Category : Bitcoin Magazine

Bitcoin Magazine

To Drive Meaningful Adoption, We Should Accept That Bitcoin Is Not For Everyone

This is an opinion editorial by Fernando Nikolic, the director of marketing and communications for Blockstream.“Bitcoin is not for everyone.” It's a bold statement that may seem counterintuitive when the goal is mass adoption. After all, shouldn't we...

Copernicus’ Lost Secret: The Quantity Theory Of Money

This is an opinion editorial by Bitcoin Graffiti, a software developer and graffiti artist. Source "Those things which I am saying now may be obscure, yet they will be made clearer in their proper place."& –...

Moral Compass: The Political Spectrum And Our Understandings Of Bitcoin

This is an opinion editorial by Dea Rezkitha, an Indonesian Bitcoin educator and podcast host.In politics, individuals are often grouped into “left” and “right” wings, but the complexities go well beyond this simple dichotomy. To gain a deeper unders...

Protection Against The Financial System Requires More Than A Spot Bitcoin ETF

This is an opinion editorial by David Waugh, a business development and communications specialist at bitcoin investing platform Coinbits.A few weeks ago, BlackRock and other major financial firms filed for permission to offer spot bitcoin exchange-tr...

Europe's First Spot Bitcoin ETF Set To Debut Amidst Growing Interest In The U.S.

Europe is on the verge of witnessing the launch of its first spot bitcoin exchange-traded fund (ETF). The long-awaited debut of the European spot bitcoin ETF comes after a significant delay, which has only intensified the anticipation surrounding its...

CleanSpark Announces Completion Of Georgia Expansion, Surpasses 8 EH/s

CleanSpark Inc. has announced the completion of phase two of its mining campus expansion in Washington, Georgia. The expansion is expected to increase CleanSpark's bitcoin mining compute power by 1.8 exahashes per second (EH/s) to a total of 8.5 EH/s...

Web Accessible And Self-Custodial Mutiny Wallet Launches Open Beta

Mutiny Wallet, the first self-custodial Lightning wallet that operates on the web, has officially launched its open beta. According to the release announcement, the wallet aims to solve the onboarding challenge for Bitcoin users worldwide by providin...

No, Bitcoin Ordinals Do Not Inscribe Data Onto Sats

This is an opinion editorial by Bitcoms, a Bitcoin writer.“So quick bright things come to confusion”& –William Shakespeare, “A Midsummer Night's Dream”“Inscriptions” are a way of writing pieces of arbitrary information onto the Bitcoin blockchain...

What Is The Lightning HTTP 402 Protocol, And Why Is It Important?

Lightning HTTP 402 Protocol, also known as L402, is a way to charge for services and authenticate users in distributed networks. It combines two powerful tools — Macaroons, and of course, the Lightning Network.Macaroons are special tokens used for au...

SEC Inspector General Urged To Investigate Prometheum SPBD Approval Amidst Crypto Regulatory Scrutiny

The Blockchain Association, a nonprofit organization advocating for pro-innovation policies in relation to Bitcoin, has called for an investigation into the Securities and Exchange Commission (SEC) and its approval of Prometheum Ember Capital as a Sp...

With Crumbling Economic Fundamentals, The Future Of Bitcoin Adoption In Norway Is Bright

This is an opinion editorial by Rune Østgård and Alexander Ellefsen, financial writers based in Norway.Although we don’t have exact numbers on Bitcoin adoption globally, we do know that the global average cryptocurrency adoption rate was estimated to...

HIVE Rebrands, Announces Expansion Into Cloud Computing Services

HIVE Digital Technologies Ltd., previously known as HIVE Blockchain, has announced that along with its renaming, the company will be focusing on revenue opportunities with its Nvidia graphics processing unit (GPU) cards in cloud compute technology.HI...

Custodia's Lawsuit Against The Fed Exposes The Fractional Reserve Banking Model

Custodia, an innovative bitcoin and cryptocurrency bank seeking to establish a charter in Wyoming, took a bold step by filing a groundbreaking lawsuit against the Federal Reserve on June 7, 2022. The legal action stemmed from the Fed's inexplicable d...

The New Phoenix Lightning Wallet Beta Reimagines The Self-Custodial Experience

Phoenix, a Lightning wallet developed by Acinq, has undergone significant improvements with the introduction of splicing technology, resulting in a more efficient and user-friendly experience. Unlike previous versions, which created multiple channels...

Unchained Announces New Signature Private Client Service

Unchained, a Bitcoin custodial services company, has announced the launch of its private client service with collaborative custody. According to a press release sent to Bitcoin Magazine, the new platform called “Unchained Signature” is a “membership-...

As Zimbabwe’s Fiat Currency Crashes Again, Bitcoin Adoption Is Poised To Last

This is an opinion by Thabo P. Ncube, a Bitcoiner who lived through Zimbabwe’s hyperinflation in 2008.The Reserve Bank of Zimbabwe (RBZ), the fiat custodian and lender of last resort in the country, recently “liberalized” its much-vaunted foreign exc...

Survey Suggests Crypto Investors May Neglect Key Metrics Pertinent To Bitcoin

Investors' tendency to prioritize conventional metrics over crypto-specific factors has implications for both Bitcoin the network and Bitcoin the asset. The Digital Disclosure Survey conducted by Broadridge Financial Solutions sheds light on the fact...

Pouch.ph Launches Quick And Affordable Money Transfers From The Philippines To U.S. Banks

Pouch has unveiled its latest app feature, “Send Globally,” aimed at simplifying money transfers from the Philippines to U.S. banks. The feature allows Pouch customers, including expats residing in the Philippines, to send Philippine pesos that will...

Luxor Technologies Expands Bitcoin Mining Derivatives With 6-Month Contracts And Daily Settlement Rates

Luxor Technologies, a Bitcoin mining software and services company, has announced the expansion of its Bitcoin mining derivatives contracts. According to a press release sent to Bitcoin Magazine, the new offering from Luxor's Derivatives Desk include...

Bitcoin Is Winning The Regulatory Landscape And Bitcoin-Only Companies Will Too

This is an opinion editorial by Julian Liniger, the co-founder and CEO of Relai.Bitcoin exists for a couple of reasons: As money that anyone, anywhere can use, and as a monetary good that is guaranteed not to be diluted or devalued by a central bank....

Ordinals, Inscriptions And BRC-20 Can’t Break Bitcoin

This is an opinion editorial by Roy Sheinfeld, the co-founder and CEO of Breez, a Lightning Network mobile app.The more wonderful something is, the more passion it will arouse. Bitcoin is among the greatest wonders of the late-modern world, so Greg F...

Bitcoin Is More Than Money, It’s A Tool For Self Transformation

This is an opinion editorial by Heliand, a Bitcoiner with a background in real estate and finance.In the realm of digital currencies, Bitcoin has emerged as a groundbreaking phenomenon, revolutionizing not only the financial landscape but also the wa...

AI And Bitcoin Companies Unite For Ai4ALL Hackathon To Democratize Artificial Intelligence

AI and Bitcoin companies are teaming up to host the Ai4ALL Hackathon, a month-long event aimed at democratizing artificial intelligence with the help of Bitcoin, Lightning and Fedimint. Organized by Fedi and Stak, the hackathon will take place remote...

New Developer Tools Enable Lightning And AI Communities To Build Cost-Effective LLM Tooling

Yesterday, Olaoluwa Osuntokun and Michael Levin of Lightning Labs announced the release of a new set of developer tools aimed at empowering the Lightning and AI developer communities to create inclusive and cost-effective Large Language Model (LLM) t...

Bitcoin As The World’s First Over-Unity Power Generator

This is an opinion editorial by Kevin Melody, a node runner and real estate professional.An “over-unity” power generator (similar to the concept of a perpetual-motion machine) is a hypothetical device that produces more energy than is required to run...

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