Risky Business: Coining a New Currency

Risky Business: Coining a New Currency

When Brandon Porter ’18 saw his 2013 Bitcoin investment triple in value in less than six months, he felt a sense of victory. He quickly sold his investment, congratulating himself on profiting off the “passing fad” as much as he could. Little did he know that the value of Bitcoin would continue to exponentially grow. […]

Founder of HW Inc. speaks to students about cryptocurrency

Founder of HW Inc. speaks to students about cryptocurrency

HW Inc. founder Nick Abouzeid ’15 spoke to students Tuesday about his experience with cryptocurrency, specifically Bitcoin, and its power to compete with modern banks. Cryptocurrency is an online medium of decentralized exchange using cryptography to secure transactions, rather than a central bank or administrator. “The benefit is that Bitcoin is an untouchable, provable store […]