Cryptocurrency: The Abstraction of Money

cryptocurrency

Current Cryptocurrency Prices (Top 10)

Name Price
Bitcoin (BTC)
₱2,781,841.97
Ethereum (ETH)
₱169,072.26
Binance Coin (BNB)
₱30,286.94
Dogecoin (DOGE)
₱33.66
XRP (XRP)
₱77.05
Tether (USDT)
₱48.34
Cardano (ADA)
₱78.01
Polkadot (DOT)
₱1,921.98
Bitcoin Cash (BCH)
₱68,469.00
Litecoin (LTC)
₱16,930.25

Cryptocurrency or “crypto” is digital currency system decentralized of control from banks. It features an online ledger with secure cryptography for its transactions, which is called a blockchain.

And I wan’t to be part of it. Why? Because it gives the same vibe back when the internet was booming in the 90’s. The internet has taken on a whole new level today that it’s so rare to find a person not connected to it in some form or another.

I think, crypto is here to stay and evolve the same way the internet has. The ongoing worldwide pandemic will amplify innovation, and in a few years we might be seeing a massive change in the way we transact business. We live in exciting and interesting times indeed. In fact, it’s starting to take shape in China.

Here are some interesting links to help you kickstart, https://academy.binance.com/en and this girl’s youtube video https://cutt.ly/1xp0DlS

Very excited to announce our partnership with @FISGlobal as #Bitcoin becomes more integrated with banking services. Our collective solution will help bridge the gap in accessibility to Bitcoin. https://bwnews.pr/3eRQJ9S

"Of course, I hate the #Bitcoin success and I don’t welcome a currency that’s useful" - Charlie Munger https://finance.yahoo.com/news/buffett-and-munger-on-bitcoin-213317653.html

Relative to $BTC, over the past five years $BRK/A has been in a massive decline is keeps following to new lows.

US household income rose at a record pace of 21.1% in March as federal-stimulus checks supported by @federalreserve money printing.

The surge in income last month was the largest monthly increase in government records tracing back to 1959.

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Disclaimer: I’m not an expert in finances, like most people I’m also just learning these stuff so don’t take my word like I’m some financial adviser. Learn on your own, make some research before you even think about investing.