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Lex Sokolin, Autonomous analysis’s manager of fintech strategy, speaks with Business Insider exec editor Sara Silverstein concerning the need for cryptocurrency inside our increasingly electronic globe. After is a transcript of video. 

Sara Silverstein:  therefore only most of the time how come things like bitcoin and cryptocurrencies have value? What-is-it in regards to the blockchain that is going to change the world?

Lex Sokolin: So there are a few different explanations. The simplest a person is supply and need. if men and women believe it has value, it’ll keep having worth plus and much more of it. However they do have their use situations.

Appropriate, so Bitcoin is a payments vector and you can do with it some thing you might never ever do with only lots and a banking account or a piece of money.  And you will get it done without friction. So some people believe it’s the money offer worth and then there are more some ideas such as the work that adopts making bitcoin — into which makes it a tamper proof. That it self costs money. So some individuals believe thatis the production worth, so there’s countless reasons to justify why the price should really be something or another. But at the conclusion of a single day it is whoever is willing to shell out the dough that is what the purchase price will likely be.

Silverstein: And why do you think the digitization of money could be the future?

Sokolin: The digitization of everything is the long run. This has occurred currently with media, correct — with songs. So we saw the result of digitization is essentially your incomes go down 50% in the market and the rest is all digital.And the same thing took place with retail, right?. Amazon you can easily say is the digital version of all retail. In addition they have about half the marketplace. Now it really is occurring to finance also it’s occurring to equities, and to money areas, as well as in robo advice, and neobanks and insuretech.  And Bitcoin and digitization of cash is just taking care of of that. It’s kind of unavoidable.

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Cryptocurrency investing principles – Top 5 Altcoins to buy under $1

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Listed here is a listing of the very best top 5 Cryptocurrency investing options you could make at under one-dollar.

In today’s episode David Hay goes over cryptocurrency investing fundamentals and stocks his top 5 altcoin that are priced at under one-dollar.

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At the Speed of Money: How Cryptocurrency Will Transform Everything | David Morris | TEDxTampaBay

At TEDxTampaBay, David explores how Bitcoin and related technologies will radically change just about everything.

Passionate about the intersection of technology and culture, Dr. David Z. Morris is a researcher with a PhD in Communication and Media Studies from the University of Iowa. As a writer and strategist, David has written about Bitcoin and other technology for Fortune, The Atlantic, Aeon, and Pacific Standard. His academic work has appeared in journals including Technology and Culture and Communication and Critical Cultural Studies, and he has received research awards from the National Communication Association and the Modern Language Association. He is a former research fellow with both the Japan Foundation for the Promotion of Science and the University of South Florida’s Provost’s Fellows program.

This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at
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ziftrCOIN Raises $878,695 in Cryptocurrency Presale

Boston, MA (PRWEB) February 03, 2015

Ziftr, the company behind ziftrCOIN, will use the money raised during the Presale to help fund its mission of bringing cryptocurrency into the mainstream for consumers and merchants. To accomplish this mission, Ziftr has created a suite of tools and applications designed to integrate with Bitcoin, ziftrCOIN, Litecoin, Dogecoin and other popular altcoins. These tools and applications include the following:

ziftrCOIN – An innovative digital altcoin designed for shoppers. In late 2015, Ziftr will give away 300 million ziftrCOINs so that everyday consumers can begin familiarizing themselves with cryptocurrency. When spent in Ziftr’s merchant network, each ziftrCOIN will have a minimum redemption value of $ 1, functioning similarly to a coupon.
ziftrPAY – A secure API that enables merchants to accept cryptocurrency payments as well as credit card payments without having to view customers’ credit card information.
ziftrWALLET – A secure digital wallet that stores all of a user’s payment information – including credit cards, bitcoins, litecoins, dogecoins, ziftrCOINs and other altcoins – in one place.
ziftrSHOP – A worldwide online marketplace where consumers will be able to conduct transactions using credit cards or cryptocurrency.

“I’m thrilled by the support we received during the ziftrCOIN Presale and would like to extend my deepest gratitude to everyone who contributed and made this such a success,” said Bob Wilkins, CEO of Ziftr and ziftrCOIN. “Thanks to all of you, my team and I can spend the coming months moving forward with our mission of bringing cryptocurrency to the masses. We have many exciting announcements on the horizon, so be sure to stay tuned.”

Some of the immediate next steps for Ziftr post-Presale include onboarding existing ziftrSHOP merchants into the ziftrPAY system, continuing development of the tools and applications designed to integrate with cryptocurrency and developing key partnerships with point of sale vendors, cryptocurrency exchanges and other companies in the financial space.

*BTC value based on 6-month average as reported by CoinMarketCap

About ziftrCOIN™

ziftrCOIN, the first digital currency developed for online shoppers, aims to revolutionize e-commerce by putting cryptocurrency into the hands of consumers and enabling them to conduct simple, secure transactions at their favorite online retailers.

For more information about ziftrCOIN, visit:

About ziftrPAY™

ziftrPAY is a computer application software that connects credit card processors and cryptocurrency exchanges with retailers to facilitate the processing of consumer transactions. ziftrPAY enables retailers to accept both cryptocurrency and credit card payments without having to view or store the customer’s credit card information.

For more information about ziftrPAY, visit:

About ziftrWALLET™

ziftrWALLET Mobile, the first multicoin digital wallet to combine the security and control of a desktop wallet with the speed and convenience of a cloud wallet, stores multiple cryptocurrencies and traditional fiat currency in one secure location. While in Beta mode, ziftrWALLET Mobile works with Bitcoin, Litecoin and Dogecoin, with other popular altcoins like Primecoin, Peercoin, StartCOIN and ziftrCOIN to be added soon.

For more information about ziftrWALLET Mobile, visit

About Ziftr®

Established in 2008 and based in Milford, New Hampshire, Ziftr revolutionizes the online shopping experience through the development of innovative products, tools and apps that make life easier for both consumers and retailers. The company’s first tools, a browser add-on and mobile app that connect shoppers with the best deals at their favorite online retailers, have had more than 2.5 million downloads.

Ziftr is a product of myVBO®, a full-service design, marketing and development company that helps businesses turn their ambitions into realities.

For more information about Ziftr, visit


All statements in this release, other than statements of historical facts that address future ziftrCOIN availability, or developments that the ziftrCOIN expects are forward looking statements. Although the Corporation believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward looking statements. Factors that could cause results to differ materially from those in the forward looking statements include, but are not limited to: market volatility; continued availability of capital, financing and personnel; government regulation and laws; and general economic, market or business conditions.