Bitcoin is a digital asset often described as a “commodity” because it shares many characteristics with traditional commodities like gold and oil or corn. Like other commodities, supply and demand market forces determine the value of Bitcoin as it trades continuously, 24/7, on various exchanges. Additionally, just like other commodities,
Category: Bitcoin
The Great Grayscale Bitcoin Trust Unlock of July 2021
UPDATE: The Great Unlock of GBTC was uneventful as suspected. The unlock did not cause a panic sell of Bitcoin. Per the SEC documents of Grayscale Investments as researched below, this is not even possible even though many uninformed or sources of malintent stated otherwise. Additionally, any major selling of GBTC
Bitcoin to be Legal Tender in El Salvador.
El Salvador becomes the first country to allow Bitcoin, a digital currency, to become legal tender. This is a watershed moment for Bitcoin and the first test of Bitcoin on the global stage. The El Salvadorian economy will be the first crucible in the continued trial by fire for the
Energy, Humanity & Bitcoin
A clear, concise and thought provoking article addressing the relationships between human civilization, energy & Bitcoin. This is a seminal work built on the solid foundation of the science of energy and our relationship with it. “The goal of this essay is to outline our view of the future of