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Stats Has published 2609 posts about cryptocurrency

Jan 15 2022

How I Define Bitcoin Generational Wealth

Beyond the numbers, what is “generational wealth” and how does bitcoin enable us to achieve this?Bitcoin Generational Wealth - The PreludeThis article was inspired by a fellow Bitcoiner, @chadlupkes and his constructive criticism of my first article on generational wealth. My first article focused too much...

Bitcoin: The Ignition Of A Scientific Revolution

Like the revelation that the earth revolves around the sun, the discovery of a digital, sound money system in Bitcoin is a scientific revolution.It is a rare event for humanity to experience a change in worldview. You could say that the last time such an event truly took place was at the end of the Middle Ages — with the development of...

Bitcoin Bear Markets: What, Why, When?

Bitcoin bear markets can be brutal. Don’t try to predict the next one — rather, be prepared for it!Bitcoin has had its fair share of bear markets in the past. Let’s briefly recap the most significant ones and see what we can learn from them.The 2011-2012 Bear MarketThe bitcoin price fell from $29 on June 8, 2011 to $2.10 on...

Why Proof-Of-Work Is A Superior Consensus Mechanism For Bitcoin

The proof is in the pudding when it comes to Bitcoin’s proof-of-work mechanism versus a proof-of-stake consensus mechanism debate.There have been countless arguments surrounding both the proof-of-work (PoW) and proof-of-stake (PoS) as a means of gaining consensus on a blockchain network. Many people have been asking themselves which one is better, and why? In this article, I'll go over some of the...

JoinMarket Lead Adam Gibson Sees A Bright Future For Bitcoin Mixing

Adam Gibson, aka Waxwing, is the lead maintainer for one of Bitcoin’s most prolific CoinJoin projects. And he sees a bright future for transaction privacy.In a recent interview with Adam Gibson, aka Waxwing, lead JoinMarket maintainer and expert on CoinJoining, we talked about the...

Jan 14 2022

The Roads To Hyperbitcoinization: Describing The ‘Transition Agents’ Bringing Us Financial Freedom

These bottom-up “transition agents,” from private business to the freedom ladder, will be what drives us all to hyperbitcoinization.This article is the second part in a series where we outline the views and predictions made by the Bitcoin community concerning the prospect of hyperbitcoinization. In our...

Bitcoin Is A Better Store Of Value Than Real Estate

Real estate, the traditional store of value in modern times, has many attributes that make it an inferior choice to bitcoin for a store of value.This is not an introductory article explaining what bitcoin is and why other so-called “cryptocurrencies” cannot compete with its properties and network effects. There has been enough written about this already and bitcoin is the victor. What...

Retail Investors Are Buying Bitcoin While Whales Are Selling

Jan 14 2022 Published at Bitcoin Magazine under tags  deep dive markets retail whale

On-chain analysis shows that retail buying is accelerating while whale supply is declining.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now...

San Diego State University Accepting Bitcoin Donations

The university will also hold most of its bitcoin, only allocating 1% each quarter to explore additional Bitcoin uses for SDSU.SDSU is now openly accepting bitcoin donations.In October, a bitcoin donor convinced the university to accept ongoing donations in the P2P money and hold most of it.Only 1% of the donations will be employed each quarter to explore Bitcoin opportunities...

Congress Announces Hearing On Bitcoin’s Energy Use

Jan 14 2022 Published at Bitcoin Magazine under tags  bitcoin congress energy markets news

The Bitcoin Policy Institute has recently issued a rebuttal to the letter that prompted the hearing.The U.S. Congress will hold a hearing on the energy use and environmental impact of bitcoin mining on January 20, its Energy and Commerce Oversight Subcommittee announced...

Sound Money Music Festival To Close Bitcoin 2022 Conference

The festival will feature Logic, Steve Aoki, Deadmau5, and others to close out the world’s biggest Bitcoin conference.BTC Media, the organizer of the world’s biggest Bitcoin conference, Bitcoin 2022, announced that a music festival will close out this year’s edition of the gathering, uniting Bitcoiners around prominent performers. The Sound Money Fest (SMF) will be held at the combined campus of the...

With This Month Set For Peak Inflation, How Will Bitcoin Price Move?

The U.S. CPI for December was released and this month could see peak dollar inflation. How will the bitcoin price reflect that?The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox,...

How Blockchain Commons Is Improving Individual Access To The Bitcoin Network

Standards put forth by the open-source software team at Blockchain Commons will help individuals get the most out of Bitcoin.The below is a direct excerpt of Marty's Bent Issue #1144: "Gordian principles and software standards." Sign up for the newsletter here....

How Jack Mallers’ Strike Displays The Agility Of Bitcoin

The company started in 2019 is well on its way to revolutionizing the payments and remittances world through Bitcoin.I first heard of Jack Mallers in January 2020 and when I heard what he was doing with Strike, I immediately posted the message below on Facebook:...

Jan 13 2022

Jack Dorsey’s Block Is Building A Bitcoin Mining System

The financial services company has started sketching some plans for solving the industry’s most pressing pain points.Financial services firm Block, previously known as Square, is officially engaged in creating a new, open- source bitcoin mining system, CEO Jack Dorsey announced Thursday on Twitter, referencing a more detailed thread on the...

Making The Decision To Mine Or Purchase Bitcoin

While mining is surely one of the most interesting ways to obtain bitcoin, the actual profit and benefit of doing so must be taken into account.For mining insight, others such as @Diverter and @Econoalchemist have published detailed reports on their experiences and lessons,...

Arkansas Will Pay You $10K In Bitcoin To Move There

Accepted applicants also get a new bike in the state’s Northwest region’s latest push to attract talent.Northwest Arkansas is providing remote workers with an incentive in the form of $10,000 in bitcoin and a bike to relocate to the region, its council said in a Wednesday...

Bitcoin App Strike In Argentina: Under The Hood

The Lightning payments app’s launch in the South American country was received with some confusion.The launch of the Lightning payments app Strike in Argentina generated a lot of confusion on Twitter after customers started downloading and using it to find out they didn’t get an actual Bitcoin wallet. Despite the muddiness, however, the...

With Bitcoin, Africa Is Becoming The Undisputed Leader of Financial Liberation

With a population rapidly adopting Bitcoin, Africa is dismissing classic narratives and becoming the world’s epicenter for the financial future.Africa is leading the way for global Bitcoin adoption — pioneering the first truly peer-to-peer movement on the ground. While many parts of the developed world are fixated on the speculative activity of bitcoin, people in Africa are teaching us about its true...

Solo Bitcoin Miner With Only 116 TH Takes $265K Block Reward

Jan 13 2022 Published at Bitcoin Magazine under tags  bitcoin block reward markets miner news

The individual miner is the second in two days to take the full coinbase reward for himself after adding a valid block to the Bitcoin blockchain.A solo miner with only 116 TH of hashrate capacity found a valid block on Thursday to take home a 6.25 BTC reward worth over $267,500 at the time of writing, only a couple of days after...

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