By Graham Smith For those long involved in the crypto space, it’s easy to forget just how overwhelming and mystifying the world of bitcoin was when first encountered as a fresh-faced neophyte, unable to tell the difference between a bitcoin and a blockchain, or even what a private key was. In that interest, it stands to examine 7 common myths surrounding the permissionless … [Read more...] about Tackling 7 Myths About Bitcoin for Beginners
Bitcoin
Activist Larken Rose Weighs In on Bitcoin, Anarchy, and the Importance of Permissionless Cash
By Graham Smith Though his latest project with partner and fellow activist Amanda Rose, Candles in the Dark, is a program helping people escape authoritarian programming through non-confrontational dialogue, there’s nothing meek and mild about Larken Rose’s stance when it comes to government. News.Bitcoin.com recently connected with the outspoken anarchist via Skype to talk … [Read more...] about Activist Larken Rose Weighs In on Bitcoin, Anarchy, and the Importance of Permissionless Cash
“We’re Going to Find You” — How Undercover Agents Trade Prison Time for Bitcoins
By Graham Smith An Australian national living in Boulder, Colorado was slammed with a one year and a day prison sentence last month for trading bitcoins. An August 23 statement from the Colorado U.S. District Attorney’s Office states that Emilio Testa, 32, was charged with money laundering, and claims Testa knew the funds he was acquiring had been used in narcotics deals. … [Read more...] about “We’re Going to Find You” — How Undercover Agents Trade Prison Time for Bitcoins
The Economics of BTC Maximalism
By Sal Mayweather BTC maximalism is a flawed doctrine, fallacious in numerous respects. First, if you'd prefer to hear these arguments in audio, check out this recent episode of ABNP, where @mrpseu & I discused these same topics. Also, a qualifier: I'm not capable of making, defending or refuting technical arguments. I'll leave that aspect of the debate to … [Read more...] about The Economics of BTC Maximalism
From Booze to Bitcoin Mining – Why Violent Prohibition Is Always Harmful
Op-Ed by Graham Smith Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region. On July 31, Russia’s Kraskom power company reported illegal siphoning of power from … [Read more...] about From Booze to Bitcoin Mining – Why Violent Prohibition Is Always Harmful