Monthly Archives: November 2018

The Need & the Folly of Bitcoin as Payment Method

Only Cash Makes Happy. Or Does It? Photo: Jonathan Saavedra (Unsplash) Will Bitcoin prevail as a means of payment and in which areas? Let’s first look at what Bitcoin sets out to replace: Credit cards. The process of paying by credit card for online purchases is more complicated than customers usually think. The procedure is the…

Read More

The Amazing Story of Cryptocurrencies Before Bitcoin

The fabric of digital dreams: Gold. Photo by Color Crescent on Unsplash What — you exclaim with disbelief. Cryptocurrencies before Bitcoin? Yes, indeed. Don’t get me wrong, Bitcoin was the first blockchain-based currency. But by far not the first purely digital money. That one has a colorful history of dreams, prosecution and failure. The misfits of cryptocurrencies delivered…

Read More