Can AI Steal Your Bitcoin Wallet?
Large language models and generative AI have dominated the news cycle and captivated the imaginations of many enthusiasts, but even casual users have started to pay attention. Billions have been poured into the “AI” sector, and now that end-users can get a taste of its abilities, we’re seeing the need to apply AI to everything. […]
Can Bitcoin Go To Zero?
Bitcoin’s journey from an obscure whitepaper to a trillion-dollar asset class has been remarkable, but questions about its long-term viability persist. These objections to Bitcoin’s staying power come mostly from those who feel they missed the boat. Bitcoin derangement syndrome is a potent and toxic state of mind and can get you to rationalise avoiding […]
How FTX Repayments Will Work
The collapse of FTX in November 2022 marked one of crypto’s largest failures, leaving millions of customers wondering about their funds and a plethora of memes and face-palm moments that will last a lifetime. While SBF has graduated from the Forbes list into a jail cell like many others before him and many more after, […]
What Is A Bit-life Crisis?
It starts innocently enough. A casual mention at a dinner party. A cryptic tweet. A late-night YouTube video that somehow keeps you scrolling until 3 AM. Before you know it, you’re neck-deep in technical whitepapers, arguing with strangers on Reddit about monetary policy, and calculating your savings in satoshis instead of Dollars. You gobble up […]
Exploring Bitcoin Self-Custody Solutions
The concept of self-custody is at the heart of Bitcoin’s philosophy. Not your keys, not your coins. By owning your private keys, you take complete control of your funds, eliminating reliance on third-party institutions. However, this control comes with a significant responsibility: ensuring that your private keys are secure from both digital hacks, social engineering […]
Considerations Before Accepting Your Salary In Bitcoin
I recently stumbled across an article talking about the Dubai Court of First Instance affirming the legality of crypto payments for salaries under employment contracts in a landmark ruling on Aug. 15. The ruling, issued in case number 1739 of 2024 (Labour), marked a shift in the UAE’s judicial approach to digital currencies, reflecting the […]
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 […]
Mt. Gox Repayment Program Set To Begin
2024 has been the year of liquidation. First, the German government decided to offload the 50,000 coins it seized from Movies 2k. During those 27 days, the market took a 25% dip, hitting a low of $ 54,000, while buyers tried to absorb this influx of coins. After the German government emptied its coffers, the […]
What Is A Deflationary Spiral?
I am sure many of you have sat around the table, and in passing conversations, someone will mention how expensive a particular item has become. The discussion will devolve into how expensive various purchases are, along with access to services and basically how all economic activity requires more currency. The price of everything keeps going […]
What Is Frostsnap?
The core of Bitcoin’s value proposition is the ability to self-custody through the simple act of creating a wallet where you hold the only copy of the keys. When you self custody your funds, you are free of any third-party risk, but you will face a different set of obstacles. If you ever lose your […]