Bitcoin is becoming one of the biggest buzzwords in the world. Data from a July 2021 survey conducted by analysis firm Exploding Topics found that roughly 1,700 American adults, or 89% of participants, had heard of Bitcoin. A recent survey from the cryptocurrency platform Paxful also found that 95% of women out of 1,555 females polled in the United States were familiar with Bitcoin. While Bitcoin’s (BTC) presence is notable, there still seems to be a lack of understanding regarding BTC and cryptocurrency. For instance, Paxful’s survey discovered that 43% of women polled in the United States want to learn …
What do a swimming pool, beef jerky, a caravan, timber, animal waste, a Guatemalan lake and a high school have in common? They’ve all been saved by Bitcoin (BTC) mining. From reusing “waste” heat to getting the job done — to receiving a cool blast of air to dehydrate meat, to cleaning up pollutants, Bitcoin mining does more than just secure the network. Here’s a round-up of seven times Bitcoin mining lent a hand or simply made the world a better place. Free Bitcoin mining education in Washington Sustainable Bitcoin mining company Merkle Standard has taken Bitcoin mining education into …
Day two of the Bitcoin 2022 in Miami was as colorful as we’ve come to expect, with Pay-Pal co-founder and venture capitalist Peter Thiel offering up his Bitcoin “enemies list” while Mexico’s third-richest man, Ricardo Salinas revealed he has 60% of his portfolio in Bitcoin. Thiel, one of the keynote speakers, took to the main Nakamoto stage of the conference in the early afternoon and kicked the speech off in style by throwing a wad of $100 bills into the crowd in an attempt to explain the difference between crypto and government-backed fiat currency. As the crowd quickly reached for …
A Bitcoin (BTC) hostel is coming to Portugal’s shores. As it’s Europe’s first Bitcoin-only hostel, Cointelegraph spoke with the founders to find out how Bitcoin shapes the business model, from planning to architecture to the community. The Bitcoin Hostel is a homestay and hangout where Bitcoin (Lighting or on-chain) is the only acceptable payment method — a space where “the spirit of Bitcoin” shapes the decision-making process. The hostel was founded by Berliners Albert Wolframm and his girlfriend, Valeria Padimiglio. “She’s the business part, and I’m the architecture part, but I’m also more into Bitcoin,” he jokes. The Bitcoin Hostel …
The 19th millionth Bitcoin (BTC) was mined today, a landmark occasion for the number one c. 19 million Bitcoin are now in circulation, with just 2 million Bitcoin yet to be minted (or mined) until roughly the year 2140. In block 730002, mined by SBI Crypto, the 19 millionth Bitcoin entered circulation. SBI crypto earned 6.32 BTC, roughly $293,000 for the trouble in transaction fees and block reward. A momentous occasion, the Bitcoin community was quick to celebrate the milestone event. The 19,000,000th bitcoin was just mined. Only 2 million more bitcoin to go. — Pomp (@APompliano) April 1, 2022 …
There is “grassroots evidence” that “America is adopting Bitcoin,” according to Clay Graham, founder of Rapaygo and a Bitcoin Lightning Network (LN) enthusiast. At a Bitcoin Lightning festival held in Portland, United States over the weekend, the Bitcoin LN clocked more than $200 (four million Sats) in just three hours. Hailed as “Puddle Town on Lightning Rails,” Portland’s Bitcoin Party was a space where “vendors, food carts, artists all accept Bitcoin.” Graham told Cointelegraph that there was also a “food cart pod” that acted as a “business attraction destination to Bitcoin fans who want a Bitcoin beach type experience.” Fiat …
It’s not every day that a country’s leader endorses a cryptocurrency project. Nayib Bukele, the President of orange-pilled El Salvador, was the first leader to endorse Bitcoin (BTC). Now, the Prime Minister of Vanuatu, the Honourable Bob Loughman, has officially given the green light to Satoshi Island. Satoshi Island is the megaproject crypto utopia in the South Pacific, which recently disclosed to Cointelegraph the vision, progress and preparation. Hot on the heels of news that they received 50,000 citizenship NFT applications, the PM of Vanuatu has given his blessing to “watching the development of Satoshi Island unfold.” For the team …
Step aside, El Salvador, there’s a new Bitcoin-centric destination on the map. As a 32-million-square-foot private island sanctuary in the remote South Pacific, Satoshi Island is a “place for the crypto community to call home.” A combination of honeymoon getaway, Bond-villain hideout and naturalist paradise, there’s one enigmatic exception to Satoshi Island: it’s 100% crypto. Talking to Cointelegraph, the Satoshi Island team of Denys Troyak, James Law, Taras Filatov and Benjamin Nero mentioned that it is: “A true crypto-economy where everything will be paid for in crypto and all ownership on the island is represented with NFTs.” With its name …
The crypto ecosystem houses some devoted followers who got the logo of their favorite cryptocurrency etched on their skin for life. According to the latest data from Crypto Head, more than 900 people worldwide have inked themselves with the Bitcoin (BTC) “B”, while Dogecoin (DOGE) tattoos and Ethereum (ETH) tattoos are on the rise. The research analyzed “Instagram hashtags and Google search volumes,” revealing crypto tattoo searches have increased by 222%. Despite lackluster price action, more and more crypto enthusiasts seek to get inked with a crypto logo. The making off my #bitcoin Freedom Tattoo!! Show me your #crypto tattoo …
Bitcoin is for everyone. That includes teenagers, children, toddlers and even newborns. When these kids grow up, they’ll use the Bitcoin (BTC) protocol, so it “makes sense to start to integrate Bitcoin into learning as early as possible.” At least, that’s according to Scott Sibley, one-half of the couple behind the creation of the Shamory Bitcoin game and the ‘Goodnight Bitcoin’ children’s bedtime book. He joins a growing list of Bitcoin children’s book authors who care deeply about educating children on Bitcoin and money. Sibley and his wife are firm believers that “kids can learn much faster, and earlier than …
Republican Senator Ted Cruz during his Conservative Political Action Conference (CPAC) speech on Friday advocated for Bitcoin (BTC) again while lauding its decentralization. Cruz said he is very bullish on Bitcoin because it is highly decentralized and cannot be controlled by any government or entity. He went on to cite the example of an ongoing issue in Canada, where the government enforced emergency laws as a retaliation to the Freedom Convoy trucker’s protest against COVID-19 mandates. The Canadian government asked financial institutions and banks to freeze accounts of protesters followed by an order to crypto exchanges and crypto wallet service …
El Salvador President Nayib Bukele wants to offer citizenship to those who invest in the small Central American nation. President Bukele took to Twitter to inform the crypto community on Sunday that he was sending a list of 52 legal reforms to Congress. Among the most notable proposals, Bukele called for the removal of red tape, reducing bureaucracy, creating tax incentives and most importantly offering citizenships to foreigners looking to invest in the nation. I’m sending 52 legal reforms to congress, to remove red tape, reduce bureaucracy, create tax incentives, citizenship in exchange for investments, new securities laws, stability contracts, …