October
Contact: | Guy Gotslak |
Web site: | http://www.mydigitalmoney.com |
The entire month of October is a celebration of cryptocurrencies and the cultivation of new economic growth opportunities they bring. A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. The advantages of cryptocurrencies include cheaper and faster money transfers and decentralized systems that do not collapse at a single point of failure. The disadvantages of cryptocurrencies include their price volatility, high energy consumption for mining activities, and use in criminal activities.