Bayern LB, one of Germany’s top banks, has published a report in strong support of bitcoin superseding gold, predicting a price of $90,000 per BTC post bitcoin’s halving in 2020. Within a report entitled, “Is bitcoin outshining gold?” the bank’s researchers delved into the stock-to-flow ratios of gold and bitcoin, specifically regarding the impact of reduced supply on asset value. The Stock-to-Flow Model A stock-to-flow (SF) ratio is an analytical method commonly used within commodities,...
Read More »Bitcoin Creator Satoshi is ‘Already Dead’, Claims BitMEX CEO
Arthur Hayes, the CEO of BitMEX, the most widely utilized BTC margin trading platform, has opined Satoshi Nakamoto, the creator of bitcoin, is likely dead. “I think they’re already dead,” said Hayes about Satoshi, adding that he does not believe the identity behind the creator of bitcoin will ever be revealed. Satoshi is said to have 980,000 BTC, worth $9.716 billion based on the current value of bitcoin at $9,913. BitMEX CEO Arthur Hayes. | Source: Source: YouTube/BitMEXEarlier this year,...
Read More »Craig Wright and Ira Kleiman Enter Settlement Discussions
Last month, a judge ordered Craig Wright to turn over 50% of the bitcoin he mined with his former business associate, deceased computer genius Dave Kleiman. | Image: YouTube/BBC Craig Wright and Ira Kleiman have entered settlement discussions, with both parties requesting a 30-day extension of all case deadlines to facilitate negotiations. According to a joint...
Read More »What you don’t know about bitcoin
8 unknown facts about bitcoin Here are 8 of the most surprising and interesting facts about bitcoin: #1 Bug A bug led to the accidental creation of 184 billion BTC in 2010. Known as the „value overflow incident“ on Bitcointalk, this bug was fixed by Satoshi and another developer within 5 hours. #2 Maxim Number of Bitcoins The maximum number of bitcoins isn’t 21 million but...
Read More »Bitcoin Rap Battle Debate: Hamilton vs. Satoshi
Inspired by @Lin_Manuel, I produced a battle rap music video about centralized and decentralized currencies, pitting Alexander Hamilton against Satoshi Nakamoto. Watch the full video: 👉 https://t.co/DtLMzQQWyR Trailer below. pic.twitter.com/O0U0853e0b — Reid Hoffman (@reidhoffman) September 5, 2019 HAMILTON Before we begin, everyone do me a favor And read a little thing I wrote called the Federalist Papers I explain how a nation’s unlikely to...
Read More »Bitcoin Rap Battle Debate: Hamilton vs. Satoshi
Inspired by @Lin_Manuel, I produced a battle rap music video about centralized and decentralized currencies, pitting Alexander Hamilton against Satoshi Nakamoto. Watch the full video: ? https://t.co/DtLMzQQWyR Trailer below. pic.twitter.com/O0U0853e0b — Reid Hoffman (@reidhoffman) September 5, 2019 HAMILTON Before we begin, everyone do me a favorAnd read a little thing I wrote called the Federalist PapersI explain how a nation’s unlikely to...
Read More »Bitcoin Creator Deserves Nobel Peace Prize: Morgan Creek Exec.
Bitcoin bull Anthony Pompliano wants Satoshi Nakamoto to win the Nobel Peace Prize, but other crypto fans aren't sure that's a good idea. | Source: ShutterstockWhoever the real Satoshi Nakamoto is, one long-time Bitcoin enthusiast thinks he, she, or they should win the Nobel Peace Prize.The recommendation came from Anthony “Pomp” Pompliano, a partner at Morgan Creek Digital Assets.Satoshi should win the Nobel Peace Prize.We finally have a currency that can assume global reserve status...
Read More »