Identity theft affects about one in 20 Americans each year, according to Experian. The penalties for committing identity theft can range from fines to up to 15 years in prison, depending on the severity of the charge. However, not many cybercriminals are ever caught, due to the anonymity of internet backchannels. It’s important to have a robust security [...]
Inflation refers to a currency's decline in purchasing power over time. It reflects an increase in the average price of goods and services in an economy in a given period. Oftentimes, inflation is reflected as a percentage. The higher the inflation percentage, the lower the value of a currency in a given time frame. Inflation rates vary based [...]
https://www.youtube.com/watch?v=zoAsfLtyBkY By Collin Plume
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The US may have a competition when it comes to snagging miners China is kicking out. A new report indicated that Argentina ranked 21st in the world in realized bitcoin gains last year, with some US$200 million. The powers that be in Argentina are offering energy subsidies in an electoral year. They’ve helped feed a boom in crypto-mining [...]
And they are moving. Miners were booted out of China and they decided to head our way. Apart from the fact that we will benefit from the new Bitcoins being mined, it is also timed perfectly. A tweet by CoinShare showed that Bitcoin’s value increases per halving cycle. Halving is an event built into the Bitcoin network. This [...]
Sports and cryptocurrency is a perfect combination. The speed, the adrenalin, and the potential for victories or loss is decided by split second decisions. Those adjectives are perfectly applicable to sports and crypto. And of all sports, there’s nothing more exciting than Formula One. So the announcement that they will start partnering with crypto trading platform, crypto.com, I [...]
The Securities and Exchange Commission’s (SEC) lawsuit against fintech startup Ripple Labs is unraveling more critical financial issues. The biggest issue is how regulations seem too outdated to catch up on innovation. This is more than a tricky problem because when it comes to the law, in inclusion, everything else is an exclusion. That simply means if the [...]
And it’s happening. People who are not being served by banks or with limited access to financial services are being snagged by cryptocurrencies. Visa just announced a new partnership with Tala, a digital financial services provider in emerging markets. The goal is to provide easier access to cryptocurrencies for underbanked consumers. They started by offering stablecoin USD Coin [...]
Here are three things you can get with My Digital Money if you decide to open a CryptoIRA with us. 1) It takes no more than 5 minutes to open an account. 2) You will have actual US-based client representative ready to answer your phone call to help you with anything you need. 3) Unparalleled military-grade for your crypto wallets. For [...]
