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Tron (TRX) is digital economy’s heart and not just the hype

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Tron
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Lots of great news about Tron have been reported lately. They have been on the Lbank exchange for quite some time already, and the countdown for their main net lunch has started, which many experts are confident that’s going to work for the coin. Tron is on the move actively. Should you invest in it because of that? Not really; there are better reasons.

It would be good for you to understand that Tron adds a lot of value to the digital economy, and it is sustainable in the competitive world of cryptocurrencies. Tron is an outstanding coin, which is good news for you. It’s designed in a way that it can cope with many of the digital economy’s pending issues. Let’s have a look at some of them.

Net neutrality

Recently, the FCC decided to kill net neutrality. Washington State (home of Microsoft, big surprise) passed a regulation protecting it. But this is not as much about politics as it is about technology. It’s about creating a web that has no centralization at all. There is a name for decentralized technology right now, it’s called Tron.

Tron’s intent is a fully democratic web space in which every creator is in control over their content. We can all keep corporations away from controlling our control (they don’t create it, anyway, we do). Tron can help with that. That is the core mission of Tron, in their Web 4.0 statement. We all have a stake in the web economy. And that will make us all relevant, not just corporations like Comcast or AT&T.

Advertising

Having ads that run in-between content become a nightmare to you? You’re not alone, it’s been happening to all of us. That’s the web content’s business model and it’s not just your headache, it’s been the firm’s headache as well. They need to find a way to give you the content you want as well as the ads they need to run.

Tron knows how to deal with this so you can get the content you want without those annoying ads. Just monetize the comments section! People read through those comments after seeing each video (or reading an article). What if the top comment has some advertising value? This way you could see your whole video, uninterrupted. Tron could make this work because transactions costs for Tron are so low, fast and it allows micropayments.

So, all in all, Tron could revolutionize the advertising industry and make your life more enjoyable at the very same time. Watch out for it!

Music

No industry has complained more about the web and the internet streaming than the music industry. Guess what? Tron could also be the solution for them!

Streaming and downloads have hit them (all the people working in the Music industry) hard, even Taylor Swift had a bone to pick with internet users at a time. So, if Taylor Swift feels it, what’s next? The Beatles? Pink Floyd? How bad could it be for musicians who are not nearly that popular?

There is still money in music. Lots of money. That’s not the problem. It’s just that it flows into corporations instead of musicians. Tron can change this by giving every artist the opportunity to control their content and monetize it. This could change things in the music industry for forever.

So, you have nothing to lose here. Supporting Tron will get us the web 4.0, better content, more accessible music that is cheap for you and profitable for artists. Why are you waiting?

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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 Jana Beamer via Flickr

Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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crypto credit cards
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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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