The report states that typical retailer setups enabling companies like Gucci to accept cryptocurrencies usually consist of the retailer automatically converting the cryptocurrency into fiat. …Read the full story
Early in the report, Bloomberg Intelligence notes institutional involvement and declining volatility in bitcoin versus traditional risk assets seems to show a clear divergence in favor of bitcoin, allowing investors to separate from the common pitfalls of traditional assets. The report further illustrates bitcoin’s divergence as a standard risk-asset by comparing it to the year-to-date numbers to […]
There are reportedly 100,000 Cubans currently using cryptocurrencies which is largely thanks to the introduction of mobile internet access that was only provided three years ago. The philosophy Rodriguez is likely referring to is the idea that money should be sovereign, meaning that it should belong to those who have earned it, and also that […]
Reportedly, the loan facilitated by Goldman Sachs was its first lending facility backed by bitcoin. While bitcoin-back loans are not entirely new, they are still very notable as it relates to traditional finance firms, such as Goldman Sachs. At that time, the bank initiated a non-deliverable bitcoin option, which is a derivative of bitcoin that […]
“Mr. Poilievre has been highly critical of the Bank of Canada, accusing it of acting as an ATM for the federal government during the COVID-19 pandemic through the central bank’s government bond-buying program, also known as quantitative easing . He has also mocked the institution for incorrect inflation forecasts over the past two years, and […]
Financial education is entirely omitted in classrooms, students are not furnished with the necessary faculties to effectively contend with the realities of existence and this is not solely limited to financial education either. Indeed, many are aware that the opposite is typically the case: teenagers are encouraged to take on colossal amounts of debt to […]
Tesla also stated its intentions to accept bitcoin as a means of payment for goods and services in the future in the Q1 2021 filing. The SEC filing referencing the aforementioned sale netted Tesla a gain of $128 million. On October 14, 2021 it was reported that Tesla was up over $1 billion on its […]
Listen to various Bitcoin critics for long enough and you’ll inevitably hear the argument that Bitcoin can’t possibly succeed because it doesn’t have any intrinsic value. Gold bugs love to point out that unlike bitcoin, gold is used in all sorts of industries such as electronics, jewelry and dentistry. Do these assets still have value? […]
Jameson Lopp, one of the earliest developers in Bitcoin says, “Nobody understands bitcoin, and that’s okay.” Truer words were never spoken. I’m confident that, with each passing block and each passing year, all eight billion souls on this planet will gain a greater understanding of Bitcoin. In the interest of adding further clarification, we can […]
Recently on an episode of the “Orange Pill Addicts” podcast, I was talking to a financial advisor and asked the question, “What did the role of a financial planner look like pre-1971?” Using the history of markets, legislation and financial advising, here I examine how over the last 100 years, governments caused monetary disorder while […]
The Tambopata River received some fame in ecotourism circles when the clay-licking macaws were featured on the cover of the January 1994 National Geographic issue. Walking through the streets of Puerto Maldonado, you’ll see streets with that frontier feel … and you’ll find lots of gold buyers and associated businesses. This town of less than […]
Blocktank’s API allows businesses to integrate, automate and monetize aspects of their Lightning nodes, including purchasing, configuring and gathering data on their channels. Then, the user is prompted to pay with bitcoin on-chain or on Lightning, after which they can claim the channel with LNURL or by manually providing their node information. Hubs get special […]
A story of looking into the proverbial and physical mirror, acknowledging that reality is not what was desired and accepting the responsibility and accountability that is necessary to produce a life that an individual is proud to find themselves in. I have added anecdotal information that was also provided via phone interview, as well as […]
The implications of this are tremendous and profound, a world where the nature, function and form of the technologies that shape our lives are born not of states and companies, but of humans cooperating directly with other humans. This leads to a world where the majority are unable to shape or influence the tools and […]
The arrangement, made popular over the past few years in the Bitcoin industry by newer companies, enables a bitcoin holder to obtain fiat money like U.S. The Wall Street giant lent cash collateralized by bitcoin owned by the borrower for the first time, a spokeswoman for the bank told Bloomberg. Bitcoin investors have commonly leveraged […]
The Bitcoin network now performs an average of 223.20 exahashes per second , according to data from Coin Metrics, as computers race to win the bitcoin mining lottery and submit the next valid block. In May, the country banned regulated financial services providers from offering Bitcoin-related services, including registration, trading, clearing and settlement, as a […]
Moreover, the goal is to incentivize foreign companies to open offices in the Central American country as well as to foster local entrepreneurship in the cryptocurrency services business. …Read the full story
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. As Bitcoin’s education, adoption and monetization carries on, fundamentals and network growth will be the more important driver of price appreciation. On the other hand, March 2020 gave us an interesting example of how bitcoin may perform […]
This may not seem like anything other than a marketing stunt, but I think this is a very important signal that the city of Fort Worth is sending to cities and small towns across the United States; bitcoin is something you should be taking seriously and bitcoin mining is something you should consider. Bitcoin provides […]
After the first phase is completed and the initial 400 MW expansion is operational, the site will be expandable by another 600 MW totalling 1000 MW thanks to a 346 kV Navarro switch located 1,250 feet from the facility. Priority Power Inc will be providing services to Riot through their on-going strategic partnership such as […]