Bitcoin Foqus
Focus On The Signal
One of the concepts that trips people up (even professionally educated economists) when trying to understand the value of bitcoin is looking what you can buy with it. If you can't buy something with it, then it's not worth anything at all! So let's …
Bitcoin and cryptocurrency are often lumped into one category, and the words are even used interchangeably by normies. In my opinion, when you look at bitcoin vs crypto, bitcoin and crypto are two different things. I didn't always believe this! Not …
Bitcoin's price action is volatile – very volatile. It's not uncommon to have violent price swings to the upside and downside over short periods of time. When the price drops precipitously, you probably want to figure out why your net worth was …
Bitcoin starts making sense once you understand what it does. Why does bitcoin have a price? Because people are paying for it. Why does bitcoin have value? Because it actually does something useful. Until you connect the dots and figure out what …
The biggest innovation of Bitcoin is that it is digital money, without a physical form. It was “born” digital. You cannot buy a physical bitcoin, other than novelty items. Bitcoin's digital nature is different much different from gold or …
Bitcoin is digital money. Up until bitcoin existed, everything digital could be replicated. It was just a simple copy-paste job and you could have infinite of anything that existed online. Bitcoin was the first time that something could be both …
Suddenly I found myself in the position where I had traded all my extra cash for bitcoin. I had slowly bought more bitcoin until I had all bitcoin, and no dollars. For some reason, I still wanted more, so I had to figure out how to earn bitcoin to …
It's hard to talk about bitcoin without mentioning at least some of the world of shitcoin terminology from time to time and this is the case with the term “exit liquidity”, which is largely a shitcoin phenomenon. However, there are …
Bitcoin consumes a lot of energy, but despite how mainstream media may portray it, bitcoin mining is actually one of the most green industries in the world today. In fact, green energy sources to mine bitcoin make up a majority of the mining power. …
