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“What bitcoin isn’t” – Moneyweb | $4,106.45

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This is true for all cryptocurrencies, he argued, because of one very important fact: they are not, and will never be actual currencies.

The blockchain is essentially an efficient transmission mechanism,” he said. “UBS and other banks, even some central banks, have adopted blockchain technology that speeds up transactions between the major banks of the world. But you need to separate the underlying technology, which is rather dull, from bitcoin itself, which might be exciting, but it’s not an actual currency.

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Zsofia takes care of our readers’ questions. Zsofia started mining Bitcoin, then some altcoins with the available AMD GPUs together with her brother. Although her mining activity has stopped by now her passion for blockchain technology and cryptocurrencies remains.

View all Posts by Zsofia Elek

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