Tag: bitcoin community

Oct 18 2021

News From El Salvador, Mid October: Bitcoin Earnings, Pet Hospital, Motorcycles

Time to check back with El Salvador. Their Bitcoin experiment is well underway, and it’s already showing results. Are these results positive or negative? You be the judge of that. We’ll just present the facts, the tweets, and the photos. Can you believe everything the people we’re quoting say? Of course not. Everyone has an agenda. However, a clear picture is emerging. And...

Jul 29 2021

“Plebs” Staked Bitcoin Throughout Downtrend. A Phenomenal Sign. Here’s Why.

The morale of the Bitcoin team seemed low over the last few months. That and a flat market didn’t stop the “plebs” from constantly “stacking sats.” The following chart shows that the Bitcoin addresses that hold between 0.1 and 1.0 BTC kept acquiring Bitcoin through this whole period. What does that mean, though? And why is it a sign of something phenomenal and...

Jul 27 2021

Selected Quotes And Seven Lessons From The “Hard Money” Mini-Documentary

Bitcoin-only director Richard James’ documentary on the recent history of inflation, “Hard Money,” uses stock images and anonymous narrators to weave the film. One of them qualifies the tweaking of the money supply as “...

Jul 15 2021

Paraguay ’s Bill To Regulate “Crypto Assets” Misses The Point Entirely

Member of Paraguay 's parliament Carlos Rejala fooled the world with his laser eyes. His supposed “Bitcoin Law” proposal doesn’t even mention Bitcoin. Rejala heard about El Salvador’s news and attached himself to it trying to steal its thunder. He then deployed a Twitter marketing campaign with big promises and ended up disappointing the whole world. Related...

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 30 2021

Bitcoin Whale Mircea Popescu Passes: What Happens To His $1B in BTC?

The legendary Mircea Popescu is allegedly dead. It’s rumored that, besides Satoshi Nakamoto, he was the only bitcoin millionaire. He started that rumor. Where are those coins and what will happen to them? The news of his death arrived via news reports from Costa Rica, his country of residence....

Jun 25 2021

Jack Dorsey Announces The B-Word: How Institutions Can Embrace Bitcoin

Yesterday, Twitter and Square CEO Jack Dorsey tweeted an announcement for The B Word. A one day summit happening next month, 7/21/21, on all things Bitcoin. The goal, destigmatize bitcoin crypto narratives to business leaders, explain the reasons for crypto adoption, and address issues in the network....

Jun 23 2021

News From El Salvador: What’s Going On At Bitcoin Beach?

It feels like a movie, a modest youth outreach program at a remote beach ended up modernizing a whole country. And probably changing the whole world. Bitcoin is already legal tender in El Salvador, but that’s just the first step. The story continues at Bitcoin Beach, where an ever-growing group of Salvadorians is facing challenges and teaching children about the marvels of this...

Jun 21 2021

Article 7: Is It Obligatory For Vendors To Receive Bitcoin In El Salvador?

Every economic agent in El Salvador must find a way to accept Bitcoin and the law comes into force in less than 90 days. Yikes! The controversial Article 7 of President Bukele’s Bitcoin law sparked analysis, a few interesting conversations, and doubt. Can they even enforce it? Is it ethical? Aren’t they coercing the population? Is it necessary? Is there something everyone’s missing?...

Jun 19 2021

El Salvador And Bitcoin: Jack Mallers Reveals The Inside Scoop

It might be the biggest story of 2021. Since El Salvador made Bitcoin legal tender, all eyes are on the Central American nation. Strike’s Jack Mallers was the person that delivered this world-shattering news. The exclusive...

Jun 18 2021

Why Is Brock Pierce Leading An “Official Delegation of Bitcoin” In El Salvador?

Something is rotten in the state of El Salvador. The first nation to declare BTC as legal tender received no other than the infamous Brock Pierce. An "Official Delegation of Bitcoin...

Jun 15 2021

Since It Adopted Bitcoin As Legal Tender, The World Is Looking At El Salvador

According to all metrics, El Salvador is all the rage right now. When the government announced that their citizens and all economic actors are legally allowed to use Bitcoin as legal tender, headlines all over the world reported on the news. But interest in the country is growing steadily since, from articles and features in all kinds of media, to Google interest and...

Jun 12 2021

Taproot Soft fork Almost Locked In. What Does This Mean For Bitcoin?

By the time you read this, Bitcoin’s Taproot soft fork will be approved. The tendency is irreversible. The technical aspects are too complicated for most people. What you actually need to know is this: the modifications will improve the Bitcoin network’s performance, bring a little more privacy, and lighten some transaction’s data requirements. It will also provide the basis for smart contract deployment....

Jun 11 2021

Controversial And Confrontational Talks From The Bitcoin 2021 Conference

This is our final dispatch from the Bitcoin 2021 Conference. We dissected talks from politicians,...

Jun 10 2021

Hey Newcomers! The Chairman Of Today’s Hottest Newsletter Teaches: Why Bitcoin?

If you’re new to the space and thinking about Bitcoin from an investor’s standpoint, this is the guide for you. The crypto world is mysterious, complicated, and seemingly dangerous. The first few steps are the hardest. For newcomers, the amount of information available might seem daunting. Fear not! Alex Liberman, of...

Two Overlooked Talks From The Bitcoin 2021 Conference In Miami

As promised, we’re also covering some of the presentations that don’t have big names associated with them. Powerful ideas about Bitcoin abound in these. In stark contrast from one another, ex-government officials star in the first one, and dangerous anarchists star in the second one. We’re exaggerating, of course. Nevertheless, the point is, the ideas they contain are not that different....

Jun 06 2021

Day TWO: Key Quotes And Ideas From Of The Bitcoin 2021 Conference In Miami

The Bitcoin 2021 conference is over. The lessons remain. This time, they turned off the livestream’s chat. An elegant solution. A wasted opportunity, the virtual community couldn’t gather around the fire. But hey… much better than watching robots pushing low-quality projects non-stop. And it was easier to focus on the presenter’s words. Still, it felt like something was amiss....

Jun 05 2021

Key Quotes And Ideas From Day One Of The Bitcoin 2021 Conference In Miami

The Bitcoin 2021 conference in Miami is well underway. First day: done. Apparently, sadly, production failed and there were thousands of people in line for hours. They missed the first few talks, but we didn’t. Eventually, they got to experience a wild happening of epic proportions full of Bitcoin- related art and activities, though. We didn’t. In general, the organizers catered to and nurtured...

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 26 2021

The “Bitcoin 2021” Conference In Miami: Big Stars And Latest Announcements

If you don’t yet have a ticket or are via Miami at the moment, we have great news for you. There will be a "Bitcoin 2021" Livestream via YouTube, here’s the first day link, and here’s...

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