Adam Beck’s Bitcoin Realization: What Kind Of Money Is BTC?
Bitcoin (BTC) has long sparked debates over what it truly represents, with some arguing that it’s digital gold, a store of value, or a revolutionary form of money. Recently, Adam Back, the co-founder and CEO of Blockstream, weighed in with a bold statement, claiming that BTC embodies the essence of permissionless bearer money. Bitcoin As […]
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Bitcoin is down by 2.1% in the past 24 hours, and its latest decline has come at a moment when many traders expected the opposite. The US government shutdown is already in the process of winding down after weeks of uncertainty, yet the prices of Bitcoin and Ethereum have continued to drift lower and are under pressure. The cryptocurrency market’s inability to rebound notably has led to active debate among traders on X. One of the most vocal views came from a popular trader known as The White Whale, whose remarks express a growing sense of frustration across the crypto community. The....
The Promise of Crypto. Part 1 of 2. "Bitcoin and crypto currencies in general represent a fundamental shift in human society that will rival the shift made by the internet." Wow, that sounds like so much nonsense... I know because when I say that to people they get that little snicker in their mouth. Bitcoin? Change the world? You're nuts. It's just money. And not even that really. It's a pyramid scheme... And yet within minutes of talking, a realization comes to them and their eyes get wide. "Really? Wow!" So what really is the promise of Bitcoin ? How will it change the world? Bitcoin is....
About a week ago, at the NYC Consensus conference I was fortunate enough to get to spend four hours over dinner with Adam Back of Blockstream, and Kristov Atlas of Blockchain.info My Dinner with Adam Back. I’ll do my best to summarize the topics of conversation over those four hours, although I’m sure I will miss some important points. Firstly, Adam....
The amount of Bitcoin-related media out there has gotten quite large over the past few years. For over a year now we're had Bitcoin Magazine, but we also have a growing collection ofBitcoin songs, Bitcoin internet memes, a (unfortunately now defunct) Bitcoin video show and hundreds of Bitcoin guides, articles and books. Now, we have another kind of media to add to the collection: a half-hour daily podcast. The show, founded by Adam Levine, Paul Russo and Eli Sklar, has already aired three episodes, and has plans to continue producing five episodes per week for at least the next six months.....
Cointelegraph’s Joseph Hall visited a Bitcoin-themed bar in Greater Manchester and spoke with its founder, Adam. While opening a Bitcoin-themed bar sounds like a dream for many Bitcoiners, it also comes with its challenges, according to Adam (who did not share his last name), the founder of Satoshi’s Place. Cointelegraph reporter Joseph Hall visited a Bitcoin-themed pub called Satoshi’s Place and sat down with its founder. The duo talked about the place’s history, how it came to be and the difficulties of running a Bitcoin business in the United Kingdom. According to Adam, he first got....