Tag: Money

Reason To Use Bitcoin 21: Bitcoin is for savers. Fiat is for debtors.

Reason 21: Bitcoin Is For Savers. Fiat Is For Debtors.

One of the most common misconceptions that I hear in the bitcoin space is that “If you don’t spend your bitcoins, then it will never reach mainstream adoption”. While it’s good to use your bitcoins as a medium of exchange, the only way that mainstream adoption will ever be possible is if someone else first […]

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Reason To Use Bitcoin 29: Bitcoin is the reserve currency of the internet

Reason 29: Bitcoin Is The Reserve Currency of The Internet

The internet is a global economy that transcends nation states and political borders. PayPal, Square and other FinTech companies have enabled entrepreneurs around the world to transact business electronically but these services along with all other payment networks are centrally operated and subject to countless laws across a multitude of jurisdictions. What the internet needs […]

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Reason To Use Bitcoin 8: Money is one of society's most remarkable yet poorly understood inventions.

Reason 8: Money Is One of Society’s Most Remarkable Inventions

What is money? Lots of people have confidently told me that “money is the root of all evil” yet when I ask them what money is, they can’t seem to come up with an answer. Why is it that so many people seem to think that money is innately evil? Why doesn’t anyone understand what […]

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Reason To Use Bitcoin 12: Cybercrime is evolving faster than your bank's security

Reason 12: Cybercrime Is Evolving Faster Than Your Bank

In our hyper-connected tech world we have probably all heard a number of buzzwords that are related to cybercrime. Identity theft, ransomware, hacks, leaks, fraud, viruses, phishing, forgery, malware and spam are all terms that we either hear on the news or the latest primetime tv drama and that is because cybercrime is evolving at […]

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Reason To Use Bitcoin 22: It will create more multi-millionaires and billionaires in the next 20 years

Reason 22: Bitcoin Will Create A Lot Of Multi-Millionaires and Billionaires In The Next 20 Years

Since it’s inception back in 2009, one Bitcoin has gone from being worth absolutely nothing to being worth 1/10,000 of a pizza to achieving parity with the US dollar and reaching an all-time high of $1,271 (which at the time was worth more than one troy ounce of gold – $1,201.91). It is the limited […]

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Reason To Use Bitcoin 47: Soon there will be more smartphones than bank accounts

Reason 47: Soon There Will Be More Smartphones On The Planet Than Bank Accounts

Bitcoin adoption is accelerating around the world and soon there will be more smartphones than bank accounts. Tech giants like Google and Facebook have plans to speed things up by targeting emerging markets to bring over a billion new users into the internet economy. These next billion users are going to need the means to […]

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Reason To Use Bitcoin 44: Bitcoin takes crowdfunding one step further by making it a truly global concept

Reason 44: Bitcoin Takes Crowdfunding One Step Further By Making It A Truly Global Concept

Over the past decade, Crowdfunding has grown from being a small niche community to now being one of the first places to go to for businesses, causes and projects to raise startup capital. For those of you who don’t know or understand what crowdfunding is, it is simply the idea of collecting small amounts of […]

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