Dark Side

How does cryptocurrency payment work? At its most basic level, a cryptocurrency transaction is a transaction of cryptocurrencies from one wallet to another. You'll need to have the recipient's public address to perform this correctly. You copy the address into your account and transfer the payment. Though this may be a simple process, this can be difficult and overwhelming for newbies...

Remittances from overseas Filipino workers, which contributed US$33 billion to the country's US$400 billion GDP in 2017, are the backbone of the Philippine economy. Ironically, the country's financial literacy is low. The Bangko Sentral ng Pilipinas (BSP), the country's central bank and financial regulator, estimates that 10% of local government entities are still unbanked...

Bitcoin is Pseudonymous. In the crypto community, many people use a pseudonym to hide and protect their identity as part of a move toward self-sovereignty, and because of concerns about their personal privacy or security. Many find Bitcoin appealing because pseudonymity is built into the protocol. Compared to bank accounts where you are required to show identification that links your financial transactions to your identity, it is neither anonymous nor pseudonymous data...