Tech Brew Ride Home Mon. 06/21 – Can Facebook Win Audio?
Jun 21, 2021
Facebook has launched live audio rooms, stepping into the world of audio broadcasting to rival Clubhouse. Meanwhile, China's major crackdown on Bitcoin mining could reshape the crypto landscape. In Texas, power companies have begun adjusting users' smart thermostats remotely, hinting at a future of controlled smart homes. Also discussed are exciting innovations like wearable tech from Wristcam and the fascinating development of cyclic propulsion aircraft for future aviation.
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Facebook's Audio Play
- Facebook launched Live Audio Rooms, a Clubhouse/Twitter Spaces competitor.
- It offers features like live captions, a raise-hand tool, and star sending for listener support.
China's Bitcoin Crackdown
- China's crackdown on Bitcoin mining has intensified, with 90% of capacity shut down.
- Sichuan province, known for hydropower, joined the ban, impacting miners and crypto markets.
Bitcoin's Future
- Countries exploring stablecoins and digital currencies pose a challenge to Bitcoin's adoption.
- Government-backed cryptos could offer better privacy and control, potentially making Bitcoin less appealing.