Category: Cryptocurrency

OPINION: Dementia and Corruption at 20500

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OPINION:

Dementia and Corruption at 20500Not every president of the United States is remembered well.

OPINION:

Dementia and Corruption at 20500 

Editor: The number 20500 most commonly refers to the Zip code for Washington, D.C., often associated with federal buildings like the White House (1600 Pennsylvania Ave, NW, Washington, D.C. 20500)

By D. S. Mitchell

I started the Calamity News and Politics website to vent my frustrations and to keep from losing my frigging liberal mind; that was at the end of 2016, right after Trump’s first presidential win. I joined the Women’s March and the Resistance. Well, its 2026 and the Mango Menace is running wild through the government.  I have always tried to focus on facts and also try to support my statements with at least two sources. With this post, I’ve thrown all those established behaviors to the wind. Fuck Trump and that Project 2025 crowd, here’s what I as an average everyday American am  seeing from Trump and his cronies, and this list of ten terrible things Trump has done in his first year, not one damn one of them has helped lower grocery prices or made life better for the average American.

1.) Presidential dementia should be a big concern for us as Americans and as citizens of the world. This near  80 year  old guy that we call “president” is a babbling, wandering, impulsive, mentally disabled individual encumbered by several severe personality disorders and undeniable and worsening dementia.  Trump has always been evil and cruel, now he is demented too. Seriously, I worry who is running the damn country? What, you say, Trump may not be running the country? It is obvious after listening to 2 or 3 minutes of Trump’s indiscernible  word salad that he’s not running much but his mouth. I believe this guy is incapable of finding his own ass with a handful of toilet paper. They were doing MRI’s of the brain and multiple cognitive tests at his second, or was it his third annual physical. LOL. I thought annual physical meant once a year. However, in our guys case he needs more testing. Shit, folks, I’m 3,500 miles away and I can tell you, without MRI’s and cognitive tests that Trump is deep into his decline into dementia. So; a couple likely suspects for running the country in Trump’s mental absence are the Jewish pretend Nazi, Stephen Miller and the anti-humanist, Russell Vogt. Scary combo. As far as the Trump kids go, they’re out making billions of dollars from foreign governments. Gotta make it while Daddy is in the White House appears to be the combined mantra.

2.)  Images of the masked ICE agents massively funded, newly emboldened and empowered handcuffing and loading people into vans and disappearing them without access to legal representation, without due process. This crap isn’t supposed to happen in America. It definitely reminds me of the Nazi’s rounding up the Jews eighty-five years ago in Germany.  Obviously, hate lives on. But, in some ways this goes beyond hate and straight to the pocketbook of several Trump supporters. These allies intend to make billions of dollars running government concentration camps, like Alligator Alcatraz. The plan is not to remove the immigrants from our country, but to instead, imprison the immigrants and pay some company owned by a card carrying MAGA to operate a government prison at the cost of millions of dollars a year; until then we’ll be filling prisons in Sudan, Cuba, and El Salvador at the cost of the American tax payer.

3.)  I once had a husband.  He believed and practiced the theory, “if you repeat a lie enough times, most people believe it.”  I am more of the,  “You can fool all the people some of the time.  You can fool some of the people, part of the time,  but you can never fool all the people, all of the time.”  I’m watching Trump and he’s lost his luster even to many of the diehards. I’ve got my fingers crossed.  There’s a lot at stake here, our country is celebrating 250 years as a constitutional republic (democracy). But, for how much longer. We need 3 active branches of government each religiously exerting its guaranteed checks and balance power. You would think the reps and senators and the black robed justices on the Supreme Court would cherish their power and guard that power, but since Trump came down the escalator the reps, the senators and the all powerful justices have turned over their power to a 35 count felon.

4.)  In 1973, Richard Nixon declared, “there can be no whitewash at the White House.” A thought that is needed now more than ever; because there is a stench rising out of  Washington, D.C. the stink so foul it can be smelled around the world. I have never smelled anything so disgusting, except the odor that hovers over a rendering plant in mid-August.  a.) A “free” jet for the prez from Qatar. Qatar?? The prez of the U.S. is taking “a gift” from one of the biggest troublemakers in the middle east. Qatar is a supporter of Hamas. This new, “free” Air Force One that’s going to cost at least a billion dollars of U.S government money to retro-fit, and then the old fossil takes it home with him. Wow. Sounds wrong. b.) And then there’s the billions of dollars in profit for the prez and his family from their crypto currency shenanigan’s. Who’s writing the rules on this made up currency?  Oh, silly me, there are no rules and regulations and that’s what makes it so lucrative, folks. c.) With a series of million dollar a plate dinner dates with Donald and the fossil fuel barons have reversed United States environmental policy and Trump is quickly returning to a “drill baby drill” mentality, opening up wide swaths of public lands, most dramatically in Alaska. d.) And the “maybe you” or  “maybe not you” tariffs, I wonder how much is costs to be a “maybe not you” in the tariff war the prez has decided to unleash on the American consumer. e.)  What is the price of a pardon? We may never find out but the pardons being issued by this president seem to have a lot of donor money behind the presidential action.

5.)  The unrelenting attacks and insults against the media, by President Trump, are inexcusable and dangerous.  A little contention is good, but what is going on is unprecedented.  Since when does the top liar in the country have the right to accuse anyone of being “fake.”  The fabricated accusations by Trump are disgusting and unnecessary.  Trump’s assault against the press must stop. The press in an indispensable part of our democracy, understood by our founding fathers that’s why we have the First Amendment to the Constitution.  Free speech whether written or spoken is the foundation of democracy. Calling people “fat”, “nasty”, and “stupid” demeans the office of president and calls into question the abilities and motives of anyone that dares tell the world the emperor has no clothes.

6.) “Who knew, health care was so complicated?” President Trump expressed Monday, February 27, 2017.   OMG.  Move forward to 2026. Nine years later and the dumb ass has participated in the biggest bait and switch in American history. Well, at least now, he admits, not everything can be solved on Truth Social.  In fact, the Republicans are so mean and cruel that they are about to give billionaires the biggest tax cuts in history while making health insurance skyrocket in price for the average American. On top of that health care calamity this country is designated as #42 on the world health care service effectiveness list.  That’s a pathetic placement.  “42”?  That means 41  other countries in the world are providing better and cheaper health care than we are. Absolutely, heartbreaking.  41 other countries provide both  better and cheaper health care for their citizens than we do here in the United States.  Has anyone thought to go to the  number 1 country, or even the number  2 country; and see how they do it?  Universal health care; that’s where I’d start, if I really wanted the best for the American people.  Let’s find out how to do it right.  We can still learn.

7.) What a bungled mess the Trump Administration has made of the Epstein files, nothing unusual for this crew of idiots. Trump’s AG, Pam Bondi said she was about ready to make Epstein’s client list public, whipping up public furor for the big reveal. In fact, Ms. AG said the file was “sitting on my desk right now,” leading to expectations that the information would soon be released. For Trump, a candidate that had made a big deal of releasing the Epstein files was now treading water, doing a lot of backscene arm twisting to keep the files secret. Then by memo the DOJ stated it would not be releasing the promised files. Reports indicate that Trump is mentioned at least 1500 times (maybe more) in the documents received from the Epstein estate. In at least one photo it sure looked like a 50-ish year old Trump had hold of a young beauty contestant’s breast. But, it must contain a lot more than a couple inappropriate pictures otherwise Donnie wouldn’t be so damn scared of what the full reveal will expose. Trump says “people will get hurt.” What the F? Epstein is believed to have sexually abused and trafficked over a 1,000 women and under age girls, perhaps more. These women have been hurt and continue to be hurt. It was about this time that even the Republicans began to break from the official dogma. Marjorie Taylor Green the most famous MAGA in the House, said, “no more”  to the coverup and announced plans to resign from office in January 2026,  after a very public falling out with Donald Trump.

8.)  Trump was impeached twice during his first term, but the Republican dominated Senate refused to convict. and it didn’t seem to slow the 35 count felon down. After a try at insurrection Trump and his followers went loudly into the political night…until 2024 when this friken’ criminal was re-elected by an amnesic electorate and the first thing he did was commute or pardon the January 6th, rioters. The only saving grace in this situation has been that many of them were criminals and kept offending which led to further incarceration. His second term has been different; the Republicans control the house, the senate, and the White House. In 2017 the Democrats were in charge of the House, led by spit fire Speaker of the House, Nancy Pelosi. It seems that the Republicans have no intention to bring this dog to heel. Soo00, folks we need to send the MAGA’s reps and senators home with their tails between their legs and send a whole new generation of Democrats to Washington.

9.) First our troops were attacking “narco” fishing boats off the coast of Venezuela. Trump upped the ante when he began boarding and seizing Venezuelan oil tankers. Then on 1/3/2026, according to Trump in a morning news conference, flanked by Pete Hegseth and Pam Bondi, announced that Nicolas Maduro along with his wife was  apprehended by the U.S military, following a large scale strike on Venezuela. I find this action alarming. What the hell? I’m not alone, the UN’s top counterterrorism expert has condemned the US actions, calling the strikes and “abduction” of Maduro an “illegal aggression.”  Such activities by our government should be alarming. Since when does the U.S. swoop in and kidnap a government leader of a sovereign country? What? Didn’t Trump just pardon Juan Hernandez the former president of Honduras or the crimes Trump is now accusing Venezuela’s leader Maduro. This is not the American way. Really dangerous, folks. Having our demented president Trump claim “we are going to run the country…” should make the hair on your arms stand up. What next, Greenland? Cuba? Mexico? Columbia? Iran?

10.) It was Saturday afternoon and I wasn’t doing anything…so I decided I’d watch former Special Counsel Jack Smith’s testimony to the Republican led House Judiciary Committee on YouTube. Mr. Smith testified in a closed-door deposition in December 2025. He defended his investigations into Donald Trump regarding the 2020 Russian election interference and the missing classified documents found at Mar-a-Lago. Smith pushed back against accusations that his investigation was politically motivated, and stated categorically that Trump was guilty of all charges brought by the Special Counsel team. Smith denied emphatically  that the probes were in anyway political. I think if you have 6 or so hours, please watch it.

My big question, why are we ‘effin around in Venezuela, Nigeria, Argentina? We have hungry kids in this country, we have sick old people, we have nearly 30 million people about to be unable to pay for health insurance. Stop the bullshit, its time for our government to start taking care of the needy in this country. The cost of Trump’s demented government policy is dangerous and costly. And I want to remind you, just because it hasn’t happened (yet), doesn’t mean it can’t, or won’t.

Things That Make Me Cry

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Things That Make Me Cry

Things That Make Me Cry

D. S. Mitchell

No Smiles

My regular monthly post, “Things That Make Me Smile” has been replaced this month with the “Things That Make Me Cry.” The egregious activities of dictator Trump have brought me to tears more than once this last 10 months. “Trump’s egregious infractions range from unfair to the unconstitutional to the unconscionable,” according to Ruben Navarrette. Its not just Trump, but his cronies in congress who are allowing Trump to bulldoze our government. Navarrette continues that Trump has “defaced, defiled, and destroyed the institutions and traditions that make America great.”

Spot On

Sadly, Navarrette is spot on, and that’s why I can’t stop crying. I am watching the death of our democracy, one executive order at a time. How about you? Is this president breaking your heart too? We are together in this thing. Grab my hand and let’s commit to do everything within our power to elect a blue House and a blue Senate. Stop the oligarchs. Stop the madness. Protest and demonstrate. Donate as much as you can, as often as you can. It takes a lot of money and a lot of noise to defeat the billionaire boy’s club.

Self-Interest Above All

Trump will go down in history as a morally corrupt conman, carnival barker, bigot, and 35 count convicted felon who only asked what the presidency could do for him, not what he could do for the presidency or the country.

15 Things That Trump Has Done That Made Me Cry 

No. 1: The bulldozing And Complete Destruction Of The Historic East Wing Of The White House: A woman on the tellie called it a “gut punch,” and I feel the same. When I saw the pictures of the demolished East Wing on the Rachael Maddow show it took my breath away. Literally. I was gasping for air, it ‘effin looked like we’d just been bombed. And I guess we were, but it was a domestic terrorist, and his name is  Donald Trump. No one asked the American people if they wanted a gaudy skid road carney show at the White House. How in the ‘eff is Trump getting away with this. Private donations? Ahhh….nothing about this is sounding okay.

No. 2: Trump’s Illegal Dumb-Ass Tariffs: Weaponizing trade policy by imposing punitively high tariffs on imports from more than 180 countries, even on an island inhabited only by penguins. Boy, DJT, you look so stupid and ignorant, you leave us in breathless shock. Trump has recklessly added more fucking taxes on the already overwhelmed  U.S. citizenry. Great messaging. Another gold toilet for Trump. I think George III was sent the message, “No Kings Here,” back in 1776, now it appears you, Mr. Trump need a history lesson. Making matters worse he’s paused the tariffs, schizophrenically changed the tariff rate multiple times to the same country, then for no reasonable rationale restarted them, before in some panicked moment paused them again.

No. 4: Intentional Suppression Of The Epstein Files: Trump has used the power of his lawless government to stop the release of the Epstein files and distract from that suppression in every imaginable way. Trump and the most infamous sex trafficker of the 20th century was according to Trump, “his best buddy” for over a decade. My mom always said, “you’ll be judged by those you associate with.”  So, using that old time truism, you are who you run with. Trump like former Prince Andrew was running around with a sex trafficker extraordinaire Jeffrey Epstein which says to me, he was participating in the abuses right along with dozens of other rich and powerful men. How many trips to Epstein Island, Donald? I say, release the files and let the American people judge how involved Trump was in Epstein’s crimes.

No. 5: Abandoning Ukraine: Who could forget that February meeting at the WH between Trump and Zelenskyy that ended in an ugly rant by Trump. Zelenskyy was invited back to the White House a week ago when Trump dangled the possibility of providing Ukraine with long range Tomahawk  missiles, giving Ukraine the ability to launch offensive attacks on Russia. After luring him to the WH with false promises Trump told Z just to give Putin the land and it would all be over. Unimaginable. Since when does a president of the United States humiliate and demonize an ally and hook their panties to a dictator.

No. 6: War Against Birthright Citizenship: Trump’s on going assault against the Constitution is on full display on this one. The 14th Amendment  spelled out by the Founding Fathers, states unequivocally if you are born in the United States you are entitled to full citizenship, by right of being born here, no questions asked.  Trump wants to turn 250 years of law on its head without going through the amendment process, just do it because Trump tells us to. The argument being that only children of citizens born here are entitled to US citizenship the-children of undocumented immigrants would not be given such privilege.

No. 7:  The Loss Of Due Process: Unleashing, without due process, a flurry of legally dubious deportations, not just of the undocumented but also green card holders, legal residents, AND even U.S. citizens. Blowing up boats in the open ocean without arrest or warning, based on some “belief” the targeted craft could be smuggling drugs is unbelievable. Here’s that pesky Constitution again, The 5th Amendment to the Constitution explicitly states “no person shall … be deprived of life, liberty or property, without due process of law.”  Quite simply, due process guarantees that no one will be arbitrarily fined, arrested, deported or killed by the state-unless they are told the accusations against them, and then be allowed to contest those allegations before a judge (neutral 3rd party).The loss of due process is a scary prospect.

No. 8: Taking A Big Jet From Qatar: What the hell? Since when do we take used equipment, I’m talking about the the Boeing 747 Trump wants to use as Air Force One, that requires billions of dollars to refit? Just B.S. We’ve got airplane manufacturers here in the United States. How about building something that the government gets to keep, not one that Trump plans on using until his death when supposedly his estate will turn it over to the Trump Library. Some say that Qatar bankrolls Hamas terrorists, but oh, well, fearless leader wants it- so-of course the Congress said, “yes, sir, yes, sir, yes, sir.”

No. 9: Trump Demanding $230 Million Dollars From DOJ: Trump himself said it seemed ridiculous that he had the ability to okay the transfer of $230 million dollars from the DOJ to himself. Why would the DOJ pay this con man anything, I ask. Trump claims wrongful prosecution by Jack Smith and others. Oh, really. According to the emoluments clause Trump has no such ability. He cannot pay himself more than his salary. The corruption is so blatant and so in your face I a left speechless. Every day something new, and more corrupt. Take for instance the Trump family crypto scam.

No. 10: Cyrpto Contest Shenanigan’s: Back in May Trump offered to the highest paying customers of his personal cryptocurrency a dinner and tour of the WH by Trump himself. Sounded like Trump was selling access to himself and the White House for personal profit. Seems like a logical conclusion. Trump began selling his new tokens three days before his inauguration. The coin, which has zero intrinsic value, soared to $75 each, allowing  60 of the earliest buyers to profit over $10 million each before the $TRUMP coins plummeted in value. When Trump announced his contest in late April to award a “gala” dinner at his golf resort in Sterling, Virginia, to the top 220 Trump coin purchasers, based on how much they held on average from Jan. 17, 2024 through May 15, 2025. At that time the coin was a depressed $8 each. The top 25 coin holders would also be invited to a “VIP” reception with Trump before the dinner and then a tour the following day. The contest website originally had said a White House tour was part of the package, but subsequently changed the webpage to delete the White House reference. Sometimes when it looks like in your face corruption, it is. As part of the crypto corruption Trump just pardoned Changpeng Zhao, commonly called CZ, for admitted money laundering. Mr Zhao just happens to be in the crypto business with the Trump family. Nothing to see here folks, just move along.

No. 11: Trump Claims Immunity From Judicial Review: The Supreme Court under  John Robert’s is a sickening collection of outlaws and revisionists. Historically this court will be viewed as a shameful period for the law. It seems that this pathetic court has underwritten just about anything Trump dreams up. Recently the Mango Mussolini claimed there could be no judicial review of his administration’s actions. Trump stated the president didn’t have to answer to the federal courts, and even threatened sitting judges that strike down his policies as unlawful and need to be impeached and replaced with those that are blind MAGA supporters.

No. 12: The Weaponization Of The Department of Justice: The takeover of the DOJ and the FBI, by Donnie Dearest is becoming increasingly alarming. Daddy Trump is now directing who should be indicted and prosecuted. Revenge and retribution for anyone who stepped on the fat one’s swollen toes or someone who may have angered him, or got ahead of him at the buffet line is in danger of having their lives turned upside down. John Bolton, Leticia James, James Comey are just the beginning of a boatload of politically targeted prosecutions. Watch out Chris Wray, Miles Taylor, Chris Krebs, John Brennan, Chris Christie, Adam Schiff, and even special prosecutor, Jack Smith.

No. 13: Pardoning The January 6th Rioters:  Trump on his second Inauguration Day distinguished himself by pardoning nearly 1600 people who participated in the January 6th, 2020 riot. Many of these offenders beat up cops, damaged, defaced, or stole government property, and threatened the lives of legislators. Since the pardon at least a dozen of these folks have been rearrested for new crimes.  Recently, a 1/6 pardon recipient was subsequently arrested for threatening to kill Hakeem Jeffries, the Democratic Leader of the House.

No. 14: Tax Cuts For Oligarchs, Insurance Cuts For Americans: On July 4, 2025, Trump signed “The Big Ugly Bill” leading to the largest cuts to health care into law. The entirely Republicans back reckless legislation cuts more than $1 trillion from Medicaid and the Affordable Care Act, destabilizing the health care system and making health care more expensive and harder to access for all Americans. The latest estimates from the nonpartisan, independent congressional Budget Office (CBO), Republicans’ health care cuts will terminate health insurance for roughly 15 million Americans. Some reports mistakenly suggest that Americans will not feel the harms of this legislation in the near term. Republicans are saying that select cuts could be stopped or delayed, while others are lying and saying there are no cuts to Medicaid. Month by month, hospitals are shutting down, clinics are closing, staff are being laid off, services are being cancelled, and families are paying more out of pocket, unable to access the care they need.

No. 15: Targeting Marginalized Groups: Trump and associates have instituted a campaign of anti-LGBTQ+ policies. Human rights groups note that Trump has stripped legal protections for transgender people and restricted access to gender affirming care. Trump has been openly hostile to the LGBTQ community and vehemently opposed the Equality Act, which would have ensured that existing civil rights protections cover sexual orientation and gender identity in the way that they already do for race, disability, veteran status, and more. The Dumpster also blocked basic job protections for LGBTQ people, insisting that employers should be free to fire workers for their sexual orientation or gender identity. The Department of Health and Human Services under the Trump administration also eliminated nondiscrimination protections for LGBTQ people established under the Affordable Care Act.

 

Cryptocurrency: A Quick Guide

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Cryptocurrency: A Quick Guide

'Crypto' is any form of digital or virtual currency that uses cryptography to secure transactions.

Cryptocurrency: A Quick Guide

Quite simply, cryptocurrency is digital money. It does not exist in the real world. There are no physical coins, or bills associated with it. It is not like stocks, real estate, jewelry, art, gold, and other valued metals. Cryptocurrency has no use or value other than the possession of it.  Cryptocurrencies are not associated to valuable assets — they are not tied to anything of value in the real world, and this often causes the ‘value’ to fluctuate erratically. 

By Mahinroop PM

‘Crypto’ Defined

Cryptocurrency or ‘crypto’ is any form of digital or virtual currency that uses cryptography to secure transactions and advanced coding to store and transmit cryptocurrency data between wallets and public ledgers. Cryptocurrencies do not have a central regulatory authority and they use a decentralized system to record transactions. Cryptocurrency is a digital payment system that does not rely on banks to verify transactions. Cryptocurrency is a peer-to-peer system which enables anyone to send and receive payments anywhere in the world.  The cryptocurrency payments exist as digital entries to an online database featuring specific transactions. The transactions are recorded in a public ledger when cryptocurrency funds are transferred and cryptocurrency is stored in digital wallets.

Bitcoin Emerges

The ultimate aim of cryptocurrency encryption is to provide privacy, security and safety. Bitcoin, was founded in 2009, and was the first cryptocurrency. Bitcoin is unquestionably the best known cryptocurrency and is traded like other entities for profit. Skyrocketing prices make cryptocurrency hugely popular among speculative and passionate investors. Other clever and passionate crypto investors use ‘mining’ to make money.

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DANGER AHEAD: Cyber Hacking On The Rise

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Cyber threats to world economies is growing daily

DANGER AHEAD:

Cyber Hacking On The Rise

Colonial Pipeline was hit with a devastating ransomware cyberattack in May 2021 that impacted computerized equipment managing the pipeline. The attack forced the company to shut down approximately 5,500 miles of pipeline in the United States, crippling gas delivery systems across the Southeast and Mid Atlantic states and panicking consumers.

By William Jones and D.S. Mitchell

Terrorists. Criminals and Cowboys

The ongoing digitization of all aspects of modern life should be concerning.  Governments world-wide are facing new challenges to keep both business and government secrets private in an increasingly threatening world of cyber criminals, state sponsored terrorists, and cowboy hackers. With increasing online and data usage, government databases have become primary targets for hackers and other cyber terrorists and criminals. Recent events have shaken the U.S. government and citizen confidence. Hackers can compromise data and as Chris Krebs said recently, ransomware attackers are the greatest threat to our digital world. Krebs served as Director of the Cybersecurity and Infrastructure Security Agency in the United States Department of Homeland Security from November 2018 to November 2020.

Cyber Warfare

Cyber warfare is defined as actions by a nation-state to penetrate another nation’s computers or networks to cause damage or disruption. It may also include non-state actors, such as terrorist groups, private companies, political or ideological extremist groups, criminal organizations, and activists.  Cyber attacks  have been a cause of concern for years, as the frequency of data breaches has increased along with their complexity and (economic, military, and political) implications, including elections and military catastrophe an ever growing possibility.

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Elon Musk’s Bitcoin U-Turn

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Elon Musk’s Bitcoin U-Turn:

Nothing But PR & Energy Politics

By Sonnet Gomes

I was so content with my current tiny investment in Cryptocurrency, especially Bitcoin, till last night. When Elon Musk’s Bitcoin U-Turn simply throws me off the edge.

Musk’s Tweet on suspending vehicle purchase using Bitcoin not only struck a boult on me but also my itty-bitty crypto asset. No wonder I was enraged to see the price dropping, and my investment is fading away.

However, it took me a while to come to my senses (thanks to my wife for a late-night Coffee) and realize what is actually going on.

Musk’s Twitter Activity from Last Night

The entire Tweet, I am sure, will amaze almost anyone. Let’s look at a few lines of it first, and then I will dive deep into them.

  • “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel” (O Boy, O Boy! we had no clue about it until the Tweet!)
  • “Cryptocurrency is a good idea on many levels, and we believe it has a promising future” (So Tesla and SpaceX are not dumping all its crypto assets because they are nothing but energy-guzzler carbon-emitting machines)
  • “Tesla will not be selling any Bitcoin, and we intend to use it for transactions as soon as mining transitions to more sustainable energy” (He actually loves Bitcoin and keeping all the digital assets for future use. Wondering what it’s that? Well, the next Bitcoin big selling)

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The Emergence of Digital Currency

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The Emergence of Digital Currency

By Jones William & D. S. Mitchell

“Cryptocurrency is a digital or ‘virtual’ currency that uses cryptography for security,”  Wikipedia

Who is Satoshi Nakamoto?

The first of two milestones in the development of cryptocurrency took place in 2008 and 2009.  The domain name bitcoin.org was registered on August 18th, 2008.  In 2009, a programmer/inventor known only by the pseudonym, Satoshi Nakamoto announced he had found a way to build a decentralized digital cash system.  The mysterious “Satoshi Nakamoto” published a paper “Bitcoin: A peer-to-peer Electronic Cash System”.  In his paper Nakamoto described a totally decentralized digital currency, with no server or central authority, thus setting the ball rolling for the emergence of digital currency.

Minimizing Duplication

Digital currencies use extremely complex encrypt sensitive data transfers to secure the units of exchange. In this regard, digital currency developers build complex code systems based on advanced computer engineering and mathematics principles. This approach renders them almost impossible to break, thus minimizing chances of duplication. The adopted protocols for digital currencies also help mask the identities of cryptocurrency users, thus making it difficult to attribute fund flows and transactions to specific people.

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