RATE Group | Decrypting Cryptocurrency – bocaratonobserver.com
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Decrypting Cryptocurrency – bocaratonobserver.com

27 Aug Decrypting Cryptocurrency – bocaratonobserver.com

Posted at 16:05h in Cryptocurrency News by

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Ask 10 different people what they think about cryptocurrencies, and you’ll get 10 different answers.

Known for being highly secure, decentralized virtual currencies have experienced wild fluctuations in value as the bulls and the bears duke it out in the virtual marketplace. In the first half of 2018 alone, the value of a single Bitcoin – one of the most popular and well-known cryptocurrencies – touched as low as $6,070 and as high as $17,094.

Price points aside, the very idea of cryptocurrencies’ role in the global marketplace is something of a philosophical debate. Is a loosely regulated global currency – one which cuts out the banks that traditionally play the role of middlemen – a clear and revolutionary next step for our increasingly globalized world? Or is it a risky new venture waiting to ensnare those who don’t understand it?

Some experts are eager to sign on to the idea’s potential. Microsoft mogul Bill Gates told Bloomberg that Bitcoin is “better than…

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