The crypto bridge is useless and unnecessary. All types of blockchain bridge have a common security weak point that turns blockchain vulnerable to hacking. https://blog.makerdao.com/what-are-blockchain-bridges-and-why-are-they-important-for-defi/ Of course, blockchain bridge has lots of practical use but turns it into a centralized blockchain.https://consensys.net/blog/blockchain-explained/how-to-understand-blockchain-bridges-through-four-questions/ The trade-off seems not to add up. The curr...

The crypto bridge is useless and unnecessary. All types of blockchain bridge have a common security weak point that turns blockchain vulnerable to hacking. https://blog.makerdao.com/what-are-blockchain-bridges-and-why-are-they-important-for-defi/ Of course, blockchain bridge has lots of practical use but turns it into a centralized blockchain.https://consensys.net/blog/blockchain-explained/how-to-understand-blockchain-bridges-through-four-questions/ The trade-off seems not to add up. The curr...

There will more and more banks hold crypto in the coming years. Even the crypto exchange will provide crypto banking services, and it will turn crypto more like a centralized system than the decentralized one we hope to be. https://twitter.com/FatManTerra/status/1578665613610061824 How will this change the crypto landscape?Freedom vs. EqualityThere is a deep understanding of the differences between our freedom and the equality we want to achieve. Freedom gives one power of whatever they would...

There will more and more banks hold crypto in the coming years. Even the crypto exchange will provide crypto banking services, and it will turn crypto more like a centralized system than the decentralized one we hope to be. https://twitter.com/FatManTerra/status/1578665613610061824 How will this change the crypto landscape?Freedom vs. EqualityThere is a deep understanding of the differences between our freedom and the equality we want to achieve. Freedom gives one power of whatever they would...

Wait a minute! What Elon just did again?! https://twitter.com/elonmusk/status/1579971705447256064 He wants to become a coin collector then! Elon Musk loves Dogecoin, and his fragrance merchant will accept cryptocurrencies such as Dogecoin, USDC, Bitcoin Cash, and many others through BitPay. https://twitter.com/elonmusk/status/1579974298156306432 It is called Burnt Hair, and it costs $100 per bottle. It has already made 1 million dollars in sales. I think crypto payment is a feasible adoption ...

Wait a minute! What Elon just did again?! https://twitter.com/elonmusk/status/1579971705447256064 He wants to become a coin collector then! Elon Musk loves Dogecoin, and his fragrance merchant will accept cryptocurrencies such as Dogecoin, USDC, Bitcoin Cash, and many others through BitPay. https://twitter.com/elonmusk/status/1579974298156306432 It is called Burnt Hair, and it costs $100 per bottle. It has already made 1 million dollars in sales. I think crypto payment is a feasible adoption ...

Web3 business is booming. The recent news about Google partners with Coinbase is an example that the future of Web3 can progress. https://twitter.com/BTCTN/status/1579993236361433159 Coinbase CEO Brian Armstrong envisioned the payment system in 2012. https://twitter.com/Blockworks_/status/1580949830536265729 If the transaction fee can be reduced to a fraction, cryptocurrencies are the way for payment systems. I always support and believe the crypto payment system is the most route of the futu...

Web3 business is booming. The recent news about Google partners with Coinbase is an example that the future of Web3 can progress. https://twitter.com/BTCTN/status/1579993236361433159 Coinbase CEO Brian Armstrong envisioned the payment system in 2012. https://twitter.com/Blockworks_/status/1580949830536265729 If the transaction fee can be reduced to a fraction, cryptocurrencies are the way for payment systems. I always support and believe the crypto payment system is the most route of the futu...

Today’s financial crisis has exposed some of the more fundamental flaws in our current understanding of finance, and the measures we take to manage it. The currencies they use to trade their debt have lost value against their competitors, leading to a new level of stress for financial institutions. To make matters worse, this is not the first time that the dollar has been used as the currency of international trade. In fact, since its inception, the dollar has served as the international stan...

Today’s financial crisis has exposed some of the more fundamental flaws in our current understanding of finance, and the measures we take to manage it. The currencies they use to trade their debt have lost value against their competitors, leading to a new level of stress for financial institutions. To make matters worse, this is not the first time that the dollar has been used as the currency of international trade. In fact, since its inception, the dollar has served as the international stan...

Kanye West got kicked out of JP Morgan Bank and forced to close the bank account. Then West is seeking Satoshi for help. It reminds us that we will be victims someday, and our bank accounts can vanish for no reason. https://twitter.com/BitcoinMagazine/status/1582059550793834496 We probably will never know why JP Morgan closed Kanye West's bank account unless one of the parties reveals the reason, which I suspect they will. But it reveals the bank's power of financial censorship that...

Kanye West got kicked out of JP Morgan Bank and forced to close the bank account. Then West is seeking Satoshi for help. It reminds us that we will be victims someday, and our bank accounts can vanish for no reason. https://twitter.com/BitcoinMagazine/status/1582059550793834496 We probably will never know why JP Morgan closed Kanye West's bank account unless one of the parties reveals the reason, which I suspect they will. But it reveals the bank's power of financial censorship that...

The Government has the responsibility of maintaining law and order, fighting poverty, and ensuring that every citizen has access to basic services. These responsibilities are Statements on money do not include the word ‘government’. That is, since the Government does not have any governmental functions. The Government can’t spend money on things like social programs or wars. Moreover, the Government cannot create new money out of thin air. When you talk about the separation between money and ...

The Government has the responsibility of maintaining law and order, fighting poverty, and ensuring that every citizen has access to basic services. These responsibilities are Statements on money do not include the word ‘government’. That is, since the Government does not have any governmental functions. The Government can’t spend money on things like social programs or wars. Moreover, the Government cannot create new money out of thin air. When you talk about the separation between money and ...

Yes, Metaverse is dying along with NFTs, and both liquidities are drying up. https://twitter.com/CoinDesk/status/1579505063155769347 There are only 38 active users in Decentraland and 522 in Sandbox. So why is their valuation near billion dollars ($1.3B for each)?What’s the future of Metaverse?https://twitter.com/LilMoonLambo/status/1579589996411260930 The short answer is there has little incentive for Metaverse that users are likely to choose in the future. If anything can be done in the phy...

Yes, Metaverse is dying along with NFTs, and both liquidities are drying up. https://twitter.com/CoinDesk/status/1579505063155769347 There are only 38 active users in Decentraland and 522 in Sandbox. So why is their valuation near billion dollars ($1.3B for each)?What’s the future of Metaverse?https://twitter.com/LilMoonLambo/status/1579589996411260930 The short answer is there has little incentive for Metaverse that users are likely to choose in the future. If anything can be done in the phy...

Bank of England is trying to prove Satoshi's Hypothesis about the central bank's unlimited printing power to damage the entire country. https://twitter.com/documentingbtc/status/1379915656443875333 When the supply of money increases, the valuation of the currency decreases because there is a force of supply to increase the quantity of the money without possibly pushing the demand higher. It is an artificial pushing demand without the actual demand.Now, they start the self-feeding lo...

Bank of England is trying to prove Satoshi's Hypothesis about the central bank's unlimited printing power to damage the entire country. https://twitter.com/documentingbtc/status/1379915656443875333 When the supply of money increases, the valuation of the currency decreases because there is a force of supply to increase the quantity of the money without possibly pushing the demand higher. It is an artificial pushing demand without the actual demand.Now, they start the self-feeding lo...

A critical question when starting a new business venture is how to proceed without being controlled by the government or other big players? Cryptocurrency has been around for many years and its popularity has grown steadily. In fact, it’s the only digital currency that remains untaxed.That is, until now. The world of digital currency has grown so quickly that many businesses have simply been left in the lurch. Many cryptocurrency investors have become so cowed by the sheer volume of requests ...

A critical question when starting a new business venture is how to proceed without being controlled by the government or other big players? Cryptocurrency has been around for many years and its popularity has grown steadily. In fact, it’s the only digital currency that remains untaxed.That is, until now. The world of digital currency has grown so quickly that many businesses have simply been left in the lurch. Many cryptocurrency investors have become so cowed by the sheer volume of requests ...

The Proof of Stake is the initial version of a decentralized system that allows choosing which nodes will receive Merit rewards. It’s how a transaction is signed by a given user and can be checked on the network. The Proof of stake also helps build trust between validators in the system, making it more difficult for malicious users to gain access to data or steal transactions. A blockchain is a public ledger, or digital map, of all the transactions on the network at any given time. Each node ...

The Proof of Stake is the initial version of a decentralized system that allows choosing which nodes will receive Merit rewards. It’s how a transaction is signed by a given user and can be checked on the network. The Proof of stake also helps build trust between validators in the system, making it more difficult for malicious users to gain access to data or steal transactions. A blockchain is a public ledger, or digital map, of all the transactions on the network at any given time. Each node ...

There is an economic moment where digital transformation is paramount. Citizens need a digital economy that can be accessed from anywhere and anytime, via home or online. The combination of IoT and AI coupled with blockchain lies at the core of this modern digital economy. As the global financial system supports digitalization of value, so does the financial sector too. A reduced transaction fee for high volume transactions, faster transaction confirmations, enhanced security, and streamlined...

There is an economic moment where digital transformation is paramount. Citizens need a digital economy that can be accessed from anywhere and anytime, via home or online. The combination of IoT and AI coupled with blockchain lies at the core of this modern digital economy. As the global financial system supports digitalization of value, so does the financial sector too. A reduced transaction fee for high volume transactions, faster transaction confirmations, enhanced security, and streamlined...