Harrowing Figure Highlights How There Isn’t Enough Bitcoin To Go Around

Harrowing Figure Highlights How There Isn’t Enough Bitcoin To Go Around

Bitcoin is a financial revolution in the making, for numerous reasons. But one of the attributes that give it the most value, is its digital, hard-coded scarcity. With just a 21 million BTC supply to ever exist, it is the hardest form of money on the planet. However, according to one expert in the field, […]


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The 3 wallets problem

This post was released for Issue 17 of Bitcoin Magazine as part of a series of articles about puzzles and games that started with Issue 12. Here I present a few challenges for bitcoin hoarders, about keeping bitcoins in separate wallets according to some restrictions. Have fun solving them! Suppose that I have 10 bitcoins and I want to store them in 2 separate wallets (A and B) without splitting coins (that is, not using fractional units). Keeping a wallet empty is allowed. It's easy to figure out that there are 11 ways of doing so: (0,10), (1,9), (2,8), (3,7), (4,6), (5,5), (6,4), (7,3),....

US national figure skating body adopts Bitcoin donations

After announcing plans to go crypto in September last year, the U.S. Figure Skating now officially accepts Bitcoin for donations. The United States national governing body for the sport of figure skating, the U.S. Figure Skating, is the latest organization in the country to enable donations in cryptocurrencies like Bitcoin (BTC).The association has partnered with the enterprise-level donation platform Engiven in order to start accepting donations and gifts in cryptocurrency, the U.S. Figure Skating announced on Tuesday. The organization initially revealed its plans to enable cryptocurrency....