The Netcoins Blog

It is often said when we look back on our lives, we’re able to connect the dots. This rings true as I reflect on what we’ve accomplished at Netcoins in just the first six months of what has proven to be a challenging year for all. I’d like to share part of the journey with you that has helped get us to this exciting inflection point.

Fungibility is great when you want to trade one unit of value for another. An ounce of gold is worth the same amount whether you have it in the form of a gold bar or a bunch of gold coins. That’s the way it should be. However, there are times when holding a non-fungible asset is more ideal.

Serious cryptocurrency investors looking to hedge their bets within the cryptocurrency world would be well served to learn how to buy Ripple in Canada. In this post, you’ll learn several reasons why.

We take a look at the 20 best cryptocurrencies to trade in 2020. From the original Bitcoin to up-and-coming digital currencies you haven't heard of.

Our breakdown of several Bitcoin phone scams across Canadian provinces in recent weeks. Stay safe and protect yourself from common phone scams.

There are now 8948 crypto and Bitcoin ATMs worldwide, with Canada hosting the second highest number of any country after the U.S.

To many Bitcoin Cash enthusiasts, owning and using Bitcoin Cash coins is much more practical for making day-to-day payments and doing business. If you’re considering purchasing BCH and adding it to your portfolio, this piece will help you decide whether or not Bitcoin Cash is really the better way to go before you invest in it.

We take a look at the 20 best cryptocurrencies to trade in 2020. From the original Bitcoin to up-and-coming digital currencies you haven't heard of.

Litecoin stands as one of the earliest iterations of an altcoin and its coding structure is very similar to that of Bitcoin. It's time to explore the ‘lighter’, more efficient and less costly version of digital gold, see what digital silver is all about, and learn how to buy Litecoin in Canada.

It’s been a long time coming for Canadians looking to hold on to a digital currency pegged to the Canadian dollar. The moment is finally here. It’s now time to learn how to buy QCAD and officially use a Canadian stablecoin as an on-ramp to the broader crypto market.

During the Roman Empire, Emperors would tinker with the money supply through a process called “coin clipping.” They would collect coins from their people and mint them into newer coins with less gold or silver content, for profit. Eventually, too many coins existed, which devalued their worth and made it difficult for Roman citizens to survive. Thus began the fall of the Roman Empire. It would be wise to go back in time and learn from the money mistakes made by one the greatest empires of history. Only in this way, will we avoid repeating their same downfall.

Learning how to buy U.S. Dollar Tether tokens (USDT) is the next level move for investors ready to go beyond Bitcoin and consider other options. Why is that? It’s because it is a stablecoin. It’s designed to offer crypto investors a safe haven from the volatility of the open market without having to trade their Bitcoin or altcoins back into their national currency.

More Canadians are entering the world of Bitcoin, and that’s great for Bitcoin adoption, but more importantly, it's great for Canadians' wealth in the long-run. That said, those just getting started deserve more than their fair share of empathy as learning the basics of how to buy Bitcoin in this country can certainly be overwhelming for somebody who is still new to the layout of the Bitcoin landscape.

The beauty of digital gold and all of the altcoins arriving on the scene nowadays is that they are completely borderless. They can be spent anywhere by anybody without fear of censorship or restrictions. As crypto adoption continues to spread across the globe, the number of options for spending Bitcoin will continue increasing exponentially.

A fork has nothing to do with what’s for dinner. It has to do with changing the technical aspects of a blockchain and essentially creating a new or better version of an existing digital currency. Forking is playing a major role in the evolution of the entire blockchain industry.

The essence of Bitcoin existed centuries ago. The Rai stone of the Yap island (now known as the Federated States of Micronesia) was a form of money from centuries ago that most resembles Bitcoin. The success of these stones as a form of money lasted for centuries because the Yapese understood a basic economic concept most of us don't: when money becomes easy to produce it loses value and eventually its role as money.

The world of crypto can be daunting to many, especially due to its associations with scams and money laundering. So it’s important to get into the space armed with the right knowledge.

As the world continues to live in isolation in a global effort to flatten the curve and slow the spread of COVID-19, it’s becoming quite clear that more and more people are putting their faith in Bitcoin and digital currencies over the stability of big banks.

Digital currency is only one use case for the blockchain. The reality is, blockchain technology and other exciting decentralized tools like smart contracts are revolutionizing product and service offerings across many different industries and verticals.

Each time a Bitcoin halving event has occurred, it seems to have eventually had a positive effect on the price. That’s why even the most novice investor who is still developing their initial interest in all things Bitcoin is primed and ready to get into the market. All of that being said, there is so much more to this third Bitcoin halving event than just the appreciation of Bitcoin’s price. Read all about it here.

There are many reasons to buy Bitcoin right now. Uncertainty is rampant during the COVID-19 crisis period. This crisis is not one based on finances, but rather a complex biological threat to human health and safety, unlike the 2008 economic downturn. With no clear end in sight, the only financial moves that can be made are ones predicated on heavy speculation. From private citizens, to small businesses, massive corporations, even the government itself, everyone is left to speculate on what’s to come in the financial realm and what should be done about it. So with that in mind, here are 5 reasons why Bitcoin is a good option in the midst of all the uncertainties in 2020.