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Showing posts from February, 2022

Entry #2 Bitcoin

 Like most people, I don't know much about Bitcoin, so I decided to look into it.      Bitcoin is a cryptocurrency that has taken the world by storm for the last 5 or so years. The idea behind bitcoin is that transactions are between 2 people without a middle man, which reduces transaction fees. But if there is no middle man why are their fees to begin with, you might ask? Well, this is due to the unique nature of crypto and the blockchain. The "Blockchain" or system of computers that complete these transactions takes a small fee. But since it's a decentralized currency, these computers can be run by anyone. This creates a unique system of checking to ensure that no one can hack and steal bitcoin because every transaction is stored on every computer on the blockchain (Investopedia). https://www.investopedia.com/news/how-bitcoin-works/   So why is it so valuable? Bitcoin is valuable because of scarcity, there will never be any more bitcoin. Due to this, the price...

Blog Entry #1

Blog Direction      Blogs can be very hit or miss, because of the freedom the author has they have the power to make or break a blog. Things like structure, design, topics, and rhetoric have an effect on the reader. Even the greatest blogs can be overlooked because they are poorly designed. I, therefore, decided to look at other blogs to find what I enjoy. One of the blogs I looked at was Engadget, which is all about new technology and entertainment. It does a great job of compiling news that's hard to keep up with. The thing I took away the most was the variety of objective and opinionated writing. Sometimes I just want to know the facts and sometimes I want someone else to tell me what to think. https://www.engadget.com/ Fast company is a place to look for professional news and advice. Although I'm not their demographic, they do have very well-structured articles and some topics that are genuinely very interesting.  Such as  https://www.fastcompany.com  w...