Xapo stores 98% of customer funds offline, in order to provide an important security measure against theft or loss. A commonsense approach.
P.J.Joseph's Weblog On Colored Stones, Diamonds, Gem Identification, Synthetics, Treatments, Imitations, Pearls, Organic Gems, Gem And Jewelry Enterprises, Gem Markets, Watches, Gem History, Books, Comics, Cryptocurrency, Designs, Films, Flowers, Wine, Tea, Coffee, Chocolate, Graphic Novels, New Business Models, Technology, Artificial Intelligence, Robotics, Energy, Education, Environment, Music, Art, Commodities, Travel, Photography, Antiques, Random Thoughts, and Things He Like.
Translate
Thursday, August 12, 2021
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.
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.
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.
Saturday, May 01, 2021
Sunday, February 28, 2021
Bitcoin Bubble
Bitcoin exists almost exclusively as a vehicle for speculation. Is the bubble about to burst? Time will tell.
Thursday, February 25, 2021
Free The Money. Free The World
Franck Muller has just unveiled a high-tech watch that doubles as a Bitcoin wallet and read the time, too.
Sunday, February 07, 2021
The Rise And Fall Of Bitcoin Billionaire Arthur Hayes
Wednesday, January 20, 2021
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.
Saturday, February 22, 2020
Irish Drug Dealer Loses £46m Bitcoin Codes He Hid In Fishing Rod Case
Useful link:
https://www.theguardian.com/world/2020/feb/21/irish-drug-dealer-clifton-collins-l46m-bitcoin-codes-hid-fishing-rod-case
Monday, September 23, 2019
GK8
Useful link:
https://www.gk8.io
Saturday, August 24, 2019
There’s Another Reason Behind Bitcoin’s 200% Rise This Year
Useful link:
https://www.cnbc.com/2019/06/25/bitcoin-how-the-halvening-is-boosting-the-cryptocurrencys-price.html
Friday, July 12, 2019
Thursday, June 13, 2019
Bitcoin And Cryptocurrencies
Useful link:
https://www.cnbc.com/2019/05/08/nouriel-roubini-and-michael-novogratz-battle-over-bitcoin-and-crypto.html
Sunday, June 09, 2019
Hackers Steal 7,000 Bitcoin Worth $40 Million From Binance Exchange
Useful link:
https://www.bloomberg.com/news/articles/2019-05-08/crypto-exchange-giant-binance-reports-a-hack-of-7-000-bitcoin?srnd=premium-asia
Tuesday, May 14, 2019
John McAfee Vows To Unmask Bitcoin’s Satoshi Nakamoto
Useful link:
https://www.bloomberg.com/news/articles/2019-04-23/john-mcafee-vows-to-unmask-crypto-s-satoshi-nakamoto-within-days?srnd=premium-asia
Tuesday, April 23, 2019
Wednesday, March 06, 2019
Anarchy, Bitcoin, And Murder In Acapulco
Useful link:
https://www.wired.com/story/anarchy-bitcoin-and-murder-in-mexico