Finance and Cryptocurrency

THE FUTURE OF CRYPTOCURRENCY In my last post, I discussed cryptocurrency and it’s advantages and disadvantages. Today I’ll be giving a subjective overview of the future of cryptocurrency. The future of cryptocurrency is quite unpredictable and it depends on whether people continue to be positively receptive to it. As long as people continue to believe in the immense benefits of cryptocurrency, I believe it’s prospects are numerous and unending. Also, cryptocurrency has become, to a large extent, an integral layer of our societal existence. Cryptocurrency enabled the decentralization of the major banks and finance as a whole. It put money back, to a large extent, in the hands of the masses. It also created more millionaires. Therefore, the keyword is “Faith”. If people continue to have faith in it, it will soar on and on. Realistically, there be declines (massive declines) or gargantuan drop in the value of cryptocurrency but it will also have it’s skyrocketing moments, which has been...

Welcome CRYPTO CURRENCY Today, we’ll be discussing, briefly, cryptocurrency. We’ll try to understand in a layman’s terms the basic details that encapsulates cryptocurrency. What is cryptocurrency? Cryptocurrency is digital or virtual money. That means there’s no physical coin or bill — it’s all online. You can transfer cryptocurrency to someone online without a go-between, like a bank. Bitcoin and Ether are well-known cryptocurrencies, but new cryptocurrencies continue to be created(Consumer Information, 2018). In simple, basic language that’s the definition of cryptocurrency. So as you can see it isn’t rocket science. Though, there are aspects to it they are complicated (we’ll get to that). Cryptocurrencies work using a technology called blockchain. Blockchain is a decentralized technology spread across many computers that manages and records transactions. Part of the appeal of this technology is its security.(NerdWallet, 2021). The blockchain is a complex procedure on it’s own a...

Welcome Some Financial Rules I Wished I learnt in my Teens Hello viewers, welcome to my blog. Personally, I ’ m not yet a money mogul and titan but I hope that as we learn together, the principles of money making, we ’ ll get to upgrade our financial status and uplift the lives of our families and our countries as a whole. Growing up, I lacked and maybe ignored some Financial skills and   knowledge that might have helped improve my life. Even though I had little opportunities to make, I guess if was financially exposed, that knowledge might have helped me in my twenties when I made some significant amount of money for a very brief period of time. Without wasting any time, let ’ s delve into those financial rules, skills and knowledge I wished I had practiced and learnt. 1:   I wished I understood more definitely and realistically, the truth i.e. life isn ’ t a bed of roses. As simple and ubiquitous as that sound, that is a fundamental truth that many might think they u...

Welcome Pi Network: The Next Bitcoin???(Part 1) Welcome to my blog. This is the first post on this blog. Today, we ’ ll be discussing the pi network and it ’ s potential of being the next Bitcoin. I will be giving a brief overview and highly encourage you to do your own personal research. Basically, pi network is a digital or virtual currency created by some Stanford graduates. It was created to be supplementary to Bitcoin. Personally, its hard imagining another digital currency overtaking bitcoin but I believe Pi network can do that. I ’ m on the pi network and I ’ ve been mining coins and as such I can   give an unbiased view of the network. Pi network has some advantages over Bitcoin and they include: 1:   it is mobile friendly. It ’ s mobile usability is top notch. Download the ap and use the link, "ElliotToju1" as your referral code. 2: it doesn ’ t consume electricity, or drain one ’ s battery unlike bitcoin. 3: You can mine pi virtual coins on your phone ...