I Hope Private Firms Will See the Value of Stateless Currency

I Hope Private Firms Will See the Value of Stateless Currency 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Twitter founder Jack Dorsey said that he hopes private firms will understand the value of a stateless currency during an interview with technology news outlet Quartz published on June 14. Quartz reported that during the interview — which took place in the headquarters of his bitcoin (BTC)-supporting payments platform Square in London — Dorsey noted: “I would hope that all private companies can see the value of having a stateless currency that all people can access.” Dorsey also reportedly said that he notices two secular trends which could impact the…

Jack Dorsey Expects Crypto, Blockchain to Be a 'Secular Trend' in Finance

Jack Dorsey Expects Crypto, Blockchain to Be a 'Secular Trend' in Finance 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN Markets: Jack Dorsey is all in on bitcoin. The tech entrepreneur, who is at the helm of both Twitter and Square, recognizes that cryptocurrency and the blockchain will become a “secular trend” in financial services going forward, according to an interview he did with Quartz in London. He doubled-down on his belief that there will be a “global currency for the internet,” and bitcoin remains the “strongest candidate” for the job. Dorsey likens the internet to the “equivalent of a nation state,’ saying that “it will have a…

Wasted Naysayers Continue to Flog Wasteful Energy-Consuming Bitcoin

Wasted Naysayers Continue to Flog Wasteful Energy-Consuming Bitcoin 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN Markets: Here we go again. Yet another article has surfaced taking potshots at the perceived threat of Bitcoin’s energy consumption. A recent article out of MIT Technology Review claims that: Mining Bitcoin is a hugely wasteful process. For miners to accrue more of the cryptocurrency, powerful computing hardware must solve increasingly difficult, and pointless, puzzles. The article cites an in-depth study conducted by researchers at MIT and the Technical University of Munich. A slightly different approach compared the hardware and efficiency use from the IPO filings of the…