Cryptocurrencies as a whole are very secure. That security, of course, is up to the user. Wallet data must be backed up and encrypted by the user. You would not just leave your wallet containing fiat laying around unprotected, so why would you with a wallet containing crypto?
Using ReddCoin also provides Reddit with the advantage of already having a medium for which to exchange the coins as it is already traded on many of the popular exchanges.
Enjoyed the article Leigh. Quick question for you, if Wong is interested in incorporating use of a cryptocurrency, why does he not use Reddcoin? Also quick to be traded back and forth; and it is already established with a huge community backing. It was developed as a social currency so seems like a logical fit to me.
Starting a business is definitely a great idea! The problem with doing so at the age of 60 without being financially solvent is that it takes a great deal of capital in order to do so.
I do agree with your notion of teaming up with younger individuals. Starting a business is a lot of stress and hard work, which will put a greater strain on someone aged 60 and above.
Also corporations such as Wal-Mart have gained notoriety for their destruction of small businesses.
Great article Ben. I think that Bitcoin will recover, and speculation will run rampant again when the bounce occurs. However, I do feel that Bitcoin's first mover advantage will only keep it ahead of other altcoins for so long. In the end, technology and innovation will prevail.
Latest Comments
4 Ways Reddit Could Distribute Its Stock To Users
Cryptocurrencies as a whole are very secure. That security, of course, is up to the user. Wallet data must be backed up and encrypted by the user. You would not just leave your wallet containing fiat laying around unprotected, so why would you with a wallet containing crypto?
Using ReddCoin also provides Reddit with the advantage of already having a medium for which to exchange the coins as it is already traded on many of the popular exchanges.
4 Ways Reddit Could Distribute Its Stock To Users
Enjoyed the article Leigh. Quick question for you, if Wong is interested in incorporating use of a cryptocurrency, why does he not use Reddcoin? Also quick to be traded back and forth; and it is already established with a huge community backing. It was developed as a social currency so seems like a logical fit to me.
What You Can Do In Your 60s To Start Over
Starting a business is definitely a great idea! The problem with doing so at the age of 60 without being financially solvent is that it takes a great deal of capital in order to do so.
I do agree with your notion of teaming up with younger individuals. Starting a business is a lot of stress and hard work, which will put a greater strain on someone aged 60 and above.
Also corporations such as Wal-Mart have gained notoriety for their destruction of small businesses.
Bitcoin Offers Fresh Sell Signal
Great article Ben. I think that Bitcoin will recover, and speculation will run rampant again when the bounce occurs. However, I do feel that Bitcoin's first mover advantage will only keep it ahead of other altcoins for so long. In the end, technology and innovation will prevail.