FAQS
What is cryptocurrency?
As with many good things that we enjoy today, cryptocurrency has its root in the advent of the internet. It is basically an electronic cash system that operates on a peer to peer and on a decentralized basis. While inventors had in the past tried to build such a peer to peer electronic cash system, the difference between cryptocurrency and the first peer to peer systems (such as Digicash) lies in decentralization.
In other words, the idea of cryptocurrency is to have money that is not bound by geography and that operates on the blockchain technology which records all transactions made with this truly global currency.
What can I use cryptocurrency for ?
You can use cryptocurrency for remitting payments, trading, paying for goods and services, making private money transactions, investment purposes, and as a hedge against the rapid devaluation of some national currencies.
The use of cryptocurrency continues to grow, and we expect that in the very near future, more and more uses will be added to the above list.
Which are the most popular cryptocurrencies available today?
Based on market capitalization, demand, value investment asset and future prospects, we believe the most popular cryptocurrencies to be:
Bitcoin: Founded by Satoshi Nakamoto in 2009 and the very first cryptocurrency in existence, Bitcoin has the
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While cryptocurrency exchanges are platforms that allow traders to buy and sell cryptocurrencies directly, brokers are cryptocurrency experts that trade cryptocurrencies on behalf of their clients. One distinct advantage that using a broker has over using an exchange is that most cryptocurrency exchanges are new and it might be hard for novice investors to know if such platforms are safe for investment or not. A broker has better information to trade
As the Reconstruction Era ended, the United States became the up and coming world power. The Spanish-American war was in full swing, and the First World War was well on its way. As a result of the open-door policy, England, Germany, France, Russia, and eventually Japan experienced rapid industrial growth; the United States decided to pursue a foreign policy because of both self- interest and idealism. According to the documents, Economic self- interest, rather than idealism was more significant in driving American foreign policy from 1895 to 1920 because the United States wanted to protect their foreign trade, property and their access to recourses. While the documents also show that Nationalistic thought (idealism) was also crucial in driving American foreign policy, economic Self- interest prevailed.
The Atlantic Slave Trade affected millions of lives throughout the centuries that it existed and now many years later. It was so widely and easily spread throughout four continents and with these documents we get to read about three different people with three different point of views. A story of the life as a slave from an African American slave himself, how the slave trade was just a business from the point of view from merchants and kings, and letter from King Affonso I referring to the slave trade to King Jiao of Portugal.
In the colonization period, the urge to conquer foreign territories was strong, and many lands in the Western Hemisphere were conquered. With the colonization of these areas, a mercantilist relationship was formed between the conquered civilization and the maternal country. A major part of this was the restriction of exportation of native resources only to the mother country as well as the banning of trading with colonies of other countries. In turn, there was an increasing in the number of smuggling activities during the time. According to a British sailor named William Taggart in 1760, the illegal smuggling of goods into these areas had a positive impact because it brought prosperity to the people in Monte Christi, as there were only one hundred poor families. Likewise, Dominica governor John Orde praised the trading because it created prices much lower than with its maternal country. However, British admiral David Tyrell, Roger Elletson, Dominica governor John Orde, and a 1790 Bahaman newspaper report all had similar views on the harmful effects and corruptness present in smuggling. Despite this, physician George Lipscomb and British Lieutenant Governor Thomas Bruce had neutral opinions on the matter, and only stated what they witnessed in the process.
East Asia from 1450-1750, including China, Japan, and Ming China, used many different strategies for empire and state building including taking voyages around the world to get ideas for their empire, having a good educational system and a strong, powerful government, including women in schooling and political events, having different views on religious freedoms and having a tough military.
Throughout Europe in the fifteenth, sixteenth, seventeenth, and eighteenth centuries, nations were filled with poor and less fortunate individuals. While the nobles of countries such as France and England ruled their lands, many forgot about the underprivileged that roamed the city streets begging for alms. As a result, the opinions towards these lower class people were very differentiated. However, three main opinions stood out. All in all, the views of the poor in fifteenth – eighteenth century Europe included those who believed individuals should help the poor because it is the right thing to do, those who believed individuals should help the poor for God, and those who believed the poor were just idlers
Some historians recall the confederation interval of american history, from 1781 to 1789, probably the most valuable generation in the nation's progress. Having rebelled towards royal authority, the collection of yank colonies, now turn out to be a group of yankee states, needed to strengthen a new govt. This executive was the Articles of Confederation, a general structure, which was once ratified through all the states in 1781 before the revolutionary battle ended. However from their conception in 1781 to their abandonment in 1789, the Articles have been wholly inadequate, offering the U.S. With an ineffective govt. Probably the greatest contribution the Articles made was to exhibit the people that a robust primary executive was wanted.
After defeating the Redcoats at the Battle of Yorktown in 1781, the American peoples finally had freedom from the British powers they had been rebelling against for so long. This freedom was met with the immediate need to create a strong nation of unified states to legitimize America as its own country. America at this time consisted of 13 colonies, each with their own sovereignty and power over their individual territories. The American people were naturally so far pleased with this system as they felt most in-touch with their colonial governments. The entire reason Americans broke away from their British forefathers was due to an oppressive central government that left the people virtually powerless. So when time came to draft a document officially declaring the separate powers of the states
Bitcoin was first proposed by a person known only by the apparent pseudonym of "Satoshi Nakamoto" in 2008. It is an internet based digital currency along with its own payment network which uses strong cryptography to prevent users from illicitly duplicating money. Bitcoin is independent from the control of governments, corporations, or other centralized authorities. This feature tends to appeal to people to use bitcoins for trading. But, it does not enjoy the security and protection which these large bodies can provide, and hence, it becomes volatile and insecure means of trading. Bitcoin needs lots of computers to process and record transactions. This is done by Bitcoin Mining tools. Every time someone successfully "finishes" a transaction, they receive Bitcoins in return. This provides an incentive to keep the currency running.
Cryptocurrencies are much confused mostly especially with their features. They are software-based currencies that are computerized using specific software. Bitcoin for example, is built and mined from the ground like gold and made to be decentralized as well as anonymous feature. All the users are legible to access the software as they are all open and made public for any user to access. This mean s that the cryptocurrency operators have allowed all users the freedom to perform any activity on the websites that deal with cryptocurrencies.
The documentary Banking on Bitcoin from director Chris Cannucciari was a documentary released in 2016. Throughout this documentary Cannucciari asserts that the cryptocurrency Bitcoin is the future. Using Bitcoin experts and enthusiasts, this documentary is working to persuade people that Bitcoins peer to peer non-centralized system is the future and should be used over traditional banking methods. The targeted audience for this documentary is businesses, government officials, and anyone interested in the Bitcoin technology. The tone of this documentary is ardent while also informative.
Bitcoin is a digital currency, similar to cash due to the fact it is instant, however, is not managed or controlled by a central government or organization. Instead, the network is run on thousands of independent user’s computers. None of these computers have more control over the network than any other computer. The network that Bitcoin was founded upon is based on 40 years of research in cryptography and over 20 years of research in cryptocurrencies; by thousands of researches around the world.
According to its semi-official definition, a cryptocurrency is “a peer-to-peer, decentralized, digital currency whose implementation relies on the principles of cryptography to validate the transactions and generation of the currency itself.” (While that is one dense slab of prose, to be fair to the cryptoids, it wouldn’t be easy to define the dollar succinctly either.) What this means is that Bitcoin and the rest are electronic currencies created and transferred by networked computers with no one in charge. The role of cryptography is not merely to guarantee the security of the transaction, but also to generate new units of the currency, which are “mined” by having computers solve complicated mathematical problems. Once solved, new coins are created and their birth— with digital signatures guaranteeing authenticity and uniqueness—announced to the rest of the system.
A stock broker is an agent that charges a fee or commission for executing buy and sells orders submitted by an investor. Stock brokers can either independent or part of a brokerage. If you are a stock broker you will be trading stocks that your clients have purchased or you purchased for them. A broker is a job where you are trusted with others funds to make more funds by either selling or buying. To be a stock broker you will need to be a great problems ...
The biggest stock exchanges are the New York Stock Exchange and NASDAQ. The New York Stock Exchange is a large building in Lower Manhattan that does auction-style trading with a lot of face to face interaction through specialists, brokers, and buyers. There are upper floors in this exchange on which specialists determine the prices of all the stocks. This information then travels to the brokers who work auctions face to face with buyers in order to sell the stocks. America’s biggest companies, like Coca-Cola and McDonald’s, sell their stocks through this exchange. NASDAQ is a virtual stock exchange with no physical building. This exchange was created during the 1970s but began thriving during the tech boom of the 1990s. The tech boom helped this exchange become the home of more technological companies li...
Firstly, an insight into crypto-currencies, what they are and how they can benefit the worlds economy. A crypto-currency is ‘digital medium of exchange’(RhettandLink) - managed through extensive encryption techniques known as cryptography. Comparable with fiat money, no group or individual can stunt, increase or abuse the production of crypto-currencies. No economic systems can regulate the production or value of the currency, the system that crypto-currencies are based upon was created by Satoshi Nakamoto - purposely creating Bitcoin which the practise of fractional reserve banking would be virtually impossible. Bitcoin is currently the most successful crypto-currency to date - created in 2009, this anonymous decentralized digital currency has been the target of several raids and hacking sprees; the media are contemplating the significance of Bitcoin in our current worlds economy. Whether it has potential of overruling fiat-currencies or if it’s just a puerile project created by the aberrant Satoshi Nakamoto.