Tagged: bitcoin

Bitcoin Mining Still Requires Too Much Energy

Bitcoin is far less popular now than it was in its heyday, when the world’s leading cryptocurrency was regularly dominating international headlines and leading newcomers into the burgeoning crypto-marketplace. After it caught on like...

Bitcoin Mining Just Became More Efficient

Bitcoin is a decentralized, distributed piece of software that converts electricity and processing power into indisputably accurate records. Thus Bitcoin is allowing its users to utilize the Internet to perform the traditional functions of...

Here’s Why We Need Bitcoin [Part I]

The objective of this series of posts is to show why Bitcoin is a better form of money than the ones we currently use. For that, however, we first need to think about some...

Bitcoin Is the Currency of the Gods

Discounting is the single most important concept in finance and possibly economics. It’s the idea that money (cash) is less valuable tomorrow than today. The reason is quite existential: our impending death. Read the...