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Bitcoin | Picture through Pexels
It’s possible you’ll be listening to the phrase “cryptocurrency” fairly continuously within the information nowadays, from the market falling and rising once more, to Elon Musk saying that Tesla will no longer accept Bitcoin — one sort of cryptocurrency — and El Salvador changing into the first country to undertake bitcoin as authorized tender.
Whereas it might nonetheless really feel like a international idea, Asheville’s group has been aware of cryptocurrency since as early as 2015, and as of March 2021 Grand Bohemian Hotel-Asheville has begun accepting bitcoins as fee. Furthermore, a brand new native cryptocurrency platform referred to as the Resource Network has just arrived in town, and can use blockchain (aka, a cryptocurrency database) to help a barter system-style on-line foreign money “Useful resource {Dollars}.”
With all of those new developments, let’s brush up on the small print of cryptocurrency + how one can get entangled in these transactions at an area degree.
What’s cryptocurrency?
Merely put, these digital “tokens” are intangible assets in change for actual cash that may be utilized to buy items + providers. In response to CoinMarketMap, there are presently 6,700+ completely different cryptocurrencies out there to the general public (assume: Bitcoin), equalling a complete worth of ~$1.7 trillion.
💰The right way to get entangled regionally
- CryptoCurrency Asheville: Meetup Group | Native group of ~60 members who talk about all types of cryptocurrency about as soon as a month. The group is open to all information ranges.
- Resource Network | Attempt your hand at utilizing this native digital medium of change by signing up (freed from cost) and itemizing your items and providers.
💰Different locations in Asheville that accept cryptocurrency
Bonus: There are additionally a number of retail places round city that host Crypto ATMs, the place you should purchase Bitcoin price wherever from $20-$12,500.
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