PoW Bitcoin: “Bitcoin Foundations” – 8/21/2017

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BTC Market Update as of 8/21/2017
Bitstamp $4054
Okcoin 3M futures $4104
Futures Spread $50
BTC Market Cap $67.4 B
Global Crypto Market Cap $145.9 B
Maximalist Price $8835
Localbitcoins vol (24h) $4.0 M
Network vol (24h) $755 M
Mempool 53.8 MB
Difficulty est. 0.24% in 2 days
Gold $1287
DXY 93.38
SPX500 2425

Sources: PricesLocalBitcoinsBlockchain VolumeDifficulty, Mempool, Gold, DXYSPX500


Full on BitPay boycott is happening. They’ve lied to their customers and everyone knows it.

Bitmain is the major hurdle for bitcoin. They have huge plans for a brand new chip, and not in bitcoin.

Bitfury is not going away. They have been the company that Russians are talking to for their new mining operation. Other chip makers are sure to go past GPUs to ASICs in the near future, right as Bitmain is going after a new market.

First bitcoin transaction received via satellite. From Adam Back of course. A dawn of a new phase.

Jeff Garzik and company of B2X aren’t going to change the world by copy & pasting Core updates into btc1. Keep bitcoin decentralized.

The US Congress is doing what they do, trying to coopt better men’s inventions.

Be vigilant of the sick fascination with mainstream adoption. Bitcoin will get there on it’s own. It doesn’t need the govt help.


Music by Joakim Karud

Ansel Lindner Written by:

Ansel is a bitcoin specialist, economist, and podcast host.

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