FinanceMaster

  By: Oliver Rahman Hey guys! This is a different post than I'm sure most of you are used to, but I wanted to announce that I have helped create the first Newsletter for the Economics and Finance Society at West Chester University ! I was the Newsletter Director for this edition (and the future ones to come) so I helped guide these other members and helped them to write their own articles/designed the template.  This edition highlights the research, analysis, and insights produced by our own EFS members. Check it out with the link below! Economics & Finance Society — 1st Edition | LinkedIn

By: Oliver Rahman Bitcoin: The solution and future of finance! Crypto? Digital gold! The ultimate democratization of finance! These are some of the titles thrown around by people who love crypto and their reasons for buying it. And in truth, they are partly right. Over the last 15 years crypto has exploded onto the financial scene, becoming the interest of even large companies such as JPMorgan and BlackRock. The entire crypto industry is worth ~4.35 trillion, which makes it the 3rd most valuable asset in the world (only gold and NVIDIA are ahead). However, that's not to say there are no problems with bitcoin, and crypto in general. Factors that aren't discussed regularly include volatility, scalability and security risks that will prevent crypto from ever being a dominant currency in the world. Crypto is volatile If I came up to you today and told you If you give me all your money, I could either increase it 1000% or decrease it 90%, would you take the risk? I think its safe ...