What impact did Bitcoin have on global economic opportunities?

Bitcoin has had a profound impact on economic opportunities all over the globe. By providing a decentralized platform for peer-to-peer transactions, Bitcoin has enabled people to circumvent traditional financial institutions and access banking services that were previously out of reach. Check out the NFT trading APP for more extensive information on bitcoin trading. Continue reading

6 Tips On Cryptocurrency Investments For Beginners

The cryptocurrency craze doesn’t appear to be ending any time soon as barely a day can pass without hearing this on social media platforms or being discussed on the news. As an investor, you might be willing to get in on the action and make some money from this. But before doing so, it’d be wise first to research on this matter to determine whether it’s a worthwhile investment. This is important as there are many different types of cryptocurrencies such as Bitcoin, Litecoin, and Ethereum, among others.  Continue reading

The Rise Of Gold-Backed Stablecoins In A Post-Pandemic World

COVID-19 wreaked havoc on the global world of finance. Markets suffered as economies shut down and dealt with the fallout of high unemployment. Many nations pursued stimulus packages and other economic measures that further decreased confidence in the long-term viability and sustainability of fiat currencies.

In times of trouble, investors often run towards stable and well-known assets, like gold. Physical gold bullion sales, and interest in gold-backed cryptocurrencies bought on platforms like Gold Exchange, jumped during the first half of 2020 as investors looked towards alternative assets.

By August 2020, the U.S. Mint had sold four times as many ounces of American Eagle gold coins than in all of 2019. The World Gold Council said by July, gold-tracking ETFs had already pulled in a record-breaking $50 billion.

Later in the fall, analysts from Bank of American and VTBCapital speculated the spot price of gold bullion would hit $3,000 per ounce in 2020. They cited continued negative interest rates as a response to COVID, inflationary pressure, and the weakness of the U.S. dollar amid the pandemic.

Gold prices started to slip once news about COVID vaccines hit the headlines. Speculation is optimism about the medicine pushed interest towards pharmaceutical and medical stocks.

However, others argue that vaccinations take time, and infection rates, and a state of fear about the virus could remain constant in 2021 and even into 2022 if there is significant pushback about receiving a vaccine.

Despite the continued uncertainty, cryptocurrencies backed by gold have become a big winner amid COVID, and as the world begins to slowly adjust and see new realities while looking forward to the end of the acute phases of the pandemic.

The Allure And Popularity Of Cryptocurrencies Backed By Gold

Digital coins backed by gold only look set to rise in popularity in notoriety, especially in a post-pandemic world.

Cryptocurrencies underpinned by gold have the unique advantage of giving investors a chance to buy digital assets and invest in physical bullion which they can receive after redemption. This unique attribute makes digital coins backed by gold a versatile investment that will have intrinsic value, no matter the current state of the precious metal and cryptocurrency markets.

Many speculate if the coronavirus and other variants are contained, then investors will opt for riskier assets to make more money and recoup losses. Cryptocurrency looks set to remain one of the most alluring opportunities for people eager to make money.

On the other hand, traders will turn towards precious metals like gold if a post-pandemic world is rockier than expected. Cryptocurrencies backed by gold stand to benefit from both options, positioning the asset class well for any sort of post-pandemic future.

The decision-making process by the Federal Reserve in how to handle COVID, and a world beyond the pandemic, also bodes well for gold-backed cryptocurrencies.

If the Federal Reserve takes a more hawkish stance with their monetary policy, gold prices could dip if dollar index trends start looking up. The opposite effect could occur if the financial authorities make decisions that lead to a decline in the dollar index, driving the values of precious metals like gold up as investors strive to compensate for a turbulent market.

Since cryptocurrencies and bullion are independent of central authorities like the Federal Reserve, their markets could rapidly move and change in response to decisions, presenting opportunities for investors to quickly trade and make profits with cryptocurrencies backed by gold.

These digital coins can be bought, sold, and traded in seconds with low transaction fees and high liquidity, making the asset a strong choice for various investors who are interested in portfolio diversity.

The Future Of Economics In A Post-Pandemic World

Uncertainty remains high as the coronavirus continues to take a toll on global governments and central banks across the world.

Cryptocurrencies backed by gold only increase in popularity as investors search for assets with strong growth potential, coupled with built-in price floors to prevent massive price swings of losses. Gold-backed coins only look to become a stronger investment opportunity as more exchanges and coins foster the buying, trading, and selling of stablecoins backed by precious metals.

Photo credit, Michael Mandiberg, via Flickr.

Bitcoin Storage: How the Winklevoss Twins and the Rich Store their Cryptocurrency


Private bodyguards, secret vaults, and extra layers of cryptography. The world of crypto brings with it a lot of unexpected drama and much needed security measures to protect digital assets against consequent risks.

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Bitcoin and Altcoin: Is It Time to Throw in the Towel on Investments?


$50,000. $100,000. $1 million. $0. A lot of speculation surrounds future bitcoin prices. To many, the days of all-time-highs are long gone. To many others, the ride is just getting started. While you can’t stake your money on predictions of future prices, you can consider why the price may not go to zero.

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Is Binance Coin (BNB) Really the New Bitcoin (BTC) ?

binance coin

Tron’s CEO, Justin Sun recently suggested that cryptocurrency exchange, Binance’s BNB is the new Bitcoin. While the apex cryptocurrency and alt coins lost $5 billion in value over 48 hours, Binance coin increased to $1.8 billion from $800 million at the start of the year.

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Should You Invest in MLB Crypto Baseball ‘Cards’?

MLB Crypto Baseball Cards
Investing in MLB Crypto Baseball Cards

MLB Crypto Baseball is the first sports league with non-fungible tokens for public-use on blockchain. Non-fungible tokens are unique tokens which are not interchangeable. They are representations of goods or assets. MLB Crypto is a cross-over between baseball card collecting and fantasy sports.

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Making Money With Bitcoin: The Road to Success

First Move

Getting involved with any kind of business can be nerve-racking, more so for people with little or no knowledge about the type of industry they are about to get started in. However, Australian businesspeople looking to make some cash with Bitcoin investing have got very little excuse for not sourcing a company providing all the support and advice they need to be a success in dealing with cryptocurrency.

Once we have gotten in touch with a reputable provider of Bitcoin trading services with friendly and supportive telephone reception staff, it is then up to us to put ourselves in gear and start turning our Bitcoin investments into cash.

Going Forward

Australian traders in cryptocurrency that have been able to find one of the more established and trusted companies offering solutions to making paper money from Bitcoin should be on the road to success regarding this exciting and rewarding type of financial business. Indeed, if we are planning to go to Bitcoin Dealers in Australia with an impeccable reputation in providing transparent solutions to making cash from cryptocurrencies, we may wonder why we did not try this route before. Of course, why would anyone involved in the trading of Bitcoin choose to get in touch with a company in Australia that did not meet the standards of Bitcoin companies able to deliver exactly what they promise to their clients?

Selling Bitcoin

Although plenty of people who invest in cryptocurrencies in Australia will be happy to hold onto their assets for a number of months or even longer, many others prefer to cash in their currencies for more tangible versions of money. Of course, traders in Bitcoin who have a specific reason for selling their cryptocurrency to a reputable Australian firm will want to start on their next phase of what can be a very lucrative business transaction.

Making Decisions

As with many kinds of investments, it is not always easy to make up our mind on who to contact when we feel it is finally time to cash in our assets. Dealers in Bitcoin residing in Australia who are determined to deal with the more trustworthy providers of cryptocurrency trading services should be aware that you can contact a highly-reputable provider of such digital money solutions by taking time to look for options on the internet. Indeed, once we have got the ball rolling with making the right choice in a cryptocurrency expert in Australia, it will only be a matter of time before we have exchanged our mined Bitcoins for the traditional currency of our choice.

Reasons for Selling

Apart from dealers in cryptocurrency who refrain from selling their digital money due to a desire to amass a large sum of Bitcoins, many others will be constantly playing with the idea of cashing in their electronic investments. However, rather than rushing into choosing a company to sell our Bitcoins to, it is always a good idea to do some research on the more reliable companies operating in this very competitive market. Of course, before we can even think of selling our Bitcoins, we will need to buy these types of cryptocurrencies.

There are websites you can check that tackle cryptocurrencies – Bitcoin, in particular.  By looking for these websites, people getting involved in this sort of business should be able to gain some valuable insight.

Some of the more common reasons for people deciding to purchase Bitcoins include the following:

  1. There are no third parties in these currency purchases.
  2. There is no need to pay taxes.
  3. Individual transactions cannot be traced.
  4. Bitcoin transactions do not involve paperwork.
  5. Buyers can avoid issues like theft identity.

Investing in Bitcoin can be a profitable venture, especially when you’ve gained enough knowledge on how to navigate this type of cryptocurrency. Armed with enough knowledge and with the guidance of experts, soon you will be able to turn digital money into paper cash.


Retailers That Accept Bitcoin

Retailers That Accept Bitcoin
Retailers That Accept Bitcoin

A couple years ago I found a $20 bill in the parking lot outside a movie theater.  Nobody was around so I decided to keep the money.  “Finders Keepers” they say.  Cash has become incredibly more difficult to keep up with in the present day of credit and debit cards.  Fact is credit and debit card transactions have increased dramatically over the past five years.  In fact, you can now store your cards on your phone.  You don’t ever have to reach into your wallet to pull it out in some cities.  With these recent technological advances in payment methods, we have bitcoin.

Bitcoin has become widely more popular in recent years due to mainstream coverage and wider acceptance of the currency.  A few years ago, there weren’t any retailers that accepted bitcoin; however, it has become much more mainstream and today there are many retailers that accept bitcoin.  Bitcoin hasn’t come without it’s challenges though.  There have been many hurdles the currency had to overcome.  A lack of ability to regulate payments and their origins has scared off many governments to making bitcoin part of their monetary policy.  In fact, the Securities and Exchange Commission (SEC) rejected Cameron and Tyler Winklevoss’ bitcoin ETF they were trying to introduce.

Despite the hurdles that still exist for bitcoin in the future, it has come a long way in development over the past few years and leading the charge is retailers that accept bitcoin.  Many bitcoin believers think that wider use and acceptance of bitcoin will lead to a great future for the block-chain currency.

Biggest Retailers that accept bitcoin:

Overstock.com– Online retailer with deals on everything for your home and your family

DISH Network– American direct-broadcast satellite service provider

Expedia– Online travel retailer

WordPress.com– Website creation tool

1-800-Flowers– Floral gift retailer

Zynga– Mobile gaming company

The company that sticks out to me is Overstock.com because they were the first major retailer that began accepting bitcoin payments on their site.  In fact, back in 2014 when they began accepting the currency sales were averaging around $15,000 a day on bitcoin transactions alone for the site.  Paying for bitcoins is also very simple at retailers.  As simple as adding a credit card to your payment information in fact.

Retailers that Accept Bitcoin

Overstock.com has now been accepting bitcoins on their site for almost three years.  They have repeatedly explained the benefits they see to accepting bitcoin and have advocated that other retailers accept bitcoin.  Some retailers are still hesitant to accept it due to the volatility that can exist.  Although the volatility has stabilized in recent months, the SEC rejection of a bitcoin ETF showed the currency still wasn’t mature enough to prevent drastic volatility as it dropped 18% upon the news.

For a comprehensive link of retailers that accept bitcoin: Click Here

Do you have bitcoins?  What places would you like to see start accepting bitcoin payments?