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PayPal co-founder Peter Thiel made headlines this week when it was announced that his venture capital firm, Founders Fund, purchased somewhere between USD$15 and $20 million in Bitcoin. The disclosure carries some weight, given that Thiel, along with his co-founders, had the foresight to start a digital payments service two decades ago. A man of[…]

Every time it seems the Bitcoin price couldn’t possibly climb any higher, it exceeds expectations. Earlier this year Bitcoin made headlines, with analysts predicting that it could go up to $3000. It did, much sooner than most people imagined. A few months later, $5000 and up became the norm. This week, a week-long surge culminated[…]

The bitcoin fork back on August 1 was the culmination of a dispute over how to scale bitcoin – a long skirmish some have called a “Bitcoin Civil War.” The lack of consensus led to a fork, which is when a cryptocurrency splits into two separate cryptocurrencies. This summer’s fork led to the creation of[…]

This historic Bitcoin milestone was predicted by Bitcoin proponents well in advance. To some, it was only a matter of time. Others are aiming much higher. None of which dulled the excitement when the Bitcoin price reached an all-time high of $5000 USD per BTC on the CoinDesk Bitcoin Price Index on September 1! 2017[…]

The question of Bitcoin scaling is finally settled: On August 24 SegWit was activated! This is a major technical milestone, and a cause for celebration in the bitcoin community. Developers now have the ability to use the new protocol, which is expected to improve transaction speed and security – and lower fees. To give you[…]

The issue of bitcoin scalability has been a persistent one, and the subject of heated debate, for some time. While bitcoin’s price soared to new heights and users multiplied, the question loomed: How can it be scaled? Let’s look at the basics. Bitcoin uses blockchain technology. A blockchain is essentially a distributed database for an[…]

Entrepreneurs are naturally drawn to Bitcoin. They are original thinkers, typically unconventional and often visionary. They’re perfectly comfortable taking the road less traveled. They may even prefer it. To them, a decentralized, purely digital currency simply makes sense in an increasingly globalized and digitized world. Business owners and entrepreneurs have been among the first to[…]