Reasons to invest in Bitcoin for the long term/Bitcoin will never be “yoursâ€[10 carefully selected books to read on the weekend]| CoinDesk JAPAN
There are already hundreds of millions of people around the world who have decided that Bitcoin is right for them. All of them probably expect Bitcoin to rise over time, or believe they need to take advantage of Bitcoin’s unique features at some point in their lives. There are as many reasons to hold these views as there are Bitcoin holders.
— Carefully selected what you want to read over the weekend from columns, analysis articles, interviews, etc. published this week. This week, there are 10 books including announcements.
Why I invest in Bitcoin for the long term
I expect the demand for Bitcoin (BTC) to increase for two major reasons, and I believe the price will rise over the next few years.
- Bitcoin will become a global reserve currency: it will be a borderless, neutral currency that replaces each country’s legal tender.
- The U.S. is so deeply indebted that it is impossible to repay the debt without its real value being eroded by inflation, causing the value of the U.S. dollar to decline and investors to use Bitcoin as a liquid, non-inflationary asset. invest in
…read more
With a Bitcoin ETF, your Bitcoin is never “yoursâ€
U.S.-approved Bitcoin ETFs have been surprisingly popular in recent weeks, based on volume and flow metrics. But Bitcoin ETFs miss Bitcoin’s true utility of facilitating peer-to-peer transactions and bypassing traditional intermediaries. …read more
Solana, stop pretending to be a “betaâ€.
Solana, one of the fastest growing blockchains, suffered a serious outage early on February 6th.
Engineers responded quickly, beginning work before 6 a.m. ET and applying the necessary patches to restart the broken chain. …read more
SBI, Monex: Signs of improvement in business profits of crypto assets – Fund flow changes dramatically with first Bitcoin ETF listing
Two domestic financial companies, SBI Holdings and Monex Group, have released financial reports that show that their business profits from crypto assets (virtual currencies) are expected to improve.
The first exchange-traded fund (ETF) that tracks physical Bitcoin to be listed in the United States is likely to change the flow of funds in the Bitcoin market and impact the business environment for crypto assets. …read more
US government tightens siege on Bitcoin mining
The U.S. Department of Energy (DOE) is placing even stricter scrutiny on Bitcoin (BTC) mining. Is this something to be wary of?
More specifically, the Energy Information Administration (EIA), a statistical agency under the DOE, released an “urgent data collection request†to track the electricity consumption of some U.S.-based miners for six months. They say they will investigate. …read more
Tokenization of real assets (RWA) is fake news
“Tokenization,†especially “tokenization of real-world assets (RWA),†has recently been attracting attention as the next big thing in the crypto asset (virtual currency) industry.
Most people don’t realize that this trend is just another form of security token. Security tokens may not have been heard of since 2018, and there’s a reason for that. …read more
Bankruptcy was a circuit breaker for the “crypto winterâ€
Throughout history, societies have often frowned upon bankruptcy, viewing it from a moral perspective as a betrayal of mutual trust and responsibility.
But having lived through and reported on various financial crises, I have come to appreciate the court-driven process by which modern capitalism deals with this unpleasant problem. …read more
Why is the hoax that “Bitcoin consumes a lot of water” spreading?
You may have heard the fuss over an editorial published in a scientific journal that purportedly detailed how Bitcoin uses up a lot of water and destroys the environment. This commentary was picked up and spread by mainstream media despite its factual and data-based inaccuracies. …read more
30 reasons to love Vitalik Buterin: On his 30th birthday
Vitalik Buterin, co-founder and spiritual leader of Ethereum, turned 30 on January 31st. He calls this day “the end of childhood.â€
Buterin has accomplished a lot. Following in Satoshi Nakamoto’s footsteps was a challenge, but Buterin rose to the challenge without any ego. In honor of his many accomplishments, CoinDesk has compiled 30 reasons to love Buterin. Of course, the list is current. …read more
N.Avenue, operated by CoinDesk JAPAN, will co-host the main conference “JBW Summit†of Japan Blockchain Week 2024 in July
N.Avenue, which operates CoinDesk JAPAN, will co-host the main conference “JBW Summit†of Japan Blockchain Week 2024, which will be held in July.
Japan Blockchain Week 2024, which will be held for the third time this year, will start on July 4th. Over the course of approximately one month, we aim to create one of the largest venues in Asia where industry professionals can gather together in conjunction with multiple events that will attract key people from Japan and abroad. …read more
|Editing: CoinDesk JAPAN Editorial Department
|Top image: Shutterstock
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