Bitcoin Elite

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Hyperbitcoinization’s Small Minority: Economist Says Bitcoin’s Growing Success Will Lead to Perverse Consequences

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Last Sunday, the price of bitcoin touched an all-time price high at $58,354 per unit and surpassed a $1 trillion market capitalization. Bitcoin’s value has dipped since then, but the decentralized crypto asset’s market still captures a large $900 billion valuation. On February 26, the director of the Economic and Social Research Council (ESRC) warned … Read more

Second Class Citizens or a False Narrative? The Non-Mining Node Debate Heats Up

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Over the past few months, there has been an ongoing theoretical and ideological debate concerning the difference between mining nodes and non-mining nodes, and whether or not one set of nodes is more important than the other. The ongoing argument between BCH proponents and BTC supporters often leads to the node debate as to which … Read more