Before cryptocurrency, there was currency, which is simply a medium of exchange for goods and service. But how did currency come to be? The short answer: It evolved from bartering. As the world grew more advanced and interconnected, it needed a simpler, more portable method of exchange, which prompted the earliest forms of currency. Yet, […]
Coronavirus Serves as a Reminder: Today’s Payments System Is Broken
The coronavirus, once novel, has been the story of the year. One subplot to the pandemic horror show has been the frailties of the legacy banking system laid exposed. Several governments issued stimulus packages directly to their citizens in order to keep consumer spending up and the economy ticking over. Limitations in the banking system created bottlenecks. Technical […]
Bitcoin and Other Missed Money-Making Opportunities
Perhaps you’ve watched Bitcoin prices go up and are debating whether to buy Bitcoin–or whether to buy more Bitcoin. While you ponder, we’d like to present these missed money-making opportunities to make your decision easier…. Opportunity: Buying the Patent to the Telephone Missed by: William Orton, the 1876 president of Western Union Telegraph Western Union […]
Derek Muhney: The Business of Bitcoin ATMs (Podcast)
Derek Muhney, Director of Marketing & Strategy here at Coinsource appeared on the Anita Posch Show. They talked about the innovative business of Bitcoin ATMs. View the full episode below:
The Winners and Losers of 2020 Bitcoin Predictions
Now that it’s 2021, let’s take a look back at 2020 and poke some light fun at the winners and losers of the Bitcoin predictions for an utterly unpredictable year. As the briefest of recaps: Bitcoin started 2020 trading at $7,150 and hit an all-time high of $23,000 in December. (Check out our article on Bitcoin’s […]