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:



Crypto Newbie: How to Tell Between Bitcoin, Altcoins and Tokens?
Oct 23, 2021 at 09:30
News
Crypto Newbie: How to Tell Between Bitcoin, Altcoins and Tokens?
Although only lazybones haven’t heard of cryptocurrency yet, society generally still lacks awareness about this type of money. Nevertheless, the number of newcomers to the industry grows on a daily basis. But where to start before investing your money and risking to lose it all?
El Salvadoran Migrants Send Money Home Using Bitcoin: $3 Million Worth of Remittances Received in One Day
Oct 18, 2021 at 10:31
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El Salvadoran Migrants Send Money Home Using Bitcoin: $3 Million Worth of Remittances Received in One Day
El Salvadorans seem to confirm that Bitcoin is the best solution for remittances between countries. According to President Nayib Bukele, the national Chivo wallet registered over $3 million worth of transactions in Bitcoins, most of which were sent from abroad.
Fantasy Trading Contests: Are They the Perfect Way to Earn Crypto?
Oct 11, 2021 at 10:26
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Fantasy Trading Contests: Are They the Perfect Way to Earn Crypto?
Fantasy trading contests can teach you about the crypto market while giving you a chance to profit in the process. Read more info about these competitions!
What is Royaltiz? What Does the Future Have in Store for us?
Oct 06, 2021 at 09:25
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What is Royaltiz? What Does the Future Have in Store for us?
Royaltiz is a new branch of investing in the 21st century. A team of specialists has been working hard on a celebrity investing platform. This means that the full range of features is the same as a stock exchange, but you invest in people - not company stocks.
Criminals Kidnapped a Man to Steal $523,000 Worth of Cryptocurrency
Oct 04, 2021 at 11:50
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Criminals Kidnapped a Man to Steal $523,000 Worth of Cryptocurrency
In Kaliningrad, Russia, criminals kidnapped a man in broad daylight to get their hands on his cryptocurrency holdings. In the process, they beated something like $523,000 in cryptocurrency out of him. Literally.
Coinbase in Trouble Again: Can the Fund Theft Result in Additional Scrutiny with Regulators?
Oct 03, 2021 at 09:17
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Coinbase in Trouble Again: Can the Fund Theft Result in Additional Scrutiny with Regulators?
One of the largest exchanges in the world has been in trouble a lot lately. Just recently, it had to deal with scrutiny over regulatory issues. Now their customers have been robbed of their money by a cyber attack.
Alarming Trend: Another Cryptocurrency Giant Gets in Trouble with the US Regulators
Sep 29, 2021 at 12:17
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Alarming Trend: Another Cryptocurrency Giant Gets in Trouble with the US Regulators
The scrutiny that US regulators are imposing on cryptocurrency companies seems to be becoming a trend. Kraken is the latest company to run into trouble. The exchange had to pay a $1.25 fine for alleged illegal activity.
Chivo Users Continue to Experience Difficulties Despite the President Saying Everything is Fixed
Sep 18, 2021 at 11:40
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Chivo Users Continue to Experience Difficulties Despite the President Saying Everything is Fixed
It seems that the introduction of Bitcoin in El Salvador is not going as smoothly as expected. Although President Bukele publicly assured citizens that the problems with the Chivo wallet have been fixed, users are still reporting issues.
Celebrities Promote Suspicious Projects, Lacking Knowledge to Tell a Legitimate Project from a Scam
Sep 12, 2021 at 09:50
News
Celebrities Promote Suspicious Projects, Lacking Knowledge to Tell a Legitimate Project from a Scam
The UK Financial Conduct Authority (FCA) accuses Kim Kardashian of promoting a risky cryptoasset token that could be a scam. Is this a result of a lack of awareness or a drive for money?
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