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Elon Musk Says He’s Not Selling Bitcoin Amid High Inflation

Elon Musk Says He’s Not Selling Bitcoin Amid High Inflation

In a recent tweet ,Elon Musk, Technoking of Tesla, attempted to both question the likelihood of continued inflation over the next couple of years, and soothe concerns of his followers looking for advice as it relates to dealing with inflation by stating “I still own & won’t sell my Bitcoin.” “What are your thoughts about probable inflation rate over next few years?” Musk asked his followers. With an inflation rate of 7.9% reported for the month of February 2022, this represents the highest levels of inflation since January, 1982. “Energy remained the biggest contributor (25.6% vs 27%...

Mar 14
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Strike Launches Pay Me In Bitcoin Feature To Allow Income Conversion Into Bitcoin

Strike Launches Pay Me In Bitcoin Feature To Allow Income Conversion Into Bitcoin

“Today, anyone with a Strike account, no matter their employer, can get paid in bitcoin,” founder Jack Mallers said. Strike users can now enable direct deposit to their account and configure any amount of the incoming money to be instantly converted into bitcoin with no fees. “Pay Me In Bitcoin” allows users to seamlessly convert a portion of their income into BTC using their account and routing numbers. The feature enables easy access to sound money for all those eligible for a Strike account, regardless of their employers. Lightning Network payments platform Strike has announced its...

Oct 14
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Two Years Later, Stimulus Check Investment Proves Value Of Bitcoin Mining

Two Years Later, Stimulus Check Investment Proves Value Of Bitcoin Mining

The two-year anniversary of the first of three coronavirus economic impact payments (aka, stimulus “stimmy” checks) deposited in U.S. taxpayers’ bank accounts , and headlines about monetary inflation, possible economic recession and generally grim financial tailwinds . The ethos of Bitcoin stands diametrically opposed to the perceived reckless spending and money printing that characterized the past two years, specifically with Bitcoin miners tasked with issuing new units of bitcoin at predetermined, unmalleable intervals. So, at this point, perhaps it’s appropriate to look back on the...

Apr 14
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U.S Treasury Sanctions Russian Bitcoin Miners

U.S Treasury Sanctions Russian Bitcoin Miners

The United States Treasury Department released a today announcing new sanctions aimed at bitcoin mining in Russia for their ongoing war in Ukraine, as they are the third-largest bitcoin miner in the world to the University of Cambridge. The Treasury department stated that reliance on fiat payments and the importation of computer equipment makes Russia vulnerable to sanctions if the U.S focuses on hindering the companies providing those services. Since government entities cannot stop the actual process of mining bitcoin, the U.S Treasury decided to utilize other attack vectors that weaken...

Apr 20
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Pierre Poilievre Wants To Bring Bitcoin Adoption to Canada

Pierre Poilievre Wants To Bring Bitcoin Adoption to Canada

In a first for Canada, Conservative Party leadership candidate Pierre Poilievre is campaigning to bring Bitcoin adoption to Canadians as a way to give people control and autonomy over their own finances. To large crowds, unprecedented for a party leadership campaign, the long-time member of parliament and Conservative finance critic said, “We need to give people the freedom to choose other money. If the government is going to abuse our cash, we should have the right to opt to use other, higher-quality cash.” As Canadian elites watch nervously, Canadian politics is changing daily, almost...

May 2
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The Future Looks Bright For Bitcoin

The Future Looks Bright For Bitcoin

It was an honor to take part in this year’s Conference in Miami. The inspiring conversations that took place at the convention center are what fuels the work we do. The discussions that really spoke to me were those centered around education and global Bitcoin adoption. I emphasized this point during the panel on “:” Everything we do has to be focused on global adoption and it’s imperative that we shift our focus to build products for real people and products that have real use cases. Several panels during the conference echoed this same sentiment. A few of my favorite moments:There is a...

May 3
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Bitcoin Is Venice: The Merchant Strikes Back

Bitcoin Is Venice: The Merchant Strikes Back

May 5, 2022This article is part of a series of adapted excerpts from “Bitcoin Is Venice” by Allen Farrington and Sacha Meyers, ..“No intelligent student of modern events can possibly have overlooked the vast change which the last fifty years has wrought on the enhancement of the influence of finance as a social factor overshadowing all other contemporaneous forces, with the exception of religion and love. Contemplating the ceaseless and irresistible advance of the financial power, and the simultaneous weakening of those authorities which base their claims on political predominance,...

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May 3
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Currency Of Last Resort

Currency Of Last Resort

“Do you hear that?” Gleb Naumenko stopped talking and allowed me to hear the air raid sirens going off behind him in the Ukrainian night, deep in the west of the country, near the border with Romania. “I’m supposed to go to a shelter,” he said, “but I’m too lazy.” We had been talking over video chat for hours about his escape from Kyiv, and his Bitcoin-powered humanitarian work inside Ukraine when the electronic wail pierced the silence behind him. “Just last week,” he said, “I was staying with some friends in the nearby countryside. A Russian hypersonic missile blew up several buildings...

May 4
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A Modest Bitcoin Improvement Proposal, Proposal

A Modest Bitcoin Improvement Proposal, Proposal

Decentralized consensus isn’t easy. There’s a reason most companies have CEOs, and “non-hierarchical” organizations tend not to function well for long. Bitcoin’s decentralized governance is harder still: On top of decentralization, we layer a relative lack of official processes, standards and norms for group decision-making — we even lack clarity around when to make a decision at all. Jeremy Rubin’s recent proposal of a for Bitcoin improvement proposal (BIP)119 (OP_CTV) has brought these issues to the fore, illustrating just how difficult and amorphous the Bitcoin decision-making process...

May 3
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EU Parliament Backtracks Ban On Bitcoin’s Proof-Of-Work

EU Parliament Backtracks Ban On Bitcoin’s Proof-Of-Work

The European Union (EU) has dropped its plans to impose a de-facto ban on bitcoin mining and related activities that could allegedly hurt the region’s efforts to promote sustainable technologies, according to multiple reports. The proposed de-facto ban on the Proof-of-Work (PoW) consensus mechanism was part of a major draft bill in the EU, the Markets in Crypto Assets (MiCA) legislation, introduced in 2020 to tighten regulation around Bitcoin and cryptocurrency by establishing a more detailed and streamlined regulatory framework across the continent. “It seems that reason and common sense...

Mar 14
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Shawn Amick

Shawn Amick

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Namcios

Namcios

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Ray Youssef

Ray Youssef

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Jesse Willms

Jesse Willms

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Alex Gladstein

Alex Gladstein

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Marty Bent

Marty Bent

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Allen Farrington

Allen Farrington

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Sacha Meyers

Sacha Meyers

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Sasha Klein

Sasha Klein

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Zack Voell

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