https://www.youtube.com/watch?v=jKkwfR-ICZ0 ZCash is a cryptocurrency with a decentralized blockchain that seeks to provide anonymity for its users and their transactions. Like Bitcoin, ZCash also has an including its open-source code, but their major differences lie in the level of privacy and fungibility that each provides. ZCash was founded by Zooko Wilcox-O’Hearn in October 2016 in response to [...]
Once your Self Directed IRA (SDIRA) with MDM/Equity, there are different ways you can fund your account. If you haven’t opened your CryptoIRA with MDM/Equity, click here to open an account. Remember that MDM is in partnership with Equity Trust, a leader in the Self Directed IRA (SDIRA) space. Your SDIRA is under Equity Trust but you will [...]
They burned a Banksy piece. Eminem created original beats. Eli Manning sold the rights to Hail Mary pass to David Tyree. These are great moments, great pieces of art especially for those who are into street painting or music or sports. They are also all worth millions of dollars, not as events, but as NFTs. So, naturally, the [...]
You may have seen the term NFT in the headlines lately, mostly in relation to some whopping sums of money ($69.3 million ring any bells?). But you've probably been wondering what the fuss is all about. If you're not sure what an NFT – or non-fungible token – is, or how exactly they work, we're here to help. [...]
My Digital Money (MDM), in partnership with Genesis, provides military-grade security for your cryptocurrency investment. Genesis is a global leader in institutional digital asset markets, facilitating billions of dollars in digital currency transactions on a monthly basis. With Genesis, MDM will also offer: HSM (Hardware Security Modules) farm cold storage in Ex-nuclear military bunkers. It is an [...]
There are different ways you can fund your CryptoIRA: 1) Transfer an Existing IRA If you have an existing IRA - Traditional, Roth, SEP, Simple, Inherited, Rollover - you can transfer those funds to your new MDM Crypto IRA without creating a taxable event or penalty. If you already have a Bitcoin/Crypto IRA, you can check with your [...]
https://www.youtube.com/watch?v=fF80e-kZYfY Litecoin was created in 2011 by former Google engineer and MIT graduate Charlie Lee. As an alternative coin, or altcoin, it arrived two years after Bitcoin. Litecoin also uses the decentralized ledger that powers bitcoin, blockchain, but it varies significantly in availability, network rules and the speed of transactions. What is litecoin’s value and what [...]
Cryptocurrencies can be lucrative investment options, no doubt about that. They have outperformed other investment options in the past birthing successful investors in the process. But having one or two cryptocurrencies in your portfolio is not enough. Sure one coin can make you a millionaire but it is like putting all your eggs in one basket. The [...]
Stellar cryptocurrency’s tokens are called lumens. Introduced in 2014, Stellar wanted to reach the world’s population that didn’t have access to banks. As it evolved, Stellar adjusted lumens to a different niche, and with a different purpose. They now aim to allow financial companies to store money and move it quickly and inexpensively. Stellar’s objective remains [...]
Tether’s trading symbol is USDT. Hong Kong-located Tether was launched in 2014. The aim was to peg it to the U.S. dollar. It means its value would be backed by a dollar reserve equal to the amount of USDT. Tether was originally called Realcoin when launched by a trio of serial entrepreneurs. The token’s development has [...]
