Debunking Dr. Doom’s Latest Comments About Crypto

Nouriel Roubini Dr Doom Crypto Bitcoin

Debunking Dr. Doom’s Latest Comments About Crypto


In a recent debate with Roger Ver hosted at the CC Forum event in London, Dr. Nouriel Roubini shook his fist at crypto assets once again, making a series of accusations on any and all coins.


Former Bitcoin.com CEO, Roger Ver, faced off as a defender of Bitcoin Cash (BCH) and the wider crypto ecosystem this week, against the renowned Professor of Economics. While the clash was exciting to say the least, it was by no means a close battle.

Roubini’s comments on crypto were particularly close-minded and showed a clear lack of understanding about the emerging industry. His beliefs about the traditional financial world were also a bit off too.

Here’s 5 things Nouriel Roubini got wrong.

(1) Crypto Coins are ‘Not a Means of Payment’

Dr. Roubini insisted that crypto coins are “not a means of payment”. He insisted that the networks are too slow, handling only five transactions per second whereas “with Visa system you can do 25,000 transaction per second”. His chief concern was the volatile price, and the fact that merchants could not rely on a stable exchange rate. However, using crypto as a payment option opens up markets that would not be otherwise open.

In-game payments happen faster, countries where citizens have access to the internet but are unbanked now have a fully array of financial services and P2P platforms available to them. Roger Ver also added that BCH and other coins could lead to even more active internet trading, as more sites take crypto on board.

It’s really hard to claim that cryptocurrencies aren’t money when you can spend them at over 100,000 websites on the internet

(2) Coins Crashed and Never Recovered

Dr. Roubini’s argument points out that many coins lost significant portions of their value since 2017.

Typical cryptocurrency has lost most of its value. Even Bitcoin is 60% below the peak, the other top 10 are 75% below their peak, and the other thousands of shitcoins are 95% below their peak.

It’s true, Bitcoin (BTC) is down around 60% from its peak. However, some coins have also manage to bounce and regain a fair valuation. The peak trading values in 2017 were a one-off anomaly that erased value for some of the risk-takers. But the crypto sector is agile, the market is still immature and it continues to exist and transfer value even at lower market prices. New use cases for coins and tokens are discovered, and crypto-based finance is taking root.

It’s worth noting that this week, the stock price of Belgian bank, Dexia, has crashed 99.99% since May 2007 and is about to be delisted. Not just crypto projects had hit zero hey Nouriel?

(3) “Nobody is Using Crypto, It’s a Joke”

This one is easy.

Bitcoin right now has close to half a million active addresses, with constant growth since the launch of the coin. There is a marked growth in BTC addresses containing upward of 1,000 BTC, showing a certain interest in investment. Miners are also showing their vote of confidence, harnessing immense resources to produce blocks. And there is a market for newly mined BTC with no transaction history, showing that crypto networks do indeed have value for instant, censorship-resistant transactions.

(4) Criminals Only Use Crypto

Actually, being a criminal and using BTC turned to be a very bad move of late. Law enforcement plus Chainalysis ended up unraveling one of the biggest darknet sites serving gigabytes of child pornography. And how did they do it? They followed the blockchain trail, and ended up finding the users in the real world. Any other transfer of funds would not be available and made public for analysis, taking many more months to get court orders.

Dr. Roubini is behind the curve once again, as crypto has found its own tools to perform KYC on the blockchains themselves. Startups like CypherTrace go even deeper too, tracking as many as 700 different projects.

(5) Fintech is Apparently Much Better

Fintech is growing with paces as fast as crypto coins. And some tools and platforms are indeed highly innovative. But even fintech is not for everyone. Firstly, there are mystifying regional restrictions. Then, there are rather high fees that work much like a bank. Then, a fintech tool will hold onto your funds – and even have a section of its small script to freeze the account.

With crypto, on the other hand, the funds are always under your control, with no silly restrictions on only sending a few thousand dollars. Nodes are all over the globe to verify the transaction, and there is no human factor. Fintech may also require a bank relationship, which somewhat defeats its purpose.

Dr. Roubini has mentioned similar sentiments in the past years. But the crypto space has evolved, constantly adding new features and use cases. And while there are face-blanching days of volatility, it seems like Bitcoin is here to stay.

What do you think about Dr. Roubini’s stance on crypto assets? Share your thoughts in the comments section below!


Images via Shutterstock, Twitter @TuurDemeester, video via Youtube @bitcoin.com

No, Pepsi’s ‘Pepcoin’ Is Not a New Cryptocurrency

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No, Pepsi’s ‘Pepcoin’ Is Not a New Cryptocurrency


Many people believe that one of the main drivers for mass adoption is major corporations launching their own cryptocurrencies. But sadly, that isn’t going to be Pepsi just yet despite what some have suggested.


Pepcoin Is a Rewards Program

FMCG giant Pepsico recently announced a new rewards program called Pepcoin last month in conjunction with PayPal and Venmo.

But for those of you who wrongly assumed that Pepsi had begun its foray into the crypto world, Pepcoin is definitely not a cryptocurrency.

It’s not really anything, in fact, beyond a marketing ploy designed to incentivize purchases. Consumers simply rack up reward points when they scan product barcodes to exchange for cash in their PayPal or Venmo accounts. 

PepCoin has its very own website which describes the process of acquiring these new ‘pepcoins’. 

pepcoin website

It’s Not a Cryptocurrency

Pepcoin’s name may feel somewhat misleading to a lot of people, particularly in the blockchain space. It certainly seems as if the company is piggybacking off of the trending cryptocurrency phenomena by adding the word “coin” in its name, in the hopes of appealing to the younger tech-savvy demographic.

 

It also seems feverishly complicated. If you want to earn cashback, it’s not as simple as buying a Pepsi product. You have to buy the right pair of products including a soft drink and a Frito-Lay snack in order to qualify for the rewards scheme. Not ideal if you’re only planning on purchasing single items.

You also need a Venmo or PayPal account. You then have to create another account with Pepsi and link that to your Venmo or PayPal- all to earn 37 cents each time you buy the right pair.

It’s Only for US Citizens

We’ve already established that Pepcoin isn’t going to spread any awareness for cryptocurrencies (seeing as it’s not a cryptocurrency). It’s also not going to get very far on a global scale since it’s only valid in the US.

But for those of you interested anyway, be sure you read the fine print. If you’re a loyal customer who’s bothered to jump through all the hoops you need to earn these new pepcoins, you’d better be sure to keep buying. If your account is inactive for over 120 days, you’ll be charged 25 cents.

Oh the joys of centralized commerce!

Do you think Pepsi’s new ‘Pepcoin’ is misleading? Add your thoughts below!


Images via Shutterstock, Twitter @jsweeps2334 @sm_osment @josemontilla33, Pepcoin.com

Tesla Rival Speeds Ahead with Bitcoin (BTC) Payment Option

Karma Automotive Electric Car Bitcoin BTC Bitcoin

Tesla Rival Speeds Ahead with Bitcoin (BTC) Payment Option


Luxury electric car maker, Karma Automotive, now has a Bitcoin (BTC) payment option for its models. The firm is now ahead of Tesla, which has so far only toyed with the idea proposed by the crypto community.


BTC Payments Part of the VIP Package

Karma now offers new buyers and old customers the opportunity to use BTC to buy new car models, as well as services. The option will be available at the Karma Newport Beach Store, the company’s flagship operation. The service is part of the VIP option package at the car sale and service center.

Adding BTC will only boost the firm’s image as a cross between a company for VIP clients, and a high-tech incubator riding the latest trends. The payment option will be available through a partnership with Wanxiang Group.

Karma CEO, Dr. Lance Zhou, said:

Karma’s flagship store will support our efforts to prove emerging technology and provide the latest VVIP customer treatment offerings by accepting Bitcoin cryptocurrency.

The BTC appeal has moved on from the “lambo” ethos of its early days, and onto the novelty of electric vehicles. The Karma electrical vehicles are also opening up their platforms to test various blockchain applications available in the automotive space.

BTC has proven immensely useful for large-scale purchases. Real estate and luxury cars, as well as luxury goods have been available to selected customers. Now, Karma brings a BTC-powered store do its new location, among other luxury car stores near the John Wayne airport in Newport Beach, California.

Karma Aims for High-End, High-Tech Incubator Status

Karma Automotive is also on an expansion drive to introduce its Revero GT model across the US and Canada, with a global all-electric platform expected to unroll in 2021. The stores also carry an innovative three-cylinder BMW engine boasting 535 horsepower capacity. Through its models, Karma wants to establish itself as a high-end incubator for automotive breakthroughs.

As for Tesla, its real involvement with crypto assets has been superficial. Elon Musk tweets have praised BTC and Dogecoin (DOGE), but so far, no BTC transaction for a Tesla has been reported.

BTC payments are also facing new challenges, as the US Internal Revenue Service introduced new guidelines to recognize taxable events. It is no longer possible to transfer BTC in exchange for a good or service, without recognizing taxable income.

Still, the Bitcoin network is especially suited for high-end transfers, as it often carries transactions of close to $1 billion in value, with relatively low fees.

What do you think about Karma Automotive’s move to accept BTC? Share your thoughts in the comments section below!


Images via Shutterstock

Bank of Canada to Fight Crypto with Own Digital Currency

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Bank of Canada to Fight Crypto with Own Digital Currency


The Bank of Canada (BoC) is thinking about developing a digital currency that would eventually replace fiat money completely, according to local media platform The Logic.


Govt-Backed Digital Currency for More Control

Bitcoin came out more than a decade ago as a decentralized, peer-to-peer currency system that enabled privacy and bypassed government control. However, governments learned gradually how to deal with the emerging crypto space. As the saying goes – ‘if you can’t beat them, join them’.

An internet BoC presentation, called “Central Bank Money: The Next Generation,” claims that a digital currency issued by the central bank would have several benefits, as it would allow the sharing of personal data with tax authorities or police.

The Logic, which acquired the presentation through an access-to-information request, found out that the BoC is serious about developing its own digital currency to fight the “direct threat” of cryptocurrencies. The upcoming digital coin would be widely available and initially be used in parallel with fiat money. In the end, the digital currency will remain the only form of money.

CBDC Has Multiple Benefits

The BoC presentation was prepared by Stephen Murchison, an adviser to Governor Stephen Poloz. Murchison has led the central bank’s digital currency research. After two years of in-depth analysis, he concluded that a central bank digital currency (CBDC) has multiple advantages. The document reads:

We need to innovate to stay in the game. [A CBDC] would provide all the benefits of a central bank-backed asset, as well as all the convenience and security of wireless, electronic payments.

The report lists a dozen of benefits and only one drawback. Specifically, a digital currency “presents a risk to stable, low-cost funding for (banks) (deposits),” the document says.

However, the central bank officially claims that it hasn’t decided yet whether it would launch a digital currency.

The BoC agrees that banknotes are becoming obsolete. The bank might hurry up also because it is under pressure from the growing crypto space.

“Cryptocurrencies may become a direct threat to our ability to implement monetary policy and lender of last resort (LOLR) role,” the BoC says in its presentation.

If BoC succeeds with its plan, Canada will not be the only country to have a national digital currency. Last month, we reported that the Republic of the Marshall Islands was moving ahead with its government-backed cryptocurrency.

What do you think of BoC’s plans for its CBDC? Share your opinion in the comments section!


Images via Shutterstock

Bitcoin (BTC) Miners Throw Out “Stale” Block

Bitcoin miners throw out stale block Bitcoin

Bitcoin (BTC) Miners Throw Out “Stale” Block


The Bitcoin network created a rare event – a block discovery happening by two pools at the same time. In theory, such an event could be the root of a hard fork.


Highly Competitive Miners Co-Discovered a Block

Bitcoin (BTC) did not go through a hard fork, but produced a rare event where two pools discovered the right block header at the same time. In the end, one of the pools won the block, and started to propagate it among nodes. The block production was an anomaly, but was resolved by the network rules.

The Bitcoin network usually does not produce rogue blocks, unless a hard fork is intended. But according to analysts, such an event happens every few months.

Bitcoin Rarely Produces “Uncle” Blocks

Because the Bitcoin difficulty is so high, it is improbable that two blocks discover a block header number at the same time. But this is not an unusual event for Ethereum (ETH), where there are regular instances of “uncle” blocks. Those blocks are discovered, but not propagated, and receive a partial reward.

The dispute on which block would propagate happened between Antpool and BTC.com, two of the most influential pools currently. BTC.com and Antpool are close competitors, discovering almost the same amount of blocks in the past day. In general, leading pools have a close competition on block discovery, as they grow their hashrate to grab some of the last 12.5 BTC block rewards.

The recent event with a double block discovery follows another recent anomaly – an unusually slow block. Even at this level of difficulty, blocks arrive every 10 minutes, as scheduled. But on October 1, a block took over an hour for miners to discover its header number.

This underlines the fact that mining includes a chance element. Despite nonce testing optimizations, and a high hashrate, sometimes solving the puzzle to find a block header would be difficult.

The Bitcoin network so far has not gone through reorgs or inadvertent hard forks. Smaller networks, such as Bitcoin SV (BSV), have experienced more shakedowns and anomalies. Bitcoin Cash (BCH) has also seen mining anomalies, mostly because pools would flock to the network during periods of low difficulty, to produce one-minute blocks. But if mining was unprofitable, miners left, and blocks took an hour to produce.

Each Bitcoin block is propagated through 9,301 currently available nodes. The number of nodes fluctuates by a few hundred, but in the past two years keeps close to 9,000 nodes available, often with 10,000 nodes accessible.

What do you think about Bitcoin mining anomalies? Share your thoughts in the comments section below!


Images via Shutterstock, Twitter @BitMEXresearch

New Singapore Payment Services Act Includes Forensic Crypto Tracking

Singapore Forensic Crypto Tracking News

New Singapore Payment Services Act Includes Forensic Crypto Tracking


Financial regulators in Singapore are looking to implement robust crypto tracking as part of efforts to combat financial crimes. This move comes as authorities are set to introduce the country’s new Payment Services Act.


MAS Wants to Combat Illegal Crypto Transactions

According to a speech published by the Monetary Authority of Singapore (MAS), the financial regulator is keen to upscale its crypto surveillance capabilities.

Delivering the keynote address at the International Compliance Association Annual APAC, Loo Siew Yee of the MAS revealed:

MAS is experimenting with both in-house and external technologies to draw insights from new data points, such as transactional information on public blockchains and other sources. Such data will provide useful early warning indicators, alongside traditional sources of information such as statutory returns and suspicious transaction reports.

For Yee, the focus on cryptos is part of efforts by the MAS to strengthen the country’s anti-money laundering (AML) policies.

Earlier in September, Singapore’s Parliament passed the Payment Services Act which comes into effect on January 2020. The new law brings crypto-businesses under the purview of the MAS with a specific focus on AML/CFT compliance.

Singapore’s financial watchdog says it wants its crypto tracking modalities to be in line with international best practices. Intergovernmental bodies like the Financial Action Task Force (FATF) have in recent times advised nations to increase their crypto surveillance.

The Act is only the latest in a recent string of developments aimed at formalizing the country’s crypto space. As previously reported by Bitcoinist, Singapore’s tax body back in July proposed a law exempting bitcoin from Goods and Services Tax (GST).

Several retailers in the country have even begun accepting bitcoin payments as the Southeast Asian theater continues to experience greater crypto adoption.

Blockchain Tracking On The Rise

Singapore’s focus on cryptocurrency surveillance comes at a time when reports indicate that crypto tracking capabilities are on the increase. According to a previous Bitcoinist report, blockchain intelligence firm CipherTrace says crypto tracking is possible for more than 700 tokens.

The firm issued a report showing the existence of crypto tracking capabilities for 87% of the trading volume of the top 100 cryptocurrencies by market cap.

Furthermore, the company revealed that it aided the U.S. Department of Justice (DoJ) in its recent takedown of the largest child pornography website.

With increasing crypto tracking ability, is the argument that virtual currencies support illegal activity a non sequitur? Let us know in the comments below.


Images via Shutterstock

Chainalysis Helped US Department of Justice Shut Down Child Porn Site

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Chainalysis Helped US Department of Justice Shut Down Child Porn Site


On Wednesday, the US Department of Justice announced that it had shut down the largest child pornography website by content volume. It also arrested its owner and 337 site users across 38 countries. Bitcoin played a crucial role in the operation.


Chainalysis Helps DOJ With Bitcoin Tracing

Blockchain analysis firm Chainalysis said that it had helped the Department of Justice monitor Bitcoin transactions that eventually led to the site crackdown.

Currently, investigators identified at least 23 children and saved them from their abusers.

Don Fort, head of IRS-Criminal Investigations, emphasized the decisive role of tracing Bitcoin transactions to identify the site owner.

The website, called Welcome to Video (WTV), was operated from South Korea and enabled users to buy child pornography videos with Bitcoin. Users could also upload their own content.

New users received a unique Bitcoin address upon registration and were required to use it for sending funds. In total, the site had 1.3 million Bitcoin addresses. In the three years through 2018, WTV received about $353,000 worth of Bitcoin distributed among thousands of separate transactions.

For commented:

“Through the sophisticated tracing of bitcoin transactions, IRS-CI special agents were able to determine the location of the Darknet server, identify the administrator of the website and ultimately track down the website server’s physical location in South Korea.”

Crypto Exchanges’ KYC Was the Key

The law enforcement seized more than 8 terabytes of child pornography. This is the equivalent of about 4,000 hours of video materials or 24,000 clips of 10 minutes each.

However, the investigation would have hardly succeeded if some of the users weren’t stupid enough to send crypto funds from exchanges that used know-you-customer (KYC) checks. Chainalysis used its investigations product called Chanalysis Reactor to analyze transactions and the flow of crypto funds.

As seen on the chart, WTV received funds from various crypto exchanges. This allowed IRS-CI to get in touch with exchange operators for more details on the Bitcoin addresses. Given that most exchanges perform KYC processes, many could deliver copies of IDs, addresses, and other relevant transactions linked with those accounts.

This and other techniques helped investigators identify hundreds of users and make arrests in the US, UK, South Korea, Germany, the United Arab Emirates (UAE), Saudi Arabia, Ireland, Canada, the Czech Republic, and Spain, among others.

This case demonstrates again that governments can easily trace public blockchains. Yesterday, we reported that CipherTrace had announced its capability to trace 87% of crypto transactions across over 700 digital currencies.

Do you think Bitcoin’s low privacy is an advantage? Share your thoughts in the comments section! 


Images via Shutterstock, Chainalysis

Brave Browser Hits 8 Million Monthly Users For Crypto Powered Browsing

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Brave Browser Hits 8 Million Monthly Users For Crypto Powered Browsing


The web browser platform Brave has reached a milestone in terms of users and privacy advertising campaigns. Powered by the BAT crypto-token, the innovative platform is growing fast and the altcoin is one of the few in the green today.


Brave Breaking The Mold

Web advertising is currently dominated by a couple of monopolies that have infiltrated almost every corner of the internet. Brave is breaking the mold by offering a safer and faster browsing experience while nurturing support for content creators through its attention-based crypto ecosystem of rewards.

According to a company blog post Brave has now reached 8 million monthly users with daily active users passing the 2.8 million mark. The post added that there are now over 290,000 verified publishers, the majority of which are YouTube content creators.

The firm’s opt-in Brave Ads system has notched up a growing number of partners, many of which are getting fed up with Google Ads taking over the planet. With privacy scandals on the increase, and monopolies like Google and Facebook right in the middle of them, users and publishers want a safer alternative.

The post added that there have been 385 campaigns on the Brave platform to date, sparking 97 million ad confirmation events. Compared to the industry standard of 2%, Brave platform engagement has been high at 14% with 12% of click-throughs resulting in page visits of 10 seconds or longer.

Intel ran an ad campaign for Intel Gamer Days 2019 which included an interactive Twitter campaign where respondents could score merchandise from the tech giant. There have also been a number of other partnerships as the project gathers pace.

BAT Prices Stable

The Basic Attention Token has been relatively stable compared to other altcoins that have dumped en masse. BAT is currently up almost 4% on the day to trade at $0.22.

Since its peak of $0.86, it has dropped 74% which is not as deep as many of the other crypto assets such as Ethereum, XRP or EOS. On the week BAT has made almost 9% and it appears to be one of those rare altcoins that moves independently of the herd.

BAT is ranked 29th in terms of market capitalization which is $300 million and the daily volume is just over $40 million according to Coinmarketcap.com.

Taking on Google is no mean feat but Brave is offering something different to the mass profit-making that most web monopolies focus on. The token is likely to grow in price as the project does.

Would you switch to the Brave browser? Add your comments below.


Images via Bitcoinist Media Library, Twitter: @brave

Bitcoin Price Drops Below $8000 While Altcoins Get Crushed

bitcoin btc price drops Bitcoin Price

Bitcoin Price Drops Below $8000 While Altcoins Get Crushed


The signs were there. Another bearish downturn has been expected but it has been the altcoins leading the decline this time around as bitcoin price clings to support. A $6 billion crypto purge has resulted in a sea of red across the boards this morning.


Bitcoin Price Back Below $8k

Another day, another dump. Bitcoin has been on the back foot all week and has slid below $8,000 again in a fresh crypto market rout. According to Tradingview.com, the 3% slide dropped prices to an intraday low of $7,920 before a slight recovery to just below $8k.

bitcoin

BTC price 1-hour chart – Tradingview.com

Since the weekend BTC has lost over 5% but it still remains within its range-bound channel and has not made fresh lows just yet. The next few days will be crucial and failure to hold support here could see major losses across the board.

Not all analysts are bearish though. ‘CryptoHamster’ has identified a bullish divergence that could result in bitcoin price moving to the upside.

“Hidden bullish divergence with RSI on a 4h time frame. A little hope for a bull-back to the upside.”

Others view the latest rejection of resistance as an ominous sign that a final capitulation is imminent. It is these day traders that cause the market fluctuations as panic selling overwhelms them as ‘CryptoWelson’ pointed out.

“Since rejecting resistance, and failure to break out, we will now be nose-diving one final time. The fear will likely be enough for the majority of noob traders to sell, in time for the massive alt season.”

The sentiment has been echoed by others in times of low confidence following a three and a half month correction.

Bears appear to be dominating things at the moment but BTC is still holding support at the moment. A further dump below current levels and the impending death cross on the daily chart would certainly spell the return of crypto winter.

Altcoin Avalanche

The altcoins are suffering greater losses today as only one bucks the trend. Ethereum has dumped 3% in a fall back to $175 while XRP fever has faded as it falls to $0.285.

Litecoin is collapsing even harder with a 5% dump as it falls towards $50, wiping out a lot of this year’s progress. BSV, Tron, Dash, and NEO are all dropping over 5% at the moment as $6 billion leaves the markets overnight.

The only survivor of today’s rout is Monero which has pumped 9% in the opposite direction to reach $57.

Will bitcoin price fall through support and drag markets into the abyss again? Add your thoughts below.


Images via Bitcoinist Media Library, BTC/USD charts via TradingView, Twitter: @CryptoHamsterIO, @bitcoinhog

Bitcoin Studies- Coming to a University Near You?

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Bitcoin Studies- Coming to a University Near You?


Is Bitcoin (BTC) teachable? As Satoshi Nakamoto once commented on Bitcointalk, “If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.”


Universities Already Hold Courses on Blockchain

In 2019, multiple blockchain or BTC courses already exist – so why not an entire undergraduate program dedicated to various issues of crypto coins.

Leading US institutions are already offering introductory courses, with the lead taken by IT or economics departments. However, Crypto Twitter comments expanded the issue, suggesting that the study program should be much wider, encompassing both psychology and maybe even the legal issues of digital coins.

The proposal for a Bitcoin major raised issues of governance, and of the new types of blockchains created through delegation. But commenters also pointed to the fact that undergraduates rarely receive an explanation on the workings of central banks.

Bitcoin and crypto proponents have a problem with the possibility to raise unlimited funds, simply by tweaking the balance of central banks. Thus, the money supply remains agile, reportedly to encourage the economy. In the past decade, however, unprecedented quantitative easing led to negative interest rates, and fears that fiat money has overplayed its hand.

The interest in Bitcoin and the idea of sound money has followed the interventions of central banks. In the past days alone, the crypto space watched as the Fed poured in tens of billions in overnight repo facilities, to stave off an interbank liquidity crisis. The pouring of trillions of newly printed money into the economy is seen as a confusing tool that erases the meaningfulness of money. Without scarcity, Bitcoin proponents believe, money is prone to inflating illogical asset bubbles.

Bitcoin Projects Target Students

University students have been targeted by crypto projects in the past. Bitcoin Cash (BCH) popularized itself by sending small amounts of BCH to students. And now, the same technique is applied by the Bitcoin SV community.

BSV, which lost credibility within crypto social media, leading to delistings from major exchanges, keeps attempting to gain popularity and proponents by other means.

While universities are yet to dedicate entire majors to Bitcoin, adoption is growing. Recently, the Oxford English Dictionary officially added the word “satoshi” to the official dictionary.

What do you think about a Bitcoin university major? Share your thoughts in the comments section below!


Images via Shutterstock, Twitter @zhusu @Centbee