This Is Why These Billionaires, Investors, CEOs, And Financial Institutions Like Bitcoin

The aim of this post is to help you understand why it makes sense to buy Bitcoin or a fraction of it, Stack Sats, and Hodl just like what the rich are doing. However, instead of me explaining why you should get on the right side of history, I’ll share with you why renowned investors,Continue reading “This Is Why These Billionaires, Investors, CEOs, And Financial Institutions Like Bitcoin”

A Cypherpunk’s Manifesto

by Eric Hughes Privacy is necessary for an open society in the electronic age. Privacy is not secrecy. A private matter is something one doesn’t want the whole world to know, but a secret matter is something one doesn’t want anybody to know. Privacy is the power to selectively reveal oneself to the world. If twoContinue reading “A Cypherpunk’s Manifesto”

How is Bitcoin Created? (A High-level Overview)

Bitcoins, as you may already know, are not made by central banks. And as you may have already heard, they are ”mined” by Bitcoin ”miners.” Bitcoin miners are people who use powerful computer equipment to verify bitcoin transactions. Each time they successfully verify 1MB (megabyte) worth of transactions, also known as a ”block,” they becomeContinue reading “How is Bitcoin Created? (A High-level Overview)”

What is Bitcoin?

Bitcoin is a cryptocurrency, a cryptoasset, and a store of value. It was invented by a person or a group of people who goes by the pseudonym Satoshi Nakamoto. The first Bitcoin was released on January 2009. Bitcoin is revolutionary because it is decentralized — that means that there are no banks or third partiesContinue reading “What is Bitcoin?”