Big Macs in Caracas, Prawns in Lagos are Cheaper for Bitcoiners
Travel much? Bitcoinist discovered that using Bitcoin instead of local currency gives you more Big Macs for your bits, particularly in places like Venezuela and Nigeria. Attn: Travelers & Digital Nomads. It’s common knowledge that buying Bitcoin might make a great investment. It can also save you money when you use it to buy products at Amazon via Purse.io. Less well known is that using Bitcoin can slash your travel costs as well particularly in places like Venezuela and Nigeria. Both these countries have capital controls on their economies and black markets for hard currency,....
Related News
How many Big Macs does 1 Bitcoin buy, and why is this important? Measured in Big Macs, Bitcoin’s (BTC) purchasing power is approaching its highest level since the 2017 bull market, offering yet another indicator of the digital currency’s rapid appreciation.The global Bitcoin purchasing power index, or PPI, which measures how many McDonald’s Big Mac hamburgers you can buy with 1 BTC, rose 0.2% to 6,341.26 on Wednesday. Put differently, on average globally, a whole Bitcoin can buy you 6,341.26 Big Macs. In the United States, based on current prices for both, you can get 3,274.91 Big Macs for....
The organizers of Art X Lagos, a West Africa art exhibition, recently kickstarted a non-fungible token (NFT) art fair that features the works of African artists drawn from more than six countries. Blockchain Provides Important Opportunity for Artists In a statement made on Art X Lagos’ website, the organizers argue that blockchain is now providing digital artists with an opportunity to sell their work. They added that such a paradigm shift opens up the possibility of a more decentralized and more collaborative economy, where creators can lead the way towards a more inclusive, and....
When quoting the price of one bitcoin, does it pay to use the globally-recognized Big Mac in place of region-specific fiats? Radoslav Albrecht, founder of the peer-to-peer lending service Bitbond, is betting in the affirmative. Radoslav’s company has sponsored the launch of the BitcoinPPI, a new index and API, which tracks the second-to-second price of a....
Some tricky new malware is infecting Mac users by imitating legitimate software. The “Advanced Mac Cleaner,” professes to be an anti-malware tool in order to sneak onto Mac computers. New Malware Targeting Mac Users. Bitcoinists who use Macs ought to be especially concerned, as the malware specifically targets Mac users by mimicking an anti-malware tool designed for Macs. Malware can be used to steal private keys and wallet passwords, allowing malicious actors to gain access to your funds. The malware was discovered first by Thomas Reed, lead researcher at anti-malware firm, MalwareBytes.....
This will erase everything from your computer. The folks at 4chan are well-known for their malicious pranks, with this being one of the newest. The image claims that all post-2009 Macs come with a Bitcoin miner built-in, and that it simply needs to be unlocked by typing a certain string in Terminal. First of all, it's never a wise idea to type random stuff in Terminal/Command Prompt unless you know what you're doing. This particular command simply reformats your hard drive. This isn't the first time that 4chan trolls have tried to trick people into destroying their devices. A recent prank....