Introduction Bitcoin-only exchanges are platforms where people can buy or sell bitcoin using fiat currencies or stablecoins. You can refer to our guide on “How To Buy Bitcoin” for further information on joining an exchange. Still, you usually need to sign up with some basic personal data and transfer fiat or cryptocurrency to the platform … Read more
BlockFi has filed for chapter 11 bankruptcy, according to a press release. The lending platform is the latest victim of contagion within the industry that originated with the collapse of the cryptocurrency exchange FTX. According to the filing, BlockFi has over 100,000 estimated creditors and an estimated $1-10 billion in liabilities. The filing confirms that … Read more
This is an opinion editorial by Anita Posch, the founder of Bitcoin For Fairness who has traveled extensively around the world to learn how the globally unbanked can benefit from sovereign money. In 2022, European politicians formed an initiative with the goal of banning proof-of-work mining because of its high electricity consumption. The underlying goal … Read more
This is an opinion editorial by Don McAllister, a technologist who has made several video tutorials on Bitcoin. At its inception, bitcoin was worthless; it had no monetary value. Early adopters could mine hundreds, if not thousands of bitcoin on simple laptops. As such, there was no need to enumerate it in other units than … Read more
This is an opinion editorial by Sydney Bright, a professional science writer on the topic of health benefits from mindfulness-based practices. Where is technology taking us? Will robots surpass our intelligence and replace us altogether? Will we combine with machines in some symbiotic merge that creates a new super being? Or are machines merely tools … Read more
This is an opinion editorial by Kent Halliburton, President and COO of Sazmining. Though the intention of the Bitcoin white paper was to usher in a financial revolution by introducing the first effective peer-to-peer electronic cash system, we’re now seeing the inception of Bitcoin’s second revolution: Energy. Bitcoin miners serve as energy buyers of last … Read more
This is an opinion editorial by Stanislav Kozlovski, a software engineer and macroeconomic researcher. Many Bitcoiners have heard of Bitcoin’s “lack of scalability” — it is one of the most common critiques waged against the project by both gluttonous cryptocurrency competitors and incumbent establishment actors. Some oldtimers may remember the heated, bathed-in-controversy Blocksize Wars of … Read more
This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to the Finance Corps. I wrote earlier this year about how FTX rescuing other companies was not altruism, but rather good for business. I had no idea how essential … Read more
The below is a direct excerpt of Marty’s Bent Issue #1283: “Trusted third parties are security holes.” Sign up for the newsletter here. The contagion event that has dragged on for the better part of 2022 seems to be materially affecting Genesis Trading and its parent company, Digital Currency Group (DCG). It has become apparent … Read more
El Salvador’s Minister of the Economy Maria Luisa Hayem Brevé submitted a digital assets issuance bill to the country’s legislative assembly, paving the way for the launch of its bitcoin-backed “volcano” bonds. First announced one year ago today, the pioneering initiative seeks to attract capital and investors to El Salvador. It was revealed at the … Read more