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Understanding Financial Terms

When you start shopping for a home loan, it might be easy to assume that all lenders are the same. After all, they all have mortgage brokers, paperwork, and impressive offices. However, when you really start exploring the details, you might discover that lenders all have something different to offer. On my blog, you will learn more about financial terminology, so that you can determine what you are getting into when you sign the terms of an agreement. This information is presented in an easy to understand, friendly way, so that you aren't bombarded by terminology and industry jargon that you don't understand.

Understanding Financial Terms

Why You Should Buy Ethereum Today

by Dylan Graves

Ethereum is much more than another cryptocurrency. While Bitcoin and Litecoin aim to disrupt the financial sector, Ethereum aims to disrupt third party processing of various systems, such as data storage and real estate deeds. The Ethereum blockchain is more robust than Bitcoin's or Litecoin's; it's capable of processing smart contracts that automatically execute when certain conditions are met. This allows for deeds to automatically be transferred once a loan is paid, for example. 

So, why should you buy Ethereum today? Simply put, Ethereum is the wave of the future. The world-wide super computer that is already built and in motion that operates Ethereum is set to change almost every aspect of the Internet. When you buy Ethereum with Visa, you are buying much more than a currency; you are buying the fuel of this worldwide supercomputer. 

Buying Ethereum is a Sound Investment

Imagine if you could go back and invest in a small broadband startup when dial-up Internet was the only way of connecting to the Internet. Well, that's essentially what investing in Ethereum means. Ethereum, more specifically Ether, is what powers the smart contracts of the super computer. It costs Ether to execute these contracts. This means that Ethereum, unlike Bitcoin, is a consumable resource. Ethereum will be in demand more and more as the usage of the world-wide super computer grows and expands.

How Can You Buy Ethereum?

There are a number of ways that you can buy Ethereum. It all depends on the service you wish to use. The method of payment will dictate which service you should be using. If you wish to buy Ethereum with Visa, or buy Ethereum with a credit card, you'll need to use a service that will allow you to use these payment methods. Most places that allow you to buy Ethereum will require a bank account and identity verification, which helps prevent fraud. If you would prefer to use a credit card, whether it be a Visa or Mastercard, you will be able to find a service that accepts these forms of payment.

After you purchase your Ethereum, it's time to transfer it to a secure wallet. There are dozens, if not hundreds, of different wallets out there. Research the reputation of each wallet and make an informed decision. Unfortunately, with so many different wallets that satisfy different needs, there is no "best" wallet to recommend. Once stored, you'll be able to either take part in the worldwide supercomputer or simply wait and sell it later for a profit.