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Apple’s Steve Wozniak Gives His Crypto Predictions

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Steve Wozniak
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One of Apple’s co-founders, Steve Wozniak, stated recently that he would join up a new crypto startup. He also spoke about cryptos in general, stating that he is excited about their future, and explained why.

Steve Wozniak excited about the future of digital currencies

In a recent interview, Apple’s Steve Wozniak, who is a well-known computer engineer, as well as one of the company’s co-founders, stated that he likes to keep up with modern technological advances. This is the reason why he was initially drawn towards cryptos. Later, when he uncovered the new and interesting aspects this technology, and Bitcoin in general, his interest was peaked even more.

Bitcoin doesn’t have a known creator, nor is it controlled by a centralized authority. It is entirely based on mathematics, which is one aspect that impressed him in particular. To him, math is like nature, and he trusts it completely. While people can make things up, control them, manipulate them, and alike, math is always true and honest, which is something that can be said for Bitcoin as well.

Steve Wozniak is known to have been the right-hand man of Steve Jobs himself, and the two founded Apple through shared effort. They founded the company back in 1976, when Jobs was handling the entrepreneurial part of the project, while Wozniak was in charge of the tech-related aspects. They continued to work on the company and got it through the first five years that were critical for its survival. By 1985, Wozniak left the company and had focused on other things like philanthropy, various investments, and he even became a host for pop music shows. Eventually, the world started to view him as an early computing world’s ambassador.

Cryptos are like the early internet, says Steve Wozniak

As such, the crypto world was anxious to hear what he thought about the crypto world and cryptos in general. As a very reputable and respected figure in the world of technology, many believed that his words on the matter might even dictate the future of this technology. If nothing else, his perspective was invaluable to them. Eventually, he decided to speak about them, and he did so at the Chainxchange blockchain convention.

He seemed more than excited about cryptos, as well as Bitcoin itself. It would seem that the biggest impression on him was left by the independence that cryptos have expressed so far. He even compared them with the early days of the internet itself. He stated that technology behind cryptos is amazing to him, and what was even more amazing that almost every branch of business these days either already uses some of the crypto products, or they are considering using them.

He also said that he sees value in this technology, which is not something that everyone is capable of. The current state of cryptos reminds him of the early internet in this regard as well. Finally, he briefly touched upon the new crypto investment group, going by the name of Equi Capital. He mentioned that he will be involved in the group and that this would be his first project of this kind.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Gage Skidmore via Flickr

Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social
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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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