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A $10 trillion online payments industry
OpenSea has officially surpassed $1 billion in gross market volume after a record few days. More impressively facilitated $1 billion in volume in 2021 alone! 2018 – $473k 2019 – $8 million 2020 – $24 million 2021 (YTD) – $1.02 billion Just absolutely insane growth.
Is bitcoin an environmental disaster? Check out 's fascinating piece: "Spence is one of an emerging cohort of American bitcoin miners who are turning one of the cryptocurrency’s biggest liabilities—its insatiable thirst…lnkd.in/gesP3VS
The latest draft of the infrastructure bill includes raising $30B a year from cracking down on tax evasion. reports on how that could happen:
The bipartisan infrastructure package includes a hastily-designed tax reporting regime for cryptocurrency. Simply put, the text is unworkable. I plan to offer an amendment to fix it.
Bank of America is paying attention to El Salvador's strategy and its potential benefits. Analysts at the bank predict this move could open up the country to American firms and crypto miners.
"Buy now, pay later is an incredibly attractive space going after a $10 trillion online payments industry where we’re about 2% penetrated today" Square CFO and Afterpay CEO joined us first on to discuss their $29 billion all-stock deal. $SQ