Bitcoin is becoming more of a fixture in mainstream media every day. However, I feel that everyone sees bitcoin as something different. Zealous Libertarians see it as a big middle finger to the government and the banking system, hackers see it as a new source of power to support... Read More
Money is anything widely accepted as a store of value. The idea of money exists in many forms such as currencies and commodities like dollars, yen, or gold. Since #Bitcoin is a widely-accepted currency, it too is money.
Similarities to Historic Currencies
A medium of exchange
Currencies... Read More
One of the keys to allow sustainable growth of Bitcoin in the currency markets is the existence of strong channels for commerce. By this I mean the we need more merchants accepting BTC for their goods and services.
Why would a merchant that has a solid business decide to begin... Read More
Bitcoin is used in a smorgasbord of ways now that it’s showed itself to be stable. With huge gains in 2017 alone, it only makes sense people want to receive bitcoin for goods and services. Here are some at the fore.
More and more companies are adding Bitcoin... Read More
The largest issue I had when starting my bitcoin mining experience, and I am pretty sure others have shared this issue, is that most sites weren’t built to be very user friendly and I am no advanced user. I don’t have much experience with Linux or Ubuntu and only... Read More
Social media networks play a vital role in many aspects of our modern lives. Cryptocurrency has had its fair share of interactions with social media, many of them rather unique. The value of Bitcoin lies as much in the idea behind it as the technology that makes it work. Many... Read More
This is a simple guide to help you getting started with Bitcoin. This guide doesn’t cover all the technical details behind the Bitcoin crypto-currency. There are other useful articles on this website that can provide you with all the technical answers. Bitcoin can be used... Read More
Can we see the future?
If we are looking in the right places, we can see the future. For example, nearly two decades ago, someone saw how the Internet, with its open software and its open protocols would soon dramatically alter our future. His contribution was Mosaic, which... Read More
I received many questions about Bitcoin from friends and these most frequent questions are emblematic of the questions most people ask.
1. What is bitcoin? How long has it been around? How extensively is it used?
Bitcoin is two things which share a name: 1) a payment... Read More
Bitcoin is maintained by a peer-to-peer network, which allows Bitcoin transactions (the transfer of Bitcoin value from one Bitcoin address to another using cryptographic algorithms) to occur directly between a buyer and seller. This direct connection of buyer and seller eliminates... Read More