Tag: eoy 2021

Jan 27 2022

How 2021 Become One Of The Most Surprising, Formative Years In Bitcoin Mining

Numerous developments made 2021 an unprecedented year in Bitcoin mining, setting the stage for a monumental 2022.2021 was a major year for Bitcoin mining. The third halving in May 2020 brought broader attention to mining at large, and the growing interest has never subsided. In 2021, favorable economics made mining profitable for almost all participants, drawing in more and more participants. The...

Jan 18 2022

What The World Learned About Bitcoin In 2021

Four lessons learned in 2021 speak to the universal truths about Bitcoin and why our world needs it.How poetically perfect that 2021 was the year that the world discovered how 21 million bitcoin are the key to the world’s future economic system. This was the year when the public finally woke up. Last year, Bitcoin entered the world’s cultural zeitgeist in a...

Jan 09 2022

Blockstream’s 2021 In Review: How Bitcoin’s Biggest Infrastructure Company Grew Last Year

The team at Bitcoin infrastructure company Blockstream reflects on its exceptional growth in 2021, which mirrored Bitcoin’s own.2021 was a tremendous year for Blockstream and the Bitcoin ecosystem in general. Thanks to our talented and dedicated team of Bitcoiners, we continue to be at the vanguard of many of the industry's most influential and cutting-edge projects.In the spirit of the new...

Jan 08 2022

Why China’s Ban Was The Best Thing For Bitcoin In 2021

The latest ban on Bitcoin activity in China generated negative headlines in 2021 but looking back, it was the best thing that could have happened last year.When China’s bitcoin crackdown came into effect, many speculated that the industry would never recover. Amazingly, though, the ban served to highlight both the resilience of the sector and the entrepreneurial spirit of the miners who...

Jan 05 2022

How The Geopolitics Of 2021 Will Shape The Year Ahead For Bitcoin

Developments around the global regulation, hash rate and adoption of Bitcoin made for a unique year in 2021. So how will 2022 play out?This past year was certainly a unique one for bitcoin. We saw the first bitcoin exchange-traded fund (ETF) get approved in the United States, the largest-ever Bitcoin conference in Miami, the much anticipated Taproot upgrade, all-time highs nearing $70,000,...

In 2021, The Voices Of Bitcoin Rose

The emergence of social audio applications like Clubhouse and Twitter Spaces in 2021 amplified new and old Bitcoin voices.2021 was the year of social audio applications. Clubhouse rose to fame and prominence on the back of the world’s COVID-19 lockdown. Folks all over the world were instructed to stay inside and away from other people. They were told to wear masks and...

Jan 04 2022

2021 Was Huge For Bitcoin As Countries And Companies Worldwide Embraced It

Jan 04 2022 Published at Bitcoin Magazine under tags  adoption business eoy 2021

This year was a turning point for Bitcoin as many doubters watched the world embrace the technology.2021 marked the twelfth year of bitcoin’s “official” existence, and after last year’s halving the year started and (mostly) continued on a bullish note as many, myself included, expected bitcoin to breach the $100,000 and set crazy new highs. That was not the case, but bitcoin...

Jan 03 2022

How Bitcoin Will Save Millennials

Jan 03 2022 Published at Bitcoin Magazine under tags  culture debt eoy 2021 millenials

The technology is a future of hope for the most indebted generation in the history of the United States.All generations have rich nostalgia for the decade of their childhood. Our coming of age is our purest time. And for the millennials, it’s probably best encapsulated by the 1990s.The 90s are milk and honey for us. We remain so fond of the...

COC#8: Bitcoin’s 2021 Review Using On-Chain And Price Related Data

A look back at 2021’s most important events and on-chain trends for bitcoin’s price action, as well as a brief look forward into 2022.Cycling On-Chain is a monthly column that uses on-chain and price-related data to better understand recent bitcoin market movements. This eighth edition provides a year in review for 2021 and then assesses what current trends look like going into...

Jan 01 2022

Contributors’ Convictions: A Bitcoin Legacy Letter

Several Bitcoin Magazine contributors describe what aspects of Bitcoin and its community drive their conviction in the technology.Why spend scarce and irreplaceable time toward building and bettering Bitcoin?What convinces us that Bitcoin is the exit strategy against the existing fiat scheme?Who benefits from a decentralized, immutably hard monetary system?...

Bitcoin And Those Who Represented Its Principles Across Time

Jan 01 2022 Published at Bitcoin Magazine under tags  culture eoy 2021 freedom history ideas

As we get one year closer to hyperbitcoinization, we should remember individuals of the past that stood for the ethos of Bitcoin.A record-setting year is coming to a close. Bitcoin is stronger than it was a year ago by many multiples. Dipping a toe into mainstream news again, the network has been reminded again of how much the establishment does not want...

Is 2022 The Year Bitcoin Proves Itself On The World Stage?

While amazing advances came this year, it may be 2022 that Bitcoin truly takes the spotlight.2021 seemed like the year cryptocurrency grew up. Bitcoin broke out of its three-year bear market in November 2020, going on a massive rally vaulting it into mainstream public consciousness.It was a great year for enthusiasts for sure. We saw Bitcoin become legal tender in El...

Dec 31 2021

What If… We’re Right About Bitcoin?

Entering 2022 with the clown world simulation shifting into ever-higher gears, it’s worth remembering why we’re here and why Bitcoin is worth fighting for. So what if we’re wrong? The real question is: What if we’re right?The Humanity-Altering Potential Of BitcoinAs we enter 2022, we should all stop and marvel at how far Bitcoin has come over the past 13 years....

Bitcoiners Don't Root For Inflation But In 2022, We’re Planning For It

The trend of fiat currency inflation in 2021 will worsen in 2022, and those holding bitcoin have planned for it.“Paper money eventually returns to its intrinsic value: zero.”–VoltaireInflation was one of the most widely-debated topics in the mainstream media throughout 2021. We’ve been fed lies throughout the year,...

Dec 29 2021

Africa’s Poised For A Bitcoin Revolution In 2022

The continent has ripe conditions for Bitcoin to become the most common way to store and preserve value.Africans stand to gain the most from Bitcoin and they are quickly realizing this fact and spreading the word. Most know that our corrupt "leaders" will not embrace the path to prosperity that El Salvador is on, due to their own self-interest. By opting out...

Dec 27 2021

How Bitcoin Will Conquer The World

Dec 27 2021 Published at Bitcoin Magazine under tags  adoption business eoy 2021

The decentralized currency has, in just a bit longer than a decade, risen to the potential of becoming the world’s system of value.On Halloween 2008, a month and a half after the Lehman Brothers’ spectacular collapse, Bitcoin started the monetary revolution we’re now seeing. Bitcoin showed that, with technology, different monetary arrangements are possible: Money doesn’t need to be controlled by a...

In An Increasingly Volatile 2021, Bitcoin Provided Peace Of Mind

Dec 27 2021 Published at Bitcoin Magazine under tags  culture eoy 2021 freedom volatility

Among global war, rampant inflation and threats to liberty, Bitcoiners found peace of mind despite an incredibly volatile 2021.The year 2021, I think, has seen its fair share of volatility the world over. We started the year off with a very interesting event at the U.S. Capitol, and a British judge blocking the...

A Bitcoiner’s Reflection On 2021: A Year Of Awareness

Dec 27 2021 Published at Bitcoin Magazine under tags  culture eoy 2021

For better or for worse, Bitcoin came front and center to public attention this year.Was 2021 a good year? Depends, as most things do, on perspective. As I sat writing the first line of this article, I asked myself this question. Now, this article might sound harsh at times, and I just ask that you stick with me. There's a method to...

Dec 26 2021

2021: A Roller-Coaster Year With Lasting Changes For Bitcoin

Dec 26 2021 Published at Bitcoin Magazine under tags  adoption eoy 2021 investing markets

The year was not without its ups and downs through major events and incredible speed of adoption.2021 has been a year of major events. We’ve experienced the ongoing global pandemic, widespread and extended lockdowns, significant supply chain disruptions, and unprecedented monetary stimulus from central banks. For cryptocurrency, 2021 saw several major breakthroughs in institutional adoption, along with price...

Bitcoin Had Its Best Year Ever In 2021

Bitcoin saw many highlights in 2021, its greatest year on record.“The sharp increase in inflation over the past year has blindsided many economists. Almost no one saw it coming.”–The Economist, November 2021For me, this headline sums up the fiat clown world of 2021. For Bitcoiners, “brrr” has summed up...

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