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    Daily Archives 12.09.2022

    1660 93 Ethereum ETH to US Dollar USD

    12.09.2022 Crypto News  No comments

    A blockchain is a digital ledger recording cryptocurrency transactions, maintaining records referred to as ‘blocks’ in a linear, chronological order. The bitcoin blockchain is used to track ownership of digital currency, while the Ethereum blockchain focuses on running the programming code of any decentralized application. As opposed to mining for bitcoin, in the Ethereum blockchain, miners work to earn Ether. The fact that ETHs price is lower than bitcoin is another reason determining the increasing investment into ETH. In 2021, when an Ethereum ETH price was 4,200 USD, a Bitcoin price was approximately 55,000 USD...

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    Difference Between Fiat Money and Commodity Money

    12.09.2022 Crypto News  No comments

    And when using commodity money for purchasing items, it becomes the money or currency accepted by all. The recent rise of Bitcoin has recently brought all of these doubts into focus. As we decide whether Bitcoin creates “money” or not, we need to understand the difference between fiat money and commodity money. My grandparents used to say that money makes the world go around, but what do we know about the money we use today?

    While money is a popular form of storing that value, there are disadvantages to its use that need to be considered...

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