Tag: Bitcoin Adoption

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Actress Maisie Williams becoming the newest Bitcoiner?

“Join the free folk, long Bitcoin,” said Blockfolio to the Game of Thrones actress. English actress Maisie Williams, best known for her role as Arya Stark in the HBO series Game of Thrones, may be joining the Bitcoin bandwagon. In a Nov. 16 message on Twitter, the actress asked her 2.7 million followers if she…
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Bitcoin chose decentralization and immutability over payments, says Fidelity

Fidelity Digital Assets has published its response to commonplace criticisms of Bitcoin. “Bitcoin has failed as means of payment” is one of the prevalent criticisms of Bitcoin (BTC) that Fidelity Digital Assets is seeking to rebut. In a blog post published on Nov. 13, the firm took on six “persistent” criticisms, including Bitcoin’s volatility, environmental…
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Travelers can now get US passports in as little as 4 weeks with Bitcoin

“Offering travelers the ability to pay via Bitcoin feels like the right move at the right time.” A California-based visa and passport processing company announced it would be accepting Bitcoin as a form of payment as the U.S. State Department’s operations are beginning to return to normal. According to a Nov. 6 announcement from passport…
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‘Aussie Trump’ invests in Bitcoin as it’s the ‘millennial version of gold’

Former Australian politician Cory Bernardi sees the demand for Bitcoin “getting stronger.” Cory Bernardi — a controversial figure the Sydney Morning Herald has referred to ‘Australia’s Donald Trump’ — has talked up Bitcoin in between Tweets challenging the results of the U.S. presidential election.  In a Nov. 11 Tweet, Bernardi stated he had become a…
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Bitcoin is peerless thanks to early distribution, CoinMetrics analysts argue

Bitcoin’s experimental launch contributed to its dispersion among the masses. Thousands of different cryptocurrencies have arisen in the since Bitcoin’s (BTC) 2009 genesis block. Even though newer assets come with different technology and new bells and whistles, Bitcoin still has an upper hand in a key category, according to a November report from crypto data firm…
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Bitcoin may pay out more than gold, says billionaire investor

“If the gold bet works, the Bitcoin bet will probably work better.” American billionaire Stanley Druckenmiller has changed course on Bitcoin, saying it has the potential to store value for future generations. Speaking on CNBC today, Druckenmiller said that, although he was still more heavily invested in gold than crypto, he had purchased at least…
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Crypto fund’s unlikely strategy: Taking on Bitcoin and S&P 500 returns

A crypto fund is buying up Bitcoin at a major discount in a high-risk, high-return game. What are the odds of outperforming BTC itself? Bitcoin has been one of the best-performing assets on the planet since its launch in 2009. The digital coin rose nearly 9 million percent in price between 2010 and 2019. Simply holding or…
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Fed calling for more stimulus is ‘code for buy Bitcoin,’ says Winklevoss

Jerome Powell says Congress should agree further fiscal stimulus as U.S. public debt tops $27.2 trillion. The United States Federal Reserve is still unintentionally advertising Bitcoin, as Chair Jerome Powell argues for more money printing. In a tweet on Nov. 6, Tyler Winklevoss, co-founder of crypto exchange Gemini, said that Powell’s latest speech this week…
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Corporate giants may not follow MicroStrategy’s Bitcoin adoption play, Raoul Pal explains

Communication is key, especially when it comes to explaining Bitcoin to mainstream corporate entities. Earlier this year, business intelligence giant MicroStrategy put $425 million of its treasury funds into Bitcoin (BTC). The move was largely seen as a big step in the right direction for mainstream Bitcoin adoption. MicroStrategy, with its CEO and founder Michael…
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‘I got Bitcoin!’ — trick-or-treaters rewarded with crypto

One crypto user gave away at least $400 in Bitcoin gift cards to Canadian children over Halloween. While many children dressed as ghosts, goblins, and witches last night may have been disappointed to find an inedible thin piece of cardboard left out in a goodie bag, a lucky few recognized the treat as a Bitcoin…
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