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The Bitcoin Ponzi Scheme Paradox

[May 16 3:12 PM] "Ponzi scheme" has become a byword for all manner of financial frauds and monetary scams. When a rapid six month collapse erased $2T (trillion) from crypto market capitalization in 2022, mainstream media outlets were quick to again label…

7 Tips For Traveling With Bitcoin Keys

[May 9 3:34 PM] Originally published on Unchained.com.Unchained is the official US Collaborative Custody partner of Bitcoin Magazine and an integral sponsor of related content published through Bitcoin Magazine. For more information on services offered, custody…

Going Bankless: Bitcoin Offers The Ultimate Financial Freedom

[May 7 9:58 AM] It is often said that Bitcoin allows anyone to be their own bank. If you know anything about Bitcoin’s ethos and underlying tech, you’ve likely heard of this concept before. But do you know exactly how that works and why Bitcoin is more suitable as…

DIY Multisig vs. Collaborative Custody Multisig

[May 6 2:18 PM] Originally published on Unchained.com.Unchained is the official US Collaborative Custody partner of Bitcoin Magazine and an integral sponsor of related content published through Bitcoin Magazine. For more information on services offered, custody…

Top 10 Tips for Every Bitcoin Multisig Beginner

[Apr 26 11:46 AM] Originally published on Unchained.com.Unchained is the official US Collaborative Custody partner of Bitcoin Magazine and an integral sponsor of related content published through Bitcoin Magazine. For more information on services offered, custody…

How did Satoshi Think of Bitcoin?

[Apr 13 8:00 AM] The following is an essay originally published on Unchained.com by Dhruv Bansal, CSO and Co-founder of Unchained, the Official US Collaborative Custody Partner of Bitcoin Magazine. For more information on services offered, custody products, and the…

When is the next Bitcoin Halving?

[Apr 5 2:46 PM] IntroductionAs we approach the conclusion of the third epoch, the countdown to the next Bitcoin halving is firmly underway. The halving (also known as the “Halvening”) is one of the most important and innovative features of Bitcoin. Every 10…

The Infosec Basics: How to Keep Your Bitcoin Seed Phrase Secure

[Mar 29 8:30 AM] When it comes to self custodying your bitcoin, there is one inescapable fact: the buck stops with you. You are responsible for your own funds, you are responsible for keeping them safe, you are responsible for everything. This can be a daunting…

Four Case Studies: Should You Hold Bitcoin In A Roth IRA?

[Mar 17 8:00 AM] Whether you’re young, mid-career, or playing the back nine, Roth IRAs can be an important tool for your financial goals. Four case studies below will illustrate how by combining Roth IRAs with bitcoin, you can save for retirement, optimize for your…

What Is Multisig?

[Feb 20 3:22 PM] When it comes to storing your bitcoin, multisignature—or multisig for short—is widely recognized as one of the most secure methods. It can eliminate risks associated with exchanges and custodians, and simultaneously addresses the most common issues…

Singlesig vs. Multisig: Bitcoin Self-custody Approaches Compared

[Feb 14 7:49 PM] If you want to remove custodial risk from your bitcoin holdings, you must take self-custody. Bitcoin custody is determined by whoever has the keys to control the bitcoin—if you aren’t holding the keys to your bitcoin, then someone else is. As the…

What is Soft Money? Definition, Comparison to Hard Money

[Aug 17, 2023 7:02 AM] Soft money is considered through two different concepts. Firstly and generally speaking, it’s a type of money, like paper currency or fiat money, that stands in contrast with hard money. Hard money has physicality, like gold, silver or any other…

What Is a Spot Bitcoin ETF?

[Aug 4, 2023 11:30 AM] IntroductionAn exchange-traded fund (ETF) is a type of investment that tracks a specific asset or commodity, in this case, bitcoin. ETFs can be bought and sold on stock exchanges and brokerage accounts, with the custody of the underlying asset…

What Is A Bitcoin ETF?

[Aug 2, 2023 8:30 AM] IntroductionAs interest in bitcoin continues to grow, so does the demand for investment products that provide exposure to companies and funds alike. One such product that has gained significant attention is the Bitcoin Exchange-Traded Fund…

What Fiat Money? How does it work?, History, Pros & Cons

[Jul 27, 2023 8:07 AM] IntroductionDefining Fiat MoneyFiat money is tender not backed by a tangible asset or commodity like gold or silver. It’s usually mandated by governments, but this isn’t always the case. The currencies we use for everyday transactions in the modern…

What Is Proof Of Work? And How Does it Work?

[Jun 30, 2023 9:28 AM] IntroductionBitcoin miners collect and broadcast transactions in a block and verify their validity. Then they apply a cryptographic hash function of the previous block's header to the new block. Finally, they try to solve the proof-of-work problem…

What Is Proof Of Stake? And How Does It Work?

[Jun 28, 2023 1:34 PM] IntroductionIn a blockchain network where participants remain anonymous, a dependable coordination mechanism is essential. The "proof" acts as confirmation that a participant has met the requirements to validate a block of transactions, signifying…

Liquid Bitcoin Versus Wrapped Bitcoin: A Comparative Analysis

[Jun 19, 2023 8:11 AM] Given the increasing transaction fees caused by Ordinals activity in the Bitcoin timechain, many Bitcoiners have sought alternative solutions to keep their transaction fees low during these periods. While Bitcoin Layer 2 options like the Lightning…

What is hyperinflation and how does it happen?

[Jun 14, 2023 10:36 AM] “Gradually, then suddenly,” goes the Hemingway trope about going bankrupt that Bitcoiners have so enthusiastically adopted. When crypto exchanges, stablecoins and banks are collapsing left and right, it looks suspiciously like we are already in the…

What is Money?

[Apr 24, 2023 10:28 AM] Money is crucial to regulating our lives and economies. Here’s an essential guide to understanding money and its role in today’s economic system.IntroductionMoney is something that most of us take for granted, as we use it daily to buy goods and…

Unit of Account: A Comprehensive Guide

[Apr 24, 2023 10:26 AM] Unit of AccountUnit of account is the thing that measures the value of goods and services. It's an essential function for something to be [or become?] money. In simple terms, it is a standard measure of value, a common scaling system through which…

What is a Store of Value? A Comprehensive Guide

[Apr 24, 2023 10:26 AM] Store of ValueThe concept of a “store of value” refers to goods that are capable of retaining or increasing their worth over time rather than declining in value. This term is used to describe a mechanism that enables individuals to preserve their…

What is a Medium of Exchange? A Comprehensive Guide

[Apr 24, 2023 10:26 AM] Medium of ExchangeAs society’s structure and organization became more complex over time, the need for an evolving monetary system arose from the limitations of barter. Barter is not suitable as a means to exchange goods and services in an economic…

What Is a Bitcoin Paper Wallet?

[Mar 29, 2023 10:21 AM] A paper wallet is an early method used to protect bitcoin offline. Better methods have replaced it, but people still use paper wallets to store bitcoin safely and inexpensively.What’s a Paper Wallet?A paper wallet is a physical document or object…

What is a Wallet? Guide to storing Bitcoin

[Mar 24, 2023 7:22 AM] After you receive bitcoin, you’ll need to store it in a secure digital wallet. This guide helps you understand what a wallet is and how there are different wallets to suit your needs.A wallet is where you typically store your bitcoin after…

What is a Multisignature (MultiSig) Wallet?

[Mar 23, 2023 7:26 AM] A multisig wallet is a special type of wallet for securely storing your Bitcoin. 3-5 signatures are typically required to access the stored Bitcoin.What is a MultiSig wallet?A multisig wallet is a wallet that provides users with extra security…

Bitcoin Price History: 2009 - 2023

[Mar 2, 2023 8:28 AM] Bitcoin’s past performance can help you understand where its value is heading. Here’s bitcoin’s price history delineated since its inception.Introduction How many times has bitcoin been declared dead? At least 463 times. And it’s never been becaus

Introduction to the Best Multisig Wallets

[Feb 27, 2023 11:08 AM] Bitcoin multisig wallets are a great security solution to help you keep your Bitcoin secure, private and as accessible as your require at all timesWhat are the best multisig wallets to store bitcoinYour Bitcoin wallet is the access to your digital…