The Bitcoin Law Announcement Was A Special Day In History
Jack Mallers announcing Bukele’s Bitcoin Law was a momentous occasion in history, not only for Bitcoin and El Salvador, but for the entire world.It was June 2021 in Miami. Thinking back to that day, I recall the crowds and lines: It was a hot summer afternoon, the first Bitcoin event I’d attended, and one of the first outings I’d been to in over a year following the pandemic. To say that I was uncomfortable, both socially and physically, was an understatement. If that’s not enough, the adrenaline was hitting me from sneaking by the security guards who were removing those standing in the....
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Among the first announcement to come out of the long-awaited Cardano Africa Special, Input-Output Global revealed a partnership with World Mobile. The cooperation follows IOG’s global vision in the region and aims to “connect the unconnected”. Initially, the partners will focus their efforts on Zanzibar and greater Tanzania. They will use a unique approach to […]
A special agent with the Internal Revenue Service (IRS) says the tax agency is “seeing mountains and mountains of fraud” in the cryptocurrency space. The IRS criminal investigation unit is trying to train all of its agents on crypto and non-fungible token (NFT) issues because “this space is the future,” he stressed.
IRS Special Agent Says Crypto Is Rife With ‘Mountains and Mountains of Fraud’
A special agent in charge of the IRS’ criminal investigation division in Los Angeles, Ryan Korner, talked about cryptocurrency at a....
After the recent regulatory announcement on the part of the People's Bank of China, the Bitcoin markets and many in the Chinese Bitcoin community have been in a state of panic. Although the day after the event was relatively calm in the Western world, with Bitcoin markets dropping only by 10% and the Bitcoin reddit covered with threads reassuring readers that the announcement was a positive for BItcoin. In China, however, the price immediately crashed by 25%. The next day, however, Baidu Jiasule and China Telecom stopped accepting Bitcoin, and the mood rapidly began to turn sour. Bitcoin....
One sentence perfectly summarizes the problems with modern finance, and you can find it in your pocket. Open up your wallet and take out a US bill of any denomination. On its front, you'll find these words:"THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE". This simple sentence encapsulates Old-World finance, where central bankers make intimidating commandments, and governments try to manage commerce from a central point. Contrast this with bitcoin, which represents New-World finance. Several points:1. There's a reason why fiat currency needs special clauses. Never in history....
Satoshi Nakamoto's broke a three year long silence, telling the world he is not Dorian Nakamoto (photo). Every post he made can be found in the database of the Satoshi Nakamoto Institute. Satoshi Nakamoto remains an obscure figure to most people that are involved in cryptocurrencies. As the creator of Bitcoin, he is the reason we are all here. You would not be reading this article if it weren't for him. Heck, I would not have written this text, and we would probably think virtual currencies could only exist in a galaxy far, far away. Inventor of Bitcoin. However, Nakamoto is real. Whether....