Bitcoin, the world’s eighth-largest asset, needs an Emoji
On March 13, Nexo launched the "Bitcoin Deserves an Emoji" initiative, and more than 20 crypto institutions such as BTC Inc, Bitget, Brink, Chainalysis, Hacken, and Nansen joined the initiative.
The initiative unites the global cryptocurrency community to add a Bitcoin emoji to digital keyboards and emphasizes that in today's society, cryptocurrency is not only a currency, but also a symbol of technology and culture.
The initiative was driven by the community, starting with a 50-day petition on Change.org and followed by a formal proposal to the Unicode Consortium in 2024. The initiative to add Bitcoin emojis was rejected in 2020.
The initiative is also supported by several well-known projects, including Nexo, Brink, Bitget, Chainalysis, Polygon, Brave, BTC Inc, Hacken, CryptoQuant, Nansen, Unstoppable Domains, Liquidity, Mara, Busha, Zulu, Bware Labs, Meta4 Capital, Sift , MarketAcross, Bitcompare, Bithomp, Milkroad, Crypto Oasis, Cadenza, etc. Together they are dedicated to celebrating and advocating for Bitcoin’s inclusion in the digital lexicon through the universal language of emojis.
New highs, halving imminent, Bitcoin’s milestones
Over the past week, Bitcoin has surpassed its November 2021 all-time high three times: on Tuesday, Friday, and over the weekend, it topped $69,100, $69,200, and $70,000, respectively. Following Bitcoin's price break above $71,000, Bitcoin's market capitalization has jumped to $1.398 trillion, surpassing silver ($1.379 trillion) to become the eighth largest asset in the world.
At the same time, according to BTC.com, the current block height is less than 40 days away from the Bitcoin halving time. Since halving occurs every 210,000 blocks, the next Bitcoin halving is expected to occur in When the block height reaches 840,000 in April 2024, the block reward will drop from 6.25 Bitcoins to 3.125 Bitcoins.
At such an important milestone moment, Bitcoin Emoji can express a lot as a cultural symbol.
Emoji first originated in Japan in the 1990s. After the popularity of Internet communication technology, it became a basic element of communication among social friends. According to Unicode, 92% of global internet users use emojis in digital communications.
From this perspective, Bitcoin Emoji is more like a transmission of power and culture similar to Meme. Going back to the concept of Meme proposed by Richard Dawkins in "The Selfish Gene", we can understand how Bitcoin Emoji has become an information unit that is deeply embedded in culture through communication between people. People's hearts. The power of emoji lies in its ability to quickly touch people’s emotions and become a resonance. Just like MEME, it is passed from person to person and forms a cultural tacit understanding.
Source: Change petition progress
As of writing time, the "Bitcoin Deserves an Emoji" petition on the Change website has 5,255 signatures and is gradually spreading in various online communities such as Reddit and X. It is expected to reach 50,000 signatures soon.
This article is reprinted with permission from: "Rhythm Blockbeats"
Original author: Rhythm Xiaogong, Rhythm Blockbeats