Posts Tagged ‘bitcoin’

El Salvador: Bitcoin Machines Burned And Thousands Take The Streets

Above photo: AFP. On Wednesday, thousands took to the streets of El Salvador to protest President Nayib Bukele and his new Bitcoin law. Workers, students, union and peasant organizations, feminist groups, human rights activists, and even judges took to the streets on Wednesday in El Salvador. It was the country’s largest mobilization in decades. Among […]

Bitcoin the Messiah: El Salvador Goes Crypto

In a particular deli store in South Melbourne, a tongue-and-cheek message is attached to the cash register.  “Bitcoin accepted there,” it proclaims brightly.  Naturally, it is nothing of the sort, a teasing ruse for the punters and those casting an eye in the direction of the store.  Cold hard cash remains king, albeit one with […]

Salvadorans Reject The Adoption Of Bitcoin As National Currency

Above Photo: Hundreds of Salvadorans took to the streets of El Salvador’s capital on September 7, to protest the adoption of Bitcoin as national currency. Jaime Guevara. Many fear that the volatility of the cryptocurrency will affect their income and purchasing power. They condemned that it is not suitable for small vendors and only benefits […]

Bankers say El Salvador’s bitcoin experiment is a warning to other countries

El Salvador does not have a currency of its own, instead relying on the US dollar. Adding another currency to the mix that’s prone to wild changes in value will further complicate the government’s budget and tax planning. It’s also a nightmare for households and businesses, who now have to devote time and resources to […]

IMF Jews Panic About Bitcoin Victory in El Salvador

El Salvador just made bitcoin legal tender and the IMF jewboys aren’t happy about it. Chron: On June 9, El Salvador became the first country to approve the use of Bitcoin as legal currency . But while the president of the Central American country, Nayib Bukele , celebrates the decision of the Legislative Assembly in style, the International Monetary Fund (IMF) considers that perhaps it was […]

Bitcoin Is Now Legal Tender In El Salvador

SAN SALVADOR, El Salvador (AP) — El Salvador’s Legislative Assembly has approved legislation making the cryptocurrency Bitcoin legal tender in the country, the first country to do so, just days after President Nayib Bukele made the proposal at a Bitcoin conference. The digital currency can be used in any transaction and any business will have […]

US recovers most of Colonial Pipeline bitcoin ransom

The chief executive of the massive fuel pipeline hit by ransomware last month is expected to detail his company’s response to the cyberattack and to explain his decision to authorise a multimillion-dollar payment when he testifies before Congress this week. Colonial Pipeline CEO Joseph Blount will face the Senate Homeland Security Committee on Tuesday, one […]

How Did FBI Get Private Key to Bitcoin Wallet Used by Pipeline Hackers?

Via: Bloomberg: In the digital world, though, it’s a simple matter to then transfer those Bitcoins to another address. And another. And another. This is done to obscure a trail and mask the flow of funds, kind of like money laundering. By May 27, the FBI had identified at least two dozen different Bitcoin addresses used […]

Bitcoin mining is helping Iran avoid US sanctions, study shows

A new study has found that Iran now accounts for 4.5 per cent of the world’s bitcoin mining and that the country is using the technology to generate hundreds of millions of dollars in cryptocurrency assets to circumnavigate crippling sanctions imposed by the US and other countries. Washington has subjected Tehran to economic penalties since […]

Elon Musk Wrong About Bitcoin Energy Consumption?

ELON MUSK Wrong About Bitcoin Energy Consumption? – powered by ise.media Elon Musk and Janet Yellen are suddenly ‘concerned’ about Bitcoin’s environmental impact. But is Bitcoin really that harmful? Our interview with Bob Burnet explains just how wrong their statements are and how Bitcoin is actually paving the way for energy efficiency. ******** Support Truth […]

Bitcoin Energy Use Is Far Lower Than Banking System & Gold Industry, Report

Amid all the contention of the last few days, sparked by Elon Musk’s virtue-signaling, the noise-to-signal ratio around the crypto market’s energy use has gone to ’11’ on the Spinal Tap amplifier of social justice. However, those darn ‘facts’ and ‘science’ keep getting in the way of the ‘bitcoin = bad guy destroying the earth’ […]

Gates Divorce, Lockdown Commie, Bitcoin Salary – New World Next Week

Podcast: Play in new window | Download | Embed Watch on Archive / BitChute / Minds / Odysee / YouTube This week on the New World Next Week: the Gateses get a divorce; literal commies want to lock you down and change your behaviour; and an NFLer converts his salary to bitcoin. CLICK HERE for show notes and mp3 Filed in: Videos Source

“You’d Have To Shut Down The Internet” To Ban Bitcoin, Says SEC’s Hester Peirce

“I think we were past that point very early on because you’d have to shut down the Internet,” Peirce said, adding, “I don’t see how you could ban it. You could certainly make the effort. It would be very hard to stop people from [trading Bitcoin]. So I think it would be a foolish thing […]

Bitcoin Crashes As Millions Cash Out To Invest In Dr. Seuss Books

Bitcoin Crashes As Millions Cash Out To Invest In Dr. Seuss Books U.S.—Millions are selling off their Bitcoin in order to invest in Dr. Seuss books, financial analysts are confirming today, leading to a major crash in the cryptocurrency. The banned books are becoming a hot commodity, with millions liquidating all their other assets to […]

Bitcoin Hits $1 Trillion Market Cap, Soars To Another Record High

NEW YORK/LONDON (Reuters) – Bitcoin touched a market capitalization of $1 trillion as it hit yet another record high on Friday, countering analyst warnings that it is an “economic side show” and a poor hedge against a fall in stock prices. The world’s most popular cryptocurrency jumped to an all-time high above $54,000, setting it on course […]

How Bitcoin went from cowboy currency to commonplace

Gone are the days when the word Bitcoin would conjure images of illicit drug buying on dark web marketplaces — perceptions have shifted. Homes have been put up for sale with a price tag in Bitcoin and with retailers implementing payment systems that allow Bitcoin transactions, DIY gear, fast food and coffees can all be […]

Bitcoin price fluctuations in Iran

With the rise of dollar in Iran The price of bitcoin breaking records every day! Despite the relative stability of the dollar, the price of each bitcoin unit has increased from less than 100 million tomans to more than 361 million tomans in one year. The global price of bitcoin has not reached the highest […]

Bitcoin uses more energy than all of Argentina

Bitcoin is a huge energy hog. And Tesla’s recent announcement that it had bought $1.5 billion bitcoin — and will soon accept the cryptocurrency as payment for its cars — will only encourage more energy usage. Inhabitat reported on Bitcoin’s out-of-control energy use in 2018. Back then, we noted that Bitcoin was on track to use as much energy […]

Bitcoin shoots past $43,000 as Tesla announces plan to start accepting cryptocurrency

Home » Economy, North America, World » Bitcoin shoots past $43,000 as Tesla announces plan to start accepting cryptocurrency     The largest cryptocurrency, bitcoin, surged to a record high of near $44,000 on Monday following the news that Tesla has invested $1.5 billion in the digital asset and expects to start accepting it as […]

Tesla stashes $1.5 bln in bitcoin, to accept as payment for cars soon

Tesla Inc said on Monday it had invested around $1.5 billion in bitcoin and expected to begin accepting payment for its cars and other products with it in the near future, prompting a 7% jump in the electronic currency. Tesla said in a filing the decision was part of its broad investment policy as a […]

Bitcoin soars 14% after Elon Musk namecheck on Twitter

Bitcoin jumped as much as 14% on Friday to a two-week high after Tesla Inc chief Elon Musk tagged the cryptocurrency in his Twitter biography. Musk wrote simply “#bitcoin” in his biography on the social media site. The world’s biggest cryptocurrency was up 10.2% at $36,901 as of 10:05 GMT. The billionaire entrepreneur, followed by 43.8 […]

Yellen’s Derogatory Comments on Bitcoin Caused a Sharp Selloff In BC (Bitcoin)

Yellen caused sharp sell off in BC: Also in Yellen’s crosshairs is cryptocurrency. The former central banker urged Congress to “curtail” the use of Bitcoin. She falsely claimed that its primary use is for “illicit financing.” In fact, Bitcoin is held mainly as an alternative store of value by investors and speculators. Their purpose in […]

When to trade bitcoin? When Saturn crosses Mercury, of course

Bitcoin seems so flighty, some might argue you may as well consult a crystal ball, read the runes or stare at the stars to divine the direction of the capricious cryptocurrency.Enter Maren Altman, bitcoin investor and astrologer.The New Yorker has been following the movements of celestial objects to predict bitcoin price fluctuations since last summer. […]

ECB Head Christine Lagarde Calls For Global Regulation of “Reprehensible” Bitcoin

Nike, Coca-Cola and Apple, three corporations that vehemently supported the Black Lives Matter movement after the death of George Floyd, are lobbying against a US ban on imports of products produced by Chinese slave labor. The Uyghur Forced Labor Prevention Act, which is awaiting a green light from the Senate, bans the import of goods […]

5 Celebrities Investing Their Time And Money Into Bitcoin

Bitcoin, blockchain, ICOs – these are all terms that a lot of us have come across at this point but very few truly know the actual reach and potential of. While these coins can feel like nothing more than a trend that will ‘go away’ in the near future, the […]

VIDEO: RFID, Blockchain, AI, Bitcoin – The Truth Will Shock You!

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‘Bitcoin fraud’ suspect rejects deal with US, wants to be tried in Russia

Vinnik, a Russian expert in cryptocurrency technologies, is being held in a Thessaloniki jail. Washington accuses him of laundering at least $4 billion in Bitcoin through a trading platform. He is also sought for extradition by Russia for alleged fraud. Vinnik wants go back to Russia and is ready to cooperate with investigators, his lawyer […]

DOJ Launches Criminal Probe Into Bitcoin Price Manipulation

After months of the SEC and the CFTC pursuing civil cases against individual initial coin offerings that had scammed investors out of millions, it looks like the Department of Justice is now ready to take the government’s crackdown against bitcoin to the next level by chasing down allegations of market manipulation in bitcoin […]

WATCH LIVE: Vin Armani Discusses Bitcoin Cash Conference, the Future of Bitcoin and Blockchain Governance

May 21, 2018 By Vin Armani Watch Live at 1pm EST (10am PST). The Vin Armani Show returns from the CoinGeek bComm Conference in Hong Kong and Vin gives his outlook on the future of Bitcoin, including a discussion on blockchain governance. Send and receive cryptocurrency to any phone without internet, […]

Russian ‘bitcoin fraud’ suspect held in Greece says prison security beefed up over ‘kill order’

Washington accuses Vinnik of laundering $4 billion with the help of the BTC-e bitcoin trading platform. The Russian denies any wrongdoing. Speaking to RIA Novosti via his lawyer, Vinnik confirmed that there is a threat on his life in Greece where he is currently in jail. The prison, however, beefed up security measures to protect […]

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