Start with Bitcoin

Should I own some bitcoin?

That’s up to you, but here is how some of the world’s most successful people answer that question.

You have to answer that for yourself. One way to think about the question was proposed by former PayPal director Wences Casares.

Casares believes bitcoin will either go to zero, or over $1 million. His thinking is that if you put 1% of your savings in bitcoin, and it goes to zero, your life wouldn’t change. But if it went to $1 million, your life might change a lot!

Given this “asymmetry of outcomes” Casares believes most people should own a small amount of Bitcoin.

And remember, you don’t have to buy a whole bitcoin. You can buy as little as one-hundred millionth of a bitcoin—a unit called a “Satoshi”, named after Bitcoin inventor Satoshi Nakamoto.

So if you wanted to buy only $100 of Bitcoin, you can!

Let’s now look at ways to buy Bitcoin. →

  1. 1
    What is Bitcoin?
    Bitcoin is the internet’s native form of money.
  2. 2
    How does Bitcoin work?
    This is where things get a little tricky, but it’s actually simpler than it seems at first.
  3. 3
    What’s special about Bitcoin?
    Bitcoin has a number of characteristics that make it unique!
  4. 4
    What is a bitcoin worth?
    Just like all assets, Bitcoin is worth whatever the market decides it’s worth.
  5. 5
    Should I own some bitcoin?
    That’s up to you, but here is how some of the world’s most successful people answer that question.
  6. 6
    How do I get some bitcoin?
    You can buy bitcoin with a bank transfer, debit or credit card.
  7. 7
    What can I do with my bitcoin?
    An overview of holding, spending and earning money with your bitcoin.
  8. 8
    Frequently Asked Questions
    Now that you know the basics, let’s answer some of the most frequently asked questions.