We Predicted the Death of Ransomware in 2017. Oh, Time Machines. We first wrote about Ransomware attacks in Tech Essentials in 2017 – back when a Bitcoin was valued at $1800 (oh, the good old days). The crux of the article was that many victims were paying their ransom to the cyber perpetrators, but they did not have an easy way to track and reconcile who paid, and m [...]

Now Let’s Really Start The 2020s 2021 may now be well underway. The government is starting to drop more money from helicopters, potentially trillions more upon the trillions already. I am not sure what this means for the Bitcoin crowd (I won’t bore you with my speculation on this unless you ask…). But, we at RPost and Tech Essentials are a hopeful bunch, and as I wrote in an  [...]

Bitcoin has Forever Expanded the Market of Currency Speculators, Perhaps the Fundamental Change that will Support Crypto-Currencies into the Future Main street is certainly paying attention to Bitcoin, as just days after it dropped precipitously, it bounced to new highs — incredible highs. And, with people comforted that they can sell their Bitcoin and convert it back to cash with a few clicks from their iPhone while sitting at the beach, they are comforted (and pleasantly surprised [...]

Has Bitcoin Become Mainstream? The lure of remarketing may kill anonymity in crypto-currency transactions. Online shoppers paying with Bitcoin may have been expecting this crypto-currency to shield their identity. They may be disappointed to learn that merchants are not protecting their identity. In some cases, they are even selling it. A recent Princeton University study revealed that Bitcoin transactions can be tracked through a combination of co [...]

In today’s financial circles, there is quite a bit of buzz around “blockchain” technology and its myriad of possible future applications. Is blockchain here to stay or is it just hype? Bitcoin, a crypto-currency built on “blockchain” technology, gained its following among the niche techie crowd that was interested primarily in transacting across border anonymously. With Bitcoin, the hype cycle began in late 2013, with marketplace technology that made the crypto-curren [...]