Crypto-enthousiast dad with an aim to try to inform readers of new and interesting projects, upgrades and updates to projects and of course any news of interest on the Crypto spectrum.

6 most famous Bitcoin myths

2 May 2020 3 minute read 0 comments MichDon

Bitcoin has been around for quite some time now, but myths remain around the king of cryptocurrencies. We list a number of myths surrounding the largest crypto coin and blockchain technology. 1. Bitcoin & Blockchain are the same No, that is certainly...

Bitcoin and the Austrian School: What About Inflation?

1 May 2020 4 minute read 6 comments MichDon

Last week I wrote an article about bitcoin (BTC) and the Austrian school where the essence of the Austrian philosophy is discussed. The movement has also been compared to the Keynesian school and we have seen why Bitcoin and the Austrian school go to...

The true value of Bitcoin cannot be expressed in relation to FIAT

25 Apr 2020 4 minute read 25 comments MichDon

The simple truth is that Bitcoin will be an important pillar in the global financial system. In my opinion this is a matter of time and not whether this is going to happen. You may find this a bold statement. But if you step back and observe some mac...

Bitcoin and the Austrian School: Economic match made in Vienna?

25 Apr 2020 4 minute read 7 comments MichDon

Once you have bought your first bit of bitcoin and have fallen into the proverbial rabbit hole, it is inevitable that you will eventually come across the Austrian school. This economic movement dates from the late 19th and early 20th century and orig...

Coins, Altcoins and tokens, what is what?

24 Apr 2020 3 minute read 0 comments MichDon

Let's start by understanding the definition of cryptocurrency. Cryptocurrencies are digital or virtual currencies that are encrypted (secured) using cryptography. Cryptography refers to the use of encryption techniques to secure and verify the transf...

The gambling market is one of the most important places for mass adoption of crypto

23 Apr 2020 3 minute read 2 comments MichDon

Digital currencies have become increasingly popular in recent years. There are thousands that can be used for different purposes. Most, however, have the primary purpose of functioning as a digital payment method. The main difference with ordinary fi...

New Bitcoin economy threatens traditional markets

21 Apr 2020 2 minute read 2 comments MichDon

A recent study published on the blog of Oxford University Law Faculty. states that bitcoin (BTC) trading should be strictly regulated. The reason? If the trade in bitcoin and other cryptocurrencies is released, it can be dangerous for the "real" fina...

Be warned: The pump and dump explained!

17 Apr 2020 3 minute read 9 comments MichDon

Pumps and dumps, words that we often encounter in the crypto world. But why and where does it originate? Perhaps more importantly, how do you recognize the phenomenon? An explanation of the pump and dump A pump & dump is often associated with a compa...

Break up Bitcoin (BTC) transactions via Lightning Network for large amounts

16 Apr 2020 1 minute read 0 comments MichDon

Bitcoin developers announced multi-part payments for the Lightning Network. This update makes it easier to send larger amounts of bitcoin (BTC). These functionalities were previously announced and are now in LND 0.10. LND is the application of Lightn...

Masternodes, a way to generate passive income

16 Apr 2020 5 minute read 0 comments MichDon

A nice and interesting way of investing in crypto can be: investing in the right Masternodes can be a nice way to generate passive income with cool technology. A few months ago I came into contact with this and in the meantime I have done a lot of ho...