One of the most well-known cryptocurrencies is Bitcoin (?), which is limited to ’21 million units worldwide. WWU - Designservice
One of the most well-known cryptocurrencies is Bitcoin (?), which is limited to '21 million units worldwide. WWU - Designservice Cryptocurrencies: some people hype them, others disdain them - and most people have no idea what's behind them. This digital currency is based on a complex, highly technological encryption process - the so-called blockchain. Hardly a day goes by without the daily press, specialist magazines or social media reporting on this decentralized system of payment - with the headlines presenting a controversial picture. These vary from -Member of ECB Board describes crypto-assets as a dangerous house of cards- to -New hard currency? Bitcoins are digital gold-. The basic idea behind cryptocurrencies was, and still is, the development of a means of payment which evades monitoring and regulation on the part of banks and states, and which can be traded -covertly- (the name is derived from the Ancient Greek κρύπτο/krypto, meaning -hidden- or -secret-). The origins of this development go back to the 1970s.
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