If you’ve ever tried to explain cryptocurrency to your relatives, you might have found it can be as difficult as trying to teach rocket science to a toddler. Most folks react with skepticism, ridicule or scorn when you try to explain the utility of decentralized…
Bitcoin’s appetite for energy needs little discussion. For years it’s been a top-of-mind topic for regulators, a major concern among critics, and a frequently misreported feature of the protocol. The specific point of contention lies with bitcoin mining — a resource-intensive, cryptography-based competition that repeats…
Over the last decade, countless critics have pointed the finger at Bitcoin as being nothing more than an intelligently-orchestrated Ponzi scheme. Detractors like Brazilian computer scientist Jorge Stolfi argue that the leading decentralized cryptocurrency bears all the hallmarks of a scam named after Italian swindler…
There’s a common misconception among prospective bitcoin buyers that only those with deep pockets can afford to access the market. However, this is simply not the case. Using exchanges like Kraken, people can buy as little as $10 worth of bitcoin (BTC). This is possible…
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