Tag: Cryptocurrency

  • Why is Bitcoin Valuable?

    Why is Bitcoin Valuable?

    Summary Bitcoin’s value stems from a variety of different attributes. At the end of the day, the value of cryptocurrencies and fiat currencies comes from “trust”. As long as society believes in the fiat currency system, money will always have value. The same is true for Bitcoin: as long as users trust it, it has…

  • Cryptocurrency Basics

    Cryptocurrency Basics

    Cryptocurrency Basics What is cryptocurrency? Cryptocurrency (abbreviated “crypto”) is a digital currency that individual users can use as a medium to transfer economic value in a digital environment. You might be wondering how this system differs from PayPal or the digital banking app on your phone. On the surface, they seem to be used in…