Bitcoin School

Welcome to the part of our website that we call the ‘bitcoin school‘ because this is where you can learn more about bitcoin. Please read through our educational posts about bitcoin and the blockchain. Educate yourself on bitcoin technology today.

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So what is bitcoin? Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros; they’re produced by lots of people running computers all around the world, using software that solves mathematical problems. It’s the first example of a growing category of money known […]

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Why you should use bitcoin and not just invest in it Bitcoin is a relatively new form of currency that is just beginning to hit the mainstream, but many people still don’t understand why they should make the effort to use it. Why use bitcoin? Here are ten good reasons why it’s worth taking the […]

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Worried how to store bitcoins? Bitcoin wallets store the private keys that you need to access a bitcoin address and spend your funds. They come in different forms, designed for different types of device. You can even use paper storage. It is important to secure and back up your bitcoin wallet. Bitcoins are a modern […]

Buy with Bitcoin

What to buy with bitcoins. More merchants are beginning to accept bitcoin in exchange for goods and services, although the best place to find them are still marketplaces and aggregator sites that gather large numbers of supporting establishments together at once. Spending your bitcoins What can you buy with bitcoins? We’ve told you how to […]

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Is bitcoin legal in South Africa? Bitcoin is of interest to law enforcement, tax authorities, and legal regulators, all of which are trying to understand how it fits into existing frameworks. The legality of your bitcoin activities will depend on who you are and what you are doing with it. Bitcoin has proven to be […]

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Bitcoin transactions are sent from and to electronic bitcoin wallets, and are digitally signed for security. Everyone on the network knows about a transaction, and the history of a transaction can be traced back to the point where the bitcoins were produced. Holding onto bitcoins is great if you’re a speculator waiting for the price […]

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No pick axe needed! In traditional fiat money systems, governments simply print more money when they need to. But in bitcoin, money isn’t printed at all – it is discovered. Computers around the world “mine” for coins by competing with each other. How does it happen? People are sending bitcoins to each other over the […]

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You want to mine bitcoin. But, how to start? There are three main categories of bitcoin mining hardware, each more expensive and more powerful than the last. This article explains each of them, and talks about how to make them work. By this stage, you will understand how bitcoin works, and what mining means. But […]

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Looking at Bitcoin as a value transfer system. Bitcoin vs Cash has been one of the many hotly contested topics in the bitcoin space over recent months. You may believe or support the notion bitcoin should take over the world by collapsing financial institutions and or governments. You may want bitcoin to remain underground and […]

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