Brian McKenna[1], ReporterSeptember 7, 2017
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While cryptocurrency gains more recognition everyday, it is still relatively unknown to the average person. But recent explosive movement in the value of cryptocurrency may prove to be the gold rush that generates the tech-savvy multi-millionaires of this generation. One College of DuPage student may already be on his way to the virtual bank.
Cryptocurrency by definition is “a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.” Cryptocurrency investor and COD student Byron Graf said that this is “the first decentralized capped currency that has surpassed the price of gold, silver, and platinum. They have grown at a better rate than any stock in history.” COD Professor Peter James states “the greatest and scariest thing about it is that there is no centralized bank controlling it.” And believes “the currency will continue to grow, but it will also be interesting to see how the central banking system gets involved.”
James also sees promise, stating “By SeptemberRead more ... source: TheBitcoinNews [2]Advertise on the Bitcoin News[3]
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References^ Brian McKenna (codcourier.org)^ Read more ... source: TheBitcoinNews (codcourier.org)^ Advertise on the Bitcoin News (thebitcoinnews.com)
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