Ruby on Rails creator backpedals about Bitcoin: 'We need crypto'
Ruby on Rails creator makes u-turn on Bitcoin due to Canada’s financial crackdown on COVID-19 vaccine protesters. Canada’s move to freeze Bitcoin (BTC) wallets and bank accounts related to COVID-19 vaccine protests is driving cryptocurrency adoption, with some crypto naysayers reconsidering their stance on Bitcoin.David Heinemeier Hansson, the Ruby on Rails web development framework creator, took to Twitter on Monday to tell his followers that he was no longer a Bitcoin skeptic.“I still can’t believe that this is the protest that would prove every Bitcoin crank a prophet. And for me to....
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The creator of Ruby on Rails says the situation in Canada is “terrifying” and “a real wakeup call.” He admits that he was wrong about bitcoin and cryptocurrency. “A few months ago, I would not have found it credible if you said a three-week peaceful protest in Canada could have led to martial law, frozen bank accounts, and terrorist-financing laws being used to hunt protest donors,” he stressed.
‘I Was Wrong, We Need Crypto’
The creator of Ruby on Rails, David Heinemeier Hansson (DHH), has admitted that he was wrong....
Basecamp Co-Founder and creator of Ruby on Rails David Heinemeier Hansson (DHH) is known for his position on Bitcoin and cryptocurrencies. In 2018, the Danish programmer gave an interview in which he made the case that Bitcoin is a “Ponzi Scheme”, a common argument amongst BTC critics. Related Reading | Canada Chokes Crypto Supply, Freezes […]
David Heinemeier Hansson has backtracked on his decision to not support crypto. The Danish programmer who is famous for creating the Ruby on Rails programming language had been a staunch opponent of the crypto mission in the past. For Hansson, the ideologies behind the creation of cryptocurrencies did not seem to make sense in the western setting where rule of law prevailed. That is until the Canadian Truckers Protest of 2022. The World Needs Crypto In a move that shocked the world at large, the Canadian government had enacted martial law against protesters who were involved in the....
Meta has begun rolling out USDC payouts for select creators in Colombia and the Philippines, marking the company’s most concrete return to crypto payments since the collapse of its Libra and Diem ambitions. The feature uses Solana and Polygon as supported blockchain rails, putting two major public networks inside a creator-payment flow run through Meta’s […]
If you are a creator who is operating online, you’re likely stymied by many challenges that are part of the creator ‘framework’ that exists today. Meanwhile, the audience of content consumers seems to be ever-growing, and the ‘creator economy’ has become ever-present. Emerging platforms, such as Substack or Patreon, have laid a foundation for creator-first […]