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 […]
What Are Rare Satoshis?
Bitcoin is money for everyone; it’s an open system that anyone can choose to join and support. Once you acquire Bitcoin using a wallet where you hold the private key, no one can tell you what to do with it. You can spend it, save it, try to earn a yield on it, borrow against […]
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 […]
Why Do Crypto Exchanges Fail?
Imagine waking up one morning and finding that your hard-earned Bitcoin has vanished into thin air. While you might be able to trace it on-chain, signs of recovery are slim to one, and the reality of facing a gut-wrenching loss sets in. This is the harsh reality faced by countless individuals who have fallen victim […]