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Bitcoin’s Scaling Problems Forced Facebook to Launch Libra


If it wasn’t for Bitcoin there would be no Libra. That much is self-evident, since Satoshi’s creation laid the groundwork for every crypto asset that’s followed. The extent to which Bitcoin was responsible for spawning Facebook’s currency has now been made brutally clear...

Bitcoiners Brace for More Performance Art and Another ‘Satoshi Reveal’


On Friday, a variety of paid press releases were published stemming from a company called Satoshi Nakamoto Renaissance Holdings, a firm that claims a big “reveal” is coming on Sunday, August 18. According to the announcement, Satoshi Nakamoto will divulge his “real-life...

Dash Has Outpaced Bitcoin On Latin American Exchange, Claims Cryptobuyer CEO


Dash is one of the leading privacy-focused cryptocurrency, a genre which is expected to grow in popularity as regulators across the globe are tightening their grip on normal digital currencies. However, one can hardly imagine it beating Bitcoin in the future, near and far! However, Cryptobuyer...

Is Bitcoin Money? Revisiting Mises’ Regression Theorem


Over 100 years after the publication of Austrian economist Ludwig von Mises’ “The Theory of Money and Credit,” the ideas outlined therein are still sparking hot debate. Namely, what is known as Mises’ Regression Theorem, which claims that in order for something to be money...

Another Self-Proclaimed Satoshi Appears in the High Profile Bitcoin Lawsuit


A new filing has been submitted to the ongoing Kleiman v. Wright case stemming from a man who claims to be Satoshi Nakamoto. The man, named Debo Jurgen Etienne Guido, has sent handwritten testimony to the Southern District of Florida courthouse asserting that he is the “genuine and only...

UnionBank Claims Cross-border Blockchain Remittance Breakthrough


UnionBank of the Philippines says that has successfully completed a blockchain-based remittance transaction from Singapore to its home country – becoming the first Philippine bank ever to do so. The pilot was conducted in conjunction with the OCBC Bank in Singapore and fellow Philippines-based bank...

The Myth of Authority: Mnuchin Denies USD Is Used Criminally


U.S. Treasury Secretary Steven Mnuchin has once again weighed in on bitcoin, claiming the U.S. dollar has not been used to finance “nefarious” activity on a recent episode of CNBC’s Squawk Box. Democratic House Representative Maxine Waters also dropped a tasty nugget of...

LG Claims Blockchain First with Insurance Platform for Mobiles


Source: Instagram, LG Mobile carrier LG U+ (the telecoms arm of the LG Group) says it will begin offering blockchain technology-powered mobile phone insurance as of July 17. The carrier says that its product will allow customers to receive same-day compensation for damage done to handsets, and will...

What Are Dollars Used for, President Trump? – The Gun Money Known as USD


Donald Trump has taken to Twitter yet again, and this time he’s talking about bitcoin and the superiority of the United States dollar. Bashing lack of regulation and potential for criminal activity inherent to crypto, Trump claims the U.S. fiat will always be the strongest currency in...

Expert Witness in Satoshi Case Claims Dr Wright’s Documents Were Doctored


The Kleiman v. Wright case continues this week and a slew of new evidence has been submitted to the Southern District of Florida courthouse. A supplemental affidavit stemming from the Kleiman estate’s expert witness, Dr. Matthew Edman, indicates that documents submitted to the court...

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