Bitcoin Rises Above $40,000 In Currency Market [Read Full Details]

Teaming up with both Cityzens Giving and Xylem, the club’s water technology partner, City have collaborated with PUMA to further their cause, producing a new shirt using a Dope Dye manufacturing process which reduces water consumption during the creation.

The new shirt features water droplets throughout the design, while all crests and logos are made using iridescent colors, resembling the effect of light breaking through water.

Combining a white base with a color scheme described as Ocean Depths (a combination of blue, teal and green), the shirt is a refreshingly simple production, with the main standout being those iridescent colors on the chest.

City hope to increase the global access to water one in three people worldwide do not have regular clean water available to them and the ambition is to reach over 10,000 young people in three continents, focusing on Manchester, Sao Paulo, Buenos Aires and Mumbai.

“We are proud to be able to use the Club’s away kit to raise awareness of water issues around the world, creating a platform to provide much needed support for communities in need,” director of City Football Foundation Tom Pitchon told the club’s official website.

“Empowering our global network of Young Leaders to use football as a platform to tackle social issues in their communities is at the heart of what Cityzens Giving does and the work we are embarking on with our partners PUMA and Xylem will help to enhance the lives of thousands of people around the world.

“Our playing kit is an expression of what our Club stands for and we are delighted that this season’s kit will be used to highlight the vital issue of clean water access.”

The currency came into use in 2009 when its implementation was released as open-source software. Bitcoins are created as a reward for a process known as mining.

They can be exchanged for other currencies, products, and services, but the real-world value of the coins is extremely volatile. Research produced by the University of Cambridge estimated that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.

Users choose to participate in the digital currency for a number of reasons: ideologies such as commitment to anarchism, decentralization, and libertarian-ism, convenience, using the currency as an investment, and pseudonymity of transactions.

Increased use has led to a desire among governments for regulation in order to tax, facilitate legal use in trade, and for other reasons (such as investigations for money laundering and price manipulation).

Bitcoin has been criticised for its use in illegal transactions, a large amount of electricity (and thus carbon footprint) used by mining, price volatility, and thefts from exchanges. Some economists and commentators have characterised it as a speculative bubble at various times. Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.

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