Reading Time: 1 minute I had the pleasure of speaking with my good friend, and productivity, business and self-improvement consultant Paul Minors about Bitcoin on his regular weekly podcast. Listen to our chat here In our discussion, we cover the following: A brief history of money. What is Bitcoin? What do all these words like “blockchain”, “peer to peer”,…
Reading Time: 8 minutes In the crypto universe, death has become so much different in this day and age. Before, the process was simple: Write your own will (or engage a lawyer to help you out), store your certificates, deeds, and contracts in a safe deposit box, keep safe it in a bank or your home, and you’re all…
Reading Time: 7 minutes As the need to securely store bitcoin and other cryptocurrencies has evolved, the technology available to keep digital assets safe has also developed to meet our growing demands. Hardware wallets are a special type of crypto wallet which stores the user’s private keys in a secure physical device. They often resemble a USB drive or…
Reading Time: 7 minutes When such a comparison is made, one has to wonder what on earth our beloved bitcoin and a Boeing 747 have in common? At first glance, airlines and digital currency might seem as if they are at opposite ends of the spectrum. But let’s take a closer look… The price of bitcoin, and shares of…
Reading Time: 8 minutes In the broadest sense, a cryptocurrency wallet is a digital or physical mechanism that you can use to send, receive and store various cryptocurrencies. When people talk about bitcoin wallets, they are normally referring to a web interface, software, app or piece of hardware that looks after their private keys. Users of these types of…
Reading Time: 10 minutes When somebody says that they own bitcoin, or any other cryptocurrency for that matter, what they really mean is that they control access to the public and private keys which are required to use the currency held at their public address. As we explained in our bitcoin wallet guide, “there are many different approaches to…
Reading Time: 8 minutes Over the past few years, the popularity of bitcoin and cryptocurrency, in general, has grown exponentially. It has become a hot topic at social occasions and often seems as though every man and his dog is rushing to get involved. From an outside perspective, it is easy to view the crypto space as an exuberant…
Reading Time: 6 minutes Digital currencies represent an innovative leap forward in the way that we store and exchange value. Just like the IT revolution of the early 2000s disrupted the way that we create and share information with one another, decentralized cryptocurrencies remove the need for trust in third-party bankers and other financial middlemen. This provides users of…
Reading Time: 5 minutes Initial coin offerings, otherwise known as ICOs are a new and innovative way for ambitious tech projects to raise funding. Ethereum was the first major ICO to be financed through this crowdsourcing approach. “An ICO is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for bitcoin and ether. It’s…
Reading Time: 3 minutes Skip to the bottom to see the current list of popular wallets. What is a Bitcoin wallet? A Bitcoin wallet is a piece of software that helps users to manage their bitcoin private keys. A private key is what allows bitcoins to be sent. It is important that these keys are kept secure because if you…
