Okay, so, you’ve seen the price of 1 Bitcoin skyrocketing this week (it’s above $23,000 at the time of writing!) and you’re curious about buying.
First things first — have you done any research yet? If the answer is no, please don’t continue until you’ve done thorough research to understand what Bitcoin is and how it works.
The more you know, the better informed your decisions will be in the future.
Once you know all there is to know (or as much as you can 😉), follow the easy instructions below to buy your first Bitcoin with CoinCorner.
Listen to the original Britcoiners discussion here:
Before we get started, if you’re interested in more in-depth information about the Bitcoin Core Development process, check out Matt’s guide to Bitcoin Core Development for MacOS or Danny’s Bitcoin Core Development for Windows.
“Bitcoin Core” or the software behind Bitcoin is open source 👇 which means that anyone can view the source code and get involved in making changes.
This content is originally from Britcoiners — catch up on the chitchat around this topic on Anchor and other major podcast platforms:
So, when people ask if Bitcoin’s anonymous, they really mean “can I send Bitcoin anonymously?” and the simple answer is no.
Historically, Bitcoin was misunderstood by some as being anonymous.
Over time, this belief became a common misconception and is still something that confuses new Bitcoiners today.
The reality is that Bitcoin is actually pseudonymous. All transactions are stored on the public blockchain and any payment can be traced back.
For example, when you send Bitcoin to a friend, you’ll see that your wallet address doesn’t identify your name as it would if you sent the transaction through your bank. …
We’re excited to announce that we’ve partnered with Bitrefill to become the first UK Bitcoin exchange to offer a Bitcoin gift card service 🥳
If you’re a CoinCorner customer, you can now browse an extensive selection of Bitrefill’s gift cards and mobile refills directly from within your account, paying with either Bitcoin or Lightning.
Read on to learn more about the benefits of this new service!
Although more businesses are starting to accept Bitcoin, it’s still a developing market and it can be a little tricky to spend Bitcoin on everyday products. …
Just in time for Christmas, we’re excited to announce a new partnership with Go2Games, helping them to accept Bitcoin payments from their customers.
A high-quality computer games, console and accessories retailer, Go2Games has everything you need for PlayStation, Xbox One, Switch, and PC.
With a range of merchandise across electronics, toys and clothing, they have the latest available and are a one-stop shop for gaming!
Head over to Go2Games and get your Christmas shopping done with Bitcoin this year 🎁
Bitcoin is 12 years old now and the industry is continuing to grow at a rapid rate. While the price will always be of interest to people, there are other developments happening in the space to grow adoption in different ways. …
As a Bitcoin company, we’re always looking for new ways to bring Bitcoin into our own daily lives.
Last summer, we introduced a new employee initiative and began paying salaries in Bitcoin — either a portion or all, depending on the individual’s preference. Tech Lead, Zakk, was even featured in the Mirror after opting to take his entire salary in Bitcoin.
Adding Bitcoin to your payroll is a great way to enhance a company’s benefits package, showing that you’re modern and flexible. Read on for guidance on how to introduce this as an initiative.
Envelope — cheque — online bank transfer — Bitcoin? …
Bitcoin and everything about it is publicly visible online — after all, that’s one of its key characteristics as a decentralised digital currency.
BUT, Bitcoin has a mystery that remains to this very day…
Who created it?
This education piece originally featured on Britcoiners — have a listen if you’d rather not read! 🎧
Although Bitcoin was officially launched on October 31st 2008 in a whitepaper titled “Bitcoin: A Peer-to-Peer Electronic Cash System”, the community believes it was in development from 2007 onwards.
Shortly after the whitepaper launch, the network was born on January 3rd 2009 with the Genesis Block (or Block 0) and along with the first Bitcoin transaction a few days later. …
You may hear people say “well, what is Bitcoin good for? What can you do with it?” and the answer is — quite a lot, actually.
Following on from the last Britcoiners education piece on how to get Bitcoin, this week we’ve covered the top 3 ways you can use Bitcoin.
Listen below if you’re short for time or want to hear our team talk Bitcoin:
By far the most popular reason why people are “in” Bitcoin is for investment reasons. This has formed a huge part of the retail sector, especially as Bitcoin is almost accessible to anyone.
Alternatively known as a store of wealth, Bitcoin’s price can fluctuate huge percentages in minutes and in its short 12 years alone it’s gone from $0 to $20,000 (2017’s all-time high). …
So, you have cash burning a hole in your pocket and you want to put it in Bitcoin? Great, you’ve come to the right place!
Today’s topic came from a conversation on Britcoiners — our new Bitcoin podcast. You can listen at the link below (the podcast is available on all major platforms).
Before we get into the HOW of getting Bitcoin, here are a few simple reminders.
The Britcoiners team introduced a new segment to the podcast recently— a quick educational chat to help educate listeners on different Bitcoin topics.
Their first topic for discussion was Bitcoin nodes — you can listen to the episode rather than read about if you’d prefer! 🎧
Many people in the Bitcoin industry have different definitions or opinions on nodes, but put simply, a node is a piece of software that you download and run (e.g. Bitcoin Core) on your computer, much like any Windows, Linux or Mac software.
People running nodes are participants in the Bitcoin network and will start off with a full copy of the blockchain, taken from day 0. …