Slaying the BearWhale, $50M Funding, Bit License and Saving Journalism
summary
Covers a 30,000 BTC dump that pushed price below $300 and suggests part of the selling is tax-driven, reports VC rounds — $30M to Blockchain and $20M to Bitfury — and explains why investors look 3–5 years out. Details the NYDFS “BitLicense” draft and the risk it poses to New York-based banks and startups, describes live experiments like World Crypto Network and ChangeTip proving nano‑payments for journalism and arts and predicts niche adoption in ~1 year, mainstream in 2–3.
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