In 1918-1920, the world experienced the Great Influenza Pandemic, which, in the U.S. alone, took 675,000 lives and sidelined the economy. Yet what followed those dark years was a time of great prosperity in the U.S.: the Roaring Twenties, made famous by F. Scott Fitzgerald’s novels and romanticized today through movies, Art Deco ardor, and […]
How To Buy Bitcoin: 4 Ways You Can Buy Bitcoin Today
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 […]
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? […]
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 […]
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 […]
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 […]
Celebrities Who Love Cryptocurrency
Valentine’s Day approaches and love of all kinds is in the air, so we’re doing a mini roundup on celebrities who love–or loved–cryptocurrency. While we’re at it, we’ll update you on their romantic loves as well. Read on to discover who’s crushing on cryptocurrency and who simply got crushed…. Ashton Kutcher Cryptocurrency relationship status: A […]
From Gold to the Gold Standard and Beyond, Part 3: Fiat and the Rise of Cryptocurrency
In our gold standard series, we have covered how gold went from shiny rock to currency to international monetary standard and then to partial international standard. In this installment, we’ll explain its dramatic demise…. A Return to Gold … Sorta We last left gold in 1934 with the United States returning to the gold standard […]
From Gold to the Gold Standard, Part 2: The Ups and Downs of the Gold Standard
In our last installment in this series, we discussed how gold became the basis of an entire international money system. This brought us to 1900, when the U.S. officially joined the gold standard, smack-dab in the middle of what’s now known as the classical gold standard, a period of extreme economic growth between 1880 and […]