Last Saturday, over 500 people gathered in the Argentine Polo Field to create the largest human ₿ in the world in celebration of the 10th anniversary of NGO Bitcoin Argentina. The event aimed to showcase the technology’s ability to mobilize people in defense of monetary freedom, privacy, and other values of the cryptocurrency ecosystem. The human ₿, sitting at a massive 40 meters, became the world’s largest bitcoin symbol. Jimena Vallone, director of Bitcoin Argentina, expressed hopes that this would be the first of many attempts to break the record.

The event was captured by drones, documenting the scale of the gathering both day and night. Attendees also enjoyed activities such as a Kahoot game, with winners receiving 212,121 satoshis.

The event aimed to highlight the advantages of Bitcoin as an alternative currency for Argentine citizens, particularly in light of traditional monetary models’ shortcomings. Media player Carlos Maslatón emphasized that Bitcoin was not subject to permission or state recognition, making it an accessible and innovative currency.

The event attracted attendees of all ages, each with their own motivations, including concerns about inflation, privacy, and desired changes in government models. The organizer stressed that the event was not focused solely on Argentina but aimed to send a message to the world in defense of the cryptocurrency ecosystem’s values. The orange umbrellas used in the formation of the human ₿ symbol represented Bitcoin’s role as protection against inflation and the global financial crisis.

Rodolfo Andragnes, founder of the NGO, expressed the need to defend the values of Bitcoin and announced upcoming events, including the ‘B•Arte Award’ and the LABITCONF conference, which would continue to promote action, intervention and revolution in different ways. The success of the event was attributed to the support of various communities and companies in the Bitcoin space. The organizers expressed gratitude to all participants and hoped that the event would inspire other communities worldwide. They also shared the event’s photos and videos under a Creative Commons license for media and the ecosystem to use in illustrating their content.

Source link

The financial service provider eToro and Twitter recently announced a partnership, which allows users on the social network platform to trade cryptocurrencies and stocks. 

This development follows a statement made by former Twitter CEO Elon Musk who said he wants to make Twitter “the biggest financial institution in the world.”

Cointelegraph sat down with Lule Demmissie, the CEO of eToro, at Bitcoin Miami 2023 to understand what a social network and social trading platform integration can mean for the future of digital finance.

Demmissie said it “made sense” that one of the world’s largest social network platforms would partner with a social trading platform. Now, when users obtain financial news and updates on securities, ETFs or other assets they can choose to “practice, engage or trade.”

“The symbiosis is really sort of like converse, learn, practice, invest.”

Already, Twitter’s “cashtags,” which allow users to view real-time trading data, have garnered half a billion search hits on the platform. 

Related: Paraspace NFT protocol co-founder resigns after failing to overthrow CEO

The eToro CEO said the company has a “holistic” approach to the crypto ecosystem, not favoring one type of asset class over another. She said that diversification is important both “at the instrument level as well as the asset class level.”

Demmissie also highlighted that digital assets can be “transformative” in nature if they are “allowed into our lives.” 

“What’s fascinating about digital assets is that you become both the beneficiary and the product. It’s a really transformative way of thinking about justice and capital formation – benefiting from the same thing that you feed.”

However, she also pointed out that as digital assets become more available, the need to have better self-regulation practices increases. Particularly to take from the “lessons of the last two years,” and not “misdiagnose” those lessons. 

Magazine: Bitcoin glory on Chinese TikTok, 30M mainland users, Justin Sun saga