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Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license.
Click here for a concise explanation of how it works or here for a detailed technical description.
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Singapore explores metaverse; Thailand mulls ETF approval
22 Jan 2025 06:00 Singapore is pushing to have more young citizens interested in parliamentary proceedings, with the metaverse and simpler language among the recommendations.
Cambodia advances blockchain framework; Guangzhou boosts CBDC adoption Elsewhere, the city of Guangzhou in China has launched a new drive to expand digital yuan payments, including in public service salaries and metro services.
Arkansas prohibits BTC miner’s operation near military facility A military facility, as per the bill, includes a base, a hospital or clinic, or an arsenal; it seems to target a specific mine being built in Little Rock.
Donald Trump focused on memecoins, not promises to crypto bros The crypto bros gave it all out to put Donald Trump in office, but the newly inaugurated president's priorities aren't fulfilling his promises to them, as evident in the launch of his memecoin.
BRICS Unmoved by Trump’s 100% Tariff Threats, Says Russian Envoy
US Sentences Indian National to Prison for $20M Crypto Laundering Scheme
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"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer
it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible.
With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto |
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