Central African Republic Launches Legal Framework For Economic Use Of Bitcoin

Finance Minister Herve Ndoba reportedly stated lawmakers have adopted proposals including the creation of a regulatory body to maintain oversight of cryptocurrencies. The report explains the Central African Republic holds gold and diamond reserves, yet remains one of the poorest countries in the world. This statistic represents a little over 557,000 internet users and a […]

Fort Worth, Texas Set To Vote On A Bitcoin Mining Bill Tomorrow

The three bitcoin miners being donated are valued at $2,100 each and will be given to the City Council completely free for a six-month pilot period. Lee Bratcher, President of the Texas Blockchain Council said “Governor Abott understands that over regulation and increased taxation can cripple a growing economy. Governor Abbot has been a vocal […]

How Bitcoin Protects Private Property Rights

We’re going to continue our conversation of Bitcoin’s role in humanitarianism, this time in the realm of private property rights. The government has to protect your property from theft by other private individuals, and the government itself cannot take your property without due cause and/or just compensation. And in a society where people are disincentivized […]

Bitcoin Beach Spawns A Fast-Growing Offshoot In Costa Rica — Bitcoin Jungle

Dvoracek, a 71-year-old Czech national who sells artisan bread with his Venezuelan wife at local food markets, said he is now doing around 25% of his sales through the new Bitcoin Jungle wallet. “It’s been amazing,” said Dvoracek, who lived in Venezuela for 20 years. The evolution of Bitcoin Jungle in this region means that […]

The Politicization Of Hash Rate Is An Attack Vector On Bitcoin Miners

Any Americans who have their miners hosted at Bitriver or own any significant amount of equity in the company must stop interacting with Bitriver immediately, highlighting the risk one takes when they don’t control their infrastructure and host their miners in areas that are subject to increased political risk. It was proven to be politically […]