The launch of an improved Ethereum network is a testament to the strength of the project -- but also represents change. Change conveys risk -- while Bitcoin is simple, immutable, and constantly rising in value.
Many experts see blockchain technology as having serious potential for uses like online voting and crowdfunding, and major financial institutions see the potential to lower transaction costs by streamlining payment processing. However, because cryptocurrencies are virtual and are not stored on a central database, a digital cryptocurrency balance can be wiped out by the loss or destruction of a hard drive if a backup copy of the private key does not exist. At the same time, there is no central authority, government, or corporation that has access to your funds or your personal information.
Celsius takes advantage of blockchain technology and is proud to provide a platform of curated services that have been abandoned by big banks such as high yield, zero fees, and lightning quick transactions as well as weekly rewards. Users can also earn up to 15% APY in rewards on their crypto assets and access loans starting at just 1% interest rates. There is no minimum balance and with the Celsius app, sending crypto is as easy as sending a text. Celsius always acts in the best interest of its community, and rewards paid to users form up to 80% of Celsius' revenues.
A survey showed some people who expect to receive stimulus checks from the COVID Relief Bill, are interested in investing in Bitcoin. It's a small sample size, but according to the survey investing in Bitcoin was a more popular response than investing in traditional stocks.
Some of the cryptography used in cryptocurrency today was originally developed for military applications. At one point, the government wanted to put controls on cryptography similar to the legal restrictions on weapons, but the right for civilians to use cryptography was secured on grounds of freedom of speech.
Coinbase Global Inc., the largest U.S. cryptocurrency exchange, said it’s planning for its shares to start trading later this month on the Nasdaq following a direct listing.
"Ethereum might beat Bitcoin in terms of percentage gain this year. So far in 2021, ETH has increased by value by nearly 150%, while bitcoin has gone up around 90%. However, it is unlikely that ETH will take over in terms of market capitalization because bitcoin is the cryptocurrency with the most people behind it in terms of adoption and use. Many view bitcoin as digital gold and major corporations and institutional investors are adding it to their balance sheets.
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