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GUIDES

Explore Bitcoin Magazine’s Guides category – expert tips, tutorials, and insights to master Bitcoin, blockchain, and investing.

GUIDES

What Is Proof Of Stake?

Conor -
Proof of stake (PoS) is an inferior consensus protocol to Proof of Work. It’s chosen by cryptocurrency founders as a way to decide which user or users can validate new blocks of transactions, without being constrained by a physical cost.
GUIDES

Liquid Bitcoin Versus Wrapped Bitcoin

Jaime Garcia -
Develop a clear perspective of the differences between Blockstream’s Liquid-Bitcoin (L-BTC) and Wrapped Bitcoin (WBTC) on Ethereum. Both have clear advantages and disadvantages.
GUIDES

What is hyperinflation and how does it happen?

Joakim Book -
“Gradually, then suddenly,” goes the Hemingway trope about going bankrupt that Bitcoiners have so enthusiastically adopted. When crypto exchanges, stablecoins and banks are collapsing...
GUIDES

What is Money?

Conor -
Money is crucial to regulating our lives and economies. Here’s an essential guide to understanding money and its role in today’s economic system.
GUIDES

Unit of Account: A Comprehensive Guide

Conor -
Unit of AccountUnit of account is the thing that measures the value of goods and services. It's an essential function for something to be...
GUIDES

Store of Value: A Comprehensive Guide

Conor -
Store of ValueThe concept of a “store of value” refers to goods that are capable of retaining or increasing their worth over time rather...
GUIDES

What is a Medium of Exchange? A Comprehensive Guide

Conor -
Medium of ExchangeAs society’s structure and organization became more complex over time, the need for an evolving monetary system arose from the limitations of...
GUIDES

How To Use The Foundation Passport Batch 2 To Secure, Mix Your Bitcoin

Economalchemist -
This guide explains how to use the Foundation Devices Passport Batch 2 hardware wallet for securing and mixing your bitcoin.
GUIDES

What Is a Bitcoin Paper Wallet?

Conor -
A paper wallet is an early method used to protect bitcoin offline. Better methods have replaced it, but people still use paper wallets to store bitcoin safely and inexpensively.
GUIDES

What is a Bitcoin Wallet? A Guide to Storing Bitcoin

Conor -
After you receive bitcoin, you’ll need to store it in a secure digital wallet. This guide helps you understand what a wallet is and how there are different wallets to suit your needs.
GUIDES

What is a Multisignature (MultiSig) Wallet?

Conor -
A multisig wallet is a special type of wallet for securely storing your Bitcoin. 3-5 signatures are typically required to access the stored Bitcoin.
GUIDES

Bitcoin Price History: 2009 — 2025

Conor -
Bitcoin’s past performance can help you understand where its value is heading. Here’s bitcoin’s price history delineated since its inception.
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