Riding your first bitcoin bull
This will be my first BULL RUN, where we will experience face ripping price increases. In my previous post The when and How to save in bitcoin, I identified different points on a chart showing the best time to start purchasing bitcoin, for a 1-3 year trade. To recap, the best time to begin buying […]
Read MoreNew Strike plugin makes lightning payments EVEN easier
Running the software to accept bitcoin lightning payments takes some IT knowledge and the willingness to learn and maintain it. It also requires liquidity. Liquidity in lightning means you are putting up the money you want the capacity to spend. You partner up with another entity (peer) and agree to specific rules to close the […]
Read MoreThe case for 1M bitcoin
The real question is when? I make the case it could be 3 years away. Regardless of your opinion of bitcoin, its price appreciation as an assist over the last 10 years is beyond anything that has ever existed. Traditionally dismissed as a Ponzi scheme waiting to pop, now debunked since 11 U.S. ETF’s have […]
Read Morecookielolz
cookielolz is a cottage food operation selling oatmeal based cookies in California. You can pay for your cookies using bitcoin lightning payments. Shipments are limited to California addresses only. Try them out.
Read MoreThe Why and How to save in bitcoin
Discussions in the mainstream eco-verse have shifted gears over the last year since the announcement of FASB rule changes and approval of eleven U.S. ETF products. These two items represent a fundamental shift in the use of bitcoin as an asset, mostly equated to gold but with digital use cases. Today, large banks and insurance […]
Read MoreHow bitcoin is infinitely divisible
Let’s first start with our current money, the dollar. A single cent, aka a penny, is the smallest unit of the U.S. currency. Each dollar is made up of one hundred cents. We visualize it as $1.00 with two decimal places for cents. You cannot buy individual items for less than one cent, the reason […]
Read MoreWhy bitcoin not “crypto”?
People generally have a negative understanding of bitcoin, mainly because news about it highlights its use for nefarious purposes. The news media in general is a mechanism to disseminate information; there is no requirement for it to be accurate and comprehensively researched on your behalf. In fact, the information conveyed is a human decision by […]
Read MoreBitcoin is a hedge against debasement not inflation
In the past year, discussions of inflation have intensified as the cost-of-living increases. Many in the general public are experiencing increased food and other general living expenses without increasing wages at the same time. There are many nuances when discussing inflation and what causes it. Inflation is a distraction from the real problem with money […]
Read MoreCan you keep a secret?
No, not the one about your co-worker in a throuple! But the type of secret that keeps someone from moving your bitcoin. Once you have studied bitcoin for a while, you will have a constant nagging feeling that your private keys are discoverable. That someone will find your written words, find one of your hardware […]
Read MoreThe bitcoin “security budget” scam
The recent uptick in bitcoin security budget discussions has me thinking why its occurring. I was recently listening to a podcast regarding hard forks of bitcoin and part of the discussion was identifying old bitcoins being sold on the hard forked new chain. Making money with bitcoin means you are holding onto your bitcoin and […]
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