In this quick video, MICA explains some of the basics about Bitcoin. You can subscribe to our YouTube channel here.
Avoiding Bitcoin Scams
Where there is money, there will always be scammers who try to steal it. And digital money is easier to steal and get away with since the criminal can remain anonymous. Before you buy, sell, exchange, send, or even talk about Bitcoin or other cryptocurrencies with a stranger, be aware of these commonly observed scams […]
Cryptocurrency for the Unbanked and Underbanked
There’s a lot of talk about cryptocurrencies like Bitcoin and Ethereum being the ideal way for the unbanked and underbanked to manage their money. But what does this mean? Who does this apply to? And how does it work? Unbanked and underbanked refers to people who, for one reason or another, don’t have easy access […]
How to Send Cash to Someone Using a Bitcoin ATM
For those times when you need to send cash to someone quickly, easily, and privately, a Bitcoin ATM may be the perfect solution. You don’t have to own Bitcoin yourself, but if you do own Bitcoin, you don’t have to spend it to send someone cash. You can instantly send cash, using your Coinsource Bitcoin […]
Can I Withdraw Cash from A Bitcoin ATM?
This is a popular question that we see from users of our Bitcoin ATM kiosks. Do Bitcoin ATMs give cash or is it only possible to insert cash? Can I sell Bitcoin at a Bitcoin ATM or can I only buy Bitcoin? The simple answer is YES, you can withdraw cash from a Coinsource Bitcoin […]
Private Keys, Public Keys, Addresses and Wallets
A user’s initial transaction with bitcoin or other altcoins generates a pair of unique identifiers called a “private key” and a “public key”. The private key is a cryptographically encoded unique string of numbers and characters that only the owner knows. The public key is a cryptographic code that is used to prove that transactions […]
How Does a Bitcoin ATM Work?
You may have noticed that in many of the usual locations where you can find a bank ATM, like convenience stores and gas stations, there’s another kiosk right next to the bank’s kiosk that says it is a Bitcoin ATM. Question: So how does that work? Bitcoin is a digital cryptocurrency, so what exactly can […]