Scams
Patrick P.
Avoid these Bitcoin scams!

Before you buy digital currency, please take a moment to read through this list and educate yourself on the type of scams affecting Bitcoin and ATMs. Awareness of these frauds is the best form of prevention.

Sean Coonce's story: How $100,000 was stolen using his phone number

In the linked article, a BitGo engineer describes in detail how $100,000 worth of crypto was stolen from his Coinbase account using his phone number! Via a SIM porting attack, an adversary can call up your mobile carrier and (pretty easily) get your phone number switched to their device. Then, by using the common password reset feature of most online accounts, the attacker can take control of any account linked to your email and not secured by 2FA. A MUST READ on how to better protect your online activities!

Riding the wave, part 2: Choosing your own fees for fun and profit!

With a little experience you can customize your own transaction fees and potentially save yourself a significant amount of bitcoin over time. If you have an urgent payment need, you can also pick a fee likely to be confirmed within the next block or two, without overpaying.

How to donate cryptocurrency to help Venezuelans right now

How to donate cryptocurrency to help Venezuelans right now

Venezuela is in serious economic and political crisis, with millions of the country’s citizens fleeing to nearby countries due to widespread food shortages and crime. A major contributor to the problem is the gross mismanagement of the national currency, leading to hyperinflation of the Venezuelan Bolivar. Bitcoin and other cryptos are being used on the fringes to preserve wealth and provide an alternative means of trade.

This coin-neutral article by the Zcash company describes several options for crypto donation that can have a real, direct impact on Venezuelan lives. As always, do your own due diligence before contributing.

Why We Love Bitcoin

Why We Love Bitcoin

We all know bitcoin and other cryptocurrencies have the potential for major price gains in the future, which attracts a lot of popular interest. However, that’s not the main reason many of us in this industry dedicate our lives to this experiment in decentralized trust. Read further for my list of reasons why we LOVE Bitcoin and crypto.