ten minutes because of the surging volume the computers involved need more time to process transfers i mean basically least in the infrastructure of these probably by investors now for them to make money just from these unnecessary as there is just shown they can charge try your fees and up these really what these need it to have the system work doesn t cannot cut these are teething problems for their own initiative to address and solve these problems i m not convinced cryptocurrency is are here to stay this technology is very new and i m sure that the problems we have today will soon be solved. but the dollar and the euro eventually be replaced by crypto currency. i don t think it will replace a payment system based on a core in c. really. or complies with the three elements of money which is to be sorely
a bubble and bust on to the scene as the first group of currency it was created as a safe alternative to the crisis problem banking system mainstream investors and even lend is now toying with digital money that could ultimately put them out of business but is bitcoin here to stay. eight years ago with peter order to underworld of finance on its head. are these two pieces worth sixty three million dollars of course not in two thousand and ten the program. paid ten thousand times for it at that time only worth forty u.s. dollars nowadays this would make sixty three million u.s. dollars. today honey it says no one had any idea that transaction would go down in history as a milestone but this fateful first ever recorded transaction of be gone is what
sixteen hundred competitors you cryptocurrency ziv been all the rage for the last couple of years and creating a name for them can be fun as we ve heard at the moment you can invest in products like cannabis coin or snake eyes is even a trump coin and a putin coin as well is a breakdown of how cryptocurrency is work. what is a crypto currency that kitty loves the internet and on an. arrow not real money but crypto assets which she manages with the help of a smartphone app as do some twenty six million others around the world kitty stores her cryptocurrency in what s called a wallet it s anonymous and encrypted she can use her digital currency to buy pretty much anything on line a growing number of businesses accept these currencies for example kitty could book a hotel in moscow the payment process takes ten minutes in comparison
but it won t be as obvious. world a new word realize that you know remains the same to make money as much as possible. if something is high in the right way you can always find someone willing to buy it back in twenty thirty. in a program i decided to set up a crypto currency just for the fun of it the dog logo he chose for his joke currency doggie coins it was based on a popular mean thing is investors didn t consider it a joke they dumped money into it and before long the duggy coins were capitalized to the tune of hundreds of millions of dollars well because it may be the biggest digital currency by market capitalization but it s not the only one there over sixteen hundred competitors you cryptocurrency ziv been all the rage for the last couple of years and creating a name for them can be fun as we ve heard at the moment you can invest in products
going to be looking at new currencies that is saddled with some old problems first we have to ask the question ah cryptocurrency is a bastion or a bubble and bust on to the scene as the first group of currency it was created as a safe alternative to the crisis prone banking system mainstream investors and even lend is an outgoing with digital money that could ultimately put them out of business but is bitcoin here to stay. eight years ago a pizza order to underworld of finance on its head. over these two pieces worth sixty three million dollars of course not in two thousand and ten the program the last one hundred years paid ten thousand times for it at that time only worth forty u.s. dollars nowadays this would make sixty three million u.s. dollars. today honey it says no one had any idea that transaction would go down in