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Tech Billionaires Aiming at a Global Currency

Bartering and the exchange of currency have long and interesting histories. We've gone from trading products and metal coins to exchanging paper notes and now cryptocurrency, based on digital encryption. While it might seem that cryptocurrency is a natural next step in financial evolution, remember that just because something is possible doesn't mean it's better. Bitcoin was the first established cryptocurrency to hit the market. It is based on an online "currency" secured through encryption. The first hint of it arrived in 2008 in a paper posted to a mailing list by someone using the name Satoshi Nakamoto. No one knows who that person really is (or was), even today.  Read more....




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