• What is Bitcoin?

    Published by - Jan 15, 2016
    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,...
  • 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...
  • 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...