Hi to all,
I constantly read about cryptocurrencies and I continue to be confused. Not with the idea of it all but, instead, I remain dazed with the idea of these coins being true currency. They’re not.
Let’s quickly speak of Bitcoin. If you dig a little online one will find the original paper that Satoshi Nakamoto published in regards to the writing/creation of Bitcoin (September 2008).
The tile of the document was Bitcoin: a peer-to-peer electronic cash system. Bitcoin is not a currency it is simply an accounting system for electronic cash, yet we (people) call it digital currency? Confusing I know.
Regardless it looks like the world is starting to adopt the idea of it all and the future looks super exciting when pertaining to “cryptocurrencies.” ;)