There’s been much discussion surrounding the question of determining whether or not Bitcoin is a religion. To truly understand the depth of this question, we must discuss belief, religion, organization, and dogma. Let’s answer this question beginning with a linguistic lens, and then continue through a philosophical discussion. WHAT IS RELIGION? This seems a simple … Read more
Understanding Bitcoin Halving To explain what a Bitcoin halving is, we must first understand a bit about how the Bitcoin network operates. Bitcoin’s underlying technology, blockchain, basically consists of a collection of computers (or nodes) that run Bitcoin’s software and contain a partial or complete history of transactions occurring on its network. Each full node, … Read more
Software intelligence company and bitcoin accumulator MicroStrategy has increased its BTC holdings with a recent acquisition of 1,434 coins, according to a Securities and Exchange Commission (SEC) filing Thursday. The purchase was made between November 29 and December 8 for $82.4 million in cash, valuing each BTC bought at about $57,477 on average. The acquisition … Read more
I can’t help but take pride in the Bitcoin community’s relentless optimism. In many other industries, whether it be through the direct decline of the industry, or a sense of general nihilism that so often accompanies our fiat-based world, optimism is not nearly as present. But Bitcoiners wake up each day ready to work … Read more
What’s the first thing that comes to mind when you hear the word “Panama?” The Panama Canal? Please don’t say Van Halen’s catchy ode to nothing resembling actual Panama. Having gone there for the first time this September, my eyes were opened to the beauty of the people and their land in this historically … Read more
Bitcoin typically tends to perform very well in Q4, and so far this year it has been sticking to that trend. On October 1, the price of BTC was around €41,000. Since then, it has done nothing but rocket upwards with more highs expected to be seen in what many Bitcoiners are calling “Uptober.” Bitcoin … Read more
Throughout the whole of history many means of exchange have disappeared. Supposing that money as we know it today, were to also disappear? The world would not miss it for a single day, for its disappearance alone would reveal that it had been replaced by something perhaps much better. We can no longer bear … Read more
A draft bill seeking to allow Brazilian workers to be paid in bitcoin was presented to the country’s Deputies Chamber on November 5. The author, deputy Luizão Goulart (REPUBLIC-PR), shared the natural evolution of money as a cause for his proposal. “Money was one of the greatest creations in the history of humanity,” per … Read more
The U.S. government will auction 4.94 BTC worth over $300,000 in the next few days. The auction will be held by GSA Auctions, the federal government’s online clearinghouse for surplus, U.S.-owned assets and equipment it wishes to sell. The 4.94 BTC will be auctioned in five different lots of 1.5, 1.25, 1, 0.75, and … Read more
Choices This guide is not intended to be a guide to trading, and if you want to trade cryptocurrencies, we assume that you are already a competent trader. If you do want to trade, by which we mean short-term speculation using a national currency as a base, your options are brokerage houses and online … Read more