How Will Cryptocurrency Disrupt the Banking Industry?

Banking in the coming decades will be almost unrecognizable as cryptocurrency technologies drive an around-the-clock, more flexible, personalized experience. Our current fiat currency system — tied to governmental central banks — is a product of the gold —  and paper-based economies from which it grew, facilitating the growing economy of colonialism.  In contrast, blockchain-based cryptocurrencies show the hallmarks of our new digital reality. In the same way that computers have upended industries from manufacturing to medicine, our financial institutions are being disrupted by virtual currencies

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How Can Cryptocurrency Help the Unbanked?

A significant amount of people don’t participate in banking services, both in the U.S. and worldwide. The “unbanked” are driven to choose expensive alternatives. Cryptocurrencies, specifically stablecoins, and the associated technology infrastructure promises to bring fast and cheap services within reach of those who need it most. Who Are the Unbanked? The unbanked, underbanked, or “credit invisible” are those who do not have bank or credit card accounts.  The unbanked do not use any banking services at all, including checking and saving accounts and debit

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How can someone convert cryptocurrency to real cash?

Cryptocurrencies have many uses: as a long-term hedge against inflation; as a source of earning passive income through interest yield; as collateral for borrowing without selling your cryptocurrency; as a way of trading between various types (such as Bitcoin, Etherium, etc); and as a store of value to be liquidated when cash is needed. This blog post covers this last use case: converting crytpo currency into cash. Overview of Converting Crypto to Cash The following prerequisites are necessary to convert cryptocurrency to cash. Step-by-step instructions

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What Is The Blockchain And How Does It Work?

Introduction Blockchain technology — known primarily in the context of Bitcoin — has applications that include cryptocurrency transactions, streamline how we send money to loved ones in other countries, and deliver contracts and documents. What is the Blockchain, and what other applications are we going to see? Understanding Blockchain Via Its Predecessors The easiest way to understand new technologies is to examine its roots. Our cultural need to keep track of what’s going on in the world around us has directly evolved into today’s blockchain.

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How Can You Identify and Protect Yourself From Crypto Market Manipulation?

Introduction Manipulation of market prices has existed since the beginning of asset trading. Regulation of mature markets has made manipulating prices — and punishments that come with being caught — less enticing than in the new, wild cryptocurrency markets. In this article, we’ll cover how to identify crypto market manipulation and how to protect yourself from it. Stock, bond, and mutual funds — long-standing “mature” markets — have strict regulation covering all who work in those systems. Stringent monitoring, reporting, and auditing standards also apply,

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