General consensus is what has been dubbed the "largest math conference" of all time did not deliver big news like many were expecting.
- NO announcement of an Apple partnership
- NO new nations legalizing Bitcoin as legal tender
However, there were two MAJOR announcements that are not getting the level of attention they deserve.
1. Elon Musk, Jack Dorsey and Adam Back are building a Texas mining facility COMPLETELY powered by Solar.
A major criticism from the uninformed is Bitcoin mining is environmentally unfriendly.
What we are witnessing first hand with this partnership is Bitcoin mining creating a financial incentive to improve solar energy tech.
Bitcoin mining promotes renewables because they will ultimately be the cheapest energy source.
If you're following the math, this means that Bitcoin mining is actually good for the environment because companies looking to mine for a profit have a financial incentive to make renewable energy tech cheaper and more efficient which will ultimately benefit everyone!
When you combine Elon Musk (Mr. Tony Stark himself) + Jack Dorsey (Altruistic Bitcoin maximalist billionaire) + Adam Back (Front runner for being the REAL Satoshi Nakamoto), good things WILL happen.
2. Stripe has integrated with Shopify so purchases can be made using the lightning network.
This. is. major.
Here is a list of the stores you can now spend Bitcoin at:
|