Bitcoin is a cryptocurrency that was created in 2009. It is not managed by any central authority and it uses peer-to-peer technology to operate with no central bank or single administrator.
It has seen a large increase in price over the past year and as of this writing, one bitcoin is worth about $4,000. This has made many people question whether it’s a bubble or if bitcoin will continue to grow in value.
It can be used as an investment and there are many people who have made significant amounts of money investing in bitcoin. However, there are also many risks involved with investing in this coin because it is still very volatile and there are no guarantees that the price will go up.
Cryptocurrencies in the era of COVID-19 By Yasmin Chamchoun The coronavirus outbreak, which (at the time of writing) has seen more than 2 million reported cases and over 150,000 deaths globally, has caused turmoil across the world. With international economies suffering, stock markets plummeting and oil prices dropping, cryptocurrencies Read more…
Blockchain has been one of the hottest buzzwords of the last few years. Initial Coin Offerings, tokenomics, the crypto-bubble, dApps, Bitcoin and Ethereum, all these words have dominated a large part of our professional lives, for those of us who are involved in this space. Blockchain is a powerful tool, Read more…
Exploring the Impossibility of Decentralization This article is originally published in Albaron Ventures. Grade school might tell you anything is possible. Complete and total decentralization, however, is not– at least sustainably. The premise that decentralization is impossible hinges on the fact that decentralization “experiments” such as Bitcoin have approached towards Read more…
Will Bitcoin Ever Be Regulated? This article is originally published by Albaron Ventures. As Bitcoin and other digital assets continue to grow in adoption and popularity, a common topic for discussion is whether the U.S. government, or any government for that matter, can exert control of its use. There are Read more…
Three Experts Share Their Views on Blockchain and Cryptocurrencies By Yasmin Chamchoun Who can forget the ‘crypto bubble’ in 2018? Towards the end of December 2017, it seemed as if cryptocurrencies were on the rise, then without warning they quickly collapsed by losing more than half their value the following Read more…
The digital nature of Bitcoin makes it vulnerable to hacking. While traditional banks holding fiat currencies are not exempt from breaches, incidents happen more frequently with cryptocurrencies. Since the emergence of Bitcoin, the loss due to theft within the system has surpassed $1 billion. As digital currencies become more valuable, the security threats are Read more…
Bitcoin and machine learning Something that I’ve been asked a lot is whether it is possible to predict Bitcoin (or any other’s cryptocurrency’s prices) in order to make a profit. With the size of the cryptocurrency market right now being in the range of billions worth of dollars, it makes Read more…
Initial Coin Offerings Initial Coin Offerings (ICOs) are all the rage right now. The money raised so far this year has been more than $1 billion and they seem to be getting more and more popular as a form of fundraising. As a member of the UCL Centre for Blockchain Technologies, Read more…
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