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Tech mogul and the world’s richest person Elon Musk apparently joined the ranks of Bitcoin proponents. Less than an hour ago, Musk changed his status on Twitter to the Bitcoin hashtag and seemingly suggested that his involvement in Bitcoin was inevitable in a cryptic tweet. He wrote: “In retrospect,
In a testament to his support for Bitcoin, Miami mayor Francis Suarez announced on Wednesday that the Miami municipal webpage now hosts the Bitcoin white paper: "The City of Miami believes in #Bitcoin and I’m working day and night to turn Miami into a hub for crypto innovation.
This article was originally published on Mimesis Capital's Medium account on January 22nd, 2021. We are in the early stages of a transition between two monetary systems, InFi and DeFi. No, I’m not talking about DeFi as in “Decentralized Finance.” I’m talking about InFi (Inflationary Finance)
Opinion • Bitcoin • Jan 30, 2021
This article was originally published on Mimesis Capital's Medium account on January 22nd, 2021. We are in the early stages of a transition between two monetary systems, InFi and DeFi. No, I’m not talking about DeFi as in “Decentralized Finance.” I’m talking about InFi (Inflationary Finance)
Opinion • Bitcoin • Jan 30, 2021
Tech mogul and the world’s richest person Elon Musk apparently joined the ranks of Bitcoin proponents. Less than an hour ago, Musk changed his status on Twitter to the Bitcoin hashtag and seemingly suggested that his involvement in Bitcoin was inevitable in a cryptic tweet. He wrote: “In retrospect,
News • Bitcoin • Jan 28, 2021
In a testament to his support for Bitcoin, Miami mayor Francis Suarez announced on Wednesday that the Miami municipal webpage now hosts the Bitcoin white paper: "The City of Miami believes in #Bitcoin and I’m working day and night to turn Miami into a hub for crypto innovation.
News • Bitcoin • Jan 27, 2021
As Bitcoin has been experiencing accelerated institutional demand in recent months, one primary narrative has often stood out from the rest: a growing number of large investors can be observed comparing Bitcoin to gold and assigning it similar, if not better qualities as a store of value. The latest to
News • Bitcoin • Jan 27, 2021
Bitcoin is highly speculative, "hugely energy-intensive," lacks "value backing," and "may well break down altogether"—this is how Bank for International Settlements General Manager Agustin Carstens summarized his opinion on Bitcoin at a policy seminar by The Hoover Institute on Wednesday. In his talk
News • Politics • Jan 26, 2021
Blockstream is looking to expand its mining operations. As detailed in a press release shared with the BTC Times, the Bitcoin infrastructure company has purchased $25 million worth of WhatsMiner Bitcoin miners from Shenzhen-based manufacturer MicroBT, which the firm plans to deploy across its mining facilities in North America over
News • Business • Jan 26, 2021
Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most
Opinion • Bitcoin • Jan 25, 2021
Announced on Monday morning, Marathon Patent Group, a Bitcoin mining company based in North America, recently purchased $150 million worth of bitcoin. The purchase allowed the company to acquire 4,812.66 bitcoin, at an average price of $31,167. Bitcoin currently trades at $33,400 as per BTC Times
News • Bitcoin • Jan 24, 2021