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Will Bitcoin [BTC] hit $1 million in 90 days? Real Vision CEO predicts – AMBCrypto News

Posted: March 24, 2023 at 12:21 am


On 20 March, entrepreneur Anthony Pompliano Pomp invited Real Vision CEO Raoul Pal to his podcast, where he quizzed the latter on a range of topics surrounding Bitcoin [BTC] and its numerous run-ins with regulatory bodies.

Speaking on Bitcoin and the 2023 Financial Crisis, Pal talked about crypto failures such as FTX, U.S. governments pushbacks against crypto, and former Coinbase CTO Balaji Srinivasans bet on Bitcoin hitting $1 million within 90 days.

Regarding the recent collapse of the crypto-friendly Silicon Valley Bank (SVB), Pomp asked Pal if we should compare its collapse of the crypto exchange FTX in November last year. Pal pointed out that, though its true that both institutions made poor investments. However, the crucial difference is that while SVB is a bank, FTX is only a brokerage. While SVB had the right, as a banking institution, to invest in customer funds, FTX had, as a crypto brokerage firm, no right to invest customer funds.

Pal also pointed out that even as banks have been disallowed from engaging in prop trading, FTX was doing essentially that with customer money.

Pomp asked Pal why the United States government was pushing against cryptocurrency. Pal responded that the U.S. government understands cryptocurrency and is acutely aware of the gigantic impact of possible bank runs as a potential result of Bitcoins popularity. It is for this reason that the U.S. government is pushing back against mass adoption of cryptocurrency through bringing in a lot of rules and regulations.

The crypto industry has been dealing with multiple failures such as Terra [LUNA], Three Arrows Capital, Celsius, Voyager Digital and FTX since 2022. In addition, hacking attempts have continued to plague crypto platforms. Due to such incidents, customers have lost millions of dollars so far.

Pomp also asked Pal if the U.S. government will use the Reserve to buy Bitcoin to assuage market panic. Pal answered in the negative, saying that unlike the countries in the Middle-East, the U.S. government will not be buying Bitcoin as it is an extremely volatile asset.

Pal also pushed forward his own theory that Satoshi Nakamoto is nobody but a state actor, which created Bitcoin as an alternative financial system just in case the mainstream banking system fails; in fact, these bodies already own Bitcoin, Pal proposed.

Towards the end of the podcast, Pal put worth his views on Balaji Srinivasans bet on Bitcoin hitting $1 million within 90 days.

Pal said:

Hes [Srinivasan] has got 0.0% chance of being right.

Srinivasan believes that as traditional currencies enter a period of rapid hyperinflation, the global economy will turn to Bitcoin as digital gold as the new, preferred currency.

Pal said that it is Srinivasans marketing trick to spread around the concept of hyper-bitcoinization. He, however, added that it could happen within 12 months but its not appropriate to put a date, he cautioned.

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Will Bitcoin [BTC] hit $1 million in 90 days? Real Vision CEO predicts - AMBCrypto News

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March 24th, 2023 at 12:21 am

Posted in Satoshi Nakamoto

Ethereum as a deflationary asset, explained – Cointelegraph

Posted: at 12:21 am


What is a deflationary cryptocurrency?

Although cryptocurrencies are often promoted as investment opportunities, their primary purpose was originally to serve as an alternative form of currency. Considering this narrative, the rules of supply and demand apply to cryptocurrencies as to fiat currencies.

An undergraduate economics student might say the basics of money, economy and market forces is balancing supply and demand. How much of an asset is in circulation versus the demand how many people want that particular asset helps decide its price. This equation between supply and demand underlies the fundamentals of all economies and also applies to cryptocurrencies.

Deflationary cryptocurrency is one where the value of the crypto increases due to a reduction or stagnation in supply. This ensures that the coins market value is attractive for more people to invest in and can be used as a store of value. While deflationary cryptocurrencies look more attractive, not all are designed that way.

Many well-known cryptocurrencies are not deflationary. In addition, there is often no supply limit to them. Some are disinflationary because inflation gradually reduces over time due to its tokenomics. Bitcoin (BTC), for instance, wont be deflationary until all 21 million coins have been mined. Ether (ETH) was not deflationary until the Merge happened in September 2022.

Related: Inflationary vs. deflationary cryptocurrencies, Explained

Developers of tokens create deflationary mechanisms during the design of the economic model behind the token. The economic model tokenomics can be fundamental to how stakeholders add and accrue value in a Web3 ecosystem.

The supply and demand dynamics of a token are decided at the level of development. Deflationary characteristics like burn mechanisms are decided as the economic model underlying the token is being developed. This can be a point-in-time process like with Bitcoin or an evolving mechanism like with Ethereum.

When creating Bitcoin, Satoshi Nakamoto ensured there would only be a finite supply of 21 million. Once 21 million Bitcoin are mined, no new BTC can be created. This limited supply has helped the narrative that Bitcoin is a true store of value compared with fiat currencies that increase supply due to central bank monetary policies.

In contrast, Ethereum had an inflationary supply at its inception. Ether supply was increasing at an annual rate of 4.5%. However, after the Ethereum Merge that saw it move from proof-of-work to proof-of-stake, it is now a non-inflationary asset due to its burn rate. The number of Ether burned in maintaining the network activity is more than the amount of Ether entering circulation.

Implementing the EIP-1559 protocol has altered the economic nature of the Ethereum token by incorporating the burning of a fraction of the gas fees per transaction. As a result, some experts argue that Ethereum has become more deflationary than Bitcoin.

As deflationary tokens are considered a better store of value, new tokens created for both protocol and application tiers may be designed to be deflationary.

Investments in deflationary cryptocurrencies can yield growth and returns for investors. But being deflationary alone may not be a criterion to be identified as a better investment.

Due to their supply cap, deflationary tokens are typically perceived as more valuable by holders and investors. This was also demonstrated by the rise of nonfungible tokens (NFTs), where the rarity of the NFTs often decided the prices. Limited supply driving prices higher was also true with the Ethereum Name Service (ENS), where some three-digit ENS names were sold for even more than 100 ETH.

Ethereum may not necessarily be classified as a better asset after it became deflationary. Ethereum has a rich ecosystem that drives transactions on the chain, and as more Ether gets burned in the process, it causes deflation. An unused Ethereum blockchain wouldnt be able to achieve this economic feat.

The underlying chain fundamentals must remain strong for Ethereum to thrive as an investment. A chain with strong fundamentals typically has a developer ecosystem to create many applications that users widely adopt. As users flock to these applications, developers are encouraged to continue innovating.

The resulting network effect would make Ethereum deflationary, making it a more attractive investment asset.

Centralized regulatory organizations typically govern the inflation of asset prices in traditional capital markets. Is that the same in Web3? Who ensures fair play?

In the United States, the Federal Reserve (the Fed) assumes the responsibility of maintaining inflation at reasonable levels by implementing tools such as altering interest rates, bond-buying programs and money printing. This obligation is typically similar across most other nations. In Web3, inflation is controlled by the protocols monetary policy, which is determined by the community through decentralized governance.

Deflationary mechanisms are interwoven into the tokenomics while creating the ecosystem. Where tokens have an unlimited supply, as the token ecosystem matures, there would be more opportunities for burn. Therefore, the organization managing the token must proactively identify these opportunities and embed them into the tokenomics to reduce the supply.

The Ethereum Merge is a fine example of how the Ethereum supply and demand was tweaked to make it deflationary. Such significant tokenomics changes are typically proposed, approved and executed by a decentralized autonomous organization (DAO) that governs the token and the platform behind it.

These tokenomics changes are then embedded into smart contracts as the rules of the ecosystem. Smart contracts drive the new business rules and the economic model of the ecosystem. As a result, DAOs could play a significant role in ensuring efficient and effective governance of the tokens.

Since decentralization is one of the tenets of the blockchain world, an economic system not controlled by the founding teams, investors, venture capitalists and whales is crucial to delivering sustainable tokenomics based on sound business models.

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Ethereum as a deflationary asset, explained - Cointelegraph

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March 24th, 2023 at 12:21 am

Posted in Satoshi Nakamoto

Betting on the Tron blockchain led by CryptoCubes – Crypto Reporter

Posted: at 12:20 am


The deceitful world of online betting and gambling has long discredited itself. In addition to unfavorable conditions for players, gaming platforms and bookmakers do not hesitate to simply appropriate user funds. Lets take a look at how blockchain technology solves these issues through the example of CryptoCubes.

If we take a list of the drawbacks of the classic gambling and betting sector and put it next to a list of problems that blockchain solves thanks to its properties, we will see a 100% intersection. Its as if Satoshi Nakamoto lost his house, car, and beloved cat in a casino and decided to put an end to injustice by creating Bitcoin and starting a trend toward decentralization.

To avoid being just words, lets take a closer look at the drawbacks of betting and gambling that blockchain eliminates. As an example, lets consider the Play-to-Earn project, CryptoCubes.

CryptoCubes is a P2E project with elements of betting built on the Tron blockchain. The projects goal is to build a truly transparent game with simple rules and equal conditions for each participant. At the same time, the platform positions itself as a social game where participants can bluff, manipulate, and use their strategies to win.

The main achievement of the platform is that it provides players with the opportunity to compete with each other instead of thinking, Will the project team cheat me? Thanks to the properties of the blockchain, the need for trust disappears. But what are these properties? Lets take a closer look.

The main ideas of blockchain are decentralization, privacy, and transparency. Each of these properties helps to solve many problems in the gambling industry.

Decentralization speaks for itself: no control center makes decisions without taking into account the opinions of other network participants. By introducing this property into betting and gambling, blockchain makes life easier for players: there is no need to fear unwarranted account blocking, freezing of accounts, or other sanctions by the platform.

Privacy is another property of blockchain-based projects. Players do not need to disclose personal information or confirm their identity by providing documents to participate in the game. For example, to participate in the game on the CryptoCubes platform, a user only needs a cryptocurrency wallet. This could be TronWallet or Ledger.

Transparency is catastrophically lacking in Web 2.0 gambling games. In games built on the blockchain, the situation is the opposite. All transactions and actions performed during the game are recorded in the blockchain and remain there forever. No one can change or delete them. Thanks to thousands of nodes verifying transactions, any attempts to add false data will be noticed and removed, and validators who tried to add them will be blocked.

All of the above is a game changer and takes away from traditional gaming platform holders the tools of manipulation. It will no longer be possible to rig the slot machine, close access to the site during the game, or block the account of a lucky winner. The only thing that keeps centralized gambling afloat is the lack of understanding of blockchain technology and the fear of the new among many people.

There are many drawbacks to the WEB 2.0 gambling segment. They mostly play into the hands of dishonest founders of gaming platforms and take away practically all chances of winning for players. But thanks to the implementation of blockchain in the betting and gambling segments, the gambling industry has a chance to rid itself of the SCAM label. After all, become a transparent and fair entertainment class that gives equal chances to every player.

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Betting on the Tron blockchain led by CryptoCubes - Crypto Reporter

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March 24th, 2023 at 12:20 am

Posted in Satoshi Nakamoto

Gold Vs. Bitcoin: Delving Into Diverse Investment Strategies For Weathering Turbulent Market Conditions A – Benzinga

Posted: at 12:20 am


When the stock market faces turbulence, investors often look to an alternative haven for their capital - GoldContinuous Contract (Comex:GCW00).

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Its reputation as a reliable asset has solidified its role in times of economic instability. Investors flock to this precious metal due to its ability to remain or even appreciate during periods of unpredictability.

For years, Gold has been considered a reliable store of wealth in uncertain times.

However, with the rise of digital assets like Bitcoin(CRYPTO: BTC) and other cryptocurrencies to prominence over recent months - especially amidst increased concern about banks on unsteady ground such as Silicon Valley Bank(NASDAQ:SIVB) - many investors are beginning to look towards cryptocurrency markets for greater security when safeguarding their financial future.

Gold and cryptocurrencies represent two distinct asset types, one physical and the other digital.

Bitcoin holds a special place in cryptocurrency history as it was first released back in 2008 by Satoshi Nakamoto with no need for central banking intermediaries during transactions.

This led to the launch of the worlds initial cryptocurrency exchange platform shortly after allowing people around the globe to trade virtual currencies such as Bitcoin.

Investments in these secure havens exhibit varying performances on the charts, adding a layer of intrigue to their financial landscape.

During the decade between 2001 and 2011, Gold experienced an impressive 630% growth in value - from $250 to its historical peak of over $1,900.

Since then it has endured a long consolidation period where price fluctuations were minor. However, this stability ensured that their investment was preserved against any decreased valuation risk for investors.

Surprisingly, the current value of Gold has surpassed its highest peak from 11 years ago by a mere 2.60%. This may not be the most lucrative option for investors seeking substantial capital growth.

In a remarkable divergence between asset classes, Bitcoin has skyrocketed by an astounding 584,917% over the past 11 years, leaving traditional investments in the dust.

Despite a 59% plunge from its all-time high, Bitcoin has witnessed an impressive 42% rise in March following the collapse of various banks. Gold has also experienced a 9% ascent during the same period.

Meanwhile, the stock market seems to be facing a downward trajectory, with the Dow Jones dropping 3%. The financial landscape displays an intriguing interplay between these diverse investment options.

While Bitcoin tends to ride a rollercoaster of fluctuation, its track record showcases its impressive capacity for accelerated and substantial growth.

Gold is a steady asset that provides reliable security and peace of mind. Over an extended period, this precious metal has demonstrated consistent growth, proving it to be a dependable safe haven when you need reassurance the most.

After the closing bell on Friday, March 17, Gold closed at $1988.50, trading up by 3.49%. Bitcoin closed at $28054.00, trading up 3.96%.

2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Gold Vs. Bitcoin: Delving Into Diverse Investment Strategies For Weathering Turbulent Market Conditions A - Benzinga

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March 24th, 2023 at 12:20 am

Posted in Satoshi Nakamoto

Bitcoin experts discuss AI, ChatGPT and Blockchain on CoinGeek … – CoinGeek

Posted: at 12:20 am


Bitcoin experts Joshua Henslee, Jackson Laskey, Zack Weiner, and Rafa Jimenez discussed AI and its potential integration with blockchain technology in the latest CoinGeek RoundTable. As youll soon see, there are some extremely exciting possibilities ahead.

Introducing the Roundtable participants

Joshua Henslee probably needs no introduction to regular CoinGeek readers. Hes a BSV thought leader and developer with a fast-growing YouTube channel covering BSV. He has also created some BSV applications likeWindbell.

Jackson Laskey is the founder and CEO ofAsset Layera platform for creating NFTs as well as integrating and sharing them across platforms. He was one of the founding members of Unbounded Capital and has been in the BSV space for half a decade.

Zack Weiner is the founder of VXTech, the firm that built MagicDapp.io as well as many other applications. Weiner also recently launchedAskHapi.comto allow anyone to utilize AI via micropayments.

Rafa Jimenez is the CTO and co-founder ofHandCashone of the most popular wallets for BSV. He also has some background in AI, having worked in industries like autonomous driving and more.

How can AI integrate with blockchain technology?

Laskey tackles this question first, saying AI right now is all about taking old data and using it to create new data. He thinks blockchain can help get insight into the input data, helping us understand what that data is, where its from, and pay the rights holders. He points to the Haste Arcade Instant Leaderboard Payouts as an example of how people might be paid for their data.

Weiner agrees but takes a different approach to the question. Hes a big believer in the authenticity and integrity of data. He sees a world where AI models sign their outputs so that consumers can evaluate the outputs of specific models. This will grow increasingly important as AI models proliferate.

Jimenez says blockchain can help with the monetization of AI-powered services. Its an obvious use case fornano and micropaymentsas an alternative to subscription models. When users still arent sure how much value these services can provide, they may be reluctant to commit, and the type of small, casual payments Satoshi Nakamoto spoke about when he released Bitcoin can bridge the gap.

Whats the primary use case for AI that could integrate blockchain technology?

Laskey imagines a world where there are a handful of AI models that are general-purpose and truly dominant. However, were likely to see a wide proliferation of different models. This could pose a challenge for people who have to interact with many different models. The more models that proliferate, the more it will be necessary to have both data integrity, as mentioned previously by Weiner, and micropayment models, as mentioned by Jimenez.

Weiner says that, on AskHapi.com, there are two modalities: text and images. Focusing on imagery, five or six models are tailored to output a specific type of image, such as anime images, realistic ones, tiny photos, and so on. He sees a future where model creators utilize the blockchain to create business models to incentivize people to come and check out their models. Again, small, casual transactions come into play here. He points out that many people dont even havecredit cards, who wont be able to subscribe to things like ChatGPT, who will benefit from this.

Jimenez highlights that the marriage of these two technologies makes it much easier for developers to experiment, pulling together different elements both quickly and easily. This will lead to exponential adoption growth and many new opportunities. Jimenez doesnt think people fully grasp the impact all of this will have.

The participants agree that this technology will create new roles. For example, social media managers did not exist in the 1980s, but today, every company has one. Likewise, many new roles will be created by AI, such as sourcing data, cleaning it up, and figuring out where micropayments need to go to compensate the owners of said data. Being able to track the data to its origin is extremely valuable.

How are the roundtable guests integrating AI technology into their companies?

Laskey answers that Asset Layer, while a general-purpose NFT platform, has a specific love for games. He acknowledges that theres a lot more going into creating assets for games, and his firm has done so to generate items inDuro Dogs. Laskey says that, right now, the models need to be more precise to generate assets that plug directly into Duro Dogs; their internal artists still have to work on them. Overall, he says AI has accelerated their process.

Weiner doesnt think AI has a place in Magic Dapp just yet. For him, this is about people and companies being able to store data in a provable way forever. However, he thinks AI becomes relevant for applications like BitChat Nitro, which now has a personality inside it that can answer questions relevant to smart contracts built on Bitcoin SV. He sees a great business opportunity in this; training specific AI models closer to truthiness.

Jimenez says HandCash is not integratingAI broadly in its business. Theyre focused on helping people experiment and understand they have a monetization alternative. Answering a viewer question, he agrees that logging in with HandCash could be equivalent to logging into apps with their own AI API key.

Is it possible that in the future, every AI query, update, etc., will be mapped to a Bitcoin transaction?

Henslee tackles this question first. He says the answer to the viewers question is that it can be done trivially. You can take inputs, hash them, put them on-chain, and allow someone to prove they created specific prompts. While it can be done, there has to be a business use case for it.

Weiner says that the number of transactions required to do this will certainly need a big block blockchain. However, he says its probably a bit soon to consider doing this right now.

Should AI have mandatory pay channels so it doesnt go full SkyNet?

Jimenez answers that whether AI needs some regulations or control is a hot topic and is extremely complex. However, bad guys dont care about the rules, and they wont be able to stop them.

Laskey wonders what an AI that escapes its black box could do. Theres this concept that a superintelligence could take over the world, but hes skeptical.

Henslee does think there needs to be some control. He notes that there are good and bad in every tool. He worries it could become the all-seeing big brother.

Weiner notes there are two ways an AI can refuse to answer a question; it can be polite, and it can be rude and brash if you push it, too. He thinks the technology will progress faster than checks and balances can be put in place. Therefore, it will be up to the consumer to decide who to pay and fund via subscriptions and payments.

Check out the previous Roundtable videos on CoinGeeks YouTube channel.

New to Bitcoin? Check out CoinGeeksBitcoin for Beginnerssection, the ultimate resource guide to learn more about Bitcoinas originally envisioned by Satoshi Nakamotoand blockchain.

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Bitcoin experts discuss AI, ChatGPT and Blockchain on CoinGeek ... - CoinGeek

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March 24th, 2023 at 12:20 am

Posted in Satoshi Nakamoto

Elon Musk tweets about Taylor Swift’s limbic resonance skill, angers Swifties. Here’s why | Mint – Mint

Posted: at 12:20 am


Elon Musk and his Twitter tweets are no new phenomenon to take an otherwise banal day and make it interesting. Whether it is his attempt to establish a town as his legacy, or him entering the microblogging site Twitter's headquarters with a ceramic sink in hand, Elon Musk and his chicane existence is sure to make the news every other day.

Elon Musk and his Twitter tweets are no new phenomenon to take an otherwise banal day and make it interesting. Whether it is his attempt to establish a town as his legacy, or him entering the microblogging site Twitter's headquarters with a ceramic sink in hand, Elon Musk and his chicane existence is sure to make the news every other day.

The latest take was with American singer and songwriter Taylor Swift. The musician who has just began her The Eras Tour in the United States on 17 March, has taken over the trending section on twitter, with her fans sharing clippings and videos of her performance.

The latest take was with American singer and songwriter Taylor Swift. The musician who has just began her The Eras Tour in the United States on 17 March, has taken over the trending section on twitter, with her fans sharing clippings and videos of her performance.

A fan and Dogecoin founder Billy Markus, who goes by the name Satoshi Nakamoto, also took to Twitter to say, "Taylor Swift rules and if you disagree youll be kicked off the internet Im pretty sure". However Elon Musk was quick to react to the Tweet. Musk's tweet left many wondering what he was talking about.

A fan and Dogecoin founder Billy Markus, who goes by the name Satoshi Nakamoto, also took to Twitter to say, "Taylor Swift rules and if you disagree youll be kicked off the internet Im pretty sure". However Elon Musk was quick to react to the Tweet. Musk's tweet left many wondering what he was talking about.

Replying to Markus's tweet on Swift, Musk wrote, "Her limbic resonance skill is exceptional."

Replying to Markus's tweet on Swift, Musk wrote, "Her limbic resonance skill is exceptional."

Elon Musk's comment sparked hilarious reactions online with many fans even saying that he is stalking her and should stay away from her.

Elon Musk's comment sparked hilarious reactions online with many fans even saying that he is stalking her and should stay away from her.

It turns out Elon Musk had not commented on Taylor Swift's status for the first time. The Twitter and Tesla CEO had previously commented on the main post of Taylor Swift with a cigarette emoticon.

It turns out Elon Musk had not commented on Taylor Swift's status for the first time. The Twitter and Tesla CEO had previously commented on the main post of Taylor Swift with a cigarette emoticon.

The Eras Tour Twitter handle wrote under Elon's cigarette emoticon comment: "Leave her alone" A fan commented, "Elon have you considered dating Taylor Swift? The breakup album would be legendary." Another comment read, "You are right but stop talking about her."

The Eras Tour Twitter handle wrote under Elon's cigarette emoticon comment: "Leave her alone" A fan commented, "Elon have you considered dating Taylor Swift? The breakup album would be legendary." Another comment read, "You are right but stop talking about her."

Taylor hasn't publicly responded to Elon's comment yet. Meanwhile she opened the tour with the song Miss Americana and The Heartbreak Prince, at State Farm Stadium near Phoenix, with a set total of 44 songs over a span of three hours and 15 minutes.

Taylor hasn't publicly responded to Elon's comment yet. Meanwhile she opened the tour with the song Miss Americana and The Heartbreak Prince, at State Farm Stadium near Phoenix, with a set total of 44 songs over a span of three hours and 15 minutes.

According to the website Psych Mechanics, limbic resonance has been defined as a state of deep emotional and physiological connection between two people. The limbic system in the brain is the seat of emotions. When two people are in limbic resonance, their limbic systems are in tune with each other." It points to the idea of catching another persons emotions.

According to the website Psych Mechanics, limbic resonance has been defined as a state of deep emotional and physiological connection between two people. The limbic system in the brain is the seat of emotions. When two people are in limbic resonance, their limbic systems are in tune with each other." It points to the idea of catching another persons emotions.

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Elon Musk tweets about Taylor Swift's limbic resonance skill, angers Swifties. Here's why | Mint - Mint

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March 24th, 2023 at 12:20 am

Posted in Satoshi Nakamoto

Flagstar to Take Over Signature Bank’s Deposits – Crypto Daily

Posted: at 12:20 am


Signature Bank is again in the news a week after the New York State Department of Financial Services (NYDFS) shut down the bank in order to prevent a domino effect from Silicon Valley Bank's implosion last March 9.

The NYDFS initially shut down the bank as part of a preventive measure in order to protect depositors and ensure that customers get their deposits back. The next step was the United States Federal Deposit Insurance Corporation (FDIC) announcement yesterday March 19 that Signature Bank's deposits and loans will be taken over by Michigan-based Flagstar Bank. The agreement will see $38.4 billion worth of deposits and $12.9 billion in loans taken over by Flagstar.

This seems to be part of a bigger plan to combat the banking crisis that seems to be looming over the United States and prevent its further escalation. It might be recalled that a recent economic analysis on the Silicon Valley Bank (SVB) collapse said that as much as 186 banks in the US are at risk of insolvency. The Federal Reserve then announced a swap line network with the central banks of Japan, England, Canada, Switzerland, as well as the European Central Bank. How this all might unfold is still up for speculation. SVB's collapse caused a ripple effect in the crypto industry, while in the traditional financial sector, this effect was most notable in Switzerland, with the impact felt on Credit Suisse.

As for whether cryptocurrency deposits will be affected, the FDIC has clarified that the deal does not include Signature's digital asset deposits. Previously, the agency has also stated that the decision for Signature's closure was not in any way related to cryptocurrency. But it should be noted that Signature, as well as SVB and Silvergate were among the top banks providing services to the crypto sector. Whatever the FDIC's motives are for Signature's closure and whether it will eventually include crypto deposits or not, the whole debacle just might point to a more optimistic view of cryptocurrency as an alternative to the traditional banking system, helmed as it is by the United States.

The relationship between banking regulation and crypto firms has been a subject of contention for some time now. Fiduciary policies have often been at odds with the decentralization and freedom that cryptocurrencies promise. While many crypto firms have sought to distance themselves from traditional banks, others have increasingly embraced banking services, leading to accusations of a "sellout" within the crypto community.

Historically, there has been an antagonistic relationship between crypto and banks, dating back to the inception of Bitcoin. Satoshi Nakamoto, the pseudonymous creator of Bitcoin, inscribed a message on the genesis block, referencing the UK Chancellor's bailout for banks: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks."

This message itself underscores the distrust of centralized financial institutions and the need for a decentralized alternative. As more crypto firms partner with banks or even become part of the banking system themselves, there is a growing concern that the original vision of cryptocurrencies is being compromised. By aligning with banks, these firms risk undermining the very principles that made cryptocurrencies attractive in the first place: decentralization, financial autonomy, and resistance to censorship.

On the other hand, proponents of these partnerships argue that the integration of crypto services into the traditional financial sector is necessary for mass adoption and mainstream acceptance. They maintain that a balance can be struck between the regulatory demands of banking authorities and the unique features of cryptocurrencies.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. Opinions stated herein are solely of the author's, and hence do not represent or reflect CryptoDaily's position on the matter. The author has no stakes in any of the digital assets and securities mentioned, and does not have any significant hold of own any cryptocurrency or token discussed.

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March 24th, 2023 at 12:20 am

Posted in Satoshi Nakamoto

The Grant Cardone Foundation Engages With Over 350,000 Youth … – Haute Living

Posted: at 12:20 am


Grant Cardone has broken barriers of success once again within his non-profit organization, The Grant Cardone Foundation which confirms engaging with over 350,000 youth globally with their generous and ongoing fundraising and mentoring occurring in multiple ways; 10X Hub (South Africa), Mentoring Workshops; Entrepreneurial Program; FIU Scholarship Program; 10X Kid of the Year Scholarship and the Grant Cardone internship.

The Grant Cardone Foundation is a national non-profit organization invested in helping youth communities reach their fullest potential. Entrepreneur and best-selling author, Grant Cardone, created the foundation as a result of experiencing the traumatic loss of his father when he was only ten years old. Growing up without a father figure in his life affected him emotionally, socially, and academically and leading Cardone to make it his mission to help young adults, who may need life and career guidance just as he once did. The foundation partners with community organizations, municipal agencies, corporations, and other non-profit entities to help deliver energy and educational resources to kids in need. Their mission is to provide mentoring and financial literacy education to adolescents in underserved and at-risk populations, especially those without a father figure.

Through the Grant Cardone Foundation, I am proud to continue providing opportunities to help enhance our youths future of tomorrow by giving them a wide range of assistance from mentoring and guidance to scholarships plus tools for career advancement, said Grant Cardone, Founder of The Grant Cardone Foundation.

10X Hub is a globally known program in South Africa, the global initiative that provides financial literacy, entrepreneurship, and mentorship programs to help level the playing field and fight poverty at its core, and to create a lasting LEGACY (Leading, Entrepreneurial, Growth, and Commitment to Youth education) for generations to come in these communities. Its an entrepreneurial development center, a collaborative space, and a 10X mentorship hub. This is a place to give everyone, no matter their economic circumstance, the opportunity to create success and to 10X their life. South Africa has the largest concentration of fatherless adolescents in the world at 62% and one of the highest unemployment rates globally, making it an important area for the foundation to kick off its first location. The Grant Cardone Foundation has partnered with Labit on the 10X HUB in South Africa.

10X Hub has given us the opportunity In South Africa to help pave the way in fighting poverty and building futures all because of The Grant Cardone Foundation, said Ivan Swartz, CEO/Founder of Labit, a business incubator program in South Africa.

The Hub has impacted over 350,000 lives through digital training, it has provided annually 840 entrepreneurs in-person mentoring and guidance with 75 of these entrepreneurs given the opportunity to pitch their business ideas. Then there are fifteen promising entrepreneurs chosen for a rigorous six- to twelve-month business development, in which they will each receive a sizable investment in their business.

The Grant Cardone Foundation also hosts multiple mentoring workshops for over 1,000 at-risk youth in the South Florida Community including: 5000 Role Models, Big Brothers Big Sisters, Take Stock in Children, and PACE Center for Girls.

The Grant Cardone Foundation is on a mission to 10X the next generation of business leaders. To continue their commitment to providing educational opportunities for the youth community, they have started the First Generation Scholarship, to provide financial aid for students currently residing in the state of Florida who are first-generation college students in their family, pursuing a degree at Florida International Universities College of Business. The First Generation Scholarship will cover a full ride for two students every year, up to $7,500 per year, with a renewal option for up to four additional years, for a total of $30,000 to the recipient. The scholarship recipients will receive mentorship support and gain access to a multitude of powerful business resources and learning material through Cardones world-renowned training enterprise, Cardone Training Technologies, Inc.

For more information or to donate to The Grant Cardone Foundation, please visit The Grant Cardone.

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The Grant Cardone Foundation Engages With Over 350,000 Youth ... - Haute Living

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March 24th, 2023 at 12:20 am

Posted in Grant Cardone

Confessions of a $7 Billion Dollar Brand Marketing Expert, Presented by JOTO PR Disruptors – Yahoo Finance

Posted: at 12:20 am


JoTo PR Disruptors is offering a FREE webinar masterclass hosted Bestselling author of Brand Intervention and Google's #1 ranked rebranding expert, David Brier, whose rebrands have generated over $7 billion worldwide.

TAMPA BAY, Fla., March 20, 2023 /PRNewswire-PRWeb/ -- JoTo PR is presenting a free webinar masterclass on Thursday, March 30, 2023, 12:00 PM EST, Confessions of a $7 Billion Dollar Brand Marketing Expert, that provides an opportunity to learn from the Bestselling author of Brand Intervention and Google's #1 ranked rebranding expert, David Brier. In the webinar, David will go over the exact sequence and strategy he uses to build multi-million-dollar (and billion-dollar) brands in his trademark no-BS style.

To say that the world of business has changed in the last few years would be an understatement.

The rules of the game are no longer what they once were, and to succeed today, you need to be on your toes. One of the most important changes has been how customers interact with brands.

Traditionally, businesses have relied on advertising and other marketing schemes to get their message out there and educate customers about their products. But customers are savvier than ever before, and they can see through those tactics easily.

So, what's a business to do? It turns out that the answer lies in getting customers involved with your brand.

Event Time, Register Online Thursday, March 30, 2023, 12:00 PM EST (US and Canada)

David will lay out the missing sales tool to 10X your business, which explains why only 0.7% of business owners hit the $1 million mark:

"Why isn't my brand creating sales?"

"Why do people zone out during my sales pitch?"

"Why the heck isn't my business selling more?"

"How come I don't have more loyal customers and repeat business?"

Following the Webinar, there will be a rare AMA session (Ask Me Anything) where David will answer any questions about brand building, growth acceleration, branding strategies that drive sales, and more.

Story continues

Event Time, Register Online Thursday, March 30, 2023, 12:00 PM EST (US and Canada)

Why attend this event?

Grant Cardone calls David "a branding genius."

Daymond John of Shark Tank calls David "brilliant with branding."

Oren Klaff, author of "Pitch Anything" and one of the world's leading experts on sales, raising capital, and negotiation having raised over $1 billion said of David: "very sophisticated about branding."

As an Anti-PR Agency, JoTo PR Disruptors employs the best practices to succeed in business today. Most PR agencies only provide fluffy visibility, which doesn't account for much that contributes to a successful business.

Goal: Actionable steps you can use to accelerate your growth, which is what JOTO PR Disruptors is all about. We want to help you with usable data that can benefit you professionally and financially.

About David Brier:

Bestselling author of Brand Intervention and Google's #1 ranked rebranding expert, David's rebrands have generated over $7 billion worldwide. A native New Yorker and Google's top-ranked rebranding expert, David's four decades of branding expertise are sought after by companies of all sizes. In addition to David's work being featured in ADWEEK, Fast Company, Forbes, INC, Huffington Post, Entrepreneur, Thrive Global, the New York Times, and numerous blogs and podcasts the world over, he is the recipient of over 320 international awards including the rare honor of being presented the Presidential Ambassador for Global Entrepreneurship medallion. Visit https://risingabovethenoise.com/

About JOTO PR Disruptors:

After doing marketing research on a cross-section majority of 5,000 CEOs of fast-growth trajectory companies and finding out exactly how they used PR, how they measure it, and how they wanted the PR industry to be different, PR veteran and innovator Karla Jo Helms created JoTo PR(TM) and established its entire business model on those research findings. Astute in recognizing industry changes since its launch in 2009, JoTo PR's team utilizes newly established patterns to create timely Anti-PR campaigns comprising both traditional and the latest proven media methods. This unique skill enables them to continue to increase the market share and improve return on investment (ROI) for their clients, year after yearbeating usual industry standards. Based in Tampa Bay, Florida, JoTo PR is an established international public relations agency. Today, all processes of JoTo are streamlined Anti-PR services that have become the hallmark of the JoTo PR name. For more information, visit JoTo PR online at http://www.jotopr.com

Media Contact

KJ Helms, JOTO PR Disruptors, 727-777-4619, khelms@jotopr.com

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SOURCE JOTO PR Disruptors

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Confessions of a $7 Billion Dollar Brand Marketing Expert, Presented by JOTO PR Disruptors - Yahoo Finance

Written by admin |

March 24th, 2023 at 12:20 am

Posted in Grant Cardone

How To Overcome The Habit of Procrastination – BBN Times

Posted: at 12:20 am


As we all know, everybody procrastinates, but it depends on the type of procrastination: harmless or harmful.

If we procrastinate doing a useful or informative activity that we find refreshing, or if we take a short break to recharge ourselves, then that is not a form of negative procrastination.

So, what is procrastination then? It is thehabitof putting off important, less pleasurable tasks by doing something thats easier or more pleasurable. Email, Instagram, TikTok, Snacking, and Netflix are a procrastinators best friends.

Why do we procrastinate?

1) We lack motivation, and/or

2) We underestimate the power of present emotions versus future emotions when we set our goals or make our to-do lists.

3) We are worried about the outcome being less than perfect hence, we put things off or delay completing tasks.

4) We are lazy.

Then what can we do to overcome procrastination?

Even if you only work for 15 or 30 minutes, getting started will help you feel more motivated and productive. Tackle the easiest or most enjoyable part of the task to build momentum. As you make progress, your motivation will increase.

Set daily or weekly goals and break them down into actionable steps. Give yourself deadlines for each step and schedule time to work on them. Track your progress and hold yourself accountable.

Break down tasks into increments of less than 2 hours. This keeps the work from seeming overwhelming. Set a timer and focus on one task for the duration of the timer. Then take a short break before moving on to the next task.

You can use The Pomodoro Technique by working for 25 minutes, then taking a 5-minute break. The timed intervals will help keep you on track and the regular breaks can help to prevent mental fatigue.

Block out time for your tasks and avoid distraction. Start your day early. Waking up early allows you to get a head start on your tasks before the days distractions begin. End your workday on time and avoid working late at night. Spend your evenings on hobbies, socializing, and self-care.

By implementing these techniques, you will overcome procrastination and achieve more each day through improved productivity and focus. You will gain momentum toward your goals and develop positive habits that will benefit you for life.

Also, if you are interested in topics ofentrepreneurship,personal development, andmindset, consider checking my podcast "The Raygacy Show" where I get to pick the brains of the best entrepreneurs around the world such as Gary Vee and Grant Cardone.

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How To Overcome The Habit of Procrastination - BBN Times

Written by admin |

March 24th, 2023 at 12:20 am

Posted in Grant Cardone


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