Q. Is Bitcoin a viable alternative to failing domestic currency?
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Is Bitcoin a viable alternative to failing domestic currency?

As mentioned by Reddit Founder Alex Ohanianin an interview with Bitcoinist.com, even though cryptocurrency is massively volatile, it’s far less volatile than some of the world’s failing currencies. But would there be technical boundaries for non-tech savvy people for mass adoption? Can we really see a farmer in Venezuela going to the store and buying bread with Bitcoin? This is a real possiblity and certainly a (albeit very distant) future that some are predicting.


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Aug, 2018

Cryptocurrency
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Cryptocurrency

Cryptocurrency is a secure, trustful and transparent digital currency which can neither be counterfeited nor be reversed arbitrarily by the sender. It eliminates the necessity of a third party involvement for the exchange, as it is encrypted and peer-to-peer virtual currency. For those who prefer non-disclosure and privacy, cryptocurrency is the solution. The use of this kind of virtual currency prevents any kind of identity theft. The concept of cryptocurrency has given birth to reliable e-cash.

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