Tag Archives: Bitcoin News

“Bitcoin Is Generational Wealth” is a short film exploring the potential Bitcoin has to extend the timeframe of the projects humanity focuses on and actually achieves. Across recorded history, cycles of rise and fall, both of civilizations themselves and of what they use for money, repeat time and again. We are experiencing another fall now and it is horrifying to observe. However, for the first time in humanity’s existence, something unprecedented arrives – a money that...

Despite having the goal of being widespread and utilized by many people throughout the globe, bitcoin, it turns out, is still experiencing very concentrated ownership according to a new survey conducted by the National Bureau of Economic Research. Bitcoin Isn’t Falling Into Too Many Hands Bitcoin was built as a means of giving financial freedom and power back to the common people. Right now, the world’s financial systems are largely governed by centralized banks that...

A teenage boy in the town of Lincolnshire in the United Kingdom has been issued with a 12-month rehabilitation order after he created a phony website that cheated dozens of people out of money that was later used to purchase cryptocurrency. At the time of writing, these digital funds – worth approximately two million pounds – have been confiscated by law enforcement agents. UK Boy Is Seeing His Assets Taken The boy is remaining anonymous at press time, though according...

Blockchain and e-commerce firm Future FinTech Group Inc. is looking to build a new crypto mining farm in the South American nation of Paraguay. Future FinTech Brings Crypto Mining to South America The country’s minister of social development and the mayor of the city of Coronel Oviedo announced that they’ve had discussions with many of the firm’s executives regarding the development of its plans and the proposed site. In addition, the former deputy minister of national...

A bitcoin correction has occurred. Just under two weeks ago, the world’s number one digital currency by market cap was trading for a whopping $66,000 per unit – the highest it’s ever been in its 12-year history. However, at press time, the currency has lost about $7,000, but this doesn’t necessarily constitute a crash in some analysts’ eyes. Bitcoin Has Fallen… But Should We Worry? We have all seen this before. Bitcoin goes up, bitcoin goes down. It’s a constant cycle in...

Digital payments and financial technology firm Mogo Inc. has created what it’s calling the world’s first official “green” version of bitcoin. The item in question is not necessarily a product, but rather an initiative. For every bitcoin unit purchased through its system, the company will plant trees and work to offset the carbon emissions allegedly caused by bitcoin and crypto mining. Mogo Is Trying to Make the Crypto World Greener The argument surrounding bitcoin’s growing carbon levels has...

Football legend and team member of the Tampa Bay Buccaneers Tom Brady has paid a fan an entire bitcoin to get a special football back. Tom Brady Parts with BTC, Gets a Football In a recent interview, Brady recounts throwing his 600th touchdown ball to wide receiver Mike Evans. No player has ever achieved such a touchdown milestone, and this made the ball one of the most special items in the history of the sport. Unfortunately, Evans did not realize the significance of...

Tesla – the electric car company headed by South African entrepreneur and billionaire Elon Musk – has hinted in a recent filing that it may be open to accepting bitcoin and crypto payments for vehicles again in the coming future. Elon Musk Is At It Again Regarding BTC In a statement, Tesla explained: We believe in the long-term potential of digital assets both as an investment and also as a liquid alternative to cash. The news comes at a strange time when many once-anti...

There are rumors swirling about that China will potentially end its bitcoin ban. If this happens, a serious question will be raised… “What was the darn point?” China, Make Up Your Mind About Bitcoin! China made headlines over the summer when it announced that it was going to force all bitcoin miners from its territory following pressure from Beijing to become more carbon neutral. From there, things took an even uglier turn when the country stated it was making all...

In a recent discussion, Isaiah Jackson – the author of “Bitcoin & Black America” – discussed how the United States should consider utilizing bitcoin as a potential reserve currency should economic factors turn sour. Jackson: Bitcoin Is the Ultimate Financial Tool As it stands, gold is widely considered the primary reserve asset if things wind up taking a tumble. However, gold has failed somewhat to react to the rising inflation being witnessed in America today, and...