Bitcoin is backed by energy
Many people ask “what backs bitcoin?” and it confused me. Some people still think our fiat currency is still backed by gold or silver. Rather it is backed by trust in government. In any case, the main argument here is that although there are a limited number of bitcoins, there can be an infinite number of identical […]
Old disk found with plenty of bitcoins!
This was a lucky day for a reddit user ukpfchuckafar. He found his old harddisk with a bitcoin wallet.dat file. When he started to synchronize the blockchain he found out that now he has plenty of bitcoins! He was mining bitcoin on his home computer in 2009 when it was possible to mine BTC using just […]
One bitcoin is worth over $700 – how do I get bitcoins?
The bitcoin became financially unattainable for many people. How are they supposed to even get on board with bitcoin when they can’t even afford 1 bitcoin? Are there any other online currencies worth investing in before they inflate? They would mine for bitcoin, but they don’t have a fast enough internet speed, and a strong enough computer. Best […]
How Bitcoin can get to $10000
How Bitcoin can get to $10000 and what will happen when it does.