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The story commenced from our weekly board meetings, when every director was complaining about crypto volatility and related Indexes, that how sentimental affect our business!
We knew and believed cryptocurrencies are salvation! There is no investment better than crypto in this decade, but how can we convince conservative clients, mostly matured and retired, to invest in the crypto market?! Their answers were always a big NO! Cryptocurrencies were not tangible, and most clients were unfamiliar with new technology and gadgets.
It was not easy to believe investing in something that has just in a day more than ten percent price difference will be a wise decision!
Offering a basket of cryptocurrencies was more confusing! They did not even remember what they bought and what the name was.
When someone wanted to change, trade, or swap an item, it would tu..
How I Can Spend Cryptocurrency
Cryptocurrency is seemingly everywhere. From the early days of bitcoin back in 2009, today, there are different cryptocurrencies to invest in as an alternative to traditional stocks and shares. Millennials are the leaders when it comes to investing in cryptocurrency; however, it is growing in popularity with older generations and their incoming Gen Z.
What exactly is cryptocurrency?
A cryptocurrency is a digital or virtual currency protected by encryption, making counterfeiting or double-spending practically impossible. Many cryptocurrencies are decentralized networks built on blockchain technology, a distributed ledger enforced by a network of computers. Cryptocurrencies are distinguished because they are generally not issued by any central authority, making them potentially impervious to government meddling or manipulation.
Can you spend cryptocurrency?
There are a few different ways to spend cryptocurrency, specifically Bitcoin.