The Financial Times Lexicon delivers a withering description of traditional currency. “Paper money or coins of little or no intrinsic value in themselves and not convertible into gold or silver, but made legal tender by fiat (order) of the government.”

#Digitalcurrency (digital money, electronic money or electronic currency) is a type of currency available in digital form (in contrast to physical, such as banknotes and coins). It exhibits properties similar to physical #currencies, but can allow for instantaneous transactions and borderless transfer-of-ownership.

Upcoming NBA Star is a Bitcoiner
American Professional Basket Ball player, Spencer Diswiddie is not much rich by the professional athlete standards, currently in the year before taxes from NBA contract, currently he makes around $1 million from his NBA contract.

#INGBank is looking further down the way of cutting-edge #blockchain privacy with the arrival of its ZKSM (Zero-Knowledge Set Membership) solution, reported this week at the Sibos banking meeting.

#Bithumb, right now is the largest #cryptocurrency exchange in #SouthKorea by exchanging volume, simply affirmed that it has sold over 38% of its aggregate ownership to a #blockchain consortium situated in Singapore, for 400 billion won or $350 million. https://bit.ly/2R9rp1B