One of the newest industries that are growing rapidly is cryptocurrency. This is a virtual or digital currency that uses cryptography for security purposes. Due to this security feature, it is difficult to counterfeit cryptocurrencies. But, the most defining feature and probably the most endearing allure of cryptocurrency is in their organic nature. This means that no central authority issues cryptocurrencies, which, theoretically, renders them immune to government manipulation or interference. Cryptocurrencies captured the attention of the public in 2009 with the launch of Bitcoin by Satoshi Nakamoto. The success Bitcoin has enjoyed has spawned a variety of competing cryptocurrencies.
Investing in cryptocurrencies has become a sound idea
We met Guy Galboiz, a successful industry entrepreneur, and took a detailed insight on cryptocurrencies, especially Bitcoin. As per him, there are a number of reasons why investing in cryptocurrencies has become a sound idea. In the article Guy Galboiz talks about stagblecoins such as Monero, Zcash, Litecoin, Monero, Ethereum, Ripple and Dash, among other important crypto subjects.