14 Jul '17, 2am

Janet Yellen's Bitcoin Troll Gets $15,000 In Donations

Janet Yellen's Bitcoin Troll Gets $15,000 In Donations

“Behind the conflict is an ideological split about bitcoin’s rightful identity. The community has bitterly argued whether the cryptocurrency should evolve to appeal to mainstream corporations and become more attractive to traditional capital, or fortify its position as a libertarian beacon; whether it should act more as an asset like gold, or as a payment system. The seeds of the debate were planted years ago: To protect from cyber attacks, bitcoin by design caps the amount of information on its network, called the blockchain. That puts a ceiling on how many transactions it can process -- the so-called block size limit -- just as the currency’s growing popularity is boosting activity. As a result, transaction times and processing fees have soared to record levels this year, curtailing bitcoin’s ability to process payments with the same efficiency as services like Visa Inc....

Full article: http://www.zerohedge.com/news/2017-07-13/activist-who-tro...

Tweets

would you have taken $15,000?

would you have taken $15,000?

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@Cointelegraph

cointelegraph.com 12 Jul '17, 6pm

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via @qz

QZ.com 12 Jul '17, 11am

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#bitcoin #segwit

Blockchain.info 16 Jul '17, 8pm

Blocks at depth 476096 in the bitcoin blockchain

World’s Worst Bitcoin Mining Rig https://t.co/WdUG5tigOq

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@BTCTN

@BTCTN

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