Stories in The Chain that you’ll love, handpicked by our team.
Crypto Influencers to Follow Right Now
Last year was apparently the year of the cryptocurrency, as so many have begun to consider it, but in all actuality it was really just the year of the bitcoin in my opinion. With that being said, it's safe to say that the future of cryptocurrencies in general will greatly be modified and adapted the more we progress into this highly expansive tomorrow, necessitating the need for a more organic, open, and secure form of exchange. The proof-of-work function and blockchain technology that go into various platforms have the makings of incentivizing a completely new and revolutionary cross-form arena in financial markets and banking.
“Can Bitcoin Be Treated as a Fiat Currency?”
This paper will seek to analyze whether Bitcoin, as a digital decentralized cryptocurrency, can be considered a form of money from a traditional economic perspective, and whether it may serve as an alternative to other fiat currencies. The article will split into two sections – the first will provide an explanation of the Bitcoin system, namely, its functions and origins; the second will provide analysis as to the extent to which it relates to the traditional functions of money. The paper will conclude with a summary of the author’s normative assessment of bitcoin as a form of money, and the risks its implementation as fiat currency pose.
Cryptocurrencies to Consider Buying Over Bitcoin If You Missed Out
Right now, Bitcoin is one of the biggest things to ever hit the stock markets. Everyone is now trying to check out cryptocurrency apps on their mobile phone, researching to figure out whether the opportunity they found is a Bitcoin scam, and learning as much as they can about the world of blockchain technology.