Although Bitcoin has been around for a decade now, a lot of people are still puzzled by the idea of cryptocurrency. According to Southridge Capital, a company that helps corporations with structured financing, the mysterious nature of cryptocurrency is part of what has made the technology so popular. All of the buzz surrounding Bitcoin, Bitcoin Cash, and the endless alt-coins that keep popping up has piqued the interest of investors who are afraid of missing out on the next big thing. Many potential investors are put off by the fact that the media does a terrible job of explaining what this technology is and how it works. However, cryptocurrency, which is based on block-chains, or shared virtual ledgers that are linked across the Internet, is actually fairly easy to wrap your mind around. Check out releasefact.com for more.
Experts at Southridge Capital suggest having a look at TxStreet.com. The site, founded by an anonymous Bitcoin enthusiast, depicts block-chains in real time as buses, with transactions as cartoon characters riding these metaphorical buses. These characters board and disembark at stations, which represents transactions being updated and moving from computer to computer. After viewing the site for a few minutes, you begin to get more intuitive sense of how block-chain operates. You can visit Bloomberg to see more.
Stephen Hicks, the CEO of Southridge Capital, believes that cryptocurrency is the most exciting investment trend at the moment. He founded Southridge after gaining experience at a small New York hedge fund, motivated by the potential he saw in the markets in the 1990s. He holds a degree in Business from King’s College as well as an MBA from Fordham University.
Focusing on small to middle-market companies, Southridge Capital provides structured finance services, having provided more than $1.7 billion in capital since the company commenced operations in 1996. For Hicks, Southridge’s success is a result of careful planning and maintaining the discipline to follow through with the plan.
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