Yes, you know… the matchmaking platform where you conveniently find your mate from the comfort of your own couch. Well, imagine the match-making concept of Tinder, but for private investors instead.
We’ve been led to believe that the only people who can really invest are those who have disposable income. Well, SPINDLE has other plans for everyone.
Customers are able to make direct investments using the SPINDLE currency, so there is no third party involved. What does this mean? It means saving more money – money that you can invest the way you want.
All investments made are securely recorded in the blockchain made directly between the investors and asset managers, so no need for banks or security companies to be involved. Bam! All recorded. Nothing falsified. You’re in control. Plus it is aesthetically pleasing to the eyes, which makes quite the difference for some of us.
Now, if the talk of Blockchains and Crypto Currencies is making you feel a little dazed and confused, let me break it down for you:
Everyone has heard about it, a fair number of people have top knowledge in it, but there are still a good number who feel uneasy about it. This might be why they think it could well be a technologically – millennial fad.
I am still grasping all the concepts myself; but after reading, researching and attending a BlockChat dinner, I can confidently say that it IS the future. Anyone to turn their nose up and not learn at the very least the basics of blockchains and cryptocurrencies, would be silly to miss out on the benefits from them due to plain ignorance.
Let’s face it: we have been heading in this direction for a long time. What with our transition from cash to plastic and now to crypto, and having humans being replaced by robots and now by mathematics and technology.
Think of a blockchain as a ledger open to the public. Transactions are recorded and confirmed between two parties. The most important feature of a blockchain? The information can never be altered in any way. Bye-bye, fraud!
So, my friends, the main point for the existence of blockchains, regardless of the related industry, is to take out the middleman, lessen the fees, and put more trust in mathematics and less in humans. I think we can all relate to “human errors” (*cough cough* customer service!).
Cryptocurrency – the currency of the future?
Cryptocurrencies, also known as digital money, virtual money, better known as tokens. What’s the big deal?
- Well, for starters, they are not backed by the government, but by their own networks online. There is nothing physical to show. Because they are not backed by the government, they can’t take it away from you!
(i.e. think Cyprus in 2013).
- They wave goodbye to fraud.They are not physical, so they cannot be replicated.
- They wave goodbye to identity theft. Again, there is no middleman (i.e. merchants) to hold your funds and give someone else the opportunity to get it into someone else’s hands.
- Everyone has access, thanks to the Internet.
- They welcome lower fees or NO FEES because there is no middleman. On a side note, it’s interesting to know that PayPal does not accept BitCoin.
There may be some growing pains along the way, but this is where we are heading, friends! My advice? Keep up to date with blockchains and cryptocurrencies.
We shifted from cash to debit and credit cards, and I believe we will do the same thing with Cryptocurrencies. Read Jimmy Nguyen’s take here.