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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
Congressional Hearings on Domestic Terrorism Avoid Blaming Bitcoin
Many in the crypto world were concerned that, following the January Capitol Hill insurrection, Congress would single out bitcoin as a means of funding domestic terrorism. But according to CoinDesk's Nik De, during Thursday's hearing bitcoin was not singled out. Instead, it was lumped into the same category as other online payments like PayPal. "As far as the crypto industry is concerned, I would say it was a largely positive hearing," De said.
Why Bitcoin Is Revolutionary and Empowering for the Black Community
Maker Ecosystem Growth Foundation Chair and Penn State Dickinson Law School Professor Tonya M. Evans joins “Community Crypto” to discuss bitcoin’s potential to revolutionize the financial future of the Black community.
What Is a Bitcoin ETF?
North America’s first bitcoin exchange-traded fund recently launched in Canada, giving investors access to BTC on the stock market. But what exactly is a bitcoin ETF and what are the pros and cons of investing in one? CoinDesk Learn Editor Ollie Leech explains.
Is Craig Wright the Mt. Gox Hacker?
Craig Wright is demanding Bitcoin developers help him get access to thousands of bitcoin he claims were stolen during the infamous Mt. Gox hack. Does Wright’s legal threat laying claim to a certain address implicate him as the Mt. Gox hacker? “The Hash” panel weighs in on the latest chapter of the saga.
Craig Wright Demands Access to $110K BTC He Claims Were Stolen From Him
CoinDesk tech reporter Colin Harper untangles the recent demands made by Craig Wright that Bitcoin developers give him access to a wallet involved in the infamous hack of Mt. Gox. Will Wright get access to the stolen funds?
A Rewards App Brings Bitcoin to Online Shoppers
Lolli is a rewards app that pays shoppers in BTC. Lolli CEO Alex Adelman joins "All About Bitcoin" to discuss how the program works, what data it collects on its users and whether the e-commerce startup will issue rewards in other cryptocurrencies.
In Nigeria, One Bitcoin Can Cost $68K: Here’s Why
“The Hash” panel discusses bitcoin cost discrepancies in the global crypto marketplace.
Square and MicroStrategy Buy Even More Bitcoin
MicroStrategy bets another $1 billion on bitcoin and Square buys an additional $170 million. “The Hash” panel explains why this matters.
MicroStrategy CEO Michael Saylor Says Bitcoin Is Not for Spending, It’s for Saving
MicroStrategy CEO Michael Saylor said that bitcoin is for saving as a 10-year investment. “The Hash” panel weighs in on the ongoing debate regarding the use cases for the world’s most valuable cryptocurrency.
LMAX Group CEO: Bitcoin Pullback No Reason to Panic
LMAX Group CEO David Mercer discusses bitcoin’s pullback and how far he thinks it could go.