If you’re a cryptocurrency user or someone who is thinking of making a crypto purchase for the first time, you’ve likely heard of Coinbase. Launched in October of 2012, they have the distinction of being one of the first United States-based platforms to allow for the quick and easy purchase of Bitcoin via a bank transfer. At that time it was a huge step forward for the industry because many people were still wiring money to offshore exchanges when they wanted to buy Bitcoins. Having a simple purchasing platform in the United States was a game-changer for a geographic market that is now home to one of the world’s largest concentrations of crypto users.
Crypto twitter is one of the most dynamic and engaging online communities you can find. It’s full of enlightening discussions of (possibly) the most important economic breakthrough of the 21st century. It’s also simultaneously filled with frauds, shills, and shitposters. Searching for signal in this noise can be tough, but if you’re willing to put in the time you can build a great list of the best crypto Twitter accounts to follow.
As the biggest e-commerce platform in the world, many people have speculated on when (or if) Amazon.com will accept cryptocurrencies for payment. This would likely be a huge boost for the retail ecosystem of the crypto space as a whole. Unfortunately though, there is no official timeline from the company on whether or not they are considering payment options.
Editor’s note: This is the furthest thing from financial advice you will ever read. Do not make any decisions with your money based on the words below. And, if you do decide to learn more about Bitcoin and other cryptocurrencies, remember to never invest more than you can afford to lose.
Many people who have heard about cryptocurrencies still have questions about what exactly they are used for. Wrapping your mind around how Bitcoin works is one thing, but understanding all the possible use cases for the 1000+ other cryptos and altcoins is an entirely different animal.
Just kidding. Daily news doesn’t drive Bitcoin’s price. Stop falling for stuff like this.