Can Bitcoin Change Wi-Fi For the Better?
It's certainly not unusual in the bitcoin and blockchain industry to see several companies coalesce around a new use case for the technology. However, what may be novel about the sudden focus on Wi-Fi is the size and ubiquity of the consumer pain point. To date, startups such as the Boost VC-backed BitMesh and Wi-Fi services provider WIFI Metropolis are both developing concepts around the idea. The consensus? The popularity yet inaccessibility of Wi-Fi networks offers a compelling use case for bitcoin today, one that is more promising when compared to the costs consumers currently bear for....
Related News
PRESS RELEASE. Eugene, Oregon April 15th, 2022: If there was ever a universal truth to which we could all agree, it would be change. An unequivocal reality of the cosmos, change is constant. Despite emotions, thoughts, or actions, change is an unstoppable force for which there is no immovable object. As creatures of comfort and habit, we often go out of our way to avoid or ignore changes, negative and beneficial.
The world’s financial systems are no exception to this universal law. Technological improvements have progressed the digitization of currency, moving us closer....
One does not simply change Bitcoin’s code, as the Change The Code campaign ridiculously requests.
According to the head of the Nigerian group of bureau de change operators, the naira’s continued fall on the parallel market is down to the activities of speculators. However, Aminu Gwadabe, the president of the Association of Bureau de Change Operators of Nigeria (ABCON), suggests that only a “massive funding” of bureau de change (BDC) operators by the central bank will protect the naira from speculators. Speculators to Lose Over $200 Million To achieve this objective, however, the Central Bank of Nigeria (CBN) will have to continue selling “dollars to BDC....
The Boost VC-backed Bitcoin startup Lawnmower tracks purchases on a user's account, rounds them up to the nearest dollar to create spare change, and uses the change to purchase bitcoin on behalf of the user. The bitcoin purchased by Lawnmower will be deposited to a Bitcoin wallet of a user's choice. The minimum threshold for bitcoin deposit currently stands at $4, meaning that the accumulated spare change of the transactions must be at least $4 before bitcoins can be purchased by Lawnmower. For example, if a user buys a cup of coffee and a bagel at a local coffee shop worth $7.10, then 90....
Bitcoin exchanges play a vital role in promoting the cryptocurrency by facilitating its use. Most bitcoin users perform their transactions through an exchange. However, bitcoin is not yet mainstream. So far, only a narrow segment of the population, mainly innovators, technology enthusiasts, and visionaries, have adopted bitcoin. Expanding the number of....