I'm a firm believer that the best way to give kids an education is to show them things that spark their interest, then let them explore on their own accord. When it comes to things like art, sports, and English, it's pretty easy to get kids curious.
Hundreds of millions of dollars are being poured into various blockchain investments around the world. Major companies such as IBM, JP Morgan, Spotify, and Eastman Kodak are already exploring various blockchain applications. So are governments.
I'm far from an investing guru. I've tried my hand at a slew of different investment opportunities, with a varying degree of success. Whether it's real estate, cannabis, or just acquiring dividends from some blue-chip stocks, I've tried my hand at almost everything.
First conceptualized in 2008, blockchain quickly became the vehicle and core component of Bitcoin and other cryptocurrencies. Today, blockchain is viewed by many as the go-to solution for problems, spanning a number of industries, ranging from banking and finance to healthcare and voting. But what is blockchain and how exactly is it supposed to revolutionize so many seemingly different industries?
With a current market cap of just over 200 billion USD, cryptocurrencies took the world by storm with a sharp surge in value across the board back in 2017. However, just like any other investment opportunity, investing in crypto also comes with plenty of risks that investors must learn to leverage to their own benefit.
Although cryptocurrency was first launched in the 1980s without success (and then again in the 1990s), it has become quite acceptable in recent years. Since that time, the digital world has exploded in popularity. As a form of digital currency, people find cryptocurrency quite convenient as they begin using cash less and less. According to economists, coins are more costly to create than they are actually worth, begging the question: Are we shifting towards a cashless society?
I remember going on a date with a guy who claimed to be a tech geek. He was one of those types who absolutely needed to feel like he was the smartest, most educated man in the room—even when it was clear he wasn't.
Blockchain technology, for all its hype and attention, is just an accounting ledger that powers cryptocurrencies. At the center of blockchain technology is decentralized trust, and this is how cryptocurrencies can help the global economy to be concentrated in the hands of the majority.
The crypto market was at a fever pitch in November of 2017. Everyone was talking up Bitcoin, asking which alt-coin would be the next to boom, and swearing that they would hold onto their Bitcoin until the day they died.
Disrupting this, disrupting that—tech bloggers, industry pundits, market forecasters, and anyone with dollar signs scrolling across their corneas absolutely loved to apply the word “disrupting” to any title or SEO meta description.
Cryptocurrencies are some of the hottest new investments you can make—and everyone is talking about them. Whether it's the newest Bitcoin mining rigs you're seeing, or the newest ways ICOs are slated to work, crypto seems to have something for everyone.