Bitcoin

  • The number one reason to choose Bitcoin over the US dollar
  • If you ever want to make a geek tear out their hair, tell them Bitcoin is a fiat currency. This is one of the biggest and most annoying misconceptions about Bitcoin. And it's not just lay people who are making this mistake. Everyone who likes to think they know a thing or two about Bitcoin seems to think Bitcoin is ‘not real money'. Which is not only WRONG, but is just plain bizarre. W... ››› more
  • [04 December 2013]
  • Bitcoin: Should you try make money from this hot new currency?
  • “What is Bitcoin?” one of my readers asked the other day. Before I answer that question, let me hit you with another question: Do you like gambling? Because if you do, Bitcoin is right up your alley. Basically, Bitcoin is a virtual currency that can buy a range of things from pizzas to houses… It sounds great at first. You can buy things anywhere in the world, with lower tran... ››› more
  • [29 November 2013]
  • How the Bitcoin Revolution will change the very nature of finance
  • Imagine a world in which your money was safe from the meddling of politicians, and free from the threats of inflation or deflation… A world in which the exact opposite of the US government's reckless, irresponsible money printing was the norm. The way governments have been running the financial system is haphazard. And it will result in the eventual collapse of the world economy. And,... ››› more
  • [21 November 2013]
  • Don't listen to virtual currency fears or you'll miss out on forex profits
  • Currencies rise and fall each day, which affect your investments. On Friday, for example, a single Bitcoin traded at around $135 - that's impressive, as Bitcoins only exist online. This virtual currency move shows why currencies display longer and steadier trends than other financial markets and why forex is the smart way to invest in currencies… Bitcoins were launched in the wake of the g... ››› more
  • [08 April 2013]
  • Why I'm scared of ‘Ghost' currencies!
  • In the 16th-8th century BC, people used sea shells as a currency. Even stranger, a craze for tulips in the 16th century, lead to tulips becoming a currency… Both these situations saw an essentially worthless item being ‘assigned' value by society. For some time this value held, but eventually people realised the value they thought was in the item wasn't, they realised they were holding a ... ››› more
  • [08 April 2013]
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