Cryptocurrency is traded through a system called blockchain, which involves a ‘sender’ and ‘receiver’ of the transaction record, along with a ‘miner’ who verifies the transaction’s integrity. Essentially, it is a multi-party system that depends on computer hardware known as a server. Running a computer to calculate and validate transactions consumes electricity, and to participate in the blockchain network, the cryptocurrency issuer must pay a fee. This fee effectively reflects electricity costs. Since the blockchain system relies on electricity, the core of cryptocurrency ultimately comes down to energy. - Joseph’s “just my thoughts”
In addition to the humanities, the natural sciences are very helpful in business and management. While the humanities provide human-centered insights, the natural sciences offer as neutral a view of the world as possible. Without the perspective of the world, we can't know the world. Biology gives us an understanding of how organizations and ecosystems work. Physics provides us with a comprehension of the nature of space, the nature of time, and the dynamics of relationships. Knowledge expands the world as we know it. - Joseph’s “just my thoughts”