Craig Wright’s Ramblings: Everyone Using Bitcoin And The Lightning Network Are Thieves, Binance Is A Criminal Cartel, Bitcoin Is Breaking The Law And Will Be Sued

Craig Wright runs his own blog which is filled with anti crypto space ramblings. Right off the bat, the tagline for the blog is “Bitcoin SV is the original Bitcoin”, which is a solid sign that everything else in the blog will be madness. This article explores several of Craig Wright’s more unhinged blog posts.… Read more

Max Keiser Says That Gold Is Like Toilet Paper, It Will Run Out, And People Will Flock To Bitcoin

Crypto influencer Max Keiser says that just like toilet paper, which disappeared from store shelves across the country amid the Coronavirus pandemic, gold will run out too due to people hoarding it, and at that point there will be a mad dash to buy up Bitcoin (BTC). According to a Bloomberg report, physical gold supply… Read more

Global Reserve Currencies Have Tended To Last Only 100 Years, Will Bitcoin Be Next? In Reality The USD Is More Dominant Than Ever, and Bitcoin Cannot Be A Global Reserve Currency Since There Is No Nation Behind It

Crypto influencer PlanB has posted a thought provoking tweet, showing how the world’s global reserve currencies have generally only remained dominant for 100 years. This has led to speculation that the USD is nearing the end of its reign, since the USD has been dominant for 100 years now. Further, there is speculation that Bitcoin… Read more

Could This Week’s Bitcoin Crash Create The Perfect Conditions For A Major Rally?

Things may seem pessimistic after the major cryptocurrency price crash that occurred this week. Bitcoin (BTC) dropped as low as $3,850, down from $10,500 only a month ago, and most major cryptocurrencies declined over 40% in just 24 hours. However, could this price crash create the perfect conditions for a Bitcoin (BTC) and crypto rally,… Read more

Russia to Ban Cryptocurrency as a Payment Method and Looking to De-anonymize All Crypto Users, Likely in Response to Accelerating Economic Weakness

The Russian Federal Security Service (FSB), successor to the KGB, and the Bank of Russia have agreed to ban cryptocurrency payments in Russia, and it remains possible that they will enact even stricter measures. This move came with the backdrop of an increasingly shaky Russian economy, which may explain the decision. The Bank of Russia… Read more

Lightning Network Development Is Now Centralized and for Profit after Lightning Labs Raises $10 Million and Launches First Commercial Service

Bitcoin (BTC) technology and infrastructure development has taken a centralized turn after the announcement that Lightning Labs, which is a primary developer for Lightning Network technology, raised $10 million in a Series A funding round.  It was led by Craft Ventures, with several firms and venture capitalists from the traditional financial sector pitching in. Logically,… Read more

Lightning Network Adoption Is Stagnating, Perhaps the Best Way Forward Is to Integrate the Lightning Network Directly Into Bitcoin’s Code

The Lightning Network is critically important for the future adoption and scalability of Bitcoin (BTC). However, Lightning Network growth is stagnating, casting doubt on whether the Lightning Network will ever be used by enough people to take Bitcoin (BTC) adoption to the next level. In this article, we take on a potential solution — that… Read more

CFTC Chairman Thinks Ethereum Futures Are Likely in the Future

The Chairman of the Commodities Futures Trading Commission (CFTC), Heath Tarbert, acknowledges that Ethereum futures are likely in the future. “We are doing a lot in the digital asset space,” Tarbert said. “We are seeing exchanges started to list; certainly, we have seen Bitcoin futures, both cash-settled as well as physically-delivered. My guess is we… Read more

Mining Taxes Can Ultimately Centralize Power Into the Hands of a Small Group of Devs, While Causing Community Splits and Price Devaluation Along the Way

The newest disturbing trend in the crypto space is mining taxes, which are essentially a percentage tax levied on mining revenue in order to support a development fund. The major cryptocurrencies Bitcoin Cash (BCH) and Zcash (ZEC), which have market caps of $6.85 billion and $540 million respectively, both proposed mining taxes this week. The… Read more

A Mere 0.08% of Crypto Transactions Are Associated with Illegal Activity, and Fiat Currency Is Used for Crime 1,000-2,500 Times More Than Crypto

Over the years Bitcoin (BTC) has often been the target of scrutiny from politicians, regulators, Wall Street, and the mainstream media, with the common theme of attacks being that Bitcoin (BTC) is mostly used for drugs, crime, and terrorism. However, new data from Chainalysis shows that only 0.08% of crypto transactions are connected with illegal… Read more