Cryptocurrency: What it is and how it works
Cryptocurrencies are managed through what’s called a distributed ledger such as blockchain.
8 min read
Jul 19, 2024
James Royal, Ph.D.
Principal writer, Investing and wealth management
EXPERTISE
- Investing
- Wealth management
- Behavioral finance
- Stock analysis
EDUCATION
- Bachelor of Science in management, University of Florida
- Master of Arts in English, University of Florida
- Doctorate in English, University of Florida
Our goal is to get wiser every day and avoid the mistakes of the past.
— James Royal, Ph.D.
About the author
Bankrate principal writer and editor James F. Royal, Ph.D. covers investing and wealth management. His work has been cited across major media, including CNBC, the Washington Post, The New York Times and the Associated Press. Royal believes in the power of education to help individuals make smart financial decisions that can positively and significantly improve their lives.
Experience
James is the author of The Zen of Thrift Conversions. He’s a veteran writer and stock analyst with a history of working in the financial-services industry, including at the Motley Fool and Bankrate.
Education
Royal has a bachelor’s degree in management as well as master’s and doctoral degrees in English earned at the University of Florida.
Media mentions
CNBC
Yahoo Finance
Reuters
Cheddar TV
Forbes
Barron’s
Our goal is to get wiser every day and avoid the mistakes of the past.
— James Royal, Ph.D.
James's latest articles
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401(k) rollover options: What to do if you lose or change your job
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What is an ETF? Learn the basics about exchange-traded funds
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What is a trust?
You don’t have to be a member of the Rockefeller or Gates families to benefit from a trust.
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Understanding futures vs. options: Which is better for you?
Futures and options are financial contracts used to hedge against price changes.
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What is a REIT and how does it work?
One way to start investing in real estate is to buy shares of a REIT.
6 min read Jul 12, 2024
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9 biggest 401(k) mistakes to avoid
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Stock market holidays in 2024: US markets are closed on these days
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These companies make up the popular Dow Jones Industrial Average.
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Elon Musk in 2024: What to know about the world’s richest person
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Best time of the year to retire for tax purposes
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Warren Buffett: Top investing lessons and advice from Berkshire’s legendary CEO
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