Slush Pool encoded a Reuters headline in an apparent nod to the Bitcoin genesis block, which contains a banner from The Times.
“Dollar plummets on U.S. stimulus hopes; Bitcoin hits all-time peak” is now part of Bitcoin block number 659678.
Announcing the news on Twitter, Slush Pool said that the pool’s miners wanted to “immortalize” the bullish Bitcoin (BTC) headline from mainstream media, making it live forever on the Bitcoin blockchain.
Our miners asked us to immortalize it.
— Slush Pool | Braiins (OS+) (@slush_pool) December 2, 2020
Reuters published the article about the weakening United States dollar while Bitcoin was hitting all-time highs on Dec. 1. In the piece, columnist Gertrude Chavez-Dreyfuss noted that the U.S. dollar’s drop coincided with the news of a second COVID-19 relief bill being discussed in the Unite States Congress.
Encoding the article in the Bitcoin blockchain seems to be a nod to the genesis block, which contains a 2009 headline from The Times, reading, “Chancellor on brink of second bailout for banks.”
As Cointelegraph previously reported, Bitcoin hit a new all-time high on some crypto exchanges on Dec. 1, surpassing $19,892.
Amid an ongoing rally on crypto markets, mainstream media has significantly increased its focus on the industry and Bitcoin. Peter Schiff, a gold enthusiast and one of the biggest Bitcoin naysayers, has opposed news agencies‘ coverage of the current crypto boom. “CNBC’s excessive coverage of #Bitcoin sets a new low in financial journalism ethics,” Schiff said in a Dec. 1 tweet.
Source: , CoinTelegraph
Articles listed with Cash Tech News as the author are either general information, or may have been imported from another website, to bring our readers a rich media experience that encompasses articles that we find interesting, as well as those curated by others.
The views and opinions expressed here are for informational purposes only, and should not be confused with professional financial advice. These opinions are solely those of the author and do not necessarily reflect the views of CashTechNews.com. Every investment and trade involves risk. You should conduct your own research, and contact your professional financial advisor before making any investment.
Corrections, feedback, and ideas should be submitted through the website contact form.