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About Etherecash

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  1. It depends. For storage, I use a hard wallet. It's secure and convenient. For spending, a mobile app.
  2. in September we were surprised at 3.1k. now it's 11k, incredible
  3. The availability of capital has always been a bone of contention in the small business community. Of the many problems business owners face when it comes to lending, one of the most enduring is a lack of equality. There is a very large gap between capital available to white-male business owners when compared to women and minority owners. This diversity problem has, in turn, created a culture where minorities and women fear applying for capital. And when a 2016 Biz2Credit report indicates that women business owners are likely to receive loan approvals 33% less often than their male counterparts, the fear is understandable. Can we fix this clear inequality, or do women and minorities need to start looking elsewhere? Dissecting the Problem In an attempt to understand the problem and come up with solutions, the Small Business Administration conducted an initiative in 2016. At the end of the study, the SBA and other organizations that included the Library of Congress and Duke University’s Fuqua School of Business, concluded that the racial and gender makeup of boards was likely to affect race and gender investment recipients. The study’s findings also indicated that venture capitalists are also less likely to invest in people with diverse backgrounds. Considering the following breakdown of diversity in private equity and venture capitalist firms as detailed by TechCrunch, the future for minority borrowers seems bleak. -Only 8% of investing partners of active micro-venture firms are women -Women make up only about 7% of partners in the top 100 firms -87% of venture capitalists are Caucasian -89% of these venture capitalists are male Is the Solution to the Minority Lending Problem Diversity in Investment Boards? It is easy to think all that needs to be done is to diversify the investment boards and the minority problem will go away. But while the SBA has made recommendations to do so, there are some glaring problems with this solution. To begin with, the process of diversifying boards is not one that can be done overnight. It is a process that is bound to take years or decades before the investment community can get used to the idea. Without transparency in the borrowing process, it is also likely that the minority problem will not go away by simply diversifying the boards. Lenders have to be willing to be transparent about all aspects of the borrowing process. Regulation of the industry may come into play and that may also take years to implement. Fortunately, blockchain technology is coming to the aid of minorities by providing peer to peer cryptocurrency-backed lending. Millennials and Eliminating Bias through Tech Older millennials who have graduated into a struggling job market could very well be the next victims of the minority lending problem. Over 54% of millennials are looking to start their own businesses and up to 10% are young people of color. Without diversity and transparency in the current lending system, these young people could well have a very hard time accessing capital. But millennials more than any other group have been known quickly adapt to new technologies. Cryptocurrency, thanks to its naturally unbiased nature, may very well end the minority lending problem.
  4. TOR and VPN should help so that no one will track you
  5. Yes, every now and then when I have time I check it. it's like an addiction. you can't just don't check the price
  6. yeah, that what I thought. he seemed pretty calm. and, especially, when he lost 2 btc he was like "okay. that sucked" as if was no big deal
  7. little chance that BCH will ever surpass BTC in price. Bitcoin is digital gold after all. Bitcoin Cash is more like cash and better for transactions, though
  8. yeah, it's easy to quit when you lost everything. but when you win, it's hard to stop. you can keep earning a lot and then just lose everything in a moment. the most important thing here is cold-blooded calculations for a long-term. you should not let emotions win over you. emotions that tell you that you got to raise the bet just because you feel lucky. my friend makes a living playing poker and that's basically what he told me once
  9. you're right. chances are very slim that they can completely ban it
  10. the price will go up and down as it does today. but probably it will be less volatile. price for 1 btc will be not less than 20k. it's also possible that more governments will ban it. but I hope crypto will become a mass adoption in the end. but you never know. we will see. anyway, I'm excited about the future of crypto.
  11. @Mistletoe it was oldschool )) old Russian school )
  12. it seems I'm the oldest.. my first works on Basic.. in the school yep, "first and last program" too )
  13. @ омела белая in the grand scheme of things, the tax system is good if used effectively @Zephiera soon, Mc.Donalds & Shevron will accept payments in Satoshi, and many things will change!
  14. @омела белая Not really.. we are talking about standard tax, when you convert cryptocurrency into cash. Аlthough, "there is no limit to human stupidity"
  15. @Mistletoe This is a very funny story. "KryptoRouble" will have a "closed algorithms generation" and "moderately regulated emission". I had a feeling that the Russian government poorly understand the idea of cryptocurrency, and the usual market conditions