Category Archives: Great Debates

Is the Digital Currency (cryptocurrency) having any effect on the Hard Currency?

Is the Digital Currency (cryptocurrency) having any effect on the Hard Currency?

The worldwide economy is definitely moving towards a computerized eco-framework. Cryptocurrency is becoming the most important addition to the digital payment sector. A cryptocurrency is a medium of the trade like ordinary monetary currencies, however, intended to exchange computerized data. Digital money is characterized as a decentralized “advanced or virtual cash that utilizes cryptography for security.

When cryptocurrency is made, every single affirmed exchange are put away in an open record. All characters of coin proprietors are encoded to guarantee the authenticity of record keeping. Since the cash is decentralized, you possess it. Neither the government nor bank has any authority over it.

The record guarantees that all exchanges between “computerized wallets” can figure a precise equalization. All exchanges are checked to ensure that the coins utilized are claimed by the present high-roller. This open record is likewise alluded to as an “exchange blockchain”. Blockchain innovation guarantees secure advanced exchanges through encryption and “smart contracts” that make the element for all intents and purposes unhackable and drained of extortion.

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Great Debates: Tax Refunds

I know you’ve probably tried to put it out of your mind, but tax season is just about on us.  Yes, you don’t HAVE to file until April 15th, but why put it off until the last minute?  (Besides tradition, of course.)  Most of your tax documents should have been sent to you by January… Continue Reading

Great Debates: Retirement Account Redux

Welcome back fight fans, to the first grudge match in Great Debate history.  Yes, although we already fought this issue out a while back, it’s come up quite a bit in the media lately, and with 2010 being the year that anyone can convert their traditional account into a Roth without regard to the usual… Continue Reading

Great Debates: Renting Vs. Buying

Ah, one of the biggest Great Debates in the financial field, and perhaps the biggest argument when it comes to housing, period.  Which is more beneficial for your bottom line, buying a home outright or renting and investing the difference?  While the overwhelming majority of advisers maintain that buying is better, there are some staunch… Continue Reading