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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Fisker Electric Vehicle Startup Bans Bitcoin Investment

Fisker said that the company will not accept Bitcoin (BTC) as an investment due to environmental unfriendly processes used in Bitcoin mining operations.

by Mervyn Kwan
May 18, 2021

CRYPTOCURRENCY

Fisker Electric Vehicle Startup Bans Bitcoin Investment

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