Skip to main content

Crypto Facts

Xapo, the Swiss-based cryptocurrency wallet and vault service provider, stores more than $10 billion worth of bitcoin in its cold wallets managed offline in safe Swiss vaults. According to Bloomberg, more customers have stored bitcoin in Xapo’s vault than 5,670 banks in the US. ~ ccn.com
Labels:

Comments

Post a Comment

Popular posts from this blog

Cryptocurrency Explained

Compared to Stocks and Bonds The investment case for cryptocurrencies is weak. Unlike stocks and bonds, currencies generate no cash flows such as interest payments or dividends that can explain their prices. National currencies derive their prices from the underlying economic activity of the countries that issue them. Cryptocurrency prices, on the other hand, are generally not based on economic fundamentals. To date, their prices have depended more on speculation about their eventual adoption and use. ~ Joe Davis, Vanguard economist via ccn.com
Post a Comment
Read more

Exploring Coins.ph? Not Exactly A Review.

Buzzing among the apps in the Philippines, Coins.ph is a payment app and bitcoin exchange in the Philippines. It acts as a digital wallet that one can use to pay bills online, send remittance, and buy and sell cryptocurrencies. This service is available on the Web and via its app on Android and iOS. What is Coins.ph exactly? Coins.ph was founded, I presume, with bitcoin in mind. Bitcoin is a cryptocurrency; crypto because it is encrypted. It is encrypted to make it safe and hack-proof. If US has a dollar currency while the Philippines has the peso currency, the global Net has bitcoin (among others) as its digital or virtual currency. To use bitcoin, you have to be part of the Bitcoin network. To be part of it, you have to have a bitcoin, first and foremost. To access the Bitcoin network, you have to have a digital wallet. So, where do you get one? Enter Coins.ph. In the Philippines, coins.ph is the source. To use Coins, you have to go to its website, which is coins.ph, or dow...
Post a Comment
Read more