For perspective, no other well-known asset comes close to the stock to flow ratio of gold or Bitcoin. Silver’s stock to flow ratio is estimated to be about 20, while most usable commodities such as non-precious metals tend to have a stock to flow ratio closer to 1, meaning the world produces and consumes roughly the same amount each year. Another day, another spat in the crypto space… The president of the Bitcoin Association, the entity behind Bitcoin Satoshi Vision (), has accused Binance of cherry-picking its relationships with ... What if I told you the dollar will be backed by XRP and XRP will be backed by BTC and BTC backed by gold? would you call me insane? Would you say I should walk away from this space now before I go too far down the rabbit hole? Well its just a conspiracy theory. And that is where it will sit but its kinda not too far-fetched of an idea when you see how this entire space is developing. Bitcoin Atom (BCA) Forked at Block 505888. The fork occurred on January 24, 2018. Bitcoin Atom is a SegWit-empowered Bitcoin fork with nuclear swaps, half breed agreement, and lightning system. Bitcoin Interest (BCI) Forked at Block 505083. The fork occurred on 22nd of January 2018 11:59 PM GMT. A proof of stake Bitcoin fork. BitcoinClean (BCC) The other half of the puzzle is that even outside of centralizing consensus, you are rarely, if ever, as sovereign as you think. Institutions oversee every step. When you make a bitcoin transaction on Coinbase or Binance, you don’t make the actual transaction. Coinbase and Binance does. You don’t directly “use” crypto anymore than you own your own data on Facebook. You’re a customer ... Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH.
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