Say what? I think in web3 culture, saying that Bitcoin is not decentralized is an equivalent of making fun of someone’s religion. The kind of fanaticism the BTC community has is unparalleled. Before we proceed further, a few disclaimers. (A) I am a part of this fanatic community just with a little more open eyes. […]
Tag: bitcoin
Blockchains and Sustainability: How Green is Blockchain Technology?
Sustainable Business Management; Technology 5.0 And Sustainable Development Introduction: It won’t be wrong to say that blockchain technology has taken over the world by a storm. Thanks to the cryptocurrency realm and it’s massive success, blockchains are soon becoming a mainstream phenomena. While the likes of Bitcoin have garnered enormous popularity amongst the investors and […]
The Bitcoin Family: Man Who Went All-In
In the words of a renowned philosopher (talking about myself), Yes. A corollary of this would be what Steve Jobs used to say: “People who are crazy enough to think that they can change the world, are the ones who actually do”. After all, where would you draw the line? Insanity highly subjective right? But […]
What is Hash Function in Blockchain? How is it used in Proof of Work?
One of my friends is very bullish on cryptocurrency. He claims that it is the future of money and has the potential to change the world we live in. I couldn’t agree more. However, just like most of the speculators, he finds it annoying when someone talks about the underlying blockchain technology. He might be […]
Value of Money and Trust: How is Money Valuable?
Well, a couple of days ago, I wrote a post about history of money. As I posted that, one of comments in the comment section had a rather intriguing question. What would happen if all of us stopped trusting our currency? While trying to answer it, it took me good 250 words to do justice […]
Biggest Bitcoin Crashes: The Crypto Sphinx
I usually don’t believe in motivational quotes. However, there’s one that has been sticking in my head for a while now. It’s a dialogue from the movie Rocky (ft. Sylvester Stallone) It’s a very mean and nasty place, and I don’t care how tough you are. It will beat you to your knees and keep […]
8 Cryptocurrency Lingo You Should Know: Crypto Glossary
If you have been shot down as a FUD while criticizing cryptocurrencies, and you have no idea what that is, welcome to the club. You have come at the right place. This domain of finance is heavily influenced by a GenZ audience and as an inevitable outcome of that, crypto is full of memes and […]
What is Currency? Is Bitcoin there Yet?
How do you tell someone that you’re Indian without telling them you’re Indian? When they ask you what is money, you reply that it is “Haath ke mail”. Relatable much? Well, the generation of my grandparents despised money. The believed it to be a root of all problems. The next gen, my parents, didn’t actually […]
Is Bitcoin Dead?: Why is it tough to replace Bitcoin?
Ever since humanity began, multiple human needs took different shapes. One such need was of socializing. History suggests that there hasn’t been a single instance where homo-sapiens could thrive without a society. This is engraved in our DNA so deep that at times we push logical boundaries to conform with the norms set by these […]
How Bad is Bitcoin for Environment? The Impact of Bitcoin Mining
While everyone was busy conforming to the societal norms laid out since the 19th century, there was one person (or a group) called Satoshi Nakamoto, who decided to change how it all worked. About a decade later, we don’t need a proof of the fact that whatever he/they set out to do, is well on […]