TagLightning Network

'Bitcoin Jesus' Roger Ver Epically Trolls Lightning Shills

roger ver trolls Bitcoin Lightning Network

"Lightning fast" may eventually be a trademarked term for some crypto payments company or another, but "Bitcoin Jesus" Roger Ver used the phrase to hard-troll fans of the Lightning Network. Guerilla Marketing by Bitcoin's Favorite Jesus Turned Judas Saying "Bitcoin Cash is lightning fast" and posting a video where a transaction is "completed" within 15 seconds, Ver undoubtedly knew that he was...

Bitcoin's Use Case for Payments Strengthens with Lightning-Powered App

bitcoin lightning network

Fed Chairman Jerome Powell believes that bitcoin's primary use case is as a store of value, not payments. He said yesterday, "almost no one uses bitcoin for payments." That could be about to change. The Chairman of United States central bank when asked about Bitcoin: "They use it as a store of value...like Gold....that's not to say we won't see it & if we do see it yes you could...

CNBC Trader: Lightning Network Is Driving Bitcoin's Resurgence

bitcoin lightning network

By CCN: Bitcoin must have been struck by lightning - the Lightning Network. That's what some crypto observers are saying is behind bitcoin’s price surge. As part of its blockchain Week coverage, CNBC has hosted a series of crypto players to analyze what's going on in the suddenly-roaring industry. Bob Iaccino, the chief market strategist at Path Trading Partners, joined the discussion on...

Spend Bitcoin on Amazon, Thanks to Moon and the Lightning Network

amazon bitcoin

By CCN.com: You can now spend your bitcoin on giant Amazon, thanks to an ingenious lightning network solution, Moon. Moon is a crypto payment-processing start-up that works by allowing lightning network-enabled wallets to be used through Moon's browser extension. The extension allows shoppers to connect their cryptocurrency wallet to it, for example, a Coinbase wallet, and use it at checkout, to...

Amazon with Lightning Network? Early Bitcoin Developer Isn't Impressed

Jeff Garzik, Amazon, Lightning Network

By CCN: You’ve likely heard the buzz about a new Chrome extension that will allow people to make purchases on Amazon using the Lightning Network, Moon. The buzz shouldn’t confuse you, hopefully: Amazon isn’t accepting any form of bitcoin, and they’re not integrating the Lightning Network. The extension does some ninja work in the background to get your crypto into fiat and then gives that to...

Twitter CEO Jack Dorsey Reveals His Latest Bitcoin Purchase to 4 Million Followers

Jack Dorsey Bitcoin

If Jack Dorsey, CEO of both Twitter and Square, isn't heralding wide-scale adoption of bitcoin, no one is. The tech entrepreneur's 4.15 million Twitter followers now know that he owns a Trezor hardware wallet and he used BTC to make the purchase via the Square Cash app. At the current BTC price, he paid approximately $261.54 for the device (and presumably some accessories). Dorsey killed two...

Starbucks Unveils Key Detail about its Secretive Bitcoin Strategy

starbucks accept bitcoin

An article in The Block yesterday includes the following statement: “Only U.S. customers will be able to pay in bitcoin initially.” They’re referring to Starbucks’ recent deal with Bakkt, the great hope of the crypto industry, which might manage to pull off the first crypto ETF. The deal gives Starbucks significant equity in Bakkt, but at no point does it actually require Starbucks to accept...

Major US Grocery Chain Kroger Ditches Visa, Discusses Accepting Bitcoin

kroger visa bitcoin lightning network

Major US grocery chain Kroger recently banned Visa from a regional supermarket in protest of the payment processor's "excessive transaction fees," announcing that hundreds of stores and fueling stations would halt Visa payments in April. However, the story has taken a surprising turn, with Kroger representatives reportedly considering Bitcoin's Lightning Network as one potential alternative...

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