7 Cryptocurrency Books You Need to Know How many times have we heard about Bitcoin Cash, Bitcoin, blockchain and cryptocurrencies in the media? However, how to go deeper into the subject, or at least better understand the history of this technology? There are countless videos, interviews, podcasts, as well as articles written on the topic, including here on our blog, Instagram, YouTube channel and even on Read. Cash. However, there are those who prefer books, not only for…
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Token: what is it, how does it work and how does it differ from cryptocurrency? In the investment universe, a token is the registration of an asset in digital format. However, this term is very broad. In this way, it can vary from a customer name registration, with no commercial value, to tokens that represent real estate investments. It was the use of cryptography, and decentralized cryptocurrency networks, that drove this token market. In fact, almost everything can be…
Ethereum 2.0 and the importance of what is not seen December 1, 2020 was a milestone day for Blockchain technology . The zero phase genesis block of the Ethereum update will be generated, which will change some of its characteristics : Proof-of-Stake instead of Proof-of-Work , shardings instead of a single database and other news to allow more processing of transactions and ensure increased storage capacity . However, Smart Contracts will continue with their characteristics,…
Central Bank PIX: understand what this system is and how it works! PIX is the new instant payment system created by the Central Bank , which will take effect in mid-November. In addition to operating 24 hours a day, every day of the week , the payment method will be administered directly by the Central Bank itself. Another positive aspect is that the PIX system is not exclusive or preferred by banks, so that everyone can receive and send money, intermediated directly by the…
Do you know the main names in the crypto universe? See our top 7 Similar to the traditional market, the creators of the most renowned cryptocurrencies ended up becoming mythical figures, following in the footsteps of Steve Jobs, Elon Musk, and Mark Zuckerberg. It is difficult to know if this effect is amplified after the person becomes known, or if they already had outstanding personalities before this. The public's attention and curiosity about figures such as Satoshi…
Does Bitcoin have ballast? Bitcoin critics often repeat a mantra, stating that the cryptocurrency has no ballast, so it has no value. The North American currency, for example, has not had ballast since 1971, when the gold standard ended . At that time, it was possible to go to any bank and demand to exchange your cash notes for an equivalent, predetermined amount in gold . This forced governments and central banks to limit the amount of money in circulation, as this parity…
Is Bitcoin legal? Understand everything about currency regulation Do you know those airline miles we accumulate through spending on credit cards and loyalty programs? We all know that they are worth money, and similarly, Bitcoin is legal, despite not having specific regulations. Bitcoin and cryptocurrencies are perfectly legal, even recognized by the IRS, for taxation and declaration terms, and by the Brazilian Justice from the perspective of goods and rights. This issue is…
Scalability: a problem to be solved Before addressing the problem itself, we need to understand what scalability really is about. As much as it is a word that is part of the daily life of those who are inserted in the crypto market, “scalability” is not such a common word for other people. Scalability refers to the extent to which a technology or service is able to reach as many users as desired, maintaining the quality of the service. A practical example of scalable…
Tips for making money with Bitcoin It is very common for someone to start in Bitcoin with expectations of making money, and fast. After all, it is not every asset class that achieves returns of 100% or more in a single week. The problem is that in addition to the expectations of unreal gains, scammers appear, people who take advantage of the population's ignorance , with promises of easy money. We need to make it clear that there is no way to make money without working,…
Gold stablecoin? Meet PAX Gold Although stable coins have emerged as currencies matched to the dollar, this same concept can be applied to other assets. Gradually cryptocurrencies matched in euros and yen, and more recently it was the turn of gold. Most stablecoins work with the physical ballast system in a 1 to 1 ratio, that is, for each currency issued, there is an equivalent dollar in their reserves. In the case of gold, it is possible to maintain this ballast in physical…
How to declare your digital currencies in income tax When should the declaration be made? According to the latest Federal Revenue report, the deadline for filing the Individual Income Tax Declaration was **postponed to June 30, 2020** . For those who **exceeded R $ 35,000 in sales in a given month** , and made a profit, the payment due by means of the carnage-lion is the last business day of the month following the event. For gains of up to R $ 5 million, the rate is 15%. In…
Can Ethereum debunk Bitcoin? Check out our review Although both Ethereum (ETH) and Bitcoin (BTC) are cryptocurrencies, they do not compete directly in the same segment . Both use blockchain, the decentralized database technology, but Ethereum has additional layers to store more information , in addition to the balance available at each address. Ethereum's goal is to be a platform to automatically run decentralized applications through a shared infrastructure. In this way it…
Profitability and liquidity: understand how they apply to cryptocurrency exchanges How to calculate profitability? One of the most common mistakes made by investors is the calculation of profitability. Should taxes and fees be taken into account? Should fixed income investments be discounted from inflation? There are several issues that can easily lead to the theoretical return of an apparently profitable application to negative territory. This is especially true in…
What is investment liquidity? Let's imagine an extreme situation, the mansion of Lily Safra, widow of banker Edmond Safra, on the French Riviera. The 80 thousand square meter property is valued at approximately 500 million Euros, equivalent to R $ 2.9 billion . Although it has an indisputable value due to its privileged location, selling such a property is not so simple . Now we understand in practice what liquidity is: the ease in disposing of an asset, without loss of…
Is Bitcoin quoted in dollars? Get to know USDC A common investor question is the correct currency to analyze Bitcoin, as it is traded freely around the world. To further complicate the situation, it is not possible to measure the volume traded in China, as local exchanges were banned there in 2017. Anyway, the available data indicate that the Dollar leads absolutely, especially through the stablecoins, cryptocurrencies paired with the American currency. Could it be said that…
what is a stablecoin, how and when to use it Imagine a cryptocurrency whose price is always very close to 1 dollar , this is a stablecoin, whose literal translation is “stable currency”. You combine blockchain transparency and security with fiat currency stability. This technology can be used for any other type of ballast: gold, Euros, oil and even the S & P500 index. What guarantees this parity is the purchase of the real asset on behalf of the administrator responsible for…
USDC: Understand now what this stablecoin is and how it works! As we learned in the **Practical Guide: what is a stablecoin, how and when to use it** a stablecoin is a cryptocurrency whose price is always very close to 1 dollar, or in literal translation, a “stable currency”. You combine the transparency and security of the blockchain with the stability of fiat currencies, those currencies we know and use daily.…
How to be a professional trader and achieve success in the financial market What does a trader do? How is the daily life of a professional trader? Operating financial markets is no longer inaccessible, as in addition to the homebroker, electronic access to the trading platform, the investor now has several tools and sources of information, which were previously extremely expensive or simply inaccessible to the general public. But after all, is it possible to work from home,…
Is Bitcoin Safe? Learn why people are increasingly interested in this currency When it comes to investment, the first question that comes to people's minds is security. After all, there is no point in obtaining a spectacular return, if in the middle of the road there is a risk that the asset will cease to exist , or that a competitor will emerge that totally destroys its value. What is a safe investment? Is Bitcoin safe? What are the risks of cryptocurrencies? Let's take an…
Halving: understand what it is and how it can affect the value of Bitcoin It may seem simple: halving is the reduction in half in the issuance of new Bitcoins , that is, something equivalent to the reduction of inflation. This event is very rare, as it occurs every 4 years, the next one being around May 12, 2020. You can follow this counter at: bitcoinblockhalf.com Although it is very cool in theory, what is its practical effect? What changes in the user's daily life and why…
Understand what data API is and its importance in digital security You have probably seen the term "Data API" on investment or brokerage websites, even on the Bitcoin Market itself. From a literal point of view, API means " Application Program Interface ". Despite this, the acronym does not tell us much about exactly what an API is, and how it can improve your investment experience and the security of using platforms. What is an API An analogy that we saw recently on the…
Bitcoin and blockchain: after all, what is the relationship and difference between them? There is a lot of confusion between blockchain and bitcoin , after all, both seem inseparable. A second problem is the difference between DLT, or Distributed Registration Technology, and the blockchain itself. Rest assured, the Bitcoin Market team has come together to create didactic and uncomplicated content so that you can develop yourself more and more in the world of crypto and real…
Learn why diversify your portfolio with consortium tokens If you are going to listen to investment advice, Ray Dalio is certainly one of the most qualified people for this. Its fund, Bridgewater Associates, has $ 160 billion in assets under management. Dalio's personal fortune is $ 18.7 billion. And as one of his main pieces of advice, he teaches that “diversifying well is the most important skill for investing well”. With that in mind, the consortium token arrived in the…
Income tax: how to declare crypto Every year we receive the same question: "do I need to declare my crypto?" And to clarify this and the main doubts of our customers, we have gathered the main doubts in this article. In addition to recording an interview with the lawyer Thiago Barbosa, from Ogawa, Lazerotti & Baraldi Advogados to clear the basic doubts on how to declare your income tax crypts according to the law. Come with us! 😉 1) Who should declare cryptography? Strictly…
Bitcoin transaction: everything you need to know On February 5, 2020, the Bitcoin network reached an impressive indicator: 500 million **transactions were approved** since it started operating in 2009. It has been operating for more than 10 years with no flaws in its code, and each of these transactions was properly recognized and validated. To understand how this is possible, and how transactions on the network work, let's first explore what Bitcoin is. Before starting, an…
Is read.cash Dead is Read.cash Dead @Read.Cash no more active member no more great post no more up vote and no more readers the reason why I wrote this post because when i first join read.cash although the platform dont not have most or more active members it was great people read you articles even share your post online and even comment if they think there is something you can improve or to add to the post but now all that is no more ; no body comment ,read or upvote . this…