An Update on the Litecoin Explosion

First, go join http://www.reddit.com/r/cryptocurrency. The reddit /bitcoin community has long been my home, but since I’ve become convinced that LTC is a winner, I have realized that the bitcoin community is too narrow minded for a real crypto-currency discussion. I like /litecoin as well, but I am worried they will develope a similar closed-mindedness down … Read more An Update on the Litecoin Explosion

3 Reasons Why I Now Like Litecoin

Litecoin is a branch off the Bitcoin project. It’s essentially the same as bitcoin with a few interesting and distinct features. For one it features Scrypt-based mining which is more difficult for ASIC and FGPA miners. Secondly it boasts a quicker transaction confirmation speed which simultaneously allows for quicker transactions and an overall greater total … Read more 3 Reasons Why I Now Like Litecoin

How Popular is Bitcoin? How Big is the Bitcoin Economy?

This post was inspired by and will include an excellent discussion on the Bitcoin channel for Reddit. This post will be an attempt to calculate how many people use Bitcoin, what percent of the world that is, and how that number compares to numbers of users of other currencies such as the Euro, dollar, yen, … Read more How Popular is Bitcoin? How Big is the Bitcoin Economy?

Past and Present Alternatives to Bitcoin

As a matter of theory many current monetary thinkers, especially in the Austrian school of economics or those involved in the bleeding edge of technology including Bitcoin, have long anticipated competition to Bitcoin. We see the competition as good and healthy in the long term because competition usually fosters quality over time. This article will … Read more Past and Present Alternatives to Bitcoin