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Bitcoin’s price increase from $7,200 to $9,600 over the last month. Despite cryptocurrencies making some people wealthy, many financial gurus and professionals warn investors to stay away from digital currencies. Jordan Belfort, the infamous Wolf of Wall Street says that “it’s the biggest scam ever, such a huge, gigantic scam that’s going to blow up …

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Bitcoin is becoming increasingly accepted by those looking to drum up interest for their homes and properties, as the market of Bitcoin millionaires is still largely untapped. As more luxury properties exchange hands with Bitcoin as the unit of payment, it’s become clear that buyers and sellers should be aware of the potential which cryptocurrency …

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The Purpose of Money Money has been around for as long as human civilization. The purpose of money is to facilitate three primary functions. Medium of exchange Store of value Unit of account Cryptocurrencies such as Bitcoin do not currently exhibit any of these qualities. It had initially been a medium of exchange when early …

Why Bitcoin is Not A Form of Money Read More »

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The technology of a "chain of blocks", built on the principle of decentralisation and working on the basis of distributed computing - blockchain - is being used in an increasing number of different means of human interaction.  The most common application of Blockchain technology is in the field of alternative cryptocurrencies, like Bitcoin (BTC), Ethereum (ETH), …

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