With the number of new car models and deals coming out, it is more tempting than ever to make a purchase on vehicles that one cannot afford. Even if one has enough cash to splurge on a new model, it is rarely ever worth it. As most of us know, as soon as you drive a newly purchased car off the parking lot of the sales showroom, it drops in value. This, in addition to other costs of owning a car, raises several questions on just how costly it can be to own a car. Read More
Cryptocurrency loans are changing the way we think of lending. No longer does one have to worry about absurdly high-interest rates or blatantly unfair lending practices that stink of covert coercion. Now, with the power of cryptocurrency lending, you can reap the benefits of low-cost and customer-focused decentralized lending. Read More
Casual as well as serious investors who follow Ripple have plenty of news to catch up on this week. Not only has there been relevant price action for XRP, but a new U.S. government ruling is set to have a significant impact on the entire economic environment for the popular cyber-currency. Here’s a quick look at the general scenario for Ripple’s coin, the latest price movements and an important legal issue that could change things for anyone with a stake in the crypto-currency issued by Ripple.
Cryptocurrencies have served where fiat has failed. Cryptocurrencies have provided faster, cheaper, and more secure modes of value transfer for individuals and organizations alike. A mother in Uganda may receive remittance payments from her son in Chicago, USA in mere seconds at historically low fees. A man in Zimbabwe ensures his life savings were not corroded by record-breaking inflationary pressure. His family will eat tonight. His daughter will have her school fees paid. Cryptocurrencies have saved lives, remodeled systems, and redefined humanity in ways the world will never forget. Read More
Apart from buying cryptocurrency, there aren’t a lot of other ways to make money from cryptocurrency. Cryptocurrency mining, while lucrative for many, has many costs and risks associated with it that makes harder for new entrants into the cryptocurrency mining sector to make money from. Miners who pay the lowest amounts in electricity pay only about $0.03 per kWh. Miners in Washington State and parts of the European Alps are able to achieve such low costs through hydropower and other alternative sources of power. Operations in the Alps use natural cool air to cool their miners. Are there other ways to make money learning about cryptocurrencies?