What is a cryptocurrency? What benefits and challenges do cryptocurrencies pose? (250 Words)
Mentors Comments: 1. Define cryptocurrency. Giving examples of Bitcoin and Libra recently 2. List the economic, security, governance and technological benefits offered by cryptocurrencies 3. Mention the challenges posed by mainstreaming them – governance, security and crime-related 4. Provide suggestions to gain from them while not succumbing to the side effects https://www.livemint.com/opinion/online-views/cryptocurrencies-could-constrain-a-country-s-choices-1567447742065.html Answer: A cryptocurrency … Continue reading What is a cryptocurrency? What benefits and challenges do cryptocurrencies pose? (250 Words)
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