bitlifesuggestions first i want to start with saying thank you to the bitlife devs (and of course the bitlife reddit community) for taking my suggestions into consideration from my last post! now here are some update ideas i’ve had since my last post: business & stock market & finance update: - ability to open a business (ex: clothing, record label, restaurant, tech company, etc.) - hire and manage employees (ex1: pay the job recruiter to recruit people to hire) (ex2: be able to give a raise, fire, or give more/less hours for your employees) - keep your business profitable with new products (ex: new menu item for restaurants, new clothing line, etc) - open new locations for your business - build an HQ - rig elections for the candidate that will make your business more profitable - invest in businesses - buy out businesses - open up your business to the stock market - invest in stocks - invest in bitcoin - open up a credit card savings account new fame update: - hire a manager - new fame options depending on the job (ex1: pop star- release singles & albums, perform and go on tour, music charts, award ceremony every 4 or 5 years) (ex2: movie star- audition for movies and tv shows [tv shows can last years depending on reviews], reviews on your work, award ceremony every 4 or 5 years) (ex3: famous writer- release a book series, do book signings, award ceremony every 4 or 5 years) - do club appearances - hangout with other celebrities - start beef with other celebrities - release merch a new crime update: - print money - sell drugs - do drugs - join a gang - crime related jobs (ex: scammer, hitman, hacker) - commit arson - terrorism - become a famous drug lord god mode updates: - another free trial with new god mode update - be able to change people’s career - be able to get people into a relationship and have babies (because it’s annoying that your kids/siblings rarely have kids) - edit the relationship status bar - edit yourself? miscellaneous updates: - move in with boyfriend/girlfriend - collab with other influencers on social media - add twitch as a new social media and become a famous gamer (gamer as a new career) - add sudoku mini-game in the mind and body tab - vote in elections - mental disabilities (ex: adhd, ocd, etc) and be able to get medicated for it - be able to donate to charity (famous or not) - date multiple people at once suggestions from other users that i like: - join a band (may or may not get you famous) and once you gain a bit of fame record labels could contact you [idea from u/lemonishfox] - ability to arrange marriage for your kids [idea from u/My_Existance] - god mode for pets [idea from u/ExpressSofaBread880] thank you for reading through this post!! please feel free to add anything else or even add ideas to my ideas and expand the in the comments :)
I'm trying to bring you guys to the talking table in this post...
This isn't me trying to get you guys to sign up for something with a referral link or attend a one hour class about an "opportunity" like that one dude who tried to sell you VEMA or Amway. I am simply here to make sure you guys know what you are missing out on. There is a reason people call bitcoin "digital gold". Paypal ✔ JP Morgan ✔ DBS HQ in Singapore ✔ These are all companies that have / had vocal figures or policies against bitcoin but are now either going back on their word or offering custodial services for bitcoin. DYOR. Not financial advice. P.S. Some times I feel like this sub is laughing at eBay for letting a 15 year old take down the entire website back in the 2000s saying, "See guys! I told you internet is a bad idea!" yet here we are talking through the "network of fax machines." EDIT: Forgot to mention this. I was prompted to make this post because not only is Singapore the HQ of DBS, it's also the highest IQ nation on the planet, so put that in your pipe and smoke it. Ask yourself if you're making a mistake right now. https://www.worlddata.info/iq-by-country.php
Do Autonomous Trucks dream of C.W. McCall? Part 9- a new home
Tran was a shitty gambler, Chi mused. He played poker like he was sure the next hand would save him. It didn’t. He overpromised and underpaid. Chi planned on kicking his ass to send a message, but Tran ran that line of shit about millions in bitcoin. Against his better judgment, Chi settled Tran’s debts with every other loan-shark in town and fronted another stack of cash. And all that ended with Tran gambling that away, talking a load of shit and ending up in this dumpster with a trash-bag tied around his neck. Chi looked at Tran’s phone and wondered if the money was ever real. Considering it might point back at him, he smashed it against the corner of the dumpster a few times before dropping it and walking back to his car. He had some debts to pay. Falstaff looked at the paper maps in the motel’s office. He followed the Interstate southeast to the desert and what used to be the California- Arizona border. He looked for places he hadn’t heard of being associated with edgy festivals. Even better, motels with chain-sounding names. That’s the place nobody’d look for him. He packed his car, coaxed Hank back in the carrier and got in his car. Before he got going, he booted his laptop and put the memory card back in. Evidence wasn’t a problem any more, it was getting found. He copied the contents to his laptop and poked around. Ten minutes later, he had set up a password cracker against the accounts, hoping that Tran would choose something easier to remember and therefore guessable. He plugged the laptop’s power supply into the car’s cigarette lighter, then put the laptop on a bag on the back seat. East he went. Geoff had the night shift on another Internet giant’s campus. This meant he drove a golf cart around once or twice, then parked himself in the camera room and tried not to sleep. Sleeping would cut his hourly wage and get him kicked back to dangerous, dirty jobs like protecting rail yards from motivated thieves. He used to pick a skill and research it. He learned to get basic vocabulary in Spanish, Mandarin, Fujianese and was trying Tagalog. He could carry a conversation as long as it revolved around simple topics, like where the bathroom, parking lot and reception desk were, or that he wanted to purchase something. Tonight he picked at that truck thing again. He used a map application to virtually drive between Phoenix and San Diego. After a few hours, he found the spot on the Interstate that looked like the right landscape from the cameras on the pinball machine. He looked at the street view and the camera view over the older man’s shoulder. Motherfucker. Spot dab in the withdrawn zone. Who travels to the middle of nowhere to steal from a truck and only take some stuff? Couldn’t be locals. Locals would strip the truck bare. He watched the video again. Looks like they took plain grocery shipping boxes. Inside job? And steal boxes of fresh pasta and imported wine? He scrolled back and took a few screengrabs. When he worked security at the shiny new headquarters, they had some wild surveillance tools. Real time tracking using AI image enhancement and they taught you how to use it. Geoff got pretty good at it. He looked over at his phone and opened the scheduling application for his employer. He underbid a few other people and picked up the next shift. Which got him reinstated access to the HQ’s slick surveillance system. He uploaded the images and asked it to clean it up. He expected this to take a bit of time, so he cleaned up and got ready for his shift. And his phone dinged. A match. That he didn’t ask for. Ten seconds later, he saw a corporate ID card. With that bored look of middle aged techie. Falstaff. Huh. Dumb name. Looked familiar, but so did every other techie from where he stood. Probably had more money in options than he’d ever earn. As he drove to work, he wondered why a techie would be robbing trucks in the middle of nowhere instead of getting rich or dying fat here. He parked, took the shuttle and made it a few minutes early for shift change. He expected a slow night. Five minutes into the shift, he was sipping good coffee and watching the camera feeds when someone asked for him by name at the desk. He looked up and saw one of the muscular internal security people smiling at him. Close cropped hair, clear coiled earpiece and the look of someone who worked out at an actual gym instead of lifting five gallon buckets filled with water in a rest stop parking lot. Looked like internal security, maybe even VIP protection. Guy probably had pretty good benefits. Geoff would love to get a job like that. Geoff pushed his coffee to the side and stood up to greet the guy asking about him. Enzokuhle gave Geoff a broad smile and introduced himself as Enzo. The two men were pleasant with one another, but Geoff seemed wary. Enzo didn’t know why he was there either. He was scheduled to do driving and personal protection for a senior exec working in his office, but he got tasked with asking a contract security guard some questions about something very hush-hush. Whatever. He was good with people. Perhaps he’d learn something. “Geoff, may we speak outside? This is a sensitive matter, requiring some discretion” Geoff motioned to his puzzled co-worker by holding up his hand, splaying his fingers and mouthing the word “Five”. The two men walked through the stark but stylish lobby onto a manicured park-like field. “So, what do you want from me? Not too often we get you guys involved” “An hour ago, you performed a lookup for a company employee. Have you been in contact with that employee?” “No. I had an image I wanted processed” There was an uncomfortable silence as the walked. Geoff realized that Enzo was listening to his ear-piece. Enzo was nodding as he listened. “I see. So you haven’t seen this person outside the picture you uploaded” “No, but I have an idea where he might be” Enzokuhle put his hand up. He wanted to end this transaction as quickly as possible. “Thank you. Please do not speak of this to anybody else. Your discretion is most important here. Return to your post and we will contact you if we need more from you”. He pointed Geoff back to the lobby without making eye contact. Galina Ivanova spent a few more minutes talking to Enzo, then thanked him. This was a false lead. AI must be glitchy. No chance that the developer who stole almost a billion dollars was unloading trucks instead of moving that big pile of money somewhere. Any additional time logged to this goose chase would make her metrics worse. She took off her headset and tried to go back go sleep. Geoff sat back in his chair. He remembered a video of a scuba diver diving under a moving container ship, looking up at the moving propeller and how close they almost came to a gruesome death. Why was that guy important enough to throw an alert to internal security? He looked at his phone and the email with Falstaff’s ID photo. He couldn’t do any lookups to see the last time he was in any of the buildings, since that fed into whatever alerts that brought Internal Security down on his head. But he remembered something. Employee parking wasn’t owned by Corporate. It was a separate company, which required him to remind annoyed techies when their photo ID wouldn’t trip the gate when some absent-minded developer forgot their garage access card. Last time this Falstaff guy used the garage was almost two months ago. Such a stereotype. Silver Porsche. Now he knew why the guy looked familiar. He left the day that big brouhaha happened. Rumors flew about the security and custodial staff- some developers stole the next phone design or a treasure trove of celebrity nude photos or something else of value to these people. Anybody too vocal with their opinions got fired and walked out, which Geoff wanted to avoid. Whatever it was, it was valuable and embarrassing. Made sense to go hide in the desert. And he had an idea where Falstaff was. Maybe, if he brought him back, there’d be a big enough reward to let him to leave the Valley and go back to Ohio. Pay off debts and raise his family. It wasn’t like he was making any headway here anyway. He was going on a road trip. Falstaff was driving slower now. He needed better fuel economy and to take the time to scout out his next stop. Some towns had plain dried up and others still too connected. The last place looked promising. The gas station was a weatherbeaten Sinclair, with a repainted dinosaur. They only took cash. The chain restaurant was burned out and there was a motel “a few miles up”. Hank was sleeping, but Falstaff’s laptop dinged with the results of his attempt to crack Tran’s big blob of data. He had passwords for the handful of accounts Tran had dumped on that chip. They weren’t for the financial application he and Tran were working on. Instead, they were for the store’s production environment. He didn’t have a billion dollars in untraceable currency, but he could send almost any consumer good to anybody on the planet and clean up afterwards. He had some investigating to do, and he preferred a cheap motel to do it from rather than his car. He rented a room for a few days from a surprised old man and tried to ignore the curious stares from a few permanent residents of the motel. At least Hank enjoyed exploring the room and this motel would not get the camera friendly festival crowd.
first i want to start with saying thank you to the bitlife devs (and of course the bitlife reddit community) for taking my suggestions into consideration from my last post! now here are some update ideas i’ve had since my last post: business & stock market & finance update: - ability to open a business (ex: clothing, record label, restaurant, tech company, etc.) - hire and manage employees (ex1: pay the job recruiter to recruit people to hire) (ex2: be able to give a raise, fire, or give more/less hours for your employees) - keep your business profitable with new products (ex: new menu item for restaurants, new clothing line, etc) - open new locations for your business - build an HQ - rig elections for the candidate that will make your business more profitable - invest in businesses - buy out businesses - open up your business to the stock market - invest in stocks - invest in bitcoin - open up a credit card savings account new fame update: - hire a manager - new fame options depending on the job (ex1: pop star- release singles & albums, perform and go on tour, music charts, award ceremony every 4 or 5 years) (ex2: movie star- audition for movies and tv shows [tv shows can last years depending on reviews], reviews on your work, award ceremony every 4 or 5 years) (ex3: famous writer- release a book series, do book signings, award ceremony every 4 or 5 years) - do club appearances - hangout with other celebrities - start beef with other celebrities - release merch a new crime update: - print money - sell drugs - do drugs - join a gang - crime related jobs (ex: scammer, hitman, hacker) - commit arson - terrorism - become a famous drug lord god mode updates: - another free trial with new god mode update - be able to change people’s career - be able to get people into a relationship and have babies (because it’s annoying that your kids/siblings rarely have kids) - edit the relationship status bar - edit yourself? miscellaneous updates: - move in with boyfriend/girlfriend - collab with other influencers on social media - add twitch as a new social media and become a famous gamer (gamer as a new career) - add sudoku mini-game in the mind and body tab - vote in elections - mental disabilities (ex: adhd, ocd, etc) and be able to get medicated for it - be able to donate to charity (famous or not) - date multiple people at once suggestions from other users that i like: - join a band (may or may not get you famous) and once you gain a bit of fame record labels could contact you [idea from u/lemonishfox] - ability to arrange marriage for your kids [idea from u/My_Existance] - god mode for pets [idea from u/ExpressSofaBread880] thank you for reading through this post!! please feel free to add anything else or even add ideas to my ideas and expand the in the comments :)
Facebook removed dozens of Trump ads that falsely blamed refugees for spread of COVID-19. "We don't allow claims that people's physical safety, health, or survival is threatened by people on the basis of their national origin or immigration status," a Facebook spokesperson told NBC.
Palantir officially began trading via direct listing on Wednesday. The New York Stock Exchange established a reference price of $7.25 per share, valuing the company at about $16 billion ahead of its official debut.
Facebook is merging its Messenger and Instagram direct message features, allowing users on Instagram to send chats to people on Facebook and vice versa. The news comes over a year after Facebook CEO Mark Zuckerberg announced the company was planning to integrate its Messenger, Instagram, and WhatsApp platforms.
Google unveiled the Pixel 5, its next flagship smartphone. Google's Pixel line doesn't have as big of a presence in the market as it rivals from Samsung, Apple, and Huawei, but the company often uses the phones to introduce new Android features.
Apple is giving CEO Tim Cook over $38 million in stock to stay with the company through 2025. Cook could earn an additional 333,987 shares in Apple stock — which could vest at 200% of their value — depending on Apple's performance across that period.
The UK government overrode warnings its $1 billion startup rescue fund risked wasting taxpayer money on second-tier companies. A newly published letter from March reveals the CEO of the British Business Bank thought there was insufficient evidence that the Future Fund could provide taxpayers "good value for money."
Rep. Alexandria Ocasio-Cortez asked the SEC to investigate secretive data firm Palantir before it hit the stock exchange. Among the congresswoman's concerns is Palantir's longtime penchant for secrecy, which she wrote could hurt future investors.
China is reportedly preparing an antitrust investigation into Google at Huawei's request. Huawei suggested the probe last year, two people with knowledge of the matter told Reuters.
Google is reportedly committing to the future of the office by taking extra workspace near its London HQ. The tech giant is also extending a lease of a 160,000 square foot office building in the city that was due to expire in 2021.
Twitter CEO Jack Dorsey criticized Coinbase's CEO for telling his employees not to engage in activism, Bloomberg reports. "#Bitcoin (aka "crypto") is direct activism against an unverifiable and exclusionary financial system which negatively affects so much of our society," Dorsey tweeted on Wednesday.
I recently started a new job. I have a contract spelling out my salary, duties, etc. The job is not at will. The company has offices in multiple states across the US, but our HQ, where I work, is in Dallas. My first paycheck was waaaay too high. I contacted my manager who told me to talk to HR. They are all working from home, but I now have a string of emails where they assured me several times that there is no error in my paycheck and my current salary is correct. The emails list the salary I am currently earning, not the salary in my contract. The salary listed in these emails and our online portal is about 50x what I'm supposed to make. Given that HR has confirmed multiple times that there is no mistake, will I get to keep this money? If I eventually they change their minds and I don't give it back and move it off shore/Bitcoin/gold coins, will I go to jail? How do I deal with this during tax season?
Rust blockchain development continued at its typical blistering pace, and again it's impossible to follow everything going on. This month we see continued advancement in zero-knowledge computing, an obvious focus from the entire blockchain industry on the DeFi phenomenon, and some new hackathons with opportunities for Rust developers. Every month seems to bring advancements in zero-knowledge proofs, and new implementations in Rust. It is a research area that will probably impact the general computing industry eventually, and one where the blockchain industry is leading the way, and one where Rust has a huge foothold. Even projects that are not written in Rust we see implementing their zero-knowledge cryptography in Rust. But this stuff is extremely technical, and improving at a rapid pace. We fear we will never understand it. There are several Rust blockchains now in development that are built around zero-knowledge VMs, whose smart contracts create zero-knowledge proofs:
Aleo. A new platform with its own zero-knowledge programming language, Leo.
Each month we like to shine a light on a notable Rust blockchain project. This month that project is… Fluence. This is a blockchain with built-in software license management. We’re excited about this because license management is a rare non-currency use case for blockchains that makes a lot of sense. While we might expect to see more blockchain platforms devoted solely to digital licensing, fluence is actually a complete distributed computing platform, with a unique vision about using license management to generate profit from open source software.
James Waugh shared big news from Secret Network. Privacy-preserving smart contracts are going live on Secret Network Tuesday, September 15! Now developers can build and deploy “secret contracts” with encrypted inputs, outputs, and state.
Round up of Cryptocurrency News #7 Week 17/08 - 23/08
Heya everyone! Its been a little while, I'm still trying to get back into the groove of writing. Sorry about post#6, there will be a catch-up posted soon.
So... onto News recap #7! What have seen happen? First of all we have seen a pump from a bunch of altcoins: OMG, Cosmos, IOTA, NEO, THETA, ARAGON, SiaCoin, Golem, Swipe. As Ethereum fees remain high Omisego pumped over 130% in one day. It has now pulled back, watch the volume for further movement. Something interesting to me is a lot of these are projects from 2017.
Ethereum 2.0 upgrade is harder than first appeared, Vitalik says it will take much longer as they have a governance issue for the new blockchain.
Bitcoin and Ethereum have had slight adjustments in price potentially tightening up for another move (Hold above $11700 please!) Fingers crossed it is in the upward direction. They are currently in the red over the past few days however don't let that fool you as they are both up over 20% over the last 30 days. Also there was much excitement as Bitcoin rallied over 12K but was quickly beaten down back under. We can now be clear this is a resistance level and possibly a soon to be support level as the price has been steadily pushing back upwards toward 12k. In spite of this most crypto influencers are bearish and expecting a pull back.
News for the week: More awareness of cryptocurrency and purchasing by institutional traders, but do they have the iron hands to play the crypto market? We will have to wait and see, as for Dave Portnoy (who cares), he entered and left within a week. Blames Chainlink and Orchid as Chainlink dumps 20% on him in a day. "Ive bought the top many times" Portnoy doesn't understand the principles of the market as he also appears to think pump and dumps are encouraged within the cryptosphere. I'd keep an eye on him if he tries to push a cryptocurrency onto anyone.
Outside of the meme news, "Bitcoins perception is changing over time, its image as a money-laundering vehicle has subsided, with investors now taking a much keener interest in it. News story counts of potential money laundering were much more prevalent in 2013-14 but have since subsided, while counts of Bitcoin as an investment have become more of a focus."
Bitcoin's hashrate reaches record high of 130 exahash per second (EH/s). This is especially important after bitcoins halving, as miners have had to switch off and upgrade from old inefficient mining rigs, because when miners commit more computing power to process BTC transactions it helps to strengthen the network and secure it against 51% attacks!
Warren Buffet changes his mind on Gold, will Bitcoin be next on his mind? Buffetts company reveals it has dumped bank stocks (such as JP Morgan, Goldman Sachs) and taken a position in a gold miner. This could also be a cheeky indicator something is a bit fishy within the current US financial system and Buffett is looking to retain his wealth for rockier times to come.
Thanks for reading, this week it is very Bitcoin heavy as I am thinking a move is on the way for the top performing cryptocurrencies. Below I would recommend reading the important links and CBDC links. It shouldnt be more than 30 mins, and most of them you can skim through :)
DISCORD LINK: https://discord.gg/zxXXyuJ 🍕 Bring some virtual pizza to share 🍕 Come have a chat, stimulate a discussion, ask a question or share some knowledge. We are all friendly crypto enthusiasts up for a chat, supportive and want to help each other with knowledge and investments! Big thanks to our Telegram and My Crypto HQ for the constant news updates! The Gravychain Collective: https://t.me/gravychain My Crypto HQ: https://t.me/My_Crypto_HQ Important Links:
Tozex’s token-based fundraising mechanism can be used by any type of company.
Tozex’s token-based fundraising mechanism can be used by any type of company, regardless of size, age, geographical location, or legal structure. It may sound too good to be true, but it is. ⠀ See more at https://tozex.io/ ⠀ #business#SMEs#solution #Tozex #TOZToken #Blockchain #Crypto #Project Bitcoin talk user name : TDSB999007
Round up of Cryptocurrency News #5 Week 03/08 - 09/08
Welcome again to another recap and the first full week of the new month after breaking the downward trend on the monthly!
Firstly, from last weeks uptrend we have seen the market consolidate at this level throughout the week with a steady upward climb at the start of the week to a balance out above $11.5k for Bitcoin towards the end. For the market we have a total increase of $17.5B over the week but a 1% decrease of btc dominance moving mainly toward Chainlink and other altcoins.
Bitcoin (BTC) pushes up to $12k again, -1.3% this week.
Ethereum (ETH) pushed up to $400 again, up 0.2% this week.
Chainlink (LINK) currently at $13.51, up 58% this week.
Ethereum classic (ETC) at $6.93, -12% this week. However they have had their second successful 51% attack.
Cardano (ADA) at $0.14 and steady at 0.4% this week.
IOTA at $0.35 and up 10% this week.
Closing the week we have had some altcoin action, Ethereum breaking $400 midweek but now staying back in a nice channel between $350-$410 since the start of August. But, Chainlink killing it after breaking $10 and currently sitting comfortably above $13!! Other altcoins that have reaped rewards and I'm keeping an eye on are:
1 Band Protocol, up 283%/7days. Currently $15.91
Tezos, up 26%/7 days. Currently $3.62USD
VeChain, up 29.8%/7 days. Currently $0.02USD
Compound, up 36%/7days . Currently $172.09USD
Ren, up 49%/7days. Currently $0.27USD
Swipe, up 44.8%/7days. Currently $2.48
Balancer, up 135%/7days. Currently $24.47
8 Ocean Protocol, up 87%/7days. Currently $0.41
9 Kava, up 94%/7days. Currently $4.57
I have picked these as i have noticed they are usually the first movers or the biggest gainers after the market goes red. Chasing those quick gains!
What about the news for this week?
Ethereum Classic suffers from another 51% attack. The attacker makes off with over $5.6M worth of ETC.
Wall street wants in on cryptocurrencies as Bitcoin and Ethereum have been the best performing assets, currently over 90% of all circulating Ethereum is now in a state of profit.
Bitcoin Cash infighting about its Difficulty Adjustment Algorithm (DAA). Possible fork to come called "Bitcoin Cat".
More Crypto adoption happening in the world: Over 1000 Location accept crypto in Slovenia, Bitcoin and cryptocurrencies are talked on the Joe Rogan podcast, almost 9000 Bitcoin ATM locations worldwide in addition to this 211,245 non ATMs. https://coinatmradar.com/,
According to Chainalysis, East Asia is the most active in the world in regard to cryptocurrency volume moved onchain. However, North America purchases and hold more bitcoin than any other region.
Bitcoin averaged over 1 million daily active addresses in the past week since Jan 2018. Ethereum averages 620 thousand active addresses in this period but transaction fees continue to rise, averaging $2M worth of daily fees.
Bitmain cofounders still in contention. Bitcoin mining equipment is delayed, they offer fasttrack service or refund.
XRP co founder Jed McCaleb continues to dump his XRP stack onto the market, has been doing for years. Currently averaging $375k per day.
DISCORD LINK:https://discord.gg/zxXXyuJ 🍕 Bring some virtual pizza to share 🍕 Come have a chat, stimulate a discussion, ask a question or share some knowledge. We are all friendly crypto enthusiasts up for a chat, supportive and want to help each other with knowledge and investments! Big thanks to our Telegram and My Crypto HQ for the constant news updates! The Gravychain Collective: https://t.me/gravychain My Crypto HQ: https://t.me/My_Crypto_HQ
You made it! :) First up, SORRY! This has been a late post, I have my reasons don't question them (if you must know I'll be posting in the discord - one time only haha). Secondly, I am sure you can agree with me when I say "Wow!" What an incredible week it has been. Last week I thought it was going to take a couple more weeks for more moving price action when it had only taken a few days which has seen Bitcoin reach and pass the $10,000 region. We have also seen the total Market cap for cryptocurrencies increase from about 280B to over 300B (308B at time of writing) within just a few days. A huge injection of liquidity, about 40B, into the market and just to name a few of the best rises in the top 20 (on Coinmarketcap.com), the price of ETH BTC ADA have given good performances/positive responses (With this I will start adding screenshots at the end of each week for timestamp purposes). This may be a combination from Binance, Mastercard, Paypal, Grayscale investments, VISA AND the DEFI sector. Let me explain... Last week we read about Binance integrating with the company Swipe (SXP) to issue there own debit card expanding the use and reach of cryptocurrency to 31 countries within Europe. Binance's Q2 scheduled token burn of $60.5 Million, this figure correlates with its exchange, margin and futures trading platforms where approximately 20% of profits get burned to increase the price of BNB token (careful as the price has been steady after the burn). This week we find out Mastercard's expansion into the Cryptosphere as they expand and integrate with the Wirex team to issue a Mastercard-backed Bitcoin debit card, thus further extending the reach of cryptocurrency availability internationally. "The cryptocurrency market continues to mature and Mastercard is driving it forward, creating safe and secure experiences for consumers and businesses in today’s digital economy " "...Our work with Wirex and the wider crypto ecosystem is accelerating innovation and empowering consumers with more choice in the way they pay" Mastercard is also reaching out to other emerging cryptocurrency firms to apply to become principal members [Partners] with Mastercard as they have relaxed their digital assets program and look to expand into the Digital Assets and Blockchain environment. Paypals expression of interest in cryptocurrency facilitiation may bear fruits as it is said Paypal has partnered up with stablecoin operator Paxos (who is already in partnership with Revolut in the US) to facilitate trading through a cryptocurrency brokerage which will enable other firms to integrate cryptocurrency trading functionalities with them. In my opinion this looks much more promising than the Libra association they pulled out from last October as regulations. Grayscale Investments clears regulatory hurdle as they have been given the green light for its Bitcoin Cash Trust (BCHG) and Litecoin Trust (LTCN) to be quoted in over-the-counter (OTC) markets by US Financial Industry Regulatory Authority (FINRA). “The Trusts are open-ended trusts sponsored by Grayscale and are intended to enable exposure to the price movement of the Trusts’ underlying assets through a traditional investment vehicle, avoiding the challenges of buying, storing, and safekeeping digital Bitcoin Cash or Litecoin directly.” More green lights for Cryptocurrency in the US as regulators allow banks to provide cryptocurrency custody services (which may go further than just custody services). A little bit strange as it seems unnecessary and undermines one of the key factors and uses of cryptocurrency which is to be in complete control of your own finances... On another outlook this may be bullish as it allows US banks to provide banking services directly to lawful cryptocurrency businesses and show support for Bitcoin. Visa shows support stating they have a roadmap for their further expansion into the Crypto sphere. Already working with Crypto platform Coinbase and Fold they have stated they recognise the role of digital assets in the future of money. To be frank, it appears to be focused on stable coins, cost effectiveness and transaction speeds. However they are expanding their support for crypto assets. AND MOST IMPORTANTLY, DeFI! Our very own growing section in crypto. Just like the 2017 ICO boom we are seeing exorbitant growth and FOMO into the Decentralised Finance sector (WBTC, Stablecoins, Yield farming, DEXs etc). The amount of active addresses on Ethereum has doubled but with the FOMO on their network have sky rocketed their fees! Large use-cases of stable coins such as USDT ($6B in circulation using ERC-20 standard), DAI, TUSD, and PAX. $114M Wrapped Bitcoin (WBTC) on their network acts as a fluid side chain for Bitcoin and DEX trade volume has touched $1.6B this month. With all this action happening on Ethereum I saw the 24HR volume surpass BTC briefly on Worldcoinindex.com In other news, Bitcoin has been set as a new precedent in a US federal court in a case against Larry Dean Harmon, the operator of an underground trading platform Helix. Bitcoin has now legally been ruled as a form of money. “After examination of the relevant statutes, case law, and other sources, the Court concludes that bitcoin is money under the MTA and that Helix, as described in the indictment, was an `unlicensed money transmitting business´ under applicable federal law.” Quick news in China/Asia as floods threaten miners and the most dominant ASIC Bitcoin mining rig manufacturer Bitmain loses 10,000 Antminers worth millions alledgedly goes missing or "illegally transfered" with ongoing leadership dispute between cofounders. Last but not least, Cardano (ADA) upgrade Shelley is ready to launch! Hardfork is initiated as final countdown clock is switched on. At time of writing the point of no return has been reached, stress tests done and confirmation Hardfork is coming 29/07 The Shelley Mainnet upgrade is a step toward fast, capable and decentralised crypto that can serve billions of people. With the Shelley Mainnet is ADA staking rewards and pools! Here is a chance for us Gravychainers to set up a small pool of our own. Small percentage of profits going into the development of the community, and you keep the rest! If you read all of my ramblings thanks heaps! I appreciate it! I have added an extra piece of reading called speculation. Most you can speculate on by just reading the headline some others have more depth to them. Another post next week for a weekly round up! Where do you think the market is going? What is in your portfolio? Let us know in the Gravychain Discord Channel See you soon!
🍕 Bring some virtual pizza to share 🍕 Come have a chat, stimulate a discussion, ask a question or share some knowledge. We are all friendly crypto enthusiasts up for a chat, supportive and want to help each other with knowledge and investments! Big thanks to our Telegram and My Crypto HQ for the constant news updates!
P.S. Dr Seuss collectables on the blockchain HECK YEAH! and Bitcoin enters NASCAR, remember when Doge did this? it was like when Doge was trending on TikTok. ... Oh yeah did I also mention Steve Wozniak is suing Youtube, Google over rampant Bitcoin scams. Wait, what? Sydney based law firm JPB Liberty is suing Google, Facebook and Twitter for up to $300B. Just another day in the Cryptosphere.
Round up of Cryptocurrency News #2 Week 13/07 - 19/07
So much has happened this week! We saw a capitulation point of bitcoin before bears took over and we saw the selling pressure push Bitcoin down toward the $9000USD mark then move back up above $9100USD So far it has been a stable hold, however we may see some more action within the coming weeks.
Widespread scamming within the Twitter-sphere, Youtube and other platforms as Bitcoin and other cryptocurrencies may seem like fair game. Cryptocurrencies providing big payouts for scammers without the ability for reversals of accounts. Remember if something seems too good to be true, do some research or just plain do not respond/believe it. Stay safe and careful with your funds!
On the brightside, there has been even more adoption of cryptocurrencies as rumours of Paypal utilising cryptocurrency has been confirmed as they are developing crypto capabilities. In addition to this we received exciting news at the start of this week about Binance partnering with Swipe (SXP) and offering a debit card to spend BNB, SXP, BTC and BUSD. ( I will be keeping a swift eye on BNB and Swipe as its utilisation as tokens has just increased 43 fold).
Positive news for the Bitcoin network as its hashrate reaches all time high which helps to secure the network further even though mining profits have dropped by 50% from the recent halving. If you didn't know already the last Bitcoin will be expected to be mined in 2140 with its difficulty ever increasing and each time securing the network further. Processing units will have to become faster, stronger and most importantly more cost effective to continue to entice miners for the block rewards and further renewable energy practices.
Furthermore we can see Central banks and countries discussing and developing Central Bank Digital Currencies (CBDC). Read more about it here https://www.investopedia.com/terms/c/central-bank-digital-currency-cbdc.asp and check out some of the developments in the world above. This shows the popularity and strong nature of cryptocurrencies. As the saying goes "If you cant beat them, JOIN them".
Overall, very solid week full of adoption, animation and anticipation. Another post next week for a weekly round up! See you then but in the mean time join us at our Gravychain Discord. - DISCORD LINK: https://discord.gg/zxXXyuJ 🍕 Bring some virtual pizza to share 🍕 Come have a chat, stimulate a discussion, ask a question or share some knowledge. We are all friendly crypto enthusiasts up for a chat, supportive and want to help each other with knowledge and investments! Big thanks to our Telegram and My Crypto HQ for the constant news updates! - The Gravychain Collective: https://t.me/gravychain - My Crypto HQ: https://t.me/My_Crypto_HQ Important/Notable/Highlights:
I've heard that founder of MakerDAO is not strictly against KYC. I have a message to whole community and specifically to a founder of MakerDAO Rune Christensen. I will explain using concrete examples why having KYC in MakerDAO is a grave mistake and it will lead to MakerDAO fork. Many people in the first world never actually understand why financial privacy and financial inclusion is important. Even people (in the first world) who seemingly supportive of such ideas are not able to provide any concrete examples of why it's actually important. Unfortunately, I was born in a "wrong" country (Uzbekistan) and I experienced first hand what financial exclusion actually means. I know first hand that annoying feeling when you read polite, boilerplate rejection letter from financial institution based in first world. So I had to become practical libertarian. I'm going to give you concrete examples of financial discrimination against me. Then I'm going to explain fundamental reasons why it happens. And finally, I'm going to explain my vision for DAI. Back in 2005, I lived in Uzbekistan. I had an idea to invest in US stocks. I was very naive and I didn't know anything about investing, compliance, bank transfers, KYC etc. All I knew is nice long term charts of US stocks and what P/E means. I didn't contact any US brokerage but I checked information about account opening and how to transfer money there. I approached local bank in Uzbekistan and asked how to transfer money to Bank of New York. Banker's face was like - WOW, WTF?!?! They asked me to go to private room to talk with senior manager. Senior manager of local bank in Uzbekistan asked me why I wanted to transfer money to US. They told me that it's absolutely impossible to transfer money to US/EU and pretty much anywhere. I approached nearly every local bank in the town and they told me the same. In 2012, I already lived in Moscow and acquired Russian citizenship. I got back to my old idea - investing in US stocks. I called to many US brokerages and all of them politely rejected me. Usually when I called I asked them if I can open an account with them. They told me to hold on line. After long pause, I was able to speak with "senior" support who politely explain me that Russia in their list of restricted countries and they can't open an account for me. Finally, I was able to open an account with OptionsXpress. Next challenge was to convince local Russian bank to transfer money to US. Back then in 2012, I was able to get permission to do so. So you might say - is this happy end? Fast forwarding US brokerage story to 2017, OptionsXpress was acquired by Charles Schwab. I was notified that my OptionsXpress account will be migrated to Charles Schwab platform. In 2017, I already lived in the Netherlands (but still having Russian citizenship). I wasn't happy with my stupid job in the Netherlands. I called Charles Schwab and asked if I quit my job in the Netherlands and have to return to Russia, what will happen with my account. Schwab told me that they will restrict my account, so I can't do anything except closing my account. So even if I was long term customer of OptionsXpress, Charles Schwab is not fully okay with me. Going back to 2013, I still lived in Russia. I had another idea. What if I quit my job and build some SAAS platform (or whatever) and sell my stuff to US customers. So I need some website which accept US credit cards. I contacted my Russian bank (who previously allowed me to transfer money to OptionsXpress) about steps to make in order to accept US credit cards in Russia. I've been told explicitly in email that they won't allow me to accept US credit cards under any circumstances. Back then I still believed in "the free west". So I thought - no problem, I will just open bank account abroad and do all operations from my foreign account. I planned vacation in Hong Kong. And Hong Kong is freest economy in the world. Looks like it's right place to open bank account. I contacted HSBC Hong Kong via email. Their general support assured me that I can open bank account with them if I'm foreigner. I flew to Hong Kong for vacation and visited HSBC branch. Of course, they rejected me. But they recommended me to visit last floor in their HQ building, they told me that another HSBC branch specializes on opening bank accounts for foreigners. I went there and they said minimum amount to open bank account is 10 mil HKD (1.27 mil USD). Later I learned that it's called private banking. When I relocated to the Netherlands, I asked ABN Amro staff - what's happen with my bank account if I quit/lose my job in the Netherlands and have to return back to Russia. I've been told that I can't have my dutch bank account if I go back to Russia even if I already used their bank for 2+ years. I still had idea that I would like to quit my job and do something for myself. The problem is that I'm Russian citizen and I don't have any residency which is independent from my employment. So if I quit my job in the Netherlands, I have to return back to Russia. I wanted to see how I would get payments from US/EU customers. I found Stripe Atlas, it's so exciting, they help you to incorporate in US, and even help with banking, all process of receiving credit card payments is very smooth. But as usual in my case, there is a catch - Russia in their list of restricted countries. Speaking of centralized compliance-friendly (e.g. KYC) crypto exchanges. This year I live and work in Hong Kong. Earlier this year, I thought it would be nice to have an account at local crypto exchange in Hong Kong so I can quickly transfer money from my bank account in Hong Kong to crypto exchange using FPS (local payment system for fast bank transfers). What could go wrong? After all Hong Kong is freest economy in the world, right? I submitted KYC documents to crypto exchange called Weever including copy of my Hong Kong ID as they requested. They very quickly responded that they need copy of my passport as well. I submitted copy of my Russian passport. This time they got silent. After a few days, they sent me email saying that Russia is on the US Office of Foreign Assets Control sanction list, so they just require me to fill a form about source of the funds. I told them that the source of my funds is salary, my Hong Kong bank can confirm that along with my employment contract. They got very silent after I sent them a filled form. After a week of silence I asked them - when my account get approved? They said that their compliance office will review my application soon. And they got very silent again. I waited for two or three weeks. Then I asked them again. And I immediately got email with title - Rejection for Weever Account Opening. And text of email was:
We are sorry to inform you that Weever may not be able to accept your account opening application at this stage.
Exactly the same situation I had with one crypto exchange in Europe back in 2017. Luckily I have accounts at other crypto exchanges including Gemini, one of most compliance obsessed exchange in the world. Although I don't keep my money there because I can't trust them, who knows what might come into head of their compliance officer one sunny day. By the way, I'm living and working outside of Russia for quite a few years. The situation with crypto exchanges is much worse for those who still living in Russia. I give you a few other examples of financial discrimination is not related to troubles with my Russian citizenship. Back in 2018, I still lived in the Netherlands. I logged in into my brokerage account just to buy US ETFs as I always do - SPY and QQQ. I placed my order and it failed to fill. I thought it's just a technical problem with my brokerage account. After a few failed attempts to send buy orders for SPY and QQQ, I contacted their support. What they told me was shocking and completely unexpected. They said I'm not permitted to buy US ETFs anymore as EU resident because EU passed a law to protect retail investors. So as a EU resident I'm allowed to be exposed to more risk by buying individual US stocks but I'm not allowed to reduce my risk by buying SPY because ... EU wants to protect me. I felt final result of new law. By the way, on paper their law looks fine. And the final example. It's a known fact that US public market become less attractive in recent decades. Due to heavy regulatory burden companies prefer to go public very late. So if successful unicorn startup grows from its inception/genesis to late adoption, company's valuation would be 3-5 orders of orders of magnitude. For example, if valuation of successful company at inception is 1 Mil USD, then at its very latest stage it's valuation would be 10 Bil USD. So we have 10'000 times of growth. In the best case scenario, company would go public at 1 Bil USD 5-10 years before reaching its peak 10 Bil USD. So investors in private equity could enjoy 1000 fold growth and just leave for public only last 10 fold growth stretched in time. In the worst case scenario, company would go public at 10 Bil USD, i.e. at its historical peak. But there are well known platforms to buy shares of private companies, one of such platforms is Forge Global. You can buy shares of almost all blue chip startups. You can even invest in SpaceX! But as always, there is a catch - US government wants to protect not just US citizens but all people in the world (sounds ridiculous, right?). US law requires you to have 1 Mil USD net worth or 200'000 USD annual income if you want to buy shares of non-public company. So if you are high-net worth individual you can be called "accredited investor". Funny thing is that the law intends to protect US citizens but even if you are not US citizen and never even lived in US, this law is still applies to you in practice. So if you are "poor loser", platforms like Forge Global will reject you. So high-net worth individuals have access and opportunity to Bitcoin-style multi-magnitude growth every 5-10 years. Contrary to private equity markets, US public markets is low risk/low return type of market. If you have small amount of capital, it's just glorified way to protect yourself from inflation plus some little return on top. It's not bad, US public market is a still great way to store your wealth. But I'm deeply convinced that for small capital you must seek fundamentally different type of market - high risk/high return. It's just historical luck that Bitcoin/Ethereum/etc were available for general public from day one. But in reality, viral/exponential growth is happening quite often. It's just you don't have access to such type of markets due to regulatory reasons. I intentionally described these examples of financial discrimination in full details as I experienced them because I do feel that vast majority of people in the first world honestly think that current financial system works just fine and only criminals and terrorists are banned. In reality that's not true at all. 99.999% of innocent people are completely cut off from modern financial system in the name of fighting against money laundering. Here is a big picture why it's happening. There are rich countries (so called western world) and poor countries (so called third world). Financial wall is carefully built by two sides. Authoritarian leaders of poor countries almost always want full control over their population, they don't like market economy, and since market forces don't value their crappy legal system (because it works only for close friends of authoritarian leader) they must implement strict capital control. Otherwise, all capital will run away from their country because nobody really respects their crappy legal system. It only has value under heavy gun of government. Only friends of authoritarian leader can move their money out of country but not you. Leaders of rich countries want to protect their economy from "dirty money" coming from third world. Since citizens of poor countries never vote for leaders of rich countries nobody really cares if rich country just ban everyone from poor country. It's the most lazy way to fight against money laundering - simply ban everyone from certain country. Actually if you look deeper you will see that rich countries very rarely directly ban ordinary people from third world. Usually, there is no such law which doesn't allow me to open bank account somewhere in Europe as non-EU resident. What's really happens is that US/EU government implement very harsh penalties for financial institutions if anything ever goes wrong. So what's actually happens is that financial institutions (banks, brokerages etc) do de-risking. This is the most important word you must know about traditional financial system! So if you have wrong passport, financial institution (for example) bank from rich country just doesn't want to take any risks dealing with you even if you are willing to provide full documentation about your finances. It's well known fact that banks in Hong Kong, Europe, US like to unexpectedly shutdown accounts of thousands innocent businesses due to de-risking. So it's actually de-risking is the real reason why I was rejected so many times by financial institutions in the first world!!! It's de-risking actually responsible for banning 99.999% of innocent people. So governments of rich democratic countries formally have clean hands because they are not banning ordinary people from third world directly. All dirty job is done by financial institutions but governments are well aware of that, it's just more convenient way to discriminate. And nobody actually cares! Ordinary citizens in rich countries are never exposed to such problems and they really don't care about people in third world, after all they are not citizens of US/EU/UK/CH/CA/HK/SG/JP/AU/NZ. And now are you ready for the most hilarious part? If you are big corrupt bureaucrat from Russia you are actually welcome by the first world financial institutions! All Russian's junta keep their stolen money all across Europe and even in US. You might wonder how this is possible if the western financial system is so aggressive in de-risking. Here is a simple equation which financial institution should solve when they decide whether to open an account for you or not: Y - R = net profit Where: Y - how much profit they can make with you; R - how much regulatory risk they take while working with you; That's it! It's very simple equation. So if you are really big junta member from Russia you are actually welcome according to this equation. Banks have special name for serving (ultra) high-net worth individuals, it's called private banking. It's has nothing to do with the fact that bank is private. It's just fancy name for banking for rich. So what's usually happen in real world. Some Estonian or Danish bank got caught with large scale money laundering from Russia. European leaders are ashamed in front of their voters. They implement new super harsh law against money laundering to keep their voters happy. Voters are ordinary people, they don't care about details of new regulations. So banks get scared and abruptly shutdown ALL accounts of Russian customers. And European voters are happy. Modern money laundering laws are like shooting mouse in your house using bazooka! It's very efficient to kill mouse, right? Now imagine world without financial borders. It's hard to do so because we are all get so used to current status quo of traditional financial system. But with additional effort you can start asking questions - if Internet economy is so global and it doesn't really matter where HQ of startup is located, why they are all concentrated in just a few tiny places like Silicon Valley and ... well, that's mostly it if you count the biggest unicorns! Another question would be - why so many talented russian, indian, chinese programmers just go to the same places like San Francisco, London and make super rich companies like Amazon, Google, Facebook, Apple to get even richer? If all you need is laptop and access to internet, why you don't see any trade happening between first and third world? Well actually there is a trade between first and third world but it's not exactly what I want to see. Usually third world countries sell their natural resources through giant corporations to the first world. So it's possible to get access to the first world market from third world but this access usually granted only to big and established companies (and usually it means not innovative). Unicorns are created through massive parallel experiment. Every week bunch of new startups are created in Silicon Valley. Thousands and thousands startups are created in Silicon Valley with almost instant access to global market. Just by law of large numbers you have a very few of them who later become unicorns and dominate the world. But if you have wrong passport and you are located in "wrong" country where every attempt to access global market is very costly, then you most likely not to start innovative startup in the first place. In the best case scenario, you just create either local business or just local copy-paste startup (copied from the west) oriented on (relatively small) domestic market. Obviously in such setup it's predictable that places like Silicon Valley will have giant advantage and as a result all unicorns get concentrated in just a few tiny places. In the world without financial barriers there will be much smaller gap between rich and poor countries. With low barrier of entry, it won't be a game when winner takes all. Whole architecture of decentralized cryptocurrencies is intended to remove middle man and make transactions permissionless. Governments are inherently opposite to that, they are centralized and permissioned. Therefore, decentralized cryptocurrencies are fundamentally incompatible with traditional financial system which is full of middle mans and regulations (i.e. permissions). Real value of crypto are coming from third world, not the first world. People are buying crypto in rich countries just want to invest. Their financial system and their fiat money are more or less already working for them. So there is no immediate urgency to get rid of fiat money in the first world. So the first world citizens buying crypto on centralized KYCd exchanges are essentially making side bet on the success of crypto in third world. Real and natural environment of cryptocurrencies is actually dark OTC market in places like Venezuela and China. But cryptocurrencies like Bitcoin and Ethereum have a big limitation to wide adoption in third world - high volatility. So the real target audience is oppressed (both by their own government and by first world governments) ordinary citizens of third world countries yet they are least who can afford to take burden of high volatility. Right now, Tether is a big thing for dark markets across the world (by the way, dark market doesn't automatically imply bad!). But Tether soon or later be smashed by US/EU regulators. The only real and working permissionless stable cryptocurrency (avoiding hyped word - stablecoin) is DAI. DAI is the currency for post-Tether world to lead dark OTC market around the world and subvert fiat currencies of oppressive third world governments. Once DAI become de-facto widespread currency in shadow economy in all of third world, then it will be accepted (after many huge push backs from governments) as a new reality. I'm talking about 10-20+ years time horizon. But if MakerDAO chooses the route of being compliance friendly then DAI will lose its real target audience (i.e. third world). I can not imagine US/EU calmly tolerate someone buying US stocks and using as a collateral to issue another security (i.e. DAI) which is going to be traded somewhere in Venezuela! You can not be compliance friendly and serve people in Venezuela. Facebook's Libra was stupidest thing I've seen. It's extremely stupid to ask permission from the first world regulators to serve third world and create borderless economy. Another stupid thing is to please third world governments as well. For example, Libra (if ever run) will not serve Indian, Chinese, Venezuelan people. Who is then going to use stupid Libra? Hipsters in Silicon Valley? Why? US dollars are good enough already.
Public CodeValley/Emergent Consensus questioning and investigation Thread. Ask your hard questions and dispel your doubts here.
What is going on here? I am asking some hard questions for the CodeValley Company, which recently proposed a new revolutionary software development paradigm called Emergent Coding at the latest big Bitcoin Cash conference in Australia. I am asking these questions because, as I (and ~150 people who agreed with me) noticed, there are stunning similarities between CodeValley and the companies who have tried and succeeded in crippling Peer-To-Peer Electronic Cash: nChain and Blockstream. According to me, as it looks now, similarities between these 3 companies (nChain, Blockstream, CodeValley) are the following: }- Sources of funding are extremely unclear or openly hostile to Bitcoin }- At first and even second glance, there is no product, no way to make money }- Whitepaper & Documentation is missing, hollow or total abstract bullshit, company has no logical sense of existence }- Detailed specifications or proofs of operation are not available }- Main products are closed-source patented blobs (BSV, Liquid, Emergent Coding) }- They have huge influences in the industry or try to establish themselves in such position to have the infuences I am here (and you are here, I assume) because we want to find out the truth, whatever the truth is. The point of this topic is to ask the hardest possible questions in order to estimate the probability of CodeValley company being legit. But this is also a chance for CodeValley to clear their name by providing sufficient information that proves that (after 4 years of having working company and 10+ years of having patents [Archived]) they actually have a working product and are a legit company, and not an infiltrator designed and paid by banks/TPTB in order to cripple and destroy Bitcoin Cash. Also if they truly are what they claim and they truly have such a revolutionary technology, this is a great opportunity for promotion. To show the world that the tech actually works. I will ask my questions and you can ask your questions as well. Don't make them easy. Don't have mercy (but these things work better when you are polite). Let's begin the trial by fire! Calling nlovisa My Questions/Tasks for CodeValley: [Of course you actually don't have to answer any of them or you can give us bullshit answers again, but in such case the community may conclude that you actually are next nChain/Blockstream and an enemy infiltrator, reject you and shoot down all your efforts. So the choice is yours] @@@@ 1. Please upload your actual businessplan which you presented to the people in power who gave you funding(VCs? Government?) to create $50 Million BCH tech park. A businessplan which is supposed to explain spending of $50 million AUD should have at least 7 pages (but more probably 20+). Some names and unimportant details (but NOT money/financial numbers) can be redacted. -- You have 6 hours to complete this task -- @@@@ 2. Please list your current VCs and >%5 shareholders, with CEO names and HQ locations of each of them. -- You have 4 hours to complete this task -- @@@@ 3. Few days ago you promised to upload freely-accessible documentation to https://codevalley.com/docs subpage which would describe emergent coding in greater details. @ - What happened to that promise? @@@@ 4. After I accused that your company is bullshit and your product is hollow, you immediately started to praise me and offered me a trip to Australia [Archived]. @ - So, do you always praise and offer a paid trip across the world to Australia to all people on the Internet who heavily criticize you? Is this a common practice in your company? @@@@ 5. A travel from Poland to Australia and back would cost something under $2000 AUD, counting buses, with hotels that would make something close to $2500 AUD even for few days. Based on this, I estimate your "invite random people from the internet to Australia in order to show them the product" budget has to consist of at least $50.000 AUD yearly (but $100.000 - $200.000 is more probable of course). @ A) In your financial books, what exactly is called the Excel position of your budget expenses under which would your secretary put my trip's expenses? @ B) How do you maintain such a large budget for such frivolous spending and how do you explain it to your shareholders/VCs? @@@@ 6. Few days ago you answered somebody a question: "The trust model is also different. The bulk of the testing happens before the project is designed not after. Emergent Coding produces a binary with very high integrity and arguably far more testing is done in emergent coding than in incumbent methods you are used to.". @ A) Who EXACTLY does the testing? People? Software? AI? Non-bullshit answer, please. @ B) Why exactly is there "more testing" in Emergent Coding than in normal software creation paradigm? Why is emergent coding different? Do the developers who work in this paradigm are somehow special? Are the programming languages magical? @ C) What are the specific software tools used for this "testing"? "Agents" is a non-answer, so don't even try. @@@@ 7. Please provide a simple demo binary of a simple program created completely using your "Emergent Coding" and also provide all the binary sub-component files that make up the final binary. Requirements: There has to be a minimum of 3 sub - binaries making up the final big binary for this to be valid. 2 or less does not count. None of the binaries can be obfuscated, they have to be clean X86/X86_64 machine code binaries. Notes: It should be incredibily simple, quick and easy task for you, since designing such a complex and apparently breakthough system must have required thousands, tens of thousands if not hundereds of thousands tests. All of these tests produced working binaries - after all you wouldn't claim you have a working marvellous revolutionary product without extensive testing, right? -- You have 18 hours for this task -- Of course, If you are saying the truth and have truly developed this revolutionary "emergent coding" binary-on-the-fly-merging technology, this should normally take you under 18 minutes to just find the test samples and upload them. @@@@ 8. Please construct a simple (binary or source) single-use-compiler demo that will combine 3 or more sub-binaries into final working product. Please upload the sub-binaries and the "single-use compiler" to publicly available site so people in our community can verify that your product is actually working. The single-use-compiler binary can be obfuscated with proper tool in order to hide your precious intellectual property. The 3 sample sub-binaries cannot be obfuscated. They have to be pure, clean, binary X86/X86_64 machine code. Everything has to be working and verifable of course. -- You have 72 hours to complete this task -- I understand all your technologies are patented with patents that basically predate Bitcoin and you are giving us obfuscated binaries, so you don't have to worry about anybody stealing your company's intellectual property, right? @@@@ 9. You mentioned the only application I need to create programs using Emergent Coding is the pilot app. @ - What programming language(s) is the pilot app written in? @@@@ 10. When you developed the Emerging Coding, before it started existing, you couldn't have used emergent coding to create the first (test & development) applications because it is a chicken and egg problem. @ - What programming language did you use to create first client/serveapi/daemon/tool used to merge multiple binaries into one in Emergent Coding? @@@@ 11. Please list all of your current programmers and programming language each of them is using next to their name. Also provide LinkedIn profiles if applicable. -- You have 18 hours to complete this task -- @@@@ 12. Please also list all Development Environments (IDEs) used by your current programmers next to their name. -- You have 18 hours to complete this task -- @@@@ 13. Please list all compilers used by your current programmers next to their name. -- You have 18 hours to complete this task -- @@@@ 14. So if I understand correctly CodeValley will be the company who runs $50 million BCH tech park and the tech will house multiple Bitcoin Cash-related startup and companies. Let's say I have a BCH startup and I would like to rent a loft/spot in your "tech park". A) Please provide a PDF of sample basic contract you have (hopefully) prepared for such startups. -- You have 4 hours to complete this task -- B) How much does the rent cost per a room (or m2/sqft) for a month and for a year? @@@@ 15. Please submit the list of compilers that produce X86/X86_64/ARM binaries compatibile with Emergent Coding "mash-it-together" "binary compiler". -- You have 4 hours to complete this task -- @@@@ 16. Is it possible for Emergent Coding to merge multiple non-binary applications (like Python or PHP programs) together? Or is it just binaries? Who are you? I am a freedom thinker and individual independent from all infuences who just does what he finds appropriate at the moment. Disclaimer to preempt questions: }- I do not work for anybody }- I do not have any hidden agenda }- I am only doing what I think is right }- I am a born revolutionist, this is why I am in Bitcoin Why are you doing this? }- Because I believe in truth above all. Truth will save us. }- Because I believe in Satoshi's peer-to-peer cash for the world vision and I will not stray from this path. }- Because most people are apparently missing psychological immune system which is why attempts like Blockstream, nChain appear and are repetedly [at least partially] successful. I have an anti-bullshit immune system that works great against this type of attacks. I was actually one of the first to be banned in /Bitcoin sub for pointing out their lies with manipulations and to spot Craig Wright's attempt to infiltrate and bend /btc sub to his will.. }- Because I was fooled twice by entities similar to CodeValley before (namingly nChain and Blockstream) and I will not be fooled again. Bitcoin Cash will not be co-opted easily as long as I am here. }- Because if Bitcoin Cash community is an organism, then I became a B lymphocyte cell. I produce antibodies. I show you how to defend yourself from bullshit, lies and manipulation. This is my basic function. }- Because I am here to kill the bank
Best broker for an Estonia based company, bearing in mind a buy&hold strategy, mostly with ETF/stocks
Hi all, as per subject, my business partner and I are currently looking for the best broker we can get for an Estonian company [which acts as our own piggy-bank, but for the rest consider it as a layer between us and any broker - it is still personal finance] in order to invest the extra money which comes from other activity in the long run (10+ years). We are currently awaiting a reply from DeGiro, which on paper would seem okay with us as long as our account's bank HQ (not our company) is located in one of the allowed countries (we can do that, if needed), but still wondering if you are aware of better options (provided DeGiro won't turn us down). Our initial goal was to invest in rental properties with good LTV options, as it would have given us a rather interesting ROI, but, as you might have guessed, that is not much of an option with the pending pandemic crisis. Still, our main business should give us a good, consistent stream of revenues for about 100k€/year, we are in to play a long game without any rush to go and grab quick money and we would rather avoid stuff like bitcoins or leveraged derivatives. That said, any suggestion is welcome and forgive us if we were not clear in exposing our situation initially - more than glad to clarify further if needed :)
The best project. I advise everyone to pay attention to it. be close to the best project, LeaseholdHQ project is actively developing and in their social media accounts you can follow new companies that join it and are ready to integrate into their ecosystem. #LISK #LSH #BITCOIN #ICO #DPOS
HERE IS HOW LEASEHOLD SHARES RENTAL INCOME VIA TOKENIZATION
https://preview.redd.it/huti5fmwkgt41.jpg?width=2048&format=pjpg&auto=webp&s=5b284f03bcd9687dced72d9dfa42f49f95cfaa37 Cryptocurrencies came into being after the debut of Bitcoin (BTC). Now, the currency is one of the most used all over the world, and for good reasons too. Cryptocurrencies are not decentralized. They are also used on a Peer-to-Peer basis, and can now be used in many payment channels.CRYPTOCURRENCIES IN THE REAL ESTATE INDUSTRYCryptocurrencies have been used in many industries, ranging from the supply chain industry to finance and down to the logistics industry.One industry that hasn’t fully gotten the “cryptocurrency touch” is the real estate industry. Here, fiat or paper money is still in wide circulation.Leasehold, a blockchain-based project is set to change that. It is making use of many tools, including its Leasehold Token (LSH) to bolster the growth and sharing of income in the traditional real estate industry.THE LEASEHOLD TOKEN (LSH) https://preview.redd.it/tn2mmvx0lgt41.png?width=2044&format=png&auto=webp&s=933fb8ebbc4224f316390dc2536ce3b19aaef10a Leasehold is the platform that will be in the frontline of facilitating transactions related to real estate. The platform has a parent company called Leasehold Holdings. The company, in turn, has many features that will bolster Leasehold’s chances in the competitive real estate industry.One of such features is the Leasehold Token (LSH). The idea of this token was brought up for some many reasons.First, it tends to serve as one of the foremost crypto tokens that will be used for real estate transactions.Second, the Leasehold Token (LSH) is deflationary. This means that as time goes on, the amount of the LSH token in circulation will be diminishing instead of increasing. This is also for a number of (good) reasons. The first point is that the deflationary feature of the Leasehold Token (LSH) makes it possible for Leasehold Holdings to burn some of the tokens in order to increase demand. Second, as the demands increase, the token’s value can be skyrocketed, thereby making the investors richer.• Real Estate Investment Using Crypto TokensYou can now put your crypto token to good use, starting with the Leasehold Token (LSH).The Leasehold Token (LSH) has been designed as one of the most common methods of payments on Leasehold. With it, you can rent or get properties on lease on the Leasehold platform.In the case of making investments in real estate portfolios on Leasehold, you can also do that using the Leasehold Token (LSH). After that, you will get the Returns on Investments (ROIs) via the Leasehold Token (LSH).DUAL BUSINESS MODELSLeasehold Holdings, the parent company of Leasehold will operate two (2) business models.The first is the running of non-owned apartments on behalf of the owners. At the end of the rent or lease term, Leasehold will take its agreed amount for the marketing aspects and return the remaining profits to the homeowners.On the other hand, Leasehold can run owned properties, whereby it will retain the profits accruable from the profits. It will also distribute some Leasehold Tokens (LSHs) to the investors who bought the LSH token.CONCLUSIVELYLeasehold has taken a bold step to open up another use case for crypto tokens; this time, for investments in the real estate industry.It is now up to the target audience (potential real estate investors) to take a cue and starting investing in properties using the Leasehold Token (LSH). For more insight, click the links below: Website https://leasehold.io Twitter https://twitter.com/leaseholdHQ Reddit https://www.reddit.com/useLeashold AUTHOR'S DETAILS Bitcointalk Username: Nancyo Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2759950;sa=summary
What to know about LeaseHold Token and the Benefits
Leasehold Token (LSH) is a unique type of deflationary token. It is created as a token whose worth increases with time. The management of this high-value token is focused on building a remarkable platform. This goal of this platform is aimed at emerging as one of the global leaders in property investment and revenue creation. In this platform, the holders of the LeaseHold token who are already the investors in the property company will earn revenue effortlessly. The vision of this platform also involves the token holders earning from the revenue made by the company through the renting or leasing of their properties. The token of Leasehold makes it a property investment platform that operates a decentralized system. The benefits of such systems include security, equity in the distribution of income, transparency. This also implies that due to the decentralization of the investment platform, one can conveniently benefit from the proceeds of the platform as long as you are a Leasehold token holder. Generally, Leasehold Company focuses on renting properties that are mainly used on a short time basis. They advertise their business and rental services on prominent and popular platforms such as Homeaway, Airbnb, and other well-known rental and booking platforms. Before the introduction of Leasehold token, one of these rental platforms, Airbnb, has integrated the use of Bitcoin as a means of payment. This signals a remarkable opening for increased growth and development of the Leasehold Company. Benefits of the LeaseHold Token The Leasehold token offers several benefits that include the following: Sustainability The token of Leasehold offers a policy that is referred to as “Buy-Back and Burn”. This policy is built to help Leasehold operations and businesses avoid the unpredictable nature of markets. It is through this policy that the Leasehold token provides sustainability. The income obtained from the strategic property rentals is used to fund the buy-back and burn policy and it provides the means of buying back and burning. Leasehold has established firm developmental regulations that fosters increase growth; this results in a continuous rise in the amount of money to buy-back. Transparency The holders of Leasehold token can access real-time data that displays all the recent earnings of the properties and approximated buybacks within a specific month. The entire information relating to the Leasehold Property rental company will be accessible to holders as live data. Security The token also provides and makes the rental income of the business accessible to holders in real-time data. The bookings for any of the rental properties of Leasehold is restricted to be allowed only on the website; this offers more security. Guarantee The Leasehold tokens can be stored for about 5 years via a smart contract. This helps to guarantee that the property project is completed as planned. Conclusion Leasehold token is a platform that offers investors the means to profit from short-term rental revenues of a property company through tokenization. Through a decentralized property rental system, they operate their rental services through certain reputable platforms. With the advantages of Leasehold token, it is predicted that there will be mass adoption of the token. USEFUL LINKS Website: https://leasehold.io Telegram: https://t.me/Leaseholdchat Twitter:https://mobile.twitter.com/LeaseholdHQ
The first and foremost thing to know about Leasehold platform is that it is decentralized that is to say, it is based on blockchain. Leasehold is also a profit-sharing business or platform with the sole purpose of sharing rental income via tokenization brought about by blockchain. In the same way, it is good to know that, the Leasehold platform aims to be a valuable one and to achieve this, sees it fit to ensure their token holders are always comfortable hence the idea of rewards being in the form of buy-back and burn; with this strategy, the Leasehold platform take the acquired profits, buys back its tokens from the market and burn them. In other ways, Leasehold token is a Deflationary token which will continue to be bought and burnt as the platform ensures strict growth policies are followed.
Like earlier stated, there are many blockchain projects with different consensus algorithms such as Proof-of-Stake, Proof-of-Work etc, in the case of Leasehold, it will be based on Delegated Proof-of-Stake (DPOS). This DPOS is of the idea that delegates within the platform can create blocks, these delegates are trusted and as such selected to be active within the platform in addition to the fact they secure the chain while getting their rewards which is strictly based on a good performance.
Talking about a decentralized exchange, it offers more security because, in the crypto space, there are many exchanges that have been hacked, exit scam with funds as well as closing accounts without reason. Therefore, Leasehold will sure have its own because the team wants to offer a secure, safe, trustworthy and reliable platform for trading of LSH tokens. When trading in Leasehold platform's DEX, there will be no malicious acts but instead a good level of trust and transparency.
Another point as to why Leasehold is worthwhile is the fact that it makes it possible for users to partake in profit-sharing without owning properties physically, nor is there a need to identify themselves. In view of this, Leasehold is working towards taking huge advantages of the tourist industry, everyday living industry etc since it has been proven that booking platforms grow with more than double the users from the previous years. With this move, as a user, there is an opportunity to profit by owning the property, while with Leasehold, everything is simplified leading to owning a portion of profits.
Another wonderful attribute of Leasehold platform is that token holders are carried along in the development of the platform, in this case, they are always presented with updated happenings which includes buy-back details, acquisition of properties etc.
Since security is paramount in Leasehold platform, the team created a hub, which will make it possible for token holders to securely store their tokens in their wallet. This wallet is connected directly to the Leasehold network.
There are many projects already in the crypto space which supports mining and same is the case with Leasehold. Leasehold will have a real-time data pool bearing all the financials of the platform's earnings. It will also display a list of the current buy-back funds which will be used for buy-back and burn purposes.
Currently, many people in the world are limited when it comes to using of cryptocurrencies and this is where tokenization comes to play; that is, with tokenization, many people in the world will be free and able to buy crypto easily. With this in mind, in the Leasehold platform is tokenization as well, with tokenization of LSH tokens, people from all over the world will be able to take part in profit-sharing from the Leasehold short term rental markets. This is profitable because a study has shown that, short term rental markets are now booming all over the world because there is no need putting up large amounts of capital at once, which many individuals do not have or have access to.
There are two methods of property rental in Leasehold platform which is developed to accommodate different types of users; a. Property rental of non-owned apartments: This is a method where the Leasehold team will accept the responsibility of running apartments for homeowners which will be at an agreed amount. In this case, the team will use their marketing strategies and booking system methods to ensure the best of services is offered to homeowners while on the other hand, this will also help Leasehold to acquire constant funding for its buybacks. b. Property rental of owned properties: In this method, the Leasehold team will strive to achieve the maximum amount of returns since all profits will belong to the company at the same time distributed to the buybacks. Furthermore, from the profits made, Leasehold will continue buying property on the open market while renting it out using its specially designed cross-platform method.
Just like there are blockchain platforms which sought for funding before continuing building their platform, same is with Leasehold. The team will carry out 5 stages of ITO’s with the aim of raising enough funding so as to acquire small apartments thus starting the renting process and partner site setups. According to the team, the reason for these stages of ITO is that each stage will allow the Leasehold platform to acquire and set up the working business model that will make the buy-back and burn process possible. The end result of this is, Leasehold will be in a position to be free from cryptocurrencies volatility as well as being far bear markets. Leasehold Initial Token Offering (ITO) has started already and stipulated to end by May 2020. Read more on (ITO).(It is wise to make your own research before investing or participating in any token sale.)
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List of companies who accept bitcoin and crypto, अब इंडिया में सीखिए ब्लॉकचैन टेक्नोलॉजी
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