In the Ted Talk by Neha Narula on the future of money, she clarifies on the convenience and ease of using the new concept of Cryptocurrencies. It is digital form of currency which does not require institutions like banks or any lenders, government institutions or cooperatives. It is a digital form of currency which is created and a blockchain of transactions maintains all the records of money exchanged. It is done through a software which connects the computers running the program. It includes coding and decoding of information and public ledger is maintained in permanent and secure manner. The cryptocurrency like Bitcoins are earned through solving puzzles on computer and the people trying to earn such called bitcoins miners. But the technology and software required for this purpose has limited accessibility and applicability. In future, crypto currency can be used in various contexts as it can enable automated payments in the connected network in a transparent manner. It will provide a mode for exchange of money across borders and enable money transfers without involvement of currency exchange or brokerages. Though the chances of its illegitimate uses cannot be denied and it lacks privacy of transactions and use. The re can be manifestations of this new form of currency and it is expected that there will be more convenient and easily available options of cryptocurrency become available in future part from the Bitcoin which is difficult and not commonly used.
write a 300 word critique on Neha Narula ted talk: the future of money
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Please write answer in at least 300-word answer. Problem summary: You have purchased a financial investment company. Your new company, “The Financial Level,” caters to individuals and families. You would like to develop a few blogs for your customers, employees, and partners. The goals for your customer blog are to gather honest feedback, provide a place for customers to interact, and help find new opportunities for your business. The goals for the employee blog are to gather knowledge, collect employment...
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