Cryptocurrency
Bitcoin’s Dirty Secret That Could Kill Us All
Bitcoin. The cryptocurrency-turned-galactic-buzzword has a big problem and it has nothing to do with devaluation.
Just so we’re all on the same page, let’s start with some background. If you’re already a blockchain and crypto-mining wizard, feel free to scroll on down.
The Blockchain — and other cool facts you can whip out at a neighborhood cookout
Bitcoin and other crypto coins rely on the core idea of the blockchain. Oh yeah, I know you’ve heard of “the blockchain.” Yet another buzzword that surrounds all things cryptocurrency. You probably heard Dave toss around the word at a barbecue and if you ever thought “oh that’s too confusing for me,” well, here’s an explanation in easy-to-understand, tech-jargon-minimal form.
Cryptocurrencies and the blockchain are a method of moving away from old, archaic methods of transaction processing that hinged on a central organization like a bank that takes care of money balances and transfers. Cryptocurrencies decentralize that process and move away from the central big-bank players by…
