Archives

What you need to know about Cryptocurrency: Final Chapter

Final Chapter – Return to Basics “Bitcoin 101” I have heard that many of you still feel totally confused by Blockchain and Bitcoin.  Since we have only brushed the surface of those topics that is understandable. I strongly recommend you visit these four sites and download the pdf documents. To gain a basic understanding of […]

What you need to know about Cryptocurrency: Part 6

Part Six – Cryptocurrency as a Disruptive Technology        The business meaning of “disrupt” is “to change the traditional way that an industry operates, especially in a new and effective way: “Dell Inc. disrupted the traditional way of selling computers by switching to the internet.” Taken from: http://dictionary.cambridge.org/dictionary/english/disrupt        These articles do more than discuss banking system disruption.  They also provide a window into the underlying animus of […]

What you need to know about Cryptocurrency: Part 4

What follows is a list of those that have, by many accounts, the largest impact on bitcoin and blockchain in 2016.  It is a direct cut and paste from the CoinDesk web site.  If you continue to expand your knowledge of cryptocurrency you will run into these names and more.  This list is just a […]

What you need to know about Cryptocurrency: Part 3

A Crypto-Currency Primer Part Three – Cryptocurrencies As of July 5 there are 805 traded cryptocurrencies.  Below you will find a list of the top ten cryptocurrencies by Market Cap as of mid-morning July 5, 2017:   source: https://coinmarketcap.com/all/views/all/ The top six listed cryptocurrencies.  Bitcoin – Bitcoin is a cryptocurrency and a digital payment system invented by an unknown programmer, […]

What you need to know about Cryptocurrency: Part 2

A Crypto-Currency Primer Part Two – Definitions (From Wikipedia except as noted) A good understanding of a topic starts with a frame of reference.  In this case that frame is a list of definitions for terms emanating from the marketplace of cryptocurrencies. Yes, this can be tedious, but it is necessary to begin to understand […]

What you need to know about Cryptocurrency: Part 1

This is a primer on Cryptocurrency.  It is a five-part series written by Bob Petersen that will continue weekly.  It is our goal to start your education in Cryptocurrencies so that you have a basic understanding of this relatively recent, alternative currency. Introduction and Overview The world of fiat currency is being, at least to […]