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 […]
A Look Back at 2020 and Bitcoin’s Wild Ride to an All-Time High
2020 is probably the strangest, toughest year many of us have encountered. The pandemic has affected our day-to-day lives, our well-being, and our economy. But it also helped launch Bitcoin on one wild ride, culminating in Bitcoin reaching its all-time highest price on December 19 (at the time of writing this). Here, we’ll take a […]
Money Weirder Than Bitcoin
You’ve likely encountered cryptocurrency skeptics who question how an item that only exists digitally can be currency. Perhaps you’ve even attempted to explain that Bitcoin is a virtual token logged as an entry on a ledger called the blockchain. Certainly, this is more abstract than the paper money we carry in our wallets. Yet, all […]
Bitcoin Predictions for 2021 and Beyond
Bitcoin hitting an all-time high of nearly $20,000 was a rare silver lining to an otherwise bleak year. But 2020 is almost over–goodbye and good riddance–and 2021 is just around the corner. Let’s look at experts’ predictions for bitcoin and cryptocurrency for 2021 and beyond. Bitcoin Usage Will Grow “Bitcoin can become a monetary network […]
How Do Bitcoin ATMs Work Exactly? (Part 3)
In this series of articles, we’ve shared what you need to do before heading to a Bitcoin ATM and what to do once there. Now we’ll cover other common questions we hear, helping you better understand how Bitcoin ATMs work, exactly. Can I buy Bitcoin with a credit card at a Bitcoin ATM? No. Bitcoin […]