Displaying items by tag: BitCoin

As the Steam Deck is starting to get to people that have ordered them questions about Steam’s place in Web3 and recent moves around NFTs come up in conversation. Steam, Valve’s distribution arm has been seen as a one of the more cutting-edge services, with founder Gabe Newell once having a following like Elon Musk (at least in the gaming world). However, despite this perception they have never really been completely onboard with Crypto and the trappings of Web3.

Blockchain, the immutable public transaction log where many say the future lies and the concept of “code is law” is often bandied about. However, the bank ending utopian promise of block chain and web3.0 has not exactly arrived and it is not as “de”centralized as it was supposed to be. Instead, the power and control of blockchain technologies, especially when is comes to currencies involved have been concentrated in a few groups while theft, scams and crime seem to be the most common things you read about it. So, what happened? The concept of Web 3.0 was not supposed to be like this.

Whenever a new game hits the streets you can bet there will be a less-than-legal copy either right before, or right after. This was the case with the new game "Watch Dogs. Shortly before the retail release there were multiple copies available from different sources. One of the most popular sources was BitTorrent. Sadly, someone decided to taint that version with a bitcoin mining utility.

One of the richest men in the world, big business magnate and the most successful investor of the last century, 83 year old Warren Buffett, spoke to CNBC about the current state of the economy. The conversation touched on the Bitcoin or the great attention that this virtual currency is currently gets.

Since the end of last year, Virgin Galactic owned by Richard Branson allows payment of its services through the virtual currency Bitcoin. This option was used by Cameron and Tyler Winklevoss, and they paid their trip into space completely in bitcoins, but will have to wait a bit more until commercial flights of this type start to happen.

Since the 18th August of 2008. when the domain bitcoin.org was purchased, and after on January 12th 2009. the first recorded transactions between Satoshi and Hal Finney took place, many have wondered who is Satoshi, since he was listed as the person who created a new virtual currency - Bitcoin.

Taro Aso, the Japanese finance minister, said that the local government is still investigating the case of Mt.Gox collapse, the best known Bitcoin exchange office, which was located in Tokyo. As word of possible criminal activity behind this case, it is possible to be a responsible and serious legal consequences.

Charlie Shrem, vice president of Bitcoin Foundation, which is among other things responsible for lobbying in favor of digital currencies, was arrested earlier this week in New York. With him was arrested Robert Faiella, a senior official of the same organization.

Shortly after Zynga's publication that they are testing the Bitcoin payments within their online games, news arrived that one more American online store has done the same.

Alan Greenspan, former head of the FED, the US Federal Reserve and also the most influential financial institutions, called the recent rapid growth in the value of Bitcoin a speculative bubble. His word in the financial world have very great significance, and the People's Bank of China reacted immediately and banned banks that were carrying out transactions in that virtual currency.