This is completely uncharted territory, as not only is it not being manipulated artificially, but it is not associated with any governing body or any regulations and laws that may come with it.
Artificial inflation rates, adjustable interest rates, and rapid economic collapses and growth are all side-effects of a governing body with an agenda controlling the money and its supply.īitcoin, for example, is one of many online cryptocurrencies, and has no official governing entity. Throughout all of history, from the great Roman Empire to modern-day United States, money has been backed, affiliated, printed, and controlled by a governing body of the state. The potential impact that these decentralized coins have on our society is enormous for laypeople and tech enthusiasts alike.
Cryptocurrencies have taken a seemingly permanent foothold in the world of technology and banking more and more people are reaching out and investing or making transactions with Bitcoin and similar online coins.
