Tales From The Blockchains 03.28.2022 - Russia Hints At Serious BTC Adoption, David Dobrik Latest Influencer To Scam Fans With NFT Collection and More!
The idea of countries using BTC in everyday transactions is slowly becoming a reality. Last week alone was huge for Bitcoin and crypto in general. In case you missed the action let me brief you real quick.
Russia Considers Accepting Bitcoin for Oil and Gas
After issuing a statement that all "unfriendly countries" that are purchasing Oil and Gas from Russia will need to pay for the goods in Rubles, the Russian state caused a lot of commotion in the world, including in "friendly" countries. Those that belong in the friendly bracket and see this as a problem can pay up in Bitcoin.
Russia is considering accepting Bitcoin as payment for its oil and gas exports, according to a high-ranking lawmaker.
Pavel Zavalny says "friendly" countries could be allowed to pay in the crypto-currency or in their local currencies.
Honduras Reportedly "Days Away" From Recognizing Bitcoin as Legal Tender
In a different part of the world BTC adoption keeps heating up. According to reports, Honduras will be the next country that recognized BTC as legal tender.
The country’s President, Xiomara Castro has reportedly said that El Salvador shouldn’t be the only country “escaping dollar hegemony.”
Castro also emphasized that it was the right of Honduras “to move towards the First World,” the sources said, although the information was still unconfirmed at the time of publication.
David Dobrik Scams Fans For $6M In Latest NFT Heist
YouTuber David Dobrik has repeatedly advertised "Bored Bunny" NFTs to his followers even stating that one of them has the same hat as him. Immagine the coincidence?
Over the past 90 days the floor price dropped from 0.4 ETH to 0.059 ETH, all activity stopped in the discord channel and the creators of the project are nowhere to be found.
To be fair, there is no evidence that Dobrik was directly involved in this project but if we were to judge based on past experience... You know where this is going...
New Crypto Tax Rules In India - Your Loses Are Yours Alone but Your Gains are OUR Gains
As explained in a recent Reddit post, losses from one crypto asset can't be used to offset capital gains on another.
Adjusting capital losses from one crypto asset against gains from another asset is pretty common.. except according to the Indian government, this is not allowed either.
Moreover, if you are mining, you cannot treat the mining infrastructure investment as costs.
Goldman Sachs Goes Full Crypto
The official website of Goldman Sachs had an overhaul recently and it now seems to be focused exlusively on crypto... If my memory serves me well these were the same guys that said we are all just brainless apes scamming each other in an endless Ponzi scheme. It didn't take long for them to become Web 3.0 and Metaverse experts tbh.
Crypto.com Becomes Official 2022 FIFA World Cup Sponsor
After trying really hard to push their braind into the mainstream in the US, Crypto dot com has decided to spend even more money on global brand awareness campaigns. This time they are going big with the 2022 FIFA World Cub that is taking place in Qatar this year.
In a Tuesday announcement, the association said Crypto.com’s branding will appear both inside and outside of stadiums for the FIFA World Cup Qatar 2022 scheduled to begin in November. The crypto exchange will provide opportunities for its users to attend matches and win official merchandise as part of the sponsorship.
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