EP 103 - #Web3KiDuniya
In tonight's special episode, @simplykashif & @impranavm_ discuss the best practices to store crypto with @rohanagarwal94 , Founder & CEO of @CypherockWallet .
Set Your Reminders
: 8PM, TONIGHT
: https://youtu.be/LZ43oGONTZU#Crypto#Ethereum
When it comes to differentiating between securities & commodities, where does #Bitcoin and rest of the #cryptocurrencies stand, what are the major differences?
Earlier BIS had suggested that all the banks in the world can hold up to 2% of capital in crypto ( most likely Bitcoin) starting 2025.
EU🇪🇺 said ok but on a condition:
1 EURO need to be kept aside as a reserve for 1 EURO invested in crypto.
To be on the safer side.
Huge‼️
Last week me and @simplykashif completed 100 episodes of #Web3KiDuniya
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Here's a thread on how we grew up on ur mission to Educate the Indian masses on #Web3
Most employees feel insecure in their job which restricts their potential. Three ways to overcome that insecurity are:
1) 12-month salary as spare cash.
2) 0 EMI.
3) A side hustle, even if it is not revenue-generating. Like writing a blog or content building.
Try it!
The most lucrative job in the world is money printing. Everyone wants to try their hand at that.
Different types of metals were pitched against gold but couldn't survive the test of time.
The same goes for Bitcoin as many duplicate copies will be sold to the public and fail.
We as humans are not encouraged to think exponentially.
This is also one of the reasons that we continue to ignore the exponential potential of new technologies in their early days and Bitcoin is one of them.
Start to think exponentially.
People who will never understand Bitcoin:
🔹Who can mint money at will.
🔹Who has never faced any kind of discrimination.
🔹Who doesn't believe in questioning.
🔹Who is happy in their comfort zone.
It is a waste of time to make them understand.
Cryptocurrency lender Genesis Global Capital filed for Chapter 11 bankruptcy protection in the US 🇺🇸.
More Pain incoming? 📉😱
Watch this exclusive update by
Nigerians cannot withdraw more than 500000 Nigerian Naira (Equal to INR 88,230) per week across all channels (ATM, Cheques, Credit Card, etc).
The Nigerian Govt. has taken this step to push CBDC as they plan to go cashless in 2023.
EP 101 - #Web3KiDuniya@simplykashif & @impranavm_ in this special episode, discuss Proof of Reserves with @ashish343 , co-founder, @CoinSwitch
Set Your Reminders
: 8PM, TONIGHT
: https://youtu.be/hcwPHxqgVPU#Crypto#Web3
Iran and Russia Consider Issuing Gold-Backed Stablecoin.
If this turns out to be a success then you will see countries racing toward filling their bags with gold.
🇮🇳 is dependent on the import of gold, RBI gold reserve are much lesser in comparison to others.
Alternative?
Illiquid supply is defined as entities that hold over 75% of the bitcoin they deposit to an address.
78% of BTC supply is illiquid.
In 2022, 572,118 bitcoin worth $9.6 billion left exchanges, marking it the largest annual outflow of bitcoin in BTC terms in history.
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By deploying more machines and investing in expanded infrastructure, bitcoin miners demonstrate that they are more bullish than ever.
The last time the bitcoin price was in a similar range in 2017, the network hash rate was one-fifth of current levels.
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