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A New Bitcoin World

Bankers Continue to Sound the Bitcoin Alarm

From JP Morgan and DBS to Iran and Portugal, Bankers Continue to Sound the Bitcoin AlarmOf late, bankers public and private have increased their criticisms of bitcoin and cryptocurrencies, especially as valuation all time highs appear to have no quick end in sight. From destabilization to fraud and money laundering, legacy banking is doing everything in its rhetorical power to sway opinion.   Also read: Five Countries Where Bitcoin is Illegal World’s […]

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November 19, 2017 0

Survey Says Bitcoin Holders Won’t Sell Until Well Over $100K

Survey Says Bitcoin Holders Won't Sell Until Well Over $100KThree surveys in as many months of residents in the United States, encompassing more than 2,500 people, reveal growing interest in bitcoin and cryptocurrencies. The latest survey introduces eye-popping specifics regarding general belief in bitcoin’s power and a hodl strategy that’s nearly unimaginable.   Also read: Survey Respondents Say Bitcoin to Reach $10,000 Lendedu Survey Results Urge […]

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November 17, 2017 0

Five Countries Where Bitcoin is Illegal

Five Countries Where Bitcoin is IllegalTo those who understand it, bitcoin is a blessing, but not everyone shares that sentiment. From scaremongering CEOs to entrenched central bankers, bitcoin’s list of detractors runs long and deep. Elected officials reserve particular ire for bitcoin however, with leaders across the globe weighing in. While most governments seek regulation, others have gone further, passing […]

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November 17, 2017 0

Bitcoin as an Unstoppable Force: Hyperbitcoinization Theory and Practice

Bitcoin as an Unstoppable Force: Hyperbitcoinization Theory and PracticeOne of the earliest references to hyperbitcoinization (H-theory) derives from the Satoshi Nakamoto Institute. It describes a world waiting for bitcoin in the borderless, peer-to-peer sense. Especially true for emerging economies prone to inflation, hyperbitcoinization is an adoption theory with radical implications. Until recently, it was only a theory.   Also read: Bitcoin Hits $13,500 in Zimbabwe […]

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November 16, 2017 0

Confidential Transactions Could Add Anonymity to Bitcoin and Litecoin

Confidential Transactions Could Add Anonymity to Bitcoin and LitecoinPrivacy coins have rocketed this year, fueled by the increasing ease with which bitcoin transactions can be de-anonymized and traced to real world identities. Zcash, which was a $10 coin in January, peaked at $376 in June, while monero started the year at $12 before reaching $136 in August. Now, testing of Confidential Transactions (CT) […]

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November 16, 2017 0

Are 2017’s Network Attacks ”Real” or Are Bitcoiners Growing Paranoid?

Over the past year or so there’s been a lot of discussion concerning ‘attacks’ on the Bitcoin network. Across forums and social media, the subjective valuations from bitcoin proponents of what an ‘attack’ on the network really is has become an extremely contentious topic. Also read: Japanese City Attracts Cryptocurrency Miners with Abundant Renewable Energy The […]

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November 14, 2017 0

Bitcoin Cash Network Completes a Successful Hard Fork

Bitcoin Cash Network Completes a Successful Hard ForkAt approximately 4 pm EDT at block height 504031, the Bitcoin Cash (BCH) network successfully hard forked. The fork is a change to the decentralized currency’s consensus rules and aims to upgrade the network’s Difficulty Adjustment Algorithm (DAA). Also read: Bitcoin.com Wallet Celebrates 500,000 Downloads in Three Months The Bitcoin Cash Network Has Successfully Hard Forked […]

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November 13, 2017 0

Bitcoin Gold’s Confusing Mainnet Launch Has a Rough Start

Bitcoin Gold's Confusing Mainnet Launch Has a Rough StartOn November 12, the Bitcoin Gold network went live at 4 pm EDT according to the team’s blog page and Slack channel. The controversial project currently has a full node client, but public mining didn’t start until private miners reached block height 499407. Also read: Swedish Pirate Rick Falkvinge Brings Humor and Profundity to Bitcoin Cash […]

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November 13, 2017 0

Japan Teaches Western Governments a Lesson in Cryptocurrency Regulation

Japan Teaches Western Governments a Lesson in Cryptocurrency RegulationBitcoin is a phenomenon that provokes conflicting emotions in people. Fear. Excitement. Elation. Doubt. For governments tasked with regulating every new thing that comes along, be it the motor car or the internet, bitcoin presents a conundrum. How to regulate such a seemingly unregulatable creation? While many western governments have reached for the button marked […]

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November 13, 2017 0

Why Aren’t There More Women in Bitcoin?

Why Aren’t There More Women In Bitcoin?Take a look around the crypto community, both in meatspace and online, and it would be fair to say that the majority of participants are male. This is borne out in a recent survey of 2,000 Americans which shed light on the makeup of the bitcoin space, highlighting a stark gender divide. In fact Google […]

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November 13, 2017 0