Twitter’s Jack Dorsey Is Dangerously Wrong About Bitcoin’s Role as World Currency

Jack Dorsey’s love letter to bitcoin fans isn’t the ‘poetry’ that everyone thinks it is. The Twitter CEO’s Square Cash app stands to benefit more than the average cryptocurrency user. Bitcoin’s ridiculously high transaction fees make it an implausible candidate for an everyday global currency. According to Twitter CEO Jack Dorsey, bitcoin is poised to…

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3 Ways Coronavirus May Have Affected Bitcoin

Is there a correlation between bitcoins price action and the coronavirus spread?  Virus-infected yuan placed in quarantine—Bitcoin fixes this.  Bitcoin mining takes a dive following China’s coronavirus clampdown. As coronavirus continues to spread mass panic around the globe, its impact on bitcoin is becoming more evident. Here are three critical repercussions for BTC amid the…

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Crypto’s Richest 1% Fail to Hoard a Whole Lot of Bitcoin

Bitcoin is more fairly distributed than altcoins. Cardano may be dangerously centralized. Whales are still a significant issue for BTC. When contemplating crypto whales, the knee jerk reaction is to automatically think, “lotsa bitcoin;” However, according to statistics from Intotheblock—a crypto intelligence company—BTC ownership may actually be less concentrated than most altcoins.Tracking numerous cryptocurrency addresses…

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China Vows ‘Immediate Disposal’ of Crypto Exchanges As Bitcoin Plummets

China continues its crackdown on crypto exchanges.Binance and Bithumb raid rumors cause widespread FUD.Will China’s U-turn on crypto impact the market?The Peoples Bank of China (PBOC) has reiterated its position on crypto trading, vowing the immediate disposal of cryptocurrency exchanges.For weeks China’s strict attitude towards cryptocurrencies has seemingly morphed into something less stringent. Blockchain technology…

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Bitcoin Independence Day, 15th November 2019: Bitcoin SV- the Fastest Growing Blockchain, ever

15 November 2019 marks one year since Bitcoin SV (BSV) emerged in the world’s first Bitcoin hash war, to declare independence for original Bitcoin.  After years of BTC and BCH protocol developers deviating from the design of Bitcoin’s creator Satoshi Nakamoto and artificially restricting Bitcoin’s capabilities, BSV is restoring the “Satoshi Vision.”  While it uses…

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