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Godfrey Mwirigi

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rating : 4.5

view : 12.5K

posts : 549

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We-Can-Give-Property-Rights-to-8B-People-Michael-Saylor
We Can Give Property Rights to 8B People:Michael Saylor

Michael Saylor, the CEO of MicroStrategy remains optimistic about Bitcoin. Bitcoin has the ability to give property rights to 8 billion people. A fork of Bitcoin should be created that is equally divided into 8 billion wallets. MicroStrategy CEO Michael Saylor is still bullish on Bitcoin, saying that the cryptocurrency pair has the ability to give property rights to up to eight billion people and that it has the potential to become the most essential property in human history. He also mentions that the network is a digital monitoring network for the entire planet. The maximalist in a video defines

2 mins read
Why-bitcoin-is-better-than-fiat-and-gold
What Makes Bitcoin More Valuable Than Gold And Fiat

Since Bitcoin’s creation, it has grown increasingly popular and valuable. It is possible for cryptocurrencies to outperform fiat money and gold. Bitcoin’s censorship resistance is one of the main reasons it has value. Since it was created in 2009 by the pseudonymous Satoshi Nakomoto, Bitcoin has become increasingly popular and valuable, garnering worldwide attention. In April 2021, Bitcoin’s market capitalization crossed the $1 trillion mark, making it a more attractive investment option for many when compared to gold. However, there are underlying principles that determine what constitutes money in an economy. Can we use mangoes as currency? No, it lacks

2 mins read
Celsius-Network-May-Require-Funds-Return-by-Court-Order
Celsius Network May Require Funds Return by Court Order

Crypto lender Celsius Networks’ customers still want their money back. Celsius maintains that only “pure” custodial account holders are eligible. A ruling on the matter has not yet been made. According to a report by Aaron Bennett, Customers of Earn and Borrow, who anticipated some type of profit or benefit, disagree with Celsius clients who feel that any custodial account holder. i.e any customer who deposited funds in a custody account but held ownership of the assets should receive their monies. The three-hour meeting on Thursday was largely devoted to discussing whether or not custodial account holders should be allowed

2 mins read
Over 200 Businesses Now Accepting Bitcoin in Guatemala
Over 200 Businesses Now Accepting Bitcoin in Guatemala

The market’s acceptance of Bitcoin is becoming increasingly noticeable. In Guatemala alone, up to 200 businesses are now accepting bitcoins. Guatemala joins some countries in the world in becoming Bitcoin-friendly. Despite Bitcoin’s notorious volatility, its acceptance in the modern market is becoming noticeable. In Guatemala alone, there are around 200 businesses accepting the chief cryptocurrency.   The central bank presidents for Honduras and Guatemala both said that they have been studying digital currencies. In addition, they are aiming to eventually introduce them into the economy, including via a central bank digital currency (CBDC).  Guatemala’s central bank Vice President, Jose Alfredo

1 min read
Crypto Traders are Still Bullish for September
Crypto Traders are Still Bullish for September

September is notorious for being a tough month for the cryptocurrency market. This September could be a good month for the markets. Last month felt irrational, with people calling new lows to come soon. September is known for being a bad month for the cryptocurrency markets. According to reports, this year, September has been a prospective month for the markets. The total market capitalization of all cryptocurrencies has increased significantly in the previous month and this month at large, while the price of Bitcoin (BTC) has surged by more than 1% in the last 24 hours. According to data from

2 mins read
Trezor Users Can Now Buy BTC Using Hardware Wallet
Trezor Users Can Now Buy BTC Using Hardware Wallet

Trezor users can now buy bitcoin directly using their hardware wallet. Trezor Suite now allows them to convert between currencies without any counterparty risk. The newer features are still in testing and development. According to a tweet by the Bitcoin magazine, Trezor users can now buy bitcoin directly in their cold wallet. With the help of Invite’s crypto exchange comparison tool, users can connect with trusted partner exchanges that fulfill direct-to-custody trades using their preferred payment method. Trezor Suite now allows them to convert between currencies without any counterparty risk since the hardware wallet is not controlled by an exchange.

1 min read
MicroStrategy's Michael Saylor Accused of Tax Fraud
MicroStrategy’s Michael Saylor Accused of Tax Fraud

D.C. attorney general sues Michael Saylor alleging income tax evasion. The suit also states that he did not pay income taxes in D.C. from 2005 The complaint also charges MicroStrategy of conspiracy. On August 22, D.C. Attorney General Karl A. Racine filed a lawsuit in D.C. Superior Court against Michael Saylor for allegedly claiming to live in lower-tax jurisdictions and avoiding paying taxes despite living a luxurious lifestyle in a 7,000-square-foot penthouse overlooking the Georgetown waterfront. The complaint also charges MicroStrategy with conspiracy for not reporting Saylors’ address and correctly withholding District taxes from local and federal tax authorities. The

2 mins read
Georgia Approves Bill Regulating Bitcoin And Crypto
Georgia Approves Bill Regulating Bitcoin And Crypto

One of the best countries in the world for cryptocurrency is Georgia. The crypto economy worldwide has experienced significant milestones. People have gone ahead to take out their views. Georgia is one of the top nations in the world for cryptocurrencies; there are no legal limits for cryptocurrency trade there, and as of right now, no license is needed for such business. Additionally, Georgia offers enterprises operating in the cryptocurrency industry a high level of tax certainty and a favorable tax structure. The World Bank predicted in 2018 that Georgia had at least 200,000 people working in the industry. The

2 mins read
Cramer Advises on Staying Away From Assets Like Bitcoin
Cramer Advises on Staying Away From Assets Like Bitcoin

This week Jim Cramer warned about cryptocurrency. The crypto-verse has attracted a lot of critics. Three consecutive periods have seen a decline on Wall Street. Jim Cramer of CNBC urged investors earlier on Tuesday to stay away from speculative assets like cryptocurrencies, warning that they would face continued difficulty during the current Federal Reserve tightening cycle. Since its inception, the crypto-verse has garnered a large number of detractors. Numerous government representatives discussed how Bitcoin [BTC] was the dark web’s currency. But as time went on, it became clear that BTC was much more than just a symbol of the shadowy

2 mins read
Michael-Saylor-Best-Way-To-Secure-Your-Property-Rights
Michael Saylor: Best Way To Secure Your Property Rights

Michael Saylor made a survey on the best ways to secure property rights. Michael never gives up believing in the potential of Bitcoin.  Many still believe in Bitcoin technology. Michael Saylor, a Bitcoin maximalist, released a survey on the best ways an individual or an entity could secure their property rights for up to 100 years and even further. Michael then gave a suggestion of the several ways one could help secure their properties. Among the suggestions were Bitcoin, a digital asset, real estate, securities, and finally, gold. Bitcoin, however, is leading in the survey.  As the blockchain works to

2 mins read
The-growth-of-bitcoin
Growth and Adoption of Bitcoin Explained

The global price of Bitcoin ranged from $10 to $100 per BTC in early 2010. The price of Bitcoin is currently $20k. A major key factor driving Bitcoin’s growth is its limited supply. Research from BTC Times indicates that about 9 years down the line, Bitcoin`s exchange rate was at $10 to $100 per BTC across the world. After several years, however, the price of Bitcoin increased to $1k per BTC. By the end of 2017, the price had shot up to $10k per BTC and is currently trading at $20k. This is an unprecedented growth rate, and it has

2 mins read
Bruce-Fenton-for-US-Senate
U.S. Senate: BTC Has Certainty In a Very Uncertain World

The US Senate has been recently discussing Bitcoin. The report argues that Bitcoin is an attractive investment during periods of high inflation. It seems evident that holding Bitcoin is a prudent move with a look into the future. A tweet by the Bitcoin Magazine Research Report contrasts Bitcoin’s indestructible scarcity with macroeconomic uncertainty linked with record-high inflation. The report states that BTC “gives holders a form of wealth that has certainty in a very uncertain world.” The report comes as US Senators including the Senate candidate Bruce Fenton are publicly discussing Bitcoin. In a recent tweet, Fenton compared BTC’s monetary

2 mins read