Bitcoin has practically become synonymous with the term cryptocurrency for being the largest blockchain network. And as the public struggles to wrap their minds around whether this global phenomenon is just the latest trend or the future of currency as it is now being hailed, we wonder where it is all headed.
Why are cryptocurrencies making so many waves? First of all, it’s anonymous and decentralized, neither controlled nor regulated by a single authority in the way that conventional currency is. To create counterfeit currency is virtually impossible, unlike conventional currency.
Although the concept of cryptocurrency was first widely released in 2008 and Bitcoin was introduced to the public in 2009, followed by countless startups, it would take nearly a decade for cryptocurrencies…http://ziadabdelnour.net/cryptocurrency-where-is-it-headed/