{"id":17715,"date":"2022-05-24T03:48:30","date_gmt":"2022-05-24T03:48:30","guid":{"rendered":"http:\/\/egrowonline.com\/?p=17715"},"modified":"2022-05-24T03:48:30","modified_gmt":"2022-05-24T03:48:30","slug":"investing-in-cryptocurrency-a-lot-safer-today-says-professor-speaking-to-rotary-club-of-aiken-news","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=17715","title":{"rendered":"Investing in cryptocurrency ‘a lot safer today,’ says professor speaking to Rotary Club of Aiken | News"},"content":{"rendered":"


\n<\/p>\n

\n

In his speech to the Rotary Club of Aiken on Monday, Dr. Paul Newsom offered his audience some encouraging words about investing in digital currency.<\/p>\n

\n
\n
\n
\n
\n
\n
\n

<\/p>\n


\n \"Rotary
\n <\/a><\/p><\/div>\n<\/figure>\n<\/div><\/div><\/div>\n<\/article>\n<\/div>\n

He said the main point he wanted to make was \u201cto reassure everybody that if you\u2019re going to get into this cryptocurrency, especially bitcoin, it\u2019s a lot safer today when the bitcoin network first started.\u201d<\/p>\n

\n
\n
\n
\n
\n
\n
\n

<\/p>\n


\n \"State
\n <\/a><\/p><\/div>\n<\/figure>\n<\/div><\/div><\/div>\n<\/article>\n<\/div>\n

Newsom, who is an associate professor of finance at USC Aiken, also discussed blockchain technology.<\/p>\n

\u201cA critical element of blockchain technology is the security,\u201d he said.<\/p>\n

\n
\n
\n
\n
\n
\n
\n

<\/p>\n


\n \"Wildlife
\n <\/a><\/p><\/div>\n<\/figure>\n<\/div><\/div><\/div>\n<\/article>\n<\/div>\n

According to merriam-webster.com<\/a>, blockchain is \u201ca digital database containing information (such as records of financial transactions) that can be simultaneously used and shared within a large decentralized, publicly accessible network.\u201d<\/p>\n

Newsom also mentioned how digital technology is affecting the real estate business, allowing transactions to take place without the use of attorneys.<\/p>\n

\u201cThis has already happened (in this country earlier this year),\u201d he said. \u201cThey created a non-fungible token in the United States. They placed that non-fungible token in an LLC, and now in the state of Florida, you can buy and sell real estate using the Ethereum network.<\/p>\n

\u201cInterestingly enough, the first one of these transactions happened \u2026 in Ukraine,\u201d Newsom added. \u201cSo Ukraine was the first one to ever do this.\u201d<\/p>\n

Newsweek reported in 2017 that an apartment in that country had been sold \u201cfor $60,000 via smart contracts on the Ethereum blockchain.\u201d<\/p>\n

Newsom also is cofounder and managing director of VentureSouth Aiken.\u00a0<\/p>\n

The Rotary Club of Aiken\u2019s meeting was held at Newberry Hall.<\/p>\n<\/p><\/div>\n

!function(f,b,e,v,n,t,s)
\n {if(f.fbq)return;n=f.fbq=function(){n.callMethod?
\n n.callMethod.apply(n,arguments):n.queue.push(arguments)};
\n if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
\n n.queue=[];t=b.createElement(e);t.async=!0;
\n t.src=v;s=b.getElementsByTagName(e)[0];
\n s.parentNode.insertBefore(t,s)}(window, document,’script’,
\n ‘https:\/\/connect.facebook.net\/en_US\/fbevents.js’);
\n fbq(‘init’, ‘973418816133033’);
\n fbq(‘track’, ‘PageView’);<\/p>\n

!function(f,b,e,v,n,t,s)
\n {if(f.fbq)return;n=f.fbq=function(){n.callMethod?
\n n.callMethod.apply(n,arguments):n.queue.push(arguments)};
\n if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
\n n.queue=[];t=b.createElement(e);t.async=!0;
\n t.src=v;s=b.getElementsByTagName(e)[0];
\n s.parentNode.insertBefore(t,s)}(window, document,’script’,
\n ‘https:\/\/connect.facebook.net\/en_US\/fbevents.js’);
\n fbq(‘init’, ‘561246377714188’);
\n fbq(‘track’, ‘PageView’);<\/p>\n

\/\/!function(f,b,e,v,n,t,s)
\n \/\/{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
\n \/\/n.callMethod.apply(n,arguments):n.queue.push(arguments)};
\n \/\/if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
\n \/\/n.queue=[];t=b.createElement(e);t.async=!0;
\n \/\/t.src=v;s=b.getElementsByTagName(e)[0];
\n \/\/s.parentNode.insertBefore(t,s)}(window, document,’script’,
\n \/\/’https:\/\/connect.facebook.net\/en_US\/fbevents.js’);
\n \/\/fbq(‘init’, ‘973418816133033’);
\n \/\/fbq(‘track’, ‘Subscribe’, {currency: “USD”, value: XXXXXX}); \/\/moved\/already exists in <\/p>\n


\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In his speech to the Rotary Club of Aiken on Monday, Dr. Paul Newsom offered his audience some encouraging words about investing in digital currency. He said the main point he wanted to make was \u201cto reassure everybody that if you\u2019re going to get into this cryptocurrency, especially bitcoin, it\u2019s a lot safer today […]<\/p>\n","protected":false},"author":1,"featured_media":17716,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[36],"tags":[8416,2083,52,720,3392,111,2160,8415,7758,8414,446],"class_list":["post-17715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-aiken","tag-club","tag-cryptocurrency","tag-investing","tag-lot","tag-news","tag-professor","tag-rotary","tag-safer","tag-speaking","tag-today"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/05\/628bd3040b8d2.image_.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/17715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17715"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/17715\/revisions"}],"predecessor-version":[{"id":17717,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/17715\/revisions\/17717"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/17716"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17715"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}