Since this time last year, the number of wallets holding bitcoin has grown by a whopping 8 million, with this growth accounting for over 20% of all 38 million bitcoin wallets in existence. Getting into Bitcoin is one thing, but staying around long-term is a whole other ball game. Not only was the illustrious metal […]
According to a recent report from Reuters, a Turkish court has jailed six suspects as part of its investigation into local cryptocurrency exchange Thodex. Thodex and Ozer cited liquidity problems, a years-old hacking incident and the inability to transfer shares to an outside investor as reasons for the apparent exit scam. “At least 83 people […]
Bitcoin miners can be thought of as the most bullish market participants, as large capital expenditure must be made before any bitcoin is even acquired, followed by the operational expenses that come with the energy needed to mine. This purge of inefficient mining operations causes network hash rate to temporarily drop off, leaving only efficient […]
Risk is managed and mitigated by means of a system of reference portfolios , guidelines and limits. Furthermore, given that expected return is higher on shares than on bonds, this asset class helps to preserve the real value of the currency reserves.” -SNB’s 2020 annual report. With the Swiss franc strengthening over the past two […]
We’re excited to announce that we’re expanding our online store to include educational books for all ages. What about if you are looking for a gift for a friend, wife or daughter who just doesn’t understand what is so cool about Bitcoin? We even have a book for that, “Cypherpunk Women,” which covers both Bitcoin […]
Bitcoin was developed with the intent of putting financial control back in the hands of the people. According to data from UsefulTulips, Ghana and Kenya have seen a steady increase in bitcoin trading, overtaking South Africa to become the second- and third-leading cryptocurrency markets in Africa during the first quarter of 2021. Trading volume in […]
These rewards come in many forms: cash bonuses, points, air travel miles, purchase matches, product discounts, low introductory interest rates, and everything in between. Your points will expire in 1 year—hurry up and use them! We’ve revised our tiered program, and achieving “diamond” status next year will be a little bit harder, even though the […]
Bitcoin infrastructure company Blockstream has introduced the Blockstream Satellite Base Station, a receiver for the satellite it maintains to broadcast the Bitcoin blockchain from space. After it’s installed and aligned, the flat-panel antenna connects directly to the owner’s home network using Power over Ethernet , which passes electric power and data through a pair of […]
Finally, I introduce a hypothesis for how the maturation of the Bitcoin network itself will eventually extinguish its four-year cycle, and explain why this would be a good thing for the network and its users. Intended or not, the roughly four-year halving that has occurred three times in Bitcoin’s existence so far appears to have […]
This work follows the chronological order of “Beyond Order.” Each piece represents one chapter and the corresponding subtitles below match the subtitles in the original work. We’ve all suffered financial setbacks: blindly following a friend’s investment advice, unexpected financial burdens or falling prey to a ponzi scheme. But an unwillingness to explore this potential will […]
My thesis is that bitcoin will absorb all other assets’ monetary premiums, so we can’t start by measuring in terms of units that are expected to be absorbed. Once we estimate how much stored time Bitcoin might represent, then we can backport this to today’s fiat currency units. Money’s purpose is to be the item […]
Whether you’ve just started your journey down the rabbit hole or you’re already telling billionaires to “have fun staying poor,” by now, you’ve learned about the functions and characteristics of money. Why would people use bitcoin to exchange value at scale when it is serving as the best store of value right now? In the […]
The Bitcoin Optech newsletter provides readers with a top-level summary of the most important technical news happening in Bitcoin, along with resources that help them learn more. In this monthly section, we summarize a recent Bitcoin Core PR Review Club meeting, highlighting some of the important questions and answers. Introduce deploymentstatus is a PR by […]
Per the ranking, which appears to be derived from the code of an out-of-date CIA webpage and is hosted on Lopp’s personal website, M1 “is the total quantity of currency in circulation , plus demand deposits denominated in the national currency, held by non-bank financial institutions, state and local governments, nonfinancial public enterprises and the […]
As interest in bitcoin grows and more platforms roll out that make it simpler to acquire, secure and leverage, demand for compensation in BTC is on the rise as well. On April 5, when Castle Island Ventures’ Nic Carter took to Twitter to suggest a version of bitcointreasuries.org that listed the companies that offer bitcoin […]