So Bitcoin took a serious nosedive in 2014. At under $300, it looks bad for the people who got into Bitcoin in 2013 when you could sell one for $1000. Obviously not a very good ROI, but what if I told you that things are not entirely hopeless yet? People are talking about the silver … [Read more…]
I remember the first time I heard about this little cryptocurrency called Marscoin. It was created by a few future Martians for a future Martian economy. My honest first reaction was, “Okay, this may be jumping the gun a little bit, but at least somebody’s thinking ahead.” Like most cryptocurrencies, it doesn’t rely on banks … [Read more…]
So I might have mentioned a few times that I like cryptocurrencies. They’re pretty easy to use if you can copy-and-paste a string of letters and numbers. Transaction fees are low to nonexistent for most cryptocurrencies, so they can really save retailers a lot of money and it’s not hard for them to pass those … [Read more…]
What’s the best way to spark a discussion about cryptocurrencies on the Mars Society Facebook group? Apparently, one way is to post about a Thunderclap I’m running to promote another blog entry. One person promptly asked if I thought Marscoin could do away with the need for banks on Mars. That’s a totally reasonable thought. … [Read more…]
Cryptocurrency enthusiasts are already doing a lot of good things. Bitcoin miners donated over 51 Bitcoin to an organization that helps African children who have been orphaned by AIDS. The Dogecoin community has helped cash-strapped athletic teams get to the Olympics and raised money to bring clean water to an African village. Marscoin has made … [Read more…]