Governments must tax or ban Bitcoin to maintain deficits: Minneapolis Fed
The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could ensure its ability to run permanent budget deficits.
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Turkey works hard to make İstanbul home to global blockchain hype
The Turkish crypto and blockchain ecosystem is working hard to build during the bear market, according to local experts. 541 Total views 14 Total shares
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C++ Creator Laments C++ Use in Bitcoin Mining Operation
Bjarne Stroustrup, a Danish computer scientist and the creator of C++ programming language, has vented his frustration with use of C++ in Bitcoin (BTC) mining. Stroustrup made his remarks during an interview for Lex Friedman’s podcast released on Nov. 7.Speaking with Friedman, Stroustrup provided an extensive insight into the evolution of C++, the language’s concepts,…
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IBM Issued Patent for DLT-Supported Data Sharing and Validation
Tech giant IBM has been awarded a patent for a mobile data sharing method that uses distributed ledger technology (DLT), according to documents published by the United States Patent and Trademark Office (USPTO) on April 23.The product described in the filing represents a continuation of U.S. patent application filed in November 2017 entitled “Information Sharing…
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El Salvador buys 21 Bitcoin to celebrate Dec. 21, 2021
Buying Bitcoin is becoming a way of celebrating different occasions or playing around with meaningful figures by El Salvador. 840 Total views 20 Total shares The government of El Salvador continues celebrating significant days by buying more Bitcoin (BTC), with President Nayib Bukele announcing a new purchase of 21 BTC on Tuesday.Worth around $1,036,000 at…
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El Salvador president teases geothermal Bitcoin mining farm
El Salvador’s president showed the supposed first steps of a geothermal Bitcoin mining facility. 290 Total views 5 Total shares El Salvador’s President Nayib Bukele shared a video showing the apparent progress of the country’s Bitcoin (BTC) mining plant powered by volcanic geothermal energy.The video shows an overview of a power generation facility with technicians…
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Almost half of Germans to invest in crypto: Report
The richest country in Europe is coming round to crypto. That’s according to a report by KuCoin which shared some flattering statistics towards the future of crypto in Deutschland. Notably, 44% of Germans are “motivated to invest in cryptocurrencies to be a part of ‘the future of finance’”; while over a third, “37% of German crypto…
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Winklevoss’ Gemini buys carbon credits to cut Bitcoin’s CO2 footprint
Gemini has partnered with a nonprofit to purchase carbon permits from government-related cap-and-trade markets and erase them from circulation. 622 Total views 9 Total shares Gemini, a major cryptocurrency exchange founded by Cameron and Tyler Winklevoss, is responding to Bitcoin’s (BTC) environmental issue by purchasing carbon credits. On Thursday, the company announced its long-term initiative to incorporate…
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Nigeria’s central bank partners with fintech firm Bitt Inc for CBDC rollout
The CBN considered Bitt Inc’s experience in the development of the Eastern Caribbean Central Bank’s DCash, launched in April. Barbados-based fintech firm Bitt Inc will be working as the technical partner for the Central Bank of Nigeria for its proposed e-naira digital currency.In a Monday announcement, the Central Bank of Nigeria (CBN) said it had chosen…