Get Our NewsletterWIRED’s biggest stories delivered to your inbox. The Trezor: My bitcoin wallet 4, 2016: 7. At the time, it seemed an entirely worthwhile thing to do.
I had recently started working as a research director at the Institute for the Future’s Blockchain Futures Lab, and I wanted firsthand experience with bitcoin, a cryptocurrency that uses a blockchain to record transactions on its network. My experiments with bitcoin were fascinating. It was surprisingly easy to buy stuff with the cryptocurrency. I used bitcoin at Meltdown Comics in Los Angeles to buy graphic novels. By November, bitcoin’s value had nearly doubled since January and was continuing to increase almost daily.