Money

Money is any item or data that is accepted as payment for goods and services in the country or any socio-economic context. Fiat currencies are currencies established as primary money in most jurisdictions.

Bitcoin and many other cryptocurrencies are mostly considered as a means of payment and sometimes considered as money in the Internet. However, there are only a few countries that accept it as a legal means of payment (like Japan) and some countries that ban using bitcoin and altcoins.

Is Bitcoin a real money? Is cryptocurrency money? Can Bitcoin be used to earn money? Does Bitcoin mining cost money? Will bitcoin replace money?

These and many other questions covered in the following articles on Coinidol.com:



Top 5 Mistakes of Employers when Interacting with Remote Workers
Jul 20, 2021 at 11:01
News
Top 5 Mistakes of Employers when Interacting with Remote Workers
As the blockchain and cryptocurrency industry is almost entirely digital, it offers vast potential for remote labour. About 61% of employees prefer being fully remote, and 74% of professionals want remote work to become standard, according to Forbes.
60% of Central Banks are Exploring CBDCs: The European Central Bank has Reached the 'Investigation' Stage
Jul 16, 2021 at 10:02
News
60% of Central Banks are Exploring CBDCs: The European Central Bank has Reached the 'Investigation' Stage
The European Central Bank has just announced that it has reached the investigative stage of its digital euro project. If successful, the European Union would be the largest economic bloc to implement a Central Bank Digital Currency (CBDC) project. The progress made by the European Central Bank is a step towards a "CBDC era".
Cryptocurrency Money Laundering Thrives in the UK; $408 Million Already Laundered
Jul 15, 2021 at 09:15
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Cryptocurrency Money Laundering Thrives in the UK; $408 Million Already Laundered
Since the UK began hunting money launderers, British police have managed to seize over $408 million (£294 million) worth of illegal cryptocurrencies. This shows that the general situation with money laundering using cryptocurrencies in the United Kingdom is alarming.
Peculiarities of the post-COVID Era: POS Innovations to Flourish by 2026
Jul 14, 2021 at 11:00
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Peculiarities of the post-COVID Era: POS Innovations to Flourish by 2026
Several customers' demand for a variety of contactless payment alternatives is triggering unprecedented growth. As per the new findings, the number of smart point-of-sale terminals is heading for a massive growth in the coming few years since retailers and consumers are increasingly embracing and adopting the financial and payment technology.
Binance Faces Scrutiny Worldwide: How Can This Affect the Cryptocurrency Community?
Jul 08, 2021 at 10:00
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Binance Faces Scrutiny Worldwide: How Can This Affect the Cryptocurrency Community?
Cayman Islands-based cryptocurrency exchange Binance received a red card from several regulators worldwide. What's next for crypto users and the crypto community in general?
Light-Fingered Cryptopia’s Employee Was Not Involved in the 2019 Hack
Jul 07, 2021 at 13:00
News
Light-Fingered Cryptopia’s Employee Was Not Involved in the 2019 Hack
The former Cryptopia employee, whose identity was not revealed for security reasons, was charged for the theft of customer data and stealing about $250,000 worth of cryptocurrencies when he appeared in Christchurch District Court on July 5. The man was later released on bail until the final trial on October 20, 2021.
Human Intellect vs Artificial Intelligence: Which is Better?
Jul 06, 2021 at 10:41
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Human Intellect vs Artificial Intelligence: Which is Better?
In this era of technological revolution, several employers, companies and organizations are trying to adopt machine learning, decentralized technologies such as blockchain and distributed artificial intelligence (DAI) to improve work efficiency and reduce operational costs as the adoption of these tools leads to a reduction in the workforce.
Cases of Cryptocurrency Exchange Founders Running off with Investors' Money on the Rise in Africa
Jun 26, 2021 at 09:24
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Cases of Cryptocurrency Exchange Founders Running off with Investors' Money on the Rise in Africa
It is becoming a norm in Africa for founders of cryptocurrency exchanges to lure investors to store and multiply their fortune in bitcoin and other forms of digital currencies through their exchanges and then suddenly run away with all the money.
Digital Wallets for Fiat vs Cryptocurrency Wallets: Which is Better?
Jun 21, 2021 at 08:20
News
Digital Wallets for Fiat vs Cryptocurrency Wallets: Which is Better?
General digitization has brought most of the world's population online. Most operations from virtually all walks of life, including payments, are going digital. Therefore, wallets have also gone digital. Storing money in a pocket is a relic of the past.
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