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“It’s Your Own Fault” If You Are Not A Millionaire In The Next Decade

A German teen has claimed that we only have ourselves to blame if we are not millionaires within ten years. Erik Finman, who is 19 made the bold statement, after he found himself well off after investing some money into cryptocurrencies. Finman was given one thousand Euros from his grandmother, and he chose to invest them in Bitcoin. That decision paid off and he now has approximately $1.5million in the virtual currency. He showed his age though in a recent interview, when he gave this answer, when asked whether it was easy for the average person to replicate his success;...

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Hong Kong’s Crypto Safety Campaign

Authorities in Hong Kong are planning on carrying out a public enlightenment exercise, which has been specifically aimed at informing residents of Hong Kong of the risks involved when investing in cryptocurrencies and ICO’s. Trading and investing in anything has risks associated with it, which is why two of the leading and most influential financial authorities in Hong Kong; the Financial Services and Treasury Bureau, and the Investor Education Centre; have taken it upon themselves to teach the country all of the ins and outs of cryptocurrency trading, and participation in Initial Coin Offerings. The chairman of the IEC, Dr....

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These Companies Accept Cryptocurrency

Most people think of cryptocurrency in terms of a purely virtual, digital commodity, not accepted widely in the mainstream. However, you may be surprised to find out that there are more and more major companies willing to deal in digital currencies. Here are some of the more famous ones, and how they are currently dealing with cryptocurrency. Subway Subway is now accepting Bitcoin in exchange for meal items, although only at certain franchise stores. A foot-long sub costs approximately 0.006BTC. PayPal It makes sense that PayPal, a purely digital bank, would be happy with digital currency. Indeed, they were one...

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As An Asset, Bitcoin Is As Good As Gold

No cryptocurrency has seen as much scrutiny as Bitcoin. Despite it being the number one cryptocurrency in both popularity and market capital, there are still some investors who simply do not trust it as a currency. Many companies, who used to support Bitcoin are dwindling, and it is beginning to look less and less like a viable currency everyday. One of these companies is Stripe.  Although they boasted about the fact that they were one of the first companies to accept and support Bitcoin payments, snags in the blockchain technology, such as lengthy transactions times and the volatile price, they...

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Cryptocurrency Hackers Can Make $100 Million A Year

The online world can provide criminals with the perfect safe haven to commit fraud, with hackers now able to make as much as $100 million by stealing from innocent people. This frightening new form of digital theft involves hacking into people's smartphones and PCs and then installing malware on the device. The hackers then use this malware to mine a cryptocurrency called Monero, a digital currency designed to protect the identity of its owner, which evidently has its flaws. On the internet, digital thieves are protected not only from any direct and immediate repercussions from their victim, but also from...

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