Why Bitcoin Eats Altcoins For Lunch
Other cryptocurrencies have no chance at all in competing with the monstrously large Bitcoin network. Mimesis Capital: Inside The Event Horizon, Report #16 Bitcoin Versus Ethereum And Other Alts It’s been “alt season” for the past couple months. Bitcoin has remained situated around $50,000 while Dogecoin, Shiba Inu and Ethereum Continue Reading
Bitcoin Information Theory: B.I.T.
Entropy, a natural phenomenon, is closely related to money and information energy — Bitcoin as information is a reduction of entropy. When Buckminster Fuller was asked by a 12-year-old boy how he would suggest solving international problems without violence, he answered: “I always try to solve problems by some artifact, Continue Reading
DBS Private Launches Asia’s First Bank-Backed Bitcoin Trust Services
DBS Private Bank has launched a bank-backed trust to manage bitcoin for clients, the first such product in Asia. DBS Private Bank has launched the first bank-backed cryptocurrency trust in Asia, which will allow private banking clients to invest in and manage bitcoin, according to a Bloomberg report. Per the Continue Reading
BlackRock Chief Investment Officer Rick Rieder Thinks Bitcoin Is Durable
Rick Rieder, a chief investment officer for major asset manager BlackRock, recently touted many positive attributes of bitcoin. Rick Rieder, BlackRock’s chief investment officer of global fixed income and head of the global allocation team, recently made notably positive comments regarding Bitcoin during an appearance on CNBC’s “Squawk Box.” “Bitcoin Continue Reading
Argo, DMG Blockchain Join Group Promoting Bitcoin Mining Decarbonization
Bitcoin mining firms DMG Blockchain Solutions and Argo Blockchain have joined an accord promoting industry decarbonization. Bitcoin mining companies Argo Blockchain and DMG Blockchain Solutions have partnered with the Crypto Climate Accord (CCA) to promote industry decarbonization. Per a press release, in conjunction with CAA, both firms are developing a Continue Reading
Argentina Authorities Require Bitcoin Exchanges To Provide Transaction Data
Government authorities in Argentina are requiring cryptocurrency exchanges in the country to provide monthly data on users and transactions. Despite various anti-free market policies discouraging bitcoin use in Argentina, adoption has continued to accelerate in the capital control-stricken country. In the government’s most recent move, the Federal Administration of Public Continue Reading
Bitcoin Miner Greenidge Generation Commits To Being Carbon Neutral By 2021
Greenidge Generation has announced it will offset all greenhouse gas emissions from its bitcoin mining operations by June 2021. According to a press release sent to Bitcoin Magazine, Greenidge Generation Holdings’ bitcoin mining operations facility in Upstate New York will be entirely carbon neutral by June 1, 2021. “Greenidge will Continue Reading
Colonial Pipeline Pays 75 Bitcoin Ransom To Hackers
Major U.S. oil pipeline system Colonial Pipeline paid a requested 75 bitcoin ransom to hackers who took control of its data last week. Colonial Pipeline has paid 75 BTC (around $5 million at the time of writing) to recover data stolen in a ransomware attack committed by hacker group DarkSide, Continue Reading
Bitcoin, Hierarchy And Territory
The first chapter of Jordan Peterson’s “12 Rules For Life” relates to Bitcoin socially, evolutionarily, economically and psychologically. 12 Rules For Life Series, Essay One This article was previously published on Medium. Foreword I’ve been an avid reader and student of philosophy, psychology and other related topics since my Continue Reading
Bitcoin, And A Limitless Existence
The limitations of the physical world and the limitless experience of information is combined in Bitcoin. Limitations Of The Physical World If you were to ask a stranger, “What are the properties of a physical object?” They would likely say it can be touched, it has volume and mass, and Continue Reading
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