The cryptocurrency is a value of trust in which the users are those who give them an amount according to their offer and demand; they are therefore a medium of exchange within a digital world to purchase products or services. From the outset, they seem to have many similarities with money, but this is not the case: the first big difference has to do with the fact that cryptocurrencies do not have the backing of a central bank or an economic entity.
Due to its nature, this new exchange system prevents specific, clear rules on the use, handling, purchase, and sale of these new forms of value.
Why Is It So Popular?
There are many stories about cryptocurrencies, just look a few minutes on the network to find stories of “success” on these “currencies”, some link young people who bought them a few years ago in a few cents and soon after obtained millions of them; some others mention them as the new economic system of the future, and so on.…