BitcoinGlossary

Goldman Sachs, notoriously known for being one step ahead, has hired Justin Schmidt to the securities division as Head of Digital Asset Markets. Trading desks at banks main purpose are to help their clients trade the instruments they want, so if the people want crypto, does this mean Goldman will opening a crypto-trading desk? “In response to client interest in various...

Satoshi Nakamoto Bitcoin created in 2008.  Satoshi Nakamoto is a pseudonym for the real bitcoin creator.  The entire world is trying to solve the mystery of his true identity.  Up until today, the founder of Bitcoin remain anonymous. Every day approximately 3,600 new Bitcoins are produced. You can buy pieces of Bitcoin (and other cryptos), you do...

The benefits of bitcoin, decentralized currency, peer-to-peer transactions, fast & secure cross border transactions, are vast. However, since it is a digital, universal currency; to buy bitcoin first requires what country you reside in.  To buy Bitcoin, each country (and exchange) has it’s own rules & regulations.  To read more about country-specific regulations click here. Now we established what country...

There will only be 21 million Bitcoins in the world. At that point, no new coins will be issues. The cap is expected to be hit by 2140.  So far, there are 16 million bitcoins in circulation.

Yes, the smallest amount of Bitcoin you can buy is 0.00000001 Bitcoin.    As with all cryptos, determine how much you’d like to invest and then work backwards.  

Yes, Bitcoin is legal.  However, the legality of your crypto activities depend on your age, where you live, and what you are doing with it. Bitcoin and all cryptos are of interest to regulators such as government, tax and banking authorities.

Either you've determined you're going to use a software wallet or you've found yourself in a situation where you need to use a software wallet.  Now, let's figure out how to use a software wallet. Most software wallets are easy enough for a novice to use.  (But, if you find difficultly, you can visit the software wallet's website for further...

Digital Wallets are a virtual replacement of the physical wallet.  (You can think of PayPay or Apple Pay. But that’s another topic for another time.) Specifically to cryptocurrency, you need to choose a wallet to store your coins.  You cannot walk into a store and buy a wallet (yet).  And the “best digital wallets” is really a subjective question,...

No, Bitcoin is not an Altcoin. Altcoin is a shortened phrase for Alternative Coins (aka alternative cryptocurrency). Altcoins are lesser known cryptocurrencies. Bitcoin is just ONE type of crytocurrency, out of thousands.  In mainstream news, Bitcoin is most heavily reported in the crypto world because it gained momentum and in turn, success. To date, Bitcoin remains the most liquid leveraged markets of all...

Litecoin (LTC) Market cap, as of December 2017: $15.11 billion Creator? Former Google employee (and now notable star in the crypto universe) Charlie Lee Max Supply: 84 million coin limit with 54 million coins currently in circulation. Briefing: Litecoin is a lighter, faster Bitcoin.   Monero (XMR) Market cap: $5.3 billion Creator? Monero’s creator is anonymous. Max Supply: No fixed supply with 5.5 million XMR in circulation. Briefing:Completely anonymous currency. Neo Market cap: $3.92 billion Performance in 2017: +54,021% Creator? Da Hongfei...