Bitcoin News Radio Show, 6th September 2018
Listen to the 6 September 2018 Bitcoin News Radio Show below. [su_audio url=”https://anchor.fm/s/58aba88/podcast/play/1284313/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fproduction%2F2018-8-7%2F4446311-44100-2-95dfd53bd6373.mp3″] On this edition of the Bitcoin News radio show, we discuss a luxury car dealership which is now accepting Bitcoin, the Lindy Effect, AsicBoost which increases Bitcoin mining profitability by 20%, the CNBC Reverse Indicator, and our exclusive interview with the RockItCoin Bitcoin […]
Luxury Car Dealer First in US to Accept Bitcoin
Post Oak Motor Cars, a luxury car dealership in Houston, Texas has become the first Bentley, Bugatti and Rolls-Royce dealer in the United States to accept Bitcoin, and also Bitcoin Cash. This is yet another milestone in Bitcoin’s worldwide adoption and another indication that it can be used as a currency to buy or sell […]
More Americans Choosing Bitcoin ATMs Despite Regulations
Despite the higher fees associated with buying or selling Bitcoin via specialized Bitcoin ATMs, quicker and more reliable delivery have seen rising popularity for the machines in the United States, even as ATM networks struggle to expand within strict regulations in the country. RockItCoin, one of the biggest Bitcoin ATM providers in the US, told […]
Colombia’s New President Has Big Plans for Blockchain
Newly-elected president of Colombia Ivan Duque has outlined his desire to turn the country into a leader in technology on the global stage, with an emphasis on harnessing blockchain to fight corruption. President Duque has said the official focus of the government will now be directed towards issues relating to digital society, with blockchain linked to […]
AsicBoost Gaining Usage, Bitcoin Mining More Profitable
AsicBoost is a relatively new technology that optimizes Bitcoin mining, increasing profitability by up to 20%, which can be the difference between an unprofitable mining operation and a profitable one. According to the AsicBoost block explorer, blocks mined with it began to sporadically appear in March 2018 but now consistently account for 4-6% of all […]
CNBC Reverse Indicator Proves Accurate for Recent Bitcoin Crash
There’s a joke going around on Reddit’s r/bitcoin that CNBC’s Bitcoin price predictions are actually the exact opposite of what will happen. This is called the CNBC Reverse Indicator, which actually proved extremely accurate this past week. Bitcoin rallied from USD 5,800 in the middle of August 2018 to as high as USD 7,500 in […]
Lindy Effect Indicates Bitcoin Will Survive Long Term
The Lindy Effect states that the life expectancy of a non-living thing is proportional to its current age. Therefore, according to the Lindy Effect, Bitcoin will survive long term. In more scientific terms, time is tied to disorder and entropy. Entropy causes every physical thing in the universe to slowly decay into disorder. When it […]