Antigua and Barbuda has recently changed its citizenship rules. They will accept payment in the form of Bitcoin or other cryptocurrencies in exchange for citizenship. They are trying to get money back into their National Development Fund after having been cut down to $100,000 with last year’s hurricane trauma. The price of this citizenship is 13 BTC. The good news is, they are well aware of the dangers accepting cryptocurrency can impose and their prime minister is all over it.... Read More »
Tag Archive: Bitcoin
Mike Novogratz, former hedge-fund manager and current billionaire as ranked by Forbes in 2007 as well as 2008 just took a major hit. Mike’s company took a $134 million hit in its first quarter! Way back in November when Bitcoin was on a major high, millions invested in the crypto including large corporations and as you can imagine, millions who held on to the currency, lost. This Galaxy CEO, despite his recent losses remains proud of the company’s progress and... Read More »
Is this the new Bitcoin, or is this just a stunt gone wrong? Steven Seagal has endorsed a new cryptocurrency titled: ‘Bitcoiin 2Gen’… sounds legit right? We don’t have too much information about this new crypto since it’s in the process of an ICO (Initial Coin Offering) which means, it doesn’t quite exist as of yet. An ICO is a very unregulated means of raising funds for new cryptocurrencies.
According to multiple sources, the use of Bitcoin is leading to surging energy consumption. Some have equated Bitcoin mining practises to the use of Denmark’s entire energy consumption, yikes! This has been raising a lot of concerns about our eco-friendly future and the crypto’s sustainability. It is estimated that by 2020, Bitcoin will use as much electricity as the entire world. This is obviously a huge problem.
As you know, the world of cryptocurrencies have skyrocketed beyond belief. You can now play online casino games using Bitcoin! While many casinos now offer Bitcoin as an acceptable payment method and Bitcoin.com did launch Bitcoin targeted games back in the fall of 2017, these Bitcoin games have been modified to suit player needs.
Now this title doesn’t even begin to describe the enormous lengths that Dubai is going to ensure Blockchain is a part of society as a whole. Now we all know that Dubai is oil-rich and they are on the brink of all new technology and their city is a futuristic sci-fi movie. However, they are officially becoming the world’s first Blockchain powered government.