As a digital currency, it seems like Bitcoin would never run out. However, it won’t last forever. In fact, 85 per cent has already been mined.
One of the major strengths of cryptocurrency is its transparency and decentralised nature. It’s easy to trace cryptocurrency transactions and multi-national projects can use them more conveniently than local currencies.
Crypto is a form of currency but it’s also a way of life. Zealots put the logo of their favourite coin on clothing, wall art, and anything a sticker will cling to.
However, there haven’t been many crypto energy drinks until recently.
We’ve known for a while that institutional investors like banks and investment firms were looking at cryptocurrencies. Some people even think that this move may have contributed to pulling cryptocurrencies out of the crypto winter. However, details on what these institutional investors were actually up to were hard to find.
A new cryptocurrency called
Nigel Green, CEO of financial advisory firm deVere Group, recently said that cryptocurrency could save the United Kingdom’s post-Brexit economy.
One of the potential barriers to large-scale cryptocurrency adoption has to do with how governments respond to it. However, governments have been slow to draft documents dealing with crypto. While the decentralised and private nature of crypto makes it difficult for countries to criminalise it, some have done so. Other countries released documents or drafts of documents relating to crypto regulation and taxation. Singapore is now the most recent of those countries.
Bitcoin is scheduled to halve next year. If you’re new to the scene, that might sound scary as you may have heard the prices will go up. However, if you’ve been around a little longer, you’ve already been through one or even two halvings before. After all, unlike forks, halvings are supposed to happen rather than allowed to happen. That doesn’t mean that halvings don’t change things.
You may have heard of them: The Bitcoin Family. These rolling stones have been gathering quite a lot of press attention since they hit the road three years ago. But, who are they?