Five Ways for the Ultra-Paranoid to Store Their Bitcoin
Do you sleep easy at night, knowing how many thieves would love to steal your bitcoin? At this very moment, hackers are probing your cryptocurrency exchange for weaknesses. They’re gathering information about you – where you live, your pet’s name, your favorite football team – with a view to social engineering. They’re crafting malware laden […]
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The operation had been underway for weeks. Had all gone to plan, Coinbase and Gdax customers would have awoken on Wednesday morning to discover that bitcoin cash trading had finally been added. Traders would relish the liquidity this new market would bring, the exchanges would scoop up more fees, and bitcoin core maximalists would soon […]
In 2014, Newsweek doxxed Dorian Nakamoto, an unassuming senior, as the creator of bitcoin. The bumbling Dorian, who claimed never to have heard of the digital currency, was besieged by journalists for days, prompting him to plot a harassment lawsuit. As introductions to bitcoin go, Dorian’s was hellish. And yet, three years on from the […]
In 2013, one bitcoin cost $20. In 2017, it costs $20 to send one bitcoin. With record highs, thriving adoption, and media attention, this should be a celebratory time for bitcoin believers. And yet it’s hard to shake the feeling that something isn’t quite right. How did we reach a point where the world’s bank […]
Owning a smartphone, like owning bitcoin, is obligatory these days. All the cool kids are doing it, along with all the uncool kids who were hodling hard back when bitcoin was ripe for mockery. Not any more. Whether you’re a bitcoin veteran or are new enough to believe HODL means Hold On for Dear Life, […]
To proponents, the words “bitcoin mining” are synonymous with security, value, and financial freedom. To exponents, those same words evoke images of burning tyres, oil slicks, and crying kittens. To say that bitcoin mining evokes strong feelings is like saying Charles Manson was “a bit naughty”. While the amount of energy bitcoin mining uses is […]
“The horse is here to stay but the automobile is only a novelty – a fad.” So scolded a bank president in 1903, warning Henry Ford’s lawyer not to invest in the motor company. 80 years later, inventor Marty Cooper predicted: “Cellular phones will absolutely not replace local wire systems.” And, 30 years after that, […]
As British Prime Minister Benjamin Disraeli once averred, there are three kinds of lies: lies, damned lies, and statistics. Bitcoin is frequently on the receiving end of them all, whether it’s exaggerated statistics about energy consumption or damned lies conflating it with terrorism. We’ve rounded up 10 of the most pervasive mistruths and endeavored to […]
It’s a question which surfaces daily on Telegram, Twitter, and Reddit: “Which exchange should I join?” The cheapest and most reliable means of purchasing cryptocurrency is generally through an exchange which will take your fiat currency and swap it for crypto. But with dozens of exchanges to choose from, each offering different features and currencies, […]
The public’s appetite for forked coins seems to be diminishing. Data shows that around 6.6 million BCH has been claimed to date, compared to just 2.2 million BTG. There’s still time for more bitcoin gold to be claimed, but thus far most holders have been deterred from doing so. Reasons include BTG’s low value compared […]
