Bitcoin Community news-Page 2
Bitcoin B logo lights up Germany's tallest building in Berlin
The Bitcoin (BTC) logo lit up the night sky in Berlin this weekend, adorning Germany’s tallest building with a giant orange B. On January 21, the Bitcoin logo illuminated the Berliner Fernsehturm tower–known as the TV Tower. German Bitcoiners took to Twitter and social media to share photos and videos of the illumination, then shared by prominent Bitcoin Twitter accounts. The man behind the B, a German Bitcoiner called Tilo told Cointelegraph why the idea came to him: "We just want to call attention on bitcoin! We’re fans of Guerilla actions like this and will keep on track." Tilo is …
Bitcoin / Jan. 23, 2023
Coinbase CEO urges Bitcoin legal tender for Brazil, Argentina — Reaction
As Brazil and Argentina started preparatory work for a potential common currency, Coinbase CEO Brian Armstrong floated the idea of the two countries moving to Bitcoin (BTC). This sparked various discussions over the viability of BTC as a national currency. On Jan. 22, the two South American countries announced their preparations to discuss a plan for a common currency that will run parallel with the Argentine peso and the Brazilian real. The move could potentially create the second-largest currency bloc in the world. As the news broke, Armstrong took to Twitter to suggest that BTC may be the right choice …
Adoption / Jan. 23, 2023
Community celebrates Bitcoin Genesis Day by sending BTC to the Genesis block
As Bitcoin (BTC) had its 14th birthday, Bitcoiners from around the world are celebrating in various ways, with some opting to send BTC to the address containing the rewards for mining the Genesis block. On January 3, 2009, the pseudonymous Bitcoin creator Satoshi Nakamoto mined the Genesis block, which led to the minting of the first 50 BTC. This instance paved the way for an entire industry to be developed, with millions of people working toward a similar vision for the future of money. This is why on this day, many showed their respect by posting various greetings to the …
Adoption / Jan. 3, 2023
Bitcoin Core developer hack highlights self-custody risks: Community responds
With one of Bitcoin's original core developers claiming that his balance got drained by a hacker, the crypto community is at a loss at how “normal people” can succeed at securing their own Bitcoin (BTC). In a recent thread, Luke Dashjr claimed that some alleged attackers had somehow accessed his PGP (Pretty Good Privacy) key, which is from an encryption program that creates cryptographic authentication. Members of the crypto community voiced their concerns about how a Bitcoin core developer who is known for being security conscious could be compromised. Some believe that this makes it difficult for normal people to …
Bitcoin / Jan. 2, 2023
Wife of Hal Finney announces Bitcoin charity event
Fran Finney, the wife of crypto pioneer Hal Finney, has announced a charity event to benefit victims of amyotrophic lateral sclerosis (ALS). Discussing the event on Twitter, Finney encouraged Bitcoin users to run a half marathon and share their experiences on social media between January 1 and January 10, 2023, to help raise funds to fight the disease. https://t.co/xpcvzCmtMd Hi everyone, this is Fran Finney, wife of Hal Finney, an early pioneer of Bitcoin. I want to let you know about a special event I'm organizing in honor of my husband. Thank you for all your interest in Hal and …
Bitcoin / Dec. 27, 2022
Not medical advice: Bitcoiner implants Lightning chip to make BTC payments by hand
The Lightning Network continues to shock the Bitcoin (BTC) community. A swiss IT Professional called F418 (not his real name) surgically implanted a Lightning-enabled chip into his right hand to make Lightning Network (LN) payments. Speaking with Cointelegraph, F418 said he experimented with body modification and LN payments for fun. He does not recommend that Bitcoin enthusiasts take the layer-2 payments network, the LN, into their own hands as he did. “The use is just to show that it is possible and you can do stuff like that." He added that most people carry cards, it’s just his hand has …
Bitcoin / Dec. 13, 2022
Bitcoin advocate dishes out sats over Lightning Network to raise BTC awareness
A Bitcoin (BTC) advocate on Twitter known by the name of ShireHodl, or simply Shire, sent over 110 micropayments to first-time Bitcoin Lightning users in response to Michael Saylor's Lightning Network pool. Shire asked those new to Lightning to download a Lightning wallet from App Store or Google Play Store and to send him a QR invoice. To pay the invoice, Shire scanned the code with his camera, and the Bitcoin Lightning Network did the rest. In the Tweet, Shire said he’d send 1000 sats to as many people as he can be bothered before sleep. OK guys. Sent 76 …
Adoption / Dec. 6, 2022
Bitcoin addresses holding at least 1 BTC close in to a million
Smaller wallet addresses in the Bitcoin (BTC) ecosystem continue accumulating BTC despite market turmoil. The number of known addresses on the Bitcoin blockchain that hold 1 BTC or more has hit a new all-time high. According to blockchain analytics company Glassnode, the number of wallets holding at least 1 BTC or more reached 950,000. Bitcoin podcast host Jake Woodhouse told Cointelegraph that “To the untrained eye, the price of something reflects the value. However, price action should not be confused with value, as the most recent data in the Bitcoin market represents.” He added: “Plebs around the world are hoovering …
Bitcoin / Nov. 25, 2022
How to build a Bitcoin Beach: Advice from the pros
How does one build a Bitcoin (BTC) community? How to start? Where to begin? And what are the best practices? Cointelegraph spoke to Bitcoin community builders around the world to shed light on a growing phenomenon in the Bitcoin world. From Indonesia to South Africa to El Salvador and the Congo, circular-based Bitcoin economies and community projects have sprung up across the globe. Cointelegraph asked the successful community-focused Bitcoiners how to kickstart a Bitcoin circular economy and what advice they’d lend to enthusiasts looking to replicate the success of projects like Bitcoin Beach, El Zonte. For Bitcoin community project leader …
Bitcoin / Nov. 13, 2022
The Madeira Bitcoin adoption experiment takes flight
This spring, the Madeiran archipelago “adopted” Bitcoin (BTC). Madeira’s President, Miguel Albuquerque, was invited onto the stage at Bitcoin Miami 2022 by Jan3 CEO Samson Mow to announce the promise. The president announced, “I believe in the future, and I believe in Bitcoin.” Days prior, Albuquerque was breaking bread with Michael Saylor, executive chairman of MicroStrategy, at his luxury villa. Albuquerque was “orange-pilled” by one of the world’s wealthiest Bitcoin hodlers. Nonetheless, as Cointelegraph later reported, the island of Madeira was not adopting but, in fact, “embracing” Bitcoin. The European Union governs the Portuguese islands, therefore, they cannot legally adopt …
Bitcoin / Oct. 24, 2022
Web3 grows in online searches as interest in Bitcoin declines: Google Trends
The global crypto community has started to redirect its interest from Bitcoin (BTC) to Web3, according to Google search trends. In order to keep up with decade-long innovations spanning from blockchain-based applications to nonfungible tokens (NFTs), crypto investors and enthusiasts rely on searching the web — disclosing their true sentiments in real-time. Most recently, searches for the term ‘Bitcoin dead’ reached an all-time high owing to peak anxiety among investors amid ongoing sell-offs at the time. As a result of the prolonged bear market, global Google searches for Bitcoin have reached their lowest point in over a year. On the …
Adoption / Oct. 24, 2022
Raising a glass to Satoshi’s Place and the challenge of running Bitcoin businesses
Cointelegraph took a trip to Satoshi’s Place on Friday, a Bitcoin (BTC) hub in Greater Manchester. Named after the anonymous creator of the world’s largest and most widely accepted cryptocurrency, the bar and workspace offers workshops, coworking spaces for local businesses and Bitcoin-inspired cocktails. Adam, the founder (who chose not to share his surname), first heard about Bitcoin in 2012 and has spent the past 10 years experimenting with ways to onboard and educate people about magic internet money. He told Cointelegraph over a beer–paid for by Bitcoin over the Lightning Network–that it’s the first of many forays into Bitcoin …
Bitcoin / Sept. 21, 2022