A Perspective Check on Bitcoin Price Fluctuations A Very Brief Review of Bitcoin’s ten year price history Bitcoin first broke $7,000 on Nov 2, 2017. Bitcoin next dropped below $7,000 June 11, 2017. Bitcoin hit $7,000 again on July 17, 2018. Bitcoin’s price vacillated above and below $7,000 for a couple of months, but...Continue reading
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From Enterprise Blockchain Partnerships to Fintech Integrations to Government-based initiatives and Institutional Investment in Cryptocurrency, We’re Seeing Some Significant Signs of Life Enterprise Blockchain Initiatives and Partnerships Facebook is reportedly looking for allies to support its planned cryptocurrency payment service “Facebook has been in talks with dozens of financial firms and e-commerce companies...Continue reading
Originally answered on Quora. Question as asked on Quora: “What will be the impact of Bitcoin ETF’s on the economy?” I don’t know that Bitcoin ETFs alone will have a huge impact on the economy, at least near term. However, I see the near-term advent of Bitcoin ETFs as a positive sign that Bitcoin...Continue reading
Original Question: “What is the relevance of Bitcoin to the world?” “The most important thing that Bitcoin offers is a new form of sound money outside the control of any authority or government in the world. This is something that is very very important for the world economy and I think it is going...Continue reading
Original Question: “What is the procedure or method used to find the nonce in blockchain technology? Is the created nonce can be repeated from the previous block?” First, for anyone who may not know, finding the nonce is an essential aspect of the overall blockchain consensus process known as Proof-of-Work (PoW), aka (one type...Continue reading