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The initial digital currency which comes into the presence was Bitcoin which was based on Blockchain innovation and likely was sent off in 2009 by a strange individual Satoshi Nakamoto. At the time of composing this blog, 17 million bitcoin had been mined and it is accepted that all out 21 million bitcoin could be mined. The other most famous cryptographic forms of money are Ethereum, Litecoin, Ripple, Golem, Civic, and hard forks of Bitcoin like Bitcoin Cash and Bitcoin Gold.

A blockchain functions as an open-source ledger where users record, control, and amend transactions. The blockchain is no different from other platforms, say for instance Wikipedia. Just as Wikipedia is an open-source platform where a single publisher is not responsible for fabricating content, blockchain too does not give full power to just one miner.

Starbucks, Whole Foods, and even Gucci accept them. Now, a Bucks County company is joining the ranks of businesses embracing cryptocurrencies. New Hope, PA-based luxury seasoning line Wah Gwan® (inspired by the Jamaican Patois greeting which translates to "what's going on?") is allowing customers to use them as an official method of payment for their spice blends and seasoning.

Cryptocurrency photo by RODNAE Productions on Pexels. The cryptocurrency market hasn’t been nice to you lately. Then this may have you wondering if this was the right market to invest in.

The Internet used to be like crypto. People didn't know if it was a fad, a joke or the Next Big Thing. Only now we know, the Internet became one of the Biggest Things Ever. Those who saw the value early reaped the most benefits.

Just in the past week, our journalists have encountered this new scam 14 times!. A Screenshot of a Facebook Messenger message between a scammer and one of our reporters.Screen Shot taken by The Veracity Report.

Did you know that as of March 2022, there are over 18465 digital currencies in existence? However, of that list, there are about 10,363 active cryptocurrencies (almost 8000 are inactive or dead). And if you’re like me, you’re probably wondering which are the top 20 cryptocurrencies to invest in.

Though economists largely agree that virtual currency replacing cash is a long-term inevitability, some are questioning the current health of crypto culture. This article is based on corporate postings and accredited media reports. All linked information within this article is fully-attributed to the following outlets:The New York Times, The New York Post, The Economic Times, Data-Driven Investor, Bitcoin Magazine, Ad Week, The Street, and Investopedia.

A person or group known as Satoshi Nakamoto wrote a paper thirteen years ago describing a new software system called bitcoin. Bitcoin is already valued over $1 trillion, and it has ignited a phenomena that proponents believe has the capacity to completely restructure the global financial system.

Though the year such action is said to be consummated remains in dispute, economists largely agree that cash and credit as we know it will entirely give way to virtual currency.

Immediately after passing a resolution that it would explore Bitcoin mining, the City of Fort Worth took action. Led by Mayor Mattie Taylor, a small Bitcoin mining farm has now been built in City Hall and three mining machines are now running 24 hours per day, 7 days per week as of April 26!

Trading cryptocurrenciesPhoto by Behnam Norouzi on Unsplash. The cryptocurrency market has not been favorable to investors lately. Since October last year, cryptocurrency prices fell and continue to trade in an up and down movement.

Bitcoin (BTC-USD) is now over the $40,000 mark, going over and under it this past month. Bitcoin is now down over 14.2% so far this year. Today BTC is at $40,914, which is off 14.6% from its prior peak of $47,912 on March 28. Nevertheless, investors might want to take advantage of this weakness, as it is likely to weather the present inflation storm fairly well as a store of value.

Inflation, the Russian war, and the high cost of gas have you wondering where can you save your money for the best return. You know banks won’t do it for you. They haven’t for years.

Questions and solutions involving global history, auctions, and cryptocurrency. I didn’t either until I read a Bloomberg article about how the research DAO, Abolition in Progress won a bid at Sotheby’s for a major part of American history in response to another group’s attempt to purchase a rare copy of the United States Constitution.

This is one of the more bullish price predictions on Bitcoin. In her most recent public appearance, Cathie Wood shared her thoughts on Bitcoin. At the Miami Bitcoin Conference, Cathie Wood stated the cryptocurrency would reach over $1 million per Bitcoin by 2030. At the time of this writing, the crypto is in the $42,000 price range.

Crypto assets are maturing as alternative class of assets. As cryptocurrencies rise in popularity and price, the scams rise to the occasion. In late February I received a request to connect on LinkedIn from a person claiming to be the Director of Market Research at DIOR. Their profile stated they were from Singapore and working in Toronto for a few months. The profile was for Elaine Li, with a picture of a woman with oriental heritage. "Elaine" said she was wanting to exchange cultural information and hoped we could learn from each other in conversation. Being the professional I am, I connected.

photo of bitcoin and graphPhoto by Pierre Borthiry. Bitcoin is still the talk of the town. It’s like the gold of cryptocurrency and it only seems to keep going up in value. Whenever you think of crypto, you think of Bitcoin first and the rest. Yet, so many people are hesitant to invest in it.