Featured Articles
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Bitcoin’s Energy Usage
If you want to know how much energy the entire Bitcoin network uses, a quick google search will enlighten you before you can break a sweat. It’s currently about 96 terawatt-hours per year, according to this Cambridge university index (https://ccaf.io/cbeci/index). This is because Bitcoin is immensely transparent about its energy usage; since the blockchain is […] More
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Explaining Mining – The Filing Cabinet Method (pt.2)
In the previous article, we talked about some potential hurdles to Bitcoin adoption in the language barrier and explored a potential way we could remedy the problem. We talked about he filing cabinet method, a way of employing metaphors to pull from pre-existing mental resources rather than asking the learner to create an entirely new […] More
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Bitcoin Adoption – The Language Barrier (pt.1)
There are many barriers between Bitcoin and its mass adoption. One such barrier is understanding. Understanding Bitcoin is not an easy task because it’s not just a case of memorising propositions; it’s more a case of formulating a perspective that results from the intermingling of many understandings. The recency of Bitcoin’s invention has caused many […] More
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Digital Ownership – Is Bitcoin Real?
Ownership is a concept that requires the presence of intersubjective consensus; I own this car because that piece of paper says that I do, and the justice system believes in this piece of paper, and society believes in the justice system. Ownership is just the result of a series of cascading agreements. It’s a participatory […] More
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Tech Reviews
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Bitcoin Basics – How to store your Bitcoin securely
If you hold Bitcoin on an exchange (FastBitcoins included), all you own is an IOU and if something bad happens to that exchange, then they may not have any Bitcoin to actually give you. The beauty of Bitcoin is that you do not need trusted third parties, you can be self sovereign and take custody […] More
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Bitcoin Tech Review – Coldcard cold storage, a Bitcoin hardware wallet
Time for a security upgrade?
Find out why the Coldcard hardware wallet is so popular with Bitcoiners. More
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What is Dollar Cost Averaging?
What is dollar cost averaging and why is it so popular among Bitcoiners? More
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A simple view of inflation – don’t let your savings vanish into thin air!
Are your savings losing value over time?
Discover what inflation is and how you can protect your savings from melting away.
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The FastBitcoins Library
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Book Review – The Cryptopians
You may have already gathered that ‘crypto’ is not a word regularly used at FastBitcoins, mainly due to it being a catch-all term for Bitcoin and alt-coins whereas we hold the opinion that they’re two very distinct and different things. You can read our ‘Why Bitcoin only?’ blog to find out more about that. So, […] More
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Book Review – The Creature from Jekyll Island
Very occasionally you read a book that answers so many questions, questions you didn’t even fully realise you had. But how is that possible? The questions are things you’ve thought about often but maybe have had no answer for and assumed it’s the status quo, it is what it is. Some examples from an incredibly […] More
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What’s in the FastBitcoins Library?
We often get asked to recommend a good book about Bitcoin, but there is no one book that will help someone understand all of the various aspects of Bitcoin from the design and technology to the game theory, history and economics of it all.
Here are 10 books to get you started! More
