Yearly Archives: 2015


Introduction This article will give you a thorough introduction to what Bitcoin is, how it was created, how it works, what gives it value, and how it differs from regular national currencies, especially in the context of Keynesian and Austrian economic theory. In the end there is also a brief account of what the […]

1. What is Bitcoin?





Introduction This article will explain the benefits for merchants to accept bitcoin payments compared with payments using cash or credit/debit cards. When a customer pays with bitcoin the merchant receives the payment in full directly, just like with cash, but bitcoin is more secure than cash since there is no risk of accidentally accepting counterfeit money. Compared […]

4. Benefits for merchants to accept bitcoin