The advent of Bitcoin has long infuriated and confused traditional economists. This cryptocurrency reaffirms the principles of investment, at the very time showing that most of our economic systems are built on nothing but speculation. Bitcoin is confusing for this very reason, and ultimately a concept that many of us, even the tech-literate, will understand. […]
Two Important Ways Bitcoin Continues To Push Toward Innovation In The Seemingly Stagnant World Of Currency
When it comes to the development of currencies around the world, it often seems that not much changes over time. Although inflation continues to rise and consumers continue to lose money as a result, much of the world remains stuck in a system that has serious limitations. However, Bitcoin (a newer virtual currency) is helping […]
Top Three Features of Bitcoin
Bitcoin is an online payment system, which was developed by a Satoshi Nakamoto. Unlike traditional currencies like dollars and euros, bitcoins are not issued or managed by a central authority. This makes them more resistant to wild inflation and corrupt banks. Bitcoins are used to buy things electronically. In that sense, there are similar to […]