Cash is not the enemy of bitcoin
This week in the newsroom, the question came up as to why couldn't Facebook launch a distributed, secure network and run currency and exchanges over it. It already has the user base. What's to stop them? This is almost certainly going through the minds of leaders at other large technology companies. Apple users are petitioning the company to allow digital wallet apps on the iPhone. Yet so far, the company has said no. Why? Perhaps there is a chance that it will launch its own currency. Other big retailers already have. Earlier this week, we outlined the reasons that large retailers are....
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U.S. persons and entities must comply with the Treasury's sanctions or face possible criminal consequences. According to Twitter user @0xdev0, on Monday, Web3 development platform Alchemy and Infura.io blocked remote procedure call (RPC) requests to cryptocurrency mixer Tornado Cash, preventing users from accessing the applications. The day prior, the U.S. Treasury placed 44 smart contract addresses linked to Tornado Cash in the Specially Designated Nationals and Blocked Persons (SDN) list. U.S. persons and entities are prohibited from blockchain or business interactions with Tornado Cash....
For quite some time now, bitcoin cash users have been leveraging the web portal read.cash in order to write blog posts, connect with like-minded individuals, and earn bitcoin cash for providing popular content. Now the creators of read.cash have introduced another application called noise.cash, which is similar to the parent platform, but allows people to make noise using much shorter messages. Microblogging and Bitcoin Cash Tipping Bitcoin cash (BCH) supporters have been recently introduced to a new platform created by the read.cash creators. News.Bitcoin.com has reported on the....
As a new administration is sworn in, how will one if its most important officials – nominated Treasury Secretary Janet Yellen – impact the digital assets space?
Bitcoin is a freedom currency in a manner that isn’t obvious and which is virtually undiscussed. Bitcoin is commonly linked to victimless crime, but the dynamic reaches far deeper than merely freeing individuals to buy goods and services, unsavory or not. Victimless crime is the lifeblood of the surveillance state without which big government could not....
In an effort to encourage Israelis away from using cash and towards paying digitally, Israel recently enacted a new regulation limiting the use of cash on August 1st. Starting in 2019, an Israeli company’s cash transaction limit was 11,000 NIS ($3,200) per client. With this restriction on using cash transactions with clients, Israel continues its […]