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Federal Government Selling Bitcoins

February 18, 2015
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If the webpage didn’t say www.usmarshals.gov in the address bar, it’d look like a poorly disguised scam. The page, which looks like it came out of the 1990s (no SSL either for a government website?) is offering 50,000 bitcoins for sale, an amount worth $11.8 million at current market prices. This sealed bid auction is […]

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A Payments Christmas Carol

February 16, 2015
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The leather was already stretched to the max, but I had managed to squeeze my health insurance card in there last night. Now as I approached the subway turnstile I would suffer the consequences. With my wallet in my left hand, I gripped the tip of the metrocard with my right to try and yank […]

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A Bitcoin Moment

February 1, 2015
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I had a moment recently. It was late at night and I was ready to hit the hay. “Oh wait, there’s something I need to get out of the way,” I told myself. I had kept delaying the purchase of a new printer cord to replace the one I mangled. It was time to end […]

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ACH is the Annoying Little Thing We Can’t Live Without

January 19, 2015
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A few months ago I paid an invoice via ACH. The vendor was used to getting paid by check and didn’t accept credit cards. When I mentioned the funds would be paid overnight, they got excited but were suspicious. Would there be a fee to receive the money like a Fed wire might? “Nonsense,” I […]

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Confessions of a Bitcoin Miner

December 18, 2014
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bitcoin mine

If you’re even vaguely familiar with Bitcoin, you’ve probably heard that you can mine them. It’s one of Bitcoin’s most unfortunate pieces of jargon because it sounds like a scam. We can’t mine U.S. Dollars so there’s no frame of reference for what enthusiasts are talking about. We can mine gold and silver of course, […]

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How to Use Bitcoin

December 8, 2014
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The best way to get comfortable with bitcoin is to just try using it yourself. Even though there are many technological, mathematical and confusing layers to bitcoin, the currency aspect of it is by far the easiest to use and understand. With that said, here’s how you can dip your toes in and become a […]

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My Satoshi Monday

December 3, 2014
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bitcoin center nyc

Call me brave, batshit crazy, or deBanked in the modern era. Earlier this week I wound up at the Bitcoin Center in NYC, a place I didn’t really believe existed. They supposedly host events downtown by Wall Street every Monday and Thursday nights with free alcohol and food. I don’t believe it, I thought. I […]

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My Journey to Bitcoin

November 30, 2014
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Count me amongst the libertarians, anarchists, and digital lunatics. I made an online purchase using bitcoin… and it was insanely easy. The first person I shared my experience with was a friend who works in automotive manufacturing, someone who operates outside the world of alternative finance. He thought I was crazy or rather he was […]

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