September 13, 2022In a recent ,Elon Musk, Technoking of Tesla, attempted to both question the likelihood of continued inflation over the next couple of years, and soothe concerns of his followers looking for advice as it relates to dealing with inflation by stating “I still own & won’t sell my Bitcoin.”“What are your thoughts about probable inflation rate over next few years?” Musk asked his followers. With an inflation rate of 7.9% for the month of February 2022, this represents the highest levels of inflation since January, 1982. “Energy remained the biggest contributor (25.6% vs 27%...…September 13, 2022In a recent ,Elon Musk, Technoking of Tesla, attempted to both question the likelihood of continued inflation over the next couple of years, and soothe concerns of his followers looking for advice as it relates to dealing with inflation by stating “I still own & won’t sell my Bitcoin.”“What are your thoughts about probable inflation rate over next few years?” Musk asked his followers. With an inflation rate of 7.9% for the month of February 2022, this represents the highest levels of inflation since January, 1982. “Energy remained the biggest contributor (25.6% vs 27%...WW…

September 13, 2022“Do you hear that?”Gleb Naumenko stopped talking and allowed me to hear the air raid sirens going off behind him in the Ukrainian night, deep in the west of the country, near the border with Romania. “I’m supposed to go to a shelter,” he said, “but I’m too lazy.”We had been talking over video chat for hours about his escape from Kyiv, and his Bitcoin-powered humanitarian work inside Ukraine when the electronic wail pierced the silence behind him.“Just last week,” he said, “I was staying with some friends in the nearby countryside. A Russian hypersonic missile blew up...…September 13, 2022“Do you hear that?”Gleb Naumenko stopped talking and allowed me to hear the air raid sirens going off behind him in the Ukrainian night, deep in the west of the country, near the border with Romania. “I’m supposed to go to a shelter,” he said, “but I’m too lazy.”We had been talking over video chat for hours about his escape from Kyiv, and his Bitcoin-powered humanitarian work inside Ukraine when the electronic wail pierced the silence behind him.“Just last week,” he said, “I was staying with some friends in the nearby countryside. A Russian hypersonic missile blew up...WW…

September 13, 2022The European Union (EU) has dropped its plans to impose a de-facto ban on bitcoin mining and related activities that could allegedly hurt the region’s efforts to promote sustainable technologies, according to multiple reports.The proposed de-facto ban on the Proof-of-Work (PoW) consensus mechanism was part of a major draft bill in the EU, the , introduced in 2020 to tighten regulation around Bitcoin and cryptocurrency by establishing a more detailed and streamlined regulatory framework across the continent.“It seems that reason and common sense prevailed,” Paris MEP Pierre...…September 13, 2022The European Union (EU) has dropped its plans to impose a de-facto ban on bitcoin mining and related activities that could allegedly hurt the region’s efforts to promote sustainable technologies, according to multiple reports.The proposed de-facto ban on the Proof-of-Work (PoW) consensus mechanism was part of a major draft bill in the EU, the , introduced in 2020 to tighten regulation around Bitcoin and cryptocurrency by establishing a more detailed and streamlined regulatory framework across the continent.“It seems that reason and common sense prevailed,” Paris MEP Pierre...WW…

September 13, 2022Lightning Network payments platform Strike has announced its newest feature, Pay Me In Bitcoin, which will allow users to programmatically convert a portion of or all of their income into bitcoin in the app by using their bank account and routing numbers.“I am unbelievably excited to announce and publicly release Pay Me in Bitcoin with Strike,” the company founder Jack Mallers wrote in an announcement post shared with Bitcoin Magazine. “Today, anyone with a Strike account, no matter their employer, can get paid in bitcoin.”Pay Me In Bitcoin seeks to enable financial...…September 13, 2022Lightning Network payments platform Strike has announced its newest feature, Pay Me In Bitcoin, which will allow users to programmatically convert a portion of or all of their income into bitcoin in the app by using their bank account and routing numbers.“I am unbelievably excited to announce and publicly release Pay Me in Bitcoin with Strike,” the company founder Jack Mallers wrote in an announcement post shared with Bitcoin Magazine. “Today, anyone with a Strike account, no matter their employer, can get paid in bitcoin.”Pay Me In Bitcoin seeks to enable financial...WW…

September 13, 2022The two-year anniversary of the first of three coronavirus economic impact payments (aka, stimulus “stimmy” checks) deposited in U.S. taxpayers’ bank accounts , and headlines about monetary inflation, possible economic recession and generally grim financial tailwinds . The ethos of Bitcoin stands diametrically opposed to the perceived reckless spending and money printing that characterized the past two years, specifically with Bitcoin miners tasked with issuing new units of bitcoin at predetermined, unmalleable intervals. So, at this point, perhaps it’s appropriate to look...…September 13, 2022The two-year anniversary of the first of three coronavirus economic impact payments (aka, stimulus “stimmy” checks) deposited in U.S. taxpayers’ bank accounts , and headlines about monetary inflation, possible economic recession and generally grim financial tailwinds . The ethos of Bitcoin stands diametrically opposed to the perceived reckless spending and money printing that characterized the past two years, specifically with Bitcoin miners tasked with issuing new units of bitcoin at predetermined, unmalleable intervals. So, at this point, perhaps it’s appropriate to look...WW…

September 13, 2022The United States Treasury Department released a today announcing new sanctions aimed at bitcoin mining in Russia for their ongoing war in Ukraine, as they are the third-largest bitcoin miner in the world to the University of Cambridge.The Treasury department stated that reliance on fiat payments and the importation of computer equipment makes Russia vulnerable to sanctions if the U.S focuses on hindering the companies providing those services.Since government entities cannot stop the actual process of mining bitcoin, the U.S Treasury decided to utilize other attack...…September 13, 2022The United States Treasury Department released a today announcing new sanctions aimed at bitcoin mining in Russia for their ongoing war in Ukraine, as they are the third-largest bitcoin miner in the world to the University of Cambridge.The Treasury department stated that reliance on fiat payments and the importation of computer equipment makes Russia vulnerable to sanctions if the U.S focuses on hindering the companies providing those services.Since government entities cannot stop the actual process of mining bitcoin, the U.S Treasury decided to utilize other attack...WW…

September 13, 2022In a first for Canada, Conservative Party leadership candidate Pierre Poilievre is campaigning to bring Bitcoin adoption to Canadians as a way to give people control and autonomy over their own finances.To large crowds, unprecedented for a party leadership campaign, the long-time member of parliament and Conservative finance critic , “We need to give people the freedom to choose other money. If the government is going to abuse our cash, we should have the right to opt to use other, higher-quality cash.”As Canadian elites watch nervously, Canadian politics is changing...…September 13, 2022In a first for Canada, Conservative Party leadership candidate Pierre Poilievre is campaigning to bring Bitcoin adoption to Canadians as a way to give people control and autonomy over their own finances.To large crowds, unprecedented for a party leadership campaign, the long-time member of parliament and Conservative finance critic , “We need to give people the freedom to choose other money. If the government is going to abuse our cash, we should have the right to opt to use other, higher-quality cash.”As Canadian elites watch nervously, Canadian politics is changing...WW…

September 13, 2022It was an honor to take part in this year’s Conference in Miami. The inspiring conversations that took place at the convention center are what fuels the work we do. The discussions that really spoke to me were those centered around education and global Bitcoin adoption. I emphasized this point during the panel on “:” Everything we do has to be focused on global adoption and it’s imperative that we shift our focus to build products for real people and products that have real use cases. Several panels during the conference echoed this same sentiment. A few of my favorite...…September 13, 2022It was an honor to take part in this year’s Conference in Miami. The inspiring conversations that took place at the convention center are what fuels the work we do. The discussions that really spoke to me were those centered around education and global Bitcoin adoption. I emphasized this point during the panel on “:” Everything we do has to be focused on global adoption and it’s imperative that we shift our focus to build products for real people and products that have real use cases. Several panels during the conference echoed this same sentiment. A few of my favorite...WW…

September 14, 2022This article is part of a series of adapted excerpts from “Bitcoin Is Venice” by Allen Farrington and Sacha Meyers, ..“No intelligent student of modern events can possibly have overlooked the vast change which the last fifty years has wrought on the enhancement of the influence of finance as a social factor overshadowing all other contemporaneous forces, with the exception of religion and love. Contemplating the ceaseless and irresistible advance of the financial power, and the simultaneous weakening of those authorities which base their claims on political predominance,...…September 14, 2022This article is part of a series of adapted excerpts from “Bitcoin Is Venice” by Allen Farrington and Sacha Meyers, ..“No intelligent student of modern events can possibly have overlooked the vast change which the last fifty years has wrought on the enhancement of the influence of finance as a social factor overshadowing all other contemporaneous forces, with the exception of religion and love. Contemplating the ceaseless and irresistible advance of the financial power, and the simultaneous weakening of those authorities which base their claims on political predominance,...WW…

September 13, 2022This is an opinion piece about BIP119 (OP_CTV). If you would like to submit a counter argument, please Bitcoin Magazine.Decentralized consensus isn’t easy. There’s a reason most companies have CEOs, and “non-hierarchical” organizations tend not to function well for long. Bitcoin’s decentralized governance is harder still: On top of decentralization, we layer a relative lack of official processes, standards and norms for group decision-making — we even lack clarity around when to make a decision at all.Jeremy Rubin’s recent proposal of a for Bitcoin improvement proposal...…September 13, 2022This is an opinion piece about BIP119 (OP_CTV). If you would like to submit a counter argument, please Bitcoin Magazine.Decentralized consensus isn’t easy. There’s a reason most companies have CEOs, and “non-hierarchical” organizations tend not to function well for long. Bitcoin’s decentralized governance is harder still: On top of decentralization, we layer a relative lack of official processes, standards and norms for group decision-making — we even lack clarity around when to make a decision at all.Jeremy Rubin’s recent proposal of a for Bitcoin improvement proposal...WW…