An Alt-coin generally means a Bitcoin clone with it’s own Block chain. I think that most Bitcoin fans have a favorite alt-coin. My favorite alt-coin is Maza (formerly known as Mazacoin). Continue reading “Maza: My favorite alt-coin”
There are many parts to Bitcoin and crypto-currencies that you should think about to understand Bitcoin.
I’m trying to figure out what I see in Bitcoin that others do not and describe it for you in writing. Continue reading “The Bitcoin Economy”
I regularly listen to the financial conspiracy theory crowds on Youtube. They offer interesting angles on ideas. There are a few of them that claim that Bitcoin is just another way to get the world to a cashless society.
There are several ways to earn bitcoin. You should find the best one for you, but do not limit yourself to that one way.
You should think of Bitcoin as a barter system. A lot of people don’t want to call it money, so maybe we should entertain that idea for a few minutes. Continue reading “Bitcoin – Think barter system.”
Have you used bitcoin before? You need to try it. It doesn’t cost hundreds of dollars to get started on your personal bitcoin empire. Continue reading “The foundation of your bitcoin empire.”
Scam: ( 1 a dishonest scheme; a fraud. 2 a fraudulent or deceptive act or operation)
People seem like to throw this term around a lot in the bitcoin and crypto currency space. Continue reading “What are scams?”
I would say no to this question. In my opinion, these tokens are creating a loop. First, we had crowd funding where one person would give/ donate another person bitcoin (to do some project) and that would be the end of the financial transaction. Now we can give the original donor a token and it becomes more of a value for value transaction and possibly an investor. Now, they can go on the market and get something for their token which should hopefully be more than zero. As the markets get older, there will be investors with stronger hands looking to get tokens at the market bottom price as well.
Will people still create scams? Yes, but now each project could have a market where people could get partial refunds if they get cold feet. Keep an open mind.
So I hope the good guys keep creating small projects that bring value to the world and I’m going to keep investing.