Are cryptocurrencies a good investment?

Navroop Sahdev: Cryptocurrencies can certainly be very valuable to the global economy, and to society in general. Money has always played a critical role in the evolution of society. In order to understand the role cryptocurrencies can play in our future society, let’s look at what money does.

How do cryptocurrencies work?

Most cryptocurrencies exist on decentralized networks using blockchain technology—a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they are generally not issued by any central authority, rendering them theoretically immune to government interference or manipulation.

How do people buy and sell cryptocurrencies?

People can buy and sell cryptocurrencies like Bitcoin, but they can also get hold of them through a process known as mining. Powerful computers can be set up by individuals or groups, and these are tasked with working out incredibly difficult equations.

Are cryptocurrencies mainstream?

Cryptos are not yet mainstream, but a growing number of companies and financial institutions are buying into them and their burgeoning influence around the world. Let us help you make sense of what cryptocurrencies are and learn why they will matter in the near future.