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U.S. Government Agencies and Ripple’s University Blockchain Research Initiative Have Teamed Up Against Proof-of-Work Mining
U.S. Government Agencies and Ripple’s University Blockchain Research Initiative Have Teamed Up Against Proof-of-Work Mining
News  •  Bitcoin  •  Jan 19, 2022 by Deniz Saat

The Department of Treasury, National Bureau of Economic Research, and Ripple’s University Blockchain Research Initiative published a paper in May last year that analysed the effect of cryptocurrency mining on local electricity price increases.  The document, authored by Berkeley researchers Matteo Benetton, Adair Morse, and Giovanni Compiani from the

Canadian MP Gives Colleagues a Lesson On Money, Debasement, Inflation
Canadian MP Gives Colleagues a Lesson On Money, Debasement, Inflation
News  •  Bitcoin  •  Jan 17, 2022 by Deniz Saat

Pierre Poilievre, a Member of Canadian Parliament for Carleton, Ontario, recently spoke in Parliament about money, currency debasement, and inflation. Poilievre is a Conservative known for championing the free market and limiting government overreach. On January 16th of 2022, Poilievre posted a video on Twitter with accompanying text asking “What

EU Regulators Question Whether to Ban Bitcoin Mining
EU Regulators Question Whether to Ban Bitcoin Mining

EU regulators have recently raised the question of whether or not bitcoin mining should be banned in Europe. Bitcoin’s proof of work protocol was one of the primary drivers behind the discussion as some believe it may pose a threat to the continent’s goals of supporting climate change.

News  •  Bitcoin  •  Jan 19, 2022
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EU Regulators Question Whether to Ban Bitcoin Mining
EU Regulators Question Whether to Ban Bitcoin Mining

EU regulators have recently raised the question of whether or not bitcoin mining should be banned in Europe. Bitcoin’s proof of work protocol was one of the primary drivers behind the discussion as some believe it may pose a threat to the continent’s goals of supporting climate change.

News  •  Bitcoin  •  Jan 19, 2022
U.S. Government Agencies and Ripple’s University Blockchain Research Initiative Have Teamed Up Against Proof-of-Work Mining
U.S. Government Agencies and Ripple’s University Blockchain Research Initiative Have Teamed Up Against Proof-of-Work Mining

The Department of Treasury, National Bureau of Economic Research, and Ripple’s University Blockchain Research Initiative published a paper in May last year that analysed the effect of cryptocurrency mining on local electricity price increases.  The document, authored by Berkeley researchers Matteo Benetton, Adair Morse, and Giovanni Compiani from the

News  •  Bitcoin  •  Jan 19, 2022
Canadian MP Gives Colleagues a Lesson On Money, Debasement, Inflation
Canadian MP Gives Colleagues a Lesson On Money, Debasement, Inflation

Pierre Poilievre, a Member of Canadian Parliament for Carleton, Ontario, recently spoke in Parliament about money, currency debasement, and inflation. Poilievre is a Conservative known for championing the free market and limiting government overreach. On January 16th of 2022, Poilievre posted a video on Twitter with accompanying text asking “What

News  •  Bitcoin  •  Jan 17, 2022
Rio De Janeiro Considering 10% Discount for Bitcoin Tax Payments, 1% Treasury Allocation to Cryptocurrency
Rio De Janeiro Considering 10% Discount for Bitcoin Tax Payments, 1% Treasury Allocation to Cryptocurrency

During the Rio Innovation Week conference, Paes stated “We are going to launch Cripto Rio and invest 1% of the Treasury in cryptocurrency”.  Miami Mayor Francis Suarez also made an appearance to discuss the possibility of utilizing cryptocurrencies within Rio. Paes plans to do something similar to what Suarez has

News  •  Bitcoin  •  Jan 14, 2022
House Committee Announces Hearing on Energy Footprint of Digital Assets
House Committee Announces Hearing on Energy Footprint of Digital Assets

The U.S. has now become the world’s leading nation in Bitcoin and other digital asset mining after a historical miner exodus from China in the summer of 2021. Miners in Kazakhstan, the second biggest mining nation by hashrate, have also experienced disruption to their operations due to recent

News  •  Bitcoin  •  Jan 13, 2022
Local Council In Bid To Attract Talent with Offer of Free Bitcoin
Local Council In Bid To Attract Talent with Offer of Free Bitcoin

The Northwestern Arkansas Council has launched an initiative to attract talent to the Northwestern region of Arkansas by offering free bitcoin to individuals. Accepting individuals will be given up to $10,000 worth of free Bitcoin to help with relocation.  The region has witnessed growth in both the tech and

News  •  Bitcoin  •  Jan 12, 2022
US House Rep. Tom Emmer Proposes Bill to Prohibit Federal Reserve CBDC Implementation
US House Rep. Tom Emmer Proposes Bill to Prohibit Federal Reserve CBDC Implementation

US Rep. Tom Emmer (R-Minn.) proposed the two-page bill on Wednesday and shared a series of Tweets outlining his concerns with the potential launch of a Central Bank Digital Currency (CBDC) in the US.  The Rep. from Minnesota highlighted that a US CBDC implementation should ensure it “protects financial privacy,

News  •  Bitcoin  •  Jan 12, 2022
US December Inflation Sees Further Increase, Highest Since 1982
US December Inflation Sees Further Increase, Highest Since 1982

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5% month-to-month in December. This is a decrease in growth from November’s 0.8% figure. Year-on-year, the index rose by 7%, the largest 12-month increase since June 1982. The monthly changes for each sub-index are as follows: * Food:

News  •  Politics  •  Jan 11, 2022
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