[ad_1] Crypto is going mainstream, and the world’s younger generation, in particular, is taking note. Cryptocurrency exchange Crypto.com recently predicted that crypto users worldwide could reach 1 billion by the end of 2022. Further findings show that Millennials — those between the ages of 26 and 41 — are turning to digital asset investment to build wealth. For example, a study conducted in 2021 by personal loan company Stilt found that, according to its user data, more than 94% of people who own crypto were between 18 and 40. Keeping…
Read MoreTag: safe
Here’s how to keep your crypto safe – Cointelegraph Magazine
[ad_1] “When the mafia kidnapped me, I had the choice to pay the ransom in either fiat money or Bitcoin. I did not hesitate before choosing the latter. Had I picked the first option, the criminals would have held me in a dark, damp cell for days in the Pacific Islands until the funds went through KYC, identity check, or, God forbid, the bank placed a hold on the funds. But after I paid, I was let go instantly. Who knew the network’s 10-minute transaction time and cross-border anonymity could…
Read MoreBitcoin Is Safe From Growing Hyperinflation
[ad_1] The greatest trick the government ever pulled was convincing the world that inflation was a good thing. Over the course of history, dozens of once-prosperous nations have collapsed under the pressure of hyperinflation. Today, the U.S government is $29 trillion dollars in debt and inflation is at its highest rate in over 30 years. Now, more than ever, is a good time to clarify what inflation is, why it is never a good thing and what you can do to protect yourself. History Lesson: History doesn’t repeat itself, but…
Read MoreBinance CEO Says He and Warren Buffett Use Similar Investment Strategy but Doubts Buffett Has Skills to Keep Crypto Safe – News Bitcoin News
[ad_1] The CEO of cryptocurrency exchange Binance says that he and Berkshire Hathaway CEO Warren Buffett share a similar investment strategy. However, he said he would not convince the Oracle of Omaha to invest in cryptocurrency. “I get worried if he uses crypto. He may not have the necessary skills or the knowledge on how to keep his own crypto safe,” the Binance CEO stressed. Binance’s CEO on Warren Buffett and Crypto Investing Binance CEO Changpeng Zhao (CZ) talked about Berkshire Hathaway CEO Warren Buffett and cryptocurrency investing on Yahoo…
Read MoreHere’s why Bitcoin might be safe from a global stock market crisis
[ad_1] One of the reasons behind Bitcoin’s (BTC) volatility, the substantial price oscillations that occur regularly, is the discrepancy of its use cases. Some pundits deem it “digital gold,” a truly scarce and perfect store of value (SoV). Others consider Bitcoin a technology project or a type of software with a corresponding network. El Salvador’s adoption as legal tender will likely evidence the means of exchange (MoE) functionality that the Lightning Network provides. The Layer-2 scaling solution allows instant and insanely cheap transfers, although it requires regular on-chain transactions to…
Read More