What’s this Ethereum everyone is talking about? When it comes to cryptocurrencies, everyone has heard of Bitcoin. But there’s another network that is almost as well-known and respected: Ethereum. What’s the difference with Ethereum? Ethereum is a network that uses a cryptocurrency […]
A rebuttal to the BIS criticism of Bitcoin Consider the following counter-arguments… The Bank for International Settlements made some bold criticisms of Bitcoin and cryptocurrency recently, warning that the volume of transactions required to run all money systems in the world would bring the […]
The way money used to be “I remember it like it was yesterday, James,” the old man wistfully pondered. “Money was so different back then. Everything was different.” “How so, Will?” the younger one asked – not so young as to be a […]
Why cryptocurrency mining might actually be better for the environment In a classic case of over-simplification, cryptocurrency mining has been getting a bad rap lately… You’ve probably read it – the current quantity of annual energy consumed to mine cryptocurrency globally equals the energy […]
Banks are buying time with the credit and debit card shutdown on cryptocurrencies. The cryptocurrency bank shutdown seems to have been an effective way to slow things down… Late 2017, the retail buzz about Bitcoin and cryptocurrency was at a fever pitch. I remember […]
Collapsing economies turning to Bitcoin for stability In an ironic twist, crypto is becoming the escape hatch from hyper-inflation. Economies regulated into oblivion, suffering from excessive borrowing and hyperactive printing of currency, are paying more and more attention to Bitcoin as an escape hatch. […]
Profiles of the blockchain industry: Vitalik Buterin The Profiles of the blockchain industry series examines pioneers and leaders of the blockchain industry, with the hope of inspiring you to find your place in this nascent realm. It’s a world that is full of potential and […]
The definition of money Seashells. Chocolate. Rice. Bitcoin. What do these seemingly random items have in common? They’re all forms of money, of course! It’s true. The cowrie shell was used for years as a currency in many parts of the world, […]
Cryptocurrency Beginner’s Urban Dictionary Entering the world of cryptocurrency is like entering an entirely new culture. Mostly nerdy, but also full of tons of passionate, interesting people – don’t worry, nerds are cool! Anyway, to help with this transition into the world of crypto, […]
So what exactly is cryptocurrency? Today, there are problems with the way we create and use money, called fiat. Money is made in big buildings called mints. Lots and lots of money gets made there. The more money that gets made, the less it […]
Tutorial: How do I buy Bitcoin? Ready to take the plunge? Time to buy some Bitcoin! This is how it begins… In my experience, the easiest way to purchase Bitcoin (in North America, anyway) was with the app, Coinbase. It accepts credit and debit […]
