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Published by adykyaleywan, 2022-07-10 21:43:17

ELC590 INFORMATIVE SPEECH

ELC

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CVuirrrteunacly?? Cryptocurrency

Introduction

Virtual currency
Blockchain technology
Theoretically immune
By Satoshi Nakamoto in 2008
Type of cryptocurrencies:
- Bitcoin
- Ethereum
- EOS

Are Cryptocurrency Cactus
Legal?

El Salvador is the only country
that allow bitcoin as a legal
tender.
Japan's Payment Services Act
defines bitcoin as legal
property.
Cryptocurrency are legal in
the European Union.

Advantages and Disadvantages

Advantages: Disadvantages What's the advantages and
disadvantages?

1.Eliminates the possibility of a single point 1.Government or federal authorities
of failure. tracking the financial transaction s of
ordinary citizens.
2.Promise to make it easier to transfer
funds directly between two parties. 2.Become the favorite of hackers who use
them for ransomware activities.
3.Transfer between two transacting parties
are faster compared to standard money 3. Other crypto repositories, such as
transfer. exchanges and wallets, can
be hacked.
4.Can generate profits.

Conclusion The E

Advantages and disadvantages.
The decision that can change our
life.


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