Category: Crypto Skepticism of the Week

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Who Pays for Bitcoin Mining?

Of all the properties of Bitcoin, the one that always seemed the most magical was how miners got paid in Bitcoin seemingly out of nowhere. Abracadabra! As the value of Bitcoin (or any other proof-of-work crypto) goes up, so too do the rewards. It’s like being able to print your own money, right? Just one […]
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Who Loves Crypto? North Korea, That’s Who

What is cryptocurrency really good for? Let’s ask the North Koreans. Raising funds from criminal activities and evading sanctions are two of North Korea’s most significant uses of crypto, according to the recently published report Closing the Crypto Gap: Guidance for Countering North Korean Cryptocurrency Activity in Southeast Asia from the Royal United Services Institute […]
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