The Bitcoin Haters And Their Bitcoin Beef
These notorious bitcoin bears have much to say about the technology — may the market decide the winner.“Disgusting and contrary to the interests of civilization”“Of course I hate the bitcoin success. I don’t welcome a currency that’s so useful to kidnappers and extortionists and so forth. I think I should say modestly that the whole damn development is disgusting and contrary to the interests of civilization.” - Charlie Munger of Berkshire Hathaway.Those were the words of ninety-seven year-old Charlie Munger, the vice-chairman of the investing giant Berkshire Hathaway, and the....
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Digital currency markets have shed billions in value over the past week and during the market carnage, bitcoin haters have come out in flocks. Moreover, according to numerous crypto skeptics, bitcoin has officially died 21 times this year and this week’s downturn is sure to provide another eulogy. Bitcoin Haters Step Out to Troll Crypto Proponents On April 14, 2021, the price of bitcoin (BTC) tapped an all-time price high at $64,895 per unit, and then slid to a low of $30,066 a touch over a month later on May 19. That’s a percentage loss of 53% down from the high. Tesla has....
When it comes to businesses accepting bitcoin, there is nothing hi-tech about a farmer and his wife selling beef in rural Australia. However, David and Peta Moloney are doing for the beef industry what bitcoin is doing to the financial one: disrupting it. High-profile companies such as WordPress and Foodler already take bitcoin, but the percentage of income generated in bitcoin is still very low. OKCupid, another big name to take bitcoin told us less than 5% of their revenue comes from the currency. So how has a beef-seller in northern New South Wales achieved up to 20% of his business in....
In every sport or form of competition, we see established rivals come to life. In basketball, it’s the Lakers and the Celtics, in boxing we’ve seen the likes of Furry vs Wilder, and in hip-hop, we often hear about Nas vs Jay-Z. Today in the world of crypto we have had a melting pot, stuffed with all kinds of herbs brewing a beef. One that was widely recognized, but that has slowly begun to fade is Ethereum and Cardano. Let’s take a look into the history of these blockchain giants. What’s Beef: The History Of Ethereum and Cardano’s Connection These two big dogs....
When Ryan Holder went for his lunch break today in Shoreditch, where he works as a front-end developer, he decided to stroll to a nearby burger stall to purchase an artisanal beef burger laced with a special spicy sauce - nothing out of the ordinary in this hip part of east London - until the burger cart owner whipped out his iPhone to receive the payment in bitcoin. "This is the best burger in the world," Holder declared as his 'Angry Bear' burger was handed to him. Buying street food with bitcoin is a novelty, even in London's self-styled Silicon Roundabout. The stall Holder went to is....
In a testament to how crazy markets have become, Dogecoin is now worth more than Twitter. While it looked like the DOGE train had run out of steam during late April’s sell-off, its market cap has gone on to nearly double, to just below $50 billion, in less than two weeks. Elon Musk’s involvement is […]