"“Every restaurant, every barber shop, every bank” will be required to accept bitcoin, he said on Tuesday night as legislators debated his bill. He said the use of bitcoin would increase financial inclusion, as 70% of Salvadorans don’t have access to traditional financial services."

"The legislation passed by El Salvador is unusual because legal tender status generally just determines whether taxes and other debts can be paid through a specific instrument, rather than compel businesses to accept a specific form of payment"

could this be a portent for the end of the USD as the world's reserve currency?

"Other poor nations have talked about using cryptocurrencies as a way to free themselves from reliance on the U.S. dollar, the dominant currency in international financial transactions."

Decentralized hedge funds on Ethereum

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"Finally, we believe that more powerful AI-designed hardware will fuel advances in AI, creating a symbiotic relationship between the two fields."

"The fundraise reflects the growing interest among professional investors in the DeFi market, which aims to replace traditional financial services like lending and trading with decentralized alternatives. The firm declined to share the exact names of its limited partners but said that they are high-net-worth investors and family offices that have recently entered the market. "

Ethereum is scaling now with these L2s

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