Fun

University of Wyoming launches Bitcoin Research Institute

News Feed - 2024-07-29 10:07:43

Brayden Lindrea7 hours agoUniversity of Wyoming launches Bitcoin Research InstituteThe Bitcoin Research Institute will open in August as part of the University of Wyoming’s College of Arts and Sciences.2615 Total views3 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksUpdate (July 29 at 6:00 am UTC): This article has been updated to correct the Fahrenheit conversion figure


The University of Wyoming is set to launch the UW Bitcoin Research Institute in August, which aims to provide “high-quality peer-reviewed” studies about Bitcoin.


Bradley Rettler, a Bitcoin activist and Associate Professor at the University of Wyoming, announced the new institute on X on July 28. He will serve as the institute’s director.


Rettler described the current state of Bitcoin (BTC) research as “poor” and stressed the industry needs more “high-quality peer-reviewed” publications to ensure the public is properly informed about what Bitcoin is and how it works.University of Wyoming campus in Laramie, Wyoming. Source: University of Wyoming


He highlighted a 2018 study led by University of Hawaii Professor Camilo Mora that claimed Bitcoin emissions alone could increase global warming by 3.6° Fahrenheit (2 Degrees Celsius) by 2048.


“They failed to account for the difficulty adjustment *and* didn’t know there was a block size cap,” Rettler stressed in a July 28 X post.“These mistakes make their way into journalism, and policy. Bitcoin is multi-faceted in theory, and even more so in practice. Journalists can’t be experts, so they rely on academics. Too many of those academics have let them down.”


One of the institute’s professors is Andrew M. Bailey, lead author of “Resistance Money: A Philosophical Case for Bitcoin.” Rettler was also named as an author of the book.


The Bitcoin Research Institute will officially open in August when the Fall semester for 2024-2025 begins.Source:Andrew M. Bailey


It will run annual summer workshops, offer academic prizesand host weekly seminars, according to its website.


Related:Bitcoin firm, Texas university partner for $5M endowment fund


The BRI is classed as a nonprofit and is accepting Bitcoin donations to assist research.


“We allocate 4% of our investments to bitcoin, so if you donate bitcoin, we will not sell it,” Rettler explained.Source:Dagnum PI


Wyoming is fast becoming a leading Bitcoin state in the United States, largely due to pro-Bitcoin Senator Cynthia Lummis and Caitlin Long, founder and CEO of Custodia Bank, which offers Bitcoin custody solutions.


Lummis announced a strategic Bitcoin Reserve bill at the Bitcoin 2024 conference in Nashville on July 27, which would see the US buy 5% of the 21 million Bitcoin that will ever enter into circulation.


“It can be used for one purpose, to reduce our debt,” Lummis declared during her keynote speech.


Wyoming lawmakers passed a bill in February, 2023, that prohibits state courts from forcing someone to disclose their digital asset private keys. The state also provides a legal framework for decentralized autonomous organizations.


Magazine:‘Bitcoin Layer 2s’ aren’t really L2s at all: Here’s why that matters# Bitcoin# Research# Adoption# Universities# Wyoming# BooksAdd reaction

News Feed

Wyckoff Cycle Shows Where We Are In The Market And When Altcoin Season Will Begin
Este artículo también está disponible en español. The crypto market could be getting ready to enter the highly anticipated altcoin season. As the market rides the bull wa
Tristan Greene4 hours agoBlockchain Capital closes funds totaling $580M for investments in crypto gaming, DeFiThe funds include $380 million for early stage investments and a $200 million "opportunity fund."985
Mainstream Investment Vehicles Tied to Cryptocurrencies Grow Exponentially
Mainstream Investment Vehicles Tied to Cryptocurrencies Grow Exponentially These days bitcoin and a variety of other digital assets are now being traded as funds and traditional
Financial Report Shows Bit Digital Is Transferring 14,500 Bitcoin Miners From China to the US
Financial Report Shows Bit Digital Is Transferring 14,500 Bitcoin Miners From China to the US Following the bitcoin mining crackdown in China, the Nasdaq-listed
Prosecutors request Changpeng Zhao surrender all passports ahead of sentencing
Turner Wright2 hours agoProsecutors request Changpeng Zhao surrender all passports ahead of sentencingThe government asked CZ to surrender his Canadian passport and “all other current and expired passports and travel d
Data Provider Messari Closes $4 Million Funding Round
Data provider Messari has closed a $4 million funding round led by Uncork Capital with new participation from Coinbase Ventures and former Coinbase CTO Balaji Srinivasan, according to a statement from the New York-based
AscendEX New User Promotions: Reward Every Step of the Way
AscendEX New User Promotions: Reward Every Step of the Way press release PRESS RELEASE. New York, NY, November 11, 2022 – AscendEX, a leading global cryptocurrency exchange,
Skybridge Capital Cofounder Says Gamestop Activity Is ‘More Proof That Bitcoin Will Work’
Skybridge Capital Cofounder Says Gamestop Activity Is "More Proof That Bitcoin Will Work" The New York-based Skybridge Capital cofounder, Anthony Scaramucci, rec
Bitcoin Runes fees surpass 1,200 BTC as miners reap rewards post-halving
Gareth Jenkinson11 hours agoBitcoin Runes fees surpass 1,200 BTC as miners reap rewards post-halvingBitcoin miners are reaping the benefits of Runes after the halving, with skyrocketing transaction fees lessening the imp
ERTHA Listing on ByBit
ERTHA Listing on ByBit sponsored Ertha Metaverse, one of blockchain gaming’s most talked about metaverses has today announced the listing of the ERTHA token on another of the
Brazilian Exchange Bitpreco to Expand to Banking Services; Bets on Cashback to Counter Crypto Fears
Brazilian Exchange Bitpreco to Expand to Banking Services; Bets on Cashback to Counter Crypto Fears Bitpreco, a Brazilian cryptocurrency exchange, has decided to extend its functio
Bank of England Sets Out Rules for Libra Launch in the UK
The Bank of England has finalized a set of principles the Facebook-led Libra cryptocurrency project must adopt before going live in the UK. Calling the payment network a potentially