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Bitcoin as Legal Tender in Arizona

Bitcoin as Legal Tender in Arizona

January 26, 2023

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.

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Bitcoin Is Sprinting Away

Bitcoin Is Sprinting Away

January 26, 2023

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.

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Bitcoin is an Investment in Time

Bitcoin is an Investment in Time

January 18, 2023

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.

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The Real Satoshi Nakamoto is...

The Real Satoshi Nakamoto is...

January 03, 2023

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...

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Paxful Removes Ethereum from Exchange

Paxful Removes Ethereum from Exchange

January 03, 2023

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."

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Bitcoin Removes Financial Intermediaries

Bitcoin Removes Financial Intermediaries

January 03, 2023

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.

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