EGMR's Tech Marco attempts to delve into the murky depths of Cryptocurrency and explain Bitcoin in as simple a way as possible.
EGMR Writes: "The funny thing is, when asked about what Bitcoin “is” I struggle to adequately find the words (or hand gestures) to encapsulate it all. This is my attempt to wave my metaphorical hands and digital words around into something amounting to “this is Bitcoin”. Now, prepare yourself for a wall of text which will crit you for over 9000 where I discuss the what, why and how of Bitcoin"
The arrival of spot bitcoin ETFs in the US offers easy access to the masses. Purists will steer clear.
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After plummeting in June, the price of Bitcoin has remained at such a low level that it is causing the
Inflation and expected interest rate hikes likely play a part in Bitcoin's dropping value.