Bitcoin is a complex subject and there is an enormous amount of information to sift through and make sense of. Unfortunately, there is also a lot of misinformation, scams and alike on social media platforms, so we wanted to share the best sources to learn about Bitcoin.
But first, the news.
- Central Bank Digital Currencies: A Technocratic Fallacy
CBDCs are antithetical to Bitcoin and represent repression as opposed to freedom.
This week, Bitvice’s co-founder Brandon van Niekerk had his article about Central Bank Digital Currencies published by Bitcoin Magazine with a monthly readership of ~2million people. CBDCs are bigger than most think. They are the fundamental mechanism for the ‘Great Reset’ in our eyes and will affect close to everyone on this planet in a plethora of ways.
If you have haven’t read it yet you can check it out here for all the details including:
- What are the problems with the current monetary system?
- What are CBDCs?
- What problems are CBDCs solving?
- What is the cost of all of this?
- CBDC vs Bitcoin
2. Bitcoin’s price has reached a new ATH (All Time High)!
There’s nothing much to be said here, because you probably already knew that
R1,000,000 a Bitcoin incoming in 3…2…1
This week was one of the biggest financial milestones for Bitcoin. Since 2013, a Bitcoin ETF has been trying to make its way into the markets, without any success. But, this week we saw the launch of the first Bitcoin Futures ETF. The ETF reached $1Billion in volume on its first day, the 2nd highest for any ETF in history!
Van Eck has also just successfully passed its ETF submission and their Futures ETF will also launch next week. They have been trying since 2017/18.
We think this will be a good topic to write about soon, as there are many negatives about this ETF when looking at it from a Bitcoiner’s viewpoint. But that’s for another day.
The next best thing after Bitcoin would be a Bitcoin-settled/spot ETF, where Bitcoin is physically settled. Keep a lookout for these in the coming weeks and if they enter the fray, expect some exciting times in the Bitcoin price.
The best ways to learn about Bitcoin FOR FREE
There are a lot of paid courses in the market to learn about Bitcoin, with many offering empty and ‘plastic’ certifications.
The best way to learn about Bitcoin, in our eyes, is to join the community on Twitter and try to engage with them on a regular basis.
There are also quicker ways to learn about Bitcoin, for free. No need to pay any scammers. Below are some of the best courses one can take to effectively learn about Bitcoin’s fundamentals at your own pace.
These are our top-rated resources:
The Bitcoin for Everybody course is our best-rated rates course that covers everything from Bitcoin economics, investment, philosophy, and history, as well as its technical and practical components. We cannot recommend it enough.
They have a variety of resources that you can watch/listen to ranging from 10 minutes to 3 hours or you can choose to read the material. Spend half a day and cover some really great information in a short period of time.
Best Bitcoin People to follow on Twitter
This site showcases the best Bitcoin people to follow on twitter based on their community feedback and ratings. There are so many scammers out there and one needs to be very selective with who they choose to follow and learn from.
Jameson is a Bitcoin security expert and aims to make it easier for people to take custody of their Bitcoin and manage their private keys. Check out his website for a range or different resources to help you learn about keeping your Bitcoin safe.
Continuous, uncensored videos from the top Bitcoin ‘OG’ educators and thought leaders.
Bitcoin Magazine has 2 million readers per month and has been around since the beginning of Bitcoin’s ascendence. They share quality news and information to help you navigate the Bitcoin world on a global scale.
This site compiles a wide range of educational material and is a great way to help you navigate your way through all the different resources on your Bitcoin learning journey.
And of course, Bitvice. If you’re unsure about anything whatsoever, you can always email us and if you need, you can contact us to set up a call. That’s why we are here – to help you learn about Bitcoin and more importantly, secure it for the long-term.
It’s exciting times ahead with Bitcoin breaching its All Time High. We do not know where the price is going in the short term, but we do know where it is going in the long term. The market might become extremely volatile & exciting and all we can say is:
– If you have a game plan, stick to it without emotion.
– Bitcoin is a long-term game and most who try the short-term, lose.
– Make sure your security on your Bitcoin is tried and tested. If you can spend 24 hours without worrying about your Bitcoin’s security, you’ve done it right.
– If/when you sell in the future, remember tax, tax, tax. Luckily, Bitvice provides you with clear and concise reporting.
And of course, enjoy the rollercoaster that is Bitcoin!