The Good, the Bad and the Not-So-Ugly: Looking Back at the Year in Bitcoin

Jemma Green, President Nicolas Maduro and John McAfee in front of 2018 banner

2018 has been one hell of a year – so lets look back on the top 10 moments of the Bitcoin universe.

1. Bitcoin Turns 10 (According to Some) Happy 10th Birthday Bitcoin!

Like many things in the crypto world, the date of Bitcoins birthday is a subject of debate. Some start celebrating on 31st October, when the Bitcoin whitepaper was published by none other than Satoshi Nakamoto themselves. Others, however, prefer to count the Genesis Block (3rd January 2009) as the true birth of Bitcoin.

Dates aside, its hard to disagree on the fact that Bitcoin has come such a long way in a very short time.

2. Australias Power Ledger Impresses Sir Richard Branson The Power Ledger team take out Richard Bransons Extreme Tech Challenge

It was a proud moment for many Aussies when its own blockchain startup Power Ledger impressed the like of Sir Richard Branson. Power Ledger came out on top of Bransons coveted Extreme Tech Challenge (XTC) and if all goes according to plan, will be rolling out blockchain powered solar energy trading in 2019. Pretty cool, right?

3. Crypto Fiend John McAfee Announces his Presidential Campaign

My POTUS run can spark a free people. But our hearts must first be free. We can only create what we are. An angry people cannot create peace. A hateful people can build no loving structure. If we accept the Blockchain as our guiding light, our hearts and our minds can be free.

— John McAfee (@officialmcafee) October 11, 2018

If the name McAfee rings a bell, its probably because you have or once had the McAfee Anti-Virus software running on your computer. Now famous for his criminal activity and extreme crypto wealth, John McAfee is turning to politics to spread the message of crypto to the world.

McAfee indicates that he doesnt truly want to become Americas next president. Instead, hes using the campaign to show how blockchain can become the worlds guiding light.

4. The Tale of the Huobi Leak Huobi will operate in Russia and provide legal advice in 2019

As some crypto exchanges celebrated their wins, others were accused of serious allegations. This includes Singaporean-based exchange Huobi, who was accused of colluding with EOS block producers after a document was leaked from an unverified source.

Whether these allegations are simply unsubstantiated commentary, the full extent may not be known, as the author of the leaked spreadsheet still remains unidentified.

For Huobi, these allegations seem to be already in the past. Recently launching an exchange in Russia and now offering much needed legal advice for the crypto community, Huobi is going full steam ahead into the new year.

5. Lightning Str ...

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Tags: Bitcoin, Year, Power Ledger, Lightning Network, John McAfee, Richard Branson, Satoshi Nakamoto, ExtremeTech, Joseph Poon, Thaddeus Dryja