Forbes, Business Insider, The Wall Street Journal; everyone is talking about it, why aren’t we? Whether you are drawn to cryptocurrencies for their libertarian ideals, their volatile speculative markets or the state-of-the-art technology that is making these new forms of payment possible, this is the place for you.
Though we are mainly concerned with Bitcoin, The McGill Cryptocurrency Club provides a forum for all those interested in any digital cryptocurrency to voice their opinions and discuss the latest happenings in the landscape.
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CREATING A WALLET
If you are interested in starting to trade or invest a cryptocurrency, you will need what is called a cryptocurrency wallet. This is where your Bitcoins or other altcoins will be stored. In addition, this is the "wallet address" people will use to send you altcoins.
There are a variety of options to choose from when creating a wallet. You can have wallets on your phone, online, or as software on your computer. For a guide to choosing a good, verified, secure wallet check the following link (it is updated frequently):
Or you can choose to use what is called a "paper wallet". More on creating a paper wallet here:
1. This is the Bitcoin white paper (blueprint), written by Satoshi Nakamoto.
2. Below is a link to the video of Andreas Antonopoulos' talk with the Canadian Senate. The senators ask some well thought out questions that address some of Bitcoin's most current issues. The video is long but is a must watch for anyone (especially if you want to know how to answer all the questions a sceptic might ask you).
3. A great short documentary done by Mauldin Economics. It does a solid job of explaining how Bitcoin works and examining the problems it faces.
4. Below is the link to the Bitcoin subreddit. For those of you who don't know, Reddit is a sort of online forum where people discuss topics (divided into subreddits) and post related links. The Bitcoin subreddit is a great place for finding relevant and current articles amalgamated from all over the internet. In fact, many of the articles and links we post have been carefully selected from the Bitcoin subreddit.
Welcome to the future.