How to Explain Bitcoin to Your Family This Thanksgiving
You’re sitting at the Thanksgiving table, and your aunt is going on and on about where she is going to shop on Black Friday. When she mentions Target, your cousin remarks that her credit card was stolen in their data breach a few years ago. You quickly say, “That wouldn’t have happened if you used Bitcoin,” which leads to an awkward silence. “Isn’t that....
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This year, come prepared to explain the asset that has everyone from famous financiers to political dissidents talking about a money revolution.
Experts explain how to address common questions newcomers may have regarding bitcoin and the blockchain space. With Bitcoin's (BTC) recent price movements drawing fresh attention to the blockchain industry, conversations centered around cryptocurrency have once again begun to see an uptick. Google Trends data shows that searches for the term “Bitcoin” have increased to yearly highs following the asset's rally above $19,000. Given the current circumstances, discussion centered around Bitcoin, general questions about blockchain and cryptocurrencies may come up at the Thanksgiving table. Yet....
Today across the United States, the masses are celebrating the annual Thanksgiving holiday tradition. In the past, the holiday has acted as a catalyst for the final phase of the Bitcoin bull run. To celebrate the holiday and the ongoing cryptocurrency bull cycle, we are looking back at the history of Bitcoin price action over the years to try to predict what is to come next. Please Pass The Bitcoin The tradition of Thanksgiving began in 1619, which celebrated the annual harvest ahead of colder winter months. Rather than allow crops to spoil, there was a large feast that sometimes lasted....
A family of four will embark on a three week bitcoin-only road trip over the Thanksgiving holiday. Expenses such as food, gasoline and lodging will all be paid for with the crypo-currency as they journey from Texas to California, Nevada, Colorado, and Missouri. The goal of the Uncoinventional West Coast Tour is to "Inspire and empower the Bitcoin community to spend bitcoin on food, gasoline and lodging" says Catherine Bleish, Bitcoin author and creator of TheBitMom.com. This will be the second bitcoin-only road trip for the Blush Family this year. Last June, Catherine, her husband John....
With bitcoin in sight of its all-time high, your no-coiner family and friends are sure to be full of questions this holiday season. CoinDesk has the answers you need, courtesy of a few well-placed friends.