Cryptocurrency is famous for its volatile nature. For instance, Bitcoin, best-known crypto giant hit its all-time high price in December last year. However, only a couple of months later, Bitcoin’s prices plummeted significantly. And just a quick reminder, we are talking about the world’s first ever cryptocurrency here. There are thousands of other such coins … Continue reading “Trading Tips: How to Trade a Cryptocurrency Market in Downfall”
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Cryptocurrency: Five Common Misconceptions to Avoid
With anything new, there are always common misconceptions. Cryptocurrency is no exception to that. In fact, here are some of the top misconceptions that you might want to pay attention to. Cryptocurrency is a replacement of fiat money Among these misconceptions, this one is a bit ridiculous. Cryptocurrency replacing fiat money is not realistic and … Continue reading “Cryptocurrency: Five Common Misconceptions to Avoid”
e-Krona could reshape the Swedish cashless economy
In many countries around the world, cash is the predominate method of paying for goods at mom-and-pop shops. However, that is not the case in Sweden, as many merchants are gradually dumping cash payments. According to statistics, the percentage of cash circulation in the European country is just about 1%. Indeed, this percentage shows that … Continue reading “e-Krona could reshape the Swedish cashless economy “
Investor John McAfee Says Cryptocurrency Could Soon Replace Fiat
Investor John McAfee was a keynote speaker at the Malta Blockchain Summit on Friday. Here he spoke about the use of crypto for personal freedom as opposed to government control. He sees crypto’s dominance as inevitable, but also calls for people to take action to help it grow. McAfee is a former software developer and … Continue reading “Investor John McAfee Says Cryptocurrency Could Soon Replace Fiat”
Three Reasons Why Cryptocurrency Will Never Replace Fiat
Crypto does have many advantages over government-controlled fiat. However, there are also several barriers it would need to overcome to become the standard. First, there is the regulatory barrier regarding crypto and fiat For crypto to work, governments across the world will need to work together. This is possible, but it could be a long … Continue reading “Three Reasons Why Cryptocurrency Will Never Replace Fiat”