Trading and investing may sound the same, but in reality, they are as different as day and night. Trading refers to a short-term method of trying to profit from buying and selling of bitcoins while investing refers to a long-term strategy where a buyer will hold on to their bitcoins for a long time and ride out any dips in the market price.
The Origins of Fractional Banking The fundamental idea governing the fractional banking system dates back to medieval England. Between 1000 and 1100 A.D., money lenders, who were at that time referred to as goldsmiths, secured the people’s gold and silver in their vaults. With each deposit of gold or silver, the depositors were given a…
Yet, the dollar’s key position in the global economy is increasingly called into question. There are good reasons to question the dollar’s value and strength. The US government is guilty of every action that makes fiat money worthless, and the US economy has experienced nearly all the consequences listed above. Current policy is only increasing these effects and putting the US economy at greater risk. Some current and very serious dangers facing
Bitcoin is the first successful cryptocurrency in history, and it became successful because of the many positive merits not found in traditional or fiat currency (this is your country’s national currency). In this article, you’ll find out about five advantages Bitcoin has over fiat currency. 1 – Bitcoin Is Decentralized Unlike fiat currency, Bitcoin is…
