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      "body": "There are a few simple key things to know about purchasing cryptocurrencies.  Also, this is by no means advice to buy cryptocurrency.  We have no idea what is going to happen in this new market and I suggest reading more before jumping in!\n\n![thefashionrobot-wallet.jpg](https://steemitimages.com/DQmVNWPCtchR7JX4WPUGMogsGCYVwU8uiUbjZ1ZUBGrZtzv/thefashionrobot-wallet.jpg)\n\n## 3 Basics to Know as a Cryptocurrency Buyer\n\n### 1. Exchanges\n\nThis is where you buy your tokens, but you should never leave them there.  Tokens left in an exchange are owned by the exchange and if the exchange is hacked, goodbye tokens #sfyl (sorry for your loss).  A popular exchange for buying Bitcoin, Ethereum, and Lite Coin is Coinbase.\n\n### 2. Wallets\n\nIt's as obvious as it sounds, you should send your money from an exchange into some kind of wallet.  For many coins, you can use My Ether Wallet.  Generate a wallet by following their instructions.  DO NOT lose your files, these are the only way to access your wallet.  Once you've set up a wallet, you're assigned a public key.  Without getting to far into it, this key is the address where you can send and receive tokens.  Don't worry — no one can take your tokens by accessing just your public key.  To learn more about public and private keys, check out this post.\n\nAssume your machine is compromised.  Many of our laptops and computers are in fact not secure machines.  This is why companies like Ledger have created cold storage wallets to store your private keys which serve as your tokens.  Check out their site for details on purchasing your own hardware wallet.\n\n### 3. ENS\n\nThe moment you've all been waiting for though.  How do you get a fashionable public key?  What does that mean?  So your public key by default looks like a long and random string of numbers and letters practically illegible to humans.  When it comes to checking to make sure money is being sent to and from the correct address — I can barely type my credit card number correctly...\n\nYou can set up an ENS to help solve this problem.  Next time a friend is sending you Ether as payment, it's much easier to have them send it to a public key like thefashionrobot.eth instead of 0x93a2f52cd.....garble.  There are a few services like My Ether Wallet that have made purchasing your own ENS simpler (like buying a domain).  You can head over to their ENS page, search the address you want and bid on it.  The bidding happens in two stages.  There is an auction period and there is a reveal period.  Once you send your initial bid it starts a two day auction.  Then, once the auction is over everyone must reveal their bid.  Failure to reveal the bid ends with the loss of that bid.  If you reveal your bid and lose, you will get your tokens back.\n\n### Words of Advice When Purchasing your ENS\n\n1. Copy and paste the JSON transaction information.  You will need it when you go to reveal your bid.  You can screenshot this too, but then you'll experience the pain of hand typing a bunch of random numbers and letters in perfect configuration.\n\n2. Absolutely do not forget to reveal your bid during the reveal period!",
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      "body": "@@ -1,8 +1,158 @@\n+!%5Bbitcoin-c2.png%5D(https://steemitimages.com/DQmUMg34fyiNEe7K63WQAk1EXWgjAyevEFc3Rk8QwYaxoUJ/bitcoin-c2.png)%0A*Hardware Wallet Jewelry?  Coming Soon.*%0A%0A\n Since Ja\n@@ -2437,158 +2437,8 @@\n e.%0A%0A\n-!%5Bbitcoin-c2.png%5D(https://steemitimages.com/DQmUMg34fyiNEe7K63WQAk1EXWgjAyevEFc3Rk8QwYaxoUJ/bitcoin-c2.png)%0A*Hardware Wallet Jewelry?  Coming Soon.*%0A%0A\n http\n",
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      "body": "Since January, Bitcoin and Ethereum has more than doubled in value.  This week as Cryptocurrency and Blockchain industry professionals have been gathering for a series of conferences in New York, a powerful new vehicle has been gaining public attention.  Japan declared Bitcoin a legal currency and less than a week ago, [Peach became the first airline to accept Bitcoin](https://www.ft.com/content/a0389242-3ee4-11e7-9d56-25f963e998b2).\n\n![Screen Shot 2017-05-25 at 10.28.48 AM.png](https://steemitimages.com/DQmP4aJK1NvYeXDa7gq2U5825FzoPcDr9zGvNNM7faafkY3/Screen%20Shot%202017-05-25%20at%2010.28.48%20AM.png)\n*Original graph from Coinbase.*\n\nSpending time with this community this past week in New York, the fashion designer in me, couldn’t help but notice one detail: hardware wallets.  They look like USB sticks, but people aren’t tossing them in the bottom of the backpack or sticking them in their wallets.  Instead, they’re wearing them, often on a necklace.  These devices hold the encrypted keys to what is becoming a lot of money.  Why hold it that way?  Even if your computer becomes compromised with Malware, these hardware wallets protect the data that gives you access to your coins.\n\nSecurity is first and foremost the most valued and important detail in the block-chain community.  These hardware wallets take extreme measures to password protect and encrypt your data so that even if someone does get a hold of them, it’s unlikely if not impossible for them to unlock the device.\n\nRight now there are two players in the market:  [Ledger Wallet](https://www.ledgerwallet.com/) and [Trezor](https://trezor.io/).  One looks like a USB, the other looks like a car key.  From an aesthetic perspective, neither is a really desirable physical product.  \n\nWhy are there only two?  It requires a high level of security expertise in hardware and software to make it happen.  Product people must be wary.  If we haven’t learned our lessons from the [Mirai botnets of IoT devices](https://www.theguardian.com/technology/2016/oct/26/ddos-attack-dyn-mirai-botnet) that took out a massive chunk of the internet in October of last year, we should think twice before dipping our toes in the cryptography space.  The opportunities are those for those who can learn quickly and collaborate.\n\n![bitcoin-c2.png](https://steemitimages.com/DQmUMg34fyiNEe7K63WQAk1EXWgjAyevEFc3Rk8QwYaxoUJ/bitcoin-c2.png)\n*Hardware Wallet Jewelry?  Coming Soon.*\n\nhttps://thefashionrobot.com",
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      "body": "### Dollars Speak Louder Than Words\nFor decades, financial institutions have been studying the minute details of the behaviors of their investors.  As a result, it has been unanimously determined that women are better investors than men.  In fact, in 2016, women outperformed men by .3%, in large markets, the difference of billions of dollars.  Why?\n\n![Screen Shot 2017-06-02 at 2.38.37 PM.png](https://steemitimages.com/DQmUqWXnKu7mPofasR7gFns4xT7M1kHtsAivs4qX58zLA6z/Screen%20Shot%202017-06-02%20at%202.38.37%20PM.png)\n \nBerkeley’s HAAS School of Business determined that “men traded 45% more than women in the 1990s.”  Women were better ‘buy and hold’ investors, giving them a long term advantage. [1]  Women invest in a diverse portfolio, perhaps a metaphor for the importance of diversity in any given industry.  And if you’re thinking that’s just an anomaly, you’re wrong.  They were not alone in the results of this study.  In fact, data from Fidelity and Openfolio showed the same results. [2]\n \n### Diversity Matters\nIn fact, wise investment has a lot to do with diversity, not just across a portfolio.  The crash of Wall Street in 2008 has been posited as the result of lack of diversity in demographic leading to lack of diversity in thought. \n \nWhy talk about this on Steemit?  The cryptocurrency community is painfully skewed towards a white male demographic and it’s value is on the rise, but the likeliness of continued innovation relies on diversity.  \"The top sets the tone: at companies where executives have two-dimensional diversity, leaders at all levels are 74% more likely to exhibit the inclusive behaviours that foster a speak-up culture, unlocking innovation.\"\n\n#### Sources:\n[1] http://money.cnn.com/2015/02/19/investing/investing-women-men/?iid=EL\n[2] http://money.cnn.com/2017/03/08/investing/women-better-investors-than-men/\n[3] https://www.theguardian.com/sustainable-business/lack-diversity-business-leaders-limit-innovation",
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      "body": "### Dollars Speak Louder Than Words\nFor decades, financial institutions have been studying the minute details of the behaviors of their investors.  As a result, it has been unanimously determined that women are better investors than men.  In fact, in 2016, women outperformed men by .3%, in large markets, the difference of billions of dollars.  Why?\n\n![Screen Shot 2017-06-02 at 2.38.37 PM.png](https://steemitimages.com/DQmUqWXnKu7mPofasR7gFns4xT7M1kHtsAivs4qX58zLA6z/Screen%20Shot%202017-06-02%20at%202.38.37%20PM.png)\n \nBerkeley’s HAAS School of Business determined that “men traded 45% more than women in the 1990s.”  Women were better ‘buy and hold’ investors, giving them a long term advantage. [1]  Women invest in a diverse portfolio, perhaps a metaphor for the importance of diversity in any given industry.  And if you’re thinking that’s just an anomaly, you’re wrong.  They were not alone in the results of this study.  In fact, data from Fidelity and Openfolio showed the same results. [2]\n \n### Diversity Matters\nIn fact, wise investment has a lot to do with diversity, not just across a portfolio.  The crash of Wall Street in 2008 has been posited as the result of lack of diversity in demographic leading to lack of diversity in thought. \n \nWhy talk about this on Steemit?  The cryptocurrency community is painfully skewed towards a white male demographic and it’s value is on the rise, but the likeliness of continued innovation relies on diversity.  \"The top sets the tone: at companies where executives have two-dimensional diversity, leaders at all levels are 74% more likely to exhibit the inclusive behaviours that foster a speak-up culture, unlocking innovation.\"\n\n#### Sources:\n[1] http://money.cnn.com/2015/02/19/investing/investing-women-men/?iid=EL\n[2] http://money.cnn.com/2017/03/08/investing/women-better-investors-than-men/\n[3] https://www.theguardian.com/sustainable-business/lack-diversity-business-leaders-limit-innovation",
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      "body": "### Dollars Speak Louder Than Words\nFor decades, financial institutions have been studying the minute details of the behaviors of their investors.  As a result, it has been unanimously determined that women are better investors than men.  In fact, in 2016, women outperformed men by .3%, in large markets, the difference of billions of dollars.  Why?\n\n![Screen Shot 2017-06-02 at 2.38.37 PM.png](https://steemitimages.com/DQmUqWXnKu7mPofasR7gFns4xT7M1kHtsAivs4qX58zLA6z/Screen%20Shot%202017-06-02%20at%202.38.37%20PM.png)\n \nBerkeley’s HAAS School of Business determined that “men traded 45% more than women in the 1990s.”  Women were better ‘buy and hold’ investors, giving them a long term advantage. [1]  Women invest in a diverse portfolio, perhaps a metaphor for the importance of diversity in any given industry.  And if you’re thinking that’s just an anomaly, you’re wrong.  They were not alone in the results of this study.  In fact, data from Fidelity and Openfolio showed the same results. [2]\n \n### Diversity Matters\nIn fact, wise investment has a lot to do with diversity, not just across a portfolio.  The crash of Wall Street in 2008 has been posited as the result of lack of diversity in demographic leading to lack of diversity in thought. \n \nWhy talk about this on Steemit?  The cryptocurrency community is painfully skewed towards a white male demographic and it’s value is on the rise, but the likeliness of continued innovation relies on diversity.  \"The top sets the tone: at companies where executives have two-dimensional diversity, leaders at all levels are 74% more likely to exhibit the inclusive behaviours that foster a speak-up culture, unlocking innovation.\"\n\n#### Sources:\n[1] http://money.cnn.com/2015/02/19/investing/investing-women-men/?iid=EL\n[2] http://money.cnn.com/2017/03/08/investing/women-better-investors-than-men/\n[3] https://www.theguardian.com/sustainable-business/lack-diversity-business-leaders-limit-innovation",
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      "body": "Hey @driptorchpress -- I appreciate your article and agree with your perspective.   I think you might get more up votes if you change the title!  The title actually sounds like you're going to make the opposite point about feminism!  I agree Boobs, Feminism, and Emma Watson can go together.  Rock on.  Thanks for writing this.",
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