everday I concern myself with big ideas & elegant solutions

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Thoughts on Bitcoin : Part 3

A lot of talk has been about the value of bitcoin (in relation to $ especially). A whole ‘bitcoin’ currently sits at around $940, where as 2 years ago it was worth a few dollars. This massive growth has caused many to view bitcoin as an investment and have dived in without researching the whole Read More

Thoughts on Bitcoin : Part 2

Bitcoin was released in 2009 by an anonymous developer called “Satoshi Nakamoto” as an Open Source piece of software (so anyone can download the source code and read through it themselves). As a peer-to-peer distributed network, it uses cryptography to secure the units on the network. This mechanism allows a secure transfer of funds to Read More

Thoughts on Bitcoin : Part 1

As with all new technologies, there tends to be an over-simplification that the mainstream media use. This tends to cause the public to focus on one area and this has happened to Crypto-Currencies over the last 2 years or so. Bitcoin was the first and therefore, the most used & well known, but what I Read More

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