Getting Started With Crypto

  Investing in the Crypto Currency market space can be a little daunting for the traditional investor, as investing directly in Crypto Currency (CC) requires the use of new tools and adopting some new concepts. So if you do decide to dip your toes in this market, you will want to have a very good idea of what to do and what to expect.

Buying and selling CC's requires you to choose an Exchange that deals in the products you want to buy and sell, be they Bitcoin, Litecoin, or any of the over 1300 other tokens in play. In previous editions we have briefly described the products and services available at a few exchanges, to give you an idea of the different offerings. There are many Exchanges to choose from and they all do things in their own way. Look for the things that matter to you, for example:

- Deposit policies, methods, and costs of each method

- Withdrawal policies and costs

- Which fiat currencies they deal in for deposits and withdrawals

- Products they deal in, such as crypto coins, gold, silver etc

- Costs for transactions

- where is this Exchange based? (USA / UK / South Korea / Japan...)

Be prepared for the Exchange setup procedure to be detailed and lengthy, as the Exchanges generally want to know a lot about you. It is akin to setting up a new bank account, as the Exchanges are brokers of valuables, and they want to be sure that you are who you say you are, and that you are a trustworthy person to deal with. It seems that "trust' is earned over time, as the Exchanges typically allow only small investment amounts to begin with.

Your Exchange will keep your CC's in storage for you. Many offer "cold storage" which simply means that your coins are kept "offline" until you indicate that you want to do something with them. There are quite a few news stories of Exchanges being hacked, and many coins stolen. Think about your coins being in something like a bank account at the Exchange, but remember that your coins are digital only, and that all blockchain transactions are irreversible. Unlike your bank, these Exchanges do not have deposit insurance, so be aware that hackers are always out there trying everything they can to get at your Crypto Coins and steal them. Exchanges generally offer Password protected accounts, and many offer 2-factor authorization schemes - something to seriously consider in order to protect your account from hackers.

Given that hackers love to prey on Exchanges and your account, we always recommend that you use a digital wallet for your coins. It is relatively easy to move coins between your Exchange account and your wallet. Be sure to choose a wallet that handles all the coins you want to be buying and selling. Your wallet is also the device you use to "spend" your coins with the merchants who accept CC's for payment. The two types of wallets are "hot" and "cold". Hot wallets are very easy to use but they leave your coins exposed to the internet, but only on your computer, not the Exchange server. Cold wallets use offline storage mediums, such as specialized hardware memory sticks and simple hard copy printouts. Using a cold wallet makes transactions more complicated, but they are the safest.

Your wallet contains the "private" key that authorizes all the transactions you want to initiate. You also have a "public" key that is shared on the network so that all users can identify your account when involved in a transaction with you. When hackers get your private key, they can move your coins anywhere they want, and it is irreversible.

Despite all the challenges and wild volatility, we are confident that the underlying blockchain technology is a game changer, and will revolutionize how transactions are conducted going forward.

New Delhi: Hearing the petition against the Reserve Bank of India's (RBI) ban on bank dealings with crypto-related business, the Supreme Court of India has upheld the decision of the apex bank. Earlier the Supreme Court of India had ruled that all the crypto-related cases should be clubbed and fixed July 20, 2018 as the date for the hearing but since the ban by RBI would be effective from July 6, 2018 so the apex court accepted the request of the industry body and set July 3, 2018, as the hearing date.

The Supreme Court has thus yet again refused to stay RBI's April 6 circular, which had directed all banks to extract themselves from existing relationships with crypto exchanges and traders within three months, due to take effect July 6th.

The central bank's controversial blockade has prompted both public and industry-led petitions, with some appealing to the courts on the grounds that the decision is unconstitutional.

The Internet and Mobile Association of India (IAMAI), which counts as its members several of the crypto exchanges challenging RBI's stance, requested the early hearing at the Supreme Court. The court had set an initial date of July 20, two weeks after the ban will have taken effect.

At a previous petition hearing on May 17, IAMAI was reportedly requested to submit a representation against the central bank. Nischal Shetty, CEO of crypto exchange Waziri, is quoted by Quartz India saying: "We had submitted a detailed presentation that could have given RBI a clearer picture on what is blockchain, how the exchanges work, etc. But we hadn't heard back from them yet. In the hearing, RBI has also been directed by the apex court to respond to the representations made by the firms in next seven days."

A Twitter post from a team of Indian lawyers involved in crypto regulatory analysis confirms that the Supreme Court has today directed RBI "to respond with reasons" to the IAMAI's representation. The Supreme Court will hear existing petitions at the aforementioned July 20 hearing

In your effort to become healthier, you could be making yourself sick. Drinking water is definitely essential to our survival and our body's health. And nowadays, it has become a huge fitness craze since everybody wants to drink the right amounts of water. But ordinary tap water or even bottled water are not the best choices. Some individuals are choosing a faucet water filter to ensure the safety of their drinking water.

Today, people are shying away from unfiltered tap water because of several public health scares. For example, in 1993 an outbreak of cryptosporidium occurred in Milwaukee and infected thousands of residents. When cryptosporidiosis gets into drinking water it can cause intestinal problems when people drink the contaminated water. And the culprit is a little parasite that can do big damage. Both the disease and the parasite are commonly known as crypto. What people need to know is that without faucet water filters in their homes crypto can get into their drinking water.

You need to understand how this parasite can get into water. Crypto may be found in water sources such as private wells that have been contaminated with feces from infected humans or animals. Water can get contaminated through sewage overflows, polluted storm water runoff, and agricultural runoff as well.

It all begins with the fact that crypto can live in the intestine of humans and animals, and then passes through their stool samples. What is so tricky about this parasite is that it is protected by an outer shell, which lets it live outside the body for a long time. What's even more disturbing to water authorities is that it's hard to eliminate through chlorine disinfection.

Also, what most individuals do not know is that crypto is found in every part of the United States and even worldwide. For the past twenty years, crypto has become one of the most common causes of waterborne disease for Americans.

Nevertheless there is some good news. A faucet water filter can remove such dangerous contaminants better than any other purification method https://www.mediasnet.net/. They are uniquely designed to filter municipally treated water. A filter with an absolute pore size of 1 micron or smaller can effectively remove such parasites as crypto.

Remember, dangerous parasites like crypto will probably be around forever. There's nothing you can do about that. But what you can do is invest in a good filtration system for your home. Well-made faucet water filters can remove crypto and other contaminants from your drinking water. This is a challenge that municipal water treatment plants and bottled water companies have not been able to solve.

Rich Eng serves as the leader of a high growth healthcare services business for a Fortune 500 company. A 20 year industry veteran and "holistic health and fitness" coach, he constantly researches better ways to improve one's mind, body and spirit.