What Is Bitcoin Legal Tender?
Bitcoin has grown significantly over the last ten years. It’s unbelievable to think that in 2010, a single Bitcoin was just a few cents and by 2017, the price had reached over $20,000. While in 2021, it reached an all-time high of over $68,000, and today, it sits at around $30 000 per coin. This […]
What Are Bitcoin Perpetual Futures?
As Bitcoin matures as an asset class, it has migrated from the shady corners of the internet and P2P markets into shady crypto exchanges and now into shady public companies and shady regulated entities. It’s all still shady; the only thing that changes is the clientele using various onramps and the amount of capital they […]
What Are Nostr Marketplace Clients?
Social media allows us to connect with friends, family and even strangers with common interests. As more people began to congregate on these websites, brands and marketers like me took it upon ourselves to ensure that social media users couldn’t simply have fun; users had to also see ads and be strategically prompted to buy […]
South Africans Should Consider BTC As Bank Failure Insurance.
South Africa is one of the most banked countries on the continent, with an estimated 85% of adults having bank accounts. We have plenty of middle-class and working-class people who are used to having a bank account, using NFC tap payments, using ApplePay or Visa and MasterCard credit and debit cards, but this isn’t the reality for […]
What Are Bitcoin Mini Grids?
Much has been made of bitcoins energy demands, and you will find no shortage of ESG-funded hit pieces looking at bitcoin’s energy production from a myopic lens. A lot of the criticism of bitcoin’s energy use is that it simply uses energy and provides nothing for that energy costs, and it could have gone towards […]
What Is Bitcoin OTC Trading?
Over-The-Counter Trading, or OTC Trading, is a business or fintech company that enables trading markets outside a regular exchange. Instead of making trades with individuals on a platform to secure the bitcoin or fiat you require, using an OTC desk, you deal directly with the business or platform, which can create custom orders that match […]
What Is An Out-Of-Band Bitcoin Transaction?
Creating a transaction on the bitcoin network is the process of transferring ownership of a UTXO representing a certain amount of satoshis. You first compile a transaction with all the necessary details using the wallet software of your choice, then you broadcast that compiled script via your node or a third-party node, and miners will […]
How To Acquire Bitcoin If Your Government Bans It
If you ask many a nocoiner or bitcoin sceptic why they see no reason to acquire any stake in bitcoin, they’ll often resort to the statist argument of “Well, the government will just ban it if it gets too big”. The idea that governments worldwide will ban bitcoin is popular for a good reason. Bitcoin […]
Why Bitcoin Becoming Boring Is A Feature, Not A Bug
Bitcoin markets still have many puzzles for us to solve, and anyone who tells you that they have it all figured out is either lying or naive and will be humbled by the market sooner or later. With each passing year, we’re beginning to learn more about this parallel monetary system and its effects on […]
What Are The Tax Implications of Bitcoin?
With the staggering rise and fall of bitcoin, we’ve seen the network settle billions in transactions each year, be that from paying salaries, trading, donations and gifting. As more value flows into bitcoin and value is exchanged on the network and adjacent networks like exchanges, bitcoin holders, investors, and traders may have serious tax questions […]