Cryptocurrency security

In my review of cryptocurrencies, I mentioned that Bitcoin Cash offers "relatively less security compared to Bitcoin".

What did I mean by that?

What are the various kinds of security that a cryptocurrency offers? How to enhance them and avoid compromising them?

I will address the following questions:

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Price gouging during disasters

When disaster strikes, like a fire, flood, hurricane, or an epidemic, and utilities and supply chains get disrupted, you might see much higher prices for goods that yesterday were cheap. This is called price gouging.

A crane struck by lightning in a thunderstorm

For instance, in 2017 after hurricane Harvey struck Texas, in some locations gas prices shot …

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Review of Cryptocurrencies

Hello again, dear reader!

As I promised you last post, I have reviewed some cryptocurrencies, and I will publish my fact-based heavily-biased opinions on them. Take this post with a grain of salt, and mind that investment (or speculation) is risky. However, I hope you find it useful.

Bitcoin

Bitcoin …

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Intro to Cryptocurrencies

A friend of mine recently asked me about cryptocurrencies. I gave him the short story, but I'll post the long story here as well, for anyone interested.

What's the point?

In its most basic form, a cryptocurrency is a list of balances in accounts. Only people that have the password …

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