Not exact matches
So far, blockchain has attracted most interest as the system that underwrites
digital currencies like Bitcoin but it is also likely to underwrite the next disruption in publishing, and likely in a way that will be even more disruptive
than the
digital revolution.
But because it's
digital it can be sent anywhere easily, and each bitcoin can be divided up into fractions much easier
than trying to cut up a gold bar, making it potentially much easier to use for actual transactions and to act
like a
currency.
Like many things in the
digital currency world, cryptocurrency market forces are often even stranger and more inscrutable
than their traditional financial counterparts.
The crypto market dipped below $ 300 billion on Wednesday, as leading
digital currencies like Ethereum and Litecoin fell at a brisker pace
than their peers.
This might seem
like an extreme example, but
digital currencies are much, much smaller
than other financial markets.
Altcoins
like Litecoin, Dogecoin, Darkcoin, and Namecoin are just some of the widely used
digital currencies other
than Bitcoin in the iGaming industry.
Players in the
digital currency space,
like PayPal and Square, had to address cryptocurrencies earlier
than most.
Spencer Bogart of Blockchain Capital says bitcoin is more
like gold in
digital form
than a
currency.
In at least a few cases in the U.S., the Times added, cryptocurrency enthusiasts have chosen to arm themselves — though alternatives
like storing the
currency in accounts that require multiple sign - ins from different people, or simply not bragging about one's
digital hoards in the first place, kind of seem
like better ideas
than posting videos with assault rifles to dissuade would - be attackers.
BTC behaves more
like a
digital version of gold — an asset that cryptocurrency investors can flock to in times of trouble —
than it does a
digital currency.
Some tokens
like ICON (ICX) and Storm have surged by over 40 percent due to exchange listings, but other
than the two cryptocurrencies, most
digital currencies have sustained their price from March 20.
Zhou praised the
digital currency, stating that he
likes it far more
than its competitors, telling CoinDesk:
It's really strange how projects
like Cardano, which essentially exist as only a whitepaper, can attain a higher grade
than the oldest and biggest
digital currency, Bitcoin.