The virtual currency has continued its breathtaking rise surging past $1,000, after already winning the crown of the best-performing currency in 2016 by more than doubling its value in the course of the year.
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Blockchain today might be like the internet in 1993: even though most of us don’t know what it is, a decade from now you will wonder how society ever functioned without it.
Bitcoin is one of the most revolutionary ideas to come out of the tech world. A whole new form of currency was created from nothing, but people are now using it to buy everything from coffee to electronics.
Venezuela’s currency has lost so much of its value that people have given up on counting the notes—they just weigh piles of cash. So far this year, the bolívar has lost nearly half its value compared to the dollar, while inflation has shot up as much as 15 times. That’s according to best estimates, since official […]
Rumors of bitcoin’s demise have been greatly exaggerated. According to a site tracking “bitcoin obituaries,” the media has proclaimed the seven-year-old cryptocurrency dead more than 100 times, yet a recent resurgence has led to a tripling in bitcoin’s price over the last year. It has survived price crashes, cyber heists and community infighting, but bitcoin’s biggest threat may still […]
Bitcoin is the virtual currency that everyone is talking about. There are now 15.5 million Bitcoins in circulation. But it’s not the only option out there in the crypto-world. Like Bitcoin, there are coins available to be mined and, eventually, there can be multiple options to be traded on the open market and used to purchase goods and […]
I’ve been interested in bitcoin (BTC) as a concept since its inception. However, I considered bitcoin more of a cryptographic experiment than something that could affect my daily life.
Over the past few years it has been made easier to turn BitCoin back into real currency making it possible to live entirely off BitCoin currency and get rid of those pesky banks. Though do not take it all for granted just like any currency it has its issues and the fact that it’s all […]
Even in 1981 inventors were trying to solve the Internets problems of privacy, security and inclusion with cryptography. With every new process, no solution was perfect, because a third party was involved. Paying with credit card was insecure because too much personal information was involved and transaction fees were steep. In 1998, Nick Szabo wrote a […]
Trade associations from across the world or teaming up together to address the need for consistent laws and regulations governing digital currencies and the technology behind them. Tuesday, the involved organizations including the Chamber of Digital Commerce, based, in Washington D.C. launched the Global Blockchain forum, “blockchain” being the term to describe the technology behind […]