March 7, 2019

13 Things You Need to Know About Your Finances in 2019

1. The definition of a cryptocurrency

You can be forgiven for thinking cryptocurrencies — of which bitcoin is the most famous — sound like something that Captain Kirk might use to buy drinks onboard the starship Enterprise. Really though, they’re digital medium of exchange.

What are they good for? It depends. You can purchase almost anything with them, but not everyone accepts them as payment.

So, cryptocurrencies are not supplanting credit cards and cash — not by a long shot. But in recent years, they have made a splash.

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