Crypto Scams: An Overview – Part 2 This article is a continuation from the Crypto Scams: An Overview – Part 1. What are more of the most common crypto scams? Social Media Scams Fake Giveaways Fraudulent Exchanges Blackmail Scam and Ransomware Fake Cloud Mining Social Media Scams Social media scams may attempt to impersonate a […]
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Crypto Scams: An Overview – Part 1
One of the biggest problems in the crypto and blockchain industry preventing mass investment today are rampant scams. These scams entice investors with false promises of “getting rich quick”, tricking investors to give up passwords, credentials, and seed phrases, and use other nefarious methods for profit. What are some of the most common crypto scams? […]
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Bitcoin Lightning Network
Blockchain technology is gaining momentum through the augmentation of its various applications and use cases. We are entering a unique era in the timeline of the world’s first and most renowned cryptocurrency, Bitcoin. The Bitcoin Lightning Network is the next iteration of Bitcoin. Bitcoin provides a low-cost method for sending remittances globally and serves as […]
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Bitcoin Mining
My Bitcoin Mining Experience *** I want to preface this article with a disclaimer. Crypto mining is not easy. If you think you can just plug in a machine, leave it running, and get rich quick, you are mistaken. Mining requires daily discipline, planning power requirements, regular temperature checks, noise considerations, managing heat output, tweaking […]
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Crypto Mining
What is Crypto Mining? Crypto mining is the process of providing computer processing resources to a crypto network in exchange for a reward. To get a little more technical: As financial transactions occur on crypto networks, blocks are created which contain the transactions. These blocks need to be verified before they are added to the […]
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The Characteristics of Money
Characteristics of Money A couple months ago, a friend recommended a podcast episode by Lex Fridman. This specific episode entitled “Philosophy of Bitcoin from First Principles” featured Robert Breedlove, a freedom maximalist, ex-hedge fund manager, and philosopher in the Bitcoin space. Robert Breedlove co-authored a book in 2020 called Thank God for Bitcoin: The Creation, […]
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Bitcoin & Blockchain
The True Value of Bitcoin & Blockchain I remember back in 2017, a friend of mine was talking about investing in Bitcoin. I hadn’t heard much about Bitcoin other than the FBI shutting down the Silk Road black market and subsequently confiscating most of the Bitcoin. Working as an IT professional, I focused more on […]
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