Cryptocurrency is volatile. Prices can drop and rise at any moment because a central authority does not back crypto. The market demand determines prices, and there is no government to “bailout” cryptos to prevent collapse. Enter fiat-backed stablecoins. These could be considered the best of both worlds. Fiat currencies back Digital currencies, which keeps the […]
XRP (XRP) and Stellar Lumens (XLM) are cryptocurrencies that can tremendously grow. The blockchain networks behind them, Ripple and Stellar, also share similar goals: to disrupt cross-border payments. With this in mind, we decided to look at both cryptocurrencies to see just how similar they are. Two Cryptos, One Protocol The same person, Jed McCaleb, […]
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A financial crash and recession could be the catalyst needed for crypto to become mainstream. Bitcoin was borne out of the last recession for this reason. It’s a decentralized currency that isn’t controlled by the government or big banks.
A major problem with the current financial market is that people must go through several hoops to trade on stock exchanges around the world.