Bitcoin is unique in that it is far more decentralized than the majority of web services we employ today. But is Bitcoin immune to government regulation? Bitcoin was designed to be a highly secure and decentralized system, but it is vital to remember that its most fundamental components are people,
Cristobal Pereira of the Latam Blockchain Summit announced that one of Panama’s largest banks, Towerbank, has become Bitcoin-Friendly.
The Russian tax office suggested in April that legal businesses in the country be allowed to receive Bitcoin and other cryptocurrencies as payment in international trade transactions. Now there’s further attention on it as Russia is actively discussing the use of cryptocurrency in international trade.
Ocean Thermal Energy Conversion (OTEC), a 150-year-old proposal hindered by economies of scale, converts the world’s oceans into a massive renewable solar battery. This is how Bitcoin can unlock the energy of the ocean for 1 billion people.
According to latest research, the United States has overtaken China as the largest Bitcoin mining hub.
$1.2 billion in Bitcoin was liquidated during last week’s crypto crash. It was not simply Bitcoin, clearly. The collapse of Terra amounted to a degree of market contagion, which hurt crypto markets in general.
Detractors have been attacking Bitcoin for requiring meme-stock speculators to function, but now that the speculators have left, the doubters are blaming Bitcoin for the speculators’ absence. But here’s why the falling Bitcoin price doesn’t really matter.
Bitcoin’s popularity grows year after year. By every criteria — financial value, adoption rates, transaction volume, you name it — Bitcoin is becoming popular. Fearing its capacity to upset the financial system, banks are trying to discredit Bitcoin and cryptourrency.
As the Terra stablecoin becomes depegged from the U.S. dollar, the biggest buyer of bitcoin in recent months could become its biggest forced seller.