Cryptocurrency is finally beginning to make its mark on the world, and with it comes a host of new opportunities. Mainstream investors from Wall Street are putting their weight behind coins like Bitcoin and Ripple which are now considered safe bets for mining. A report from Reuters predicts that in 2019 there will be more than a thousand cryptos being mined all around the world. And they're not just limited to Bitcoin anymore - Ethereum, Litecoin, Dash, and others have also seen significant gains.
Cryptocurrency is digital or virtual currency protected by cryptography. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, created in 2009, was the first cryptocurrency. Today, there are more than 1,000 cryptocurrencies in circulation, with a combined market capitalization of over $200 billion. Cryptocurrencies are often traded on decentralized exchanges and can also be used to purchase goods and services.
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