If Bitcoin and other cryptocurrencies were to disappear tomorrow, what legacy would they leave behind? I can think of three main impacts: First, Bitcoin raised awareness of the flaws in fiat money, the superiority of sound money, and the potential Read more…
I needed to perform this operation because I had a Trezor Model T with a lost recovery seed and a bad display. When I plugged it in, I saw the LCD backlight lit up, but nothing showed on the screen. Read more…
Every day, I get 10+ Bitcoin wallets that someone “forgot” the password to. Some are worth a few Bitcoin while some have 100,000 (or more!) Bitcoin. They all have three things in common: There haven’t been any transactions in a Read more…
This article by “Crypto Anonymous” claims that Tether will bring a crypto “doomsday.” The author makes many good points in building his case, yet the overall conclusion is less than the sum of its parts. Here’s the short version of Read more…
Billions of dollars in Bitcoin are stolen every year. If you’re a victim of Bitcoin theft or a scam, read this article first. I will tell you why all “stolen Bitcoin recovery” services are scams, and what you should actually Read more…
I’ve seen people lose their Bitcoin in every way imaginable, and I want to help you avoid the most common mistakes. Are you thinking long-term? Will your storage medium last 10 years? Will your family be able to access it Read more…
Multibit was one of the better Bitcoin wallets between 2011-2016. However, in 2019, both Multibit Classic and Multibit HD have been abandoned by its owner Keepkey and are no longer supported. If you still have Bitcoin in your Multibit wallet and Read more…
Rejected transactions are disappointing, but it’s better than the alternative: having your transactions in limbo for weeks, or thinking that your transaction was accepted when it was not. A “the transaction was rejected because it is too large (in bytes).” error Read more…
There are valid reasons to criticize Bitcoin, but price volatility is not one of them. Why does the price of Bitcoin change so much from day to day? The answer is simple: the value of Bitcoin derives almost entirely from speculation Read more…
Here are the five most common cryptocurrency scams my customers ask my help with: 1: Fake mining contracts: “mining contracts” which offer fantastic payouts, such as doubling your money in 10 hours (see screenshot below). After sending the “mining company” Bitcoin, they Read more…