SHARE
← Back to articles
SHARE

The 8 Rules of Bitcoin Club

September 19, 2017 6:17 pm Published by

Based on the popular movie ‘Fight Club’ starring Brad Pitt, we thought it would be fun to introduce the rules for the Bitcoin Club.

1st RULE: You own at least SOME bitcoin at all times.

2nd RULE: You own at least some bitcoin at ALL times.

3rd RULE: Only sell bitcoin because you want to spend the money now (save the rest for long-term profit).

4th RULE: Buy small amounts of bitcoin regularly to accumulate more.

5th RULE: Wait for people to ask you about Bitcoin, don’t force it on them.

6th RULE: You happily share why you are interested in bitcoin (ask if they’ve heard of it, tell them you’ve been learning about it, and then send some cool content).

7th RULE: When you sell or spend your bitcoin, you do so with a reputable provider, because you’ve heard of way too many scams and you’d rather be safe than lose your bitcoins.

8th RULE: Stay up to date about bitcoin personal finance (because it is our future).

Security 101: Staying safe in today’s digital world

Gone are the days of safe deposit boxes and padlocked filing cabinets full of personal documents. Today, our increasingly digital world means information and possessions that were previously physical are now much more likely to be stored online. In fact, a 2015 study found that 42% of respondents created more than 50 new personal profiles… View Article

How Singapore is becoming a crypto-hub

When it comes to cryptocurrency adoption, the Asia-Pacific region is way ahead of the curve. The likes of South Korea, Hong Kong, China and Japan were early adopters of crypto and blockchain technology; now, Singapore is quickly emerging as a world leader in the mainstream adoption of digital currency. Regulatory Stance The Monetary Authority of… View Article

Who’s afraid of the big, bad FUD?

Cryptocurrency has experienced something of a reputational rollercoaster in recent years. Its peak came in December 2017 when the value of Bitcoin hit a high of $19,783.06. Of course, it’s not all stunning highs and media accounts of millionaires made overnight – extreme market volatility means lows too. Since the start of 2018, the reputation… View Article

Secret Mining Society – are your devices being cryptojacked?

Cybercrime takes a near-infinite number of forms. As technology advances, criminals develop novel and ingenious ways to exploit vulnerabilities. Wirex Staff Writer Gemma Doswell takes a closer look at the insidious art of ‘Cryptojacking’. A brief history of hacking Hacking first emerged as a malicious term in the 1970s, when early hackers (known as ‘phreakers’,… View Article