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- 🎩 Bitcoin gaming hits Africa
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Good morning folks, Money Badger here for your daily-dose of Bitcoin news!
Sorry we missed you on Tuesday and Wednesday, the team had technical issues with our email provider. But were back now, so let’s dive in!
In today's news:
🎮 Bitcoin gaming lands in Africa
📈 Argentina approve Bitcoin Futures
📜 UK bitcoin policy progress
BITCOIN GAMING HITS THE SHORES OF AFRICA
African Bitcoin adoption continues to grow…
Thanks to Zebedee’s partnership with Bitnob, gamers in Africa can now send and receive Bitcoin micro-payments using the lightning network.
The situation? A study from 2021 indicated that there are around 186M people playing video games on the continent with a market value around $3.3B.
The problem? Sending micro-payments to and within Africa is impossible without enormous fees. If EA wants to sponsor an african tournament they have to use cash prizes.
The solution? Zebedee pays users of their games in bitcoin, and allows users to tip their friends in bitcoin. The partnership with Bitnob means gamers can earn bitcoin from playing, send it to whoever they like and withdraw it for national currency using Bitnob exchange.
ARGENTINA APPROVES BITCOIN FUTURES
Will Argentina adopt $BTC as the main currency?
The country has had record inflation of over 100% in the last few months, causing many residents to reconsider how they preserve their purchasing power.
Could a fixed asset like bitcoin be answer?
Argentina is certainly moving in this direction, following the countries national securities commission approving the launch of a Bitcoin futures contract.
According to a statement released the contract will be indexed through Matba Rofex (Argentinian Stock Exchange) and tradable with the local currency (Pesos).
UK BITCOIN POLICY PROGRESS
Bitcoin policy in the USA has had major support, surely the UK will one day?
Well, thanks to some amazing bitcoiners today is that day!
Question, what happens when a bunch of bitcoiners come together?
Ideas flow and projects form.
That is exactly what happened at the Bitcoin Conference UK last year.
It was the moment Bitcoin Policy UK team was born.
Their aim is to bring together the finance sector, policy makers, environmentalists, business, energy producers and bitcoiners of course.
Under one mission, to explore how bitcoin can benefit UK households, businesses, and communities.
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