The Commercial Bank of Ethiopia released a statement that bitcoin was already being used by individuals for purchasing commercial products and services. In April, it was reported that Ethiopia was suffering 36% year-over-year inflation rate. …Read the full story
On Tuesday, June 7, 2022, Cynthia Lummis, a Republican senator and rancher from Wyoming, and Kirsten Gillibrand, a Democrat senator and securities lawyer from Albany, New York, will introduce the Responsible Financial Innovation Act. “Some details remain in flux, but at a high level the senators’ plan would give the Commodity Futures Trading Commission significantly […]
Luckily for all of you, time travel has been discovered, and I can share the good news with all of you! The first half of the 21st century was beset by financial crises, war, poverty, inequality, environmental destruction and a COVID-19 pandemic, which caused international rolling lockdowns for over a decade, until the collapse of […]
On the surface this seemed to be a big change from the one major, money center U.S. Since JPMorgan is one of the shareholders of the New York Federal Reserve Bank, you really can’t blame him for “talking his book,” just like Lagarde or another famous bitcoin hater, Charlie Munger of Berkshire Hathaway. The first […]
While I think most Bitcoiners generally agree with the concept of bitcoin as digital energy, I have seen some pushback that this is not consistent with physics, is just a metaphor or is just plain false. It may exist in potential, kinetic, thermal, electrical, chemical, nuclear, or other various forms. All forms of energy are […]
While primarily viewed as a store of value, and considered by many as a fantastic savings technology, bitcoin has yet to reach mass adoption. After all, what use is money if you can’t spend it? Historically, bitcoin has been difficult to spend due to the nature of the technology, but also due to the lack […]
As the calendar neared September 2021, the money printer had slowed and individuals were beginning to tire from the toils of trading a basket of work-from-home stocks. For decades, the Maestro had conducted a seemingly beautiful orchestra, but you can only keep people and financial instruments locked up for so long. One that cannot be […]
The governor explained that the explosive growth experienced in the industry over the past five years was “a stretch of incredible growth.” These notable levels of growth, Waller explains, led to quick recognition from both the public and the government. The governor continued to say that even experienced investors will sometimes look to “socialize losses,” […]
This week on the “Bitcoin Bottom Line,” podcast, C.J. Wilson went on to share an applicable story from his childhood about how he saved up his money for a fancy bike. He replied, “The bull market in which Bitcoin took off was where my mind changed.” Wilson, after explaining his intro to the coin, explains […]
Energy money initiates a step change in how organic intelligence can operate, because the map truly represents the territory, in high fidelity. As a result, they blindly believe that we can just fit reality into a series of models or equations, and as such, engineer our way through the Great Filter without accounting for the […]
Kenya is the top producer of geothermal energy in Africa delivering over 14,000 megawatts of power with the equipment capacity of only 863 MW. Currently over 80% of KenGen’s produced power is provided from renewable energy sources like hydro and wind, in addition to geothermal usage. The publication reported KenGen stated that by offering clean […]
Regulators were tapped by President Biden’s administration earlier this year in a “whole of government” approach to understanding and regulating the broader cryptocurrency space as Biden signed an executive order. According to the report, the Energy Department, which issues many of the efficiency standards likely being discussed, did not provide comment on the matter of […]
Those with less view bitcoin as a utility providing a payment network that allows them to move money in a much more efficient and resilient way. On these platforms, Bitcoiners can begin to educate people that bitcoin isn’t too expensive — you can buy as little as $1 worth, direct people to the software that […]
The bitcoin price hasn’t had a good performance in the past few weeks, dropping as much as 20% in just 36 days since the end of its latest relief rally in late March. The red candle on the BTC/USD chart led MicroStrategy underwater as the Nasdaq-traded company saw the price dip below $30,700 – the […]
If there were ever any fears of a widespread international or United States-led crackdown on Bitcoin, those appear to be gone and the United States appears to have indicated its intent to be an international leader in the area. While the EO suggests the government is now also considering the technology’s potentially positive impact, it […]
On Thursday, March 24, Pavel Zavalny, chairman of Russia’s State Duma Committee for Energy, announced payment terms for countries looking to purchase oil and gas from Russia. sanctions were designed to impose export controls designed to hinder imports from Russia, block Russian banks from completing transactions with Western companies as well as preventing access to […]
Each year, Bitcoin continues to grow in stature. To protect their position, banking institutions have resorted to the classic tool of warfare: propaganda. From the onset, Big Finance must have realized Bitcoin could potentially disrupt the banking system. But as cryptocurrency adoption grew, especially among institutional investors, panic spread in the banking system. In 2014, […]
The largest private bank in Argentina days ago announced they would begin offering these very same products. The report also states experts are anticipating 60% inflation for the year, which is set to take a toll on the almost 40% of the population reportedly living below poverty. …Read the full story
The feat was possible thanks to new rules that became effective last month setting the directives as to how owners and real estate agents could sell properties for cryptocurrency directly. In late April, Dubai, United Arab Emirates-based luxury real estate developer DAMAC Properties said it would soon begin accepting Bitcoin payments for the sale of […]
This purchase of 37,863 BTC positions LFG almost one-third of the way through its initial plans to acquire $10 billion worth of bitcoin to strengthen the UST Forex Reserve backing the Terra ecosystem stablecoin. The initial $1 billion worth of BTC acquired by LFG was facilitated by a prominent cryptocurrency prime broker, Genesis, through an […]