Cryptocurrency Is Here to Stay

Cryptocurrency Is Here to Stay
March 29, 2021 Comments Off on Cryptocurrency Is Here to Stay Local Politics, RNHA News Articles Diane Rivera López

Cryptocurrency is transforming our way of selling, purchasing, and doing business. Cryptocurrencies gained in popularity as a medium of exchange because they are digital, encrypted, and decentralized. The current, market value of the Cryptocurrency industry is 1 trillion USD. Unlike the U.S Dollar or the Euro, there is no central authority that maintains the value of cryptocurrency. The value of cryptocurrency is completely market drive via the users of the specific cryptocurrency on the internet.

Cryptocurrencies use cryptographic storage and transmit data in the form of transactions that are closely verified then recorded by blockchain soft-where. Blockchain records transactions in “blocks” linked together on a chain of previous cryptocurrency transactions, giving way to a new and easier method of performing personal investments and business transactions. A blockchain gives individuals who use cryptocurrency their own copy of this book to create a unified transaction record.

Even big tech giants like Tesla and Facebook are jumping on the Cryptocurrency wagon. In a Securities Exchange Commission filing, Elon Musk’s Tesla revealed that it has bought $1.5 billion worth of Bitcoin and will soon accept Bitcoin as a payment method for products in the future. Bitcoin checks each transaction using one of two main validation techniques: proof of work or proof of stake. Facebook developed a cryptocurrency called Libra, which it announced on June 18, 2020. The cryptocurrency Libra allows the user to access and send money to others with nearly zero fees. Libra’s cashout feature allows the user to access it using third-party wallet apps or the Calibra wallet that Facebook installed into WhatWhatsApp, Messenger.

Keep in mind that if you are thinking of getting into this venture to store and save your password safely. German Programmer, Stefan Thomas, who lives in Silicon Valley, made headlines this past January after losing his password rendered his bitcoin fortune worth $220 million inaccessible. Insider reported Thomas stored his 7,002 bitcoin fortune on an Iron Key Device, which gave owners 10 chances to guess their password before encrypting the contents. Mr. Thomas only had two attempts left to guess correctly before it would lock him out. This misfortune left many Bitcoins worth 140 million dollars inaccessible to their owners and investors.

Best Cryptocurrencies as of 2021

  • Bitcoin (BTC) The granddaddy of all cryptocurrencies, Bitcoin was first and is the most well-known cryptocurrency on the market. 
  • Ethereum (ETH
  • Ripple (XRP)
  • EOS (EOS) 
  • Bitcoin Cash (BCH) 
  • Litecoin (LTC).
  • Chainlink (LINK)
About The Author
Diane Rivera López Diane Rivera López was born and raised in the heart of Midtown Manhattan on 58st and 9th avenue. Her parents were born in the beautiful Island of Puerto Rico, her extended family members are unique since they have a mixture of Countries such as the Colombia, Dominican Republic, Ecuador, Philippine, African American, Vietnamese and the latest edition of the Country of Ukraine. In 1993, unfortunately she experienced a tragedy in her life and was gun shot 4x, in a Domestic Violence assault, God gave her the opportunity to live and refusing to be a victim she became an overcomer. After two surgeries in 1993 and another in 2008, one of the bullets that had remained in her hip was removed in 2008, having left her with a high level of 64 Lead Poisoning. In that time period the lead level had placed a strain on her ability to read and write, thankfully she has recovered and walks normally, even without a cane! Diane has continued to strive and excel in becoming a great example of perseverance, overcoming life’s greatest challenges with the greatest yet simplest acts of love, braveness and forgiveness. She has turned her experiences into purpose, an began working as an activist and conference speaker for Domestic Violence. Her ministerial and community outreach service started in 1996 in her local church in Spanish Harlem, serving as a Sunday School Bible teacher for children, an organizer and leader in the youth club of her church. She then became the secretary of the church and a deacon for the next 5 years. In her love of writing she joined a ministry as Director and Writer, in Trumpet Tract Ministries for 7 years, where she printed thousands of tracts, and together with the founder sent them across the tri-state area, to several other states as well as various International Countries. She has coordinated and assisted in many outreach community events, street evangelism, and for 3 years organized a gran festival celebrating the diverse cultures in the community. In that time, she also became the assistant coordinator of the N.Y Christian Children’s Parade for 10 consecutive years. Her community service extended as a community Chaplain, where she continued to minister and led conferences in several prisons in the Dominican Republic and provided counseling and bible classes in two drug rehabilitation programs in N.Y. Her love for speaking was best heard as a speaker and fundraiser at Christian Radio Vision International at 1330 am, for seven years. She also produced her own weekly T.V program on Manhattan Neighborhood Network for 3 consecutive years, as well as stared in a play that had several presentations at the auditorium of City College. Her speaking engagements range from social issues with diverse conferences or being a host for several events, as well as a guest in many television programs, such as Cristiana in Unívision. In her love of writing she is currently a writer and part of “Subete al Arca” Christian Magazine, as well as the previous Director of “The Gala Magazine” of the Redemption Awards, where was a publicist. For the last 3 years, she is an account executive at Alerta T.V Network, which airs 24/7 on Verizon Cable, channel 463. She is presently working on her first book, which will have an array of current topics as well as her personal life story, believing that it will be of great inspiration, among several blogs she has written up to date. Her newest endeavor is as a Logistic Coordinator at CAC Investment. In 2013 she became the Deputy Campaign Manager for a Mayoral Candidate in the state of N.Y. In her boldness and search to fit in her conservative values, she left the Democratic Party, where she had been a County Committee Member, stating that there was no room left for Christians that hold conservative values. In her newest accomplishments, she is a columnist at Al Rojo News a local secular newspaper distributed in the area of N.Y.C. Honored with 2 Certificates of Merit from the New York State Senate and New York State Assembly, among other certificates of recognition, she humbly gives God all of the Glory and Honor. She studied Communications at BMCC for a few semesters and is a few credits shy of a Bachelor’s in Theological Studies. Yet, she has said that her greatest accomplishment is said to be her experiences and revelations from the book of Revelations, the Rapture, and the Kingdom of God, so as several miracles she received throughout her life, being forever grateful. As a Journalist for the Republican National Hispanic Assembly, she is honored to be a part of the great change that our Country needs, as well as the preservation of those principles and values that we hold dear to, aiming to be part of our great American Dream.
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