When they say information is power, what exactly do you really understand by that?
But first let's break it down but by bit.
What is information?
Information is a news or knowledge received or given to someone about something that was unknown to them.
What is power?
Power mean the right to govern, rule or determine the fate of a man particular thing.
Merging this two words together according to the topic of discussion, you'll realized that when they say information is power, it actually passing a news or an authoritative announcement that will determine the fate of a particular thing at a particular time.
And traders in the economic market don't joke with such moments, moments when a particular news will be release about a currency or market situation because at this moment is the time where they all get their bucks of money via the outcome of the announcement as the announcement will affect the economic market of a state.
Well, you have been in the cryptocurrency world and I hope that should be a lesson to never underestimate the power of information because information is not just power when it comes to the economic/cryptocurrency world, but it is money, so learn your lessons and never joke with it because generally, a single information is capable of changing your life totally to for good.
Until I come your way some other time.
I am @Mike4christ
Great article!