Bitcoin’s Identity Crisis: Can the OG Crypto Survive a World of Instant Grati...
Bitcoin is currently wrestling with a profound schism between its original architectural intent and the shifting demands of modern market psychology. The instant gratification and high-risk once associated with crypto rallies are now moving to more shiny alternatives like online prediction markets and sports betting that settle much faster. This is according to a research report from NYDIG. Source: NYDIG While recent price corrections often spark a flurry of ‘is it over?’ commentary, institutional players rarely view these drawdowns as structural failures. Instead, they are seen as a....
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PRESS RELEASE. SURVIVE is going to revolutionize the Metaverse. It’s a hybrid between live-action and open-world games. Think of GTA 5, with a 3D Metaverse where you can play for free and earn money. SURVIVE is backed by NFT Global, a reputable NFT platform. This partnership is ready to disrupt the whole Metaverse game industry. Their goal is to create a game that will influence an entire generation and bring play-to-earn games into the mainstream. The collaboration between an experienced game developer team and an already existing crypto project (NFT Global) with a market cap of....
The bitcoin wallet platform Coinbase has now enabled instant bitcoin purchases. Users will have to undergo identity verification, which will unlock instant transfer and larger transaction limits. Coinbase is still limited to the US only, but this move brings it into closer competition with the BitInstant exchange. Coinbase imposes transaction limits via so-called user levels. Level 2 accounts have the highest transaction limits. However, as a part of the new instant transfer facility, Coinbase says it has set all users at level 1, and it will require identity verification before anyone can....
The United Nations aims to make it possible for all people to have a legal identity, including birth registration. This is one of the targets under the overarching goal of eradicating extreme poverty for all people everywhere by the year 2030. But providing an ID for everyone is a tremendous challenge. That is why experts are looking at Bitcoin’s....
Venezuela has been listed as the third country with the most cryptocurrency adoption in the world by Chainalysis in its 2020 report. With its citizens coping with crippling inflation and losing purchasing power, the country has taken a turn for these assets to survive. But what are the real numbers behind this crisis that made Venezuelans change their whole way of living? How Venezuela Adopted Crypto: The Numbers It is a popularly known fact that Venezuela is one of the countries that have adopted cryptocurrency with the most force in LATAM. This was corroborated by Chainalysis in its....
People need to keep in mind the cryptocurrency can easily survive without ever knowing who created it, as gaining that knowledge would change nothing at all in the long run. Despite the always present mystery of who Satoshi Nakamoto is, Bitcoin has been able to survive and prosper without the identity of its creator ever being revealed. Now that everyone seems to be on the Easter Egg hunt to find out what the connection between Wright and Nakamoto really is, we need to keep in mind this is about Bitcoin and not personal glory. At times like these, people tend to forget Bitcoin has been....