Tag: hyperbitcoinization

With digitized money and a deflationary economy, Bitcoin will usher in second order effects that will reshape the nature of societies. The post The Second Order Effects Of Bitcoin: Digitization, Decentralization And Deflation appeared first on Bitcoin Magazine.

2020 was unforgettable, especially for Bitcoin. To help memorialize this year for our readers, we asked our network of contributors to reflect on Bitcoin’s price action, technological development, community growth and more in 2020, and to reflect on what all of this might mean for 2021. These writers responded with a collection of thoughtful and thought-provoking articles. Click here...

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Imagine what life would be like if there were no electricity or communications networks available. How many days of food do you have at your house? How much cash do you have on hand? Can you go out to try to buy up what’s left at the stores that still have their doors open? What else would you be worried about? What would...

New Zealand’s Māori haven’t held economic sovereignty in the past or today. But does Bitcoin offer a chance to change the future? The post New Zealand’s Past, Pūtea and Future: CBDC Vs. Bitcoin appeared first on Bitcoin Magazine.

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“Overcome by the giddiness that flying lent him, Icarus soared into the sky, but in the process, he came too close to the sun, which due to the heat melted the wax.”— The Legend Of Icarus...

Bitcoin is the perfect money in that it embodies all of the properties and functions of money — as a store of value (SoV), medium of exchange (MoE) and unit of account (UoA) — and does so in a way that any person or participant, from anywhere in the world can: Save without having their wealth invisibly stolenSpend without some big-brother-type institution...

And the inescapable ravage of modern seigniorage…...

Since 2012, the Bitcoin Association of Hong Kong has been one of the strongest local communities focused on Bitcoin, boasting a current membership of over 5,000 people. During the month of September, the organization will be using donations to buy advertising space that feature informative statements highlighting “the risks and merits of Bitcoin”. ...

Hal Finney is remembered as one of the early pioneers of Bitcoin, a peer-to- peer electronic cash system, and an advocate for widespread use of cryptography to help enhance people's privacy. Finney was one of the biggest defenders and supporters of Bitcoin from its earliest days. He rose...

In the midst of massive quantitative easing, a global pandemic and uncertainty for the future of the U.S. dollar, a whopping 21,454 BTC was just swiped off the market by intelligence and mobile software company MicroStrategy. Bitcoin Twitter picked up on the news yesterday when Matt Walsh and Nic Carter shared...

In May, billionaire hedge fund manager Paul Tudor Jones of Tudor Investment Corp. announced in a letter to investors that his fund is buying bitcoin futures as a hedge against “The Great Monetary Inflation.” In his letter, he argued that the $3.9 trillion (6.6 percent of global GDP) printed by central banks since February has the potential...