Ban or regulate? Editorial 29th Jul’19 TheHindu

Headline : Ban or regulate? Editorial 29th Jul'19 TheHindu Details : Use of Cryptocurrencies  at this moment in a bit shady: Bitcoin, the most prominent among cryptocurrencies, has fluctuated wildly in value, even over short periods of time. As per some analysts, for now, “speculation remains Bitcoin’s primary use case”. Its use in illegal online marketplaces … Continue reading Ban or regulate? Editorial 29th Jul’19 TheHindu

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Discuss the advantages and risks of crypto-currencies like the Bitcoin.

Discuss the advantages and risks of crypto-currencies like the Bitcoin. Approach Introduce with the concept of cryptocurrency Discuss its advantages Highlight the risks Conclude with the government's position that they have been outlawed Cryptocurrency is an electronic or digital currency that works on a peer-to-peer basis without the need for a trusted third party such … Continue reading Discuss the advantages and risks of crypto-currencies like the Bitcoin.

Bitcoin

Bitcoin is a digital currency that is not supported by any country’s government or central bank. It can be traded for services or goods with sellers who accept bitcoins as payment. Bitcoin was first  introduced in October 2008. It was invented by an unidentified programmer, or group of programmers, under the name of Satoshi Nakamoto. The system … Continue reading Bitcoin