bitcoin

Behold the Bitcoin, the original cryptocurrency; whether you're a skeptic or a bitcoin believer, get the lowdown on this controversial coin.

The Mystery Of Bitcoin
Bitcoin has recently become widely attractive to investors, companies, and every day citizens alike. Millions of people are taking a second look at the first decentralized cryptocurrency. Just as many people have been helping the value of a bitcoin soar to unprecedented and staggering highs. Once traded at less than a single penny, it is currently being bought at nearly $48,000. The creator of this open source code with the first blockchain must have made an unfathomable and obscene of money, right? Believe it or not, the first million bitcoin they mined have been untouched in multiple bitcoin wallets. They introduced their white paper on Halloween day of 2009. Easily described as all bit and no coin, bitcoin did not materialize out of thin air as it may seem.
By Jess Dolan5 years ago in The Chain
Buying Control Of Money
I first found out about Bitcoin a few years ago. I do not recall the exact year I have heard of Bitcoin; that goes to show you that Bitcoin meant nothing to me, and I had no desire to partake in another form of digital transactions. Do not get me wrong. I am a very open-minded person, and I am willing to try anything that sparks an interest. The thing is I never took the time to research Bitcoin because I did not come across enough sources at the time and there was no word-of-mouth that could provide me with information or testimonies.
By Leona Valentine5 years ago in The Chain
Bitcoin Origins, Operations, Happenings, Objectives and Offerings (uh, BOOHOO for short?). Top Story - February 2021.
Who? The first thing that should be covered is, “Who came up with Bitcoin?” followed by, “Who actually gives a darn about Bitcoin?” The answer to the first question is complicated, but in short involves the name Satoshi Nakamoto. Anyone wanting to honor the founder(s) of Bitcoin should know that name, and it matters because nobody really knows for sure who Satoshi Nakamoto really is. The name is universally considered a pseudonym (meaning it is very likely not the real name of whoever came up with Bitcoin.) Maybe the real Satoshi Nakamoto is the guy who was supposedly handed over the keys to Bitcoin shortly before Satoshi Nakamoto was never heard from again (Popper, 2016).
By G. R. Reed5 years ago in The Chain
The Birth of Bitcoin
Satoshi clicked between the listing of a train from Japan and a train from England. While he preferred the black and red colored, steam train from England, he could purchase the green, steam train from Japan for cheaper thanks to the lower exchange rate. He stared at his computer screen; his cheek rested on his balled fist as he narrowed his onyx eyes in frustration.
By Brooke Hash5 years ago in The Chain
Dreams Fulfilled at Grab a Byte Cafe
Jason Ishotas frequented Grab a Byte Cafe on a regular basis. Gamers and geeks of all kinds congregated there to network and share code with website developers. Grab a Byte hosted weekly Zoom calls featuring some of the most prolific gamers in the industry and online tournaments drew capacity crowds on the weekend. After leaving his 8 am to 5 pm gig at a big box store, Jason often dropped in at the Cafe to learn the latest trade tricks and to look for collaborators on an innovative idea. Unfortunately, none of his acquaintances in the cyber community bought into his endeavor to upend the financial world. They believed his dream to be foolhardy and a complete waste of time. People preferred to hold cash in hand...to have something tangible...to know that a local bank stored their wealth. They also thought cyber money to be more suitable for buying items in Minecraft not in the real world of commerce. No one in his personal circle supported his vision until Mia Sato walked into his life.
By Bryan R..5 years ago in The Chain
Beyond the Bit
“Have you ever wondered what lies beyond that 1 and 0?” Satoshi Nakamoto glares at you through his copper-tinted glasses in anticipation of an answer. His cheeks are hollow and silver streaks sift through his hair. Tea drops stain his corduroy pants and a broken clockface reflects his psyche. You knew Mr Nakamoto to be esoteric, but even this question felt a little out of left field.
By Jakub 5 years ago in The Chain
Who is Mr. Gold
The financial markets have been experiencing much instability for many years now but to really understand why this was spurred on a new liberational movement of digital currency, we must first go back to before it all started.
By Sean Harding5 years ago in The Chain
The Polymath of the 21st Century
31 October 2022: As many of you will be aware, I am currently inhabited on Lunar StationX pursuing sustained, long-term life away from Earth and undergoing various preliminary trials, tests and experiments for interplanetary travel. Although we are still well and truly in the development stages, things are looking incredibly promising and we have much to share with you. However this is not why I am writing today...
By Brad Bamford5 years ago in The Chain
The Origins of Bitcoin - A Love Story
Chapter one – 2008, Outside of Kathmandu, Nepal Anaisha fingered the fine fabric. "This is the one," she said to herself just loud enough for the shopkeeper to hear. The woman couldn't understand a word of English but clearly interpreted the grin and sparkle in Anaisha’s eyes. “Geoffrey?” Anaisha voice raised so her husband would hear her outside the makeshift shelter. Anaisha’s husband appeared at her side, “Look at this,” she exclaimed indicating the fabric, “could you please tell her I need four yards?”
By DW Plato5 years ago in The Chain
The Mysteries of Bitcoin.
Bitcoin was created by a mysterious person in January of 2009. Today I am going to try to unravel this mystery. How might you ask? By researching and using my imagination of course! I did some research on Bitcoin and discovered that Bitcoin is like a computer file that is stored in an “digital wallet” app on either your computer or phone. You can give bitcoins to other people. It’s basically a form of money you can be paid in bitcoins and you can buy things with bitcoins. I also found out that there is a thing you can do called “bitcoin mining” and it is where specialized computers have miners and the miner process every bitcoin transaction. Then they chain those transactions together in a “blockchain” as it is called. It takes about 10 minutes to “mine” a bitcoin. One bitcoin is worth 48,099.50 US dollars.
By D.K.Reed5 years ago in The Chain
Albert and Sakura
It was a hot day in June when Albert decided he was done working for someone else and picked up his ball cap and messenger bag and walked out of the office. He was frustrated, hot, sweaty, and mad. That was it really, he was just plain mad. His boss was a jerk and didn’t even understand half of what Albert showed him, but he was the one making all the money while Albert scrounged behind the seat cushions when he needed money for the subway. It wasn’t fair, Albert thought. How could someone so stupid be his boss? Albert would never understand the way companies worked. It was like they promoted the people who couldn’t do anything so they wouldn’t mess up the actual day-to-day business. It made little sense, but Albert was done trying to understand. He was going to do his own thing.
By Jennifer Ryan5 years ago in The Chain
Nakamoto
Nakamoto & Bitcoin
By Bill woznik5 years ago in The Chain