Take Advantage of New Laws and Eliminate Credit Card Debt by 50%

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Did you know that there are certain laws created by the government in order to regulate the credit card debts of the consumers? If you are not aware of it, then I will give you some detailed information regarding this issue. Actually these new laws are created in favor of the consumers because of the growing numbers of uncontrolled credit card debts.

One particular example if the The Credit Card Accountability Responsibility and Disclosure Act of 2009 which had been approved and implemented by President Obama in the first quarter of the year. This new law will correct indisputable business practices of the debtors and this will give more options for them to find the right solution in eliminating their debts.

Another bill known as ”The New Credit Card Laws (2009)”, implemented and supported by The House Bill H.R. 627 and signed by President Obama was created in order to help the debtors from coiling credit card debts. This will lead them into exploring the different methods in eliminating unsecured debts.

Because of these laws, certain methods became very attainable on behalf of the debtors. To educate you further, Here are some of those methods or debt relief solutions:

• Debt Consolidation – This method will allow the debtors to consolidate all their high-interests loans in order to create a single consolidated monthly payment bill. This will give an easier way for the debtors to pay-off their debts.
• Credit or Debt Counseling – A more systematic approach in debt management plan with the help of an authorized credit counselors. These credit counselors have the expertise in analyzing the financial status of the debtors that will be their basis in formulating the suitable debt management for them. This will enable the debtors to pay-off their credit card debts.
• Debt Settlement – Considered as an open negotiation or agreement between the creditors and the debtors. This will allow the debtors to cut-off their payment as much as 50% based on the original loan. It will take approximately 2 years to pay-off your debts using this method but with the help of a debt settlement company, it will be an easy task.

New laws are created and thankfully, new methods are the end results of these bills. The important thing to do is to be aware of it and you must do your own part to take the first step in achieving your goal.

How to Get the Best Out of Manual Directory Submissions

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Links are crucial to attain and retain a better position in search engine results. Needless to say that an online business can never grow in today’s highly competitive world without having a better search engine ranking. To achieve this task, you can make sue of multifarious SEO techniques and such technique is known as “manual directory submission” where links are submitted to different directories to get backlinks.Benefits of manual directory submission:The biggest benefit of directory submission is that your submission will always be reviews by a human editor. Since it is hard to convince a human editor about the quality of your content, so, search engines always attach more importance to these directories. This can enhance the credibility of your site which is the ultimate goal of all SEO techniques.Moreover, if you have one such site which is rich in flash content or images, you will have to rely on manual directory submissions because search engines will not access your site. But, you will help search engine to categorize your site under a specific site by submitting to a directory.Finally, you will be able to get more traffic to your website along with having a better search engine placement which perhaps is the best benefit of manual submission.Finding the good directories:There are several directories available online. You can use internet to get close to them. While searching, you will find that some general and some specific directories. But, there are oodles of directories which come with different requirements. Some of them needs money and some are free. Some may require email confirmation whereas others may require you to have an email address similar to your domain. For manual submission, you need to conform to all those requirements set by the directories.Getting best out of manual directory submission:It is evident that manual directory submission is an integral part of search engine optimization but you need to understand the right way to make most of this option. Here’s what you need to know in this regard.o To achieve all associated benefits, you need to make sure that your website is designed in the right way so that you may take advantage of the traffic directed by your submission in different directories.
o At the time of directory submission, write your title and link text while utilizing your niche keywords.
o Brief description of your website should also be written effectively and attractively. Don’t repeat words and be factual all the time.o In most directories, a list of keywords will be required. Here, you must use unique but relevant keywords. It is better to conduct some research in this regard.o Last but not the least; try not to submit automated directories as this will be of no use for you.Manual directory submission is a grueling work for sure. Considering that it is time consuming, most people opt for a professional SEO company so that they may focus on other things. If you think that you will not be able to handle directory submissions in the right way, don’t hesitate to contact a SEO company offering reliable and affordable SEO services.

Calgary’s Latest Economic News: Are You Ready to Shake Things Up?

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The drop in global oil demand and subsequent economic shakeout continue to shake up Alberta’s real estate economy. With home prices down, Calgary along with the rest of the province is turning into a renter’s market. Even in the luxury residential market, Calgary home rental rates are 20% below the levels of one year ago. In Calgary where dependence on the oil market is a powerful economic force, this latest downturn has left office spaces and homes vacant, and leasing agents struggling to appeal to tenants. While those at the lowest income levels may still not find affordable housing, the new economic shift has provided an opportunity for those with moderate amounts of money to spend on rent. Landlords have lowered rents and are offering extra incentives to encourage new residents to sign affordable housing leases.In business news, the Canadian Federation of Independent Business indicates that its members’ confidence is at the lowest level since March of 2009, with a Business Barometer index of 52.3. British Columbia small businesses are more optimistic, registering an increase in the index to 62.5. In contrast, Alberta business owners’ confidence is at a low 26.5. The March 2016 report indicates that the biggest challenge facing Alberta businesses is a lack of domestic demand. This comes as little surprise. The Alberta government points out that every downturn in Alberta since 1980 has been triggered by a drop in oil prices.Opportunity is KnockingBut all is not doom. The combination of an excess supply of office space and luxury homes in Calgary is an open opportunity for investors and growing businesses alike. With lowered rates and ample space, new businesses should take advantage of this downturn to settle in for the long term. The availability of affordable housing means that growing companies can expect a steady supply of employees to fuel their expansion. The latest economic reports indicate that Canada’s economy has started to rebound with double the expected growth for January. Economists had originally predicted just 0.3% growth after a mere 0.2% showing in December of 2015. Based on the new 0.6% figure, Bank of Canada is predicting economic growth for the year at 1.4%.As Canada rebounds, Alberta can expect to rebound as well. A shift in businesses and workers to the region will result in the increased consumer demand that businesses need to soon experience greater levels of optimism. In fact, Calgary is already buzzing with public and private sector projects. The low Canadian dollar has boosted demand for exports, encouraging Canadian manufacturers to invest in production capacity. In a recent interview, Finance Minister Bill Mourner said that he believes “we’re starting to see the green shoots” from those investments.Timing is EverythingWith its rich resources and strong infrastructure, it is only a matter of when, not if, Calgary real estate will recover from this latest economic dip. There can be no doubt that, whether investing in commercial or residential properties, the opportunity to buy low and sell high is here now. During this time of transition, our team has the skills and experience to assist you in finding the best location for your staff or managing your residential assets. With our knowledge and expertise, you will be well positioned to join Calgary’s coming economic rise.

The Cold Hard Truth You Need To Know About Payday Loans

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From time to time a person can come up a little short on cash before their next paycheck is due to come in. One solution to this is a payday loan. There are several different places that offer payday loans. It works somewhat like a cash advance only it comes through a different business rather than through your employer. These are specialized businesses set up to give you loans based on the fact that you are going to receive another pay check. Some are based on the Internet, others are businesses that you walk in to and do business with face to face. The money that they offer can be used anywhere from one to four weeks.These companies may seem like an easy way to get rid of a bounced check, avoid a late payment, or even help yourself out of a bad credit situation. Many of them will even give you a loan if you have bad credit, no credit at all, or even if you have claimed bankruptcy. As long as you have an income and can prove it they will likely give you a short-term loan.The biggest problem with these loans is that they have a very high interest rate. Their excuse is that it is because you are borrowing the money for a very short time. The average rate of these loans is usually 300% APR. Because of this you will actually end up owing more in interest than what you borrowed in the first place. Many people will end up having to extend the loan, which will cause them to go more in to debt than they were when they went to the loan company.When you go to the loan company to get the loan you show them proof of employment and then write them a postdated check for the amount that you are borrowing plus a fee. This fee is a lender fee but it does not include the interest rate. The fee really isn’t that high but the interest rate will be. If you don’t pay the interest rate the loan company will begin calling you or your place of employment to collect on the outstanding money owed.If you need money and need it fast there are much better ways to go about it. This way may very well get you in a bind later on. The first way is to get a credit union loan. Many credit unions offer small loans much the same way as the payday loan companies do. There is one big difference though, the credit union loans will only charge about 15% APR as compared to 300% of the short-term payday loan companies. This, of course, makes them at least possible to pay off, unlike the short-term payday loan. If you all ready have an account with the credit union you have the option to borrow from your own account. If you do this you have an even lower APR rate. You even earn dividends back on your savings when you pay back the loan if you do it this way.Another way to avoid going to a payday loan company is by using a credit card advance. This means taking money out of your credit card and paying it back later. The APR is a little higher than with the credit union solution but still much less than with the payday loan company. The interest rate here would be about 20-25%. This option is something that you probably only want to do if you have a good credit score so that you don’t make your credit score look bad. Especially if you think that you might not be able to pay it all back by your next payday.You can also avoid going to payday loan companies by using resources that are all ready available to you. Many banks have overdraft protection available to their patrons. This means that if you write a check without funds in the checking account the bank will give you an automatic loan for the amount of the check to cover it. Then you pay back this loan over time. It may also be just as effective to talk to the people where you owe the money. They may be very willing to cut you some slack and take partial payments on what you owe or give you a grace period. Many places can be very flexible.While payday lenders can be a very convenient way to get money the huge interest rate and the automatic permission that you give them to contact you and your employer when you sign the papers for the loan. This is an instance where the end may not justify the means.

Covert Recordings Of Disciplinary Meetings With An Employer

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In the recent case of Chairman and Governors of Amweil View School v Mrs C Dogherty UKEAT/0243/06/DA, Mrs. Dogherty who was a teaching assistant at the Amweil View School, covertly recorded her disciplinary hearings and even the private deliberations of her employers who were considering her future employment. This article examines the state of the law on the use of covert recordings as evidence in the employment tribunal of an employer’s conduct.Use of covert recordingsDogherty was dismissed for misconduct through the use of unreasonable force and inappropriate language in relation to some children. She relied upon her covert recordings to support her claim for unfair dismissal in the employment tribunal because she disputed the minutes of the open hearing of the disciplinary and appeal hearings produced by the school. She applied rather late in the day to have the evidence of her covert recordings admitted. The employment tribunal, by a case management order, allowed her to use the unauthorized recordings she had made of the disciplinary and appeal panel hearings, including the private deliberations. In other words, even though the employer did not know that the meeting nor the private deliberations were being recorded, that evidence could be used in the tribunal.Appeal to the Employment Appeal TribunalThe school appealed against the Order. It argued that Dogherty’s clandestine recording of the deliberations of members of disciplinary and appeal panels amounted to an unjustified infringement of the governors’ right to privacy, and that the public interest required those deliberations to remain private. Dogherty invoked her right to rely on the disputed evidence and to a fair hearing under Article 6 of the European Convention on Human Rights.Applying XXX v YYY [2004] IRLR 471 the Employment Appeal Tribunal (EAT) held that “the first and most important rule of the law of evidence…is that evidence is only admissible if it indeed is relevant to an issue between the parties.” It had no hesitation in upholding the tribunal’s finding that the material contained in the recordings was relevant to Dogherty’s unfair dismissal claim.A majority of the EAT was satisfied that the decision taken by the ET was within the range of responses that a reasonable tribunal might make and refused to interfere in the absence of any questions of law-Barracks v Coles (Secretary of State for the Home Department intervening) [2006] EWCA Civ 1041 applied. Further, it was held, according to the overriding objective in the Employment Tribunals (Constitution and Rules of Procedure) Regulations 2004 (SI 2004/1861) the tribunal could do justice by admitting the evidence, giving the school a full opportunity to consider it, and by penalising Dogherty in costs for disclosing the evidence late.The school argued that to admit the disputed evidence would involve the ET itself infringing the human rights of the governors who were members of the relevant panels. However, the EAT rejected that what had occurred could possibly amount to the interference of the governors’ right to respect for family life because the relationship between a governor and a member of their family was not “touched at all” by admission of the evidence in question.The school submitted that there would be an interference with the governors’ private lives because their privacy would be invaded if their observations, during the private deliberations or the open hearings which were conducted in the absence of the public, reached the public domain. However, the EAT held that each of the panel members had put themselves forward to carry out an aspect of the important voluntary work undertaken by many individual members of the public in the governance of schools. As such, the privacy element of the right to respect for private life of such a school governor was not engaged. In any event, the EAT relied on Jones v University of Warwick [2003] EWCA Civ 151, which held that a court may properly admit relevant evidence even where it has been gathered in breach of an Art 8 right to privacy where to do so was considered necessary to secure a fair hearing.The school argued that the recordings were made clandestinely. However, the EAT noted that there was no breach of the contract of employment. Concerning the open hearings, the EAT upheld the Tribunal’s decision to admit the evidence as it was always intended that there would be at least one written record of the open hearings in the minutes drawn up by the clerk of the school.In relation to the private deliberations, the EAT held that Dogherty could not adduce such evidence in support of her claim. The EAT took into account the fact that the panel members had invited all parties and witnesses before them to withdraw so that they might deliberate privately and Dogherty and her representative accepted that invitation. Likewise, those participating in the deliberations would have done so on the premise that no one would then disclose or publish what had occurred during the private deliberations.However, the private deliberations might become admissible where, for example, the decision was taken by a panel which gave no reasons for its decision, and the inadvertent recording of private deliberations had produced evidence of some sort of discrimination (see BNP Paribas v Mezzotero [2004] IRLR 508).ConclusionAlthough this factual scenario is new, the decision in this case is in fact not new law. It is based on established principles of the probity and cogency of evidence in the fair resolution of disputes where evidence is available. However, it is a salutary reminder to employers to conduct hearings fairly. It may also be a warning to them to consider including the prohibition of use of covert recording in contracts of employment and employment handbooks.

Keeping The Best In Texas By Offering Health Insurance Benefits

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Every small business in Dallas, Houston and throughout Texas wants to attract high quality individual employees who will contribute to the growth and success of the company. In order to recruit and retain these people, many larger business owners offer health insurance coverage, specifically group health, as an employee benefit.If your company is small, especially if has ten or fewer employees, there are still ways to offer your employees health insurance coverage. In most states, insurance companies which offer small group health insurance plans are required to accept any employer group of two to 50 employees, provided the employer agrees to insure 100% of the eligible employees.Before you can offer any health insurance coverage, you must decide how much your employees will pay, as well as the kind of insurance that you wish to offer.It’s expensive. So who pays?Most businesses that offer their employees group health insurance plans contribute towards the cost of the coverage. Some pay for all of the employees’ premiums (for single coverage) and let the employees pay the premium if they need coverage for their families. Other businesses pay a percentage of the total cost.The amount you choose to pay will depend on your own situation. First, think about how your contribution will affect your budget. Second, think about how it affects the desirability of your plan to your present and future employees.Many businesses choose to have their employees make a contribution towards some of the cost, especially as health care costs and insurance premiums continue to increase.Plan designsThere are three major types of health plans — managed care, preferred provider, and fee-for-service. The plan that’s best for your business is determined largely by your business location, the physicians and hospitals available through the plan, the options offered by insurance companies, and the constraints of your budget.Managed careManaged care plans are agreements between certain doctors, hospitals, and health care providers, and are designed to offer a range of services to members at a reduced cost. Managed care plans are typically HMOs. They may also be referred to as an Individual Practice Association (IPA) or Point of Service (POS) plan.· Most HMOs minimize the out-of-pocket expenses members pay for medical care, as long as members use the HMO’s preferred providers and facilities. If members go outside of the network, they may be responsible for paying the entire bill.· In addition, members must choose a primary care physician, and see that person first whenever they need medical attention. The primary care physician will make necessary referrals to specialists.· With HMOs, the per-visit or annual deductibles are usually lower than with other plans.Preferred providerPreferred provider plans, known as PPOs, negotiate price discounts with health care providers. They refer to the health care providers that they have discounts with as “network” providers. PPOs pay a higher percentage of your employees’ claims if they use network providers.· Unlike HMOs members, PPOs members can see physicians without referral and can use physicians outside the network if they are willing to pay the non-network cost sharing.· PPOs generally require more cost sharing than HMOs, even for in network care. The per-visit or annual deductibles are usually higher than with HMO plans.· There may be some managed care elements with PPOs, but not as extensive as HMOs. For example, you may need pre-authorization for a hospital stay, surgery, or an expensive diagnostic test.Fee for ServiceFee-for-service plans, also known as indemnity plans, allow employees to choose health care providers themselves. This gives them a wide range of options that includes specialists such as cardiologists and surgeons. But because these plans do not give members incentives to use low cost providers, the plans are expensive. Some insurance companies limit the fee-for-service expense by imposing low maximum benefits and/or fee schedules. As with any insurance plan, carefully read the benefit description for a fee-for-service plan.Check out the insurance companyAlong with selecting the right group health plan, selecting an insurance company is important, because the service delivered will directly impact each of your employees. Look for an insurance company with a good network of health care providers, timely claims service, and relatively stable premiums.In addition, check with other small business owners in the area, or with your Small Business Association. The Texas Department of Insurance will also have information about the financial stability of the insurance companies that you are considering, as well as any history of customer complaints.Can I choose my own small business health insurance provider?Sure. Small business group health plans are available from reputable insurance companies who are using the Internet to help reduce administrative expenses.Do I need an agent to help me select a plan?No. Keep in mind that many agents only represent a small number of insurance companies. If you use an agent, you should expect him/her to ask questions about your goals and objectives and to learn about your business and employees before recommending a plan.Health insurance for your employees can be expensive. The following tips will help you ensure you’re offering the best option for employees and the most cost-effective option for you.Do your homework:* Survey your employees for their insurance needs. Do their families require insurance?* Consider insurance plans that require second opinions and include built-in cost containment features.Talk to your employees:* Design a plan that includes employee contributions towards cost and keeps employees informed of health care costs and rate changes.* Create a committee to investigate the group health insurance market.* Survey your employees to make sure you understand their needs and objectives before launching a plan.Educate your employees about the cost of appropriate health care:* Encourage employees to request second opinions and alternative, less invasive treatments.* Help employees understand what is and is not covered under the plan.Create a health-conscious work environment:* Limit smoking at work to designated areas or eliminate it entirely.* Offer healthy choices in vending machines and alternatives to pizza and beer at employee events.* Promote moderation in use of alcohol and establish a zero tolerance drug and alcohol abuse policy.If you’re a small business owner who would like to offer an affordable health insurance plans to your employees but can’t afford group health insurance, you should take a look at the revolutionary, comprehensive individual health insurance solutions created by Precedent specifically for young, healthy individuals. Precedent offers affordable, individual health plans with catastrophic coverage, but without a high deductible, and we’ll work with you to make these plans available to your employees at a discount. For more information, visit us at our website, [http://www.precedent.com]. We offer a unique and innovative suite of individual health insurance solutions, including highly competitive HSA-qualified plans and an unparalleled “real time” application and acceptance experience.

How Cryptocurrency Trading Software Is Helping To Grow Your Crypto Platform

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The cryptocurrency trading software package is an integrated system to manage all aspects of cryptocurrency trading platform like all kinds of crypto buy, sell, exchange, lending, MLM & affiliate management, converting, live market comparison & analyzing etc.

Important features you should consider:

Buy, Sell And Exchange: Nishue is the impressive trading management system offers a smooth and secure methodology for your users to effortlessly Buy, Sell and exchange cryptocurrencies.

Lending system management: This system is completely brokering friendly has a system to manage Crypto lending service, like create manage offers, maintain and moderation etc

Unique Admin Module: Nishue contains a secure and advanced Admin Module for you to control your Cryptocurrency exchange end-to-end.

Separate customer profile: Separate customer profile module that helps your users to easily track and check all Open deposit or withdraw orders, Records, Transactions etc. on just a click.

MLM & affiliate management: This marketing ready automation tools facilitate to manage your level wise affiliate commission, contribution history, and documents.
Market comparison & Converter: Two additional system has been integrated for live Crypto Comparison, Conversion & Depth analysis.

How Cryptocurrency Trading Software Is Helping To Grow Your Crypto Platform:

Coin Deposit & Withdraw: Crypto trader need to maintain enormous Deposit and Withdraw request daily. Trading software aid to manage your activity with its auto set algorithm.

Coin Package & Lending offer: Keep your various coin package and lending offer at the fingers end of your customer. You can create, manage and advertise your offer using a well-designed package.

Level wise commission: If you follow the MLM strategy to reward your respective participants, and worried about set their commission? OK, It is ready to auto calculate their level wise commission.

Notification & Risk management: Every crypto trading platform must arrange push notification system to keep itself and its client up to date about many alarming issues thus help eliminate risk. In this case, a system project is totally perfect.

Multiple Payment Gateway: You can Integrate your cryptocurrency wallet, Local currency, Payeer Even Mobile Banking system as a Payment method within this software to make your transaction hassle free.

Daily, Weekly & Monthly ROI: Are you worried about maintaining ROI as per you said. This cryptocurrency trading management software can auto calculate ROI, commission, and others as per your given instruction.

Free Responsive Website: It must have integrated a fully responsive, SEO optimized dynamic website with our system and it is totally free. It will help you to manage your enterprise smoothly.

Crypto Comparison, Conversion & Depth analysis: Crypto live market cap & coin convertor two addition system has been integrated for live Crypto Comparison, Conversion & Depth analysis

100% secured System: A trading software is designed after having highly security issue in mind. Secured Integer framework, two-factor authentication, and much other security systems have been applied in this cryptocurrency trading software.

The absolute package exclusively for spot cryptocurrency trading that allows users to trade Bitcoin, Bitcoin Cash, Ethereum and Litecoin through Coinbase. Built upon the same technology that powers the Nishue software, It incorporates proven market-leading tools developed over 25 years to provide both professional and active cryptocurrency traders with a better experience than what’s currently offered by other crypto-only trading solutions.

Tips to Choose the Best Crypto Signal Service

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If you keep an eye on the market, crypto trading can be profitable for you. However, you may find it hard at times. Fortunately, if you need assistance, you can give a go to crypto signal services. The signals offered by them can be used to make the right decision, at the right time. You can choose from a lot of service providers. Given below are a few tips that can help you choose the right one. Read on to know more.

Service Quality

When opting for a service, quality is the number one factor to consider. Ideally, the trading platform should have an awesome success rate as far as predictions are concerned. Aside from this, it should provide relevant impulses so you can get a better idea of the market trends and trades.

Moreover, you should be able to receive the signal promptly so you can make the right moves. The service provider should be able to generate signals as fast as possible.

Reliability

Keep in mind that the service should be reliable as you are going to make your trade decisions based on their guidance. Hence, you might want to opt for a service that you can depend on. This is the only way to make the right choice and be on the safe side.

What you need to do is hire the services of a provider who is legitimate. You are going to consult expert traders, not an automated software program.

Free Trial

How can you find out if a provider is genuine? The best way is to give a go to their service. Many providers offer a free trial service. This is true even if you are going to hire any service, not just crypt trading.

The trial service will allow you to find out if the service is reliable. Once you have tested the service, you can go ahead and pay for it for a long-term.

Pricing

After the trial period expires, you will have to pay for the service. Here it’s important to keep in mind that providers who offer crypto signals for free of charge may not be reliable. In the same way, you might not want to pay a lot of money for the trial period either. As a matter of fact, the price of packages should be fair so you can enjoy the service without breaking the bank. So, you might want to do your homework to get the right service without spending a good deal of money.

Support

Although it’s great if their support is available round the clock, the important thing is to get the right information at the right time. They should be able to answer your questions until you are satisfied.

Without reliable customer support, you can’t benefit from the crypto signal service the way you should.

In short, if you are going to hire the service of a crypto signal service, we suggest that you follow the tips given in this article. This way you can make the right choice.

Crypto Currency Vs Fiat Currency

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Crypto currency vs. Fiat currency

Are you aware of the fiat currencies and the crypto currencies? They both are currencies in one form or the other and are open for public use across the world. But they are both different and distinct in their own ways. There is always one group that favors the use of cryptos, while the other has a soft corner for the fiat currencies.

In cashless society- crypto money play a huge role

If you have a look at the market of the 1970s and 1980s, you will find that the cash played the dominant role. But, with the change in the technology, electronic transactions have become the usual norm. Today, more and more people are influenced in becoming the cashless society. With the progress towards the cashless society, cryptocurrencies have a big role to play.

Crypto currency and fiat currency are always at loggerheads

Cryptocurrency and fiat currency are popular types of digital currency, especially when it is about an online transaction. They both are currencies currently in use in the market but have some differences in them. There is a hell lot of hypes that you will hear on a daily basis comparing the crypto money and the fiat money. This article will highlight the difference between the two in a more comprehensive and clear manner.

Differentiating in what the currencies stand for

Before going for the difference between the two, you must understand what do they stand for and how are they are defined.

The fiat currency is a legal tender that has the support of the central government, and it operates in the physical form. For instance, US dollars, British Pounds, Euro etc. On the other hand, the crypto currency is a non-legal tender, and doesn’t have any backup from the central government or bank.
Hence, the difference between crypto currency and fiat currency is noted as follows:

• Crypto-currencies are decentralized and global in nature. There are no one entity or government that controls the currency with their laws and regulations. The Fiat currency is centralized, under the control of the laws and regulations of the banks and government.

• Crypto-currencies have their existence only in the digital domain. On the other hand, you will find that the fiat currencies have a tangible and physical existence.

• There is a limited supply of crypto-currencies with a maximum set of them getting supplied in the market. Whereas, the fiat money has an unlimited supply as the government and bank are entitled to produce coins and paper money whenever the situation is required.

• The Bitcoin and other crypto type currencies are created by the computers, while the fiat currencies are issued by the local government and the banks.

• Cryptocurrencies are presented as the public and private code pieces. On the other hand, the fiat currencies are presented in the form of coins and paper money.

• The value of the crypto currencies is not recognized by the supply and demand of the market. Whereas, the fiat currency value is determined by the market regulations of supply and demand.

The different types of crypto and fiat currencies

In the last one decade, the popularity of crypto type currencies has emerged as a huge success. It was in 2009, when Bitcoin was first introduced, and years after several other types of crypto currencies have emerged. Starting from Litecoin. Dogecoin, Ripple to the Dcash and Zcash, there is a plethora of them. On the other hand, the fiat currency has a rich and ancient roots, with the Great British Pound, that dates back to 775 AD. It is considered as the oldest currency in the world that is still in use.

The differences in the anonymity between the two currencies

When you are using the fiat currencies, you need to undergo a user identification or verification process. You are asked to upload a recent picture of yourself and some of the required documents to be issued as per the public authorities. You don’t need to undergo any of the required processes with the crypto currencies. Though your personal information and confidential details don’t get public, but all your transactions are recorded and tracked in both the fiat and the crypto currencies.

Fiat currency vs crypto currency: transparency level

• The transparency level with the crypto type currencies are considered to be more. This is because the revenue streams are displayed in a public chain. Everyone can witness their own and others’ transactions.

• The fiat or govt. currencies are not transparent, as there are not public chains to see the revenue streams of the people.

A comparative historical roots

If you compare the crypto money with that of its counterpart, fiat or government currency, you will find that their existence and creation brings the difference. The Fiat or government currency, dates back its existence as early as 775 AD with the introduction of the Great British Pound. This is why fiat type currency is easily accepted by the people all over.

On the other hand, the crypto coin was perhaps first introduced only a decade ago, with the introduction of Bitcoin in 2009. The challenge that the Bitcoin and other crypto currencies face is catching up with the immense popularity and increasing fan base of the fiat currency. Crypto currency, is no doubt gaining importance and popularity in the economic market, but it has still not been accepted widely in the society as the fiat currency.

A comparative history of the two currencies:

• It was in the 11th century, when the Chinese Song dynasty was perhaps the first one to issue the paper money. It was not allowed to exchange with valuables like gold and silver or silk.

• There were Tally sticks that were introduced as a fiat or government currency. 1100 Tally sticks were introduced as a combat for the shortages in gold.

• 1971, was the year, when the fiat currency received a worldwide recognition. President Nixon introduced it in order to eliminate the dollar pegging system to gold.

• It was in 1998, when the idea of an anonymous electronic cash system emerged by Wei Dai. Bitgold-the very first crypto currency was created by Nick Szabo, but it didn’t receive as much attention as Bitcoin.

• In 2009, Bitcoin was introduced in the market, that became the first crypto currency that was accepted across the globe. In 2011 and after, a series of several other crypto currencies were introduced. Some of the popular ones include, Litecoin, Dogecoin, Ethereum, Ripple, Zcash, Dash and so on.

The traits of both the currencies

The potential of the crypto type currencies and fiat currencies, accessing their traits is important. You will find that in some of the criteria, Bitcoin and other crypto currency is superior than the fiat or government currency, and in some cases, the latter surpasses. It is absolutely your call to choose the type of currency (crypto type currency or fiat type currency) based on your personal needs and requirements.

Let us compare their traits with respect to certain factors.

• Both the crypto coins and fiat type currencies are interchangeable in nature.

• As per the portability is concerned both the currencies secure more or less the same position.

• With respect to the non consumable criteria, crypto currency and fiat type currency have the equal status.

• Crypto type currencies have high durability as compared to the fiat-currencies that have moderate level of durability.

• Both the crypto or virtual currencies and the fiat or government currencies ensure secure and safeguarded transactions and exchange.

• Crypto or digital currencies are highly divisible in nature. On the other hand, the fiat type currencies are moderately divisible.

• In terms of the transaction process, the crypto currencies are easy and hassle free. Whereas, on the other hand, the traction process associated with the fiat currencies are easy, but not like the cryptos.

• The crypto based currencies are decentralized and global in nature, unlike the fiat currencies that are centralized and functions under the laws and regulations of the government.

• The crypto based currencies have high scarcity, where as, the fiat currencies are unlimited as the government can issue coins and paper money whenever there is a need.

• The crypto based currencies are based on mathematical algorithms, and are programmable. The fiat currencies are not at all programmable.

• The fiat currencies are sovereign in nature, while the crypto currencies are not.

The process of the functioning of the currencies

You can find the significant differences between the crypto or digital currencies and the fiat currencies with the way they both operate and the transaction process that take place. They are contrasting in nature. The transfer of money using the Bitcoin is very quick, and you absolutely don’t need any third party association.

On the other hand, if you are involved with the money exchange using Fiat type currency, a mobile wallet is in use. You can exchange an amount of e-money that gets transferred into the equal e-value amount. Both the fiat and the crypto currencies enable you to purchase everything that you desire. But the processes involved are absolutely distinct from each other.

Depending on the things you purchase, you will find that one currency form is better than the other. This is absolutely your choice.

Is Bitcoin, a crypto currency better than the fiat-currency?

The long term benefits and the capability of the Bitcoins is still not established. But it has been predicted by the crypto currency gurus and experts, that they will go a long way, especially revolutionizing the way the online transactions are done. In the current market, the Bitcoin is mainly included in the online casinos and the gambling, but it is not limited to it.

Furthermore, when you compare the fiat currencies, the Bitcoin allows you to seize the power and authority from the banks and the government since it is not controlled. The cryptography based currency has the capability to create or come up with the free market capitals. Fiat currencies are affected by the inflation and the changes in the market, unlike the crypto based currencies. Such aspects make individuals believe that cryptograph based currencies will soon take over the mainstream currencies and bring a transformation in the way the money is used.

Why is Bitcoins considered to be a better aspect than the fiat type currencies?

• Bitcoin gives you the opportunity to re-create a free market capitalism.

• The power of controlling the money is absolutely with the individuals, and not with the banks like the fiat type currencies.

• When there is an inflation, the Bitcoin is not affected. But the Fiat type currency will be easier to lose and get affected by it.

• The Bitcoin currency is easy easier to exchange and transfer as compared to the fiat or government currencies.

• The transaction fees involved with the Bitcoin are way cheaper and easily affordable.

Crypto currencies seem to be a favorable option among the people

The fiat type currencies are the centralized and legal way of exchanging money. But, the crypto currencies have acquired immense popularity in the past few years. There will never be anyone who would act as a middle man, like the case with the banks. Moreover, the cryptos are way cheaper and less expensive that the conventional fiat currencies.

Send money anywhere directly without waiting for the bank’s approval

You can send money to anyone in the world directly, and it is super fast. The money gets cleared within a few minutes time. You don’t have to wait for the traditional clearing and verification processes of the banking systems, which might take up to several days to get a clearance. Since it is decentralized and doesn’t come under the law and regulations of the government, nobody has any power to do anything with your account.

The blockchain technology has a very big role to play

Thanks to the crypto currencies, that gives us the power and the authority to become our very own bank, and take control over our finances. It is because of the blockchain technology that offers a higher level of sophistication while dealing with the finances. In fact, there are some mainstream financial industries that have started incorporating the idea of the technology.

Crypto Market Analysis

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Cryptocurrency have been around for a while now and there are multiple papers and articles on basics of Cryptocurrency. Not only have the Cryptocurrency flourished but have opened up as a new and trusted opportunity for investors. The crypto market is still young but mature enough to pour in the adequate amount of data for analysis and predict the trends. Though it is considered as the most volatile market and a huge gamble as an investment, it has now become predictable to a certain point and the Bitcoin futures are a proof of this. Many concepts of the stock market have now been applied to the crypto market with some tweaks and changes. This gives us another proof that many people are adopting Cryptocurrency market every day, and currently more than 500 million investors are present in it. Though the total market cap of crypto market is $286.14 Billion that is roughly 1/65th of the stock market at the time of writing, the market potential is very high considering the success despite its age and the presence of already established financial markets. The reason behind this is nothing else but the fact that people have started believing in the technology and the products backing a crypto. This also means that the crypto technology have proven itself and so much that the companies have agreed to put their assets in the form of crypto coins or tokens. The concept of Cryptocurrency became successful with the success of Bitcoin. Bitcoin, which once used to be the only Cryptocurrency, now contributes only 37.6% to the total Cryptocurrency market. The reason being, emergence of new Cryptocurrencies and the success of projects backing them. This does not indicate that Bitcoin failed, in fact market capitalization of Bitcoin has increased, rather what this indicates is that crypto market have expanded as a whole.

These facts are enough to prove the success of Cryptocurrencies and their market. And in reality investment in Crypto market is considered as safe now, to the extent that some invest as for their retirement plan. Therefore what we need next are the tools for analysis of crypto market. There are many such tools that enable you to analyze this market in a manner similar to stock market providing similar metrics. Including coin market cap, coin stalker, cryptoz and investing. Even thought these metrics are simple, the do provide crucial information about the crypto under consideration. For example, a high market cap indicates a strong project, a high 24hour volume indicates high demand and circulating supply indicates the total amount of coins of that crypto in circulation. Another important metric is volatility of a crypto. Volatility is how much the price of a crypto fluctuates. Crypto market is considered as highly volatile, cashing out at a moment might bring in a lot of profit or make you pull your hairs. Thus what we look for is a crypto that is stable enough to give us time to make a calculated decision. Currencies such as Bitcoin, Ethereum and Ethereum-classic (not specifically) are considered as stable. With being stable, they need to be strong enough, so that they do not become invalid or simply stop existing in the market. These features make a crypto reliable, and the most reliable Cryptocurrencies are used as a form of liquidity.

As far is crypto market is concerned, volatility comes hand in hand, but so do its most important property i.e. Decentralization. Crypto market is decentralized, what this means is that the price fall in one crypto does not necessarily means down trend of any other crypto. Thus giving us an opportunity in the form of what are called mutual funds. It’s a Concept of managing a portfolio of the crypto currencies that you invest in. The Idea is to spread your investments to multiple Cryptocurrencies so as to reduce the risk involved if any crypto starts on a bear run

Similar to this concept is the concept of Indices in crypto market. Indices provide a standard point of reference for the market as a whole. The Idea is to choose the top currencies in the market and distribute the investment among them. These chosen crypto currencies change if the index are dynamic in nature and only consider the top currencies. For example if a currency ‘X’ drops down to 11th position in crypto market, the index considering top 10 currencies would now won’t consider currency ‘X’, rather start considering currency ‘Y’ which have taken it’s place. Some providers such as cci30 and crypto20 have tokenized these Crypto indices. While this might look like a good Idea to some, others oppose due to the fact that there are some pre-requisites to invest in these tokens such as a minimum amount of investment is needed. While others such as cryptoz provide the methodology and a the index value, along with the currency constituents so that an investor is free to invest the amount he/she wants to and choose not to invest in a crypto otherwise included in an index. Thus, indices give you a choice to further smooth out the volatility and reduce the risk involved.

Conclusion

The crypto market might look risky at first look and many might still be skeptical of its authenticity, But the maturity that this market has attained within the short period of its existence is amazing and the proof enough for its authenticity. The biggest concern that investors have is volatility, for which there had been a solution in form of indices.