Commentary

The Bitcoin Bowl’s Impact – Bits & Pieces #6

The Bitcoin St. Petersburg Bowl
On December 26, 2014, two college football teams will face off in the world's first ever Bitcoin Bowl, sponsored by BitPay. How cool is that? Thousands of football fans across the nation will watch the game on ESPN and ought to start seeing Bitcoin as more important that they originally thought. Many may even be introduced to cryptocurrency for the first time. It's clear that this can only be a fantastic thing for Bitcoin. If ...

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Bitcoin Will Tank On Bitcoin Black Friday! – Bits & Pieces #5

Black Friday is by far the biggest shopping day of the year. I used to enjoy waking up at the crack of dawn to face the crowds, but that was years ago. These days, I enjoy skipping sleep altogether as most stores open Thursday night. The funny thing is, I often come home empty-handed, and it's not because I get in line too late. I think it's because of how much I hate spending money. ...

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How to Destroy Bitcoin – Bits & Pieces #4

We love Bitcoin. A lot. So why would we want to destroy it? Well, for the most part, we don't. But if you've listened to our weekly podcast before, you may have heard us chatting a few times about how the only thing likely to displace Bitcoin is something better. So today, I'm talking about what could be better. If we really did want to destroy Bitcoin, how should we design an ultimate new currency? ...

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What the Fork? – Bits & Pieces #3

The word 'fork' gets tossed around a lot in the Bitcoin world. Many people use it to mean different things. In today's edition of Bits & Pieces, I'll try to explain what Bitcoin forking is all about. In the ancient years BC (before cryptocurrency), forking referred to changing a program's source code and creating a new, similar-but-different program. The differences could be as significant or as minor as desired. Today, in most computer-related contexts, the ...

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Multisignature at Coinbase! – Bits & Pieces #2

In the future, I'll probably avoid writing about two topics so similar, two weeks in a row, but events worked out darn near perfect this time. Last week, I described how multisgnature Bitcoin addresses work and why they are so useful. Just two days later, Coinbase announced a new feature called Multisig Vault. You can now control your own keys when using Coinbase and the company has no ability to run off with your protected ...

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Multisignature – Bits & Pieces #1

Welcome to this first edition of our new weekly Bits and Pieces column! I've decided it might be interesting to start posting some short and simple thoughts on specific topics. If a week's topic needs any definition or explanation, I'll provide it, then I'll throw in my own opinion. All in 500 words or less. Maybe slightly more today, accounting for this intro. Here we go! So for our first topic: multisignature. What the heck ...

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Will Bitcoin Recover from MtGox’s Collapse?

MtGox has been having some serious issues recently. I will summarize for those who may not know yet, but my primary goal here is not to describe every detail. Rather, I want to respond to these events and explain what I think it means for the future of Bitcoin. The exchange rate has already

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The Evolution of Music and Money

By guest contributor, John Stuart Hey all, my name is John Stuart. I’m an avid music fan with a passion for Bitcoin. There may not seem to be a whole lot of overlap between the two, but I hope to change that by the end of this article. I’ll stick to talking mostly about music, because that’s what I know, but I’m going to try to relate everything to Bitcoin. I hope you find it ...

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