In a podcast interview with tech researcher, Lex Fridman, Twitter CEO and co-founder, Jack Dorsey, referred to Bitcoin's white paper as "Poetry." "I think the Bitcoin whitepaper is one of the most seminal works of computer science in the last 20 or 30 years," Dorsey said in Fridman's April 24 podcast episode. "It's poetry," he added. Dorsey has talked about Bitcoin before Ranked 11th on Cointelegraph's top 100 most influential people in crypto and blockchain, Dorsey, who is also CEO for payments company, Square, has often spoken positively of Bitcoin. "It was something that was born on the internet, that …
With less than three weeks until the halving, the subject has overtaken the coronavirus as a leading Bitcoin narrative on Twitter — and it’s once again starting to dominate media coverage. On April 23, crypto social sentiment analysis firm TheTIE published data to Twitter showing that discussion concerning the ‘halving’ ranked as the ninth-most discussed topic related to Bitcoin (BTC) on Twitter, with 650 tweets on the topic. Bitcoin discussions relating to gold, meanwhile, comprised 690 tweets. Crypto analyst Mati Greenspan told Cointelegraph: “The virus along with the current economic situation has completely drowned out all conversation about the halving …
Blockchain banking solution Dharma has implemented a new feature called Social Payments, allowing users to send U.S. dollars to any Twitter handle. An April 21 tweet announcing the move explained that payments can be made regardless of geographical location or whether the recipient has a Dharma account. Dharma users can make payments to Twitter handles from directly within their Smart Wallet, as long as there are sufficient funds in their account. The only further step is to retweet the payment to a twitter bot, tagging the recipient so that they are notified. Payment recipients must follow the link sent by …
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Weekend trap? Bitcoin hits $7,300 in attempt to finally break out At the start of the week, we knew a big move for Bitcoin was brewing — but it was unclear whether or not the world’s biggest cryptocurrency was heading to $6,000 or $8,000. After a scary slip below $6,666, we got our answer on …
Industry players said Bitcoin's (BTC) price could be impacted once U.S. governing bodies lift COVID-19 prevention measures, such as stay-at-home orders and business closures. "When the world economies begin to recover and come back online after printing, in the case of the U.S. government trillions of dollars, Bitcoin will most likely become more bullish than we've ever seen it," Metal Pay CEO Marshall Hayner told Cointelegraph in a message, adding: "Altcoin markets with solid foundation and utility with strong usage will potentially move beyond previous heights as we will begin to see the first large crypto banking platforms like Metal …
Despite being over a decade old, Bitcoin (BTC) is still not particularly easy to understand. Even major BTC bulls like Tim Draper have admitted that Bitcoin still lacks ease of use for mainstream adoption. In the same vein, two key figures in the community held an informal Twitter debate over Bitcoin’s complexity today. Debate intro: Cuban might change his mind about Bitcoin if it gets so easy that “grandma can use it” Mark Cuban, one of the most well-known Bitcoin sceptics, prefers to own bananas than invest in bitcoins. Cuban previously criticized Bitcoin’s complexity in an interview with Anthony “Pomp” …
Cryptocurrency-related tweet volume and membership figures for Telegram crypto groups have both taken a dive since 2018 — but there are promising signs that social media engagement is starting to turn around. Joshua Frank, from analytics and finance management startup The Tie, told Cointelegraph nearly all cryptocurrencies saw a reduction in related Tweet volume from January 2018 to April 2020: “In January of 2018, Bitcoin’s 30-day average tweet volume peaked at just over 80,500 tweets per day. It has fallen 66% since that all-time high. That said, the majority of the drop off in Bitcoin Twitter volume occurred in 2018 …
Twitter CEO and Square founder Jack Dorsey has started a new fund called Start Small LLC, aimed at fighting COVID-19. He’s seeding the fund with $1 billion, roughly 28% of his wealth. He shared the news via Twitter: Source: Twitter The fund’s efforts will initially focus fighting the global pandemic currently dominating the news cycle, but will eventually switch to providing money for girl’s health, education and universal basic income (UBI) initiatives. Dorsey is really putting his money where his mouth is when it comes to taking action to improve the world: “I believe they represent the best long-term solutions …
American Institute for Economic Research editorial director Jeffrey Tucker reignited the long-running Bitcoin scaling debate with a tweet earlier today. The economist — who has long been a proponent of Bitcoin (BTC) — suggested the current price is much lower than it otherwise would have been because the underlying technology has not been “properly scaled”. On March 31, Tucker tweeted: I'm not unimpressed by a $6K price of BTC. I was blown away when the thing reached $30.00. But can you imagine the price today if the thing had properly scaled? — Jeffrey A Tucker (@jeffreyatucker) March 30, 2020 The …
Major altcoins have seen their Twitter presence greatly reduced in the wake of the recent cryptocurrency market crash. According to data from Bitinfocharts, major altcoins such as Ethereum, Litecoin, and XRP now find their Twitter mentions nearing two and even three-year lows. Meanwhile, Bitcoin’s Twitter presence doubled in the first three months of 2020, though its tweet count remains a long way off of its 2017 all-time high. XRP tweets hit 21 month low Earlier this week, on March 21st, tweets bearing the hashtag #XRP numbered 2,542. That’s a 60% drop since January 2020 alone, when XRP tweets ranged between …
Ryan Selkis, the CEO of crypto market analysis software firm, Messari, and long-time cryptocurrency commentator, has reportedly been shadow-banned on Twitter for his coverage of the coronavirus pandemic. Both twitter pages belonging to Messari and Ryan Selkis went offline for a number of hours. As of 2AM EST service to the pages seems to have been restored. Messari runs a tracking service that provides updates on the number of coronavirus cases globally, including state/provincial data for several countries. Ryan Selkis and Messari appear to stoke Twitter’s ire Selkis posted to Messari’s website on March 20 announcing that both his personal …
Two Canadian nationals have been sentenced to two years in a United States federal prison for stealing 23.2 Bitcoin (BTC) through a scam on Twitter in 2017. According to the U.S. Department of Justice, on March 17, 23-year-old Karanjit Khatar and 24-year-olds Jagroop Khatkar were formally sentenced to 24 months in prison and three years supervised release for money laundering and conspiracy to commit wire fraud. Scammers impersonate HitBTC support staff on Twitter Beginning in October 2017, the British Columbia-residents were found to have impersonated customer service representatives from the Hong Kong-based cryptocurrency exchange HitBTC. Acting under the handle “@HitBTCAssist,” …