Bitcoin Questions, Answered
Clear, data-backed answers to the most common Bitcoin questions. No hype, no FUD — just facts.
Bitcoin vs. Gold: Which Is the Better Store of Value?
Compare Bitcoin and gold as stores of value, examining performance, custody, and suitability for wealth preservation strategies.
Can Bitcoin Be Hacked? Security of the Bitcoin Network
Bitcoin's network has never been hacked, but individual users and exchanges face security risks that proper custody practices can mitigate.
Is Bitcoin Used by Criminals? The Data Says Otherwise
Data shows criminal activity accounts for less than 1% of Bitcoin transactions, making it one of the worst choices for illegal activities.
Is Bitcoin Too Volatile? Understanding Price Movements
Bitcoin's volatility is decreasing over time and doesn't prevent its usefulness as a store of value and investment asset for informed users.
Bitcoin Energy Consumption: Separating Fact from FUD
Bitcoin's energy consumption secures a global monetary network, drives renewable energy adoption, and creates more value than it consumes.
Quick Answers
What is Proof of Custody?
Proof of Custody is an independent platform that scores and ranks Bitcoin custody solutions based on security, transparency, fees, and features. We help individuals and institutions find the safest way to store their Bitcoin.
How are platform scores calculated?
Our scoring methodology evaluates six categories: Custody Security (35%), Ease of Use (20%), Fees (15%), Features (10%), Transparency (10%), and Support (10%). Scores are updated weekly using automated scraping, AI analysis, and human review.
Is Proof of Custody affiliated with any platform?
Proof of Custody is an independent research platform. While we partner with Onramp Bitcoin for multi-institution custody education, our scores are unbiased and based on objective criteria.
How often are scores updated?
Platform scores are updated weekly via an automated pipeline that scrapes platform websites, gathers intelligence from news sources, and re-scores using AI analysis with human oversight.