Bitcoin Magazine
The 2036 Issue: What Choices Will You Make On The Way To A Multipolar World?
From The 2036 Issue: How will Bitcoin fare as the world shifts into a state of increasing multipolarity? By Lyn Alden
This post The 2036 Issue: What Choices Will You Make On The Way To A Multipolar World? first appeared on Bitcoin Magazine and is written by Lyn Alden.
After dropping below $26,000 per unit, the price of bitcoin, the leading digital asset by market capitalization, is still up 9.6% since last week. However, its price has decreased by 6.5% in the last 24 hours. Out of the 7,316 companies, crypto assets, precious metals, and exchange-traded funds worth more than $82 trillion in value, […]
For quite some time now, Venezuela has been suffering from a political crisis and a collapsing economy. Venezuelans dealing with rampant inflation continue to see their purchasing power decline. After witnessing one of the worst economic disasters in modern history, 4 million citizens have emigrated to seek a better form of money, shelter, and to […]
The post Venezuelans Fighting Economic Hardship Discover Crypto’s True Potential appeared first on Bitcoin News.
Venezuela’s economic crisis is impossible to ignore. President Nicolás Maduro’s attempt to withdraw $1.2 billion of the country’s own gold from the Bank of England (BoE) has been rejected. The notion of a sovereign state being denied access to its own wealth is a concept that’s hard for bitcoiners to countenance. One thing is certain: the case […]
The post Bank’s Refusal to Release $1.2B of Venezuelan Gold Strengthens the Case for Bitcoin appeared first on Bitcoin News.
Macro trends suggest that a global economic crisis could be looming. Worries about a global recession have been fed by the newly published GDP report showing that China grew at its slowest rate last year since 1990. If a global recession were to happen in the future, many believe that cryptocurrencies, bitcoin primarily, would benefit. […]
The post Why a Global Recession Would Be Good for Bitcoin appeared first on Bitcoin News.
In a recent interview, former Central Intelligence Agency (CIA) employee and National Security Agency (NSA) subcontractor turned whistleblower, Edward Snowden, argued that the price and value of bitcoin is an expression of the “large population” that believes in its “usefulness” as a means of exchange. Also Read: UK Regulators Plan “Comprehensive Response” to Illicit Crypto Use […]
The post Snowden: “Large Population” Believes in Bitcoin as Means of Exchange appeared first on Bitcoin News.
Venezuela’s president Nicolas Maduro has made several claims regarding his country’s digital currency this week. He announced the launch of the petro as a national currency on Monday, reportedly claiming that it is already “present in the world’s six topmost international exchange houses.” A new whitepaper has also been published showing that the petro is […]
The post Venezuela Makes Petro Crypto a National Currency, Publishes New Whitepaper appeared first on Bitcoin News.
With the exponential growth in bitcoin’s price this year and ‘blockchain technology’ becoming the hottest buzzword in the business world it is not surprising that investors are betting on everything crypto-related. The allure of capitalizing on this attraction is so strong, now even regular mining operators are jumping in – and even succeeding in rebranding […]
The post Gold Mining Company’s Shares Jump 1,300% After Switch to Bitcoin appeared first on Bitcoin News.
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