This is one of the reasons why we are not yet prosperous. To understand Bitcoin we have to understand money. Money is a tool for transferring value, value should be the result of supply and demand.
So there is no such thing as a stable coin. What exists is that the coins are kept as a reference. There is no stable currency.
In 97 George Soros saw that the dead money in Asia had no basis and was full of empty letters.
At that time the Thai Baht was pegged to the dollar, but because the dollar continued to strengthen, the fluctuations were absorbed by the state, and Soros shorted 1 billion Thai baht dollars, hoping that the dollar pegging would collapse.
And it's true that not long after, Thailand let go of its peg with the dollar and the liquidity crisis spread to make Pres. Suharto was in debt to the IMF. Because we don't have liquidity. Why is it that if you work at McD in Chicago, USA the salary is 20$ per hour, but here it is $300 per month? Even though the price of the chicken is more or less the same.
🤷🏻♂️🤷🏻♂️🤷🏻♂️ Because some of our liquidity is taken without us realizing it.
Controversial TRON founder Justin Sun added another position to his growing list of professional jobs, and is now listed as the Prime Minister of Liberland, a self-proclaimed sovereign state located in Europe, specifically between the borders of Croatia and Serbia.
Sun is elected as Prime Minister of a micronation According to local reports, cited by several specialized media, the Liberland government indicated that Sun, along with businessman Evan Luthra, journalist Jillian Godsi, former Croatian politician Ivan Pernar and information technology professional Dorian Stern Vukotić, They were selected to join the country's Congress.
The election of Sun and his colleagues from the Liberland Congress occurred in a vote held on October 5. As detailed by Cryptopolitan , TRON's controversial founder replaced Vít Jedlička, a Czech politician who founded Liberland in 2015, and took over as Prime Minister of the self-proclaimed sovereign nation, on the premise that the city should become a “center of libertarianism .
” On Sun's resume, this would be his second diplomatic post. Previously, he served as Grenada's ambassador to the World Trade Organization (WTO), a position he held between 2021 and 2023, although his departure was surrounded by some controversy. #trx
Satoshi Nakamoto is reportedly Bitcoin Core developer Peter Todd, according to HBO
The main piece of evidence HBO presents is that Peter Todd left a strange comment on Satoshi's post in 2010, allegedly forgetting to switch accounts. 😳 However, this is more of an ancient legend, unverified by facts.
Other arguments are downright laughable:
▪️Satoshi posted on a schedule that coincides with a student’s, posting more on weekends. At that time, Todd was a student. 😁
▪️Todd implemented the "replace-by-fee" (RBF) concept, which was discussed in a thread on the same forum. Todd used the alias "John Dillon" to promote RBF. 🤔
▪️Both used British/Canadian spelling.
▪️At one point, Todd discussed "donating" BTC — it's suggested this refers to Satoshi's coin destruction. 🤯
Peter Todd himself denies any involvement in the creation of BTC.
The market has not reacted to the "revelation" of Satoshi Nakamoto's identity. 🤷
Here's what sets the #InternetComputer apart from other blockchains👇
🧵1/6
Scalability
ICP scales by adding subnets, each hosting thousands of canisters.
These subnets communicate smoothly, ensuring massive data handling and network efficiency.
🧵2/6
Chain-Key Cryptography
Enables fast consensus, easy node addition, and secure interaction with other blockchains like #BTC and #ETH.
🧵3/6
Canister Smart Contracts
Canisters combine code and data storage for complex apps, and use asynchronous messaging for faster, more efficient performance.
🧵4/6
Decentralized Governance
ICP’s Network Nervous System (NNS) allows token holders to govern the network, while dapps can adopt custom governance using the Service Nervous System (SNS).
🧵5/6
Full Decentralization
ICP operates entirely through decentralized nodes worldwide, ensuring no central authority controls computation or storage.
🧵6/6
Web-Speed Performance
ICP delivers low-latency, high-speed performance, enabling decentralized apps to run as fast as traditional web apps.
Energy Infrastructure Tipped to Be the Next Big Bet for AI Investors According to analysts ‘ projections, energy infrastructure is expected to be the next big area of focus for AI investors as they seek to power the highly energy-consuming data centers. This comes as the demand for AI products and services continues to grow, subsequently pushing the demand for electricity to power data centers. According to the Financial Times, this is creating a new class of attractive businesses, that is energ
Integrating multiple blockchain networks for a single decentralized application can be complex and inefficient, demanding adaptation to different programming models, transaction costs, and settlement times🥲
ICP's Chain Fusion technology simplifies this by enabling seamless interaction across blockchains like Ethereum and Bitcoin without relying on vulnerable cross-chain bridges. Through native and RPC integrations, and secure threshold signing, developers can leverage the best features of each network while providing users with a unified experience😎
Projects like ChainKeyX and Loka Mining demonstrate how Chain Fusion enables DeFi over Bitcoin and enhances Bitcoin mining economics, showcasing the potential for innovation and #ICP $ICP #chainfussion