Cryptocurrency Blog

Coinstop's Blockchain and Cryptocurrency Blog
5 Biggest Benefits of Bitcoin

5 Biggest Benefits of Bitcoin

If you’re reading this, we’re sure you’ve definitely heard of Bitcoin by now. But what you may not understand are the benefits to the cryptocurrenc...
El Salvador Makes Bitcoin Legal Tender: The Start Of A Domino Effect

El Salvador Makes Bitcoin Legal Tender: The Start Of A Domino Effect

In a major step toward global Bitcoin adoption, El Salvador has become the first country in the world to adopt bitcoin as legal tender after Congre...
Is Bitcoin's Energy Consumption Really That Bad?

Is Bitcoin's Energy Consumption Really That Bad?

Elon Musk recently performed a sudden U-turn on Bitcoin over concerns about its energy usage, saying his electric car firm Tesla will no longer acc...
Is It Too Late To Buy Bitcoin?

Is It Too Late To Buy Bitcoin?

In March 2011, the price of one Bitcoin sat at $1 USD. 10 years has since passed and that same Bitcoin is now worth $55,000 USD. As it continues in...
Your Money Is Losing It's Value & Bitcoin Is The Solution

Your Money Is Losing It's Value & Bitcoin Is The Solution

One of the biggest issues we face with the current financial system is inflation. As more money is printed, particularly in this new COVID-19 era, ...
Why You Don't Need to Be an Expert to Own Bitcoin

Why You Don't Need to Be an Expert to Own Bitcoin

Getting your first Bitcoin and managing your own assets might seem very daunting, but the world of cryptocurrencies has come a long way since its inception. It’s actually never been easier to get involved, and you certainly don’t need to be an expert to own Bitcoin!
What is the Bitcoin Halving?

What is the Bitcoin Halving?

Also referred to as halvening, to understand what the Bitcoin Halving means, you must first gain a firm grasp of Bitcoin’s infrastructure. As the term blockchain itself infers, Bitcoin is composed of data blocks that are cryptographically chained across network nodes. Each of these nodes, which is a network-enabled computer, contains the entirety of blockchain’s history of transactions. Currently, there are about 50,000 Bitcoin nodes.
How to Answer Your Family's Bitcoin Questions This Christmas

How to Answer Your Family's Bitcoin Questions This Christmas

  Christmas is only a few days away, and for many families, the Christmas dinner conversation will inevitably turn to the subject of Bitcoin. The ...
Why Bitcoin Is Important for the Digital Age

Why Bitcoin Is Important for the Digital Age

As the Internet revolutionised the dissemination of information, creating free and decentralised channels of expression, so did Bitcoin forever revolutionise the way we perceive money.
Should You Use PayPal to Purchase Bitcoin?

Should You Use PayPal to Purchase Bitcoin?

Last week PayPal launched cryptocurrency trading and payments in the United States. Customers in the U.S. can now buy, hold, and sell certain crypt...
Why the Trezor Is the Best Bitcoin Wallet for Long Term Storage.

Why the Trezor Is the Best Bitcoin Wallet for Long Term Storage.

The Trezor is the hardware wallet you choose to store Cryptocurrency for long periods of time.  If you're looking at storing Bitcoin for a retirem...