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Blockchain Networks Explained: Public Blockchain | Private Blockchain | Hybrid Blockchain & Federated Blockchain

Blockchain is the technology that is used in cryptocurrency or bitcoin. It is like a ledger that saves the data or records on each transaction. Usually, once it is recorded and saved it can not be altered. Blockchain technology is designed to make each record...

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Cryptocurrency Wallets vs Bank Savings : What are the Difference? | Benefits of Decentralized Financial System

How can a country work without a central bank?

With the exception of just a small handful of countries (Andorra, Panama, Monaco etc.), civilians will have grown up under the economic influence of a central bank. An organisation which in effect, takes full national control of money, currency and economic...

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Bitcoin and Austrian Economics

Bitcoin is a peer to peer electronic version of currency which can be transferred between individuals without the need to involve a financial institution to act as an intermediary. There is an element of the system which relies on a reference to public record...

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Countries Where Bitcoin Trades With A Premium And Reasons Behind

There are several countries around the globe that are now trading their cryptocurrency or Bitcoin with premium. And each country has its own reasons for its involvement in the world of cryptocurrency.

 

Countries That Trade Bitcoin with a Premium

There are some...

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How will Bitcoin behave in a financial crisis?

Bitcoin is one of our world's youngest forms of currency, born in 2008. It's no secret that the workings of our global economy are convoluted. The value of our assets and our collective economic stability are beholden to the behavior of financial institutions...

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Crypto Mining Protocols: Understanding the Importance of Hard Forks and Soft Forks in Crypto | Benefits & Risks

If you are interested in knowing Blockchain and Cryptocurrencies, you should also be familiar with the terms related to it for you to have a better understanding. There are a lot of familiar and unfamiliar terms that are related to cryptocurrency such as algorithm,...

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Reserve currency and its role throughout history

Reserve currencies have existed in some form or another for centuries. As cryptocurrencies rise in popularity, is it possible that they may become the new reserve currency? First, let's look at what a reserve currency is.

A reserve currency is a single currency...

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Warren Buffet's Opinion on Bitcoin and Blockchain

Bitcoin is, by all accounts, a highly controversial topic. The increasingly popular form of crypto-currency has seen its popularity soar in recent years as its use is backed further by influential figures and companies alike. However, not everyone shares the...

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