We talked about some of the advantages of cryptocurrency previously. However, every technology which has advantages will also have disadvantages, and a risk of it being unethical in its raw form. We now want to look at some of the challenges to crypto and if there are ways to work around it. While we’ll talk…
Cryptocurrency is often touted as having several advantages over traditional currency. These include: But first, you have to look at are all of these even true. (Remember, some people believe that the ends justify the means, and if there is an advantage overall, they may exaggerate it to get you to convert.) Converting Bitcoin into…
Cryptocurrency is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. It is decentralized digital money that is based on blockchain technology and secured by cryptography. To understand cryptocurrency, one needs to…
