Bitcoin

Tether Is Fully Backed, Assurance Opinion Shows

Legend has it that there cannot be a Bitcoin bull market without an episode of vocal concerns about the state of the world’s largest stablecoin Tether (USDt).

Earlier this year, accusations resurfaced that USDt was not fully backed, meaning that its issuer…

89.8K views01:38

Blockstream is launching a #Bitcoin mining security token.

https://btctimes.com/news/blockstream-to-launch-bitcoin-mining-security-token

Blockstream to Launch Bitcoin Mining Security Token

While the wider ecosystem is honing in on NFTs, bitcoiners are now making their own tokens.

Bitcoin infrastructure company Blockstream is gearing up to raise funds via a security token offering (STO), according to a press release shared with the BTC Times.…

112K views01:42

THE "JOURNALISTS" WHO CONVINCED YOU THAT BITCOIN WAS A PONZI SCHEME ARE, IN FACT, THE TRUE SCAMMERS

- Jameson Lopp

https://twitter.com/lopp/status/1376900892239261698

THE "JOURNALISTS" WHO CONVINCED YOU THAT BITCOIN WAS A PONZI SCHEME ARE, IN FACT, THE TRUE SCAMMERS

Jameson Lopp

422K views01:43

Tesla has sold 10% of its #bitcoin holdings "essentially to prove liquidity of Bitcoin as an alternative to holding cash on balance sheet," Tesla chief Elon Musk said.

https://www.btctimes.com/news/tesla-sold-272m-of-bitcoin-to-prove-liquidity

Tesla Sold $272M Worth of Bitcoin to "Prove Liquidity of Bitcoin"

Tesla has sold $272 million worth of bitcoin, amounting to 10% of its previous $1.5 billion bitcoin purchase announced in February.

This leaves the car manufacturer with $1.331 billion worth of bitcoin on its balance sheet, according to the firm's Q1 shareholder…

59.1K views14:49

"Bitcoin uses too much eNeRgY!" he types on his $2,000 Macbook pro in his $5,000/month apartment while sipping on his $10 daily latte. A Paul Krugman podcast softly plays in the background.

- Dan Held

https://twitter.com/danheld/status/1387783269710655503

"Bitcoin uses too much eNeRgY!" he types on his $2,000 Macbook pro in his $5,000/month apartment while sipping on his $10 daily latte. A Paul Krugman podcast softly plays in the background.

Dan Hedl

👍1

49.1K views08:03

Blockstream Releases Base Station For Bitcoin Broadcasting Satellite

"Blockstream has introduced the Blockstream Satellite Base Station, a receiver for the satellite it maintains to broadcast the Bitcoin blockchain from space."

https://bitcoinmagazine.com/business/blockstream-offers-satellite-base-station

❤1

56.7K views08:09

Crypto’s Shadow Currency Surges Past Deposits of Most U.S. Banks

Tether, the crypto stablecoin backed one-for-one by fiat currencies, surpassed $50 billion in circulation, a sum that’s more than the insured deposits at all but 44 of the thousands of U.S. banks.

https://www.bloomberg.com/news/articles/2021-05-01/crypto-s-shadow-currency-surges-past-deposits-of-most-u-s-banks

Bloomberg.com

53.4K views00:13

OPINION: For years now, we’ve been creating a zombie economy, with assets and stocks inflated far beyond their true value because, for want of a better alternative, they represented the best way of hedging against inflation.

https://www.btctimes.com/news/all-you-need-is-bitcoin

48.4K views18:47

E-Commerce Giant MercadoLibre Discloses $7.8M Bitcoin Buy

hodling #bitcoin 🤟🏻

- Kari Due-Andresen (Chief Economist Norway)

https://twitter.com/karidueandresen/status/1388565910668124163

53.5K views21:00

Latin American e-commerce giant MercadoLibre disclosed a $7.8 million bitcoin purchase on Wednesday, making it the latest publicly traded company to park bitcoin on its balance sheet.

https://www.coindesk.com/e-commerce-giant-mercadolibre-discloses-7-8m-bitcoin-buy

CoinDesk

The Latin American retailer said the purchase was in the last quarter.

56.3K views00:51

Tokyo Metropolitan Assembly members are advocating for the creation of a "special zone" in Tokyo that would allow for the tax-free use of #Bitcoin in the city.

https://www.btctimes.com/news/Tokyo-assembly-members-seek-0-percent-bitcoin-tax

Tokyo Assembly Members Seek 0% Bitcoin Tax in the Japanese Capital

Members of Tomin First no Kai, a ruling party of the Tokyo Metropolitan Assembly, are advocating for a 0% Bitcoin tax in the city as part of their plan to transform Tokyo into a financial hub.

As reported by Yahoo last week, assembly member Yu Ito sees Tokyo's…

37.7K views02:52

Elon Musk has received backlash from bitcoiners over Tesla's take on Bitcoin's energy use, which motivated the firm's decision to stop accepting #bitcoin for payments.

https://www.btctimes.com/news/elon-ditches-bitcoin-payments-bitcoiners-ditch-tesla-orders

As Elon Ditches Bitcoin Payments, Bitcoiners Ditch Their Tesla Orders

$10,000 red candles appear less shocking the second time around. And although Bitcoin is on its way to recovery following a near-instant crash to $45,000, the culprit remains the center of attention: Elon Musk, who sent waves of shock, confusion, and outrage…

34.1K views04:45

Not accepting #Bitcoin for payments in order to save the environment is almost as effective as using paper straws instead of plastic.

- Samson Mow

https://twitter.com/Excellion/status/1392719249571913729

Not accepting #Bitcoin for payments in order to save the environment is almost as effective as using paper straws instead of plastic.

Samson Mow

32K views07:31

Dear @elonmusk …

- Chris Dunn

https://twitter.com/ChrisDunnTV/status/1392644291579858944

33.2K views08:58

Money printing and debt of the fiat state system 💁‍♂️

#Bitcoin fixes this

- Bitcoin Meme Hub

https://twitter.com/BitcoinMemeHub/status/1391931631020253186

🟩 Bitcoin Meme Hub 🔞 #taproot

Money printing and debt of the fiat state system 💁‍♂️#Bitcoin fixes this

30.6K views02:06

Tether has revealed a breakdown of the reserves backing $USDt.

https://www.btctimes.com/news/tether-publishes-breakdown-of-reserves

Tether Publishes Breakdown of Reserves Backing the World's Largest Stablecoin

The world's largest stablecoin has had its fair share of media exposure during the latest Bitcoin bull market as critics questioned its backing, even going as far as to allege Bitcoin price manipulation through the use of Tether (USDt).

In March, the New…

29K views04:04

#Bitcoin Mining serves as the foundation of the monetary network - critical to its growth, stability, longevity, vitality, & integrity. The Proof of Work architecture is a masterpiece of engineering that anchors the system to the real world, providing Seven Layers of Security.

- Michael Saylor

https://twitter.com/michael_saylor/status/1392904263123283975

Michael Saylor⚡️

❤1

30.9K views05:55

BlackRock, with $9.01 trillion under management, "#Bitcoin is durable and it will be part of the investment arena for years to come"

- Documenting Bitcoin

https://twitter.com/DocumentingBTC/status/1392826585879879680

BlackRock, with $9.01 trillion under management, "#Bitcoin is durable and it will be part of the investment arena for years to come"

Documenting Bitcoin 📄

32.1K views09:00

Bitfinex is hiring ReactJsJ front-end developers. If you like challenges, being part of a super-talented team and building amazing products you should apply below.

- Paolo Ardoino

https://twitter.com/paoloardoino/status/1393142789274324995

29.1K views22:45

MicroStrategy CEO: Bitcoin is the most powerful and disruptive technology of our lifetime

MicroStrategy CEO: Bitcoin is the most powerful and disruptive technology of our lifetime

https://www.msn.com/en-us/money/other/microstrategy-ceo-bitcoin-is-the-most-powerful-and-disruptive-technology-of-our-lifetime/ar-BB1gF9Zg

Msn

[Editor's note: Michael Saylor's and Vala Afshar's opinions are their own, and their enthusiasm for Bitcoin should not be construed as investment advice. For a nuanced introduction to cryptocurrency, please see: "What is crypto? The business starter guide…

32.4K views03:02

Net result (after Turkey ban, US tax FUD, Faketoshi law suits, Elon/Tesla energy FUD) is that bitcoin is 5x higher than ~6 months ago. And both S2FX model + onchain data indicate that we are only halfway this bull market. I would not be surprised to see another 5x next ~6 months.

- PlanB

https://twitter.com/100trillionUSD/status/1393184522171207680