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johnd • Jul 7, 2023, 11:21 am EDT

Lightning Labs Revolutionizes AI and Bitcoin Ecosystem with Cutting-Edge Developer Tools

In an exhilarating development, Lightning Labs has unveiled an innovative set of tools that empowers developers to intertwine Artificial Intelligence (AI) with Bitcoin and the Lightning Network. This technological advancement introduces a pioneering standard, creating a path for dynamic pricing for APIs, while simultaneously providing AI the capacity to send, hold, and receive Bitcoin. A paradigm shift is on the horizon that challenges the traditional landscapes of AI, blockchain, and finance. The suite of developer tools is designed to bridge the gap between the global AI and Lightning developer communities. The core objective is to create a universally inclusive, cost-effective

3 minutes

satoshin • Jul 3, 2023, 10:17 am EDT

The Bitcoin Halving and the Potential 2024 Price Boom

Bitcoin’s historical pricing during its halving events has become a topic of fervent discussion as we approach the 2024 Bitcoin halving. This key event in Bitcoin’s calendar has previously signaled significant price increases, and many experts and crypto enthusiasts are already placing their bets on what the Bitcoin price might be on Halving Day 2024. The Journey of Bitcoin Prices on Halving Days Let’s take a quick look at the history of Bitcoin’s pricing on its halving days: Given the upward trend, what will the Bitcoin price be on Halving Day 2024? Predicting the Unpredictable Bitcoin, by its very nature,

3 minutes

satoshin • Jun 29, 2023, 4:59 pm EDT

The Bitcoin Standard: The Decentralized Alternative to Central Banking

A comprehensive and authoritative exploration of Bitcoin and its place in monetary history When a pseudonymous programmer introduced “a new electronic cash system that’s fully peer-to-peer, with no trusted third party” to a small online mailing list in 2008, very few people paid attention. Ten years later, and against all odds, this upstart autonomous decentralized software offers an unstoppable and globally accessible hard money alternative to modern central banks. The Bitcoin Standard analyzes the historical context to the rise of Bitcoin, the economic properties that have allowed it to grow quickly, and its likely economic, political, and social implications. While Bitcoin is

3 minutes

tinam • May 31, 2023, 9:39 am EDT

Will Pro-Bitcoin Presidential Candidates Make Crypto A Key 2024 Talking Point?

As the world moves towards a more digital future, cryptocurrencies and blockchain technology have emerged as critical players in the global economy. With the rise of Bitcoin, many are now wondering if 2024 presidential candidates will make crypto a key talking point during their campaigns. While some may see it as a niche topic, the growing industry could have significant implications for the future of finance and regulation. As such, the direction of the next election cycle could directly impact the future of crypto and its potential for broader adoption. In this article, we’ll delve into why pro-Bitcoin candidates may emerge and whether crypto will become a critical political issue in 2024.

4 minutes

satoshin • Jun 7, 2017, 10:22 am EDT

Bitcoin surges 8% to record near $3,000 before giving up some gains

Bitcoin surged more than 8 percent at one point on Tuesday to a record, breaking above $2,900. The digital currency hit a high of $2,967.48 earlier in the session before giving back some gains to trade at $2,779.67, according to CoinDesk. The cryptocurrency came off its record shortly after Mark Cuban said it was in a bubble. The Bitcoin Investment Trust (GBTC) fund, which tracks bitcoin, rose 3.3 percent and traded record highs. Ethereum, an alternative cryptocurrency to bitcoin, also rose on Tuesday, advancing nearly 3 percent to build on Monday’s record-setting session and its massive year-to-date gains. Bitcoin has

2 minutes

satoshin • Jun 2, 2017, 9:43 am EDT

Bitcoin Solves Runaway Inflation by Undermining Trusted Third Parties

Bankers, governments, and other trusted centralized organizations require society to be steeped in runaway inflation. These fiduciary cartels thrive when they manipulate the money supply and cause drastic shifts in prices within the market economy they lord over. They believe the money supply must be regulated and controlled for the economy to function optimally, lest society collapses as a result of too little currency injection.  Also read: Bitcoin Could Progress the Fourth Industrial Revolution Says Wealth Manager Luckily, bitcoin solves the dilemma of needing a trusted third party to control the money supply. Before delving further into why this is the case, everyone must possess

6 minutes

satoshin • May 30, 2017, 11:49 am EDT

Skyrocketing bitcoin is more than just an investment — it could help the world, says investor

Bitcoin, the cryptocurrency that has been on a tear of late, is not only an attractive investment, but it is also a potential solution to easing a strained global financial system, according to a top money manager. The current debt-based market with unlimited supply and limited borders, allows for “too much quantitative easing,” which is behind the problem of “too much debt and too little growth,” according to Rainer Michael Preiss, executive director of Taurus Wealth Advisors. And that, he said, is where bitcoin comes in. Adam Jeffery | CNBC Denarium Bitcoins. “Governments are potentially having long-term issues with debt

2 minutes

satoshin • May 30, 2017, 7:57 am EDT

Tokens are early today, but will transform technology tomorrow.

Thoughts on Tokens – Balaji S. Srinivasan  By Balaji S. Srinivasan and Naval Ravikant The exponential rise of non-Bitcoin tokens prior to the coming correction. Data from coinmarketcap.com/charts In 2014, we wrote that “Bitcoin is more than money, and more than a protocol. It’s a model and platform for true crowdfunding — open, distributed, and liquid all the way.” That new model is here, and it’s based on the idea of an appcoin or token: a scarce digital asset based on underlying technology inspired by Bitcoin. While indisputably frothy, as of this writing the token sector sits at a combined market cap

14 minutes

satoshin • May 25, 2017, 7:38 am EDT

How Bitcoin will see massive adoption – it might surprise you.

Cryptocurrencies could see massive adoption perhaps in a way a typical fiat currency would not. Here is how: As people will keep spending fiat (why hold on to it, it loses quickly in value) they will naturally try to preserve and hold on to their bitcoin. Exceptions of course exist: if there is some real imperative for them to spend, they will spend their Bitcoin – this alone has been hailed as distinct marker of a debt-ridden society in which capital continuously gets misallocated and one where a limited asset constraints capital investments and makes sure they will have a superior return

3 minutes

satoshin • May 25, 2017, 7:22 am EDT

Bitcoin blows past $2,500, $2,600, and $2,700

The bitcoin rally just keeps going. Thursday’s action has run bitcoin above $2,500, $2,600, and $2,700 for the first time. It hit a high of $2,749 before paring its gains. Currently, the cryptocurrency trades up 11.2%, or $270, at $2,682 a coin. It has gained in 27 of the past 30 sessions and has tacked on more than 130% over that time. Bitcoin has climbed aout 20% since Tuesday’s close, propelled by news that the Digital Currency Group, representing 56 companies in 21 countries, reached a scaling agreement at the Consensus 2017 conference in New York. The announcement was the latest bit of good news

1 minute