Cryptocurrencies, BlockchainsAnd Their Dark Side: 5 Essential Reads

There is a lot of rush to buy the cryptocurrencies because of the exceptional returns that they offered. Also, the Blockchain technology looks promising and many believe that this is the new way to do business and run the country. But one should also be aware of the dark side of this technology.

Prone to hacking

The cryptocurrencies and the Blockchain technology have shown intense volatility and also have offered huge profits to the investors. This has caught the attention of the hackers. Even the regulators are keenly watching this space. So much of attention could cause the future of this technology to be jeopardized.

Where is the money?

Money has seen a lot of transformation and is complicated to understand. If cryptocurrencies and the Blockchain technology were to be used then the zeros and ones would replace the currencies. No one would know what is its value is and if money is still there. It will have no government regulation and will be based only on trust and in the integrity of the system.

More criminal activity

The users of the Bitcoin and cryptocurrency are anonymous and this is a weakness of the system. This also gives more easy access to the criminals.

Immature

Beit any currency that you see today it is based on the economy’s performance. These economies are stable and also well regulated. The token economy is immature and unregulated and lacks stability.

Manipulations

Financial assets have been the victims of price manipulations and frauds. Digital currencies like Bitcoin were through to be immune to these frauds. But that is far from the truth. The price manipulations are happening at very large scale and this is the major reason for such huge price movements in this space.

Read more details about the problems of using cryptocurrencies and blockchain technology on coinspot.com.au review.…

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10 Things You Need To Know About Your Dog’s Microchip

Microchips have been recently used throughout the world as a safety precaution to find our pets if in case we lose them. It is considered one of the standardized methods that can very effectively assure our reunion. Lets us know some facts.

  1. Placing a microchip is very easy. We have the feeling that it might hurt our loved ones. But, it is inserted in a minor operation that is not painful.
  2. Each chip will have a unique identification number that is registered universally. When the pet is found out by any animal shelters, they can access the entire information through that chip.
  3. We have to ensure that the details are stored in almost all the databases.
  4. It is very much required that you keep updating the information regularly so that the microchip is actually very useful.
  5. It is a true fact that microchipping really increases the chances of getting our pets easily. There are countable success stories that have spoken greatly about the reunion.
  6. We should know that microchip is not like a GPS tracker that can monitor the dog’s movement. It is something that you need to scan to know more about the dogs.
  7. We need not to hesitate to get the microchip implanted as they are not found to bring any kind of diseases. We might have heard about tough durable dog beds, this is similarly cozy enough.
  8. It is getting a mandatory rule that every pet has to be registered this way. This will also help the breeders of unhealthy animals get caught.
  9. It is also found to resolve any ownership related issues among the pets.
  10. It is found that microchips can sometimes migrate to different places. A periodical check-up is a necessity.
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