While everyone is talking about the recent dip in the crypto market, the Central African Republic has adopted bitcoin as legal tender. El Salvador became the first country to do so in September last year. Bitcoin’s hashrate has hit an all-time high—again. One analyst is predicting a bigger fall in the short-term. Meanwhile, a quarter of all electricity in the U.S. is powering bitcoin. And 23 U.S. lawmakers are asking the Environmental Protection Agency to provide more oversight on crypto’s environmental impact, including bitcoin’s. https://cryptocracy.substack.com/p/bitcoin-is-making-big-bold-moves?s=w
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