blockchain
How to Buy Ethereum (EHT) | Good Financial Cents®
Public Review – The Perfect Broker for New Investors?
If youâre a new and inexperienced investor, Public offers an opportunity to invest in stocks, ETFs, and even cryptocurrencies, on a user-friendly investment platform, free of trading commissions. Why else should you invest through Public? Want to know more? About Public Public is an online investing platform where you can invest in stocks, exchange traded […]
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Will Blockchain Technology Change Real Estate?
A couple of months ago a house was sold with an NFT. You may have no idea what I am talking about and that is okay. Most people have no idea how this works and honestly, the people who bought and sold the house in this manner may not have understood it either! Blockchain technology … Read more
8 ways to cash out your Bitcoin
Cashing out your Bitcoin? Here are 8 simple ways to do it, and a few things you may want to consider before selling it all.Cashing out your Bitcoin? Here are 8 simple ways to do it, and a few things you may want to consider before selling it all.
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Coinmama Review – Buy and Sell Cryptocurrency Online
Newly launched Defy Mortgage targets non-QM lending market
Defy Mortgage said it takes a âholistic approachâ to evaluating a homebuyerâs entire asset portfolio, including cryptocurrency and bitcoin.
Explaining Bitcoin in Simple Terms – The Best Interest
Is Virtual Real Estate Worth Buying?
Virtual real estate has been gaining a lot of popularity lately but many people have no idea what it is! To be fair, many of the creators of virtual real estate may not know exactly what virtual real estate can do yet either. I think virtual real estate has a ton of opportunities and can … Read more
I lost money in crypto so that you don’t have to!
One morning just over ten years ago, I had an interesting conversation at the Crossfit gym. I was “rolling out” â using a foam roller to break up tissue â with the usual group of guys, when one of my buddies brought up this new thing called Bitcoin.
“Bitcoin is digital money,” he said. “But it’s completely private and not tied to a government.”
“How does that work?” I asked. From the very first moment I heard about cryptocurrency, it didn’t seem to make any sense. My friend tried to explain. We all chatted about it for a few minutes, and then we lifted heavy weights and/or sweated extensively and/or both of the above.
When I got home, I googled Bitcoin. Nothing I read made any sense to me. I checked the price. My memory is that Bitcoin was selling for $7 or $8 at the time.
Over the past decade, I’ve been bombarded with info about Bitcoin and cryptocurrency. I’ve made an effort to self-educate, to learn why people consider crypto valuable and why they think it’s the future of money. To this day, I still haven’t found an explainer that has actually explained things well enough for me to truly understand.
This 21-minute video from Slidebean has been most effective at helping me grasp the basics of the blockchain and cryptocurrency, but it still didn’t convince me that this stuff was valuable.
https://www.youtube.com/watch?v=sseN7eYMtOc
Despite all of this, I’ve found myself gradually being worn down over time. So many people endorse cryptocurrency, including people who seem to be savvy and smart. Kim’s brother, for instance, is a huge advocate of cryptocurrency. He and his wife have netted tens of thousands of dollars by dabbling in cryptocurrency. (They bought a new SUV with profits from one transaction.)
So, last fall, I succumbed to the mania.