Bitcoin Archives - resilience

When governments speculate: Orange County, British gold and Bitcoin reserves

Kurt Cobb — Sun, 22 Dec 2024 14:00:10 +0000

All the recent talk about government Bitcoin reserves has gotten me thinking about what happens when governments speculate.

The Coin of Power; or Another Case of May Be

Erik Assadourian — Mon, 08 Nov 2021 16:17:15 +0000

Never can it be ok, let alone sustainable, for 26 individuals to hold more wealth than 3.6 billion people. It is our responsibility to fight that, as few billionaires, or others, can resist the dulcet whispers of the precious coin of power.

Cryptocurrency: A New and Dangerous Climate Disruptor

Maura Stephens — Fri, 15 Oct 2021 11:49:20 +0000

The get-rich-quick scheme, banned in China and elsewhere, is invading U.S. communities unchecked, posing as an “equalizing, democratizing” currency. It’s not.

Move Over, Bitcoin Bros: A Green Cryptocurrency is Here

Eric Holthaus — Thu, 02 Aug 2018 10:32:17 +0000

To borrow a boxing analogy, if Bitcoin is an unceasing, ever-escalating zero-sum brawl, Bitcoin Green is a group of people with a common purpose standing in a circle and holding hands. Bitcoin Green participants are rewarded just for entering the ring — no fighting required.

Bitcoin’s Energy Use got Studied, and you Libertarian Nerds look even Worse than Usual

Eric Holthaus — Mon, 21 May 2018 11:41:47 +0000

It’s a telling social phenomenon of late capitalism that we are willing to construct elaborate computer networks to conduct secure transactions with each other — and in the process torpedoing our hopes at a clean energy future.

Why Bitcoin’s Value Could Eventually Approach Zero

Richard Heinberg — Wed, 31 Jan 2018 10:13:55 +0000

According to most observers, the speculative bubble-of-the-year award for 2017—had there been one—would have gone to Bitcoin, the value of which soared from under $800 in January of last year to almost $20,000 by mid-December.

The energy of Bitcoin, the information economy and the (possible) decentralization of the world

Kurt Cobb — Sun, 21 Jan 2018 17:23:20 +0000

[Despite reservations], I find one aspect of the blockchain technology behind the explosion in digital currencies to be promising. This technology offers a possible path for decentralizing banking and finance and myriad other Internet-related services we've come to rely on from big corporations.

Bitcoin Could Cost us Our Clean-Energy Future

Eric Holthaus — Wed, 06 Dec 2017 11:52:25 +0000

If you’re like me, you’ve probably been ignoring the bitcoin phenomenon for years — because it seemed too complex, far-fetched, or maybe even too libertarian. But if you have any interest in a future where the world moves beyond fossil fuels, you and I should both start paying attention now.

Decrypting Cryptocurrency

Justin Ritchie — Mon, 06 Jun 2016 01:17:00 +0000

Do digital currencies like Bitcoin have the ability to change the global economic order?

A Dark Knight is Better than No Knight at All: Why We Need Bitcoin Despite its Flaws

Brett Scott — Mon, 30 Mar 2015 03:25:24 +0000

It is only by zooming in and out, and considering the interplay between these absolute and relative perspectives that we can start to detect the complex power dynamics within Bitcoin.

Visions of a techno-leviathan: The politics of the Bitcoin blockchain

Brett Scott — Fri, 06 Jun 2014 01:46:00 +0000

Bitcoin sometimes appears akin to an illegal immigrant, trying to decide whether to seek out a rebellious existence in the black-market economy, or whether to don the slick clothes of the Silicon Valley establishment.