The Currency Analytics
By Steven Anderson
Money is particularly confusing, regardless of the mathematics of individual finance. It is not surprising to see that many people are confused about cryptocurrencies.
Some people find it hard to wrap their head around any cryptocurrency whether Litecoin, Dodge Coin, TCAT tokens, Bitcoin, Ethereum or any token in the cryptocurrency space.
Astonishing price drops did not only shock the speculative investors, but it confused the average Joe as well.
When the traditional financial institutions like JP Morgan Chase came up with their cryptocurrency, there has been a lot of media attention to it.
On in-depth analysis, it can be seen that there is a lot of hype than value. It all started when Satoshi Nakamoto stated, “We have proposed a system for electronic…
While there is already a lot of information doing the rounds about how blockchains eliminate trust, displace, and reshape value, blockchains in reality have not reached a stage…
The society cannot function without trust. Trust is very important in any transaction. Blockchain should be able to enable a similar trust.
Verification is not in reality trust. Trust is completely different from verification. The coming of cryptocurrencies and the blockchain technology does not, in reality,…
The ability to make permanent changes in the rules is important because, at one point in time or other, there will be a need to make lasting changes in regulations.
While modern banking methods are reversible in the way they operate, the Bitcoin is not reversible.