Despite the ongoing bear market, Jan3 CEO and Bitcoin (BTC) proponent Samson Mow believes that the leading cryptocurrency could reach the $1-million-price benchmark in the next five to 10 years. The collapse of major fiat currencies will be a major catalyst, which he said can “happen very rapidly” and “are not anticipated.” ”It just sort of happens overnight, and then you are shoveling cash into a wheelbarrow,” he said in a recent interview with Cointelegraph. Mow made his prediction while commenting on the current state of Bitcoin adoption in El Salvador, about a year after it was adopted as a …

When the market falls faster than a tree in the forest, the phrases “zoom out” and “lower your time preference” take root. “Zoom out” refers to taking a break from the omnipresent price charts that populate news feeds and Twitter threads. Consider looking at the price of Bitcoin (BTC) over the past five years as opposed to over the past six,12 or 18 months. But what does “lower your time preference,” popular parlance among Bitcoiners, actually mean? Commonly attributed to Saifedean Ammous, the polarizing author who penned The Bitcoin Standard, lowering one’s time preference translates to thinking long-term and valuing …

In the early days of Bitcoin’s infancy when the elusive Satoshi Nakamoto announced Bitcoin to the Cyperpunks world, and the likes of Hal Finney, Martti Malmi, and Gavin Andresen helped to work on improving its code, not many would have thought it possible to travel around the world using Bitcoins. That was until programmer Felix Weis wanted to find out the answer. However, the only way to find out was to undertake the experiment himself, and that’s exactly what he did. Originally from Luxembourg, but living in Berlin, Weis first discovered the digital currency in 2012 when his trust in …

Strictly speaking, we just provided our moral and financial support to it. The members of the expedition, held this year from February 26 to March 8, were journalists of the “Govorit i Pokazyvaet” production studio and BitNovosti web-site, who paid all their travel expenses only with cryptocurrency. The tour started and finished in Moscow, and the team drove through Lithuania, Germany, Netherlands, Czech Republic, Austria, Slovakia, Poland, and Belarus. The farthermost point of the tour was the capital of Netherlands, Amsterdam. The goal of this project was to capture the current state of development of the Bitcoin infrastructure and to …

There are millions of Bitcoin wallets all around the world. This is a fact. Some use Bitcoin daily for transactions or the Blockchain to sign contracts; but someone else could decide to invest their money in Bitcoin long-term… And what if this person dies? Who will get those Bitcoin investments? Is there any regulation about Bitcoin heritage? “Of course it depends on the jurisdiction of deceased person”, said Cointelegraph Blockchain Legal Lawyer Dmitry Machikhin. “As I know the only State where such regulation was made is Delaware in U.S. Concerning this law, families are able to access the digital assets …

— "Keychain with Your Own Bitcoin QR code” — “This is what I got after I logged in Coinbase!” — “In the middle of a busy Makati city street in the Philippines, the sign for the first 2-way Bitcoin ATM stands out prominently!” — “Ladies & Gentlemen, We have made it to the front page of Yahoo Finance” — “Penny Arcade on what a Bitcoin is” — “Seen this on my Facebook timeline today.” — Philosoraptor — “About that Coinbase app update...” — Bitcoin unhacked

A curious user recently asked members of the Bitcoin subreddit how they spend their bitcoins on an everyday basis. Because Reddit is a global community, it's likely that their responses are reflective of overall patterns. Here's how the bits are flowing today: 1. Coffee and Food Delivery – Couture coffee got a whole lot cheaper the day that Foldapp started offering 20% off Starbucks purchases. Redditors also use bitcoins for food delivery services like Foodler, Magic and Thuisbezorgd (Netherlands). Word on the street is that Foldapp will soon add both Whole Foods and Target to its 20 % off list, …

Catherine Bleish, MPA (@thebitmom) on her family “Uncoinventional Bitcoin Bus Tour” across the USA. The self-styled “Blush Family” - John Bush, Catherine Bleish and their two children traveled from Philadelphia to Texas using only cryptocurrency for payments. I always feel bittersweet when we leave New Hampshire. I feel so at home there, and so loved. Alas, we had successfully picked up The Bitcoin Bus, had our sponsor logos applied, and our brake lines replaced - we were Texas bound and high on life. Our first stop after departing The Free State was supposed to be a meetup in New York …

Catherine Bleish, MPA (@thebitmom) writes about her family’s “Uncoinventional Bitcoin Bus Tour” across the USA. The self-styled “Blush Family”—John Bush, Catherine Bleish and their two children—traveled from Philadelphia to Texas using only cryptocurrency for payments. Settling In on the Bitcoin Bus By the time we had dealt with the logistics of picking up the bus, we were chomping at the bit to settle in. We dropped off our rental car at Enterprise and were pleased to find the WageCan bitcoin debit card worked flawlessly. We loaded in our gear and took our first trip as a family inside the Bitcoin …

Catherine Bleish, MPA (@thebitmom) writes about her family’s “Uncoinventional Bitcoin Bus Tour” across the USA. The self-styled “Blush Family”—John Bush, Catherine Bleish and their two children—traveled from Philadelphia to Texas using only cryptocurrency for payments. Arrival in New Hampshire Our first day in New Hampshire we were treated to breakfast by our hosts Mike and MarMar Rogers. This couple has hosted our family each year since 2012 when we’ve visited for the Porcupine Freedom Festival. They watched my daughter Aliana go from a bump in my tummy to an articulate young woman. They are like family to us and this …

Catherine Bleish, MPA, (@thebitmom) writes about her family and their “Uncoinventional Bitcoin Bus Tour” across the USA. The self-styled “Blush Family”—John Bush, Catherine Bleish and their two children—traveled from Philadelphia to Texas using only cryptocurrency for payments. Flying to New Hampshire My husband, John Bush of the SovereignBTC podcast, was invited to speak at the Free Your Mind Conference in Philadelphia in mid-April. We thought it would be the perfect time to head toward New Hampshire and pick up the Bitcoin Bus. We decided to do another bitcoin-only trip, but this time we would fly, rent a car, and return …

It is widely believed that people who use Bitcoin generally do so due to its perceived “cloak and dagger” design. Thus, considering the media’s smear campaign and the countless written obituaries, the word “Bitcoin” generally evokes images of terrorists, pedophiles, computer nerds, cyber criminals or a wacky “Bitcoin evangelist” in the minds of the general public. “Bitcoin is something that evolved out of the cypherpunks,” stated Julian Assange. Meanwhile, popular parody news show host, Stephen Colbert, called Bitcoin “gold for nerds,” and the Bitcoin and the Charity of Violent Physical Struggle blog stated that Bitcoin “allows our brothers stuck outside …