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Showing posts with the label bitcoin

Breaking Blockchain to it Bits.

I find it easy to write about topics like this, I spend hours learning about new technologies and global trends on YouTube, journals, and podcasts. So don't worry, you're in good hands. That being said, if you're confused about cryptocurrency , you can read my previous blog about it. Blockchain is predicted to be ten times more valuable than the internet; it is a dependable and sustainable invention of today, and it is often mistaken with cryptocurrency. As global citizens, it is critical that we understand what this is all about, how to incorporate it into our businesses, and how to work with companies that want to help introduce Bl ockchain technology to society, especially in a place like Nigeria. Blockchain is transforming global interaction and how data is verified and stored, and it is simple to understand how it operates. Simply put, a user requests a transaction/data, which is sent to a system of networks, it gets authenticated, and if active, it is added to a cur

Close your eyes and Buy the Cryptocurrency Dip

*Disclaimer* This blog isn't written to provide investment guidance. This is my own view on the subject matter of cryptocurrency and not intended to influence your future financial decisions on same. At the time I was writing this blog, the price of bitcoin dipped  25% , other top coins weren't left in the shakedown which is the lowest since February. Prices of Bitcoin have plummeted to $33k  from $64k in just 5 days after Elon Musk's tweet about bitcoin mining and its effect on the environment. The recent decision from some Chinese banks to stop trading in cryptocurrency also contributed to its fall. This is normal; a crashing bitcoin price is not the first time it will rock the stock market, and yeah, some dollars will be lost in fact over $300m. I however advise investors not to throw caution to the wind when they are investing in cryptocurrency and cryptocurrency is not for the faint-hearted. You've certainly seen it in the news or heard people in the finance sect