Monday , 25 September 2017


Bitcoin Is Ushering In a New Monetary Era – Here’s Why

What currency is feared by the European Central Bank as a threat to fiat monetaryBC_Rnd_64px institutions?  What currency is cash-like, but digitally transmittable allowing for ultimate anonymity and global mobility? What digital currency is up over 2,200% over the last year? The answer?  Bitcoin.

So says the introduction to a Visual Capitalist infographic* originally entitled The Encrytion Standard: How The Largest Digital Currency Is Ushering In a New Monetary Era.

This post is presented compliments of www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds), www.munKNEE.com (Your Key to Making Money!) and the Intelligence Report newsletter (It’s free – sign up here) and may have been edited ([ ]), abridged (…) and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement.

 

bitcoin-encryption-standard

Editor’s Note: The author’s views and conclusions in the above article are unaltered and no personal comments have been included to maintain the integrity of the original post. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.

*http://www.visualcapitalist.com/bitcoin-the-encryption-standard

Related Articles:

1. What Are P2P Currencies (Bitcoin & Litecoin)? Should We Get Some?

 

Bitcoin is the first peer-to-peer (P2P) digital currency and payment system to gain significant interest. This month its marketcap surpassed $1 billion. [Below is a description of what Bitcoin is, and isn’t, and why it has caught on to the extent it has.]

2. This Whole Bitcoin Thing is Fascinating & Troubling – Here’s Why

I’ve become interested in this whole Bitcoin thing, the electronic currency first was issued about 3 years ago, and I think it is fascinating – and troubling. Here’s why.

3. Is Popularity of Bitcoins Adversely Affecting Price of Gold?

It is possible that Bitcoins are starting to steal some of gold’s historic role as a safe haven asset, and if that comes to pass it will be a headwind for the metal and the miners of it going forward….

One comment

  1. One thing is that, as compared to PM, “storage” is no longer a problem…