Original Question: Is cryptocurrency only for the economically well-to-do? Originally published on Quora Answer: Actually, cryptocurrency is primarily for the less well-to-do, in terms of the benefits it offers over the long term. The only aspect of cryptocurrency that is primarily for the economically well-to-do are the secondary investment markets, ranging from globally-popular exchange trading,...Continue reading
Original Question: “What is the relevance of Bitcoin to the world?” “The most important thing that Bitcoin offers is a new form of sound money outside the control of any authority or government in the world. This is something that is very very important for the world economy and I think it is going to...Continue reading
Original Question: “What is the procedure or method used to find the nonce in blockchain technology? Is the created nonce can be repeated from the previous block?” First, for anyone who may not know, finding the nonce is an essential aspect of the overall blockchain consensus process known as Proof-of-Work (PoW), aka (one type of)...Continue reading
Original Question: Is it allowed to make a private sale to unaccredited investors of a security token? Presuming that your question is with respect to the United States — Yes, it is – and it’s one of those things for which we can genuinely say: “THANKS OBAMA”. Image Source In 2012, then-President Obama signed the...