Download copy from here Why Warfare? - Is War Worth It? - Episode #1

Youtube link: https://www.youtube.com/watch?v=IpVUkMCcTNg

Download copy from here Zig Zag Zen - The Zen Perspective On Psychedelics

Youtube link: https://www.youtube.com/watch?v=3pcPZbEh8S0

Download copy from here Zig Zag Zen - Buddhism in America, A High History

Youtube link: https://www.youtube.com/watch?v=UtUKfS76FY4

Download copy from here Werner Heisenberg - Religious & Scientific Truth

Youtube link: https://www.youtube.com/watch?v=b-SwVSdL9go

Download copy from here Douglas Hofstadter - Strange Loop Safari

Youtube link: https://www.youtube.com/watch?v=1xzZ02TDajc

Stream from here Rupert Sheldrake Questions Materialism

Download from here Rupert Sheldrake Questions Materialism

Youtube link: https://www.youtube.com/watch?v=h3TFv9SlnP4

Download copy from here Aldous Huxley - Man And Reality

Youtube link: https://www.youtube.com/watch?v=wz4Dd_rXCII

Download copy from here Ram Dass - How To Accept Yourself

Youtube link: https://www.youtube.com/watch?v=HOuB1xFF8nM

Download copy from here Erwin Schrödinger - The Mystic Vision

Youtube link: https://www.youtube.com/watch?v=GyBnCtzj0Zo

Download copy from here Leo Gura - The Collective Ego

Youtube link: https://www.youtube.com/watch?v=HXHVo5pZscw&feature=youtu.be

Download copy from here The Magic In Your Mind - Self Mastery

Youtube link: https://www.youtube.com/watch?v=pKfZ0vTKWPU

Download copy from here Leo Gura - Growing In Times Of Crisis

Youtube link: https://www.youtube.com/watch?v=oQWlyRhRHSE

Download copy from here Alan Watts :: What Is The Self ?

Youtube link: https://www.youtube.com/watch?v=ekwg-rQS6mU&feature=youtu.be

Download copy from here Carl Sagan - The World Is A Unity

Youtube link: https://www.youtube.com/watch?v=n-pUPax9tGU

Download copy from here Aldous Huxley - The Metaphysics of Suffering

Youtube link: https://www.youtube.com/watch?v=pS9o3qdfOOU

Download copy from here CELEBRATE YOUR UNIQUENESS

Youtube link: https://www.youtube.com/watch?v=scfWnFxHvYQ

Download copy from here Was Normal As Good As We Thought It Was?

Youtube link: https://www.youtube.com/watch?v=46dT8P5DkKM

Download copy from here Ram Dass - Overcoming Pain And Addiction

Youtube link: https://www.youtube.com/watch?v=6SQtYC8Gw2Q

Download copy from here Leo Gura - One Rule For Acing Life

Youtube link: https://www.youtube.com/watch?v=k8sD-oIY8P8

Download copy from here Nikolas Schreck Examines Tantric Buddhism

Youtube link: https://www.youtube.com/watch?v=FSfzJWBcmeU

Download copy from here How Do We Cultivate Mindfulness As A Society

Youtube link: https://www.youtube.com/watch?v=U3k821joJ1Q

Download: https://www.consciousevolution.tv/videos/Is-Spirituality-Worthwhile-XVmFwbOlCYU.mp4

Youtube link: https://www.youtube.com/watch?v=XVmFwbOlCYU

Today we examine quantum mechanics, the existence of god, and near death experiences to see the truth of spirituality.

Download: https://www.consciousevolution.tv/videos/Alan-Watts-Do-You-Do-It-Or-Does-It-Do-You.mp4

Youtube link: https://www.youtube.com/watch?v=J7ge5WymgJQ

In this compelling lecture by Alan Watts, we take a cosmic perspective on reality to make sense of our existence.

Soundtracks by PBO & Lockjaw

Download: https://www.consciousevolution.tv/videos/Leo-Gura-Building-a-Passionate-Life.mp4

Youtube link: https://www.youtube.com/watch?v=2UTml_isM6c

Leo Gura, founder of Actualized.org, shows what is necessary to get the most out of life. Through discipline, self mastery, and a compelling vision, you can unleash your full potential through your life purpose.

The full speech can be found here:
https://www.youtube.com/watch?v=Ey3x1...

Edited by Focus Shift Media: https://www.facebook.com/TheFocusShift

Music by PBO: https://soundcloud.com/pbo25

Produced by Conscious Evolution: http://www.consciousevolution.tv/

Support us on Patreon! https://www.patreon.com/focusshiftmedia

Download copy from here alan-watts-existence-is-quite-weird-and-why-the-apple-tree-apples-fall-philosophy-and-spirituality.mp4

Youtube Link: https://www.youtube.com/watch?v=FoFuFrH3ayM

Alan Watts - Existence is Quite Weird and Why the Apple Tree Apples Fall, Philosophy and Spirituality from Endocrinology Hormone Clinic on Vimeo.

Download copy from here alan-watts-captivated-by-the-drama.mp4

Youtube link: https://www.youtube.com/watch?v=wDkshlpok-4

Download copy from here alan-watts-the-eternal-now.mp4

Youtube link: https://www.youtube.com/watch?v=MVVk67UZMJ0

"If the universe began in the past, when that happened it was Now. And it trails off like the wake of a ship from Now and just as the wake fades out, so does the past. Things aren't explained by what happened in the past. They're explained by what happens Now"
-Alan Watts

Youtube link: https://www.youtube.com/watch?v=tPAUVeBe8Hg

Download copy from here jason-silva-the-power-of-awe.mp4

Youtube link: https://www.youtube.com/watch?v=GRPYwxuH9bI

Exponential technological and cultural progress have given us the opportunity to more fully realize our potential.


Speech by Jason Silva

(1) Science and Christ
https://www.consciousevolution.tv/pdfs/Science_and_Christ.pdf

(2) Appearance Of Man
https://www.consciousevolution.tv/pdfs/Appearance_of_Man.pdf

(3) Christianity and Evolution
https://www.consciousevolution.tv/pdfs/Christianity_and_Evolution.pdf

(4) Let Me Explain
https://www.consciousevolution.tv/pdfs/Let_Me_Explain.pdf

(5) The Phenomenon of Man
https://www.consciousevolution.tv/pdfs/phenomenon-of-man.pdf

(6) The Future of Man
https://www.consciousevolution.tv/pdfs/Future_of_Man.pdf

(7) Toward the Future
https://www.consciousevolution.tv/pdfs/Toward_the_Future.pdf

(8) Heart of Matter
https://www.consciousevolution.tv/pdfs/Heart_of_Matter.pdf

(9) Letters to Two Friends
https://www.consciousevolution.tv/pdfs/Letters_to_Two_Friends.pdf

(10) The Divine Milieu
https://www.consciousevolution.tv/pdfs/The_Divine_Milieu.pdf

(11) Writings in Time of War
https://www.consciousevolution.tv/pdfs/Writings_in_Time_of_War.pdf

(12) Letters From A Traveler
https://www.consciousevolution.tv/pdfs/Letters_from_a_Traveller.pdf

(13) Human Energy
https://www.consciousevolution.tv/pdfs/Human_Energy.pdf

(14) Hymn of the Universe
https://www.consciousevolution.tv/pdfs/Hymn_of_the_Universe.pdf

(15) Man's Place in Nature
https://www.consciousevolution.tv/pdfs/Mans_Place_in_Nature.pdf

(16) On Love and Happiness
https://www.consciousevolution.tv/pdfs/on_love_happiness.pdf

(17) Vision of the Past
https://www.consciousevolution.tv/pdfs/Vision_of_the_Past.pdf

(18) Letters to Lucile Swan
https://www.consciousevolution.tv/pdfs/Letters_to_Lucile_Swan.pdf

(19) Letters to Leontine Zanta
https://www.consciousevolution.tv/pdfs/Letters_to_Leontine_Zanta.pdf

(20) Activation of Energy
https://www.consciousevolution.tv/pdfs/Activation_of_Energy.pdf

(21) The Making of a Mind
https://www.consciousevolution.tv/pdfs/Teilhard_de_Chardin_Pierre_-_The_Making_of_a_Mind.pdf

U.Today - An early contributor, Martti Malmi, has shared a collection of previously undisclosed emails with Satoshi Nakamoto. These emails shed new light on Bitcoin's early days and Nakamoto's philosophical approach to the digital currency.

Key among these insights is Nakamoto's perspective on Bitcoin as primarily a medium of exchange, not merely an investment vehicle. He highlighted the energy efficiency of Bitcoin's proof-of-work mechanism compared to traditional banking, addressing environmental concerns before they became a major talking point.

Bitcoin/USD Chart by TradingViewNakamoto's email from May 2, 2009, commends Malmi for grasping Bitcoin's potential, mentioning that linking Bitcoin to fiat currencies could boost its value a topic he was hesitant to discuss publicly until the right moment. He also stressed the importance of preparing for an influx of users, anticipating widespread adoption.

Furthermore, Nakamoto envisioned Bitcoin's ability to scale up to handle transaction volumes much larger than those handled by conventional financial systems, at a fraction of the cost. He assured that as the network grew, it would become more secure, dismissing early vulnerabilities as minor startup issues.

Another interesting and somewhat funny detail from the emails is Nakamoto's request for help with website content. This humanizes the often mythologized figure of Nakamoto, showing his willingness to collaborate and delegate.

Bitcoin-like encryption, backups and user-friendliness were also topics of discussion. They have shown that Nakamoto is committed to making Bitcoin accessible and secure for masses.

These email exchanges enrich the narrative around Satoshi Nakamoto and Bitcoin's origins and provide more interesting details, which, when analyzed, may shed more light on Nakamoto's secret identity. For now, only one thing is clear: Satoshi Nakamoto's vision is close to what we have today, despite the continuous evolution of Bitcoin.

This article was originally published on U.Today

More:

Fundamental Satoshi Nakamoto Statement Revealed From Hidden Emails - Investing.com

U.Today - Venture investor, founder of Pomp Investments private credit fund Anthony Pompliano has taken to his X account to send a message about Satoshi Nakamoto and the Bitcoin halving to his numerous followers.

He jokingly tweeted that the enigmatic Bitcoin founder Satoshi Nakamoto missed a big opportunity to set the halving day as April 20. This day is known as the weed day and more recently, as the Day, even though the iconic meme cryptocurrency was not released in April.

Thus, Pompliano implied that Satoshi Nakamoto had missed an opportunity to integrate its brainchild even deeper into the minds of average people. Bitcoin was made to oppose fiat money and the traditional banking system in the first place, but weed has been known to be a symbol of opposing the system for decades now. It has been also legalized in many countries already.

Image via XUsers tweeted that for the aforementioned countries, the halving took place not on April 19 but on April 20. One user tweeted that Satoshi Nakamoto was based in Europe, therefore he certainly kept that 4/20 day in mind.

Numerous cryptocurrency platforms, including one of the most popular meme coins Floki, have published tweets to congratulate their communities on the Dogecoin day.

This article was originally published on U.Today

More:

Satoshi Missed 'Big Opportunity' Avoiding This Date for Bitcoin Halving: Anthony Pompliano - Investing.com

The Bitcoin halving is imminent.

But even if you know what it is, you may not know why it is.

In our view, the halving exists to make bitcoin interesting and interesting things attract attention. Bitcoins pseudonymous inventor, Satoshi Nakamoto, could have chosen a boring issuance schedule. Instead, he imbued bitcoin with a seasonal fireworks display, commanding attention from an increasingly wide and diverse group of bitcoin users.

Bitcoin famously has a supply cap of 21 million, 1.3 million of which remain unminted.The network will mint these coins through the year 2140 in the same way bitcoins have always been minted.

Satoshi designed the system himself to reward miners who publish new blocks. He could have designed those rewards to hold steady over time with a constant amount per block, say 10. Or he might have designed the rewards to decrease steadily at a constant rate.

Read more: Why is 2140 the end of bitcoin inflation?

Satoshi instead chose halvings. Every 210,000 blocks, the block reward suddenly drops by half. The first 210,000 blocks each yielded 50 new bitcoin to the miner; the next 210,000 blocks yielded 25; and so on. Tomorrow, and for the next four years, each block will yield 3.125 bitcoin.

By their very nature, halvings bring an economic shock, especially to miners. Block 840,0001 will appear roughly ten minutes after block 840,000. But the miner of block 840,000 will earn $400,000 worth of new bitcoin, while the miner of block 840,001 will earn only $200,000 worth of bitcoin at todays prices, anyway.

Bitcoins volatility owes, in part, to its halving schedule. If demand remains relatively constant despite a sudden drop in newly available bitcoin, bitcoins price will likely increase. At least, thats what has happened historically.

The dollar price of bitcoin increased 5,000% between the first and second halving, from $12.53 in November 2012 to $640 in July 2016; 1,300% between the second and third halving, from $640 in July 2016 to $9,000 in May 2020; and 700% between the third and fourth halving, from $9,000 in May 2020 to $70,000 in April 2024. Of course, bitcoins price has also crashed many times during those periods. Like the weather, demand is a fickle thing.

Read more from our opinion section: Bitcoins most promising, least dramatic halving is almost here

Halvings also spark discussions about bitcoins price volatility in the short term and price trajectory in the long term. Each halving brings up the same inevitable question, especially considering past wild post-halving price swings: What will we see this time? For weeks now, TV networks have been interviewing CEOs and bitcoin thought leaders about the potential impact that the halving might have on bitcoins price.

We think Satoshi anticipated the potential for this kind of frenzy, and deliberately chose the four-year halving cycle to attract attention to bitcoin.

Satoshi was familiar with the idea of global spectacles that happen every four years. The World Cup and the Olympics garner massive attention especially from people who otherwise rarely watch sports! Would you watch the Olympics annually? Monthly? Not likely. These events garner interest partly because of their rarity. The interval allows for hype, and interest, to build. Networks run specials on the athletes expected to make a splash. Magazines run photo spreads. And when the opening ceremonies finally broadcast, three billion people watch worldwide.

Satoshi was a master promoter. He designed logos, built chat forums and schemed with users on those forums about how to stir up interest in bitcoin. He also designed a system to capture interest by being interesting.

Compare bitcoin to gold. Gold has a global brand earned over millennia. But whens the last time gold mining caught major headlines? If we mined an asteroid for gold or discovered that we had mined every last nugget that would capture attention. As things stand, however, gold mining is steady, predictable and unremarkable. Bitcoin is predictable, too. Yet it is predictably unsteady, especially with halvings thrown in, and thus remarkable.

Bitcoin is much younger than gold, with just 15 years since its creation. Yet bitcoins quadrennial halving events and corresponding price fluctuations garner headlines worldwide. Interest has snowballed with every halving, as have new users. Thats the goal.

Bitcoin halvings are spectacles, by design. And the design seems to be working. After all, it brought you to this article.

The authors are co-authors of the forthcoming academic book Resistance Money: A Philosophical Case for Bitcoin (Routledge Press).

Andrew M. Bailey is an interdisciplinary teacher and scholar whose work spans philosophy, politics, and economics. He is Associate Professor of Humanities at Yale-NUS College (Singapore).

Bradley Rettler is Associate Professor of Philosophy at the University of Wyoming, and has published peer-reviewed academic articles on metaphysics, philosophy of religion, epistemology, and cryptocurrency

Craig Warmke researches money at the intersection of philosophy, economics, and computer science. He is Associate Professor of Philosophy at Northern Illinois University.

Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

See the original post:

Bitcoin's halving is a major spectacle that's the whole point - Blockworks

Bitcoin is expected to go through a "halving" within the next day or two, a preprogrammed event that could impact production of the world's largest cryptocurrency.

A halving, which occurs about every four years, was designed by bitcoin's creator,Satoshi Nakamoto, to effectively reduce by half the reward that miners of the digital token receive. The idea is that by cutting in half the amount bitcoin miners currently make for their efforts, fewer bitcoins will enter the market, creating more scarcity of the cryptocurrency.

That's sparked some speculation that the halving could cause a surge in demand and push up the price of bitcoin, which has already risen almost 50% since year start. Much of the credit for bitcoin's recent rally is given to the early success of a new way to invest in the asset spot bitcoin ETFs, which were only approved by U.S. regulators in January.

click to expand

Here's what to know about bitcoin's "halving."

Bitcoin miners get a fixed reward when they successfully validate a new block on the bitcoin blockchain. That reward is currently 6.25 bitcoin, worth about $402,000, based on today's trading price for the token.

After the halving, miners will receive 3.125 bitcoin for achieving the same goal. As a result, the rate at which new bitcoins enter the market should also fall, slowing the supply of coins. According to limits set by Satoshi Nakamoto, only a maximum of 21 million bitcoins will ever exist, of which more than 19.5 million have already been mined, leaving fewer than 1.5 million left to be created.

The last such event happened in May 2020, when bitcoin's price stood at around $8,602, according to CoinMarketCap.

By May 2021, the value of bitcoin had surged almost seven-fold to almost $57,000.

Halving is scheduled to occur regularly after the creation of every 210,000 "blocks" where transactions are recorded during the mining process, that are added to the blockchain.

While there aren't any set calendar dates for this to occur, it generally works out to roughly once every four years. The latest estimates expect the next halving to occur sometime late Friday or early Saturday.

Some believe that it will be a non-event for bitcoin's price because the cryptocurrency has already experienced a big run-up this year.

"Investors, traders and speculators priced-in the halving months ago," said Nigel Green, the CEO of financial services firm deVere Group, in an email. "As a result, a significant portion of the positive economic impact was experienced previously, driving up prices to fresh all-time highs last month."

Still, others say that bitcoin could get a bump, at least longer-term. Growing demand due to the new ETFs, combined with the supply shock of the next halving, could help push bitcoin's price even higher, said Bitwise senior crypto research analyst Ryan Rasmussen.

"We would expect the price of bitcoin to have a strong performance over the next 12 months," he said. Rasmussen notes that he's seen some predict gains reaching as high as $400,000, but the more "consensus estimate" is closer to the $100,000-$175,000 range.

Miners will likely be pressed to become more energy efficient, or may need to raise new capital, experts said.

In its recent research report, Bitwise found that total miner revenue slumped one month after each of the three previous halvings. But those figures had rebounded significantly after a full year, thanks to spikes in the price of bitcoin as well as larger miners expanding their operations.

Time will tell how mining companies fare following this next looming halving. But Rasmussen is betting that big players will continue to expand and utilize the industry's technology advances to make operations more efficient.

With reporting by the Associated Press.

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports.

Read more:

A bitcoin halving is imminent. Here's what that means. - CBS News

Valeria Blokhina

U.Todays news digest helps you stay tuned on the most recent events in the crypto world

Check out the top three news stories over the past day presented to you by U.Today.

A recent X post from Ripple CTO David Schwartzhas sparked heated discussions on the topic of the real identity of pseudonymous Bitcoin creator Satoshi Nakamoto. It all started with a claim from a prominent Bitcoin community member known as "Ryuushi," according to whom Craig Wright remains "the most likely person to be Satoshi," despite recent legal setbacks. The claim immediately caught Schwartz's attention;the CTO replied that Wright had a perfect opportunity to prove his identity as Nakamoto during the trial, but he failed to do so. "I'm more likely to be Satoshi than Craig is," concluded Schwartz in his X post. Such a reaction has once again ignited rumors of Schwartz's potential connection to Nakamoto. Some theorists consider the Ripple CTO to be a plausible candidate for Nakamoto's identity, given his extensive background in cryptography.

As tokenization is gaining traction in the United Kingdom, UK Finance, the British trade association, is expanding its pilot project aimed attesting tokenized deposits. According to a recentreport by Bloomberg, among the banking giants that participated in the pilot are Barclays, Lloyds Banking Group Plc and Citigroup Inc., with Mastercard and Visa, the worlds biggest credit card networks, also being involved. The trial is anticipated to last up to three years, before the commercial implementation of the technology. The first results of the experiment will be revealed in August of this year. Meanwhile, per recent reports, the future of the digital pound, or Britcoin, is surrounded with uncertainty. Although the Bank of England first started exploring it back in 2021, the project has not seen much progress.

Jan3 CEO and renowned Bitcoin enthusiast Samson Mow has recently taken to X platformto share his take on when he expects the Omega time for the Bitcoin price to arrive and to make some remarks on the upcoming Bitcoin halving event.In his X thread, Mow wrote that fear of certain negative developments in the Middle East led to Bitcoin's price plunge over the weekend, with TradeFi markets having their share of panic. However, Mow believes, this is all an overreaction and will wash over soon. After that, the "Omega time" for Bitcoin will follow. Then, the Jan3 CEO touched upon the BTC halving, referring to it as the spark of a massive supply shock. Mow underscored that the Bitcoin demand shock is happening right now, as spot Bitcoin ETFs have been absorbing immense amounts of BTC since mid-January, when the SEC approved ETF trading.

About the author

Valeria Blokhina

Valeria is the community manager at U.Today. She is a crypto enthusiast and believes that cryptocurrency is the future of finance. Currently, Valeria covers the latest news in the world of crypto and blockchain.

More here:

Ripple CTO Shares Unexpected Satoshi Nakamoto Statement, Major British Banks Testing Tokenized Deposits: Crypto News Digest by U.Today - U.Today

A recent set of emails between Satoshi Nakamoto, the pseudonymous founder of Bitcoin, and one of the cryptocurrency's early adopters, Marty Malmi, shed light on the digital currency's initial philosophy and initial operational problems.

These emails, discovered during legal proceedings involving Craig Wright, reveal Nakamoto's specific goals for Bitcoin, specifically his concern that it would be perceived as a speculative asset and his concerns about anonymity.

The leaked e-mail conversations show that Nakamoto had reservations about classifying Bitcoin primarily as an investment. This perspective is important because it underscores his view of Bitcoin as a means of payment and not solely as a speculative tool. This distinction underscores Bitcoin's utility for transactions without the need for a trusted third partya key feature of its creation.

Another highlight of the announcement is Nakamoto's attitude to anonymity. Contrary to popular belief that Bitcoin itself is an anonymous network, Nakamoto recommends a cautious approach to anonymity. He suggested that while Bitcoin offers the possibility of anonymity, the community needs to recognize its shortcomings in this regard.

In his emails, he presents a thoughtful concept of privacy that takes into account the real presence of these technologies, including their characteristics and limitations. This approach not only avoids potential legal and moral complications, but also helps create a high-quality user base.

Nakamoto also shed light on the environmental impact of Bitcoin's proof-of-work (PoW) system. He was aware of early criticisms about the mechanism's energy consumption, but even then he pointed to PoW's energy efficiency compared to traditional banking systems.

In addition, Nakamoto expresses confidence in the scalability of Bitcoin, which can handle volumes several times larger than those of traditional financial systems, but at a much lower cost. These moments demonstrate his foresight and willingness to tackle future challenges that will eventually become the subject of debate among crypto advocates.

Read the original post:

New emails reveal Satoshi Nakamoto's original vision for Bitcoin - Cryptodnes.bg

Now a hotly anticipated recurring event that happens roughly every four years is taking place: the bitcoin halving. This could have further significant impact on the value of the cryptocurrency.

To understand what the halving is and what it could mean, we have to understand how bitcoin works. Bitcoin is a digital currency that makes use of what's called blockchain technology to securely store, record and publicly publish all transactions.

It is distinct from fiat currencies, such as dollars or pounds, because it has no central authority and members of the network have equal power. Each transaction is made and recorded with the user's public address, a code that enables them to remain anonymous.

Bitcoins are created by so-called miners who contribute computing power to secure the network and solve complex mathematical puzzles in order to process transaction data. These miners are then rewarded for their work with newly minted bitcoins.

The idea for bitcoin was first proposed in a white paper published online in 2008 by a mysterious individual or group using the pseudonym Satoshi Nakamoto. To combat inflation, Nakamoto wrote into the code that the total number of bitcoins will only ever be 21 million. Currently, more than 19.6 million bitcoins have been mined.

At the beginning, back in 2009, miners received 50 bitcoins for every block (unit of transaction data) they mined. But after every 210,000 blocks (roughly every four years), the reward halves.

So in 2012 the reward fell to 25 bitcoins, then to 12.5 bitcoins in 2016 and to 6.25 bitcoins in 2020. The latest halving means the reward will be just 3.125 bitcoins.

Why does bitcoin halve?

Nakamoto has never explained explicitly the reasons behind the halving. Some speculate that the halving system was designed to distribute coins more quickly at the beginning to incentivise people to join the network and mine new blocks. Block rewards are programmed to halve at regular intervals because the value of each coin rewarded is deemed likely to increase as the network expands.

But this may lead to users holding bitcoin as a speculative asset rather than using it as a medium of exchange. Additionally, the 21 million cap on the number of coins that can enter circulation makes them scarce (at least in comparison to dollars or euros), which for some people is enough to make them valuable.

So what impact does the halving have on the price? After the halving, the number of new bitcoin entering circulation shrinks. Demand should, in theory, be unaffected by this event and therefore the price should go up.

"The theory is that there will be less bitcoin available to buy if miners have less to sell," said Michael Dubrovsky, a co-founder of PoWx, a crypto research non-profit. While the first halving happened in 2012, when bitcoin was less well known and quite hard to buy and sell, we can learn from the subsequent two halvings.

The second halving on July 16 2016 was highly anticipated. The price dropped by 10 percent, but then shot back up to where it had been before. Although the immediate impact on the price was small, bitcoin did eventually respond and some argue that the 2017 bull run when the market boomed was a delayed result of the halving.

Beginning the year around US$900, by the end of 2017 bitcoin was trading above US$19,000. The third halving in 2020 happened during a bullish period for bitcoin and it continued to rise to more than US$56,000 in 2021.

Making an asset of scarcity

These few data points are not enough however to offer any concrete causal relationship or trend. But we do know that instantly miners' rewards are halved, meaning their revenue immediately halves and their profit margins are severely affected. Consequently, unless there is a price appreciation, many miners may become unprofitable and could cease the practice.

Bitcoin's scarcity is arguably one of its most significant characteristics, especially in a time of high inflation, quantitative easing and high interest rates. With the real value of fiat currencies falling, bitcoin's limited supply is an attractive feature and can be reassuring for investors.

Bitcoin hit an all-time high in February following the approval of bitcoin exchange-traded funds, which effectively make it easier for retail investors and big banks to invest in bitcoin.

This, coupled with a more favorable regulatory environment on the horizon and the fact that it is becoming more integrated in the financial system, means bitcoin may continue on the rise it has experienced in 2024 so far.

-------------------------------------------------------------------------------------------------------------------------

Andrew Urquhart is a professor of Finance & Financial Technology, ICMA Centre, Henley Business School at University of Reading in England.

This article was republished under a Creative Commons license with The Conversation. The views and opinions in this article are solely those of the author.

https://theconversation.com/bitcoin-is-halving-again-what-does-that-mean-for-the-cryptocurrency-and-the-market-228213

See the article here:

Bitcoin is halving again what does that mean for cryptocurrency and market? - Aju Press

The advent of Bitcoin in 2009 by an individual or group under the pseudonym Satoshi Nakamoto revolutionized financial transactions with its decentralized, peer-to-peer technology.

This groundbreaking innovation has since permeated various sectors, including online gambling. Bitcoin casinos represent a significant shift from traditional online casinos by leveraging blockchain technology to offer unique security, privacy, and flexibility advantages.

This article delves into the essential aspects of Bitcoin casinos, providing a foundational understanding for beginners and highlighting their unique benefits.

Bitcoin casinos operate primarily on blockchain technology, which ensures a transparent and immutable record of transactions. This fundamental difference differentiates them from conventional online casinos, which rely on centralized servers. At the heart of Bitcoin casinos is using cryptocurrencies for deposits, withdrawals, and gameplay, with Bitcoin being the most popular choice.

Bitcoin casinos offer several distinct advantages over their traditional counterparts, contributing to their growing popularity among online gamblers.

For those new to Bitcoin casinos, starting can seem daunting. However, the process is straightforward once you understand the basics.

Bitcoin casinos boast many games, similar to what you would find in traditional online casinos. These range from classic table games like blackjack and roulette to a vast selection of slots and live dealer games. The use of provably fair technology is a notable feature in Bitcoin casinos, allowing players to verify the fairness of each game outcome.

Bitcoin casinos represent a significant evolution in the online gambling industry, offering advantages catering to the modern players security, privacy, and efficiency needs.

From their inception following Satoshi Nakamotos blockchain innovation to their diverse and engaging gaming experiences, Bitcoin casinos have established themselves as a formidable presence in the online gambling world.

As this industry continues to grow and evolve, it presents an exciting frontier for players seeking a more secure, private, and innovative online gambling experience. Whether you are new to online gambling or looking to explore the benefits of Bitcoin casinos, the journey from Satoshi to slots is one filled with potential and excitement.

Read the original here:

From Satoshi to Slots: A Beginner's Guide to Bitcoin Casinos and Their Advantages - Eye On Annapolis

Bitcoin

Process has coincided with a rise in price in the past and is due to take place again on Saturday

Fri 19 Apr 2024 02.00 EDT

Satoshi Nakamoto, the pseudonymous creator of bitcoin, still has an influence on the cryptocurrency nearly 14 years after disappearing.

This week the protocol designed by Nakamoto an individual or group of individuals who went silent in December 2010 will trigger what is known as a bitcoin halving, a process that has coincided with price increases in the past. The latest halving is expected to take place on Saturday.

Here we explain what the bitcoin halving entails and its potential impact.

It is related to how bitcoins are recorded and created. Transactions in the cryptocurrency are recorded on a universally accessible ledger called a blockchain. These transactions are put on the blockchain by miners who pack them into blocks that are then linked or chained together. They do this by solving a cryptographic puzzle using specialised hardware and this is the key bit receive a reward in newly created bitcoins.

Nakamoto intended the number of bitcoins entering circulation to be finite, at 21m, so the protocol seeks to control the amount of new coins entering the market. It does this by halving the size of the miners reward every 210,000 blocks roughly every four years.

The latest halving is expected to take place in the early hours of Saturday in the US and UK, when the reward for adding a new block of transactions to the blockchain will decrease from 6.25 bitcoins to 3.125. Bitcoin of which there are more than 19m in circulation will continue to halve until the 21m point is reached, expected in 2140.

Halving reduces the supply of new bitcoins, which should in theory increase the price. It is an economic axiom that if demand for an asset remains stable while its supply decreases, its price should go up.

The past three halvings in 2020, 2016 and 2012 have resulted in an average price increase of 16% over the 60 days that followed, according to data from the asset research firm 10x Research. The 2016 halving resulted in a decrease of 6% over the following 60 days, although it then rallied strongly throughout 2017.

Markus Thielen, the head of research at 10x, says the halving is associated with price increases due to reduced supply but investors will have to wait for a price peak, which typically comes 500 days after a halving.

In recent weeks bitcoin has fallen sharply from a recent record high of more than $70,000 (56,175) to about $62,000 but it remains a strongly performing asset, up 40% so far in 2024 and more than double where it was at the same time last year.

It is worth noting that while prices ultimately rose after the 2016 and 2020 halvings, they underwent prolonged dips so-called crypto winters in 2018 and 2022 where prices underwent a prolonged dip.

The setup feels really familiar to past occasions where there has been a very sharp rally and it forms a top then breaks, says Neil Wilson, the chief analyst at the brokerage firm Finalto. Analysts at Deutsche Bank wrote on Thursday that the halving was already partially priced in by the market and that they did not expect prices to increase significantly following the halving event.

Bitcoin mining companies, which take on the energy and equipment costs of validating transactions, face a financial hit as their reward drops.

Andrew ONeill, the managing director of the digital assets research lab at the credit ratings firm S&P Global, wrote this week: The block reward remains a significant part of miners revenue, therefore halving the reward impacts profitability.

He added: Some operations will become non-profitable and will shut down as result, particularly those with higher energy costs.

To make bitcoin mining financially sustainable, S&P says, the currency will need to be used more widely throughout the global economy in order to increase miners revenues via transaction fees. However, greater use of the cryptocurrency jars with concerns that energy-intensive bitcoin mining is already environmentally unsustainable.

There is also, for bitcoins many critics, the negative impact of amateur investors being lured in by any price rise and hype that follows the halving.

Bitcoin has gained in legitimacy this year, increasing its price, with US Securities and Exchange Commission permitting exchange-traded funds (ETFs) a basket of assets that can be bought and sold like shares on an exchange that track the price of the cryptocurrency. Nonetheless, the chair of the SEC, Gary Gensler, was begrudging in giving the go-ahead, describing bitcoin as a volatile asset used for illicit activity including ransomware, money laundering, sanction evasion, and terrorist financing.

ONeill is also sceptical that there will be a price boom. The BTC [bitcoin] market is in a very different place to when the prior halvings occurred four, eight and 12 years ago, he says. Other drivers such as the growth of BTC ETFs in the US, and macro drivers such as interest rates and market liquidity, will also influence price.

Carol Alexander, a professor of finance at the University of Sussex business school, says any price boost from the halving will ultimately be illusory.

It will probably go above the all-time high but in the long run its value will be zero because there is no intrinsic value in bitcoin whatsoever, she says. Its simply a speculative asset.

{{topLeft}}

{{bottomLeft}}

{{topRight}}

{{bottomRight}}

{{.}}

One-timeMonthlyAnnual

Other

Read more:

What is bitcoin halving and will it affect the price? - The Guardian

In the annals of history, tales of ordinary individuals transcending their humble beginnings to achieve extraordinary feats stand as timeless reminders of the human spirit's indomitable nature. Such is the narrative of Sudhir Kove, a name now synonymous with resilience, reinvention, and relentless pursuit of excellence. Born into the embrace of simplicity, Sudhir's childhood unfolded against the backdrop of a modest household, devoid of opulence or extravagance. Yet, within the confines of his unassuming surroundings, lay the seeds of greatness, waiting to germinate and bloom with the passage of time.

Sudhir's formative years were characterized by a voracious appetite for knowledge, nurtured by his unwavering love for reading. While his peers indulged in leisurely pursuits, Sudhir found solace in the pages of comic books, immersing himself in worlds of fantasy and imagination. Little did he know that these early literary escapades would lay the foundation for his future endeavors, shaping his intellect and igniting the spark of curiosity that would guide him on his path to greatness.

As destiny would have it, Sudhir's educational journey took a pivotal turn when he transitioned from a Marathi medium to an English medium school in the 8th grade. It was here that he encountered a new realm of possibilities, expanding his horizons and broadening his perspectives. Armed with a keen intellect and a thirst for knowledge, Sudhir excelled in academics, particularly in subjects like Physics, Chemistry, and Mathematics, laying a solid groundwork for his future academic pursuits.

Fuelled by a relentless drive to carve out his own path in life, Sudhir embarked on the arduous journey of higher education, enrolling in an engineering program in Mumbai. However, the initial days of his collegiate experience were marked by anonymity and a lack of direction. Sudhir found himself adrift in a sea of faces, struggling to find his footing amidst the chaos of academic rigour and personal introspection. Yet, it was during these formative years that Sudhir's latent potential began to emerge, slowly but surely, like a phoenix rising from the ashes of self-doubt and uncertainty.

The turning point in Sudhir's life came when he stumbled upon the ancient art of graphology, the study of handwriting analysis, under the guidance of a revered Marathi guru. Intrigued by the profound insights offered by this esoteric discipline, Sudhir delved deep into its intricacies, unlocking the secrets of human behavior and personality encoded within the strokes of a pen. It was a revelation that would change the course of his life forever, propelling him on a journey of self-discovery and personal transformation.

Armed with newfound knowledge and a burning passion to share his insights with the world, Sudhir embarked on a mission to empower others, donning the mantle of a coach and consultant. Drawing upon his own experiences of personal growth and self-improvement, Sudhir sought to inspire others to unleash their full potential and embark on their own journey of self-discovery. It was a mission fueled by a sense of purpose and a deep-seated desire to make a positive impact on the lives of others.

While initially balancing his burgeoning career as a graphologist with the demands of conventional employment, Sudhir soon realized that his true calling lay in the realm of education and personal development. In a bold and courageous move, he made the decision to leave behind the security of a stable job and pursue his passion for graphology on a full-time basis. It was a leap of faith that would test his resolve and push him to the limits of his endurance, yet Sudhir remained undaunted, driven by a singular vision of success and self-actualization.

Launching his maiden batch of students with just twelve eager learners, Sudhir encountered the first of many challenges that would test his mettle as an entrepreneur and educator. Yet, in the face of adversity, he remained steadfast in his commitment to his craft, leveraging the power of technology to adapt and innovate in an ever-changing world. Little did he know that the greatest challenge of all lay just around the corner, lurking in the shadows like a specter of uncertainty and fear.

The emergence of the COVID-19 pandemic in 2020 brought the world to a standstill, casting a long shadow of doubt and despair over Sudhir's fledgling enterprise. With schools and businesses shuttered, and social interactions reduced to mere digital facsimiles of their former selves, Sudhir found himself at a crossroads, grappling with the daunting prospect of an uncertain future. Yet, it was in the crucible of adversity that Sudhir's true character was forged, as he rose to meet the challenges of the moment with resilience, resourcefulness, and unwavering determination.

Undeterred by the prevailing gloom and doom, Sudhir reinvented his approach, pivoting to virtual platforms to continue imparting knowledge and transforming lives in the midst of a global crisis. Leveraging the power of technology and the reach of social media, he reached out to a wider audience than ever before, transcending geographical boundaries and cultural barriers to share his message of hope and inspiration with the world. It was a testament to Sudhir's adaptability and ingenuity, as he transformed adversity into opportunity, turning the challenges of the pandemic into a springboard for growth and innovation.

As the world slowly began to emerge from the shadows of the pandemic, Sudhir found himself at the helm of a burgeoning enterprise, poised for unprecedented growth and expansion. What had once seemed like insurmountable obstacles had now become stepping stones on the path to success, as Sudhir's vision and determination propelled him towards new heights of achievement. In just a few short years, he had transformed his humble beginnings into a thriving enterprise, touching the lives of thousands with his message of empowerment and transformation.

Yet, Sudhir's journey was far from over, as he continued to push the boundaries of possibility and explore new avenues of growth and innovation. Drawing upon his diverse skill set and eclectic interests, Sudhir ventured into the realm of literature, penning two acclaimed books that would further solidify his reputation as a thought leader and innovator in his field. From the profound impact of wristwatches on human destiny to the transformative power of scientific logo design, Sudhir's literary endeavors offered insights and inspiration to readers around the world, cementing his legacy as a pioneer and visionary in the realm of personal development and self-improvement.

Services and Courses at Sudhir Kove Life Transformation Academy

Wristwatch Analysis and Therapy:

Sudhir Kove Life Transformation Academy introduces a groundbreaking course on Wristwatch Analysis and Therapy, challenging conventional perceptions by elucidating the transformative potential of timepieces. Led by expert analyst Sudhir Kove, the course equips individuals with the skills to decipher the profound impact of wristwatches on one's destiny, fostering a new generation of analysts adept at overcoming life's challenges.

Numero-Grapho:

Delving into the symbiotic relationship between numerology and graphology, Sudhir Kove Life Transformation Academy presents Numero-Grapho, a revolutionary course redefining the contours of personality analysis. Guided by Sudhir Kove's expertise, learners gain insights into the vibrational dynamics of numerology and the intricate nuances of graphological forms, offering holistic solutions for personal and professional growth.

Astrology Courses:

Unveiling the mysteries of astrology as a viable career option, Sudhir Kove Life Transformation Academy offers comprehensive courses tailored to empower aspiring astrologers. Through a blend of traditional wisdom and modern insights, students gain proficiency in the ancient science of astrology, under the mentorship of seasoned experts, charting a course towards success and fulfillment.

Scientific Logo Designing Solutions:

Transforming businesses through the art of scientific logo designing, Sudhir Kove emerges as the beacon of innovation in the realm of branding. By harnessing the principles of graphology, vastushastra, astrology, sacred geometry, and color therapy, Sudhir crafts logos that transcend mere symbols, embodying the essence and values of each enterprise.

In essence, Sudhir Kove's odyssey exemplifies the transformative power of passion, perseverance, and purpose. Through his pioneering initiatives and educational endeavors, he continues to illuminate paths, guiding countless individuals toward self-discovery and success. As Sudhir Kove Life Transformation Academy continues to flourish, it remains a testament to the boundless potential that resides within every individual, awaiting the spark of inspiration to ignite the flames of greatness.

Looking ahead, Sudhir harbors ambitious plans for the future. He envisions establishing a healing center and institute focused on Vedic science, with the aim of reaching millions of people worldwide. His unwavering commitment to knowledge dissemination and personal transformation underscores Sudhir Kove's status as a visionary leader in the field of holistic wellness and self-discovery.

(Disclaimer: ABP Network Pvt. Ltd. and/or ABP Live does not in any manner whatsoever endorse/subscribe to the contents of this article and/or views expressed herein. Reader discretion is advised.)

Visit link:
Unveiling The Remarkable Journey Of Sudhir Kove: A Tale Of Triumph, Transformation, And Transcendence - ABP Live