How Much Bitcoin Do Governments Hold?
Germany’s latest sale of 50,000 Bitcoin has revealed a number of large Bitcoin holders that very few of us pay attention to. Believe it or not, some governments around the world have quite a healthy Bitcoin balance sheet. As of recent estimates, governments collectively own approximately ₿ 517 414, which accounts for about 2.4% of the […]
What Is BIP39Colours?
Bitcoin is a purely digital currency which means it only exists as information; the digital entries that represent your Bitcoin on chain and in your wallet use cryptography to secure its transactions and prove that you are the only one who has permission to move that value. One of the most important cryptographic concepts in […]
How Is The Bitcoin Price Determined?
I’ve been asked many variations of this question in recent times, usually from those who are still sitting on the sidelines with Bitcoin and are trying to apply normie ways of thinking to it. “How can something that isn’t “tangible” be valued in the tens of thousands?” The hardened Bitcoiners who have been around for […]
What Is The Forever HODL Strategy?
“Surely you must want to sell at some point? You know, take some profits off the table and pat yourself on the back?” Not in the mind of the forever HODLer! This is a set-and-forget strategy where you have an amount in mind to invest and then you wait for 5 or 10 years, maybe […]
The Power Of Compound Interest
Since I immersed myself in to the crypto industry during the retail rush at the end of 2017, I’ve experienced a mindset shift about saving that was brought to the forefront only in the last couple of months. Sure, I always tried to save what I could each month but putting it in to a […]
Using Celsius To Earn 10% Interest On “True GBP”
Staggering Interest Rates In the UK, the Bank of England is clamping down on interest rates on savings accounts… a long way down… to 0.01%! I’ve read a few articles now about how seriously the bank is considering to implement so called “negative interest rates” and getting the high street banks ready for them, where […]