Learn more about moneyandinvestments with this collection
How to use storytelling to influence and persuade
How to create a compelling narrative
How to structure your story for maximum impact
Cryptocurrency is still in its price discovery phase where an asset fluctuates until its value is established by supply and demand.
13
114 reads
MORE IDEAS ON THIS
Cryptocurrencies are new, whereas Fiat currencies have been in use for centuries. This would require a large number of people to adopt it. It may occur once value and purchasing power are established.
Fiat currencies are not easily given up by governments d...
13
86 reads
Blockchain technology. It is a distributed database secured with encryption techniques and technology that is very difficult to break.
The encryption, linked blocks, and consensus mechanisms make it impossible to change information in the blockchain to steal
14
139 reads
13
278 reads
13
113 reads
Do you remember when the internet, computers, and email were only of interest to a small group of IT geeks? You're probably using it right now.
This technology will likely continue to be developed and refined.
13
90 reads
Some cryptocurrencies employ a consensus mechanism that uses computational power and large amounts of energy to verify and validate transactions.
Mining farms requires massive amounts of energy.
14
142 reads
Most cryptocurrencies have no programming, code, or malicious artificial intent that works to take money from you.
People have created scams steal your cryptocurrency or money. For example:
13
118 reads
2021 data of Chainalysis:
Most cryptocurrency transactions are conducted with legitimate and legal intentions.
13
188 reads
Whether cryptocurrency is safe or not depends on your perspective
13
131 reads
Value is a subjective concept. a person, community, or society may place value on an object that another puts in the recycle bin.
This is a great example:
13
180 reads
The IMF defines money as a store of value, unit of account, or medium of exchange that is widely accepted and can be translated into prices.
The FINRA defines cryptocurrency as a digital representation of a stored value through cryptography.
The
14
88 reads
CURATED FROM
IDEAS CURATED BY
Because cryptocurrencies have grown in popularity in recent years, it is critical to be well informed on these new themes.
“
Related collections
Other curated ideas on this topic:
Cryptocurrency is an incredibly speculative and volatile buy. Stock trading of established companies is generally less risky than investing in cryptocurrencies such as Bitcoin.
OMV is the price an asset would get in the marketplace, or the value the investment community gives to particular equity or business.
Market value is also used to refer to the market capitalization of a publicly-traded company. It is calculated by multiplying the number of...
Cryptocurrencies may go up in value, but many investors see them as mere speculations, not real investments. The reason? Just like real currencies, cryptocurrencies generate no cash flow, so for you to profit, someone has to pay more for the currency than you did.
Cryptocurrency needs stabi...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates