HiFi Bitcoin
HiFi Bitcoin

HiFi Bitcoin

My goal is to provide education on Bitcoin and related topics.


Volatility Is As Volatility Does

18 Feb 2024 2 minute read 0 comments hifi.bitcoin

2024 seemingly got off to a rocky start: after a long climb from a USD value of $16,000 in January of last year to nearly $46,000 during the first week of this year, Bitcoin experienced a precipitous drop, losing over ten percent of its value in USD...

Don’t Let Your “Cold” Wallet Get Too Cold

29 Oct 2023 2 minute read 4 comments hifi.bitcoin

I was intrigued this week by the latest story the mainstream media has sensationalized about people who get locked out and lose access to their Bitcoin holdings. The focus this time centered on a user from Bitcoin’s early days who forgot the password...

The U.S. Dollar - A Currency Backed By Theft

27 Oct 2023 2 minute read 4 comments hifi.bitcoin

An all too common criticism of Bitcoin throughout its history has been that “it isn’t backed by anything”. That criticism likely finds its root, at least somewhat, in the fact that fiat currencies, in their early days, were backed first by precious m...

Renewables? Better Call Them “Unreliables”

13 Oct 2023 3 minute read 7 comments hifi.bitcoin

Bitcoin’s energy usage is a common talking point and, curiously enough, both critics and supporters seem equally interested in making it, rather than the financial revolution Bitcoin is driving, the primary focus of every Bitcoin-related conversation...

The Lie Of The "Inflationary Wage Cycle"

11 Oct 2023 3 minute read 0 comments hifi.bitcoin

A lot of news in the United States recently has centered around large labor unions who have been working to achieve increased wages and improved working conditions for their members. Auto workers, actors, writers, and more are jockeying with the comp...

For Exchanges, Success Is All About Bitcoin

2 Oct 2023 2 minute read 0 comments hifi.bitcoin

No matter where attention in the “Crypto” space goes or how much adherents try to distance themselves from Bitcoin, no one can escape reality: Bitcoin is the elephant in the room that refuses to go away. Nowhere was this more obvious than in articles...

Bitcoin Is Money, Not A Commodity

29 Sep 2023 2 minute read 1 comment hifi.bitcoin

I recently read an article from a popular Bitcoin platform that was celebrating the 8th anniversary of the date when a U.S. regulator decided to call Bitcoin a commodity. The writer went so far as to herald the event as a “significant milestone” for...

Exchanges Go Lightning - Boom Or Bust?

18 Sep 2023 2 minute read 0 comments hifi.bitcoin

News has recently come up that some of the largest cryptocurrency exchanges in the world have integrated or are looking to integrate the Lightning Network with their platforms. In all honesty, the news is, or perhaps at least should be, unsurprising,...

A Brief Look At Bitcoin In Times Of Natural Disaster

16 Sep 2023 3 minute read 1 comment hifi.bitcoin

Over the years, I haven’t chosen too frequently to share events and stories from my life in this newsletter. Perhaps some of you prefer it that way, while maybe others wish I peppered in more personal anecdotes. Either way, a recent development in my...

All Hail The Bitcoin Spot ETF?

4 Sep 2023 2 minute read 0 comments hifi.bitcoin

The Bitcoin community is currently awash in excitement and hype over Bitcoin Spot ETFs. Understandably so, since a U.S. Court of Appeals recently rebuked the Securities and Exchange Commission (SEC) for its denial of a major cryptocurrency company’s...