Bitcoin Essays

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Millennials and Cryptocurrency: are they Made for each other

You see it play out at holiday parties all around the world. As families get together, the parents and grandparents at the party are always asking the younger guests how to do something with their computer or smartphone. Those who grew up on a computer are clearly going to be more comfortable with digital solutions, […]

Pages: 3 Words: 769 Topics: Bitcoin, Millennials

How to Use Cryptocurrency to Pay your Mortgage

Ten years ago the housing market crash sent shockwaves through the economy. Since then, some major changes have hit the real estate market, from the tightening of lending standards and the near-abandonment of subprime loans to the affordability crisis affecting more and more cities across the nation. The houses may have stayed the same but […]

Pages: 4 Words: 1236 Topics: Bitcoin, Cryptocurrency, Economy, Finance, Money, Tax
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The Age of Cryptocurrency

In the book “The Age of Cryptocurrency”, the authors, Paul and Michael, have tried to rationalize use cases and technical substructure around the blockchain and cryptocurrency. They have tried to incorporate information to be useful for people with no knowledge of cryptos to those involved in trading. The book puts more emphasis on technical aspects […]

Pages: 4 Words: 1091 Topics: Bitcoin, Cryptocurrency, Economy, Money

People in China and the Cryptocurrency Ban

Boasting the world’s second largest economy, China is a central focal point for any cryptocurrency business. Starting earlier this year, that became a whole lot harder when China instituted a ban on all cryptocurrency related activity. By August, that even included popular communication apps where people simply discussed cryptocurrency markets and news. The ban has […]

Pages: 3 Words: 769 Topics: Bitcoin, Cryptocurrency

Financial System and Cryptocurrency

Since the Financial Crisis of 2008, many Americans have held lingering doubts about the stability and creditworthiness of the current financial system. As a response to the economic crisis the first cryptocurrency, Bitcoin, emerged which intended to be a cash-like payment system unaffected by economic downturns. Unlike the traditional monetary institutions who’s negligence caused the […]

Pages: 3 Words: 875 Topics: Bitcoin, Cryptocurrency, Economy

CryptoCurrency Framework

Cryptocurrency is virtual currency where the exchange of it relies on people sharing and buying it. Most cryptocurrencies have a set amount meaning the amount of the currency is not infinite making it similar to precious metals while other places like central banks can make an infinite amount of money these are called fiat currencies. […]

Pages: 6 Words: 1821 Topics: Bitcoin, Cryptocurrency, Finance, Money

Cryptocurrency Can be Used for Good

Cryptocurrency, such as Bitcoin, have been gaining traction over the last few years among people looking for alternative ways to invest and use their money. Cryptocurrency is digital currency created through cryptography, an advanced encryption technique. With the creation of Bitcoin in 2009, this technique went from a concept only discussed amongst academics to reality. […]

Pages: 3 Words: 802 Topics: Bitcoin, Cryptocurrency

About Blockchain

After the 2008 financial crisis, a mysterious paper was released by Satoshi Nakamoto that discussed a new peer to peer financial system using a digital cryptocurrency called Bitcoin. The economy was in a global recession at the time and people were frustrated with centralized banks disrupting and controlling the financial system. The technology invented to […]

Pages: 5 Words: 1538 Topics: Bitcoin, Blockchain

Currency Bitcoins and Blockchains

Bitcoin is a currency, like euros or dollars, used to exchange goods and services. However, unlike these currencies, Bitcoin is an electronic currency, which exists exclusively on the Internet, which gains prestige in cyberspace thanks to its efficiency, security and ease of exchange. Its main difference compared to other currencies is that it is a […]

Pages: 5 Words: 1488 Topics: Bitcoin, Blockchain

Social Implication of Blockchain

For the past several decades humans have been using the same traditional centralized systems. These centralized systems include banks and governments. We use banks to send and receive money from all over the world. We trust banks to send and receive our money, therefore; we rely on these centralized systems as intermediaries that negotiate on […]

Pages: 3 Words: 769 Topics: Bitcoin, Blockchain, Economy, Money, Policy
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