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Results for: Cryptocurrency

An Airdrop is a free distribution of crypto coins (or tokens) to a number of members ranging from the privileged few to anyone who requests it. This distribution is often carried out by the creator of the token or currency in question. The purpose of this free distribution of tokens is multiple f...

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Although it appears to be semantics, it does make quite a big difference for a cryptocurrency as to whether it’s a coin or a token. A “coin” has an entirely different blockchain from all the other coins that are out there while a “token” is built upon an existing blockchain project. A “coin” is...

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A crypto currency amounts to potentially strong substitute for brick & mortar-like and financial-intermediary based- transaction structures. It is a large idea, it is game changing, and it requires a rather substantial balance sheet and time to move from concept, to prototype, to commercial via...

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An investment implies giving money to acquire a cash flow. Crypto coins have no cash flow. You're betting on their value increasing over time. This is called speculation. I made this video a few years ago discussing the two words: https://youtu.be/QEACN_QVEvE If you'd like to discuss a bu...

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I've been running a bitcoin only e-commerce business for 6 months now. Previous currencies might have involved cryptography, but not to the extent that Bitcoin employs it. What is special about it, is that the cryptographic schemes behind Bitcoin allows it to be DECENTRALIZED. There is no co...

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