Bitcoin faucets have traditionally been a popular way for newcomers to Bitcoin to get their first small amounts of Bitcoin. Find a good faucet rotator and you could theoretically earn a decent amount of Bitcoin by remembering to hit the faucets every hour or so.
One potential problem with this, though, is that faucets are sometimes accused of being scams designed purely to earn advertising fees for the owners with no intention of ever actually paying out.
Continue reading “Are Bitcoin Faucets A Scam?”
With multiple Bitcoin hard forks, or splits of the Bitcoin blockchain into two, looming on the horizon, it’s easy to get caught up in the hysteria and be scared of what will happen to Bitcoin (and its price).
Continue reading “Should I Sell My Bitcoin in 2018 – Or Should I HODL?”
When Satoshi Nakamoto (pseudonym) came up with the bitcoin concept in 2009, he may not have envisioned that in less than a decade there would be more than 800 other cryptocurrencies, all gearing towards global freedom from FIAT currencies.
And as this journey continues, Africa must not be left behind in the financial revolution and evolution of our times. When history is being written, and when it shall be read, it would be important that Africans do not become a loose thread in the economic fabric.
Continue reading “Top 5 Reasons Africans Need to Learn Bitcoin and other Cryptocurrencies”
Can the Government Shut Down Bitcoin?
According to the law of the land, the government of any country holds the ability to enact any number of prohibitive legislation that applies or relates to any behavior or activity.
Legislative reforms like these are used by the government to distinguish and control activities that are legal from those that are banned or regulated.
Speaking from a strictly technical viewpoint, the 2012 European Central Bank Report on Virtual Currency Schemes of late 2012, states that there is no legal argument preventing nations from regulating or banning virtual currencies.
Continue reading “Can the Government shut-down Bitcoin? What This Means to You”