Bitcoin Maximalist

A Bitcoin maximalist is one whose only cryptocurrency holding is Bitcoin. Nothing else, no alternative coins (Altcoins) like Ethereum, Cardano, Ripple or any other of the thousands of cryptocurrencies that have been created in the last decade. A key dislike of altcoins by the btc maxi’s is the fundamental creation of the coins or theContinue reading “Bitcoin Maximalist”

Bitcoin mining companies racing to list on the stock exchange

Some exciting news for Sydney based company Iris Energy. It is a bitcoin mining company that has filed for a Nasdaq direct listing. The company uses only renewable energy sources to power the bitcoin mining operations. The bitcoin mining industry is growing at a rapid rate, with a push in recent months to turn awayContinue reading “Bitcoin mining companies racing to list on the stock exchange”

The Bitcoin Lightning Network

The Bitcoin blockchain has previously been criticised when it comes to the length of time it takes for a peer-to-peer transaction to execute. Not only that, but these transactions have also been costly when it comes to micropayments. For example, it might have cost $1 to send $10 of btc and taken hours if notContinue reading “The Bitcoin Lightning Network”

21 million bitcoins

There will only ever be 21 millions bitcoins, a fundamental part of the bitcoin code. No more can be created, a major difference to the fiat world where governments and central banks create more at will with the detrimental effect of reducing purchasing power of hard-working citizens. Currently 18,785,675 bitcoins are in the global network,Continue reading “21 million bitcoins”

The Bitcoin sign guy

Following on from the Infrastructure bill article, and keeping with a political theme, the bitcoin sign guy was an iconic moment on July 12th 2017. It was the day that Christian Langalis held up a “Buy Bitcoin” sign behind the Fed chair and with that became one of the greatest crypto claims to fame eventsContinue reading “The Bitcoin sign guy”