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Pay Attention to These 7 Bitcoin Scams in 2019

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Although some may argue that bitcoin itself is a scam, some of the top criminal bitcoin scams include malware, fake bitcoin exchanges and bitcoin ICO scams. B itcoin  - the possible Pandora's Box of the currency world - has never been short of controversy. Whether it be aiding the black market or scamming users out of millions, bitcoin is no stranger to the front page. Still, the jury is out on the legality and  usefulness of bitcoin  - leaving it in a proverbial grey area. Bitcoin's price has fluctuated throughout 2019, falling and rising, currently hovering near $10,000. Perhaps you've found bitcoin while it looks to be on the rebound and find yourself interested in it as  an investment . Download Now:  To be a profitable investor you first need to know the rules.  Get Jim Cramer’s 25 Rules for Investing Special Report However, there have been several legitimate bitcoin scams that have become infamous, and you need to know about them - b...

Facebook Launches its own digital Currency - Libra

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Facebook Reveals Cryptocurrency Plans For Two New Revenue Streams. Believe it or not, Facebook will be the company that brings cryptocurrency to the masses. Today the social network giant published detailed plans for a cryptocurrency called libra, backed by currencies from the most trusted central banks around the world, and accessible even without a bank account. Considering that only a few years ago publicly traded companies wouldn’t even mention cryptocurrency in public for fear of startling investors, the fact that one of the largest public companies in the world is creating a new cryptocurrency might seem hard to believe. But for Facebook, a company that generated $55.8 billion revenue in 2018, almost exclusively by monetizing a shared social network, the push into blockchain, a shared  financial  network of transactions, represents multiple possible new revenue streams. While top competitors in the cryptocurrency space like Blockchain LLC and ...

The World is moving towards crpto-currency and blockchain

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I write about how bitcoin, crypto and blockchain can change the world. Bitcoin and cryptocurrencies are often heavily criticized for their low real-world use, but as  the Money2020 Payments Race shows every year , it's slowly getting easier to use bitcoin and cryptocurrencies to buy things and get places. The Money2020 Payments Race sees four payments teams (Cash, Card, Crypto, Wearables) race around the world, stopping off at checkpoints along the way—and this year Team Crypto was the first to cross the finish line, though Team Mobile won on points.  While bitcoin and cryptocurrency use in the real world is still far from common, it's becoming easier to buy things and get around using crypto.   GETTY The bitcoin and cryptocurrency candidate this year was reality TV star of controversial U.K. show The Circle,  Alex Hobern , who made the 12-day trip around the world using bitcoin and cryptocurrencies exclusively to buy tickets and stay alive, tra...