Category: 21 days
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…
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…
Bitcoin – Proof of Work
Day 5/21 You might have heard this term thrown around in the bitcoin space: PoW. PoW reminds me of this old superhero comic: And it’s a good…
Fiat vs Bitcoin
Day 4/21 Imagine central banking as this guy: The Monopoly Man represents the central bank. On the first few passes around the Monopoly board, you…
What is Money Anyway?
Day 3/21 Formally defined, money is something that is widely accepted for purchasing goods and services, or repaying debts and taxes. You might think that…
Who is in charge of Bitcoin?
Day 2/21 So, who is in charge of Bitcoin? This is one of the first questions bitcoin newbies often ask. Naturally, this question pops up…
21 Days of Bitcoin
Day 1/21 I am very much into Bitcoin and therefore I thought it would be good to share with you the 21 days of Bitcoin…
