Henri Arslanian Profile picture
Crypto - Digital Assets - Future of Finance & Money - Best Selling Author, Keynote Speaker, Professor, Arslanian Media Group, Host of Crypto Capsule™
Aug 24, 2022 42 tweets 9 min read
1/ Five things you need to know about the Ethereum #Merge.

Time for a 🧵 👇 2/ The Ethereum network is currently undergoing a massive and exciting new revamp called the Merge (originally called Ethereum 2.0), which is officially scheduled to take place on September 19.

But why are these upgrades necessary in the first place?
May 27, 2022 27 tweets 11 min read
1/ Is Bitcoin mining making a comeback in China despite the ban? How did the U.S. state of Georgia overtake Texas as America’s Bitcoin mining hub? And what is happening with Bitcoin mining in Russia and Kazakhstan?

Time for a thread 🧵 👇 2/ As recently as May 2021, China was the uncontested global leader in Bitcoin mining, with over 65% of the global Bitcoin hashrate.
May 25, 2022 11 tweets 9 min read
1/ This past weekend was the 12-year anniversary of Bitcoin Pizza Day, which marked the first time that Bitcoin was exchanged for physical goods.

But what exactly happened on that date 12 years ago? And how did the transaction take place?

Time for a thread 🧵 👇 2/ On May 22, 2010, Bitcoin enthusiast Laszlo Hanyecz posted online a receipt of the first documented purchase of goods in Bitcoin: two pizzas for 10,000 Bitcoin, the equivalent of US$41 at the time.

But 12 years later, those 10,000 Bitcoins are worth over $304 million!
May 12, 2022 12 tweets 4 min read
1/ Ever wonder how the invention of coinage gave rise to two of humanity's biggest vices?

Time for a thread! 🧵👇 2/ Based on texts from the Greek writer Herodotus, it is now commonly accepted that the Lydians, who ruled over a vast kingdom located in what is today western Turkey, minted the first coins sometime around 630 BC.
May 10, 2022 11 tweets 4 min read
1/ Did you ever wonder where some of the most commonly-used terms in the world of finance and banking originated, like bank, algorithm, and million/billion/trillion?

Time for a thread! 🧵👇 2/ Many of these terms actually originated during the Renaissance, in which Italian bankers took a pioneering approach to push the practice of banking forward.
Apr 14, 2022 14 tweets 5 min read
1/ A major milestone in the history of money took place last week. On April 5, 1933, FDR signed Executive Order 6102, which placed extreme limitations on gold ownership in the U.S.

What catalyzed this move? And what was its broader impact?

Time for a thread 🧵👇 2/ Upon entering office, FDR attempted to dramatically increase federal spending so as to stimulate the economy, which was rapidly sinking following the 1929 stock market crash.
Apr 12, 2022 15 tweets 4 min read
1/ Last week the UK government announced that they want the country to become a global crypto hub. What does this mean? Who are the winners and losers? And what is the broader impact this will have on the crypto ecosystem?

Time for a thread 🧵👇 2/ A big development occurred on April 4 when John Glenn, the Economic Secretary to the Treasury, gave a keynote at the Innovate Finance Global Summit that layed out in a detailed speech what the government is focusing on.
Oct 19, 2021 15 tweets 5 min read
Today is another historic milestone for #Bitcoin and the #crypto ecosystem with the listing of the first Bitcoin #ETF in the US.

What is the importance of this new Bitcoin ETF and what may be it’s impact?

Time for a thread 🧵 Today the Pro Shares Bitcoin Strategy ETF was listed on the NYSE under ticket #BITO

This is a moment the crypto ecosystem has been waiting for many years.
Oct 17, 2021 7 tweets 2 min read
Whilst the future of money and #crypto is very exciting, the history of money is equally interesting.

For example, cattle played a very important role as a form of #money throughout history.

Time for a thread. A good example of its impact is its use today in modern European languages.

The word pecuniary, which means "related to money," is derived from the Latin pecuniarias, meaning "wealth in cattle."
Jun 6, 2021 7 tweets 3 min read
El Salvador recognising #Bitcoin as legal tender is an important milestone.

Here are my personal thoughts on some the potential (including unintended) consequences of this news. Time for a thread!

#BitcoinMiami #BitcoinMiami2021 #cryptocurrencies Background

Lets not forget that El Salvador has 6.4m ppl with 70% unbanked, 20% living in extreme poverty and 16% of GDP consisting of remittances, mainly the US.

Also, the country uses the U.S. Dollar as its legal currency since 2001 and ⅔ of exports go the US.
Mar 13, 2020 12 tweets 4 min read
The Bank of England @bankofengland just issued an excellent paper on retail Central Bank Digital Currencies and proposes a new form of money which would enable to make electronic payments using central bank money.

If you just have 1 minute, this is what you need to know: 1. BofE proposes to issue a UK CBDC, a digital pound sterling and allow anyone to hold an electronic form of central bank money - similar to a digital banknote. This would be a risk-free asset as does not involve any counterparty risk to traditional banks.