Month: January 2020

Curious About Cryptocurrencies?

about cryptocurrencies

I’ve been curious about “cryptocurrencies” since they appeared in 2009. But until recently I wasn’t sure what they were. I don’t think I’m alone. I wanted to add an “About cryptocurrencies” link to the “Financial Matters” category at HabiLinks, my web  guide, so I did some research. Wow! Cryptocurrencies are complicated. I’m still not an expert. And I’m not ready to use them myself. But there is growing interest in these financial tools and they seem to be here to stay. Here are some basic things to know about cryptocurrencies. What are cryptocurrencies? Cryptocurrencies are forms of digital currency that use cryptology (code) to conduct financial transactions. Transactions are sent and received directly between buyers and sellers without the need for intermediaries like banks. The first cryptocurrencies were introduced in 2009. Since then many more types have become available. Some of the most popular are Bitcoin, Litecoin, Ethereum and Ripple. You may see images of  “bitcoins,” but don’t be mislead. The coins shown  are  just visual representations of the digital currency concept or novelty items. They have no digital value. How to get them You can buy and sell cryptocurrencies through online platforms or exchanges. Coinbase is one of the […]

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The Real ID: Do You Really Need it?

The new real ID deadline

  The government has changed the deadline for obtaining a Real ID from October 2021 to May 23, 2023. Meanwhile, you may have questions. What is The Real ID? Do I really need it? By when? How and when can I get it? If so, you’ve come to the right place for answers. What’s the Real ID? The Real ID is a state-issued driver’s license or identification card that meets increased federal security standards. Real ID’s have a star on the upper right corner. Starting May 23, 2023 travelers must provide a Real ID or other approved form of identification such as a valid passport to board domestic airlines, access certain Federal facilities or visit military installations. Who needs it? If you have a valid U.S. passport you don’t really need a Real ID, but I highly recommend having both. If you depend on your passport and accidentally let it expire or lose it, you’re in for an unpleasant surprise next time you try to board a commercial airline. Tip: If you plan to use your passport, make sure it’s valid for the duration of your trip. And check the expiration date way ahead in case it takes a long time to […]

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