Bitcoin is a type of digital currency. This means it is made and used electronically. The currency is not under the control of anyone. It is not printed as it is the case with the other conventional currencies such as the Pound or Dollar, but are created by individuals, and...

Perhaps the most overarching way to describe cryptocurrency is through the words of Satoshi Nakamoto, who stated upon his release of his own cryptocurrency: “Announcing the first release of Bitcoin, a new electronic cash system that uses a peer-to-peer network to prevent double-spending. It's completely decentralized with no server or...

Without a doubt, cryptocurrency and blockchain have been one of the hottest topics between 2017 and 2018. Cryptocurrency is a digital currency that requires the use of encryption techniques to control the generation of units of money and also verify funds transfer. Interestingly, cryptocurrencies operate without relying on a central...

Perhaps the most overarching way to describe cryptocurrency is through the words of Satoshi Nakamoto, who stated upon his release of his own cryptocurrency: “Announcing the first release of Bitcoin, a new electronic cash system that uses a peer-to-peer network to prevent double-spending. It's completely decentralized with no server or...

Bitcoin first entered the market in 2009. It has been gaining popularity ever since. Patel (2017) suggests that Bitcoin is a purely digital currency. “It’s decentralized, meaning there is no central authority that regulates a bitcoin’s worth or how many bitcoins exist” (Patel, 2017, para. 6). Furthermore, Bitcoin’s price is...