Bitcoin’s Next ‘Supercycle’ Hinges On One Thing: National Adoption, Exec Says
ProCap chief investment officer Jeff Park has outlined what he believes could cause Bitcoin to surge dramatically and hit the next “supercycle”: a government purchase by a major developed nation. Related Reading: Bitcoin’s $200K Runway Extended To 2029, Analyst Says According to reports, Park said the move would have to be genuine, not a rumor […]
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The Bitcoin For Truckers campaign made it on Tucker Carlson Tonight, the controversial and conservative TV host’s show on Fox News. The most important thing, though, it’s that Bitcoin’s value proposition shined bright in the mere center of his speech. Say what you will about Tucker Carlson, but this is the kind of advertising money […]
Bitcoin, Bitcoin’s Core developers, and Bitcoin’s underlying Blockchain technology have certainly done their job up to this point. Bitcoin has proven to live up to the hype in actual ability and overall value. This global technological experiment has worked out almost perfectly, except for one thing. Bitcoin still does not scale effectively, limited to only seven transactions per second, in theory, and less than half of that in real-life applications. Segregated Witness, or SegWit, doesn’t seem to be coming to save the day anytime soon. However according to its creators, there is a new....
Nigerian authorities are developing a roadmap for the adoption of blockchain technology in public administration and payments on a national scale.
Decentralized networks such as Bitcoin’s don’t know national allegiance, they only know math. And when you’re trying to get your savings out of an ATM, or send a payment to relatives in a war-torn environment, someone else’s politics is the last thing you want standing in the way of you and your loved ones’ well-being — regardless of what colors may be on the flag waving above your head.
The Human Cost of Sanctions
There are no winners in war. Bankers and politicians start them, and everyday individuals like you and I are told to....
An experiment in Prague might end up mattering more for Bitcoin than the usual ETF inflow chart. Speaking on the “Crypto In America” show on 10 December, Coinbase Head of Institutional John D’Agostino highlighted that the Czech National Bank has begun testing Bitcoin in its national treasury and for payments, and argued that this sort of move by a Eurozone central bank is likely to spread. Czech Bitcoin Pilot Could Spread Across Eurozone “The Czech national bank chose very well in their service providers,” he said, adding that the central bank is “putting Bitcoin on their national treasury....