₿ Musk & Dorsey finally get along

Musk and Dorsey are in sync on Bitcoin, Aave wants a crypto version of twitter, El Salvador finally opts for a CBDC... [View in Browser]( [Gift Tree]( 23/07/2021 Musk and Dorsey are in sync on Bitcoin, Aave wants a crypto version of Twitter, El Salvador finally opts for a CBDC, the crypto industry records its largest-ever crypto fundraising, NFTs have their first unicorn… your weekly Biiiiiites brought to you by Milan from Ledger. [Infos I should already know about]( [Towards a blockchain-based Twitter?]( DeFi player Aave said it would launch an Ethereum social media platform this year. “We believe content creators should own their audiences in a permissionless fashion”, says Aave's CEO. [Polygon launches a blockchain gaming department.]( The company plans to attract big brands and “to bridge the gap between Web2 and Web3 gaming.” [El Salvador finally mixes bitcoin with a national stablecoin?]( The country plans to launch a “Colón-Dollar” issued by the central bank, pegged to the value of the U.S. dollar and backed by real U.S. dollars reserves. [The U.S Federal Reserve Chair plans to firmly regulate private stablecoins.]( He said one of the strongest arguments for a U.S CBDC would be to circumvent the need for private alternatives. [The Port of Buenos Aires launches a blockchain supply chain.]( Its goal is to modernize shopping information and to prevent the alteration of information. [NFTs have their largest fundraiser ever.]( NFT platform OpenSea just raised $100million in a Series B round led by Andreessen Horowitz (a16z), hitting a $1.5billion valuation. [Infos I should already know about]( million]( [Simply the largest crypto raising round ever achieved by FTX, a Hong-Kong based crypto-exchange. It is now valued at $18 billion.]( ETH]( [The crypto amount raised by the documentary “Ethereum: The Infinite Garden” featuring Vitalik Buterin, surpassing its target of 750 ETH.]( [Insight of the week]( Elon Musk & Jack Dorsey get along on Bitcoin The two tech superstars joined [“The B Word”]( conference for a Bitcoin discussion. They both praised the cryptocurrency, agreeing it is much more than a mere electronic cash system but rather a “native currency for the internet”. Here is what they fundamentally agreed on. Bitcoin is a revolutionary governance model. For Twitter’s CEO, Bitcoin is a paradigm that empowers people at the expense of corporations. “Any particular person can help drive the future of Bitcoin”, it’s a community-driven project that legitimizes individual initiatives. He also claimed that “if we had Bitcoin before Twitter started, it would have changed everything”, mentioning the [decentralized social media project]( he’s currently working on. Tesla’s CEO was in sync with the idea. Bitcoin can “make the future better” as “it increases the power of individuals relative to governments”. Empowering individuals, isn’t that what crypto is all about? Emerging markets are the next frontier for Bitcoin. Jack Dorsey might be the world’s most involved “Thought Leader” on this topic. He claims the [emerging world]( can concretely benefit from a decentralized currency that is independent from the State. “I met a woman in Ethiopia who wanted to create a Lyft equivalent (...). Bitcoin would help her build her business in a much faster way”. Bitcoin can also change how remittances are transferred globally. 24% of [El Salvador’s]( Nepal’s GDP rely on them, with outstanding fee levels. A peer-to-peer system would bypass these charges. Concrete solutions exist for Bitcoin to go green. Let’s face it: Bitcoin is energy intensive. “Proof-of-Work” is a 24/7 hashing operation, while solar and wind energies are too intermittent to sustain it permanently. Musk observed that more stable energy sources like hydro, geothermal energy and nuclear power are needed to sustain the network. To put it simply, wind + solar + stationary storage = green hashing 24/7. All in all, Bitcoin is much more than a crypto; it’s a social project. The next plans for Bitcoin? To go green, spread to emerging markets and empower people rather than corporations. [I wanna know more]( Are you missing the basics of what you just read? No problem… Ledger is here for you. Click [here]( to watch our School of Block episode entitled “Why Bitcoin is so hot?”. Want to know more about Polygon (Matic)? Then click [here]( to read our Ledger Academy article. [Inside Ledger]( Do you want 30% off your Ledger Nano S? Then join the DApps League by clicking [here](. 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