Tag: bitcoin businesses

Jul 14 2021

By The Numbers: How Much Is Tesla ‘s Bitcoin Worth Now?

It’s time for another edition of “By The Numbers.” This time, we’ll use a pseudonymous analyst’s numbers to find out if Tesla is in the red when it comes to their Bitcoin holdings. The caveat here is, if bitcoin’s price loses the $30K level, could Tesla’s board pressure Elon Musk into selling? And if they do, would that cause another series of red...

Jul 07 2021

Is New York’s Seneca Lake Too Hot Because Of Bitcoin Mining? We Beg To Differ

Legacy media is back at it. They had to concoct a rival story to counteract the Bitcoin Mining Council’s latest report. And they ran with the apparent rising temperatures of...

Jul 03 2021

News From El Salvador, Early July: Bukele, El Zonte, And The ATM Factory

The Bitcoin train is moving fast in El Salvador. The law that makes it legal tender goes into effect in September, but the first Bitcoin company is already up and running. Also, a member of the US government and Reuters have President Bukele in their minds. Plus, concrete improvements in El Zonte, the land of Bitcoin and the Lightning Network. Related Reading |...

Jun 26 2021

Volcano Mining And President Bukele ’s Bitcoin Insights

As El Salvador prepares for the Bitcoin law to come into force, Bitcoinist keeps analyzing President Bukele ’s words. And he keeps using the right ones, “The Bitcoin system is so perfect, that I think it’s going to be the future. It’s the present, but it’s going to get bigger in the future.” That was one of the reasons that inspired...

Jun 04 2021

Small And Medium Businesses Can Have Bitcoin In Their Balance Sheets. A Story.

Institutional adoption is not exclusively for big corporations. In fact, small and medium businesses would benefit tremendously from a Bitcoin strategy. Following Senator Cynthia Lummis, who’s scheduled to talk at the Bitcoin 2021 conference this weekend, we stumbled upon the story of Tahinis Restaurants. A chain of four restaurants in Ontario, Canada, that’s on the verge of becoming a franchise. And they’re all...

May 22 2021

The Real Estate Transaction Turned Rollercoaster By Dogecoin And Elon Musk

Elon Musk strikes again! Via Yahoo! Money we receive the story of Kyle Seyboth, a Rhode Island realtor. He accepted 160,000 DOGE,...

May 20 2021

Hopium: Four Experts Give You Reasons To Smile Despite The Crypto Bloodbath

Morale is low. Fear is overflowing. What to do? What to do? Turn to the crypto experts and listen to their sweet words of hope, of course. Following a message from our sponsors, check out this antidote for the FUD flowing in the air. 1.- Cathy Wood Sees Capitulation The Ark Invest’s CEO and all-around crypto expert said Bitcoin is...

May 15 2021

Crypto Exchange Binance Under Investigation by Department of Justice and IRS

Crypto exchange giant Binance is allegedly under investigation by the U.S. Internal Revenue Service (IRS), as well as the Department of Justice (DOJ) for money laundering and tax evasion. BREAKING: Binance, the world's biggest crypto exchange, is under investigation by the Justice Department and IRS...

May 14 2021

Michael Saylor Breaks It Down: The PoW Architecture Is A Masterpiece Of Engineering

What a week! The cryptosphere is buzzing. Did a single tweet from Elon Musk tanked Bitcoin’s price? Or did weak hands surrender their coins to strong hands at a discount?...

May 06 2021

Latin America’s Biggest Online Marketplace, MercadoLibre, Disclosed Bitcoin Holdings

On a financial results report dated May 5th, e-commerce giant MercadoLibre dropped the bomb. The company is the latest institution to add Bitcoin to its balance sheet. It follows...

Apr 29 2021

Bitcoin, Common Currency in This Caribbean Luxury Community

The island of Bequia is located in the Grenadines. According to One Bequia’s website, it’s “Known to be the best kept secret getaway of world leaders & celebrities.” And, in that community, sooner than later, you’ll be able to pay for most things in Bitcoin. You’ll even be able to buy property in the 39 luxury villas that they’re building....

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