Note: This article was originally published in Bitcoin Magazine in August 2020. I’ve spent a huge part of the last three years explaining Bitcoin to general audiences and the most common form of resistance I encounter is: “Bitcoin is too complicated. The masses will never understand it.” It’s a fair argument. Bitcoin is complicated and …
My Bitcoin and cryptocurrencies publications
Bitcoin is designed so that any user can safely secure their funds, without the need for a bank, exchange, or third party. In the previous article we discussed why keeping your Bitcoin on an exchange is a bad idea. In this article we’ll look at how you can fix that by setting up your own digital wallet.
One of Bitcoin’s biggest advantages over traditional finance is that you can safely store your Bitcoin in a digital Wallet, without the need for a bank. However, many new users choose to store their Bitcoin on exchanges, without being aware of the risks. In this article, we’ll unpack what those risks are. And in the next article, we’ll look at how you can keep your Bitcoin safe by setting up your own digital Wallet.
On the 18th of June, Facebook announced the launch of Libra, a new digital currency. Not even two weeks went by before the U.S. Congress called for Facebook to halt all further development of Libra and summoned the company to a hearing. Since then, there have been discussions, press releases, and talk of a new bill that prevents tech companies from launching their own digital currencies.