Have you heard of “ether gas?” What is it and why do you need to understand it? Simply put, ether gas is a denomination of ether designated toward paying the cost of running a transaction on the Ethereum blockchain. It is what you must pay to run an Ethereum transaction […]
Being a digital currency investor might appear daunting. Fortunately, there are many different resources you can leverage, including networking communities. These groups will likely provide a great environment for you to meet like-minded individuals. While much of the digital currency world takes place behind a computer screen, nothing can replace […]
When contemplating an investment in digital currencies, it never hurts to find out what other investors in the space are doing and what results they have achieved. Here, then, are the stories of three Kansas City entrepreneurs who opened their own businesses in the cryptocurrency space. Kory Bostwick is a […]
If you are dabbling in the world of new finance, you have likely noticed that participation in many ICOs or bitcoin EFTs is limited to accredited investors. What does that term mean, and how does it apply in the world of new finance? Accredited Investors in Mainstream Finance In traditional […]
One of the most talked about innovations that blockchain technology has brought to the table is so-called smart contracts. The Ethereum project was the first to introduce blockchain-based smart contracts that are able to automatically pay out digital currency when certain conditions are met. Today, there is a range of […]
In every burgeoning industry, there is a learning curve. Perhaps the greatest barrier to universal adoption of cryptocurrencies is lack of knowledge. One way to increase your knowledge of digital currencies is through meeting other crypto investors face-to-face. Using Meetup to Find Events Investors are turning to networking tools like […]
Bitcoin was created as a digital peer-to-peer payment system that enables users to store, send, and receive money without the need of a financial intermediary such as a bank. Early altcoins that followed bitcoin, such as litecoin, for example, effectively all had the same function. Hence, the term “cryptocurrencies” was […]
New finance is the category covering digital currencies, token markets, and blockchain-enabled assets. The easiest way to think about “new finance” vs. “old finance” is like the difference between “new media” vs. “old media.” In 1995, when the Web first began to take over the world, I was working for […]
Do you want to add bitcoin to your portfolio but question how much bitcoin exposure you should have? In this article, you will discover what leading investors and financial advisors think about what percentage of your portfolio should be in bitcoin. Five Percent of Your Net Worth Fred Wilson, CEO […]
Bitcoin is a “convertible virtual currency,” serves as a “store of value,” and operates in a virtual currency market that carries “substantial speculation and volatility risk.” Those are among the takeaways from a report by The U.S. Commodity Futures Trading Commission’s LabCFTC , released October 2017. Daniel Gorfine, the Director of […]
