How Will The Pandemic Recovery Affect Bitcoin? The pandemic is ending and with it sooner or later the emergency measures will be eased both where it concerns economic restrictions and economic support. That’s still some months away but the dollar is already strengthening, rising from 89 to 92 this month. That’s presumably because the market does not expect any further devaluation than what is already known and perhaps even expects some monetary tightening in the months…
How many Bitcoin versions are there? How many Bitcoin versions are there? There are FIVE different versions of Bitcoin, at this time, with the main one being, by far, Bitcoin Core (BTC). It uses free and open software which derives directly from the original development by Satoshi Nakamoto. When installed on a computer, the Bitcoin Core creates a node of the Bitcoin network, with its wallet and the capability to send and receive money. The word core is therefore used, in…
Bitcoin Explained For Real, The 13 Facts You Need To Know Bitcoin Explained For Real, The 13 Facts You Need To Know Bitcoin is a complete monetary system that provides ways to “mint” digital coins or tokens, transfer them from one owner to another and record such transfer in an immutable public ledger that anyone can read, but only a few randomly chosen can update every few minutes with the consent of the majority of network users. *You don’t have to be a geek or a finance…
Much ado about tribalism Few years ago, in a discussion with someone, I mentioned that the vice president of Nigeria recently proposed the abolition of the quota system as a solution for the divisions festering up in the country. The response from my partner was that the vice president must be out of his mind to even think up some a “crazy” idea. He went on further to mention that the marginalisation of certain groups in the country would be evident to the point of…
Bitcoin 👀 **Update**: still happy I changed my mind on Bitcoin. I would never in a million years put the money I have in #Bitcoin into physical gold or silver. The physical delivery, storage and lack of liquidity simply make it unfeasible. Bitcoin is a far superior mechanism for me and millions of people like me. I think it will flip them. Everyone has a net worth denominated in Bitcoin even if they don’t own any. The problem is Bitcoin is outperforming almost every other…
Overcoming laziness I've been lazy to write for a while now, writing was a hobby for me before I got my first job working as a technician. I had less time so had to quit. I've heard about this site for a while now but the fact that I was lazy couldn't give me the chance to join. I crossed that line today and here I am. Writing first about LAZINESS Laziness is a condition of inaction. It's something that you do, not something that you are. Being lazy methods you have no…
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