Author Archives: Kame

3 Advantages of Investing in Bitcoin

Bitcoin has been in the news a lot recently, and not always for the right reasons. Despite this, more and more people are interested in investing in Bitcoin. Why? Because there are some clear advantages to investing in Bitcoin that make it a compelling investment opportunity.

Here are 3 of the top benefits.

Potentially High Returns

One of the biggest draws of Bitcoin is its potential for high returns. Unlike stocks or bonds, which tend to generate modest returns (in the 5-10% range), Bitcoin has the potential to generate much higher returns.

Of course, there is no guarantee of this, but for investors with high-risk tolerance, the potential rewards could be well worth it, and you could have enough to pay all your bills in no time- whether it’s finally being able to pay for memory care for a parent or college for a child.

Plus, there are ways to increase your chances of making a profit, like investing in a reliable Bitcoin mining rig. To find a reliable one, simply read reviews from reputable online magazines, and blogs or follow the news.


Bitcoin is a decentralized currency, which means that it is not at the mercy of central banks or governments. This can be a good thing or a bad thing, depending on your view of government intervention in the economy.

For those who are distrustful of government intervention, Bitcoin can be a good way to keep your money out of the hands of government officials. Additionally, because Bitcoin is not subject to regulation by any one country or entity, it could potentially be used in countries where traditional currencies are unstable or unavailable.

To illustrate, imagine you are a citizen of Venezuela. The Venezuelan Bolivar is not worth much due to years of mismanagement by the Venezuelan government, so you decide to convert your savings into Bitcoin. Even if the Venezuelan government decided to ban Bitcoin, you would still be able to hold onto your Bitcoin and use it, since it is decentralized.

More Secure

Another advantage of Bitcoin is that it is more secure than traditional currencies. When you invest in Bitcoin, your money is stored in a digital “wallet.” 

This wallet is encrypted, so your money is safe from hackers. Encrypted means that the information is scrambled and unreadable without a key.

This is in contrast to traditional banks, which are often hacked, resulting in the loss of customer funds.

Other security measures have been put in place as well. For example, the Bitcoin network is designed so that it is difficult to create counterfeit Bitcoins. 

Investing in bitcoin can have some clear advantages. The potential for high returns, decentralized nature, and increased security make Bitcoin a compelling investment opportunity for those who are willing to take on some risk. So, if you’re looking to add a little more excitement to your portfolio, investing in Bitcoin might be the right move for you.

If you have become victim of Forex trading scam, Brokers Complaint will do everything to help you get your lost money back We are fund recovery experts. We assist in getting lost money back from Scams File a Report against the scam broker with us. We will immediately help in recovery. We provide free consultation to victims of Forex scams, Bitcoin scam and all other scam victims.

All you need to know about Nudie Juice Group and its founders

Nudie is well-known for its all-natural juices all over the world. That isn’t all the company makes; in fact, a wide selection of delectable, healthy items can be found on store shelves all around the world. Nudie continues to extend its product line, which now includes everything from delectable, nutrient-dense morning drinks to smoothies, canned fruit crushies, and fresh, additive-free coconut water. Consumers all across the world are more knowledgeable than ever before, concerned about food and beverage preservatives and looking for natural alternatives. Nudie consistently produces pure, delectable items that are free of artificial ingredients.


Nudie, the Australian beverage brand originally formed by Tim Pethick, has grown to be a major player in its group in just 12 years thanks to its unique advertising strategy, which pitted the small company against the big beverage companies in the coffee house, convenience, and super market, with Nudie capturing a 20%+ share of the Australian drinks industry.

About Nudie

Nudie Juices is a one-of-a-kind firm that experienced major challenges in its early years of operation. Starting small, the company concentrated on providing the highest expected quality of consumer items before forming strategic alliances with dealers and distributors in and around Sydney. In a short length of time, the business was able to make a combination of over 200 fruits. Customer reviews poured in within the first five months of the company’s existence, with overwhelmingly positive outcomes. The demand for nudie products expanded tremendously as it became evident that people were enamoured with them. Nudie produces a high-quality product that is appreciated by a large number of individuals all around the world

Inception of Nudie Juices

Nudie Juices began as a regular juice company in January of 2003. Nobody could have predicted that it would slowly become a major global seller. Nudie began as the invention of a well-known business leader and a specialist in organic commercial products, as well as a small group of like-minded businessmen. Andrew Binetter, the CEO of Nudie Juices recognised there was nothing like handmade juices offered on the mainstream market after preparing exquisite fruit drinks at home for friends and family. The concept for nudie was conceived. Nudie sold 40 bottles of juice in her first week of business. New processing facilities were procured as the industry expanded through hearsay. The company developed by great strides after acquiring a plant dedicated to producing all-natural fruit juices and nationwide distribution locations. Nudie also collaborated with significant retail outlets, allowing the brand to connect with customers all throughout the country. Nudie Juices are now sold all over the world.

Alternatives To AKredittkort Or Credit Card Cash Advance

How Credit Cards Work | HowStuffWorks

Can you weigh how much wealthy people spend in a day because we often see them in fancy restaurants, 5-star hotels, luxury shops, and VIP suites to name a few; given exclusive treatments that’s why they are always noticed? While many of us are financially struggling with multiple unpaid debts and no matter how hard we work just to earn money we can’t afford to live like how rich families do. So here we are trying to find ways to collect money, especially when we have emergencies which sometimes come when we run out of funds.

During those crucial moments, we would have even to use our credit cards but I guess this may not be the right time for that so learn from for we have alternatives to this. Indeed, we can use these cards for cash advances but if there are still better ways, then try them so that you won’t have to deal with the interest rates later. We all know that there is a limit for using such accounts so after encashing the funds, will that be enough for funding your emergency case?

You needed money and this is an urgent situation that may lead us to wrong moves and decisions because our minds are not that clear so before moving, stay calm and think well and keep your credit card for now. Let’s assume that these cash advances are not our priority so we should ignore themin the meantime and focus on other alternatives that can be beneficial in our current situation. We can get back to this option only if necessary and when there is no other hope of collecting money.

Credit Card Cash Advances

This is a fast way of funding emergencies but is only available to cardholders so on the first look it will help you out with your urgent finances. Pretty sure that you are receiving great deals to borrow money in advance and your issuers send this every day through SMS, e-mails, and even phone calls. But a lot of cardholders don’t grab these offers even when there are rewards because you’ll have to pay this back with higher interest rates and fees, such as transaction costs.

It is good to know that you can borrow a certain amount but this is a loan and if you intend to take out such debts, then it is better to look for a lending company that provides the instant fund with lower costs and interest rates that do not accrue just like advances. Borrowing is also limited so if you need more, then you need to take out personal loans as well which in my opinion, is not a smart idea. 

Just like regular purchases, you will receive your statement with advances treated as a usual transaction so pay it off fast to end accruing. By the way, repay advances on time since there isn’t a grace period given for this and it will start the accruing on the day the transaction was made – read this for more details.

A loan from Family or Closest Friends

Some individuals feel embarrassed to borrow money from family members or friends because they sometimes won’t ask you for repayment and there is usually no cost. Because of this, we apply for personal loans but if it is for emergencies, they are the first people we can think of since same-day loans are not always received in an instant. So why don’t you make a different approach by writing a loan agreement if that will ease your mind?

Most emergency expenditures are not expensive anyway, so you may set a low interest that can be paid in a short period. This agreement doesn’t need to be signed by a lawyer because it is just for a small amount. You’ll just need this contract for formality and to feel more comfortable.

Beyond Payday Loans: More Startups And VCs Bank On Subprime Lending  Alternatives

Payday Loans

When you have a full-time job, you can enjoy the benefit of advanceson your payroll rather than from your credit card because of the low cost offered by most employers. Since you need money and it is urgent, you don’t have to wait for your next payday. Go directly to the finance officer and request a loan and then settle your obligations right away because you can get the cash atthe soonest time that day.

When it comes to the fees, you may be charged with an 8% interest rate which is already low compared to other lending sources. As for the payment, they will automatically deduct this from your monthly paycheck. So you may choose the terms, depending on how much you can afford to pay back.

Bank Loans

Let me ask you how your rating is – poor, good, or excellent? If one of the alternatives that you prefer would be to take out loans from banks, then make sure that your credit score is good for better chances of approval. You’ll likely want to take this opportunity because interest rates are cheaper than advances.

When the loaned amount is not expensive, the costs will be more affordable and the repayment term can be shorter. This personal loan can be processed in a few days if there won’t be problems with your documents. Therefore, if your financial needs are in a rush, then you might want to try shopping for same-day loans from other lending companies near you.

401(k) Contribution Limits - Overview, Types, Effect on Income Tax

401(k) Loan

If you were a principal cardholder, then it means that you are employed because a certificate of employment is required to acquire one. Now, if you are working in an established company and have no plans of leaving your job, then why don’t you borrow funds through 401(k)? This is an ideal alternative that you can request from your administrator and that will surely be granted since repayments can be deducted from your monthly salary.

You are allowed to take out at least 50% or up to $50,000 of tour funds and you can pay this back for 5 years. I supposed this is a great deal when you need a large sum for your emergency use and other expenses as well. Hard or soft inquiries are not performed on this loan because there are no returns.


The last place that you might want to go is the pawnshop so compare rates first. If the cost for this is more expensive than advances, then I guess you need other better alternatives. The amount that you can get will depend on what item you want to pawn, such as jewelry made of gold, properties, or any belongings that they accept. Pawnshop owners are not stringent when it comes to requirements which include a government identification card and proof of billing because they need to check if this address exists.

Just like any other type of personal loan, you have to pay back every due date since they collect late fees, too, so you better be on time. Now, if you don’t wish to pay extra costs, then make sure to settle such obligations responsibly, and instead of paying extra, save this for other purposes. Pretty sure that you have other finances to deal with, thus make use of this to fund well and only on your main purpose for borrowing.

Things to consider when choosing money lenders

With so many money lending institutions to choose from these days, finding the right one might be difficult. Before you make any decisions about taking a loan, it is a good idea to arm yourself with the necessary knowledge. It will be beneficial if you conduct thorough research to obtain all of the information you require to make the best decision possible. SKM Credit, for example, is a trustworthy money lending institution that is good at money lending in Toa Payoh Central in Singapore.

These are the things you must consider when choosing money lenders.

Thorough background check

Proper research can save you a lot of time and aggravation in the future. Regardless of what you have heard about the lender, you must conduct a thorough background investigation on him right away. This will save you a lot of trouble in the future. Make sure that, in addition to conducting a web search of evaluations on several borrowers’ websites, you obtain the contact information of former customers and ask them directly.

Prepayment penalty rates

The prepayment penalty rates of the loan will not be disclosed by all money lenders. To avoid the hassle of paying heavy fines afterward, you should inquire about this beforehand. Make a reasonable decision by comparing the prepayment fines with that of other lending institutions! This is one of the most common blunders made by private equity investors while searching for a real estate investment loan. By inquiring about it before you get a loan, you might avoid the misery of paying significant prepayment penalties.

Offered Products and Services

When negotiating with money lenders, it is crucial to double-check their products and services. The services that are offered should assist you in determining whether or not the lender is legitimate. A trustworthy and renowned loan company will always provide a variety of services. Before making a final selection, first, ask some questions about the services they offer. It will ultimately save you the time you would have wasted switching from one borrowing firm to another.

Experience and credibility

When it comes to choosing money lenders, these two factors are critical. You want someone who is reliable and who won’t take advantage of you. Conduct a fast background check to see if they are trustworthy or not. Look them up on the internet and, most importantly, talk to some of their prior customers. Additionally, ensure that the lender has sufficient experience, a positive reputation, and has been in the business for many years.

Commodity Trading and Cryptocurrency Markets

If there is any across-the-board similarity for investing that cryptocurrencies fall into, Gary Fullett likens them the most to commodities. And that feeling is shared; the federal government has recently classified crypto as a commodity, particularly in direct digital coin and token trades. And that means that a lot of the principles experienced traders like Gary Fullett are used to with traditional commodity trading also apply to the cryptocurrency markets as well.

Decentralized Supply & Demand Markets

The most important thing to understand about commodity trading, Gary Fullett notes, is that there is no one key player that dominates the market as a product or a service. Instead, the fundamental unit of trade, the commodity, moves by raw supply and demand. That, in turn, drives price upward when supply is scarce and price downward when supply becomes plentiful. Just like pork bellies and crops, the digital currency loses luster when there are lots of sellers, but when everyone wants a piece of the pie, the value skyrockets. Add in the fact that much of the price-changing is managed by computers working at split-second speeds, and it’s quite possible for crypto markets to engage in what Gary Fullett refers to as flash sales. These moments when computers are moving so hard on trades, prices skyrocket dramatically or drop in deep, painful spikes before settling down again.

Completely Unregulated Trading, Caveat Emptor

However, Gary Fullett warns, cryptocurrencies are missing a key element in their commodity trading that occurs with traditional markets – namely, regulation. Public commodity markets on the stock exchanges are regulated by the government to make sure that all players are licensed and vetted. That’s not the case in the crypto universe. It is international, runs 24/7, and there is no regulatory body managing the players involved. The blockchain technology and design keep much of the price-fixing fraud out of the picture as any blockchain cheats are corrected and eliminated by the decentralized processing of the crypto’s blockchain. However, Gary Fullett points out, pump and dumps are alive and well, and the “fear of missing out” factor, or FOMO, can drive a lot of folks to throw money in and watch it burn up in losses quickly.

Don’t Get Personal with the Inventory

Gary Fullett notes approaching the crypto markets today as what they really are, unregulated commodity trading, is pretty much the smartest strategy towards digital investing. That infers not assuming anything more than what the commodity position actually involves, i.e. the coin itself does not infer any particular value or future return beyond raw demand. Gary Fullett also points out folks should be ready to objectively move in and out of crypto coins as the market dictates versus hoping that somehow a given coin or token will inherently rise over time. That’s simply not how commodities work. They have no appreciation value versus something like real estate, for example.

Objectivity is a Virtue

When people approach cryptocurrency trading correctly, Gary Fullett expects, losses tend to be minimized and gains tend to be far more consistent and realistic. But one has to spend time and experience to learn the crypto commodity markets well and, Gary Fullett warns, still be prepared to take a beating once in a while with sudden market twists that happen often by sheer market panic or rushes. It’s simply the nature of commodity trading in its raw form.

Difference between taking personal loans from money lenders and that from the banks

As you move ahead in your life your expenses eventually increase and sometimes it becomes hard to manage all your bills and fulfil the necessities by staying debt-free. In most situations, the big responsibilities come in your way when you are getting married, planning a baby, renovating your house, or staying prepared for unexpected emergencies like an accident.

Most of the time when there are urgent cash requirements people only see the option of going to the bank for a loan. But after the restrictions and stringent policies of the bank, they find that money lenders are a more reliable resource to take help. Before going to a moneylender for a loan you should be assured that the firm is licensed and can provide you with simple processing and quick responses.

How will you know whether a firm is licensed or not? It is not a big thing as the Ministry of Law website has the list of all the licensed money lenders to help you reach the right firm in no time. So borrowing money from a moneylender requires to check that they still have a valid license. All this has made it easy for people to have personal loan in Toa Payoh Central without making much effort.

But still, there is a big question in the mind of the people that why it’s better to go to a moneylender than a bank?
Though you cant borrow a high amount loan from a money lender as compared to the banks but still, the faster processing and fewer restrictions have made it the first choice of the borrowers. The licensed money lenders don’t go deep in regards to your citizenship, credit scores, or income. While the banks will only allow the citizens with an income of more than $20000 to have personal loans from the banks. And for the foreigners, there are some other policies in the bank processes.

Your loan gets approved and released by the money lenders without much scrutinizing the credit history or other documentation. And within a few hours, your loan gets approved and in your bank account.

Along with various privileges you also have to look at interest rates that should be low and in your budget to get your loan repaid on time. You should have a clear purpose and a focused plan to repay your loan so that you don’t face any trouble at the time of repayment.

An extensive review of the best cryptocurrency exchange app

The best cryptocurrency exchange for starters and experienced traders

One of the most growing business sectors is cryptocurrency. There are many opportunities for traders around the world, hence the need to have a reliable exchange.

Many crypto exchanges exist and more keep emerging. Sadly, not all are genuine. Fraudsters take advantage of the fact that a lot of people are looking for a trading platform. They create websites that give fake promises. Innocent users end up losing not only their money but also their data.

Experts recommend performing thorough research before registering on any exchange. Some things to consider include availability, license, ease of use, customer care, and safety features.

Expert reviewers have analyzed the existing exchanges and found Cryptology to be one of the best. The platform can get accessed using a PC or an Android or iOS mobile device. The trading service is accepted globally except in the United States and Japan.

Cryptology is one of the trading companies that meet all the above requirements. The service is global. It is only the people in the US and Japan that cannot benefit from it. However, since the operators keep improving their offers, they will likely extend their services to those nations.

The safest cryptocurrency exchange in 2021

The platform offering trading services is operated by a distinguished company in Seychelles. The first thing traders will notice when they load the website is a simple layout. Even new entrants in the crypto business will not have problems understanding how to operate it.

Registration only takes a few minutes, and customers only need to provide a few details. The operators offer the trading service in languages such as:

  • Bulgarian.
  • Russian.
  • English.
  • French.
  • Spanish.
  • Korean.
  • Chinese,
  • German.
  • Hindi.
  • Polish.
  • Portuguese.

The top cryptocurrency fiat exchange registration and verifications processes

You cannot use the trading platform without passing the registration and verification processes.

The signup requirements:

· Name.

· Nation.

· Email.

· Password.


The crypto exchange adheres to the KYC requirements. Customers undergo two verification steps that come with different benefits.

The 1st verification  

The step allows you to deposit a maximum of ten thousand dollars. You need to submit the following to pass.

· Your name.

· Proof of your identity.

· A picture of you with your ID.

The 2nd verification

Passing the second verification process permits you to deposit limitless amounts of money. The company requires you to submit the following:

· Your name.

· Proof of your residence.

· Address.

· The issuer.

Your address can get proven by documents such as a utility bill, a bank statement, or a government document.

The features you can find at the best new cryptocurrency exchange. 

There are several features. They include:

  1. Buy cryptocurrency 

Traders can trade cryptocurrency against RUB, EUR, or USD. The feature cryptos are as below, and the operators will keep adding more:

  • BTC.
  • ETH.
  • LTC.
  • USDT.
  • XLM.
  • XRP.
  • ZEC.

Other activities you can do include converting Bitcoin to USDT and vice versa. You can achieve that with a single button click.

  • The exchange

The website is adaptable and comprises several trading pairs together with market charts and tools for analysis. 

The top cryptocurrencies trading against fiat and stable coins take place on the exchange through placing the following:

· Limits.

· Market orders.

· Stop-limit.

The exchange pairs

  • BTC.
  • ETH.
  • XRP.
  • DYDX.
  • XLM.
  • BCH.
  • LTC.
  • ZEC.
  • USDT.
  • DAI.
  • USDC.
  • TRX.
  • BAT.
  • KVI.
  • PSC.
  • 1INCH.
  • EURS.
  • EUR.
  • USD.
  • RUB. 
  • Cryptocurrency futures

The service allows placing perpetual trades with a leverage of up to a hundred times. The available options include cross-margin and isolated places. 

There are mitigation systems to ensure traders safety and minimizing high volatility risks.

The trading entity also has an insurance fund and auto-deleveraging systems.

  • Earn

The feature got introduced recently to allow traders to make profits of as high as earn up to 15% each year. 

The lock period terms are:

  • Flexible term.
  • A fixed 1-month term.
  • A set 3 months term.

People that stake CRO enjoy better yearly earnings.

The feature rewards through:

  • EURS.
  • DAI.
  • USDT.
  • USDC.
  • BTC.

Direct entry and low charges at the most reliable cryptocurrency exchange

The top cryptocurrency exchange is the most straightforward platform for traders. You can benefit from the service no matter your past trading services. 

$0.10 is the lowest minimum order size that suits any type of trader.

Expect low commissions and trading fees. For instance, the makers’ and takers’ cost is 0.002. In addition, the company has not attached costs on rollover and overnight open futures processes.

You will only incur a small amount when making deposits or withdrawals through cryptocurrency and fiat.

The safest cryptocurrency exchange transactions 

Trading entails depositing funds and withdrawing profits. The leading exchange features fast and reliable payment options.

Ways of making payments:

  • MasterCard.
  • Visa. 
  • Deposit Express.
  • Boleto.
  • Wire transfer.
  • Cryptos such as TRC20, ERC20, and USDT.

Ways of performing withdrawals

All featured cryptocurrencies are ideal for withdrawing. The only one customers can’t use is BCH.

The 2nd withdrawal option is the wire transfer. It encompasses a service like SEPA, and only verified members can use it.

Withdrawing funds through wire transfer has a fee. However, depositing funds using the same option is free.

All featured payment services are simple, and they make the trading service flexible. 

Support and security features at the multi-cryptocurrency exchange

Cryptocurrency is one of the business sectors that are prone to scams. However, there have been security bridges in the past, forcing exchange owners to take strict measures.

The leading exchange ensures users’ safety by employing up to date tools. One of the measures is the two-factor authentication that requires customers to prove legit before accessing their accounts. The process also protects processes such as withdrawing funds and editing passwords.

Another safety procedure is the SSL protocol. The process encrypts customers’ information rendering it unreadable to other people. It further identifies and fixes loopholes in the security system.

Expect excellent customer care as well. The company employs experienced and friendly people to attend to users. You can interact with them via email, or you can use the ticket system to request assistance. All issues get resolved within twenty-four hours, no matter how complicated they are.

Furthermore, there is an FAQ section on the trading website. The place has answers to most of the questions traders often ask. So, you may not always need to talk to a support agent.


The article has covered everything that traders need to know about the leading cryptocurrency exchange. There is enough proof that the service is legit, and users will benefit from the platform. The site is among the most transparent crypto places you can find. You do not need technical knowledge to operate it. It is the perfect place for people that are joining the crypto trading industry for the first time.

The only thing that can be discouraging about the online platform is that America and Japan do not accept its services. Everything else is okay. So, people from all other customers can register and access the service anytime from wherever they are. 

HODL Crypto Token: Yield Farming vs Staking vs Liquidity Mining

The crypto world is raging right now. So many new projects and new cryptocurrency users are active on the internet. New tokens come out every day, and new technologies and ideas are introduced to the users.

If you want to be part of this world, you’re making the right decision. Investing in the blockchain industry is also a smart move, but there are various ways to put your money, and you need to know which one is the best.

In the DeFi industry, there are more different ways to make money out of your actions. For these projects, you can use your machines and assets to grow your wealth. The most common practices are yield farming, staking, and liquidity mining. Let’s see which one seems to be the best fit for you.

What is Yield Farming?

Let’s say you bought a particular amount of the HODL token and you want to make more of it. You can use yield farming to grow your funds. How does this work? You deposit your funds, or part of them, into a liquidity pool where other users and the industry itself can use them for trading needs.

Just like CeFi, where banks need to have the actual currency in their vaults, in DeFi, the traders must have the actual cryptocurrency to allow fast and seamless trading. When you provide your funds for this, you earn interest and make profits.

This method is considered a high-risk investment, as the assets you are investing, can be liquidated, for example. On the other hand, you may earn tremendous amounts if there’s a lot of trading and your assets are used frequently.

What is Staking?

Staking is very similar to yield farming but still different. Staking is a part of the blockchains that use PoS technology. PoS stands for Proof of Stake, and is similar to mining that most of us know very well, but is a different kind of technology used in the crypto world.

Staking works differently than PoW (Proof of Work), or mining, because there’s no actual need of solving algorithms by powerful machines, but the staker that has more coins invested will have a higher chance to prove the transaction, thus, makes more profits out of it. Learn more about it here.

This method is arguably going to take over the better-known Proof of Work way because it spends less electricity and is a more advanced method technologically. Still, to maintain the transactions and validation processes of blockchain technologies, there will always be a need for proof.

What is Liquidity Mining?

Every DeFi project has a liquidity pool in which there are two or more different cryptocurrencies. When users need to make an exchange, the pools will provide the assets for the swap. If there are no pools, or if they are empty, the transaction won’t be possible.

The role of the liquidity providers is to throw their assets into this pool and make a profit every time someone uses them for a transaction. This is called liquidity mining. The providers don’t need to have any kind of special powerful machine to do it, and this is entirely different than the standard mining we talked about.

The risks are lower in liquidity mining compared to the others, but also the rewards are smaller when there’s a chance for it. To get more rewards, you’ll also need to invest more assets into the pools as this is going to help the transactions become seamless. See more about it here:


As you can see, all three have their pros and cons. Some of them are riskier, and some are not as much. At the same time, some of them can give you a lot of profit, and others won’t as much. It’s up to you to decide what seems like the best idea, and where you should invest your assets.

It’s crucial to know that just like in the CeFi world, there’s no business that is risk-free in the Defi world. There’s always a chance for a rug pull or sudden bubble blow of the currency you invested your money in, so better invest smartly.

How do corporate gifts help employees?

Corporate giving is a way of connecting and progressing in a corporate partnership through the exchange of presents. Giving a present at holidays or corporate events increases the professional link between staff, customers, and potential buyers.

Corporate gifts are valued products offered to workers as a mark of thankfulness or generosity by their employers without any mandate. Most large companies and organizations have regulations in place regarding the distribution of business presented to their personnel.

Multiple benefits of corporate gifting

Gifts can help you deepen your bond with your employees while also boosting their spirits. You can thank them for their efforts or commemorate an important achievement in your company’s history. Such programs can improve workplace optimism. As a result, there are several long-term advantages of gifting giftings, such as higher efficiency, more referrals, increased revenue, etc. Corporate gifts ultimately benefit the company itself but it also helps the employee by increasing their work satisfaction and happiness.

A meaningful, long-lasting relationship

When gift ideas for business clients and workers are properly considered, they increase a person’s sense of being appreciated by the company. It’s about assigning a monetary value to a client’s needs. Acknowledging employees’ contributions and services is essential as it helps deepen the connection. They may even be inspired to do better at their job. This is especially true when giving personalized presents to business associates since the personalization component magnifies the sense that something has been custom-made just for them.

Builds motivation

Corporate gifts help strengthen the bond between the employer and the employee. Gifting on special occasions such as birthdays and holidays helps employees form a personal bond with the company and its employers, resulting in long-lasting relationships. When employees are recognized for their continued support and encouragement, they are motivated to keep working hard to build a relevant work environment.

Boost employee morale and build customer loyalty

One of the most significant advantages of corporate gifting is that it can improve staff morale. This is especially useful when things are difficult. Even if the presents are small, they can readily motivate personnel who are working on a particularly difficult project. Customers that get a corporate gift are more inclined to do business with you again in the future. This ensures a repeatable company strategy and establishes a reputable corporate relationship link. As a result of corporate gifts, customer loyalty improves.

The Britcoin – the new player in the race for effective CBDC?

The former finance minister of Greece, Yanis Varoufakis, seems to have found a perfect playground for his economics. In the novel Another Now which he wrote, he created a whole new alternative universe, where stocks have been abolished. It is indeed a sort of financial sci-fi

Everyone in his world is entitled to personal monthly capital. It’s a sort of allowance paid out by the central banks that own all the saving accounts. Everything is administered with the use of a digital currency, and the system is perfectly transparent. It successfully bypasses retail banks with all their interest rates focused on commercial success.

Could it be that Varoufakis’ utopia is closer than we could imagine? The race to introduce the sustainable CBDC (central bank digital currency) has already begun, and the United Kingdom has entered it as the latest big competitor. During the UK’s Fintech Week it has been announced that the special Chancellor’s Taskforce will engage with stakeholders to better understand the practicalities, benefits, and risks of opening the possibility to set up an account with the Bank of England.

To catch a glimpse of what this “Britcoin” really is, we could take a look at the only two existent examples of similar endeavors. In October 2020, Barbados has issued “Sand Dollar”, a block-chain-encrypted digital currency that has been tied to Barbadian Dollar. It’s been introduced so that the government is able to transfer big funds between the islands during the (rather frequently occurring) natural disasters. The other example is the Chinese Yuan (only in digital form), which is being currently piloted in chosen municipalities.

Britcoin – what are the reasons for it?

The United Kingdom’s needs are obviously different to the ones from China and Barbados. Their version of central bank digital currency will prioritize interbank over retail. This seems to be the safer option, acting as a crypto-currency investment signal in the short-term. This is supposed to be the basis for the architecture of future retail projects.

In February, the Taskforce received some recommendations from Kalifa Review about the United Kingdom’s UK Fintech outlook. Basically it highlighted the need of developing more and more cashless society, as well as making the payment processes cheaper. The possible pay-off is very tempting, though. Back in 2016, the Bank of England reported, that if 30% of GDP was circulated as the digital currency, the GDP itself would grow permanently by 3%.

Britcoin, should it become the finished product, will most likely become a hit with British consumers, who are already widely accustomed to services such as TransferWise, Nutmeg, and (most notably) Revolut.

If the government plans will prove to be serious enough, they should be aware of the consequences for the local banking sector, too. To get the fuller picture, maybe they should read more carefully into Varoufakis’ work, as it isn’t too far away from their solutions.

Is Britcoin welcome in the United Kingdom?

Bank of England should be more than keen to introduce its own CBDC. This would free them from relying on the commercial banks. With universal CBDC the central bank would be able to directly pay for assets with their own money. Is this a very smart and profitable way to bypass the banking sector? Of course, yes.

How will (and should) commercial banks fit in this entirely new financial market? The full implementation of UK’s CBDC will pose questions regarding the need for capabilities of the retail banking services. If the central bank will be the only entity responsible for the payments and the store of value. And Haydn Jones, the UK Blockchain and Crypto PwC’s specialist seems to be giving the answer to that. One thing is sure – implementation of Britcoin will be a big and demanding task.

To find it out, as well as read the whole original piece written for Disruption Banking by Oliver Rhodes, enter the following link. You’ll access the full comprehensive analysis enriched with quotes from specialist: