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The Road Ahead for Venezuela: Is There a Place for Cryptocurrency in Rebuilding a Failed Economy?

What Road for Venezuela And Is There A Place For Cryptocurrency In Rebuilding A Failed Economy

BitcoinNews began following the situation in Venezuela early last year and tagged it as a potential humanitarian disaster. Where does Venezuela turn to now as it sits on the cusp of a complete breakdown of its political system and economy whilst facing the challenge of a new era of government? Bitcoin, albeit driven underground by the Maduro regime, has been …


Bitten by Reality: Uncoupling Cryptocurrency from the Blockchain Industry

Bitten by Reality: Uncoupling Cryptocurrency from the Blockchain Industry

If 2017’s phenomenal crypto-market boom, supported by the entry of innumerable startups into the blockchain industry through initial coin offerings (ICOs) has taught us anything, it was that this fringe technology had some innovative gusto backing it, and it wasn’t going anywhere anytime soon. Blossoming Bitcoin at the time had most certainly cemented itself in modern discourse. For better or …


Opinion: Bitcoin White Paper – An Overlooked Benchmark

Bitcoin White Paper Deep Dive

The 10th anniversary of the Bitcoin white paper has officially passed, with it first being published by Satoshi Nakamoto on 31 October 2008, almost a week ago. While Bitcoin is widely-acknowledged as the first recognized cryptocurrency and a precursor to blockchain innovation, its technological mark on history is often overlooked. Instead, its incredible growth in value on speculative markets continues to …


Bitcoin in a Post-Nuclear Holocaust

Bitcoin in a Post-Nuclear Holocaust

A nuclear war has been a global fear since the first atomic bombs were detonated in Hiroshima and Nagasaki in 1945. This article explores how a full-scale nuclear war would impact Bitcoin, a currency based on decentralization and lacking a single point of failure. The threat of nuclear war exists because several countries have the necessary arsenal: the United States has 6,600 …


AI Technological Singularity and Implications for Bitcoin

AI Technological Singularity and Implications for Bitcoin

There is a theory that artificial intelligence (AI) will some day hit a critical point, called the technological singularity, after which it will rapidly and recursively improve its own technology and far surpass human intelligence. This article speculates what would happen to Bitcoin and cryptocurrency during such a scenario. AI that is far more intelligent than humans referred to as …


PwC: 84% of Companies Active in Blockchain but More Trust Needed

PwC: 84% of Companies Active in Blockchain but More Trust Needed

A new report out by PricewaterhouseCoopers (PwC) illustrates the degree to which companies are now seeing blockchain as an essential business tool. The report shows that out of companies surveyed, 84% were actively involved in blockchain technology in some way. The PwC 2018 Global Blockchain Survey included 600 company executives for 15 different regions. “Everyone is talking about blockchain, and …


Inside Venezuela: No Trust in Government, Rejecting Petro and Feeding 2,000 Daily

Inside Venezuela: No Trust in Government, Rejecting Petro and Feeding 2,000 Daily

In a Bitcoin News exclusive, Bitcoin Venezuela founder Randy Brito reveals a wealth of ideas about how cryptocurrency can be used to combat the effects of extreme hyperinflation in Venezuela right now. He takes us on an insightful journey on the ground in the South American nation, uncovering deep skepticism from Venezuelans of both the Petro crypto token and an uncorrupted future for …


Law Expert Advocates for Blockchain Use in Legal System

Law Expert Advocates for Blockchain Use in Legal System

In an article for Lawyer Monthly, legal technology expert Paul Sachs advocated for the use of blockchain in the legal system and court proceedings, focusing on the UK in his discussion. Sachs preceded his in-depth analysis of how blockchain could be utilized by stating a necessity for substance to be included in the growing discussion around the technology’s potential use …


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