Is the Sky falling for Crypto Currencies?
Dear PGM Capital Blog reader, On Wednesday, November 14, things turned south for crypto currencies, with an average drop of approx. between 10 – 14 percent of their respective market capitalization. INTRODUCTION: A cryptocurrency (or crypto currency) is a digital or virtual currency that uses cryptography for security. Many cryptocurrencies are decentralized systems based on blockchain technology, a distributed ledger enforced by a[…]