Cryptocurrency hopefuls want to believe that Wall Street is just another eager investor, ready to pump money into the growing crypto market and enjoy the same returns that retail traders have seen every time the value of cryptocurrency has skyrocketed. But that projection misses the mark in two ways: first, Wall Street is already… Read More »
Should we all go zero fiat? I’ve seen this idea gain prominence on Bitcoin Twitter recently, discussed by people like LaserHodl and Heavily Armed Clown. Personally, I’m open to the idea, and I believe that we all will eventually #GetOnZero. But not just yet. As much as I’d love to live in the hyperbitcoinized… Read More »
A defining feature of the Digital Era has been the rise of digital entities of incredible complexity, which manage to maintain such simplicity that your grandmother can use them. Famously, the iPhone arrives in a box with no user guide. It is so well designed and self obvious in function that a child is… Read More »
Bitcoin can be a daunting thing to learn about. It involves the study of several different fields, from computer science to economics. At Bitcoin Magazine, we always hope to be able to educate our readers on the basics of Bitcoin. We offer a guides section, and have a large selection of books in our… Read More »
Bitcoin embodies Schumpeterian creative destruction. Bitcoin also behaves like a physical natural resource, with unique differences that make it a driving force for effecting fundamental change, much like gold, oil or electricity has done. Bitcoin goes through periodic cycles of varying lengths that inspire a creative rejuvenation of its ecosystem with new ideas and… Read More »
We’ve been keeping track of Weimar signs in this rag since April of last year when it became evident that we were headed into an extended lockdown that included artificially restricted economic activity and money printing. Yesterday’s rag was an example of a Weimar sign because it highlights the fact that the administration currently… Read More »
The United States has always been the global financial leader in my lifetime. But at the moment, government leaders are missing an opportunity to empower Americans to utilize digital currencies. Our incomprehensible unwillingness to embrace digital currency puts our mantle of leadership at risk. Bitcoin, in particular, is primed to become the premier currency… Read More »
Cryptocurrency whale activity is usually associated with big price movements, particularly when whale transfers are taking place between an external wallet and an exchange. There are many whale alert tools which market participants monitor to gain insights into what’s happening in the market. A whale that transfers large amounts of BTC to an exchange… Read More »
Cryptocurrency whale activity is usually associated with big price movements, particularly when whale transfers are taking place between an external wallet and an exchange. There are many whale alert tools which market participants monitor to gain insights into what’s happening in the market. A whale that transfers large amounts of BTC to an exchange… Read More »
The Bitcoin market has tip-toed into “extreme fear” territory as the Federal Reserve prepares to meet Wednesday to decide its next move regarding interest rate and quantitative easing policies. BTC is trading at around $48,000 at the time of writing, nearly 30% below its November all-time high of $69,000. The Fear and Greed Index… Read More »