Hacker News with Generative AI: Bitcoin

Building a Bitcoin Exchange with FOSS BTC Pay Server (btcpayserver.org)
Theory on Jack Dorsey Is Satoshi (twitter.com)
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.
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
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.
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 is not Good Enough (medium.com)
Bitcoin is Fucked, and so are you if you are betting on it.
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 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.
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.
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.
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.
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.
3blue1brown YouTube Bitcoin video taken down as copyright violation (twitter.com)
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.
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.
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.
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.
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.
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.
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 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.
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.
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.
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.
ETFs holding Bitcoin are now the largest holders, surpassing Satoshi Nakamoto (cnbc.com)
Cambridge Bitcoin Electricity Consumption Index (ccaf.io)
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License
El Salvador to scale back Bitcoin dreams to seal $1.3B IMF deal (ft.com)
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 is over $100k (tradingview.com)
Bitcoin hit $99,329 on December 4, boosted by comments from Federal Reserve Chair Jerome Powell.