5 ‘crazy’ things you can buy with cryptocurrency-Computerfanfield

If you’ve been out of the crypto game for a while, here’s what’s been happening: major cryptocurrencies are trading in the red , retirees protest El Salvador’s adoption of Bitcoin as legal tender , and Honduras opened its first cryptocurrency ATM . Basically, business as usual in the crypto verse.

However, if you’re still HODLing some coins, you might want to brush up on what you can buy with them. Here are 5 ‘crazy’ things you could blow your crypto cash on .

1. Beauty products

Credit: Bruce Mars

The crypto world has a huge gender inequality problem , but the traditionally female beauty industry doesn’t give a damn .

More and more cosmetics brands are adding cryptocurrency to their payment options, including Lush, Wake, R+Co, Opu Labs, Glamnetic, and Perfect 365, as well as online beauty platforms like Cult Beauty and EM Cosmetics .

2. Funeral services

Credit: Sigmund

Anyone who has seen Netflix’s The Dig knows that you can actually take your money with you when you die. But why would you?

There are a number of funeral homes in the UK and the US that can be paid in Bitcoin . The only catch would be knowing what password your loved one had set for their digital wallet.

3. Good karma

Credit: Carl Heyerdahl

Who says capitalism doesn’t have a bright side as well?

You can earn some extra karma points by donating your crypto to support a good cause.

From Save the Children and the Ugandan Water Project to Project Chimps and Orangutan Outreach , there are plenty of charities and NGOs that accept Bitcoin , proceeds from NFTs, and other cryptocurrency donations.

4. University degrees

Credit: Mohammad Shahhosseini

You’re never too old to learn, and there are several universities across the world who are accepting cryptocurrency as a payment .

And for that extra meta option, you could always get your Master’s in Blockchain and Digital Currency at the University of Nicosia in Cyprus, where you can also pay your tuition fee in crypto.

5. Tickets to TNW Conference 2021

If none of the previous option tickle your fancy, how about the only festival worth going to this year?

To celebrate that we can (finally!) meet in person again, TNW is accepting payments in various altcoins . Every week there will be a different coin, so if you do happen to have a couple of altcoins that you’re looking to be liberated from, you’ll know what to spend it on.

The festival grounds will be packed with bars, food stalls, and live music. Oh, and of course the 150+ industry leaders who will share their insights, including crypto experts Zoe Adamovicz, Co-founder & CEO of Neufund, and Lane Kasselman, Chief Business Officer at Blockchainom .

Don’t miss out on Europe’s leading tech festival on September 30 and October 1 — get your tickets now!

Europol: Bitcoin is the still the dark web’s favorite cryptocurrency

Bitcoin is still very much the dark web‘s favorite cryptocurrency, but those looking to cover their tracks are slowly learning to use privacy-focused alternatives.

“While we have previously reported a small shift towards more privacy-focused cryptocurrencies such as Monero, Bitcoin still remains the currency of choice for both legitimate and criminal use,” reports Europol with its latest assessment of internet-based organised crime.

Europol notes that Bitcoin‘s prevalence in the underground economy is a consequence of its familiarity within the customer base, particularly in dark web markets.

In particular, ransomware campaigns have continued to feature Bitcoin almost exclusively. Europol highlighted these attacks as the most prominent cybercrime it tackles.

Hard Fork has previously reported on numerous ransomware attacks that’ve demanded Bitcoin to restore encrypted files.

Still, authorities say there has been a more “pronounced shift” towards more privacy-orientated cryptocurrencies, and expects this trend to continue as criminals become more security aware.

“The main developments regarding this trend are on the Darknet [sic] markets, several of which also accept Monero, or in some cases exclusively trade in it,” Europol added.

Join us in Amsterdam on October 15-17 to discuss blockchain and cryptocurrency with leading experts.

Satoshi Nakaboto: ‘Prominent hedge fund starts trading Bitcoin futures’

Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day.

Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Planck used to say: Bob’s your uncle!

Bitcoin price

We closed the day, April 19 2020, at a price of $7,189. That’s a minor 0.98 percent decline in 24 hours, or -$71.5. It was the lowest closing price in one day.

We’re still 64 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017).

Bitcoin market cap

Bitcoin’s market cap ended the day at $131,815,853,850. It now commands 64 percent of the total crypto market.

Bitcoin volume

Yesterday’s volume of $31,311,210,215 was the lowest in seven days, 46 percent above the year’s average, and 57 percent below the year’s high. That means that yesterday, the Bitcoin network shifted the equivalent of 579 tons of gold.

Bitcoin transactions

A total of 251,832 transactions were conducted yesterday, which is 21 percent below the year’s average and 44 percent below the year’s high.

Bitcoin transaction fee

Yesterday’s average transaction fee concerned $0.17. That’s $3.53 below the year’s high of $3.71.

Bitcoin distribution by address

As of now, there are 11,026 Bitcoin millionaires, or addresses containing more than $1 million worth of Bitcoin.

Furthermore, the top 10 Bitcoin addresses house 5.6 percent of the total supply, the top 100 14.9 percent, and the top 1000 35.1 percent.

Company with a market cap closest to Bitcoin

With a market capitalization of $131 billion, AstraZeneca has a market capitalization most similar to that of Bitcoin at the moment.

Bitcoin’s path towards $1 million

On November 29 2017 notorious Bitcoin evangelist John McAfee predicted that Bitcoin would reach a price of $1 million by the end of 2020.

He even promised to eat his own dick if it doesn’t. Unfortunately for him it’s 97.5 percent behind being on track. Bitcoin‘s price should have been $290,458 by now, according to dickline.info.

Bitcoin Energy Consumption

Bitcoin used an estimated 204 million kilowatt hour of electricity yesterday. On a yearly basis that would amount to 74 terawatt hour. That’s the equivalent of Venezuela’s energy consumption or 6,9 million US households. Bitcoin’s energy consumption now represents 0.33% of the whole world’s electricity use.

Bitcoin on Twitter

Yesterday 25,819 fresh tweets about Bitcoin were sent out into the world. That’s 36.4 percent above the year’s average. The maximum amount of tweets per day this year about Bitcoin was 75,543.