Tag: the lightning network

Sep 30 2021

Fortune Publishes their Most Disgusting Bitcoin Article Yet. Here’s Why.

Just when you thought Fortune couldn’t sink any lower in their Bitcoin slander, the publication tries to relate a neutral technology to “the alt- right” and “white supremacists.” Is this what journalism has devolved into? Unfortunately, in the case of Fortune,...

Aug 21 2021

Watch Jack Mallers Send “Free, Instant, Non-Reversible” $10 To Nigeria

We might be witnessing “monetary history,” as Jack Mallers claims. The Strike CEO connected with African app Bitnob and sent $10 to Nigeria. Since Bitnob is connected to the Nigerian banking system, the money was instantly available in Naria (NGN.) It’s worth noting that Strike and Bitnob have no commercial relationship, their apps are...

Aug 07 2021

CNBC Is As Clueless About El Salvador’s Bitcoin Law As Most Mainstream Media

This analysis of the Bitcoin Law will not age well. In a recent episode of CNBC’s “Beyond The Valley” podcast, they tried to cover the risks inherent in El Salvador’s decision to make Bitcoin legal tender and failed miserably. This is a technology-focused specialized podcast. Could they be this clueless? Or did they have an agenda and tried to muddy the waters with...

Aug 04 2021

BTC + The Lightning Network ’s Energy Consumption Vs. The World, A Comparison

Let’s admit it, the narrative around Bitcoin’s energy consumption really hurt the movement for a while there. The Lightning Network fixes this. Was the narrative warranted? Absolutely not. However, we still need to address it. And the Lightning Network proves to be a powerful tool to do so. As the miners leave China in search of cheap energy, and Bitcoin Beach in El...

Aug 03 2021

Lightning Network 101: How And Why It Works

It’s all about the Lightning Network in Bitcoin land. This decentralized micropayments system unlocked Bitcoin’s scalability problem and unleashed the possibility of hyperbitcoinization into the world. Not only that, since this Layer 2 solution was created with the Bitcoin ethos in mind, it offers similar security guarantees. It all runs over the Bitcoin blockchain, even though it only touches it for final settlement....

Jul 09 2021

What Happened Inside Max Kaiser ’s “F**k Elon” Party?

The infamous Max Keiser is in it for the long haul. Love it or hate him, the man puts in the work. Arguably the original bitcoiner in mainstream media, the North American broadcaster with a show in RT is still raising hell wherever he goes. And this time, he’s got Elon Musk in his sights. Was the party Keiser hosted a celebration of...

Jul 01 2021

Visit El Salvador’s Bitcoin Beach Through VICE’s Mini-Documentary

It’s all about El Zonte. A beach town that took part in an economic experiment, became Bitcoin Beach and changed its country. Also, if everything goes right, it will change the world. For the best. As Bitcoinist reported, “...

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...

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