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Foreign Bitcoin Investors to Be Tax-Exempt in El Salvador
Foreign Bitcoin Investors to Be Tax-Exempt in El Salvador
News  •  Politics  •  Sep 12, 2021 by Jeannie Bennett

El Salvador made history on Tuesday, September 7th as the first country to make Bitcoin legal tender. 72 hours later, a government advisor for the Central American country revealed it will exempt foreign investors from paying taxes on Bitcoin profits, both on capital gains and income in bitcoin. With this

Twitter in Outrage as CNBC, Reuters Run Fake Litecoin Story
Twitter in Outrage as CNBC, Reuters Run Fake Litecoin Story
News  •  Business  •  Sep 12, 2021 by Thomas M

Hasty reporting and subpar fact-checking caught a number of the world's leading media outlets in an awkward situation on Monday as a fake press release made it into their headlines. "Walmart to accept payments with cryptocurrencies using Litecoin," a CNBC article headline originally read, in the

New Documentary Tackles Bitcoin Energy FUD
New Documentary Tackles Bitcoin Energy FUD

A new Bitcoin movie has hit the screens. This Machine Greens, a documentary by award-winning filmmaker Jamie King (“Steal This Film”), premiered this week on YouTube. The crowd-funded documentary, produced by Enrique Posner, explores the relationship of Bitcoin to energy and examines critics’ claims that bitcoin mining is “dirty.” The

News  •  Politics  •  Sep 14, 2021
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New Documentary Tackles Bitcoin Energy FUD
New Documentary Tackles Bitcoin Energy FUD

A new Bitcoin movie has hit the screens. This Machine Greens, a documentary by award-winning filmmaker Jamie King (“Steal This Film”), premiered this week on YouTube. The crowd-funded documentary, produced by Enrique Posner, explores the relationship of Bitcoin to energy and examines critics’ claims that bitcoin mining is “dirty.” The

News  •  Politics  •  Sep 14, 2021
Foreign Bitcoin Investors to Be Tax-Exempt in El Salvador
Foreign Bitcoin Investors to Be Tax-Exempt in El Salvador

El Salvador made history on Tuesday, September 7th as the first country to make Bitcoin legal tender. 72 hours later, a government advisor for the Central American country revealed it will exempt foreign investors from paying taxes on Bitcoin profits, both on capital gains and income in bitcoin. With this

News  •  Politics  •  Sep 12, 2021
Twitter in Outrage as CNBC, Reuters Run Fake Litecoin Story
Twitter in Outrage as CNBC, Reuters Run Fake Litecoin Story

Hasty reporting and subpar fact-checking caught a number of the world's leading media outlets in an awkward situation on Monday as a fake press release made it into their headlines. "Walmart to accept payments with cryptocurrencies using Litecoin," a CNBC article headline originally read, in the

News  •  Business  •  Sep 12, 2021
Blockstream and Investment Bank Macquarie Launch Bitcoin Mining Pilot
Blockstream and Investment Bank Macquarie Launch Bitcoin Mining Pilot

Bitcoin infrastructure firm Blockstream has partnered with Macquarie Group to build a new bitcoin mining facility with a focus on carbon-neutral energy sources. Macquarie is an Australian investment bank with more than $400 billion in assets under management. The group has been heavily involved in supporting renewable energy developments and

News  •  Business  •  Sep 08, 2021
Starbucks, McDonald's, Pizza Hut: El Salvador Merchants Now Accept Bitcoin
Starbucks, McDonald's, Pizza Hut: El Salvador Merchants Now Accept Bitcoin

As El Salvador became the first country to accept bitcoin as a legal currency, many merchants in the country of 6.5 million began accepting bitcoin. From McDonald's to Pizza Hut, Salvadorans can now make their purchases with bitcoin. Since September 7th, dubbed "Bitcoin Day" by

News  •  Politics  •  Sep 06, 2021
It's Bitcoin Day: El Salvador Buys 400 Bitcoin as Bitcoin Law Goes Into Effect
It's Bitcoin Day: El Salvador Buys 400 Bitcoin as Bitcoin Law Goes Into Effect

It's Bitcoin Day — the "Ley Bitcoin" (Bitcoin Law) has gone into effect in El Salvador, officially making the country the first in the world to adopt Bitcoin as legal tender. To kick off the historic day, El Salvador's president Nayib Bukele took to Twitter

News  •  Economy  •  Sep 01, 2021
Twitter Appears to Be Beta Testing a Lightning Tipping Feature
Twitter Appears to Be Beta Testing a Lightning Tipping Feature

Twitter appears to be testing a new feature in beta that has bitcoiners excited. A screenshot picturing what looks like a Twitter beta interface emerged on social media on Wednesday, showing instructions on how to use the Lightning Network to receive tips; a report by MacRumors mentions that "code

News  •  Business  •  Aug 31, 2021
Belarusian President Urges Country to Mine Cryptocurrencies
Belarusian President Urges Country to Mine Cryptocurrencies

Belarusian president Alexander Lukashenko has called on the country's workers to mine cryptocurrencies rather than "pick strawberries" on farms abroad. Speaking at the opening of the Petrikovsky mining and processing plant on August 27th, Lukashenko advocated for the more efficient use of energy, of which he

News  •  Politics  •  Aug 31, 2021
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