quotBitcoin – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Mon, 24 Mar 2025 15:22:14 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 quotBitcoin – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 if "Bitcoin is a cryptocurrency" As they say, why some people are pen drive "Physical currency"? https://earlybirdsinvest.com/if-bitcoin-is-a-cryptocurrency-as-they-say-why-some-people-are-pen-drive-physical-currency/ https://earlybirdsinvest.com/if-bitcoin-is-a-cryptocurrency-as-they-say-why-some-people-are-pen-drive-physical-currency/#respond Mon, 24 Mar 2025 15:22:14 +0000 https://earlybirdsinvest.com/if-bitcoin-is-a-cryptocurrency-as-they-say-why-some-people-are-pen-drive-physical-currency/

The real question is, as they say, “Bitcoin is a cryptocurrency,” why do some people not consider “pen drives” (the physical device that stores public and private keys and manages coins on the blockchain) as “physical currency”?

For example, let’s say Bob gives Alice a pen drive containing one bitcoin. Alice trades her favorite programming book called “JavaScript” for one bitcoin included in her pen drive.

how?

Alice(book) -> Bob (pendrive)
Bob(pendrive) -> Alice (book)

Is this considered a valid transaction (Pendrive->Book) despite not being on the blockchain? In this hypothetical scenario, were there any valid transactions even if nothing was done directly on the blockchain?

]]> https://earlybirdsinvest.com/if-bitcoin-is-a-cryptocurrency-as-they-say-why-some-people-are-pen-drive-physical-currency/feed/ 0 26962 Free "Bitcoin Jesus": Silk Road Creator Ross Ulbricht Fights to Save Roger Ver https://earlybirdsinvest.com/free-bitcoin-jesus-silk-road-creator-ross-ulbricht-fights-to-save-roger-ver/ https://earlybirdsinvest.com/free-bitcoin-jesus-silk-road-creator-ross-ulbricht-fights-to-save-roger-ver/#respond Sat, 22 Feb 2025 06:54:39 +0000 https://earlybirdsinvest.com/free-bitcoin-jesus-silk-road-creator-ross-ulbricht-fights-to-save-roger-ver/

Ross Ulbricht, the former operator of Silk Road who was recently pardoned, is speaking out in support of Roger Ver, also known as “Bitcoin
BTC


$96,476.34

Jesus”.

Ver is facing tax-related charges in the United States, which could lead to a prison sentence of more than 100 years if he is extradited.

Ulbricht took to X on February 20, saying Ver had supported him while he was imprisoned, and he wanted to return the favor. “Roger Ver was there for me when I was down and needed help. Now Roger needs our support”, he wrote.

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Additionally, Ulbricht argued that prison time for tax-related offenses is excessive, adding, “Let him pay the tax (if any) and be done with it”.

Ver was arrested in April 2024 based on US charges of tax evasion, fraud, and filing false tax returns. Prosecutors claim he misreported capital gains from Bitcoin sales and undervalued two companies when he gave up his US citizenship in 2014 to become a Japanese citizen.

Ver denies the allegations, arguing that the process for paying the required tax was unclear at the time due to the limited liquidity of Bitcoin.

On January 26, Ver shared a video on X calling on US President Donald Trump for help. He claimed that only Trump’s “commitment to justice” could prevent his extradition and imprisonment.

Meanwhile, the viral “Hawk Tuah” girl, Haliey Welch, recently made a brief appearance following the troubled launch of her meme coin. How? Read the full story.

Aaron S. Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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