Posledovich Investment Analysis. Stocks Equities Analysis Valuation. Evaluation No Recommendations.: September 2021

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DORSEY'S FLAME: Bitcoin’s "lightning torch" saw none other than Twitter CEO Jack Dorsey snatch up the ongoing payment experiment and pass it on Tuesday. As CoinDesk reported, customers have been passing around a so-known as "lightning torch" - a operating game wherein each participant adds a small bitcoin to a lightning network payment, then passes it onto someone on Twitter that they trust. Crypto podcast host Matt Odell was the one nudging Dorsey to participate, tweeting: "You prepared to carry the torch? To date, about 150 people have taken portion in what has turn out to be a global workout. With Dorsey’s participation, the payment has now reached roughly 2,860,000 satoshis (worth nearly $100 at the time of press). Probably a bit unexpectedly, Dorsey responded on Twitter the next day, posting an invoice - comparable to a normal invoice in that it’s made use of to request and retrieve a particular quantity of funds. The effort aims to spread awareness of the technologies, widely seen as the future of bitcoin payments considering the fact that transactions are rapidly and scalable.