Over the past few years, cryptocurrencies have gained maximum momentum. Their adoption rate is increasing exponentially with no signs of stopping. As a consequence, the Fintech enterprise is experiencing massive transformation, and its effects ripple across multiple industries.
Let’s just wind the clock back to 2009.
The inception of Bitcoin was just the primum movens, the initial force that triggered massive innovation in a field previously unknown to humankind. The success of cryptocurrencies has been such that today, the total market cap is equating $740 billion, with more than 1400 different crypto-coins and tokens, and tens of thousands, possibly even millions of new jobs created.
At this point, it’s safe to say that cryptocurrencies are not going anywhere.
Continue reading US Cryptocurrency Regulation: Policies, Regimes & More
Right off the bat, this article has no intention of digging deep into the legal nature of cryptocurrencies or deconstructing specific national regulations, but rather it strives to paint a general picture of the regulatory approaches undertaken by governments all over the world, and the problems they’re currently facing.
More importantly, it aims to equip you with sufficient knowledge of the legal intricacies surrounding Distributed Ledger Technology frameworks, so you can get a general sense of the direction which government regulators are taking in regard to cryptocurrencies and distributed ledger technology.
Hopefully, this will allow you to better manage your expectations and predictions about the pace and direction this stochastic industry is about to take in its future development.
Continue reading An Introductory Guide to Cryptocurrency Regulation
Nick Szabo is a living legend in both the cryptocurrency and cryptography worlds. Although he’s not a household name, and if you’re new to the crypto games, you probably would have never heard of him.
However, Nick Szabo has godlike status amongst the sincere crypto enthusiasts.
The man’s extensive range of interest, extending from the origins of money, economic and legal history to cryptography and blockchain technology makes him a natural polymath and a one-of-a-kind man.
Both a computer scientist and a legal scholar, he married his two central interests and, in 1996, gave birth to the concept of “smart contracts.” Many years later, “smart contracts” became the central “feature” of the Ethereum blockchain protocol and gave rise to a whole new way of commerce on the Internet.
Continue reading Nick Szabo: The Mysterious Blockchain Titan
First, Let’s Talk About Privacy
“They who can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety”- Benjamin Franklin
In today’s world of advanced civilizational dependence on technology, one can barely make the case that today’s society, although declaring to respect and cherish individual freedoms, gives any value to one of the essential human needs- privacy.
Individual dignity, integrity, personal autonomy, and independence are one’s essence as a human being, and these values lay the grounds of what humans conceptualize as privacy.
Continue reading The Ultimate Monero Guide
Ethereum is the next big technological step for humankind.
From a comparative standpoint, if Bitcoin is decentralizing currency, Ethereum is decentralizing the Internet.
Ethereum will change everything: the way we exchange value over the Internet, the way we use our computers, it will revolutionize the development of applications, communications, and ultimately our futures.
Continue reading What is Ethereum: The Ultimate Guide
Why Accept Cryptocurrency Donations?
Have you ever thought why a charity or a nonprofit organization would want to use cryptocurrency in the first place?
If you are a member of either one of those, you would already know how hard it is to find new and creative ways to fund your mission.
It is a grueling process.
Various charities have distinctive forms of fundraising depending on their mission, the region they are operating in and other circumstances.
Continue reading The Complete Guide on How to Accept Cryptocurrency Donations for Charities and Individuals
What is Bitcoin mining?
Mining is the process by which new bitcoins are created and simultaneously, the way the bitcoin system is secured. Through mining, bitcoin transactions are validated and cleared.
Mining is a sort of decentralized clearinghouse because it secures the bitcoin system and enables a network-wide consensus to be achieved without a central authority or a trusted third party. It is the invention that makes cryptocurrencies revolutionary.
Well, technically, Bitcoin is an emanation of an ingenious solution to the double-spending problem and the Byzantine Generals’ Problem.
Continue reading Bitcoin Mining: The Ultimate Guide to Start Mining Bitcoins
As the price of Bitcoin skyrockets from $750 at the beginning of 2017 to more than $16.000, it seems like Bitcoin is attracting everyone’s attention.
While you’re reading this, you may have already invested in Bitcoin and currently, a ‘hodler’.
Or, you may be waiting for a possible drop in the near future.
In fact, you might have had second thoughts on not investing when you hear phrases like Bitcoin bubble burst, Bitcoin price drop etc.
The media frenzy has gone viral as cryptocurrencies are featured in every major news network in the world. As the CME Group, one of the largest exchange groups in the world, announced it will roll out a Bitcoin futures contract in the fourth quarter, it has been a wild few weeks for Bitcoin traders.
What all of this means for Bitcoin is not the subject of this article.
But rather, what Bitcoin means for the huge wide world!
It seems like everyone is talking about the good side of the coin, but is the community even aware of the bad side at all?
Continue reading Bitcoin: Environmental Impact And Solutions
Why invest in Bitcoin?
We are at the forefront of another “dot-com” boom. The entire cryptocurrency market is breaking all-time highs across the board. Bitcoin is now one of the 30 or so largest currencies in the world, and all across the world, people are looking to invest in bitcoin.
According to the 2017 study done by the Cambridge Centre for Alternative Finance, the Global cryptocurrency benchmark study, the current number of unique active users of cryptocurrency wallets is estimated to be between 2.9 million and 5.8 million and between 5.8 million and 11.5 million wallets are estimated to be currently ‘active’.
Are we in a bubble? Definitely.
But that statement doesn’t say anything, does it? For example, at what stage of the bubble are we at the moment? Well, let’s look at the numbers.
Continue reading How to Invest in Bitcoin: A Guide for Beginners (2018)
As Mariah Carey comes out from wherever she’s hiding for the rest of the year to take over every radio station for a whole month, it’s time for you to start preparing for the holidays!
We are only weeks away from Christmas, and whether you’re celebrating the birth of Jesus Christ or just there for the annual family roast (not the food kind), one thing is for sure; Christmas is the time for family and friends to come together and spend some quality time over food, drinks and gifts!
It truly is a magical season, especially for crypto enthusiasts, since the holidays can be the perfect occasion for them to share their passion and introduce a big part of their lives to their loved ones. If you are one such enthusiast, here’s how to kill two birds with one stone…
Continue reading Santa Does Crypto: How to Give the Gift of Bitcoin this Christmas