Claudia cruz bitcoinBitcoin in Cuba: A Local YouTube Influencer Explains How It Works
A couple of them use it for acquiring bitcoin as well. To be clear: Bitwage does not service Cuba or other countries sanctioned by the U. Subscribe to Blockchain Bites , our daily update with the latest stories. Read more about YouTube Bitcoin Cuba. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
CoinDesk is an independent operating subsidiary of Digital Currency Group , which invests in cryptocurrencies and blockchain startups. Given the economic circumstances the country is facing both from the coronavirus and from the lagging socialist economy, bitcoin is becoming the answer for many people who are looking to survive each day.
As an influencer on YouTube , Cruz explained:. We do not have access to Visa cards or Mastercard products because of the [U. We are monetized through YouTube. Bitcoin has been a viable solution for him as his career with the video-streaming site has grown. Many times, he has converted bitcoin payments into regular fiat currency that he then uses to pay for groceries, pay his rent and take care of himself.
He comments that while bitcoin is still widely used by programmers and people who work in technical fields, content creators are consistently turning to bitcoin as of late and see it as a potential tool to ensure their financial security in the coming years.
He eventually gave in and decided to see what BTC was all about. The relative may send Cruz bitcoin as remittances or other forms of money as well.
Cruz is now one of a small and widely dispersed group of Latin American influencers who use bitcoin as a tool for their daily work. Fabiano Dias, vice president of business development at the startup Bitwage, said a couple of Latin American YouTubers now use bitcoin as an international payments tool. A couple of them use it for acquiring bitcoin as well. Senate seat in Georgia to Raphael Warnock, a defeat that -- coupled with an expected victory for Jon Ossoff -- will hand Democrats control of the upper chamber.
The double blow cost more than bruised egos. For more articles like this, please visit us at bloomberg. Consolidation could soon be flying into the boardrooms of the major airlines as they look to survive the COVID pandemic. While Tesla bulls are betting the stock's insane run will continue following a Democratic Senate sweep in Georgia, some Tesla option traders are dumping massive amounts of call options on Wednesday. Why It's Important: Even traders who stick exclusively to stocks often monitor option market activity closely for unusually large trades.
Given the relative complexity of the options market, large options traders are typically considered to be more sophisticated than the average stock trader.
Many of these large options traders are wealthy individuals or institutions who may have unique information or theses related to the underlying stock. Unfortunately, stock traders often use the options market to hedge against their larger stock positions, and there's no surefire way to determine if an options trade is a standalone position or a hedge.
In this case, given the relatively large size of the largest Tesla option trades, there's certainly a possibility they could be an institutional hedge on a large position in Tesla stock. Tesla Investors Cashing In: Wednesday's big option trades come after Tesla reported a record , vehicle deliveries in the fourth quarter, up That number exceeded analyst estimates of , vehicles.
For the full year of , Tesla delivered , vehicles. Tesla had previously said it would "comfortably exceed" , vehicle deliveries in Tesla investors are hoping Democrats in control of the White House and Congress will provide a significant tailwind for clean energy stocks. Tesla bulls can't be upset about option traders cashing out on what could potentially be massive trading gains on these calls after Tesla's historic run.
Benzinga does not provide investment advice. All rights reserved. The stock market turned mixed after a pro-Trump mob stormed Capitol Hill. JPMorgan analysts see Bitcoin reaching 6, levels in the long term should private sector investments into the cryptocurrency match those in gold. Price Action: Bitcoin traded 5. The fears of what would happen from Democratic wins in Georgia's race failed to pan out, aside from tech taking a few hits.
Here's what's happening instead and why. Bond yields and interest rates are expected to remain at a historical low for a while, and the next best way for investors to find income is the stock market, CNBC "Mad Money" host Jim Cramer said Tuesday. According to the former hedge fund manager, it's still possible to get an income with a degree of safety in the current environment. Dividends are like rewards that companies pay for holding a stock.
Fast-growing companies like Amazon. He put together a diversified portfolio of nine high-yielding dividend stocks that have a strong balance sheet. Cramer thinks the stock is a good performer and is likely to go higher due to polyethylene's rising price.
The company has a great pipeline of drugs and two blockbuster drugs that are "growing like crazy," as per Cramer.