A bill to make Bitcoin legal tender has been submitted a second time for Arizona. If approved, the legal precedent could have federal implications in the United States for both transactions AND capital gains treatment for the digital asset.Read Post
If there is one thing both crypto bulls and bears can agree on, it's that the crypto markets are Volatile! Every day up and down, down and up the prices go. You need a double dose of Dramamine just to study the charts let alone take a trading position. Volatility may seem bad, but if you're looking to trade, volatility really means opportunity.Read Post
Bitcoin must be training for the Olympics because it is running away from exchanges at a clip that rivals Usain Bolt. The mass collapse of CeFi (Centralized Finance) in 2022 has finally opened people's eyes to arguably the most crucial feature of Bitcoin, self-custody. Over the past year, Bitcoin exchange supply has declined from 11.85% to 6.65%, indicating a surge in prioritizing cold storage over convenience.Read Post
Bitcoin is deflationary, which enforces a "Low Time Preference" methodology. Low time preference refers to prioritizing long-term goals and being willing to delay immediate gratification to achieve those goals. Individuals with low time preferences are often more disciplined and patient, and they are more likely to make decisions that are in their long-term best interests.Read Post
In a time where we face a constant flow of distractions, it is imperative to understand how to quickly filter out what gives us meaning and what is just noise. Time is finite. Time is precious. Time will slip through your fingers if you let it. Treat time like the most precious resource by understanding your own personal Life of 5.Read Post
FOMO (Fear of Missing Out) is real, and before you find yourself liquidating your 401k to invest in the next Koala Coin (it's not a thing yet but give it time...), you should comb through the project with a fine tooth comb.
Here are 10 things to assess with every crypto project before you hand over a dime!Read Post
Sam Bankman-Fried (SBF) appears to be already breaking the rules of his bond release. Shocker!
He was not allowed to make any transactions worth more than $1,000 without permission, according to his bail terms but has allegedly gone on a liquidation spree draining over $600k in funds.
If found to be true, SBF's parents could have their house forfeited.Read Post
Satoshi Nakamoto is a pseudonym for the person(s) who created the original bitcoin software and published the first paper introducing the world to the concept of cryptocurrency in 2008. After actively contributing to the development of Bitcoin and the blockchain up until around 2010, Nakamoto has since vanished without a trace. Many people have speculated who Satoshi is and we at Ponder Crypto, think we know is most likely...Read Post
Ray Youssef, the co-founder of the New York-based crypto exchange Paxful, says that Ethereum is being taken off the exchange because the leading smart contract platform's switch to proof-of-stake makes it less decentralized. Ray said, "To win, we need the most support for one clearing layer, and Bitcoin is the only game in town."Read Post
Bitcoin (Blockchain) works the same way when it comes to storing and keeping track of transactions, and it doesn't need third parties (also called ledger managers) to do it. In other words, blockchain takes away the need for third-party guarantors like banks, custodians, and different types of trustees. Instead, transactions are reviewed, validated, confirmed, and logged programmatically through code and hardware.Read Post
Fidelity Investments introduced its new crypto program for individual investors, which could offer digital assets to the company's 40 million individual clients. In addition, the asset management giant is alerting crypto waiting list consumers that they can sign up. Fidelity Crypto may appeal to cryptocurrency-curious investors who trust Fidelity. However, these new services may not interest you if you're a crypto enthusiast. Fidelity's crypto selection and functionality are behind top crypto exchanges, but its trading costs are comparable.Read Post