Tag: Bitcoin Magazine

banks could hold BTC in custody to facilitate client trading, use it as collateral for loans, or even hold them on their balance sheets. In May, Fed vice chair of supervision Randal Quarles said the three agencies were working together on a “sprint” on cryptocurrency regulation. banks to hold BTC in their balance sheets, a […]

government is hosting Fall for Cryptocurrency, an online bitcoin auction event, between October 26 and 28, 2021. U.S. Bitcoin auctioned by GSA is usually sold at a discounted price. The argument can be made that privacy is the actual tradeoff. Some people may still find it attractive and worthy to hand over their personally-identifiable information […]

It is estimated that if things continue as they are now, in the years’ time, those who live under democratic principles and the rule of law, will comprise merely 26% of the global population, as for now India remains democratic. These significant numbers are very much a result of major countries that have abandoned democracy […]

Bitcoin could become the world’s reserve currency if more people lose trust in the government, said Senator Rand Paul, who accepted BTC donations in its 2016 campaign. The survey found that overall trust in the federal government to handle international problems sits at a record-low 39%, whereas confidence in the judicial branch is at 54%, […]

With inflation in some of the world’s biggest economies on a rise, economies struggling to overcome the burden caused by the COVID-19 pandemic and the continuing noise from the money-printers in central banks across the world, bitcoin is poised to break out even more than it has this week. As the market prepared for the […]

The below is an excerpt from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. At the time of writing, Bitcoin is expected to have a -20.8% difficulty adjustment, with 651 blocks to go. As covered in previous Daily Dives, hash rate has declined at a historic rate following the mining bans […]

HIVE, which first went public in 2017 on the Toronto Stock Exchange , said in the announcement that it “will retain its listing on the TSX Venture Exchange.” With the firm’s new listing on the Nasdaq, however, investors in the U.S. In the announcement, HIVE described itself as a “growth-oriented company in an emergent industry” […]

I believe that the Founding Fathers of the United States inscribed the idea that liberty is inherent to life in the Declaration of Independence. The mere existence of the idea now facilitated a reality in which liberty was to be demanded. Each individual reclaims their inherent right to liberty, as expressed in the Declaration of […]

As discussed in previous episodes, Taproot is a Bitcoin protocol upgrade that will make smart contracts more compact, private and flexible. Provoost also explained how upcoming Bitcoin Core releases will handle the Taproot upgrade, and what the Bitcoin Core wallet software will and will not enable, while also touching on potential use cases enabled by […]

If you find that you have a new interest in cryptography as a hobby, there are many people who create cryptographic algorithms for fun, and their community can be helpful for your journey. I promise that you only need some basic algebra for this, as well as a simple understanding of exponential functions. Cryptography has […]

Historically, in the year following each halving, the bitcoin price shoots up exponentially due to an increase in demand and decrease in supply in the market. But there is a new type of demand in the market, one that weighs far heavier than the original demand by retail investors who have been buying for the […]

Bitcoin carnivorism is an interesting cross section of traditionality with modern technology. At the core of the industry and network’s ethos is the idea that without verifying for oneself the nature of reality, nothing is guaranteed. Previous sound money, gold specifically, was thought to be the greatest immutable commodity in the world. Saifedean Ammous’ “How […]

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. This week’s newsletter celebrates the lock-in of the taproot soft fork, describes a draft BIP for improving transaction privacy by varying the fields used to implement anti fee […]

The live announcement at Bitcoin 2021, the law being passed by a super-majority of the Legislative Assembly of El Salvador a few days later, and that same night the President was asked if El Salvador is considering mining on Twitter spaces. In 2017 I remember seeing predictions that corporations would slowly get involved after the […]

There have also been talks of setting up mining operations in the country and allowing investors with 3 BTC or more to take up El Salvadoran residency, prompting other Central American countries to signal interest in following their lead. All in less than a week, whereas something similar would take years in other countries wrapped […]