Max Hillebrand On Wasabi And Crypto Anarchy – Bitcoin Magazine

Bitcoin Magazine Bitcoin Magazine is the oldest and most established source of news, information and expert commentary on Bitcoin, its underlying blockchain technology and the industry that has grown up around it. Since 2012, Bitcoin Magazine has provided analysis, research, education and thought leadership at the intersection of finance and technology. Source link

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Remembering Room77, Bitcoin’s Favorite Bar – Bitcoin Magazine

Amid the seemingly nonstop flow of wild events in 2020, including the COVID-19 pandemic, the start of the next bitcoin bull run and copycat bacon cheeseburger token scams (more on that later), the legendary Room77 has now officially closed for good. The Room77 was the first brick-and-mortar business to accept bitcoin. You could pay for your drinks, burgers and for a slightly overpriced hot chocolate (more on that later, too).  I would visit the “Room” several times a year while visiting Berlin and have probably paid for some — now…

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Printing Is The Plague, Bitcoin Is The Cure – Bitcoin Magazine

In this episode of the Bitcoin Magazine Podcast, CK sits with Thib Maréchal to discuss the history of money printing and how Bitcoin offers humanity a solution to this great plague. Thib, who works at Bitcoin custody provider Knox, expands on his recent article for Bitcoin Magazine on seigniorage, the long history of money printing and the importance of Plan B. “In this brief essay, we will try to dissect the fundamentally flawed nature of alternative digital currencies, observe bitcoin as a pragmatic monetary evolution in contrast to shitcoinery’s ‘technology…

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How Bitcoin Mixers Help Protect Privacy – Bitcoin Magazine

This is a promoted article provided by bitcoinmix.org. Bitcoin mixers are services that mix BTC from different sources to obscure their transaction history. Using these services, Bitcoiners can protect their privacy and keep prying eyes from assessing the history of their funds or other information about them. Bitcoin addresses are pseudonymous, and don’t inherently reveal the specific real-world identity of their owners, but they can be traced back to exchanges or other points at which an owner may have revealed their real-world identity. Blockchain analysis techniques are capable of deriving…

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In Trading Hours, Bitcoin Is A Mature Asset – Bitcoin Magazine

Bitcoiners have to endure a lot of criticism from those who are still skeptical of the digital asset. A lot of the time, this skepticism comes from misunderstandings about the true nature of what the network is capable of. Headlines like “Bitcoin Was Hacked,” “Bitcoin Is Used By Criminals,” and “Bitcoin Is Bad For The Environment” are examples of the common misunderstandings that Bitcoiners have to disprove to their colleagues, friends and family whenever the topic comes up.  One such argument that may be difficult to counter is the fact…

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Sync Bitcoin Faster! Assume UTXO – Bitcoin Magazine

On this episode of The Van Wirdum Sjorsnado, Aaron and Sjors discuss “Assume UTXO,” a proposal and project by Chaincode Labs alumnus James O’Beirne. One of the biggest, if not the biggest, bottlenecks for scaling Bitcoin is initial block download: the time it takes for a Bitcoin node to synchronize with the Bitcoin network, as it needs to process all historic transactions and blocks in order to construct the latest UTXO-set: the current state of bitcoin-ownership. Aaron and Sjors explain some of the ways sync-time has been sped up over…

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PayPal Doesn’t Bring Users To The Bitcoin Network – Bitcoin Magazine

Article image created by cryptograffiti. News broke on the morning of October 21 2020, that PayPal would grant its users the ability to purchase, sell and hold bitcoin within its app. PayPal’s stock price rose 4.65 percent on the news, and the bitcoin price continued its rise from $11,400 to $12,700 by midday. There is no denying that PayPal is a monster in the mobile and digital payment processing space. Since the lockdowns stemming from the spread of COVID-19, consumers and businesses are transacting with cash less often, and more…

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How Corporate Bitcoin Treasuries Help Us All – Bitcoin Magazine

The last three months in Bitcoin have been marked by large corporate entities transitioning significant portions of their treasury holdings into bitcoin. In August, software intelligence company MicroStrategy announced that it purchased 0.1 percent of the total BTC supply (its CEO Michael Saylor has since gone full maxi, and become a bit of a celebrity in the space). Major payments company Square, which has been offering BTC exposure to users of its mobile payments platform for some time, allocated $50 million of its assets to bitcoin in early October. And…

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Curv Adds To Series A With Franklin Templeton – Bitcoin Magazine

Curv, an institutional crypto asset custody provider, today announced that global investment firm Franklin Templeton and fintech-focused venture capital firm Illuminante Financial Management have joined its Series A funding round — which already included CommerzVentures, Coinbase, Digital Currency Group, Team8 and Digital Garage. “Curv is driving traditional institutional and crypto native demand for digital assets through multi-party computation (MPC) security technology, a critical requirement to safely transfer, store and manage any digital asset on any blockchain or DLT,” according to a press release shared with Bitcoin Magazine. “Their solution is…

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The Fed Considers CBDCs And Bretton Woods 2.0 – Bitcoin Magazine

Where to listen: The IMF panel on cross-border payments was a Central Bank Digital Currency (CBDC) discussion in disguise, headlined by Jerome Powell, chairman of the Federal Reserve.  The CBDC narrative is the central bank version of the hype around blockchain technologies that rose from 2016 to 2018. Back in 2019, the International Monetary Fund (IMF) began dipping its toe into the CBDC idea. That naturally spread to emerging markets, where we see the majority of interest today. In a recent episode of “Fed Watch,” CK and I try to…

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