12 Aug Cryptocurrencies and the Crypto-Economy, what are they and how will they affect the future of the economy?
In this first video on Cryptoeconomy,our Investment Manager, Miguel Angel Temprano, wants to bring us closer to the subject so that we understand the basics of how this new currency system has emerged and what particularities it has.
BitCoin has captured the imagination of many agents of the economy, from being the currency for underground purchases on the deep web,to speculators and those who want to get rich fast with these virtual currencies, to the security that the use of these encrypted currencies offer. These cryptocurrencies offer new concepts that can be added to legal tender currencies, when central banks finally adopt these technologies for its inclusion globally.
In addition, from a need to validate transactions for these virtual currencies, it has been possible to extract a technology that increasingly has more applications outside its initial concept and that seems will have a lot of influence in the future, if not already: the blockchain.