We are taking a thorough look at what’s happening in Turkey and what similarities it has with South Africa’s past, present and potentially, it’s future. The ANC is not the only corrupt government on this planet. Unfortunately, the fiat system has led central powers down a dark road where greed is endless, money printing is easy, and thus the fiat roads are all leading to zero. We can exit all of this madness. There is an incorruptible, uncontrollable, decentralized, scarce asset called Bitcoin, that is the complete antithesis to this all and the ultimate hedge against inflation.
You may have heard about the famous exchange hack on Mt. Gox where hundreds of thousands of Bitcoin were stolen from users. Bitcoiners learnt a very valuable lesson from that, and since then around 75-78% of Bitcoin is kept in cold storage, and off exchanges.
This wasn’t the last hack. There was one 2 months ago, on the Japanese exchange, Liquid, where around $80m in Crypto was stolen.
This is a topic most Bitcoiners have thought about, but few actually implement. The brutal reality of being a Bitcoiner at this point in time …
Bitcoin self custody is vital for anyone who wishes to remain un-cancellable and censorship resistant in their personal capacity. Cancel culture is running wild through our culture and Bitcoiners will be in the firing line sooner or later.
The Bitcoin ETFs are exchange-traded funds that track and mimic the value of Bitcoin. These are traded on traditional market exchanges and allow individuals and more importantly, institutions to indirectly invest in Bitcoin, without having to own or custody it themselves. In other words, the Bitcoin ETF will allow investors to seek return via the Bitcoin price, without actually owning the asset themselves.
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.
First of all you’re probably wondering if Bitcoin could possibly reach $1million? The short answer is yes, it could. The only real questions are how long would it take to reach that mark, how volatile will the journey be and how far will the US Dollar be devalued against what it is today?
A basic guide for Bitcoin self-custody. The do’s and don’ts of managing your private keys to ensure that you always remain in control of your Bitcoin. It is a vital step in the direction of self-sovereignty. Bitcoin was designed exactly for this method of ownership. Self-custody brings the promise of freedom, but requires that you take extreme ownership of the assets under your control.
Introducing a new instalment to our newsletters: Bitvice’s Bitcoin Basics.
For those that are new to Bitcoin we will be covering the basics in a simple, bite-sized way to help you learn more about this complex subject and to give you the tools to explain the topic to friends and family in a concise manner. This week’s topic: Bitcoin’s Blockchain.
Open networks are networks that do not require permission to build on top of, or use. These are inherently better than permissioned or closed networks guarded by gatekeepers, as the sheer volume of people able to access and build new innovations on the network dwarf any benefits given by a closed network.