• What’s Bitcoin Backed By?

    Published by - Dec 4, 2015
    Ancient currencies, like grain, were backed up by the currency's intrinsic use value. The US dollar, up until the latter half of the 20th century, was backed by gold. Now, it is backed up...
  • Why is Bitcoin Money?

    Published by - Nov 1, 2015
    There's been a discussion recently on Bitcoin forums regarding whether or not it is properly considered Currency, or Money, or what. So, I felt I would contribute, as it were, my two...
  • We all know that some currencies are more volatile than others. Bitcoin is considered a new type of currency and some rules of the Forex market apply on Bitcoin Market too. This volatility...
  • Bitcoin Blockchain

    Published by - Aug 31, 2015
    Each person running Bitcoin, has a copy of this global database/ledger. It is what enables your Bitcoin software to verify that every spend is accounted for, and that no rules are being...
  • The Japanese Court of Tokyo's district ruled that it is not possible to own Bitcoins and no individual can sue to ask for compensation as response to Mt. Gox's collapse. Several days...
  • GPU Bitcoin

    Published by - Jul 10, 2015
    Bitcoins are an internet currency.  Bitcoins are used by people to make purchases as well as profits or as an investment for future purposes. Bitcoins are traded on exchanges and the...
  • Bitcoin Coin

    Published by - Jul 10, 2015
    What’s this, I thought bitcoins were digital now I see Bitcoin COIN all over the place. Well, not exactly all over the place but I do see them around the web a lot. What exactly is a...