Tag Archive | "digital currency"

5 Advantages of Bitcoin

Bitcoin has been quite a hot news item over the past few months and it managed to gain hundreds percent in value in just a couple of months. But what is it that makes bitcoin and cryptocurrency in general so special and why do people believe cryptocurrency could be the next big thing? Low risk […]

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Money as debt

“When banks extend loans to their customers, they CREATE money by crediting their customers’ accounts.” – Sir Mervyn King In this animated documentary artist Paul Grignon creates an interesting point of view when it comes to mortgages, debts and our money system. How can we loan so much money that does not even exist? And, how is […]

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Bitcoin’s Weak Link: The Exchange

The fall of Mt. Gox has certainly been the biggest news in the world of cryptocurrency for the past few months. Although the mainstream media often portrays the downfall of an exchange as something that the bitcoin is to blame for, the true blame should be put at the exchanges as they certainly are the […]

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Introduction to Bitcoins

Bitcoins are completely digital currencies that are not regulated by financial institutions. As such, they can be used globally and converted into Euros, British Pounds, US Dollars, or any other world currency. Users access bitcoins through a digital wallet. Initially, a user will need to accept bitcoins as a payment for services or purchase bitcoins […]

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