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Consumerism has reached its limits. We must stop this addictive consumption that we seek to satisfy very quickly. To continue would develop problems for the environment as well as for individuals.
Resources are running out. We extract and produce more and more, even if it means using methods that are very harmful to the environment. At the same time, an unprecedented demographic crisis is brewing. How to manage all this? How to feed humanity in 2050? Slash and burn agriculture, intensive breeding, pesticides, shale oil, depletion of water tables are the solutions today. When will we understand that we must stop this path towards a finite world?
Individually, we are also running towards our loss. For more comfort, more aestheticism we buy all the time. Who has never felt frustrated not to have this or that? Social networks and the soft power of influencers make this frustration worse. Aren't we giving up on happiness by always wanting more?
he country’s Fifth-Largest Bank, U.S. Bank, has introduced custody for Bitcoin Cash, Litecoin, & Bitcoin in partnership with NYDIG on October 6, 2021.
The bank is also planning to add support for other coins such as Ethereum in the future. U.S. Bank today announces that it has launched Bitcoin custodial services. Private funds holding Institutional investment managers in the U.S. or the Cayman Islands can now delve into the bank’s service to store their private keys.
The bank is working with the New York Digital Investment Group (NYDIG), the financial services and technology firms, to launch its first sub-custodian for the service.
U.S. Bank had previously signed to administer NYDIG’s planned Bitcoin ETF or exchange-traded fund but is still awaiting approval from the SEC or the United States Securities and Exchange Commission.
On January 11, 2022, Bitcoin Lightning Network-powered application Strike has launched its services in Argentina. The residents of South American presently approach a cash balance that can be utilized to set aside or move cash without authorization.
Argentina will want to make bitcoin settlement payments, get bitcoin tips on Twitter and use the Strike shared exchange service, Company said on Tuesday.
Recently, Jack Mallers, CEO of Strike, declared his company's launch in Argentina via Twitter, “Today, we launch a superior financial experience to a country that faces hyperinflation, predatory payment networks, and unusable cross-border transfers. Today, we use the world's open mo+netary network, #Bitcoin, to give hope to the people of Argentina.”
The South American country will be the second country to receive support from a bitcoin payment processor, following a successful launch in El Salvador with the help of the Nayab Bukele government.
Argentina is the initial phase in a 2022 Latin American extension that will incorporate Brazil, Colombia, and "other Latin American markets," the company included an assertion. The company launched its payment application in El Salvador last March.
According to a release, on Wednesday, Germany's federal finance ministry (BMF) issued the first nationwide guidance on the income tax treatment of cryptocurrencies which also includes other blockchain-based tokens.
It is a 24-page document that covers and explained technically various aspects of crypto-related issues in terms of Germany’s income tax law. In a statement, parliamentary state secretary Katja Hessel said that after one year of owning the assets individuals can sell acquired cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH). According to the finance ministry, the main point of guidance covers crypto-related topics such as mining, staking, lending, hard forks, and airdrops, as well as tax implications of buying and selling bitcoin and ether. Further, Staking and lending protocols may also use digital assets under the new guidance. Section 23 of the German Income Tax Act specifies that those gains are tax-free if more than one year passes between the acquisition and sale of an asset.