• BIS Bitcoin break down
    Bitcoin

    Bank for International Settlements head predicts Bitcoin’s demise

    Comparing Bitcoin proponents to a ‘community of online gamers,’ the GM of the central bankers’ bank predicted halvings will doom the largest cryptocurrency

    Agustín Carstens told the Hoover Institution that "scarcity and cryptography alone do not suffice to guarantee exchange," suggesting that Bitcoin will break down after future halvings decrease the incentives for mining to simply the transaction fees earned with each block:

  • The world we were guaranteed because of Bitcoin (via Pixabay).
    Bitcoin,  Opinion

    Bitmain proves Bitcoin’s environmental threat was overblown

    Bitmain’s latest numbers and change in one index makes the future not as bleak

    Remember when Bitcoin’s energy consumption was going to destroy the world? It turns out that the planet’s demise at the hands of crypto miners may have been greatly exaggerated. Bitmain’s recent financial filings and a new change in in how a much-touted number, the Bitcoin Energy Consumption Index, is calculated should allay fears that crypto will singlehandedly destroy our planet.

  • reading newspapers
    Bitcoin,  Litecoin,  Media

    Must-reads for August 29, 2018: Surveys, stolen hotel data, faked trades, and more

    Here are the crypto stories you should be watching today

    The rise of crypto in higher education (Coinbase) It’s a slow news week for the crypto space so this survey is getting a lot of press. Here’s the stat they keep talking about: “42 percent of the world’s top 50 universities now offer at least one course on crypto or blockchain.” That means 21 schools have at least one single class teaching a 9 year-old technology. Of 675 students surveyed, 9 percent said they’ve taken a cryptocurrency course, 18 percent said they’ve owned crypto at some point, and 26 percent said they want to take a crypto course. Did we mention this is a slow news week?   Data of…