Crypto-curious

Curiosity has finally gotten the better of me. I’ve just signed up with Ziglu to buy a tiny fraction of an Ether and an absolutely miniscule fraction of a Bitcoin.

Money, done differentlyZiglu
Money doesn’t need to be confusing. Buy and sell digital currency within seconds at great rates. Send or gift both traditional and digital currency to anyone – instantly. Payments in any currency to family, friends or businesses – instantly and anywhere.

I’m not the only one a little curious.

Crypto by the county – how attitudes vary across the countryZiglu
When we commissioned a poll at the beginning of the year to get a view of attitudes towards cryptocurrency across the country, we weren’t expecting such a difference in attitudes between regions of the UK. Londoners are over four times more likely to have invested in crypto than the Scottish; the Northern Irish are 50% more curious about crypto than the East Anglians.

Brits curious yet baffled by cryptocurrencyFinextra
Of the three in ten people (31%) curious about investing in crypto, 62% have held back from buying any because they do not understand the market, while 43% say they do not know of a safe way to buy it. However, the nationally representative survey of 2,000 Brits, commissioned by money app Ziglu and conducted by OnePoll, also found that they would invest if they had a better understanding of cryptocurrencies (64%) and mainstream financial institutions start offering crypto to retail customers (36%).

CEO Mark Hipperson is the man behind Starling Bank, and is no stranger to tricky conversations with regulators and investors when starting things like this.

Ziglu wants to bring the challenger bank mindset to cryptoTech.eu
“So you’re launching a new bank that’s going to be an app only bank. Your website is not going to do any servicing, which was pretty unique at the time, it’s through this app only. You’re not going to deal with cash, you’ve got no branches, you’re not going to deal with cheques and you’ve not got billions of pounds in reserves like all the other big banks. And you think you’ve got a chance to compete in the marketplace?”

It was scepticism overcome as the app-only bank model has been normalised, he added, and people now expect that ease and usability in all their dealings with financial services.

Ok, so now what?

What can you buy with Bitcoin?The New York Times
Pornography, patio furniture and an at-home coronavirus test are among the odd assortment of goods and services people are purchasing with the cryptocurrency.

Author: Terry Madeley

Works with student data and enjoys reading about art, data, education and technology.

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