DeFi is one of the hottest sub-industries in crypto right now. The number of DeFi users is approx. 2 million and while that is still small compared to traditional financial standards, DeFi is growing fast. In the first quarter of 2021 alone, the total number of DeFi users grew by 50%, and over the summer […]
Author: Jack Dolby
Hi, I'm Jack. I'm a creative and technical writer in the cryptocurrency industry. I chose a career in blockchain because I believe that it is the technology that will have the biggest impact on and revolutionise the world as we know it. Being involved in that excites me. Although its easy to get caught up in the hype surrounding cryptocurrencies, I'm more excited to see blockchain realise its full potential and completely disrupt the legacy systems of the 21st Century. I've been in this industry for multiple years and I've worked for some of the biggest research and development companies as well as smaller, startup crypto projects.
In 2009 the world was introduced to Bitcoin. Bitcoin, unlike other currencies at the time, allowed us to really own and control value. We could send it around the world, use it for payments and transact peer-to-peer without a need for centralized intermediaries. Over time, Bitcoin’s best use case has been a secure store of […]
Something that sparks serious debate in the cryptocurrency industry is whether global digital currency adoption will be a net positive or negative for the world. Whenever I personally attempt to answer that question, it can appear as if I’m sitting on the fence. This is because I cannot give a concrete definitive answer. To those […]
With the latest surge in cryptocurrency prices over the past few weeks, non-fungible tokens, which peaked in popularity in the early months of this year, have started to go under the radar. For those unfamiliar with what NFTs are, they’re essentially digital tokens that can be used to represent ownership of unique items on the […]
As cryptocurrencies and blockchain technology become more widely adopted, a question on everyone’s mind is, “who will be the dominant store of value?”. At the moment, that title rightfully belongs to Bitcoin. After all, it is the best performing asset since its inception. It even returned ten times more than the Nasdaq 100 in the […]
In the crypto community, there’s been a long running debate about Bitcoin’s energy consumption. Some people argue that Bitcoin’s benefits outweigh its drawbacks. In fact, some people even believe that Bitcoin incentivises the advancement of cleaner, renewable energy. Which, in fairness, it does to an extent. However, extensive energy consumption is never ideal and when […]
The introduction of smart contracts offered truly immense and disruptive potential. Smart contracts enable developers to build decentralized applications, which can make traditionally unequal, opaque, and slow industries fairer, faster, and trustless. But the potential doesn’t stop there. It isn’t just applications and protocols that can run autonomously without any central control. Smart contract technology […]
Key Takeaway: Bitcoin has rallied to record highs only days after the first U.S. Bitcoin exchange-traded fund (ETF) was finally approved. The number one digital currency by market capitalization reached over $66,000 surpassing its previous peak of $64,000 back in April. And the recent surge in price means that since the start of the year, […]
Since its inception, Bitcoin has proven to be an amazing store of value. In fact, Bitcoin is actually the best performing asset over the last decade. And although its original purpose was to be used as a peer-to-peer decentralized digital currency, Bitcoin has found its niche as a store of value. Similar to gold, Bitcoin […]
Having an investment strategy is one of the most important aspects of cryptocurrency investing. Without a strategy, you’re more likely to make decisions that you’ll end up regretting in the future. You’ll also be more prone to making emotional decisions insead of operating based on logical reasoning. Most investors put off making an investment strategy […]