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The Journey Down The Bitcoin Rabbit Hole

Going down the bitcoin rabbit hole is a journey that can be both exhilarating and overwhelming. For those who have never delved into the world of cryptocurrency, the experience can be quite eye-opening. From learning the basics of how bitcoin works to understanding the intricacies of blockchain technology, the process

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Are You The Crazy Bitcoin Person Of Your Family?

Have you ever become known as the "crazy Bitcoin person" of your family? The one who always talks about the price of Bitcoin and keeps telling everyone to invest in it? If so, you're not alone. When you start investing in Bitcoin, you realize that it&

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Bitcoin, Time Preference, and Shifting To Delayed Gratification

Bitcoin has revolutionized the financial world and has become a game-changer for many people around the world. It's no surprise that many individuals are looking to invest in this new asset class, and the potential rewards can be very tempting. But investing in bitcoin requires discipline and the

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It's Actually Quite Rare To Own A Whole Bitcoin

It is quite rare to own a whole bitcoin, as the maximum supply of bitcoin is 21 million. As of February 2023, around 18.9 million bitcoins have already been mined, leaving approximately 2.1 million bitcoins left to be mined. As the supply of bitcoins is finite, the value

Advanced Bitcoin Education

What is Fedimint (privacy-enhancing technology for Bitcoin)?

A Fedimint is a portmanteau of "Federated" and "Mint" and refers to a type of privacy-enhancing technology in the context of Bitcoin. It is a type of Chaumian CoinJoin, which is a method of mixing multiple transactions in such a way that their origin and destination

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Interest In Bitcoin Goes Beyond The Financial Aspect

Bitcoin is more than just a decentralized currency, it's also a community of like-minded individuals who share a vision for a better future. These individuals, commonly referred to as "Bitcoiners," are people who have been drawn to Bitcoin for a variety of reasons. Some people get

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A Tool For Personal Freedom In An Increasingly Controlled World

Bitcoin has been around for over a decade now, but the reasons why people get involved with it have evolved over time. Initially, many people were attracted to Bitcoin because of the potential for significant financial gain. However, over time, more and more people have become interested in Bitcoin for

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Central Bank Digital Currencies (CBDCs) vs Bitcoin

Central Bank Digital Currencies (CBDCs) have been a topic of discussion in the financial world for some time now. While they are being presented as the next logical step in the evolution of money, there are concerns that they could be used to further increase government control over citizens. On

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Dollar-cost Averaging Into Bitcoin

Dollar-cost averaging (DCA) is a popular investment strategy that has gained a lot of attention in recent years, especially in the world of bitcoin. One of the most common use cases for DCA is in Bitcoin investing. Bitcoin has become a popular investment asset over the years, with many people

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The BLOCKCLOCK™ - Mini and Micro Review

If you're looking for a unique way to display the time in your office or home, you might be interested in BLOCKCLOCK™ mini and micro. These devices are Bitcoin-themed digital clocks that use blockchain technology to display the time.   The BLOCKCLOCK™ mini is a compact clock with a

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Bisq - A Peer-to-Peer (P2P) Bitcoin Exchange

Bisq is a decentralized peer-to-peer (P2P) exchange that allows users to buy and sell cryptocurrencies without the need for a centralized intermediary. This platform offers a high degree of privacy and security for its users and is designed to protect against hacks, thefts, and other forms of online fraud. Bisq

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HodlHodl - A Unique Peer-to-Peer (P2P) Bitcoin Exchange

HodlHodl.com is a unique peer-to-peer (P2P) Bitcoin exchange platform that operates on the basis of the Bitcoin multisignature escrow technology. The platform allows buyers and sellers to exchange Bitcoin for fiat currency or other cryptocurrencies without the need for a centralized intermediary, such as a bank or exchange. One

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Bitrefill (Live On Bitcoin) Buy Gift Cards Instantly With Bitcoin or Lightning

Bitrefill.com is a popular platform that provides a range of services for bitcoin users. Its main offering is gift cards and vouchers that can be purchased with Bitcoin. These gift cards and vouchers can be redeemed at a variety of popular retailers and services, such as Amazon, Netflix, and

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Bitcoin Charts, On-chain Metrics and Analytics

LookIntoBitcoin.com is a valuable resource for anyone looking to gain a deeper understanding of the Bitcoin network and the broader cryptocurrency ecosystem. The site provides a comprehensive set of on-chain metrics and analytics, including charts that track the UTXO and Supply Distribution of Bitcoin. One of the most valuable

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The transparency of the Bitcoin blockchain, on-chain analytics

The transparency of the Bitcoin blockchain provides a key advantage over traditional financial systems. Every transaction on the network is recorded on the public ledger, offering a high level of transparency and accountability. However, while every transaction is visible to anyone with an internet connection, the identities of the sender

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In a world of despair Bitcoiners are excited for the future.

The world we live in can often be overwhelming, with a constant stream of news and information bombarding us from all directions. It's not uncommon for people to feel a sense of despair or hopelessness in the face of the many challenges we face, from environmental degradation and

Bitcoin Education

Bitcoin Node Operators Are Gatekeepers Of The Network

Bitcoin nodes are an integral part of the decentralized network that makes up the Bitcoin ecosystem. A node is a computer that participates in the network by connecting to the peer-to-peer network and relaying transactions. Nodes also help to validate transactions and blocks, and ensure that the network follows the

Bitcoin Education

What is a Public Key?

What is a Bitcoin Public Key? A Bitcoin public key is a unique code that is used to identify a specific Bitcoin address, which is the destination for a Bitcoin transaction. It is a long string of letters and numbers that is generated using complex mathematical algorithms, and it is

Bitcoin Education

What is a Private Key?

What is a Private Key? A Bitcoin private key is a unique code that allows access to the funds associated with a specific Bitcoin public key address. A Bitcoin private-key is paired with a public key as a set of two unique codes that are used to secure and control

Advanced Bitcoin Education

P2PKH vs P2SH vs SegWit Vs Taproot

Bitcoin addresses are used to send and receive bitcoin transactions on the blockchain network. There are several different types of bitcoin addresses, each with their own unique features and uses. The first type of bitcoin address is a standard address, also known as a "P2PKH" address. These addresses

Bitcoin Education

What Are BIPs (Bitcoin Improvement Proposals)?

Bitcoin Improvement Proposals (BIPs) are a way for developers to propose changes and improvements to the bitcoin protocol. BIPs are similar to the Request for Comments (RFCs) process used by the Internet Engineering Task Force (IETF). They are used to outline new features, changes to existing features, and other modifications

Bitcoin Education

What is the The BIP 32 Standard?

The BIP 32 standard, also known as "Hierarchical Deterministic Wallet" is a method used in bitcoin and other cryptocurrencies to generate a tree-like structure of derived keys from a single "seed" value. This seed value can be a random number or a user-provided passphrase. BIP 32

Advanced Bitcoin Education

The HMAC-SHA512 Algorithm

What is the HMAC-SHA512 Algorithm (Keyed-Hash Message Authentication Code)? The HMAC-SHA512 algorithm, also known as "Keyed-Hash Message Authentication Code" is a key derivation function (KDF) used in bitcoin and other cryptocurrencies to generate a unique key from a password or passphrase. The key is then used to encrypt

Advanced Bitcoin Education

Hierarchical Deterministic (HD) Key Generation

Hierarchical deterministic (HD) key generation is a method used in bitcoin and other cryptocurrencies to generate a tree-like structure of derived keys from a single "seed" value. This seed value can be a random number or a user-provided passphrase. HD key generation is used in the bitcoin industry

Advanced Bitcoin Education

What is a Key Derivation Function (KDF)?

What is a Key Derivation Function (KDF)? A key derivation function (KDF) is a mathematical process used in bitcoin and other cryptocurrencies to generate a unique key from a password or passphrase. The key is then used to encrypt or decrypt private data, such as a private key or seed