SwiBank Account or Bitcoin?

Swiss Bank Account or Bitcoin?

“Money, money, money must be funny in the rich man’s world,” are some of the lyrics we can hear in an iconic song by Abba. And the rich man’s world is often associated with a “Swiss bank account.” Why is it so attractive? Is it really just for millionaires? Can Bitcoin or other cryptocurrencies fulfill…

Bitcoin and Changes in the World

The Great Depression created a huge downturn in the economy and caught many investors off guard in 2008. The preceding years were so prosperous that many made the mistake of thinking this would go on forever. Interestingly, the Bitcoin white paper was published in 2008 and the Bitcoin blockchain was launched shortly afterwards. Those who…

Libra vs. Bitcoin: What Are the Differences?

Libra vs. Bitcoin: What Are the Differences?

Facebook reported around 2.6 billion users at the beginning of 2020. No wonder Libra, the payment system backed by Facebook and two dozen supporting technological and financial companies, is touted as a financial system for billions of people. Libra is often compared to Bitcoin. Are these comparable? Let us look at the differences between Bitcoin and Libra.

How to Profit From Crypto

How to Profit From Crypto

You might have heard about people who made a killing in the crypto world. Are these days over or is it still possible? What approaches can you use to profit from crypto? The world of cryptocurrencies is still relatively new, it is evolving very fast, and brings in opportunities that have never been here before:…

Bitcoin or Gold or Fiat Money?

Most people know that their hard-earned money loses value over time. The reason is simple and sobering: The money we use for payments is not backed by gold or anything else anymore; it is based solely on trust. And the governments just print the money out of thin air. What will serve you better: Fiat…