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Cantillionaire with a money printer.

What Is The Cantillon Effect?

The Cantillon effect, coined by 18th-century economist Richard Cantillon, describes the uneven effect of money printing on different segments of the economy. When new money is created, it doesn’t distribute evenly across the economy. Instead, it benefits certain individuals, groups or sectors first, often those closest to the source

Melting ice cube of purchasing power

Inflation and Fixed Income: Bitcoin In Retirement Planning

The intersection between inflation dynamics and retirement planning has garnered increasing attention as the global cost of living continues to rise. Inflation progressively erodes the purchasing power of our money, impacting everyone in the economy. In particular, current retirees and fixed-income earners may find that inflation significantly undermines their ability

Bitcoin's connection to energy

Why Does Bitcoin Have Value Without Physical Backing?

A frequent criticism of Bitcoin is that it lacks tangible backing and thus has no intrinsic value. Intrinsic value refers to the inherent worth of an asset, often attributable to its tangible qualities or physical characteristics. Bitcoin, being entirely digital, challenges this conventional notion due to its lack of physicality.

Digital globe representing free and open-source software

FOSS in Simple Terms

The rise of free and open-source software (FOSS) is transforming every corner of technology and the internet, challenging proprietary software that has traditionally dominated these sectors. FOSS principles have found a natural home in decentralized technologies such as Bitcoin and Nostr, strengthening their security, transparency, and community involvement. This article

Secure element chip ai image

hardware wallets

Secure Elements in Hardware Wallets

When it comes to self-custody, hardware wallets have become one of the most popular ways to secure and manage Bitcoin. This is because they offer an accessible way to get your Bitcoin into cold storage. Cold storage refers to keeping your Bitcoin private keys offline, thus greatly reducing the risks

Bitcoin seed phrase metal plate and paper recovery sheet

Where To Store Your Seed Phrase

When taking self-custody of your Bitcoin, proper seed phrase security and storage measures run paramount. Your seed phrase (typically 12-24 words) is first given to you when you open any self-custodial wallet. From there, it is advisable to back up the seed phrase as it is effectively a physical representation

Shared custody of a multisig vault.

Can You Share A Bitcoin Wallet?

The first step toward financial autonomy is understanding Bitcoin; the second is taking self-custody of it. In the context of a bearer asset like Bitcoin, self-custody refers to the practice of personally holding the private keys to one's wallet rather than relying on a centralized service or third

Bitcoin private key in self-custody

Not Your Keys Not Your Coins (NYKNYC) Explained

The ability to self-custody Bitcoin is one of the digital assets' most powerful features, enabling users to hold their Bitcoin directly without relying on a third party. This grants access to an undebasable savings account and uncensorable transactions. Given that self-custody has emerged as a fundamental principle of Bitcoin,

$5 Wrench Attacker

$5 Dollar Wrench Attack Explored

Whether you're a seasoned Bitcoin pleb or a first-time Bitcoin user, the concern of physical attackers has probably crossed your mind. Let's discuss how you can better protect yourself from the "$5 wrench attack." Theya is the world's simplest Bitcoin self-custody solution.

KYC magnifying glass examining a blockchain

What is KYC in Bitcoin?

KYC, short for 'Know Your Customer,' is a banking regulation designed to prevent money laundering, fraud, and other illicit activities by requiring financial institutions to verify the identity of their clients. Typically, it involves three components: customer identification program (CIP), customer due diligence (CDD), and enhanced due diligence

Adding a passphrase to a Bitcoin Wallet

What Is a Wallet Passphrase in Bitcoin?

In Bitcoin, a passphrase adds an extra security measure to your hardware wallet beyond the standard seed phrase. It acts as a unique password appended to your seed phrase that provides an additional layer of protection to access your physical device, creating a "hidden wallet" and helping shield

Collaborative multisig custody ai image

Bitcoin Collaborative Custody

Collaborative custody in Bitcoin refers to the distribution of custody over your bitcoin between multiple parties through sharing custody of your wallet's private keys. The concept of Bitcoin custody is inherently tied to the private keys—whoever manages the private keys of a wallet controls the bitcoin. Typically,

Bitcoin vs Blockchain

Is Bitcoin Same as Blockchain?

You may have heard that blockchain is the real innovation emerging from the popularity surge of cryptocurrencies, but it is important to understand that blockchain technology itself is not new. Rather, Bitcoin simply showcased the first large-scale application of this technology. So while these technologies are often discussed together, Bitcoin

Bitcoin Private Key

Is A Seed Phrase The Same As A Private Key?

In Bitcoin, two of the most important terms to understand for secure management and control over your wallet are “seed phrases” and “private keys.” These terms are often used interchangeably, leading to confusion about their meanings, connections, and differences. A private key is a cryptographic key that allows you to

Bitcoin bubble in a tulip field

The Truth About Bitcoin (7 Myths)

Despite a 15-year history, Bitcoin remains widely misunderstood globally, giving rise to numerous factual inaccuracies regarding its functionality and broader impacts in the world. This article aims to shed light on the most widely-held misconceptions in Bitcoin, with a goal to provide a clearer understanding of its nature and functionality.

Bitcoin price rollercoaster

Bitcoin Volatility

The volatility of Bitcoin attracts some investors while deterring others. Let's explore why this new asset experiences such dramatic price fluctuations, a phenomenon that long-term 'HODLers' have become accustomed to. 🔒 Enhance your self-custody Theya, a collaborative multisig vault. What is Volatility? In financial terms, volatility refers

El Salvador landscape photo

Bitcoin in El Salvador

El jewel of Central America, El Salvador, captivates all who visit this country with its breathtaking landscapes, chains of volcanoes, the rich aroma of its delectable coffee, and the allure of pristine beaches. However, beneath the surface of its natural beauty lies a tapestry of economic challenges El Salvador has

Bitcoin Improvement Proposal (BIP) diagram

Bitcoin Improvement Proposals (BIPs)

Since its launch in 2009, Bitcoin has undergone a continual process of evolution, propelled forward by a dedicated community that has diligently refined Satoshi’s groundbreaking discovery over the past 15 years. At the core of this evolution is the Bitcoin Improvement Proposals (BIPs) system, which plays a key role

Hacker attempting to crack Bitcoin vault

Can Bitcoin be Hacked

As a relatively new technology, concerns about the security of funds on the Bitcoin blockchain may linger in the minds of its users. The digital nature of Bitcoin prompts questions about its underlying technologies such as its cryptography or the blockchain itself. However, since its inception, Bitcoin has remained impervious

Bitcoin being halved by a laser

The Bitcoin Halving (April 2024)

The Bitcoin ecosystem involves a diverse set of participants collectively working to build and maintain the world's most robust and decentralized network. Bitcoin, which functions as a neutral form of money beyond the control of any single entity, is in the early stages of establishing itself as a

Bitcoin secret seed phrase

What is a Bitcoin Seed Phrase?

In the world of Bitcoin, the gateway to self-custody and financial empowerment starts with a handful of words, known as the Bitcoin seed phrase. This seemingly unassuming sequence of words holds the key to unlocking a world where individuals can take full control of their financial wealth. It embodies financial

What are Bitcoin Forks?

In the context of decentralized networks, a ‘fork’ signifies a modification to the source code of the network. Bitcoin, an open source and decentralized network, is made up of hundreds of thousands of nodes (computers) running the Bitcoin software source code. Each of these nodes maintains a separate copy of

A Bitcoin padlock representing secure Bitcoin transactions with P2WSH

Pay-to-Witness-Script-Hash (P2WSH)

When it comes to Bitcoin transactions, script types are a crucial piece of architecture that define the rules under which funds can be spent in the Bitcoin network. More broadly, a script type refers to a specific type of script that follows a predefined template or structure within the Bitcoin

Bitcoin global nodes

Bitcoin Nodes

Theya is the world's simplest Bitcoin self-custody solution. With our modular multisig vault, you decide how to hold your keys. Whether you want all your keys offline, shared custody with trusted contacts, or robust mobile vaults across multiple iPhones, it's Your Keys, Your Bitcoin. Download Theya

Bitcoin bull on Wall Street AI art

Is Buying a Bitcoin ETF the Same as Buying Bitcoin?

Theya is the world's simplest Bitcoin self-custody solution. With our modular multisig vault, you decide how to hold your keys. Whether you want all your keys offline, shared custody with trusted contacts, or robust mobile vaults across multiple iPhones, it's Your Keys, Your Bitcoin. Download Theya