We've got a little bit of tax, a little bit of big cat, and a Facebook goat named Bitcoin in this week's compilation of bizarre crypto stories.
Nobody like paying taxes, but they might be a little more bearable if done in Bitcoin.
The governmental administration of Miami-Dade County is exploring allowing people to pay their taxes and service fees with digital money.
If accepted, a task group will look into the proposal's practicality, which appears to have a lot of potential. Crypto payments could be less expensive and more convenient, boosting the area's tech and startup scene.
Mayor Francis Suarez of Miami has already thrown his hat into the ring, launching an aggressive effort to turn Miami into a true crypto hub. It's possible that tax season will never be the same.
Bitcoin gets Mark Zuckerberg’s goatMark Zuckerberg is never far from a news topic, and he has everyone's ire this time by sharing a photo of his pets.
The controversial Facebook CEO shared a photo of his two pet goats, Bitcoin and Max, sparking a flurry of discussion about the names' hidden meanings.
Bitcoin maximalists, who believe Bitcoin will one day dominate the globe, claim that the solution is obvious. Others on social media relate to past reports that Facebook was interested in purchasing Bitcoin.
It's possible that they're overthinking it. After all, Facebook appears to be working on its own stablecoin, diem, which will be tested later this year. CNBC reports that diem, which is pegged to the dollar, could be used to buy goods and services. We'll have to wait and see!
It's raining cats, dogs, and cryptocurrency.Every cat has its own crypto coin, just as every dog has its own day. Carole Baskin, star of the film Tiger King, has just introduced her own cat-themed alt coin.
Carole, the founder and CEO of Big Cat Rescue, rose to fame thanks to a Netflix series that chronicled her real-life battle against big cat breeding and abuse in the United States.
“Putting the power of money in the hands of the people”, Carole has issued the $CAT coin—or fan token—which can be used to buy sanctuary visits, merchandise and, coming soon, virtual visits with the cat stars themselves.
The cat lady is faring better than her counterpart Elon Musk, who has just made a dog’s breakfast of his Saturday Night Live appearance—dissing dogecoin and sending its price plummeting.
Oh, and doge coin is named after a fun internet meme featuring a Shiba Inu dog. Purrfect.
Will Australia Support the Crypto Travel Regulation?
In an effort to combat money laundering, Australian lawmakers may introduce legislation requiring cryptocurrency providers to provide information about their users and transactions with AUSTRAC. According to the Australian Financial Review, Nicole Rose, the Chief Executive Officer of AUSTRAC, told the Senate in late May 2021 that regulators were considering imposing a "travel rule," among other reforms, to address possible difficulties stemming from the expanding use of digital currencies.
Do You Really Know How Blockchain Works?
Beyond iconic Bitcoin and Ethereum, the dizzying range of blockchain use is only starting to be fully explored. Yet the things that makes blockchain so revolutionary are also the things that make it so difficult to grasp—its lack of tangible assets, and huge network of linked virtual users. Solution? A beginner’s guide to blockchain. Get the basics right and the sky really is the limit.
Grassroots adoption of crypto in Australia, powered by Qoin
CULT is Crypto Urban Libertarian Thought. Thousands of projects around the world are emerging to take back data from big corporates, bank the world's poor, and redefine an unjust global financial ecosystem. At CULT, we will keep you in touch with the vision and visionaries behind this social movement.
