Americans still pay tribute to the California Gold Rush, both through the existence of the San Francisco 49ers football team and the way the phrase “gold rush” is still used today to indicate a windfall or frenzy (people use that term, don’t they?) But how much do you actually know about the California Gold Rush of 1849? And how much do you suspect younger generations know about this defining era in American history, for that matter?
China can’t seem to make up its mind on Bitcoin. In 2013, the People’s Bank of China prohibited financial institutions from using Bitcoin and other cryptocurrencies for transactions, yet Bitcoin itself was not made illegal. In April 2019, Bitcoin mining was on the list of “wasteful” industries which were to be eliminated, yet disappeared from the list in November. That was possibly because a month before, Chinese President Xi Jinping announced that the country would go all-in on blockchain technology, in order to be a world leader in the space — yet cryptocurrencies, which feature blockchain technology at its core, weren’t mentioned.