Finance and Cryptocurrency

Welcome CRYPTO CURRENCY Today, we’ll be discussing, briefly, cryptocurrency. We’ll try to understand in a layman’s terms the basic details that encapsulates cryptocurrency. What is cryptocurrency? Cryptocurrency is digital or virtual money. That means there’s no physical coin or bill — it’s all online. You can transfer cryptocurrency to someone online without a go-between, like a bank. Bitcoin and Ether are well-known cryptocurrencies, but new cryptocurrencies continue to be created(Consumer Information, 2018). In simple, basic language that’s the definition of cryptocurrency. So as you can see it isn’t rocket science. Though, there are aspects to it they are complicated (we’ll get to that). Cryptocurrencies work using a technology called blockchain. Blockchain is a decentralized technology spread across many computers that manages and records transactions. Part of the appeal of this technology is its security.(NerdWallet, 2021). The blockchain is a complex procedure on it’s own a...

Welcome Pi Network: The Next Bitcoin???(Part 1) Welcome to my blog. This is the first post on this blog. Today, we ’ ll be discussing the pi network and it ’ s potential of being the next Bitcoin. I will be giving a brief overview and highly encourage you to do your own personal research. Basically, pi network is a digital or virtual currency created by some Stanford graduates. It was created to be supplementary to Bitcoin. Personally, its hard imagining another digital currency overtaking bitcoin but I believe Pi network can do that. I ’ m on the pi network and I ’ ve been mining coins and as such I can   give an unbiased view of the network. Pi network has some advantages over Bitcoin and they include: 1:   it is mobile friendly. It ’ s mobile usability is top notch. Download the ap and use the link, "ElliotToju1" as your referral code. 2: it doesn ’ t consume electricity, or drain one ’ s battery unlike bitcoin. 3: You can mine pi virtual coins on your phone ...