In this post, I am going to cover how to spend bitcoin online and the five best places to do so in 2019. Not only am I going to show you how to spend bitcoin online, but more importantly, WHERE to spend bitcoin online. If you have never made a bitcoin transaction before, please review my earlier post that explains how to do this. As mass adoption starts snowballing, and we’ve already seen evidence of this by way of Whole Foods, and other major retailers coming on board to to accept cryptocurrency as payment, people are starting to look at…
Author: Zach
In this post, I am going to go over the top 3 altcoins to invest in 2019. You may be wondering, “Why would I be interested in altcoins when bitcoin is the king of crypto?” What is the best cryptocurrency to invest in now? Although it’s a fair question and bitcoin has dominated the market cap and literally created the cryptocurrency industry, there is plenty of development and utility with specific altcoins that bitcoin does not address. Additionally, the way most people accumulate bitcoin is by investing or trading in altcoins to then convert the gains back into bitcoin. Although…
In this CryptoSteel Review, I am going to cover a few things that you may not see on any other reviews. This mainly consists of the quality of the product and if you have any other options out there to consider for an indestructible recovery seed backup. As a promoter of hardware wallets and complete offline cold-storage solutions, this was a no-brainer for me to try out for myself. After all, I had recently met with a friend who was moving and found that his recovery seed was destroyed because it was in a toiletry bag and some shampoo leaked…
“Craig S. Wright Gets Patent On Bitcoin White Paper And Code” … This is what I read when I got out of the shower and I thought to myself. “How is this possible?” The code is open source, you can’t hold a patent on it. It turns out I am right and you cannot do that. This is an insane attempt to “prove” to the world that he is something that he is not. As I learned after I read this, anyone can register for a patent, and in order to dispute it, you have to fight it in court.…
In this article, I am going to go over the 4 best monero wallets to store your Monero (XMR) offline in (2019). As an advocate for privacy, I strongly believe in the value proposition of this coin. Monero is a unique flavor of privacy and being able to have coins on a blockchain, while still remaining completely anonymous and untraceable. This coin has been in and around the top 10 market cap for the past several years and is currently hovering around number twelve at the time of this writing. The problem we’ve had for a while is the fact…
In this article, I will tell you how to store your Tezos on the Ledger Nano S. As an investor in Tezos since the ICO, I have really studied what makes this a true market differentiator. This has a true consensus and a self-amending ledger, which is really powerful. This means that no matter what, there will not be a “fork” of the network and will not have to worry about a network split. The downside is, you cannot split off and have people follow you and start a new version of this blockchain. What is built here will be…
In this article, I will review Shapeshift’s brand new platform! I’ve always been a fan of ShapeShift, and in fact, Erik Voorhees is one of the inspiring figures that helped get me into the crypto space to begin with, as we share a lot of the same fundamental philosophies on freedom and liberty. That’s why I was thrilled and honored when I was asked to join the private beta to test out the new platform, especially since I have a KeepKey and I use it frequently to manage my crypto on a regular basis. It did not disappoint. **Keep…
In this review, I will go over all 3 primary hardware wallets and see the show down of KeepKey Vs. Trezor Vs. Ledger. People always ask me when they realize they need to start taking their private key security seriously is “Which hardware wallet should I buy?“ This questions has been presented to me hundreds, if not thousands of time, and there is no one real “clear” answer. It ultimately depends on which coins you want to store and how you want to access them. Do you plan on trading your coins often? Are you simply just trying to “buy…
Nordstrom Nordstrom and Whole Foods to accept cryptocurrency payments directly. It has come. The first big announcement coming from Consensus this week in New York, and it’s a big one. One of the newest payment processors called Flexa has launched and is partnered with Gemini, which is a large bitcoin exchange based out of New York and is underpinned by it’s own ERC-20 token called Flexacoin. How does it work? You pay for your items using Flexa’s app, Spedn, which generates a QR code that you scan at the checkout register. The merchant receives immediate payment in dollars, and the…
In this article, I will go over how to invest in and trade cryptocurrencies. Cryptocurrency is a hot topic these days, especially with volume and steam picking on on price this week picking up over $7,000 per bitcoin. How many times have we heard stories of people becoming overnight millionaires and, at the same time, stories of people who lost hundreds of thousands of dollars hoping to make a quick buck? So, if you are looking to invest in crypto in a safe manner, then this guide is for you. The purpose of this guide is to help educate individuals…
In this article, I will dive deep in the Trezor One Review: Is the original still the best? Trezor One is the original hardware wallet. What does that mean exactly? This was the first physical manifestation of the “hardware wallet” for bitcoin offline security and was introduced to us from Satoshi Labs in 2014. This device is a small, trapezoid shaped device with a small OLED screen and 2 mechanical buttons which are used for confirming or denying transactions. This is also used for generating your recovery seed during your first time setup, but we will address that a little…
In this article, I will go into depth of the Ledger Nano S Review: 7 things you need to know before you buy it. The Ledger Nano S was the first (but definitely not the last) hardware wallet I ever bought, and the experience actually led me to create this website as I started learning more and more about crypto security. It was the second hardware wallet that came on the scene after the Trezor One device and implemented a new security structure and a new form factor to try and compete directly with the only trusted hardware wallet at…
Massive Bitcoin Stash of 40,000; Bitcoin Whale Moves $229 Million For Only 57 Cents. As reported on May 1st, 2019, a bitcoin whale has moved over 40,000 BTC or over ($212 million) moved from one address (bc1q9sh6544xls87x7skjzyfhkty4wq7z76vn7qzq9) to another (bc1q5shngj24323nsrmxv99st02na6srekfctt30ch). There are some theories floating around on Twitter as to who the whale is. Some people have speculated on Twitter that the whale is Bitcointalk user “Loaded” who is a well-known poster on the forum. Loaded is as well-known for his posts on the forum as he is for his stash of 40,000 BTC. Further theories floated around on the…
What are STO’s? The massive rise of ICOs throughout 2017 and early 2018 was unprecedented and brought about an entirely new method for raising enormous sums of funding in mere minutes. However, the sheer volume of ICOs that turned out to be scams, didn’t deliver on their promises, or ran out of funding before releasing a product led to the precipitous decline of the ICO in the latter half of 2018. The power of blockchain-based tokens to create more flexible financial assets and instruments did not dissipate though. Decentralized finance (DeFi) is on the rise, with financial instruments from collateralized…
What is Proof Of Work Vs. Proof Of Stake | How Does It Work? If you spend enough time in the crypto-community and you’ll witness debates over Proof of Work (PoW) and Proof of Stake (PoS). Fans of PoW will argue that it’s the transaction system Satoshi Nakamoto had in mind for cryptocurrencies. Those in favor of PoS, on the other hand, will argue that mining is outdated, inefficient, and insecure compared to staking. So you might be wondering, what’s the difference, is one actually better than the other, and why is it better? Well like most things here at…