Long term Bitcoin price estimate
There is an interesting way to speculate on the potential value of bitcoin is comparing it to other global asset classes. In terms of “store of value” purposes, global precious metals are valued at $800 billion for silver, and $7 trillion for gold. When Bitcoin establishes itself as a “money” which is accepted by many vendors, then […]
Countries where you can survive using Bitcoin
Is it possible to live using only bitcoin instead of fiat money? Here is a map of countries where you can survive on bitcoin in 2017. The good thing about Bitcoin cards is that they allow you to live without owning a single cent of fiat money. Yes, when you purchase something, your coins are […]
Is bitcoin more than a cryptocurrency?
Where can I go to learn EVERYTHING about bitcoin? I want to learn more about bitcoins full potential and not just the money aspect of it. Andreas Antonopolous wrote a book called “Mastering Bitcoin”. It’s a great read for anyone who wants to know pretty much everything about Bitcoin and bitcoin. The Bitcoin Knowledge Podcast has […]
The ‘bit’ Unit of Bitcoin Explained
Bitcoin can be divided into smaller amounts as follows: 1 BTC = 100,000,000 satoshis 1 BTC = 1,000,000 bits 1 bit = 100 satoshis And in the future… 1 bit = 1$, right? Bits fit into all existing financial software with two decimal points of precision such as EVERY other form of money. Easy to […]
