Questions tagged [bitcoin]

Carlo Mon Jul 08 2024 | 7 answers 1247

As a keen observer of the cryptocurrency landscape, I often ponder about the resilience of digital currencies in the face of potential disruptions. One question that particularly intrigues me is: Will people stop using bitcoin if the Internet goes down? After all, the decentralized nature of bitcoin relies heavily on the Internet for transactions, confirmations, and overall network connectivity. So, what happens when the all-important digital backbone that powers bitcoin falters? Would investors and users alike abandon bitcoin in such a scenario, or is there a contingency plan that ensures its continued usage, albeit with limitations? The answer to this question could potentially shape the future of bitcoin and its role in the global financial system.

Nicola Mon Jul 08 2024 | 6 answers 1616

Could you please elaborate on the recent developments surrounding the approval of Bitcoin and Ethereum Exchange-Traded Funds (ETFs) in Hong Kong? Have the Hong Kong Securities and Futures Commission officially green-lighted these products, allowing investors to trade them on regulated platforms? If so, what are the key implications for the local cryptocurrency market and the overall financial landscape in Hong Kong? Additionally, how do these approvals compare to other jurisdictions around the world that have been more hesitant in embracing cryptocurrency-based investment products?

CryptoPioneer Mon Jul 08 2024 | 5 answers 1228

Could you elaborate on the question, "Is Bitcoin a libertarian?" The statement begs for clarification, as Bitcoin, being a decentralized digital currency, is an inanimate object incapable of holding political ideologies. However, if we're examining the ideological underpinnings of Bitcoin's creators and proponents, there are indeed libertarian elements. Bitcoin was designed to circumvent traditional financial institutions and government oversight, promoting financial sovereignty and autonomy. Does this Libertarian-leaning philosophy define Bitcoin as a whole? Or is it merely a tool that Libertarians have adopted to further their ideals? Discuss.

HanbokElegance Mon Jul 08 2024 | 7 answers 1700

In today's digital age, the question of "How to earn Bitcoin from games?" has become increasingly prevalent. Cryptocurrencies have gained significant traction, and Bitcoin, being the pioneer, has captured the imagination of many. But can one actually earn this valuable digital asset through gaming? Well, the answer is yes, and it's not as far-fetched as it may seem. With the emergence of blockchain-based gaming platforms and in-game economies, players are now able to earn Bitcoin and other cryptocurrencies for their efforts. Whether it's through playing skill-based games, participating in tournaments, or even just engaging in daily activities, the opportunities are there. But how do these mechanisms work? Let's delve deeper into the world of earning Bitcoin through gaming.

Michele Mon Jul 08 2024 | 0 answers 0

Could you please elaborate on the question of when the last Bitcoin will be mined? With the current mining reward halving schedule, we know that the reward for mining a block decreases every 210,000 blocks, or roughly four years. However, given the complexity of the Bitcoin network and the unpredictable nature of mining participation, it's difficult to pinpoint an exact date. Can you provide any insights into the factors that might influence this timeline? Additionally, is there a consensus among experts on whether the last Bitcoin will ever truly be mined, or if there are potential changes to the protocol that could affect this outcome?