Understanding and making money from Cryptocurrencies
I first heard about Bitcoin in 2013 and as at that time, the exchange rate to the dollar was more than USD20,000 to 1BTC. Now it just USD662 to 1 BTC. This is just one of the Cryptocurrencies What are Cryptocurrencies? A cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography. Cryptography is used to secure the transactions and to control the creation of new coins. See more here https://www.cryptocoinsnews.com/cryptocurrency/. According to google it is a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. "decentralized cryptocurrencies such as bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation" Why I love them the most is that they are not controlled by...