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South Korea’s Central Bank Report Says ‘Bitcoin and Fiat Currency Can Coexist’

  South Korea’s Central Bank Researches the Relationship Between Bitcoin and Fiat Researchers from Seoul’s Hongik University and members of the Bank of Korea (BOK) have released a paper called “Crowding out in a Dual Currency Regime.” The paper written by Kihoon Hong, Kyounghoon Park, and Jongmin Yu details how cryptocurrencies and fiat monetary systems […]

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Do You Think They’ll Use the US Dollar on Mars?

The space age is shifting into a higher gear with extraordinary momentum. The US Congress recently directed NASA to prepare a plan for deep space exploration, which should include sending humans to Mars. Concurrently, private companies continue to create and expand the commercial space market.   In this regard, the fact that Bitcoin is borderless […]

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Bitcoin Mining: A Closer Look Under the Hood

Bitcoin mining is an integral part of the cryptocurrency’s infrastructure. The operation helps process transactions, creates new bitcoins and submits the validated transactions to the publicized and immutable distributed ledger. Currently, the network’s hashrate is running at a phenomenal 3,418,031,852 GH/s, strengthening the bitcoin architecture more so each and every day. But many newcomers hearing […]

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Popular Bitcoin Exchanges Reveal Controversial Hard Fork Contingency Plan

Over the past few days, the Bitcoin network scaling debate has been a viral topic as the community has begun deliberating the viability of a hard fork and a possible blockchain split. A Large Group of Bitcoin Exchanges Reveal Hard Fork Contingency Framework On March 17 roughly twenty well-known exchanges released a statement concerning the […]

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Research Says Claims of Terrorism Financed With Bitcoin Are Exaggerated

A new report from a British defense and security think tank, the Royal United Services Institute (RUSI), reveals that reports of terrorism financed through Bitcoin are greatly exaggerated. ‘Treating Cryptocurrencies as an Exceptional Threat is a Misleading Impression’ RUSI consultant David Carlisle said that there is a lot of attention given to the possibility of […]

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New Hampshire Exempts Bitcoin from Money Transmitter Regulations in New Bill

New Hampshire is known as the ‘Live Free or Die’ state. Living up to its nickname, the state house passed House Bill 436 early Wednesday morning. The bill exempts virtual currencies like bitcoin from costly money transmitter regulations and could pave the way for Bitcoin businesses to flock to New Hampshire. New Hampshire Exempts Bitcoin […]

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