Why the Chinese Slump Couldn’t Have a lot of Impact on the Bitcoin Price

For some months now the Chinese economy has not been doing well. The value of the Renminbi, the Chinese currency, has been sinking, carrying with it the prices of stocks and derivatives markets to the lowest floors in years. The downward trend came to a head on Thursday, January 7th, 2016. The day turned out [...]

By | 2017-04-19T00:21:49+10:00 February 10th, 2016|Bitcoin, Global Bitcoin News|0 Comments

What is Segregated Witness (SegWit)

There is a new buzz word that is being dropped in an increasing frequency at Bitcoin forums and meet-ups. The word is SegWit. If you haven’t come across it, then there, I've dropped it. Even if you hadn’t come across it through this blog post, I promise, you would have learnt about it somewhere else, [...]

By | 2017-04-19T00:21:51+10:00 February 3rd, 2016|Bitcoin Technology|0 Comments

It Should be Obvious that The Libertarian Ideology is not Bitcoin’s Identity

In December 2013, Jim Edwards a founding editor of Business Insider UK, penned an article entitled Bitcoin Proves The Libertarian Idea Of Paradise Would Be Hell On Earth. In it he described how a society that has Bitcoin as its main currency will be dysfunctional. Boss-class of criminals assassinating people they don't like with impunity (with [...]

By | 2017-04-19T00:21:52+10:00 February 1st, 2016|Bitcoin|0 Comments