Weekly iTeach Contest - How Cryptocurrency differs from Traditional Currency

We are into yet another week of the iTeach contest and I welcome you to this edition. We are taking a step into the crypto ecosystem today, we want to learn from your choice of currency. Hopefully, some would pick up something from your article and make decisions based on your whys.

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Dwelling on the Steem blockchain means cryptocurrency isn't a new concept to you but how well have you studied it, how you use it, your choice and what you can share with others such that they can also adopt this type of currency?

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Over years, cryptocurrency has been utilized as a very important asset for income generation via several methods like trading, staking, lending, and so on. Do you use cryptocurrency frequently? And what can you say or share to make more users adopt cryptocurrency? This is where the contest leads for the week.

• Discuss cryptocurrency and how it works, including a technology used in cryptocurrency.

• In what way do you mostly use cryptocurrency? Explain.

• What are the distinctive differences between cryptocurrency and traditional currencies? What's your choice between the two and why?

• Share your advice with the audience on the adoption of cryptocurrency and a few things they should watch out for.

• A total of 12 SP is available in this contest.

• The rewards would be shared 5, 4, & 3 SP respectively between the top 3 spots in the contest.

• Quality entries would be eligible to get booming support (not guaranteed).

Write an article on the subject with at least 300 words and post it in this community.


Do not plagiarize and ensure you use only copyright-free images if at all you would use an image you don't own.


Leave reasonable comments on entries from other participants. (this is very necessary).


Use the tag #iteach-crypto, #learnwithsteem, and the club status tag in the first four tags and add other relevant tags like #steemexclusive, and so on. In addition, add your country's tag (e.g #nigeria). Invite your friends (at least 3) by mentioning them in your comment on this post and at the bottom of your entry and also resteem to reach more users..


The title of your article should be, for example- "iTeach Contest: How Cryptocurrency differs from Traditional Currency ".


The contest is open to all nationalities.


Write quality content to stand out and also to be suitable for extra support (not guaranteed). The contest ends on the 24th of December 2022, 23:59 UTC.

In conclusion, we are discussing cryptocurrency for the week and in what ways you best utilize this asset type, how it differs from other conventional currencies, and your advice to others. Good luck, friends.