Let take a look at the monetary properties of cryptocurrencies:
Most cryptocurrencies cap the supply of the tokens. In the case of Bitcoin, the supply will decrease over time and will reach its peak sometime around the year 2140.
All cryptocurrencies control the supply of the token by a schedule which is written in the code. This means that the amount of a cryptocurrency supplied in every given moment in the future can roughly be calculated today.
No Debt But Bearer:
The Fiat-money in your bank account is created by debt, and the entries in your ledger represent nothing but debts. Cryptocurrencies don‘t represent debts. They just represent themselves.
To understand the outstanding impact of cryptocurrencies you need to consider both properties.
Bitcoin as a permissionless, irreversible and pseudonymous means of payment is welcoming deviation from the control of banks and governments over the monetary transactions of their citizens.
You cannot prevent anyone from using Bitcoin, nor can you prohibit someone from accepting a payment, you can‘t undo a transaction.
As money with a limited, controlled supply that is not regulated by any government, bank or any other central institution, cryptocurrencies attack the scope of the traditional monetary policy.
They take away the control central banks impose over traditional currency and also tackle inflation and deflation.
Women in Cryptocurrency: Top 8 Women in Cryptocurrency
Today, women play an important role in the Crypto industry and the number is increasing every day. Here, we have an eye-catching infographic on Top 8 women in cryptocurrency, this infographic was developed by Mrbtc.org. This infographic speaks about the achievements of the following eight women to this industry.
1. Joyce Kim
2. Perianne Boring
3. Amber Baldet
4. Jinglan Wang
5. Jen Greyson
6. Fahima Anwar
7. Meltem Demirors