2017 in many ways is the year of cryptocurrency. But, it’s also the year of digital privacy. In both industries we are seeing some cataclysmic changes, developments, and increased user bases.
Here at TorGuard we are seeing more and more users everyday looking to protect their privacy in light of abandoned privacy laws in the USA, but we are also seeing international cases of repeat use to fight against censorship.
Similarly, we are seeing more and more customers pay for TorGuard VPN with cryptocurrencies. So how do these two technologies work together so perfectly?
#1 Give Power to User
Both Cryptocurrency and VPN are focused on the end user. Whereas Banks are controlled by rich and powerful CEOs, and internet companies are controlled by crazy monetization and advertising strategies, both Cryptocurrency and VPNs are powered by and designed for the user.
With TorGuard, we don’t collect any logs or share any of your data with third parties. We also give you the best speeds with unlimited bandwidth, multiple servers to choose from, and an abundance of extra security features to protect your privacy. Our whole identity is focused on giving you the power and advanced features to secure your internet.
Cryptocurrencies are similar. Most of the good cryptocurrencies aren’t owned by one person. In fact, the best ones are decentralized and controlled by the community at large as well as the miners who support the network. We’ve seen some major developments with currencies like Litecoin, where the community significantly impacted the growth of the coin by implementing the popular update Segwit which increased the scalability of the coin. Others like Ethereum have also shown promise this year, paving the way for a new generation of apps and platforms that utilize crypto tech “behind the scenes”.
Unlike some other technologies like Facebook or YouTube which are focused on collecting data from the user to make profit, VPNs and Cryptos are designed to be useful and practical solutions for improving one’s online privacy. For example, cryptocurrency provides some of the privacy and fungibility benefits of using cash when paying for online services like VPN.
#2 Privacy and Security
Both VPN and cryptos have privacy as one of their main focuses. However, both industries also value transparency.
With TorGuard, we are very upfront about our no log privacy policies and our goal to increase encryption and anonymity worldwide. Our main focus is user security. By encrypting your internet with TorGuard VPN, you can secure your data from snoopers, ISPs, or three letter government agencies that want to siphon up all your web habits.
Cryptocurrencies are based on transparency, which means that anyone can see transactions happening in the network. However, each transaction isn’t labeled with a “name” per se. Each transaction is anonymous since each transaction doesn’t require any identifiable information.
#3 International Acceptance
Both Cryptocurrency and VPNs are being used worldwide. With VPN, you can encrypt and uncensor content in heavily regulated and internet controlled areas like China, Russia, Iran, and other areas of the world. VPNs work by protecting your data through encryption, and tunneling your data through any server worldwide.
Cryptocurrencies are also being used internationally for many reasons. In a lot of countries, cryptocurrencies like Bitcoin are paving the way for online transactions since they cannot be controlled and manipulated by governments.
Like VPNs, Cryptos are also banned for this very reason–but in terms of large scale, crypto and VPN users are spreading like wildfire. In 2017, we’ve seen more and more transactions. Additionally, many argue that restricting cryptocurrencies can be very hard since the network is expanded across the world that can be accessed with anyone that has a web browser. If coin exchanges and the like are blocked, you can use a VPN to get around the restrictions.
Another reason cryptocurrency is gaining ground internationally is that the currencies have the power of capital preservation. As global currencies continue to inflate and get devalued, cryptocurrencies can hold their own purchasing power, or even increase.
#4 Cheap & Affordable
Both VPNs and cryptocurrencies are relatively cheap and affordable for the every day user.
Here at TorGuard, we have great deals on VPN. We also have many extra services and addons that are affordable. We don’t limit speeds, servers, or simultaneous connections–and we don’t incentivize upgrades to get more features. When you buy TorGuard VPN for $9.99 a month, $29.99 for 6 months, or $59.99 for a year–you get the unlimited access to all of TorGuard’s features for one cheap price.
Cryptocurrencies are also taking the world by storm since the transaction fees are so nominal. Sure, cryptos like Bitcoin are becoming more and more expensive since transaction fees have increased due to the growing number of transactions, but lesser known cryptos like Litecoin and Ethereum have very small fees and amazingly quick confirmation times. In time, hopefully, we’ll see Bitcoin evolve and reduce fees with technology upgrades like Segregated Witness. Other cryptocurrencies like Ethereum are also paving the way with things like Smart Contracts.
Cryptocurrencies are much cheaper to send around the world than most other forms of banking, which is one reason it’s getting so popular in international trades and conversions.
#5 Emergent Tech
VPN and cryptocurrencies are emergent technologies. Both technologies are evolving and adapting to the world’s economic and privacy problems.
In fact, Bitcoin was invented right after the 2008 Financial crisis in the USA. Now, TorGuard VPN is one of the major proponents of user security and privacy helping thousands of users across the globe in the UK, China, Australia and many other places secure and un censor their internet access.
In 2017, privacy and anonymity are being attacked worldwide, but technologies like VPN and cryptocurrencies prove that technology can not only help human progress, but evolve it.