Hacker News with Generative AI: Bitcoin

Bitcoin's God. Years of studying Satoshi led me to a new prime suspect (nymag.com)
If Satoshi Nakamoto, the pseudonymous inventor of bitcoin, was who I believed him to be, he was not going to acknowledge it. He probably wouldn’t talk to me. And seeing him was going to mean sitting on a plane for 20 hours and driving another eight. But I needed to try to have a conversation with him, and it had to be face-to-face.
Bitcoin, Cryptography, Investigations, Biography, Technology
19 points by jc_811 5 days ago | 6 comments
Gold ETFs Inflow Takes over Bitcoin ETFs Amid Historic Rally (coindesk.com)
Gold exchange-traded funds (ETFs) have overtaken bitcoin ETFs in assets under management as investors shift toward the traditional safe-haven asset as BTC price tumbled more than 19% over the past three months, while the precious metal climbed 12.5%.
Gold, Bitcoin, ETFs, Investments, Financial Markets
5 points by PaulHoule 7 days ago | 0 comments
Bitcoin in the bush – the crypto mine in remote Zambia (bbc.com)
The roar of the Zambezi is deafening as millions of gallons of water crash over rocks and tumble down rapids.
Bitcoin, Cryptocurrency, Zambia, Africa, Mining
44 points by pseudolus 8 days ago | 13 comments
White House Says Gold Reserves May Be Used to Purchase Bitcoin (yahoo.com)
A senior White House official has hinted at the possibility of the U.S. utilizing its gold reserves to acquire more Bitcoin (CRYPTO: BTC).
Bitcoin, Cryptocurrency, Government, Finance, United States
56 points by voxadam 9 days ago | 75 comments
'They turned our home into a cemetery': high price of El Salvador's Bitcoin City (theguardian.com)
Mangroves are being destroyed and residents displaced to make way for an airport to serve president Nayib Bukele’s vision of a tax-free economic hub
Bitcoin, El Salvador, Environmental Impact, Politics, Real Estate
27 points by pseudolus 15 days ago | 9 comments
Russia Is Using Bitcoin and Crypto for Its Oil Trades with China and India (bitcoinmagazine.com)
Amid ongoing sanctions over the war in Ukraine, Russia has turned to bitcoin and other cryptocurrencies to facilitate some of its oil trade with major buyers China and India.
Russia, Bitcoin, Cryptocurrency, Oil Trade, Geopolitics
18 points by RinTohsaka 19 days ago | 10 comments
Bitcoin Without a Fight (loeber.substack.com)
Dial the clock back by thirteen years. It’s the spring of 2012. Bitcoin is trading at five dollars a coin. You ask me “what would the world look like at $100,000 a coin?” When Bitcoin is 20,000 times more valuable? It’s unimaginable. Maybe the financial systems of some small countries have failed, and been taken over completely by Bitcoin. Surely it has become a popular currency.
Bitcoin, Cryptocurrencies, Finance, Speculation, Predictions
13 points by n0rlant1s 24 days ago | 3 comments
Senate Bill 21, Establishing the Texas Bitcoin Reserve (texas.gov)
AUSTIN – Lt. Gov. Dan Patrick issued this statement today following the bipartisan passage of Senate Bill 21, Establishing the Texas Bitcoin Reserve, by Sen. Charles Schwertner, R-Georgetown:
Bitcoin, Texas Politics, Cryptocurrency, Finance, Government
19 points by ttyprintk 26 days ago | 37 comments
Establishment of the strategic Bitcoin reserve and US digital asset stockpile (whitehouse.gov)
Bitcoin, Cryptocurrency, Government, Policy, Finance
28 points by pseudolus 26 days ago | 27 comments
How Monero Fulfilled Satoshi's Promise (zola.ink)
Since Trump’s election and even before that, news kept coming out about how crypto was going to change the world, how the US was going to become the crypto capital of the world, and how they wanted to build strategic reserves of Bitcoin, Ethereum, Solana, Ripple, and others. At the same time, however, they de-listed Monero from major exchanges like Binance and even criminalized this cryptocurrency.
Cryptocurrency, Bitcoin, Monero, Regulation
40 points by znano 26 days ago | 36 comments
Fact Sheet: President Donald J. Trump Establishes the Strategic Bitcoin Reserve (whitehouse.gov)
CREATING A STRATEGIC BITCOIN RESERVE AND DIGITAL ASSET STOCKPILE: Today, President Donald J. Trump signed an Executive Order to establish a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, positioning the United States as a leader among nations in government digital asset strategy.
Bitcoin, Cryptocurrency, Government Policy, Finance, US Politics
6 points by tntpreneur 27 days ago | 4 comments
Bitcoin's Fatal Flaw: Why Financial Surveillance Is Inevitable Without Privacy (substack.com)
Bitcoin, Privacy, Financial Surveillance, Cryptocurrency
14 points by aminoche 27 days ago | 72 comments
Bitcoin Plateaued in 2022 and has been Running on Momentum Since (medium.com)
By Summer 2022, it became clear that Bitcoin returns were, in the words of economics commentator Noah Smith, “steadily slowing down as adoption gets saturated.” In the thread that followed, some back-of-the-napkin analytics painted a convincing, if not rigorous, picture of the slowing returns.
Cryptocurrency, Bitcoin, Economics, Finance
3 points by benogorek 27 days ago | 1 comments
Bitcoin Reserve Bills Are Failing in Quick Succession in States (bloomberg.com)
While the push for state governments to hold digital assets in one way or another generated momentum earlier this year, crypto reserve bills in four states have failed over the last month.
Bitcoin, Cryptocurrency, Finance, Legislation, Government
20 points by ryan_j_naughton 34 days ago | 18 comments
Bitcoin plunges as crypto fans didn't get everything they wanted from Trump (arstechnica.com)
Bitcoin hit record $109,000 on Inauguration Day but has dropped 23 percent since.
Bitcoin, Cryptocurrency, Politics, Finance
11 points by jnord 35 days ago | 5 comments
Bitcoin Hashrate Hits All-Time High Defying Analyst Expectations (coindesk.com)
Bitcoin (BTC) hashrate has reached another all-time high, with seven-day moving average jumping to 833 exahashes per second (EH/s), according to Glassnode data.
Bitcoin, Cryptocurrency, Blockchain, Finance, Trends
5 points by PaulHoule 36 days ago | 0 comments
Bitcoin and Ether Tumble on Potential $1.46B Hack at Bybit (coindesk.com)
Cryptocurrency exchange Bybit has experienced $1.46 billion worth of "suspicious outflows," according to blockchain sleuth ZachXBT.
Cryptocurrency, Security, Bitcoin, Ethereum
8 points by koolba 40 days ago | 2 comments
Building a Bitcoin Exchange with FOSS BTC Pay Server (btcpayserver.org)
Bitcoin, Cryptocurrency, Open Source, Finance
26 points by BitcoinNewsCom 42 days ago | 5 comments
Theory on Jack Dorsey Is Satoshi (twitter.com)
Cryptocurrency, Bitcoin, Jack Dorsey, Conspiracy Theories
7 points by amrrs 43 days ago | 2 comments
New Bitcoin ETF Promises 100% Downside Protection Against Price Volatility (coindesk.com)
A new bitcoin-focused exchange-traded fund issued by global investment management firm Calamos hit the market on Wednesday.
Bitcoin, Finance, ETFs, Cryptocurrency, Investment
3 points by PaulHoule 48 days ago | 2 comments
Man who threw away $750M in Bitcoin wants to buy the dump where it's buried (fortune.com)
Remember the guy who threw away over $750 million in Bitcoin? Now he wants to buy the dump where he thinks it’s buried
Bitcoin, Cryptocurrency, Finance, Real Estate
17 points by larrymcp 50 days ago | 28 comments
Man who lost Bitcoin fortune in Welsh tip explores purchase of entire landfill (theguardian.com)
A computer expert who has battled for a decade to recover a £600m bitcoin fortune he believes is buried in a council dump in south Wales is considering buying the site so he can hunt for the missing fortune.
Bitcoin, Cryptocurrency, Wales, Technology, Environmental Issues
41 points by n1b0m 52 days ago | 59 comments
Definancialization / Hyperfinancialization (mylessnider.com)
One of my favorite articles about Bitcoin is Parker Lewis’s “Bitcoin is the Great Definancialization.” In it he makes a compelling argument that the world has become increasingly financialized as a consequence of bad money.
Bitcoin, Finance, Economics
16 points by alexgiann 52 days ago | 17 comments
Bitcoin is not Good Enough (medium.com)
Bitcoin is Fucked, and so are you if you are betting on it.
Bitcoin, Cryptocurrency, Finance, Investment
5 points by AymanJabr 53 days ago | 3 comments
El Salvador Ends Bitcoin as Legal Tender (newsroompanama.com)
El Salvador, the first country to adopt Bitcoin as legal tender in 2021, recently reversed its decision after pressure from the IMF. What led to this change, and what were the outcomes of its nearly four-year crypto experiment?
El Salvador, Bitcoin, Crypto, IMF, Economics
12 points by asah 53 days ago | 0 comments
El Salvador abandons Bitcoin as legal tender (ticotimes.net)
Bitcoin was never used by most Salvadorans, its modern city was never built, and now it will cease to be legal tender in El Salvador, the first country in the world to adopt it in 2021: a complete failed economic bet by President Nayib Bukele.
Bitcoin, El Salvador, Economics, Government
927 points by smallerfish 58 days ago | 858 comments
No Bitcoin ETFs at Vanguard (2024) (vanguard.com)
The recent introduction of spot bitcoin ETFs has been generating headlines and buzz in pockets of the industry. However, Vanguard does not have plans to create a Vanguard bitcoin ETF or other crypto-related products. Additionally, such products from other issuers will not be offered on our brokerage platform. In this Q&A, two Vanguard leaders—Janel Jackson, global head of ETF Capital Markets and Broker & Index Relations, and Andrew Kadjeski, head of Brokerage & Investments—discuss why.
Bitcoin, ETFs, Finance, Investing, Vanguard
398 points by mooreds 66 days ago | 527 comments
Bitcoiners Disappointed: Trump's 'Free Ross Day One' Unfulfilled (forbes.com)
The rallying cry of "Free Ross Day One" that energized Bitcoiners throughout Donald Trump's campaign has met with disappointment as January 20th—Inauguration Day—came and went without action on the Silk Road founder's imprisonment.
Bitcoin, Politics, Cryptocurrency, Law
5 points by janandonly 71 days ago | 4 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, Law, Technology, Cryptocurrency
69 points by LinuxBender 79 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 82 days ago | 1 comments