Though the availability of formal cryptocurrency and blockchain education around the globe is increasing rapidly, the UK Department for Education (DfE) appear to have no immediate plans to include cryptocurrency as a topic in the UK school curriculum. However, the country’s school children will see a “rigorous” new mathematics curriculum and financial literacy education. In a recent interview, a Department for Education (DfE) spokesperson did not voice any objection to cryptocurrency but equally did not
Google searches for ‘Bitcoin’ have dropped by 75% this year in direct correlation with the price, though people are still searching for the world’s top cryptocurrency than ‘Beyonce’ and ‘blockchain.’ ‘Bitcoin’ Google Searches Correlate With Price According to Nicholas Colas, co-founder of DataTrek Research, the drop in searches is a bad sign for prices. “We use Google Trends to track search queries for ‘Bitcoin’ as a proxy for potential new buyers,” Colas said in an
Stop trying to reinvent the monetary wheel with Bitcoin, argues Robert Skidelsky, a member of the British House of Lords and professor emeritus of political economy at Warwick University. [Note: This is an op-ed] Old Man Yells at Bitcoin In an article published last week, Skidelsky draws similarities between gold and Bitcoin, concluding that it’s incorrect to perceive flaws in money itself as the cause of “sick” economies. In other words, boom and bust cycles
Andreas Antonopoulos told conference members that “Bitcoin is the future and Blockchain is bullshit” days before the now-infamous Consensus 2018, it has emerged. Antonopoulos Champions Essential ‘Weirdness’ Speaking at the Polish Bitcoin Congress in Warsaw May 12, Antonopoulos, who has been a well-known Bitcoin advocate and educator since 2013, argued that Bitcoin’s “weirdness” and decentralization’s ability to “offend” were key to its success. “…The reason Bitcoin is interesting is because it’s not controlled, because it
A Reddit user with the username Cryptogreetings put up a puzzle on the platform offering one BTC to anyone who can solve it. Redditors have thronged the thread trying to crack the code and win the prize. The post is currently one of the trending topics on the Bitcoin subreddit. Details of the Puzzle The puzzle is an image with words, numbers, the Bitcoin logo, and other symbols. Within the image are possible clues. Most
One of the more striking elements of the cryptocurrency ecosystem is how young the industry is. If we take the launch of the Bitcoin protocol as the beginnings of this industry, which was in 2009, then this space has not yet even reached its 10th-year milestone. Whereas, traditional and aged industries, such as IT and finance, have existed for decades. A Masters Degree In Crypto Avenues for breaking into traditional industries have long been established
Bitcoin pioneer Nick Szabo said cryptocurrency should make four “most important improvements” in the coming years as Bitcoin’s fortunes reverse this month. Spotlight On Technical Robustness In several tweets April 24, the renowned cryptocurrency figure identified “more secure storage,” decentralized exchanges, second-layer technology such as the Lightning Network and privacy as top priorities for the industry. His ideas come as the consumer sphere related to cryptocurrency continues to face scrutiny of its technical robustness. Despite
Bitcoin may still be a long way from its past peak, but public awareness of the leading cryptocurrency is at an all-time high – especially in England. What, You’ve Never Heard of Bitcoin? Finding someone who’s never heard of Bitcoin is quite the rarity these days. 93 percent of people in the United Kingdom have now heard of the formative cryptocurrency — up 2 percent from January 2018 and up 13 percent from November 2017.
While Bitcoin can already be called the world’s first global currency, it is nevertheless illegal in a several countries, where using it has been outlawed by the government. By doing so, the future is not looking bright for these largely third-world nations with struggling economies. 11 Countries Where Bitcoin is a Crime Bitcoin is not only the world’s first cryptocurrency, it is also the first borderless and apolitical form of money in the history of
Bitcoin economist Saifedean Ammous has confirmed publication of his cryptocurrency reference guide, ‘The Bitcoin Standard.’ Pundits Line Up To Praise New Guide To Bitcoin A worthy counterpart to Andreas Antonopoulos’ ‘Mastering Bitcoin’ series, the book focuses on providing an accessible yet fully-rounded understanding of the revolution Bitcoin represents. Despite only being available for purchase from April 24, The Bitcoin Standard has already garnered such praise that lists have appeared summarizing various readers’ favorite quotations. Chief
Hancock Regional Hospital in Greenfield, Indiana, was hit hard with a ransomware attack in January 2018. To protect patients the hospital decided to pay the hackers, its CEO Steve Long is now educating others. The Attack on Hancock Regional Hospital Though prepared for such an attack, the hospital systems were targeted during a flu outbreak and a snowstorm. To protect patients, CEO Long decided to pay the attackers the cryptocurrency ransom equivalent to $55,000 USD.
Bitcoinist spoke with Saifedean Ammous, assistant professor of economics at Lebanese American University, Bitcoin economist, carnivore grill-master, and author of the new book, The Bitcoin Standard. I think Bitcoin is the most advanced and best form of money ever invented. –Saifedean Ammous Bitcoinist: First, why did you decide to write The Bitcoin Standard? Saifedean Ammous (SA): I found myself spending more and more time explaining and writing about the economics of Bitcoin to people as interest grew, and many
Amid the turmoil of the past few months in the cryptocurrency space, advocates and developers have been speaking out. Bitcoin developer and entrepreneur Jimmy Song adds his voice, with an explanation of why Bitcoin is exceptional, and how investors can assess its long-term value. Using Medium as his platform and referring to the recent roller coaster of cryptocurrency investing as both thrilling and painful, where investors can lose sight of what they are investing in, Song
Paxful knows that Bitcoin in Africa is making a difference, as is evident by a South African business school now accepting the virtual currency for tuition. There are a number of factors that can help determine one’s success, such as determination, education, wealth, intelligence, and even luck. Out of these factors, education is often the one that most people have trouble with. They may lack the time, money, or opportunity to gain a proper education
Bitcoin is invading the college experience in Illinois as students are flocking to courses that focus on cryptocurrency and blockchain technology. Most college students tend to focus their enthusiasm and energy on courses devoted to their particular major. Classes that fall outside of that purview are often taken due to being easy, allowing students to keep up their GPA. However, a new field of study is proving extremely popular in Illinois colleges, drawing students from
If you are the average cryptocurrency enthusiast, chances are that the majority of your portfolio is sitting in the wallets of a crypto-exchange. While it does seem safe, your hard earned money is just a hack away from becoming the victim of a Mt.Gox-like hack in no time. Scams. Scams Everywhere. Fake Vitaliks. Fake McAfees. The twitter handles you are commenting on, are they even authentic? Is the blue tick even real? In an average
NEO and bitcoin are two cryptocurrencies which have risen to prominence since their inceptions. These coins possess some similarities, however, they also possess a number of important differences. Here is a closer look at the key similarities and differences between NEO and bitcoin. Similarities Popularity – Both NEO and Bitcoin are extremely popular. That is why both coins are in the top ten coins by overall market cap as of February 12th, 2018. NEO and
Bitcoin looks to become the biggest beneficiary of increasing money digitization as countries, such as Sweden, spearhead the so-called ‘war on cash.’ But First, What is ‘Cash’? By definition, cash is legal tender or coins that can be used to exchange goods, debt, or services, according to Investopedia. The main property of cash is that besides being physically exchanged at the point of sale for goods or services, it also offers some degree of privacy
Ellen DeGeneres has likened Bitcoin to a “digital goat” in an attempt to explain the digital currency in layman’s terms live on air. Ellen Viewers Learn Bitcoin, Wallets And Volatility In a segment of her popular television show this week, which averages almost 3 million viewers per episode, DeGeneres spent several minutes speaking about the non-physical nature of Bitcoin and wallets, as well as touching on volatility. “You’re probably thinking, ‘Ellen, if I can’t physically
Looking for a job? Better yet, looking for a job that could actually make you rich in the future? Well, Bitcoin just became the fastest growing skill for freelancers in the world. Bitcoin Skills? Did everybody else arrive at the bitcoin party that much earlier than you? Does your trading strategy feel like a scientific proof of Murphy’s law? Perhaps you still haven’t bought your first Lambo? Well don’t worry, I have a tip for
The most popular courses on campuses in the U.S. and across the globe are on Bitcoin and its blockchain technology. In parallel, educational institutions are creating innovative ways to attract the brightest students. For example, Varna University of Management offers Bitcoin scholarships. Bitcoin’s Technology Captivates Academia Student demand for courses on Bitcoin and its underlying technology, the blockchain, is putting elite U.S. universities under pressure. Students from all disciplines are rushing to sign up for
Here are five ways in which Bitcoin technology has completely redefined the concept of money in its nine years of existence. A Revolution of Money Bitcoin is one of the most groundbreaking monetary experiments in human history. In just nine years of existence, Satoshi Nakamoto’s invention has grown into a multi-billion dollar industry, leading to an explosion of fintech innovation… and it’s just getting started. Meanwhile, Bitcoin technology has already reinvented the concept of money.
Bitcoin industry stalwart Charlie Shrem has described decentralized cryptocurrencies as “the biggest innovation of his lifetime” amid turbulent activity on markets. Shrem: My Goal Is Freedom-Giving Technology In a series of tweets Thursday, Shrem, who returned to the cryptocurrency space following a highly criticized spell in jail, explained how the freedoms associated with ‘true’ decentralized assets and networks are his “goal.” “I came to help build technology that gives us freedom and I will not