In case you haven’t already noticed, my posts do have regular themes: Music Monday, Technology Tuesday, Writing Wednesday, Thursday Thoughts, and Freewriting Friday. I thought I’d start with some direction for my Friday posts – Facebook Feed Friday, the day where I write about the ridiculous posts being shared on my Facebook feed.
However, after scrolling through my feed for half an hour, it turns out that I don’t have any ridiculous news to write about today. It’s either the Facebook filters are doing a great job (I have spent a lot of time hiding posts I don’t want to see) or people on my friends list are getting less gullible.
However, while scrolling through my feed today I’ve noticed plenty of posts about bitcoin. I think more would have shown up if I continued scrolling. To be honest, I don’t really have much interest in bitcoin. I mean, I’ve looked it up in the past because I had no idea what it was, and that was it. I wonder if me writing about it will cause Facebook/Google to think I care about bitcoin and show me more bitcoin ads in the future. (Please don’t.)
For those who aren’t in the know, bitcoin is basically another currency you can use to buy things. What sets it apart from regular currencies is that it is decentralized and unregulated, and as there are only a fixed number of bitcoins in existence, its value won’t depreciate like regular fiat money. Why is it suddenly in the spotlight? Turns out that people have started to recognize it and are investing in it before it gets even higher. Media coverage on it has sky rocketed, which has increased its popularity and more people are hopping on to the bitcoin train, continuing the cycle.
My only experience with bitcoin has been in the past when my PC slowed to a crawl when it was infected with mining malware. If only I had started mining coins for myself back then. Maybe I’d be rich now. Oh well.
Turns out, I really don’t have anything to contribute to the topic but for those of you interested in finding out more about bitcoin, you can read this helpful FAQ.