Digital Currency- from Blockchain to Bitcoin
Everybody's heard about digital currency in the news lately, especially with the exponential rise in Bitcoin stock. Starting 2017 at around $1,000 and now trending at around $10,000- it's not hard to see why. But what is Bitcoin , blockchain , and cryptocurrency? And how can you cash in? Bitcoin is a form of cryptocurrency or online currency that replaces the dollar, euro, or pound. This revolutionary technology allows for peer to peer, no middle-man, online transactions. Most people use it because of its security. You have your digital wallet and your password and no other institutional risks. So given that, people, especially in markets with more volatile governments, have been putting their currency in to Bitcoin and other digital currencies. The Bitcoin/digital currency craze has been very evident in every news story it seems lately. So why do people "invest" in Bitcoin if its a currency? Investors see Bitcoin as a way to put currency in (like the ...