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The ultimate cryptocurrency explainer: Bitcoin, utility tokens, and stablecoins

Wednesday, February 13, 2019 by Piyush Suthar | Comments

Home News Tech The ultimate cryptocurrency explainer: Bitcoin, utility tokens, and stablecoins

Ten years ago the arrival of Bitcoin changed how we view the global monetary system. With it, a new era was introduced that is reshaping how we connect and exchange value. Cryptocurrencies are decentralized digital assets that use cryptography as an encryption mechanism for security purposes. Beginning with Bitcoin, at the time of the 2008 global financial crisis, the idea was to create a currency independent of any central authority that could be electronically transferred with low transaction fees. The idea behind Bitcoin was to give back monetary control to the people. In order for them to function, they use…

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Authored by Piyush Suthar
Pro Blogger


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