• What is Bitcoin?

    What is Bitcoin?

    The question of what is Bitcoin seems at first to be an obvious one: “Bitcoin is a decentralized peer-to-peer digital currency created by Satoshi Nakamoto”. But within this simple answer, lying hidden behind the all-encompassing word “currency”, is a…
  • What’s Bitcoin Backed By?

    What’s Bitcoin Backed By?

    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 by a government willing to…
  • Why is Bitcoin Money?

    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...
  • Technology Shift

    Technology Shift

    Published by - Oct 2, 2015
    There are several types of technology changes: innovative technology, subversive technology and disruptive technology. Any technology shift is a varying mix of these three...
  • Why is there so much volatility?
    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...
  • Barclays Testing Bitcoin Payment System
    Barclays is one of the the UK's largest banks and is working with a Bitcoin Exchange platform to test the use of Bitcoins as an alternative payment system. This is part of a long string...
  • Bitcoin Blockchain

    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...
  • Bitcoin – Beyond the Internet
    Can Bitcoin work without the Internet? Even though saying that Bitcoin does not require the internet to survive sounds ludicrous, it is not as unreasonable as it sounds at first...
  • Gold & Bitcoin

    Gold & Bitcoin

    Published by - Aug 15, 2015
    Since many of the same arguments involving Bitcoin have applied to gold as well, such as debate over whether either of them are commodities or currencies, let’s just classify them by...