With all the media attention on Bitcoin, many people are left with questions about the new digital currency. What is Bitcoin? Where can I get it? What makes it better than other forms of payment currently available? Can hackers “mess with the system” and steal my money? Could the original programmer change the rules and take everyone’s money? What’s to keep bitcoin from crashing and being worthless when I wake up tomorrow?
These basic questions and many others can be answered by perusing the sites listed below:
Basic Bitcoin Information
Bitcoins.com – This site provides a comprehensive overview of bitcoin. It is a great place to start when learning about what bitcoins are, how they work and how to open a bitcoin wallet.
“Why Bitcoin Matters” by Marc Andreessen – Marc Andreessen is a founding partner of the venture capital firm, Andreessen Horowitz, who recently invested $25 million in San-Francisco-based bitcoin exchange, Coinbase. This is the largest investment in a bitcoin company to date.
We Use Coins – This is a great resource for people who still have reservations about the security of Bitcoin. The site lends credibility to the crypto-currency market.
Bitcoin.org – Bitcoin.org provides basic introduction to bitcoin and its uses.
Intermediate Bitcoin Information
Crypto-Coins News – This site contains breaking news in the crypto-currency and bitcoin market.
Coin Desk – This site provides thought-provoking articles. As bitcoin gains global acceptance, Coin Desk will be a go-to spot for up to date information on bitcoin. This is one of my favorites: How Cash Would Be Seen by the Media If Invented Today.
Bitcoin Magazine – One stop shop for updates on technical developments, political regulations, and breaking bitcoin news.
Advanced Bitcoin Information
Keiser Report Video – Max Keiser and Stacey Herbert explore the possible uses of block chain technology in a mind-blowing video that includes information about colored coins, stock applications and master coins.
The Genesis Block – This site provides invaluable information for bitcoin miners and investors. I love the mining calculator, which allows you to compare market and hardware parameters to determine rate of return.
