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Bezos pitches $97.5 million as charity for homeless services and education

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Bezos pitches $97.5 million as charity for homeless services and education

Jeff Bezos, the owner of Amazon, recently announced the names of the very first recipients for his charitable event named Day One Fund. The initial set of grants boils down to a total of $97.5 million which represents around 1/20th from his proposed pitch for the fund. This number is also close to 0.0006 percent of the cumulative net worth he flaunts.

This fund was named after the axiom by Bezos that aims to treat each day like it’s the very first day for business. The initiation of this fund was announced in the month of September with a commitment of $2 billion that shall consist of two segments. The first shall serve as a funding for homeless services while the other shall be dedicated to creation of “Montessori-inspired Preschools.”

This charitable gift by Bezos shall be split amidst 24 different organizations that are located in Washington, DC along with 16 states. There is no doubt to the fact that groups such as New York based Urban Resource Institute shall make proper use of this $5 million worth charitable funds. Amazon finalized the plans for creation of living quarters at affordable rates for the residents of New York. However, this might push several hundreds of the residents into homelessness.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

Ibinex Augments User-Experience For Bitcoin Procurement

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There are several debates sparked when it comes to Crypto being a safe investment or not. Crypto is not singular but rather a digital currency that’s multifarious. Thus there’s always a possibility of people succumbing to scammers, cryptojackers, and malicious crypto platforms. However this isn’t the sole worry of Crypto investors, any kind of investment is usually subject to market risks. Bitcoin is a highly volatile currency too. The currency is decentralized and not under the jurisdiction of any one particular state authority. Instead, it has many stakeholders all working at different levels to maintain the currency’s relevance. While investors like the idea of non-interference by governments many don’t realize that this jeopardizes Bitcoin’s value as a currency. In fact, Bitcoin investment comes with a speculative risk i.e you might become a rags to riches sensation overnight and vice-versa. Any Bitcoin is valuable as long as it’s considered valuable by Bitcoin traders. Despite Crypto being a hit amongst billionaire personalities like Elon Musk and Jack Dorsey that alone isn’t suffice to seal the deal. To ensure a safe crypto investment crypto users must-

  1. Gain basic knowledge about how Crytpo works and if Crypto protocols align with their investment portfolio.
  2. Seek the experiences of several crypto users before jumping on the bandwagon because remember the OneCoin scam? Yeah.
  3. Set a limit to how much you invest in Crypto platforms. Crypto can be a star player in your investment portfolio if it’s in coordination with apt passive and long-term growth investment strategies.
  4. Conduct thorough research of the Crypto platform you wish to speculate your capital into.
  5. Check what restraints are placed on your Crypto asset or what can you do with it.
  6. Steer clear from weak passwords and Ponzi schemes offered by several unknown blacklisted crypto platforms.
  7. Start with putting your money in more known and popular crypto platforms like Bitcoin, Ethereum, etc.
  8. Look for recognized firms or exchange bases especially if you’re a novice trader.

With the digitalization of our era, it’s no surprise that we are most probably moving towards an era where digital currencies might take over the world. Ibinex is a trading platform that acts as a one-stop solution to crypto exchange problems. The transactions may simply be carried out using your credit card and users can easily register for the platform. Ibinex qualifies as a safe option for Crypto trading as-

  1. Ibinex is a white-label organization i.e there’s no third-party interference.
  2. It offers guarded transactions with its fraud detection mechanism and two-factor authentication.
  3. Ibinex acts hard and fast on attempts to personal information theft and other security breaches.
  4. A 24×7 responsive support team that aids in resolving queries and assists new users with their Crypto venture.
  5. Users can efficiently set up their crypto profiles to buy, sell or trade digital currency within 3 minutes.
  6. Ibinex has its digital assets preserved via cold storage.

Ibinex acts as a bridge for users who wish to invest and explore the fiat currency. The users are however suggested to tread with care and equip themselves with all the required knowledge.

 

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