Expiration Date Of Digital Yuan Could Lead To Bitcoin Explosion

digital yuan expiration

The new digital yuan could make Bitcoin attractive. The absurd measure to make unused currency worthless may benefit Bitcoin. Using its prototype Central Bank Digital Currency (CBDC), the Chinese Communist Party wants to implement an expiration system under the pretext of a “warming” of the economy. The design consists of a removal of the currency […]

Colorado To Accept Bitcoin For Tax Payments

colorado bitcoin tax

Colorado just announced taxes can be paid in Bitcoin according to a report by Axios Denver. Last Monday, the Colorado government, whose governor is Democrat Jared Polis, announced at Denver Startup Week that it will accept payment for numerous taxes with the leading cryptocurrency, Bitcoin.  However, the payments will have to be made through a […]

Did Craig Wright Lie Under Oath?

craig wright fraud

This article was originally published by Dustin Trammell on dustintrammell.com Last week, notorious Faketoshi Craig Wright took the stand in the @hodlonaut vs. Craig Wright trial in Norway. While on the stand giving his testimony, Craig Wright was being questioned by his counsel about sharing early versions of the whitepaper and code, and asked “did you share the code […]

Why Did Three Arrows Capital Sink Like The Titanic?

three arrows capital

Based on a true story Water is a powerful force. Hydropower illuminates entire cities and can provide sustainable electricity for bitcoin mining. But water is also dangerous. Imagine the death bringing force of tsunamis or floods. And when water is ice cold and your ship sinks because it ran into an iceberg, all you’ve left […]

Why It’s important To Support Hodlonaut On His Legal Stand Against Craig Wright

hodlonaut csw

This article is based on a comment by Greg Maxwell on Reddit. If you are looking to support Hodlonaut directly you can visit the donation page, where over 50 BTC as already been raised to support Hodlonaut. It would be difficult to overstate how important this is to Bitcoin, yet it’s often underestimated because the […]

Why Proof-of-Stake On Ethereum Is A Disaster

Moving the Ethereum protocol from proof-of-work to proof-of-stake will end in a disaster. If you are a big believer in Ethereum, you may think an article published on BitcoinNews.com would biased or pure propaganda. Therefore I’d like to disclose that I hold 10% of my portfolio in Ethereum or assets built on Ethereum which allows […]

Privacy Coins vs Bitcoin Privacy Tools, What’s Better?

Bitcoin Privacy Tools

Written by Keegan Francis Sending bitcoin is easy nowadays. Just scan a QR code or enter the receiving address, press send and you’re done. But how private is sending bitcoin? And more importantly, what is better, native bitcoin privacy tools such as CoinJoin or independent privacy coins such as Monero or Zcash? There are tradeoffs […]

Can Bitcoin Steal Gold’s $12T Market Cap?

Gold vs Bitcoin

Despite having a lower market valuation of $364 billion and a price in the $20,000 range, bitcoin has outperformed gold over the past ten years. Bitcoin vs. gold is one of the oldest debates among hard money advocates. Given that gold prices are expected to reach $3,000 to $5,000 per ounce in the next five […]

Celsius Network Meltdown – High Risk No Reward?

Celsius CEO

On June 13, 2022 users of the Celsius Network were reminded of one of the most used expressions in Bitcoin, “not your keys, not your coins.” According to a company statement, “due to extreme market conditions” Celsius paused all withdrawals from their platform and have been radio silent since.  The silence from Celsius has prompted […]