Some have called Bitcoin and other cryptocurrencies the modern equivalent of gold. In some ways this statement rings true, yet there are distinct and notable differences between Bitcoin and gold that warrant discussion.
The term remittance is not one that you hear every week, let alone every day, and even if you are familiar with the term, you may not understand the nature of the beast that is the remittance industry. In fact, the results of our survey How Well Do Americans Understand Money? could be taken to indicate that widespread unfamiliarity with the remittance industry is a near-certainty. It’s not a knock on anyone — who could be reasonably expected to spend their free time researching the ins and outs of remittance?
Wire transfers are a term synonymous with the banking industry, but as more and more people come to understand how banks and other financial institutions bleed them through inescapable fees, wire transfers should fall further and further out of favor. And as consumers explore alternatives to wire transfers that do not require them to throw money down the drain — because these alternatives do exist — they may come to discover the benefits of exchanging funds via cryptocurrency.
Bitcoin is the world’s most popular cryptocurrency. And with its 10th birthday, it has become more interesting than ever before. So, in that line, here are 10 interesting facts about Bitcoin – one for each year.
Hey Miners! Here’s our general service status update for September 2017! Please take a look to see what happened last month, the current status of our service and the plans for the future! …Read more