Bitcoin Resources

I am often asked “where is a good place to learn more about bitcoin?” Or “what bitcoin-related products or services do you recommend?” This page is my attempt to provide links to some of those resources.

CAUTION! As always happens when some new, successful technology is invented, there are literally hundreds of SCAMS, FRAUDS, CRAZY SCHEMES and just downright REALLY BAD INVESTMENT “OPPORTUNITIES that have recently popped up in the cryptocurrency and blockchain space. I really don’t want to see my friends and family get caught up in these terrible things, but sadly, a few of you already have.

As I write this in June, 2017, I think it’s safe to say that 98% or more of the new cryptocurrencies (“altcoins”), startups and so-called “initial coin offerings” (ICOs) that have launched since 2016 are doomed to fail. Many (maybe even most?) are outright evil attempts to defraud people. Others might be well-intentioned, but have no hope of succeeding. And of the top 4-5% of really solid projects with fantastic leadership teams and great ideas–including some of the ones I mention below–even the majority of those will likely fail. For example, I have my doubts about the long-term viability of Ethereum, which is the current darling that some analysts are predicting will overtake the total market capitalization of Bitcoin in 2017. That might actually happen, but I don’t think it will be the case in 5 years.

This state of the technology in this space is much like the Internet in 1994, while the investment hype around it is much like the dot-com boom of 1998 or 1999. The bust is coming, no doubt. And from that, a few big winners will emerge and thrive. I am confident Bitcoin itself will be one of the winners, and I’m putting my own money where my mouth is (as a long-term play–I’m not a short-term trader). But even Bitcoin still has to be considered a high-risk investment. The best of the best alternative crypto/blockchain investments are even higher risk. And everything else is basically a bad lottery ticket, in my humble opinion.

Again, the opinions expressed here are solely my own. I could certainly be wrong. Nothing on this page should be taken as investment advice. Do your own research. Think for yourself!