Financial Literacy

How to Buy and Hold Bitcoin

Show Notes From CoolTimeLife Podcast Episode 15

Everyone wants to know about Bitcoin these days. It continues to defy the odds and the pundits to keep climbing ever higher. Do you feel you’re missing out? Well, it might too late to get in on the ground floor with Bitcoin, but it’s not too late to start understanding how to buy it and how to hold onto it. There are many more cryptocurrencies out there as well. In this short ten-minute podcast, I talk about how to buy bitcoins, and the difference between wallets and exchanges.

  • To listen to the podcast, visit my Blubrry page here.
  • Check out my professional blog posts dealing with Bitcoin, cryptocurrencies (I hate that term!) and blockchain technologies at the investment and wealth website
  • Choose a Wallet by checking out the selection at
  • Check out some useful exchanges for buying and holding Bitcoin and other currencies. Be sure to do your homework first, to ensure the rates and terms of any exchange match your requirements.
  • A great review of Canadian Bitcoin exchanges is available at
  • Great resources for learning about Bitcoin include

Bitcoin and crypto investment is risky and volatile, and really requires your daily attention. Don’t forget I am always available to speak to your group or association on how to understand cryptocurrencies and blockchain technology. Check out my speaker page for more details.

My take on cloud computing for business, for

MintRecently I was interviewed by online personal finance powerhouse The topic: cloud computing for business. It is always a great honour to be called upon to discuss such matters. A short excerpt is below. The content is (c)

It’s hard to believe that just five years ago not many people outside the tech world knew anything about cloud computing. Wikipedia only had a couple of sentences about it, and not too many websites were discussing it either.

So Steve Prentice and his colleagues decided to cash in on what they suspected would be game-changing technology by creating CloudTweaks, a site devoted to educating business leaders, entrepreneurs and techies about cloud-based technology.

“We knew that this was going to be a high-growth industry with lots of interest due to the online accessibility and low costs of SaaS and cloud computing,” Steve says. “This is when we decided that it was a good time to start to educate CEOs CTOs, governments and students on the subject, and we have not looked back since.”

Their gambit has paid off. Today, everywhere you look there are references to cloud computing, and CloudTweaks has continued to position itself as a highly regarded source of industry news.

We recently checked in with Steve, a senior writer at CloudTweaks, to learn a little cloud 411 and find out how the technology can help business owners. Here’s what he had to say:

To read the full article on the website, please click here.



Bitcoin: a loop of faith

Bitcoin LogoIn addition to my own posts, I also write for CloudTweaks, an authority on cloud computing. My most recent post focuses on the rise of Bitcoin and what it might mean in an age of virtualization and decentralization.
Here is an excerpt:

If you find yourself in Allentown, Pennsylvania around lunchtime, feeling a little hungry but without any cash in your pocket, take heart: the Subway franchise on Hamilton Boulevard takes BitCoin. If you have the app on your phone, your sandwich will only cost you 0.006 BTC, or thereabouts.

BitCoin, the fabled virtual currency, developed in part by the Winklevoss twins, themselves famous for their early involvement with FaceBook, has upped its status in recent months, from being the currency most favoured by gun and drug runners on the Silk Road website, to receiving cautious endorsement from Fed Chairman Ben Bernanke…

To read more, please click here.


Get those bills out of sight!

Unsightly bills!

Unsightly bills!

This is the time of year when everyone gets serious – paying taxes, focusing on financial responsibility, performing the penance of life. Most people dislike doing taxes and paying bills because it is not enjoyable and can be a major source of procrastination and stress.

Here is just a little tip to make one part of this a little easier: keep your desk clear, and your mind will follow. Here’s what I mean:

When you receive a bill in the mail, what do you do with it? Most people leave it lying around as a reminder to pay the darn thing. Pretty soon this leads to a pile of ugly looking envelopes, lying in a stack in the kitchen or by the computer, reminding you in their passive yet nasty way that they are still waiting to be paid.

Clutter affects thinking. Your short-term creative memory needs all the help and space it can get, and when too many items fill its field of view, clear thought is pushed away. You might not think this happens to you but it does. You might not think it means a lot, but it does. Clutter obfuscates clarity, and leads to procrastination and resentment of tasks. Your personal success is dependent on being able to think clearly, plan, negotiate and influence.

My suggestion is simple and clean: whenever you receive a bill in the mail, open it, and note down in your calendar the amount and its due date, allowing three days or so for processing (for online banking), then file the actual bill away. That’s it.

This leaves you with a clean working area without losing track of the bills you have to pay.

Bills will never go away, but it is always worth it to live every minute of your life free of dark feelings and fear. A clean workspace devoid of “threats” is a humble but powerful step on that path.