Shark Tank star Mark Cuban recently aired his thoughts on Ethereum’s upcoming “Merge” upgrade. He pointed out how Ethereum’s utility as a smart contract platform and as a deflationary asset are at odds. In an interview with Altcoin Daily on Sunday, Cuban explained that there is an inverse relationship between deflation and utilization of Ethereum. “If utilization goes up, and the value of a token goes up, then the cost to do something goes up,” he explained. “So you have…
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Spanish Football Club is the First to Pay for Player’s Transfer Using Bitcoin
Bitcoin’s position as a global currency continues to increase with adoption in different industries across the world. This week, a Spanish football club became the first to pay for a footballer’s transfer with Bitcoin. Football’s First transfer with Bitcoin This historic milestone occurred this week when footballer David Barral joined Spanish third division club DUX International de Madrid. The entire transfer was performed via Bitcoin, with the club not disclosing the total amount paid. The signing of this historic contract…
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