It may have taken a while for cryptocurrency to get traction but it was exciting that more and more businesses and channels are accepting it for making payments. What’s thrilling about this is that, cryptographic money can now be used as payment to title loan for a car or as payment for a car. As a matter of fact, there’ve been reports that some car dealers are accepting Bitcoin as a form of currency.

Buying New Car with Your Digital Money

We are spending money for things that we need or want. While crypto is recognized widely as a digital resource, people are still treating them as another form of cash such as paper checks or plastic cards.

In such a way, a lot of digital money holders are searching for ways on how to spend their coins on substantial purchases that do accept it. And they didn’t fail as several car dealers are actually enabling clients to buy cars for cryptocurrency.

Perhaps, if you’ve managed to save a thousand Bitcoin back in 2009 when it was exchanging for pennies and figured that it will hold tight throughout the years, you may be carrying a fortune to day. Roughly, if it’ll be exchanged in today’s money, you can have more or less 5.2 million dollars.

Buying Automobiles with Cryptocurrency

Indeed, it’s possible to buy a car with cryptocurrency. So long as you find a car dealer who is acknowledging this as a payment method. However, bear in mind that buying a car with your crypto won’t be done anonymously. It’s for that, you have to submit a couple of personal information like:

• Driver’s license
• Pay taxes
• Insurance

Then after, you’d have to have the title of the car be exchanged to your name.

Methods for Buying Cars using Crypto

There are multiple ways to buy cars with your crypto like for example:

1. Buy it online – some online services do accept payments via digital money. So use this to your advantage. Or, check out with private car dealers that are acknowledging crypto as payment.
2. Seek referrals – be active in a crypto network or join such groups to broaden your knowledge. This will give you lots of great idea on how to use your crypto to make payments for a car.
3. Convert it into cash – cash always rules. The least demanding and hassle-free process in buying a car is by paying it in cold cash. There are a number of digital money exchange platforms that are exchanging coins to cash. For a small fee, you’ll be able to trade your digital currency and have the money deposited into your account.

In order to have a starting point of your dreams, and how you can move to get closer to them, we need money first. Not because it is the fundamental of all things and how you can be successful in your life, but realistically, the money will get you moving and leveling up with those dreams you have in mind. For starters who want to create their own business, investing with the help of https://www.forafinancial.com/blog/working-capital/get-business-loan-bad-credit/, get the means to apply on that job, or to simply save up, one would need to land a job. Most of us are not that lucky on applications, that leaves us wondering, what is the problem? is it something I said, or is it just me?

Common Notions That Needs To Be Revamped

Focusing on that job. While this may not seem wrong at all, and it is in fact not quite wrong, focusing on one job is a mistake most make. Considering that you are a fresh graduate or someone who had the sudden encouragement to start looking for a job, searching for one job hiring that appealed to you and giving every ounce of time and effort on that one, will do you no good. It is far better to make a list of several hiring you would want to take, send your resume on each one, then wait for their feedback. In this case, you will have more options to choose from in case a couple will pass you on their interview, and you multitasked on a week of job hunting.

The second thing most have the tendency to do is to get all giddy in applying. People who are looking for jobs get too much excited when they see one that seems very dreamy to them or tops their list of job preference, and thus they send all needed requirements without second thoughts. To make yourself more of a candidate in that position, make sure that your required materials are not that generic, and targets the position directly. Spicing up your resume in conforming to what they are looking for will make it feel more personalized for them, and won’t end up as another basic application.

Facebook’s Libra project is about combining online shopping and making other online financial transactions right on the Facebook platform, whilst using only a single digital currency as acceptable mode of payment. Facebook would call its own kind of cryptocurrency as Libra.

The mechanics looks appealing as it will make Facebook a one-stop-shop environment where people can communicate, meet, shop and transact at the same time. However, there is just one important problem that Facebook will find difficult to hurdle: lack of trust among Facebook users.

The general perception is that the social media site lacks the capability and diligence to prevent the certain forces in the Internet from gaining access to FB-Libra user’s financial information and activities if ever.

Why Many Consider the Facebook Libra Project as Untrustworthy

When Facebook revealed its “Project Libra” sometime in June, it instantly projected a picture in which people living ordinary lives will finally have a chance to dip its hands into the growing world of cryptocurrency. The project looked appealing because it made the process of dealing with cryptocurrency so convenient and at the same time not so complicated.

Yet that is exactly the problem, Project Libra seems all too easy, which if handled by a social media site like Facebook is too risky. After all, not a few million users have had the experience of getting their FB accounts hacked, or the security of their personal information breached.

Technology websites like Tech Republic can present a decade-long list of privacy information breach that the Facebook platform allowed to transpire through the years.

The worst and the most recent was the one carried out by a political consulting and strategic communications company called Cambridge Analytica. The firm was able to gather personally identifiable information from 87 million users who were enticed to take a personality quiz called “This is Your Life.”

The U.S. Congress, through the Senate Committee on Banking, Housing and Urban Affairs held a hearing in which FB Messenger Exec David Marcus and supposed head of the Libra project launch, was grilled on all sides. The hearing ended with Committee Chairman, Senator Maxine Waters, requesting the social media company not to go ahead with the Libra launch until such time that proper legislation governing cryptocurrency operations are in place.

Recent Poll Shows Only 2% of People Surveyed Trust Facebook’s Project Libra

A recent survey conducted by US-based CivicScience involving 1,799 American adults showed that 77% do not trust Facebook with their personal information, while only 2% put a lot of trust on Facebook.

The survey also revealed that when it comes to trusting Facebook’s Libra Project, at least 40% of those who responded say they had less trust in Libra over whatever trust they have for cryptocurrencies like Bitcoin.