Learn more about crypto with this collection
Understanding machine learning models
Improving data analysis and decision-making
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Anytime
You can transact at any time, rather than having to wait for bank opening/operating hours.
26
105 reads
MORE IDEAS ON THIS
The Benefits of Cryptocurrencies - Trustless
A bit of a misnomer, trustless is actually a quality meant to explain that you can trust people more because you don’t have to trust anyone in particular. You can use the blockchain with confidence knowing that nobody can tamper with it after your transa...
27
112 reads
Control
Related to the point above, you can control and manage your own assets without any intermediaries involved. Just keep your private keys safe!
25
111 reads
What Are Cryptocurrencies?
A cryptocurrency is a digital medium of exchange using strong cryptography to secure financial transactions, control the creation of additional units and verify the transfer of assets.
There are a few pieces here to focus on: digita...
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457 reads
Known Factors
Unlike the typical government-issued monetary system, most cryptocurrencies come with a predictable supply schedule. This means that you can work out an inflation rate per year, with that being known, rather than being at the whims of a central government.
27
70 reads
Global
Everyone around the world can participate in the network, and you can send and receive cryptocurrencies quickly within minutes or seconds. This means that even those without access to the current banking system (the underbanked or unbanked) can also participate in the global economy.
25
76 reads
Transparent
You can check every transaction that ever took place on most blockchains, such as on Bitcoin or Ethereum.
25
94 reads
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