Looking for "Cryptocurrency"

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tinam • Oct 10, 2022, 7:45 am EDT

As Hyperinflation Becomes The Norm, Argentinians Place Their Trust In Crypto

Despite a bitter crypto winter in 2022, digital asset adoption continues to take off across Central and especially South America as hyperinflation and various challenges from the COVID-19 pandemic accelerated general digital adoption. Within South America, Brazil ranks as one of the hottest global markets for Web3 projects. In addition, Colombia’s new president, Gustavo Petro, explained in 2021 how “virtual currency is pure information and therefore energy.” Amid massive hyperinflation and economic turmoil, Venezuelans, toiling under an oppressive government, have been turning to digital assets like Bitcoin as a fiat alternative. Even the government itself is trying to get involved. The nation’s government-invented ‘Petro’ (PTR) cryptocurrency

4 minutes

jennyl • Oct 7, 2022, 7:59 am EDT

8 Things You Should Know About How To Invest in Bitcoin

According to recent research, 16% of Americans have invested in cryptocurrency, including Bitcoin. However, this is still a relatively new concept, and some people may not yet know how to invest in Bitcoin. That’s where we come in! Keep reading to learn 8 tips on how to invest in Bitcoin. Bitcoin Is a Decentralized Currency Before you buy Bitcoin, you need to realize that it’s a decentralized currency. Decentralized means that it’s different from currencies like the United States dollar. No third party is controlling the currency. There is no central government or financial institutions. Instead, Bitcoin is hosted under a decentralized framework,

5 minutes

tinam • Oct 6, 2022, 8:59 am EDT

Proof-of-Work vs. Proof-of-Stake – A Guide To Crypto’s Most Popular Consensus Mechanisms

[vc_row][vc_column][vc_column_text]The long-awaited Ethereum ‘Merge’ is finally complete! The blockchain’s shift from a Proof-of-Work (PoW) consensus mechanism to a Proof-of-Stake (PoS) model represents one of the crypto world’s most significant network upgrades to date. Officially executed on September 15th, 2022, the Merge slashed Ethereum’s energy consumption by 99.95% and led many to hope the blockchain would feature more robust scalability capabilities and increase security. [/vc_column_text][vc_column_text]The long, often-delayed Merge process garnered plenty of headlines in and outside the crypto world. It also led many to grow more curious about PoW and PoS. As a result, both remain the most well-known and popular consensus blockchain mechanisms

4 minutes

tinam • Oct 5, 2022, 11:11 am EDT

Robert Kiyosaki Touts Bitcoin As A ‘Buy’ Amid Epic Market Crash Predictions

Rich Dad Poor Dad author Robert Kiyosaki is never shy about sharing his bold and often in-your-face financial predictions. The notable businessman and author issued another ringing call-to-arms for the “poor to get rich” in an early October 2022 email blast. He touted buying opportunities he believes will emerge in the coming months and encouraged followers to pay attention to activity by leading financial entities like the Federal Reserve. Robert Kiyosaki Speaks The Truth Kiyosaki also Tweeted to his 2.1 million followers on October 2nd that investors should buy Bitcoin, gold, and silver if the U.S. Dollar gets more robust based

3 minutes

jennyl • Sep 19, 2022, 2:43 pm EDT

What Is Crypto? An Ultimate Guide

1 out of 5 American adults has invested in or traded cryptocurrency. With numbers like that, there’s no way you’ve avoided hearing about cryptocurrencies such as Bitcoin or Ethereum. But as much as people talk about crypto online or in the news, many still wonder, “What is crypto?” It’s a concept that’s a bit complicated at first to explain, but it makes more and more sense as you dive into the crypto universe. So if you aren’t sure where to start when exploring, let us lead the way. Below is a quick introduction to cryptocurrencies. We promise to keep it simple. So,

6 minutes

tinam • Sep 11, 2022, 1:12 pm EDT

What Is The Ethereum Merge, And Why Does It Matter?

The final countdown has arrived here. Finally, one of crypto’s most significant milestones is close on the horizon after months and months of delays. The media dubbed this history-making event ‘the Merge,’ the cumulation of Ethereum’s long-awaited shift from a Proof of Work (PoW) to a Proof of Stake (PoS) consensus mechanism. The stakes are massive. So What Is The Ethereum Merge, And Why Is It Important? To start, a successful merge means Ethereum’s energy consumption will nosedive by 99.95%. Crypto’s long been a focus of concern from environmentalists who worry about PoW blockchains chewing up large amounts of power. https://giphy.com/vmas Earlier in

4 minutes

tinam • Sep 8, 2022, 12:46 pm EDT

One Year In, El Salvador’s Bitcoin Gamble Keeps Making Waves

One Year In, El Salvador’s Bitcoin Gamble Keeps Making Waves Many flock to crypto to try and escape the ever-present influence of central banks and governments. However, Bitcoin’s impact remains just too big to ignore by some leaders who occupy the halls of power in their nations. El Salvador is one example led by the young, tech-focused Nayib Bukele. The Bitcoin advocate and frequent Tweeter made history in early September 2021 when Bitcoin was made legal tender in the small Central American nation. Digital currency advocates, including Bukele, argued the move would boost the prospects of millions of El Salvadorans

4 minutes

jennyl • Sep 6, 2022, 7:48 am EDT

What is Crypto Mining? 10 Things You Should Know

With the price of Bitcoin still somewhat volatile as of the time of writing, some people are looking into mining other forms of crypto. If that sounds like the kind of thing you want to get into, we totally want to empower that. Although you may be thinking, “So, what is crypto mining, and how do I get involved?” Below, we have listed ten of the most important facts related to crypto mining. Once you’re through soaking up this content, you’ll walk away with a full scope of knowledge on the subject. So, don’t wait, and get on the crypto mining bandwagon

5 minutes

tinam • Aug 31, 2022, 7:42 am EDT

Can You Buy A Piece Of The Internet With Bitcoin? Maybe So.

What does buying the Internet look like? Some believe it might start at the bottom of the ocean. In February 2019, Google announced development plans for the first undersea private intercontinental cable running from California to Chile. Over the last several years, entities like Facebook, Microsoft, and Google have been working hard to build expansive fiber-optic submarine cables. Few might know these cables are the backbone of the modern Internet. The more than 700,000+ miles of cables in use carry 95-99% of global data. Some argue that the moves by Google and other content providers to build these cables ultimately help to

4 minutes

jennyl • Aug 10, 2022, 8:02 am EDT

How to Transfer Crypto From Robinhood

In 2022, 15.9 million people were using Robinhood. If you’re one of them, you might wonder how to transfer crypto from Robinhood. Thankfully, it is possible, but there are specific steps you’ll need to follow to move your cryptocurrency. Keep reading to learn all you need to know about transferring crypto from Robinhood to a secure account. Why Should You Transfer Crypto? If you’re a Bitcoin investor, you might want to transfer their cryptocurrency from Robinhood to a cryptocurrency exchange so that they can use it more easily. It also helps you avoid any restrictions that Robinhood has on cryptocurrency.

5 minutes