Suddenly, anyone with a computer — no matter where they live — has access to savings. Because networks are decentralised, there are no gatekeepers to determine who is allowed to deposit, borrow or lend assets.
Traditional investors have often been wary of the emerging asset class, questioning what underpins its value, while many millennials have rushed to add riskier cryptocurrencies to their younger portfolios.
Pirates who steal cargo or, increasingly, kidnap crews and hold them for ransom \"earn\" tens of millions of dollars a year. New developments in technology will hopefully put this scourge to a stop once and for all.