bitcoin-philosophy

Bitcoin Philosophy 101

Aristotle was a smart guy, as Jessica Alling of Motley Fool points out, and he knew a thing or two about money. Specifically, he applied his intense powers of logic to determining whether or not money is “good money.” Alling applies this logic to Bitcoin. And the alt-currency does seem to fit Aristotle’s ideas. First…

How to Buy Bitcoins from Bitstamp

How to Buy Bitcoins at Bitstamp

Bitstamp is the second most popular exchange at the moment, after Mt. Gox. Bitstamp is based in Slovenia, but has a mailing address in Great Britain. Buying bitcoins on Bitstamp is pretty straight forward. First, you will need to set up an account at Bitstamp. Then you can transfer dollars or other currency to your…

How to Buy Bitcoins from Mt. Gox

How to Buy Bitcoins at Mt. Gox

Since Bitcoin launched, Mt. Gox has been the leading Bitcoin exchange. Their fees are reasonably low, and the volume and liquidity is very high. One issue with Mt. Gox at this time is that there is a lengthy verification process. You will need to upload proof of your identity and then wait for them to…