Posts

Showing posts with the label bitcoin community

The Truth Behind Cuba’s Bitcoin Revolution: Video

Image
Cointelegraph’s latest documentary takes viewers to Cuba, the land of classic cars, communism, hyperinflation and Bitcoin. Cuba, a country known for its unique blend of rich history, vibrant culture and political isolation, is the focus of Cointelegraph’s latest on-the-ground documentary. The Truth Behind Cuba’s Bitcoin Revolution  explores Bitcoin’s (BTC) impact in one of the world’s last remaining communist states.  The documentary provides a firsthand account of how Cubans are using Bitcoin to navigate challenging economic circumstances, attract new businesses and save money in a censorship-heavy environment. Journalist and Bitcoin enthusiast Joe Hall embarked on the journey to Cuba, determined to witness and capture the “Bitcoin revolution” that gained prominence in Alex Gladstein’s book Check Your Financial Privilege . Gladstein explains how Cubans have harnessed Bitcoin’s stateless, low-fee nature to escape financial oppression and secure their savings. The documentary explores ...

Bitcoin block 800,000 mined — What’s next?

Image
Tick tock, next block. The Bitcoin network passed block 800,000 with less than a year to go to the next block reward halving. The Bitcoin network has mined block 800,000, with just 40,000 left to mine before the network’s next mining reward halving. The 800,000th block contained 3721 transactions at 1.64 megabytes, with the price of Bitcoin (BTC) trading at $29,815 on July 24, as market researcher Dylan LeClair noted on Twitter: #Bitcoin block 800,000. pic.twitter.com/Yw9c6klqbY — Dylan LeClair (@DylanLeClair_) July 24, 2023 The milestone was widely shared across the social media platform on July 24, with Bitcoin proponents and industry commentators highlighting the milestone as an indicator of network security and resilience: The #Bitcoin network just produced block number 800,000. 800,000 block s without a central bank. 800,000 block s without a government. 800,000 block s without a CEO. 800,000 block s without asking for permission. pic.twitter.com/hf8RpC3jlP — Walk...

UK forms Bitcoin Policy org to boost BTC education and adoption

Image
A Bitcoin-only policy organization in the United Kingdom seeks to steer a course for greater levels of Bitcoin adoption. God save our gracious coin, long live the coin. A team of entrepreneurs, environmentalists and Bitcoin (BTC) advocates have assembled to back Bitcoin in Britain. The Bitcoin Policy U.K. (BPUK) unites stakeholders, policymakers, environmentalists, tax specialists, Bitcoin experts and miners to “Unlock the potential of Bitcoin” in Britain, and explore how the decentralized currency’s burgeoning industry could benefit U.K. households, businesses, and communities. The BPUK’s primary objectives are to drive investment, both generate and prepare students for the Bitcoin jobs of the future, raise awareness and education , while also exploring the use of wasted and stranded energy resources for Bitcoin mining. Head of policy, Freddie New, told Cointelegraph that “The genesis of this project was the Bitcoin Collective Conference in Edinburgh.” The Bitcoin Collective confere...