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Сообщения за май, 2024
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  The concept of a decentralized system Decentralization can be actively used in the banking sector, similar to the successful experience of its application in the field of information technology. Blockchain is able to ensure equality of all participants, strict compliance with contracts and freedom of choice. Blockchain, as the fundamental basis of cryptocurrencies, is a completely independent system designed to manage various decentralized services, including metaverses. When decentralization becomes widespread in all areas of business and management, it will become the basis for the creation of a truly democratic society. Read the full version of the article . # cryptocurrencies #decentralization #Blockchain
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  JP Morgan about Ether-ETF JP Morgan experts assessed the prospects of Ether-ETF and came to rather pessimistic conclusions. According to them, the amount of Ether-ETF funds by the end of the year will be from 3 to 6 billion dollars. This is quite modest compared to the results Bitcoin showed. The dynamics of the discussion of the SEC Ether-ETF negotiation process showed that the crypto market is not particularly enthusiastic.  JP Morgan attributes this low demand to the fact that Bitcoin was siphoning off investors' demand and took full advantage of the market growth after the SEC approval. This is largely explained by the "pioneer effect" that all other cryptocurrencies will be deprived of. If the US SEC soon approves the possibility of Ether steaking in ETF funds, they have a chance to raise up to $6 billion by the end of the year. If there is no staking, they can only count on $3 billion. The demand for Bitcoin-ETF is still stimulated by the April halving, as a resul
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  Bitcoin: Looking Back A little reminder of how our world has dramatically changed. 14 years ago, on May 22, 2010, Laszlo Hanyecz of Florida bought two pizzas at Papa John’s for 10,000 bitcoins. This was the first documented cryptocurrency purchase. Strictly speaking, since Bitcoin was not considered a currency at the time (and now it is not formally considered a currency), it was legally an exchange or barter operation. If you imagine that Papa John’s continues to store the received bitcoins, it will turn out to be one of the most profitable deals in the history of civilization.  Getting $700 million for two pizzas is good business! In fact, I wasn’t going to talk about specific numbers, but I wanted to show how much our world has changed for such a short period in history. Just imagine: 14 years ago, bitcoin and in the general cryptocurrency were considered some exotic toy for programmers. The guys from Papa John’s made a deal not out of commercial interest but out of curiosity. The
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  The US Government Bets on Digital Twins Imagine being able to create an exact copy of an object on a computer. You can study it, run different tests, simulate different situations – all without having to create a physical prototype. This is exactly what digital twins do. Read more https://tribuneonlineng.com/the-us-government-bets-on-digital-twins-recognizing-the-metaverses-prospects/ #digital_twins #Metaverse
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  Make It Paid! In this article I will tell you about the secret that everyone was so afraid to make paid! I raise the issue of monetization of metaverses and the benefits of paid subscriptions to ensure quality content. I cite examples of well-known startups such as AltaVista and Jawbone, which failed to achieve success due to problems with monetization, despite the technological superiority of their products. #monetization #AltaVista #Jawbone
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The economic collapse of the Roman Empire: history repeats itself We are living in a difficult time, and it seems to us that something unique is happening now that has never happened in world history. That is a delusion. Almost always in history you can find close analogues of the ongoing events. Human nature has not changed over the millennia, people are subject to the same passions, desires and vices. Read Plutarch, and you will find in his descriptions of Roman and Greek politicians some portraits of people we know well. By the way, this is the author who wrote his books two thousand years ago.  Are today’s economic crises unique? Not at all. The Fiat economic system has not undergone radical changes since ancient Rome. Paper and non-cash money appeared, but the fiat ideology survived. In fact, if we look at the history of ancient Rome, we’re going to find many similarities to modernity. The Roman Empire was not destroyed by war, but by its own economy.  At this time the phenomenon
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Exploring Satoshi Nakamoto’s Legacy Since cryptocurrency appeared thanks to this person, it would be great to know who stands behind the inception of cryptocurrency. Nakamoto’s contributions to decentralized systems are monumental. The whereabouts of his substantial Bitcoin fortune remain shrouded in mystery, leaving the crypto community intrigued. Find out the mysteries of Satoshi Nakamoto with me! #Satoshi_Nakamoto #Bitcoin #cryptocurrency
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  How to overcome crypto challenges In this article I share my unique experience in solving cryptocurrency problems in various projects. #cryptocurrency #crypto_challenges
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  Use crypto to protect your savings from depreciation Companies such as Tesla, have already begun to diversify their assets by investing in Bitcoin to hedge the risks of dollar depreciation. The sooner everyone understands the real value of decentralization, the better it will be for their own budget. I encourage the public to take a closer look at maintaining the real value of their savings and consider alternative financial instruments such as cryptocurrencies. Read the article on how to save your savings. #Bitcoin  #cryptocurrencies #financial_instruments
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  Alexei Navalny About Centralization Alexei Navalny spoke against specific violations of law and justice, and not against the citizens of his country. Alexey defended the values of freedom, truth and the rule of law, which are important for society. Alexei Navalny was an outstanding oppositionist who put his will and life on the line and continued the fight even within prison walls. His words about resistance are admirable and encourage us to defend democratic values and human rights. In an interview where he was asked what he would advise people if something happened to him, Alexey replied: “Continue the fight for freedom.” Read more: https://fintechasia.net/2024/05/16/the-okhotnikov-company-analyzes-alexei-navalny-s-statements-about-centralization/ #Centralization #AlexeiNavalny #democratic
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  Bitcoin ETF approval process It is enough to track the approval process for Bitcoin-ETF applications to see its notable peculiarities, which were apparent to observers. There were numerous speculations, fueled by rumors circulating both online and in mainstream media. It appeared as a battle between the opposing forces: BlackRock vs SEC, where the company seemed to look for justice. However, a complex debate about the future of our financial system lies beneath this narrative. Market reactions to rumors and hints were fast, regardless of their accuracy. There was an atmosphere of anticipation, which was fueled by a continuous influx of speculative information. It appeared as if someone was intentionally increasing or intensifying the level of excitement or interest in the Bitcoin-ETF approval process. #BitcoinETF #BlackRock #SEC #SEC #financialsystem
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Exploring Satoshi Nakamoto’s Legacy The article reveals the secret of the identity of Satoshi Nakamoto. Cryptocurrency appeared thanks to this person, so it would be great to know who stands behind the inception of cryptocurrency. Nakamoto’s contributions to decentralized systems are monumental. The whereabouts of his substantial Bitcoin fortune remain shrouded in mystery, leaving the crypto community intrigued. Solve the mysteries of a famous person with me.
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About "programmable" Bitcoin In Bloomberg, Olga Kharif expressed a very interesting opinion about the possibility of a programming Bitcoin blockchain. Unlike more modern blockchains, for example, like Ethereum, Solana and Polygon, it is not possible to create smart contracts based on the "original" Bitcoin blockchain. This severely limits its functionality, so Bitcoin is most often used as an investment tool or "digital gold". Several development teams try to upgrade Satoshi Nakamoto’s blockchain by adding smart contract functionality. So far, such attempts have not been very successful. However, this work continues and the developers promise to present a new secure product capable of launching a new bitcoin rally. Perhaps it is, I do not rule out that the market is waiting for new positive news, and the rally will take place. However, I am not sure that the new functionality will be in demand. The fact is that Bitcoin feels confident enough in the role of
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  Digital Altruism in the Metaverse I'll tell you stories from the past about creating a successful business in the digital world and on the influence of digital altruism on our value priorities in virtual reality. Find out unique stories from the article . #digitalaltruism #digitalworld #Metaverse
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  New requirements for Tether Tether got into trouble. Let me remind you that the controversy between Ripple and Tether managers has just passed. Without going into detail, Ripple claims that the US government is preparing an attack on Tether, and the latter denies any disagreement with the Americans. But if the problems in North America still exist only in theory, they are quite material on the European continent. The European Banking Authority completes EU crypto rules known as MiCA. The current version of the document contains serious restrictions on stablecoins. Crypto companies are preparing in advance for future restrictions. Initially, the OKX Crypto Exchange banned most USDT transactions in Europe, leaving only the options to open USDT deposits and withdraw USDT. Of course, there is still an over-the-counter market, but it will not be able to compensate for stock losses. And so, Kraken said that it was going to make the same decisions. In response, a representative of Tether ad
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  Bitcoin Against the SEC, China and the European Parliament Blockchain was built by Satoshi as an archive that cannot be faked or rewritten. Every entry is in it forever, but this book, accessible to any of us, is written by anonymous authors. This is the complete opposite of the modern banking system.  Read more in the article . #Blockchain  #SEC #bankingsystem
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  About ETH-ETF: to be or not to be When the SEC has approved the release of Bitcoin-ETF, the crypto community felt that the commission’s attitude towards the crypto had changed, and the market was about to take off. There have been suggestions that ETH-ETF, Ripple-ETF and other investment products should be approved very soon. The forecast came true only in terms of market growth, although it was not "incredible" but quite impressive. And this growth was determined by just one Bitcoin, all the other cryptocurrencies followed it. As for the most expected ETH-ETF, it was not so obvious. It was true that there had been several applications, but no definite response from the Commission. Negative signals began to arrive in the spring when the SEC sent requests for information from companies associated with Ethereum. Such requests are usually made prior to the filing of legal claims relating to the classification of cryptocurrencies as securities. Even if Ethereum is recognized as
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  FTX pays its creditors I followed closely the epic of the FTX crypto exchange. It was indeed an epoch-making event that shook the entire crypto market. The more the facts came out as the process progressed, the more my attitude to the former head of FTX Sam Bankman-Fried changed. At first, I thought he was a victim of circumstances that, like Binance, were being pursued for commercial and political reasons. However, then it turned out that the management of the company, the attitude to customers and simple reporting were organized completely irresponsibly, which was the reason for the bankruptcy.  And I’d like to draw attention to the fundamental difference between the situations with FTX and Binance. FTX was operating quietly until the onset of obvious financial problems, and millions of users suffered as a result of bankruptcy. The Binance Exchange was persecuted despite the fact that none of its customers were harmed. Interesting difference, isn’t it? And so, we have the news: FTX
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  Recently, a conflict broke out in the cryptocurrency community between Paolo Ardoino, director of Tether, and Brad Garlinghouse, chief executive officer of Ripple. During an interview with Chris Vasquez, Garlinghouse made a number of careless statements regarding the USDT stablecoin issued by Tether. In response, Ardoino posted on Twitter, accusing Garlinghouse of deliberately stirring up confusion and confusion regarding Tether. However, many observers felt that Ardoino’s post itself looked more like an attempt to justify himself than to clarify the situation and dispel market doubts. This public exchange of pleasantries between top managers has once again drawn attention to the debate about the reliability and transparency of Tether's operations, which has recently escalated amid increasing pressure from regulators and market participants. Read my opinion on this matter by clicking the link 👉👉👉 https://telegra.ph/Glava-Tether-obvinyaet-CEO-Ripple-v-nagnetanii-strahov-vokrug
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  Hacking of the Ethereum Protocol: It’s Serious Very often what we consider to be safe and secure is not. We used to believe that cryptocurrency is an ideal technology, guaranteed protection against theft, and it can only be threatened by an attack "51%". However, reality once again presented an unpleasant surprise. Indeed, the event has been very alarming and the consequences of it are going to mess up the nerves of cryptocurrency holders. In New York, a court arrested two brothers accused of exploiting Ethereum’s vulnerability and stealing $25M. The prosecutor specifically pointed out that the theft took only 12 sec. In fact, it’s time to do a couple of clicks and type a few words on the keyboard. Objectivity, for the sake of note, that the preparation for the hacking was clearly not one week, or even a month. The personalities of the two hacking-brothers are interesting. They were both educated at the Massachusetts Institute of Technology, specializing in mathematics and
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What is going on with the economy?   What is going on with the economy? Many of us understand from our own experience that the world economy is not going through the best time. You have to work harder to keep your standard of living. What is the reason of the negative processes, and what can we do to survive the difficult times with dignity? In the article I explained the main cause of economic troubles, and whether it is worth waiting for a global crisis. Let me say at the outset that, in my opinion and in the opinion of the world’s leading economists, a crisis is inevitable. It is a reality that we have to reckon with. The main drivers of the crisis will be outlying government and corporate debt, as well as the associated inflation. Public debt means that every citizen will have to give a part of his income to creditors, and inflation comes to us by rising prices and depreciating savings;  Can the crisis be resisted?  Unfortunately, not. You, for example, cannot prevent bad weather,