"The Most Important Airdrop of All Time"
Happy Friday, Blockfolians
The Lede
That’s what Qiao Wang called the $117m BTC airdrop coming to citizens of El Salvador.
The most important airdrop of all time. https://t.co/WcbEGRWpWL
The Block @TheBlock__
Last night, President Nayib Bukele announced the airdrop in an hour long address to his nation about the new Bitcoin as legal tender policies.
For those of us watching from the outside, Nic Carter pretty well captured the significance:
it only took 13 years from creation to get to the first state-sponsored, country-level universal bitcoin airdrop. wild
What a time to be alive!
Enjoying Blockfolio’s Market Refresh? Sign up to have it delivered every day.
Highly Relevant Reading
Guggenheim CIO Scott Minerd is back with another random number generator prediction
NYDIG is bringing bitcoin to your bank account
The world’s first Solana ETP
Dorsey vs Elon
Community Commentary
Good news on the “no oppressive regulation front”
Some big news in global crypto policy: the @FATFNews was expected to finalize its (quite bad) draft guidance on AML regulation today, but instead will delay until October due to the volume of feedback they received.
Thanks to everyone who wrote comments. This is a good start! 👏
Very cool, Jack
The #bitcoin development community above all else.
As more companies and institutions get into the mix, we all want to help protect and spread what makes #bitcoin open development so perfect.
This day is focused on education and actions to do just that.
A Really Big Number We Should Be Paying Attention To
$2.2B
That’s the size of A16Z’s new crypto fund. Yowza!