The History of Bitcoin

The History of Bitcoin In 2009, Satoshi Nakamoto released Bitcoin, the first decentralized cryptocurrency on the internet. It is still unknown whether Nakamoto is a single person or a group of people, or if he is even alive anymore, but that was the alias that the creator went by. In 2010, Nakamoto completely disappeared from Bitcoin’s operations after having mined…

What is Causing the Recent Drop in Bitcoin Prices?

What is Causing the Recent Drop in Bitcoin Prices? Bitcoin’s value has dropped significantly in recent weeks, with a price of just $35,000 per coin at the time this is being written, down from an all-time high of $63,000 just a few months ago. This collapse has taken place in part as a turnaround against the sudden rise at the…

Paper Wallets vs. Digital Wallets

Paper Wallets vs. Digital Wallets Paper wallets are pieces of paper that contain the keys for one’s Bitcoin address. They are completely offline, and the only way to get access to that account would be if someone found that piece of paper and scanned it. Digital wallets are online accounts that hold Bitcoin. They have much more functionality, but are…