The term "cryptocurrency" refers to a digital currency based on cryptographic protocols, which make transactions safe and extremely difficult to falsify.
The most important feature of cryptocurrencies is that they are not controlled by any central authority: the decentralized nature of the Blockchain makes these coins practically immune to interference or control by governments.
Furthermore, thanks to the combination of a public and a private key, cryptocurrencies simplify the transaction process. The exchanges take place with minimal processing costs, allowing users to avoid the very high commissions imposed by traditional financial institutions.
From the inception of Bitcoin, the most popular way to purchase cryptocurrency was through traditional or centralised Bitcoin exchanges. These methods were more costly and required […]
The decentralized Bitcoin network has no single point of failure, which cannot exactly be said of the centralized Bitcoin exchanges. An overview of the five most […]
Hint: there is a lot of Big Tech in them. But other factors matter too. Most important: it became fully mainstream.Source: Morgan StanleyThe events of 2020 […]
No businesses can survive for more than decades without highlighting the challenge presented by the competitor in the same field. Overtook the market leader isn’t an […]
Their wealth grew in 2020Photo by Steve Adams on UnsplashThe rich got richerSince I spent thirteen years living in the state of Virginia and working in […]
True, November’s a little while ago, but nothing has substantively changed since then.What has changed since then?Aunt Sally and Uncle Morton are talking about bitcoin again.If […]
Even long-time Bitcoin investors have not yet experienced such a situation. The Bitcoin price climbs to a new all-time high every day. The last record was […]