Topic: Report plagiarism (copy/paste) here. Mods: please give temp or permban as needed - page 6. (Read 119161 times)

The launch of a BTC Spot ETF has coincided with a significant rise in BTC price. Some believe the ETF is a major driver behind this surge, with BTC price even reaching a new ATH before the upcoming halving event - a phenomenon never seen before. Adding to the bullish sentiment, Michael Saylor's company, MicroStrategy, continues to aggressively accumulate BTC. They are even engaged in a kind of arms race with BlackRock to hold the most BTC ^{[1, 2]}. Saylor's unwavering commitment to BTC has earned him the reputation of being the most prominent "diamond hands" investor in the crypto world, surpassing even El Salvador's president, Nayib Bukele, in terms of fame.

Michael Saylor has outlined the distinctions between investing in MSTR stock and a BTC Spot ETF ^[3]. While he emphasizes MSTR's advantages, the question remains: for investors, which is better - MSTR, whose value hinges heavily on its BTC holdings, or BTC itself?

• In terms of profit: MicroStrategy's investment in BTC has been highly profitable. Since starting to buy BTC in August 2020, the company's stock (MSTR) has surged over 1220%. This is a significantly higher return than the roughly 500% gain in BTC price itself over the same period. This amplified gain is due to MicroStrategy's use of debt financing to buy more BTC. This strategy, called leverage, magnifies both profits and losses. While it has driven impressive returns so far, it also increases risk if the BTC price falls.
  
  
  
• In terms of credibility: some view MicroStrategy, a well-established company, as a more credible investment than BTC itself. They believe investors gain exposure not just to BTC but also to the experience of MicroStrategy's leadership ^[4]. However, Bitcoin's strength lies in its decentralized nature. Existing for over a decade, it operates independently of any individual, company, or government. This decentralization fosters trust for many investors, myself included, compared to a traditional public company.

While investing in MSTR could potentially offer higher returns, I prioritize self-custodying my BTC for greater control over my holdings. This means I rely on my own judgment, rather than trusting someone else's decisions, even a respected figure like Michael Saylor. Saylor has publicly stated MicroStrategy has no plans to sell its BTC ^[5]. However, I believe it's a question of when, not if, such a sale might occur due to unforeseen circumstances or a strategic shift by the company.

• When will Michael Saylor and MicroStrategy sell BTC?

I would like to know your views on investing in BTC and MSTR:

• Do you choose to invest in BTC or MSTR? Why?
• Will MSTR continue to generate better returns than BTC?
• Is an investment in MSTR safer than an investment in BTC?

---

References:
[1] BlackRock and MicroStrategy in Neck and Neck Race As Firms’ Bitcoin Holdings Soar to Over $29,170,000,000 in BTC
[2] Public Companies that Own Bitcoin
[3] MicroStrategy Makes Its Case as Alternative to Spot Bitcoin ETFs
[4] Is MicroStrategy (MSTR) A Better Investment Than Bitcoin? Experts Debate
[5] Michael Saylor Suggests MicroStrategy Will Never Sell Its Bitcoin

BTC Spot ETF is having a huge impact on BTC price, it is even said to be the reason why BTC has created a new ATH before Halving - something that has never happened in the past. Besides, Michael Saylor's MicroStrategy company is also extremely famous for its BTC accumulation strategy and is racing against BlackRock in terms of the amount of BTC held ^{[1, 2]}. We can say that Saylor is the most famous diamond hands in the global crypto community at this time, even more famous than the president of El Salvador, Nayib Bukele.

Saylor has previously made clear the differences between investing in MicroStrategy's MSTR stock and a BTC Spot ETF, and of course Saylor points out the advantages of MSTR that a BTC Spot ETF cannot have ^[3]. We still have one more question: between MSTR, a stock with most of its value backed by the number of BTC held in reserve, and BTC itself, which is the better investment?

• In terms of profit: Since MicroStrategy started investing in BTC in August 2020, MSTR has increased by more than 1220%, while BTC has only increased by about 500%. Thus, the data shows that investing in MSTR generates more profit than investing in BTC, because MicroStrategy allows investors to leverage their investment with debt, which allows MicroStrategy to amplify its gains from BTC's price appreciation.
  
  
  
• In terms of credibility: Some people believe that MicroStrategy is more credible than Bitcoin because MicroStrategy is a company with a proven track record. Therefore, investors in MicroStrategy are not just investing in BTC, they are also investing in the expertise and experience of MicroStrategy's management team ^[4]. I disagree with this view. The Bitcoin network is decentralized and has existed for more than a decade. It is not dependent on any individual, organization, or government. I trust the Bitcoin network more than a public company.

So, even though MSTR could generate higher returns, I will still continue to self-custody my BTC instead of investing in MicroStrategy's MSTR and then putting my faith in Michael Saylor's decisions. And even though Michael Saylor has asserted that MicroStrategy will never sell BTC ^[5], I think the question is only "when" and not "if".

• When will Michael Saylor and MicroStrategy sell BTC?

I would like to know your views on investing in BTC and MSTR:

• Do you choose to invest in BTC or MSTR? Why?
• Will MSTR continue to generate better returns than BTC?
• Is an investment in MSTR safer than an investment in BTC?

---

References:
[1] BlackRock and MicroStrategy in Neck and Neck Race As Firms’ Bitcoin Holdings Soar to Over $29,170,000,000 in BTC
[2] Public Companies that Own Bitcoin
[3] MicroStrategy Makes Its Case as Alternative to Spot Bitcoin ETFs
[4] Is MicroStrategy (MSTR) A Better Investment Than Bitcoin? Experts Debate
[5] Michael Saylor Suggests MicroStrategy Will Never Sell Its Bitcoin

---

Note:

• My opinion was posted first in that topic, on Bitcointalk
• I leave the source link to avoid plagiarism accusation.
• I excluded/ included minor things from an original thread ^{if necessary}.

Suspended Senator Ningi Resigns

Senator Abdul Ningi has resigned his position as the chairman of the Northern Senators Forum (NSF).

This comes barely an hour after Ningi was suspended for three months for alleging that the 2024 budget had been padded with illegal projects worth over N3 trillion.

Earlier, Senator Jimoh Ibrahim moved the motion for Ningi’s suspension for 12 months over allegations of criminal misinformation and breach of peace in the National Assembly and the country by extension.

But Senator Asuquo Ekpenyong moved for the amendment of the motion by Ibrahim.

Ekpenyong, who is from Cross River South Senatorial District; and Senator Abdulfatai Buhari from Oyo North prayed for the reduction of the suspension to six and three months respectively.

Akpabio, who described Ningi’s offences as “grievous”, conducted a voice vote during which most of the lawmakers voted in support of Ningi’s suspension for three months.

In an interview, Ningi had claimed that the Federal Government is operating two versions of the 2024 budget and that the N28.7 trillion Budget passed and signed into law by President Bola Tinubu was skewed against the north.

on February 27, 2024, Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), said $26 billion passed through Binance Nigeria from unidentified sources in one year.

Cardoso said the apex bank is collaborating with the SEC to ensure there is no manipulation in the FX market.Nigeria intensified its crackdown on cryptocurrency by detaining two executives of Binance, the prominent crypto trading platform that authorities allege enabled the naira currency’s slide to record lows this month.

The arrest, first reported by the Financial Times on Wednesday, follows a move last week that saw telecom providers shut off user access to the websites of Binance, Coinbase and other crypto exchanges. Crypto platforms have been scaling down services in Nigeria in the period since. On Wednesday, Binance stopped offering peer-to-peer trades that allowed users to exchange the naira for USDT, a digital currency pegged to the U.S. dollar.
The federal government probably are looking for recognition and partnership with binance maybe you  tell ,. They feel that binance makes a whole lot of money from Nigerians with no accountability

The current inflation in Nigeria is more of 'supply driven' inflation than a 'demand driven' one. Policy rate adjustments as a tool becomes ineffective when an inflationary trend is dominantly supply driven. We tend to often argue that our inflation is caused by excess money supply in the system chasing too few goods.

The devaluation of the naira is a top driver of inflation as it leads to higher import costs that ripple through the economy and affect production costs and other supply chain dynamics. This has resulted in elevated costs for machinery, fertilizers, and other inputs for farmers, which can result in higher food prices.

Growing Bitcoin Adoption in Africa’s Economy
Africa, with its unique economic landscape and diverse set of challenges, has embraced Bitcoin as a potential solution to longstanding problems. The limited access to traditional financial services, high remittance costs, and currency instability in several African countries have fueled this adoption. A prime example of this trend is observed in Nigeria, where a tech-savvy population and substantial remittance inflow have catapulted the country to the forefront of Bitcoin adoption on the continent.

The adoption of Bitcoin in Africa has far-reaching implications. It has not only revolutionized the way people engage in financial transactions but also disrupted the traditional norms of investment and wealth management. Through our extensive analysis and case studies, we have uncovered a multitude of trends arising from Bitcoin adoption in various African economies.

One key revelation is the potential for Bitcoin to provide an alternative form of financial inclusion in regions with limited access to banking services. This digital currency has brought forth a new paradigm where individuals can securely store and transfer wealth without being hindered by traditional banking constraints.

I dont want to recover that acc, I want to flag the account or even get it banned. Just to raise awareness. I registered today bc i wanted to search something in the forum. I dont have my keys anymore to do my PGP, sorry about that, I just want to flag that old account, I even bet he cant even speak spanish (Im from Mexico).
Don't trust that stolen account.

FOMO in the crypto world occurs when a person makes an irrational decision to trade or invest in a crypto asset based on some piece of information received without properly verifying the source and or accuracy of it.
FOMO in cryptocurrency leads people to buy assets at their highest prices or even sell them at their lowest, rather than vice versa, which would be better advised. Sometimes, the consequences of crypto FOMO can be worse and more profound than a loss of invested capital-it can lead to damaging situations such ass disconnection from family, anxiety, and depression.

  Seed phrase is a connected series of numbers of 12 or 24 set of words that gives information needed to recover a missing or damaged cryptocurrency wallet,which is best known as security measures for digital asset held ones personal possession.

   Seed phrase and private keys perform two different function which are,
° A seed phrase has to do with fingerprint of all your Blockchain assets that can be use as backup for you,Incase you lose your crypto wallet, While Private key links you solely to your Blockchain address.

   The seed is your secret recovery phrase,that backup all private keys stored in your crypto wallet which accept you to get back all your blockchain addresses always without the original crypto wallet.

   When a hardware wallet is broken it needs you to get back your real seed phrase to another able to be used together device, almost the same as to a forgotten pin.
When your hardware wallet is missing or stolen, you have to buy a substitute.

A seed phrase is a sequence of 12 or 24 random words that provide the information required to recover a lost or damaged cryptocurrency wallet. It is also referred to as a mnemonic phrase and is best understood as a security measure for digital assets held in personal custody.

Your private key is what links you uniquely to your blockchain address, while your seed phrase is a fingerprint of all your blockchain assets that you can use as a back-up if you lose your crypto wallet.

I can confirm that account is stoled, It was my old account that I dont have access anymore, I dont know how long my account has been stoled. I can confirm it by old mails and proofs, I dont want my old account back, i dont care tbh, but i dont want anyone to impersonate me.

If you can check my 2013 writing to this writing now is clear its not the same person, bc I was the old owner.

I dont want to recover that acc, I want to flag the account or even get it banned. Just to raise awareness. I registered today bc i wanted to search something in the forum. I dont have my keys anymore to do my PGP, sorry about that, I just want to flag that old account, I even bet he cant even speak spanish (Im from Mexico).

Don't trust that stolen account.

Check the active time too, not even in Mexico timezone.

So you just registered today to tell has that your account got compromised after it came under fire, where were you to tell us that your account was stolen back then? All of a sudden, you are now concerned about anyone impersonating you? How convenient.

I don't believe you.

I can confirm that account is stoled, It was my old account that I dont have access anymore, I dont know how long my account has been stoled. I can confirm it by old mails and proofs, I dont want my old account back, i dont care tbh, but i dont want anyone to impersonate me.

If you can check my 2013 writing to this writing now is clear its not the same person, bc I was the old owner.

-----BEGIN BITCOIN SIGNED MESSAGE-----
My account has been hacked/lost. Please reset the email to . The current date is .
-----BEGIN SIGNATURE-----


-----END BITCOIN SIGNED MESSAGE-----

Here is the unedited post where I posted that address: ...

I can confirm that account is stoled, It was my old account that I dont have access anymore, I dont know how long my account has been stoled. I can confirm it by old mails and proofs, I dont want my old account back, i dont care tbh, but i dont want anyone to impersonate me.

If you can check my 2013 writing to this writing now is clear its not the same person, bc I was the old owner.

So you received a knowledge update in January 2024? What was that like? Did they put a plug into the back of your skull like they did in the Matrix, and all the sudden you are equipped with all this new knowledge?

This is exceptionally dumb and you should definitely be banned.

Despite what people say, there is such a thing as a STUPID QUESTION.

The human animal has gotten pretty good at declaring one thing and then acting according to a totally different pattern.

One of such instances is where people say “Feel free to ask anything. There are no stupid questions”

Yes, there are. Don’t fall for it.

Once the words have left your lips, you will be branded as ‘that guy/girl’.

Rule of thumb: If you can just Google it, don’t ask.

What to do instead?

In the real world, you have a limited quota for questions (2-3), with which you must demonstrate that you’re someone that can be depended on to be effective, now or in the future.

Use your quota to demonstrate that. If you can Google it, don't ask.

Understand this...

Your rich friend doesn't want to do business with you right now - he wants to do friendship with you on the long term. Stop pitching business ideas to him. Believe me, he has thought about most of the ideas you are bringing to him or someone else has pitched those ideas.

He has enough business partners - he just has a few friends. Be his friend.

If he chooses you as a friend, stop wishing that your next breakthrough will come from that connection. No. Just be a friend and stop the economic discrimination against rich people.

One day, he will be the one to bring up a business idea. But make sure that you make financial sacrifices which must be visible - no matter how small. It could be a million USD project, put in the $100 for designing and printing materials. He will judge you a good partner and that's how to end up in bed with your friend financially.

This may take years but be a faithful friend.
Don't have ulterior motives.
Genuinely care.

You are not poor - carry yourself as a rich person.

offer investors and traders a lower-cost alternative to more expensive stocks. Despite the misperception that lower-priced stocks carry more risk, the risk profile of many stocks under $20 compares favorably with stocks trading at much higher prices, as does the opportunity for profiting from investing in them. At the same time, you may need to be patient because $20 per stock can constitute quite a lot of money before the asset finally begins to rise, meaning that you may feel locked into these positions.

In addition, well-established stocks under $20 often pay dividends, which can be ideal for income-minded investors. Some stocks under $20 even have listed options, which can give you additional avenues of income if you wish to sell covered call options. You may also choose to buy and hold because, even though the price is just under $20, you see quite a lot of growth potential in these assets or the growth of your portfolio at-large.

Now my question is how can someone make it out with $20

When you are traveling long distance by road, there is a common practice among drivers, they stop somewhere along the journey to rest.

As they’re resting, they give you time to eat, piss and stretch your legs. Then they wait for everyone to get back into the bus and continue the journey.

Now I’m saying this to you that it is okay to pause the hustle and rest. No matter how hard you are working towards a goal, take some time off and rest, cool your engines and refresh. It doesn’t mean that you’ve quit on the dream, it means you’re resting.

The bus driver going from Port Harcourt to Abuja does not get tired in Enugu and says he’s not going again and goes back to Port Harcourt. Instead, he rests.

It is okay to rest and continue later. It doesn’t mean you have failed. It means you rested. Rest is healthy. Even God worked for 6 straight days and took the seventh day to rest.

It’s okay to take a break. Just don’t quit.

Economic growth can be referred to as the increase that is witnessed in the monetary value of all the goods and services produced in the economy during a time period. It is a type of quantitative measure that reflects the potential increase in the number of business transactions taking place in the economy.

It can be measured in terms of the increase in the aggregate market value of additional goods and services produced by using economic concepts such as GDP and GNP.

Growth means only increase in national income while development means not only increase in national income but also increase in employment level, standard of living, literacy rate, reduce income inequality and many more indicators.

In the Republic of El Salvador the world’s first country where Volcano Energy and Luxor Technology Corporation have partnered to open a new infrastructure for bitcoin mining based on geothermal energy.
In a public-private partnership, the government of El Salvador has launched new renewable energy projects to establish a mining pool. Development on geothermal energy.

One interesting development that combines infrastructure investment with international business partnerships is the Lava Pool. A public-private partnership launched in October 2023 to mine Bitcoin with geothermal energy. The second-largest city Metapan where preliminary mining pool is powered by solar and wind energy. But their goal was to substantial volcanic activity.

The bill was presented November-2022 name:  “volcano bonds”.

Actually the goal of the bill was attract experienced foreign firms to help provide know-how to help El Salvador to be the financial center of Central and South America.  And June-2023 of the next year these incentives had attracted some customers. Due to the government substantial investment in this project 23% of the miners proceeds will be paid back to the government. These funds are the ones that will go towards the geothermal facilities.

El Salvador up for business to multinational corporations but to genuinely create a greater Bitcoin community and economic infrastructure within the country. These initial power sources already operational and running the Lava Pool.

Now a day many of Salvadorans have not incorporated Bitcoin for daily transactions.El Salvador has created the incentive for experienced investors to create a new infrastructure.
All the ingredients to create a Bitcoin community as diverse and energetic as the industry is known for. Even as it has already started operations. The Lava Pool is still in its relative infancy and it has so far to go from here.

As the world's largest cryptocurrency, Bitcoin, has gained impressive success and continues to soar in popularity. Bitcoin has to offer investors, including its continuous growth, consistent track record, liquidity, low inflation risk, and simplified trading. The data shows that the number of Bitcoin users grew by 44% in just one year, and there are currently 100 million Bitcoin wallets with value. Additionally, Bitcoin has consistently surpassed its all-time highs and is considered an inflation hedge due to its limited supply. Its ease of trading makes it accessible to investors of all experience levels. Some of the reasons for acquiring Bitcoins are as follow:

Continuous growth: According to data, the number of Bitcoin users grew from 45 million in January 2020 to 65 million in January 2021 - a 44% increase in just one year! Currently, there are approximately 100 million Bitcoin wallets with value, with 1 million users transacting Bitcoin each day.

Track record: Bitcoin has consistently surpassed its most recent all-time highs, achieving full recovery after a price crash or other setbacks

Liquidity: Bitcoin can easily be traded for cash or assets like gold - instantly and with incredibly low fees. This makes Bitcoin a great investment for people looking for short-term profit, as well as those considering long-term investment due to its high market demand.

Lower inflation risk: Unlike world currencies that are regulated by their governments, Bitcoin is not susceptible to inflation. In fact, it's considered an inflation hedge because of its limited supply that is not influenced by its price.

Volatility: Bitcoin's price is highly volatile, leading to significant fluctuations in short periods. This volatility can make people hesitant to invest or trade in Bitcoin, as the value can change rapidly, resulting in potential losses.

It’s no surprise that people who understand and know how cryptocurrency works believe in its use and more importantly trust that it will be worth investing their hard-earned money in — but what about the rest? Unless you’ve been living under a crypto rock for the past few years, you’ll know that there’s a good amount of people who actually don’t trust cryptocurrency and refuse to engage in any activity that has to do with it. Before you start dismissing and ignoring these critics, make an effort to understand their point of view and where they’re coming from, as it will lead to a much more productive conversation

It’s no surprise that people who understand and know how cryptocurrency works believe in its use and more importantly trust that it will be worth investing their hard-earned money in — but what about the rest? Unless you’ve been living under a crypto rock for the past few years, you’ll know that there’s a good amount of people who actually don’t trust cryptocurrency and refuse to engage in any activity that has to do with it. Before you start dismissing and ignoring these critics, make an effort to understand their point of view and where they’re coming from, as it will lead to a much more productive conversation. Let’s discuss some of the main reasons why crypto critics are so quick to dismiss cryptocurrency and all that it entails.

A new category of malicious tools has been gaining popularity with crypto scammers lately: crypto wallet drainers.
This post will explain what crypto drainers are, how they work, what makes them dangerous — even for experienced users — and how to defend against them.

1. A crypto drainer — or crypto wallet drainer — is a type of malware that’s been targeting crypto owners since it first appeared just over a year ago. A crypto drainer is designed to (quickly) empty crypto wallets automatically by siphoning off either all or just the most valuable assets they contain, and placing them into the drainer operators’ wallets.

2.As an example of this kind of theft, let us review the theft of 14 Bored Ape NFTs with a total value of over $1 million, which occurred on December 17, 2022. The scammers set up a fake website for the real Los Angeles-based movie studio Forte Pictures, and contacted a certain NFT collector on behalf of the company. They told the collector that they were making a film about NFT. Next, they asked the collector if they wanted to license the intellectual property (IP) rights to one of their Bored Ape NFTs so it could be used in the movie.

3.According to the scammers, this required signing a contract on “Unemployd”, ostensibly a blockchain platform for licensing NFT-related intellectual property. However, after the victim approved the transaction, it turned out that all 14 Bored Ape NFTs belonging to them were sent to the malicious actor for a paltry 0.00000001 ETH (about US¢0.001 at the time).

How crypto drainers work

Today’s drainers can automate most of the work of emptying victims’ crypto wallets. First, they can help to find out the approximate value of crypto assets in a wallet and identify the most valuable ones. Second, they can create transactions and smart contracts to siphon off assets quickly and efficiently. And finally, they obfuscate fraudulent transactions, making them as vague as possible, so that it’s difficult to understand what exactly happens once the transaction is authorized.

Armed with a drainer, malicious actors create fake web pages posing as websites for cryptocurrency projects of some sort. They often register lookalike domain names, taking advantage of the fact that these projects tend to use currently popular domain extensions that resemble one another.

Then the scammers use a technique to lure the victim to these sites. Frequent pretexts are an airdrop or NFT minting: these models of rewarding user activity are popular in the crypto world, and scammers don’t hesitate to take advantage of that.



Scammers have also been known to place ads on social media and search engines to lure victims to their forged websites. In the latter case, it helps them intercept customers of real crypto projects as they search for a link to a website they’re interested in. Without looking too closely, users click on the “sponsored” scam link, which is always displayed above organic search results, and end up on the fake website.

The popularity of drainers among crypto scammers is growing rapidly. According to a recent study on crypto drainer scams, more than 320,000 users were affected in 2023, with total damage of just under $300 million. The fraudulent transactions recorded by the researchers included around a dozen — worth more than a million dollars each. The largest value of loot taken in a single transaction amounted to a little over $24 million!

How to protect against crypto drainers

• Don’t put all your eggs in one basket: try to keep only a portion of your funds that you need for day-to-day management of your projects in hot crypto wallets, and store the bulk of your crypto assets in cold wallets.
• To be on the safe side, use multiple hot wallets: use one for your Web3 activities — such as drop hunting, use another to keep operating funds for these activities, and transfer your profits to cold wallets. You’ll have to pay extra commission for transfers between the wallets, but malicious actors would hardly be able to steal anything from the empty wallet used for airdrops.
• Keep checking the websites you visit time and time again. Any suspicious detail is a reason to stop and double-check it all again.
• Don’t click on sponsored links in search results: only use links in organic search results – that is, those that aren’t marked “sponsored”.
• Review every transaction detail carefully.
• Use companion browser extensions to verify transactions. These help identify fraudulent transactions and highlight what exactly will happen as a result of the transaction.

Since Satoshi Nakamoto invented Bitcoin in 2008, the cryptocurrency and blockchain industry has experienced several bull markets, each accompanied by the birth of new technological models. Each new technological breakthrough has led the market, attracting investors' attention and forming new hotspots. In this process, countless innovative projects have emerged. Although the hotspots are complex, overall, it is technological innovation that has driven the development of the industry. It becomes particularly important to comb through the development trajectory of the industry in the face of investment institutions' demand for predictions.

We believe that only genuine innovative models can lead the industry forward, and those projects that merely replicate, follow trends, or rehash old ideas cannot become industry leaders. The development of the industry mainly revolves around the innovation and evolution of two types of models: asset models and trading models.

Innovation in Asset Models
The first-generation asset model, led by Satoshi Nakamoto's Bitcoin (BTC), spearheaded the wave of decentralized digital currencies. Subsequently, projects with unique functions like Peercoin (PPCoin), Primecoin, and Colored Coins emerged. However, no matter how these projects added novel features, they could not escape Nakamoto's basic infrastructure—distributing new digital currencies through mining or other mechanisms.

The second-generation asset model was born from the emergence of Ethereum and the introduction of smart contracts, leading to the creation of ERC20 tokens. These tokens no longer required an independent blockchain but operated on Ethereum's consensus mechanism. Due to their ease of use, ERC20 tokens quickly gained market recognition and became the main actors of the 2015-2017 bull market.

The third-generation asset model is represented by NFTs (Non-Fungible Tokens), ERC721 tokens. NFTs shone brightly in the 2020-2021 bull market, driving a large number of artists and creators to join the blockchain industry.

Recently, inscription tokens based on the Bitcoin network have become a new rising force. This asset model maintains the same fairness characteristics as Bitcoin, attracting the attention of a large number of investors, indicating that it may lead to a new bull market.

Asset models have undergone several rounds of innovation, increasingly reflecting the innovative spirit of the cryptocurrency community, although driven by the demand for coin speculation. The biggest problem with asset models is that merely creating a new asset is hard to gain mainstream capital support. Although countless ordinary retail investors flock to it, institutional funds rarely hold more interactive or guaranteed token assets in large scale. This also shows that pure asset model innovation is not enough to support the entire industry.

Evolution of Trading Models
The innovation of trading models provides more on-chain interactions and application scenarios, attracting the attention of institutional investors. The trading model has evolved from off-chain to on-chain, from simple to complex, and from traditional financial paradigms to blockchain paradigms.

ICO (Initial Coin Offering) is a milestone in trading models, making it possible to finance projects through token exchanges. Despite its simplicity, ICOs still attracted a significant participation of institutional investors in the 2015-2017 bull market.

Subsequently, the industry's demand for on-chain matching trading models led to the birth of the AMM (Automated Market Maker) model. The AMM model was widely popular in the 2020-2021 DeFi boom, adopting this model for spot, derivatives trading, and lending.

However, the AMM model is not the best paradigm for derivatives trading and does not reflect the decentralized spirit of blockchain algorithmic pricing and risk sharing. Therefore, the new SCP (Smart Contract Counterparty Model) was created: an algorithmic pricing model where all traders act as buyers, and the contract is the only seller. This model solves the two major problems of pricing and liquidity, eliminating the need for matching and market makers, and providing a commission-free, slippage-free, unlimited liquidity trading experience, a revolutionary change to the traditional financial paradigm.

In summary, we expect the new bull market to be ignited by new asset models, stimulating industry enthusiasm, followed by new trading models leading the industry to further development. More professional institutional investors will enter the industry, forming a large market that can compete with traditional finance. In this process, technological innovation will be the core and key to driving the development of the industry.

Individuals and organizations use cryptography on a daily basis to protect their privacy and keep their conversations and data confidential. Cryptography ensures confidentiality by encrypting sent messages using an algorithm with a key only known to the sender and recipient.

When it comes to equipment, the best choice for a mining farm would be ASIC (Application-Specific Integrated Circuit) miners, as they offer high hash rates and energy efficiency compared to traditional GPU miners. Some popular ASIC miner brands include Bitmain, Canaan, and MicroBT. It's important to research and compare different models to find the best fit for your mining operation in terms of hash rate, power consumption, and cost.

In addition to the mining hardware, a robust cooling system is essential to prevent overheating and ensure the longevity of your equipment. There are several cooling options available for mining farms, including air cooling, liquid cooling, and immersion cooling. Air cooling is the most common method and involves using fans and ventilation systems to dissipate heat from the miners. Liquid cooling uses water or other coolants to directly cool the miners, offering better thermal efficiency but requiring more maintenance. Immersion cooling submerges the miners in a non-conductive liquid to efficiently remove heat, but it can be more expensive to implement.

Overall, choosing the right equipment and cooling system for your bitcoin mining farm is crucial for maximizing profitability and ensuring the longevity of your operation. Conduct thorough research, consult with experts in the field, and consider factors such as hash rate, energy efficiency, and cooling capacity to make informed decisions for your mining venture.

So the conclusion, there are several causes of inflation are increased demand, increasing money in circulation, increased production costs, mixed inflation, and as a result of community behavior. Meanwhile, the impact of inflation between it on income, calculation of basic prices and interest in saving. On the other hand how to overcome inflation can be done with several policies, namely monetary, physical and non monetary.

Insurance is basically an agreement between the insurance party and the customer. In insurance, the guarantor provides coverage or replacement if something happens to the insured or his property in accordance with the agreement previously agreed upon. In short, the insurance company will provide a replacement to the customer if something unexpected happens.
There are several important objectives in insurance. The first can protect life and protect assets. When there is a risk such as being hospitalized, it is not uncommon for life and assets to be victims. Therefore insurance can protect the lives and assets owned by their customers. So the customer does not need to treat assets because insurance has bear the cost. Secondly, it can provide financial protection and long -term security. Many people still think that insurance cannot be used now, but the fact that insurance aims to protect financial in the long run, so customers do not need to worry because our finances will be safe. And the third, can reduce the impact of losses due to unexpected events, especially in terms of financial. Insurance can minimize sudden impacts. For example, customers who die, the heirs of the customer will get the sum insured as a provision for the next life.
Behind the insurance objectives above, there are also some benefits of insurance. First, financial protection. Natural disasters, accidents and others require a lot of funds. Therefore insurance provides benefits in the form of financial protection so that customers will still be able to meet their needs. Secondly, health protection. Having insurance means that customers have the opportunity to get good quality medical access to carry out outpatient care and even hospitalization. Third, insurance can provide life protection, insurance is also beneficial for customers who have the status of a life fighter. The heirs will get access in the form of assistance or the benefits of death from insurance that has been paid by the customer before he died. Fourth, education insurance. High education costs are always increasing to make parents worry. And the solution they can open insurance to provide educational plans for their children. And finally, insurance can be preparation for retirees. Insurance provides benefits in the form of preparation of pension funds so that the needs of old age will be fulfilled.

In the casino game, the players ride cash or casino chips. Casino games can also be played outside the casino to aim at entertainment such as in Persta or Competition, which some in the machine simulate gambling.
There are three general categories of casino games, namely:
1. Game machines, such as slots and Pachiko, are usually played by one player in one Watu and does not require the involvement of casino workers to play.
2. Table games, such as blackjack or dice, which involves one or more players who compete against the casino dealer themselves than each other.
3. Random game, this can be played on the table or through the purchase of paper tickets or cards like Keno or Bingo.

Gambling addiction in casinos is a serious condition that can have a negative impact on various aspects of life, such as in mental health, relationships, finance, and welfare. Both online gambling and casinos have the potential to trigger addiction, and overcoming this problem must involve a deep understanding of this condition, social support, and efforts to become a strong pradi. Yes, because, basically online and offline gambling games such as casino defeat and victory have been arranged at the beginning of gambling/casino dealers.