The cryptic world of cryptocurrencies

2 June 2021

Cryptocurrency fever has gripped the internet again, with the meteoric rise of Dogecoin and a minefield of speculative crypto buying and selling fuelled by Elon Musk’s Twitter account.

For the non-believers, cryptocurrencies like Bitcoin are nothing but a fad, propped up by meme-loving Reddit users and people seeking a quick buck. But for those within the cryptocurrency scene, it’s more than just a fun and lucrative side hustle: it’s the future.

But how does Bitcoin actually work? Is it a good investment? And what on earth is Dogecoin?

Read the full article at Contact, the UQ alumni magazine

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