Bitcoin

Immortality, Cryogenics and UBI: How The Crypto Rich Influence Science

August 25th, 2019

The rise of cryptocurrency is changing the philanthropic world by causing the redistribution of wealth from old money to visionary innovators and early tech adopters. The new crypto rich invest their donations by supporting scientific research in groundbreaking fields that may one day enable humanity to cure aging, reverse death and completely change the relationship…

Doing What You Want With Your Money Is a Fundamental Right

August 24th, 2019

Since the birth of Bitcoin, crusaders fighting for the separation of money and state discovered a new payment tool that bypasses the nation state’s control over the monetary system. For over ten years now, lots of people have been using digital currencies to hide from prying eyes of governments in order to free themselves from…

The New Bitcoin Banks Are Here

August 23rd, 2019

A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements of stablecoins and exchange services from giants Binance,…

Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone

August 21st, 2019

Cryptocurrency markets fell hard on August 21 following the $700 price drop bitcoin core (BTC) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ coins has plunged to $263 billion. Crypto price movements have been following a trend of strong volatility,…

The World Bank’s Blockchain Bond Is Just a Fancy Way of Selling Debt

August 21st, 2019

Last year the World Bank and the Commonwealth Bank of Australia announced a permission Ethereum-based blockchain to facilitate the end-to-end issuance of bonds between financial partners. The Bretton Woods-created financial institution hopes to make debt capital markets far more efficient with a bank-to-bank blockchain network. At the same time, the World Bank’s bond scheme has…

High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate

August 20th, 2019

On August 19, the combined SHA-256 hashrate between the BCH and BTC networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant number of terahash. Currently, the top machine released this summer is Pangolin’s Microbt…

Bakkt Reveals Bitcoin Futures Details – Here’s How it is One-Up on CME

August 20th, 2019

The much anticipated Bakkt ‘Bitcoin [BTC] futures contracts’ is scheduled for launch on 23rd September 2019. While these are not the first regulated Bitcoin [BTC] futures contract with BitMEX and CME currently leading the space, Bakkt’s is one-up on all existing platforms. The Bakkt contracts will be margined and as mentioned before – can be…

How to Bequeath Your Digital Assets to Your Descendants

August 20th, 2019

Depending on your belief system, death is either the endgame or the next level. Whatever lies on the other side, your bitcoins are no good there. Just as we entered this world with nothing, we are destined to leave it with nothing. All those years spent stacking sats needn’t be in vain, however. New and…

As US Expands Subprime Mortgage Program, Is a New Crisis Looming?

August 19th, 2019

The Federal Housing Administration, a division of the U.S. Department of Housing and Urban Development, has recently adopted new guidelines widening the scope of condo purchases eligible for lower down payment loans insured by the government. While that could lead to more members of certain social groups buying a first home, critics fear a new…

The Most Important Aspect of Bitcoin Is the Separation of Money and State

August 19th, 2019

Many cryptocurrency supporters believe the technology allows for the separation of money and state in a manner that’s never been seen before. Governments inflict two forms of robbery against nonviolent citizens by forcing them to pay taxes while also stealing from them silently through inflation. Now there’s a wide array of digital currencies competing in…