Cryptocurrency Gambling In 2008 following the financial crisis, a paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System” was published, detailing the concepts of a payment system. Bitcoin was born. Bitcoin gained the eye of the planet for its use of blockchain technology and as an alternate to fiat currencies and commodities. Dubbed subsequent best technology after the web , blockchain offered solutions to issues we’ve did not address, or ignored over the past few decades. i will be able to not delve into the technical aspect of it but here are some articles and videos that I recommend:
How Bitcoin Works Under the Hood
A gentle introduction to blockchain technology
Ever wonder how Bitcoin (and other cryptocurrencies) actually work?
Fast forward to today, 5th February to be exact, authorities in China have just unveiled a replacement set of regulations to ban cryptocurrency. The Chinese government have already done so last year, but many have circumvented through foreign exchanges. it’s now enlisted the almighty ‘Great Firewall of China’ to dam access to foreign exchanges during a bid to prevent its citizens from completing any cryptocurrency transactions.