Tag: bitcoin politics

Nov 05 2022

From The BPI To Treasury: Bitcoin Is A Strategic Asset for National Security

The BPI took on the U.S. Department of Treasury’s challenge. Treasury requested public comment on digital assets' national security implications, and the Bitcoin Policy Institute answered with a bomb of a document. It explains the overall value of bitcoin as a tool for freedom. It compares bitcoin to classic US-funded initiatives like Radio Free Europe and the Tor network. It touches the heartstrings...

Oct 14 2022

River Financial Is Powering The Chivo Wallet’s Lightning Transactions. Why?

Wait a minute, is River Financial involved in El Salvador’s bitcoin story? Since when? Apparently, the highly respected financial institution is now processing the Chivo Wallet’s Lightning transactions. Which seems like a step in the right direction, but also comes with seemingly unnecessary counterparty risk. Why isn’t El Salvador handling the operation internally? And, will River Financial improve the Chivo Wallet’s usability?...

Oct 04 2022

9 Years After Ross Ulbricht’s Arrest & Silk Road’s Closing, How’s Bitcoin Doing?

The story of Silk Road and its creator Ross Ulbricht are inextricably linked to bitcoin’s history. In February 2011, the dark web black market was one of the first web stores to go bitcoin-only, providing an undeniable use case for the bitcoin network as a payment rail. On the other hand, the Silk Road stained bitcoin by linking it to drugs and other...

Sep 13 2022

Chamber Of Digital Commerce Calls Out The SEC, Argues The US Needs A Bitcoin ETF

The Chamber of Digital Commerce goes to bat for a spot bitcoin ETF in The US. Plus, it goes for Chairman Gensler’s throat. The organization doesn’t mince words in the report titled “The Crypto Conundrum. Why Won’t the SEC Approve a Bitcoin ETF?.” The Chamber of Digital Commerce argues that all of the standards that the SEC demanded have been met,...

Aug 30 2022

News From El Salvador, Late August: Preparing for Bitcoin Day’s 1st Anniversary

It’s hard to believe Bitcoin Day was only a year ago. Let’s go back to El Salvador in anticipation of that faithful day’s celebrations, you'll find that the country is booming with activity. This compilation of news has it all; from tourism to mining, from conferences to meetups. For a while there, the war with the gangs monopolized El Salvador-related headlines, but with...

Jul 26 2022

Alternative Media Attacks Bitcoin: A Response To “Bitcoin Cannot Free Palestine”

It’s obvious that bitcoin can’t free Palestine, let’s begin there. The bitcoin network just offers better money, not a miracle cure. It offers a decentralized currency that can’t be debased by any government, no more, no less. The author of “Bitcoin Cannot Free Palestine...

Jul 13 2022

3 Lessons From The Oslo Freedom Forum: Oppression & CBDCs – Booth, Song, Mezinskis

It’s time to talk monetary oppression at The Oslo Freedom Forum. Bitcoin heavyweights Jeff Booth and Jimmy Song make an appearance and, surprisingly, don’t even mention the asset. Bitcoin is ever present in spirit, though. Because it fixes all of the situations they’re mentioning. The other big topic of today’s selection is CBDCs. Are they ready for prime time? The answer might surprise...

The FED Measures Inflation In Bitcoin Terms, Tries To Fool The General Public

The tables have turned. The FED concedes defeat and acknowledges bitcoin. Of course, they twist both numbers and words to try to make it seem like the dollar is the better money, but we all know what’s going on. A quote wrongly attributed to Gandhi describes the situation: “First they ignore you, then they laugh at you, then they fight you, then you...

Jul 08 2022

The New York Times’ Latest Attack On El Salvador And BTC Won’t Age Well, Pt. 2

It’s time for The New York Times’ worst lies about El Salvador. Also, for the newspaper’s counterpoint, in which they admittedly and commendably reflect favorable points of view. As we said in the previous article, “It’s important to remember that we’re less than a...

Jun 30 2022

3 Lessons From The Oslo Freedom Forum: Why BTC? Nabourema, Likhachevskiy, Diop

The Oslo Freedom Forum offers another way to measure the bitcoin network’s worth. Price action is fine, but, what about real-life impact? The event is not about bitcoin per se. However, The Human Rights Foundation’s Chief Strategy Officer, Alex Gladstein, put together a series of one-minute clips that summarize exactly how deep bitcoin’s existence changes everything. Let’s read what...

Jun 18 2022

14 Members Of The US Congress School EPA On Bitcoin Mining And Green Energy

The Environmental Protection Agency or EPA keeps receiving mail. This time, 14 members of Congress provided the counterpoint and singled out the environmental benefits of bitcoin mining. They also made a point about how crucial this industry is, and the damage the USA would inflict on itself by banning it. Plus, they schooled the EPA on the amount of renewable source- based energy already...

Jun 03 2022

Bukele: If BTC Succeeds In ELSL, “It’ll Be One Of History’s Biggest Game-Changers”

The second Nayib Bukele interview by What Bitcoin Did comes with as many quotables as the first one. This one was recorded days after the Bitcoin Law went into effect in El Salvador, so the information might feel a little dated. Especially if you’ve been following Bitcoinist’s coverage of the ELSL story...

May 27 2022

Let’s Dissect McCormack’s “Follow The Money #1” Documentary, Pt. 3- Bukele

The spotlight is on Bukele for the final part of Peter McCormack’s documentary. Here’s the first part. Here’s the second one...

May 24 2022

Let’s Dissect The “Follow The Money #1” Documentary, Pt. 1- Salvadoran Confusion

In “Follow The Money,” the What Bitcoin Did team goes deep. The podcast is already a part of the El Salvador story, with its host Peter McCormack being the first to interview President Bukele after the Bitcoin Law’s announcement. In this new documentary,...

May 21 2022

It Was Not A Bitcoin Event. Then, Why Were The Central Bankers In El Salvador?

The week started with central bankers and financial authorities from 44 countries arriving in El Salvador. The mainstream media ignored it completely. The IMF started sweating. President Bukele started meme-ing. Everybody assumed they were there to learn about...

May 05 2022

Ricardo Salinas’ Bitcoin Masterclass, Part 1: Fiat Fraud – w/ Keiser & Herbert

By now, Mexican billionaire Ricardo Salinas is a bitcoin staple. His keynote at the Bitcoin 2022 conference was the talk of the town, and the fact that...

Apr 23 2022

The New China: Is New York Actually Going To Ban Proof-Of-Work Mining?

The state of New York is about to shoot itself in the foot yet again. First, the infamous BitLicense drew all cryptocurrency companies away and now they’re considering banning Proof-Of-Work mining. Or at least making it very hard for mining facilities and home miners to operate from the state. The New York State Assembly will soon vote on a bill that will “create...

Apr 11 2022

The Shanghai Tragedy Reminds Us Why China Banned Bitcoin

Disclaimer: The following op-ed represents the views of the author, and may not necessarily reflect the views of Bitcoinist. Bitcoinist is an advocate of creative and financial freedom alike. While countries under regimes are waking up to the idea of using Bitcoin as a tool for freedom, authoritarian governments that have banned all crypto activity show the true reason why they need to...

Mar 30 2022

The Bitcoin Community Reacts To Greenpeace And Ripple’s Latest Attack

With the “Change The Code” campaign, Greenpeace and Ripple rubbed the bitcoin community the wrong way. The reactions kept coming throughout the day. Bitcoiners saw through the campaign’s literal intention and interpreted it as an attack on the protocol. And they weren’t quiet about it. In fact, they wouldn’t shut up. Related Reading |...

Mar 23 2022

Wholeheartedly Agreeing With The Telegraph’s Latest Attack On BTC In El Salvador

The Telegraph’s latest hatchet job on El Salvador’s bitcoin strategy is right on the money. In a hilarious twist of events, mainstream media’s latest attack on the volcano bonds makes the case for bitcoin in all its glory. Everything that the article “The...

Know a good blog/source that is not listed? Contact us or fill the form below to add one: