Author: Rich Abbott
How Bitcoin Incentivizes Clean Energy Production
Day 15/21 The number one complaint I hear about bitcoin is that it’s “bad for the environment.” This has caused a lot of FUD (fear,…
Bitcoin Self Custody
Day 14/21 Today is the day you learn about self-custody. This is a challenging process that takes time to learn and is a daunting next-step…
Investing in Bitcoin
Day 13/21 You have spent the last two weeks learning about how bitcoin works and why it works. For this final week, we’ll be discussing…
Bitcoin is Apolitical
Day 12/21 In its core doctrine, bitcoin is about privacy, freedom, and self-sovereignty. Politically, many bitcoiners tend to be libertarian, with ideologies ranging across the…
Does Bitcoin Have “Intrinsic Value”?
Day 11/21 Bitcoin is a novel invention that is hard for most people to wrap their heads around. We can easily understand why gold and…
How Can We Scale Bitcoin?
DAY 10/21 Previously, we talked about the bitcoin vs. bitcoin cash debate, where proponents of bitcoin cash argued that bitcoin isn’t scalable enough. Many people…
BTC – The Great Fork Wars of 2017
Day 9/21 A fork in the road. 2017: Civil War We’re starting today off with a small history lesson. While it seems like eons ago…
Don’t Get Hacked – BTC
Day 8/21 You might have heard the alarming stories of DeFi and cryptocurrency exchange hacks… Need a reminder? Bitcoin exchange Mt. Gox was famously hacked in…
Bitcoin Network Mining Nodes
Day 6/21 There are three types of nodes that make up the bitcoin network: We just went over mining nodes (aka miners), which confirm pending…
What Does BTC Mining Look Like
Yesterday, we went over how Proof of Work functions in confirming transactions and creating new bitcoin. Today, I’ll paint a more general picture of what…
