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Highlights: The emergence of today’s high-priced, sophisticated bitcoin mining equipment is a possible signal that the price of bitcoin will continue to rise. The hashrate-to-price ratio chart is a fresh set of data that has illustrated the last two Bitcoin bear and bull markets, respectively. Bitmain’s new fleet of ASICS is more expensive than the…
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Key Takeaways: – There are administrative elements within the Bitcoin protocol that can be installed in corporate policy to enhance employee efficiency. – Installing decentralized policies can increase work-life morale, transparency, and individual autonomy in the workplace. – Decentralization of intelligence can potentially increase employee performance. – There are potential benefits to enabling employees to…
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Although there is a constant circuit of negligence on the global consensus of Bitcoin’s regulatory framework, the digital currency continues to hold the potential to positively impact the free market. Europe has taken giant steps forward towards progressive regulation. The European Union will install new legislation entitled MiCA (“Markets in Crypto-Assets”), which aims to implement…
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Barry Bonds is the greatest baseball player of all time. Because of his PED controversy, pitchers were so reluctant to pitch to him that he inadvertently broke the MLB record for most walks in a season twice in his career (177 times in 2001, and 232 times in 2004). Baseball is a game that is…
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Since it’s inception, there’s been a lot of fear, uncertainty and doubt regarding the true value of bitcoin. One of the latest controversial statements was stated by Cornell University Professor Eswar Prissad, who claims that, while the blockchain technology underlying bitcoin has real use – case, bitcoin itself “may not last that much longer.” “Given…
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Ray Kurzweil’s Law of Accelerating Returns is a fascinating concept. Does his novel theory validate the value and overall significance of the #Bitcoin proof-of-work protocol? In retrospect (I originally published this about 1 year ago), the ever increasing global Bitcoin hash rate and The Law of Accelerating returns may have some technical correlation with each other, however…
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Ordinal inscriptions have continued to surge in popularity on the bitcoin blockchain in recent months, with over 520,000 inscriptions recorded as of March 21, 2023. Ordinal inscriptions enable the embedding of arbitrary data onto the blockchain, such as text, photos, music, video, and applications. Ordinals: The Original NFT Unbeknownst to many, Bitcoin ordinals are as…
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You will spend your whole life trying to own high-maintenance physical property when you could have just bought bitcoin. The United States government can take your property from you for any reason or no reason at all (i.e. imminent domain). Whether you rent a house or buy a house, the utility of the home is…
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What if acclaimed writer Robert Greene wrote a book about Bitcoin? I’m not sure exactly what he would write. But I’m sure his title would look something like: “The 21 Laws of Bitcoin: An Intellectual Guide To Understanding Bitcoin.” This is an intellectual guide that provides essential ideas for understanding Bitcoin’s value. It also emphasizes the significance…
