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How and where to buy Bitcoin (BTC) [2024]

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We will explain this to you on the Website. How and where to buy Bitcoin?

The first cryptocurrency was Bitcoin. Launched in 2009 as a way for people to transfer money amongst themselves without a central bank or other third party, Bitcoin has now become a household name and has experienced exponential value growth. Major financial institutions now include it on their balance sheets, and it remains the largest cryptocurrency by market cap. Here, you can find all the information you need about purchasing Bitcoin in the United States. Everything you need to know, from payment methods to wallets, will be covered; we’ll walk you through the purchase process and the top Bitcoin platforms.

How to Buy Bitcoin USA: The latest coin news is on this Website

Bitcoin online from a crypto exchange is the simplest option. With the help of exchanges, trading Bitcoin and other cryptocurrencies has never been easier, all from the convenience of your computer, tablet, or smartphone. A secure way to purchase Bitcoin is to follow these instructions.

1. Choose a platform:

You can look at factors such as fees, ease of use, and features when deciding which platform to choose. The in-depth reviews in this guide will go through all these things, but if you want to dive in immediately, select one of our recommended platforms below.

2. Create and fund an account:

Signing up for an account requires providing some basic information about yourself. A picture of your photo ID is required as part of the Know Your Customer (KYC) process on regulated platforms. The next step in funding your account is to select your preferred payment method on the deposit page.

3. Buy Bitcoin:

Look for the Bitcoin/your-deposited-currency trading pair on the platform. Use a market order to purchase Bitcoin at the present price or a limit order to specify a future purchase price. To Buy Bitcoin 2024, type in the amount you want to spend and hit the” “B” y” button. EToro is the best location to buy Bitcoin because of its straightforward design. It is easy for newcomers and provides enough tools and optional options to please experienced pros.

A unique selling point of eToro is the Ifon. Suppose you are inexperienced or need to monitor the market manually. In that case, this feature enables you to mechanically mimic the trades made by the top Bitcoin traders in the world’s peace return SK tolerances to choose the best Bitcoin you can emulate. Instead of our research, eToro has all the Bitcoin news, statistics, and studies you could ever want. Put Bitcoin on your watchlist and get notifications and prices so you don’t miss a thing.

Being a platform with several significant assets is a major plus for eToro. In addition to Bitcoin and more than 70 other cryptocurrencies, eToro also allows you to purchase indices, ETFs, thanks, and other asset types so that you may have your portfolio. If you’ve taken a few minutes to create an account with eToro, you can deposit at least $10 using any of their many accepted payment methods. Similarly, $10 is the bare minimum for a trade. The trading fees are competitive at 1% plus the spread, but the withdrawal charge is $5. Lastly, eToro holds licences from both the SEC and FINRA in the US, making it one of the most regulated cryptocurrency exchanges.

Pros:

  • Easy to navigate
  • Reputable and regulated
  • Deposits are free
  • Strong security and cold storage
  • Wider choice of payment options than many competitors
  • Free demo account
  • Unique copy trading here is our nature
  • Mobile app

Cons:

  • There are not as many coins as some digital currency-specific platforms
  • Unavailable in a significant number of countries
Launch Your AccountFor retail CFD accounts, the loss rate is 76%. Never invest your money unless you can afford to lose it all. Do not anticipate if something goes wrong with a hazardous vestment; it is dangerous. Find out more in only two minutes.

2. Binance – Best Place to Buy Bthindustry’sw Fees:

With the industry’s lowest trading costs, Binance justifiably earnranksour top five. They pay just 0.1% on every if you’re required, or even less if you’re at a higher loyalty tier. Some ways to deposit and withdraw fiat currency are free, while others charge, and digital currency deposits are free. Binance is a great place to Buy Bitcoin 2024, and if you prefer cryptocurrencies, you’re interested in buying new and obscure coins. Binance has an extensive teaching centre where you can study everything from Bitcoickchain to trading.

Trading Bitcoin with leverage acustomizableble charts and indicators arecustomizableustomizableures that Binance offers its more seasoned customers. However, even complete crypto newbies can use usBinance’s convert feature to go from one coin to another with the tap of a button. Binance Flexible Savings also allows earning an estimated 5% annual percentage yield (APY) on Bitcoin. It only takes a few minutes to sign up for a Binance account, verify your identification, and deposit $50 or more using the method of your choice. The Bitcoin blockchain charges 0.0002 BTC for each withdrawal, and the minimum purchase amount is $10. Please keep reading for our comprehensive Binance review.

Pros:

  • Lowest trading fees
  • 600+ other coins available (Including Ethereum, Bitcoin Cash, Dogecoin, and BNB)
  • Advanced tools for trading
  • Margin trading
  • Interest-bearing savings
  • Educational materials
  • Mobile app

Cons:

  • The minimum deposit is higher than other platforms
  • Somewhat limited choice of payment methods
  • Regulatory issues in specific countries

3. Coinbase – Easiest Way to Buy Bitcoin inst

Coinbase is the way to make quick Bitcoin purchases for those just starting. The layout is quite clear, and the Buy Bitcoin 2024 process is easy, that’s why. You can keep tabs on the market and your portfolio performance by adding Bitcoin to your watchlist, which you can access from your dashboard. UsCoinbase’s recurring buys tool automates your regular Bitcoin purchases, and you can start with as little as $2. Through Coinbase Pro, users may access more advanced tools, order types, and custocustomizablets.

If you can still customize knowledge, you may gain more unctuous ledges with the help of uncustomizedons and guides. Even better, some” “learn and “n” efforts provide free cryptocurrency in exchange for completing brief tutorials. Buy Bitcoin 2024 from Coinbase should be a worry-free experience thanks to its cold wallet storage, crypto-insurance, and regulatory licences. A minimum deposit of $50 is required to activate your account, which takes a few minutes. Although you might incur more outstanding fees for specific payment methods, trading fees—up to 0.6% plus spread—are competitive. Click here to read our comprehensive Coinbase review.

Pros:

  • Clear interface
  • Intuitive buying process
  • 150+ other cryptocurrencies available
  • Low trade minimum
  • Licensed and secure
  • Set up recurring buys
  • Earn free crypto in learning campaigns
  • Mobile app

Cons:

  • Higher minimum deposit than some competitors
  • High fees for some payment methods

4. Bitpanda – Best Place to Buy Bitcoin Securely:

One of the most secure Bitcoin marketplaces is Bitpanda, which keeps all users’ cryptocurrency in cold storage. In addition to having all the required licenses and a good rating on Trustpilot, the platform complies with anti-money-laundering legislation. Bitpanda Academy and blog posts cover all things Bitcoin, cryptocurrency, and money, and the Helpdesk is there to assist you with using the platform.

Almost two hundred other cryptocurrencies are available for investment on Bitpanda, setting it apart from other Bitcoin platforms. Users also have the option to invest in equities, ETFs, crypto indexes, commodities, and more. You can even trade across various asset classes directly. Recurring Bitcoin purchases can be configured using the Bitpanda savings plan. Moreover, the Bitpanda Card allows you to spend Bitcoin, and the Bitpanda mobile app will let you stay updated on Bitcoin while you’re on the go.

You may create and verify your Bitpanda account in a few minutes. The minimum deposit is $25; you can use several payment methods. There is a $1.50 minimum order amount and a 1.49% premium built into the price of Bitcoin. A small amount of 0.00006 BTC is required to withdraw Bitcoin.

Pros:

  • Simple to use
  • Multi-asset platform
  • Almost 200 other cryptocurrencies
  • Secure and regulated
  • Positive reviews
  • Variety of payment methods
  • Low minimum trade amount
  • Educational materials
  • Mobile app

Cons:

  • The only customer support is via email
  • Digital currency deposits incur fees

5. Capital.com – Best Place to Trade Bitcoin CFDs:

You should use Capital.com if you want to trade Bitcoin contracts for difference. With contracts for difference (CFDs), you may profit from fluctuations in the price of Bitcoin without really owning any of it. This eliminates the need to worry about storage. Up to 30x leverage, 70+ technical indicators, price alerts, customer sentiment, and post-trade analysis powered by AI are all available to experienced traders. The Investment app and other resources like online classes and trading guidelines make financial education accessible to everyone, even beginners.

Cryptocurrency pairs (including Bitcoin and 477 others), equities, commodities, foreign exchange (Forex), and indexes are among the almost 6,000 assets that customers can trade CFDs on. With a virtual account and risk management features like negative balance protection, Capital.com lets you practice trading CFDs despite the high-risk nature of the market. You can make a $20 minimum deposit using various methods within a few minutes of account creation and verification on Capital.com. Deposits and withdrawals are free, and the platform charges no commission. The overnight costs fluctuate with volatility, and the difference between Bitcoin and USD is 60. Get the whole scoop in our review of capital.com.

Pros:

  • 0% commission
  • Fast order execution
  • Secure and regulated
  • 477 crypto trading pairs
  • Risk management tools
  • Demo account and educational resources
  • Mobile app

Cons:

  • Only offers CFDs, which are high-risk

Trading CFDs with this supplier results in a loss for accounts held by 73.81% of retail investors. You need to ask yourself if you’re OK with the high degree of risk involved and have a firm grasp of how CFDs function.

What is Bitcoin? The latest coin news is on this Website:

The 2009 introduction of Bitcoin was carried out by an anonymous individual or group called Satoshi Nakamoto. It was a game-changer since it was the first digital currency to eliminate intermediaries from financial transactions. Computers compete to validate transactions through “mining”,” introduced to the world by Bitcoin and known as Proof of Work. Because of this, the Bitcoin blockchain is highly secure, and those that mine for it receive Bitcoin.

Bitcoin is a limited resource because there will only ever be 21 million. For this reason, many people see Bitcoin, similar to Gold, as a means to preserve wealth. Several banks have started investing money in Bitcoin recently, and the news that Tesla bought a large amount of Bitcoin sent the price soaring.

What Payment Methods Can I Use to Buy Bitcoin?

Since Bitcoin is the most popular cryptocurrency, there are many options for purchasing it using fiat money, like USD. These options show that many Bitcoin exchanges allow the most common payment methods, such as Bitcoin ATMs and credit/debit cards.

Credit or debit card:

You can acquire Bitcoin and pay for it later or in instalments with your debit or credit card because they are not recognized purrecognizedBrecognizedurs a 2.49% fee; these fees are the significant disadvantages of utilizing card-cogniutilizingusutilizingedge platforms. Although Ameridisadvarecognizedx) is not widely accepted, Mastercard, Visa, and Maestro are the most common. Find out the steps to Buy Bitcoin 2024 using Express. E-Toro is the most excellent site for using a credit or debit card to purchase Bitcoin, as deposits are free. Learn all you need to know to buy Bitcoin using a credit card.

Bank transfers:

The most cost-effective option when purchasing Bitcoin is to use a bank transfer as the deposit method. Binance charges $1 for this service, but Coinbase and Capital.com do not charge anything. You can get your bank account funds and begin trading with them instantly if your platform allows Faster Payments, like Binance and Coinbase. Find out more about how to use a bank account to purchase Bitcoin here.

PayPal:

Crypto platforms are slow to accept PayPal despite being a quick and secure payment option. Coinbase accepts PayPal for Bitcoin purchases at a 3.99% cost and deposits at a 2.5% fee for users in the US. eToro accepts PayPal deposits at no cost. Another option is to use the PayPal platform to Buy Bitcoin 2024 instantaneously. However, there are fewer tools and capabilities accessible, and the costs can be relatively high for small purchases. Read this if you want to know how to Buy Bitcoin 2024 with PayPal.

Cash via Bitcoin ATM:

Bitcoin ATMs number in the thousands globally. Look for the Bitcoin logo or use this map to locate one near you; many resemble traditional ATMs. A cryptocurrency wallet must first be established to allow you to deposit your coins. Before you use a debit card or cash to pay at the Bitcoin ATM, they will ask for your phone number for identification purposes.

Buying Bitcoin with Paysafecard:

Although paysafecards can be used to purchase Bitcoin, discovering cryptocurrency exchanges that accept them might be challenging. A Paysafecard for deposits or payments is more common on P2P exchanges. People can buy from each other directly in these kinds of exchanges. Paxful is one example of this. A Paysafecard and a peer-to-peer exchange can work together to help you purchase Bitcoin anonymously. Here’s more information on how to use Paysafecard to Buy Bitcoin 2024.

Buying Bitcoin with Google Pay or Apple Pay:

Like the previous approach, your account can also use Apple Pay or your account. For the second time, this is a common way to pay on P2P markets like PaxfulHere. Here’s more information about how to purchase Bitcoin using Apple Pay and Google Pay.

Buying Bitcoin with Skrill:

Although it has been around for a while, Skrill is not as well-known as PayPal despite being a similar payment platform. Skrill is a deposit option on our preferred broker and exchange platform, eToro.Buying Bitcoin with Skrill is explained in more detail here.

How to Buy Bitcoin – Step-by-Step Guide For Latestcoinsnews:

Buying Bitcoin on eToro is a breeze. Take a look at this process.

  • Create a free account:

After you click the” “Join N” w” button on the homepage, you’ll be prompted to fill out the registration form with your email address, username, and password. Select” “I agr “e” to indicate your agreement with the terms and conditions, and then hit the” “Create Account “t” button.

  • Verify your account:

Just click the link in the verification email to confirm your email address. To finish your profile, you must supply your contact information, date of birth, identity documents, and name. Your investment background will also be one of the topics covered.

  • Make a deposit:

When you reach the” “Deposit Fun” s” page, type in the desired deposit amount. To pay using your native currency, use the drop-down menus. After you’ve entered all the necessary information, click the” “DeDepostt” button to fit inalize ppaymentnish: the finalfinpayment search box, and tick the final finalfinalize option. Final final wish to option. Whooin at a specific price can switch from the T. Can tab to the Order at the top. Otherwise, enter the desired amount and hit the” “Open Tra” e” button.

Ways to Invest in Bitcoin:

FinalFinalize goals, skills, and Finalizeme, and you can use different strategies to invest in Bitcoin. Some of the most common are detailed below.

Buy and Hold Bitcoin:

Regardless of one’s level of expertise or availability, anyone can purchase Bitcoin and keep on with it—this is the most basic technique available. Due to its limited supply, which protects it from inflation like fiat currencies, this is a common Bitcoin investing strategy:

The returns for investors who purchased Bitcoin and kept it have been phenomenal. This can be a simple method to earn money if you think the price of Bitcoin will increase.

Trade BB because Bitcoin’sitcoin’s pe is so unpredictable traders can make frequent profits by buying and selling Bitcoin in a shorter time frame. Trading successfully calls for a higher level of dedication and proficiency in technical analysis.

Crypto Futures (CFDs) are one method of trading Bitcoin. By using this, you may bet on the value of Bitcoin without ever having to buy any. Bitcoin and other CFDs are available for trading on Capital.com and eToro.

Mine Bitcoin:

Bitcoin can also be acquired so that you’ll have expensive thayou’that you’llxpensispecialized gear. To secure a cospecializeddividualizedized individual, miners opt to joinspecializedzed Going wUsingice lilikspecializeded handle your cloud mining needs, which is a much easier alternative. Our Bitcoin mining website has all the information you could need.

Choosing A Bitcoin Wallet:

Bitcoin wallets come in a wide variety of styles to meet individual requirements. There are various methods to divide them up. You might hear” “shearwalls” s” and” “and walle “s” thrown around occasionally. In contrast to cold wallets, which are never or rarely linked to the internet, hot wallets keep their Theections open at all times. The vast majority of digital wallets are hot wallets. You should be able to locate the ideal personal wallet using the data provided below.

Bitcoin Software Wallets:

  • Web wallet: The web is the most convenient wallet for traders and small-time investors. These online wallets are always connected and can be a target for hackers. They are choosing a secure and regulated platform that is accessible and essential and provides a free web wallet.
  • Mobile wallet: Mobile wallets are convenient smartphone apps like Bitc and Oin. Org’s your innovative smartphone. Bitcoin.org’s mobile wallet recommendations are Bitcoin Wallet for Android and Unstoppable for iOS devices.
  • Desktop wallet: Desktop wallets are downloaded onarempprettynd and are pretty secure. Bitcoifull-node is the most popular full-node wallet, but most crypto desktop wallets can be used to store Bitcoin.

Physical and Hardware Wallets:

  • Hardware wallet: These are popular with long-term holders and large-scale Bitcoin investors as they are the most secure, albeit expensive. The most popular Bitcoin hardware wallets are TrezorBitBox, and Ledger.
  • Paper wallet: You can create a paper wallet with a private and public key. Just write it down or print it. It isn’t a string or QR code. It isn’t a safe way to store Bitcoin, though.

Wallet Combinations:

Using more than one wallet in a combi solution can be handy if trading some Bitcoin and buying and keeping some Bitcoin with a hardware wallet; respectivusingu use the Ledger hardware wallet, and you may also download the Ledger Live app to manage your Bitcoin more conveniently.

Is Bitcoin a Good Investment?

Only you can decide whether investing in Bitcoin is your chance, but there are some options. Bitcoin is the most well-known cryptocurrency and, by far, the last capitalization they f. They first come into crypto—and for a good reason. Over a decade of history, Bitcoin has established significance as one of the movers to assets. Although all cryptocurrencies are risk-on investments, Bitcoin is considered one of the safer coins to invest in.

Many Bitcoin users are attracted to the coin by its technology and economics, which capitcapitalizevolution. Fiat capitalafacesnflation is controlled by central banks and governments. On the other hand, Bitcoin has a maximum supply that can never be breached, meaning it’s outside the jurisdiction advertised. Bitcoin is accedecentralizedsupported by nearly every crypto exchange and wallet, and there are plenty of methodsvariousThertechniqueslso a variety of methods to spend it without selling Bitcoin, as an ever-growing number of businesses accept BTC as payment for goods and services. Some countries are even starting to accept Bitcoin as legal money.

Bitcoindecentralizedzed hashing algorithdecentralizedf Work method makes it one of the most secure blockchains. It is also popular with people who value privacy, as may still be Through. Throughout its history, its spec-given investors provided investors with extraordinary rewards. More and more significant institutions are making major investments in Bitcoin,d ultimately decreasing the quantity available in these markets. These considerations suggest a high and potentially expanding demand for Bitcoin, which might lead to pan excellence and make BTC an excellent investment.

Is it Legal to Buy Bitthe Coin in the USA?

There are no laws against Buy Bitcoin 2024 in the US. There is precise regulation for crypto in the United States. Hsucher, regulatory authorities such as the Securities and Exchange Commission oversee some of the operations in the market to ensure that your investment is always safe; we recommend buying bitcoins via a registered exchange or broker. They improve the security of your assets and create a safer trading environment.

Where Can I Use Bitcoin in the USA?

Bitcoin has acquired tremendous acceptance in the United States. Several large retailers, such as Microsoft, accept cryptocurrency as a payment option, such as Homeome Depot, Namecheap, Starbucks, Overstock, AT&T, and more.

Currently, there are over 21,000 Bitcoin ATMs in the United States. It is the country with the most Bitcoin ATMs in the world. With Bitcoin ATMs in practically every city throughout the country, you can easily buy, sell and transfer BTC.

WHAT MISTAKES SHOULD USERS AVOID WHEN ATTEMPTING TO BUY CRYPTOCURRENCY?

“Don’t focus too much on the price of a cryptocurrency. Crypto is one part, but the blockchain behind it is the key and bigger part of understanding the difference between a good cryptocurrency and a bad cryptocurrency. If you know what makes Bitcoin so unique, you will understand the future. Getting into crypto is mostly an investment in your future. By getting your feet wet carefully (without getting sucked into greed-driven frantic trading or leveraging) you can make sure you will be part of the new future of money rather than being left behind.”
Joerg Hansen CEO of Caiz Development GmbH

Should I Buy Bitcoin Now? – Things to Consider Before Buying Bitcoin:

The above section should help you decide whether to Buy Bitcoin 2024 or not, but here are a few more practicalities to consider.

Bitcoin Fees & Regulations:

When using the blockchain to make Bitcoin transactions, network fees are involved. When the network is busy, these fees can get pretty high. However, there are worries about these fees when using a platform, as eToro and many other platforms charge a fixed fee. However, your platform may charge different fees, such as deposit withdrawal fees. These can vary depending on the payment method. Other fees to watch out for include account management SE, which doesn’t have activity fees. The SE doesn’t consider Bitcoin a security in the US, while in the United Kingdom, all cryptocurrencies are unregulated. Buying Bitcoin in both countries is perfectly legal, but crypto platforms must comply with AML regulations. Verifying your identity to Buy Bitcoin 2024 on a regulated platform would be best.

Bitcoin Price:

As we saw in the last part, there are a lot of factors that influence the price of Bitcoin. Because of its immense market domination, Bitcoin also influences the value of other cryptocurrencies. About every four years, during halving events (when the block reward for miners is halved), its price goes through a dramatic upswing followed by a steep downswing.

People who like to purchase and keep often put their money into Bitcoin because of how much its price has grown since it started. It’s a suitable trading because it’s more volatile than other financial assets. Bitcoin price pstandardion is a stan for traders and investors looking to time the market for Bitcoin purchases and sales. Factors like news, hype, long-term market cycles, institutional investment, and overall economic conditions could impact Bitcoin’s future price.

Buying Bitcoin Safely & Securely:

UtiUtilizingregulmeththe utilisingngmost secure method, Bitcoin. Encryption, insurance, and offline storage are some of these sites’ most robust security measures. When given the choice, two-factor authentication should always be enabled.

The password you choose when you create an account should be solid and distinct. Passwords should be changed frequently. To further protect yourself from fraud, be wary of any emails you receive—Ut—UtiliUtilizeritimacy with Utilizeatform.

Your Bitcoin should be kept secure. Investing in a hardware wallet is a safe way to store your Bitcoins. Never let anyone else use the private key or seed phrase; doing so will cause your wallet to be lost.

Selling Bitcoin:

Whether or not you should sell your Bitcoin depends on your original motivation for purchasing it. Unfortunately, you’ll have to sell your Bitcoin if you want specific trading tactics, though it’s enviable. The specifics may vary from platform to platform, but selling Bitcoin is generally similar to buying it.

Iftyou’reeToro users can view your position breakdown for Bitcoin by going to your portfolio and selecting cryptocurrency. Select” “Clo” e” after clicking the red cross icon. Select Bitcoton from your assets, then go to” “tra” e” and” “Sell BT”.” Then, enter the click amount you want to sell, click “preview sel”,” and lastly, hi” “sell n” w” on the Coinbase cryptocurrency exchange.

What Other Platforms Can I Buy Bitcoin On?

Because Bitcoin is the most widely used cryptocurrency, it is readily available. A discussion follows of a few of the most well-known US-based Bitcoin purchasing platforms.

Can I Buy Bitcoin on eToro?

Yes. You can use CopyTrader to mimic the transactions made by other Bitcoin traders and readers, and eToro offers Bitcoin for free with no deposit required. If you want to know how to buy Bitcoin on eToro, look at the detailed instructions.

Can I Buy Bitcoin on Coinbase?

Yes. Because Coinbase is so user-friendly, even a novice can figure out how to purchase Bitcoin on the site. The process is as easy as clicking the” “Buy / Se “l” button up top and linking a payment method.

Can I Buy Bitcoin on Binance?

Yes. Binance offers multiple ways to buy Bitcoin, including a straightforward conversion feature for newcomers and a more robust spot trading feature with access to charts and indicators for experienced traders.

Can I Buy Bitcoin on Robinhood?

Yes. With Robinhood, purchasing Bitcoin is a breeze. To buy Bitafter, you’ve joined up, go to the Bitcoin website, input the amount you wish to buy, and then click confirm.

Can I Buy Bitcoin on Trust WalleIndeed?

Buying Bitcoin on Trust Wallet will be accessible once you download the app. Visit Bitcoin, click the” “BBitcointco” n” option, then enter the amount you wish to pay.

Can I Buy Bitcoin on latestcoinsnews.com?

Yes. You can learn all you need to know about buying Bitcoin on Crypto.com by downloading the app and navigating to your Bitcoin wallet. After that, you can choose the amount and finish paying.

Can I Buy Bitcoin on Uniswap?

No. Uniswap only allows token btokenenthereum, If you figuring out how to buy Bitcoin Uniswapth, it’s that Bitcoin (WBTC) is an alternative, next. To exchange it for it, you’ll need to purchase another token, such as ETH or USDT, which you can do on an exchange like eToro.

Can I Buy Bitcoin on MetaMask?

No. Regrettably, MetaMask does not support Bitcoin. Thus, there is no way to purchase Bitcoin by selecting a form. Nevertheless, you can use BTC by selecting “B” y” and entering the desired quantity and token.

Avatar
Ali Raza
Ali Raza has been writing about blockchain and cryptocurrencies for over Three years and is now the editor-in-chief of Latestcoinsnews. After a meteoric rise in late 2016, Ali Raza's enthusiasm for Bitcoin and other cryptocurrencies skyrocketed. He can't sleep with one eye on the market because he's so fascinated by the technical and economic ramifications of cryptocurrency.

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