Bitcoin and DeFi Will Torch Wall Street and NYC! (Rant)
For far too long Wall Street has raped and pillaged the people of the United States and the world. Wall Street steals at least 3-5% of every non-cash transaction. This is nearly a $1 trillion a year from just Americans. And for what? Just to run a simple set of inter-related databases.
Compound or MakerDAO: Comparison and Which Should You Invest In and Why
MakerDAO and Compound are two of the most interesting projects in the crypto decentralized finance space. Both projects offer collateralized loans, however they have taken different approaches. MakerDAO has followed the model of a decentralized bank, while Compound has followed a decentralized money market model. As a result, comparing Maker with Compound is a bit like comparing apples and oranges.
The first thing to know about Bitcoin, is that it is not a coin. Bitcoin is a decentralized, private money.
Are Paper Wallets Dead?
Paper wallets were considered the safest way for ordinary people to store their Bitcoin and other cryptocurrencies (I will use Bitcoin to stand in for all cryptocurrencies in the rest of the article) until around 2017. In addition, paper wallets were a convenient way to give Bitcoin as a gift. Then the advent of hardware wallets, such as Trezor, Ledger, and KeepKey, became the cool way to store your Bitcoin. Are paper wallets just a quaint historical footnote of the infancy of Bitcoin?