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Hey hey, Bitcoin is up 700 today, the 16th/17th. We're talking about Mark Mobius, who says Bitcoin should be backed by gold. Then there's the fact that they have a new cooperation, can boast over 1000 more acceptance points, and Pécs is being set up by the BETWEEN exchange, the new Bitkom TMS. And we'll start with the price.
Bitcoin is already performing well; the indicator behind me is green. It's currently at 101745, which is over $200 higher since yesterday evening. And yes, I think this week, when the weekly candle closes, it could be an interesting sign for Bitkom's next move. Whether it goes down or up again... well, we'll wait and see.
But let's take a look at Mark Mobius. He's considered an expert on the Asian stock market and is a portfolio manager. Yesterday, in a CNBC interview, he made some rather strange comments about Bitcoin. It was really a typical Mr. Kusch interview, that's the only way to put it. He suggested backing Bitcoin with gold, as he also once suggested...
Currencies were backed by gold. Perhaps you remember in 1971 when Richard Nixon abolished the gold standard for the dollar and introduced fiat currencies. Since then, the four currencies have been backed by nothing but our trust. And yes, that was essentially his answer to Mark Mobius's question about whether Bitcoin has intrinsic value, and he says it does, if it's backed by gold, and so on and so forth.
He also clearly stated that it's solely based on trust, just like with Bitcoin. And the crucial point here is that you don't need to have trust; everything can be verified with Bitcoin. Yes, the money supply, distribution, and the validity of transactions can all be verified without a central authority having the power to change them.
With the euro or dollar, nobody knows when or how much will be printed, or what the politicians, banks, and central banks will do. Yes, all of that is unpredictable, and that's the central aspect of his position. It's one of the most important pillars of why Bitcoin... What's revolutionary is that nobody can tamper with it and therefore it doesn't simply lose its value.
We're working on adding four currencies, Argentina and Turkey. How strong the barriers are and how people suffer because of them. And yes, mobile Ostring is apparently still in old categories. Not at all confusing, but rather giving the impression that they want to undermine Bitcoin a bit and simply recommend gold.
We generally agree that recommending gold is okay, but the idea of backing Bitcoin with gold is totally nonsensical. There are some people who believe crypto applications should be backed with gold. There are various nativity scenes that are backed with gold. Let's see if they get a few more attractions in the next few years or if that's just something that's temporarily interesting for some speculators.
Look, I was referring to Digital Cash. I like it very much. They now have a new cooperation with Cube Eschenau and gain over 1000 acceptance points. Iquique Eschenau then has its own festival. They have this with KTM in Austria. Greece, Spain, Italy, Turkey, the USA, and even Ecuador, and the MBC roof in the attic space of Jan Heinrich Kiermeier, the CEO, have announced that this cooperation has now been integrated into the point-of-sale system.
Over 1000 acceptance points can therefore also accept it. When exactly will this be available directly in Europe or in the respective currency to minimize these volatility risks? And yes, a pretty cool story, a pretty cool cooperation. Now the roofs can also issue their currency. More and more than 1000 stores.
I think the merchants can also benefit from this, perhaps a new customer base, of course, to address accordingly. And the blog change is really making great progress. I think that with the changes they have made, it's one of the safest blog changes ever. So, into Tencent, you don't have to wait for confirmation as is the case with other cryptocurrencies.
Yes, and then you can of course convert the payment directly into euros. With Hugh Hefner, it has zero Volatility risk, and yes, that's something that's very interesting for customers and traders on both sides. And yes, let's see how things progress with the shop that can prevail in the long term. Because when you think of crypto, Bitcoin is the primary name.
If you ask people on the street, they might have heard of Bitcoin, but not so many have heard of Dash or other crypto things. But I think we have an exciting race here, and Dave's approach, what they're doing, in my opinion, is definitely a contender to be reckoned with. So, let's look over to the next topic, namely Packs Volkswohl.
Perhaps some of you have already heard of them, that they're also on exchange A1, and they've really taken another step, especially in the Latin American market. They want to accelerate their efforts and have now set up over 20 Bitcoin teams there, or rather, they want to set up 20 teams with a startup called Kranjec.
And yes, they will initially be exhibited in the most important cities in Colombia, so in digital media. And so on and so forth, because people can then easily exchange their currency. And yes, the interesting thing about these kiosk packs is that you can also buy gift data, so voucher codes and so on and so forth, so many other things too.
I find it quite interesting. We're also doing some very, very cool things. You can go to the website, which I recommend. They definitely have a lot planned. And yes, Colombia is also an interesting country. We currently have the most crypto machines there. 46 on this article. Yes, and now there will of course be even more, and soon we'll be moving on to Peru.
Maxwell simply sees the Latin American market as a future market, especially now, of course, if you look at Venezuela again, where a lot is happening with crypto, with the currency, with the fiat currency, or also in Argentina, where the currency is losing value. In the end, Argentina is bankrupt, but I think those are the countries where we We'll see the crypto adoption stage when people finally understand it, and that's obviously not something that happens overnight.
People are used to paying with their local currency and then suddenly have to switch to a completely new system. Yes, that takes time. Let's see how long. I suspect it will take a few more years, but we're on the right track. And that brings us to the last topic: the market. Let's see what's going on.
We're currently at a market capitalization of 270 billion, a trading volume of 50 billion, and Bitcoin dominance of 71.1 percent. That's really crazy! Bitcoin keeps rising. Otherwise, my daughters don't have this much movement. The Konz is slightly up, slightly down, two percent up at 1.7 percent. But the top winners compared to yesterday are the SX Max (whatever that is) with a 44 percent price increase, Chilis 39 percent before the close.
So, a few Alfons that we're doing well. Trezia 34 percent. Looking at their chart, or Edith, yeah, however you pronounce it, it's been built up for far too long, and since then it's been going downhill fast again. So, you can quickly gamble away all your money with alcohol. So, guys, that's it for today.
I thank you all for watching and listening. I wish you all a wonderful weekend, and half of the weekend, I'd like to bring some new people from O'Connor into the club scene. I wanted to install it on her phone, always sends a little bit over to Coins so she can experience practically how it all works.
And yeah, that's it for me, says Marines as always, waving a second plan, maybe in Bitcoin. Egyptians, can they trust?
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