Throughout the whole of history many means of exchange have disappeared. Supposing that money as we know it today, were to also disappear? The world would not miss it for a single day, for its disappearance alone would reveal that it had been replaced by something perhaps much better. We can no longer bear the sight of it; consequently, we…
Decentralized finance (DeFi) is a natural product made possible by blockchain technology and has the right and ready infrastructure to propel the technology to a bigger playing field. The space has grown by leaps and bounds since the Ethereum network went live in July 2015, with Ethereum network transactions growing by 33x to 1.2 million per day currently, and blockchain…
A growing number of mayors in cities across the U.S. have said they want to be paid in bitcoin. The mayor of Miami said he is going to take his entire salary in the cryptocurrency, two other mayors will be converting their paychecks into bitcoin, and the mayor-elect of New York City will take his first three paychecks in crypto.…
Nonfungible tokens, or NFTs, have been dominating the crypto market this year. With sales topping over $2.5 billion during the first half of 2021, it shouldnt come as a surprise that both the crypto community and mainstream creators are launching NFTs in hopes of driving revenue and engagement. The rise of the Metaverse has also pushed the adoption of NFTs,…
Christians are called to be people of the truth. Since Satan is the father of lies, we Christians should call out and oppose any and every falsehood, wherever they may be found. As a Christian and Bitcoiner, I was disappointed and frustrated to read The Gospel Coalition’s article titled: “Ask The Economist: Should A Christian Invest In Bitcoin?” by Dr.…
In brief If the new infrastructure bill is approved by the President, the IRS will be able to raise an additional $28 billion from taxing crypto. Congress passed the bill with a final vote of 228206. Several key areas regarding digital assets have not been clarified to the satisfaction of cryptocurrency users. Congress has passed a $1.2 trillion bill to…
In crypto trading we often see entire sectors move in tandem. DeFi coins may all curve upwards together, while metaverse tokens soared on news that Facebooks getting a Facelift. But this weeks group of top crypto performers have very little in common… except one trading indicator that lit up in pulsating green neon letters before their prices trended upward. Were…
In mid-October, the market capitalization of all the stablecoins in existence was $134 billion and during the last three weeks, the valuation has increased by 5.59% to $141.5 billion. While terrausd’s market cap jumped by 6.7% over the last month, the stablecoin DAI saw an increase of 27.3% in 30 days. The largest stablecoin by market capitalization increased by 6%…
Just one night after newly elected NYC Mayor Eric Adams announced he will take his first three paychecks in Bitcoin, Colorado Governor Jared Polis was sitting in a restaurant in Boulder telling a group of crypto VIPs about his plans to push his state to embrace Bitcoin. It was part of ourDecrypt-hosted dinner this week, and was attended by entrepreneurs…
Last week, Facebook rebranded to Meta and announced its plans to kickstart the development of the Metaverse an entirely new way of interacting and navigating the internet. Now, the Metaverse landscape has a multi-billion dollar corporate behemoth vying for the helm, which has made its future all the more uncertain. Whether we like it or not, major corporations will likely…
