In Bitcoin We Trust
In Bitcoin We Trust

In Bitcoin We Trust

In Bitcoin We Trust is a place where Bitcoin believers share their ideas about the upcoming revolution. Blockchain and cryptocurrencies are also covered in this publication.


Customers of the First Bitcoin Giant MtGox Will Soon Share $9B. What will the refunded customers do with their Bitcoin?

19 Nov 2021 2 minute read 1 comment ssaurel

It is February 26, 2014. Ulcerated customers come to stand on the sidewalk at the foot of MtGox's headquarters in the Shibuya district of Tokyo. In front of photographers and the freezing rain, they then wave signs marked with the inscription: “MtGox...

“Is Bitcoin Too Complicated for Mass Adoption?” Is Like Asking in 1997 if “Is the Internet Too Complicated for Mass Adoption?”

18 Nov 2021 4 minute read 2 comments ssaurel

Bitcoin surpassed 100 million users in September 2020. This is an estimate since we cannot know the exact number of users of Bitcoin which is a pseudonymous network. We can only know the number of addresses used on the network. The number of users on...

Bitcoin Price Drops Below $60K – What’s Next?

17 Nov 2021 2 minute read 1 comment ssaurel

Nothing is easy in the Bitcoin world. That's what makes everything Bitcoin has already accomplished since its inception so special. Everything Bitcoin has achieved, it has had to earn through the willingness of its users to bring to life this incredi...

VanEck’s Spot-Market Bitcoin ETF Is Rejected – SEC Continues To Act to the Detriment of US Investors

16 Nov 2021 3 minute read 0 comments ssaurel

The SEC had until November 14, 2021, to give its answer on the Bitcoin ETF based on the spot market of VanEck. The answer finally came late last week on Friday, November 12, 2021. The SEC has rejected the spot market-based ETF that VanEck hoped to la...

Don't Be Afraid When Bitcoin Crashes, Keep in Mind How Far We've Come and How Far We Still Have To Go

16 Nov 2021 4 minute read 1 comment ssaurel

At the end of March 2021, I wrote an article explaining that the price of Bitcoin would crash again in the future. At the time, the price of Bitcoin was above $59K in a sideways consolidation and all indications were that the price of Bitcoin would e...

Taproot Has Been Activated on the Bitcoin Network - What You Need To Know

15 Nov 2021 3 minute read 8 comments ssaurel

Four years after the last major evolution of the Bitcoin network, Taproot has just been activated at block height 709,632 on Sunday, November 14, 2021, at 5:15 UTC. This block which will remain an important milestone in the history of Bitcoin was min...

Make Your Choice – USD Eats Your Purchasing Power. Bitcoin Eats USD To Protect Your Purchasing Power

14 Nov 2021 3 minute read 3 comments ssaurel

At the beginning of 2021, inflation should not be a problem according to Fed Chair Jerome Powell. This same Jerome Powell then spoke of transitory inflation in the early summer of 2021 when it had just exceeded 5% in America. At the end of September...

Rich Bitcoin HODLer vs Poor Bitcoin Trader

13 Nov 2021 4 minute read 16 comments ssaurel

The lure of profit is what drives most people to buy Bitcoin for the first time. There is nothing wrong with this since most of today's Bitcoiners were once those people who came into the Bitcoin world attracted by the juicy profits it allows. Bitcoi...

Bitcoin Price Below $64K – Don’t Be Afraid, $75K-$80K Remains the Target for Late November 2021

12 Nov 2021 3 minute read 0 comments ssaurel

After a day on November 10, 2021, which once again highlighted the advantages of being a Bitcoin HODLer rather than a Bitcoin Trader, the price of Bitcoin is in a consolidation phase. Its price has even fallen below $64K as I write this. Some people...

Be Stronger Than FOMO and FUD Feelings in the Bitcoin World – 6 Golden Rules To Apply

11 Nov 2021 5 minute read 1 comment ssaurel

Bitcoin is the world's only truly free market. Period. Bitcoin users are free to find the equilibrium price of Bitcoin 24 hours a day, 7 days a week, 365 days a year. There are no circuit-breakers like in the stock market to come in and stop trading...