Great summary and helpful. Cryptocurrency is such a wild west place right now. It is speculative like the stock market was in its inception. There are a few problems with the technology that must be worked out before it can serve as a currency. Until a transaction on the blockchain can happen with low fees, comparable to a credit card fee, crypto will be a speculative market place only for those with discretionary income.
Great summary and helpful. Cryptocurrency is such a wild west place right now. It is speculative like the stock market was in its inception. There are a few problems with the technology that must be worked out before it can serve as a currency. Until a transaction on the blockchain can happen with low fees, comparable to a credit card fee, crypto will be a speculative market place only for those with discretionary income.
Very helpful summary. Thank you!