Latest Bitcoin News
In one way or another, Bitcoin is now stable. And it wasn’t always calm waters and thanks to its whipsaws, analysts as well as traditional market influencers found new terms describing the world’s most valuable crypto asset. Jamie Dimon called it a scam before his corporation ironically launched the first ever inter-bank settlement private token, the JPM Coin.
Read: Bitcoin Won’t Be $3,000 Cheap Again, Crypto To Trend Higher In April
However, it is Charlie Munger, the vice chair of Berkshire Hathaway–whose head, Warren Buffet, is against the idea of crypto, that stole the show after calling it rat poison. Weeks later, Warren Buffet said Bitcoin was Rat Poison squared. Whether Bitcoin is a scam, a fraud, a Ponzi or rat poison, enthusiasts and builders are undeterred.
For true believers eyeing the overall prize, it’s all about adoption which is encouragingly gathering pace and gaining traction especially after the launch of the experimental Lightning Network whose capacity now exceeds 1,000 BTC processing more than $4 million as a result. It has been a year or so after roll out but the benefits are beginning to permeate.
Also Read: Here’s why The Bitcoin Lightning Network Capacity Exceeds $4.2 million
More merchants are now accepting cheap, LN payments while those in Twitter can receive instantaneous tips via Bitcoin LN after Jack Dorsey endorsed Tippin.me.
Warning! This user is on my black list, likely as a known plagiarist, spammer or ID thief. Please be cautious with this post!
If you believe this is an error, please chat with us in the #cheetah-appeals channel in our discord.