September, back to school … have you thought about getting a life insurance?

Image result for back to schoolIn September, families have to change again the summer habits to which they had already become accustomed. With the beginning of the month, preparations begin !

It is at this moment, when you start to buy books, school supplies, clothes, when you see them with the illusion or with the fear of the first day … the time of the year in which this circumstance becomes more palpable and it is also that the moment in the one that gives more fear to the different possibilities that the future can hold.

For several years, life insurance came up to cover that need: to cushion the blows of the various circumstances that may occur.

Families economically supported by one or two members, are at constant risk of an unfortunate incident leaving the above-mentioned support to loved ones, causing not only a drastic reduction in income but the subrogation of debts acquired as mortgages or loans .

Before making the decision to contract or not the life insurance, it is advisable to make a small market study and calculate the cost of said insurance (link to the feeder). Almost with total certainty, this small comparison will help all those undecided to opt for hiring, since the resulting costs need not be expensive and the benefits can be very high. It must be borne in mind that life insurance has several modalities and not all are aimed at alleviating the possible effects of incidents on family members, but they can also be aimed at obtaining benefits without the need for any type of event to occur. of misfortune.

In spite of the well-known and obligatory complexity of the policies, in many of the cases we can not fall into apathy and leave aside the study and assessment of the suitability of contracting this service for the family. Life insurance is a tool practically available to everyone and, due to its importance and its importance, should be added to all those little things that are done every day by those closest to you.

Cryptocurrencies: The Bitcoin and 5 alternatives

It all started with Bitcoin in 2009. The first cryptocurrency was presented and we were promised a revolution in the world of payments. Since then we have witnessed an avalanche of information, rumors and even urban legends about Bitcoin.

For example, in relation to its development. It is assumed that this cryptocurrency was created by Satoshi Nakamoto, but there is a small problem: Satoshi Nakamoto does not exist. It is a nickname for the person or team that was responsible for implementing the technology, and even today no one is clear about their identity. As you can imagine, there are theories of all colors.


What is a cryptocurrency?

<strong>What is a cryptocurrency?</strong>

But let’s start at the beginning: what is a cryptocurrency or cryptocurrency? It is a digital currency, that is, not physical, that works with a technology to transmit information between peers (P2P, Peer to Peer). What does this mean? That there are no intermediaries or regulatory entities (such as, for example, a central bank).

This decentralization would affect not only the creation and regulation of the currency, but also the transactions. Many of these digital currencies are open source, with algorithms accessible to everyone, so one of their supposed advantages is the transparency of all movements.


Alternatives to Bitcoin

<strong>Alternatives to Bitcoin</strong>

In any case, the Bitcoin boom came back with many more cryptocurrency. From Ferratum we tell you about the main ones. We already anticipate that the differences between all are fundamentally technical. That if such an algorithm is different, that if the processing blocks are larger or smaller, etc.




Litecoin appeared two years after Bitcoin, in 2011, and was created by Charles Lee, a former Google employee. One of the characteristics of Litecoin is its speed, so transactions are processed much faster. Today, there are many independent businesses that accept this currency.



Namecoin is also part of the young cryptocurrency. Created in 2011, like Litecoin, it has a very specific purpose: to register web domains with .bit termination without censorship. When you want to register a domain of the most common, such as .com, you must do so through a company, which after all has a certain veto power. This disappears in the .bit domains, which do not depend on ICANN, the body in charge of regulating domains.



Peercoin is the digital eco-friendly currency. According to its creators, its algorithms and operating mechanisms are more efficient and, therefore, the computer must work less to process it, with the consequent energy savings. Hence the green leaf of his logo. To this day, a few businesses and NGOs accept this currency.



The origin of this currency is an internet meme. Yes, as you read. Surely it sounds: a few years ago began to circulate on social networks the photo of a Japanese dog smiling at camera and surrounded by phrases in Comic Sans. It was Doge. And in his honor, as a joke, this cryptocurrency was named, whose main feature is also an improved algorithm and greater speed. And the joke got out of hand, because it is one of the most used on the Internet.



Ripple is one of those digital currencies that was also created with a specific objective: Instead of being used to purchase products or services through the internet, Ripple would serve as a tool to convert one currency into another, without relying on a house of exchange. And it seems to work, because there are banks around the world that are adopting their technology

Do not worry if it has not been clear to you at all, it is normal, since it is not foreign currency to use, but they involve a new way of understanding and using money. The future? It remains to be seen if Bitcoin, the most developed of all, makes a permanent hole in our lives, making it difficult to know what will happen to others. For now, we will be pending.