Many people who hear about crypto currencies for the first time doubt the usefulness of this digital currency and its seriousness. One of the most common arguments I have heard so far was that currencies like bitcoins have no intrinsic value and are therefore completely worthless.
The origin of the term “crypto” lies in the term “cryptography” – to encrypt science, information and data and thus protect them from unauthorized access or manipulation.
By “cryptic” money, we therefore mean money in digital form.
The Imperial College in London has published a new study that claims within the next 10 years will replace cryptocoins, such as bitcoin, traditional currencies. Digital currencies have the potential to turn the entire financial market upside down.
HTC is about to release a new smart phone called Exodus – there is no exact release date yet, according to Coindesk at the end of 2018. The Exodus will be the first model based on block chain technology and supporting different cryptocurrencies.
The crypto markets remained relatively stable at the beginning of the weekend and there were no major movements. The total market capitalization has remained above 400 billion dollars, which is a good signal that sales pressure has been suppressed for the time being.