How Crypto Is Disrupting the Financial Ecosystem #infographic

How Crypto Is Disrupting the Financial Ecosystem #infographic

The crypto-currency industry is a little like the Wild West at the moment. It is unregulated, it provides a dose of anonymity that can easily be exploited and it seems impossible to control. The current price for Bitcoin is wildly different from day to day as it is not controlled by the State. While transactions are not taxable, they are legally subject to taxation, which the government does not always find easy to implement.

Blockchain technology and cryptography have raised dust and modified the notion of finance from the advent of Bitcoin and Ethereum to the Libra of Facebook. We think the whole thing is imaginative and interesting. But is that safe? The need for a trusted intermediary is completely eliminated as crypto-currency transactions operate on open internet ledgers.

Blockchain technology and cryptography have raised dust in Facebook's Libra from the introduction of Bitcoin and Ethereum and changed the notion of finance as we know it. We know how interesting and imaginative the whole thing is. But is that safe? The need for a trusted intermediary is completely eliminated as crypto-currency transactions operate on open internet ledgers.

How Crypto Is Disrupting the Financial Ecosystem #infographic

infographic by: fortunly.com

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