Bitcoin is fiat. Now go ahead, take the time you need to get it out of your system. Breath deeply. Blood pressure still up? Okay, let’s try this then. What does fiat mean? An arbitrary order or decree. Fiat currencies are given value by the authority of governments. They have value because the State decides … Read more
Ethiopia’s state-owned power producer, and a population of 126 million Ethiopians, welcomed the bitcoin mining industry in 2024 with an attractive electricity rate of USD 3.2 cents KWh. In this past year EEP has generated USD 55 million in revenues from bitcoin miners and expects USD 123 million in the year to come. As we … Read more
Company Name: Yopaki Founders: Francisco Chavarria (CEO) and Carlos Chida (CTO) Date Founded: March 2023 Location of Headquarters: Austin, TX Number of Employees: Four full time; one part time Website: https://www.yopaki.com/ Public or Private? Private In 2021, Francisco Chavarria stood in the audience at Bitcoin 2021 and watched as Strike CEO Jack Mallers passionately delivered … Read more
The moment Bitcoiners around the world have been waiting for is finally here: Bitcoin has hit the monumental $100,000 mark, and Michael Saylor is throwing the Party of the Century to celebrate! What started as a dream and a meme has now become a reality, as Michael Saylor, a legendary advocate for Bitcoin and Executive … Read more
Follow Nikolaus On 𝕏 Here For Daily Posts Look, I know I am late to the party. I remember covering the news of MicroStrategy’s first bitcoin purchase, and I’ve watched the stock rise from $14 to $400 per share. All that time, I didn’t buy. Yet, this past Friday, for the first time since 2018, … Read more
Whenever concerns surrounding Bitcoin’s long term prospects’ going in a negative direction surface, a common refrain of dismissal is “Well tell us what to do about it then.” This is used to dismiss all concerns of regulation leading to regulatory capture, of deeper involvement of certain entities leading to higher risks to the consensus process, … Read more
Today, Boltz is launching Boltz Pro, a service that lets users help Boltz manage its bitcoin wallet and Lightning channel liquidity, and I plan to test it out. But first some background on how Boltz Pro works. According to Kilian, a co-founder of Boltz, the balances of Boltz’s wallets and Lightning channels are constantly shifting, … Read more
From Trey Walsh, Executive Director of The Progressive Bitcoiner I’ll start off by saying I have many reservations about the United States pursuing a Strategic Bitcoin reserve, with the major plans I’ve observed including legislation proposed by Senator Lummis and a draft Executive order from the Bitcoin Policy Institute (this does not include those proposed … Read more
I have just finished reading Debt: The First 5000 Years by anthropologist David Graeber. The book takes a look at the history of money, debt, and how they relate to societal structures from a lens that departs heavily from the conventional wisdom of economic thinking. Conventional wisdom paints a picture of people inefficiently bartering goods … Read more
Follow Frank on X. On a recent episode of the Galaxy Brains podcast, Michael Saylor made the case that bitcoin isn’t a currency and that it’s best to think of it as capital and capital only. He also shared that Tether (USDT) and Circle’s USD Coin (USDC) are the real digital currencies and unveiled his … Read more
