Bahamas’ currency intends to expand into digital money. The Commonwealth of the Bahamas established the Bahamian dollar (BSD) as legal tender in 1966, replacing the British Pound Sterling (GPB). The Bahamian dollar pegs to the U.S. dollar (USD) on a one-to-one basis. The Central Bank of the Bahamas started providing Bahamas currency as the… Read More »
What is Ethereum? | The Ultimate Beginners’ Guide
Ethereum is an open-source blockchain-based platform that essentially enables hundreds of decentralized cryptocurrencies and projects to be built and deployed exist without having to build their own blockchains. With the second largest market cap in the cryptocurrency world, Ethereum has drawn a lot of attention from investors and crypto enthusiasts alike. Ethereum not only presents… Read More »
Should You Accept Your Wages in Bitcoin?
Even the most diehard Bitcoin evangelist struggles to answer this question. OK, maybe not the most diehard. But there are a lot of “believers” in the world’s first cryptocurrency who wouldn’t accept their wages in Bitcoin. Why not? Well, calculating taxes (not to mention, back taxes) on Bitcoin is pretty much a nightmare. It’s banned… Read More »
Bitcoin Mining: Risks and Rewards for Entrepreneurs
Blockchain technology is already starting to have a major impact on the business world, creating entirely new industries. Bitcoin mining is quite possibly the most interesting and profitable of these new opportunities. Whether you’re an entrepreneur on a budget or have a large supply of capital to spend on a mining operation, here are some… Read More »
What is Riot Blockchain ($RIOT)?
Riot Blockchain Inc. ($RIOT) is the first NASDAQ listed company that focuses exclusively on bitcoin and blockchain-based companies. Our very own Doug Polk interviewed an advisor (joined October 2017) to Riot Blockchain and took a dove into several key points that make Riot Blockchain what it is today. Riot Blockchain Company History Riot Blockchain as… Read More »
The Best Bitcoin Wallet Reviews for 2018
Amidst the buzz and excitement of the Bitcoin community, the occasional headline of an exchange getting hacked makes every Bitcoin user’s stomach churn. One of the biggest concerns many of us have is getting our Bitcoin and other cryptos snatched right underneath our noses by hackers. But a crypto-burglar might not even be your worst… Read More »