On August 1st, 2017, Bitcoin is expected to fork (split into two). In this post, I discuss my learning about cryptocurrencies with an emphasis on Bitcoin and Bitcoin fork and why they may be a reasonable choice of currency for those who have a set of specific requirements but does not (dare I say, should not) represent an instrument for investment.
I started reading about cryptocurrencies (at last count 900 of them exist!) rather late and as I sit down to write this, the cryptocurrency with the largest market share - Bitcoin - is on the verge of significant change. In this post, I shall often use the Bitcoin as a synonym for cryptocurrency (depending on the context)