There is no sole authority or central server to be manipulated Blockchain

There is no sole authority or central server to be

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digital currency. There is no sole authority or central server to be manipulated. Blockchain technology is seen as a potentially “disruptive” technology, with the power to change the world. It has many potential applications, and where applied, should replace the power of any central authority with rules which cannot be bypassed: there will be government, but government which cannot be abused, embezzled, or bribed. There can be “forks”, which we will get into a little later; they effectively change the rules, but are, at the very least, open and transparent.
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Why Should I Be Excited About Cryptocurrency? Cryptocurrency (and blockchain technology on the whole) is something new and it has the potential to significantly change the way that the world works economically. Early investors or speculators in new, successful, disruptive technology can earn spectacular returns, although not without risk. For example, $10,000 invested in Microsoft stock in 1986 would have been worth more than $3 million within 25 years. The same amount invested in Apple stock in 1980 would be worth approximately $4 million today. So, over the medium or long term, even relatively small investments can grow into significant, potentially life-changing sums. Looking at a shorter time horizon, the larger cryptocurrencies fluctuate in value dramatically, as they are subject to an enormous amount of short-term speculative interest. There has been sizeable buying and selling by investors during 2017, keeping the price volatilities of cryptocurrencies high. An asset which rises in value by a large amount is statistically likely to either continue to rise, or fall by a similar amount soon, because volatility “clusters” . If volatility is high today, it is also likely to be high tomorrow.
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