Daily Bits

cryptocurrency

How Cryptocurrency is Finally Becoming Mainstream

by

Is cryptocurrency finally becoming mainstream in the 2020s? There might be a few naysayers out there, but the consensus is that alternative currencies like bitcoin and ethereum are finally breaking through the social and economic barriers and winning over enough people to gain traction as accepted forms of money. Of course, there are exceptions, and not everyone recognizes crypto as a form of payment, store of value, or vehicle for savings. [Read more…] about How Cryptocurrency is Finally Becoming Mainstream

What are Cryptocurrency Wallets and Why You Should Need One?

by

Cryptocurrency – a type of internet-associated digital currencies, alternative currencies, or virtual currencies and uses cryptography for security – has rather became widely popular and practically useful in the modern days. From being born in the second world war out of the need for secured communication, it has hugely evolved in the digital era (with the elements of mathematical theory and computer science) and became a way to best secure not only communication and information – but your money online.

Today, cryptocurrency – widely recognized as a digital currency – is mostly utilized to transfer funds between two parties in which transactions include purchasing gift cards, paying flights, booking hotels, buying from app stores, and/or other businesses that can be done online. Because of these, the need for a place to store them was created – a virtual wallet called cryptocurrency wallet. [Read more…] about What are Cryptocurrency Wallets and Why You Should Need One?