Issue 199: Get Ready for the Next Wave of Blockchain Innovation
Welcome to Backstory, a weekly newsletter turning global technology shifts into a three-minute read. This week, we’re thinking about Crypto.
THE BIG TAKE
Get Ready for the Next Wave of Blockchain Innovation
Regulation around cryptocurrency and blockchain technology has been a major issue for governments worldwide for years. It’s also an issue that we have followed closely on Backstory. The upcoming presidential elections in the United States could be a watershed moment in the history of blockchain regulatory policy, as both candidates have expressed clear interest in opening a new chapter in American leadership.
CRYPTOCURRENCY AND BLOCKCHAIN TECHNOLOGY HAVE EVOLVED FROM NICHE CONCEPTS INTO MAINSTREAM PHENOMENA, CAPTURING THE ATTENTION OF NOT ONLY TECH ENTHUSIASTS BUT ALSO MAJOR CORPORATIONS AND GOVERNMENTS.
We have put together a piece covering everything you need to know about this pivotal event that will have ripple effects around the world, especially in the UAE. Will the US embrace innovation or impose stricter controls? Get up to date with everything you need to know so that you can understand how this pivotal moment will influence the blockchain landscape worldwide.
CHART OF THE WEEK
This week, we are thinking about the price of bitcoin. Traders are betting big on a Trump victory boosting the price of cryptocurrencies such as Bitcoin.
SPOTTED ELSEWHERE
The Matrix is more important than ever. With blockchain technology gaining importance, it might seem that artistic explorations of technology are more significant than ever. The New York Times recently argued that the classic 1999 film “The Matrix” is more vital than ever. The cult classic remains a cultural touchstone because it forces us to question reality, a theme that resonates even more today. The film’s layered symbolism—from AI control to corporate critique—mirrors contemporary issues like fake news and the power of technology. Neo’s journey, sparked by the famous “follow the white rabbit” moment, challenges us to see beyond illusions and confront uncomfortable truths. As AI and digital realities evolve, “The Matrix” continues to serve as a warning and a call to explore the deeper layers of our own world.