Since 2020, cryptocurrency has seen a huge surge in popularity, and has completely turned the financial industry upside down. Studies have shown that an increasing number of people are losing faith in traditional investment authorities, and looking for something a bit more independent. For those people, the discovery of Bitcoin (and cryptocurrency in general) has served as a godsend. Polls reveal that an increasing number of American adults are becoming interested in crypto trading, and the same is true for people from all over the globe. A good chunk of millennial millionaires claims that a quarter of their wealth is placed in digital assets, most notably Bitcoin, or sometimes non-fungible tokens. Usually, both. So, it would seem that crypto is here to stay, and experts are certain that it is only going to rise in popularity from here on out.
What is Cryptocurrency"

While it has been around for a decade, the popularity of cryptocurrency is a rather new phenomenon, so many might not be aware of what crypto is. For those who aren’t aware of cryptocurrency, in this section, we are going to explain what it is, and how it works.

Cryptocurrency is a digital currency, which exists on a blockchain, and uses encryption (hence the name). Often times, the most popular cryptocurrencies are decentralized, meaning they are not beholden to any central authorities, like banks and governments. What this means is that, unlike FIAT currencies, cryptos are not s...