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ARTICLE · 02 FEBRUARY 2018

Why Is Crypto So Important And Should I Care?

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A few years ago, if you had mentioned the term "cryptocurrency" to me, I would have imagined some kind of currency involving an underworld banking system, with hooded traders sitting behind shady computers.

BermudaFinance and Banking
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A few years ago, if you had mentioned the term "cryptocurrency" to me, I would have imagined some kind of currency involving an underworld banking system, with hooded traders sitting behind shady computers.

We now read about it not only in the business sections of daily websites or financial publications, but on their front page. Entire sections of news publications are becoming devoted to things like Bitcoin.

Jurisdictions around the world are scurrying to put into place legislation and regulations to allow or make it easier for companies to carry out initial coin offerings (ICO's) or token issuances. Is "cryptocurrency" even the right terminology? Or should it be "digital currency"? "Virtual currency"?

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