A Letter To My Daughter On Father’s Day: I Was Wrong About Bitcoin Today

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This is an opinion editorial by Will Schoellkopf, author of “The Bitcoin Dog” and a soon-to-be father.

I was a computer science student at UCLA when I first heard about Bitcoin in 2013. Skeptical of this new magic internet money, it wasn’t long before the Mt. Gox exchange implosion would confirm that skepticism, illustrating just how important it is to have self custody of your bitcoin. At the time, however, easy-to-use cold storage hardware wallet solutions were not yet available, so I made the mistake of giving up, deciding then and there that it was not worth the work to learn more about Bitcoin.

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