Bank of Italy Doubts the Nature of Cryptocurrency
Jul 05, 2019 at 10:22
According to a recent Bank of Italy survey on the media bubble started by Libra, the Facebook project, there are many doubts about the nature of these tools, both functional and legal. The study reveals that they do not meet the definition of a financial asset; the high price volatility does not make them equivalent to liquid assets similar to currency; and those convertible at a floating exchange rate do not have the characteristics of legal money – fiat currency.
Benefits and Criteria for Picking Cryptocurrency Mining Pool
Jun 21, 2019 at 13:21
The people who adopted Bitcoin earlier, benefited a lot from it, especially during the cryptocurrency bubble in December 2017 when they saw weighty block rewards and massive gains from this money-spinning new venture. The time when Bitcoin had just surfaced, its mining was relatively cheap, but when its price and popularity started to increase uniformly, the mining difficulty followed suit. Now, pools appear to be a big deal for crypto investors who want to venture into mining.