On Tuesday Nayib Bukele, President of El Salvador, released a new video showing a geothermal facility with Bitcoin mining machines operating on the side of a volcano. The original video, which Bukele shared Tuesday afternoon on Twitter, has already received nearly 2 million views. It shows a government-branded shipping container arriving at the geothermal … Read more
“Fool’s gold” is a common nickname for pyrite. It got this nickname because it’s practically worthless, but it has a look that deceives people into believing it’s real gold. With a little practice, there are many easy tests anyone can use to quickly tell the difference between pyrite and gold. The nickname “fool’s gold” … Read more
Bitcoin user Callum McArthur’s house was broken into last month, and the burglars stole his hardware wallet and recovery words which stored his bitcoin stack. However, even though the criminals managed to get away with McArthur’s devices, they didn’t know that the keys they took were part of a multisig setup. As a result, … Read more
Betting platform Sportsbet.io donated 2 bitcoin to Premier League football club Southampton. The donation set up a new fund that seeks to “support the causes that matter most to [Southampton’s] fans,” the company said in a statement. But the club can also decide to retain, or HODL, a portion of the donation to capitalize … Read more
Robinhood COO said 1.6 million people are on the company’s waitlist for withdrawing bitcoin. The long-awaited feature would come as a cryptocurrency wallet to the firm’s trading app. It is still unclear when customers will be able to take ownership of their bitcoin. Robinhood now has 1.6 million people on the waitlist for … 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