Quick Crypto Round Up - Episode 4 (I Think) - Mortages To Buy Bitcoin?

in #bitcoin7 years ago

Lots of stuff happening in the Crypto world (as per usual), so it's time for another episode of Quick Crypto Roundup!

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First we start with a question:

Would You Take Out A Mortage To Buy Bitcoin?

According to this article from news.bitcoin.com, people are doing just that!

I remember reading about the family who sold their house and put the money into bitcoin earlier in the year, a plan that was criticized on Reddit at the time, but seems to be working very well for them. But taking out a mortage to buy it? That doesn't too clever to me.

I'm very bullish on Bitcoin and the crypto market, but going into debt to finance a crypto purchase sounds like an accident waiting to happen.

I just hope it works out for those who do!

Speaking of things that can go wrong...

Beware Fake Wallet Apps!

Coin Telegraph says that a fake My Ether Wallet app is being downloaded on the Apple App Store. It has been downloaded so many times in fact, that it has become a top 3 app in the finance category!

Be VERY Careful When Downloading Any App To Your Phone!

Australian Stock Exchanges Goes Blockchain

In a world first, the Australian Stock Exchange (ASX) is set to become the first stock exchange to move onto a blockchain based system.

According to this article from Coin Telegraph, the move is expected to happen in March of next year. The article also states:

The introduction of this technology in clearing and settling will cut the cost of transactions, making them faster and more secure. It also eliminates the need for a middleman, which traditional banks rely upon. So much so, that Wall Street bank, Goldman Sachs believes that using distributed ledgers in stock trading could help the industry save $6 billion annually on a global basis.

What Else?

Lots of other articles of interest including:

Futures news:

Bitcoin Continues To Go Mainstream

Something Fun

Thanks For Viewing!


P.S. By the time I've written this post out, a whole bunch more news has likely been posted. For the latest news from 7 crypto sites all in one place, check out News.CryptoCanuck.com

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Thanks very good post !!!!

Awesome Work!

Keep it up!!!

@cryptoinvestinfo

your CryptoInvestmentExpert

I missed your comment some how, sorry!

Thanks very much @cryptoinvestinfo. :-D

This post has received a 0.21 % upvote from @drotto thanks to: @banjo.

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