Category Archives: Bitcoin

Smart Money Said ‘Skip Bitcoin, Bet on Blockchain.’ Not Any More

Olga Kharif of Bloomberg – As cryptocurrency prices tumbled across the board last year, venture capitalists focused their attention on the promise of the underlying technology, the ledger known as blockchain. That, many said, was the smarter bet. Now, the … Continue reading

Posted in Bitcoin, Blockchain

Congressman: Bitcoin Must Be Banned Because It Threatens To ‘Take Power’ From The U.S. Federal Reserve

Billy Bambrough in Forbes – Bitcoin has long been called a threat to the existing financial system and the central banks that run it—though these claims have in the past been largely fringe ideas. Now, U.S. Democrat Congressman Brad Sherman … Continue reading

Posted in Bitcoin, Congress, Controversial

Price of bitcoin falls below cost to mine

By Ed Zwirn of the New York Post To add to the misery to bitcoin enthusiasts, the act of finding or “mining” the cryptocurrency has become unprofitable as the price continues to crater. This raises further questions about the viability … Continue reading

Posted in Bitcoin, Blockchain, Crypto, Cyber security

The Value of Uncensorable Technology in an Age of Censorship – Bitcoin News

By Sterlin Lujan in Governments and corporations have deployed censorship to limit speech and deprive people of vital communication channels. The ruling elite are trying to shush activists and freethinkers, but they are losing control and lashing out in … Continue reading

Posted in Bitcoin, Controversial, Crypto

The IRS Has Struggled With How to Treat Virtual Currencies for Tax Purposes

The IRS Has No Problems Reminding Taxpayers to Pay, but Fails to Provide Guidance on How to File By Jamie Redman in News A committee of US politicians and bureaucrats sent an open letter to the Internal Revenue Service … Continue reading

Posted in Bitcoin, Crypto