Capitalize Financial
No Result
View All Result
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Real Estate
  • Cryptocurrency
Capitalize Financial
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Real Estate
  • Cryptocurrency
No Result
View All Result
Capitalize Financial
No Result
View All Result
Home Cryptocurrency

Crypto Long & Short: Commerce, Dollarization or Speculation?

by capitalizefinancial
June 21, 2021
in Cryptocurrency
0

It’s been a complicated week for bitcoin (BTC,-7.47%)‘s adoption story. In particular, Michael Saylor and Elon Musk gave more momentum to the idea that bitcoin can be used in commerce: Musk signaled  potential for Tesla’s return to accepting bitcoin payments, and Saylor called the Bitcoin network a rail system for the global dollar.

The best bellwether for bitcoin’s use in commerce is the Lightning Network. Briefly, Lightning is a commerce-friendly service that sits on top of Bitcoin. It allows parties to transact quickly and cheaply, verifying their transactions periodically in batches via the more trust-minimized Bitcoin network.

As we noted in last week’s Chain Links, Lightning has been surging this year. As of this Tuesday, the number of bitcoin available for use on its network had increased by 44% since Dec. 31.

That’s something for bitcoin’s potential use in commerce. But we’d be remiss not to consider it next to Bitcoin’s use on another network that is more associated with finance than with commerce – Ethereum.

Read more

Previous Post

Tight US housing market uncoils, sellers ready to cash out

Next Post

Ethiopia elections 2021: Abiy Ahmed faces first vote amid conflict Published2 hours ago

Next Post

Ethiopia elections 2021: Abiy Ahmed faces first vote amid conflict Published2 hours ago

Search…

No Result
View All Result

Subscribe Us

By clicking on Subscribe, I confirm that I have read and agree to the terms set forth in the Privacy Policy and Terms of Service including Capitalize Financial’s ability to use and share my information and Capitalize Financial, or third-party companies and business partners, may send me offers for products and services at the email address I have provided. I understand that my information may be supplemented with additional information obtained from other sources.

Recent News

Most say nation on wrong track, including Dems: AP-NORC poll

Peaky Blinders: The True Story Behind Alfie’s Uncle Charles Solomons

Categories

  • Business
  • Cryptocurrency
  • Economy
  • entertainment
  • finance
  • Georgia
  • health
  • Markets
  • Music
  • Politics
  • Real Estate
  • receipe
  • Science
  • science
  • Sports
  • Sports
  • Tech
  • Travel
  • World

Site Navigation

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe

Capitalize Financial, a news portal which provides the financial news global wide.

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe

© 2021 Capitalize Financial All Rights Reserved

No Result
View All Result
  • Advertisement
  • Contact Us
  • Homepages
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
  • World
  • Economy
  • Business
  • Markets
  • Real Estate

© 2021 Capitalize Financial All Rights Reserved