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☕️ Digital Identity Goes Beyond Dating Apps..😳

May 31

GM Brew Crew, we are halfway through the week. You can see the light at the end of the tunnel, let us make it shine a little brighter for you. Let’s dive in ⬇️

On the menu today:

  • EL SALVADOR’S NATIONAL BITCOIN OFFICE GAINS A NEW ECONOMIC ADVISOR 👀

  • SATOSHI LABS INTRODUCES AI TOOL THAT TRANSFORMS SELFIES INTO NFTS 🤳

  • BTC MINING SURVIVES TEXAS HOUSE COMMITTEE 👏

Today’s Charts:

Snapshot taken at 10:02am EDT

Snapshot taken at 10:02am EDT

EL SALVADOR’S NATIONAL BITCOIN OFFICE GAINS A NEW ECONOMIC ADVISOR 👀

Saifedean Ammous, renowned economist and author of "The Bitcoin Standard," has been appointed as an economic advisor to El Salvador's National Bitcoin Office (ONBTC)

  • The economist will be providing advice to the President and the ONBTC as the country embraces cryptocurrency. He praised President Nayib Bukele's zero-tax policy for tech companies and expressed confidence in El Salvador's Bitcoin strategy.

  • El Salvador's National Bitcoin Office, created in late 2022, manages all matters related to cryptocurrency in the country, which became the first to make Bitcoin legal tender in 2021.

  • Reports show poor growth, with cryptocurrency making up less than 2% of remittances to El Salvador and low app retention rates, despite the government's emphasis on promoting Bitcoin.

SATOSHI LABS INTRODUCES AI TOOL THAT TURNS SELFIES INTO NFTS 🤳

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