Why Are Exchanges Avoiding CoinJoined Bitcoin?
Bitcoin is a pseudonymous payment network; if you only use the data that’s available on-chain, it doesn’t provide you with any personal information on transacting partners or who the user is that owns that specific Bitcoin. As the market matured and large trading platforms with ties to traditional financial rails like banks became the biggest […]
What Is The Bitcoin Travel Rule?
Bitcoin, as it states in the white paper, is peer-to-peer electronic cash; it has no central issuer since anyone who can mine can earn it, while those who wish to acquire it can do so by trading something of value with another person. These trades can be conducted as fiat to Bitcoin trades, trading your time and […]
What Is Nation-State Bitcoin Mining?
Bitcoin mining has grown considerably from its humble beginnings, starting as a hobbyist activity where individuals who wanted to support network decentralisation would provide hashing power on their desktop or laptop computers and net 50 BTC every 10 minutes with very little competition. A decade later, those initial CPU miners have been priced out, and […]
5 Reasons Why Bitcoin Should NOT Be Taxed
Taxing Bitcoin and other cryptocurrencies is a hot topic, but let’s face it, trying to tax something that was born to be rebellious is like trying to put a square peg in a round hole. Primarily, Bitcoin, by its very nature as a decentralized digital currency, falls outside the traditional financial systems. It was designed […]
NY’s Bitcoin Mining Ban Based on a False PremiseÂ
The state of New York has not been the most Bitcoin-friendly region, which is ironic since the area is synonymous with finance and financial innovation. One would think it’s natural that operating a Bitcoin-based business in New York would complement many firms based in the state, but regulators have a different view. Many policymakers in […]
What Is Bitcoin Legal Tender?
Bitcoin has grown significantly over the last ten years. It’s unbelievable to think that in 2010, a single Bitcoin was just a few cents and by 2017, the price had reached over $20,000. While in 2021, it reached an all-time high of over $68,000, and today, it sits at around $30 000 per coin. This […]
What Is The BitLicense?
The introduction of Bitcoin is often labelled as a disruptive technology, and any discovery that renders previous ways of doing things pointless will upset established players who want to slow down its adoption. While history shows that adopting new technologies doesn’t end well for those trying to hold on to the old way, it will […]
How To Acquire Bitcoin If Your Government Bans It
If you ask many a nocoiner or bitcoin sceptic why they see no reason to acquire any stake in bitcoin, they’ll often resort to the statist argument of “Well, the government will just ban it if it gets too big”. The idea that governments worldwide will ban bitcoin is popular for a good reason. Bitcoin […]
The Soulbound Token Turns Alts Into CBDCs
Bitcoins‘ introduction on the world stage has started the reshape the way we view money, as we now have a decentralised network of programmable money that has a global reach and no single entity to control it. Naturally, this would be a highly disruptive technology due to its vast improvements over the current options and […]
How Does The Howey Test Apply To Cryptocurrency?
The invention of bitcoin took the idea of blockchain, decentralised ledger technology, proof of work, and cryptography and turned it into a brand new asset class. The mining of the genesis block was the day in which cryptographically backed energy money left the theoretical world, leaping from being academic papers to a fully fleshed out […]