July 2023

WikiLeaks, after Mastercard, Visa and other major payment processors illegally blocked payments, turned to Bitcoin and made 50,000% returns. People still wonder what usecases Bitcoin has.

After WikiLeaks was blamed for sharing classified information that the US government didn’t like at all, the US Government illegally forced payment processors including Visa, Mastercard, PayPal and other to block payments to them. Come 2011 June, when they started accepting Bitcoin donations. In fact, they wanted to do so Read more…

By dan, ago

Bitcoin wasn’t created to replace fiat. It wasn’t made to re-invent the same broken wheel. It was designed as a completely new alternative, to offer people a choice. One that finally answers the problems we’ve had for the last thousands of years.

Since the early days of money, early civilizations quickly realized there was a flaw with money. The Sumerian realized early on that the only thing that matters in the end, is the ledger. They created a ledger, instead of dealing with coins. ​ https://preview.redd.it/q1qxeyqbfpeb1.jpg?width=522&format=pjpg&auto=webp&s=ee57585ebcb96c078ac136e16d2fd8077da896ff When someone made a transaction, they Read more…

By dan, ago

61 exchanges have closed their doors in 2023, totaling 429 close downs since 2014. Most of them “just disappeared”: An update on The Exchange Graveyard.

And in 2023 alone, 61 exchanges closed their doors. This is an update on my regular analysis of exchanges. I’ve analyzed The Exchange Graveyard data in a previous post, and decided to do another round accounting for recent 2023 data. Here are the results! 183 (~42.65%) exchanges “just vanished” since Read more…

By dan, ago