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Edward Cafarella
@edward-cafarella
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Crypto Enthusiast
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2019-01-03 23:27
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edward-cafarella
bitcoin
7y
Why is Bitcoin so popular?
Bitcoin was the first cryptocurrency using blockchain technology to ever be created. Each following cryptocurrency has taken ideas and systems from what Bitcoin is and paved their own unique path by doing
$ 0.000
4
1
edward-cafarella
bitcoin
7y
Bitcoin Halving
As of writing this post, the Bitcoin network is approximately 177 days away from halving the mining reward. This is fundamentally important to the underlying value of Bitcoin. We know by design of the
$ 0.000
3
edward-cafarella
brave
7y
!
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Basic Attention Token and Brave Browser
Are you frustrated with ads popping up while browsing the web? Brave Browser agrees and set it's mission to relieve you of ads while rewarding you with BAT(Basic Attention Token) for viewing these
edward-cafarella
bitcoin
7y
!
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3 Countries tell IMF they want to issue bitcoin bonds
Afghanistan, Tunisia, and Uzbekistan all told the IMF they are interested in issuing bitcoin bonds. The IMF mentioned that this was possible to do, however suggested that they start with a
edward-cafarella
bitcoin
7y
!
Low reputation account with an unverified outbound link, Reveal content
Bitcoin reaching $50k is a conservative estimate
According to an article on Cointelegraph, Ryan Selkis, CEO of Messari stated his opinion on a conservative estimate of bitcoins valuation. He backed it up saying that millennials will be receiving inheritance
edward-cafarella
eos
7y
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EOS getting a Washington DC HQ??
Dan Larimer, EOS developer and leader in the space made a statement that he has an announcement coming in June. Watch this video by Everything EOS to see all the connections that lead us to believe that
edward-cafarella
bitcoin
7y
Bitcoin Price Rally
Overnight the price of Bitcoin went up ~15% and is now hovering around the $4700 mark. This matters because it breezed through key resistance points at $4200 and $4500 with ease. In my opinion this rally
edward-cafarella
bitcoin
8y
JPM Coin
Recently, JPMorgan announced that it will be launching it's own cryptocurrency named JPM coin. About 2 years ago JPMorgan CEO Jamie Dimon called bitcoin a "fraud" but now is competing with it.
edward-cafarella
bitcoin
8y
Raising adoption and awareness of Bitcoin
When it comes to a technology like Bitcoin it's no surprise that it generates a lot of buzz and yet most people exposed to it have no idea how to use it. The best way to help a newcomer learn the ropes
chbartist
mindset
8y
edward-cafarella reblogged
Why is Learning Astronomy a Character-Building Experience?
Hi, dear Steemians! Men of considerable wisdom and venerable esteem have often talked about the beauty and magnificence of learning astronomy and how it can be a humbling experience for those who embark
edward-cafarella
bitcoin
8y
Bitcoin is only valuable in a dystopian environment - says JP Morgan
"We have long been skeptical of cryptocurrencies' value in most environments other than a dystopian one characterized by a loss of faith in all major reserve assets" says JP Morgan analyst and
edward-cafarella
bitcoin
8y
"Bitcoin is not a concern" - says Senior advisor of Bank of England
Huw van Steenis, senior advisor to Bank of England stated that bitcoin is not on his list of concerns. Here are the three things he criticized about it. Not a great unit of exchange They don't hold value
edward-cafarella
bitcoin
8y
The Separation of Money and State
Throughout human history, money has been created by governments and banks while interest rates have been controlled by central authorities. When a government has the power to create currency and control
edward-cafarella
bitcoin
8y
End the Fed
The federal reserve has existed since 1913 and has since devalued the dollar over 95%. In a little over 100 years our money has consistently lost purchasing power which hurts consumers the most. As a result,
edward-cafarella
bitcoin
8y
BItcoin is safer to use than traditional money
Online shopping has become a huge industry and to avoid having sensitive information banks, credit card companies, and websites have to utilize a ton of security features and even then it doesn't guarantee
edward-cafarella
bitcoin
8y
The importance of decentralization
The world we live in is increasingly controlled by corporations and governments, sometimes working together, and the individual is left with less options to deal peer to peer and more middlemen with any
edward-cafarella
bitcoin
8y
Bitcoin as a hedge against inflation
By it's nature, bitcoin has a limited supply capped at 21 million that will be reached in the year 2140 and as of now there are about 17 million in circulation. Due to there being a limited supply the
edward-cafarella
bitcoin
8y
Setting up a wallet and controlling your bitcoin
By far the most important action you can take when getting into the bitcoin ecosystem is to understand the following concept. Your keys = Your money What this essentially means for you is that you need
edward-cafarella
bitcoin
8y
Why the price of Bitcoin isn't important
For most people new to the crypto space, it's easy to get hooked by the huge upswings in price throughout 2017 and the downward trends through 2018. Crowds of people entered the market willing to invest
