Latest Stories
Most recently published stories in The Chain.
The Face of Bitcoin
The Bitcoin An unforeseen titan has proved to be mighty in the age of conspiracy theories and the dawn of the cryptocurrency market. Even the brightest financial advisors lay beneath its giant footstep, hiding under their desks, left pondering at the next move questioning whether they have invested wrong all along. Bitcoin mentioned in Yellin et al. (2013/2018) as the suspicious, unknown currency, which suddenly shocked the world. Following the stories of overnight millionaires made by the accidental stumbling upon old Bitcoin cyber wallets filled with millions of dollars in value (Yellin et al., 2013/2018). These are all similar stories found across the web following the Bitcoin creation in 2009. The origins are not precisely clear; as the currency unit climbs to over thousands of dollars a unit, the founder finally flagged under the likely alias Satoshi Nakamoto (Yellin et al., 2013/2018). Leading a wild goose chase in tracking this now mythical-like identity, which has mined over billions of bitcoin to only vanish off the face of the Earth. Who is this figment of a reality that is yet to be found after all this time? Now as the price of Bitcoin continues to skyrocket in price, the imminent need for a founder is in desperate demand. Who is this person who single-handedly has such an extensive collection likely prompting power and influence beyond belief? Elon Musk.
By James Lester 5 years ago in The Chain
A SPLIT SECOND CAN CHANGE EVERYTHING
The story is about the mysterious inventor of Bitcoin. I'll start with a quick overview of how Bitcoin works, before diving into the mystery of its inventor. Bitcoin is a relatively new digital currency that can be transmitted across the Internet. You can buy bitcoins with dollars or other traditional money from sites such as Coinbase or MtGox, send bitcoins to other people, buy things with them at some places, and exchange bitcoins back into dollars.
By Niloofar Tehranian5 years ago in The Chain
A Simple Plan
Another day, another dollar. Working a dead-end job is so normal now that it's seen as uncommon to have dreams and aspirations these days. Sad times. I pulled my ill-fitting, ugly uniform on for what felt like the millionth time. I had worked there for 16 years, yet never managed to save enough money to do anything I had wanted to in my younger years. Like going on holiday, buying a house, buying a nice car. I looked around my small, expensive rented apartment, how depressing. Reflecting, my time is quite easily split into 3 clear activities, work, sleep and computers. Then the next month, repeat... for 16 years.
By Fenix Lesoir5 years ago in The Chain
Satoshi the ninjas
I started learning about bitcoin when I was Googling about cryptocurrency. I remember that year very well. It was around April of 2016 when I looked at the value and saw that it was about 1000.00 USD per bitcoin. So, I did my best and researched what it was all about. I bought one Bitmain miner that hashed about 25 cents a day and I was amazed about the hardware and the software set-up.
By Waldo Yamada5 years ago in The Chain
