Bitcoin and Taxation: Government On A Bitcoin Standard
How will governments function in a world that has transitioned from fiat to hyperbitcoinization? This is a question that I have thought about recently, and I wanted to think through what happens to governments on a Bitcoin standard. The questions I have are the following: how will governments fund...
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BlackRock’s Robert Mitchnick: Bitcoin Is “Overwhelmingly” The Number One Priority For Clients
In a fireside chat today at the Bitcoin Investor Day by Reflexivity Research, Robert Mitchnick, the Head of Digital Assets at BlackRock, shared insights into the asset manager’s approach to Bitcoin, cryptocurrencies and the future of the crypto market. Mitchnick emphasized that Bitcoin remains, overwhelmingly, the top priority for BlackRock’s...
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Bitcoin and Grain: a tale of two custodies
FTX’s collapse demonstrated the wisdom of segregating the activities of market making on the one hand (Alameda) from those of running an exchange (FTX) and a custodian (FTX again) on the other. However, the question of whether to segregate the activities of operating an exchange and a custodian is...
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The Dos and Don’ts of Bitcoin Self-Custody
Bitcoin is a completely decentralized system, there is no ability to reverse payments, and there is no customer support line where you can call for help if you mess something up. When you take self-custody of your own Bitcoin, you and only you are responsible for the safety of...
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Stratum Reference Implementation Launches SRI 1.0.0 To Enhance Bitcoin Mining
The Stratum Reference Implementation (SRI) team has unveiled SRI 1.0.0, a new milestone in their journey to decentralize and optimize bitcoin mining, according to a press release sent to Bitcoin Magazine. This latest release is now available for immediate testing and seamless integration. Some key highlights of SRI 1.0.0 include: Miners...
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Bitcoin’s Surge to All Time High: What It Means for Your Investment Future
Bitcoin, the first and most popular cryptocurrency, has been making headlines with its recent surge to a new all-time high of over $72,000. This remarkable price increase has sparked renewed interest in Bitcoin as an investment opportunity, leaving many wondering what this means for their financial future. Investors may...
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From Wall Street to Main Street: Are Bitcoin ETFs Signaling a New Era in Crypto?
Bitcoin and the rest of crypto went through a brutal cycle in the last two years. Dubbed “crypto winter,” the unforgiving market crushed the hopes of many traders, startup founders, and investors. Marked by scandals, regulatory uncertainty, and lots of FUD (fear, uncertainty, and doubt in crypto parlance), crypto...
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Announcing: Pitch Day at Bitcoin 2024 – Discovering the Next Class of Bitcoin Startups
Pitch Day at The Bitcoin Conference is back! Bitcoin Magazine and The Bitcoin Conference are looking for the next wave of Bitcoin startups to compete in the ultimate Bitcoin pitch competition. Taking place in Nashville July 25-27 at Bitcoin 2024, the world’s largest Bitcoin conference, founders will present their...
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KYC, Bitcoin, and the failed hopes of AML policies: Tracking funds on-chain
The cornerstone of the modern approach to money laundering is to prevent illicit funds from entering the financial system. The rationale is understandable: if criminals won’t be able to use their money, they will have to eventually stop whatever they are doing and go get a 9 to 5...
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MicroStrategy’s Saylor Offered to Buy Out Shareholders Before Buying Bitcoin
Michael Saylor faced obstacles before he successfully added Bitcoin to MicroStrategy’s balance sheet in 2020. Speaking at the 2024 Abundance360 Summit this week, Saylor revealed how he offered to buy out MicroStrategy shareholders in a Dutch action when they moved to first acquire $250 million worth of Bitcoin. The...
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