Don’t invest in cryptocurrency until you’ve asked (and answered) these five questions.
Cryptocurrency is controversial, risky, wildly volatile — and gaining traction fast. The world of digital coinage is a red-hot tool for those looking for a new way to make money, and it’s seen by some as a step forward for investors — a kind of “Money 2.0” that’ll democratize finance and swindle and scam. Still others consider the whole endeavor an empty bubble, destined to burst.. To others, , and are simply a new, digital form of an old con primed to
In simple terms, cryptocurrency is a digital token whose ownership is recorded on a blockchain, a distributed software ledger that no one controls — this is designed to make it more secure, in theory. Bitcoin and ethereum are the two most widely known flavors of crypto, but more than 18,000 tokens are traded under different names (is one famous example).