Thoughts on Cryptocurrency

Cryptocurrencies are decentralized, you don’t need the violent power of a state to enforce the value of the currency, and you don’t need any middleman to complete a transaction

Crypto is like a Swiss bank account that no government can break into.

The pros of Bitcoin:

It’s easy to send across the globe

It’s easy to divide  

It’s easy to verify

The cons of Bitcoin:

It’s new and many people still don’t trust it

It’s extremely volatile 

It’s a speculative asset