Educational Byte: Why Doesn’t Crypto Need Banks to Work?
Banks have been operating worldwide for centuries, so it’s fair to wonder how money could work without them. That’s cryptocurrencies, by the way: money. A new type, a digital type, a decentralized type; specifically designed to be out of reach for banks, governments, and any other big central party. Crypto networks, unlike banks, are systems that run day and night, across borders, with rules enforced by code rather than by a central authority. Let’s break this down. How […]