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What about Cryptocurrencies?

Updated: Aug 25, 2021

Cryptocurrencies have been getting alot of attention. The prices of Bitcoin and Ethereum and others have skyrocketed over the past year. The people who have been invested for a while have made considerable returns on their money. People may be asking: How high will it go? Should I buy some now?

Firstly I think cryptocurrencies and the underlying technology behind it being the blockchain is revolutionary. Blockchain technology is definitely going to change the world and how we interact digitally. At this point however I am uncertain how cryptocurrencies are going to be accepted and operate harmoniously in the world since they fall outside our current monetary system. They are not legal tender and are not regulated like other currencies. Time will tell and people can speculate.