Five facts about cryptocurrency worth knowing

Five facts about cryptocurrency worth knowing

What is cryptocurrency

The first cryptocurrency appeared in the public domain five years ago. Since then, a lot of electronic money has joined the familiar bitcoin. But still not everyone knows what it is, how to use currency...

The future of cryptocurrencies

Cryptocurrencies have suffered severe losses in recent months. For example, the USD/Bitcoin exchange rate fell from nearly $70,000 at the beginning of November 2021 to below $20,000 at the end of June and, despite ups...

Experts named several promising crypto-projects

Every year the number of cryptocurrencies grows and it becomes difficult to determine which of the new coins can potentially bring profit and which should be treated with more skepticism. Experts named several promising tokens...

About cryptocurrencies, types

Best Crypto Decentralized Exchanges in the Market

The best decentralized cryptocurrency exchanges provide users with a secure peer-to-peer trading experience. Users maintain complete control over their funds and can trade anonymously and... Read More "Best Crypto Decentralized Exchanges in the Market"

Why are stabelcoins important?

Stablecoins are a class of cryptocurrency whose price is more stable than non-fiat cryptocurrencies such as bitcoin. The market value of stabelcoins is tied to the value of a "stable" reserve Read More "Why are stabelcoins important?"

What is Ethereum, what is Ether and what is the difference?

Ethereum is an entire cryptocurrency ecosystem based on blockchain technology. It allows the creation of decentralized applications using so-called "smart contracts. Read More "What is Ethereum, what is Ether and what is the difference?"

What is bitcoin and how does it work?

Bitcoin is a decentralized system based on a software protocol and based on the principle of direct exchange between users. Read More "What is bitcoin and how does it work?"

Bitcoin and its value

Why does bitcoin have value?

First of all, bitcoin has value for the same reason that paper and digital money do - it is a convenient form of money that people usually accept. It is used to buy and sell things. Read More "Why does bitcoin have value?"

How to top up a Bitcoin wallet

Mining is one of the most popular and effective ways of making money for modern Internet users. To make a profit it is enough to have a powerful computer Read More "How to top up a Bitcoin wallet"

The difference between bitcoin and traditional currency

The relationship between bitcoin and traditional currencies is complex. Bitcoin seeks to undermine the traditional way of handling money Read More "The difference between bitcoin and traditional currency"
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Foggy future of cryptocurrencies and bans

As of early 2022, more than 40 countries are in favor of banning or partially restricting the use of digital assets. This is due to the threat of disrupting the established financial system.

In addition, one of the reasons for the ban is the difficulty of monitoring the income of citizens who use coins.If this trend continues, more countries will soon apply sanctions in the form of administrative or criminal liability for transactions with cryptocurrencies.

Investing in digital assets, using them to pay for services, trading and hoarding could fall under the ban.
However, as we can see from the China example, the ban may not be effective. A recent anonymous survey showed that citizens of the Middle Kingdom continue to conduct transactions with digital coins. For this purpose, they use VPNs, as well as use the services of illegal account verification on exchanges.

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