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Showing posts with label Bitcoin. Show all posts
Showing posts with label Bitcoin. Show all posts

Thursday, August 12, 2021

Xapo

Xapo stores 98% of customer funds offline, in order to provide an important security measure against theft or loss. A commonsense approach.


Useful link: https://www.xapo.com

Thursday, July 15, 2021

Heard On The Street

What would happen to Bitcoin if the internet experienced a regional outage, particularly if it took place during a financial collapse?

Sunday, July 11, 2021

Is Investing In Crypto Worth The Risk?

Q & A with Amit Rajpal was insightful. AR was spot on. Let's focus on how the United States is going to regulate the market. The regulators are all approaching to encourage innovation, but limit the bad actors. This should be the template for other consumer markets in the world.


Useful links:

Sunday, May 23, 2021

The Father Of Bitcoin

Satoshi Nakamoto (mathematical genuis), the so-called father of Bitcoin, appeared out of the ether in 2008 and disappeared just as abruptly three years later, after establishing the world's first cryptocurrency. Today, Bitcoin is valued at more than US$1 trillion. A remarkable achievement. Satoshi Nakamoto remains anonymous, a mythical creature with a Bitcoin stash of epic proportions. He has strong incentives to remain anonymous. Anonymity is the best security.


Useful link: 

Tuesday, May 11, 2021

Random Thoughts

Bitcoin will remain an asset without intrinsic value whose market value can be anything or nothing. Only those with healthy risk appetites and an unlimited capacity to absorb losses should consider investing in it.

Thursday, February 25, 2021

Sunday, February 07, 2021

The Rise And Fall Of Bitcoin Billionaire Arthur Hayes

This is one of those stories that will probably be made into a movie one day. It's the story of Arthur Hayes. The story isn't yet over yet as Hayes is currently at-large somewhere in Asia, so keep an eye out for updates in the future.


Tuesday, January 05, 2021

Gazpromneft Bitcoin Mining Project

Gazpromneft has begun a cryptocurrency mining operation based in one of its Siberian oil drilling sites unlocking the power of Russia's oil and gas resources for the needs of bitcoin mining. The new mining operation will be powered by natural gas from the oil field, located in the Khanty-Mansiysk region of northwestern Siberia, which has its own power plant to convert the gas into electricity for Bitcoin production. The CO2 that gets freed during the oil drilling is normally a liability for oil companies as they have to burn it into the atmosphere, which results in fines. They have found ways to utilize it instead of wasting it, and electricity generation is one of them. The location of the new Russian Bitcoin farm also means that the costs of the operation will be relatively low. Instead of paying a premium to use energy from the grid, locating the cryptocurrency mining on-site at an oil field means that a steady supply of natural gas is virtually free.


Useful link: https://www.gazprom-neft.com

Monday, September 23, 2019

GK8

A  brilliant Israeli startup focused on securing crypto transactions without an internet connection.


Useful link:
https://www.gk8.io