Interview: The Epic Of Bitcoin With Allen Farrington

Allen Farrington joined the “Bitcoin Magazine Podcast” to discuss his articles and Bitcoin’s cultural alignments. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast Prior to the Bitcoin 2021 conference, “Bitcoin Magazine Podcast” host Christian Keroles sat down with keynote speaker and incredible Bitcoin thinker Allen Farrington for one of his very first podcasts appearances. This interview covered two of Farrington’s seminal works and why Farrington prefers to investigate Bitcoin’s cultural and literature alignments over the typical framing of economics, trading and technology. First, Keroles…

Read More

Dhruv Bansal On Societal Organization Systems And Bitcoin

The visionary Unchained Capital co-founder excitedly details his thoughts on why bitcoin is so inspirational. This interview with Dhruv Bansal was conducted by myself in an effort to obtain valuable insight into a rather visionary Bitcoiners mind, and I believe my mission was accomplished. Bansal’s answers are profound and thought-provoking, giving us a glimpse into his thoughts on Bitcoin at large. Be sure to check out his talk at Bitcoin 2021 here after reading the edited transcript of our interview below. Casey Carrillo: Hi everyone, I have here Dhruv Bansal,…

Read More

The Conundrum Of Bitcoin Legal Tender Laws

The adoption of bitcoin by El Salvador poses an interesting contradiction of freedoms, albeit solved on a secondary level. Nayib Bukele, El Salvador’s laser-eyed President, shocked the world at the Bitcoin 2021 conference in Miami when he announced that bitcoin would become legal tender in his country. A few days later, the “Bitcoin Law” was passed, ushering in a new era for the virtual currency. There is something about the law — mandating that vendors accept bitcoin — that goes against the voluntary “opt-in” ethos of Bitcoin. However, there are…

Read More

Bitcoin Miners Are Moving Out Of China

The bitcoin mining hub has slowly been losing its dominance in the global hash market. Over the past few weeks, Bitcoin markets have had to deal with a swarm of bad news coming out of China. It started with rumors that miners in Sichuan had gone offline after the province limited energy-intensive industrial activities, such as Bitcoin mining. Then came a joint statement by three of China’s top financial self-regulatory organizations reminding the public of the country’s 2017 ban on crypto assets. Then it was reported that for the first…

Read More

Hardware Wallet Manufacturer Foundation Devices Raises $2 Million In Seed Round

Bitcoin hardware wallet manufacturer Foundation Devices has raised $2 million in a seed round led by venture fund Bolt. Foundation Devices, a bitcoin hardware wallet manufacturer, has announced it has raised $2 million in a seed round led by early-stage venture fund Bolt. Along with the round, Tyler Mincey, a partner at Bolt who previously worked at Apple, will join the Foundation board. “Foundation is building the open hardware foundation for Bitcoin and a decentralized internet,” the manufacturer stated in the announcement. “We believe that a new internet, powered by…

Read More

El Salvador President Invites Bitcoin Miners To Utilize Volcano Energy

Nayib Bukele, the president of El Salvador, invited bitcoin miners to set up at a state-owned geothermal facility powered by a volcano. The President of El Salvador, Nayib Bukele, has invited bitcoin miners to take advantage of new facilities to be set up at a state-owned geothermal, electric company specifically for the industry. “Our engineers just informed me that they dug a new well, that will provide approximately 95 [megawatts] of 100% clean, 0 emissions geothermal energy from our volcanos,” Bukele shared on Twitter. “Starting to design a full Bitcoin…

Read More

Bitcoin Wallet Manufacturer Ledger Completes $380 Million Fundraise At $1.5 Billion Valuation

Bitcoin hardware wallet manufacturer Ledger has raised $380 million, giving it unicorn startup status at a $1.5 billion valuation. Ledger, a hardware wallet manufacturer for bitcoin and other cryptocurrencies, has announced the completion of a $380 million series C investment round led by cryptocurrency-focused investment fund 10T Holdings, whose CEO will now be joining the Ledger board. With this fundraising round, Ledger has an implied $1.5 billion valuation, conferring it the status of a “unicorn” startup. “This Series C announcement marks the transition of Ledger from the leading digital asset…

Read More

Square Allocates $5 Million Bitcoin Endowment To Black Bitcoin Billionaire

Bitcoin-forward financial services company Square has allocated $5 million in BTC from its endowment to Black Bitcoin Billionaire. Financial services company Square has allocated $5 million in BTC as part of its Bitcoin Endowment program to educational program Black Bitcoin Billionaire, the first-ever recipient for a grant from this program. The grant comes as part of a larger commitment to invest $100 million in minority and underserved communities, originally made in September 2020. Square announced the allocation of $25 million of this total investment yesterday and released a memo outlining…

Read More

Why Every Single Person Needs Bitcoin

The humanitarian aspects of bitcoin overshadow the nominal value focused on by many westerners. It’s become really easy to get lost with all the volatility and headlines present in Bitcoin lately. The various altcoins are becoming more and more distracting, albeit ever-useless, and new entrants into the space continue to make us forget the real reason why we are here. Unfortunately, the people behind these schemes simply don’t understand what a crucial time we are living through. Bitcoin is a fix to the current corrupt system. Traditionally, governments collect some…

Read More

Interview: The Pleb’s Bitcoin Development Fund With Ben Price

On this episode of the “Bitcoin Magazine Podcast,” host Christian Keroles sat down with Ben Price of Bitcoin development project Open Sats. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast On this episode of the “Bitcoin Magazine Podcast,” host Christian Keroles sat down with Ben Price of Bitcoin development project Open Sats.  Price is a Bitcoin pleb who left Visa to work on funding open-source software development. He created Open Sats, a 100% pass-through nonprofit for allowing Bitcoiners to donate to open-source development in…

Read More