In a recent article, we discussed how crypto-anarchy came to be and crypto-anarchists’ role in championing electronic money. Here, we’ll delve into how electronic money evolved into Bitcoin. Electronic Money and Cryptocurrency are NOT the same First, a clarification: “Electronic money,” also called web-based money, was early crypto-anarchists’ go-to term, but these days it refers […]
The Beginnings of Crypto-Anarchy and How That Led to Bitcoin
Part 1 of a 2-part series If we’re going to get into the nitty-gritty start of crypto-anarchy and cryptocurrency–and we are–let’s begin at the absolute beginning: with the word “anarchy” and its origins. “Anarchy” was first used in the early 16th century and meant, according to Merriam-Webster: the “‘absence of government,’ albeit with the implication […]
Crypto-centric Career Choices
With a sluggish economy and social distancing the norm, job hunting isn’t easy these days. But all soft economies have an upside for some industries. Makers of disinfectant have their hands full keeping the world stocked in coronavirus-killing products. Zoom, the popular video conferencing tool, saw its stock rise 120% as companies adopted remote-work policies. […]
Politicians Who Are Fans of Cryptocurrency and Blockchain
The United States’ November election is on the horizon, and the pandemic, the economy and race issues are front and center these days. And while cryptocurrency isn’t a top issue in this election cycle, we bet many of you would love to know more about where politicians stand on the subject. So we’ve collected pro-Bitcoin/cryptocurrency/blockchain […]
Making Money Crypto Mining (Versus Gold Mining in the 1800s)
On May 12, 1848, general store owner Sam Brannan walked through San Francisco, a vial of gold dust in hand, yelling: “Gold! Gold! Gold from the American River!” And so began the California Gold Rush. Crypto mining may not have a Sam Brannan spreading the news, but then again, it doesn’t need one. It has […]
Tools You Need to Crypto Mine and Surprising Parallels to the California Gold Rush
Our previous article “What Mining for Gold in the 1800s Can Teach You About Mining for Cryptocurrency Today” discussed setting up a mining operation. Here, we’ll discuss tools you need at first and later once other miners flock to your mining space. Getting started with the appropriate tools. Once a 19th-century gold prospector decided where […]
What Mining for Gold in the 1800s Can Teach You About Mining for Cryptocurrency Today
On the surface, mining for gold and mining for cryptocurrency have little in common. One involves hard labor to unearth raw gold from a rugged landscape. The other relies on a computer (most likely indoors and in an air-conditioned room) to verify cryptocurrency transactions and, in turn, receive an award in crypto tokens, the only […]
What You Can Buy With Bitcoin
Cryptocurrency may be the new money system on the block, but it already has some cool-kid connections in the businesses below that accept it. Some operations accept cryptocurrency themselves; others use a third-party service, like Bitpay, so they don’t have to deal with exchange rates. Either way, cryptocurrency can buy you a vast array of […]