First of all – let me make it clear – Bitcoin is good money. What I mean by that is that it can be used for purchases, it is a store of value that can’t be diluted by the creation of more bitcoin, and it can be used over both time and space- meaning that…
Tag: litecoin
John McAfee’s Bitfi Wallet – The “Unhackable” “Hardware” Wallet – An Honest Review
For the past year, I have wanted to buy a cryptocurrency hardware wallet . I haven’t bought a Ledger or a Tresor wallet yet because when I looked into buying one or either of them, I found a lot of stories about how they were arriving to purchasers already compromised. There was a lot of FUD…
July 2018. Bitcoin Surges to $7400 and Brings All of Cryptocurrency With It.
It was a good day to be in cryptocurrency today. Bitcoin took off this morning, for reasons that are not altogehter clear and it brought it’s hundred closest friends and nearly every other coin or token with it. My personal opinion is that the disgusting and shameful performance of the U.S. President in Europe with…
Lack of Confidence in Government? Invest in Cryptocurrency.
If you, like me and a lot of other people – look at the current state of affairs and see complete chaos on the horizon – there are really only a few ways to protect your hard earned money. 1) Buy gold, silver, or other precious metals or gems. Gold will never become worthless –…
Bitcoin, Ethereum, Litecoin and Altcoins – What Are They? How can you buy and sell them?
I’ve made it no secret – I think the banking and financial systems of every country on the planet are corrupt and need to be replaced. The problem, of course, is that whatever you replace them with has the potential to also be corrupt as long as you are relying on trust. This is why…
Fictional Markets and Snakeoil Salesmen
Imagine this scenario – I have a substandard product and I want to sell a lot of it at an inflated price. The problem is that no one will buy my useless thing because no one actually needs it. So I go to my bank and I say – I’m not going to be able…