Cryptocurrency: Real Money or Fad?

by Augustus Callen

2017 is the Cryptocurrency year. Bitcoin jumped from several thousand dollars, and broke the recording by crossing a $ 20,000 sign. Ether ether is higher than before. New currencies have sprung up every day and people buy it in madness.

So, does the programming code for real money or modes that will die in time? Come on reviews:


Have you ever sent money to someone through the banking channel? Different banks have different protocols, but all have one thing in common: they charge you for it. Yes, you might say that your bank gives you some cost transactions a month, but places other limits where you are forced to pay for certain services.

With digital currencies such as Bitcoin and Ethereum, you still have to pay to transfer money to someone, but the “cost” transaction that you provide to miners is far lower than those offered by traditional banks to you.


Send Cryptocurrency to someone who lives in every part of the world is as easy as writing an email. All you have to do is request the recipient’s address, enter your wallet and send the desired amount. You can then go around doing whatever you do in your daily life and money will be transferred.

Universal currency

OK, so the title is a little misleading. There are many cryptocurrency out there, so you and the recipient may not have the same currency wallet. If the receiver is flexible (and you have convincing power), it can set the electronic wallet for your currency in a short time.

The most acceptable currency is Bitcoin and if you have it, you will not face a different currency acceptance problem.


With the financial crisis everywhere and the inflation rate increases rapidly, one day you will find that all the dollars you tube do not have a lot of purchasing power in a decade or more. Wise is investing it in something that will not depreciate from time to time. Enter Cryptocurrency! Most because the way this currency is programmed, they will be very limited in circulation, unlike paper-based currencies where you can print more.

Related Posts