Does Crypto Free YOU From the Centralized Banking Systems?

In my personal opinion, Cryptos are just one way, but I think this is the easiest way to ensure liquidity and compatibility as a medium of exchange.

I think as long as you can have complete control of your assets then you won! The problem is that no one realizes they are even enslaved. Most people never stop to think why we have inflation and what it means for the buying power of the currency they use.

Why do prices always go up? This is a question many will never consider asking. By keeping your money in a bank, you are basically giving chunks of it away little by little to inflation. Inflation always out competes any earned interest. Interest is almost a funny joke.

For the average person escaping this system of constant loss, they would have to purchase something like Gold, Silver, Precious metals, Property, and other assets. This is a great way to store value and escape the destruction of your wealth caused by inflation.

Crypto works very similarly, but it’s much easier to use Crypto as a medium of exchange than Gold, Silver, or other assets. This is the primary reason I prefer using Crypto as a medium exchange, because of how easy it is to send such a large amount of money and it can be done completely anonymously.

You can always add another level of safety to your Crypto Assets by keeping them offline. This will help you to ensure YOUR digital assets are always safe and in your possession.

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Are Crypto Exchanges Better Than Banks?

Some people love them. I have a little bit floating around on exchanges, but for me I prefer my Crypto offline. When you have your Cryptos stolen once, you always worry about security from that point on. After that, if you are a person that learns from their mistakes, you will find a way to keep your Cryptos safe.

Now of course, you have to put your Cryptos on an exchange to make certain kinds of transactions, but I wouldn’t leave them there for long. The great thing about Crypto is that you can send it to a person without and exchange or a bank.

With all that being said, I would say Crypto Exchanges are better than banks. Many people forget that many times in history banks seized people’s assets with no warning. Well, the condition of the economy would have been the warning, but that’s neither here nor there. I do like that some exchanges offer a card that allows you to spend your Crypto like it’s cash.

The only problem is that your Crypto assets are the most vulnerable to digital thieves when they are sitting in these exchanges.

Crypto Exchanges are much better than banks but be sure not to store your valuable digital assets on an exchange for too long. For long term storage I keep my Cryptos Currencies and digital assets offline and out of reach from digital thieves. 

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Can You Store YOUR Cryptos in a Safe?

There is a way for you to store all of your valuable assets in one place. The same place you store your Gold and Silver can be the same place you keep your Crypto Assets.

I think this is one of the best ways to keep your Cryptos safe from hackers that want to take everything you have worked hard for. If you can keep all of your valuables in a secure location, this will give you the ability to rest easy.

It might sound a little bit confusing to imagine how a digital asset can be stored in a physical location. Technically, all Cryptos are stored on the block chain, but the privacy keys can be stored on a physical Ledger that cannot be accessed by anyone who does not physically possess it and know the access codes.

This Ledger is much like a USB memory stick, and it functions similarly. When you store your privacy keys on a physical Ledger, you can put this Ledger in a safe or any physical location of your choice. This gives you a great opportunity to have your digital assets next to your physical assets like Gold and Silver.

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Can Hackers Steal YOUR Crypto Assets?

They most certainly can! Each day that passes hackers are coming up with more and more creative ways to steal other people’s Crypto Assets. This feels a lot like identity theft without getting your money back. Having someone steal your identity could be detrimental, but you could still potentially get your money back.

Don’t let digital thieves steal YOUR Cryptos

The easiest way I have seen hackers get into people’s account is through their email. If there is a way for someone to access your email, then there is a good chance that they could gain access to your Crypto accounts and have you drained in minutes. All they have to do is request a new password. The system will send a password reset and that’s all it takes.

This is just one easy way that is common. I’m sure there are some genius ways to steal Crypto that I haven’t heard of yet.

Personally, I keep access to my Crypto Assets offline. This allows me to physically store Access to my Cryptos is a safe or another hiding place. To add more security, you also have to use the PIN to do anything with the Crypto Assets on the Offline Ledger.

Keep almost ANY valuable digital asset offline

Hackers will always figure out new ways to steal your valuable assets. If you have them offline, then this makes it even more difficult to steal. No matter what the technology is, if you have access to your Cryptos offline then no one can hack it from cyberspace.

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Are YOUR Cryptos Safe Online?

I would tend to say no. As I have shared before, I lost a lot of Crypto Assets in the past. It took less than a minute to take everything I had on one of my accounts. If a hacker can get into your email, they can likely get into your Crypto accounts. Be sure to always set up as many verifications as possible.

Keep Cryptos Safe from hackers

Most people have their Crypto Assets on an online exchange. I still have a little bit of mine online, but I have been migrating them offline little by little. These exchanges offer pretty good security most of the time, however the risk may not be worth it.

Having multiple wallets helps you to make sure you don’t have your eggs in one basket. I do this as well, although I plan to have all of my Crypto Assets in a safe place going forward. Multiple wallets are a great way to go, just be sure to save the information in a place you won’t forget about it. As I have learned the hard way, if you lose the access codes, that’s it, you’re done, YOUR Cryptos are GONE!

Are your Cryptos safe?

As I have alluded to above, I keep my Crypto Assets offline. Technically I have the privacy keys offline. This is kept in a device very similar to a USB memory drive. The only way to access what is inside is to have physical possession of the Digital Ledger and enter the PIN.

This keeps YOUR Crypto Assets VERY safe. If you want to keep your Crypto Assets safe Click Here!

Are your Cryptos offline?

Is Litecoin Digital Silver?

I always think about this question. I think Litecoin is basically digital silver. The relationship between Bitcoin and Litecoin is very similar to the relationship between Gold and Silver.

Typically, I like to refer to Crypto as an asset rather than a currency, but Litecoin I call a currency. If you were to use a precious metal for day-to-day trade it is likely that you would use Silver instead of Gold. Mostly because they have the same attributes that make them a good store of value. The difference is the value each one holds. If you lose an ounce of Silver, it won’t be as bad as losing an ounce of Gold.

I believe in the future, we will use Litecoin in the same way. To make a transaction it takes less energy with Litecoin then it does Bitcoin. Also, Litecoin is one of the most used Crypto Currencies out there. Almost every place that accepts Bitcoin as a form of payment also accepts Litecoin.

I also believe that the value of Silver to Gold will change significantly. I am speculating that the ratio may go to 1 to 5 or 1 to 4 Silver to Gold (for example, if 1 ounce of silver is $100, then 1 ounce of Gold would be $400 or $500).

I think Litecoin will mirror the Silver to Gold value change. Time will tell what happens.

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Is Bitcoin Digital Gold?

I think so! Many (Many many) people think that Bitcoin is worthless, and it will eventually crash out. They might be right, but I don’t think there is anyway that will ever happen. Many Crypto lovers DO think Bitcoin is basically Digital gold.

Pile of gold bullions. Realistic 3D

Personally, I think Bitcoin definitely is digital Gold! For the same reasons people value Gold, I think this is why people love Bitcoin (just in the digital world). Gold is Scarce, very difficult to find and process into something usable. Gold will also be around for a very long time, out living its current holder. Bitcoin is much like this, but I would say Bitcoin is much more scarce than Gold and time will show. The main reason is that there will only be 21 million Bitcoins. Right now, we are just passed 19 million, so we’re getting close.

I Love Both!!!!!

It will be interesting to see what happens when the last Bitcoin is mined. Once this happens, that’s it. The asset will become much more scarce than any other asset. Aside from art, I can’t think of an asset like this where it has a finite limit. Even precious metals are not as finite. Even though it is difficult to mine gold, it’s not absolutely finite.

It will be interesting to see where Bitcoin goes from here.

Be sure to secure your Bitcoin before the last one is mined. If you want to begin or continue YOUR journey with Bitcoin and other cryptocurrency, Click Here!

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What is an NFT (Non-Fungible Token)

An NFT Is a Non-Fungible Token. Think about a gold or silver coin and dollars/bank currencies, these are all fungible, which means that they can be duplicated or copied for a standard medium of exchange.

What makes a Non-Fungible Token so unique, is that it cannot be copied. Many people don’t see how this can be important because we are still at the brink of the digital age. Imagine a famous painting, like anything created by Van Gogh for example. His work can be copied by other artists or printed up by the best and most detailed printers, it’s still not the work of Mr. Van Gogh.

Being able to hold a true genuine work of art is valuable. In the digital age the same rules apply. We are still trying to figure this all out which is why an NFT seems like it has no true value. Maybe they don’t have value, but as long as people love them, they are valuable if people desire to possess them.

The fact that there is only one original copy makes an NFT valuable for the same reasons that a painting is valuable. One day, we will look back and it will be obvious why NFTs are valuable.

As you collect your NFTs make sure they are safe from centralized authorities and future Hacker/Art thieves! Click Here!

keep YOUR NFTs Offline!

Is Bitcoin Better Than Gold?

This is another one of those personal questions people must ask themselves. Personally, I don’t think anything is better than Gold as far as long-term investments are concerned, but Gold holds many favorable and unfavorable attributes, especially in this digital age.

“I love GOLD! -Goldmember

It’s great to have Gold, but if anyone of unsavory values finds out, you can be robbed. One of the great things about Bitcoin and many other Cryptos is the fact that it’s in the digital world and very difficult to steal if the right precautions are taken.

Of course, Bitcoin and any other Cryptos are also vulnerable to thieves. People that know how to hack your computer can easily steal your wealth if you don’t take proper precautions. As a matter of fact, it is very easy to steal Crypto without some kind of active security.

One of the most important things about Bitcoin and other Cryptos is the that you can carry an unimaginable amount of valuable assets in your pocket. If it where Gold we could be talking about an unimaginable amount of weight, not to mention the money you will have to spend on security.

Many people feel that Bitcoin and other Cryptos are better that Gold or Vise Versa, but I would always advocate for you to hold both.

Regardless how you feel, be sure to stack those Bitcoins and other Crypto Currencies! Get started now or continue the journey.

To keep YOUR Cryptos safe from digital thieves and hackers Click Here!

Keep YOUR Crypto safe from hackers and digital thieves.

Does Crypto Have a Future?

As far as I’m concerned, Crypto IS the future! I still find it difficult to believe that most people are unable to see the writing on the wall. Crypto is much more than just a currency or a medium of exchange. This is the primary reason why I hate terms like Crypto Currency (although sometimes the phrase is appropriate) and I prefer the term Crypto Asset (much more accurate). These assets are much more than simply a medium of exchange, we are still realizing the possibilities.

Time will tell how we are able to use these assets, but every day that passes, many new innovators figure new things that Crypto can revolutionize. The fact that you can’t just create a new Crypto out of thin air and the fact that each one has identification, makes it a scarce asset like precious metals. The difference is that people can find mines at any time, but once a particular Crypto is done being mined, that’s it.

If I am able to correctly see the writing on the wall, I will translate that to say that Crypto IS the future!

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