Why cash is better than debt wealth? Сash is the actual money, i.e. common liquid commodity, not a promise to provide such commodity. Cashless money is promissory notes cleared by cash. Cash transactions are untraceable, they’re anonymous and decentralized. They require no third party involvement, and, as opposed to bank.
Quite often, our understanding of a cryptocurrency is limited by what we found out about it in media or on forums.
The new generation of cryptocurrencies based on DAG thrust its way: another example of such tokens is Byteball, a coin without blockchain or mining with fast and immutable transactions one may conceal or confirm with a third party at will. The Byteball team attempts to solve the problems faced by.
At the start of the 21st century, Estonia, a country with 1.3 million population, and with its labor pool having one foot out of the door, has launched a major project for general digitalization. Fifteen years later, the country’s infrastructure was ready to take the world’s first govtech blockchain-based projects.
All around the world, there are more and more companies accepting bitcoins, including such giants as Microsoft, Dell, and Overstock. Possibly, now is the time for small businesses to turn their attention to bitcoin as well.
Bitcoin currently poses no risk to the Russian financial system, the country’s deputy finance minister Alexei Moiseev said.
According to analysts at Kaspersky Labs, cryptocurrencies may join banks, stock exchanges and investment funds in the list of possible targets for hackers in 2017.
According to recent researches by Facebook and MasterCard, majority of young people don’t trust traditional banks, favoring new fintech services instead.