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Category: Bitcoin 101

Is Bitcoin Legal?

Is Bitcoin legal? The short answer is most likely yes — but it depends on where you are and what you do with it. The debate surrounding the legality of Bitcoin and cryptocurrencies is picking up. More lawmakers talk about it now, with the spread of digital currencies. Usually, people are allowed to trade with […]

The Bitcoin Scalability Problem

It usually takes less than a minute for the money to arrive when I’ve made a. That’s pretty fast. It’s only that fast, however, because clever cookies have figured out a way to make Bitcoin run so smoothly. Bitcoin has a scaling problem, you see. It only runs as well as it does because the […]

How Bitcoin Transactions Work

It’s prudent to know a bit about how Bitcoin transactions work if you’re considering buying them or accepting them as payment. Before we get into the technicalities of Bitcoin transactions, it’s worth knowing what precisely a Bitcoin is. According to the Bitcoin white paper, a Bitcoin is nothing more than a record of a transaction. In other […]

Top 10 Bitcoin POS Terminals

Bitcoin POS terminals are a great way to accept Bitcoin payments. If you’re a small business considering whether or not to accept Bitcoin, then this is for you. We’ve had a look at the ten best Bitcoin POS terminals so you can quickly pick the right one for your business. #1 – BitPay BitPay is a […]

Bitcoin For Business: How To Accept Bitcoin Payments

Why accept Bitcoin payments? Increasingly more people want to spend their Bitcoin on everyday items and experiences. Still, there are precious few places where they can use them. The landscape is bound to change, however, as Bitcoin becomes more mainstream. That means the time to strike is now! As a business, a small business in […]

How To Sell Bitcoin

How do you sell Bitcoin? Perhaps unsurprisingly, you can sell Bitcoins in all the same places as you can buy Bitcoins. The main ways in which people buy and sell cryptocurrencies are: Trading on exchanges Using peer-to-peer platforms Using Bitcoin ATMs Meeting face-to-face Bitcoin exchanges There are around 500 cryptocurrency exchanges open for business around […]

Where To Shop With Bitcoin

Where to shop with Bitcoin Where can you shop with Bitcoin? Having Bitcoins in a wallet is all well and good, but when do you get to spend it? And, more importantly, where? Who accepts Bitcoin? One solution is to sign up for one of the many Bitcoin debit cards. That will allow you to […]

Bitcoin Wallets: A Beginner’s Guide

Bitcoin Wallets: A Beginner’s Guide Bitcoin wallets – what are they? You need a place to store Bitcoin before you can own it. Unlike a real coin, you can’t just hold a Bitcoin in your hand. Those cool 3D printed Bitcoins you’ve seen aren’t the Bitcoins themselves. They’re Bitcoin wallets. You need a wallet too, […]

How To Buy Bitcoin

Want to buy Bitcoin? No problem. You need to get a Bitcoin wallet first. Don’t worry if you don’t have one yet. Many platforms include a wallet when you create an account on them. You can get a Bitcoin wallet in several ways: Download a Bitcoin wallet app Download a Bitcoin desktop wallet Buy a […]

Why Use Bitcoin? Here Are 8 Reasons You Should

Why use Bitcoin instead of Dollars, Euros, or Pounds? Why would anyone use Bitcoin? Good questions! Fortunately, there are some straightforward answers to them. In this article, we’ll go through the purpose of Bitcoin and what Bitcoins really are used for. The main reasons people use Bitcoin are: Control Affordability Speed Convenience Security Privacy Reliability […]
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