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Victor Mochere

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By: Victor Mochere | March 24, 2017

When you hear of cryptocurrency or crypto coins the first thing that will pop up in your mind is Bitcoin. Well, I guess you know about Bitcoin. But have you ever thought why Bitcoin is most preferred for black market online activities as a method of payment. One good reason is the presence of cryptic currency on their platform. Well, cryptocurrency is a medium of exchange that uses cryptography to control creation of additional currency and secure transactions. It is a form of digital currency or asset that was first introduced by Bitcoin in 2009 as a decentralized mode of payment thus they use decentralized control as opposed to centralized control used by banking systems and electronic money (e-cash). Though the emergence of cryptocurrenc...

Category: Economy 

Tags: Money