Is It Safe to Invest in Bitcoin in 2019?

Obviously, the world is becoming digital. Now more and more people from all over the world have access to the internet and all kinds of businesses are going to make money online.
As the world becomes more dependent on the Internet, the need for a global, secure and digital currency is becoming increasingly challenging. This is exactly what bitcoin and other cryptocurrencies offer. Bitcoin is open to anyone who wants to invest in it.

However, unlike traditional investment opportunities, which are simple and well understood, investing in bitcoin requires time and effort to understand how it works and to understand it properly. Due to lack of knowledge and a lot of conflicting information online investing in bitcoin is scary for many people.
This article will put your mind to focus on whether to really invest in bitcoin in 2019 or not, but before that ”

Why invest in bitcoin?

Only 21 million bitcoins are available worldwide; and as people continue to mine, coins are born. In essence, this means that bitcoin is valuable. Take for example gold. There is a limited amount of gold; and as more of it is mined it becomes little, and hence more valuable.

The same goes for bitcoins. The value of bitcoin can be checked by anyone. You can tell when new bitcoins are being created and how many are in circulation. You can send your bitcoins globally, and no bank, government or financial institution can freeze them.

Bitcoin has an impact on the global economy; and as more people go online, its usefulness continues to increase.

How to secure your bitcoin

Investing in bitcoin is a serious business that needs to be taken as such. Hackers and fraudsters who want to get valuable information and cryptocurrencies from unsuspecting people are common on the Internet.

Because this type of investment is the Internet and is the most valuable investment on the Internet, it is exposed to many risks. It is wise to take steps to secure your investment.

In the past, there have been cases where hackers have broken bitcoin wallets. There are some best practices you can follow to ensure the security of your bitcoin. Here are some things you need to do:

  • Keep only a small amount of bitcoins in each wallet
  • Encrypt your wallet with bitcoins for an extra level of security
  • Use a password that is extremely difficult to understand even for people who know you
  • Always maintain the software
  • Take a backup of your wallet and store it in various safe places
  • Use an offline wallet to save bitcoin

Before investing in bitcoin, take your time to understand how it works, how you can secure your bitcoin, how it differs from regular currency and how bitcoin affects the world. With all this in mind, you will be able to make the right decision as to whether investing in bitcoin is right for you or not.


Bitcoin Buying Guide – Easy 3-Step Guide to Buying Your First Bitcoin

Looking for a guide to buying bitcoin? I wonder where to start? People have a lot of misconceptions about bitcoin – the first widely known and accepted worldwide cryptocurrency.
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Many people think, for example, that only hackers and shadow people use it. However, in reality bitcoins go basically with everyone from TigerDirect, ending with Expedia.com and ending with Dell and even Subway, accepting payments in bitcoins.

Why so popular?

Well, bitcoin has many advantages over other currencies. For example, you can send someone a bitcoin as a payment without going through a bank intermediary (and get extra fees). It is also much faster than sending money by bank transfer or wire transfer. You can send someone a bitcoin and get them to receive coins in seconds.
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With all this, it is not surprising that many people are now trying to buy bitcoin for the first time. However, it’s not as easy as going to your bank and withdrawing bitcoin – or going to the store and grabbing a little earned money for bitcoin.
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The system works a little differently. This Bitcoin Buying Guide will cover a few things you need to know before buying so that you can buy safely and securely.

First of all, although the price can exceed $ 2,000 per coin, you don’t need to buy whole bitcoins. In most places you can buy portions of bitcoin for only $ 20. So you can start small and go from there when you feel more comfortable working.
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Second, this article is for general purposes only and should not be construed as financial advice. Bitcoin can be risky, and before making any purchase, consult with a financial advisor to find out if it is right for you.
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So, here are 3 easy steps to buying bitcoins:

# 1 Get a bitcoin wallet
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The first thing to do before you buy coins is to get a virtual wallet to store the coins. This wallet is a line of text that people can use to send you bitcoins.
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There are a number of different types of wallets, including the ones you download to your phone or computer, wallets online and even offline, cold wallets.
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Most people prefer to receive a wallet on their phone or computer. Popular wallets include Blockchain, Armory, Bitgo MyCelium and Xapo.
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Usually it’s just like downloading a wallet to your phone as an app or downloading software to your computer from the main wallet site.
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# 2 Decide where to buy
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There are several types of places to buy, and each is somewhat different. There are online sellers who will sell you bitcoin directly for cash (either a bank transfer or a credit card).

There are exchanges where you can buy and sell bitcoins from others – similar to the stock market. There are also local exchanges that connect you with sellers in your area who want to sell.
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There are also ATMs where you are going to buy cash and deliver coins to your wallet in minutes.

Every bitcoin seller has its advantages and disadvantages. For example, ATMs are great for privacy, but they will charge you up to 20% up to the current price, which is ridiculous. (At a BTC price of $ 2,000 it’s $ 400! So you pay $ 2,400 instead of $ 2,000).

No matter where you decide to buy, be sure to research and contact a reliable seller with a good reputation and strong customer service. Buyers will have questions for the first time and may need additional support to help them make the first transaction.
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Take your time and explore different places to buy before making a decision. Factors to consider include coin prices, additional fees, payment method and customer service.

# 3 Buy bitcoin and transfer it to your wallet

Once you have found a place to buy, prepare your funds (i.e. you can send a bank transfer or use Visa to top up your account). Then wait for a good price. (Bitcoin prices always fluctuate around the clock, without weekends). Then place your order when you are ready.
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Once your order is filled and you have the coins, you will want to send them to your wallet. Just enter your bitcoin address and get the seller to send you your bitcoin. You should see how they display in your wallet in a matter of minutes-hours (depending on how fast the seller ships them).

Voila, you are now the owner of bitcoin. You can now send coins to pay for other goods and services, or hang them on a rainy day.

The last thing to remember: bitcoin is still in its infancy. There are huge price fluctuations, and currency can be risky. Never buy more bitcoins than you can lose.

How to Get Money Fast (Even If You Don’t Have a Driver’s License)

Are you tired of hoping that mom and dad will earn help? Do you need to make money fast? Why not do something about it! You do not need a driver’s license to make money. In fact, there are many ways to make money quickly without relying on weekly responsibilities.

1. Wash machines: Just because you don’t know how to drive them doesn’t mean you can’t wash them. Start a neighborhood car wash service. To make even more money, decide to also include a vacuum cleaning and window cleaning service in your business.

Car washing is a tedious job for which most busy adults are more than willing to pay. YES take advantage of this and start erasing away.

2. Make weekly deliveries: Check the yellow pages or local community ads for companies that may need a provider. Delivery is simple and allows you to enjoy the sun. Ride a bike, rollerblade or just walk around the neighborhood for money.

3. Offer a dog walking service: Many people are just too tired after a long day’s work to walk with their puppies. Offer for an hour to remove from the hands of neighbors small fur balls and start walking dogs.

Gather as many dogs as you can, charge a fee and head to the park or around the block after school. Dogs and their owners will thank you! And your wallet too!

You Need More Income

The presidential election is over and I can tell you now. President-elect Donald Trump is not going to save you. You will need more income. Senator Hillary Clinton also couldn’t save your finances. True, the middle class is dead. The dream of finding a good job, buying a house, a car and saving to go to greener pastures is an illusion.

Don’t believe me. See all fast food, safety and customer service jobs. Not enough work. Jobs are everywhere if you want to work for a minimum wage or a little higher. Unemployment is falling every year since the last recession. Americans are afraid because they live on wages. They are indebted to the eyeball. One failure and they can be ruined financially.

Don’t think the middle class is dead. Will the next POTUS bring back the revival of the middle class? Heck, it’s been declining for over 30 years. Think. If you make $ 100,000 in places like Los Angeles, New York, San Francisco or Chicago, you’re fighting. Especially if you have student loans, mortgages and huge credit card debt.

The journey is broken

Go to work, get paid, and then barley get to the next salary. Then use credit cards, payday loans or equity lines to bridge the gap until you are paid again. This is a journey broken. The vicious circle that covers most American homes today. People are not moving forward. You can blame the economy, greedy corporations or bad trade deals. After all, why you’re spoiled is because of YOU.

Until you generate more income, the cycle of debt and insufficient money will be repeated. Income is the king of financial security. Here people fail. They do not create more profit. Of course, cost reductions and a monthly cash flow plan can help you in financing. But until you increase that income line … you will struggle.

Get another job

The fastest way to get more income is to get a second job. Yes, there are several jobs depending on where you live. Pizza delivery, security guards, fast food workers and other minimum wage opportunities. I didn’t say I was creating a new career, but said I would work second.

Getting a second job is the easiest way to change your financial future. No, it’s not permanent. This is a direct income, and if you manage your money properly, you will be able to be financially secure in a couple of years. It takes work and discipline. Now that you have family obligations that don’t allow you to get a second job, you need to find other ways to earn an income.

Sell ​​your bullshit

Yes, I called it nonsense. If you pay a monthly storage fee, you can’t park the car in the garage (the garage is designed to keep your car from storing things), or you will still move over with things in your home after you clean up. Then you need to sell that crap. Keep the yard selling. Get rid of it and create money. Put it on eBay or other sites. Clean the cutter and fatten the purse.

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With Uber and Lyft you will be able to unleash the sides. Keep your full job and do these independent side contractors. Choose your watch. Work as hard as you can. Don’t like to ride? Find something flexible and increase your score.

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This is the hardest way to get more income. But it will give wealth if you succeed. If you are not impressed by the spirit of the entrepreneur, find another job. Can you turn your hobby into an empire? Maybe? Understand that to make more money in business you need sales. Sales are the lifeblood of all businesses. No sales, no success.

Generate more revenue

I’ve given you a few ways to make more money. Make a short-term and long-term plan. The middle class is dead. Your financial future is in your hands. More flows will help you survive the middle class crisis.

How to Deal With a Moocher

Do you have a good heart and do you find it difficult to tell someone who is asking you for money that you need to stop? It is very difficult to tell a friend or family member that you can no longer give them money.

Dealing with garbage can be stressful and difficult for your health. One way to help you think about this difficult matter is to make a financial impact on yourself. If you help someone financially and you have an emergency, will you be all right? Do you have an emergency fund? My recommendation is to have at least a year and a half of emergency fund before even considering giving money. It’s amazing how quickly you can burn out after losing a job or getting into emergency medical care.

To you, your friend or loved one may not seem like an asshole. In fact it may be a term you have never applied to this person. But are they? Can you afford to continue giving money to someone who constantly demands it? Suppose you are at work and about to have dinner, and a colleague constantly leaves you to pay the bill? Or suddenly they seem innocent to say, “Hey, I forgot my wallet, you can pay, and I’ll pay you back right away?” But when they return to the office, they never do. It can be an awkward situation for you and them. You may end up paying just for the embarrassment to end. But is it really fair to you who work hard to pay for someone else? Isn’t it true that they also work, so just don’t want to give up their money?

Once you start giving freebies, you can find it very difficult to get them to stop. Some of us also don’t have the heart to tell them “no”. My recommendation to you is to limit contact with tormentors for a while. I also recommend that you conduct a thorough audit of your own finances. If you see that a gift can hurt you or you really can’t support someone else, it can help you gain courage and tell them you can’t help. It is important to look at your financial situation and be honest with yourself. It’s good to have a giving heart, just make sure you don’t hurt yourself as a result.

Wealth Creation: 10 Steps To Financial Freedom

Throughout my research and research on wealth creation I have reworked all the formulas and recommendations into 10 important principles. If you follow these simple principles and always think outside the box, you will be on the right path to financial success and wealth that will last you a lifetime.

  1. Create and visualize goalsA: They will always lead to wealth creation. Set a goal and visualize it every day. When setting your goals, you should always be sure that they are categorical, quantifiable, achievable, pragmatic, and limited in time.
  2. DO HOMEWORKA: Never jump into any business venture, no matter how attractive it may look. It can set you up for failure and frustration. The more interesting the business opportunity, the closer you should be when considering their return on investment requirements. (ROI) It is important for a prospective entrepreneur to test every business opportunity before investing a significant amount of time and / or money.
  3. IDENTIFY THE PROBLEM AND FIND A SOLUTIONA: This is the key to generating sales and cash flow for your business. Be determined to stick to it and not quit. Everyone is consistently trying to find a solution to their problems. If you can offer them a quality product and excellent value, then the world is your oyster. People are willing to open their wallets to those who can offer them an easier and better life. You have to remember one thing: problems are always waiting to be solved.
  4. THINK, BIG & KICK ASS: The only thing that starts at the top and grows down is the grave. Otherwise everything else in life starts small and grows up. When you grow up, you will not sleep, but when you jump, you will fall down. Naturally, common sense tells you that when you jump, gravity just pulls you down. There is so much to learn at the beginning of your business. It will be small, but you will dream big! So if you have a giant vision for growth, your business will also grow! Remember the saying … “To think is to create”Keep your vision, create a mission and share it with everyone you hire. With this you will all have a common goal to work on every day.
  5. USE THE EARNED CAPITAL THAT DEVELOP YOUR BUSINESSA: When developing your business, be sure to always use capital from profits. Developing a business on debt capital is really a very big risk. You have to be ready to dance to the music when it starts playing. If you position the growth of your business without acquiring debt, it will allow you to work harder and ensure that you get the money and earn the growth.
  6. CHOOSE OBLIGATORY RIGHT PEOPLE TO WORK WITHA: You need to be careful in choosing the people you are going to work with in this business. If you really want to grow your company, it is vital to choose people who fit the tasks you entrust to them. For example, you wouldn’t hire a heavy machinery operator to manage your sales department, right? A lot of time and money can be lost by trying to put a square peg in a round hole.
  7. USE FISCAL LEVERA: When your business starts to grow, it will reflect your profits. The whole basic nature of starting a business is to develop a consistent, predictable source of cash flow that exceeds cost and costs. The bank will lend money to your business based on the amount of cash flow it produces each month or year. So make sure you maintain cash even during slow economic periods. It may take some “thinking out of the box,” but that’s what is entrepreneurial.
  8. THINK BEYOND THE BOXA: In any market you choose to enter, there will always be competition. It is important to make the brand of your business to stand out from the rest. When branding your business, always think outside the box. Come up with ideas that haven’t been used before and you’re sure to get noticed.
  9. Don’t stop learningA: Read, read, read … Always learn about your product or niche, your target market and how the economy can affect your business. It is important to always try to stay ahead of the competition. Continuing training will allow you to flexibly make changes to your business when needed to stay on top.
  10. REFERENCE TO THE TEACHERA: It’s much easier to achieve financial success by following in the footsteps of someone who has already been in your place and reached the top you imagine. Find a teacher with whom you feel connected and has achieved the level of success you aspire to. Then listen to their every word. They will teach you the steps needed to achieve your financial goals and dreams. Remember that everyone who has achieved financial success as an entrepreneur has followed in the footsteps of another.

Is The Valcambi 50 Gram Gold CombiBar A Wise Investment?

CombiBar Gold bar – a bar made by Valcambi Suisse, the size of which is 50 grams, divided into fifty – 1 gram of rectangles, which can be easily broken off and used for emergency payments at a difficult time.

Gold CombiBars are minted to a credit card-like size, with the exact purpose of putting it in your wallet and easy to carry around with you on a trip or just a day.

The first question what might come to your mind: “CombiBar is a scam?”. I can assure you that is not the case. This gold bar is offered by a proven dealer of precious metals, minted by a reputable firm, and if necessary will be analyzed. In fact they come with a real trial card.

Each 1-gram gold rectangle in the Valcambi CombiBar is inscribed with its content and fineness, which is .9999 fine gold. To determine the current value of a piece in 1 gram of CombiBar’s 50-gram gold, simply divide the price of one ounce of gold by 31.1035; no for sure, but close enough.

The next question from which it logically follows: “do I really need the payment system Valcambi CombiBar Gold; is it really going to be so bad?”. Well, the obvious answer to that is, “I really hope not.”

Although two things (at least) are against us.

One is history. Fiat currencies never stand up. The U.S. dollar is a fiat currency that is no longer supported by anything other than the constant “full faith and credit” of the U.S. government. Since the Federal Reserve Act of 1913, the dollar has lost 92% of its purchasing power.

Second, these are current events. Since the current financial crisis began several years ago, U.S. public debt has exploded in uncharted waters. Much of this seems to have been simply to save powerful banking interests. And while referring to this quote seems complicated, it seems correct that democracy can only exist until the majority finds that it can itself vote for most of the state treasury.

All over the world we see economies collapsing, riots and governments taking desperate steps to control their citizenship with restrictions on cash transactions, the movement of cash across the border and on gold itself.

Simply, if you don’t have gold before you need it, you may not be able to get it.

Do enough people understand real money like gold and silver?

That’s a good question. Mark Dines a few years ago failed to sell a Canadian gold maple leaf coin for $ 1,200 for $ 50, then $ 25 and finally failed to give it to people passing by on the street.

However, when more visitors hit the news, offering 1964 menu prices for 1964 coins, and gas stations selling gas at ten cents a gallon if they paid up to a penny before 1965, people get the message.

And it may be that while most do not receive, those who have the necessary resources will receive them.

Even the phenomenon of BitCoin makes people aware of some problems. Note also how the German government has now begun storming Bitcoin, which will soon be followed by other governments, including the US.

Fiat currencies do not like competition at all, let alone “real money” or something that illustrates currency weakness.

Bottom line on gold CombiBar Valcambi 50 grams.

No matter if you ever need to break off small CombiBar Gold 1 gram bars to make a payment, it’s still quite a good physical possession of gold. The prize is only two to two percent higher than a sovereign gold coin similar to a buffalo or eagle.

Consider 50-gram CombiBar gold bars as fire insurance in your home: you hope you never need it, but if you need it, it’s too late to buy it after the fire starts.

Creating Extra Income – 3 Ways To Earn Extra Income On The Side With A Full Time Job

As the bills arrive the money leaves your bank and you may feel that you can no longer live on a salary. You can then start looking for ways to make money on the side while working full time. If this is your situation, then I’m glad you found my article and hopefully can give you some side work that you can do easily.

1. Online surveys – Online surveys require little work and pay somewhat decently. Some companies pay horribly, others pay decently, but unfortunately no company I’ve heard of pays fantastically! Feel free to search for yourself though to find a high paying survey site! I personally do surveys online, mostly out of boredom, but actually get a few bucks here and there every month. However, a lot of websites don’t really offer money. They could offer something like “Tokens” in which you can use money in exchange for money or things like a new gaming system or jewelry.

2. Recover assistance – If you know something about beautiful resumes, you can help others make their resumes professional and make extra profit. I used to do this back when I was in high school, it’s very simple, and the pay can be pretty decent. I used to charge $ 15 for a resume, which isn’t much, but that was more than enough while I was in high school, other than phone and car bills. When you go online, you can also find “Resume Templates” that can help you help others in resumes. Set a price and start selling your skills.

3. Recycling – This may seem silly, because, of course, you will not be able to seriously pay the bills by processing them. However, I wanted to include this in the review because you can not only make extra money on it, but also play an important positive role in your community and around the world. The earth needs love and recycling definitely does that to some degree. Also, as time goes on, the authorities have tried to make recycling an easier and more efficient thing, and now is the perfect time to start your recycling career!

Keep in mind that these are side jobs, you won’t be able to make a significant profit from the jobs listed. They are easy to make and relatively quick to fill, and you will be able to earn extra money in your wallet. If you’re looking for ways to generate substantial income all from part-time work, there are probably opportunities for that as well. For more information be sure to read my other articles on the subject.

Top 5 Places to Buy Gold and Silver Online

When buying gold and silver to protect against inflation, it is important to know the best gold and silver dealers online. To avoid tearing, use my advice about these gold and silver traders because I have dealt with most of them.

It is extremely important to note that when buying gold and silver as an investment, you are only buying for the metal content. You don’t want to buy numismatic or rare coins because many of them have a high premium for the spot price.

Since you are investing in gold and silver, you will want to get as much metal as possible at the lowest price. It is good to remember that it is necessary to buy only ingots or gold and silver ingots.

Many coin traders will try to sell you rare and classified coins because they make a huge premium for the price. To avoid tearing like me, buy only ingots and ingots.

Now let’s talk about the best places to buy gold and silver online.


Monex has one of the nicest and most convenient sites for gold and silver. They have very descriptive videos of every metal you invest in. Monex is really keen to get information about the products you buy. Monex has a good selection of metals to choose from, but their stock of ingots is small. Monex does provide a price list for every item they sell.

Prices at Monex are slightly higher than elsewhere, but they rate 10 on the design of their site. Overall, Monex is worth the time to check out, at least if it’s just to watch the video. You’ll learn a lot new only on the website, and maybe you’ll just decide to go to Monex as your dealer in gold and silver online.


eBay.com is a great place to buy precious metals. eBay has a huge market for not only gold and silver, but just about anything you want to buy. The best thing about buying gold and silver coins on eBay is the giant selection.

You can find cheap deals when shopping, and sometimes you can get silver coins at a price below the spot on eBay. I do use eBay to buy gold and silver, but for the most part their prices are a little higher than I’d like to pay if you don’t find a rare deal. Many times you can get free shipping on gold and silver coins if you choose the right seller.

Overall, eBay evaluates safe and viable choices for buying gold and silver coins and bullion.


I’ve heard good reviews about Bullion Direct, but never bought from them in person. Bullion direct has a metal descent, but their website is not as user-friendly as Apmex or Monex.

You can send your money to a self-governing IRA, but the prices of coins such as the American Silver Eagle do not withstand the prices of Apmex. If you have an IRA with an approved IRA custodian, you can invest your tax-deferred funds in gold and silver coins and bullion.

You will actually store physical metals, but they will either be stored in an ingot store or the company they choose to store your metals. An IRA through ingots is not a bad idea. It’s not a bad idea to buy physical metals at Bullion Direct, but there are other alternatives that may be more beneficial to your wallet.


Goldline has a good website and good inventory to choose from. In my opinion, Goldline delivery and customer service is high, so this is the place to start. Goldline, like Bullion Direct, offers precious metals to the IRA.

The only problem I see is that they don’t show prices on their site. Unlike Apmex or Bullion direct, their prices are hidden, and there is a “call to order”. Glenn Beck of Fox News is a Goldline fan, and he sometimes advertises them in his commercials. I like the fact that a familiar person is promoting a business because I feel good about buying from them.

I seem to have bought well when buying at Goldline, but I just didn’t go crazy over the hidden price. Overall, I think Goldline is an up-and-coming company and a good place to do business. You may want to call and find out about some quotes before you start shopping.


Apmex.com is definitely my favorite place to buy gold coins, silver coins, silver bars, gold bars, american gold eagles and american silver eagles. Apmex has a large stock of gold, silver, platinum, palladium, rare currencies and precious metals IRA.

The Apmex have great prices, the cheapest of all I’ve found, and they usually ship within a week. Apmex constantly conducts sales and markings. Apmex also has excellent packaging for your product. They review to make sure your stuff. Don’t beat around.

Overall, Apmex has excellent price, super shipping, great discounts and good customer service. I give Apmex.com A +++.

How Bitcoin Could Make Asset Managers of Us All

A recent report by the Bank of England on payment technologies and digital currencies examined blockchain technology, which allows digital currencies to become a “true technological innovation” that could have far-reaching implications for the financial industry.

So what is a chain of blocks and why are you all excited?

The blockchain is an Internet-decentralized government ledger of all digital transactions that have taken place. It is a digital currency, equivalent to a parent bank’s book that records transactions between two parties.

Just as our modern banking system cannot function without the means to record fiat currency exchanges between individuals, so too can the digital network not function without the trust that comes from being able to accurately record digital currency exchanges between parties.

It is decentralized in the sense that, unlike a traditional bank, which is the sole owner of an electronic general ledger of an account holder’s savings, a chain ledger is common to all network members and is not subject to the terms of a particular financial institution or country.

And what? Why is it preferable to our current banking system?

A decentralized money network ensures that by sitting outside the constantly connected current financial infrastructure, one can mitigate the risk of being a part of it if things go wrong. The 3 main risks of the centralized monetary system, which were identified as a result of the 2008 financial crisis, are lending, liquidity and operational failure. In the United States alone, 504 bank failures have occurred since 2008 due to insolvency; in 2010 alone, there were 157. Usually, such a collapse does not jeopardize the account holder’s savings through federal / national security and insurance for the first few hundred thousand dollars / pound. Bank assets are usually absorbed by another financial institution, but the effects of a collapse can cause uncertainty and the timing of the problem with access to funds. Because a decentralized system like the Bitcoin network does not depend on the bank to facilitate the transfer of funds between the two parties, but relies on tens of thousands of users to authorize transactions, it is more resilient to such failures, so it has as many backups as there are network members. , which provide transaction authorization in the event that one network member “crashes” (see below).

However, the bank does not need to be exposed to depositors, operational IT failures, such as those that recently stopped RBS and Lloyds customers from accessing their accounts for a few weeks, can affect a person’s ability to withdraw savings resulting from 30-40- summer age. an outdated IT infrastructure that is groaning under the pressure of lagging behind customer growth and lack of investment in general. A decentralized system is independent of this type of infrastructure, instead it is based on the combined computing power of its tens of thousands of users, providing the ability to scale as needed, failing any part of the system that does not cause the network to grind to a halt.

Liquidity is the ultimate real risk of centralized systems. In 2001, Argentine banks froze accounts and introduced controls on capital as a result of the debt crisis, Spanish banks in 2012 changed the fine print to block withdrawals by a certain amount, and Cypriot banks briefly froze customer accounts and used up to 10% savings individuals to repay national debt.

As Jacobs Kierkegaard, an economist at the Peterson Institute for International Economics, told the New York Times, “The deal is that being unsecured or even secured by depositors in eurozone banks is not as safe as before.” In a decentralized system, payments are made without assistance and transactions by banks, payments are checked only by the network, where there are enough funds, and there is no third party that would stop the transaction, misappropriate it or depreciate the amount contained by one.

GOOD. You make a point. So how does a blockchain work?

When an individual makes a digital transaction by paying another user, for example, 1 bitcoin, a message is created consisting of 3 components; a reference to a pre-record of information confirming that the buyer has the means to pay, the address of the payee’s digital wallet to which the payment will be made, and the amount to be paid. Any terms of the deal that the buyer can deliver are finally added, and the message is “stamped” with the buyer’s digital signature. The digital signature consists of a public and private key or code, the message is automatically encrypted with a private “key” and then sent to the network for verification, only the buyer’s public key can decrypt the message.

This verification process is designed to ensure that the destabilizing effect of “double costs”, which is a risk in digital currency networks, does not occur. The double cost is when John gives George £ 1 and then goes on to give Ringo the same £ 1 (Paul didn’t have to borrow £ 1 for a few years). This may seem incompatible with our current banking system, and indeed, the physical act of exchanging national currency prevents John from giving away the same 1 pound twice, but when he is dealing with digital currencies that are just data and where it is possible to copy or edit information regarding simple, the risk that 1 unit of digital currency will be cloned and used to make multiple payments in 1 bitcoin is real. The ability to do so will destroy any trust in the network and make it useless.

“The deal reflects that being unsecured or even secured by depositors in eurozone banks is not as safe as before.”

To ensure that the system is not abused, the network accepts every message automatically created by the buyer, and combines several of them into a “block” and presents them to volunteers or “miners” for verification. Miner compete with each other to be the first to authenticate a unit, special software on home computers that automatically seeks to verify digital signatures and ensures that the components of the transaction message logically follow from the previous message used to create it, and that it, in its the queue displays the previous block that was used when it was created and so on and so forth. If the sum of the previous components of the block will not be equal to the whole, then, most likely, an unintentional change of the block was made, and it can be stopped from authorization. A typical block requires 10 minutes to verify, and so the transaction can pass, although this can speed up the buyer by adding a small “tip” to encourage the miner to quickly verify his request. Miner solves the “puzzle” of the block. rewarded with 25 bitcoins plus any “tips,” so the new currency is put into circulation, this incentive ensures that volunteers continue to maintain the integrity of the network.

By allowing anyone to check the proposed change in the book and test it, the chain of blocks eliminates the need to manage this central authority, such as a bank. By removing this intermediary from the equation, you can avoid many savings in terms of set transaction fees, processing times, and restrictions on how much and to whom a transaction can be made.

It seems to be true.

That is, each type of system has its own special risks, decentralized is no different. The main threat to the decentralized Bitcoin network is the “51% threat,” 51% refers to the number of total network miners working together in the “pool” of mining to verify transactions. Due to the fact that people are becoming more expensive in terms of time and processing power to successfully validate a transaction as a result of network increase, and more mature individual miners are now joining “pools” where they combine their processing power to provide less but more regular and consistent return. In theory, if the pool grows large enough to make up 51% or more of the total number of network users, it will be able to check mass transactions at double cost or refuse to mass check real transactions, effectively destroying trust in the network. While the system has built-in more incentives to legally extract bitcoin than to destroy it by fraud, a 51% threat poses a risk to such a decentralized system. To date, mining pools have taken a responsible approach to this issue and have taken voluntary measures to limit the formation of monopolies, because it is in everyone’s interest to maintain a stable system that can be trusted.

So … despite this risk, does the Bank of England like something that seems to deprive them of their business?

BoE not only looks at payments in bitcoins and digital currency, but also provides ways how a blockchain can make existing financial products and platforms more efficient and add value to them. You only need to look at existing financial assets, such as stocks, loans or derivatives, which are already digitized but placed in centralized networks to assess the capabilities that exist in a person by removing the intermediary …

… and become your own stock broker. Colored coins are a project that aims to allow anyone to turn any of their assets or property into something that can be traded. Think “Antiques Road Show.” I like this show, especially when the little darling discovers that she is using a 14,000-century Ming Ming dish worth £ 200,000 to keep the fruit on the buffet. Colored coins allow the owner of a dish (either their car or home) to have one or more of their bitcoins representing part or all of the value of their asset so that they can trade in exchange for other goods and services, a single bitcoin holding a value of £ 200,000 , or they issue 200 coins, each worth £ 1,000.

Similarly, businesses can issue shares represented by digital currency directly to the public, which can then trade without the need for an expensive IPO or traditional exchange, and shareholders can vote using a secure system similar to how transaction notifications are generated. Patrick Byrne, CEO of one of the largest U.S. retailers, which has become the 1st major retailer to accept international bitcoin payments, is currently exploring plans to create such an exchange that operates on a blockchain basis, and he hopes undo topical issues such as “offensive bare short selling” when traders can sell stocks that don’t belong to them, which lowers stock prices and which has been felt to have contributed to the fall of Lehman Brothers.

Asset digitization could also revolutionize the crowdfunding industry. Kickstarter is an example of a platform that facilitates product financing through micropayments from stakeholders, often in exchange for small memos after the project is completed, such as signed goods or a copy of one of the first products released. For example, investors can more easily digitize an asset and issue shares in it, as well as all future profits.

And if we talk about crowdfunding … Vitalik Buterin recently raised 15 million pounds to finance his project Ethereum, which, in his opinion, will represent the future of the block network. The project supports a variety of programming languages ​​to allow developers to create online products and services, such as social networks, search engines and chat forums, as an alternative to those run by corporations such as Google, Facebook and Twitter. “You can write anything you can write on a server, and post it on a blockchain,” Buterin Wired said. “Instead of Javascript making calls to the server, you would be making calls to the blockchain.” Currently, a community of 200 users is creating voting programs, domain name registrars, crowd-sourcing platforms and computer games to run on Ethereum, “broadcasts” that are extracted with the support of the platform by volunteers needed to do so.

The potential of the block network will improve the way we communicate, bank management, manage our assets, etc. Huge and limited only by the imagination of people like Vitalik Buterin and the Ethereum community, and the willingness of current institutions to change.

OK Guys and Gals, Why Rnetwork?

Well, in a nutshell, yes, for the first time in banking history you could make money while you sleep!

Our bank will share their merchant payments with its customers, giving you a portion of their fees when others spend on their debit card.

It doesn’t matter where or when they use it and what they buy. Imagine being paid every time they use a debit card or use Apple Pay right from the app or else …

That’s right, and not just when shopping for your team and your entire organization, but ALSO about the free bank customers you have in mind if they want to be just bank customers, not affiliates …

However, if you become a member of a charter fund, you will be able to earn not only on your teams, but also on their teams, as well as on your free clients and so on and so forth, and earn on free clients of your free client …

The ability to earn 100, maybe thousands of times a day is real, as we all largely use our debit cards for groceries, bills, gas, food, breakfast, etc., and you also instantly save on purchases at the POS (point of sale) ) if you spend more than 300,000 seats on your debit card.

Do you see now why so many news feeds have stops with a welcome shout?

His life is changing and it has never been done before. We not only attack 2 major industries (MLM and banking), we are fully compliant and located in more than 82+ countries!

Do you want residual income to change your life? https://rnetwork.io/30539765

We are also on our way to launching rPay on November 30, 2019!

This thing is just getting better and better !!

THE FIRST integrated international payment system that allows charter participants to withdraw money anywhere in the world directly from your back office without the need for a wallet, prepaid card and in many cases without a bank account!

This is the main stem. Join today !! Don’t sleep on it, friends! Seriously …


Donald Gow

PS – Register in the member’s charter and take 3 new members of the charter, and you will automatically get the right to participate in the Broad Bonus Pool of the company. Imagine only 3 registrations and you are hit by the Global Bonus Fund. Oh … even though we are in launch mode until January, I get paid Rnetwork every month! This is NOT your typical opportunity! https://rnetwork.io/30539765

Seven Cures for a Lean Purse

1. Make your wallet – or your wallet thicker.

This does not mean filling out receipts for all items you have purchased with a credit card. That means fill your wallet with money. And the best way to do that is to spend less than you earn. This treatment follows from the first gold law we reviewed last week: we aim to save 10% of your income. At least. Save more than you can. Save for the long term, on collateral or retirement, depending on where you are in life. If you need to save on short and medium term things like vacation or car, this should be an addition to the 10% + that you save for your long term needs.

Your 10% may include your pension contributions, ISAs, premium bonds or any high interest / restricted savings accounts. With compound interest your wallet will become very plump over the coming months and years, even if interest rates remain low.

2. Control your expenses.

If you are going to save at least 10% of your income in the long run, you need to make sure that your current expenses are no more than 90% of your income. This means that wherever you are on the income scale, you will need to apply some self-discipline when it comes to treating yourself and loved ones.

For starters, keep your credit cards for emergency use only, and if you use them, repay them before you start accruing interest. Similarly, avoid taking loans unless you can justify the interest you will eventually pay for this privilege. A car purchased under one of the popular leasing schemes can be justified if it is necessary for your work or business. But a vacation loan? Staying would be the best choice. Learn to distinguish between desires and needs. A roof over your head and food on the table – needs; month in the Maldives – a wish. Entertain yourself so if you save 10% of income for a year or two and be able to afford to fly to paradise without immersing yourself in these savings.

The secret to controlling spending is to create a budget and then stick to it. If you have Microsoft Excel, you can download a template to help you track expenses for a week or a month. You can also find ready-made templates online or in phone apps. Determine how much you spend on mortgages, rent, travel to work, etc., and set yourself limits on items such as food, entertainment, travel, etc. This will help you keep below 90% of your income.

3. Make your money multiply.

You are looking for a stable return in the long run, not winning the lottery. You need to constantly increase your capital, your core wealth, such as compound interest from an ISA or savings account, or – more risky – dividends from shares you have in managed companies, including your employer, if they have an equity scheme. property of employees. If you are not an expert in financial products and investment funds, find someone who is. Don’t make any commitments until you talk to a professional financial advisor. Explain what your investment goals are and ask them to help you develop a plan to implement them.

4. Protect yourself from losses.

An impressive nightmare, when you see your dreams of wealth turn to dust when bitcoin collapses or the guy you met at the pub the other night disappears along with your savings. One way to avoid losses is to make it an inviolable rule not to touch the basic wealth that you save and invest for a long time. Keep around this steel ring! If you are tempted to try your luck in bitcoin or currency trading, use only the money you can afford to lose. That means any money left over after you’ve saved 10%, paid your bills and stuffed your stomach. The money you could spend on night outs can be transferred to online bookmakers if you can pay for it – see The second treatment is above. Under no circumstances use a credit card or loan to spread bets, gambling or any risk investments. Before engaging in high-risk investments or betting, make sure you have thoroughly researched the industry and understand what you are getting into. If online poker is your dream, practice with your teammates first.

5. Make your home a profitable investment.

Owning your own home (and ideally a few people buy real estate) has become an obsession over the last thirty to forty years. Given how real estate prices have increased during this time, it is logical to get on the property ladder as soon as possible, especially if house prices are rising much faster than income.

However, be aware that at some point the bubble may burst. Yes, people have been talking about it for years, and it hasn’t happened yet. But it is increasingly likely that the authorities will take steps to release some air from the real estate market. Potential measures include reassessing the level of property taxation and penalty purchase taxes to keep real estate and real estate empty. Significant house growth is unlikely in itself to have a major impact on house prices, but combined with potential tax changes we may notice that prices reach a plateau and remain there for some time.

Given all this, the best approach would be to find an inexpensive house or apartment in the area where you would like to live in the foreseeable future, given things like local amenities, schools and commuting. Think also about the benefits of paying off a mortgage and gradually acquiring the common property (rent and free use) of your home for 25 or 30 years, compared to having a landlord who can increase the rent or evict you in a month, and who still will own a roof over your head despite all the £ 000 you put in his or her pocket.

If you can’t afford to shop in the area where you want to live or work, consider options such as joint ownership and self-development. Check what schemes are available in the area where you want to live.

If you already own your own home, you can use it to earn extra income by taking a tenant. If you live in a big city, a good source of guests are contractors – professional people working on a local project who need to find a place for a few months and don’t want to use hotels. Often they go home for the weekend so you have a place for yourself. Another option is to accept exchange students. They usually come for a week or two. You provide them with a bed, breakfast, a hearty lunch and dinner and get paid for it. Another option is to use the holiday home while on vacation. This works especially well if you live in a big city or historic city.

Even if you are renting a home, take a tenant (if your landlord allows it) or run a home business (see below). You can still make your home a source of extra income, even if you don’t have it.

There are two more things to consider. First, home and content insurance. Make sure you have adequate protection against the worst that can happen: fire, flood, theft. Second, if you have a mortgage, look at how to insure it against unemployment and illness. Take the advice and make sure any rules you make fit the goal and will be paid when the worst happens.

6. Develop future income.

Who wouldn’t want to wake up in the morning knowing that no matter what happens, they’re confident of a steady income for eternity? Well, you can achieve this through your long-term savings of 10% +, which you invest month after month, year after year.

When you talk to your financial advisor (as needed!) About your savings and investment goals, the first two issues you should focus on are retirement for you (and your partner, if any) and providing for your family if you are no more, that is life insurance. A financial advisor should also direct you to other investments that can bring extra income for you and your family, such as ISAs, mutual trusts and government bonds.

Your goal is to provide a decent income for a long old age. Remember, people live longer, but not always healthier. It’s unpleasant, I know, but think of the worst that can happen to you (if not an early death). You or your partner is chronically ill or disabled and need long-term care. How will you finance it? If you sell a house, leave it to the children. This issue needs to be discussed with the financial advisor. You need a pension as well as other income streams that will pay for all your needs, perhaps thirty to forty years after you stop working. Develop a plan, implement it, and then continue to enjoy life.

7. Increase your ability to earn.

Lifelong work no longer exists. Nowadays, even such professional professions as lawyer, accountant and insurance insurer are threatened by automation and deterioration of work. So it makes sense to develop additional skills that you can take advantage of if you find yourself without work.

If you think you are in danger of being replaced by a robot, you should look very closely at “securing the future” of your career. Think of jobs that are unlikely to be automated or unofficial in the future. Typically, they involve face-to-face contact, such as adjunctive therapy, hairdresser-nail master, personal trainer, life coach, counselor. In addition, work where a local presence is needed: electrician, plumber, locksmith, craftsman.

Of course, many of these jobs are relatively low-paid and are in highly competitive sectors. This means you need to find a unique selling point: you do what no one does, or no one does as well as you. Focus on what you sincerely care about – or better yet – admire – and what you know you can be brilliant. Be realistic about the potential profits, competition and the time and energy required to run it. If you no longer have experience in your chosen field, you will need to devote a lot of time, and possibly money, to acquiring the necessary skills and certifications. You will also need to decide how you will work: sole proprietor, limited liability company, franchise? Take the advice before you do anything.

A popular option for earning extra income is online sales. Even if you work full time and are happy with your income, you can try it in your spare time and understand what is at stake here. Regular fuss will reveal a variety of things you can sell: clothes, DVDs, cell phones, unwanted gifts. If you enjoy selling online, you can grow a successful business without risking your core capital.