April 16th, 2021

Taproot is the Next Major Upgrade for Bitcoin

Bitcoin Taproot

News

Taproot is the next major upgrade for the Bitcoin protocol

Taproot was originally proposed in January 2018 by Gregory Maxwell to expand the smart contract abilities of Bitcoin with scalability and privacy in mind. Simply put, Taproot allows one to make a complicated conditional transactions like multisig look like a single normal transaction. This is great for privacy when transacting in Bitcoin!

Coinbase soars in market debut, valued near $86 billion

Coinbase was the first exchange to make buying and selling bitcoin simple for the average user and continues to be a leader in the space. Congratulations to what looks like a hugely successful IPO! In addition, Coinbase gifts 100 shares to each employee.

TIME Magazine To Hold Bitcoin

TIME Magazine will be paid for a cryptocurrency video project in bitcoin and hold the asset on its balance sheet.


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Back to the Future Explaining Bitcoin

Tags: taproot, coinbase, IPO, public, time magazine, accept

 
April 8th, 2021

PayPal Accepts Bitcoin For Merchant Payment

Paypal Accepts Bitcoin

News

PayPal Accepts Bitcoin For Merchant Payment

"When a user pays with a crypto asset, PayPal will instantly convert that sum into the corresponding amount of fiat currency, free of charge, and then send this fiat currency to the vendor in exchange for goods or services."

Goldman Sachs is close to offering bitcoin and other digital assets to its wealth management clients.

"The bank aims to begin offering investments in the emerging asset class in the second quarter, according to Mary Rich, who was recently named global head of digital assets for Goldman’s private wealth management division."

Sacramento Kings to Offer Bitcoin Salary Option to All Players.

Court Authorizes Service of John Doe Summons Seeking Identities of U.S. Taxpayers Who Have Used Cryptocurrency.


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You're so Lucky

Tags: paypal, goldman sachs, sacromento kings, irs, tax

 
March 26th, 2021

You can now buy a Tesla with Bitcoin

Tesla Bitcoin

News

You can now buy a Tesla with Bitcoin

Elon Musk's following tweet makes it even beter! - "Tesla is using only internal & open source software & operates Bitcoin nodes directly. Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency."

Morgan Stanley first bank to offer wealthier clients access to BTC.

India baning Bitcoin, Pakistan opens huge mining farms.

Tax breaks for miners in Kentucky.

Stream sats to podcasts creators through Breez.


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Fix the Money, Fix the World

Tags: tesla, bitcoin, morgan stanley, india, pakistan, tax, kentucky, breez