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Showing posts from November, 2019

The Jim Bell System Revisited

Let me re-emphasize that I have neither the knowledge nor the will to implement this system. I certainly don’t like the State, but I would rather concentrate my energies on constructive rather than destructive solutions. That said, I still think governments everywhere are going to be staring down the barrel of an encrypted gun in the near future, and this article attempts to explain why, in response to numerous objections received since my last article. **This following article is an opinion piece written in 2002 by the libertarian author Robert Vroman. Vroman is well known for his editorial work writing for anti-state.com . ‘The Jim Bell System Revisited’ first published on anti-state.com on August 15, 2002, in response to “The Jim Bell System” debate. Check out Bob Murphy’s and Adam Young’s response to Vroman’s editorial. Bitcoin.com is not responsible for or liable for any opinions, content, accuracy or quality within the Op-ed article.** I also want to point out some areas wh

Film Reveals Never-Before-Seen Information About the Silk Road Case

On November 26, a new Silk Road video was published that reveals underreported and never-before-seen information. The film called the “Silk Road Case: The Real, Untold Story” contains over 400 references to direct evidence from a wide range of sources. The organization Freeross.org published the video on Youtube and called it “the most comprehensive, researched narrative about Silk Road and Ross Ulbricht’s case.” Also read: The Silk Road Investigation: A ‘Pattern of Bad Behavior and Double Agents’ New Silk Road Documentary Discusses How Ross Ulbricht Handed the Reins Over to Another Individual Since the Silk Road marketplace was seized and Ross Ulbricht incarcerated, many facets of the case have remained a mystery to this day. The video published on Youtube on November 26 by the nonprofit organization Freeross.org tries to unravel some of the riddles behind the Silk Road investigation. “ Silk Road Case: The Real, Untold Story ” contains information that has never been publicly rele

Canadian Regulator Green-Lights Bitcoin Fund IPO

The Bitcoin Fund’s initial public offering (IPO) filing has been accepted by Canada’s Ontario Securities Commission. Despite previously rejecting it, the Canadian regulator finally accepted the fund’s IPO prospectus after a public hearing and a favorable ruling. Also read: Bitcoin ATMs Installed at 5 Major Malls in the US The Bitcoin Fund IPO Crypto-focused Canadian investment fund manager 3IQ Corp. announced on Thursday that it has filed a preliminary prospectus for the IPO of The Bitcoin Fund. More importantly, the prospectus dated Nov. 27 has been receipted by the Ontario Securities Commission (OSC) after previously rejecting it. The IPO will offer two classes of units at $10 each. The Bitcoin Fund is a closed-end investment fund established as a trust under Ontario’s laws, the company explained, adding that “the units will be an eligible qualified investment for registered investment accounts.” The fund’s investment objectives are to provide investors with long-term capital a

459 Days Until BTC Hits Its Longest Streak Without a New All-Time High

Since bitcoin hit its all-time high (ATH) in December 2017, crypto enthusiasts have wondered if BTC will touch or surpass it again. After the ATH in November 2013 at $1,156 per BTC , it took 1,170 days to touch the next ATH at $19,891 per coin. To many observers, the downtime has been very long after the rough crypto winter of 2018, but so far it’s only been 711 days since the last price high. Also Read: Bakkt’s Bitcoin Futures Shatters Records Amid Spot Market Turmoil BTC Traders Patiently Wait for the Next Bull Run Digital currency and BTC prices rebounded after the fall in 2018 but not everyone is convinced the bearish sentiment is over. Optimism exists because on December 7 at approximately 8:05 EST, BTC prices dropped to a low of $3,306 per coin but since then BTC has regained at least half of the percentage losses. Positivity jumped back in the summer when BTC rose 320% from the December 2018 low to a high of $13,311 on June 27. But after that, expectations dropped whe

Sideshift SLP Token SAI Gains Over 30% in Less Than 24 Hours

Crypto exchange Sideshift’s SLP token, SAI, has scored remarkable gains in value this week. Its price jumped well over 30% on Thursday, from $0.0310 per coin early on Nov. 28 to over $0.0450 a few hours later, and to a record high of 0.0473 on Friday, Nov. 29. Also read: Gocrypto SLP Token Starts Trading on Bitcoin.com Exchange SAI Maintains New Higher Price Range SAI is the native token of Sideshift AI , an automated coin swapping platform that allows users to quickly exchange around two dozen cryptocurrencies, including bitcoin cash ( BCH ), bitcoin core ( BTC ) and several stablecoins. Of course, it supports SAI as well, which exists as a Simple Ledger Protocol (SLP) token, an ERC-20 token and on the Liquid inter-exchange settlement network. It has a limited supply and only 210 million SAI will ever be minted. The token is currently used to pay out rewards that can be earned by becoming a Sideshift affiliate . The exchange plans to increase its implementation in interactions