While Switzerland holds the spotlight for being the most crypto-friendly jurisdiction in Europe, Portugal is picking up the pace. Indeed, the Republic offers more than just quality of life improvements for Bitcoin (BTC) owners, including an attractive fiscal environment and a growing Bitcoiner community. Cointelegraph recently interviewed the Bitcoin Family, who recently relocated to Portugal, learning that there was more to the move than pursuing "300 days of sunshine" and "cheap coffee." Didi Taihuttu, father and husband to the Bitcoin Family, first spoke to Cointelegraph six years ago. In 2016, he rose to crypto fame after selling all his family’s …
February is Black History Month, and it’s worth recounting that cryptocurrency and blockchain technology have already had a significant impact on the African-American community. Peoples of color own cryptocurrencies at consistently higher levels than white people, surveys show, while anecdotal evidence suggests crypto has also unleashed a wave of innovation and entrepreneurial energy in the Black community — from New York City’s new mayor converting his first paycheck into crypto to basketball star Kevin Durant launching a new special-purpose acquisition company to focus on cryptocurrencies and blockchain. And all this may just be scratching the surface. “Blockchain has the potential …
Rafael ‘Ted’ Cruz, the junior Republican senator from Texas, is putting his money where his mouth is. According to a financial disclosure filed on Friday 4th Feb, Cruz bought between $15k and $50k worth of Bitcoin (BTC) on January 25th, using the River brokerage. At the time, Bitcoin was trading between $36k and $37k, and over the subsequent days it has risen to a current price of around $41,600. Assuming he hasn't sold his bitcoins and incurred any short term capital gains taxes, his current profit on the transaction is in the region of $2,000 - $6,850. Following the example …
El Salvador adopted Bitcoin (BTC) as legal tender over four months ago on Sept. 7, 2021. Bitcoiners around the world have been watching with intent as the president of El Salvador, Nayib Bukele, attempts to “orange-pill” an entire nation. The president regularly buys the dip, has promised a low-tax Bitcoin “Citadel” in the form of Bitcoin City, and is exploring renewable energy BTC mining using volcanoes. But what is it like for those living day to day in the smallest Central American country, known as “the land of volcanoes”? Moreover, what’s it like trying to live off only Bitcoin? An …
Developer Samuel Dobson announced via a series of tweets on Thursday night that he is stepping down as a Bitcoin Core maintainer after 3 years. His reason being that he “can no longer dedicate the time required, as I approach the end of my PhD.” I am officially stepping down as a maintainer of Bitcoin Core. Serving as the wallet maintainer for the past three years has been an absolute privilege, and I want to thank my incredibly generous sponsor John Pfeffer (@jlppfeffer) for his support throughout. /1 — Samuel Dobson (@meshcollider) December 9, 2021 As a Bitcoin Core wallet …
Michael Saylor, CEO of enterprise data analytics company MicroStrategy, announced Monday morning via a Twitter post and company filing that the firm purchased an additional 7,002 Bitcoin (BTC) worth approximately $414.4 million and an average price of $59,187 per coin. MicroStrategy sold 571,001 shares of company stock between Oct. 1 and Nov. 29 at $732.16 apiece, raising a total of $414.4 million in cash. MicroStrategy has purchased an additional 7,002 bitcoins for ~$414.4 million in cash at an average price of ~$59,187 per #bitcoin. As of 11/29/21 we #hodl ~121,044 bitcoins acquired for ~$3.57 billion at an average price of …
The iconic Bitcoin (BTC) white paper celebrates thirteen years of financial disruption after being first published on Oct. 31, 2008, by an anonymous person or entity named Satoshi Nakamoto. The white paper, titled Bitcoin: A Peer-to-Peer Electronic Cash System, foresaw the need for a peer-to-peer online payment system that is self-governing, secure and limited in quantity. The Bitcoin network was launched on Jan. 03, 2009, having each Bitcoin priced at $0.0008. While Bitcoin was initially perceived as a threat by traditional financial institutions, thirteen years of community support and a growing user base have made Bitcoin one of the most …
Twitter user Lauren Walker tweeted a message claiming she was “stealing” nonfungible tokens (NFT), only to have Crypto Twitter turn around and mint her words into a token listing for thousands of dollars. In a Saturday post on Twitter, Walker mockingly said her current collection of NFTs was valued at more than $8 trillion, given that she claimed she has right-clicked on the images and saved them to her drive. The message ignores the verifiable scarcity underpinning tokenizing images and artwork, but Walker said she had “a real job” and dismissed criticism from the community. i have stolen over 4 …
Between Bitcoin (BTC) breaking the $50,000 hurdle and the upswell in the altcoin markets, crypto has never been more appealing to speculators. But, stacking profits through trading is worthless unless that money is spent. Luckily, charitable organizations are waking up to the possibility of crypto donations as the world embraces crypto. For blockchain entrepreneur Wendy O, when a local gym was in jeopardy, she knew to tap into crypto Twitter for help. Using social media, her YouTube channel and Tik-Tok, the influencer sent out the call to save a business dear to her heart. The Self Care Lab is a …
It is no longer possible to download the Bitcoin Core software from Bitcoin.org if you visit the website with a United Kingdom internet protocol (IP) address. A notice on the website reads: “This software is presently not available for download in the UK, and download links will not work if you are located within the United Kingdom.” Indeed, attempting to proceed with downloading the Bitcoin (BTC) software from the site using a U.K. IP returns a “404 error.” Detailing the reason for blocking access to the software download for U.K. site visitors, Bitcoin.org’s pseudonymous owner Cøbra responded to a tweet …
Bitcoin has a good chance of becoming the world’s reserve currency, although we are “at least 10 years away from that,” said Dan Held, Kraken's head of growth, in an exclusive interview with Cointelegraph. According to Held, the transition to "hyperbitcoinization" — a world where Bitcoin (BTC) is adopted by billions of users — starts with retail users, then institutional investors, and finally, governments getting involved. The permissionless nature of Bitcoin is the fundamental property that is leading this transition. “It’s true, free money. It’s money that no one can control other than you,” he pointed out. He said that …
In an exclusive interview with Cointelegraph during Bitcoin 2021 in Miami, Greenspan criticized a segment of Bitcoin (BTC) maximalists for being “small-minded and insecure,” pointing out that they don't have control over the main cryptocurrency. “They cannot stop any kind of innovation from happening. So let them yap, it doesn't bother me,” said Mati Greenspan, founder and CEO of Quantum Economics, about Bitcoin maximalists. Greenspan‘s statements came a few days after a number of Bitcoin hardliners attacked him on Twitter for calling the Bitcoin conference in Miami “a crypto conference.” Greenspan’s inclusive view on crypto is also reflected in his …