Some supporters on the other hand, like the idea of removing central banks from managing a money supply, particularly as over time banks reduce the value of money through inflation. These supporters buy into cryptocurrency to increase the demand, innovation and adoption of this type of currency to encourage its future use. As such, cryptocurrency can offer businesses lower transactions fees, offer an easy way to pay international staff or accept global payments, and ultimately increased sales. Transactions are verified and added to the blockchain through the process of cryptocurrency mining.<\/p>\n

Why do people have cryptocurrency?<\/h2>\n

Some issuers might not have the intention to use the funds raised in the way set out when the project was marketed. Cryptocurrencies are stored in virtual wallets, which can be on a website, mobile or even physical paper wallets. According to the Global NGO Technology Report (2019), today cryptocurrency donations represent 1-5% of the used payment method for charitable donations, with a +100% growth in some countries.<\/p>\n","protected":false},"excerpt":{"rendered":"

While not all cryptoassets are the same, they are all high risk and speculative as an investment. This information is for educational purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any financial instruments. Validators use computer resources to solve complex mathematical […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-3506","post","type-post","status-publish","format-standard","hentry","category-forex-trading"],"acf":[],"yoast_head":"\n