Whether the cryptocurrency hype makes you crypto curious or crypto skeptical, there are many ways your life could be affected by crypto’s underlying technology, blockchain.
Although it’s estimated illicit activity amounts to less than 1% of all cryptocurrency transactions, figures of losses are still staggering – and on the rise.
For the metaverse to work, people need to own their virtual bodies and possessions and be able to spend money. The same cryptographic technology behind bitcoin will make that possible.
Banking on bitcoin: El Salvador announced plans to build a Bitcoin City in November 2021.
Rodrigo Sura/EPA
As a young investor, the founder of modern macroeconomics John Maynard Keynes might well have bought Bitcoin. The older Keynes would not have. It’s instructive to examine why.
A bitcoin symbol is seen on an LED screen during the closing ceremony of a gathering of cryptocurrency investors in Santa Maria Mizata, El Salvador, in November 2021. President Nayib Bukele announced his government is building an oceanside Bitcoin City.
(AP Photo/Salvador Melendez)
Like fiat currencies, cryptocurrencies have no fundamental value. So what is the value of Bitcoin?
There is a need to educate Nigerians on the difference between the digital representation of cash deposits in bank accounts and the eNaira in digital wallets.
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