The Best Responses to Donald Trump’s Claim That Bitcoin Is Backed by ‘Thin Air’

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The cryptosphere was rubbing its hands with glee when U.S. president Donald Trump fired off a typically cantankerous tweetstorm on June 11 in which he took aim at Bitcoin, cryptocurrencies and Libra. Bitcoiners relished the sudden attention directed towards their sphere from the president’s 62 million-strong Twitter account, but took issue with the veracity of…

Observers Mock Fork Called Bitcoin2 That Pumps and Dumps on Two Exchanges

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Over the last 48 hours, cryptocurrency enthusiasts have been discussing a Bitcoin snapshot fork called Bitcoin2. The little known coin gained over 5,200% since May 28 on only two exchanges and managed to get listed on Coinmarketcap.com as well. Bitcoin2 is believed to be merely a pump and dump scam, much like a great majority…

Crypto Heresy: Question Blockstream on Twitter and You’ll Be Blocked

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Crypto Twitter (CT) is a grueling battleground between digital currency enthusiasts, company executives, maximalists, journalists, lawyers, and so-called thought leaders and luminaries. For instance, on May 8, reporter Larry Cermak posted data concerning Blockstream and its sidechain project Liquid’s performance over the last seven months. After Cermak shared unbiased figures and queried an alleged conflict…

Attempts to Deplatform @Bitcoin Account Reveal Private Message With Twitter CEO

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A number of cryptocurrency supporters have been getting riled up lately over the @Bitcoin account on Twitter. Over the last 48 hours, various bitcoin core (BTC) supporters have been reporting the account to Twitter and the platform’s CEO Jack Dorsey. Things escalated when one BTC supporter private messaged Dorsey about getting the @Bitcoin account banned,…

Browser Extension Aims to Identify Cryptocurrency Tribalism on Twitter

Browser Extension Aims to Identify Cryptocurrency Tribalism on Twitter

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A new browser extension called “Coinflict of Interest” was recently launched on GitHub and it aims to solve the problem of transparency on Crypto Twitter. Created by an open-source developer, Coinflict of Interest exposes bias towards certain coins among well-known figures in the crypto industry, helping people differentiate between truthful and sponsored content. Solving the…

Bitcoin Lightning Network Reaches 30K Channels and 7K Nodes with Support from Jack Dorsey

Bitcoin Lightning Network Reaches 30K Channels and 7K Nodes with Support from Jack Dorsey

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The Bitcoin Lightning Network has seen strong growth, surpassing 30,000 channels and close to 7,000 nodes in 2019. The network has reached new levels of capacity, currently supporting 738 BTC. When combined with endorsements from Twitter CEO, Jack Dorsey, support for the network doesn’t seem to be slowing down. Lightning Network Reaches Unexpected Heights Created…

Free Speech Social Network Gab Starts Accepting BTC

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Gab, a social network dedicated to preserving freedom of speech, has announced that its store now accepts BTC directly after banks and payment processors denied the platform service. “Literally no one can no-platform our new crypto shop,” Gab announced. The platform integrated Btcpay Server after it was refused service by Coinbase and Bitpay. Also read: Indian…

Ron Paul Twitter Survey: 50% of People Prefer Bitcoin as a Long-Term Investment

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In a recent Twitter poll issued by retired United States politician Ron Paul, half of the respondents indicated they would choose Bitcoin as a long-term investment over treasury bonds, Federal Reserve notes, and even gold. Ron Paul is a retired Republican and Libertarian politician, three-time presidential candidate, and former congressman of Texas’s 22nd congressional district.…

Fork Watch: Disputed Consensus and an Abundance of Game Theory

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In less than 24 hours the Bitcoin Cash (BCH) network will be facing a hard fork involving consensus changes that are currently disputed and may lead to a blockchain split. Two development teams have proposed different paths for the Nov. 15 upgrade and the clashing BCH reference implementations will be incompatible with each other after…