It’s an easy way to grasp how much more it will grow, but if all you see is a dollar value then you’re missing the point.
Bitcoin is a cryptocurrency and payment system. Coindesk has written up a fairly concise article to quickly answer ‘What is bitcoin?’ and if you want more, dive into the wikipedia entry. A good place to find bitcoin enthusiasts discussing the latest news would be r/bitcoin or r/btc. I’ve been interested in the technology for about
In Kagbeni, Nepal, a village of fewer than 1,000 people nestled high in the Himalayas, rupees change hands inside shops and barley is traded for buckwheat in the streets, but there is no modern way to store wealth. The nearest bank is a three-hour hike away; while most villagers have a drawer or plastic bag
Bitcoin, the world’s most popular digital currency, is back in the headlines this week after its price doubled in less than a month. After spending most of 2015 hovering around $250, the price skyrocketed up to $500 this week before stabilizing around $375. Since its meteoric rise and fall in 2013, the pseudonymous currency has
Bitcoin exists on the periphery; most people either don’t understand it or don’t care to. Yet, there also exists a growing group of people who champion this new technology and say it will change the world. At The Next Web conference, philosopher Stefan Molyneux told a packed theatre: “[Bitcoin], has the power to limit the
Bill passed last July gives Central Bank authority to create digital dollars, but opinions divided along party lines amid concerns of a presidential power grab
This story was first published by Motherboard.Vice — I’d been interested in Bitcoin since I first heard of it in early 2013. I even bought a few then, but I never had much chance to use it or interact with the community until I started selling it to people I met online. Setting up
A decade ago I self-published a collection of letters from travels in South America and I talked about money a lot. The irony is, I hated consumerism and capitalism and all those things we associate with the dollar sign—but it’s a simple language we all understand. Telling someone how different prices were from where I