Plus Argentina’s currency controls, Bitmex leak, and more |
| Hello Bitcoiner,
Did you miss this week’s top content?
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| Bitcoin halving: to panic, or not to panic?
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| For Bitcoin miners, the prospect of the upcoming halving event, which will see block rewards reduce by 50% in May 2020, can be a daunting one. Marco Streng, CEO of Genesis Mining, summarized why: "The halving is a brutal wipeout event. It knocks out immediately the miners who are not efficient enough and it shows no mercy."
But, while some miners are concerned about the halving, others are optimistic about it. "If you look at six months before the halving to six months after the halving on both previous instances, you see a massive upward surge in the price of Bitcoin," explained HyperBlock Inc CEO Sean Walsh.
So could the price of Bitcoin increase during the halving, and how will the event impact miners moving forward? Mining industry leaders share their predictions:
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| | New USD currency controls announced in Argentina
Following the recent election of Argentina’s president Alberto Fernández, the country has introduced new capital controls. Individuals can now purchase less USD each month. What are these new lower purchasing limits and what implications could they have?
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| | Bitmex leaks thousands of users’ email addresses
When sending a newsletter to its mailing list, cryptocurrency exchange Bitmex accidentally CC’d tens of thousands of users’ email addresses. This made their details visible to all other users, risking the security of their accounts both on Bitmex and elsewhere.
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| | Jobs and savings: one or the other?
In a recent statement, European Central Bank President Christine Lagarde indicated that there is a trade off between jobs and savings, highlighting that, "We should be happier to have a job than to have our savings protected." Do we have to choose between the two?
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| | Billion-dollar Bitcoin lawsuit continues
After Craig Wright allegedly interfered with the Bitcoin and intellectual property of his deceased business partner David Kleiman, the judge awarded the Kleiman family 50% of Wright’s BTC holdings and blockchain intellectual property (IP). Has Wright now broken that settlement?
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| | "You see giants fall"
Running for U.S. Congress against Nancy Pelosi, 27-year-old Agatha Bacelar supports blockchain technology and the way it can put a stop to disinformation. "We need to decentralize power," she explains. Why do her views differ from most other politicians?
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| | | Bitwage rolls out Bitcoin Cash payroll
Bitwage, a San Francisco-based cryptocurrency payroll service used by the likes of Facebook, Google, and Uber, has launched Bitcoin Cash payrolls. This means that anyone working for a US, EU, or UK employer can now easily receive a portion of their wage in Bitcoin Cash.
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