• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Monday, May 12, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Crypto Bitcoin

Demystifying bitcoin –  the ₿  Word live coverage.

by Shambhavi Soni
July 21, 2021
in Bitcoin, Business, Crypto
Reading Time: 2 mins read
0
credits- the b word
TwitterWhatsappLinkedin

 

You might also like

Best Crypto To Buy Now: Game On! AurealOne (DLUME) Is Set to Lead the Next Crypto Bull Run!!

US Government’s Crypto Holdings Surge to $21 Billion

FTC Pushes Back “Click-to-Cancel” Rule to July, Giving Businesses More Time to Comply

One of the most trending events of the crypto world, “the ₿ word” began on Wednesday at 9:30 P.M. IST. Nic Carter starts with the key relevance of Bitcoin work evidence and the fact that stake proofs (less energy-intensive) are inferior. 

At 11:30 pm IST along with Cathie Wood and Jack Dorsey, Tesla’s Technoking will be on stage.

Here are a few key points from the live event.

  • Carter said, More transactions also equal more energy expenditure. Carter also observes. This contrasts directly with Elon Musk, who helped stop the fall of Bitcoin two months ago by stating it was using too much energy to make transactions. 
  • The energy use of the network argues Carter has little to do with transactions.
  • “We’re talking about disproportionate [Bitcoin] penetration in places with weak property rights, poor governance, high inflation, strong capital controls,” Carter said. “Sites in which people from a monetary perspective are highly unrestricted.” credits- the b word
  • Philip Gradwell, the chief economist of chainanalysis then took the lead to further continue with his address on demystifying the myth “bitcoin facilitates criminal activities”.
  • Bitcoin activities are transparent, so criminal activities are measurable and trackable, said Gradwell. He also mentioned, 98% of bitcoins activities are completely legal as per the data from 2020.
  • He also addressed how criminal activities have been handled lawfully in the past. 
  • Nate Maddrey then took over to about whether “Bitcoin Ownership is Concentrated.”
  •  He notes first that every Bitcoin transaction is visible, including wallet addresses that hold Bitcoin to everyone who wants to access it. Although 99% of the top 10% of addresses are supplied, the essential phrase is “addresses.” 
  • Addresses, Maddrey maintains that there are no people. Tons of people can speak an address (think exchanges like coin and institutions). He actually asserts that exchanges are five of the top ten Bitcoin addresses.
  • Lyn Alden has the floor in the final part of the first part-session to try and disprove “Bitcoin Can be easily displaced” FUD. Bitcoin has three “irreplaceable qualities.” She notices the often used Bitcoin analogy with MySpace. It’s a level of scale and market dominance that MySpace never even sniffed at 13 years after it came into being..
  • Alden is a highly active and well-followed Seeking Alpha contributor. 

Elon Musk is on stage.

live

  • The discussion between Cathie Wood, Jack Dorsey and Elon Musk is currently happening. Wood leads off, speaking several years ago about her exposure to Bitcoin. Arthur Laffer, who threw his hands up and finally declared a monetary regime based on rules, passed the research.
Tags: #ELON_MUSKCathie WoodJack Dorsey
Tweet54SendShare15
Previous Post

Why did AMC stock see a huge 24% upsurge?

Next Post

Tesla lowers Hardware update price at $1000 that enables FSD subscription

Shambhavi Soni

Recommended For You

Best Crypto To Buy Now: Game On! AurealOne (DLUME) Is Set to Lead the Next Crypto Bull Run!!

by Techstory
May 12, 2025
0
Best Crypto To Buy Now: Game On! AurealOne (DLUME) Is Set to Lead the Next Crypto Bull Run!!

The cryptocurrency world is quickly growing, and real value is on the rise from projects that solve real issues in the world using blockchain in gaming, DeFi, and...

Read more

US Government’s Crypto Holdings Surge to $21 Billion

by Sneha Singh
May 12, 2025
0
US Government's Crypto Holdings Surge to $21 Billion

Federal crypto reserves reached a record high of $21.156 billion, a dramatic change in how Washington treats digital currencies. The state holds 198,012 Bitcoin worth approximately $20.69 billion,...

Read more

FTC Pushes Back “Click-to-Cancel” Rule to July, Giving Businesses More Time to Comply

by Harikrishnan A
May 11, 2025
0
FTC Pushes Back “Click-to-Cancel” Rule to July, Giving Businesses More Time to Comply

Consumers hoping for a smoother way to cancel online subscriptions will have to wait a bit longer. The Federal Trade Commission (FTC) has delayed enforcing a key rule...

Read more
Next Post
Tesla lowers Hardware update price at $1000 that enables FSD subscription

Tesla lowers Hardware update price at $1000 that enables FSD subscription

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?