Category: Cryptocurrency News

So the first game at Crypto.com arena has just been played, with the Lakers going down to the Nets 122-115. Staples Center was one of the most iconic and well recognized arenas anywhere in the world. I know it will take time for everyone to get used to the change, and be a transition period,…
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submitted by /u/Thewasheast [link] [comments]

Do gas fees every go sub ~$5 these days for ERC20 (USDC)? Been waiting to initiate a transfer and debating whether I’m wasting my time…thanks! (I’m very new to ERC20) submitted by /u/TonyWander [link] [comments]

Turkey’s President Recep Tayyip Erdoğan reportedly announced that the country’s cryptocurrency law “is ready” and will be submitted to parliament “without delay.” Meanwhile, Turkey’s Financial Crimes Investigation Board (MASAK), which oversees crypto exchanges, has reportedly fined Binance Turkey over violations found during liability inspections. Turkish Cryptocurrency Law ‘Is Ready’ Turkish President Recep Tayyip Erdoğan said […]

When politicians and the media talk about crime using cryptocurrencies, you will see that they will talk about money laundering, drug trafficking, cybercrime, etc. So literally all those things that existed even before cryptocurrencies existed. Suddenly all these problems that exist are attributed to cryptocurrencies, but nowhere can I read how it was done with…
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Happy Holidays from the NewsBTC team. We come bearing gifts. We’ve got the cure for those suffering from cryptocurrency withdrawal syndrome. Spend the evening learning about Bitcoin in the most relaxed way possible. These five films were released throughout 2021 and contain the alpha everyone needs for the years ahead. At least the first four do, the fifth one has nothing to do with Bitcoin except for one small detail. Related Reading | The First Interactive NFT in the World – VR Movie on Mars Our sister site Bitcoinist covered the films and most of the accompanying text comes from those articles. Is there a better time for these films to make an appearance in NewsBTC than this lazy evening? Grab your beverage of choice, heat up those leftovers, and hit play in the one that interests you the most. Chances are you’ll end up watching them all. Once again, happy holidays and happy watching! Bitcoin Short #1- “This Machine Greens” (38 mins) Is Bitcoin mining’s energy consumption a bug or a feature? This documentary’s “thesis is that the process is “a net positive for the environment.” The aim was to “dispels many of the misconceptions about Bitcoin mining.” Directed by  Jamie King, of “Steal This Film” fame, and produced by Enrique Posner and Swan Bitcoin.  From the Bitcoinist’s coverage, in Part 1 they focus on the Petrodollar system: “Watch “This Machine Greens” to learn how the US Military literally backs the Petrodollar. And, of course, the US Military uses infinite energy year after year. Learn about the deal that the US made with Saudi Arabia. The US was to protect the Middle East. The Saudis promised that “The global oil market will be denominated in and conducted with dollars. Ensuring a constant global demand for the currency.” Think about the results of this crucial deal.” From Bitcoinist’s coverage, in Part 2 they explain how Bitcoin mining will fund green energy initiatives: “According to Alex Gladstein, Bitcoin can fund the “Electrification of new areas and creation of new economic activity.“ This machine greens, if you will. And if we’re talking infrastructure for clean energy, Magdalena Gronowska breaks it down:  “It’s derisking constructions of renewable energy facilities. It’s derisking it because it’s willing to buy 24/7, 365. And when you have a predictable buyer, a predictable revenue stream, it’s easy to plan out your operations. And that certainty means that that site gets built.” Bitcoin Short #2- “Human B” (73 mins) This recent German documentary is one of the best introductions to Bitcoin produced to date. On top of that, directors Aaron Mucke and Eva Mühlenbäumer created a slick audiovisual piece that flows like a river and is an aesthetical pleasure to watch.  In Bitcoinist’s coverage of the documentary, they introduce it like this: “Human B” shows us how people in Germany and Austria view the Bitcoin phenomenon. This is a worldwide movement, and it’s important to listen to all the voices out there. In the documentary, we get to hear from Bitcoin authors like Der Gigi and Anita Posch. From economist and punk rocker Marc Friedrich and journalist Friedemann Brenneis. Plus, from a normal person like Jan, who ends up being the star of the show. The documentary takes a surprising left turn when it travels to Caracas, Venezuela. There, we hear from Alessandro Cecere AKA El Sultán del Bitcoin, and from Juan José Pinto from Doctorminer.” #3- “Hard Money” (34 mins) This one is not about Bitcoin per se. This Bitcoin short is about money. To understand why Bitcoin is so important for the planet, people might need a refresher course on what money actually is.  This documentary is analogous to the first few chapters of Saifedean Ammous’ “The Bitcoin Standard,” and features sound bites from some of the most important Bitcoin philosophers out there. Directed by Richard James. In Bitcoinist’s coverage of the film, they convince you to watch it with this: “Watch the “Hard Money documentary and you’ll be able to answer these questions: Why was gold chosen as the premier form of hard currency? What were gold’s “severe flaws”? What is inflation and how does the government hide it? How breaking the relationship between the Dollar and gold broke the relationship between the market and reality. What is low and high time preference?  What does fractional reserve banking create? Why are the institutions that issue debt effectively printing new money?” BTC price chart on Bitbay | Source: BTC/USD on TradingView.com Bitcoin Short #4- “Bitcoin Is Generational Wealth” (15 mins) This one is not a documentary, even though it uses some of the genre’s techniques. Also, this is the only specimen on this list that didn’t get a positive review from Bitcoinist. Why is that? We won’t spoil it for you. Watch the film first and then read the linked text. Directed by Matt Hornick. Written and narrated by Tomer Strolight. In Bitcoinist’s bad review of the film, we find this quote: “Half speculative fiction, half predictive programming, “Bitcoin is Generational Wealth” is in a genre of its own. Using high-quality stock footage to produce a professional montage, the film should work. But it doesn’t. Is the script to blame? Probably. The film shows an idyllic future that every Bitcoiner has dreamt about, but it doesn’t explain how we get there. It takes the “Bitcoin fixes this” meme to its ridiculous extreme.” #5- “Lynchpin” (21 mins) This one is about amateur basketball. Its only link to Bitcoin is that Swan and the Bitcoin Movie Club financed and produced it. Is this the first of many or a one-time thing? Word on the street is that the companies will finance several chapters of this story, but don’t quote us on that. “Lynchpin” was supposed to be a TV show, so it sounds possible on that end. We’ll keep you all posted. Directed by Mike Nicoll. In Bitcoinist’s presentation of the short film, they introduced it as follows: “Compton Magic’s Etop Udo-Ema, “America’s most recognized basketball powerbroker,” is “Lynchpin’s” star. Before Covid hit, this charismatic man receives an offer that he can’t refuse. The whole short film follows him trying to change sponsors and create a league. That carries Etop to Roc Nation and its boss Jay Z, who happens to be Puma’s creative director. The whole enterprise seems to be on its right track. No one could predict the monkey wrench that hit the world’s engines.” Related Reading | Miramax Sues Quentin Tarantino Over “Pulp Fiction” NFTs. Tarantino Moves Forward And that’s enough Bitcoin for tonight. Happy holidays! Featured Image by Bru-nO on Pixabay | Charts by TradingView

submitted by /u/andrey111213 [link] [comments]

It's something I've wondered for a while but what will really happen to bitcoins price as the supply dries up? Yes the scarcity should drive the price up but there are so many other coins out there will people really get into a bidding war for the original coin? It's even more concerning when so…
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