Eduardo Gomez started with Bitcoin in 2012, though he didn’t quite understand what he was getting himself into nor how it would change his life.
View More Can Bitcoin find its practical use case as a currency in Latin America?Category: Bitcoins
The businesses that still accept Bitcoin are the ones for whom Bitcoin doesn’t matter
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Bitcoin dipped, once again, below $10,000 early in March. In February, it dipped below $9000. It’s currently floating in the $6,000-7,000 and where it will go next is anyone’s guess.
As Bitcoin faces global setbacks and its value responds accordingly, several companies, from Steam to Microsoft, have stopped accepting the currency. But some have held on through it all — the crashes, the rises and falls.
I spoke with executives at companies who continue to allow Bitcoin payments, even as the storm grows rougher, to figure out why they still accept the cryptocurrency. They all sell different products, but there’s one thing they have in common: They don’t do very much business in Bitcoin. Read more…
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View More The businesses that still accept Bitcoin are the ones for whom Bitcoin doesn’t matterHow to calculate the exact amount of Bitcoin riches you’ve missed out on
The value of Bitcoin has been a roller coaster, and a select few have come out on top.
If you, like most of us, are not among the cryptocurrency elite, never fear. The Bitcoin Regret Club, featured on Product Hunt, is here to remind you just ho…
Coinbase CEO: ‘Please invest responsibly’
In a Medium post, the CEO of Coinbase, one of the most popular cryptocurrency exchanges out there, is urging users to be responsible about their investments. “We also wanted to remind customers of some of the risks associated with trading digital currency,” CEO Brian Armstrong wrote. “Digital currencies are volatile and the prices can go up and down.” Read More
Bitcoin is a bubble waiting to burst
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For those of us with long memories and some sense of history, Bitcoin’s recent meteoric rise is both thrilling and terrifying. It has all the earmarks of a bubble.
Bitcoin Bubble. The accidental alliteration makes it more attractive, but no more or less true. It’s all the similarities with previous economic bubbles going back more than a century that convinces us: This can’t last.
In the space of a few short days, the cryptocurrency, which people mine on their powerful computers, has gained thousands of dollars of fresh value. A year-long Bitcoin value chart is the extreme version of a hockey stick curve. Read more…
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View More Bitcoin is a bubble waiting to burstHow to talk to your Mom and Dad about Bitcoin on Thanksgiving
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“What is this Bitcoin thing?” says your mother as she passes you a hefty bowl of mashed sweet potatoes.
Dad pauses, mid-nibble on a turkey leg to chime in, “Yeah, is that real money?”
Oh God, they want to have The Talk.
Don’t be surprised if you’re confronted with similar questions as you and millions of other digitally savvy millennials and Gen Zers trudge back home for the annual Thanksgiving Day meal.
It’s a time to reconnect with family and for family to try and pick your brain about all the culture and new-fangled technology they still don’t understand. Read more…
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View More How to talk to your Mom and Dad about Bitcoin on Thanksgiving