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Phoenix Takes The Risk And Volatility Out Of Cryptocurrencies

One of the main problems with investing in cryptocurrencies is the risk thanks to the volatility of the price. When we take virtual currencies, such as Bitcoin, in this year alone we have seen huge dips in price over a short amount of time, which leaves people feeling nervous about investing. But, there might be an answer to this, which removes this volatility, therefore making investment into cryptocurrencies far less risky. The answer comes in the form of Phoenix, a decentralised autonomous organisation, which has been based on  blockchain technology and offers a completely transparent financial algorithm. Customers are already...

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Ukraine Shipping Company Now Accepts Bitcoin

The latest company to begin accepting Bitcoin as a payment, is a Ukrainian shipping company Varamar Ltd., with suggestions that other companies will be following suit. They are currently in negotiations with clients regarding the first Bitcoin payment; however, the founder, Alexander Varvarenko believes that this will bring a lot of advantages to the company. He said; “Paperwork for transactions is a complicated issue with banks, and Bitcoin payments will help solve that by being faster. It could also help solve payment problems in countries like Pakistan, Russia, Sudan, Yemen and Qatar, which have safe companies but are victims of...

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Cryptocurrency, The Carbon Powered Coins

In the bubble of dispute and uncertainty that floats around cryptocurrency in recent times, little is said about the impact the mining and production of cryptocurrency is having on the environment. The production of mining cryptocurrency is quite perplexing, but the premise of it can be described quite simply, take Bitcoin for example, users who wish to mine for Bitcoin must solve puzzles. The puzzles, are part of a network of pending Bitcoin transactions that are verified through the solution of these puzzles, in return, the user is paid a transaction fee through which new Bitcoins are generated. Often, these...

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Sam Seder Talks About How Bitcoin Was Built On A Far-right Mentality

Sam Seder has used his well-known radio show 'The Majority Report' to look into the possible far-right ethos behind Bitcoin. In a phone interview with prominent author David Golumbia, the two men discussed the underlying principles behind Bitcoin and also the criticism its followers aim at the US Federal Reserve. Bitcoin not as value neutral as many think When Bitcoin was originally founded, its lack of central regulation and apparent openness led to many of its followers claiming it to be less political than traditional hard currencies such as the US Dollar. In his show Seder dispelled this myth and...

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Who Can You Really Trust In This Wild And Virtually Unregulated World of Cryptocurrency?

tl;dr Think for yourself. Question authority. Who are the players in the crypto world anyway? We have those who have founded their coins and wish its success on the market. We have the investors of the Coins via ICO. We have the markets or exchanges that sell the coins for either cash or trades of other cryptocurrencies. We have the “whales” or big-time HODLers. We have the evangelists and the shills. Then we have the rest of us. WTF? So many hands in the pot, and who can I trust? The folks who have founded their cryptos have a clear...

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