In an interview with Chinese journalist Colin Wu (@WuBlockchain), Jiang Zhuoer, a Chinese bitcoin miner, said that bitcoin might turn bearish as the traditional economy recovers. Wu took to Twitter to summarize his interview, saying, “Jiang Zhuoer, one of China’s big miners, told WuBlockchain that according to the latest multiple model studies, the fastest will […]
What The Future Of NFTs Could Look Like As Per Multicoin Capital’s Mable Jiang
Mable Jiang, a partner at Multicoin Capital, noted down her new understanding of NFTs on Twitter. With the popularity gained recently, NFTs can be seen as a new form of value storage and transmission, compared to how they were viewed six months ago. Mable states that NFTs should be categorized concerning a specific medium instead […]
Turkish lira debacle – isn’t this precisely what Bitcoin was created for?
The lira crashes around 14% after the head of the Turkish central bank is fired. The same kind of fiat depreciation is happening in other countries around the world as Bitcoin continues to head higher. When Satoshi Nakamoto launched the bitcoin blockchain, the first ‘Genesis block’ carried the text “The Times 03/Jan/2009 Chancellor on brink of […]
The Top Universities Preparing Their Students in Blockchain Technology
The most well known application of the Blockchain is of course Cryptocurrency, however the technologies that make up the Blockchain are far-reaching, and have the potential to shape the business world in a radical way. A series of universities across the globe have begun to offer courses on blockchain technologies, designed to prepare their students […]
What Percentage Of Wealth Stored In Stocks Will Move Into Bitcoin?
As bitcoin eats into capital held in other stores of value, how much wealth will eventually transfer to BTC from equities? If you’ve been following potential bitcoin price targets, you know that many analysts expect bitcoin to completely consume or eat into portions of gold, money supply (M2), global fiat-denominated debt, stocks (equities) and real […]
What The Stock-To-Flow Model Says About Bitcoin’s Future Price
The stock-to-flow model, which accounts for the availability and production of an asset, can help predict the future bitcoin price. They say that the simplest way to beat the system is through emotionless investing. The irony, however, is that there is no form of investing in which emotions are not involved. If you have been […]
Trust, That We Need More Of
Bitcoin grants individuals the chance to create more trust through the rebuilding of social capital and economic stability. (This article is part of a two-article series from Karo Zagorus. The previous article in the series can be found on Citadel21.com in Volume 10 under the name “Trust, The Lack Of.”) Fiat money has evolved into […]
What Could Happen To The Price Of Bitcoin As Coinbase Goes Public?
As Coinbase is set to go public via direct listing, how will Bitcoin (and the BTC price) be impacted? 2021 is shaping up to be a landmark year for the cryptocurrency landscape. While bitcoin is continuing to discover new all-time price highs, one of the industry’s leading exchanges, Coinbase, is set to go public via […]
On-Chain Update: Price Drop Causes And Long-Term Metrics
After a volatile week for bitcoin’s price, what can on-chain data tell us about the price drop, long-term HODLers, liquidity and more? Another volatile week in the books for bitcoin, with the price ranging between a new all-time high of $61,788 down to $53,221. There are several developments on chain that are worth diving into. […]
Bitcoin Wallets For Beginners: From Zero To Self Custody Of KYC-Free BTC
Bitcoin Magazine’s “Bitcoin Wallets For Beginners” series covers everything you need to know about obtaining and securing your bitcoin in a safe and private way. This article is designed to explain the importance of self-custody and the dangers of know your customer (KYC) regulations; to demonstrate to Bitcoin beginners how to install, secure and use […]