The terms Bitcoin, Cryptocurrency or Mining Blocks are frequently heard or read about in financial news columns, as the currency of the future. Yet, other than those intricately involved in trading this form of digital currency, it is a fuzzy, grey zone for most people, even regular investors.
This infographic presents some key statistics related to the bitcoin market, and evaluates the pros and cons of an alternate, decentralized global currency. What is evident is the inevitable market reality of bitcoin – it’s estimated to be the sixth largest reserve currency by 2030!
Infographic by – New Jersey Institute of Technology