The birth of Bitcoin brought the idea of a global currency a little closer to reality, but the risks that came with it have many questioning whether a universal currency is worth it. Many countries have banned Bitcoin, and the International Revenue Service recently made a decision to treat Bitcoin as property (not currency).
However, the true value of Bitcoin might not lie in its potential as a currency, but rather in its encryption technology.
In this article, Tim Maliyil explains how Bitcoin’s encryption works and outlines its potential to revolutionize digital security.
The article can be found at the link below: