Focus On The Signal
What is money, and how it relates to Bitcoin
Getting rich with bitcoin certainly not going to be as easy as your local evening news makes it sound. If you didn't accidentally mine bitcoin in 2011 and suddenly discover the lost hard drive in your basement, then you're going to have to work hard …
You may have heard a bitcoiner refer to something called “fiat mining”, and it's probably the first time you heard that phrase. You know about gold mining. You know about bitcoin mining. But what is fiat mining? Well, it's kind of a loose …
What is bitcoin made of? Bitcoin is made of 1's and 0's because bitcoin is computer code. That's oversimplifying a bit, and I'll dig into the details of what actually makes bitcoin…bitcoin, but for the introduction here, it's sufficient to say …
You've heard the stories. People who buy bitcoin and wait a few years are rich. It's that simple, right? As it turns out, getting bitcoin rich isn't as easy as you might think. So who exactly is getting rich with bitcoin? In general, there are two …
One of the main narratives put forth by bitcoiners is that bitcoin is a great inflation hedge due to its hard cap of 21 million coins. 19 million coins have already been issued since the launch of the network in 2009, and the next 2 million coins …
The conversation around why bitcoin has value, or whether or not it even has any value at all often leads to a discussion about gold. “Bitcoin is like digital gold”, right? It's undeniable that gold has value, but did you ever ask …
If you keep your money in cash, you are guaranteed to lose purchasing power over time. Official inflation remains somewhere between 1% and 5%, depending on who you ask, but some estimates that include things like property, commodities, and luxury …
I'm not a lawyer, financial advisor, professional investor, or librarian, so everything on this page is my opinion. Personally, I do not see Bitcoin as an investment, which may surprise you. You may have heard that you can make money by …
They say that Bitcoin is the future. It's the native currency of the internet. We're moving to a Bitcoin standard. It's going to be the global reserve currency. You'd better get in the rocket ship before it takes off… But do you need to own …
