his is my first blog on Bitly.dk and I want to write about what can be expected of blogs in the near future concerning various topics about cryptocurrency and the blockchain technology. There are so many questions to be answered that I’m not sure where to start. I’m very engaged and want to write about many topics immediately. But I must stay focused on the essential. The vision with the blog is also to create an overview for the readers. Looking forward I will pay a lot of attention to creating easy search functionality and categorize subject and questions as more blogs are added to the site.
To a large degree I also want input and suggestions from the readers of Bitly.dk, regarding the subjects I should blog about and what questions the readers want to be answered in my blogs. Therefore, please write me. I take all inquiries seriously and there is nothing such as a stupid question. Use the form at the bottom of the frontpage.
This world is surrounded with a lot of agreed slang expressions, technical concepts and an overwhelming number of products based on the blockchain technology, which is constantly emerging in the market. I’m therefore conscious about, that it can be difficult just to jump into a blog and understand everything which is talked about. I will therefore exclude my blogs for being too technical and in general write in layman's terms, whenever possible.
To a large degree I also want input and suggestions from the readers of Bitly.dk, regarding the subjects I should blog about and what questions the readers want to be answered in my blogs.– Dan R Aigens
Mood image from the hotel in Bangalore, where all of it started for me. The place where I became a Bitcoiner.
Top image is from Kerala in India, where I have family. India is my other country.
The coming blogs
So where do I start. Should the next blog be about concepts from this world, an update on the latest important development, the risk of getting into cryptocurrency or a prediction about the direction I believe the most interesting coins are moving. Who is winning the race.
As of writing I have not decided what the first blog should be about. Do I get a good question from a reader, it could change that. The following 3 subjects could be candidates for blogs coming soon:1
Are Bitcoin and altcoins serious concepts. All other variants of cryptocurrencies than Bitcoin are combined referred to as altcoins. It is related to fraud, crime, the dark net, can it be used for legitimate purposes? What are the various risks by investing in this world.2
How do you trade crytocurrencies and not less important, what does it cost? Which options are there? At the moment it is not cheap to buy cryptocurrency. To say it the least, it is crazily expensive. Especially to go from fiat money, like for instance Danish kroner or US dollars. But this is also changing fast. New technologies and competition between the exchanges, plus the maturity process of cryptocurrency, will make it much cheaper going forward.3
Review of exchanges, where cryptocurrencies can be bought, sold or exchanged. This is a very foggy territory and you must watch out. There are countless exchanges at this point where you can buy with fiat money and even more where you can only exchange, if you already have bought one or more cryptocurrencies. I look at those I have used until now.