Iveta Pařízková

15 March, 2023

How Crypto Payments are Changing the Dynamics of The Towing Business

in Cryptocurrency

Towing business like Santa Clara towing has long been a staple of the automotive industry. When vehicles break down or get into accidents, tow trucks come to the rescue, providing a much-needed service for drivers in distress. However, the traditional payment methods in the towing business have been plagued with issues such as delayed payments, chargebacks, and high transaction fees. That is where crypto payments come in. In this article, we will explore how crypto payments are changing the dynamics of the towing business.

The Use of Cryptocurrencies in the Towing Business

Cryptocurrencies such as Bitcoin, Ethereum, and Litecoin have been gaining widespread adoption over the past few years. These digital assets provide a fast, secure, and cost-effective means of payment. By utilizing blockchain technology, crypto payments eliminate the need for intermediaries such as banks or payment processors, making transactions faster and more efficient.

Advantages of using cryptocurrencies

One of the key advantages of crypto payments in the towing business is the elimination of chargebacks. Chargebacks occur when a customer disputes a charge with their bank or credit card company, leading to a refund of the payment. Chargebacks can be a headache for tow truck companies, as they can lead to delayed payments and loss of revenue. With crypto payments, chargebacks are virtually impossible due to the immutable nature of blockchain technology.
Another advantage of crypto payments is the lower transaction fees compared to traditional payment methods. Traditional payment processors charge transaction fees ranging from 2% to 5%, which can add up quickly for businesses that process a large volume of transactions. With crypto payments, the transaction fees are significantly lower, typically ranging from 0.5% to 1%.
Crypto payments also provide a faster means of payment. Traditional payment methods such as credit cards can take several days to process, leading to delayed payments for tow truck companies. With crypto payments, transactions are processed in a matter of minutes, allowing for faster and more efficient payment processing.

The adoption of crypto payments in the towing business is still in its early stages, but the potential benefits are clear. By adopting crypto payments, tow truck companies can reduce transaction fees, eliminate chargebacks, and provide a faster means of payment. This can lead to improved cash flow, increased revenue, and a better customer experience.

Conclusion: The Use of Blockchain Technology in the Towing Business

In conclusion, crypto payments are changing the dynamics of the towing business. By utilizing blockchain technology, crypto payments provide a fast, secure, and cost-effective means of payment, eliminating the need for intermediaries such as banks or payment processors. With the potential benefits of reduced transaction fees, elimination of chargebacks, and faster payment processing, tow truck companies can improve their cash flow, increase revenue, and provide a better customer experience.

5 February, 2023

Financing a Car: Understanding Your Options and Finding the Best Deal

by Iveta Pařízková

in Financing, Investments

What is Car Financing and What Options are Available?

Car financing is an important option for many people when it comes to purchasing a vehicle. It allows individuals to purchase a car without having to pay the full cost upfront. There are several different types of car financing available, each with its own advantages and disadvantages. Read more about how to finance a car with National loans.

Car Loans – Types of Car Financing

Vehicle loans are the most common type of car financing. A vehicle loan is a form of borrowing money from a lender to purchase a vehicle that must be paid back with interest over time through monthly payments, or in some cases, an up-front lump sum. Vehicle loans can come in many different varieties including fixed rate and variable rate loans.

The fixed-rate vehicle loan is usually for a specific term such as five years or 10 years and requires the customer to make only one monthly payment per year at the beginning of each 12 months. This allows individuals with a fixed-rate loan to pay a lower interest rate than if they were on a variable-rate loan. The borrower also has more time to repay the car loan in case they lose their job or have an economic downturn.
A variable-rate vehicle loan is characterized as having a higher interest rate, but it allows the borrower to make monthly payments with any variation in terms of amount and due dates; this makes it easier for people without a steady income and those who might want to buy or sell their vehicles during the term of a fixed-rate car loan.

What are the best features of a car loan? The main benefits of a car loan include the ability to make payments on time, have flexible terms and rates, and avoid selling or trading in your vehicle if you don’t need to. The best loan terms are competitive (meaning you can get a low interest rate) and have flexible terms, such as “no-closing costs.” On the other hand, a poor loan term might have high interest rates or closing costs that inflate your monthly payments. Closing costs include fees for credit reports, title work, registration fees, and any other service that is related to your vehicle purchase.

How to Calculate Your Budget & Determine the Type of Loan That You Need

When it comes to calculating your budget and determining the type of loan that you need, there are many factors to consider. By using a budget calculator or car finance calculator, you can get an estimate of how much you can afford for a car loan. Additionally, an auto loan calculator or car payment estimator can help you determine the best loan option for your specific situation. With this information in hand, you can make informed decisions about your finances and find the right loan for your needs.

Investors understand how their budget works that’s why they diversify their investments. Their portfolio includes investments in real estate and different types of assets like cryptocurrencies. Life insurance is also another investment that can’t go wrong. These investments can help build your credit score and qualify you for an easy car financing program.

13 October, 2022

Cryptocurrency Is Changing The Real Estate Market

by Iveta Pařízková

in Cryptocurrency

Blockchain technology and cryptocurrencies have the potential to become key technologies in the real estate market. Blockchains enable faster and more secure transaction processes and more accurate in selling a house.

Blockchain technology and cryptocurrencies are having a growing influence on various industries and in everyday lives.

“Tokenization” of real estate

A blockchain is a type of decentralized booking system in which every user who is part of this blockchain system can view the whole database with all information excerpts or chains from it. The data stored in a blockchain and instantly encrypted is available to every network participant and must match the data copies of other participants. Consequent manipulation of data, balance sheets, and ratings is almost impossible. In addition, data recovery is easy since you can retrieve the entire transaction history from any network node.

Crypto technology allows sellers to “tokenize” individual parts of the property or to sell a house as a whole. Therefore, numerous people can obtain digital shares in real estate. Each of these people becomes a co-owner of the property by possessing the tokens. The seller could make liquidity from his property as needed.

The buyers can resell the tokens successfully at any time, for instance after a rise the prices of in real estate. This way, the blockchain lowers also the obstacles for real estate investments by a wider audience. This is precisely what many blockchain platforms and trade apps in the real estate business are based on. Also, financing in real estate is becoming more easily accessible and transparent for small investors.

More accurate property valuations and forecasts

In contrast, decentralized blockchain technology permits current market information and comprehensive availability of large amounts of data. Immense amounts of information like demand trends, location-related rental and purchase prices, and comparative data are already available into the process for online property valuation.

More and more companies are opening up to digital currencies as a means of payment. In addition to buying with cryptocurrencies, blockchain technology also allows interested parties and real estate companies to have more transparency and security.

Brokers will be able to survive on the market in the future. Soon, technological financial knowledge will also play a significant role in the brokerage profession.

6 October, 2022

Money Tool: How To Properly Protect Your Crypto

by Iveta Pařízková

in Cryptocurrency

The success of cryptocurrencies such as Bitcoin and others also attracts scammers. However, there are some tips on how you can protect your cryptocurrencies. With an intensive tool, you can manage your finances and track your investments.

Money Patrol: Tips on how to keep crypto assets safe

Manage your cryptocurrency yourself

There is an iron rule in the crypto industry. It reads: “Not your Keys, Not Your Coins”. This means that cryptocurrencies are usually stored in a digital purse. To do this, you create an account with such a wallet and then receive the so-called private keys.

Use a hardware wallet

One of the best and most effective protections for cryptocurrencies like Bitcoin or Ethereum is to use a hardware wallet. This is a small device that stores the aforementioned private keys in a way that makes it almost impossible for hackers to access them. This is exactly the advantage over conventional software wallets. Whenever you use them to send Bitcoin or Ethereum, for example, there is a possible attack vector where hackers can get to the coins.

Keep the key and seed safe

The following applies to both software and hardware wallets. In addition to the keys, they generate a so-called “seed phrase”. This is a string of 12 or 24 words that “restores” the wallet. Strictly speaking, cryptocurrencies are never “in” a wallet, but always on the blockchain. The wallet whether hardware or software only allows access to these coins. If, for example, the hardware wallet is lost or damaged, the cryptocurrencies remain unaffected. The configuration of the device and thus access to the coins can be restored with the seed phrase.

Use bookmarks for crypto websites

Again and again, scammers create clones of well-known crypto websites that are almost indistinguishable from the originals. The URL often looks same. At times, the cybercriminals even manage to attain a high Google ranking or the offenders promote their “services” using an ad.

It can happen when a user is searching for a precise crypto exchange and the result is a fake plagiarism. There he then unintentionally enters his login data for the Exchange and falls into the trap. However, this can easily be prevented by checking the Internet address carefully in advance and then creating a bookmark for the respective page. You can do this for all crypto offerings.

23 September, 2022

Crypto In Towing Business: What You Need To Know

by Iveta Pařízková

in Cryptocurrency

Businesses today are accepting cryptocurrency as a mode of payment. Cryptocurrencies are essential since they hold the prospective to transform how you transact with the digital world.

Why are towing companies dealing with Bitcoin?

There are several motivations as to why san jose towing companies might get involved with Bitcoin.

Customers want to pay for your products or services in bitcoin.
Businesses have suppliers or remote workers in other countries where traditional bank transfers are expensive and cumbersome.
Companies have high cash reserves and are looking for a way to avoid negative interest on the bank account.
Companies with high cash reserves are looking for ways to diversify and hedge against a potential spike in inflation.

What are the advantages of bitcoin for towing businesses?

Bitcoin offers businesses the following benefits.

No Payment Fees

Credit card transactions cost 2-4%, Bitcoin 0.-1%. This can have an enormous positive effect on cash flow, especially in business areas with thin margins.

Instant Bitcoin transfers

One of the most frustrating aspects of the traditional banking system is the long payment times. This applies in particular to payments to and from abroad, where transactions are often cleared by several correspondent banks. This process is time consuming and expensive.

Worldwide acceptance thanks to the Bitcoin network

Companies are increasingly operating globally. Bitcoin is recognized and accepted worldwide.

Pioneering role and new customer segments

The Bitcoin community is a tight-knit community. If you announce that you will accept Bitcoin as a payment method, it will definitely get noticed.
You are addressing new customer segments with the offer: Technology-savvy millennials, but also for the numerous and fast-growing start-ups, your towing products and services can become more attractive with the acceptance of Bitcoin as a means of payment.
Existing customers and partners perceive them as innovative.

No more charge-backs and credit card disputes

When a customer disputes a credit card charge, it often entails a month-long gauntlet of uncertain outcomes to prove to the payment processor that the charge was legitimate. Smaller companies, especially in the software sector, often do without it, leaving money behind. If you are paid in Bitcoin, they are irrevocably yours as soon as they are booked.

17 September, 2022

Understanding the Cryptocurrency Market with the Right Method

by Iveta Pařízková

in Cryptocurrency, Investments

There are many ways to invest your money, but only very few have a reasonably reasonable return. Investors want to build up a fortune with their hard-earned money or create a second financial source of income. While many startups are still finding the way to success, there are already many who have found the necessary knowledge and support to become successful. With sufficient knowledge and support, any start-up can find the right method to make cryptocurrency trading an alternative to classic forms of investment.

Cryptocurrencies and trading coins

For many consumers, cryptocurrencies are still a mystery because there is a veritable flood of information about the tradable coins, the right time to buy and sell, and common strategies. Access to this information has not always arisen from the motivation of successful trading: publicizing coins or increasing the reach of trading platforms are also represented interests. A certain understanding of the market is necessary to see through such advertising measures.

Since the first bitcoin was mined in 2009, the digital currency has had a performance that many did not expect, which brought it a record value of almost 69,000 US dollars in autumn 2021. Companies that focus on cryptocurrencies want to help to get a better understanding of the market before diving into bitcoin trading (https://bitcoin360ai.com/de/). “There is a veritable flood of information on the subject of cryptocurrencies on the Internet. It is important to explain to private investors which information is really important and which is not. Of course, this requires empirical values that we pass on to our customers.” It’s all about understanding and knowing exactly what the next steps are in crypto trading. Customers should be able to do without classic day trading, constant observation, and without “FOMO”.

Understanding the Cryptocurrency Market: 3 steps to success

With three simple steps, the basic pillars of success, so to speak, users no longer have to worry about the effects of high inflation. Business people, from beginners to crypto trading veterans, are guided to comprehensive specialist knowledge in the coaching that builds on one another.

The first step in crypto trading before the actual investment is to find the coins that have the greatest potential. You have to create a template that enables you to make a well-founded and rational decision. Ultimately, it’s about proceeding systematically, not based on gut feeling.
An important aspect when trading cryptocurrencies is of course the time of purchase or sale. In thematic training courses, you receive the necessary tools in the form of technical chart analyses. Without being overwhelmed by tools or indicators, you can achieve regular income, regardless of the current situation in the crypto market.
The third important step you have to take in order to earn additional dividends on profits already generated is the use of farming or lending (so-called yield farming) or staking (the creation of new blocks in the blockchain). With their help, you ensure that your own capital does not just work once, but rather continuously. In this way, inflation becomes less of fright and one can look to the future with peace of mind.

These three steps form the common thread through the advice and ensure that the customer can benefit from the cryptocurrency market through planning and in-depth knowledge. So that the cooperation can actually be fruitful, every application submitted is analyzed by the team and, with the help of a short telephone call, it is determined whether cooperation can be beneficial for the interested party.

19 August, 2022

Cabinets And Crypto Investing Tricks And Tips

by Iveta Pařízková

in Cryptocurrency

If you intend to invest in business and Bitcoin, you probably have many questions about this cryptocurrency. The goal is not to lose your hard-earned money when investing in digital currency and RTA cabinets business.

Helpful tricks and tips when investing in cryptocurrency and cabinets business

Use the right crypto exchange

Crypto exchanges are some of the best places to get bitcoin. These are platforms that allow us to buy bitcoin with fiat money. You can also sell bitcoin on a crypto exchange. Currently, the internet is flooded with cryptocurrency exchanges. Each platform claims to offer the best prices and services.

So, before you start investing in Bitcoin, you should do your due diligence. Choose a cryptocurrency exchange with a solid reputation for providing quality services and the best prices. Also, choose a platform that gives you the information and tools you need to get the most out of your investment.

Follow reputable bitcoin news sources

A lot is said and written about Bitcoin. Of course there are also opposing views about this cryptocurrency. You should therefore use and analyze all sources of information. Bitcoin is a fad for some people. Others think investors who choose Bitcoin will end up disappointed.

However, many are optimistic about Bitcoin. They believe that investing in this cryptocurrency will bring lucrative returns in the future. Therefore, take the time to absorb and analyze information from all sources. Follow your instincts, but don’t let emotions control your investment decisions.

Be prepared for bitcoin price fluctuations

Like other digital currencies, the Bitcoin price is volatile. This is because cryptocurrencies are not yet standard stable currencies. However, the increasing acceptance and usage of Bitcoin in different parts of the world is slowly stabilizing the price of this cryptocurrency. Still, it would help if you prepare for the volatility of this digital currency.

Acquire different investment strategies

There are many strategies to invest in Bitcoin. These strategies mainly represent different ways to invest in this cryptocurrency.

Take the time to study these bitcoin investment strategies to understand how they work. Then choose an investment strategy that will help you achieve your investment goals.

Be vigilant

No one can overemphasize the importance of vigilance. To own or trade large amounts of bitcoin, you should be careful to protect your investment from vulnerabilities and risks. Therefore, learn to handle your investment responsibly.

Investing in Bitcoin takes time to understand how the crypto market works. Also, be careful and vigilant so you don’t lose your investment in crypto and your business. With an effective strategy, you can reap good returns on your investment.

8 August, 2022

Investments: Crypto, Stocks, or Bonds

by Iveta Pařízková

in Investments

Should you invest in Crypto Currencies, Stocks, or Bonds? With the recent cryptocurrency craze, many people are wondering if they should buy and sell these digital currencies or invest in stocks. While stocks offer more stability and less volatility, cryptocurrencies offer an opportunity to make a lot of money fast.

Read more about crypto investments here – Bitcoin Crypto: What Investors Should Consider

In this post, let’s look at a more stable and less volatile investment – Stocks and Bonds. Not only newbies to the stock market are concerned with the question of the ratio of shares and bonds in the personal portfolio, but of course also the professionals. However, this matter can only be answered individually.

A mix of bonds and shares minimizes the risk
The low-interest phase makes bonds unattractive
Investors with an affinity for risk can invest 100 percent in shares

Stocks, but also bonds (especially those listed on top bonds 2022), offer investors the opportunity to invest directly in a single company or issuer. However, there are very different opportunities and risks for the investor, which must be considered before making an investment.

The basic difference between bonds…

A bond, regardless of whether it is a corporate or government bond, represents a debenture with which the respective issuer collects debt capital from its investors. For this capital, the buyer or the creditor receives a fixed interest rate, which is usually paid out annually. In addition to this annual interest rate, the lender receives the full amount invested at the end of the bond’s term, provided that the respective state or company is not insolvent.

With the help of a bond, an issuer procures debt capital, which, in contrast to the purchase of shares, makes the investor merely a creditor and not just a partial owner.

… and stocks

In contrast, the buyer of a share becomes a co-owner of the respective group. Accordingly, the shareholder owns a fraction of the entire company. In contrast to the placement of a bond, a group issues fresh equity and no borrowed capital by issuing shares.

While the return on a bond comes from the annual interest payments, the return on shares is made up of dividends and price increases. Although price gains can also be achieved with bonds, the repayment of a bond always refers to the original nominal value. In contrast to bonds, shares do not have a fixed term and can therefore remain in the portfolio for life.

The key similarities between bonds and stocks

Despite the fact that investors inject debt into a company by buying a bond and equity by buying a stock, both asset classes have a lot in common. Both bonds and shares can be traded on the stock exchange at any time, which means that their price is always determined by supply and demand. Furthermore, bonds and stocks can be kept together in a securities account. This means that both asset classes can also be acquired and traded together in a mixed fund or ETF.

Another similarity between bonds and stocks is the prospect of regular income. In this way, both asset classes can continuously generate profits, either in the form of dividends or in the form of interest payments.

4 March, 2022

Bitcoin Crypto: What Investors Should Consider

by Iveta Pařízková

in Cryptocurrency

More and more investors want to benefit from a rising Bitcoin price. However, the recent price setback clearly shows that there are some pitfalls.

What investors should consider

Bitcoins should only be a very small part of the portfolio

Bitcoins are becoming increasingly interesting for many small investors, as they seem to lure with particularly high profits. But investment is also above-average risky. The price fluctuates heavily and even experts sometimes disagree on the reasons for the high volatility.

Bitcoins are therefore not suitable as a reliable investment, for example for old-age provision. The cryptocurrency is rather a speculative admixture. If you still want to play, you should think carefully about how much money you want to invest. The rule of thumb is: Only invest so much that you can live with losing all of your money. In the overall portfolio, the investment in the digital currency should only make up a small part, experts recommend five to ten percent.

Get plenty of information beforehand and consider any uncertainties

Investors should learn about how bitcoins work and the risk involved before investing. Because it is not only the fluctuating course that harbors uncertainties. Regulatory efforts by countries and banking supervisors could also influence the future course. Unlike the euro or dollar, bitcoin is not backed by a central bank, no company, no government is behind the cryptocurrency. You may use like this Bitcoin robot to check before investing.

It is also unclear who is responsible for overseeing the crypto exchanges where investors can buy bitcoins. This decentralized structure is what is special about cryptocurrency, but it also harbours risks for investors. When investors invest in a company’s stock, the shares are somewhat backed by the company’s asset value. Bitcoin basically has no real value.

Basically, investors only benefit from price increases when fresh money flows into the system. The Bitcoin itself does not generate any income.

Compare investment opportunities

If investors decide to invest in bitcoin, they can buy a bitcoin or a fragment of it directly on one of the crypto exchanges. If the price then rises, investors benefit immediately. But there are other ways to benefit from a rising Bitcoin price.

Those who want to invest indirectly in Bitcoin can also buy shares in companies that benefit from a rising price of the currency.

28 February, 2022

Ways To Get Free Bitcoin and Cryptocurrency

by Iveta Pařízková

in Cryptocurrency

Bitcoin has weathered the severe storms and is now catching the attention of the global financial industry.

Now there are several ways you can earn even free cryptocurrency aside from simply trading them.

Get Free Bitcoins with Airdrops

Airdrops are the perfect way to get free bitcoins and other free cryptocurrencies quickly and easily. Airdrops are basically free coins collected straight into your wallet.

It’s literally free money being handed to you! A cryptocurrency wallet is a digital wallet that you can use to store, send, and receive various cryptocurrencies.

The purse is not exactly a wallet in the classic sense. They don’t exactly “store “your money like a regular wallet. Instead, it keeps your public and private keys, which in turn helps you send and receive money. While this sounds pretty fantastic, there is actually a method behind all of this.

Airdrops are calculated advertising manoeuvres that actually save companies a lot of money in the long run. There are several companies that offer airdrops. Unfortunately, as the popularity of cryptocurrencies increases every day, the scams surrounding these currencies also increase.

Generate even more free Bitcoins: Recommendations & Rotator websites

Although it all depends on the time you spend touring the different facets, there are some users who earn more than others. Faucet websites will reward you with additional incentives if you submit a recommendation to their website.

For example, they send a link to someone they know well or are interested in. The visitor needs to visit the website through your referral link, log in and start claiming the rewards. This is the main source of traffic and that is why lots of referrals are important for any Bitcoin Faucet website.

On the other hand, you can also get rewards through programs when buying things you need from different companies.

Crypto Casinos: Earn bitcoins with games

It is also possible to get free bitcoins through various gambling games whether with simple games or in a Bitcoin online casino. Bitcoin casinos are like traditional casinos, except they work with bitcoins.

As bitcoin grows in popularity, the need for the cryptocurrency to be accepted as a payment method by both providers has increased recently. Bitcoin transactions are significantly faster and Bitcoin casinos and many others have adopted this method of depositing and withdrawing as transactions are processed in minutes instead of days as they used to.

10 January, 2022

Financing Thru Crypto: Auto Loan Rate Calculator

by Iveta Pařízková

in Cryptocurrency

Nowadays, companies that want to start a new, mostly digital project can hardly find traditional financing. Therefore they have to rely on new financing methods. People who want to finance their cars must learn how to use the Auto Loan Rate Calculator first.

Crowdfunding has now developed into a popular form of financing, including cryptocurrencies, which provide new capital. The company creates its own cryptocurrency and brings it to the market. By issuing the cryptocurrency, investors can then participate in the company and receive services or company shares in return.

Auto Loan Rate Calculator: Building an investor community

The basic idea of crowdfunding plays an important role when it comes to an investment model. That is the reason why the full-service providers take care of developing a solvent investor society. Businesses publish specialist articles in suitable media in order to promote advertising. At the same time, a network will be set up via social media. Moreover, there are ads via ICO listings, crypto networks, and corresponding campaigns in order to inform the crypto community of investment opportunities.

Auto Loan Rate Calculator: Companies having their own cryptocurrency

Financing in a company-related cryptocurrency like bitcoin is an exciting incentive for many stakeholders to finance projects. During the past years, it has become progressively clear that digital currencies are making the jump into the traditional financial sector. They are increasingly assuming the function of storing money.

The larger the investor community is and the more investors invest, the more manageable the risks and costs become. In return, investors receive more than just company shares. They have the opportunity of an additional lucrative form of investment. As a result, this innovative way of raising capital allows companies to implement their projects and developments.

Auto Loan Rate Calculator: High success rates in crypto financing

Crypto evaluation has had a high success percentage in corporate finance ever since its inception. The full-service agency has developed from an insider tip to one of the leading providers of financing models with the blockchain. Crypto comparison carefully selects the company for which the agency services are raised. The business model and the future viability of the concept have to be right in order to convince investors.

25 October, 2021

We May Soon Find Out Who Invented Bitcoin Due To A Multi-Billion Dollar Case.

by Iveta Pařízková

in Cryptocurrency

Journalists, crypto fans, and online detectives have been trying to expose the person behind the name Satoshi Nakamoto for about a decade. But the creator of Bitcoin, in possession of almost a million bitcoins – worth almost ten billion dollars – has managed to keep his identity a secret for years. That may not be long now: A massive lawsuit against the man who publicly claims to be Satoshi Nakamoto may unravel the mystery.

Australian cryptographer Craig Wright revealed in 2016 that he was the creator of the world’s most valuable cryptocurrency, but this claim has been questioned by many. Legal experts say this case, brought by the relatives of one of Wright’s business associates, will finally reveal the truth about Nakamoto. Little has been heard of him since Wright announced that he would do nothing more to prove that he was actually Satoshi Nakamoto. Now he is being sued by the heirs of Dave Kleiman, who was a computer scientist and cybersecurity expert. Many people believe that not Wright, but Kleiman was the real creator of Bitcoin.

What is the case about?

The claim is that Wright stole 1,100,111 bitcoins from Kleiman, which together are worth $10,236,532,855. In addition, the heirs claim that Wright “illegally and knowingly” passed on their trade secrets about blockchain technologies “in a malicious manner.” Monday night, a tweeter asked Craig Wright what he thought of the case. He responded to the tweet with one word: “greed.” Prosecutors are joined by Boies Schiller Flexner LLP, who also represented Al Gore in the case, which called into question the results of the 2000 presidential election. According to Bitcoin security specialists WizSec, Wright’s claims, nor those of Kleiman’s heirs, are correct. The company writes in a blog post that neither of them is the rightful owner of the bitcoins. “The bitcoins they are talking about are just a fantasy: they don’t exist at all,” the blog post wrote. “The lawsuit is a trivial argument over unrelated money that does not belong to either party.”

Who was Dave Kleiman?

Kleiman was a helicopter technician but became paralyzed after a motorcycle accident, leaving him to spend the rest of his life in a wheelchair. By the way, if you have a motorbike accident or are totally unaware of what to do if you have a motorcycle accident, you can visit this link https://lacenturylaw.com/motorcycle-accidents/. He met Wright at an online cryptographer’s forum in 2003. According to prosecutors, the two collaborated on the white paper on how Bitcoin and blockchain should work, publishing it under the pseudonym Satoshi Nakamoto in 2008. Wright and Kleiman also set up a Florida company, W&K Info Defense Research LLC, in 2011, focusing on cybersecurity. The complainants are not sure whether one (or both) actually developed Bitcoin. The indictment continues, “for unclear reasons, they chose not to even tell their friends and family about what they were dealing with Bitcoin. But there is no denying that they were involved in Bitcoin from the start and that they both owned a huge number of Bitcoins between 2009 and 2013.” Ten months after Dave Kleiman’s death, his 94-year-old father, Louis Kleiman, receives an email from Wright, writing, “Your son Dave and I are two of the three most important people behind Bitcoin.”

Dave Kleiman passed away in April 2013, just before Bitcoin became a big hit, after a long battle with an antibiotic-resistant infection (the hospital bacteria MRSA). When he died, no one in his family knew about his part in Bitcoin’s development. They also did not know that he owned a huge amount of bitcoins. According to the indictment, Wright took advantage of the fact that none of Kleiman’s relatives knew about the situation. He drafted several contracts that ensured that the crypto legacy was transferred to Wright and his companies.

Gruesome scene

Kleiman’s death remains a mystery for the time being. “Dave was found dead in his home. It was a horrific scene,” the indictment said. “His body was decaying, there were blood and feces stains on his wheelchair, and there were open bottles of alcohol and a loaded pistol next to him. In his mattress, a gunshot hole was discovered.” Wright and Kleiman started a Bitcoin mining operation that earned them over a million Bitcoins. They kept these in Seychelles, in the United Kingdom, and Singapore. Much speculation continued even after Wright’s claim to be Nakamoto. When Wright subsequently refused to provide further evidence, the discussion turned out to be heated in the media and the Bitcoin community. The list of most likely Nakamotos includes Gavin Andresen, Hal Finney, Nick Szabo, and the infamous Dorian Nakamoto.

25 October, 2021

Bitcoin Serves As A Reserve Trump Card.

by Iveta Pařízková

in Cryptocurrency

Large companies have long been interested in Bitcoin and have already invested heavily in it. In this series – well-known PayPal, Visa, MasterCard, MicroStrategy, Tesla, McRock, even the Norwegian state, and many others.

Bitcoin

A reserve trump card in the deck of economic instruments because everyday financial transactions are carried out on the blockchain platform of several million dollars. Transfers in bitcoin cryptocurrency are just as simple as usual. The amount in bitcoins can easily be transferred to Australia, China, France, or just to a friend who is sitting next to you. There are even automatic exchange machines in which you can exchange cryptocurrency (in the common people – “crypt”) for the currency of a state and vice versa. It all depends on the country where you are.

Experts

Bitcoin will only gain in price Experts are confident that bitcoin will only gain at price and by the end of this year, it will cost at least 2.5 – 3 times more than it is now. Thus, it will not only offset inflation but also preserve your savings. Bitcoin is used as a real currency, with which you can not only pay for coffee and cake but also buy or sell a house for it. Around the world. It is enough to install an application with a jack (wallet) on your mobile phone, which contains your crypt. The difference between bitcoin huge difference between Bitcoin is its decentralization and independence. It is the complete opposite of our traditional financial system. When the European Central Bank introduces the digital euro, banks themselves will no longer be needed. Ordinary people will conduct financial transactions without intermediaries. Banks in this chain will become an extra link. Unless, at first, they will help transfer money from their accounts to digital wallets. The more actively people use these wallets, the fewer banks will serve them.

Digital Currency

Since the release of the digital currency will be handled by the Central Bank of the state, this currency will be central, like many other “coins”. This is the main difference between bitcoin and fiat money. There is no central institution that controls Bitcoin. It is impossible to manipulate him. At the same time, Bitcoin is a kind of basis for all existing cryptocurrencies. Blockchain platform The blockchain platform is constantly evolving. Over time, many additional applications will appear on it. For example, there is already registration of machines, tracking frozen food items for interruption of the refrigeration chain. In Panama, for example, you can buy or sell a house without a notary and official institutions. With blockchain, this is as simple a deal as selling a bicycle: you give me bitcoins, I give you a house. The sale itself is registered on the blockchain, and the buyer receives the so-called certified rights to a particular property. Or a car. Or a motorcycle. By the way, if you’re in a motorbike accident and need a lawyer, follow this link. Bitcoin as an alternative to the dollar and euro, In any case, bitcoin is a good alternative to the dollar or euro. As everything goes to the fact that the currency is depreciating, the ECB prints more and more additional money so that countries do not go bankrupt. There is huge inflation and, as a result, a financial crisis. In this chaos and amid not-so-bright prospects, Bitcoin promises stability and a kind of spare card in a dangerous financial game.

9 September, 2021

Finance: Investing Properly in 옵션거래 Crypto

by Iveta Pařízková

in Cryptocurrency

Learning to invest may seem daunting, but it’s easier than you think. Anyone can start, no matter how much savings are available. Investing money in the 옵션거래 stock market is the number one way for most investors to build wealth and save for long-term goals like retirement.

How to invest in 옵션거래 using cryptocurrencies?

There are many ways to invest in cryptocurrencies. Which strategy is right for you depends on your expectations, your skills and how much time and money you are willing to invest. As a rule, you make profits by increasing the course.

There is no interest and investors also have to forego dividends. Cryptocurrencies are still not a classic investment product. This has its advantages, for example, getting started is quite easy, even for newbies.

First of all, it is important to be clear about the strategy. There are short-term investment strategies that are designed for success within a short period of time or long-term strategies. This takes a lot of patience, but the effort is much less. Also, think about how much you are willing to invest.

Cryptocurrencies allow you to start with small amounts, but depending on the type of trade, they may not necessarily generate high profits. Risk also plays an important role.

Risky investment strategies are often associated with high profits, but you should also factor in the potential losses. It is also possible to invest in cryptocurrencies in a safe way, whereby a certain risk always remains. After all, it is an unregulated, young market.

The safest platforms to invest in 옵션거래 with cryptocurrencies

First of all, you have to decide for yourself whether you want to trade actively or buy a cryptocurrency and hold it for months or even years.

On the other hand, many would like to physically own the cryptocurrency and either transfer it to their own wallet or leave it on the platform in order to sell at a higher rate.

옵션거래Investing in Bitcoin: A must in every crypto portfolio

Bitcoin is considered the safest investment for investors. The cryptocurrency will at least be relevant for many years to come. According to many traders, Bitcoin belongs in every portfolio. Anyone who can only invest in one cryptocurrency is well advised to invest in Bitcoin.

21 October, 2020

Cryptocurrencies and its advantages

by Iveta Pařízková

in Cryptocurrency

Bitcoin, Ripple, Litecoin, Ethereum, and Co. are all examples of cryptocurrencies. These are purely virtual currencies that are primarily used online. They can be used for transactions between individuals, for business transactions, or for games such as kiss918 or gambling transactions.

Decentralized structure

Cryptocurrencies are not administered from a central point (e.g. bank) but are distributed across all participants in a special network. This decentralized structure is achieved via a distributed ledger technology – e.g. blockchain or tangle. Each participant receives a copy of the database, which contains all previous transactions.

Wallets: accounts for virtual currencies

In order for a user to participate in and actively use a cryptocurrency, they need an account, the so-called wallet. This is where the participant’s current tokens are stored – i.e. their current account balance, so to speak. There are different forms of wallets, but in principle, they all have the same functions: They are used to send, receive, and manage a participant’s tokens. Wallets are cryptographically protected and also contain the address of the owner.

Advantages of cryptocurrencies

Cryptocurrencies offer many advantages over traditional currencies, including

Fast transactions with minimal waiting times in the range of a few minutes
Anonymous payments protect privacy
Decentralized payment transactions independent of financial institutions
Secure transactions and tamper-proof accounts through shared management via blockchain
Currency is valid internationally, no exchange rates, no link to national interest rate developments

Cryptocurrency Risks

There are also risks

Lost wallets are usually irreplaceable
Depending on the currency, only very limited distribution/acceptance as a means of payment
Strong price fluctuations

Is a cryptocurrency fiat money?

Fiat money is all means of payment that have no intrinsic value. This means that they have no real exchange value, unlike gold or raw materials, for example. The classic fiat money that everyone knows from everyday life are usual currencies: euros, dollars, and the like consist of coins and banknotes that are only worth something because you have agreed on them. Fiat money can be exchanged for goods and services practically anywhere.

Strictly speaking, cryptocurrencies are also fiat money. Not only that – they come much closer to the definition of fiat money, as they are purely virtual and thus actually have no intrinsic value at all. As long as there are enough users of a cryptocurrency who recognize its value, it can be used for a wide variety of transactions just like fiat money.

11 May, 2020

Transition To A Cashless Economy, Cryptocurrencies

by Iveta Pařízková

in Cryptocurrency

The transition to a cashless economy is accelerating in several countries including Canada. To replace cash payments including personal loans online, blockchain technology could give a serious boost.

Cryptocurrencies, however, raise concerns, particularly with regard to the security of transactions, as reported in a recent article by Cointelegraph, a digital media specializing in crypto assets.

It is predicted that by 2030, only 10% of the money spent in Canada will be spent on cash.

What Does A Cashless Future Mean?

Even if thinking about cryptocurrencies has started, Canadian authorities are in no rush to move from cash to digital. In October 2018, a study by the Bank of Canada described a number of issues related to the elimination of cash, including the reluctance of seniors to turn to electronic payments.

Maintaining operational reliability also raises fears and measures will have to be envisaged to remedy this, including that of issuing a digital currency but not a cryptocurrency. It’ would be a digital variation of the Canadian dollar which is going to contend with private payment systems.

Impact on consumption

Another Bank of Canada study found that a cryptocurrency could potentially benefit the country’s economic well-being. It “could lead to a 0.64% increase in consumption for Canada compared to economies where payments are made only in cash,” reports the Cointelegraph.

To deepen its understanding of new financial technologies, the Bank of Canada is conducting, in collaboration with TMX Group and Payments Canada, the Jasper research project, the flagship ledger technology experiment launched in 2017. They would constitute an effective solution to automate real-time securities settlement.

For its part, since 2017, Royal Bank has been testing blockchain technology to facilitate the transfer of payments between its establishments located in the United States and Canada. In particular, it has deployed software developed by Hyperledger which enables it to monitor transactions in real-time between the two countries.

What is done elsewhere

Other countries are preparing the transition to digital payments. In Australia, there has been the introduction of a bill clarifying that purchases of over 10,000 Australian dollars (about 6,750 dollars) in cash would not be legal. According to the government, this measure will deter tax evasion and encourage the transition to a cashless society.

For its part, Germany is a bit apart in the European Union while the country does not impose any restrictions on the use of cash payments. A plan to limit cash transactions to 5,000 euros (about C $ 7,300) – both domestically and throughout the eurozone – has sparked a negative reaction in German society. The fact remains that the country is in the process of revising its position in this area.

Since last year, it legally identifies bitcoin being a currency and has removed value-added tax whenever paying for services and goods with the use of cryptocurrencies.

Swedes ahead

Sweden is said to be one of the most advanced countries towards a cashless economy. The percentage of money used in this country has decreased considerably (representing only 2% of transactions) and less than 20% of stores accept cash.

This was made possible thanks to the efforts of the authorities, the unprecedented public confidence in banking structures, and the promotion of the Swedish national mobile payment system, used by more than half of the population. Small Swedish businesses have also moved to cashless payments.

In addition, the central bank of Sweden, the Riksbank, has been testing since November 2018 the first Swedish cryptocurrency called e-krona. Its chief economist, Gabriel Söderberg, believes that blockchain technology is very promising and that there will be different forms of applications in society.

If it is certain that liquidity will become digital in the more or less long term, like others he wonders about the role that blockchain technology will play in this shift.

“Right now, many of us are studying how blockchain could help future payments. I am fully open to the possibility that this could potentially be incorporated into certain forms in future payment systems, but we do not yet know to what extent, ”he summarizes.

23 March, 2020

Canada Is Taking The Next Big Step In Crypto Nation Race

by Iveta Pařízková

in Cryptocurrency

First Bitcoin mutual fund in CanadaFirst Block Capital Inc., a Canadian investment company which is also active in the crypto market, stated that its own Bitcoin funds are now officially recognized as investment funds in Canada. Not only is this a big step for cryptocurrency investors, it’s also another big step for Canada in the Crypto Nation race – and could open more doors for global Bitcoin trading.

Check out also, The Best Canadian Dividend Stocks For 2020 here.

Canada’s Crypto Regulations

More market presence at better conditions

The “FBC Bitcoin Trust” has been the flagship of First Block Capital Inc. for years. The fund was officially registered as an investment fund in Canada and enables investors to save fund shares in self-managed accounts such as registered pension plans or tax-free savings accounts. In this way, investors can easily get into Bitcoin trading and benefit from it without having to worry about buying and managing the cryptocurrency themselves.

The mutual fund is currently only accessible to accredited investors via NEO Connect, a platform for fund sales, under the acronym FBCBT. Trading the Bitcoin fund should be as easy and quick as with regular funds. The 30-day redemption clause has also been deleted for the fund.

If the test phase is successful, the funds from Bitcoin and Co. could soon spread to other countries and be open to all investors, which would make buying cryptocurrencies a great success.

A big step for investing cryptocurrencies

Due to the simplicity and elimination of the “middleman”, the investment funds are a qualified investment within the meaning of the tax law. The FBC Bitcoin Trust is also the first product of its kind in Canada to be approved by both the Ontario Securities Commission and the British Columbia Securities Commission, and has given investors the opportunity to use Bitcoin as a mutual fund in savings deposit and retirement savings accounts.

Sean Clark, managing director and founder of First Block, said at the time of the announcement in a statement that he “wants to increase Bitcoin’s investment risk by removing complicated hurdles for direct cryptocurrency investments.” The company is pleased to announce that its fund is now more accessible to investors and has found a suitable partner for this project in NEO Connect. Since its introduction about a year ago, the Bitcoin fund has already won over 150 shareholders.

28 December, 2019

Investors Are In Debt For Bitcoins

by Iveta Pařízková

in Cryptocurrency

Investors are now even taking out loans to buy bitcoins, the first and well-known cryptocurrency running in the market. This becomes a problem due to the crash. Governments now want to intervene.

18% of Investors Buy Bitcoin on Credit

Given these price fluctuations, it is correspondingly worrying that investors are increasingly in debt for the purchase of cryptocurrencies. It is more alarming that many people in bad debt jump into the wagon borrowing more money from agencies. Because like the Brockhoffs, 18 percent of Bitcoin buyers are already taking out a loan. This is shown by a survey of 3000 investors in the USA and Europe, which the Coindesk website has just published.

Wolf Brandes from the Hessen Consumer Advice Center considers this to be a critical development: “An investment in bitcoins is highly risky, in the worst case there is a risk of a total loss.” Anyone who has taken out a loan quickly remains on debt. Brandes already feels reminded of the Neuer Markt. Back then, investors also dreamed of big profits, bought stocks at the pump – and ended up losing a lot of money. Felix Hufeld, head of financial supervision Bafin, also fears that the Bitcoin boom will result in “excesses that produce bitter losers”.

Banks Restrict Transactions

This is why some banks intervene. JP Morgan, Citigroup, Bank of America and Lloyds have recently stopped allowing their customers to buy bitcoins with their credit cards. By doing so, they want to protect consumers – but also themselves. The fear of banks that they will remain on debt is obviously too great if the prices for cryptocurrencies fall. Especially since credit cards in the United States and Great Britain work a little differently than in Germany: If the open amount is automatically debited from the current account every month in this country, customers in Anglo-Saxon countries can flexibly decide when and how much to repay. Unlike in Germany, in the USA and Great Britain, you can get real credit via the card and the banks have no interest in customers using it to gamble. And buying bitcoins is a gamble, as central bankers like Mario Draghi see it. Digital currencies should be classified as “very risky investments,” he said this week.

Especially since no one knows what will happen to the cryptocurrency. The few forecasts that are available differ widely. While the Danish Saxo Bank sees Bitcoin’s price rise to $ 100,000 this year, Goldman Sachs warns that some cryptocurrencies could fall to zero. Oliver Flaskämper, who has been dealing with bitcoins for years and operates Germany’s only marketplace for cryptocurrencies Bitcoin.de, therefore does not even venture a forecast. “I could also predict the lottery numbers there,” he says.

The power consumption for the production of bitcoins is high

It will also depend on politics on how Bitcoin and Co. develop. Governments and regulators worldwide are currently dealing with the question of how to control cryptocurrencies. Agustin Carstens, Director General of the Bank for International Settlements (BIS), believes this is imperative. By the latter, he means the enormous energy that has to be spent to create bitcoins on high-performance computers. The electricity consumption for the production of the cryptocurrencies already corresponds to the consumption of the state of Singapore, Carstens calculates.

In Germany, the Bitcoin regulation even appears in the coalition agreement between the Union and the SPD: One wants to work for an “appropriate legal framework for trading cryptocurrencies and tokens at European and international level,” it says. At the request of Germany and France, a set of rules for cryptocurrencies could even become an issue at the meeting of the G20 finance ministers in March. The two countries propose to commission international expert bodies such as the FSB, which is responsible for financial stability issues, with a report. In addition, the International Monetary Fund (IMF) must be considered. But that also shows: What regulation of cryptocurrencies should look like is still open. Especially since this runs counter to the ideas of their inventors who want free currencies,

South Korea and China have banned bitcoin trading

China and South Korea, which completely ban bitcoin trading, are already going particularly far. Exchanges on which Bitcoin and Co. are traded must close. China has also banned the creation of new bitcoins. Digital currencies are generated on high-performance computers – this is not possible without access to the power grid, which China is now refusing.

Worldwide, however, a complete ban on cryptocurrencies is hardly enforceable, according to exchange operator Flaskämper. He compares this to gold: in history, too, people have always wanted to ban precious metals. But you couldn’t keep it up. In his view, a ban would not mean the end of cryptocurrencies – trading with them would only migrate to the so-called darknet. Governments could have no interest in that either.