Dr Govinddas Akbari

We now take a look at Bitcoin – its origins, history and its supposed promise of liberty in the digital age. What is Bitcoin? Bitcoin is the most widely used peer-to-peer distributed decentralised digital currency in the world. The currency is based on the Bitcoin protocol that allows digital currency (Bitcoins) to be securely, efficiently and quickly transferred between people. It is a widely accelerating form of digital cash that can be used to make online payments for products and…

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Money vs. currency Is there really a difference between money and currency? Well yes – a significant difference. Money is the general term used for any commonly accepted “medium of exchange”. Money can exist in any form – most com- monly an object or maintained record of transaction which is acceptable by the significant majority of people as payment for goods and services. Currency on the other hand is the name for the commonly accepted form of money that is…

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