Bitcoin educator Hector Alvero suggests using the time spent with one’s barber or stylist as an opportunity to discuss Bitcoin and its benefits. The setting provides an ideal environment for discussion, with clients and hairstylists often sharing a bond of trust that spans years. Moreover, hairstylists often have a broad network of clients from various backgrounds, providing a potential audience for educating others about Bitcoin.
To make the conversation engaging, stylists can be introduced to Lightning payments, which offer numerous benefits such as immediate availability of funds, minimal fees, and no chargebacks. Educators are encouraged to highlight the advantages of Bitcoin and Lightning payments to encourage interest, using various tools like BTC Map and Satmap offer free marketing for their shop or salon. By offering these solutions, hair salons and barbershops can attract customers interested in the crypto world, establishing themselves as the go-to place for crypto enthusiasts.
In other news, Bybit announced that it has acquired a license from regulatory authorities in Cyprus to offer its full range of services, including trading between crypto and fiat currency pairs and offering financial services related to cryptocurrencies. This marks a crucial milestone in Bybit’s global expansion, enhancing its credibility and trustworthiness in the cryptocurrency market. However, Bybit has announced that it will be exiting the Canadian market due to a challenging regulatory environment, highlighting the importance of regulatory compliance for crypto companies.
Meanwhile, Avalanche (AVAX) has successfully overcome a major obstacle at $13, resulting in a surge in performance. The increasing demand for the wrapped version of Bitcoin on the Avalanche network is contributing to this success, as more users seek to utilize wrapped BTC. However, it appears that AVAX’s recent upward momentum may be losing steam, with indications of exhaustion becoming increasingly evident. As Bitcoin’s movements often set the tone for the entire market, AVAX is not immune to this influence.
Overall, these developments demonstrate the importance of education, regulatory compliance, and understanding the interplay between Bitcoin’s movement and the trajectory of other cryptocurrencies. By educating individuals about the benefits of Bitcoin and expanding one’s knowledge of the cryptocurrency market, we can contribute to the growth and success of this innovative technology.