El Salvador discovered that Bitcoin really is a ponzi scheme
Published in News


But its fanboy president can’t help but buy more of it

While the Bitcoin ponzi scheme has been crashing and burning, one of its key fanboy’s El Salvador’s president cannot admit he has made a mistake.

US pressures El Salvador over Bitcoin
Published in News
Thursday, 17 February 2022 11:35

US pressures El Salvador over Bitcoin


President tells them to sling their hook

The US government has been told to sling its hook by Bitcoin fanboy El Salvador President Nayib Bukele.

Linus Torvalds did not create Bitcoin
Published in News
Monday, 07 February 2022 13:03

Linus Torvalds did not create Bitcoin


Mystery solved

Linus Torvalds has squashed an internet rumour that he is Bitcoin creator Satoshi Nakamoto.

Texas wants to make itself a citadel for bitcoin
Published in Cloud


Because citadels historically work well in Texas

Texas governor candidate Don Huffines said he is "committed to making Texas the citadel for bitcoin and has released a plan detailing the effort.

Bitcoin could be worthless
Published in News
Wednesday, 15 December 2021 11:44

Bitcoin could be worthless


Bank of England warns

The Bank of England has said that bitcoin could be "worthless" and people investing in the digital currency should be prepared to lose everything.

Texas about to stuff up its power grid for cryptocurrency miners
Published in Cloud


At this rate the Mexicans will not want it back

Texas, which has one of the most dodgy power grids in the US, is about to be hit by a surge in demand for electricity that's twice the size of Austin's as part of local government policy.

El Salvador's move to Bitcoin sparks praise and skepticism
Published in News


Done too quick 

The move by El Salvador to move to Bitcoin as legal tender has been greeted with praise and brickbats across the financial markets.

Amazon denies Bitcoin rumour
Published in News
Tuesday, 27 July 2021 09:38

Amazon denies Bitcoin rumour


Bitcoin investors are getting desperate

Desperate to stop haemorrhage losses in Bitcoin value, some wise guy thought it a wizard idea to spread a rumour that Amazon was going to start accepting the monopoly money.

EU will force data collection on Bitcoin
Published in News
Wednesday, 21 July 2021 11:51

EU will force data collection on Bitcoin


Will be traceable or be banned 

Proposed changes to EU law would force companies that transfer Bitcoin or other crypto-assets to collect details on the recipient and sender.

Malaysia crushes 1,069 bitcoin mining rigs
Published in News


What a waste


Malaysian authorities seized 1,069 bitcoin mining rigs, laid them out in a parking lot at police headquarters, and used a steamroller to crush them, as part of a joint operation between law enforcement in the city of Miri and electric utility Sarawak Energy.