Bitcoin Foqus
Focus On The Signal
Challenges that Bitcoin faces, and problems with the network.
Everyone wants to buy bitcoin at the right time, at the best price. So you want to wait for the crash, to get a low price. Or you want to make sure it isn't going to crash directly after you buy. So, what's the answer – is bitcoin going to …
Bitcoin is a new type of money that relies on computers around the world to mine new coins into existence, send & receive to wallets, and validate & verify transactions. Without computers and the internet, bitcoin wouldn't be possible. But computers …
You've heard about bitcoin and know it's a way to make money, but are afraid to buy, because you aren't sure how the whole thing works. Can you lose money in bitcoin, or is it just going to go up forever? The answer is nuanced. Yes, you can lose …
Bitcoin is an entirely new concept that many people are not familiar with, so in my opinion, it's fair enough to ask, “Is Bitcoin safe?”. Not too long ago, another concept that took a while to get used to: the internet! It's easy to …
It takes energy to operate and maintain the Bitcoin network. That's a fact. How much it consumes, how much of it is green, and whether or not it's worth the energy consumption are areas of contentious debate. Is Bitcoin bad for the environment? As I …
When I recommend buying bitcoin to my friends and family, probably the second most common pushback is that they think the government is going to ban it. In a time where the government can tell us it's illegal to go outside other than for approved …
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 …
The price of bitcoin is going up rapidly, and a talking head comes on the TV to say that the price of bitcoin is too damn high! Is bitcoin a bubble? Suddenly, you have a vague memory that four years ago, someone saying the exact same thing. …
I had a conversation with a couple of my good friends a few months back, and after I explained everything I know about bitcoin and why they should buy it, their first response back was, “Yeah, I don't know man. Isn't buying bitcoin risky …
