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UnderBitcoin
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I'm a bit concerned about the devaluation of the dollar which is why I've been following Bitcoin for awhile. There is a fixed amount of Bitcoin available - 21 million. I also think the smart contract nature of some cryptocurrencies such as Ethereum will help in the area of estate planning. http://www.understandingbitcoins.com/introduction-to-bitcoins/
Wow! Lately there have been many articles about how damaging to the planet the Bitcoin Proof of Work algorithm is. Thanks for doing this calculation. http://www.understandingbitcoins.com/introduction-to-bitcoins/
Toggle Commented Feb 11, 2018 on The Bitcoin Power Equation at Cubegeek
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At the time this was written, Coinbase wasn't as popular as it is now. The annual signups and members that Coinbase has have made it a powerhouse that GS should have acquired. It will only get more expensive as time goes on. http://www.understandingbitcoins.com/introduction-to-bitcoins/
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Do you think the smart contracts in Ethereum are going to change how estate planning occurs? Using smart contracts would be a good way to pass assets to descendents. Maybe something like this could be done with Bitcoin as well. http://www.understandingbitcoins.com/introduction-to-bitcoins/
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Feb 10, 2018