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These so-called smart contracts create trust between two parties. You may sell your Ether through an exchange to cash out a previous purchase of ETH as an investment. You may wish to spend your ETH directly via a payment card, for example. Additionally, you may want to allocate 1 eth to usd some of your...
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Assuming this total remains stable, if Bitcoin were to achieve 15% of this valuation, its market capitalization in today’s money would be approximately $3 trillion. With all 21 million bitcoins in circulation, that would put the price of 1 bitcoin at roughly $143,000. The cryptocurrency does display some attributes of a fiat currency system, however....
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Assuming this total remains stable, if Bitcoin were to achieve 15% of this valuation, its market capitalization in today’s money would be approximately $3 trillion. With all 21 million bitcoins in circulation, that would put the price of 1 bitcoin at roughly $143,000. The cryptocurrency does display some attributes of a fiat currency system, however....
Read More