So you’ve decided to buy some cryptocurrency. And if you haven’t decided yet, check out our article on whether it’s a good time to buy Bitcoin. The next step, obviously, is to purchase it. We examine the most popular options to buy Bitcoin (or other cryptos) below. Bitcoin ATMs Bitcoin ATMs function like the currency […]
Yield Farming: How To Make Money with Bitcoin (And Other Cryptos!)
If you’ve been in the crypto-sphere recently, you’ve likely heard the term “yield farming.” While it sounds complex and agricultural, it is, in fact, relatively straightforward, has nothing to do with growing crops, and is one of the most valuable abilities of decentralized finance discovered so far. Yield farming is a relatively new technique used […]
Is Now a Good Time to Buy Bitcoin?
Bitcoin is famously volatile, so how do you know if now is a good time to buy it? We take a practical approach and review three investing guidelines, and then apply them to Bitcoin for an answer. 1. In General, Invest for the Long-Term All investments tend to be volatile in the short-term, not just […]
Bitcoin vs Gold: Which Costs More to Store?
In a previous article, we compared how much Bitcoin and gold are worth. Today, we’ll take Bitcoin vs gold and compare the costs of storing each asset. How Assets Can Incur Expenses When investing, people commonly focus on how much a sum might increase or decrease in value over time. What often gets lost in […]
Bitcoin vs Gold: Which Is Worth More?
Did you land on this article because you searched for “bitcoin vs gold”? You’re not alone. Lucky for you, you’ve come to the right place. We love discussing Bitcoin and gold and have a series on the gold standard and gold mining versus crypto mining to prove it! Today, we’ll examine Bitcoin vs gold’s value […]
Can Bitcoin Be Outlawed?
With the growing acceptance of Bitcoin, many investors may be asking: “Can Bitcoin be outlawed?” While that seems like a scary future possibility, it’s safe to say that there are many complications that would prevent that from happening. Put simply and briefly: Bitcoin could be outlawed, but it’s unlikely. Want the whole story on why? […]
Bitcoin VS Ethereum: What’s the Difference?
Bitcoin and Ethereum are the two most popular cryptocurrencies available today. We’re starting to hear both of them appear in the news more and more every day. And there’s a clear reason why: Bitcoin has a market cap of over $1 Trillion, and Ethereum has a market cap of $230 Billion. But what are the […]
How Credit Cards Gained Acceptance and What That Means for Bitcoin
Credit cards may be common now, but they were once as new on the scene as Bitcoin. Let’s take a look at the credit card’s journey to mainstream acceptance to see what lessons we can apply to cryptocurrency. The First National Credit Card The credit card has many predecessors, such as Western Union’s metal plates […]
Crypto And Privacy
By Guest Contributor Alec Harris Gold, guns, diamonds, bonds, cash, and Bitcoin. If you have bearer assets, assets where custody equals ownership, then you should also be very interested in personal privacy. Admittedly, I’m kind of a one note band, so I think everyone should be interested in personal privacy. In the case of bearer […]
The 1918 Pandemic, the Current Pandemic, the Economy, and Cryptocurrency
As we see the light at the end of the COVID-19 pandemic tunnel, many of us are pondering a post-pandemic world. We have much to look forward to, such as socializing and traveling especially. But there’s also a ton of unknown territory. Among those unknowns: How will the economy fare once the worst is behind […]
Can You Flip Bitcoin?
Bitcoin’s impressive run has piqued nearly everyone’s interest–even the not-so-crypto-inclined. It went from $7,150 per bitcoin in January 2020 to an all-time high (at the time) of $23,000 by the end of the year. Bitcoin then started 2021 at just under $40,000 and recently topped $60,000. That’s roughly an 800% increase. This spike has even […]
Let’s Talk About Wallets
Before we dive into the nitty gritty of crypto wallet options, let’s first define what exactly is a crypto wallet. Simply put, crypto wallets are tools that enable users to interact with blockchain networks. Similar to that traditional leather wallet you have in your back pocket (or purse), crypto wallets allow for the safe storage […]
A Super-Quick Guide to Getting Paid in Bitcoin
Carolina Panthers offensive tackle Russell Okung made news in December when he announced that half his $13 million NFL salary will be paid in Bitcoin moving forward. On Twitter, he discussed his reasons for making this move: “I’m freeing myself from fiat. You can too.” In another tweet, he stated: “You can make ‘x’ a […]
The Modern-Day Worth of Unusual Currencies
If anyone asks you how Bitcoin can have value, send them to this article. Here, we’ll cover silver dollars worth millions and banknotes worth fractions of cents. In fact, anything can be worth a little or a lot, depending on need, supply, and circumstances. Let’s dive in to learn more. Here is our list of […]