BITCOIN: More good news!

[Текст на српском] Just recently we wrote about Bitcoin entering the mainstream, and today there are good news from everywhere!



Björk Guðmundsdóttir, better known as Björk, Icelandic singer, songwriter, actress, record producer, and DJ, announced that her latest album, Utopia, will be available for purchase only through cryptocurrencies. The artist will accept Bitcoin, Litecoin, DASH, and AudioCoin. Let's repeat this: the album cannot be purchased using normal fiat currencies.

Iranian Government creates Infrastructure for Bitcoin Users

Another extremely important news for Bitcoin adoption coming from Iran. The economic and financial blockade imposed by the United States on Iran led to the government's opening to “creative solutions”. Iran has been removed from the SWIFT platform, its citizens (as well as the citizens of Serbia) have been banned from receiving the money through the Pay-Pal system, and its citizens have blocked funds in all financial institutions around the world under the influence of Western plutocracy. In such a situation, the Iranian Government plans to create an infrastructure for Bitcoin users that will immediately make the financial blockade meaningless!

Let's remeber that Japan has already formalized the payment in Bitcoin, in some cantons of Switzerland tax can already be paid in Bitcoin, Australia is in the process of acceptance, and the latest exceptionally good news comes from Argentina, where the largest market of futures (“Mercado de Termino de Rosario” also known as “Rofex”) announced the sale of Bitcoin futures to its clients! This move is a consequence of a huge increase of inflation, which the local population has already called a “bitcoinization”.

Satoshi cycles

As adoption of cryptocurrencies increases, the price and number of transactions increase, causing greater price stability, and stability increases mainstream adoption. This process of adoption and stability has been referred to as a Satoshi cycle, and is the underlying driver for the increase in Bitcoin price. Bjork’s album offering is simply another step in the ladder of adoption and stability.



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