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Toxic Bitcoin Maximalism is Bullshit, Erik Voorhees Says

ShapeShift CEO Erik Voorhees is no shy when it comes to expressing his opinion about politics, finance or Bitcoin maximalism —no matter popular or unpopular they might be. During an intervention at the Bitcoin 2021 conference in Miami, Voorhees criticized an earlier panelist’s comment praising toxic Bitcoin maximalism, saying that such thinking was, erm, wrong – to put it in more civilized terms. Bitcoin Maximalism: A Bug or a Feature? Just minutes before Erik Voorhees took...

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NFL Player Russell Okung Wants Elon Musk to Step Away from Crypto

Elon Musk has been attracting some negative press in the crypto world as of late, and now Russell Okung – a former NFL player for the Carolina Panthers and a big bitcoin fan – is joining the angry crowd. The Anger Towards Elon Musk Continues Okung recently erected a billboard which took aim at the South African entrepreneur, particularly his position as CEO of SpaceX. Okung posted the following on the billboard: Stick to space. Clearly, he wants Elon Musk out of the...

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Former SEC Head Bashes Crypto, Angers Mark Cuban

Mark Cuban has taken issue with some comments uttered by John Reed Stark, the former chief of the Office of Internet Enforcement for the Securities and Exchange Commission (SEC). According to Stark, cryptocurrencies like bitcoin and Ethereum bear “no utility,” something that Cuban seems to disagree heavily with. Mark Cuban Rushes to Crypto’s Defense Not long ago, Cuban stated that he owned bitcoin and believed it would be a serious hedge in the future against inflation...

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So You’re Getting a Divorce. Who Gets the Crypto Assets?

Getting a divorce is complicated. So is owning crypto. When you combine the two, there is a good chance you are going to be suffering from a few headaches here and there. Divorce Proceedings and Crypto Can Be a Hard Combo As more and more cryptocurrencies are bought by young married couples in America, the idea of splitting that crypto up can be rather difficult should that couple ever find themselves in divorce court – especially if one of those individuals tries to...

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Elon Musk Inspired a German Tesla Taxi Company to Enable Dogecoin Payments

The story between Dogecoin and Tesla has a new, somewhat unexpected development coming from Europe. A German taxi company that has only Tesla cars has enabled its customers to use DOGE to pay for their rides. CryptoPotato reached out to the firm, called Tesla Taxi Aschaffenburg, to check out why it went that doggy road, what’s the endgame, and are people actually using the meme coin as a payment method. Use Dogecoin to Pay for Tesla Taxis in Germany The Germany-based taxi...

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Lawyers Reveal: Divorcing Couples Hide Money With Cryptocurrency

American experts warned that some spouses use digital assets as an instrument to hide money during divorce arrangements. There Are Always Ways According to a recent New York Digital Investment Group (NYDIG) survey, nearly 50 million Americans currently own bitcoin. Furthermore, the popularity of altcoins is also on the rise. With the above in mind, divorce attorneys in the USA noted that more and more spouses camouflage their money into crypto during breakup settlements....

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Progressive Care Now Accepting Bitcoin Payments For COVID-19 Rapid Testing

Progressive Care, a Florida-based healthcare services company, announced today that it has started accepting bitcoin payments for its COVID-19 Rapid Resting services at its PharmcoRx locations. Progressive Care Now Accepting BTC Payments According to the company, the decision was made on the eve of Bitcoin 2021, the world’s largest Bitcoin Conference taking place in Miami this week. The event will attract over 50,000 visitors to Pharmco’s core marketplace in the Miami...

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Bitcoin Slides Below $35,000 as Market Cap Loses $140B in a Day (Market Watch)

Although the weekend started on a positive note for bitcoin, it continued with price slumps, and the asset plunged by about $3,000 in hours. The altcoins are also deep in red, with ETH dumping below $2,700 and BNB beneath $400 – the market cap lost another sizeable chunk of value in a day. Bitcoin Struggles at $36K The workweek was actually going well for the primary cryptocurrency as it was gaining traction and even jumped to a six-day high of $39,500. However, the inability...

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Revolutionary: El Salvador On Its Way To Adopt Bitcoin As a Legal Tender

El Salvador’s president revealed at the ongoing Bitcoin 2021 Conference in Miami that he plans to make bitcoin a legal tender in his country. Speaking at the Bitcoin 2021 event, Nayib Bukele, the president of El Salvador, said he is planning to introduce a law that will make bitcoin a legal form of money in the country. According to a  video broadcast at the conference today, Bukele said he would send the bill to Congress next week. If the bill pushes through, El Salvador...

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Financial Manager Pascal Blanque Is No Fan of BTC

Bitcoin is popular, but it is not loved by everyone. One of the cryptocurrency’s latest doubters comes in the form of Pascal Blanque – the CIO of Amundi, which is the second largest asset manager in Europe – who in a recent interview, referred to the world’s primary digital asset as a “farce.” Pascal Blanque Doesn’t Care Much for BTC At a conference, Blanque called out bitcoin for being a disruptive tool in the world of finance. He says all it has done is make central...

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