Bitcoin News: Bitcoin (BTC) is the first ever cryptocurrency, developed and released by an unknown programmer or programmers named Satoshi Nakamoto. The Bitcoin whitepaper introduced the concept of cryptocurrencies to the world in 2008 and since then a digital currency revolution has started. That’s why Bitcoin news became so important. Cryptocurrencies are peer-to-peer and open-source digital currencies or tokens that use blockchain technology or other distributed ledger technology, thus eliminating third party involvement. The Bitcoin whitepaper introduced the concept of blockchain technology and added a Proof-of-Work (PoW) consensus protocol for increased security.
Bitcoin has proven many times that it’s the most valuable cryptocurrency from the whole digital currency economy. Bitcoin gradually became the digital gold for the whole economy, acting as a store of value in Bear markets. The maximum Bitcoins that will be mined is 21 million BTC and in time the digital currency will become scarce, increasing in value with time. Scalability is the biggest problem that Bitcoin is facing, but with the introduction of more and more technology improvements, only time will show the true potential of Bitcoin.
There are different cities all over the world that are very cryptocurrency friendly. But the surprising thing is that there are two Latin American capitals in the top 10, Buenos Aires and Bogotá.
Mt. Gox’s collapse is an event which warned the world of the implications of bad security. Today we can still see the effects of this outrageous attack.
Financial Crises have unfortunately been a common occurence. It seems like we never really learn anything, patch things up quickly and wait for the next one
According to a study conducted by the Bank of Spain, digital currencies could improve monetary policy from different countries. Of course, this is not a recommendation to adopt virtual currencies, but instead it warns about the risks associated with these assets.
Scambots are beginning to infest social media. Twitter has been the biggest victim, but this is a rapidly growing threat concerning every major social media
PeruCoin is a project by the company Bits2u. The project will tackle the lack of knowledge and general mistrust of cryptocurrencies in Peru.