Bitcoin Set For ‘Massive Political News’ Tuesday, Says Dennis Porter
Dennis Porter, CEO and co-founder of Satoshi Action Fund, spent much of Sunday, September 21, stoking anticipation for what he called a watershed moment for Bitcoin policy in the United States, promising “MASSIVE POLITICAL NEWS COMING FOR BITCOIN TUESDAY THAT WILL RESHAPE THE TRAJECTORY OF BITCOIN POLITICS. THIS WILL BE A DEFINING MOMENT.” In a […]
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Dennis Porter said that the government should give $10,000 worth of Bitcoin to debtors and lock it for 10 years. Following United States President Joe Biden's announcement of a student loan forgiveness plan that aims to cancel the debt of up to $20,000 for millions of Americans, a Bitcoin (BTC) supporter proposed an alternative method to pay off the loans. Dennis Porter, the CEO of the non-profit organization called Satoshi Action Fund, tweeted that there's another way for the U.S. government to solve the student loan issue. According to Porter, Biden could give each debtor some BTC worth....
It is important for Bitcoiners to utilize existing systems of enacting change to create the best possible environment for adoption.
In a fireside chat with podcaster Dennis Porter, he covered discussing Bitcoin with those who don't get it yet.
The firm cited better interest rates from traditional finance loans and regulatory risks in mulling the bond platform. Porter Finance, a decentralized finance, or DeFi, protocol based on the Ethereum (ETH) blockchain, announced Tuesday that it was shutting down its bond issuance platform. In explaining the discussion, Porter Finance said:"Looking forward, we are not confident there will be large inflows of lending demand for fixed income DeFi products like the ones offered through Porter Finance. This is primarily due to the competitiveness of rates offered in traditional finance and the....
Crypto Twitter discusses whether Bitcoin mining with clean energy provides a good solution for excess or unused energy. It all started with a tweet by Dennis Porter, podcast host and self-described Bitcoin advocate, that led to a heady discussion about renewable energy and the role of Bitcoin miners. Porter asserted that Bitcoin (BTC) creates incentives to build out renewables, but environmental scientist Peter Gleick rebuffed the statement as a "self-serving lie." The comments section got heated when Nic Carter, Castle Island Ventures general partner and Coin Metrics co-founder, entered....