When it comes to engaging with financial systems, there are some things that fiat just can’t offer. Luckily, there’s always crypto.
So, you’re thinking of investing in crypto? Maybe you already have, and outside of buying little bits when the time is right, and holding them in an online wallet, watching your ROI slowly but surely increase– you don’t really know what else to do. Little are you aware, an investment in bitcoin, or another cryptocurrency is actually an investment in the future of finance as we know it.
Cryptocurrencies offer many of the same financial opportunities that fiat and national currencies do, many of the same trading opportunities that stocks and bonds hold, but more than that– cryptocurrencies offer you to ability to not only engage with the financial world, but interact in such a way where you are your very own CFO.
Everything you need to know about the crypto superhighway.
Trading crypto can seem intimidating– especially for new and retail investors. As major cryptocurrencies begin to trade for thousands (if not tens of thousands) of dollars each, it can seem fairly cost-prohibitive for the casual investor to buy into. But this is actually not true. Investing small amounts of money into cryptocurrencies can not only turn a tidy profit, but it can also help protect existing assets against inflation, or save crossborder transactors a ton of money in associated fees.
Thanks to the ever-increasing plethora of options that investors have when it comes to avenues for buying and selling crypto, even those who have little to no access to legacy financial institutions still have the ability to invest in crypto. Creating a truly global financial network that can be accessed with ease. All by using the right ramps.
Cryptocurrencies like Bitcoin are a truly global digital currency system– but which countries are using them the most, and why?
When it comes to investments, outside of the recent GameStop/AMC scandal that broke out thanks to redditors worldwide, cryptocurrencies are definitely one of the most exciting, and most talked about, financial assets on the market today. Propelling an entire generation of newbie investors to begin to look forward to getting involved with what is the future of currency as we know it.
But more than just an investment, in some countries and to some people, cryptocurrencies are regarded as less of an asset and more of a gateway to democratized finance and a welcome disruption to centralized currencies.
The evolution of wages is a long and complicated story, but even if we were to examine its progression over the last half a century, we would see great changes.
Some fifty years ago, salaries came in pay packets filled with cash, and it was hard to imagine that people were ever paid in any other way, or that that would ever change. But, in time, it changed again, and people started receiving payments from their employers in the form of checks. These days, we wouldn’t dream of having our payments in any other way apart from online bank transfers. And, if you think about it, the goal seems to have been to move towards a payment method that would exclude cash. At the very least, you wanted to not have to carry huge amounts of it with you. Today, you can have entire bags of cash available on a single plastic card, which you can use for anything at any time.
With all of that in mind, the evolution of salaries could easily see yet another change in only a few years’ time, and this time, it could switch to cryptocurrencies.
For many years, Bitcoin has been accused for being a very dirty player by environmentalist when it comes to its electricity consumption. The entire Bitcoin network is estimated to consume as much as the entire country of Switzerland consume per year and the rapid emergence of Bitcoin and other cryptocurrencies has taken many in the energy sector by surprise. Because energy infrastructure is expensive and hard to build, questions about the consumption of energy the Bitcoin network uses are many and urgent due to analyzing the cost and environmental effects of the electricity system. In this article, I will touch upon some numbers and give my thoughts to this subject.
Nikolaj Rosenthal – CEO of Evonax.com