How To Hide Your Money Under A Virtual Mattress And Earn A Return In The Process
Instead of storing cash under the mattress, Bitcoin users can transfer their funds into stablecoins and lend them out for a high interest rate.Occasionally, you’ll read a news item about an eccentric individual who accumulated a substantial quantity of money and stashed it all away under a mattress. We shake our heads and wonder why someone would do such a thing. Doesn’t he understand the risks involved? A fire could burn it all or a thief could steal the entire stash! He could lose his life savings in a single tragic event. Not only that, think of all the missed opportunities to invest....
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Deutsche Skatbank, a division of VR-Bank Altenburger Land, is introducing negative interest rates. Customers with over €500,000 on deposit as of November 1 will earn a "negative interest rate" of 0.25%. In other words, instead of earning positive interest, they will have to pay 0.25% per year for banking services. Also read: ECB Announces Negative Interest Rates: Bitcoin Price Rallies. Of course, the initiative received a lot of criticism. Wolf Richter says: "'Punishment Interest' is what Germans lovingly call this. It's the latest and most blatant step of the central-bank strategy to....
PRESS RELEASE. The metaverse is a virtual world that allows millions of players to live beyond their immediate environment. With blockchain technology, users can create, own and utilize digital assets while interacting with other people in the virtual space.
Cornucopias ‘The Island’ is a play-to-earn, build-to-earn, learn-to-earn, host-to-earn MMORPG game powered by the blockchain. In a world of unique domes, players can own land and other NFT-based assets which can be traded with other users on Cornucopias’ marketplace and many secondary market places.....
Recently in one of the previous articles we have covered about bitcoin trading bots and how useful they are when it comes to automating your bitcoin trading process. In the same article we also mentioned that a trading bot is only as powerful or intelligent as its owner. Whether you trade manually or use a bot, unless you understand the process of bitcoin trading well, then you are bound to lose money in the process. In order to be a successful trader, one should understand the market, the trading process and various factors that influence the bitcoin price. Once understood, it is easy to....
Using the Internet is a right, or a privilege, that many people take for granted. Many apps, social networks, and search engines collect user data and have proceeded to centralize the Internet over time, without much notice by the masses. The tracking of user’s IP address and location information is now just a part of the online tapestry. Many go through this form of surveillance unwittingly, but a decent number choose to use Virtual Private Networks (VPN’s) which work to protect the online privacy of users in a less and less private world. Today, we’ll take a look at Hide My Ass!, one of....
More and more people are deciding to move away from the jurisdiction of bricks-and-mortar banks as they want more control over their money. Unbanking is a growing movement, but people aren’t storing their cash under their mattress anymore—they’re holding crypto. Specifically decentralized finance coins (DeFi). Getting full control of your money and operating with DeFi […]