Author: sysadmin

Greenpeace Has Stopped Accepting Bitcoin Donations Due to Network’s Environmental Impact – Bitcoin News

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[ad_1] Greenpeace, the ecological NGO, has stopped accepting bitcoin donations due to the big impact the cryptocurrency network has on the environment. The organization, which was one of the first NGOs to add bitcoin to its donations arsenal, has now backpedaled due to the growing energy consumption of the underlying network powering the asset. Greenpeace Stops Accepting Bitcoin Donations Greenpeace has stopped accepting bitcoin donations due to the big environmental impact that the energy consumption that the Bitcoin network is having. The NGO declared in an article earlier this week…

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Bought And Held Bitcoin 2021 Richer

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[ad_1] Bitcoiners need not fear — for those who have already determined that the bitcoin standard is the monetary policy for them, recent dips in nominal fiat value can only be good. You see, as determined in my previous article, “If You Don’t Buy Bitcoin You Can’t Be Rich,” fiat wealth is only as reliable as its issuance and issuer, of which neither has been reliable in every single case of fiat’s existence, most famously the U.S. Dollar. So the only truly rich people in this world are people who…

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Fraudsters Impersonate a US Federal Agency by Sending Emails Asking for Bitcoin Wallet Keys – News Bitcoin News

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[ad_1] U.S. consumers have been receiving fake emails that attempt to impersonate a federal regulatory agency which has raised alarms among crypto community members. The U.S. Office of the Comptroller of the Currency (OCC) warned that such bogus messages ask people for their bitcoin wallet keys. Fictitious Message Contains Several Grammar Mistakes and Typos According to the alert published by the OCC, the fake email claims to be signed by senior officials of the agency. They took the opportunity to warn people that the federal entity holds no virtual currencies,…

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Warren Buffet Charlie Munger Bitcoin

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[ad_1] Why Do Munger And Buffet Criticize Bitcoin? A breakdown of Berkshire Hathaway’s top-12 portfolio holdings and their high correlation with the existing fiat financial service system. Have you ever noticed people who criticize bitcoin possess one of two key characteristics? 1) They do not understand at all what bitcoin is or why it has value, and/or 2) bitcoin’s success threatens their wealth in the fiat system. Without fail you can categorize 98% of bitcoin criticism into these two categories. It’s really quite astonishing! Fiat Billionaires Warren Buffet and Charlie…

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Kenyan Regulator Commends Its Regulatory Sandbox— Says the Test Phase Enables It to Have Interactions With Innovators – Emerging Markets Bitcoin News

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[ad_1] According to a new report published by the Capital Markets Authority (CMA) of Kenya, the country’s regulatory sandbox has now received 24 applications, queries, and proposals since March 2019. From this total, only seven firms have been admitted into the sandbox, and “a few more (are now) in the final stages of review.” However, just two out of the seven admitted firms have completed their testing phase and plan to roll out the products soon. Regulator and Innovator Rapport Meanwhile, the CMA concedes that this regulatory sandbox had afforded…

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Bitcoin Is Demonetizing Gold – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

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[ad_1] Bitcoin Is Better At Being Gold Than Gold Is Decentralized: Bitcoin is more decentralized than gold. There are over 100,000 nodes all over the world verifying the Bitcoin blockchain. Bitcoin miners and developers are all over the world as well. Gold mining is subject to the jurisdiction they are located in and the local government can easily impose controls over the gold output since it is physical in nature. The same cannot be easily said with bitcoin mining since bitcoin is digital and can be instantly secured from control…

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Report – Regulation Bitcoin News

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[ad_1] The Indian government is reportedly looking to form a new “panel of experts” to focus on ways to regulate the cryptocurrency industry in the country. “There is a view within the government that the recommendations made by Subhash Garg are dated and a fresh look is needed at use of cryptos rather than a total ban,” local media reported. Indian Government Re-Examining Crypto Bill The Indian government is considering forming a new “panel of experts to study the possibility of regulating cryptocurrency in India,” The Economic Times reported Wednesday,…

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How Has Covid-19 Risen Bitcoin’s Price

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[ad_1] When the Covid-19 pandemic hit the globe at the beginning of 2020, many sectors were adversely affected. For instance, the hospitality and airline industries took a dip due to travel restrictions and lockdowns. Bitcoin was also hit in March 2020 by the financial impact of Covid-19. However, the effect was not long-lasting. While gold has been vaunted as the go-to store of value, bitcoin emerged as a serious challenger. The bitcoin price proliferated in the Covid-19 period. The price increased from $5,000 in March 2020 to an all-time high…

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Breakneck speed of crypto adoption could result in whiplash, warns wallet exec

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[ad_1] Cryptocurrency adoption on a United Kingdom-based payment app is booming in the first quarter of 2021, but whether that trend continues could depend on the actions of Bitcoin (BTC) evangelists like Elon Musk, warns STICPAY director James Bay. The mobile payments app reported a 48% increase in crypto deposits in the first quarter of the year, while fiat deposits remained static. Bitcoin is apparently the currency of choice for most of STICPAY’s e-wallet users, with Bitcoin deposits eclipsing deposits of Ether (ETH), Tether (USDT) and Litecoin (LTC) 38 times…

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Crypto Meets Chess in Coinbase Sponsored Cryptochamps Tournament – News Bitcoin News

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[ad_1] Chess.com, one of the most popular chess internet sites, has announced it will host a contest called “Cryptochamps,” a crypto-themed chess tournament. The event, which will be sponsored by Coinbase, will feature several important cryptocurrency personalities and will offer prizes that will be donated to charity next month. Crypto Meets Chess at Cryptochamps Chess.com, the largest chess-playing site on the internet, just announced it will host a new cryptocurrency-themed tournament called Cryptochamps. Powered by Coinbase, the online event will pit important crypto influencers and other characters against each other…

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