In many respects, Bitcoin is the ultimate puzzle. Armchair sleuthers have expended countless hours trying to deduce the identity of its pseudonymous creator, and miners have expended countless more trying to puzzle the nonce required to solve each block and claim the 12.5 BTC reward attached. It seems logical that a new wave of puzzle […]
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The following opinion piece was written by Jonald Fyookball. So you’ve heard of Bitcoin Cash — one of the top cryptocurrencies along with BTC and Ethereum. But why does it exist? Is it a cheap copy of Bitcoin? A pump-and-dump scheme? An attempt to hijack the brand and attack Bitcoin? In my estimation, the opposite […]
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This week the team at Bitcoin.com, the internet’s premier bitcoin portal, launched its block explorer enabling cryptocurrency enthusiasts to search the bitcoin cash (BCH) and bitcoin core networks for activities like transactions, addresses, and information about particular blocks. Also read: Bitcoin Cash Games Arrives — Play Your Favorites Faster With BCH Bitcoin.com’s Web Portal Adds a […]
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On this day nine years ago, quietly, bitcoin and its blockchain network were birthed with block zero, the Genesis Block. Without government permission or wealthy backers, it has generated a quarter trillion in value. In combination with the resultant industry it spawned, comprising thousands of alternatives, cryptocurrency is a seven hundred billion dollar market. Nearly […]
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In 2014, Newsweek doxxed Dorian Nakamoto, an unassuming senior, as the creator of bitcoin. The bumbling Dorian, who claimed never to have heard of the digital currency, was besieged by journalists for days, prompting him to plot a harassment lawsuit. As introductions to bitcoin go, Dorian’s was hellish. And yet, three years on from the […]
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Bitcoin has had a phenomenal year in 2017 surpassing many expectations as the decentralized currency now commands a whopping $100B market capitalization. This Halloween marks another milestone as nine years ago today the anonymous creator of the ‘Internet of Money,’ Satoshi Nakamoto, released the Bitcoin white paper. Also Read: Bitcoin Prices Skyrocket to $7200 on Zimbabwean […]
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The Satoshi Revolution: A Revolution of Rising Expectations. Chapter 1: Listening to the Past (part 2). by Wendy McElroy How did ratification of the United States Constitution in 1788 affect private money? People assume the United States Constitution grants Congress a monopoly ‘right’ to issue money. The assumption comes from Article 1, Section 8, Clause […]
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The Satoshi Revolution: A Revolution of Rising Expectations, Chapter 1 (part 1). by Wendy McElroy Section One: The Trusted Third Party Problem Chapter One: Listening to the Past “The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, […]
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The internet is replete with people referring to bitcoin as a “bubble.” They are spreading fear, uncertainty, and doubt galore. They believe bitcoin’s high price spells impending doom, but their criticisms move beyond mere skepticism. It seems like they just hate cryptocurrency. Yet many of these pundits do not fully grasp bitcoin…or even economics. Also […]
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