As with most innovative new technologies, there are many misconceptions and flat out inaccuracies surrounding the digital cryptocurrency bitcoin. Many don’t really know what it is, let alone how it works or if it’s legal. Information about bitcoin is all over the internet and news media, but much of it is opinion or is just […]
Opening the Gates of the Digital Economy
While barriers are growing for the unbanked and underbanked in day-to-day life, they’re shrinking in the world of cryptocurrency. In this article, Coinsource CEO Sheffield Clark gives an overview of the digital economy. We need to admit it: Blockchain and cryptocurrency have a learning curve. Even a cursory explanation of the technology and its underpinnings […]
Fidelity Investments Bullish on Bitcoin for 2019
In the nine years since Bitcoin was first created by the mysterious “Satoshi Nakamoto” there have been many enthusiastic supporters and skeptical detractors weighing in on the digital currency. When the attitude towards digital currency in the traditional world of finance trends positive, people who previously had a “wait and see” position begin embracing it. […]
20 Famous (and Infamous) Quotes About Bitcoin
“Bitcoin is a technological tour de force.” — Bill Gates, Founder of Microsoft “I do think bitcoin is the first [encrypted money] that has the potential to do something like change the world.” — Peter Thiel, co-founder of PayPal “Bitcoin is going to change the world from a money transactional standpoint, not just for Africa, […]
Take Me for a Trip Upon Your Magic Swirling Ship
Bob Dylan had no idea that his lyrics in “Mr. Tambourine Man” would someday become a real possibility, but Sir Richard Branson is making space flight dreams a reality. Virgin Galactic will be in space for test flights “in weeks, not months” Branson said on October 9, 2018. He continued, “And then we will be […]
Bentley, Bugatti, Rolls Royce and Bitcoin
Tilman Fertitta may be the richest “hospitality mogul” you’ve never heard of. Fertitta Entertainment, solely owned by Chairman and CEO Tilman Fertitta of Houston, owns the restaurant giant Landry’s Inc., the Golden Nugget Casinos and Hotels, and the NBA Houston Rockets. Landry’s has over 600 properties in 36 states and consists of more than 50 […]
Who Are the Bitcoin Millionaires?
Anyone watching the bitcoin market is aware of the ups and downs of this digital currency. But who are the Bitcoin millionaires created by them? The world’s first bitcoin transaction was in January 2009. The programmer Hal Finney downloaded the Bitcoin software and received 10 Bitcoins from Satoshi Nakamoto, pseudonym of the creator of the […]
4 Most Common Bitcoin Scams To Look Out For
Where there is money, there will always be scammers who try to steal it. And digital money is easier to steal and get away with since the criminal can remain anonymous. Before you buy, sell, exchange, send, or even talk about Bitcoin or other cryptocurrencies with a stranger, be aware of these four commonly observed […]
Private Keys, Public Keys, Addresses and Wallets
A user’s initial transaction with bitcoin or other altcoins generates a pair of unique identifiers called a “private key” and a “public key”. The private key is a cryptographically encoded unique string of numbers and characters that only the owner knows. The public key is a cryptographic code that is used to prove that transactions […]