Child sex trafficking organizations set the record straight on QAnon conspiracy theories – Upworthy

"Over 800,000 kids go missing in the U.S. every year! Child sex trafficking is the REAL pandemic. #SaveTheChildren #SaveOurChildren #ChildLivesMatter #Pedogate #Pedowood"

If you've been on social media in the past month or two, you've likely seen memes or posts to this effect. And if you're a person with a conscience, it likely caught your eye. Children being trafficked for sexthat's horrible!

Yes, it is. It's absolutely horrible. Child sex trafficking is basically the worst thing human beings can do, no question. But what do those #Pedogate and #Pedowood hashtags mean?

Yes, those. Unfortunately, they point directly to a QAnon-perpetuated conspiracy theory in which the world is being controlled by an elite global cabal of pedophilic Hollywood celebrities and high-level politicians (including Tom Hanks, Oprah, Hillary Clinton, and more) who secretly traffick, abuse, and torture children so they can harvest a fear-induced hormone in their blood to make adrenocrhome, which they consume to keep them young and/or imbibe during their drug-crazed Satanic rituals.

What?! That's crazy.

Yes, it is. It's absolutely crazy. But there are a baffling number of people who believe it, including people who will likely soon be serving in Congress. Many of these people are sharing the #SaveOurChildren and #ChildLivesMatter hashtags right along with #Pedowood and #Pedogate. They conflate this huge number of missing kids with the issue of child sex trafficking, and then point to the celebrity/politician cabal conspiracy theory in the same breath, as if it's all the same thing.

It is not.

The reality is that child sex trafficking is a multi-billion dollar, heinous, disgusting, global industrybut it's not new. It's not a sudden and massive crisis that "the media" is ignoring or that governments and NGOs aren't addressing. Unfortunately, QAnon believers have pushed a lot of misinformation and misleading information into the awareness surrounding this issue that needs to be corrected.

To get to the heart of what child sex trafficking really looks likeand to be thorough in the debunking of QAnon's child trafficking theorieswe spoke with organizations whose work centers around stopping trafficking and protecting missing and exploited children.

A common question people who have been sucked in by the QAnon world ask is: How do you know it's not true if it's never been investigated?

Some things are simply too ridiculous to be entertained, which honestly should be the case with the QAnon cabal theory. But since it's somehow slipped into the mainstream, it has to be addressed head on.

So I swallowed my pride and directly asked anti-trafficking organizationsthe people who specialize in this subject and are intimately involved in investigationswhether or not there was any truth to the theory. It was humiliating, frankly, but I straight up asked them: "It's a known fact that child abusers often hide in plain sight and that high-profile people can be abusers. Based on your work, have you seen any evidence that there is a global cabal of pedophile elites who traffick children in a coordinated underground effort to harvest adrenochrome?"

Across the board, the answer was "No."

I also asked this question: "Pedophiles and traffickers sometimes use coded symbols and code words in their communications with one another. Is there any official documentation that the words 'pizza' or 'hot dog' or 'sauce' have been used for such a purpose? (Or more directly, are the Wikileaks emails evidence of child sex trafficking?)"

Again, the answer was no. Of course.

(For those new to Conspiracyland, the code words question came from the claim QAnon folks make that the FBI has a list of code words and symbols that support the Pizzagate theory, which posits that Hillary Clinton and associates were discussing their dastardly pedophile deeds in code wordspizza, sauce, etc.via emails released by Wikileaks. The FBI has documented known pedophile symbols, but none of the supposed code words in the Wikileaks emails are listed among them And the Washington D.C. police have called Pizzagate "a fictitious online conspiracy theory.")

Erin Williamson, VP of Global Programs for Love146an organization that has been working with sex trafficking prevention and survivor care for 17 yearssays that conspiracy theories like this just makes more work for the people trying to do the work of educating the public.

"If somebody comes to know trafficking and has no preconceived notions of what trafficking is, you're starting with a blank slate," she says. "You can build from zero. But if someone's coming to the trafficking movement or approaching this issue with preconceived incorrect information, then first you have to get them to the point where they realize all of the information that they've learned thus far is inaccurate before you can start building the accurate information. And it just is going to take so much longer to get people to a point where they actually understand what this accurately looks like."

A national organization that asked to remain anonymous (understandable, considering how my own inbox fills with people accusing me of being a pedophile each time I write about how QAnon is bunk) told Upworthy, "Questions like this distract from the realities of how sex trafficking actually occurs. Offenders do often communicate in code but we haven't seen any such official documentation and don't consider the Wikileaks emails credible. Unfounded conspiracy theories minimize, distract and draw valuable resources away from the tireless work being done by child protection advocates on the ground."

The Polaris Project, which runs the National Trafficking Hotline, offered an example of how resources get usurped by these theories. Last month, a rumor started circulating in the QAnon sphere that the Wayfair website was being used to traffick children because someone spotted an strangely expensive cabinet with a female name.

"The Wayfair theory resulted in online harassment and privacy intrusions of people mistakenly believed to be victims, as well as broad sharing of online sexual abuse material of actual victims who have not been connected in any way to Wayfair," Polaris told Upworthy. "This harm is real for survivors who want to maintain their privacy, victims who are being re-exploited by broader distribution of their abuse materials, or bystanders whose lives can be overwhelmed by the actions of potentially well-meaning online communities."

In addition, Polaris adds, "Conspiracies distract from the more disturbing but simple realities of how sex trafficking actually works, and how we can prevent it."

But isn't awareness about child sex trafficking a good thing, even if it's not all factual?

Love146's Erin Williamson says no.

"In the short term, it might make people aware that there is an issue of child trafficking that exists," she says."But if that doesn't lead to somebody actually engaging with the issue and taking effort to join the movement to actually effectively eradicate the issue, then no. It's harmful. It's just a bunch of white noise that's sucking up resources."

"The question really is how many of the people are going to, as a result of this, actually have enough concern about child trafficking that they do more research, effectively realize what the issue is about, and then consistently or actively engage in addressing it," she adds. "And I don't think we fully know the percentage. My concern is that that percentage will be pretty low."

Perpetuating these kooky cabal theories does more to hurt the child sex trafficking cause than to help it.

But what about all those missing children then?

Every organization I spoke to pointed out that there are no hard and fast numbers because there's no way to know exactly how many kids are being trafficked or exploited beyond what gets reported. We know that a lot of exploitation doesn't get reported, but most kids who go missing do get reported somewhere.

Two organizations pointed me to the National Center for Missing and Exploited Children (NCMEC) for missing children statistics. The NCMEC states, "According to the FBI, in 2019 there were 421,394 NCIC entries for missing children. In 2018, the total number of missing children entries into NCIC was 424,066." They clarify that this number represents individual reports of missing children, not the number of missing children themselves. If a child runs away multiple times in a year, each instance is counted separately and included in the yearly total, so the total number of missing children is likely less than those total numbers.

That's a lot of children; however, the vast majority of missing kids make it back home pretty quickly. Think of kids who run away to a friend's house and the parents can't find them, kids who get lost temporarily, or kids who get taken or not returned by a parent in a custody dispute.

The kids who don't return home and who are at risk of exploitation are where NCMEC comes in. In 2019, they assisted law enforcement and families with more than 29,000 cases. Less than one percent of those were non-family abductions, so the idea that loads of kids are just being snatched out of nowhere and sold for sex is totally inaccurate. In addition, NCMEC reports that 91 percent of those cases (around 26,300) were endangered runaways, and of those kids, 1 in 6 were likely victims of child sex trafficking. One is too many, of course, and these numbers are significant. But they're nowhere near 800,000.

Statistics come in various forms, of course. The Polaris Project, which runs the National Trafficking Hotline, tells Upworthy, " In 2019, the National Human Trafficking Hotline reported 2,582 underaged individuals involved in trafficking situations (all types)." However, they note, "It is incredibly important to note that these figures cannot be construed as prevalence."

Again, one child is too many, and these statistics only represent a fraction of the problem. Sharing these numbers is not meant to downplay the issue at all, but rather to explain that there's no real basis for the idea that 800,000 kids go missing and get sucked into child sex trafficking each year in the U.S.

So where did that number come from? There were some articles in the early 2000's that cited numbers close around 800,000. But the most recent statistics are shared above.

Numbers are always a bit fuzzy. What we do know is that children are being trafficked and exploited. Far too many, far too often.

Child sex trafficking is a complex industry. Sometimes it looks like children being physically transported place to place and being bought and sold for sex. Sometimes it's kids being used to create child pornography. Sometimes it's a drug-addicted parent renting out their children to get money for their addiction. Sometimes it's teens recruiting other teens to engage in sex or create sexual images for money.

Love146's Williamson explained that trafficking can look very different in different parts of the world.

"We run a program in the Philippines, and most of our children come into that program under 10," says Williamson.. "We've accepted kids under the age of one into that program. In those situations, it's really familial a lot of times, and a lot of what is happening is happening over webcams. You'll also see reports of labor trafficking happening in other countries at very young ages.

"What we see in the United States and what we're working with is different. We're not seeing as many under 10 year olds trafficked. I'm not saying it doesn't happenit does. But more of what we're seeing are adolescents. Preteen and teenagers who are being groomed and recruited, and while some is familial, a lot is not familial."

Williamson explains that the term "runaway" is a bit of a misnomer because some runaways are teens who get pulled away from home by traffickers in sneaky ways.

"Part of what traffickers do is they recruit and groom," she says. "They engage in a relationship for the purposes of exploiting this kid for trafficking. So it can appear that a kid is running away, or choosing to leave their house willingly, but it's actually an intentionality on the part of the traffickers to make it appear that way...to make it appear that way to law enforcement, to the parents, and to the child themselves. So the child says things like, 'I chose to go, I chose to meet up with so and so who I met online, or to meet up with so and so who I met in the park.' So again, even when we talk about the term runawaythey're really being groomed and recruited away from their home."

One common theme among the organizations I communicated with is that there are well-known conditions that greatly increase a child's chances of being trafficked.

Polaris Project says:

The anonymous organization also explained that certain conditions make kids more vulnerable. "Certain kids who are homeless or runaways, belong to certain minority groups, and who have contact with the child welfare system are particularly vulnerable to this type of exploitation."

Polaris also points out, "In the case of child sex trafficking in particular, the vast majority of victims know their traffickers and trust them. They may be professional traffickers who carefully groom young people on line and lure them into trafficking situations. They may well also be their parents, or other family members or trusted friends."

Learning about the realities of child sex trafficking is the first step. The issue is complex and multi-faceted, but just because it's not simple or easy to solve doesn't mean there's nothing we can do.

One active thing we can do is what trafficking looks like.

"Trafficking is rarely perpetrated by a total stranger who kidnaps children," says Polaris Project. "What we frequently see through the Trafficking Hotline are stories of people being trafficked by intimate partners, family members, and others that they know and may even love and trust."

We can also make sure kids we are in contact with know that we are safe people they can go to if they are in an unsafe situation.

"When we talk to kids, it is always the little things that made the difference," says Love 146's Williamson. "It is always the neighbor who asked how they were doing, who then they realized was a safe person, that they could eventually talk to about what was happening to them in their house. It is always the teacher who they would curse out who would say 'I'm still here for you whenever you need something.' It is the little things that make a difference in a child's life."

Williamson also points out that the systemic issues we debate over in our society also impact child sex trafficking, and addressing those issues will help reduce the vulnerabilities that lead to exploitation.

"For most of us who have been working in this field long enough, there's now a general recognition that we're not going to arrest and prosecute our way out of this issue," she says, "We've tried that. That isn't happening. We need to go upstream. We need to deal with all of the things that make people vulnerablethe inequalities, the racism, the sexism, the homophobia. We need to address all of these issues that have all sorts of consequences, of which trafficking is one of them. It takes a while to get somebody to understand how this is all interrelated.

So when I hear somebody say, 'Black Lives Matter? What about children's lives? There's been a couple of quotes like that. 'Why are we marching for Black Lives Matter? Where's the outcry for trafficked children?' and comparing those two. First of all, this is not a dichotomywe should be addressing all of this. And my thing is when you look at the statistics, especially here in the United States, trafficking is disproportionately affecting children of color. And so racism is at the heart of both of these issues, when you're talking about the disproportionality of violence against people of color. So it's not an either/or. It's actually a yes/and. Which is why we have to go upstream and start addressing some of these systemic issues."

To learn more about the real issue of child sex trafficking, check out these organizations' websites:

Polaris Project

Love146

The Exodus Road

ECPAT-USA

Child Rescue Coalition

Thorn

Operation Underground Railroad

International Justice Mission

From Your Site Articles

Related Articles Around the Web

See the article here:

Child sex trafficking organizations set the record straight on QAnon conspiracy theories - Upworthy

Cryptocurrency Trends to Watch in 2020 – NuWireInvestor – NuWire Investor

Most people will readily agree that 2020 has been a tough year. However, in the midst of all the troubles, at least one thing has been flourishing in these trying times: cryptocurrencies. The financial world is a mass of crazy ups and downs right now but cryptocurrency as a whole keeps trending up. It is the perfect financial vehicle for these times of volatile change and the uncertain future ahead. If you are interested in jumping on the cryptocurrency bandwagon or are already on it and looking for what may be ahead, here are five cryptocurrency trends to watch in 2020.

The biggest trend in cryptocurrency to watch in 2020 is a consistent direction upward. That is the way cryptocurrency is headed in 2020 and beyond. There is a lot to like about cryptocurrencies and in 2020, they are clearly gaining importance around the world. Cryptocurrency is more secure than fiat currency. It is more private. It isnt backed (or manipulated) by a central bank or government. It also is not subject to the mountains of fees that financial institutions attach to traditional currency.

The biggest reason cryptocurrency is growing in popularity is that it provides simple answers to all the biggest problems with currency as we know it. But, thats not all. It is becoming one of the easiest ways to conduct international transactions, a major consideration in our increasingly globalized society. It also is volatile which some may look at as a negative but many traders and investors see this as a new, exciting frontier with huge profits to be made in a short amount of time. Cryptocurrency lovers all have their own reasons for loving it but what cant be denied is that more people are in that category all the time.

In addition to the increased popularity creating new crypto fans all the time, people are beginning to see the potential in this market and are creating new cryptocurrencies all the time. In 2009, there was one cryptocurrency, bitcoin. Nine years later, that number has jumped to just under 2,000. Today, in 2020, that number has more than doubled : there are over 5,000 cryptocurrencies in existence. Companies, governments, and entrepreneurs are all trying to get into this trend and create their own cryptocurrency that can take the world by storm like bitcoin.

New cryptocurrencies are appearing seemingly every day and the major trading platforms are adding new cryptos all the time. Many of these new currencies will come and go but there are big hits as well. In June 2020, Compound released a new cryptocurrency and in the first week, it rocketed to a $2 billion valuation. Even smaller new currencies have found love from investors, though. Not everyone can buy bitcoin at its 5-figure price tag so new cryptos that start small with the potential to grow are exciting too.

The quarantine that has resulted from the global pandemic has created an army of day traders around the world. While the majority are flocking to the stock market, many of smart and adventurous day traders are gravitating to the cryptocurrency market. According to Cove Markets, cryptocurrencies are particularly attractive to day traders for a variety of reasons. Traders have access to markets 24/7, different types of cryptocurrencies to trade, and different ways to trade them.

The biggest reason cryptocurrencies lend themselves to day trading so well is the volatility. Day trading is all about making (usually) small profits in a short amount of time. The way cryptocurrency fluctuates, opportunities for enormous profits appear in a very short amount of time. Of course, There is also the opportunity for big losses, so investors and day traders have to be careful. If you do your research, though, and pick the right coins, crypto day trading can be very lucrative.

When you talk to, listen to, or read the cryptocurrency naysayers, you will hear the same refrain over and over again. They say that cryptocurrency is all speculative and only has perceived value. Critics say it is just a fad because you cant spend it like cash. In 2020 this is changing in a big way. More companies are getting involved with cryptocurrencies and letting consumers use it as a form of payment. Companies like Microsoft, Overstock.com, AT&T, and BMW have all put systems in place (either their own or with a third-party) where they now accept cryptocurrency as payment.

The original crypto, bitcoin, has been around long enough now that it is starting to gain real value and staying power. Even though it is still volatile compared to fiat currency, it is stabilizing a bit as the financial markets start to understand it more. Stablecoins, a cryptocurrency that is backed by some sort of tangible asset is growing and makes sense as a crypto with purchasing power. Some experts believe that if Libra, the Facebook cryptocurrency, gets off the ground soon, it could be a game-changer for people using cryptocurrency in everyday life.

As mentioned above, cryptocurrency is secure, anonymous and free from financial and government regulation. Many investors love these factors about cryptocurrency but so do criminals. Cryptocurrency has become very popular with criminals and terrorist organizations thanks to all the privacy features. To help stop this and lend some level of oversight to the current Wild West feel of the cryptocurrency markets, state governments around the U.S. are starting to put regulations on cryptocurrency. The federal government and other governments around the world are sure to follow in 2020 and beyond.

Whether these regulations are truly being placed on cryptocurrency for the stated purpose of thwarting criminals from using it remains up for debate. Many cryptocurrency fans will tell you that this story is just a cover for governments to get their piece of the cryptocurrency pie and exert more control. Either way, the regulation trend is something to watch in 2020.

In 2020, cryptocurrency is entering its second decade of existence. It is becoming more popular, mainstream, practical, and regulated now. Where it goes from here is anyones guess but watching these trends, it is sure to be interesting.

Read more:
Cryptocurrency Trends to Watch in 2020 - NuWireInvestor - NuWire Investor

Cryptocurrency Prodigy, Joseph PlugWalkJoe O’Connor, Is Helping People Everywhere Master Crypto – AiThority

Ascend Agencyare going to cover about Joseph PlugWalkJoe OConnor, a cryptocurrency expert, advisor, and forecaster who has mastered the world of cryptocurrency trading, wants people everywhere who are intimidated by crypto to understand that this digital currency is the currency of the future.

Having created a universal money-exchange system based on blockchain with a public ledger, cryptocurrency is so new to the world, that many people fail to understand its the most valuable investment they can be making today.

Recommended AI News: Bidalgo Transforms Ad Creative Production and Analysis With the Launch of Creative Center

The entire cryptocurrency market is worth$267 billion, paying testament to the investment value of this kind of currency, said OConnor. Ive explored the ups and downs, and the volatility of these markets. I am passionate about sharing what I have learned with as many people as possible so they are pepared for the future of currency.

OConnor describes himself as a blockchain enthusiast and digital entrepreneur. He has made $50,000 from selling configurations to date, as well as endured the blockchain plummet of November 2018 when the value of blockchain dropped one-third in just weeks. During those times, OConnor lost $20,000 in just one week, teaching him everything he needed to know to become an investment advisor.

Recommended AI News: Facet Digital Transforms Business Operations With Couchbase Cloud

Today, OConnor is providing his cryptocurrency investment advising services to all of those interested in getting started.

There were of course some scary moments being part of the first wave of cryptocurrency, but I believe these experiences have uniquely positioned me to help others get started today, said OConnor. This kind of technology is poised to change the entire world, from banking and data collection, to market predictions and forecasting. I implore everyone to get involved starting today.

Recommended AI News: StackPath Names William Charnock New Chief Technology Officer

Continue reading here:
Cryptocurrency Prodigy, Joseph PlugWalkJoe O'Connor, Is Helping People Everywhere Master Crypto - AiThority

How Will Greece Be Impacted By Cryptocurrency? – GreekCityTimes.com

Over the last decade, Greece has taken centre stage in the news when it comes to bailouts from the EU, increasingly gaining a reputation worldwide as having a weakened economy, rising debts, lower pensions, continued high unemployment among young people and the rife polarisation in politics and leadership, leaving many Greeks frustrated with the current systems in place.

Greece is now also under attack from Turkey, with constant threats from its neighbor over the continued altercations within the areas of gas-rich waters in the Eastern Mediterranean. To top it all off, now theres COVID-19 to deal with. This has hit Greece where it hurts most, its tourism industry.

Greece had over360,000 tourists enter the country last year alone, with numbers drastically down this year due to COVID-19. For a country which is heavily reliant on its glistening tourism industry, future Greece cannot just rely on tourism to financially sustain itself moving forward. It needs another mean of currency, especially with the euro continually falling to new lows.

In late 2019, the Greek government irrevocably announced that it would require digital tax receipts from all of its citizens, in an effort to combat otherwise untraceable cash transactions. Its not a secret that Greeks love to use cash for everything.

CoinDeskreported that These extra banking measures will largely affect the lower and middle classes who rely on Greek banks for their everyday business, not the wealthy, who store the majority of their collective wealth in foreign banks.

Many economists and analysts have condemned Greeces increasing reliance on higher tax rates. Inadvertently, many financial experts believe this will result in catastrophic cash flow issues for Greeces shrinking middle class, who as mentioned above, rely on cash; driving a larger wedge between the ultra-rich and the underprivileged. In a nutshell, the new banking rules which aim to carve out cash use, only end up hurting the poverty-stricken population of Greece.

So, with the new rules came problems. And problems need a solution. With a frappe in one hand and a smartphone in the other, the prudent Greek had to find a way around these new rules. And so, began the interest in cryptocurrency. But in an increasingly volatile economy, can cryptocurrency really help Greece?

Ask the average Greek citizen what Bitcoin is, and chances are theyll look a little confused. The average Greek citizen wont even know what cryptocurrency is. Greece is lagging in technological enhancement, ranking 3rd from the bottom of the list,according to the European Commission.Many Greeks dont know how to invest their money, let alone save their money. The ongoing financial crisis has brought this issue to a new light. So, what drove the Greek people to begin incorporating cryptocurrency into their lives? Youve already read the main clue why, but lets delve deeper.

Greek tech entrepreneur Andreas M. Antonopoulos explains it like this. In a highly publicised interview withGarden of Crypto, he stated that when the Greek banks shut down in the middle of the financial crisis in 2015, the public sought a safe alternative on the internet, starting Greeces cryptocurrency frenzy. Crypto thus became a haven for assets as the banks became more volatile and less safe to store assets.

Similar to many other struggling economies in the modern-day arena of finance, countries such as Venezuela andZimbabwehave begun utilising cryptocurrency as a form of resistance to an economy mired in controversy, corruption, and debt, Mr Antonopoulos stated.

In May this year,Bitcoin.comreported that the interest in cryptocurrency from Greek women had grown 163.67 per cent.!

This was the highest percentage in all of Europe in this particular study. The number of Bitcoin ATMs in Greece also increased to at least five around the country.

With Greeces unemployment rate sittingat 17 per centand the current pandemic not looking like itll magically disappear anytime soon, many Greeks are beginning to look for alternatives to the current financial system. They are continuing to seek solace in digital currencies. There are Facebook groups, such as theBitcoin Community Greeceand Cryptocurrency Greece, whos aim is to educate the Greek population on the investment opportunities within cryptocurrency. These groups have gained much popularity, with Bitcoin Community Greece attaining nearly 5000 members to date.

In conclusion, this displays that Greeks are taking cryptocurrency much more seriously since it first started gaining popularity in the height of the financial crisis in 2014. Could this lead to a potential cure from Greeces ailment with debt? The ongoing the bailouts from the EU, incorporated with cryptocurrency, could potentially see Greece improving financially and economically over time.

The views expressed by the author does not necessarily reflect those of Greek City Times.

Go here to read the rest:
How Will Greece Be Impacted By Cryptocurrency? - GreekCityTimes.com

Cryptocurrency Conversion Calculator Benzinga – Benzinga

Benzinga Money is a reader-supported publication. We may earn a commission when you click on links in this article. Learn more.

You can easily denominate your Bitcoin in Ether, USD, Tezos, JPY any currency you want, fiat or crypto. The almost-$300 billion crypto market cap speaks to the markets scale.

In addition, you can change your Ripple into USD anytime you want. A connection to liquid assets makes an asset more liquid. You can profit from the inefficiencies that sometimes occur in asset prices only if you understand how to convert 1 to the other.

Fortunately, the cryptocurrency calculator here will help you see just how much your crypto is worth in your preferred denomination.

First, its important to learn how crypto is valued. Not only will it give you leverage in the market today, but it may also expand your understanding of what money is and how you can use it.

The major hurdle for most cryptocurrency critics to get over is how something with no physical presence can have value or be considered money. Weve been mistakenly driven to believe that money needs some sort of intrinsic value in order to be valuable, but this is not the case. We see this in all kinds of currency, including so-called precious metals.

Gold and diamonds are called precious metals only because access to them is limited in Western society. Gold and diamonds gain the majority of their value only when they are placed in a literal store of value a jewelry store with high prices and security.

Everyone knows gold watches and diamond rings arent cheap. These objects have another store of value social status. This value has been shown to be constant and stable over time. As a result, gold and diamonds can be exchanged for cash if necessary.

The value of every cryptocurrency is also based on a store of value:

Once you have determined that a cryptocurrency has a store of value, the next step is to figure out how valuable it is. Thats based on the following characteristics:

The exchange you choose can make a difference in your portfolio value. The crypto market is unregulated, which means that literally anyone can create an exchange for cryptocurrency. Some of these exchanges choose to cooperate with traditional regulatory bodies like the SEC, centralizing their operations and requiring users to identify themselves. These exchanges usually have lower fees, higher liquidity and faster execution than decentralized exchanges (DEXs).

A DEX offers you a relatively high degree of anonymity and some offer full anonymity. The disadvantage is that users have no recourse if a trader cheats them.

The exchange that is best for you depends on the feature set you want. Here are some of the largest exchanges to inspire you.

0.50% per sale

0.50% per sale

Coinbase is one of the Internets largest cryptocurrency trading platforms. From Bitcoin to Litecoin or Basic Attention Token to Chainlink, Coinbase makes it exceptionally simple to buy and sell major cryptocurrency pairs.

You can even earn cryptocurrency rewards through Coinbases unique Coinbase Earn feature. More advanced traders will love the Coinbase Pro platform, which offers more order types and enhanced functionality.

Though Coinbase doesnt offer the most affordable pricing or the lowest fees, its simple platform is easy enough for complete beginners to master in as little as a single trade.

Having a strategy is half the battle. Choosing an efficient system of execution is the other half. Take a look at top brokers for cryptocurrency to give your trading the best chance of success.

Crypto is valuable to different people for different reasons. You may not value crypto as a technical breakthrough but major coins are almost as useful as fiat currency in mainstream commerce. You may derive value from smart contracts and investing anonymously in cannabis legalization efforts, which will affect your investment decisions. Learn to use conversion rates and arbitrage to increase your portfolios total value and youll have more value to trade when the time comes.

Read the original post:
Cryptocurrency Conversion Calculator Benzinga - Benzinga

Is Cryptocurrency a Good Investment? There Are Supporters and Skeptics – Market Realist

Whether or not cryptocurrency is a good investment depends on who you ask. Eric Ervin, the co-founder and CEO of Blockforce Capital, wrote in a Forbes post that even the most cynical Bitcoin bear should consider investing in cryptocurrency. He said, Cryptocurrencies have the potential to offer even more utility as a form of money than traditional central bank currencies. According to Ervin, Even Facebook recognized the fact that the antiquated bureaucratic, banking system is ripe for disruption, but even they were shut down by the incumbents who fear the loss of control rather than embracing the unlocked potential that free and open capital markets can offer.

But Peter Mallouk, the president and chief investment officer of Creative Planning, Inc., thinks that bonds are a safer bet than speculative investments. Its a lot sexier and interesting to buy things like cryptocurrencies and gold and silver, he said in a CNBC video. What do those have in common? They dont bring any income to the investor. What those do is, were just buying them on the idea that someone may pay more for them in the future.

Mallouk also said, Its possible thats right. Im not saying that if you do that, youre automatically going to lose money. But what it is, is its moving from the investing world to the speculative world, and in the speculative world, theres a lot more risk, which is why you see a lot more booms and busts.

Go here to read the rest:
Is Cryptocurrency a Good Investment? There Are Supporters and Skeptics - Market Realist

Tallinn-based Mercuryo.io secures 2.5 million to expand its cryptocurrency payment processing solutions – EU-Startups

Estonian startup Mercuryo.io, an Estonian startup providing cryptocurrency payment processing solutions, has closed a 2.5 million funding round. The seed round was led by Target Global, as reported by FinSMEs.

Founded in 2018, Mercuryo.io is described as an ecosystem of cryptocurrency payment solutions. It enables global businesses to send and receive payments for goods and services using cryptocurrencies, via its cross-border payments network. Led by co-founders Petr Kozyakov, Greg Waisman and Alexander Vasiliev, the team is spread across Tallinn and London, bringing both eastern and western European markets.

The startups mission is to make cryptocurrencies more accessible, or as they explain, to bring cryptocurrencies into our daily lives and allow us to handle our crypto transactions casually. So how does it do this? The startup offers a range of options, including virtual accounts, business payments, remittance processing, and mass payouts, no matter the local payment methods or currency.Currently over 40 million merchants worldwide accept the Mercuryo.io card, making access simple in everyday life, no matter where the user is.

The startups technology complies with PCI DSS international information security standards, meaning that the storage, transmission and processing of data that businesses handle is tightly controlled.

Mercuryo.io has some unique branding too, using rabbit ears as its logo, which act as a metaphor for a trick, a hat, some virtual space in a from a crypto wallet where you can get anything you want.

Read this article:
Tallinn-based Mercuryo.io secures 2.5 million to expand its cryptocurrency payment processing solutions - EU-Startups

Cryptocurrency Growth And Segmentation Till 2018-2026 – Kewaskum Statesman News Journal

Los Angeles, United State:CryptocurrencyMarketare real time virtual objects that mimic and characterise the physical object in its entirety. With the classifiedCryptocurrency marketresearch based on various growing regions this report provide leading players portfolio along with sales, growth, market share and so on. It can also have the capability to predict failures and future behaviours.

The global Cryptocurrency market based on end-user, application, and region. In terms of end-user, the CryptocurrencyMarket is classified into aerospace & defense, automotive & transportation, home & commercial, electronics & electricals/machine manufacturing, energy & utilities, healthcare, and retail & consumer goods. Based on application, the Cryptocurrency market is categorized into dynamic optimization, predictive maintenance, machine & equipment health monitoring, and product design & development. Region wise into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Major PlayersOperating in this market include Bitfinex, BitFury Group Limited, Bitstamp Ltd., Coinbase, Coinsecure, Litecoin, OKEX Fintech Company Limited, Poloniex Inc., Ripple, Unocoin Technologies Private Limited, and ZEB IT Service Pvt. Ltd.

The concept of Cryptocurrency is increasing the digital profile of a physical product or procedure that speaks about the practical and behavioral characteristics used to improve performance. Innovation allows us to expand the real and virtual worlds with a continuous digital depiction of physical products that can reach each stage of the product improvement life cycle, from the age of thinking to commercialization.

The study objectives of this report are:

To evaluate the status of worldwide Cryptocurrency, future forecasts, opportunities for development, key markets, and important players.

To present the growth of Cryptocurrency in the U.S., Europe, and China.

To profile key players strategically and analyze their development plan and strategies comprehensively.

Defining, describing and forecasting the market by type of item, market and main areas.

Influence of the Cryptocurrency market report:

Comprehensive assessment of all opportunities and risk in the Cryptocurrency market.

Cryptocurrency market recent innovations and major events.

Detailed study of business strategies for growth of the Cryptocurrency market-leading players.

Conclusive study about the growth plot of market for forthcoming years.

In-depth understanding of market-particular drivers, constraints and major micro markets.

Favourable impression inside vital technological and market latest trends striking the market.

Apply promocodeCMIFIRST1000save1000USDand alsogetonepremium report sample CopyFREE

Buy-Now this Research Report @https://www.coherentmarketinsights.com/insight/buy-now/927

The research provides answers to the following key questions

What is estimated growth rate and market size of the Cryptocurrency industry for the forecast period 2018 2026?

What are major driving factors impacting the Cryptocurrency Market worldwide?

How have prominent market leaders been able to maintain a competitive edge over their competitors?

Which market trends from the yester years and the future are likely to keep the prospect of the Cryptocurrency Market high for the forecast period 2018 2026?

Which factors will pose challenges and restrict the growth of the market across different regions?

Which opportunities are the major vendors operating in the Cryptocurrency Market banking on for the years to come?

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. ShahCoherent Market Insights1001 4th Ave,#3200Seattle, WA 98154Tel: +1-206-701-6702Email:sales@coherentmarketinsights.com

Go here to see the original:
Cryptocurrency Growth And Segmentation Till 2018-2026 - Kewaskum Statesman News Journal

Cryptocurrency Prodigy, Joseph PlugWalkJoe O’Connor, is Helping People Everywhere Master Crypto – GlobeNewswire

Joseph PlugWalkJoe OConnor

Helping People Everywhere Master Crypto

Los Angeles, CA, Sept. 02, 2020 (GLOBE NEWSWIRE) -- We at Ascend Agency are going to cover about Joseph PlugWalkJoe OConnor, a cryptocurrency expert, advisor, and forecaster who has mastered the world of cryptocurrency trading, wants people everywhere who are intimidated by crypto to understand that this digital currency is the currency of the future.

Having created a universal money-exchange system based on blockchain with a public ledger, cryptocurrency is so new to the world, that many people fail to understand its the most valuable investment they can be making today.

The entire cryptocurrency market is worth $267 billion, paying testament to the investment value of this kind of currency, said OConnor. Ive explored the ups and downs, and the volatility of these markets. I am passionate about sharing what I have learned with as many people as possible so they are pepared for the future of currency.

OConnor describes himself as a blockchain enthusiast and digital entrepreneur. He has made $50,000 from selling configurations to date, as well as endured the blockchain plummet of November 2018 when the value of blockchain dropped one-third in just weeks. During those times, OConnor lost $20,000 in just one week, teaching him everything he needed to know to become an investment advisor.

Today, OConnor is providing his cryptocurrency investment advising services to all of those interested in getting started.

There were of course some scary moments being part of the first wave of cryptocurrency, but I believe these experiences have uniquely positioned me to help others get started today, said OConnor. This kind of technology is poised to change the entire world, from banking and data collection, to market predictions and forecasting. I implore everyone to get involved starting today.

For more information, or to follow PlugWalkJoe on Twitter, visit: https://twitter.com/plugwalkoconnor?lang=en.

Story provided by Ascend Agency, who help others in discovering their Brands

Media DetailsCompany: Ascend AgencyEmail: contact@ascendagency.netWebsite: https://ascendagency.netPhone no.: 424-279-3348

Read more:
Cryptocurrency Prodigy, Joseph PlugWalkJoe O'Connor, is Helping People Everywhere Master Crypto - GlobeNewswire

Coinbase Pro to Add Celo (CELO), a Cryptocurrency Used by Platform that Makes it Easier to Send, Receive Stablecoins using Smartphones – Crowdfund…

San Francisco-based crypto exchange Coinbase is planning to add Celo (CELO), the native digital currency of an open-source platform that aims to make financial tools accessible to anyone with a smartphone or mobile device.

Celo will only be offered on Coinbase Pro, which is the US-headquartered exchanges trading platform for professional or more sophisticated/experienced traders.

The exchange confirmed that beginning on Monday, August 31, 2020, Coinbase Pro users will be able to transfer CELO into their account ahead of trading. The company further noted that support for CELO will be available in all the exchanges supported jurisdictions. It also mentioned that per previous launches, transfers will open during business hours, Pacific time.

The digital asset exchange says that its customers often request that theyd like to trade new crypto-assets on its platform. As covered, Coinbase appears to have an extensive vetting and listing process for new tokens. This is necessary because the US is one of the most highly regulated financial markets in the world.

As previously reported, Coinbases long-term goal is to support the trading of over 90% of cryptocurrencies in circulation which may be too challenging considering there are now thousands of virtual coins in circulation, with many of them being nothing more than speculative tokens or assets.

Recently, Coinbase added support for Numeraire (NMR), Band (BAND), Compound (COMP), Maker (MKR) and OmiseGo (OMG). The exchange now also supports additional European and UK order books. Coinbase confirmed that it will continue to explore support for new crypto-assets.

As explained by the exchange, Celo (CELO) is a cryptocurrency that aims to serve as a utility and governance token for the Celo platform. The Celo platform is developed in a manner that should make it simple for users with smartphones to send, receive, and store stablecoins that are issued on Celo (for instance, the Celo Dollar), without having to manage a crypto wallet.

Coinbase clarified that CELO is not available on Coinbase.com or through its consumer mobile apps. Its only being offered to Coinbase Pro users for now.

Coinbase recently announced that it has appointed Marcus Hughes as the new GM for its European division. Hughes has served as General Counsel for the crypto platforms international operations and in his upcoming role, he will be responsible for continuing to scale Coinbases operations throughout Europe.

The appointment of Hughes comes weeks after Coinbase appointed former VP of Engineering at Lyft, Manish Gupta, as its new Executive VP of Engineering.

Read the original post:
Coinbase Pro to Add Celo (CELO), a Cryptocurrency Used by Platform that Makes it Easier to Send, Receive Stablecoins using Smartphones - Crowdfund...