Let’s get back to basics and discuss crypto in the simplest terms. So what is cryptocurrency? It’s currency in the form of a digital file. If you’re wondering how a digital file can be worth anything, check out our article on strange currencies. The short of it: Anything can have value if we assign it […]
Crypto And Privacy
By Guest Contributor Alec Harris Gold, guns, diamonds, bonds, cash, and Bitcoin. If you have bearer assets, assets where custody equals ownership, then you should also be very interested in personal privacy. Admittedly, I’m kind of a one note band, so I think everyone should be interested in personal privacy. In the case of bearer […]
The 1918 Pandemic, the Current Pandemic, the Economy, and Cryptocurrency
As we see the light at the end of the COVID-19 pandemic tunnel, many of us are pondering a post-pandemic world. We have much to look forward to, such as socializing and traveling especially. But there’s also a ton of unknown territory. Among those unknowns: How will the economy fare once the worst is behind […]
A Simple Guide to Currency Stability in Fiat & What That Means for Crypto
A new currency is typically a volatile currency. After all, how can it be considered stable if it has no record? Crypto is still a currency newcomer, and so, still volatile. Yet, our safest fiat currencies were once new and had to work their way to stability. How might cryptocurrency–and Bitcoin especially–do the same? We’ve […]
Can You Flip Bitcoin?
Bitcoin’s impressive run has piqued nearly everyone’s interest–even the not-so-crypto-inclined. It went from $7,150 per bitcoin in January 2020 to an all-time high (at the time) of $23,000 by the end of the year. Bitcoin then started 2021 at just under $40,000 and recently topped $60,000. That’s roughly an 800% increase. This spike has even […]
Let’s Talk About Wallets
Before we dive into the nitty gritty of crypto wallet options, let’s first define what exactly is a crypto wallet. Simply put, crypto wallets are tools that enable users to interact with blockchain networks. Similar to that traditional leather wallet you have in your back pocket (or purse), crypto wallets allow for the safe storage […]
What Does “Hodl” Mean? – The History of Hodlers
If you’ve researched cryptocurrency, you’ve encountered the word “hodler.” Initially, you may have even laughed at the dummy who misspelled “holder” before realizing the unusual spelling was intentional. So how did “hodler” become a common cryptocurrency term? Read on to find out. What does “hodl” mean? To hodl is to hold onto cryptocurrency, especially if […]
A Super-Quick Guide to Getting Paid in Bitcoin
Carolina Panthers offensive tackle Russell Okung made news in December when he announced that half his $13 million NFL salary will be paid in Bitcoin moving forward. On Twitter, he discussed his reasons for making this move: “I’m freeing myself from fiat. You can too.” In another tweet, he stated: “You can make ‘x’ a […]