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Bitcoin
Bitcoin is the pioneer of blockchains and cryptocurrencies, introduced in a white paper released in 2008 by an apparently pseudonymous person or group of people known as Satoshi Nakamoto. The document described a peer-to-peer method of transferring money without the use of financial institutions. The cryptocurrency known as bitcoin or BTC debuted in 2009. Transactions are recorded on a public ledger (a blockchain) by entities known as miners who engage in process called proof-of-work. Miners are rewarded for doing that by getting newly minted bitcoin. Some proponents view BTC as an alternative to fiat currencies and a hedge against inflation. Bitcoin has inspired the creation of numerous other cryptocurrencies and blockchain projects.
DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person
How Bitcoin and Blockchain is Transforming the South Side Chicago Community
South Side Blockchain co-founders Darren Heard, Ron Daniel, and LaTaevia Berry join "Community Crypto" to discuss some of the biggest blockchain projects swirling in Chicago and how the city’s NFT arts and music movement desegregates its communities.
Bank of America Says DeFi Potentially ‘More Disruptive’ Than Bitcoin
In a new report titled “Bitcoin’s Dirty Little Secrets,” Bank of America had a lot to say about bitcoin. Decentralized finance’s potential to overshadow bitcoin, the uses of Ethereum and the future of CBDCs were all also covered in BoA’s report. “The Hash” panel has a lot of unpacking to do.
Will Bitcoin Be the Currency of the World? Scaramucci: 'It's Quite Possible'
Anthony Scaramucci, founder of Skybridge Capital and former White House communications director, discusses bitcoin, DeFi, NFTs and all things crypto. When asked about a BTC price prediction, he said, "I'm sticking with $100,000 because if I tell people what I really think ... they're gonna think that I'm nuts." But when asked about a much higher price point, he didn't rule that out.
Nexo: $100K BTC Is Inevitable but Won’t Be a Smooth Ride
Antoni Trenchev of Nexo explains his reasoning behind his $100K bitcoin price prediction. “Everything is lined up to bitcoin’s benefit,” Trenchev said. “But the ride won’t be a smooth one because we are in a very late stage of this wave.” Plus, Trenchev shares why Nexo is bullish on Ethereum.
Valkyrie Co-Founder on the Race for a Bitcoin ETF in US
Valkyrie CIO and co-founder Steven McClurg discusses the fierce race for the first bitcoin exchange-traded fund in the U.S., including his firm's latest filing to launch an ETF that would invest in companies with exposure to BTC.
Are Hyperinflation Fears Exaggerated and Misplaced?
EY Principal and Global Innovation Leader Paul Brody weighs in on inflation, bitcoin as well as the good, the bad and the ugly in blockchain solutions.
Teen Twitter Hacker Will Serve 3 Years for Crypto Phishing Scheme
The Florida teen behind July’s wild bitcoin scam involving high-profile Twitter accounts, including those of Barack Obama, Elon Musk and Joe Biden, will serve three years in jail and three years probation after pleading guilty. “The Hash” panel debates the teen’s penalty and what we can learn from crypto hacks.
Ray Dalio Says Investing in Bonds Has Become 'Stupid'
Bridgewater Associates' Ray Dalio, one of the world's most prolific and successful investors, says “the economics of investing in bonds (and most financial assets) has become stupid." “The Hash” team discusses the billionaire investor's comments and what that means for bitcoin and the crypto markets.
YouTube Sensation ‘GaryVee’ on the NFT Bubble, Bitcoin and ‘Inevitable’ Decentralization of Social Media
Gary Vaynerchuck, serial entrepreneur and YouTube star, shares his thoughts on the NFT boom. “I think we’re in a very similar place to where we were in internet stocks in 2000,” Vaynerchuck said.
Bitcoin Bottom Indicators
Bitcoin and stablecoins charts and analysis from CryptoQuant CEO Ki Young Ju.