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Is Bitcoin really worth the increase in our carbon footprint? “Bitcoin accounts for roughly 0.25 percent of the world’s entire electricity consumption.”
The introduction is a snooze. However 'the meat' - statistics presented - rises eyebrows. "In this article I quantify scarcity using stock-to-flow, and use stock-to-flow to model bitcoin’s value."
“The industry is seeing unprecedented institutional interest for the first time in Bitcoin’s history,” he said. “I’ve been amazed that the strongest believers in cryptocurrency often start out the most skeptical. It’s a healthy skepticism. But at some point the perception shifts, and for many institutions — I think we’re ...Read More
Coinbase Commerce — the Easiest Way for #Merchants to Accept Digital Currencies Like #Bitcoin Cash (#BCH) @Coinbase Commerce can be directly integrated into a merchant’s checkout flow or added as a #payment option on an #ecommerce platform. ...Read More
"..the more you hold it, the more you’re contributing to increasing its value, the more mining rewards are being handed out, the more electricity’s being wasted on mining.”
"The major tax reform passed in Congress this week contains a tweak that eliminates an exemption for many “like kind exchanges,” which lets people swap an asset for a similar one without triggering a tax obligation. Until now, some investors have relied on the law to exchange one digital currency ...Read More
An excellent article predicting the future of bitcoin, Blockchain, global finance and the AI systems that will run them.
‘The whole motivation of Bitcoin and similar systems is to create a digital substitute for gold, The aim is to break away, as the advocates see it, from a state monopoly of the issue of currency and a dependence on the international clearing bank system of payment. The idea that ...Read More
Mine cryptocurrency in a browser tab, donate the spoils to the charity of your choice. #concept