Saturday, January 22, 2022

Content Tagged "bitcoin"

Bitcoin Boon

Full Disclosure: I do own some bitcoin (<100 BTC at any given time). I also mine some BTC. My motivation here is not to drive the price up, but rather to demostrate that bitcoin is a suitable replacement for “bad” money. Today things hit a breaking point. Bitcoin prices are hovering somewhere north of $800 at most US exchanges. Hacker news has tracked a 194 thousand bitcoin transaction for most of the day. Richard Branson announced that Virgin Galactic will accept bitcoin. There may still be some detractors for bitcoin, but one thing is certain, it has the attention of …continue reading