Cryptocurrency vs. Normal Currency | Things Are About to Change!
Cryptocurrencies use a form of mathematics called cryptography. Image Credit to Steemit
This words are now very common. You may have heard them; bitcoin, cryptocurrencies and the blockchain.
How do they compared to regular currencies and how do they work?
The blockchain and the cryptocurrencies came in the wake of the frustration felt by the world after bad monetary policies from central banks like Federal Reserve, commercial banks and hedge funds. These new currencies systems come because there just had to be another way. People needed control over their own money again.
What are cryptocurrencies?
It is a form of currency that is built on a global digital distributor ledger called a blockchain.
Cryptocurrencies like Bitcoin are distinctly different from the digital Fiat currency in your bank account. For example Bitcoin has a cap supply of 21 million coins. This is similar to gold, another finite resource that can be…
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