Tag Archives: btc

Bitcoin, the slow killer of constitutions and treaties.

Natives got treaties, colonists got a constitution. Terms confuse concepts once again. An organization having physical dominance over a region formed an agreement with the people living in that region. This is done to maintain authority – powers that be … Continue reading

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Bitcoin has no competitors

Just get this out of the way first. Alt currencies are not “in competition” with Bitcoin. The communities mining and holding those currencies may be in competition with the miners and holders of BTC, but Bitcoin and Litecoin themselves are … Continue reading

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Bitcoin is the end of ‘Old Money’ and Nepotism.

Imagine the super rich bitcoiner in a world that’s all about bitcoin. Some guy with the equivalent of billions of dollars in spending power. The security of his bitcoin fortune ultimately comes down to safely keeping some files and passwords. … Continue reading

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Does CNBC really know Bitcoin? Here are 11 myths.

http://www.cnbc.com/id/101298888 OK, I’ll bite this list in the mainstream looks to be worth my time. Some of its good, some of its total crap. These are CNBC’s top 11 Bitcoin myths. Absent from the list, but in my mind also … Continue reading

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Bitcoin To Crash Out of Existence

Graphs and images don’t lie, and this one scares the crap out of me. And then look at this BTC graph and OMG! Oh wait, sorry, that’s a pic of last spring. hmm, sorry wrong pic again. That’s the summer … Continue reading

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What is Bitcoin?

Its a peer-to-peer online currency, you’ve seen the video. But what is it you actually get, how do you store it locally on your computer? I had trouble conceptualizing Bitcoin until I came to this conclusion. Now its what I … Continue reading

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More Bitcoin confusion, oh my.

If Bitcoin didn’t matter, couldn’t they just ignore it and wait for it to disappear? Why the widespread critical media attention? They are spending a lot of time and money trying to kill it, because it IS a threat. Currency … Continue reading

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