Browsing Tag
cryptocurrency
13 posts
What is Cryptocurrency and Should Your Business Use It?
Cryptocurrency, also known as crypto, is a type of anonymous digital or virtual currency that, unlike other forms of currency, is not backed by any central authority or government. While the currency is not backed by a traditional source, like the Federal Deposit Insurance Corporation or FDIC, crypto is secure thanks to blockchain, an ongoing,...
WJR Business Beat with Jeff Sloan: Cryptocurrency Going Mainstream as Consumer Purchasing Payment Method (Episode 231)
On today's Business Beat, Jeff discusses the emergence of cryptocurrency as a common payment method and how business owners should adapt. Nearly one-fifth of the U.S. adult population — that's roughly 46 million consumers — say they will likely use cryptocurrencies to make a purchase this year, according to BitPay. Tune in to the Business...
WJR Business Beat with Jeff Sloan: Cryptocurrency Now Going Mainstream as Accepted Payment (Episode 197)
On this morning's WJR Business Beat, Jeff discusses the rise of cryptocurrency as a mainstream form of payment. According to a 2020 survey by HSB, 36% of small- to medium-sized businesses in the U.S. now accept Bitcoin. Listen to the Business Beat, below, to learn more about cryptocurrency and why your business might want to...
Millennial Startups and Savings on the Rise
Millennials are proving to be a unique generation when it comes to economics and finance. A passionate generation, millennials value meaningful work that gives them the autonomy and freedom to make their own decisions. Some millennials reach for this sense of purpose by working for corporations and non-profit organizations that align with their goals. Meanwhile,...
Don’t Be Fooled: Why Startups Aren’t Immune to Cybersecurity Attacks
It seems like there has been an onslaught of high-profile data breaches and cybercrimes reported in the media over the last year. Breaches across the U.S. and Europe have been retold and retweeted, and lax security standards of large corporations exposed for the world to read about. The reports have left businesses, both large and...
Why Yesterday is the Time to Understand Blockchain
If you’re not an enthusiast already, it’s time to start believing the hype about blockchain. In fact, it’s difficult to under-hype the significance of blockchain. It might be tempting to roll your eyes when hearing hyperbolic statements like, “it’s the most significant technological advancement in our lifetime. Or since the wheel.” But this isn't just...
7 Ways Blockchain Technology Can Help You Start Your Business
Cryptocurrency remains a hot commodity in 2018, especially as investors continue to back these digital coins or tokens. However, 2018 may evidence a shift toward the technology undergirding cryptocurrencies with blockchain. Blockchain technology holds untapped power, and many investors crave to see what entrepreneurs will build with the technology. With the capability of improving a...
Blockchain Applications for Startups and Entrepreneurs
There are so many stock phrases thrown out by bitcoin fans that it’s hard to know where to begin. One of the more interesting ones is “It’s the blockchain that’s really valuable, you know.” And that is probably true. It’s also much easier to explain than bitcoin. Essentially, blockchain is a sort of record of...
5 Financial Podcasts Entrepreneurs Need to Listen to in 2018
If you aren’t already deep into the podcast bandwagon, now is the time to subscribe to a financial podcast or two. Here, find advice from the pros on how to get out of debt, save more, invest better and generally get smarter with money in every aspect of your entrepreneurial life. No matter how old you...
Embracing the Future: Should Your Business Accept Bitcoin?
Invented in 2009, Bitcoin is a fully digital form of currency. It has gained popularity over the years, with giants like Microsoft and Dell now accepting the cryptocurrency. Bitcoin is dependent on an underlying technology called blockchain to keep your digital money safe and secure. Because it’s fully digital, there is very little government oversight,...
6 Successful Dealmakers Provide Top Tips on Raising Capital
Bootstrapping will only take your startup so far. Many businesses underestimate how much money they really need to keep going and growing, and they run out of runway. When raising capital, these investor-entrepreneurs and members of The Oracles share their best secrets, tips and strategies. 1. Soul-search For me, it’s all about enthusiasm. You need to show...
10 Ways to Grow Your Business Using Cryptocurrency Apps and the Bitcoin Ecosystem
The Internet of Things (IoT) is the current focus for many entrepreneurs and small business owners. However, the Internet of Money, a.k.a. cryptocurrency and the bitcoin ecosystem, is steadily gaining interest among companies that see it as a way to grow their businesses. Your business can benefit from the increased interest in cryptocurrency due to social...
Bitcoin: Should Your Business Accept Alternative Currency?
Bitcoin gets a lot of headlines. It’s an alternative currency and payment system, structured in a way that is both intriguing and practical. Many of those who hold Bitcoin want to use it, which could be good for your small business. Still, it has risks. The currency was invented by a software developer who goes...