You can buy units of cryptocurrencies with real money and manage them via your smartphone. You can buy all kinds of things with them online. There are almost 2,000 cryptocurrencies nowadays. How do they work?
The German capital is fast becoming a major center for the development of cryptocurrency systems. The Longhash Crypto Festival held in the city brought together participants from across the world.
A further drop in the value of Bitcoin and other cryptocurrencies has recently left investors nursing heavy losses. Many proponents are holding out for a new breakout, if their digital assets can go mainstream.
The best-known cryptocurrency, Bitcoin, has been around for 10 years and its history so far has been one of ups and downs. The financial world is still split down the middle over the future of the virtual currency.
Venezuela's government wants to launch a cryptocurrency this month, but analysts are not giving it much of a chance. Named “petro,” it lacks just about everything that is needed to function as a currency.
© 2019 Deutsche Welle |
Legal notice |
| Mobile version