Crypto Mining 101, What it Is And How it Works (Watch Video)
The World Economic Forum is getting underway in Davos, Switzerland and cryptocurrency, bitcoin and blockchain are in the spotlight. Still confused by it all? Watch this video primer on cryptocurrency.
In year's past, Britcoin, cryptocurrencies and blockchain were criticized at Davos. But, this year attitudes might be shifting at the big annual World Economic Forum in Switzerland.
The summit, which begins on Tuesday, Jan. 23, has a handful of Bitcoin, cryptocurrency and blockchain-related panels planned. These panels include high-profile leaders Treasury Secretary Steven Mnuchin, International Monetary Fund head Christine Lagarde and BlackRock (BLK - Get Report) CEO Larry Fink, among others.
Still confused about cryptocurrencies, blockchain and everything related? Watch the video for a basic 101 on Crypto Mining.
The social media giant says it's open to having Libra consist of a series of 'stablecoins' pegged to existing currencies, rather than just one cryptocurrency pegged to a currency basket.
It is unclear how a 'libra' denominated transaction might be governed in the future and it might require the creation of an entirely new oversight entity.
Surprise, surprise: Regulatory opposition toward digital currencies at home and abroad is rising against Facebook.
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