Hacker News with Generative AI: Bitcoin

Judge ends man's 11-year quest to dig up landfill and recover $765M in Bitcoin (arstechnica.com)
A British judge ruled against a man who wants to excavate a landfill where he says a hard drive with access to thousands of bitcoins was mistakenly dumped over 11 years ago.
Bitcoin, Law, Technology, Cryptocurrency
69 points by LinuxBender 4 days ago | 79 comments
Judge ends man's 11-year quest to dig up landfill and recover $765M in Bitcoin (arstechnica.com)
A British judge ruled against a man who wants to excavate a landfill where he says a hard drive with access to thousands of bitcoins was mistakenly dumped over 11 years ago.
Bitcoin, Lawsuits, Technology, Cryptocurrency
6 points by DamnInteresting 7 days ago | 1 comments
3blue1brown YouTube Bitcoin video taken down as copyright violation (twitter.com)
Copyright Law, YouTube, Bitcoin, 3blue1brown
857 points by talonx 12 days ago | 412 comments
What would it take for Bitcoin to fail? (ycombinator.com)
Serious question.<p>It has been called dead so many times, but I am beginning to think that due to the network effect, switching costs and increasing rate of adoption it would take a black swan event to take it down.
Cryptocurrency, Bitcoin, Economics, Network Effects
11 points by enether 20 days ago | 45 comments
The Rise and Future Fall of MicroStrategy (medium.com)
Through strong but false narratives, MicroStrategy shares are trading at a large premium to net assets. From this premium, a “Bitcoin yield” is extracted through ATM offerings and convertible bond issuance. The premium provides an arbitrage to the company, which now captures it in the largest ATM offering in human history.
Finance, Bitcoin, Market Analysis, Business Strategy
40 points by noch 24 days ago | 109 comments
El Salvador to Change Bitcoin Law as Part of New IMF Deal: Financial Times (coindesk.com)
El Salvador may roll back a small aspect of its Bitcoin law as part of a new deal with the International Monetary Fund.
Bitcoin, El Salvador, IMF, Finance, Law
21 points by PaulHoule 24 days ago | 2 comments
Man who claims he invented Bitcoin faces prison after filing $1.1T suit (arstechnica.com)
Craig Wright, the man who claims he invented bitcoin and has been filing lawsuits asserting intellectual property rights, was sentenced to a year in prison yesterday for committing contempt of court.
Bitcoin, Lawsuits, Cryptocurrency, Legal Cases
6 points by pseudolus 27 days ago | 0 comments
Craig Wright convicted for repeatedly lying about inventing Bitcoin (bbc.co.uk)
A computer scientist has been found to have committed contempt of court for falsely and persistently claiming to be the mysterious inventor of Bitcoin, Satoshi Nakamoto.
Bitcoin, Law, Technology, Cryptocurrency
9 points by ksangeelee 29 days ago | 1 comments
Craig Wright convicted for repeatedly lying about inventing Bitcoin (bbc.com)
A computer scientist has been found to have committed contempt of court for falsely and persistently claiming to be the mysterious inventor of Bitcoin, Satoshi Nakamoto.
Bitcoin, Law, Cryptography
10 points by ceejayoz 29 days ago | 3 comments
After twelve years of writing about Bitcoin, here's how my thinking has changed (blogspot.com)
What follows is an essay on how my thinking on bitcoin has changed since I began to write on the topic starting with my first post in October 2012.
Bitcoin, Cryptocurrency, Personal Reflections, Long-Term Trends, Financial Markets
27 points by bookofjoe 30 days ago | 24 comments
Bitcoin would need > 300 days downtime to defend itself from quantum computing (fortune.com)
Bitcoin will need to update its protocol to avoid a quantum computing attack, some computational science experts say.
Bitcoin, Quantum Computing, Cybersecurity, Cryptocurrency, Technology
5 points by crcastle 31 days ago | 1 comments
Rumble Announces Bitcoin Treasury Strategy – Rumble (rumble.com)
LONGBOAT KEY, Fla., November 25, 2024 – Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, announced today that its Board of Directors has approved a corporate treasury diversification strategy of allocating a portion of the company’s excess cash reserves to Bitcoin.
Bitcoin, Finance, Video Streaming, Cryptocurrency, Business
12 points by janandonly 33 days ago | 0 comments
Trump Confirms Bitcoin Reserve Plans–$15T Price Boom Predicted (forbes.com)
Donald Trump has firmly embraced bitcoin and crypto this year as a leak reveals Russia could be about to start a bitcoin cold war.
Bitcoin, Cryptocurrency, Politics, Economics
10 points by latchkey 34 days ago | 32 comments
The Myth of Bitcoin Liquidity (greyenlightenment.com)
Bitcoin is falling hard again the morning in opposite of the strong or neutral performance of the stock market, the second day of the week this has happened.
Bitcoin, Cryptocurrency, Finance, Markets
3 points by speckx 35 days ago | 1 comments
ETFs holding Bitcoin are now the largest holders, surpassing Satoshi Nakamoto (cnbc.com)
Bitcoin, ETFs, Cryptocurrency, Finance
4 points by lxm 36 days ago | 0 comments
Cambridge Bitcoin Electricity Consumption Index (ccaf.io)
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License
Bitcoin, Cambridge, Energy Consumption, Index, Cryptocurrency
20 points by adrian_mrd 37 days ago | 10 comments
El Salvador to scale back Bitcoin dreams to seal $1.3B IMF deal (ft.com)
El Salvador, Bitcoin, Finance, IMF, Government
57 points by JumpCrisscross 39 days ago | 17 comments
Bitcoin surges past $100k for first time (bbc.co.uk)
The price of Bitcoin has for the first time broken past the $100,000 mark, hitting a new record high.
Bitcoin, Cryptocurrency, Finance
17 points by dberhane 44 days ago | 14 comments
Bitcoin is over $100k (tradingview.com)
Bitcoin hit $99,329 on December 4, boosted by comments from Federal Reserve Chair Jerome Powell.
Bitcoin, Cryptocurrency, Finance, Economics
141 points by WheelsAtLarge 44 days ago | 317 comments
Man has 'finely tuned' plan to find £500M Bitcoin thrown in tip, court told (theguardian.com)
For more than a decade, a computer expert from Newport in south Wales has doggedly fought to recover £500m of bitcoin he says was accidentally thrown into a council tip.
Bitcoin, Cryptocurrency, Technology, Lawsuits
10 points by robaato 45 days ago | 0 comments
There's a real math problem with MicroStrategy's obscene valuation premium (sherwood.news)
MicroStrategy, Michael Saylor’s software company turned bitcoin-holding vehicle, is worth $106 billion, making it one of America’s largest 100 companies by market capitalization.
MicroStrategy, Bitcoin, Business, Finance, Valuation
16 points by SirLJ 47 days ago | 4 comments
The Salvadoran government has 5,940 bitcoins worth $582M (lanoticiasv.com)
El Salvador, Bitcoin, Cryptocurrency, Finance
64 points by mistrial9 48 days ago | 92 comments
Dutch tulip farmer is swapping gas for heat from Bitcoin mining (euronews.com)
A greenhouse in the Netherlands is using the heat generated from cryptocurrency mining to partially heat its large premises, saving on its gas bill.
Bitcoin, Cryptocurrency, Renewable Energy, Netherlands, Agriculture
11 points by speckx 49 days ago | 0 comments
The delusions behind a Bitcoin strategic reserve (ft.com)
In July, Cynthia Lummis, a US senator from Wyoming, introduced a bill to establish what she called a “strategic bitcoin reserve”, a programme instructing the Treasury and the Federal Reserve to buy a million bitcoins over the next five years to then hold them for at least 20 more years.
Bitcoin, Cryptocurrency, Finance, Government Policy, United States
10 points by perihelions 51 days ago | 0 comments
MicroStrategy spends $5.4B buying another 55,000 bitcoins, shares slide (yahoo.com)
MicroStrategy (MSTR) said Monday it purchased another 55,000 bitcoins (BTC-USD) last week for $5.4 billion as the world's largest cryptocurrency was trading at all-time highs.
Cryptocurrency, Finance, Bitcoin, Business
5 points by twiddling 54 days ago | 1 comments
BTC is vulnerable to a bank run (twitter.com)
Bitcoin, Finance, Cryptocurrency
10 points by hggh 58 days ago | 1 comments
Bitcoin breaks above its all-time high of $73,777 (fxstreet.com)
Bitcoin (BTC) broke above its all-time high of $73,777 on Wednesday, fueled by Donald Trump's lead in the polls. Momentum indicators confirmed a bullish bias. BTC's next target could be the 141.40% Fibonacci extension level at $78,777.
Bitcoin, Cryptocurrency, Finance, Markets
15 points by vinnyglennon 73 days ago | 17 comments
Hunt for Bitcoin's elusive creator Satoshi Nakamoto hits another dead-end (bbc.com)
Stephen Mollah is the latest person to claim to be the mysterious inventor of Bitcoin
Bitcoin, Cryptography, Technology, Mystery
5 points by peutetre 76 days ago | 0 comments
Saving Satoshi: An open-source game for learning Bitcoin programming (savingsatoshi.com)
Code your way through the mysteries of bitcoin.
Bitcoin, Programming, Open Source, Games
25 points by jtwoodhouse 77 days ago | 3 comments
A Week of Failing to Pay with Bitcoin in El Salvador (reason.com)
When President Nayib Bukele promised that bitcoin would be accepted everywhere in El Salvador, it seemed like a glimpse into the future—a world where cryptocurrency would be woven into everyday life. But after a week there, I found a different reality. Not a single business accepted my bitcoin.
Bitcoin, El Salvador, Cryptocurrency, Economics, Travel
58 points by fortran77 78 days ago | 76 comments