Monthly Archives: June 2021

Interview: The Epic Of Bitcoin With Allen Farrington

Allen Farrington joined the “Bitcoin Magazine Podcast” to discuss his articles and Bitcoin’s cultural alignments. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast Prior to the Bitcoin 2021 conference, “Bitcoin Magazine Podcast” host Christian Keroles sat down with keynote speaker and incredible Bitcoin thinker Allen Farrington for one of his very first podcasts appearances. This interview covered two of Farrington’s seminal works and why Farrington prefers to investigate Bitcoin’s cultural and literature alignments over the typical framing of economics, trading and […]

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Nigerian Lawmakers Slam Naira Devaluation, Warn of Inflation Implications

Nigeria’s House of Representatives has moved a motion calling on the country’s central bank to end the continuing devaluation of the naira. In his unanimously adopted motion, House Representative Bamidele Salam warned the Central Bank of Nigeria (CBN) of the negative “implications of further devaluing the naira.” Lawmakers Slam CBN U-Turn The House’s warning follows the CBN’s recent decision to devalue naira from an exchange rate of 393 to the current one of just under 411 nairas for every dollar. Furthermore, the Nigerian lawmakers’ call for intervention […]

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IMF plans to meet with El Salvador’s president, potentially discussing move to adopt Bitcoin

The International Monetary Fund has previously spoken out against smaller nations like the Marshall Islands recognizing a digital currency as legal tender. The International Monetary Fund has said El Salvador’s recent decision to make Bitcoin legal tender in the country may raise legal and financial concerns. In a Thursday press briefing from the International Monetary Fund, or IMF, spokesperson Gerry Rice said the group was already in discussions with lawmakers in El Salvador over a loan to support the country’s economy, having approved emergency funds related to […]

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Dhruv Bansal On Societal Organization Systems And Bitcoin

The visionary Unchained Capital co-founder excitedly details his thoughts on why bitcoin is so inspirational. This interview with Dhruv Bansal was conducted by myself in an effort to obtain valuable insight into a rather visionary Bitcoiners mind, and I believe my mission was accomplished. Bansal’s answers are profound and thought-provoking, giving us a glimpse into his thoughts on Bitcoin at large. Be sure to check out his talk at Bitcoin 2021 here after reading the edited transcript of our interview below. Casey Carrillo: Hi everyone, I have […]

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Finance Redefined: The shadow DeFi conference in Miami! June 2-9

Talking with big brains about DeFi, regulation, CBDCs, and institutional adoption at the Bitcoin conference in Miami! Last week, I made the mistake of being just about the only DeFi denizen who actually went to the Bitcoin 2021 event in Miami.  While I managed to catch up with a handful of builders and big brains in the convention center, my time would have been better spent tracking down degens at the various satellite events, yacht parties, and nightclub meetups — the “shadow conference” for DeFi taking place […]

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Bitcoin price hits stock-to-flow rebound level not seen since 2017 all-time high

Deviation from the stock-to-flow average has always resulted in a reversal to new all-time highs, data shows. Bitcoin (BTC) spending over three weeks in the $30,000 range is proving a crucial test for one of its best-known price models. As noted by Philip Swift, co-founder of trading suite Decentrader on June 11, Bitcoin is issuing a major challenge to the stock-to-flow price forecasting tool. Is it bounceback time for BTC price? BTC price action has hovered in a lower corridor between $30,000 and $40,000 since mid-May. This […]

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Arrington Capital to back Algorand projects with $100M growth fund

“The Arrington Algorand Growth Fund represents yet another key strategic pillar in supporting the momentum of those building on top of what we think is the best technical platform for regulated DeFi and the future of finance,” said Sean Ford, COO of Algorand. Support for the Algorand ecosystem appears to be growing, with digital asset manager Arrington Capital earmarking $100 million for projects building on the smart-contract platform.  The massive Arrington Algorand Growth Fund, or AAGF, has been designed to accelerate additional development across all facets of […]

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Senator Warren Calls Out Bitcoin’s Energy Consumption — Bitcoiners Bite Back

U.S. Senator Elizabeth Warren criticized Bitcoin and cryptocurrencies yesterday in a Banking Senate Subcommittee hearing. In the hearing, Warren criticized the energy consumption that Bitcoin and other proof-of-work (PoW) cryptocurrencies need to operate. Warren also thinks cryptocurrencies are the “wild west” of investments and called for a regulatory crackdown on the industry. Some on social media were quick to bite back, however, pointing out Warren’s flawed logic and perceived hypocrisy. Senator Elizabeth Warren Takes on Bitcoin Senator Elizabeth Warren declared her opinion on bitcoin and other cryptocurrencies […]

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The Conundrum Of Bitcoin Legal Tender Laws

The adoption of bitcoin by El Salvador poses an interesting contradiction of freedoms, albeit solved on a secondary level. Nayib Bukele, El Salvador’s laser-eyed President, shocked the world at the Bitcoin 2021 conference in Miami when he announced that bitcoin would become legal tender in his country. A few days later, the “Bitcoin Law” was passed, ushering in a new era for the virtual currency. There is something about the law — mandating that vendors accept bitcoin — that goes against the voluntary “opt-in” ethos of Bitcoin. […]

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Guild of Guardians pre-game registrations hit 133K as NFT sales surge

Guild of Guardians was developed by Stepico Games, a Ukraine-based game developer, and published by the Australian-based marketplace Immutable. The community behind Guild of Guardians, an NFT-based role-playing game, appears to be enthusiastic about the forthcoming title after they snatched up nearly all of the NFTs that were part of the so-called founder’s sale.  Since going live earlier this week, Guild of Guardians’ NFT sale has raised over $3 million, the company announced Wednesday. The title raised $2 million in the first hour of the founder’s sale […]

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