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Top Crypto Influencers
Did You seriously suppose We Wouldn’t start From Vitalik? Vitalik Buterin, the founding father of Ethereum, has simply 25 years on his again but he’s one of the exceptional acknowledged influencers in crypto.
The Boy Genius become born in Russia and migrated to Canada on the age of six. He attended the university of Waterloo however in addition to different remarkable tech minds, he dropped out. Vitalik ventured into the crypto global in 2011. You may wonder – was he a miner, an investor? Nope, he joined the digital currency world as a blogger. He became offered to write articles for five BTC a chunk in a bitcoin chat room. Despite the fact that the provide equaled to $three.50 on the time, you can name it a quite sweet deal (as a minimum in retrospect). His writing fashion stuck the eye of Mihai Alisie and the two later got down to co-observed the Bitcoin mag. Vitalik became an increasing number of rooted within the virtual foreign money global and this brought about – you guessed it – Ethereum.
Also Check: Margin Trading in Crypto Currency
Vitalik saw that the Blockchain generation turned into able to helping a great deal greater than simply payments. He had a imaginative and prescient of constructing a “new Blockchain” that would allow growing decentralized apps in numerous industries. He proposed the idea of Ethereum in 2013 and eventually raised more than $18 million well worth in Ether token sale. When you consider that then, Ethereum has modified the manner we use Blockchain.
This clarifies why the Wunderkind has been placed in Bloomberg’s maximum influential humans’s list, together with Jeff Bezos, Elon Musk and the Crown Prince of Saudi Arabia. Vitalik has 878K followers on Twitter and his well worth is estimated at around $70.Four million USD. Numbers aside, he's virtually one of the leading visionaries inside the blockchain sphere. He has an open opinion on the enterprise and its future and if you’re seeking to make yourself familiar with new opinion leaders, he is well worth thinking about.
The Bitcoin Jesus Let’s shift from Ether to Bitcoin. Roger Ver is referred to as one of the earliest (and probable maximum debatable) cryptocurrency evangelists. And yes, his nickname is the Bitcoin Jesus, however greater on that later.
Roger Ver changed into born in San Jose and spent his kids in Silicon Valley. Further to Vitalik, his crypto journey commenced in 2011. He got hooked to a Bitcoin podcast that caused him to go on a Blockchain and crypto deep dive. It didn’t take long till his first crypto investment.
He had made a widespread amount together with his previous enterprise hobby and planted $25K into Charlie Sherm’s Bitinstant within the spring of 2011. All of the hardcore Bitmaniacs obtainable would possibly keep in mind that while BTC changed into really worth just $2 that spring, the crypto made a significant climb to $30 in just a few months. What did Roger get out of this? The identify of a Bitcoin Millionaire.
He then went on a Blockchain investment quest and his portfolio includes names like Ripple, Kraken, Bitpay, Blockchain.Information and others. Although he had created a reputation as an avid Bitcoin supporter, he gradually have become extra essential of the virtual asset. He wasn’t partial to its block length limits and eventually ventured off to come to be an suggest of Bitcoin coins, incomes any other questionable nickname – Bitcoin Judas.
Permit’s talk approximately his influence – it’s secure to mention that he hasn’t been keen on shying far from controversy. Even as his online presence is considered big, the same goes for his history of bizarre internet fights. He frequently expresses his opinion on polarizing topics are whether or not its appealing or not, it positive is heard (by his 591K Twitter fans).
The Bitcoin guy Who’s name no person Can Spell Persevering with on the Bitcoin wavelength, let’s talk about Andreas M. Antonopoulos. Satisfactory referred to as the writer of “mastering Bitcoin” and as a crypto educator, he has a full-size on-line presence in the crypto global.
Antonopoulos turned into born in London and raised in Athens, Greece. He has ranges in computer science, records Communications and allotted structures. He began out via dealing with a studies corporation in new york and transitioned into teachers. In addition to having brilliant expertise about generation, he is also an notable educator and public speaker. He's recognized for going past finance and investments whilst explaining Blockchain. Antonopoulos often includes the political, cultural and human perspective when discussing the impact of digital property.
After launching “learning Bitcoin” in 2014, he went on to put up “The net of money” and “mastering Ethereum”, growing his have an impact on among crypto fans vastly. His Twitter profile is a evidence of this – he has 501K fans with whom to share his brand new thoughts on Blockchain and crypto.
Those were only a few of the dozens of influencers we picked out for these days. Now that you’ve visible the idea, cross take a look at out crypto in exercise on our platform! You may first strive out our Demo platform with out even signing in. If you like it, you may determine to sign up and undergo KYC – we are able to provide you with 20 XCM after your first crypto-fiat trade as a welcome gift! In case you have any further questions on our platform, our aid crew is available 24/7 on Telegram to help you out.
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Bytom Wallet
What is Bytom? Bytom is a cryptocurrency the fact that takes a unique triple-layer technique to blockchain distributed software. Data transactions take place with one layer, gears upon another, and the 3rd is called the property interaction layer. The cryptocurrency created a good faster, extra secure bills system, together with has potential within the education Large Data too. Bytom Wallet in order to Bytom BTM Bitcoin is a single layer cryptocurrency, and Ethereum is the dual-layer blockchain that gives clever contracts and dApps into the mix. Chinese blockchain Bytom requires things a step further which has a triple-layer method. Data orders occur with one layer, gears in another, and the finally is called the advantage interaction layer. Bytom is certainly an interactive protocol associated with multiple octet assets, for you to give it this proper title. And, even though Ethereum�s SEC scrutinization like a new possible security got the particular entire crypto market with a downturn in early 2018, Bytom voluntarily published in order to the SEC�s Howey Test and Bytom cryptocurrency had been deemed not some sort of stability under its DAO see. As digital assets go, this one has probability of make a great impact in typically the cryptocurrency market using low transaction fees, higher tech Bytom blockchain engineering and a great interactive method of a number of byte possessions that could mark the idea apart. The Bytom pocket book is also available and can store plenty over Bytom coins. Rapid Accomplishment For Bytom Cryptocurrency That�s a lot for a good blockchain mainnet that merely barely introduced April twenty four, 2018. Most of its achievements can be credited in order to its association together with famous Shanghai-based crypto-exchange community forum 8BTC, whose founder Chang Jia partnered with Bytom founder Duan Xinxing within 04 2018. Bytom contains a longer road ahead of this, but it�s plowing by means of full steam ahead. It is very also working on a new one-stop big-data shop to get government agencies and enterprises in Cina that can put American information managing giant Iron Off-road to help shame. The management regarding digital investments may possibly effortlessly attract state support, since China is keen to embrace the blockchain whilst that stamps down about cryptocurrency trading. Chinese excellent are unable to buy Bytom and even commit in the blockchain technologies that could change the nation. Before talking about Bytom Wallet of Bytom�s blockchain technology, let�s look in the BTM gold coin together with its performance in the market the market limitation and everyday trading level. Is the Bytom lieu worth buying? Breakdown involving BTM Bytom has a marketplace cap of $673, 373, 841 as of May possibly 22, 2018, based upon a circulating supply regarding 987, 000, 000 Bytom BTM (out of some sort of total method of getting 1, 407, 000, 000) and a exchange price of $0. 682243. While it have spike with the crypto advertise in Jan 2018, this hit their all-time high of $1. 13-14 with regard to Bytom coins your day prior to its launch day four months later. This makes BTM cryptocurrency a rarity among cryptos in the fact that the idea peaked outside Bitcoin in addition to Ethereum�s wake in addition to may have even contributed to the May rally after two months connected with dipping prices industry-wide. In addition strong projects like Ripple and Litecoin typically follow Bitcoin and Ethereum in the market, so BTM is remarkable for standing alone. May Bytom cryptocurrency form a safe haven if the industry becomes? Keep watching the particular cryptocurrency news and the market limit for this answer. The cryptocurrency marketplace is a fickle location, although spotting trends such as this can create serious revenue over time. Bytom coins could very well be an alternative to get rainy days. Get Bytom, Don�t Try And Mine It BTM can be mined up to often the maximum supply (approximately 33 percent), and Bitmain unveiled the $27, 1000 Antminer B3 (780Hz) ASIC exploration rig for BTM on May 1, 2018. It indicates it will be most but impossible for anybody without that upfront investment to be able to mine. A swarm-mining solution is offered by Antpool, a new Bitmain subsidiary accused regarding unnaturally boosting the price tag of Bitcoin Take advantage Q2 2018. Many well-known cryptocurrency exchanges support Bytom cryptocurrency, including Huobi, Etherdelta, and KuCoin. Approximately fifty bucks zillion worth of BTM is usually traded on a new normal basis. To support it has the community, Bytom airdropped any BTM it mined while in its opening weekend. It also promises a good bounty process to reward participation inside Bytom ecosystem. Up right until the standard mainnet launch, Bytom BTM existed only because an ERC-20 token in the Ethereum blockchain. The testnet will remain up alongside the mainnet so as to test new updates without compromising the live natural environment. BTM has both a new desktop and web-based finances, and a good mobile finances is expected in the particular near future. At the rear of this Tensority Formula Bytom elevated to prominence inside U. S. (and global) blockchain local community in 04 2018 after debuting it is Tensority modus operandi at an field conference at M. My partner and i. T. This consensus formula uses edge computing in order to help integration with AJAI deep learning and cloud hosting computing, Tensority is a good Proof-of-Work algorithm based upon tensor working out, and it may be one of the more complex blockchain projects with the market. Working with Bytom Wallet , Tensority, and even normal address format, Bytom is in a position of interoperability with any other platform, blockchain or not. Of study course, interoperability in itself can be instantly becoming the common for new blockchains. Ontology, for example, supports sidechains, together with Plasma brings this features to Ethereum. On the other hand, these types of platforms only help the data standards which will are immediately being substituted as AI-powered recommendation motors become the tradition. Inside fact, Bytom�s protocol helps ASIC mining rigs perfectly because it�s built with regard to AJE hardware acceleration support. Also, like Bitcoin�s Seperated Observe, Bytom separates business deal autographs from the sleep of the data to be able to streamline processing. The Bytom UTXO model verifies deals in parallel to stay away from double-spends and other manipulation. It in addition uses ESCDA encryption together with SHA256 hashing. Using these technologies, Bytom built a state of the art blockchain that can support whatever our combined computing energy can throw at it today or in typically the future. Bytom Brief summary History has demonstrated the best technologically-advanced project doesn�t usually gain (i. e. Tesla v Edison, VHS / Beta), although Bytom�s concentrate on state-of-the-art technologies like man-made thinking ability may prove to end up being some sort of boon in the blockchain forearms race. Often the asset supervision and growth of the blockchain system will make or break Bytom in the stop. The project�s success will depend on on appealing to assets in its ecosystem, together with it is very poised to do so that by way of flaunting the adhering to advantages more than competitors. Bytom is a tri-layer blockchain that separates each component of traditional blockchain design and style. It also supports cross-chain function and can support any cryptocurrency. The BTM coin�s peak value had been on April 23, 2018, months after the relaxation of the market knowledgeable its peak. It�s a good uncommon coin that went up separately of the cryptocurrency market, and so keep the eye on what this does during downturns. That may be the moment to buy Bytom. Bytom is partnered with 8BTC, Bitmain, and different notable players in the blockchain industry. Bytom has the particular great thing of the SECURITIES AND EXCHANGE COMMISSION'S, the support of the Chinese government, and is also making a electronic asset safe-keeping center in central Tiongkok. IT safe-keeping spending possesses steadily risen since 2013 and is expected to be able to continue by means of 2020. It is currently a good $50 million global business, and Bytom is hoping to not necessarily only take a peel of this pie nevertheless expand the industry above initial analyst expectations. This blockchain venture is the following to stay.
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Bytom Wallet
What is Bytom Wallet ? Bytom is a cryptocurrency the fact that has a unique triple-layer strategy to blockchain distributed applications. Bytom Wallet take place in one layer, transmissions with another, and the third is called the property conversation layer. The cryptocurrency created some sort of faster, extra secure installments system, and even has potential in the field of Big Data too. Introduction to Bytom BTM Bitcoin is certainly a single layer cryptocurrency, and Ethereum is a good dual-layer blockchain that offers sensible contracts and dApps into the mix. Chinese blockchain Bytom requires things a move further using a triple-layer strategy. Data orders occur on one layer, gears in another, and the 3rd is called the advantage relationship layer. Bytom is definitely an involved protocol involving multiple byte assets, to help give it typically the suitable title. And, when Ethereum�s SEC scrutinization like the possible security had taken often the entire crypto market on a downturn in early 2018, Bytom voluntarily published to help the SEC�s Howey Test out and Bytom cryptocurrency was deemed not a good security under its DAO enjoy. As digital resources proceed, this one has probability of make a great impact on this cryptocurrency market having low financial transaction fees, large tech Bytom blockchain technology and a great interactive process of a variety of byte resources that could mark the idea apart. A good Bytom budget is in addition offered plus can store plenty a lot more than Bytom coins. Rapid Achievements For Bytom Cryptocurrency That is a lot for a good blockchain mainnet that merely barely unveiled April all day and, 2018. Most of their accomplishment can be traced in order to its association along with popular Shanghai-based crypto-exchange community 8BTC, whose founder Chang Jia partnered with Bytom owner Duan Xinxing within 04 2018. Bytom contains a very long road ahead of it, but it�s plowing through full steam ahead. It is also working on some sort of one-stop big-data shop to get government organizations and enterprises in China and taiwan that can put American information management giant Iron Off-road to shame. The control associated with digital property may simply attract state support, like China is keen to help embrace the blockchain even while this stamps down on the subject of cryptocurrency trading. Chinese nationals can not buy Bytom plus devote in the blockchain technological innovation that may change typically the nation. Before dealing with often the intricacies of Bytom�s blockchain technology, let�s glimpse from the BTM endroit plus its performance in typically the market in terms of the market cap and regular trading quantity. Is the Bytom or maybe worth buying? Dysfunction connected with BTM Bytom possesses a market cap of $673, 373, 841 as of May 22, 2018, based upon a good circulating supply of 987, 000, 000 Bytom BTM (out of a total supply of 1, 407, 000, 000) and the exchange price of $0. 682243. When the idea would spike with the crypto promote in Present cards 2018, that hit it has the all-time large of $1. tough luck for Bytom coins the day former to its launch time frame four months later. This makes BTM cryptocurrency a rarity among cryptos in that will this peaked outside Bitcoin plus Ethereum�s wake plus may possess even led to the Might move after two months involving dipping prices industry-wide. In addition strong projects like Ripple and Litecoin typically stick to Bitcoin and Ethereum out there, so BTM is popular for standing alone. Could very well Bytom cryptocurrency form a safe location if the marketplace becomes? Keep watching the cryptocurrency news and the particular market limitation for the particular answer. The cryptocurrency industry is a fickle position, nevertheless spotting trends similar to this can create serious income after a while. Bytom coins could very well be an selection for rainy days. Buy Bytom, Don�t Try And My own It BTM can be mined up to this maximum supply (approximately thirty-three percent), and Bitmain unveiled the $27, 500 Antminer B3 (780Hz) ASIC exploration rig for BTM about May 1, 2018. Therefore it will be all but impossible for anybody without having that upfront investment to mine. A swarm-mining remedy offered by Antpool, a new Bitmain subsidiary accused regarding synthetically boosting the cost of Bitcoin Money in Q2 2018. Many favorite cryptocurrency exchanges support Bytom cryptocurrency, including Huobi, Etherdelta, and even KuCoin. Approximately 50 bucks trillion worth of BTM is traded on a good daily basis. To support it has the community, Bytom airdropped any kind of BTM it mined throughout its opening weekend. This also promises a good bounty method to reward participation within the Bytom ecosystem. Up right up until the official mainnet launch, Bytom BTM existed only while an ERC-20 token with the Ethereum blockchain. Typically the testnet will remain upwards alongside the mainnet as a way to test new updates without compromising the live atmosphere. BTM has both the desktop and web-based finances, and the mobile finances is expected in the near future. Behind the Tensority Algorithm Bytom rose to popularity within the U. H. (and global) blockchain group in Apr 2018 after debuting it is Tensority algorithm at an market discussion at M. My spouse and i. Testosterone levels. This consensus formula uses edge computing for you to help integration with AJAJAI deep learning and fog up computing, Tensority is a Proof-of-Work algorithm based with tensor calculation, and is considered one of the a lot more complex blockchain projects upon the market. Employing about three layers, Tensority, together with normal address format, Bytom is definitely in a position of interoperability having any other platform, blockchain as well as not. Of program, interoperability in itself is definitely rapidly turning out to be the normal for new blockchains. Ontology, for example, supports sidechains, in addition to Plasma brings this operation to Ethereum. Nevertheless, a large number of platforms only help support modern day data standards which usually are swiftly being substituted as AI-powered recommendation search engines become the norm. Inside fact, Bytom�s protocol works with ASIC mining rigs perfectly because it�s built regarding AI equipment acceleration companies. Furthermore, like Bitcoin�s Seperated Bytom Wallet , Bytom separates financial transaction signatures from the snooze of the data to streamline processing. The Bytom UTXO model verifies purchases in parallel to keep away from double-spends and other adjustment. It in addition uses ESCDA encryption and even SHA256 hashing. Using these technologies, Bytom built a state of the art blockchain that can support anything at all our combined computing energy can throw at the idea at this point or maybe in typically the future. Bytom Summary Story has proven the best technologically-advanced project doesn�t always win (i. e. Tesla v Edison, VHS versus Beta), yet Bytom�s give attention to advanced technologies like synthetic intelligence may prove to end up being a new boon in typically the blockchain forearms race. The asset control and development of the blockchain platform will make or bust Bytom in the stop. The project�s success depends on bringing in assets directly into its ecosystem, and it may be poised to do thus by way of flaunting the following advantages over competitors. Bytom is a tri-layer blockchain that separates each and every aspect of traditional blockchain design. It also supports cross-chain function and can help every other cryptocurrency. The BTM coin�s peak value seemed to be in April 23, 2018, several weeks after the relaxation of the field skilled its peak. It�s a good uncommon coin that increased separately of the cryptocurrency market, so keep the eye on what the idea does during downturns. That may be the period to buy Bytom. Bytom is partnered having 8BTC, Bitmain, and different prominent players in the blockchain industry. Bytom has the particular great thing of the SECURITIES AND EXCHANGE COMMISSION'S, the assistance of the particular Chinese government, and is also constructing a online asset safe-keeping center in central Tiongkok. IT storage space spending provides steadily risen since 2013 and is expected to be able to continue through 2020. It is currently a new $50 thousand global sector, and Bytom is expecting to not only take a peel of this pie yet expand the industry over and above initial analyst expectations. That blockchain job is below to stay.
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U.S. and Europe Move Closer to Truce in Trump-Era Trade Spat: Live Updates Here’s what you need to know: Working on a steel pipe at the Iron S.p.A. factory in Assisi, Italy. Former President Donald J. Trump’s administration imposed steel tariffs on several countries in 2018.Credit…Gianni Cipriano for The New York Times The United States and the European Union said Monday they had begun discussions to resolve a conflict over steel and aluminum imports that was a major front in the Trump administration’s trade wars and a serious burden on trans-Atlantic relations. As part of a truce announced Monday, the European Union will not, as planned, increase tariffs on products like United States whiskey, orange juice and motorcycles, which the bloc imposed in 2018 in retaliation for duties that the Trump administration imposed on European steel and aluminum. The higher tariffs were scheduled to take effect June 1. The talks about steel and aluminum are part of an effort by the Biden administration to rebuild relations between the United States and Europe after the Trump administration treated the bloc like an adversary, sometimes threatening to leave NATO and citing national security as a justification for charging 25 percent tariffs on imports of European steel and 10 percent on aluminum. In March, the United States and European Union temporarily suspended tariffs on billions of dollars of each others’ aircraft, wine, food and other products as they worked to settle a long-running dispute involving Boeing and Airbus, the two leading airplane manufacturers. The United States also temporarily suspended retaliatory tariffs against British products like Scotch whisky that had been imposed as part of the dispute over aircraft subsidies. Some European officials had hoped President Biden would simply lift the Trump-era tariffs, which are unpopular with businesses on both sides of the Atlantic. But the administration is moving cautiously and is likely to seek something in return, mindful that the tariffs are welcomed in steelmaking regions like Pennsylvania. In a joint statement, Katherine Tai, the U.S. trade representative; Gina M. Raimondo, the secretary of commerce; and Valdis Dombrovskis, the top European Union trade official, said they would discuss how to address a global glut in steel products that poses “a serious threat to the market-oriented E.U. and U.S. steel and aluminum industries and the workers in those industries.” The United States and European Union are “allies and partners, sharing similar national security interests as democratic, market economies,” the officials said, adding that they would work together to “hold countries like China that support trade-distorting policies to account.” It’s May 17 and it’s Tax Day, the deadline for filing your 2020 taxes. The Internal Revenue Service in March said that Americans who needed it could take extra time to file their taxes. That time has arrived. The one-month delay from the usual April deadline did not offer as much extra time as the I.R.S. gave people last year, when the filing deadline was pushed to July 15. But the aim was the same: to make it easier for taxpayers to get a handle on their finances — as well as tax changes that took effect this year with the signing of the American Rescue Plan. Still have questions? Here are some articles that might help. How the Pandemic Has Changed Your Taxes New rules for a new reality, from stimulus payments to retirement withdrawals to unemployment insurance, could cut your bill or even generate extra refunds. The Tax Filing Deadline Was Delayed, but Read the Fine Print The federal government and most states pushed back the date to May 17, but others have gone their own way. It’s a good idea to double-check deadlines. The Tax Headaches of Working Remotely “Each state has its own rules,” one tax expert says. So if you worked in a state other than your usual one in 2020, here are some tips on dealing with the tax season. For Gig Workers and Business Owners, Taxes Are Even Trickier Now Filing taxes has never been simple for freelancers and business owners, but the pandemic has made it far more complex. A Break for Working Families The government is allowing people who qualify for the earned-income tax credit to use income from either 2020 or 2019, whichever will result in a bigger credit. Ryanair, the Irish low-cost airline, said it has seen signs that a recovery in air travel and tourism “has already begun.”Credit…Albert Gea/Reuters U.S. stocks are expected to slip when trading begins on Monday and most European equity indexes were lower, reversing some of Friday’s rally. The Stoxx Europe 600 dropped 0.3 percent, led lower by energy stocks. On Friday, the index climbed 1.2 percent. The S&P 500 was set to open about half a percentage point lower. The Wall Street benchmark rose on Friday, but the increase was not enough to reverse a decline of 1.4 percent for the week, when faster-than-expected inflation data rattled markets. Traders are watching inflation data closely because if it shows signs of a substantial and sustained rise central bank policymakers might pull back on monetary stimulus. Later on Monday, the Fed vice chair, Richard H. Clarida, is speaking. On Wednesday, the central bank will publish minutes of its April policy meeting. Stocks Discovery shares rose 17 percent in premarket trading after confirmation it would merge with AT&T’s media business, including the WarnerMedia assets, to create a new giant company. AT&T shares rose 3 percent. The FTSE 100 in Britain fell 0.4 percent even as England entered the next stage of its exit from lockdown. Indoor dining and hotels reopened as well as entertainment venues such as museums and cinemas. But an increase in the number of cases of the coronavirus variant first detected in India has raised concerns about the easing of restrictions. Ryanair shares rose 0.9 percent after the airline reported a loss of 815 million euros (or $991 million) in the year through March but said that it expected a “strong recovery” in air travel and tourism in the second half of this fiscal year. “The recent strong increases in weekly bookings since early April suggests that this recovery has already begun,” the earnings release said. Taiwan’s stock index dropped 3 percent as the island battles its worst coronavirus outbreak. Its government imposed tougher restrictions, including closing cinemas and limiting the size of gatherings, and encouraged people not to panic buy essentials. Elsewhere in markets Oil prices rose slightly. The West Texas Intermediate, the U.S. benchmark, rose 0.3 percent to $65.58 a barrel. Bitcoin fell to about $45,000 on Monday morning, though it recovered some of its losses from the weekend after Elon Musk said Tesla hadn’t sold any Bitcoin. The electric carmaker bought $1.5 billion of the cryptocurrency earlier this year but Mr. Musk recently suspended plans to accept Bitcoin for car payments. The paper’s conclusions suggest that economic programs embraced by President Biden may be useful in raising wages.Credit…Stefani Reynolds for The New York Times Two economists at the liberal Economic Policy Institute conclude in a new paper that the government is to blame for the fact that pay for middle-income workers has increased only slightly since the 1970s. “Intentional policy decisions (either of commission or omission) have generated wage suppression,” write Lawrence Mishel and Josh Bivens. Included among these decisions are policymakers’ willingness to tolerate high unemployment and to let employers fight unions aggressively, trade deals that force workers to compete with low-paid labor abroad and the tacit or explicit blessing of new legal arrangements, like employment contracts that make it harder for workers to seek new jobs. Dr. Mishel and Dr. Bivens argue that a decades-long loss of leverage largely explains the gap between the pay increases that workers would have received had they benefited fully from rising productivity, and the smaller wage and benefit increases that workers actually received, Noam Scheiber reports for The New York Times. Drawing on existing measures of the relationship between unemployment and wages, Dr. Mishel and Dr. Bivens estimate that excess unemployment lowered wages by about 10 percent since the 1970s, explaining nearly one-quarter of the gap between wages and productivity growth. They perform similar calculations for other factors that undermined workers’ bargaining power: the decline of unions; a succession of trade deals with low-wage countries; and increasingly common arrangements like “fissuring,” in which companies outsource work to lower-paying firms, and noncompete clauses in employment contracts, which make it hard for workers to leave for a competitor. Together, Dr. Mishel and Dr. Bivens conclude, these factors explain more than three-quarters of the gap between the typical worker’s actual increases in compensation and their expected increases, given the productivity gains. Source link Orbem News #Closer #Europe #Live #move #spat #Trade #Truce #Trumpera #Updates
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Coinbase Blocks WikiLeaks Shop Without Notice
Coinbase, a San Francisco-based cryptocurrency exchange operator has reportedly blocked the account opened by WikiLeaks, a whistleblowing shop. Coinbase claims that WikiLeaks shop has engaged in prohibited use of the platform which violates their Terms of Service.
The exchange has asked WikiLeaks to read and follow the instructions provided on the Coinbase website and transfer the remaining funds to an external wallet.
WikiLeaks is a non-profit global organization that publishes classified news reports provided by anonymous reporters. Also, WikiLeaks is a merchandising platform which sells Pullover hoodies, T-shirts, mousepads, posters, and more to support its whistleblowing operations.
According to members of the community, WikiLeaks is famously known for releasing news that covered Hillary Clinton’s campaign Managers emails during the United States Presidential election campaign in 2016.
WikiLeaks had created an account on the Coinbase Platform to receive payments in cryptocurrencies such as Bitcoin, Ethereum, and many other altcoins.
The Email received by WikiLeaks from Coinbase did not clearly explain the reason why they were blocked. This led to a riot on Twitter as WikiLeaks seeks to call for a global blockade of Coinbase.
WikiLeaks published on Twitter saying:
“WikiLeaks will call for a global blockade of Coinbase next week as an unfit member of the crypto community. Coinbase, a large Californian Bitcoin processor, responding to a concealed influence, has blocked the entirely harmless WikiLeaks Shop in a decision approved by management.”
Andreas M Antonopoulos, a renowned Bitcoin enthusiast says:.
“We have come full circle. Many people’s interest in bitcoin started when WikiLeaks was out under an extra judicial embargo by VISA, MC, PayPal, and banks. Now Coinbase has repeated history. Oops.”
Ataraxia Investor, a Twitterati says:
“No difference between Coinbase and the banking Cartel, except that Coinbase is less secure, less insured, and less professional.”
Sheekhtoshi, an LTC investors says:
“I don’t think We’re at that stage to boycott anything in the space, but we definitely need to shift everyone to decentralized exchanges gradually, then we won’t have these types of financial censorship.”
Senthil, another Twitterati says:
“The irony in this hurts me. Coinbase exists today because of Bitcoin which is the ultimate expression of freedom, and yet they stop their services to WikiLeaks? Excellent Coinbase, while you rack up millions, don’t forget who made it possible for you.”
Zysl also spoke regarding the matter, says:
“Literally, the first time I’ve disagreed with WikiLeaks on something. Never thought the day would come. Shouldn’t stoop to the lows of others. If they don’t want you just use a different service, there’s so many anyways. A “blockade” seems a bit… elementary.”
The post Coinbase Blocks WikiLeaks Shop Without Notice appeared first on CryptoPotato.
Coinbase Blocks WikiLeaks Shop Without Notice published first on https://medium.com/@smartoptions
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Bitcoin Future Prediction, ETH 2.0 Hype, Harry Potter Coin, DigiByte Greed & SBI Ripple ATMs
VIDEO TRANSCRIPT
Hello, everybody. We’ll go back for another video. Hope you’re all doing well and that you’re all having an incredible day. We’ll go back for another news I missed. Where I go over. News I missed. Hedge fund manager Matt D’Souza thinks patience is the key for Bitcoin holders looking to capitalize on the having. And De Souza was also the co-founder and CEO of the crypto mining operator Block, where Solutions says it’s not the time to day trade. He said, and I do quote, In 2016, Bitcoin rallied sixty seven percent into having corrected 33 percent and bottomed within three weeks, only to begin a 17 month bull market in 2020. We didn’t have a rally going into the having as we recovered losses from the global market meltdown. The fundamentals for Bitcoin have never been better. Things are typically buy the news, sell the rumor events and 20 20, I expect a shallower sell off than 2016. We already corrected by 20 percent and only one two five. Oh, there we go. One point five to three week duration, Max. Now is the time to be patient and hold, not day trade. Sorry for screaming. The big money is in the sitting. What in capturing this. People use weird phrases. Big money is in the sitting. I don’t think I’ve ever heard that in my entire English career ever. And capturing the cycle. Never heard that either, end quote. Does Susan note that the Fed is recklessly printing money which will create negative interest rates? He also says 16 percent of miners have now shut off, giving BTC a better environment to rally. And it’s not just post having developments that could create a bullish environment for crypto trader and analyst Luke Martin says Bitcoin is also currently decoupling from the stock market. And there’s his tweet right there, which probably just says what I just said. In mid-March, when Bitcoin collapsed hand-in-hand with equities, many analysts expressed doubt about the assets ability to serve as a hedge on traditional finance. But that’s no longer the case, according to Martin Shaw. There were about 15000 other price predictions that I was going to throw into the video. But I was like, no, not today. I’ll I’ll I’ll I’ll I’ll I’ll I’ll not do that. Everyone seems to be thinking the same thing. I mean, as far as hedge fund managers, crypto enthusiasts, you kind of name it, everyone’s expecting that this having will be different and therefore things will be different in the next couple of weeks. I mean, you’ve you’ve seen the news that we’ve been going over the last couple of days. Everyone has their own ideas as to what could potentially be happening in the near future with the cryptocurrency market and exactly what’s going to be happening with Bitcoin. A lot of people are expecting that Bitcoin had to go down before the having an order for it to go up later on. We have seen historically it’s only been two other ones before this one that Bitcoin tends to dip and then move on up a bit higher. But Bitcoin, as they say, has never been tested in such a manner. The other two having there wasn’t a worldwide economic crisis and governments were not printing trillions of dollars in order to kind of mitigate losses and or prop up things that should not be propped up. So, yeah, that’s absolutely wonderful that another really rich person thinks that things are going to get better with the cryptocurrency space. I said that, ironically enough, if you could hear the tone of my voice, I say things like that sometimes in the video. People like How dare you side with the banks? And it’s like, come let listen to listen to the tone of my voice and how I am. I am currently talking to see that I am being. Facetious, but. Then I’m flying anyway. That’s the Bitcoin. I mean, like like I’ve mentioned before and many other times in the past, rich people have a very strong grasp on the cryptocurrency market. They have been in the market for a while. I think they were all like literally waiting for this having to take place. They’d be like, oh, my stars. Bitcoin’s amazing. It’s because they know mathematically that stuff is going to get real very soon. And that it is kind of spreading the good word, as it were. Let’s move on. Next up, where are the words? Jeez Louise. There we go. The lackluster response following Bitcoin’s third having has left many in the cryptocurrency community scratching their heads over why the event did and trigger the next crypto market monsters rally. Not really. It’s just people who don’t understand Bitcoin is having a once every four year event is said to be bullish for the pioneer cryptocurrency as it reduces the number of new Bitcoin minted on a daily basis by slashing the rewards. Mind per block. WellPoint five six point five. You already know all hope is not lost. And you’ll see exactly where I’m going with this as well, because I’m noticing a very new trend. It says all hope is not lost with they’re having now in the rearview mirror. Investors are searching for the next catalyst that will drive the crypto markets higher, according to a top analyst. The imminent launch of a Theory M 2.0, an update that will introduce a higher transaction throughput and a new consensus model under proof of stake will make a much more profound. A fact there we go on the crypto markets than the recently completed BTC, having Ryan Watkins, an analyst for Mazari, recently explained why he thinks Ethe 2.0 will provide a much stronger effect on crypto prices. In a tweet a few days ago, Watkins noted that while the having was a pre-programmed and thus predictable Ethe 2.0 was an uncertain and fundamental change. And that’s what I just said right there. And that’s also in the tweet. The Ethe 2.0 release date has been delayed for the longest time. It’s been about 16 years now. That was also a joke, mostly due to the extreme techno tatlock teeny tiny technicality. Wow of the project Ethe Dewpoint. Those launch was initially slated for the 30th of July because we all we all saw that date mentioned before. However, Metallic Budarin recently posted, hoisted posted that the date could be pushed further to an undisclosed date in quarter three of twenty. Now keep that date in mind as well, you know, and explain in a tweet on Friday why the delay is necessary rather than rushing to launch Ethe 2.0 for those of you who did not see. He said pretty much he thinks it should be slow and steady and he doesn’t want to make any mistakes. He said, What do we do now? Will echo through crypto history for the next couple of decades. And therefore he wants to make sure the E Theorem 2.0 is perfect, perfect instead of slightly perfect before it gets released. That was his explanation. So we don’t even have to go over all of that. If you look at the title of the article, it says, Why upcoming Ethe 2.0 could propel a bigger extended market rally? This one says, In theory, I’m decouples from Bitcoin as having pressure sets in. This one says Alt coins like a theory may soon benefit from institutions rushing to buy Bitcoin. And this one says Imperium 2.0, is what could bring a major turnaround for Ethe to the U.S. dollar. I woke up today finding thousands, not thousands, like 15 articles I’m all talking about. Theorem. For some reason with B having behind this and this is why I mentioned before. Don’t assume that simply people who are not within the cryptocurrency space don’t understand what Bitcoin having actually represent and how significant they are to the cryptocurrency space and also to the price of Bitcoin, to the actual issuance rate of crypto currencies in general. As we move into a more deflationary cryptocurrency world, a lot of different websites started poking their head out just exclusively talking about a theory about how amazing it theorem is. Not saying that a theorem is not amazing, awesome, cool, funky, fly fresh, however, just seems a little bit weird that all the attention has seemingly moves to Aegerion Cerium 2.0 now. And I assume of the next couple of weeks we are going to be bombarded with a theorem is amazing articles until and I say this probably around the time we end up hitting Ethereum 2.0. I’m aiming for August, September of 2022. That was also a joke. Lot of jokes today around this year, probably August. September is when this will probably phase zero us in the face. Then at that point, I assume some other type of news will have come about for some other coin, who is also going to have a having a doubling a for thing or something else will come out and they’ll kind of take all of the attention. And then when he Theorem 2.0 does get released and the price doesn’t skyrocket by thirteen thousand percent. Like many people, I assume, are assuming it’s going to happen. We’ll start to get articles the same exact way. Why isn’t Bitcoin going up? Why is any theory I’m going of? Why is it like coin going up? We see them over and over and over. I find it weird, isn’t it? I don’t wanna say that there’s no loyalty within the cryptocurrency space, but you kind of get what I’m saying. It’s kind of odd. I don’t know if these were always I love you theory and Web sites or simply now they are poking their heads out up, showing their true colors once again. There does not have to be one coin that rules them all. A lot of people think so. I think a market rally could come from any direction. I don’t think it’ll exclusively be Bitcoin that causes everything to skyrocket into the bazillions. It could be someone who wins the lotto and they’re like, I got an extra 14 million. Let’s buy up this coin. It could be a million. And one things. However. It appears that analysts are even more bullish than before on a theorem. I think it’s perfectly natural to be OK with your theory M 2.0 or be excited about it, especially when we talk about the issuance rate in this taking and then all the other stuff that we don’t have to go over again. It was kind of weird that there were so many different websites out there who were all talking and discussing about how amazing each theorem was around the same exact time. Are also more of these. I just I just chose these four because they had the nicest colors. Anyway. Probably my my most. Favorite. News story in a while. For those of you not looking at the screen, even the title, even the title gets me. It says that J.K. Rowling asks about Bitcoin accursed crypto Twitter scares her off. Jake, J.K. Rowling probably wasn’t expecting to unleash the Bitcoin community’s pent up passion and imagination when she tweeted two sentences asking about Bitcoin. But the author of Harry Potter series did. Responding to a tweet from Quoin Desk, senior reporter Ly Kyun Rowland tweeted, and I quote, I don’t understand Bitcoin. Please explain it to me in just two hours. Her tweet had spawned thirteen hundred replies. It took less than three hours for her to follow up with. I don’t think I trust this is weird. The reason I’m laughing is because if you’ve been into crypto for over two years, I. I give you even a year and a half. You know how intense this space can be. If you scream out, Bitcoin is garbage, Bikash is the true Bitcoin. You’re going to get some really strong responses if you send out a message. SRP is better than Bitcoin and like coin proved me wrong. You’re gonna get responses back. So all I could imagine when I read the title. Was at people to simply bombarded her with so many things, tearing her down and then to even read to her say, I don’t think I trust this because you you know how people are within the cryptocurrency space. So I think if I was if it was my first day in crypto and I and I wrote on Anthony possibly on his page, I don’t understand Bitcoin. Please explain it to me. And I got thirteen hundred responses and I’m going to read out some of their responses as well. I think I would also probably not even think of trusting Bitcoin lurking below the Twitter surface. Is a massive community of people who tweet about almost nothing except bitcoin and crypto day in and day out. That is the honest truth. Dying to use their netsch knowhow for the good of the world. Rowling accidentally tapped into it and attempts to speak Rowlings language. It gets better, I promise. Many started comparing Bitcoin to the wizarding world from her books. Someone said, remember how he he who must not be named, play seven Hawe cruxes and different objects around the world in an attempt to immortalize himself so that no one, not even the Ministry of Magic, could stop him. Someone said that he who must not be named or Lord Voldemort thought it would be unlikely that anyone could find all seven Halk cruxes making him impervious to destruction. Similarly under the hood. Bitcoin is composed or comprised of thousands of nosed around the globe running the Bitcoin software, although the number might be decreasing. Who cares? It is hard to share what we’re talking about. J.K. Rowling. It is hard to shut down because all of these nodes need to be shut down at once to derail the online currency. Stephen Saying a researcher at crypto publication of The Block focused his Harry Potter metaphore on the goal of Bitcoin, giving users freedom to do as they please. He said Remember when Dobbie was freed by a sock? Bitcoin is that sock. I mean, it just keeps going on like people kept on, like the Philosopher’s Stone and all this other stuff. Why not just explain to her what Bitcoin is in simple terms? I’m sure this woman who wrote this book 30 years ago was reading these responses and was like, what the heck is everyone even talking about? On top of that, the also other news was that Elon Musk apparently decided to also chime in and told J.K. Rowling about how amazing Bitcoin was. But is it this is a two parter. Hang in there. He said pretty much. Although massive currency issuance by government, central banks is making Bitcoin Internet ghost money looked solid by comparison. Once again, no one actually explained to J.K. Rowling what Bitcoin was. She said people are now explaining Bitcoin to me and honestly, it’s blah, blah, blah, collectibles, My Little Pony, blah, blah, blah. Computers got one of those blah, blah, blah. Crypto sounds creepy. Blah, blah, blah. Understand the risk. I don’t, though, because no one we we we make the mistake often being in the cryptocurrency space of just simply not simply easily explaining something to someone. Now, many friends I’ve had who’ve tried looking at my channel and they don’t understand the thing. I mean, first of all, the channels made for intermediate to low level advanced, like, you have to have been here for a while to really get the channels on a an introductory kind of channel. But it is that same exact thing like you. I talk to all of you as if you know what. 256 is or what the e what what proof of stake. And this is like you you get these terms. You also know what securities are. Anyone come into the channel with simply does go away though. I don’t know what of this stuff is. No one explained it to her. Everyone gave her Harry Potter references. Elon Musk is talking about Bitcoin, Internet ghost money, looking solid by comparison. Also, the two parter for that one. For those of you not looking at the screen, the title of this article is Elon Musk Drops Bitcoin Bomb on J.K. Rowling. Bitcoin is solid compared to fiat money. He never said any of those words. He said the words solid. He he referenced Bitcoin as magical ghost Internet money for those of you who’ve never heard that, that was a very big thing in 2014, 15 and 16, where people used to say that Bitcoin was magical ghost Internet money, that no one could see it, no one understood it, and therefore was his relatively unknown entity that was kind of floating around this that just simply worked. He said Bitcoin as magical ghost Internet money looks solid by comparison. He didn’t call Bitcoin solid. He did say that Bitcoin was a new world currency. He simply said by comparison, goes to money, looks solid to all the issuance by central government banks. Very weird because through multiple different articles on the Internet, they constantly made reference to the fact that Elon Musk had spoken about Bitcoin. Well, I think the third time, third or fourth time this year, and this time he used the word solid to talk about Bitcoin. He didn’t learn learn how to read English and stop trying to misconstrue things to make them sound better. The point is, this is my favorite thing. I was I was I was making some tea. I read this and I laughed for a good 20 minutes. I don’t if you heard the the optimism in my voice before I started this video is because I had had so much joy in my heart, just thinking chemo came. People in the cryptocurrency space leave now because of how insane the cryptocurrency space is and how like. The word is intense. How intense people can get because of, you know, how intense crypto Twitter is. So I just imagine J.K. Rowling sitting at home wrapped up in a blanket, like drinking some tea, just not understanding, like, what the heck are these people talking about? That’s my favorite news story. And then Elon Musk saying the word solid, which also got people riled up. I mean, why, why, why? Why is there a picture of money? Why is there a woman who has her finger nails done holding up a hundred dollar? Well, let’s start with Krypto. What’s going on? What’s going on, guys? Like what? What am I missing? Why the woods? What’s happening in this space? What what is this picture? If there was a photo of Elon Musk, I would get it. Or Elon Musk and J.K. Rowling at an event standing side by side, it would have made a bit more sense. There’s a woman wearing jeans, holding hundred dollar bills. Anyway. There’s a reason why it’s called news, I missed it. There’s a huge reason. Let us move on. And also other news, Jarrett Tate, the founder of Deji Bite, announced that he will be stepping aside from day to day operations due to the greed and rampant pillaging of the cryptocurrency industry. Tate announced his departure from the front end of the crypto space on his Twitter page on the 15th of May. After eight years in the industry, wow, he had this to say about his experiences. He said, all along the way, I have learned some very humble lessons. Number one of which is greed is the fundamental driving force in crypto and people’s actions in life, end quote. It took him eight years to learn that eight years that we all did that I knew took him eight years. Tate said he doesn’t speak for everyone involved with did you? Right. Which he proclaims that the original values of the crypto industry have disappeared. We’ve gone over that as well. The old old crypto is completely gone. Tait’s noted that all 90 percent of the people care about is cashing out. When one of their coins moons. And that’s because boys and girls for everyone listening, I wanna tell you a secret about the cryptocurrency space. Hope you’re listening. Remember these words. Ninety nine percent of the cryptocurrency market is garbage. Did you hear me? Rubbish. Terrible. No use. There’s no need for these coins and people know that in the back of their head, no matter how much you tell yourself. Listen, I’ll be out. I’ll be frank with you and I’ll even level with you. I’ll even I’ll even say that I understand you. I get why people try to pump their coins in the comment section I get while other people are fighting. I get why. So am I and I get it. I don’t agree with it. However, when people try to pump their coins, it’s because they know that they’re holding garbage and they’re doing anything that they can in their power to make sure that the prices of these coins go up so that they can moon and that they can cash out, because in the very beginning he’d heed my words. People got into some of the worst coins in the cryptocurrency space trying to make a rapid quick buck. This is why they did. These other channels are flourishing once again. I’ve I’ve I’ve never been so shocked in my entire life, honestly, on a on an average day. My videos get anywhere from 13 to 18 thousand views, give or take. They fluctuate back and forth. And I and I simply give you the news. I tell you the reality of the cryptocurrency space. I don’t sugarcoat anything. If something looks like garbage, I’m going to tell you it’s garbage. The other channels that have come out of the woodworks or have started reposting videos. These channels are getting one hundred and sixteen thousand views a day. Eighty five thousand views a day. Their channels. One of them. What was it like a couple of days ago? It was like chart shows bitcoin hitting one hundred thousand very soon. Are you in the market? All these things. Everything right now almost knocked over a picture frame. Everything just go away. Everything right now in the cryptocurrency space. Has to exclusively do with people trying to make sure that their coins are no one are hyped up, are pumped up so that the prices can go up and they can cash out. People know that they’re holding garbage. And I’m sad that it took the the founder of Deji by eight years to figure this out. And in the end in the beginning, in the long, long ago, in the beginning of the cryptocurrency space, things were not as they were right now. Things were a lot calmer than we we we had the idea of of of the whole Lambeau culture. But that also came from the greedy aspect of what is now a huge force within the cryptocurrency space. Before that, the idea was to decouple the entire world from fiat currencies. We know that Bitcoin is slow, but we know that eventually Bitcoin will get upgraded. We can do this and make sure that Bitcoin stands as the the the the the totem pole. And therefore, if everyone touches the totem pole, gains it’s knowledge, we can all move on from fiat currencies. This is when the other coins I’m in, I and I. My my brain won’t let me go through eight years of Krypto life to name all the coins, we had so many copies of Bitcoin starting to pop up and. I don’t even consider light coin to be a necessary copy like coin was created more so as as a like a literal silver literal silver to Bitcoin’s gold. It was meant to be. And then eventually it became this kind of test net, which is totally fine when you’re trying to protect the main core, as it were, for Bitcoin. What happened over the last couple of years, and I’ve mentioned this on several other occasions, the Andes, the old idea of decentralization is is is completely gone. The cryptocurrency space has allowed itself to become corrupted by not only greed, but also institutions. Remember before when institutions and Griese and Bank and all this other stuff were very bad things, and now people loud to them and praise them on a crypto Twitter. I’m so glad the JP Morgan’s getting into this. I’m so blah, blah, blah, blah, blah, blah, blah. I understand. I’m also an investor for those of you who were unaware. I’m I’m also into the into the money aspect because I want security in my life. However, the fact that this person just got to the point that I mean, it’s the same exact reason, like we we logically don’t need multiple Bitcoin. If you feel in your heart that Bitcoin, the core is too slow. You create a side chain that runs inside it and you allow these new upgrades to run on said PSI chain, you’d leave the core alone and you build on the outside to make Bitcoin stronger. The BSA vs the B cashes the B gold’s the B diamonds, the B, everything else. These are all unneeded coins and I’ll even go so far as to say did you buy it also isn’t a coin that’s needed. I keep seeing people over and over talking about how it’s just in the comment section. I know these people are trying to hype up the coin and I’m I’m not even half remotely sad that I’m being honest with all of you. It’s just really how things are. I mean, that so many coins in the space, we have no need for them. They’re never going to do anything. A lot of people bought these coins in expectations years ago that these coins were going to rocket and moon. I have a friend. I don’t think he’s watching. But if you are. When he got into the cryptocurrency space, I said, focus on a couple of coins. He went OK and bought a whole bunch of other coins, which I will not name. These coins are doing terrible. And I mean, terrible, terrible, like, bad, terrible. And all I see every single day is him trying to make sure that other people know about how great his garbage is that he bought. Eventually, when the prices go up, can you guess what he plans on doing? He plans on selling because people realizing you all of you realize and for those of you who say you don’t realize, I’m going to tell you, you’re going to realize sometime in the future, you have probably purchased garbage. You are holding onto garbage. You need to at some point get rid of that garbage. And I hope that the next cryptocurrency Bullrun, that not even if we even don’t reach previous highs, that we go five cents over the previous highs of where we were and that you have a chance to cash out and then re-evaluate your portfolio. And I mean that with the most honest words I can possibly comprise together of all the words in the English language. Total honesty. Of course, people in the cryptocurrency space are greedy. So many. Why do you think we have all these coins? Why do you think we have all these other people trying to mimic and make all these other things? You’ve seen all the other cryptocurrency changes that have shut down all the crypto startups, the AI CEOs, the SVO is and have come and gone. There was no need for these things. I told all of you years ago, I remember I had other videos I would show you Web sites, these people talking about. They had made in Bitcoin, our coin is five times faster in the Bitcoin, where the new so and so sign up for this. Do this. Make your money by this. And I’m I beat these coins won’t be around. Dude, you have no idea what you’re talking about. Modern investor, your garbage investor. No. OK. Sure. I got it. Like I said and like I say. Oh, you’ll all get it at some point. There’s a reason why the market mainly focuses on three coins. That’s not to say that there may not be eight other coins circling around those three that could potentially do well in the future. But at least five of those eight are not. The other three are going to be sitting on the sidelines. They’ll they’ll be successful companies, but people won’t be using them. I’m I’m sad that it took this man. Eighty years to figure this out, he added. It’s a primal force. I get that. But every day I see this tech being used to enrich the few at the expense of the long term. Good of the many. He said making a quick buck is not why block chain matters. It’s not at all. But the entire idea of block, chain and cryptocurrency has gone out the window. Cryptocurrency has allowed itself to become easily hyper corrupted by banks and institutions who now own the entire space. Remember, remember what I said about two years ago? I said when the people from the Nasdaq. And the New York Stock Exchange. And Fidelity and the Winklevoss and all these other people are holding thousands, tens of thousands of Bitcoin. Hundreds of thousands of Bitcoin. I think I’m pretty sure the Winklevoss hold in two thousand thirteen. They had at least two hundred thousand Bitcoin. One can only assume they probably have a lot. A lot. A lot. A lot. A lot. A lot. A lot. A lot. A lot. A lot. A lot more. When these people stay the richest people on the planet and become even richer in the future, we can’t get upset at them because we we’ve allowed them to corrupt the space. This is why I mentioned before. For those people who don’t even have a fraction of a Bitcoin in their portfolio and are never going to buy Bitcoin, I, i in in in in 20 years. We’ll have a digital virtual conference in some sort of way. And I’ll let you know, I’ll let you explain to me why you just simply did not buy Bitcoin and how great that’s going for you. Like I said, not being mean, but you have to understand, this place is just. It’s Guards’. It’s gonna be full of greed. It’s a monetary market. Wait, wait, wait. What did this person think was gonna happen by the time Bitcoin had value? This is why for those of you who didn’t do a history lesson, why Satoshi Nakamoto left the space. There were people who he trusted to kind of continue building this in the background. One of the people I think went to the US government and was going to, like, show them how great Bitcoin was. And Satoshi was like, what are you doing? The guy was going there for profit because he probably thought, I know I blew this guy, probably thought he could sell off some Bitcoin or sell off the actual infrastructure to the US government. We have the tools and the means to get away from the old system. But people don’t care. People care about the integration with the old system. And that’s why the news has become the integration with the old system. How to make the old system great. No one’s using swift while there’s a new form of swift. No one’s using so and so where there’s a new form of this. You’re a computer’s not working well. It is integrated into ours as opposed to creating our own space. But we we’ve we’ve we’ve we’ve come far too far. We now have billionaires who own Bitcoin. I’m sure they’re telling their billionaires and or mega millionaire friends to also buy a Bitcoin. These people will own all the Bitcoin in the future. Fifteen years from now, you know, like when we get those really weird, crazy, wacky price predictions of a bitcoin price in twenty, twenty eight and twenty thirty two of being multi million dollars per bitcoin. Think of in the future how many people around the world are just not simply going to hold. Because they’ve bought all these other coins. It’s insane to think about the opportunities that people had. I remember shouting from the rooftop, Buy Bitcoin, it’s two hundred dollars. No. No one listened by Bitcoin is twelve hundred dollars. Bitcoin has dropped from twenty thousand dollars. Have you accumulated Bitcoin? No Bitcoin bitcoins at three thousand five hundred. Why would I want to buy Bitcoin? OK, cool. The point is, of course, the space is full of greed. Of course, it’s a fundamental driving growth or factor or force. We live in a world. Where money rules everything around us. Have we ever heard of cream c r e m Googled the word cream money or C dot r dot e dot a dot m. And you’ll you’ll get it. I’m sure a lot of people know exactly what cream is. Anyway. Yeah. Sorry. Sorry, mister. Did you bite founder that you realized it. It took this man eight years. All these people do is create new coins in an effort to make money from them. This is why it’s also very confusing. Sometimes when you see a lot of these coins that no one’s using have market valuations in the hundreds of millions of billions of dollars. What’s that? Did they they’ve created money out of thin air and people bought it. Remember last year and the year before that, all the conferences we were talking about that were taking place in Russia and other places like that? Like I told you, my friends showed me how he sent me the Instagram stories. These people having multi hundred people conferences in Russia creating like Bitcoin do to do like it was a weird name after it. And these people, they were asking these people that they were going up to them with microphones. How much did you put into the market today? I put fifteen thousand. I think it’s gonna do really well. These coins probably didn’t even exist, these were all scams and the people who ran these scams. Are now somewhere in paradise. They now have tens of millions, hundreds of millions of dollars waiting for the time when they can make their next scam. I know people won’t listen. I know some of you will listen. But I know the vast majority, 99 percent have either clicked the way already, have left a dislike, have left a bad comment or think I’m absolutely insane. And I tell you these things because I’ve been here before. I said this in another video. I know you won’t listen at this point. It kind of is what it is. If you keep buying crappy coins in the future, you’re gonna have a crappy portfolio. Just letting you know and also being sick of the greed that’s the market now. That’s that’s just is what it is. You’ve you’ve seen the comments section. You’ve seen Krypto Twitter, you’ve seen all of it. People are very what’s the word tribalistic in the cryptocurrency space because everyone drank the Kool-Aid in a different corner. Everyone ran to a corner, drank that Kool-Aid, and now they scream at other people, you should be drinking my Kool-Aid when they know it tasted terrible. It was bitter. It was horrible. They didn’t like it. But you have to convince other people, hey, mine is mine is better. I come over to my side and the other people come over. They also taste it and go, Oh. Buy this one, buy this one, because they also bought into the madness. Well, all these coins of garbage there are there are maybe five coins that have any real purpose. And I’m not talking about any staking any delegated proof of stake, any other crappy coins like that. Very few coins are actually going to be used in the future anyway. Yeah, sorry. Did you buy it, founder? I hope you understand now that the place is just about greed and money does. Yeah. Cream anyway. Let’s move on. Next up, Metallic Budarin is in the news in a series of tweets, Imperium co-founder Vitaly Budarin gave a nod of approval to competing block chain EOS with regard to the neach they are trying to carve out. He said, if I were designing a new chain to go live along a Bitcoin, any theory theorem, I would. Oh, that’s a that’s a very bad sign. Whenever someone says those words, that means that they’re slightly planning it in the background. I would take all the political tradeoffs that Bitcoin and ether aren’t willing to take, Budarin said in a May 15th tweet, referring to, of course, Bitcoin and ether because he said BTC and Ethe listed by Coin Telegraph as a fifth most influential person in crypto really and block chain Budarin and hold significant weight in the industry, Budarin noted. Quadratic voting, based on unchanged governance and all built into cryptographic procedures, are tradeoffs of interest. He also included on chain oracles for all events. Instead of ones that simply relay price moves. Budiman also mentioned potentially adding some form of identification on the network, perhaps even an on chain model of identity, at least for participants who want to participate, participate, participate in governance. Non governing actors will still be fully anonymous, he said, although he specified constructing the feature smarter than other current platforms. He said, This is why I actually have some respect for iOS and Co.. I disagree with delegated proof of stake, but at least they are trying to develop a cohesive and principled alternative niche, he added, referring to the delegated proof of stake block chain framework. That’s also news. Yeah. Vitaly Budarin said he has some respect for iOS. The Internet ran away with it. This is not listen. So a couple of other times before, it wasn’t Budarin. But there have been other people, other big wigs, big names in the cryptocurrency space who have mentioned that if they were to create a new chain, that they would do it like this. I redis very them. The bureau has already said before in the past that at some point he plans on stepping away from Ethiopia. Theory. He said, is no time soon. But he wants it to be as decentralized as possible. He doesn’t want to have the sway and the weight that he currently holds within the cryptocurrency space. Charlie Lee has said the same thing. I guess Nakamoto said it in 2009, 2010, because he’s gone. And so have many other people who have leadership role. So it does kind of make sense. I really hope he doesn’t make a new chain because it’s just kind of like, oh, no, no, no, no. But yeah. Vitaly Budarin tipped his digital hat towards iOS four delegates, proof of stake. And that also made news because this is news that I missed. There’s usually a reason why I missed it at. John McAfee. Is in the news today. John McAfee’s goes to cryptocurrency, teasers out who and the privacy focused coin is ready for its worldwide debut. I was hoping this would happen. The millionaire entrepreneur has just informed the world, thank goodness, about his latest crypto offering called Ghost that focuses on individual privacy. The tweet featured the white paper launch for the upcoming coin. It says, Yes, money signed Ghost White Paper coming out today, 8:00 p.m. Central. No, I will say nothing in advance. Dot, dot, dot, maybe. Dot, dot, dot. I’ll put it out half an hour earlier. Dot. Or maybe not. Said John McAfee on the 15th of May. Twitter Roddie has responded with enthusiasm, really about the John McAfee ghost cryptocurrency white paper. Soon the tweet was flooded with queries and congratulations. Why? This is the third coin he’s made. John McAfee has made other coins before. Am I the only one who, like, pays attention to the day to day of the cryptocurrency space? John McAfee has made other coins before. He’s also promoted tons of crappy coins before. A lot of you have probably lost money because that because of John McAfee. John McAfee was the scam promoter in 2017. Type in John McAfee, IFCO 2017. He promoted a new coin a day, a day, not every other day, not once a week, every single day on his Twitter. John McAfee was promoting a different coin. And John McAfee had the stop because the S.E.C. was like, what? What are you doing? He was he was also getting paid. I think I think I think the rumors were the rumors were between 50 to one hundred thousand dollars per coin. And he never disclosed it. And people just thought that he actually logit had a new coin of the day. Same exact thing. There’s another crypto tuber who is the same exact way. I’m not going to say names. You know exactly who I’m talking about. He also remember 2017. This guy said it’s really weird that all these scammers are popping back up and people are following them. It’s the weirdest thing in the entire world. How many times do you have to be burned to understand that that that the oven is hot? Stop touching it. You know that these people are scammers. You know that these people. John McAfee has made multiple coins. He has promoted multiple scams before in the past. Why would any why why would why would you continue following nine? You know how many views? Ninety five thousand of uses for a scam. Remember the other day when we were talking about all those people? Who are watching those scams? If you give me one hundred X Arpey, I’ll give you back a thousand. And why why they’re so popular. What is going on in the world that people just don’t. Is it? It’s called common sense. Like what is? And I didn’t even make a joke. I was gonna make a joke, like, send me a Bitcoin, I’ll send you 10, because I know that at some point somebody would send me a Bitcoin like, hey, TMI, never send me back my ten bitcoin. Like, what do you what do you think is happening in the world? Is it is. It is. The white paper will launch at 8:00 p.m. Central Time. The public will have full access to all technical details regarding the coin. This is not his first coin. His other coins have flopped. No one won. I think it was actually like a I think it was called McAfee coin. No one’s going to use these coins. I swear to actual goodness, if anyone in this channel puts their money into this coin that no one is going to use. And you use you lose your money. Please only blame yourself. No one else. Tell your friend, tell a family member, tell your dog, stop it. Stop buying these crappy coins. There’s no there’s no there’s no point in the near future. Were any institution, any bank, any anything? Is not only going to be adding ghost to their cryptocurrency exchange, they’re not going to be custody ing ghost. And they’re not going to be buying ghost. John McAfee is releasing a new coin. If it even ends up launching the white paper as launching, if the actual coin gets off the floor. Who knows? None of you should hold this in the first place. And to finish things off, Ripple Partners, Bibi or SBI Holdings says it plans to use a Ripple’s payments technology to make it easier for people in Japan to access a.T.M. Well, that’s so nice of them. In its latest yearly fiscal reports. The financial services company says it’s working to integrate its ripple powered payments. Settlement money app, tap tap money app app money tap with eight teams runs by various banks across the country. The move could make it easier for users to access their phones at any time, regardless of bank affiliation. Wow. I mean, that’s that sounds futuristic. SBI says the project could also improve the bottom line for banks. Always important because banks are banks themselves by reducing operating costs. They said currently each bank has an atom with its own bank app, but with a common web app, these same atom may be used or jointly operated by a multi bank. Adam, that sounds interesting. It’s almost as if we didn’t need a Tam’s anymore. We simply could just use cryptocurrency. Hmm hmm. I guess not. Maybe a couple more years. SBI aims to roll out money tap to a bank consortium that’s led by SBI Ripple Asia. The consortium currently has 61 banks operating or representing about 80 percent of all bank assets in Japan. In September of last year, SBI Holdings President Yoshitaka Cartel was quoted as saying that the app, which is fully licensed by Japanese regulators, would utilize Ripple’s native cryptocurrency Zerk in the future. Wonderful. I love the idea of more a.T.M, especially when I don’t even use an A.T.M.. No one my age uses cash anymore. I don’t know if you still use cash. Everyone I know taps their cards, lives their card or just simply orders online. I guess there are tons of people who do use atoms so cool that they’re gonna be using Ripple’s payment network. For that, no explicit words on them using. I assume SERP will be used somewhere in the background because for those of you who don’t know, REPL is actually partnered with nearly every single bank in Japan. So at some point I’m ex Arpey is going to be heavily used. But for this news that was also everywhere, it kind of all over the place. S.P.I is going to be using REPL. I mean, I’m shocked. Are you? I mean, I’ve never seen the affiliation before side. I just simply did not expect this to happen. Anyway. As always, a very special thank you to my patriot and supporters, reviser Walli, from going to my university utopia. Five hundred and sixty nine, Yashar Hanadi Moonman High X Arpey, the pothead Joshua Vinyard, Martin Steuer, Tongo no low sound go low. Low no Bromo. John saucing the animal. Rita a a phobia thottam mullas Adam gracing Mohammed Ronie massive benches in Thailand. Jarrin Schneider Wyse Night Owl two hundred and forty two to the world Krypto Joe Bankroller Network Adobo Krypto artist Goldi 3D Nicholas Where on earth one peace one love Damian set soon Nick Kanigher Richie which a third Vlad the Impaler Praksis Nick Mondiale Livonia. Danny Charles Jim Garner Jeremy Fox minting coins m.a hitch test everyday and Casket’s Leg Day. Yes to Krypto but make both face any time faintness Moncks Corner staff are Medek Seventeen Bake me a cake to grow much Olisa on crypto with Lenno Prioleau Michelle you are l and hold on. I have to sneeze. Thank you all very, very much for your support. Thank you to everyone who is a subscriber of the new channel. Thank you to everyone who was a member of this channel. And thank you to everyone who has a clicker of affiliate links. SAT the momento. The cryptocurrency market looks in saying, I saw a couple of articles. First of all, Bitcoin is down currently by two point one three percent. I saw a couple of articles talking about that Bitcoin was on its way back down to seven. The Bears had taken control and therefore it was time for the market to kind of hold on. I don’t think we’re going back down to 7000. I could see a slipping slightly below nine thousand for a couple of seconds in a coordinated move to acquire more. Lower than nine thousand dollar Bitcoin. But at the moment, fundamentals look great. The fluctuations are absolutely insane. And once again, if you’ve been day trading kudo’s to you, because these movements are moneymakers, that’s not me telling you to go day. Trade is more like a if you’re already in it and you know what to do, therefore keep on doing it. Me? Yeah. The market looks crazy. Nothing. And what if the price of did you buy it went up because the founder was like, nope, I’m gone. I’m Hyperion is up by 15 percent. Wow. That’s twenty four million dollars worth of trading volume. That is. I mean, that’s more than any other coin I’ve never seen. Twenty four million per coin. I simply my mind can’t take it. I don’t know what to do with that 24 million faders up one 19 million synthetics is up on one million. Really, really strong, strong trading, trading, trading volumes right now going around. For those of you who could not hear in my voice that was sarcasm. I do hope you all enjoyed. I mean, I enjoyed the the the J.K. Rowling one. Hope you all enjoyed. Hope you all are having a great day of mourning. A great afternoon. A great evening. Wherever you are. Where ever you might be. I do hope that it was ab. So lewdly. Fantastic. Thank you all once again for watching and or listening. And I will most definitely. Certainly, hopefully probably. We’ll be talking to you all soon. See you.
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Bitcoin Future Prediction ETH 2.0 Hype Harry Potter Coin DigiByte Greed & SBI Ripple ATMs
VIDEO TRANSCRIPT
Hello, everybody. We’ll go back for another video. Hope you’re all doing well and that you’re all having an incredible day. We’ll go back for another news I missed. Where I go over. News I missed. Hedge fund manager Matt D’Souza thinks patience is the key for Bitcoin holders looking to capitalize on the having. And De Souza was also the co-founder and CEO of the crypto mining operator Block, where Solutions says it’s not the time to day trade. He said, and I do quote, In 2016, Bitcoin rallied sixty seven percent into having corrected 33 percent and bottomed within three weeks, only to begin a 17 month bull market in 2020. We didn’t have a rally going into the having as we recovered losses from the global market meltdown. The fundamentals for Bitcoin have never been better. Things are typically buy the news, sell the rumor events and 20 20, I expect a shallower sell off than 2016. We already corrected by 20 percent and only one two five. Oh, there we go. One point five to three week duration, Max. Now is the time to be patient and hold, not day trade. Sorry for screaming. The big money is in the sitting. What in capturing this. People use weird phrases. Big money is in the sitting. I don’t think I’ve ever heard that in my entire English career ever. And capturing the cycle. Never heard that either, end quote. Does Susan note that the Fed is recklessly printing money which will create negative interest rates? He also says 16 percent of miners have now shut off, giving BTC a better environment to rally. And it’s not just post having developments that could create a bullish environment for crypto trader and analyst Luke Martin says Bitcoin is also currently decoupling from the stock market. And there’s his tweet right there, which probably just says what I just said. In mid-March, when Bitcoin collapsed hand-in-hand with equities, many analysts expressed doubt about the assets ability to serve as a hedge on traditional finance. But that’s no longer the case, according to Martin Shaw. There were about 15000 other price predictions that I was going to throw into the video. But I was like, no, not today. I’ll I’ll I’ll I’ll I’ll I’ll I’ll not do that. Everyone seems to be thinking the same thing. I mean, as far as hedge fund managers, crypto enthusiasts, you kind of name it, everyone’s expecting that this having will be different and therefore things will be different in the next couple of weeks. I mean, you’ve you’ve seen the news that we’ve been going over the last couple of days. Everyone has their own ideas as to what could potentially be happening in the near future with the cryptocurrency market and exactly what’s going to be happening with Bitcoin. A lot of people are expecting that Bitcoin had to go down before the having an order for it to go up later on. We have seen historically it’s only been two other ones before this one that Bitcoin tends to dip and then move on up a bit higher. But Bitcoin, as they say, has never been tested in such a manner. The other two having there wasn’t a worldwide economic crisis and governments were not printing trillions of dollars in order to kind of mitigate losses and or prop up things that should not be propped up. So, yeah, that’s absolutely wonderful that another really rich person thinks that things are going to get better with the cryptocurrency space. I said that, ironically enough, if you could hear the tone of my voice, I say things like that sometimes in the video. People like How dare you side with the banks? And it’s like, come let listen to listen to the tone of my voice and how I am. I am currently talking to see that I am being. Facetious, but. Then I’m flying anyway. That’s the Bitcoin. I mean, like like I’ve mentioned before and many other times in the past, rich people have a very strong grasp on the cryptocurrency market. They have been in the market for a while. I think they were all like literally waiting for this having to take place. They’d be like, oh, my stars. Bitcoin’s amazing. It’s because they know mathematically that stuff is going to get real very soon. And that it is kind of spreading the good word, as it were. Let’s move on. Next up, where are the words? Jeez Louise. There we go. The lackluster response following Bitcoin’s third having has left many in the cryptocurrency community scratching their heads over why the event did and trigger the next crypto market monsters rally. Not really. It’s just people who don’t understand Bitcoin is having a once every four year event is said to be bullish for the pioneer cryptocurrency as it reduces the number of new Bitcoin minted on a daily basis by slashing the rewards. Mind per block. WellPoint five six point five. You already know all hope is not lost. And you’ll see exactly where I’m going with this as well, because I’m noticing a very new trend. It says all hope is not lost with they’re having now in the rearview mirror. Investors are searching for the next catalyst that will drive the crypto markets higher, according to a top analyst. The imminent launch of a Theory M 2.0, an update that will introduce a higher transaction throughput and a new consensus model under proof of stake will make a much more profound. A fact there we go on the crypto markets than the recently completed BTC, having Ryan Watkins, an analyst for Mazari, recently explained why he thinks Ethe 2.0 will provide a much stronger effect on crypto prices. In a tweet a few days ago, Watkins noted that while the having was a pre-programmed and thus predictable Ethe 2.0 was an uncertain and fundamental change. And that’s what I just said right there. And that’s also in the tweet. The Ethe 2.0 release date has been delayed for the longest time. It’s been about 16 years now. That was also a joke, mostly due to the extreme techno tatlock teeny tiny technicality. Wow of the project Ethe Dewpoint. Those launch was initially slated for the 30th of July because we all we all saw that date mentioned before. However, Metallic Budarin recently posted, hoisted posted that the date could be pushed further to an undisclosed date in quarter three of twenty. Now keep that date in mind as well, you know, and explain in a tweet on Friday why the delay is necessary rather than rushing to launch Ethe 2.0 for those of you who did not see. He said pretty much he thinks it should be slow and steady and he doesn’t want to make any mistakes. He said, What do we do now? Will echo through crypto history for the next couple of decades. And therefore he wants to make sure the E Theorem 2.0 is perfect, perfect instead of slightly perfect before it gets released. That was his explanation. So we don’t even have to go over all of that. If you look at the title of the article, it says, Why upcoming Ethe 2.0 could propel a bigger extended market rally? This one says, In theory, I’m decouples from Bitcoin as having pressure sets in. This one says Alt coins like a theory may soon benefit from institutions rushing to buy Bitcoin. And this one says Imperium 2.0, is what could bring a major turnaround for Ethe to the U.S. dollar. I woke up today finding thousands, not thousands, like 15 articles I’m all talking about. Theorem. For some reason with B having behind this and this is why I mentioned before. Don’t assume that simply people who are not within the cryptocurrency space don’t understand what Bitcoin having actually represent and how significant they are to the cryptocurrency space and also to the price of Bitcoin, to the actual issuance rate of crypto currencies in general. As we move into a more deflationary cryptocurrency world, a lot of different websites started poking their head out just exclusively talking about a theory about how amazing it theorem is. Not saying that a theorem is not amazing, awesome, cool, funky, fly fresh, however, just seems a little bit weird that all the attention has seemingly moves to Aegerion Cerium 2.0 now. And I assume of the next couple of weeks we are going to be bombarded with a theorem is amazing articles until and I say this probably around the time we end up hitting Ethereum 2.0. I’m aiming for August, September of 2022. That was also a joke. Lot of jokes today around this year, probably August. September is when this will probably phase zero us in the face. Then at that point, I assume some other type of news will have come about for some other coin, who is also going to have a having a doubling a for thing or something else will come out and they’ll kind of take all of the attention. And then when he Theorem 2.0 does get released and the price doesn’t skyrocket by thirteen thousand percent. Like many people, I assume, are assuming it’s going to happen. We’ll start to get articles the same exact way. Why isn’t Bitcoin going up? Why is any theory I’m going of? Why is it like coin going up? We see them over and over and over. I find it weird, isn’t it? I don’t wanna say that there’s no loyalty within the cryptocurrency space, but you kind of get what I’m saying. It’s kind of odd. I don’t know if these were always I love you theory and Web sites or simply now they are poking their heads out up, showing their true colors once again. There does not have to be one coin that rules them all. A lot of people think so. I think a market rally could come from any direction. I don’t think it’ll exclusively be Bitcoin that causes everything to skyrocket into the bazillions. It could be someone who wins the lotto and they’re like, I got an extra 14 million. Let’s buy up this coin. It could be a million. And one things. However. It appears that analysts are even more bullish than before on a theorem. I think it’s perfectly natural to be OK with your theory M 2.0 or be excited about it, especially when we talk about the issuance rate in this taking and then all the other stuff that we don’t have to go over again. It was kind of weird that there were so many different websites out there who were all talking and discussing about how amazing each theorem was around the same exact time. Are also more of these. I just I just chose these four because they had the nicest colors. Anyway. Probably my my most. Favorite. News story in a while. For those of you not looking at the screen, even the title, even the title gets me. It says that J.K. Rowling asks about Bitcoin accursed crypto Twitter scares her off. Jake, J.K. Rowling probably wasn’t expecting to unleash the Bitcoin community’s pent up passion and imagination when she tweeted two sentences asking about Bitcoin. But the author of Harry Potter series did. Responding to a tweet from Quoin Desk, senior reporter Ly Kyun Rowland tweeted, and I quote, I don’t understand Bitcoin. Please explain it to me in just two hours. Her tweet had spawned thirteen hundred replies. It took less than three hours for her to follow up with. I don’t think I trust this is weird. The reason I’m laughing is because if you’ve been into crypto for over two years, I. I give you even a year and a half. You know how intense this space can be. If you scream out, Bitcoin is garbage, Bikash is the true Bitcoin. You’re going to get some really strong responses if you send out a message. SRP is better than Bitcoin and like coin proved me wrong. You’re gonna get responses back. So all I could imagine when I read the title. Was at people to simply bombarded her with so many things, tearing her down and then to even read to her say, I don’t think I trust this because you you know how people are within the cryptocurrency space. So I think if I was if it was my first day in crypto and I and I wrote on Anthony possibly on his page, I don’t understand Bitcoin. Please explain it to me. And I got thirteen hundred responses and I’m going to read out some of their responses as well. I think I would also probably not even think of trusting Bitcoin lurking below the Twitter surface. Is a massive community of people who tweet about almost nothing except bitcoin and crypto day in and day out. That is the honest truth. Dying to use their netsch knowhow for the good of the world. Rowling accidentally tapped into it and attempts to speak Rowlings language. It gets better, I promise. Many started comparing Bitcoin to the wizarding world from her books. Someone said, remember how he he who must not be named, play seven Hawe cruxes and different objects around the world in an attempt to immortalize himself so that no one, not even the Ministry of Magic, could stop him. Someone said that he who must not be named or Lord Voldemort thought it would be unlikely that anyone could find all seven Halk cruxes making him impervious to destruction. Similarly under the hood. Bitcoin is composed or comprised of thousands of nosed around the globe running the Bitcoin software, although the number might be decreasing. Who cares? It is hard to share what we’re talking about. J.K. Rowling. It is hard to shut down because all of these nodes need to be shut down at once to derail the online currency. Stephen Saying a researcher at crypto publication of The Block focused his Harry Potter metaphore on the goal of Bitcoin, giving users freedom to do as they please. He said Remember when Dobbie was freed by a sock? Bitcoin is that sock. I mean, it just keeps going on like people kept on, like the Philosopher’s Stone and all this other stuff. Why not just explain to her what Bitcoin is in simple terms? I’m sure this woman who wrote this book 30 years ago was reading these responses and was like, what the heck is everyone even talking about? On top of that, the also other news was that Elon Musk apparently decided to also chime in and told J.K. Rowling about how amazing Bitcoin was. But is it this is a two parter. Hang in there. He said pretty much. Although massive currency issuance by government, central banks is making Bitcoin Internet ghost money looked solid by comparison. Once again, no one actually explained to J.K. Rowling what Bitcoin was. She said people are now explaining Bitcoin to me and honestly, it’s blah, blah, blah, collectibles, My Little Pony, blah, blah, blah. Computers got one of those blah, blah, blah. Crypto sounds creepy. Blah, blah, blah. Understand the risk. I don’t, though, because no one we we we make the mistake often being in the cryptocurrency space of just simply not simply easily explaining something to someone. Now, many friends I’ve had who’ve tried looking at my channel and they don’t understand the thing. I mean, first of all, the channels made for intermediate to low level advanced, like, you have to have been here for a while to really get the channels on a an introductory kind of channel. But it is that same exact thing like you. I talk to all of you as if you know what. 256 is or what the e what what proof of stake. And this is like you you get these terms. You also know what securities are. Anyone come into the channel with simply does go away though. I don’t know what of this stuff is. No one explained it to her. Everyone gave her Harry Potter references. Elon Musk is talking about Bitcoin, Internet ghost money, looking solid by comparison. Also, the two parter for that one. For those of you not looking at the screen, the title of this article is Elon Musk Drops Bitcoin Bomb on J.K. Rowling. Bitcoin is solid compared to fiat money. He never said any of those words. He said the words solid. He he referenced Bitcoin as magical ghost Internet money for those of you who’ve never heard that, that was a very big thing in 2014, 15 and 16, where people used to say that Bitcoin was magical ghost Internet money, that no one could see it, no one understood it, and therefore was his relatively unknown entity that was kind of floating around this that just simply worked. He said Bitcoin as magical ghost Internet money looks solid by comparison. He didn’t call Bitcoin solid. He did say that Bitcoin was a new world currency. He simply said by comparison, goes to money, looks solid to all the issuance by central government banks. Very weird because through multiple different articles on the Internet, they constantly made reference to the fact that Elon Musk had spoken about Bitcoin. Well, I think the third time, third or fourth time this year, and this time he used the word solid to talk about Bitcoin. He didn’t learn learn how to read English and stop trying to misconstrue things to make them sound better. The point is, this is my favorite thing. I was I was I was making some tea. I read this and I laughed for a good 20 minutes. I don’t if you heard the the optimism in my voice before I started this video is because I had had so much joy in my heart, just thinking chemo came. People in the cryptocurrency space leave now because of how insane the cryptocurrency space is and how like. The word is intense. How intense people can get because of, you know, how intense crypto Twitter is. So I just imagine J.K. Rowling sitting at home wrapped up in a blanket, like drinking some tea, just not understanding, like, what the heck are these people talking about? That’s my favorite news story. And then Elon Musk saying the word solid, which also got people riled up. I mean, why, why, why? Why is there a picture of money? Why is there a woman who has her finger nails done holding up a hundred dollar? Well, let’s start with Krypto. What’s going on? What’s going on, guys? Like what? What am I missing? Why the woods? What’s happening in this space? What what is this picture? If there was a photo of Elon Musk, I would get it. Or Elon Musk and J.K. Rowling at an event standing side by side, it would have made a bit more sense. There’s a woman wearing jeans, holding hundred dollar bills. Anyway. There’s a reason why it’s called news, I missed it. There’s a huge reason. Let us move on. And also other news, Jarrett Tate, the founder of Deji Bite, announced that he will be stepping aside from day to day operations due to the greed and rampant pillaging of the cryptocurrency industry. Tate announced his departure from the front end of the crypto space on his Twitter page on the 15th of May. After eight years in the industry, wow, he had this to say about his experiences. He said, all along the way, I have learned some very humble lessons. Number one of which is greed is the fundamental driving force in crypto and people’s actions in life, end quote. It took him eight years to learn that eight years that we all did that I knew took him eight years. Tate said he doesn’t speak for everyone involved with did you? Right. Which he proclaims that the original values of the crypto industry have disappeared. We’ve gone over that as well. The old old crypto is completely gone. Tait’s noted that all 90 percent of the people care about is cashing out. When one of their coins moons. And that’s because boys and girls for everyone listening, I wanna tell you a secret about the cryptocurrency space. Hope you’re listening. Remember these words. Ninety nine percent of the cryptocurrency market is garbage. Did you hear me? Rubbish. Terrible. No use. There’s no need for these coins and people know that in the back of their head, no matter how much you tell yourself. Listen, I’ll be out. I’ll be frank with you and I’ll even level with you. I’ll even I’ll even say that I understand you. I get why people try to pump their coins in the comment section I get while other people are fighting. I get why. So am I and I get it. I don’t agree with it. However, when people try to pump their coins, it’s because they know that they’re holding garbage and they’re doing anything that they can in their power to make sure that the prices of these coins go up so that they can moon and that they can cash out, because in the very beginning he’d heed my words. People got into some of the worst coins in the cryptocurrency space trying to make a rapid quick buck. This is why they did. These other channels are flourishing once again. I’ve I’ve I’ve never been so shocked in my entire life, honestly, on a on an average day. My videos get anywhere from 13 to 18 thousand views, give or take. They fluctuate back and forth. And I and I simply give you the news. I tell you the reality of the cryptocurrency space. I don’t sugarcoat anything. If something looks like garbage, I’m going to tell you it’s garbage. The other channels that have come out of the woodworks or have started reposting videos. These channels are getting one hundred and sixteen thousand views a day. Eighty five thousand views a day. Their channels. One of them. What was it like a couple of days ago? It was like chart shows bitcoin hitting one hundred thousand very soon. Are you in the market? All these things. Everything right now almost knocked over a picture frame. Everything just go away. Everything right now in the cryptocurrency space. Has to exclusively do with people trying to make sure that their coins are no one are hyped up, are pumped up so that the prices can go up and they can cash out. People know that they’re holding garbage. And I’m sad that it took the the founder of Deji by eight years to figure this out. And in the end in the beginning, in the long, long ago, in the beginning of the cryptocurrency space, things were not as they were right now. Things were a lot calmer than we we we had the idea of of of the whole Lambeau culture. But that also came from the greedy aspect of what is now a huge force within the cryptocurrency space. Before that, the idea was to decouple the entire world from fiat currencies. We know that Bitcoin is slow, but we know that eventually Bitcoin will get upgraded. We can do this and make sure that Bitcoin stands as the the the the the totem pole. And therefore, if everyone touches the totem pole, gains it’s knowledge, we can all move on from fiat currencies. This is when the other coins I’m in, I and I. My my brain won’t let me go through eight years of Krypto life to name all the coins, we had so many copies of Bitcoin starting to pop up and. I don’t even consider light coin to be a necessary copy like coin was created more so as as a like a literal silver literal silver to Bitcoin’s gold. It was meant to be. And then eventually it became this kind of test net, which is totally fine when you’re trying to protect the main core, as it were, for Bitcoin. What happened over the last couple of years, and I’ve mentioned this on several other occasions, the Andes, the old idea of decentralization is is is completely gone. The cryptocurrency space has allowed itself to become corrupted by not only greed, but also institutions. Remember before when institutions and Griese and Bank and all this other stuff were very bad things, and now people loud to them and praise them on a crypto Twitter. I’m so glad the JP Morgan’s getting into this. I’m so blah, blah, blah, blah, blah, blah, blah. I understand. I’m also an investor for those of you who were unaware. I’m I’m also into the into the money aspect because I want security in my life. However, the fact that this person just got to the point that I mean, it’s the same exact reason, like we we logically don’t need multiple Bitcoin. If you feel in your heart that Bitcoin, the core is too slow. You create a side chain that runs inside it and you allow these new upgrades to run on said PSI chain, you’d leave the core alone and you build on the outside to make Bitcoin stronger. The BSA vs the B cashes the B gold’s the B diamonds, the B, everything else. These are all unneeded coins and I’ll even go so far as to say did you buy it also isn’t a coin that’s needed. I keep seeing people over and over talking about how it’s just in the comment section. I know these people are trying to hype up the coin and I’m I’m not even half remotely sad that I’m being honest with all of you. It’s just really how things are. I mean, that so many coins in the space, we have no need for them. They’re never going to do anything. A lot of people bought these coins in expectations years ago that these coins were going to rocket and moon. I have a friend. I don’t think he’s watching. But if you are. When he got into the cryptocurrency space, I said, focus on a couple of coins. He went OK and bought a whole bunch of other coins, which I will not name. These coins are doing terrible. And I mean, terrible, terrible, like, bad, terrible. And all I see every single day is him trying to make sure that other people know about how great his garbage is that he bought. Eventually, when the prices go up, can you guess what he plans on doing? He plans on selling because people realizing you all of you realize and for those of you who say you don’t realize, I’m going to tell you, you’re going to realize sometime in the future, you have probably purchased garbage. You are holding onto garbage. You need to at some point get rid of that garbage. And I hope that the next cryptocurrency Bullrun, that not even if we even don’t reach previous highs, that we go five cents over the previous highs of where we were and that you have a chance to cash out and then re-evaluate your portfolio. And I mean that with the most honest words I can possibly comprise together of all the words in the English language. Total honesty. Of course, people in the cryptocurrency space are greedy. So many. Why do you think we have all these coins? Why do you think we have all these other people trying to mimic and make all these other things? You’ve seen all the other cryptocurrency changes that have shut down all the crypto startups, the AI CEOs, the SVO is and have come and gone. There was no need for these things. I told all of you years ago, I remember I had other videos I would show you Web sites, these people talking about. They had made in Bitcoin, our coin is five times faster in the Bitcoin, where the new so and so sign up for this. Do this. Make your money by this. And I’m I beat these coins won’t be around. Dude, you have no idea what you’re talking about. Modern investor, your garbage investor. No. OK. Sure. I got it. Like I said and like I say. Oh, you’ll all get it at some point. There’s a reason why the market mainly focuses on three coins. That’s not to say that there may not be eight other coins circling around those three that could potentially do well in the future. But at least five of those eight are not. The other three are going to be sitting on the sidelines. They’ll they’ll be successful companies, but people won’t be using them. I’m I’m sad that it took this man. Eighty years to figure this out, he added. It’s a primal force. I get that. But every day I see this tech being used to enrich the few at the expense of the long term. Good of the many. He said making a quick buck is not why block chain matters. It’s not at all. But the entire idea of block, chain and cryptocurrency has gone out the window. Cryptocurrency has allowed itself to become easily hyper corrupted by banks and institutions who now own the entire space. Remember, remember what I said about two years ago? I said when the people from the Nasdaq. And the New York Stock Exchange. And Fidelity and the Winklevoss and all these other people are holding thousands, tens of thousands of Bitcoin. Hundreds of thousands of Bitcoin. I think I’m pretty sure the Winklevoss hold in two thousand thirteen. They had at least two hundred thousand Bitcoin. One can only assume they probably have a lot. A lot. A lot. A lot. A lot. A lot. A lot. A lot. A lot. A lot. A lot more. When these people stay the richest people on the planet and become even richer in the future, we can’t get upset at them because we we’ve allowed them to corrupt the space. This is why I mentioned before. For those people who don’t even have a fraction of a Bitcoin in their portfolio and are never going to buy Bitcoin, I, i in in in in 20 years. We’ll have a digital virtual conference in some sort of way. And I’ll let you know, I’ll let you explain to me why you just simply did not buy Bitcoin and how great that’s going for you. Like I said, not being mean, but you have to understand, this place is just. It’s Guards’. It’s gonna be full of greed. It’s a monetary market. Wait, wait, wait. What did this person think was gonna happen by the time Bitcoin had value? This is why for those of you who didn’t do a history lesson, why Satoshi Nakamoto left the space. There were people who he trusted to kind of continue building this in the background. One of the people I think went to the US government and was going to, like, show them how great Bitcoin was. And Satoshi was like, what are you doing? The guy was going there for profit because he probably thought, I know I blew this guy, probably thought he could sell off some Bitcoin or sell off the actual infrastructure to the US government. We have the tools and the means to get away from the old system. But people don’t care. People care about the integration with the old system. And that’s why the news has become the integration with the old system. How to make the old system great. No one’s using swift while there’s a new form of swift. No one’s using so and so where there’s a new form of this. You’re a computer’s not working well. It is integrated into ours as opposed to creating our own space. But we we’ve we’ve we’ve we’ve come far too far. We now have billionaires who own Bitcoin. I’m sure they’re telling their billionaires and or mega millionaire friends to also buy a Bitcoin. These people will own all the Bitcoin in the future. Fifteen years from now, you know, like when we get those really weird, crazy, wacky price predictions of a bitcoin price in twenty, twenty eight and twenty thirty two of being multi million dollars per bitcoin. Think of in the future how many people around the world are just not simply going to hold. Because they’ve bought all these other coins. It’s insane to think about the opportunities that people had. I remember shouting from the rooftop, Buy Bitcoin, it’s two hundred dollars. No. No one listened by Bitcoin is twelve hundred dollars. Bitcoin has dropped from twenty thousand dollars. Have you accumulated Bitcoin? No Bitcoin bitcoins at three thousand five hundred. Why would I want to buy Bitcoin? OK, cool. The point is, of course, the space is full of greed. Of course, it’s a fundamental driving growth or factor or force. We live in a world. Where money rules everything around us. Have we ever heard of cream c r e m Googled the word cream money or C dot r dot e dot a dot m. And you’ll you’ll get it. I’m sure a lot of people know exactly what cream is. Anyway. Yeah. Sorry. Sorry, mister. Did you bite founder that you realized it. It took this man eight years. All these people do is create new coins in an effort to make money from them. This is why it’s also very confusing. Sometimes when you see a lot of these coins that no one’s using have market valuations in the hundreds of millions of billions of dollars. What’s that? Did they they’ve created money out of thin air and people bought it. Remember last year and the year before that, all the conferences we were talking about that were taking place in Russia and other places like that? Like I told you, my friends showed me how he sent me the Instagram stories. These people having multi hundred people conferences in Russia creating like Bitcoin do to do like it was a weird name after it. And these people, they were asking these people that they were going up to them with microphones. How much did you put into the market today? I put fifteen thousand. I think it’s gonna do really well. These coins probably didn’t even exist, these were all scams and the people who ran these scams. Are now somewhere in paradise. They now have tens of millions, hundreds of millions of dollars waiting for the time when they can make their next scam. I know people won’t listen. I know some of you will listen. But I know the vast majority, 99 percent have either clicked the way already, have left a dislike, have left a bad comment or think I’m absolutely insane. And I tell you these things because I’ve been here before. I said this in another video. I know you won’t listen at this point. It kind of is what it is. If you keep buying crappy coins in the future, you’re gonna have a crappy portfolio. Just letting you know and also being sick of the greed that’s the market now. That’s that’s just is what it is. You’ve you’ve seen the comments section. You’ve seen Krypto Twitter, you’ve seen all of it. People are very what’s the word tribalistic in the cryptocurrency space because everyone drank the Kool-Aid in a different corner. Everyone ran to a corner, drank that Kool-Aid, and now they scream at other people, you should be drinking my Kool-Aid when they know it tasted terrible. It was bitter. It was horrible. They didn’t like it. But you have to convince other people, hey, mine is mine is better. I come over to my side and the other people come over. They also taste it and go, Oh. Buy this one, buy this one, because they also bought into the madness. Well, all these coins of garbage there are there are maybe five coins that have any real purpose. And I’m not talking about any staking any delegated proof of stake, any other crappy coins like that. Very few coins are actually going to be used in the future anyway. Yeah, sorry. Did you buy it, founder? I hope you understand now that the place is just about greed and money does. Yeah. Cream anyway. Let’s move on. Next up, Metallic Budarin is in the news in a series of tweets, Imperium co-founder Vitaly Budarin gave a nod of approval to competing block chain EOS with regard to the neach they are trying to carve out. He said, if I were designing a new chain to go live along a Bitcoin, any theory theorem, I would. Oh, that’s a that’s a very bad sign. Whenever someone says those words, that means that they’re slightly planning it in the background. I would take all the political tradeoffs that Bitcoin and ether aren’t willing to take, Budarin said in a May 15th tweet, referring to, of course, Bitcoin and ether because he said BTC and Ethe listed by Coin Telegraph as a fifth most influential person in crypto really and block chain Budarin and hold significant weight in the industry, Budarin noted. Quadratic voting, based on unchanged governance and all built into cryptographic procedures, are tradeoffs of interest. He also included on chain oracles for all events. Instead of ones that simply relay price moves. Budiman also mentioned potentially adding some form of identification on the network, perhaps even an on chain model of identity, at least for participants who want to participate, participate, participate in governance. Non governing actors will still be fully anonymous, he said, although he specified constructing the feature smarter than other current platforms. He said, This is why I actually have some respect for iOS and Co.. I disagree with delegated proof of stake, but at least they are trying to develop a cohesive and principled alternative niche, he added, referring to the delegated proof of stake block chain framework. That’s also news. Yeah. Vitaly Budarin said he has some respect for iOS. The Internet ran away with it. This is not listen. So a couple of other times before, it wasn’t Budarin. But there have been other people, other big wigs, big names in the cryptocurrency space who have mentioned that if they were to create a new chain, that they would do it like this. I redis very them. The bureau has already said before in the past that at some point he plans on stepping away from Ethiopia. Theory. He said, is no time soon. But he wants it to be as decentralized as possible. He doesn’t want to have the sway and the weight that he currently holds within the cryptocurrency space. Charlie Lee has said the same thing. I guess Nakamoto said it in 2009, 2010, because he’s gone. And so have many other people who have leadership role. So it does kind of make sense. I really hope he doesn’t make a new chain because it’s just kind of like, oh, no, no, no, no. But yeah. Vitaly Budarin tipped his digital hat towards iOS four delegates, proof of stake. And that also made news because this is news that I missed. There’s usually a reason why I missed it at. John McAfee. Is in the news today. John McAfee’s goes to cryptocurrency, teasers out who and the privacy focused coin is ready for its worldwide debut. I was hoping this would happen. The millionaire entrepreneur has just informed the world, thank goodness, about his latest crypto offering called Ghost that focuses on individual privacy. The tweet featured the white paper launch for the upcoming coin. It says, Yes, money signed Ghost White Paper coming out today, 8:00 p.m. Central. No, I will say nothing in advance. Dot, dot, dot, maybe. Dot, dot, dot. I’ll put it out half an hour earlier. Dot. Or maybe not. Said John McAfee on the 15th of May. Twitter Roddie has responded with enthusiasm, really about the John McAfee ghost cryptocurrency white paper. Soon the tweet was flooded with queries and congratulations. Why? This is the third coin he’s made. John McAfee has made other coins before. Am I the only one who, like, pays attention to the day to day of the cryptocurrency space? John McAfee has made other coins before. He’s also promoted tons of crappy coins before. A lot of you have probably lost money because that because of John McAfee. John McAfee was the scam promoter in 2017. Type in John McAfee, IFCO 2017. He promoted a new coin a day, a day, not every other day, not once a week, every single day on his Twitter. John McAfee was promoting a different coin. And John McAfee had the stop because the S.E.C. was like, what? What are you doing? He was he was also getting paid. I think I think I think the rumors were the rumors were between 50 to one hundred thousand dollars per coin. And he never disclosed it. And people just thought that he actually logit had a new coin of the day. Same exact thing. There’s another crypto tuber who is the same exact way. I’m not going to say names. You know exactly who I’m talking about. He also remember 2017. This guy said it’s really weird that all these scammers are popping back up and people are following them. It’s the weirdest thing in the entire world. How many times do you have to be burned to understand that that that the oven is hot? Stop touching it. You know that these people are scammers. You know that these people. John McAfee has made multiple coins. He has promoted multiple scams before in the past. Why would any why why would why would you continue following nine? You know how many views? Ninety five thousand of uses for a scam. Remember the other day when we were talking about all those people? Who are watching those scams? If you give me one hundred X Arpey, I’ll give you back a thousand. And why why they’re so popular. What is going on in the world that people just don’t. Is it? It’s called common sense. Like what is? And I didn’t even make a joke. I was gonna make a joke, like, send me a Bitcoin, I’ll send you 10, because I know that at some point somebody would send me a Bitcoin like, hey, TMI, never send me back my ten bitcoin. Like, what do you what do you think is happening in the world? Is it is. It is. The white paper will launch at 8:00 p.m. Central Time. The public will have full access to all technical details regarding the coin. This is not his first coin. His other coins have flopped. No one won. I think it was actually like a I think it was called McAfee coin. No one’s going to use these coins. I swear to actual goodness, if anyone in this channel puts their money into this coin that no one is going to use. And you use you lose your money. Please only blame yourself. No one else. Tell your friend, tell a family member, tell your dog, stop it. Stop buying these crappy coins. There’s no there’s no there’s no point in the near future. Were any institution, any bank, any anything? Is not only going to be adding ghost to their cryptocurrency exchange, they’re not going to be custody ing ghost. And they’re not going to be buying ghost. John McAfee is releasing a new coin. If it even ends up launching the white paper as launching, if the actual coin gets off the floor. Who knows? None of you should hold this in the first place. And to finish things off, Ripple Partners, Bibi or SBI Holdings says it plans to use a Ripple’s payments technology to make it easier for people in Japan to access a.T.M. Well, that’s so nice of them. In its latest yearly fiscal reports. The financial services company says it’s working to integrate its ripple powered payments. Settlement money app, tap tap money app app money tap with eight teams runs by various banks across the country. The move could make it easier for users to access their phones at any time, regardless of bank affiliation. Wow. I mean, that’s that sounds futuristic. SBI says the project could also improve the bottom line for banks. Always important because banks are banks themselves by reducing operating costs. They said currently each bank has an atom with its own bank app, but with a common web app, these same atom may be used or jointly operated by a multi bank. Adam, that sounds interesting. It’s almost as if we didn’t need a Tam’s anymore. We simply could just use cryptocurrency. Hmm hmm. I guess not. Maybe a couple more years. SBI aims to roll out money tap to a bank consortium that’s led by SBI Ripple Asia. The consortium currently has 61 banks operating or representing about 80 percent of all bank assets in Japan. In September of last year, SBI Holdings President Yoshitaka Cartel was quoted as saying that the app, which is fully licensed by Japanese regulators, would utilize Ripple’s native cryptocurrency Zerk in the future. Wonderful. I love the idea of more a.T.M, especially when I don’t even use an A.T.M.. No one my age uses cash anymore. I don’t know if you still use cash. Everyone I know taps their cards, lives their card or just simply orders online. I guess there are tons of people who do use atoms so cool that they’re gonna be using Ripple’s payment network. For that, no explicit words on them using. I assume SERP will be used somewhere in the background because for those of you who don’t know, REPL is actually partnered with nearly every single bank in Japan. So at some point I’m ex Arpey is going to be heavily used. But for this news that was also everywhere, it kind of all over the place. S.P.I is going to be using REPL. I mean, I’m shocked. Are you? I mean, I’ve never seen the affiliation before side. I just simply did not expect this to happen. Anyway. As always, a very special thank you to my patriot and supporters, reviser Walli, from going to my university utopia. Five hundred and sixty nine, Yashar Hanadi Moonman High X Arpey, the pothead Joshua Vinyard, Martin Steuer, Tongo no low sound go low. Low no Bromo. John saucing the animal. Rita a a phobia thottam mullas Adam gracing Mohammed Ronie massive benches in Thailand. Jarrin Schneider Wyse Night Owl two hundred and forty two to the world Krypto Joe Bankroller Network Adobo Krypto artist Goldi 3D Nicholas Where on earth one peace one love Damian set soon Nick Kanigher Richie which a third Vlad the Impaler Praksis Nick Mondiale Livonia. Danny Charles Jim Garner Jeremy Fox minting coins m.a hitch test everyday and Casket’s Leg Day. Yes to Krypto but make both face any time faintness Moncks Corner staff are Medek Seventeen Bake me a cake to grow much Olisa on crypto with Lenno Prioleau Michelle you are l and hold on. I have to sneeze. Thank you all very, very much for your support. Thank you to everyone who is a subscriber of the new channel. Thank you to everyone who was a member of this channel. And thank you to everyone who has a clicker of affiliate links. SAT the momento. The cryptocurrency market looks in saying, I saw a couple of articles. First of all, Bitcoin is down currently by two point one three percent. I saw a couple of articles talking about that Bitcoin was on its way back down to seven. The Bears had taken control and therefore it was time for the market to kind of hold on. I don’t think we’re going back down to 7000. I could see a slipping slightly below nine thousand for a couple of seconds in a coordinated move to acquire more. Lower than nine thousand dollar Bitcoin. But at the moment, fundamentals look great. The fluctuations are absolutely insane. And once again, if you’ve been day trading kudo’s to you, because these movements are moneymakers, that’s not me telling you to go day. Trade is more like a if you’re already in it and you know what to do, therefore keep on doing it. Me? Yeah. The market looks crazy. Nothing. And what if the price of did you buy it went up because the founder was like, nope, I’m gone. I’m Hyperion is up by 15 percent. Wow. That’s twenty four million dollars worth of trading volume. That is. I mean, that’s more than any other coin I’ve never seen. Twenty four million per coin. I simply my mind can’t take it. I don’t know what to do with that 24 million faders up one 19 million synthetics is up on one million. Really, really strong, strong trading, trading, trading volumes right now going around. For those of you who could not hear in my voice that was sarcasm. I do hope you all enjoyed. I mean, I enjoyed the the the J.K. Rowling one. Hope you all enjoyed. Hope you all are having a great day of mourning. A great afternoon. A great evening. Wherever you are. Where ever you might be. I do hope that it was ab. So lewdly. Fantastic. Thank you all once again for watching and or listening. And I will most definitely. Certainly, hopefully probably. We’ll be talking to you all soon. See you.
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Bitcoin Future Prediction, ETH 2.0 Hype, Harry Potter Coin, DigiByte Greed & SBI Ripple ATMs
VIDEO TRANSCRIPT
Hello, everybody. We’ll go back for another video. Hope you’re all doing well and that you’re all having an incredible day. We’ll go back for another news I missed. Where I go over. News I missed. Hedge fund manager Matt D’Souza thinks patience is the key for Bitcoin holders looking to capitalize on the having. And De Souza was also the co-founder and CEO of the crypto mining operator Block, where Solutions says it’s not the time to day trade. He said, and I do quote, In 2016, Bitcoin rallied sixty seven percent into having corrected 33 percent and bottomed within three weeks, only to begin a 17 month bull market in 2020. We didn’t have a rally going into the having as we recovered losses from the global market meltdown. The fundamentals for Bitcoin have never been better. Things are typically buy the news, sell the rumor events and 20 20, I expect a shallower sell off than 2016. We already corrected by 20 percent and only one two five. Oh, there we go. One point five to three week duration, Max. Now is the time to be patient and hold, not day trade. Sorry for screaming. The big money is in the sitting. What in capturing this. People use weird phrases. Big money is in the sitting. I don’t think I’ve ever heard that in my entire English career ever. And capturing the cycle. Never heard that either, end quote. Does Susan note that the Fed is recklessly printing money which will create negative interest rates? He also says 16 percent of miners have now shut off, giving BTC a better environment to rally. And it’s not just post having developments that could create a bullish environment for crypto trader and analyst Luke Martin says Bitcoin is also currently decoupling from the stock market. And there’s his tweet right there, which probably just says what I just said. In mid-March, when Bitcoin collapsed hand-in-hand with equities, many analysts expressed doubt about the assets ability to serve as a hedge on traditional finance. But that’s no longer the case, according to Martin Shaw. There were about 15000 other price predictions that I was going to throw into the video. But I was like, no, not today. I’ll I’ll I’ll I’ll I’ll I’ll I’ll not do that. Everyone seems to be thinking the same thing. I mean, as far as hedge fund managers, crypto enthusiasts, you kind of name it, everyone’s expecting that this having will be different and therefore things will be different in the next couple of weeks. I mean, you’ve you’ve seen the news that we’ve been going over the last couple of days. Everyone has their own ideas as to what could potentially be happening in the near future with the cryptocurrency market and exactly what’s going to be happening with Bitcoin. A lot of people are expecting that Bitcoin had to go down before the having an order for it to go up later on. We have seen historically it’s only been two other ones before this one that Bitcoin tends to dip and then move on up a bit higher. But Bitcoin, as they say, has never been tested in such a manner. The other two having there wasn’t a worldwide economic crisis and governments were not printing trillions of dollars in order to kind of mitigate losses and or prop up things that should not be propped up. So, yeah, that’s absolutely wonderful that another really rich person thinks that things are going to get better with the cryptocurrency space. I said that, ironically enough, if you could hear the tone of my voice, I say things like that sometimes in the video. People like How dare you side with the banks? And it’s like, come let listen to listen to the tone of my voice and how I am. I am currently talking to see that I am being. Facetious, but. Then I’m flying anyway. That’s the Bitcoin. I mean, like like I’ve mentioned before and many other times in the past, rich people have a very strong grasp on the cryptocurrency market. They have been in the market for a while. I think they were all like literally waiting for this having to take place. They’d be like, oh, my stars. Bitcoin’s amazing. It’s because they know mathematically that stuff is going to get real very soon. And that it is kind of spreading the good word, as it were. Let’s move on. Next up, where are the words? Jeez Louise. There we go. The lackluster response following Bitcoin’s third having has left many in the cryptocurrency community scratching their heads over why the event did and trigger the next crypto market monsters rally. Not really. It’s just people who don’t understand Bitcoin is having a once every four year event is said to be bullish for the pioneer cryptocurrency as it reduces the number of new Bitcoin minted on a daily basis by slashing the rewards. Mind per block. WellPoint five six point five. You already know all hope is not lost. And you’ll see exactly where I’m going with this as well, because I’m noticing a very new trend. It says all hope is not lost with they’re having now in the rearview mirror. Investors are searching for the next catalyst that will drive the crypto markets higher, according to a top analyst. The imminent launch of a Theory M 2.0, an update that will introduce a higher transaction throughput and a new consensus model under proof of stake will make a much more profound. A fact there we go on the crypto markets than the recently completed BTC, having Ryan Watkins, an analyst for Mazari, recently explained why he thinks Ethe 2.0 will provide a much stronger effect on crypto prices. In a tweet a few days ago, Watkins noted that while the having was a pre-programmed and thus predictable Ethe 2.0 was an uncertain and fundamental change. And that’s what I just said right there. And that’s also in the tweet. The Ethe 2.0 release date has been delayed for the longest time. It’s been about 16 years now. That was also a joke, mostly due to the extreme techno tatlock teeny tiny technicality. Wow of the project Ethe Dewpoint. Those launch was initially slated for the 30th of July because we all we all saw that date mentioned before. However, Metallic Budarin recently posted, hoisted posted that the date could be pushed further to an undisclosed date in quarter three of twenty. Now keep that date in mind as well, you know, and explain in a tweet on Friday why the delay is necessary rather than rushing to launch Ethe 2.0 for those of you who did not see. He said pretty much he thinks it should be slow and steady and he doesn’t want to make any mistakes. He said, What do we do now? Will echo through crypto history for the next couple of decades. And therefore he wants to make sure the E Theorem 2.0 is perfect, perfect instead of slightly perfect before it gets released. That was his explanation. So we don’t even have to go over all of that. If you look at the title of the article, it says, Why upcoming Ethe 2.0 could propel a bigger extended market rally? This one says, In theory, I’m decouples from Bitcoin as having pressure sets in. This one says Alt coins like a theory may soon benefit from institutions rushing to buy Bitcoin. And this one says Imperium 2.0, is what could bring a major turnaround for Ethe to the U.S. dollar. I woke up today finding thousands, not thousands, like 15 articles I’m all talking about. Theorem. For some reason with B having behind this and this is why I mentioned before. Don’t assume that simply people who are not within the cryptocurrency space don’t understand what Bitcoin having actually represent and how significant they are to the cryptocurrency space and also to the price of Bitcoin, to the actual issuance rate of crypto currencies in general. As we move into a more deflationary cryptocurrency world, a lot of different websites started poking their head out just exclusively talking about a theory about how amazing it theorem is. Not saying that a theorem is not amazing, awesome, cool, funky, fly fresh, however, just seems a little bit weird that all the attention has seemingly moves to Aegerion Cerium 2.0 now. And I assume of the next couple of weeks we are going to be bombarded with a theorem is amazing articles until and I say this probably around the time we end up hitting Ethereum 2.0. I’m aiming for August, September of 2022. That was also a joke. Lot of jokes today around this year, probably August. September is when this will probably phase zero us in the face. Then at that point, I assume some other type of news will have come about for some other coin, who is also going to have a having a doubling a for thing or something else will come out and they’ll kind of take all of the attention. And then when he Theorem 2.0 does get released and the price doesn’t skyrocket by thirteen thousand percent. Like many people, I assume, are assuming it’s going to happen. We’ll start to get articles the same exact way. Why isn’t Bitcoin going up? Why is any theory I’m going of? Why is it like coin going up? We see them over and over and over. I find it weird, isn’t it? I don’t wanna say that there’s no loyalty within the cryptocurrency space, but you kind of get what I’m saying. It’s kind of odd. I don’t know if these were always I love you theory and Web sites or simply now they are poking their heads out up, showing their true colors once again. There does not have to be one coin that rules them all. A lot of people think so. I think a market rally could come from any direction. I don’t think it’ll exclusively be Bitcoin that causes everything to skyrocket into the bazillions. It could be someone who wins the lotto and they’re like, I got an extra 14 million. Let’s buy up this coin. It could be a million. And one things. However. It appears that analysts are even more bullish than before on a theorem. I think it’s perfectly natural to be OK with your theory M 2.0 or be excited about it, especially when we talk about the issuance rate in this taking and then all the other stuff that we don’t have to go over again. It was kind of weird that there were so many different websites out there who were all talking and discussing about how amazing each theorem was around the same exact time. Are also more of these. I just I just chose these four because they had the nicest colors. Anyway. Probably my my most. Favorite. News story in a while. For those of you not looking at the screen, even the title, even the title gets me. It says that J.K. Rowling asks about Bitcoin accursed crypto Twitter scares her off. Jake, J.K. Rowling probably wasn’t expecting to unleash the Bitcoin community’s pent up passion and imagination when she tweeted two sentences asking about Bitcoin. But the author of Harry Potter series did. Responding to a tweet from Quoin Desk, senior reporter Ly Kyun Rowland tweeted, and I quote, I don’t understand Bitcoin. Please explain it to me in just two hours. Her tweet had spawned thirteen hundred replies. It took less than three hours for her to follow up with. I don’t think I trust this is weird. The reason I’m laughing is because if you’ve been into crypto for over two years, I. I give you even a year and a half. You know how intense this space can be. If you scream out, Bitcoin is garbage, Bikash is the true Bitcoin. You’re going to get some really strong responses if you send out a message. SRP is better than Bitcoin and like coin proved me wrong. You’re gonna get responses back. So all I could imagine when I read the title. Was at people to simply bombarded her with so many things, tearing her down and then to even read to her say, I don’t think I trust this because you you know how people are within the cryptocurrency space. So I think if I was if it was my first day in crypto and I and I wrote on Anthony possibly on his page, I don’t understand Bitcoin. Please explain it to me. And I got thirteen hundred responses and I’m going to read out some of their responses as well. I think I would also probably not even think of trusting Bitcoin lurking below the Twitter surface. Is a massive community of people who tweet about almost nothing except bitcoin and crypto day in and day out. That is the honest truth. Dying to use their netsch knowhow for the good of the world. Rowling accidentally tapped into it and attempts to speak Rowlings language. It gets better, I promise. Many started comparing Bitcoin to the wizarding world from her books. Someone said, remember how he he who must not be named, play seven Hawe cruxes and different objects around the world in an attempt to immortalize himself so that no one, not even the Ministry of Magic, could stop him. Someone said that he who must not be named or Lord Voldemort thought it would be unlikely that anyone could find all seven Halk cruxes making him impervious to destruction. Similarly under the hood. Bitcoin is composed or comprised of thousands of nosed around the globe running the Bitcoin software, although the number might be decreasing. Who cares? It is hard to share what we’re talking about. J.K. Rowling. It is hard to shut down because all of these nodes need to be shut down at once to derail the online currency. Stephen Saying a researcher at crypto publication of The Block focused his Harry Potter metaphore on the goal of Bitcoin, giving users freedom to do as they please. He said Remember when Dobbie was freed by a sock? Bitcoin is that sock. I mean, it just keeps going on like people kept on, like the Philosopher’s Stone and all this other stuff. Why not just explain to her what Bitcoin is in simple terms? I’m sure this woman who wrote this book 30 years ago was reading these responses and was like, what the heck is everyone even talking about? On top of that, the also other news was that Elon Musk apparently decided to also chime in and told J.K. Rowling about how amazing Bitcoin was. But is it this is a two parter. Hang in there. He said pretty much. Although massive currency issuance by government, central banks is making Bitcoin Internet ghost money looked solid by comparison. Once again, no one actually explained to J.K. Rowling what Bitcoin was. She said people are now explaining Bitcoin to me and honestly, it’s blah, blah, blah, collectibles, My Little Pony, blah, blah, blah. Computers got one of those blah, blah, blah. Crypto sounds creepy. Blah, blah, blah. Understand the risk. I don’t, though, because no one we we we make the mistake often being in the cryptocurrency space of just simply not simply easily explaining something to someone. Now, many friends I’ve had who’ve tried looking at my channel and they don’t understand the thing. I mean, first of all, the channels made for intermediate to low level advanced, like, you have to have been here for a while to really get the channels on a an introductory kind of channel. But it is that same exact thing like you. I talk to all of you as if you know what. 256 is or what the e what what proof of stake. And this is like you you get these terms. You also know what securities are. Anyone come into the channel with simply does go away though. I don’t know what of this stuff is. No one explained it to her. Everyone gave her Harry Potter references. Elon Musk is talking about Bitcoin, Internet ghost money, looking solid by comparison. Also, the two parter for that one. For those of you not looking at the screen, the title of this article is Elon Musk Drops Bitcoin Bomb on J.K. Rowling. Bitcoin is solid compared to fiat money. He never said any of those words. He said the words solid. He he referenced Bitcoin as magical ghost Internet money for those of you who’ve never heard that, that was a very big thing in 2014, 15 and 16, where people used to say that Bitcoin was magical ghost Internet money, that no one could see it, no one understood it, and therefore was his relatively unknown entity that was kind of floating around this that just simply worked. He said Bitcoin as magical ghost Internet money looks solid by comparison. He didn’t call Bitcoin solid. He did say that Bitcoin was a new world currency. He simply said by comparison, goes to money, looks solid to all the issuance by central government banks. Very weird because through multiple different articles on the Internet, they constantly made reference to the fact that Elon Musk had spoken about Bitcoin. Well, I think the third time, third or fourth time this year, and this time he used the word solid to talk about Bitcoin. He didn’t learn learn how to read English and stop trying to misconstrue things to make them sound better. The point is, this is my favorite thing. I was I was I was making some tea. I read this and I laughed for a good 20 minutes. I don’t if you heard the the optimism in my voice before I started this video is because I had had so much joy in my heart, just thinking chemo came. People in the cryptocurrency space leave now because of how insane the cryptocurrency space is and how like. The word is intense. How intense people can get because of, you know, how intense crypto Twitter is. So I just imagine J.K. Rowling sitting at home wrapped up in a blanket, like drinking some tea, just not understanding, like, what the heck are these people talking about? That’s my favorite news story. And then Elon Musk saying the word solid, which also got people riled up. I mean, why, why, why? Why is there a picture of money? Why is there a woman who has her finger nails done holding up a hundred dollar? Well, let’s start with Krypto. What’s going on? What’s going on, guys? Like what? What am I missing? Why the woods? What’s happening in this space? What what is this picture? If there was a photo of Elon Musk, I would get it. Or Elon Musk and J.K. Rowling at an event standing side by side, it would have made a bit more sense. There’s a woman wearing jeans, holding hundred dollar bills. Anyway. There’s a reason why it’s called news, I missed it. There’s a huge reason. Let us move on. And also other news, Jarrett Tate, the founder of Deji Bite, announced that he will be stepping aside from day to day operations due to the greed and rampant pillaging of the cryptocurrency industry. Tate announced his departure from the front end of the crypto space on his Twitter page on the 15th of May. After eight years in the industry, wow, he had this to say about his experiences. He said, all along the way, I have learned some very humble lessons. Number one of which is greed is the fundamental driving force in crypto and people’s actions in life, end quote. It took him eight years to learn that eight years that we all did that I knew took him eight years. Tate said he doesn’t speak for everyone involved with did you? Right. Which he proclaims that the original values of the crypto industry have disappeared. We’ve gone over that as well. The old old crypto is completely gone. Tait’s noted that all 90 percent of the people care about is cashing out. When one of their coins moons. And that’s because boys and girls for everyone listening, I wanna tell you a secret about the cryptocurrency space. Hope you’re listening. Remember these words. Ninety nine percent of the cryptocurrency market is garbage. Did you hear me? Rubbish. Terrible. No use. There’s no need for these coins and people know that in the back of their head, no matter how much you tell yourself. Listen, I’ll be out. I’ll be frank with you and I’ll even level with you. I’ll even I’ll even say that I understand you. I get why people try to pump their coins in the comment section I get while other people are fighting. I get why. So am I and I get it. I don’t agree with it. However, when people try to pump their coins, it’s because they know that they’re holding garbage and they’re doing anything that they can in their power to make sure that the prices of these coins go up so that they can moon and that they can cash out, because in the very beginning he’d heed my words. People got into some of the worst coins in the cryptocurrency space trying to make a rapid quick buck. This is why they did. These other channels are flourishing once again. I’ve I’ve I’ve never been so shocked in my entire life, honestly, on a on an average day. My videos get anywhere from 13 to 18 thousand views, give or take. They fluctuate back and forth. And I and I simply give you the news. I tell you the reality of the cryptocurrency space. I don’t sugarcoat anything. If something looks like garbage, I’m going to tell you it’s garbage. The other channels that have come out of the woodworks or have started reposting videos. These channels are getting one hundred and sixteen thousand views a day. Eighty five thousand views a day. Their channels. One of them. What was it like a couple of days ago? It was like chart shows bitcoin hitting one hundred thousand very soon. Are you in the market? All these things. Everything right now almost knocked over a picture frame. Everything just go away. Everything right now in the cryptocurrency space. Has to exclusively do with people trying to make sure that their coins are no one are hyped up, are pumped up so that the prices can go up and they can cash out. People know that they’re holding garbage. And I’m sad that it took the the founder of Deji by eight years to figure this out. And in the end in the beginning, in the long, long ago, in the beginning of the cryptocurrency space, things were not as they were right now. Things were a lot calmer than we we we had the idea of of of the whole Lambeau culture. But that also came from the greedy aspect of what is now a huge force within the cryptocurrency space. Before that, the idea was to decouple the entire world from fiat currencies. We know that Bitcoin is slow, but we know that eventually Bitcoin will get upgraded. We can do this and make sure that Bitcoin stands as the the the the the totem pole. And therefore, if everyone touches the totem pole, gains it’s knowledge, we can all move on from fiat currencies. This is when the other coins I’m in, I and I. My my brain won’t let me go through eight years of Krypto life to name all the coins, we had so many copies of Bitcoin starting to pop up and. I don’t even consider light coin to be a necessary copy like coin was created more so as as a like a literal silver literal silver to Bitcoin’s gold. It was meant to be. And then eventually it became this kind of test net, which is totally fine when you’re trying to protect the main core, as it were, for Bitcoin. What happened over the last couple of years, and I’ve mentioned this on several other occasions, the Andes, the old idea of decentralization is is is completely gone. The cryptocurrency space has allowed itself to become corrupted by not only greed, but also institutions. Remember before when institutions and Griese and Bank and all this other stuff were very bad things, and now people loud to them and praise them on a crypto Twitter. I’m so glad the JP Morgan’s getting into this. I’m so blah, blah, blah, blah, blah, blah, blah. I understand. I’m also an investor for those of you who were unaware. I’m I’m also into the into the money aspect because I want security in my life. However, the fact that this person just got to the point that I mean, it’s the same exact reason, like we we logically don’t need multiple Bitcoin. If you feel in your heart that Bitcoin, the core is too slow. You create a side chain that runs inside it and you allow these new upgrades to run on said PSI chain, you’d leave the core alone and you build on the outside to make Bitcoin stronger. The BSA vs the B cashes the B gold’s the B diamonds, the B, everything else. These are all unneeded coins and I’ll even go so far as to say did you buy it also isn’t a coin that’s needed. I keep seeing people over and over talking about how it’s just in the comment section. I know these people are trying to hype up the coin and I’m I’m not even half remotely sad that I’m being honest with all of you. It’s just really how things are. I mean, that so many coins in the space, we have no need for them. They’re never going to do anything. A lot of people bought these coins in expectations years ago that these coins were going to rocket and moon. I have a friend. I don’t think he’s watching. But if you are. When he got into the cryptocurrency space, I said, focus on a couple of coins. He went OK and bought a whole bunch of other coins, which I will not name. These coins are doing terrible. And I mean, terrible, terrible, like, bad, terrible. And all I see every single day is him trying to make sure that other people know about how great his garbage is that he bought. Eventually, when the prices go up, can you guess what he plans on doing? He plans on selling because people realizing you all of you realize and for those of you who say you don’t realize, I’m going to tell you, you’re going to realize sometime in the future, you have probably purchased garbage. You are holding onto garbage. You need to at some point get rid of that garbage. And I hope that the next cryptocurrency Bullrun, that not even if we even don’t reach previous highs, that we go five cents over the previous highs of where we were and that you have a chance to cash out and then re-evaluate your portfolio. And I mean that with the most honest words I can possibly comprise together of all the words in the English language. Total honesty. Of course, people in the cryptocurrency space are greedy. So many. Why do you think we have all these coins? Why do you think we have all these other people trying to mimic and make all these other things? You’ve seen all the other cryptocurrency changes that have shut down all the crypto startups, the AI CEOs, the SVO is and have come and gone. There was no need for these things. I told all of you years ago, I remember I had other videos I would show you Web sites, these people talking about. They had made in Bitcoin, our coin is five times faster in the Bitcoin, where the new so and so sign up for this. Do this. Make your money by this. And I’m I beat these coins won’t be around. Dude, you have no idea what you’re talking about. Modern investor, your garbage investor. No. OK. Sure. I got it. Like I said and like I say. Oh, you’ll all get it at some point. There’s a reason why the market mainly focuses on three coins. That’s not to say that there may not be eight other coins circling around those three that could potentially do well in the future. But at least five of those eight are not. The other three are going to be sitting on the sidelines. They’ll they’ll be successful companies, but people won’t be using them. I’m I’m sad that it took this man. Eighty years to figure this out, he added. It’s a primal force. I get that. But every day I see this tech being used to enrich the few at the expense of the long term. Good of the many. He said making a quick buck is not why block chain matters. It’s not at all. But the entire idea of block, chain and cryptocurrency has gone out the window. Cryptocurrency has allowed itself to become easily hyper corrupted by banks and institutions who now own the entire space. Remember, remember what I said about two years ago? I said when the people from the Nasdaq. And the New York Stock Exchange. And Fidelity and the Winklevoss and all these other people are holding thousands, tens of thousands of Bitcoin. Hundreds of thousands of Bitcoin. I think I’m pretty sure the Winklevoss hold in two thousand thirteen. They had at least two hundred thousand Bitcoin. One can only assume they probably have a lot. A lot. A lot. A lot. A lot. A lot. A lot. A lot. A lot. A lot. A lot more. When these people stay the richest people on the planet and become even richer in the future, we can’t get upset at them because we we’ve allowed them to corrupt the space. This is why I mentioned before. For those people who don’t even have a fraction of a Bitcoin in their portfolio and are never going to buy Bitcoin, I, i in in in in 20 years. We’ll have a digital virtual conference in some sort of way. And I’ll let you know, I’ll let you explain to me why you just simply did not buy Bitcoin and how great that’s going for you. Like I said, not being mean, but you have to understand, this place is just. It’s Guards’. It’s gonna be full of greed. It’s a monetary market. Wait, wait, wait. What did this person think was gonna happen by the time Bitcoin had value? This is why for those of you who didn’t do a history lesson, why Satoshi Nakamoto left the space. There were people who he trusted to kind of continue building this in the background. One of the people I think went to the US government and was going to, like, show them how great Bitcoin was. And Satoshi was like, what are you doing? The guy was going there for profit because he probably thought, I know I blew this guy, probably thought he could sell off some Bitcoin or sell off the actual infrastructure to the US government. We have the tools and the means to get away from the old system. But people don’t care. People care about the integration with the old system. And that’s why the news has become the integration with the old system. How to make the old system great. No one’s using swift while there’s a new form of swift. No one’s using so and so where there’s a new form of this. You’re a computer’s not working well. It is integrated into ours as opposed to creating our own space. But we we’ve we’ve we’ve we’ve come far too far. We now have billionaires who own Bitcoin. I’m sure they’re telling their billionaires and or mega millionaire friends to also buy a Bitcoin. These people will own all the Bitcoin in the future. Fifteen years from now, you know, like when we get those really weird, crazy, wacky price predictions of a bitcoin price in twenty, twenty eight and twenty thirty two of being multi million dollars per bitcoin. Think of in the future how many people around the world are just not simply going to hold. Because they’ve bought all these other coins. It’s insane to think about the opportunities that people had. I remember shouting from the rooftop, Buy Bitcoin, it’s two hundred dollars. No. No one listened by Bitcoin is twelve hundred dollars. Bitcoin has dropped from twenty thousand dollars. Have you accumulated Bitcoin? No Bitcoin bitcoins at three thousand five hundred. Why would I want to buy Bitcoin? OK, cool. The point is, of course, the space is full of greed. Of course, it’s a fundamental driving growth or factor or force. We live in a world. Where money rules everything around us. Have we ever heard of cream c r e m Googled the word cream money or C dot r dot e dot a dot m. And you’ll you’ll get it. I’m sure a lot of people know exactly what cream is. Anyway. Yeah. Sorry. Sorry, mister. Did you bite founder that you realized it. It took this man eight years. All these people do is create new coins in an effort to make money from them. This is why it’s also very confusing. Sometimes when you see a lot of these coins that no one’s using have market valuations in the hundreds of millions of billions of dollars. What’s that? Did they they’ve created money out of thin air and people bought it. Remember last year and the year before that, all the conferences we were talking about that were taking place in Russia and other places like that? Like I told you, my friends showed me how he sent me the Instagram stories. These people having multi hundred people conferences in Russia creating like Bitcoin do to do like it was a weird name after it. And these people, they were asking these people that they were going up to them with microphones. How much did you put into the market today? I put fifteen thousand. I think it’s gonna do really well. These coins probably didn’t even exist, these were all scams and the people who ran these scams. Are now somewhere in paradise. They now have tens of millions, hundreds of millions of dollars waiting for the time when they can make their next scam. I know people won’t listen. I know some of you will listen. But I know the vast majority, 99 percent have either clicked the way already, have left a dislike, have left a bad comment or think I’m absolutely insane. And I tell you these things because I’ve been here before. I said this in another video. I know you won’t listen at this point. It kind of is what it is. If you keep buying crappy coins in the future, you’re gonna have a crappy portfolio. Just letting you know and also being sick of the greed that’s the market now. That’s that’s just is what it is. You’ve you’ve seen the comments section. You’ve seen Krypto Twitter, you’ve seen all of it. People are very what’s the word tribalistic in the cryptocurrency space because everyone drank the Kool-Aid in a different corner. Everyone ran to a corner, drank that Kool-Aid, and now they scream at other people, you should be drinking my Kool-Aid when they know it tasted terrible. It was bitter. It was horrible. They didn’t like it. But you have to convince other people, hey, mine is mine is better. I come over to my side and the other people come over. They also taste it and go, Oh. Buy this one, buy this one, because they also bought into the madness. Well, all these coins of garbage there are there are maybe five coins that have any real purpose. And I’m not talking about any staking any delegated proof of stake, any other crappy coins like that. Very few coins are actually going to be used in the future anyway. Yeah, sorry. Did you buy it, founder? I hope you understand now that the place is just about greed and money does. Yeah. Cream anyway. Let’s move on. Next up, Metallic Budarin is in the news in a series of tweets, Imperium co-founder Vitaly Budarin gave a nod of approval to competing block chain EOS with regard to the neach they are trying to carve out. He said, if I were designing a new chain to go live along a Bitcoin, any theory theorem, I would. Oh, that’s a that’s a very bad sign. Whenever someone says those words, that means that they’re slightly planning it in the background. I would take all the political tradeoffs that Bitcoin and ether aren’t willing to take, Budarin said in a May 15th tweet, referring to, of course, Bitcoin and ether because he said BTC and Ethe listed by Coin Telegraph as a fifth most influential person in crypto really and block chain Budarin and hold significant weight in the industry, Budarin noted. Quadratic voting, based on unchanged governance and all built into cryptographic procedures, are tradeoffs of interest. He also included on chain oracles for all events. Instead of ones that simply relay price moves. Budiman also mentioned potentially adding some form of identification on the network, perhaps even an on chain model of identity, at least for participants who want to participate, participate, participate in governance. Non governing actors will still be fully anonymous, he said, although he specified constructing the feature smarter than other current platforms. He said, This is why I actually have some respect for iOS and Co.. I disagree with delegated proof of stake, but at least they are trying to develop a cohesive and principled alternative niche, he added, referring to the delegated proof of stake block chain framework. That’s also news. Yeah. Vitaly Budarin said he has some respect for iOS. The Internet ran away with it. This is not listen. So a couple of other times before, it wasn’t Budarin. But there have been other people, other big wigs, big names in the cryptocurrency space who have mentioned that if they were to create a new chain, that they would do it like this. I redis very them. The bureau has already said before in the past that at some point he plans on stepping away from Ethiopia. Theory. He said, is no time soon. But he wants it to be as decentralized as possible. He doesn’t want to have the sway and the weight that he currently holds within the cryptocurrency space. Charlie Lee has said the same thing. I guess Nakamoto said it in 2009, 2010, because he’s gone. And so have many other people who have leadership role. So it does kind of make sense. I really hope he doesn’t make a new chain because it’s just kind of like, oh, no, no, no, no. But yeah. Vitaly Budarin tipped his digital hat towards iOS four delegates, proof of stake. And that also made news because this is news that I missed. There’s usually a reason why I missed it at. John McAfee. Is in the news today. John McAfee’s goes to cryptocurrency, teasers out who and the privacy focused coin is ready for its worldwide debut. I was hoping this would happen. The millionaire entrepreneur has just informed the world, thank goodness, about his latest crypto offering called Ghost that focuses on individual privacy. The tweet featured the white paper launch for the upcoming coin. It says, Yes, money signed Ghost White Paper coming out today, 8:00 p.m. Central. No, I will say nothing in advance. Dot, dot, dot, maybe. Dot, dot, dot. I’ll put it out half an hour earlier. Dot. Or maybe not. Said John McAfee on the 15th of May. Twitter Roddie has responded with enthusiasm, really about the John McAfee ghost cryptocurrency white paper. Soon the tweet was flooded with queries and congratulations. Why? This is the third coin he’s made. John McAfee has made other coins before. Am I the only one who, like, pays attention to the day to day of the cryptocurrency space? John McAfee has made other coins before. He’s also promoted tons of crappy coins before. A lot of you have probably lost money because that because of John McAfee. John McAfee was the scam promoter in 2017. Type in John McAfee, IFCO 2017. He promoted a new coin a day, a day, not every other day, not once a week, every single day on his Twitter. John McAfee was promoting a different coin. And John McAfee had the stop because the S.E.C. was like, what? What are you doing? He was he was also getting paid. I think I think I think the rumors were the rumors were between 50 to one hundred thousand dollars per coin. And he never disclosed it. And people just thought that he actually logit had a new coin of the day. Same exact thing. There’s another crypto tuber who is the same exact way. I’m not going to say names. You know exactly who I’m talking about. He also remember 2017. This guy said it’s really weird that all these scammers are popping back up and people are following them. It’s the weirdest thing in the entire world. How many times do you have to be burned to understand that that that the oven is hot? Stop touching it. You know that these people are scammers. You know that these people. John McAfee has made multiple coins. He has promoted multiple scams before in the past. Why would any why why would why would you continue following nine? You know how many views? Ninety five thousand of uses for a scam. Remember the other day when we were talking about all those people? Who are watching those scams? If you give me one hundred X Arpey, I’ll give you back a thousand. And why why they’re so popular. What is going on in the world that people just don’t. Is it? It’s called common sense. Like what is? And I didn’t even make a joke. I was gonna make a joke, like, send me a Bitcoin, I’ll send you 10, because I know that at some point somebody would send me a Bitcoin like, hey, TMI, never send me back my ten bitcoin. Like, what do you what do you think is happening in the world? Is it is. It is. The white paper will launch at 8:00 p.m. Central Time. The public will have full access to all technical details regarding the coin. This is not his first coin. His other coins have flopped. No one won. I think it was actually like a I think it was called McAfee coin. No one’s going to use these coins. I swear to actual goodness, if anyone in this channel puts their money into this coin that no one is going to use. And you use you lose your money. Please only blame yourself. No one else. Tell your friend, tell a family member, tell your dog, stop it. Stop buying these crappy coins. There’s no there’s no there’s no point in the near future. Were any institution, any bank, any anything? Is not only going to be adding ghost to their cryptocurrency exchange, they’re not going to be custody ing ghost. And they’re not going to be buying ghost. John McAfee is releasing a new coin. If it even ends up launching the white paper as launching, if the actual coin gets off the floor. Who knows? None of you should hold this in the first place. And to finish things off, Ripple Partners, Bibi or SBI Holdings says it plans to use a Ripple’s payments technology to make it easier for people in Japan to access a.T.M. Well, that’s so nice of them. In its latest yearly fiscal reports. The financial services company says it’s working to integrate its ripple powered payments. Settlement money app, tap tap money app app money tap with eight teams runs by various banks across the country. The move could make it easier for users to access their phones at any time, regardless of bank affiliation. Wow. I mean, that’s that sounds futuristic. SBI says the project could also improve the bottom line for banks. Always important because banks are banks themselves by reducing operating costs. They said currently each bank has an atom with its own bank app, but with a common web app, these same atom may be used or jointly operated by a multi bank. Adam, that sounds interesting. It’s almost as if we didn’t need a Tam’s anymore. We simply could just use cryptocurrency. Hmm hmm. I guess not. Maybe a couple more years. SBI aims to roll out money tap to a bank consortium that’s led by SBI Ripple Asia. The consortium currently has 61 banks operating or representing about 80 percent of all bank assets in Japan. In September of last year, SBI Holdings President Yoshitaka Cartel was quoted as saying that the app, which is fully licensed by Japanese regulators, would utilize Ripple’s native cryptocurrency Zerk in the future. Wonderful. I love the idea of more a.T.M, especially when I don’t even use an A.T.M.. No one my age uses cash anymore. I don’t know if you still use cash. Everyone I know taps their cards, lives their card or just simply orders online. I guess there are tons of people who do use atoms so cool that they’re gonna be using Ripple’s payment network. For that, no explicit words on them using. I assume SERP will be used somewhere in the background because for those of you who don’t know, REPL is actually partnered with nearly every single bank in Japan. So at some point I’m ex Arpey is going to be heavily used. But for this news that was also everywhere, it kind of all over the place. S.P.I is going to be using REPL. I mean, I’m shocked. Are you? I mean, I’ve never seen the affiliation before side. I just simply did not expect this to happen. Anyway. As always, a very special thank you to my patriot and supporters, reviser Walli, from going to my university utopia. Five hundred and sixty nine, Yashar Hanadi Moonman High X Arpey, the pothead Joshua Vinyard, Martin Steuer, Tongo no low sound go low. Low no Bromo. John saucing the animal. Rita a a phobia thottam mullas Adam gracing Mohammed Ronie massive benches in Thailand. Jarrin Schneider Wyse Night Owl two hundred and forty two to the world Krypto Joe Bankroller Network Adobo Krypto artist Goldi 3D Nicholas Where on earth one peace one love Damian set soon Nick Kanigher Richie which a third Vlad the Impaler Praksis Nick Mondiale Livonia. Danny Charles Jim Garner Jeremy Fox minting coins m.a hitch test everyday and Casket’s Leg Day. Yes to Krypto but make both face any time faintness Moncks Corner staff are Medek Seventeen Bake me a cake to grow much Olisa on crypto with Lenno Prioleau Michelle you are l and hold on. I have to sneeze. Thank you all very, very much for your support. Thank you to everyone who is a subscriber of the new channel. Thank you to everyone who was a member of this channel. And thank you to everyone who has a clicker of affiliate links. SAT the momento. The cryptocurrency market looks in saying, I saw a couple of articles. First of all, Bitcoin is down currently by two point one three percent. I saw a couple of articles talking about that Bitcoin was on its way back down to seven. The Bears had taken control and therefore it was time for the market to kind of hold on. I don’t think we’re going back down to 7000. I could see a slipping slightly below nine thousand for a couple of seconds in a coordinated move to acquire more. Lower than nine thousand dollar Bitcoin. But at the moment, fundamentals look great. The fluctuations are absolutely insane. And once again, if you’ve been day trading kudo’s to you, because these movements are moneymakers, that’s not me telling you to go day. Trade is more like a if you’re already in it and you know what to do, therefore keep on doing it. Me? Yeah. The market looks crazy. Nothing. And what if the price of did you buy it went up because the founder was like, nope, I’m gone. I’m Hyperion is up by 15 percent. Wow. That’s twenty four million dollars worth of trading volume. That is. I mean, that’s more than any other coin I’ve never seen. Twenty four million per coin. I simply my mind can’t take it. I don’t know what to do with that 24 million faders up one 19 million synthetics is up on one million. Really, really strong, strong trading, trading, trading volumes right now going around. For those of you who could not hear in my voice that was sarcasm. I do hope you all enjoyed. I mean, I enjoyed the the the J.K. Rowling one. Hope you all enjoyed. Hope you all are having a great day of mourning. A great afternoon. A great evening. Wherever you are. Where ever you might be. I do hope that it was ab. So lewdly. Fantastic. Thank you all once again for watching and or listening. And I will most definitely. Certainly, hopefully probably. We’ll be talking to you all soon. See you.
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Bitcoin Future Prediction, ETH 2.0 Hype, Harry Potter Coin, DigiByte Greed & SBI Ripple ATMs
VIDEO TRANSCRIPT
Hello, everybody. We’ll go back for another video. Hope you’re all doing well and that you’re all having an incredible day. We’ll go back for another news I missed. Where I go over. News I missed. Hedge fund manager Matt D’Souza thinks patience is the key for Bitcoin holders looking to capitalize on the having. And De Souza was also the co-founder and CEO of the crypto mining operator Block, where Solutions says it’s not the time to day trade. He said, and I do quote, In 2016, Bitcoin rallied sixty seven percent into having corrected 33 percent and bottomed within three weeks, only to begin a 17 month bull market in 2020. We didn’t have a rally going into the having as we recovered losses from the global market meltdown. The fundamentals for Bitcoin have never been better. Things are typically buy the news, sell the rumor events and 20 20, I expect a shallower sell off than 2016. We already corrected by 20 percent and only one two five. Oh, there we go. One point five to three week duration, Max. Now is the time to be patient and hold, not day trade. Sorry for screaming. The big money is in the sitting. What in capturing this. People use weird phrases. Big money is in the sitting. I don’t think I’ve ever heard that in my entire English career ever. And capturing the cycle. Never heard that either, end quote. Does Susan note that the Fed is recklessly printing money which will create negative interest rates? He also says 16 percent of miners have now shut off, giving BTC a better environment to rally. And it’s not just post having developments that could create a bullish environment for crypto trader and analyst Luke Martin says Bitcoin is also currently decoupling from the stock market. And there’s his tweet right there, which probably just says what I just said. In mid-March, when Bitcoin collapsed hand-in-hand with equities, many analysts expressed doubt about the assets ability to serve as a hedge on traditional finance. But that’s no longer the case, according to Martin Shaw. There were about 15000 other price predictions that I was going to throw into the video. But I was like, no, not today. I’ll I’ll I’ll I’ll I’ll I’ll I’ll not do that. Everyone seems to be thinking the same thing. I mean, as far as hedge fund managers, crypto enthusiasts, you kind of name it, everyone’s expecting that this having will be different and therefore things will be different in the next couple of weeks. I mean, you’ve you’ve seen the news that we’ve been going over the last couple of days. Everyone has their own ideas as to what could potentially be happening in the near future with the cryptocurrency market and exactly what’s going to be happening with Bitcoin. A lot of people are expecting that Bitcoin had to go down before the having an order for it to go up later on. We have seen historically it’s only been two other ones before this one that Bitcoin tends to dip and then move on up a bit higher. But Bitcoin, as they say, has never been tested in such a manner. The other two having there wasn’t a worldwide economic crisis and governments were not printing trillions of dollars in order to kind of mitigate losses and or prop up things that should not be propped up. So, yeah, that’s absolutely wonderful that another really rich person thinks that things are going to get better with the cryptocurrency space. I said that, ironically enough, if you could hear the tone of my voice, I say things like that sometimes in the video. People like How dare you side with the banks? And it’s like, come let listen to listen to the tone of my voice and how I am. I am currently talking to see that I am being. Facetious, but. Then I’m flying anyway. That’s the Bitcoin. I mean, like like I’ve mentioned before and many other times in the past, rich people have a very strong grasp on the cryptocurrency market. They have been in the market for a while. I think they were all like literally waiting for this having to take place. They’d be like, oh, my stars. Bitcoin’s amazing. It’s because they know mathematically that stuff is going to get real very soon. And that it is kind of spreading the good word, as it were. Let’s move on. Next up, where are the words? Jeez Louise. There we go. The lackluster response following Bitcoin’s third having has left many in the cryptocurrency community scratching their heads over why the event did and trigger the next crypto market monsters rally. Not really. It’s just people who don’t understand Bitcoin is having a once every four year event is said to be bullish for the pioneer cryptocurrency as it reduces the number of new Bitcoin minted on a daily basis by slashing the rewards. Mind per block. WellPoint five six point five. You already know all hope is not lost. And you’ll see exactly where I’m going with this as well, because I’m noticing a very new trend. It says all hope is not lost with they’re having now in the rearview mirror. Investors are searching for the next catalyst that will drive the crypto markets higher, according to a top analyst. The imminent launch of a Theory M 2.0, an update that will introduce a higher transaction throughput and a new consensus model under proof of stake will make a much more profound. A fact there we go on the crypto markets than the recently completed BTC, having Ryan Watkins, an analyst for Mazari, recently explained why he thinks Ethe 2.0 will provide a much stronger effect on crypto prices. In a tweet a few days ago, Watkins noted that while the having was a pre-programmed and thus predictable Ethe 2.0 was an uncertain and fundamental change. And that’s what I just said right there. And that’s also in the tweet. The Ethe 2.0 release date has been delayed for the longest time. It’s been about 16 years now. That was also a joke, mostly due to the extreme techno tatlock teeny tiny technicality. Wow of the project Ethe Dewpoint. Those launch was initially slated for the 30th of July because we all we all saw that date mentioned before. However, Metallic Budarin recently posted, hoisted posted that the date could be pushed further to an undisclosed date in quarter three of twenty. Now keep that date in mind as well, you know, and explain in a tweet on Friday why the delay is necessary rather than rushing to launch Ethe 2.0 for those of you who did not see. He said pretty much he thinks it should be slow and steady and he doesn’t want to make any mistakes. He said, What do we do now? Will echo through crypto history for the next couple of decades. And therefore he wants to make sure the E Theorem 2.0 is perfect, perfect instead of slightly perfect before it gets released. That was his explanation. So we don’t even have to go over all of that. If you look at the title of the article, it says, Why upcoming Ethe 2.0 could propel a bigger extended market rally? This one says, In theory, I’m decouples from Bitcoin as having pressure sets in. This one says Alt coins like a theory may soon benefit from institutions rushing to buy Bitcoin. And this one says Imperium 2.0, is what could bring a major turnaround for Ethe to the U.S. dollar. I woke up today finding thousands, not thousands, like 15 articles I’m all talking about. Theorem. For some reason with B having behind this and this is why I mentioned before. Don’t assume that simply people who are not within the cryptocurrency space don’t understand what Bitcoin having actually represent and how significant they are to the cryptocurrency space and also to the price of Bitcoin, to the actual issuance rate of crypto currencies in general. As we move into a more deflationary cryptocurrency world, a lot of different websites started poking their head out just exclusively talking about a theory about how amazing it theorem is. Not saying that a theorem is not amazing, awesome, cool, funky, fly fresh, however, just seems a little bit weird that all the attention has seemingly moves to Aegerion Cerium 2.0 now. And I assume of the next couple of weeks we are going to be bombarded with a theorem is amazing articles until and I say this probably around the time we end up hitting Ethereum 2.0. I’m aiming for August, September of 2022. That was also a joke. Lot of jokes today around this year, probably August. September is when this will probably phase zero us in the face. Then at that point, I assume some other type of news will have come about for some other coin, who is also going to have a having a doubling a for thing or something else will come out and they’ll kind of take all of the attention. And then when he Theorem 2.0 does get released and the price doesn’t skyrocket by thirteen thousand percent. Like many people, I assume, are assuming it’s going to happen. We’ll start to get articles the same exact way. Why isn’t Bitcoin going up? Why is any theory I’m going of? Why is it like coin going up? We see them over and over and over. I find it weird, isn’t it? I don’t wanna say that there’s no loyalty within the cryptocurrency space, but you kind of get what I’m saying. It’s kind of odd. I don’t know if these were always I love you theory and Web sites or simply now they are poking their heads out up, showing their true colors once again. There does not have to be one coin that rules them all. A lot of people think so. I think a market rally could come from any direction. I don’t think it’ll exclusively be Bitcoin that causes everything to skyrocket into the bazillions. It could be someone who wins the lotto and they’re like, I got an extra 14 million. Let’s buy up this coin. It could be a million. And one things. However. It appears that analysts are even more bullish than before on a theorem. I think it’s perfectly natural to be OK with your theory M 2.0 or be excited about it, especially when we talk about the issuance rate in this taking and then all the other stuff that we don’t have to go over again. It was kind of weird that there were so many different websites out there who were all talking and discussing about how amazing each theorem was around the same exact time. Are also more of these. I just I just chose these four because they had the nicest colors. Anyway. Probably my my most. Favorite. News story in a while. For those of you not looking at the screen, even the title, even the title gets me. It says that J.K. Rowling asks about Bitcoin accursed crypto Twitter scares her off. Jake, J.K. Rowling probably wasn’t expecting to unleash the Bitcoin community’s pent up passion and imagination when she tweeted two sentences asking about Bitcoin. But the author of Harry Potter series did. Responding to a tweet from Quoin Desk, senior reporter Ly Kyun Rowland tweeted, and I quote, I don’t understand Bitcoin. Please explain it to me in just two hours. Her tweet had spawned thirteen hundred replies. It took less than three hours for her to follow up with. I don’t think I trust this is weird. The reason I’m laughing is because if you’ve been into crypto for over two years, I. I give you even a year and a half. You know how intense this space can be. If you scream out, Bitcoin is garbage, Bikash is the true Bitcoin. You’re going to get some really strong responses if you send out a message. SRP is better than Bitcoin and like coin proved me wrong. You’re gonna get responses back. So all I could imagine when I read the title. Was at people to simply bombarded her with so many things, tearing her down and then to even read to her say, I don’t think I trust this because you you know how people are within the cryptocurrency space. So I think if I was if it was my first day in crypto and I and I wrote on Anthony possibly on his page, I don’t understand Bitcoin. Please explain it to me. And I got thirteen hundred responses and I’m going to read out some of their responses as well. I think I would also probably not even think of trusting Bitcoin lurking below the Twitter surface. Is a massive community of people who tweet about almost nothing except bitcoin and crypto day in and day out. That is the honest truth. Dying to use their netsch knowhow for the good of the world. Rowling accidentally tapped into it and attempts to speak Rowlings language. It gets better, I promise. Many started comparing Bitcoin to the wizarding world from her books. Someone said, remember how he he who must not be named, play seven Hawe cruxes and different objects around the world in an attempt to immortalize himself so that no one, not even the Ministry of Magic, could stop him. Someone said that he who must not be named or Lord Voldemort thought it would be unlikely that anyone could find all seven Halk cruxes making him impervious to destruction. Similarly under the hood. Bitcoin is composed or comprised of thousands of nosed around the globe running the Bitcoin software, although the number might be decreasing. Who cares? It is hard to share what we’re talking about. J.K. Rowling. It is hard to shut down because all of these nodes need to be shut down at once to derail the online currency. Stephen Saying a researcher at crypto publication of The Block focused his Harry Potter metaphore on the goal of Bitcoin, giving users freedom to do as they please. He said Remember when Dobbie was freed by a sock? Bitcoin is that sock. I mean, it just keeps going on like people kept on, like the Philosopher’s Stone and all this other stuff. Why not just explain to her what Bitcoin is in simple terms? I’m sure this woman who wrote this book 30 years ago was reading these responses and was like, what the heck is everyone even talking about? On top of that, the also other news was that Elon Musk apparently decided to also chime in and told J.K. Rowling about how amazing Bitcoin was. But is it this is a two parter. Hang in there. He said pretty much. Although massive currency issuance by government, central banks is making Bitcoin Internet ghost money looked solid by comparison. Once again, no one actually explained to J.K. Rowling what Bitcoin was. She said people are now explaining Bitcoin to me and honestly, it’s blah, blah, blah, collectibles, My Little Pony, blah, blah, blah. Computers got one of those blah, blah, blah. Crypto sounds creepy. Blah, blah, blah. Understand the risk. I don’t, though, because no one we we we make the mistake often being in the cryptocurrency space of just simply not simply easily explaining something to someone. Now, many friends I’ve had who’ve tried looking at my channel and they don’t understand the thing. I mean, first of all, the channels made for intermediate to low level advanced, like, you have to have been here for a while to really get the channels on a an introductory kind of channel. But it is that same exact thing like you. I talk to all of you as if you know what. 256 is or what the e what what proof of stake. And this is like you you get these terms. You also know what securities are. Anyone come into the channel with simply does go away though. I don’t know what of this stuff is. No one explained it to her. Everyone gave her Harry Potter references. Elon Musk is talking about Bitcoin, Internet ghost money, looking solid by comparison. Also, the two parter for that one. For those of you not looking at the screen, the title of this article is Elon Musk Drops Bitcoin Bomb on J.K. Rowling. Bitcoin is solid compared to fiat money. He never said any of those words. He said the words solid. He he referenced Bitcoin as magical ghost Internet money for those of you who’ve never heard that, that was a very big thing in 2014, 15 and 16, where people used to say that Bitcoin was magical ghost Internet money, that no one could see it, no one understood it, and therefore was his relatively unknown entity that was kind of floating around this that just simply worked. He said Bitcoin as magical ghost Internet money looks solid by comparison. He didn’t call Bitcoin solid. He did say that Bitcoin was a new world currency. He simply said by comparison, goes to money, looks solid to all the issuance by central government banks. Very weird because through multiple different articles on the Internet, they constantly made reference to the fact that Elon Musk had spoken about Bitcoin. Well, I think the third time, third or fourth time this year, and this time he used the word solid to talk about Bitcoin. He didn’t learn learn how to read English and stop trying to misconstrue things to make them sound better. The point is, this is my favorite thing. I was I was I was making some tea. I read this and I laughed for a good 20 minutes. I don’t if you heard the the optimism in my voice before I started this video is because I had had so much joy in my heart, just thinking chemo came. People in the cryptocurrency space leave now because of how insane the cryptocurrency space is and how like. The word is intense. How intense people can get because of, you know, how intense crypto Twitter is. So I just imagine J.K. Rowling sitting at home wrapped up in a blanket, like drinking some tea, just not understanding, like, what the heck are these people talking about? That’s my favorite news story. And then Elon Musk saying the word solid, which also got people riled up. I mean, why, why, why? Why is there a picture of money? Why is there a woman who has her finger nails done holding up a hundred dollar? Well, let’s start with Krypto. What’s going on? What’s going on, guys? Like what? What am I missing? Why the woods? What’s happening in this space? What what is this picture? If there was a photo of Elon Musk, I would get it. Or Elon Musk and J.K. Rowling at an event standing side by side, it would have made a bit more sense. There’s a woman wearing jeans, holding hundred dollar bills. Anyway. There’s a reason why it’s called news, I missed it. There’s a huge reason. Let us move on. And also other news, Jarrett Tate, the founder of Deji Bite, announced that he will be stepping aside from day to day operations due to the greed and rampant pillaging of the cryptocurrency industry. Tate announced his departure from the front end of the crypto space on his Twitter page on the 15th of May. After eight years in the industry, wow, he had this to say about his experiences. He said, all along the way, I have learned some very humble lessons. Number one of which is greed is the fundamental driving force in crypto and people’s actions in life, end quote. It took him eight years to learn that eight years that we all did that I knew took him eight years. Tate said he doesn’t speak for everyone involved with did you? Right. Which he proclaims that the original values of the crypto industry have disappeared. We’ve gone over that as well. The old old crypto is completely gone. Tait’s noted that all 90 percent of the people care about is cashing out. When one of their coins moons. And that’s because boys and girls for everyone listening, I wanna tell you a secret about the cryptocurrency space. Hope you’re listening. Remember these words. Ninety nine percent of the cryptocurrency market is garbage. Did you hear me? Rubbish. Terrible. No use. There’s no need for these coins and people know that in the back of their head, no matter how much you tell yourself. Listen, I’ll be out. I’ll be frank with you and I’ll even level with you. I’ll even I’ll even say that I understand you. I get why people try to pump their coins in the comment section I get while other people are fighting. I get why. So am I and I get it. I don’t agree with it. However, when people try to pump their coins, it’s because they know that they’re holding garbage and they’re doing anything that they can in their power to make sure that the prices of these coins go up so that they can moon and that they can cash out, because in the very beginning he’d heed my words. People got into some of the worst coins in the cryptocurrency space trying to make a rapid quick buck. This is why they did. These other channels are flourishing once again. I’ve I’ve I’ve never been so shocked in my entire life, honestly, on a on an average day. My videos get anywhere from 13 to 18 thousand views, give or take. They fluctuate back and forth. And I and I simply give you the news. I tell you the reality of the cryptocurrency space. I don’t sugarcoat anything. If something looks like garbage, I’m going to tell you it’s garbage. The other channels that have come out of the woodworks or have started reposting videos. These channels are getting one hundred and sixteen thousand views a day. Eighty five thousand views a day. Their channels. One of them. What was it like a couple of days ago? It was like chart shows bitcoin hitting one hundred thousand very soon. Are you in the market? All these things. Everything right now almost knocked over a picture frame. Everything just go away. Everything right now in the cryptocurrency space. Has to exclusively do with people trying to make sure that their coins are no one are hyped up, are pumped up so that the prices can go up and they can cash out. People know that they’re holding garbage. And I’m sad that it took the the founder of Deji by eight years to figure this out. And in the end in the beginning, in the long, long ago, in the beginning of the cryptocurrency space, things were not as they were right now. Things were a lot calmer than we we we had the idea of of of the whole Lambeau culture. But that also came from the greedy aspect of what is now a huge force within the cryptocurrency space. Before that, the idea was to decouple the entire world from fiat currencies. We know that Bitcoin is slow, but we know that eventually Bitcoin will get upgraded. We can do this and make sure that Bitcoin stands as the the the the the totem pole. And therefore, if everyone touches the totem pole, gains it’s knowledge, we can all move on from fiat currencies. This is when the other coins I’m in, I and I. My my brain won’t let me go through eight years of Krypto life to name all the coins, we had so many copies of Bitcoin starting to pop up and. I don’t even consider light coin to be a necessary copy like coin was created more so as as a like a literal silver literal silver to Bitcoin’s gold. It was meant to be. And then eventually it became this kind of test net, which is totally fine when you’re trying to protect the main core, as it were, for Bitcoin. What happened over the last couple of years, and I’ve mentioned this on several other occasions, the Andes, the old idea of decentralization is is is completely gone. The cryptocurrency space has allowed itself to become corrupted by not only greed, but also institutions. Remember before when institutions and Griese and Bank and all this other stuff were very bad things, and now people loud to them and praise them on a crypto Twitter. I’m so glad the JP Morgan’s getting into this. I’m so blah, blah, blah, blah, blah, blah, blah. I understand. I’m also an investor for those of you who were unaware. I’m I’m also into the into the money aspect because I want security in my life. However, the fact that this person just got to the point that I mean, it’s the same exact reason, like we we logically don’t need multiple Bitcoin. If you feel in your heart that Bitcoin, the core is too slow. You create a side chain that runs inside it and you allow these new upgrades to run on said PSI chain, you’d leave the core alone and you build on the outside to make Bitcoin stronger. The BSA vs the B cashes the B gold’s the B diamonds, the B, everything else. These are all unneeded coins and I’ll even go so far as to say did you buy it also isn’t a coin that’s needed. I keep seeing people over and over talking about how it’s just in the comment section. I know these people are trying to hype up the coin and I’m I’m not even half remotely sad that I’m being honest with all of you. It’s just really how things are. I mean, that so many coins in the space, we have no need for them. They’re never going to do anything. A lot of people bought these coins in expectations years ago that these coins were going to rocket and moon. I have a friend. I don’t think he’s watching. But if you are. When he got into the cryptocurrency space, I said, focus on a couple of coins. He went OK and bought a whole bunch of other coins, which I will not name. These coins are doing terrible. And I mean, terrible, terrible, like, bad, terrible. And all I see every single day is him trying to make sure that other people know about how great his garbage is that he bought. Eventually, when the prices go up, can you guess what he plans on doing? He plans on selling because people realizing you all of you realize and for those of you who say you don’t realize, I’m going to tell you, you’re going to realize sometime in the future, you have probably purchased garbage. You are holding onto garbage. You need to at some point get rid of that garbage. And I hope that the next cryptocurrency Bullrun, that not even if we even don’t reach previous highs, that we go five cents over the previous highs of where we were and that you have a chance to cash out and then re-evaluate your portfolio. And I mean that with the most honest words I can possibly comprise together of all the words in the English language. Total honesty. Of course, people in the cryptocurrency space are greedy. So many. Why do you think we have all these coins? Why do you think we have all these other people trying to mimic and make all these other things? You’ve seen all the other cryptocurrency changes that have shut down all the crypto startups, the AI CEOs, the SVO is and have come and gone. There was no need for these things. I told all of you years ago, I remember I had other videos I would show you Web sites, these people talking about. They had made in Bitcoin, our coin is five times faster in the Bitcoin, where the new so and so sign up for this. Do this. Make your money by this. And I’m I beat these coins won’t be around. Dude, you have no idea what you’re talking about. Modern investor, your garbage investor. No. OK. Sure. I got it. Like I said and like I say. Oh, you’ll all get it at some point. There’s a reason why the market mainly focuses on three coins. That’s not to say that there may not be eight other coins circling around those three that could potentially do well in the future. But at least five of those eight are not. The other three are going to be sitting on the sidelines. They’ll they’ll be successful companies, but people won’t be using them. I’m I’m sad that it took this man. Eighty years to figure this out, he added. It’s a primal force. I get that. But every day I see this tech being used to enrich the few at the expense of the long term. Good of the many. He said making a quick buck is not why block chain matters. It’s not at all. But the entire idea of block, chain and cryptocurrency has gone out the window. Cryptocurrency has allowed itself to become easily hyper corrupted by banks and institutions who now own the entire space. Remember, remember what I said about two years ago? I said when the people from the Nasdaq. And the New York Stock Exchange. And Fidelity and the Winklevoss and all these other people are holding thousands, tens of thousands of Bitcoin. Hundreds of thousands of Bitcoin. I think I’m pretty sure the Winklevoss hold in two thousand thirteen. They had at least two hundred thousand Bitcoin. One can only assume they probably have a lot. A lot. A lot. A lot. A lot. A lot. A lot. A lot. A lot. A lot. A lot more. When these people stay the richest people on the planet and become even richer in the future, we can’t get upset at them because we we’ve allowed them to corrupt the space. This is why I mentioned before. For those people who don’t even have a fraction of a Bitcoin in their portfolio and are never going to buy Bitcoin, I, i in in in in 20 years. We’ll have a digital virtual conference in some sort of way. And I’ll let you know, I’ll let you explain to me why you just simply did not buy Bitcoin and how great that’s going for you. Like I said, not being mean, but you have to understand, this place is just. It’s Guards’. It’s gonna be full of greed. It’s a monetary market. Wait, wait, wait. What did this person think was gonna happen by the time Bitcoin had value? This is why for those of you who didn’t do a history lesson, why Satoshi Nakamoto left the space. There were people who he trusted to kind of continue building this in the background. One of the people I think went to the US government and was going to, like, show them how great Bitcoin was. And Satoshi was like, what are you doing? The guy was going there for profit because he probably thought, I know I blew this guy, probably thought he could sell off some Bitcoin or sell off the actual infrastructure to the US government. We have the tools and the means to get away from the old system. But people don’t care. People care about the integration with the old system. And that’s why the news has become the integration with the old system. How to make the old system great. No one’s using swift while there’s a new form of swift. No one’s using so and so where there’s a new form of this. You’re a computer’s not working well. It is integrated into ours as opposed to creating our own space. But we we’ve we’ve we’ve we’ve come far too far. We now have billionaires who own Bitcoin. I’m sure they’re telling their billionaires and or mega millionaire friends to also buy a Bitcoin. These people will own all the Bitcoin in the future. Fifteen years from now, you know, like when we get those really weird, crazy, wacky price predictions of a bitcoin price in twenty, twenty eight and twenty thirty two of being multi million dollars per bitcoin. Think of in the future how many people around the world are just not simply going to hold. Because they’ve bought all these other coins. It’s insane to think about the opportunities that people had. I remember shouting from the rooftop, Buy Bitcoin, it’s two hundred dollars. No. No one listened by Bitcoin is twelve hundred dollars. Bitcoin has dropped from twenty thousand dollars. Have you accumulated Bitcoin? No Bitcoin bitcoins at three thousand five hundred. Why would I want to buy Bitcoin? OK, cool. The point is, of course, the space is full of greed. Of course, it’s a fundamental driving growth or factor or force. We live in a world. Where money rules everything around us. Have we ever heard of cream c r e m Googled the word cream money or C dot r dot e dot a dot m. And you’ll you’ll get it. I’m sure a lot of people know exactly what cream is. Anyway. Yeah. Sorry. Sorry, mister. Did you bite founder that you realized it. It took this man eight years. All these people do is create new coins in an effort to make money from them. This is why it’s also very confusing. Sometimes when you see a lot of these coins that no one’s using have market valuations in the hundreds of millions of billions of dollars. What’s that? Did they they’ve created money out of thin air and people bought it. Remember last year and the year before that, all the conferences we were talking about that were taking place in Russia and other places like that? Like I told you, my friends showed me how he sent me the Instagram stories. These people having multi hundred people conferences in Russia creating like Bitcoin do to do like it was a weird name after it. And these people, they were asking these people that they were going up to them with microphones. How much did you put into the market today? I put fifteen thousand. I think it’s gonna do really well. These coins probably didn’t even exist, these were all scams and the people who ran these scams. Are now somewhere in paradise. They now have tens of millions, hundreds of millions of dollars waiting for the time when they can make their next scam. I know people won’t listen. I know some of you will listen. But I know the vast majority, 99 percent have either clicked the way already, have left a dislike, have left a bad comment or think I’m absolutely insane. And I tell you these things because I’ve been here before. I said this in another video. I know you won’t listen at this point. It kind of is what it is. If you keep buying crappy coins in the future, you’re gonna have a crappy portfolio. Just letting you know and also being sick of the greed that’s the market now. That’s that’s just is what it is. You’ve you’ve seen the comments section. You’ve seen Krypto Twitter, you’ve seen all of it. People are very what’s the word tribalistic in the cryptocurrency space because everyone drank the Kool-Aid in a different corner. Everyone ran to a corner, drank that Kool-Aid, and now they scream at other people, you should be drinking my Kool-Aid when they know it tasted terrible. It was bitter. It was horrible. They didn’t like it. But you have to convince other people, hey, mine is mine is better. I come over to my side and the other people come over. They also taste it and go, Oh. Buy this one, buy this one, because they also bought into the madness. Well, all these coins of garbage there are there are maybe five coins that have any real purpose. And I’m not talking about any staking any delegated proof of stake, any other crappy coins like that. Very few coins are actually going to be used in the future anyway. Yeah, sorry. Did you buy it, founder? I hope you understand now that the place is just about greed and money does. Yeah. Cream anyway. Let’s move on. Next up, Metallic Budarin is in the news in a series of tweets, Imperium co-founder Vitaly Budarin gave a nod of approval to competing block chain EOS with regard to the neach they are trying to carve out. He said, if I were designing a new chain to go live along a Bitcoin, any theory theorem, I would. Oh, that’s a that’s a very bad sign. Whenever someone says those words, that means that they’re slightly planning it in the background. I would take all the political tradeoffs that Bitcoin and ether aren’t willing to take, Budarin said in a May 15th tweet, referring to, of course, Bitcoin and ether because he said BTC and Ethe listed by Coin Telegraph as a fifth most influential person in crypto really and block chain Budarin and hold significant weight in the industry, Budarin noted. Quadratic voting, based on unchanged governance and all built into cryptographic procedures, are tradeoffs of interest. He also included on chain oracles for all events. Instead of ones that simply relay price moves. Budiman also mentioned potentially adding some form of identification on the network, perhaps even an on chain model of identity, at least for participants who want to participate, participate, participate in governance. Non governing actors will still be fully anonymous, he said, although he specified constructing the feature smarter than other current platforms. He said, This is why I actually have some respect for iOS and Co.. I disagree with delegated proof of stake, but at least they are trying to develop a cohesive and principled alternative niche, he added, referring to the delegated proof of stake block chain framework. That’s also news. Yeah. Vitaly Budarin said he has some respect for iOS. The Internet ran away with it. This is not listen. So a couple of other times before, it wasn’t Budarin. But there have been other people, other big wigs, big names in the cryptocurrency space who have mentioned that if they were to create a new chain, that they would do it like this. I redis very them. The bureau has already said before in the past that at some point he plans on stepping away from Ethiopia. Theory. He said, is no time soon. But he wants it to be as decentralized as possible. He doesn’t want to have the sway and the weight that he currently holds within the cryptocurrency space. Charlie Lee has said the same thing. I guess Nakamoto said it in 2009, 2010, because he’s gone. And so have many other people who have leadership role. So it does kind of make sense. I really hope he doesn’t make a new chain because it’s just kind of like, oh, no, no, no, no. But yeah. Vitaly Budarin tipped his digital hat towards iOS four delegates, proof of stake. And that also made news because this is news that I missed. There’s usually a reason why I missed it at. John McAfee. Is in the news today. John McAfee’s goes to cryptocurrency, teasers out who and the privacy focused coin is ready for its worldwide debut. I was hoping this would happen. The millionaire entrepreneur has just informed the world, thank goodness, about his latest crypto offering called Ghost that focuses on individual privacy. The tweet featured the white paper launch for the upcoming coin. It says, Yes, money signed Ghost White Paper coming out today, 8:00 p.m. Central. No, I will say nothing in advance. Dot, dot, dot, maybe. Dot, dot, dot. I’ll put it out half an hour earlier. Dot. Or maybe not. Said John McAfee on the 15th of May. Twitter Roddie has responded with enthusiasm, really about the John McAfee ghost cryptocurrency white paper. Soon the tweet was flooded with queries and congratulations. Why? This is the third coin he’s made. John McAfee has made other coins before. Am I the only one who, like, pays attention to the day to day of the cryptocurrency space? John McAfee has made other coins before. He’s also promoted tons of crappy coins before. A lot of you have probably lost money because that because of John McAfee. John McAfee was the scam promoter in 2017. Type in John McAfee, IFCO 2017. He promoted a new coin a day, a day, not every other day, not once a week, every single day on his Twitter. John McAfee was promoting a different coin. And John McAfee had the stop because the S.E.C. was like, what? What are you doing? He was he was also getting paid. I think I think I think the rumors were the rumors were between 50 to one hundred thousand dollars per coin. And he never disclosed it. And people just thought that he actually logit had a new coin of the day. Same exact thing. There’s another crypto tuber who is the same exact way. I’m not going to say names. You know exactly who I’m talking about. He also remember 2017. This guy said it’s really weird that all these scammers are popping back up and people are following them. It’s the weirdest thing in the entire world. How many times do you have to be burned to understand that that that the oven is hot? Stop touching it. You know that these people are scammers. You know that these people. John McAfee has made multiple coins. He has promoted multiple scams before in the past. Why would any why why would why would you continue following nine? You know how many views? Ninety five thousand of uses for a scam. Remember the other day when we were talking about all those people? Who are watching those scams? If you give me one hundred X Arpey, I’ll give you back a thousand. And why why they’re so popular. What is going on in the world that people just don’t. Is it? It’s called common sense. Like what is? And I didn’t even make a joke. I was gonna make a joke, like, send me a Bitcoin, I’ll send you 10, because I know that at some point somebody would send me a Bitcoin like, hey, TMI, never send me back my ten bitcoin. Like, what do you what do you think is happening in the world? Is it is. It is. The white paper will launch at 8:00 p.m. Central Time. The public will have full access to all technical details regarding the coin. This is not his first coin. His other coins have flopped. No one won. I think it was actually like a I think it was called McAfee coin. No one’s going to use these coins. I swear to actual goodness, if anyone in this channel puts their money into this coin that no one is going to use. And you use you lose your money. Please only blame yourself. No one else. Tell your friend, tell a family member, tell your dog, stop it. Stop buying these crappy coins. There’s no there’s no there’s no point in the near future. Were any institution, any bank, any anything? Is not only going to be adding ghost to their cryptocurrency exchange, they’re not going to be custody ing ghost. And they’re not going to be buying ghost. John McAfee is releasing a new coin. If it even ends up launching the white paper as launching, if the actual coin gets off the floor. Who knows? None of you should hold this in the first place. And to finish things off, Ripple Partners, Bibi or SBI Holdings says it plans to use a Ripple’s payments technology to make it easier for people in Japan to access a.T.M. Well, that’s so nice of them. In its latest yearly fiscal reports. The financial services company says it’s working to integrate its ripple powered payments. Settlement money app, tap tap money app app money tap with eight teams runs by various banks across the country. The move could make it easier for users to access their phones at any time, regardless of bank affiliation. Wow. I mean, that’s that sounds futuristic. SBI says the project could also improve the bottom line for banks. Always important because banks are banks themselves by reducing operating costs. They said currently each bank has an atom with its own bank app, but with a common web app, these same atom may be used or jointly operated by a multi bank. Adam, that sounds interesting. It’s almost as if we didn’t need a Tam’s anymore. We simply could just use cryptocurrency. Hmm hmm. I guess not. Maybe a couple more years. SBI aims to roll out money tap to a bank consortium that’s led by SBI Ripple Asia. The consortium currently has 61 banks operating or representing about 80 percent of all bank assets in Japan. In September of last year, SBI Holdings President Yoshitaka Cartel was quoted as saying that the app, which is fully licensed by Japanese regulators, would utilize Ripple’s native cryptocurrency Zerk in the future. Wonderful. I love the idea of more a.T.M, especially when I don’t even use an A.T.M.. No one my age uses cash anymore. I don’t know if you still use cash. Everyone I know taps their cards, lives their card or just simply orders online. I guess there are tons of people who do use atoms so cool that they’re gonna be using Ripple’s payment network. For that, no explicit words on them using. I assume SERP will be used somewhere in the background because for those of you who don’t know, REPL is actually partnered with nearly every single bank in Japan. So at some point I’m ex Arpey is going to be heavily used. But for this news that was also everywhere, it kind of all over the place. S.P.I is going to be using REPL. I mean, I’m shocked. Are you? I mean, I’ve never seen the affiliation before side. I just simply did not expect this to happen. Anyway. As always, a very special thank you to my patriot and supporters, reviser Walli, from going to my university utopia. Five hundred and sixty nine, Yashar Hanadi Moonman High X Arpey, the pothead Joshua Vinyard, Martin Steuer, Tongo no low sound go low. Low no Bromo. John saucing the animal. Rita a a phobia thottam mullas Adam gracing Mohammed Ronie massive benches in Thailand. Jarrin Schneider Wyse Night Owl two hundred and forty two to the world Krypto Joe Bankroller Network Adobo Krypto artist Goldi 3D Nicholas Where on earth one peace one love Damian set soon Nick Kanigher Richie which a third Vlad the Impaler Praksis Nick Mondiale Livonia. Danny Charles Jim Garner Jeremy Fox minting coins m.a hitch test everyday and Casket’s Leg Day. Yes to Krypto but make both face any time faintness Moncks Corner staff are Medek Seventeen Bake me a cake to grow much Olisa on crypto with Lenno Prioleau Michelle you are l and hold on. I have to sneeze. Thank you all very, very much for your support. Thank you to everyone who is a subscriber of the new channel. Thank you to everyone who was a member of this channel. And thank you to everyone who has a clicker of affiliate links. SAT the momento. The cryptocurrency market looks in saying, I saw a couple of articles. First of all, Bitcoin is down currently by two point one three percent. I saw a couple of articles talking about that Bitcoin was on its way back down to seven. The Bears had taken control and therefore it was time for the market to kind of hold on. I don’t think we’re going back down to 7000. I could see a slipping slightly below nine thousand for a couple of seconds in a coordinated move to acquire more. Lower than nine thousand dollar Bitcoin. But at the moment, fundamentals look great. The fluctuations are absolutely insane. And once again, if you’ve been day trading kudo’s to you, because these movements are moneymakers, that’s not me telling you to go day. Trade is more like a if you’re already in it and you know what to do, therefore keep on doing it. Me? Yeah. The market looks crazy. Nothing. And what if the price of did you buy it went up because the founder was like, nope, I’m gone. I’m Hyperion is up by 15 percent. Wow. That’s twenty four million dollars worth of trading volume. That is. I mean, that’s more than any other coin I’ve never seen. Twenty four million per coin. I simply my mind can’t take it. I don’t know what to do with that 24 million faders up one 19 million synthetics is up on one million. Really, really strong, strong trading, trading, trading volumes right now going around. For those of you who could not hear in my voice that was sarcasm. I do hope you all enjoyed. I mean, I enjoyed the the the J.K. Rowling one. Hope you all enjoyed. Hope you all are having a great day of mourning. A great afternoon. A great evening. Wherever you are. Where ever you might be. I do hope that it was ab. So lewdly. Fantastic. Thank you all once again for watching and or listening. And I will most definitely. Certainly, hopefully probably. We’ll be talking to you all soon. See you.
source https://www.cryptosharks.net/bitcoin-future-prediction-eth/
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Bytom Wallet
What is Bytom? Bytom Wallet is a cryptocurrency the fact that requires a unique triple-layer strategy to blockchain distributed programs. Data deals take place on one layer, diffusion upon another, and the other is called the resource relationship layer. The cryptocurrency could create a new faster, considerably more secure obligations system, together with has potential in neuro-scientific Massive Data too. Bytom Wallet to Bytom BTM Bitcoin is certainly a single layer cryptocurrency, and Ethereum is the dual-layer blockchain that gives smart contracts and dApps into the mix. Chinese blockchain Bytom will take things a stage further which has a triple-layer approach. Data transactions occur upon one layer, gears on another, and the finally is called the property connection layer. Bytom is certainly an active protocol of multiple byte assets, to be able to give it the suitable title. And, even though Ethereum�s SEC scrutinization as some sort of possible security required often the entire crypto market on the downturn in early 2018, Bytom voluntarily published to help the SEC�s Howey Check and Bytom cryptocurrency seemed to be deemed not some sort of safety measures under its DAO view. As digital investments head out, this one has probability of make a impact upon typically the cryptocurrency market together with small purchase fees, large tech Bytom blockchain technology and the interactive method of a number of byte investments that could indicate the idea apart. The Bytom budget is in addition to be had together with can store plenty much more than Bytom coins. Rapid Accomplishment For Bytom Cryptocurrency This is a lot for a blockchain mainnet that simply barely presented April all day and, 2018. Much of the achievement can be ascribed to help its association with well-known Shanghai-based crypto-exchange community 8BTC, whose founder Alter Jia partnered with Bytom owner Duan Xinxing inside September 2018. Bytom includes a extended road ahead of the idea, but it�s plowing by means of full steam ahead. It may be also working on a good one-stop big-data shop for government companies and companies in China that can put American facts managing giant Iron Off-road to be able to shame. The supervision associated with digital property may quickly attract state backing up, because China is keen in order to embrace the blockchain while it stamps down found on cryptocurrency trading. Chinese nationals are unable to buy Bytom plus invest in the blockchain engineering which may change this nation. Before speaking about often the intricacies of Bytom�s blockchain technology, let�s appearance with the BTM gold coin together with its performance in the market in terms of the market limit and day-to-day trading volume. Is the Bytom coin worth buying? Dysfunction connected with BTM Bytom has a industry cap of $673, 373, 841 as of Could 22, 2018, based with some sort of circulating supply associated with 987, 500, 000 Bytom BTM (out of some sort of total supply of 1, 407, 000, 000) and a great exchange amount of $0. 682243. Even though that performed spike together with the crypto promote in The month of january 2018, this hit it has the all-time elevated of $1. 13 for Bytom coins the afternoon former to its launch date four months later. This will make BTM cryptocurrency a rarity among cryptos in the fact that it peaked outside Bitcoin and even Ethereum�s wake and even may include even offered to the May possibly move after two months involving dipping prices industry-wide. Still strong projects like Ripple and Litecoin typically adhere to Bitcoin and Ethereum available in the market, so BTM is popular for standing alone. May Bytom cryptocurrency form a secure location if the sector changes? Keep watching this cryptocurrency news and the market cap for the answer. The cryptocurrency industry is a fickle position, yet spotting trends like this can create serious gains after some time. Bytom coins may be an alternative regarding rainy days. Order Bytom, Don�t Try And Mine It BTM can always be extracted up to often the maximum supply (approximately 33 percent), and Bitmain introduced the $27, 500 Antminer B3 (780Hz) ASIC exploration rig for BTM in May 1, 2018. It indicates it will be just about all but impossible for anyone with no that upfront investment to be able to mine. A swarm-mining fix is offered by Antpool, a new Bitmain subsidiary accused associated with artificially boosting the cost of Bitcoin Money in Q2 2018. Many well-liked cryptocurrency exchanges support Bytom cryptocurrency, including Huobi, Etherdelta, together with KuCoin. Approximately 50 dollars trillion worth of BTM is definitely traded on a new day by day basis. To support the community, Bytom airdropped any kind of BTM it mined throughout its opening weekend. Furthermore, it promises a bounty process to reward participation from the Bytom ecosystem. Up right up until the standard mainnet launch, Bytom BTM existed only as an ERC-20 token upon the Ethereum blockchain. The testnet will remain upward alongside the mainnet so that you can test new updates with no compromising the live natural environment. BTM has both a new desktop and web-based finances, and a new mobile finances is expected in this near future. Guiding typically the Tensority Protocol Bytom flower to dominance from the U. H. (and global) blockchain local community in Apr 2018 after debuting the Tensority algorithm at an sector meeting at M. We. To. This consensus protocol uses edge computing in order to permit integration with AI deep learning and impair computing, Tensority is a good Proof-of-Work algorithm based with tensor computation, and is considered one of the extra techie blockchain projects with the market. Using 3 layers, Tensority, and standard address format, Bytom is in a position of interoperability having any other platform, blockchain or maybe not. Of course, interoperability in itself will be swiftly getting the regular for new blockchains. Ontology, for example, supports sidechains, in addition to Plasma brings this particular features to Ethereum. Nevertheless, the majority of these platforms only help the data standards which are immediately being replaced as AI-powered suggestion machines become the typic. Around fact, Bytom�s protocol helps ASIC mining rigs very well because it�s built to get AI hardware acceleration services. Furthermore, like Bitcoin�s Segregated See, Bytom separates financial transaction autographs from the snooze of the data for you to streamline processing. The Bytom UTXO model verifies orders in parallel to keep away from double-spends and other adjustment. It likewise uses ESCDA encryption plus SHA256 hashing. Using these systems, Bytom built some sort of advanced blockchain that can support anything our combined computing energy can throw at this these days or maybe in the future. Bytom Conclusion History has demonstrated one of the most technologically-advanced project doesn�t always triumph (i. e. Tesla sixth is v Edison, VHS sixth is v Beta), but Bytom�s focus on superior technologies like manufactured intelligence may prove to possibly be the boon in the particular blockchain biceps race. The particular asset supervision and growth of the blockchain program will make or bust Bytom in the finish. The project�s success is dependent on attracting assets into its ecosystem, and it�s poised to do so by flaunting the subsequent advantages above competitors. Bytom is a tri-layer blockchain that separates every single ingredient of traditional blockchain design and style. It also supports cross-chain function and can help any other cryptocurrency. The BTM coin�s peak value was initially upon April 23, 2018, several weeks after the relaxation of the field expert its peak. It�s some sort of uncommon coin that went up by independently of the cryptocurrency market, thus keep a eye on what it does during downturns. The fact that may be the time to buy Bytom. Bytom is partnered having 8BTC, Bitmain, and other popular players in the blockchain industry. Bytom Wallet has often the benefit of the SEC, the assistance of this Chinese government, and it is making a online asset hard drive center in central Tiongkok. IT safe-keeping spending possesses steadily risen since 2013 and is expected to continue by 2020. Is considered currently a good $50 million global field, and Bytom is expecting to not only take a cut of this pie yet raise the industry beyond initial expert expectations. This blockchain job is below to stay.
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2 FTSE 100 dividend stocks I think should pay you for the rest of your life
I remain convinced that there remain few things safer than bricks and mortar right now. Buy-to-let may be off the menu for many, myself included, because of a combination of rising costs, fading tax relief and increasing regulation, but there are plenty of other ways to play the UK property sector.
Buying into the Footsie’s homebuilders is one such way to do this. Barratt Developments (LSE: BDEV) is a share that I myself own and I’m tempted to believe that it, like its peers, should continue to pay big dividends for many years to come.
Housing is one of those cyclical sectors where profits vary according to the health of the regional and/or global economy. The likes of Barratt have proved their resilience though because of the size of the UK’s homes shortage, and amidst a growing population and half-baked government plans to improve build rates, I’m certain that the business can continue to thrive.
Even the ongoing Brexit debacle has failed to stop demand for new-build sectors from marching steadily skywards. Barratt saw completion numbers up 4.1% in the six months to December, to 7,622 units, a result that pushed revenues and pre-tax profits 7.2% and 19.1% higher in the period. And with the FTSE 100 firm lauding its “high-quality land bank, strong forward sales, excellent financial position and efficient cash flow generation,” it felt confident enough to turbocharge the interim dividend by double-digit percentages again, to 9.6p per share.
In the immediate future, City brokers are expecting profits and dividends at Barratt to keep rising, despite Brexit-related troubles, and as a consequence the business boasts an eye-popping 7.8% payout yield.
Safe as houses
Bunzl (LSE: BNZL) is another splendid ‘cyclical’ stock that’s proven its mettle in beating tough economic conditions to keep growing profits and dividends.
Shareholder payouts have grown each year for more than a quarter of a century, in fact, and latest financials in which it raised the annual dividend again convinced me that the diversified services provider can ride out the current turbulence in the world economy.
Group sales rose 9% at constant currencies to £9.1bn in 2018, with sales rising in all of its global territories, and thanks to its exceptional cash conversion, Bunzl is in great shape to pursue what it describes as an “active pipeline of acquisition opportunities” to keep bolstering its market position. The firm spent an extra £183m on M&A activity last year and has also announced another takeover in recent weeks, that of Liberty Glove & Safety to boost its existing safety product operations in its core US territory.
Once again, City analysts expect earnings growth to be spectacularly boring in 2019 (a 2% rise is forecast), but solid enough to facilitate another dividend rise. Currently a 53p per share reward is anticipated, up from 50.2p in 2018, and this yields an inflation-beating 2.2%. And as it builds its global operations organically and via M&A, I’m convinced it should continue to deliver lucrative returns long into the future.
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More reading
3 tip-top FTSE 100 shares I’d pick for my Stocks and Shares ISA
Why I’d shun Bitcoin and buy-to-let in favour of Neil Woodford’s 2 favourite dividend stocks
2 FTSE 100 income stocks yielding 7.4%+ I’d buy for an ISA
2 FTSE 100 dividend growth stocks I’d buy with £1,000
Royston Wild owns shares of Barratt Developments and Bunzl. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.
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Bitcoin Continues to Soar, Fueled by Tesla Announcement: Live Updates Here’s what you need to know: A Bitcoin A.T.M. in New York. Bitcoin continued to rise, fueled by Tesla’s announcement that it had purchased $1.5 billion worth of the digital currency.Credit…Michael M. Santiago/Getty Images Bitcoin continued its recent rise, fueled by Tesla’s announcement on Monday that it had purchased $1.5 billion worth of the digital currency and would start accepting Bitcoin payments. Bitcoin rose above $48,000 per coin early on Tuesday, a record, according to CoinDesk, a trading platform for digital currencies. It is up more than 45 percent in 2021, and other cryptocurrencies are rising, too — including Dogecoin, which was started as a joke before it rose about 1,000 percent over the past week. The momentum has been building as more stock-trading apps allow users to buy, hold and sell cryptocurrencies, reported Nathaniel Popper for The New York Times: “The rally is a moment of euphoria for the thousands of different versions of digital money, which years ago were dismissed as little more than online Beanie Babies caught in a speculative bubble,” he wrote. Stock markets Wall Street is expected to open lower when trading starts later on Tuesday, taking a cue from European markets that were generally lower. Asian markets closed mixed. The S&P 500 on Monday closed higher for the sixth consecutive day, gaining 0.7 percent and moving further into record territory. But that momentum slowed in Asia. The Nikkei in Japan gained 0.4 percent, while the Kospi in South Korea fell 0.2 percent. European market were moderately lower. The DAX in Germany fell 0.6 percent, the FTSE in Britain lost 0.1 percent and the Stoxx Europe 600 dropped 0.4 percent. Oil Oil futures struggled to keep gains made on Monday, when prices finally recovered to their prepandemic levels. West Texas Intermediate, the American benchmark, was down about 0.2 percent, while the global benchmark, Brent crude, was flat, still above $60 a barrel. Total, the French oil producer, reported better-than-expected earnings, with adjusted net income of $4.06 billion for all of 2020. Its shares rose 1 percent. Stimulus checks Democrats in the House on Monday proposed legislation to send stimulus checks of $1,400 to Americans earning up to $75,000 and households with incomes up to $150,000. The direct payments are a critical part of President Biden’s stimulus plan, although the proposal may run into opposition from Republicans and some Democrats who want to focus the payments on lower-income Americans. House committees on Tuesday are expected to begin considering the overall $1.9 trillion package, aimed at supporting the economy through the pandemic. Benefits of lockdown Ocado, the online supermarket based in Britain, reported a 35 percent rise in sales over the past year. As the company invests in new warehouses, “The landscape for food retailing is changing, for good,” said the chief executive, Tim Steiner. Still, the company reported a net loss of 44 million pounds (about $60 million), down from 215 million pounds the previous year. Shares were down 2.6 percent. Supervisors told employees that Kroger was shutting down two stores because of local hazard pay requirements.Credit…Maggie Shannon for The New York Times The race to distribute vaccines and the emergence of more contagious variants of the coronavirus have put a renewed spotlight on the plight of grocery workers in the United States. The industry has boomed in the past year as Americans have stayed home and avoided restaurants. But in most cases, that has not translated into extra pay for its workers, Sapna Maheshwari and Michael Corkery report for The New York Times. After Long Beach, Calif., mandated hazard pay for grocery workers, the grocery giant Kroger responded last week by saying it would close two locations. And now, even as experts warn people to minimize time spent in grocery stores because of new coronavirus variants, The Times found only 13 states that had started specifically vaccinating those workers. “Kroger is sending a message, more than anything else,” said Andrea Zinder, president of Local 324 of the United Food and Commercial Workers, which represents about 160 employees at the two stores. “They are trying to intimidate workers and communities: If you pass these types of ordinances, there will be consequences.” Kroger, which operates about 2,750 stores, has attracted particular attention because it pursued stock buybacks last year and because its chief executive, Rodney McMullen, earned more than $20 million in 2019. The median compensation of a Kroger employee that year was $26,790, or a ratio of 789 to 1, according to company filings. General Motors plans a Hummer pickup as part of its ambitious lineup of electric vehicles.Credit…General Motors, via Agence-France Press — Getty Images “I’ve been writing about the auto industry for 19 years, and I’ve really never seen anything like this,” Neal E. Boudette, who covers the auto industry for The New York Times, told Shira Ovide in this week’s On Tech newsletter. “When I saw the G.M. news, I sat back in my chair and reflected on how revolutionary this was,” Mr. Boudette said. “G.M., for more than a century, has been producing internal combustion engine vehicles, and soon it won’t be. “We’re on the cusp of one of those big industrial transformations in which we shift from an old way of doing things to a completely new one, and everything will be turned upside down.” They discussed the future of cars and whether traditional automakers or tech-focused companies, like Tesla and Apple, would rule the next generation of the roads. “It’s not either-or,” Mr. Boudette said. “The companies that succeed will need to think like the other side. Auto companies need to adapt the mind-set and expertise of tech firms, and vice versa.” Joe Biden in an October 2009 meeting with economic advisers, including Larry Summers, second from right. Mr. Summers, then the director of the National Economic Council, is one of the economists now questioning the scale of the Biden administration’s pandemic stimulus plan.Credit…Mandel Ngan/Agence France-Presse — Getty Images For weeks, policy veterans have been fretting among themselves over the scale of President Biden’s proposal for more pandemic aid, in private emails and text chains, Neil Irwin reports for The New York Times. Larry Summers, the former Treasury secretary, made those concerns public with an op-ed article in The Washington Post last week. The article received some support on Twitter from another economist from the Obama administration and from a former chief economist at the International Monetary Fund. The core question is whether the administration’s $1.9 trillion plan is too big. Is action on that scale needed to contain the economic damage from the pandemic? Or is it far too big relative to the hole the economy’s in, thus setting the stage for a burst of inflation followed by a potential recession? Mr. Summers argues that the plan’s total size reaches a scale that risks major future problems. That implies that much of that spending will just slosh around the economy, causing prices to rise. Treasury Secretary Janet Yellen and other top officials argue that their proposal is prudent and appropriately scaled and that the United States is in a do-whatever-it-takes moment. They do not dismiss the possibility that there will be higher inflation down the road — but say it is a manageable risk. The economy is in uncharted territory. There is a lot of money poised to be spent, and some things may reduce the supply of goods and services. Lots of money chasing finite supply is an Economics 101 recipe for surging prices. But for the medium term, the more important question is whether any inflation surge would be a temporary not-so-harmful phenomenon or the start of something more lasting. Representative Richard E. Neal, Democrat of Massachusetts, unveiled the bill on Monday ahead of a week of legislative work to solidify the details of President Biden’s stimulus proposal. Credit…Anna Moneymaker for The New York Times House Democrats on Monday rolled out a key plank of President Biden’s stimulus plan, proposing legislation to send direct payments of $1,400 to Americans earning up to $75,000 and households with incomes up to $150,000. The plan, drafted the day before key committees are scheduled to being meeting to consider it, is at odds with proposals from some Republicans and moderate Democrats who want to curtail eligibility for direct payments, targeting it to lower income people. Mr. Biden has said he is open to such modifications. For now, the measure would allow individuals earning up to $100,000 and households earning up to $200,000 to be eligible for some payment, though the size of the checks would phase out gradually for those with incomes above $75,000, or $150,000 for a family. The bill, unveiled by Representative Richard E. Neal, Democrat of Massachusetts and the chairman of the Ways and Means Committee, was one of a series that Democrats presented on Monday ahead of a week of legislative work to solidify the details of Mr. Biden’s stimulus proposal. The decision to keep the income cap at the same level as the last round of stimulus payments comes after days of debate among the House Democratic caucus over the size of the checks, as some moderates pushed to restrict the full amount to those who make $50,000 or less and households earning up to $100,000. The legislation also includes a series of significant changes to the tax code and an increase in an extension of weekly federal unemployment benefits. It would raise the $300-a-week payment to $400 a week and continue the program — currently slated to begin lapsing in March — through the end of August. The $1.9 trillion plan would also provide for billions of dollars for schools and colleges, small businesses and a provision that would increase the federal minimum wage to $15 by 2025, a progressive priority. Source link Orbem News #Announcement #Bitcoin #continues #fueled #Live #soar #Tesla #Updates
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Coinbase Shutters the Account of WikiLeaks, WikiLeaks Bites Back
WikiLeaks, the secret information publisher, has had one of its donation avenues blocked by the United States’ largest bitcoin payment services company, Coinbase. The development should come as no surprise, though a blindsided WikiLeaks is now calling for a boycott of the exchange.
Also see: Amazon Web Services Launches ‘Build-Your-Own’ Blockchain Templates
Join the Bitsonline Telegram channel to get the latest Bitcoin, cryptocurrency, and tech news updates: https://t.me/bitsonline
Coinbase: ‘Engaged in Prohibited Use’
Coming hot off the heels of WikiLeaks founder Julian Assange’s internet access being cut off, Coinbase has issued a statement claiming that the WikiLeaks Shop has violated its terms of service.
The WikiLeaks Shop has not clarified which terms it is in breach of. Coinbase’s statement claims it has conducted a “careful review.”
ANNOUNCE: Coinbase has blocked the official @WikiLeaks shop from its platform without notice or explanation. You can continue to donate #Bitcoin to WikiLeaks at https://t.co/lvhoyhlqUa. #Coinbase #DefendWL #Cryptocurrency #Ethereum #BitcoinCash #ReconnectJulian pic.twitter.com/4BSS023OOk
— WikiLeaks Shop (@WikiLeaksShop) April 21, 2018
Coinbase’s statement makes reference to FinCEN regulations, insinuating that the organisation had breached regulations relevant to their mandate.
It is widely understood that Coinbase is a billion dollar buisness that aims to be the leading U.S.-based cryptocurrency exchange. With that ambition comes a necessity to abide by the rules of the U.S. government. Despite this understanding, Coinbase’s stance has not gone down well in the bitcoin community.
We have come full circle. Many people's interest in bitcoin started when Wikileaks was out under an extra judicial embargo by VISA, MC, PayPal and banks. Now Coinbase has repeated history. Oops. https://t.co/b8HQkoOwyQ
— Andreas M. Antonopoulos (@aantonop) April 21, 2018
The actions of Coinbase will not have the same effect as the famous blockade of 2010; with the explosion of the cryptocurrency industry in 2017 there are more funding avenues than ever, and just by holding bitcoin, WikiLeaks would be able to pay for many of the services it needs to operate. The organisation also accepts the privacy focused coin ZCash.
WikiLeaks Fires Back
In any case, despite the blockade likely being largely symbolic, some believe moving away from centralized services such as Coinbase is a positive step in the long run. Never one to shy away from a stoush, WikiLeaks will be instigating its own global blockade of Coinbase, beginning next week.
They're doing you a favor. You don't need them, you have #Bitcoin.
— John Carvalho (@BitcoinErrorLog) April 21, 2018
Despite being the major on-ramp for U.S. citizens buying into cryptocurrency, Coinbase has been faced with a number of controversies over the last two years.
CEO Brian Armstrong has faced scrutiny over his support of the SegWit2X movement and the company’s slowness to implement SegWit efficiency upgrades, as well as the unannounced addition of Bitcoin Cash to its platform. This latest controversy will only serve to polarize the community further and alienate a distinct portion of the cryptocurrency user base whose views are aligned with those of WikiLeaks.
Not WikiLeaks’ First Rodeo
This is not the first time a branch of WikiLeaks has faced a payments embargo. In December 2010, a myriad of payment processors and service providers including Visa, Amazon, Western Union and Apple began refusing to process transactions or host services for the controversial organization. The impact of that stance was near fatal for Wikileaks who later called it an a “concerted U.S.-based, political attack” that “destroyed 95% of our revenue.”
The blockade led to WikiLeaks deciding to accept bitcoin for donations in June of 2011, which in hindsight was a masterstroke, as it garnered unprecedented publicity for both the organization and bitcoin and led to WikiLeaks amassing over 4000 bitcoins. Julian Assange recently remarked that WikiLeaks had profited to the tune of 50,000 percent from the bitcoins they kept.
The 2010 embargo — which lasted 2 years — coincidentally came only ten days after the release of the WikiLeaks dump known as Cablegate — thousands of diplomatic cables that uncovered a number of controversial, behind-the-scenes political dealings such as Saudi Arabia pressuring the U.S. to bomb Iran, the U.S. secretly bombing Yemen, and China cyber attacking Google.
Similarly, the recent Coinbase block has come right after WikiLeaks called for donations to help counter sue the Democratic Party and Democratic National Congress.
The Democrats are suing @WikiLeaks and @JulianAssange for revealing how the DNC rigged the Democratic primaries. Help us counter-sue. We've never lost a publishing case and discovery is going to be amazing fun:https://t.co/E1QbYJL4bB
More options:https://t.co/MsNZhrTzTL pic.twitter.com/VbPp7FTNq3
— WikiLeaks (@wikileaks) April 20, 2018
Decentralize Toward Freedom
In a wider sense, Coinbase’s blockade of the WikiLeaks Shop serves to highlight the importance of decentralized, peer-to-peer cryptocurrencies when trusted third parties can no longer be counted on.
To be able to transact on a peer-to-peer basis without the need for a third party to oversee the transaction will be politically revolutionary, regardless of what side of an issue you’re on. At this stage, Coinbase is acting as a third party and its decision to act in its own best interests is only likely to spur on the process of improving decentralized solutions.
What’s your take? Do you fault Coinbase, or is it all fair game? Sound off in the comments below.
Images via Sky News, The Nation
The post Coinbase Shutters the Account of WikiLeaks, WikiLeaks Bites Back appeared first on Bitsonline.
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Coinbase blocks WikiLeaks shop without notice – starts a riot on social media
Coinbase, one of the top exchange platforms around the globe has blocked WikiLeaks shop from the platform. Coinbase has accused WikiLeaks shop of engaging in prohibited use which is in violation of their terms and conditions and has requested WikiLeaks to follow the instruction provided on the website and transfer the remaining balance offsite to an external address.
WikiLeaks shop is a merchandising platform which sells T-shirts, pullover hoodies, posters, mousepads etc to support WikiLeaks operations.
WikiLeaks is a non-profit international organization that releases classified news information which is provided by anonymous sources. According to many from the community, it is prominently known for publishing news regarding Hilary Clinton’s campaign managers emails during the 2016 US Presidential campaigns Afghanistan war.
WikiLeaks Shop had opened an account on Coinbase in order to receive payments in cryptocurrencies such as Bitcoin, Ethereum, LiteCoin, Bitcoin Cash, Dash, Dogecoin, Neo, Namecoin, Vertcoin, Monero & ZCash.
The mail sent to WikiLeaks shop doesn’t press on the exact reason as to why they are removed. This led to WikiLeaks calling for a global blockade of Coinbase on Twitter which says:
“WikiLeaks will call for a global blockade of Coinbase next week as an unfit member of the crypto community. Coinbase, a large Californian Bitcoin processor, responding to a concealed influence, has blocked the entirely harmless WikiLeaks Shop in a decision approved by management.”
Andreas M Antonopoulos, a well-known Bitcoin and Blockchain enthusiast says:
“We have come full circle. Many people’s interest in bitcoin started when Wikileaks was out under an extra judicial embargo by VISA, MC, PayPal and banks. Now Coinbase has repeated history. Oops.”
Ataraxia Investor, a Twitterati says:
“No difference between Coinbase and the banking Cartel, except that Coinbase is less secure, less insured, and less professional.”
Sheekhtoshi, an LTC investors says:
“I don’t think We’re at that stage to boycott anything in the space, but we definitely need to shift everyone to decentralized exchanges gradually, then we won’t have these types of financial censorship.”
Senthil, another Twitterati says:
“The irony in this hurts me. Coinbase exists today because of Bitcoin which is the ultimate expression of freedom and yet they stop their services to WikiLeaks? Excellent Coinbase , while you rack up millions, don’t forget who made it possible for you”
Zysl also spoke regarding the matter, says:
“Literally the first time I’ve disagreed with Wikileaks on something. Never thought the day would come. Shouldn’t stoop to the lows of others. If they don’t want you just use a different service, there’s so many anyways. A “blockade” seems a bit… elementary.”
The post Coinbase blocks WikiLeaks shop without notice – starts a riot on social media appeared first on AMBCrypto.
Coinbase blocks WikiLeaks shop without notice – starts a riot on social media published first on https://medium.com/@smartoptions
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How USDT Burn Impacts Bitcoin | Covid-19 and Cryptocurrency | Sharering
VIDEO TRANSCRIPT
Hey, everybody, Maddie here with altcoin Buzz, happy Thursday. Hope you’re having a great one. We’re looking today on news BTC dot com. And historically at the traditional pattern that is where we’ve seen major burns of Teather, subsequent bitcoin crashes have occurred. We’ll examine whether or not that’s likely to occur again. We’ll also discuss that sentiment on bitcoin as dot com. They suggest that a downside risk remains likely. Despite this kind of buy the dip sentiment that we’re all feeling right now. Then take a look. On an extra at this piece, Cauvin 19 outbreak and the crypto market, a brief historical look at what’s happened traditionally in times of crisis like this one. And I’m talking about the economic crisis and how bitcoin is different. Some of the arguments you’re probably familiar with, a couple of them, however, are novel and worth sharing. Speaking of sharing, we’re talking about sharing an article by Deepika here on altcoin Buzzacott IO Blockchain for the sharing economy. And finally, we’ll do a quick follow up on the exchange that we mentioned the other day. Storm gain has been crowned the cryptocurrency trading and exchange platform of the year this unknown t.x dot com. We’ll take a look at those stories. We’ll first examine the market. However, on market cap, dot com, we are at two hundred five point five billion dollars. That’s up a little bit since yesterday. As you can see, things are up a percentage point or two or three in some instances. Bitcoin up 1.5, 8 percent in the last 24 hours above 7 K currently. So that’s 7 K has now become support right now seven thousand one hundred and three dollars with the dominance of sixty-three point four percent. Here now on news BTC. Com. Nearly every past teather burn preceded a bitcoin crash and it just happened again. So the fourth-largest cryptocurrency by market cap, which is a stable coin of course. Teather and whose ticker is U.S.D.A., has become increasingly important in its support role for the cryptocurrency market. So much so that the other day data shared by unfolded suggested that tethers market capitalization hit seven billion dollars. Or, to put it in another perspective, 3.4 percent of the entire industries value will alert is a Twitter tracking bot and it announced yesterday on the 22nd of April again at the whale. Underscore or alert 220 million U.S. d.t 222 10 3 0 1 USD burned at Teather Treasury. Bitcoin has not reacted yet. However, bloodstreams Zach Vogel noted that every previous U.S. team burn, according to Weil Alert has coincided, quote, at or near pivotal points in the market. And his chart indicated the pivotal points have preceded drops like when U.S.D.A. was burned around February 20th near the top. And just weeks prior to the drop to $3700 or when it was burned in November last year prior to the 35 percent drop to seven thousand dollars. So keep that variable of the Teather burn in mind as we examine this piece on bitcoiners.com glaring downside risks makes bitcoin correction likely despite quote by the dip sentiment. So as it mentions in the article here, yes, we are above 7k once again, but only just barely. And there’s not really any breakup momentum that we’re seeing. The cryptocurrency market rebounded as U.S. stocks and oil broke their two-day losing streak. However, they’re still in rough shape. And the main argument here is that oil’s collapse is a big warning sign. So Karen Ward, the chief marketing strategist at JP Morgan Asset Management, noted that investors are turning very optimistic about the stock market recovery. But this may be unwarranted as these rallies come on the back of central bank support rather than concrete fundamentals. In other words, they are the direct result of the stimulus injection. And that’s all it was ever meant to be. It was meant to be a stimulus, to temporarily rally things and provide support. But really at a fundamental underlying level, while people still aren’t using oil, people are still, for the most part, stuck at home. People still aren’t working or they’re not participating in the job market, in the labour force. And so what real value can that money have? It’s just a temporary bandage. Meanwhile, and as I mentioned, the crashing U.S. oil prices below zero is an alarm showing how uncertain markets, including Bitcoin, can be as more than half of the world goes into lockdown to slow the speed of the Cauvin pandemic. The corporate earnings come out of the US that has come out of the U.S. are poor and therefore do not justify the gains. Ward, once again of JP Morgan said the following, quote, The second quarter is going to be awful for earnings. We think the market is still a little bit optimistic. That’s the thing that concerns me. You know, I’ve shared my opinion here in the past. I think to a certain extent we have to continue monitoring and be health-conscious and be safe. In response to Cauvin. But on another level, there has to be a time limit. There has to be kind of a checkpoint that we hit and at which we reassess our strategy, because if the economic collapse, whether it’s just for myself in Canada, for the United States, for North America, Europe or globally, the implications of that. My opinion and I think in objective truth are much, much, much, much worse than this. Coronavirus pandemic, whose mortality rate seems to be much less than was originally anticipated. Any death that can be prevented is one that we should seek to prevent that. That’s going to be very important in terms of our mission here. That’s true. That being said, there are many, many, many more deaths that could be made possible. If society utterly collapses. And so this is something that we have to keep in mind. But getting back to Bitcoin for just a second, many analysts are suggesting that nine thousand dollars are a reasonable short term target. We’ve been fluctuating just below K, just above 7 K, back and forth, back and forth. Resistance becomes support and vice versa. But we’re not really improving much. We’re not really blazing any new trails. However, at $9000, we would be able to break out of our most recent trading zones and some people are suggesting that is possible. Take a look at the analytics in the rest of this article for more information. Speaking about cobia. However, let’s take a look at the relationship to Coronavirus that it has with Bitcoin and cryptocurrency here on extra com. I’ve used the term many times, but we are indeed dealing with a black swan event in terms of this coronavirus. First of all, there’s very little at a literal level that we know about it in terms of its health impact. We don’t know the nature of the virus all that well. That is why it is novel, of course, and we’ve seen a lot of examples of how utterly unprepared we were for this disruption. I mean, it always strikes me as quite amazing to see just how fragile some of these major massive international corporations are, where, you know, if they can’t bring in revenue for perhaps a month or so or even a couple of weeks, I mean, they just get devastated by that. It’s shocking to me. And the same goes for people, I think the same in a microcosmic Conways, same for individuals that unfortunately through perhaps sometimes no fault of their own. But in some cases, it is their fault. People don’t prepare. People don’t have a rainy day fund. They don’t save. And I think we’re seen with our habits, with our 21st century, high consumption, highly indebted habits, just how fragile the system truly is. Well, there is an argument that Bitcoin does have an outsized role to play in readjusting and recalibrating things. Of course, outbreaks and epidemics. As this article describes, have occurred in the past. But, you know, in that sense, people always looked in crises to things like gold. And did you know that during the Great Depression, President Franklin D. Roosevelt actually banned the ownership of gold, which in my opinion is an astoundingly tyrannical move? When people were out of work, they had no jobs. They had no means by which to make a living. Fiat currencies and the relatively newly established Federal Reserve were failing. So people turned to gold. They put their trust and their confidence in gold and it was banned outright. I mean, that to me is just criminal. In my opinion. But, you know, even if you had gold back in those times, there were still the matters of authenticating it, the logistics of transporting it, all that kind of thing. Know, we didn’t have a world wide web, we didn’t have an Internet, we didn’t have the digital infrastructure that we now do in the 21st century. And that’s why people love Bitcoin. Put simply, it represents freedom and it totally defies manipulation. So different parties value cryptocurrencies and bitcoin in particular for various reasons. We all know that. But, you know, right now, I don’t think it has necessarily acted as that go to a trustworthy safe haven in terms of crisis. But it is gaining some traction and some credibility during these uncertain times, certainly more than the U.S. dollar or the Federal Reserve. And don’t forget, there are those that are calling for much higher bitcoin prices, really even in the next couple of years, such as Tim Draper, for example, who predicted 250000 by 2022 or 2023. And you have others that have even more optimistic price projections. This is a great article. I would encourage you to check it out in full. But as it concludes here, as the world progresses and fights back against the pandemic, Bitcoin’s value and acceptance will only grow from routine payments and daily coffees at Starbucks too much more sophisticated uses yet to be imagined and created by necessity. Being the mother of invention. Absolutely. Bitcoin has provided a new financial canvas with its users having painted an impressive first layer. Now the time has come to add more paint life and colour to the painting. So a true masterpiece emerges, and the full picture of endless possibility is undeniable to all. We’re now looking at sharing blockchain for the sharing economy. And this article on altcoin Buzzacott. Oh by Deepika with partnerships in multiple sectors of the sharing economy. Sharing is well on its way to being the bridge among stakeholders. So the term sharing economy, if you haven’t really heard about that before, it was an innovative buzzword about a decade ago and experts are now predicting that the sharing economy will grow to over three hundred five billion dollars in the next five years. And this is because people have shown a robust appetite for. Most of the services that such an economy facilitates, especially in travel, hospitality, dining, insurance, car rentals, automotive and more. You know, I myself was travelling for the last couple of years quite a bit for work, but travelling regionally. So not really long distances. And I would often make use of in particular of two services that tie right into the sharing economy. So no one housing. I was basically living out of an air BMB for over a year and my kind of swapped around a little bit. But eventually, you get a little bit cosier with one particular owner and so you settle in for something more long term. So that was as a client, I guess I would say. And then as a vendor of my services, I would go back and forth between cities here in eastern Canada and I would sell my vacant car seat. So I have a sedan, not a big car or a big vehicle, but I would always sell up car seats, my empty car seats, usually three at a time on a multi-hour ride. And it’s just a quick way to number one facilitates people. Sometimes students, people travelling between cities. But it also puts a nice chunk of pocket change into your wallet. So I think it’s it’s a win-win. And more and more, we’re talking about how this is the 21st century, the digital century. More and more we’re seeing that these options are readily available and all around us. So people naturally are availing themselves of these opportunities. There are some roadblocks in this space that need to be considered. So the current shared economic model stands fragmented and disjointed, unfortunately. And on top of that, there are inherent flaws in the existing tech framework on which they operate, leading to issues like privacy and data ownership. Price discrimination, racial bias is, unfortunately, a problem. Security concerns, monopoly and middleman costs. These are all concerns that have yet to be optimised in this sharing economy. Space sharing, however, aims to address these issues and level the playing field for everyone by running the shared economy in a truly decentralized, blockchain-powered ecosystem. So sharing is using the power of distributed ledger technology and it will bring the gap bridged, rather the gap between the stakeholders of the sharing economy. So to date, sharing has announced the addition of the following services to its ecosystem accommodation, tours and activities, flights, insurance, different products including rather DGI Drones and Australia luggage company, car rental services, tech and Research, Automotive Charity and Krypto, including Nano Tron Credits, cam- Investment, Double Peak and Coin Street Partner Sharing also employs an El P.O.S. consensus that’s a least proof of stake, consensus mechanism and sharing. Enjoy support from M.A.D. And their stakeholders. The node operators and stakeholders received 50 percent of the ecosystem revenue to support the network. And I’m playing here a brief explainer video that talks all about sharing what it is they’re all about. Guys, if you want to read more about the duel token mechanism S H R and S H R P, you can check that out. There’s information as well about one idea the power of one i_d_ is that basically your ID is in your control and you can control whether your ID data where it goes rather and how it stores your I.D. data as well. There’s information here about quick rentals, express check-ins, even visa information and of course details about the master nodes and the token omics as well as the distribution. So for all of this and more for interesting information about sharing, including their major partnerships on the rise and checkout speakers article in full, of course, we will link to this in the description below. Of course, guys, none of this is financial advice. We’re neither encouraging you nor discouraging you from any kind of investment in sharing. However, they are a very intriguing player in this cryptocurrency space and we’re simply providing you with the information, hopefully objectively. And finally, for today on Nulty X, dot.com Storm Gane, which we talked about yesterday, really for its very strong infrastructure and characteristics related to other exchanges that were failing in those regards. Will Storm Gain has been crowned cryptocurrency trading and exchange platform of the year. Check out the full article here. Unknow t.x dot com. We are plum out of time. But just as a quick follow up to yesterday’s content, I wanted to mention this before signing off, but that about wraps it up for today, everybody. To be sure, you’re following us on all the regular social media channels and keep checking back into altcoin based on I owe for all the latest guys. Go ahead. Like subscribe, share and hit the belt, receive notifications if you’ve enjoyed today’s video. Best of luck if you choose to invest on this Thursday. But have a great one, everybody. And hey, as always, we do see you again soon. In our next take care.
source https://www.cryptosharks.net/how-usdt-burn-impacts-bitcoin-covid-19/ source https://cryptosharks1.tumblr.com/post/616466093877411840
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