Eye on Finance: What Is Cryptocurrency and Why Is It So Popular?
If years of growing buzz around cryptocurrency didn’t get your attention, the Bitcoin boom certainly did. In December of 2017, early adopters were thrilled to see the value of a single Bitcoin exceed $17,000. That’s quite a shift from the approximately $700 value seen just one year before. Determined not to miss another opportunity like this ever again, many people are now getting in on the action. But first, you need to know the basics. What is cryptocurrency? Here’s a short introduction on cryptocurrency. The Money of the Future? Cryptocurrency is revolutionary because it is decentralized. What this means is that there is no bank controlling the money. This is an attractive prospect for those who are looking to become … Read more