After FTX Implosion, It's Time To End Bitcoin's Dysfunctional Relationship Wi...
Michael Saylor’s recent dysfunctional relationship comment perfectly summarizes the disconnect between bitcoin and crypto.This is an opinion editorial by Tim Niemeyer, a Bitcoiner since circa-2018 and co-host of the Lincolnland Bitcoin Meetup in Springfield, Illinois.“Bitcoiners are trapped in a dysfunctional relationship with crypto and we want out!” — Michael SaylorAmidst the carnage of the FTX drama, a moment of clarity illuminated the Twittersphere. Michael Saylor’s words were the signal in the noise resulting from the dysfunctional trainwreck....
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Bitcoin has been called 'digital gold', but does this mean the two markets behave similarly? This relationship has been top of mind for industry observers for some time, as media coverage has often championed the idea bitcoin is a new 'safe haven' asset. But while some market observers have claimed there is a correlation between bitcoin and gold, members of the digital currency trading community disagree. Further, some have collected data they believe shows this relationship is speculative at best. Though bitcoin and gold have frequently displayed a notable correlation during times of....
Bitcoin presents an opportunity for us to redesign our relationship with money in a way that's conducive to being good citizens.
The implosion of the world economy continues in the aftermath of 2016 and so does the upward climb of Bitcoin. Cashing on the previous year’s upward momentum, Bitcoin has already managed to hit $1000 mark, one day into the new year. As the repercussions of the events of 2016 will be felt this year and in the future, it is not incorrect to predict bitcoin’s continued importance. The events like Brexit, Chinese Yuan devaluation etc were landmark because they were symptomatic of the general malaise in the world economy. The implosion of the world economy continues in the aftermath of 2016 and....
For Pt. 1 of this interview, click here! How many people are in 112bit? Are you doing it alone or do you have a team? There is a girl who does orders and such, and I do sales and more with help from another guy. We are looking to add more people especially in support. Someone who likes to play with every new unit and look at it from multiple ways. We are also going to add two persons to process orders more rapidly. You have a good relationship with Bitmain. I know you have worked very hard to develop the relationship. How do you feel it has impacted your business? Its effects are a lot. In....
Crypto could prove to be the solution to a country like Lebanon to restore its failing economy. Lebanon’s financial system is fundamentally dysfunctional as a result of decades of mismanagement. Lebanese citizens are increasingly resorting to cryptocurrencies as a means of survival in the face of economic turmoil hounding the country of 6.8 million, according […]