Author: bitcointalk

Authored by Reed MacDonald via BitcoinMagazine.com,

Krugman's dismissal of Bitcoin at $7.00 serves as a reminder of the potential for revolutionary technologies to reshape the world…

Twelve years ago, economist and Nobel laureate Paul Krugman first addressed Bitcoin and his opinion was skeptical to say the least.

In that now-famous article, penned for The New York Times on September 7, 2011, Krugman criticized and dismissed the cryptocurrency, which was then (more…)

Authored by Amaka Nwaokocha via Cointelegraph.com,

Two United States senators unveiled a bipartisan blueprint for artificial intelligence (AI) legislation on Friday, Sept. 8, as Congress intensifies its endeavors to regulate the emerging technology.

The framework put forward by Senators Richard Blumenthal and Josh Hawley advocates for mandatory licensing for AI firms and makes it clear that technology liability protections will not shield these companies from legal actions. (more…)

Authored by Nivesh Rustgi via Cointelegraph.com,

Bitcoin’s price is trading in a frustratingly tight range between $25,500 and $26,500, leaving traders unsure of the next direction that the asset could take.

However, Charles Edwards, founder of Capriole Investments, believes that Bitcoin’s current price presents a low-risk long-term buying opportunity. Edwards’ view is based on Bitcoin’s production cost and energy value.

Capriole Investments energy value theory gives a fair value price of $47,200, and Edwards reiterated his (more…)