vires in numeris
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.
Keep Calm and Slave On
‘Crypto is fool’s gold’: Why the OCC chief is right
27 Sep 2021 05:00

Anyone who digs and conducts independent research finds that it’s not at all clear why there are thousands of digital currencies, and as Michael Hsu notes, there are no clear answers as to how the massive returns available in DeFi are generated. [...]


Blockchain accounts for 10% of early-stage startups: report
27 Sep 2021 03:00

Blockchain has become one of the fastest-growing trends in the startup world, with a new report revealing that 10% of early-stage startups focus on the technology. [...]


Majority of South Koreans support digital currency tax law: survey
27 Sep 2021 01:00

A survey in South Korea found that only 33% of respondents oppose the new taxation regime, even as the government faces tough opposition on when to effect it. [...]


BIT Mining to set up 85MW mining facility in Ohio
26 Sep 2021 09:00

NYSE-traded BIT Mining has partnered with Viking Data Centers to develop a BTC block reward mining facility in Ohio as North America’s hashrate share rises. [...]


Cryptocurrency-Trading Hamster Outperforms Bitcoin, S&P 500 Since June
27 Sep 2021 06:30 A hamster that trades cryptocurrencies has been outperforming Bitcoin and the S&P 500 since June. The rodent, called Mr. Goxx, uses a device called the “goxx box,” to give ...

South African University Professor Urges Country to ‘Finalize Cryptocurrency Policy’ — Warns Against Resisting Crypto
27 Sep 2021 04:30 A professor with the University of Johannesburg, Rabelani Dagada, has urged South Africa to finalize its cryptocurrency public policy if the country still wants to become a hub for digital currency innovation. ...

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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