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America’s youth has long been in a bad relationship with banks. Their predatory, self-serving practices have left a bad taste in the mouths of many young consumers, who have historically acclimated and resigned themselves to the system as they aged. Millennials have been accused of killing almost every industry, from golf to napkins, but now […]
The post A Millennial and Crypto Love Story: How This Generation Is Ghosting Banks appeared first on Bitcoin News.
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Decentralization is a core principle of blockchain-based technology. It’s the most important and unique property of the many cryptocurrencies that have launched since the birth of Bitcoin. Decentralization facilitates a move away from centralized control and differentiates crypto from government-backed fiat currencies. It is the crucible of security and privacy. So why, if this concept is […]
The post The Crucible of Privacy: Why Decentralized Exchange Is the Only Way appeared first on Bitcoin News.
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For governments, cryptocurrency is becoming too mainstream to ignore and too chaotic to neglect. Across the world, government agencies are targeting crypto investors not only with taxes but mandatory registration and full disclosure rules. This new wave of regulation poses a contradiction in that some of cryptocurrency’s strongest traits have always been privacy and autonomy. […]
The post Cryptocurrency Independence Under Threat As Regulation Encroaches appeared first on Bitcoin News.
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Venezuela’s economic crisis is impossible to ignore. President Nicolás Maduro’s attempt to withdraw $1.2 billion of the country’s own gold from the Bank of England (BoE) has been rejected. The notion of a sovereign state being denied access to its own wealth is a concept that’s hard for bitcoiners to countenance. One thing is certain: the case […]
The post Bank’s Refusal to Release $1.2B of Venezuelan Gold Strengthens the Case for Bitcoin appeared first on Bitcoin News.
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AI specialist Dr. Rand Hindi conducted a presentation on cypherpunk history and data privacy in St. Moritz, Switzerland, at the Crypto Finance conference. At the beginning of the talk, he asked the audience to unlock their smartphones and pass them to their neighbors. The audience responded with a gasp. Someone in the crowd even vocalized […]
The post The Cypherpunk Dream: Protecting Data and Dismantling the Dossier Society appeared first on Bitcoin News.
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For bitcoin idealists, the coming utopia for global finance stars bitcoin dismantling the fiat hegemony, empowering citizens to own their money without central bank mediation, and facilitating borderless trade. Credited to Satoshi Nakamoto Institute co-founder Daniel Krawisz, hyperbitcoinization is a term which describes bitcoin coming to dominate the global currency basket through mass adoption. Also […]
The post Governmental Overreach in Developing Nations Will Hasten Hyperbitcoinization appeared first on Bitcoin News.
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Another mainstream media outlet has published a piece warning of the dangers Bitcoin poses to the environment. We’ve heard these overly simplistic arguments countless times before. But even if one was to accept that Bitcoin’s energy consumption is substantial, the figure still pales in significance to traditional financial institutions, whose carbon footprint is colossal. Also […]
The post Blame Banks for Damaging the Environment – Not Bitcoin appeared first on Bitcoin News.
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In the past week or so, a number of publications, including cryptocurrency websites, but also “reputable” mainstream outlets, have given stage to a “Kremlin economist” with a bold prediction – Russia will invest billions in bitcoin to tackle U.S. sanctions, possibly triggering a new bull run as early as next month. The claim was quoted […]
The post Clickbait Media Uses Bitcoin and Russia to Pump Headlines Again appeared first on Bitcoin News.
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What can you buy with a virtual pocketful of satoshis? Why, anything and everything. Whatever goods or services you can purchase with BTC or BCH you can purchase with their smaller units of account – the satoshi, or ‘sat’ for short. With 100 million of them to every bitcoin, satoshis are as divisible as they […]
The post It’s Time We Began Pricing Things in Satoshis appeared first on Bitcoin News.
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This piece on censorship resistance was written by Jonas Sevel Karlberg. Karlberg advises several prominent projects and is a co-founder of the Nordic Blockchain Association. He is also the founder and CEO of Amazix. *** Governments have attempted to control ideas and information for nearly as long as the internet has existed, but the old social […]
The post Deploying Censorship-Resistance to Uphold Decentralization appeared first on Bitcoin News.
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