Cartoon: Bitcoin Baby

August 20, 2019
The Last Cryptocurency
Bitcoin Magazine Feed
Bitcoin Magazine Feed

Some commentators have dismissed Bitcoin as a joke compared to blockchain technology, but Bitcoin is proving to be more resilient as a decentralized and truly novel approach to financial services.

Most blockchain implementations in the financial service industry deliver cost efficiencies, but are still permission-based, which makes them similar to other centralized technologies. However, by using Bitcoin as a base layer, new digital cash systems can be built without the risks of regulation or shutdown, delivering true independence.

The post Cartoon: Bitcoin Baby appeared first on Bitcoin Magazine.

Independent investment firm Invesco, which currently operates 233 ETFs in the U.S., quietly applied for a Bitcoin ETF on Thursday.Independent investment firm Invesco, which currently operates 233 ETFs in the U.S., quietly applied for a Bitcoin ETF on Thursday. The filing for a Bitcoin Strategy ETF falls under the 40 Act, a notable move that…

Hoskinson: Satoshi Did “An Amazing Thing”…But There Are Lessons to Learn

Charles Hoskinson is best known today as a co-founder of both Ethereum and IOHK, where he leads the research, design and development of Cardano. But before these projects, there was Bitcoin. Back in 2013, he was the founding chairman of the Bitcoin Foundation’s education committee and established the Cryptocurrency Research Group. In an interview with…

After An ETF, You Just Need To Orange Pill Financial Advisors

I wanted to write some thoughts about Bitcoin as it relates to the financial advisor industry because I think it’s a highly overlooked relationship that not many have touched on. Between the wealth management industry, financial advisors and family offices, trillions of dollars of capital is controlled. As of 2023 here are some estimates:Family offices

One Year After The 2020 Halving, Bitcoin Price Has Gained 533%

The most recent Bitcoin mining subsidy halving took place one year ago today, and its price has risen dramatically since.The most recent Bitcoin mining subsidy halving occurred officially one year ago today, on May 11, 2020. In recognition of the event, let’s take a look back at what has transpired in the Bitcoin market over…

How 2021 Became One Of The Most Surprising, Formative Years In Bitcoin Mining

Numerous developments made 2021 an unprecedented year in Bitcoin mining, setting the stage for a monumental 2022.2021 was a major year for Bitcoin mining. The third halving in May 2020 brought broader attention to mining at large, and the growing interest has never subsided. In 2021, favorable economics made mining profitable for almost all participants,…

Bitcoin Core Dev Luke Dashjr Doesn’t Want His Name On Ordinal Projects

The developer has taken to Nostr to explain why any NFT project using his name does not have his authorization.Prolific Bitcoin Core developer Luke Dashjr has publicly declared his disavowment of any Ordinal project associated with his name. In a post on the decentralized social media platform Nostr, Dashjr clarified his involvement in the projects, saying…

Mainstream Media Bias Is Bad, But Will Only Get Worse From This Point On

I logged back on to social media after a week offline in the countryside, only to see my timeline filled with news of an assassination attempt on Trump. My first thought, after noting my impeccable timing, was: “Let me see how CNN frames this.” And lo and behold: The first thing they wrote was that

Readers React To Drivechain Incentive Concerns

Shinobi’s Strawman is a weekly series where our Technical Editor Shinobi challenges the Bitcoin community, aiming to stir up conversation around heated technical debates._________________________________________________________________Here is part two of the experiment. Last week I published a short prompt challenging readers to respond with their own defense or criticism of drivechains. The purpose of this was to

Bitcoin crosses $50K For The First Time Since El Salvador Adoption

The Bitcoin price crossed $50,000 on Tuesday morning, almost one month after El Salvador adopted it as legal tender.The Bitcoin price crossed $50,000 on Tuesday morning, almost one month after El Salvador adopted it as legal tender. On 7 September the price dropped around $5,000 from $52.5k to about $47.5k. In the intervening weeks the…

Share this: