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##YouTube Permanently Bans Prominent Bitcoin Influencer

 

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Bitcoin influencer Davinci Jeremie’s YouTube account has been permanently deleted along with all of his subscriptions.

In brief

YouTube has permanently banned Bitcoin influencer Davinci Jeremie's account.

The decision is the latest in a strained relationship between YouTube and the crypto community.

Jeremie has shared YouTube's decision against him on Twitter in the hope of getting his account back.

Davinci Jeremie, a popular Bitcoin influencer on YouTube—with 82,000 followers—was permanently banned from the platform yesterday.

YouTube has made a habit of banning Bitcoin-related content on its platform in the past. YouTube has previously explained this away by appealing to algorithm mistakes, but repeated bans of crypto influencers and content creators have led to claims the video-sharing platform is anti-crypto. Even Jeremie himself has previously been hit by YouTube strikes, but this time, the damage is here to stay. 

“Oh my God, my YouTube channel got permanently deleted! This is not just a strike!” Jeremie tweeted yesterday.

The decision has already gained attention by the wider crypto YouTube community. Earlier today, crypto YouTuber Sunny Decree posted a video discussing Jeremie’s permanent ban. “With this episode, I’m trying to support him,” Decree said

Since the ban, Jeremie has tried appealing YouTube’s decision, albeit unsuccessfully. He shared a response from YouTube, which said, “We have decided to keep your account suspended based on our Community Guidelines and Terms of Service.” 

Clearly unsatisfied with the email, Jeremie added, “I just hit you over the head with guidelines and not show you how you violated them because I don’t want to get sued.”

YouTube issued a response to Jeremie’s tweet via their @TeamYouTube account. They said they will do their best to provide more information to him if the decision is eventually upheld. We have reached out to YouTube for comment and we will update this article if we hear back. 

Other video-sharing platforms exist, and they might just benefit from the crypto community’s strained relationship with YouTube.

##You Can Now Use Crypto to Buy Equity in Tesla, Apple, Google

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MESE.io lets you buy tiny shares in tech stocks using crypto.

In brief

There's a new microequity crypto platform.

It's called MESE.io.

Think Robinhood, but crypto.

To hold a share in Tesla is to tie your wealth to the whims of its CEO, Elon Musk. At any moment, Musk may decide that the stock price is “too high IMO” and it will obediently tank. And then the following day, it’ll shoot straight back up. 

For those with weaker stomachs, the new crypto exchange from the International Blockchain Monetary Reserve may prove appealing. MESE.io, launched today, lets you hold microequity in a company listed on the stock market, or 1/10,000th of a share.

So, instead of exposing yourself to the full force of, say, Musk’s mind, MESE.io lets you face one angsty Musk neuron at a time.

The core idea—to hold a small percentage of a share, rather than one whole Tesla share, today priced at $421—exists on regular, non-crypto platforms, such as popular stock trading app Robinhood. 

MESE.io, however, is powered by crypto, housed on the Algorand blockchain, and powered by ChainUp’s digital cloud exchange tech. To hold one crypto-based microequity token is to hold a cryptocurrency that represents 1/10,000th share in a real stock. 

Available at launch are seven global tech stocks: Microsoft, Apple, Tesla, Twitter, Amazon, Netflix, and Google. 

The core idea—to hold a small percentage of a share, rather than one whole Tesla share, today priced at $421—exists on regular, non-crypto platforms, such as popular stock trading app Robinhood. 

MESE.io, however, is powered by crypto, housed on the Algorand blockchain, and powered by ChainUp’s digital cloud exchange tech. To hold one crypto-based microequity token is to hold a cryptocurrency that represents 1/10,000th share in a real stock. 

Available at launch are seven global tech stocks: Microsoft, Apple, Tesla, Twitter, Amazon, Netflix, and Google. 

##MicroStrategy Chief: ‘Bitcoin Is Less Risky Than Holding Gold’

 

           

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 IN BRIEF

MicroStrategy CEO Michael Saylor told Bloomberg that bitcoin is less risky than holding cash and gold.

Saylor touted bitcoin's finite supply.

He would sell bitcoin if bond yields were to soar.

MicroStrategy CEO Michael Saylor had the crypto community at hello. Now, after pouring $425 million of the company’s funds into bitcoin, he is cementing his reputation among crypto investors as a pioneer in corporate America.

Saylor in an interview with Bloomberg discussed the final straw that caused MicroStrategy to change up its treasury gameplan, saying the dovish Fed’s latest inflation policy sent him barreling into bitcoin. In recent days, MicroStrategy bolstered its bitcoin allocation after revealing a $250 million allocation in August.

Now Saylor has come out swinging against bitcoin’s rival store-of-value asset, gold, telling Bloomberg that bitcoin is a safer investment than the precious metal:

“We feel pretty confident that bitcoin is less risky than holding cash, less risky than holding gold.”

##Twitter Founder May Put Significant Amount of Money into Bitcoin, Analyst Says

 

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Well-known cryptocurrency analyst Willy Woo commented on Bitcoin (BTC) and the state of the cryptocurrency market on Twitter on September 18, and suggested that Twitter CEO and co-founder Jack Dorsey may be readying himself for a big investment in Bitcoin.

Woo commented on Microstrategy CEO Michael Saylor’s interview on the Pomp Podcast, and the growing potency of Bitcoin as a store of value

Like Microstrategy, Woo sees other companies transferring some of its cash reserves into Bitcoin

He then points to Jack Dorsey and the fact that he is overseeing a cash reserve of $10 billion - hinting that it could be possible that Dorsey orchestrates a move similar to that of MicroStrategy

Dorsey is known for being a Bitcoin and cryptocurrency enthusiast, calling Bitcoin the “internet’s native currency”

Square, which Dorsey also runs, sells Bitcoin via its Cash App, and the business profits have surged in profits in the past 12 months

##Reasons Why Bitcoin Fell But Will Hold At $10,000

 

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Bitcoin and cryptocurrency markets have been volatile recently, ending an upward trend for almost every coin traded on Coinbase of Binance. After a summer wave of rising value, bitcoin prices suddenly started dropping in early September. Bitcoin, which had broken the $12,000 threshold in late August, dropped to around $10,000 once the calendar flipped to September. The why seems obvious.

The bitcoin market is braced for almost half of nearly $2 billion worth of bitcoin options to expire at the end of this week. Several analysts are predicting this could spark more volatility in the markets. The Bitcoin open interest market, essentially investors/gamblers bet on bitcoin prices, has climbed to $1.9 billion according to data from analytics provider Skew. Apparently almost half of all existing contracts are due to expire this coming Friday.

The big whales dabbling in specualtion to control the market are battling. As these options expire, investor that speculated on the price stand to gain a decent profit but some could take rather substantial losses. The bitcoin options expiry run could ignite a fresh wave of price volatility, as has previously been the case. 

The bitcoin options market really gained popularity in 2020, same as the DeFi markets. This options market found a home with Deribit, a Panama-based derivatives exchange that has handled the majority of transactions in the bitcoin options market. The good news for most investors is that Bitcoin held at the psychological $10,000 level.

"Bitcoin has resisted the bears' pressure below $10,000, saving itself from falling further towards $9,000 and below," Alex Kuptsikevich, the FxPro senior financial analyst, told Forbes, saying the market is seeing "growing interest from institutional investors after some stagnation...It is worth paying attention to the reduced volatility in bitcoin in recent days, along with cautious price growth. This is more akin to careful buying following the optimism of global markets, rather than going all-in on the prevailing optimism."

There are also many people who had feelings of regret not buying in at $10,000. They watched as Bitcoin flew to $20,000 and then held in the middle ground. Now those people have found a way to get in at the price they originally felt good about and that is a reason to feel good about buying Bitcoin now, in anticipation of the next run of profits.