Top

Cryptocurrency Gets Its Biggest Test Yet

July 21, 2017

Via: Fortune
Category:

In the coming months a startup based in Waterloo, Ontario, is set to kick off a grand monetary experiment, one that will put to the test a new model for business that could prove to be either the web’s next great economic engine, or a multibillion-dollar bubble that’s as combustible as the Hindenburg.

The concept at stake is cryptocurrency, a form of digital money that exists independent of traditional banks or governments. Over the past few months, the market for cryptocurrencies has rocketed to more than $100 billion (and fallen back to $60 billion) amid extreme enthusiasm and volatility.

Read More on Fortune