39 Burst results for "cryptocurrency"
Fresh update on "cryptocurrency" discussed on Sound ON
"Commerce Looks like this is going to be regulated What does the SEC need to do and what should they not do in attempting to regulate I'll say cryptocurrency instead of specifically Bitcoin the coins themselves How should this work Yeah I think they just need to be cognizant of the power that they have to do both good and evil I'm talking about the SEC now the industry has been asking for some guidance and that means regulation for a decade now simply because especially when crypto first came out we weren't really sure what it was Was it an asset.
China Intensifies Hunt for Cryptocurrency Miners in Hiding
"When the history books are written the actual factual mining ban in china will be a key. Part of the crypto story of twenty twenty one. Remember the first rumblings we got about. China targeting crypto in may we sort of brushed off as more bluster and reconfirmation of old policies. At first it was just the banks reinforcing that they weren't allowed to interact with crypto. And so on and so forth but that ultimately changed and when it changed was when the vice premier made a statement saying that they were going to look into a bitcoin mining ban that signaled to all of the local provinces that this was serious and it also signaled that to the local mining operations that we can we saw one of our biggest drawdowns coming off of the rally between december and april and part of that was that minors were actually liquidating their bitcoin and the theorem to try to give themselves mobility to make decisions quickly. Subsequently of course we've seen one of the most significant if not the most significant hash rate migration in bitcoins history. Much of that has been to the benefit of north america. So far but that as we'll see in a minute could change in either case. The blocks will fees. How has a new report out about how provincial governments in china are dealing with the ban in inner mongolia the development and reform commission has hired a contractor to help it monitor for illegal mining operations. This is interesting because there are reports that some chinese bitcoin and the theory of mining operations have quietly even secretly resumed their operations. This partnership with the contractor suggest that the government is going to stay on the case now one interesting nugget from the bidding process is the government's ten bullet list of the areas that it wants to know about which includes the production and development process of crypto mining domestic and international policy stances and regulatory environment over crypto mining. The initial purpose and policy perks that inner mongolia gave to big data and cloud computing enterprises the cost revenue energy consumption and taxation breakdown of crypto mining operations locally the physical distribution breakdown of krypton mining operations locally techniques for differentiating crypto mining operations from other big data and cloud computing projects analysis of mainstream mining hardware and their energy consumption breakdown relevant legal basis for clearing out crypto mining operations the impact of shutting down mining operations on achieving the carbon neutrality goals and long-term regulatory responding mechanisms over crypto mining operations
Fresh update on "cryptocurrency" discussed on Bloomberg Daybreak
"Still a strong case to argue Bitcoin could become the new gold Meanwhile we're learning more about Bitcoin's fake 90% slide on the pith network earlier this week the data network briefly reported in error on Monday showing the cryptocurrency plunged to $5000 Turns out the erroneous reading came from two firms that supply data to the platform both are said to have encountered trouble dealing with decimals and that's what caused the problem And that's the Bloomberg crypto report I'm Jeff Bellinger Karen Racha thank you and that's a Bloomberg business.
Equity Monday: Women's Employment Drops
"Goal. Stock markets are mixed. Asian markets are on the rise. Europe markets are slightly down and the us stocks were somewhat fought value of crypto currencies. Kind of looks the same. We saw some tokens and cryptocurrencies off. A few points this morning but not enough to start an entire twitter debate. The mixed feelings could be due to a lot of things first. Traders are back from the kitchen and analysts. Always have a ton of thuds. Some people think it's inflation some set. It's an upcoming european central bank meeting. But what i want to focus on is a less than ideal jobs report ready. Let's go. I'll start with the good news. We learned that in august overall unemployment declined to five point. Two percent from july's overall employment rate of five point four percent zero point two percent but i will take it because that represents a lot of people that now have paycheck coming in to their mailbox. That's kind of where the good news stops. Though this report we learned that the us economy added only two hundred thirty five thousand jobs in august which was a sharp drop from analysts expectations. But even looking at july's total which was nine hundred forty three thousand jobs to make matters worse fortune actually dig a little deeper and looked at the national women's law center. They say that women only accounted for eleven point nine percent of those jobs in august again. If you look at july women were sixty eight point eight percent of the new jobs. It's your reminder that we aren't back to pre pandemic level employment and that women are disproportionately leaving a now reentering the workforce at alarming rates.
Fresh update on "cryptocurrency" discussed on This Week In Google
"I've never listened to a better show for helping me understand the very complicated notions behind all of this stuff. For instance in fact it was his very first episode. I loved it. He talked all about. Nf t's first time ever understood. Fte's are anybody without dumbing it. Down tech experts are on entrepreneurs artists creating an fte's he interviews the top experts in the field fact. He does two shows which is great one. The consensus episode. Every week explores weekly news. Distills it into digestible information the other also every week. Deeper interviews with individual crypto founders in the nfc artists. So this is a great opportunity to catch up on a a topic. That's changing rapidly but also has deep impact for everything we do. Plus it makes you the life of the party. If you know about crypto everybody saying what do you think of this new This new nf t- thing Get informed at your investments. Learn about the next big thing. In crypto or nfc's ten years ago people called cryptocurrency. A scam five years ago. People thought it was a fad. Now it's already a trillion dollar market and growing the modern finance. Podcast helps you make sense of all the coins. The nfc's the chaos equip yourself with the knowledge of where things are going with our good friend and and probably one of the best guys in the world to explain all of this. Kevin rose look financial..
Bitcoin of the Realm: El Salvador's Experiment
"El salvador today a world first. Bitcoin becomes legal tender. It's a personal campaign for president. Naib kelly who says the move will help both economic development and inclusion of the country's unbagged generally jobs and help provide financial inclusion thousands outside the formal economy that will take some convincing both the world and the imf have warned against the move worrying about economic stability and the cryptocurrencies notorious environmental costs. Many salvadorans aren't keen. Either at have protested against the policy and when nelson who writes about el salvador for the economist went out in the capital san salvador. He found plenty of people who simply weren't ready for store. Owner catalina tzavela said. She wasn't preparing for what's being cold day because she doesn't understand it she reckons. She'll eventually catch up as she did. Twenty years ago when the country made the us dollar the official currency him modest bit on that set some though or embracing the change. We've got one just outside san salvador. A store run by adela of and daniel has been taking bitcoin for months selling mostly to foreigners so she walks nelson through a purchase. The wall street correspondent. Alice fullwood says it's a bold experiment from a millennial leader with a growing reputation. Both good and bad for shaking things up three months ago. The president of el salvador ni- kelly announced at a bitcoin conference in miami. That el salvador was in the process of writing a law. That would mean. Bitcoin was accepted as legal
Fresh update on "cryptocurrency" discussed on BTV Simulcast
"Going on the macro front Ed What is going on under the hood Straight to Bitcoin We've been trading between 43,044 thousand U.S. dollars but as you pointed out we had two down days at the beginning of this week seeing a sell off and risk assets and Bitcoin followed suit You can see investors clearly rethinking Bitcoin at the start this week But as we went through Wednesday's session we saw gains in the cryptocurrency as well Obviously some of that around the fed and that somewhat hawkish sentiment that we got some breaking news after the bell of course Facebook's chief technology officer Mike.
Dangers of Data Collected in Afghanistan
"The taliban seizure of hide that's hand-held interagency identity detection equipment biometric registration and identification devices aroused concern when it was first reported but the risks of that loss while real seem likely to be limited. Mit technology review argues. That a more serious matter is the insurgent government's acquisition of apps the afghan personnel and pay system used by the deposed governments ministries of defense and the interior. A great deal of data was collected in apps. Technology reviews sources tell it that each profile and apps contains at least forty data fields quote. These include obvious personal information such as name date data birth as well as a unique. Id number that connects each profile to a biometric profile kept my the afghan ministry of interior. But it also contains details on the individuals military specialty and career trajectory. As well as sensitive relational data such as the names of their father uncles and grandfathers as well as the names of the two tribal elders per recruit who served as guarantors for their enlistment and quote this amounts to a catalog of community connections with anyone whose name appears in a profile flagged as connected in some non trivial way to the subject of the profile. And unfortunately there are signs that the lists are being used in head hunting searches for personnel. Who served in or otherwise connected to the former government's military services apps data was unprotected by retention or deletion policies and was presumably seized intact.
Tennis Superstar Naomi Osaka Has a New Interest: Cryptocurrencies
"The growing rage around Cryptocurrencies has captured the attention of the defending U. S Open champion has been exploring where she can invest in the space. Part of her interest was brought on by all the noise around does coin the digital token that became famous for being the first? Mm coin to start out as a joke? Here's a little bit of a quote. I was actually just talking with my agent about Cryptocurrencies, she said in an interview last week. This is a quote. I know that online. Everything is getting bigger. I remember reading about does coin. There's going to be something new and interesting. That's going to pop up. Massocca said. The continuous stream of conversations around Bitcoin especially on our Twitter feeds doctor interest even before her agent approached her with the idea to invest. You
Crypto Industry Unites to Lobby Washington
"What do elon. Musk ashton kutcher. And jack dorsey having common. Well they're all cryptocurrency. Investors who over the last few weeks have joined together in a new lobbying effort pushing the senate to drop a provision from the one trillion dollar infrastructure. Bill that would strengthen tax enforcement for crypto transactions now investors in digital currencies and the companies that work in the industry typically haven't formed a united front but as government officials in regulators. Turn more active. I on the market. The industry is coming together to push for changes. They feel will help their industry joining us to discuss how these efforts are unfolding and what the industry might be looking to accomplish. Is that reporter julie by koets. Hi julie hi you know. The crypto currency market has been around for about a decade now. What lobbying efforts have been made in the past so there was an effort to do some education around twenty fourteen and that was mostly focused on bitcoin in fact bitcoin enthusiast setup a bitcoin foundation that was sort of their leading public policy advocates The problem there was as they were trying to persuade lawmakers and regulators that there was more to bitcoin than just what they'd heard about silk road and illicit financing human trafficking all the bad stuff associated with crypto currency. The foundation itself was facing all sorts of internal turmoil with personnel changes. Different investigations going on so that first effort just never really made much traction in washington they never really got it off the ground despite their
Circle Wants to Become Chartered Crypto Bank
"Circle has announced it intends to become a bank fully regulated by the federal reserve. Occ and fdic. Which could make its us. Dc stable coin a defacto central bank digital currency. It's a bit arcane. But this could really be a huge deal. Quoting axios circles. Dream is to become a narrow bank one that shoes fractional reserve banking entirely and instead places all deposits on reserve at the central bank. Only banks can open accounts directly at a central bank which credits them with pure money in circles case the depositors would be holders of us dc and the collateral backing up us dc would be the money on deposit at the fed. Circle would pocket for itself the interest that the fed pays on bank reserves if the dream were to become reality than circle with effectively be issuing a cryptocurrency backed by the fed itself for all intents and purposes a central bank digital currency or cb dc. If circle was allowed to do such a thing then presumably other banks would be too and they would rapidly start competing with each other to pass through most or all of the interests that the fed pays on reserves.
Lionel Messi's Paris Saint-Germain Deal Includes Cryptocurrency Payment
"Apologies to the sporting savvy out there bear with us. But for those who don't follow football. You should know its biggest star argentinian. Lionel messi just left the club. He's been with for most of his career barcelona to sign a two year contract with paris. Saint germain often referred to as ps g. And that's how we'll continue to refer to them here why you may ask. Are we telling you this. No it's not an attempt after our previous victory and interesting nate and sport during his last appearance to make him love the beautiful game it has to do with. Nfc's you see big. Sports stars get paid big money and just the welcome package that gave messy was worth twenty five to thirty million euros. I would like a welcome back like that. It included some. Ps g crypto currency. Fan tokens from socio dot com. These tokens let fans hold them. Vote on some minor decisions regarding the club. Like what song is played in the stadium during warm ups or the message. That will be on the captain's armband for example. So ceo's dot com says. The sale of the tokens has generated close to two hundred million dollars for its partner clubs this year. They've got a good half dozen or so Partner clubs and of course fans who buy them and then try to sell them for more than they paid them for them. And there's a brisk business in that trading volumes before messy signed with. Pse reached one point two billion dollars so giving messy a bunch of them gives him a volatile asset that he could potentially sell for millions. And these things are benefiting. Ps as well the ps fan token generated thirty million euros in sales this past week and it's estimated. Ps g keeps about half of that. If not more
Bitcoin and Bidens Infrastructure Bill
"So. When i hear infrastructure i think of roads and schools but biden has made the argument that tees investing in human infrastructure so that might include childcare paid leave. Maybe free community college but cryptocurrency. How does bitcoin tie into all this and definitely a strange thing to include in an infrastructure bill for sure But when you're trying to pass a big bipartisan trillion dollar bill paying for so much stuff in the country. There's a lot of people who are asking. Well how are you going to pay for it right. And that was one of the reasons why cryptocurrency was included. These new tax reporting requirements would raise an estimated twenty billion dollars according to some of the senators to offset some of these infrastructure costs. Twenty eight billion dollars is not a small amount of money and it is a very pricey bill but what was it about the original language in the bill that raised alarms right so it wasn't the fact that there'd be heightened tax reporting requirements. It wasn't really. You know the total essence at the bill that it was a definition of the word roker and the way that it was worded was a little too vague for some senators. Especially senator ron wyden. Who feared that. This of broker would end up extending these cumbersome packs reporting requirements to while developers and also cryptocurrency miners. And why does the crypto community argue that developers and minors should be exempt from reporting requirements. Well they're not really making any transactions right there mining cryptocurrency themselves. They're you know creating the wallet. Infrastructure for these transactions that. Take place but it's not necessarily a transaction and of itself right. We heard lawmakers making that argument on the senate floor this week. The underlying text of this bill would impose this kind of transaction reporting requirement on crypto transaction validates. These are the people that are building out the blockchain by validating a transaction they would be obligated to report things like a name and attacks. Id number associated with the dollar amount. They don't have that information
Cryptocurrency Heist Hacker Returns Stolen Funds
"Hackers pulled off one of the largest crypto highs ever this week and then within hours. They started giving the stolen funds back. The heck happened at a decentralized. Finance platform called pauling network. The cyber thieves stole more than six hundred million dollars worth of digital tokens on tuesday. An anonymous person online took credit for the heist saying they did it for fun and to expose a vulnerability in pauling network system about a third of the stolen crypto currency was returned yesterday and more could still turn up experts. Say it's possible. The hacker decided to return the digital money because cryptocurrency exchanges are easily tracked on the trading platforms. That would have made it much harder for the hacker to actually cash in on the stolen
Q&A: Is Bitcoin Bad for the Environment?
"I'm thinking about investing in bitcoin. But my sister told me that crypto is bad for the environment. Is that true. But i thought crypto is digital. So how is that possible. I know right. Crypto currency is entirely digital currency. So if it doesn't exist in the physical world how could it be affecting the fiscal world. It's a concept that can totally make your head spin but we have to study ourselves because it's one hundred percent true cryptocurrency is digital. I'm not gonna rock your world and tell you that there is a pot of dougie does coin at the end of the rainbow. The only way you're going to be holding dougie gone in your hands is if you come over to meet my dog coin penny and you can follow her at dougy cohen on instagram. Halfway so even though the currency isn't physical it is made by physical systems. And that's where the environmental impact comes in. Let's double click on bitcoin for a second because it's one of the least efficient cryptocurrencies to manufacture. And it's also been researched. The most thoroughly so there is belenky of data on the effects of its production process and here on money rehab. We do let us some data. So let's talk about how. Bitcoin is made we touched on this in our episode on. Nf teas but i think we're due for a refresher. Bitcoin is created in a process called bitcoin mining. But i promise you. The process of bitcoin mining is not what you might think of when you picture traditional mining when you think of mining you're probably thinking of well a mine with hard hats and caves and canaries but bitcoin mining doesn't happen in a mine. It happens on a computer and this is the interesting part of bitcoin. Anyone can mine. Bitcoin and you can do it from anywhere in the world so long as you have access to a computer that makes bitcoin completely different from government backed currencies like the. Us dollar. nick sherry. Note here if you want to impress your friends. The financial term for government backed currencies is fiat currencies. Okay back to bitcoin mining. Can you imagine if anyone could print dollar bills. Only that but imagine that you could just print dollar bills and do it at home. Without getting out of your. Pj's if this was a thing. I would do it. I wouldn't you so. Why isn't everyone making mining bitcoin.
Clay Clark on the Bill Gates Patent Number and Its Relevance to COVID-19
"Folks talking to clay clark. He is the person who organized the reawaken america tour. Clay you sharing some stuff. You talk fast. I want my audience to get what you're saying because this is it's a lot for people to take in. There's there's a real learning curve on this stuff and it's it's it's tough to hear some of what you're saying so tell us about the If it's important about the cryptocurrency. Because i don't get that kept ownership will get this. Okay so the word corona mathematically is six six six. Okay numerically fan. You said that might be. What's the was these statistical probability of that. I don't know the you look up. The bill gates patent w zero two zero two zero zero six zero six zero six. Just type it into google or duck duck. Oh and it is a human body activity associated. Abstract says human body activity associated with the task provided to a human user may be used in a mining process of cryptocurrency. A server may provide a task to the device of a human user which is communicated ably coupled to a server a sensor communicating coupled or to compromised in the comprised in the device of the user may sense body activity of the user. Now gets fun. body activity. data may be generated based on the body activity. User the crypto currency system communicate ably coupled to the device of the human user may verify if the body activity satisfies wonder more conditions set by the crypto currency awards cryptocurrency. Thus make it pop making it possible for no man to buy or sell unless they had what you just said that i mean we can forget about the corona and the six six. What you just said is frightening.
With EIP 1559, Has ETH Become Ultra Sound Money?
"What's going on guys. It is thursday august fifth. And today we're talking about the ip fifteen fifty nine and whether it turns a theory 'em ether specifically into ultra sound money. I however let's do an update on the infrastructure bill where we left off yesterday. Was that a group of republican and democratic senators. Were coming together to offer. An amendment to the crypto tax reporting provision the goal of the amendment would be to specifically exclude non-custodial actors like miners from the new. Irs definition of broker as applied to the crypto industry. It's short so. I wanna read the whole thing but before we do i should also note that senator ted cruz also offered an amendment. His amendment would scrap the provision entirely. Which why think crypto would love to see most in find especially politically viable hence us focusing on the widened to llamas amendment. Here's the amendment. As written purpose to revise the rule of construction with respect to information reporting for brokers and digital assets and for other purposes on page two four three seven strike lines nine hundred twenty one and insert the following definition of broker. Nothing in this section or the amendments made by the sections shall be construed to create any inference that a person described in section six. Oh four five. C one d of the internal revenue code of nineteen eighty-six as added by this section includes any person solely engaged in the business of a validating distributed ledger transactions be selling hardware or software for which the sole function is to permit a person to control private keys which are used for accessing digital assets on the distributed ledger or see developing digital assets or their corresponding protocols for use by other persons provided that such persons are not customers of the person developing such assets or protocols so basically this is explicitly excluding validate irs hardware and software developers minors etc
SEC Chief Says Crypto Is Rife With Fraud, Scams and Abuse
"Commission, said that investors need more protection in the Cryptocurrency market, which he said is rife with fraud, scams and abuse. Gary Ginzler listed several areas where crypto needed to be reined in or regulated. There are areas which are particularly susceptible to money laundering, sanctions, tax collection and extortion via ransomware. Councilor has been viewed as receptive toward crypto currency and other new financial technologies after a stint as a professor at MIT, where he focused research and teaching on public policy and digital currency correspondent Jeremy Ellis
How to Day Trade Crypto Successfully in 2021 - Regardless of Your Background or Experience
"Hey guys mubarak have in penny stock copier doing well in this episode. I wanna talk to you guys about how today. Trade crypto currency right. You've seen a lot of people make a lot of money from it. And to be honest it's one of the only methods left in the kind of Financial market world where you can actually still win all right. The reason for that is because all of the other markets and exchanges you know stocks commodities gold silver forks foreign exchange options. They've pretty much been taken over by billion dollar institutions. That have too much money in software built in right. There's algorithm ick trading. There's other people's money involved than there is. Phd's from harvard wall street and pretty much. It's almost too competitive to kinda win. The markets if you're trying to compete on anything other outside of cryptocurrency right whereas with cryptocurrency. There's always these types of different cryptos and coins that are popping off. And you know the good thing is that they're open twenty four seven so if you just know the right strategies then you'll be able to get ahead all right so consider this as an intro to day trading cryptocurrency. And i'm gonna go over the pros the cons and at the end. I'm going to go over some very strategic pretty much strategies and methods for how you can succeed and where you should start as a beginner intermediate and kind of delve into it further. All right so you know day trading first of all what is it right and it's basically a strategy where people you know. The technical terminology means that you'll enter our trade and sell the same trade in the same day right so it's the opposite of the kind of warren buffett principle of buying holding. All right. now you can do that. With certain crypto currencies and certain stocks. But the thing with the buy and hold method is that it's a very passive type of
PharmaLedger the Pharmaceutical Blockchain ConsortiumThe Pharmaceutical Blockchain Consortium
"Our listeners. Who haven't yet you or heard you on insure blocks. Could you please give democratic deduction on yourselves perhaps Donna i thanks. Thanks for having us back for another edition. This is great My name's stanford same the domain architect for supply chain at novartis Looking at technology Evaluation and selection also on emerging technologies. That's where it goes to the block chain. And and i have another role. Which is the industry project leader of the farmer. Ledger project which focused on blockchain adoption in the healthcare industry. Excellent marco. yeah hi. This is margaret cuomo. I'm working to same group as dan but the with a little bit different focus. I'm part of what we call the plight. Technology innovation this team trying to bring in new technology into the into novartis in this case. I am focused on blockchain's responsible blockchain in new artists. And my second or other role in familiarize is be co lead architect for the blocker in cloud. Thank you both in his great. Avi bosa back on the show. So as he recalled the first question we all ask. Our guest is to define what is blockchain. But here's i'm curious to know how your definition may or may not have changed since our first podcast back in august two thousand nineteen. Dan do you wanna have a go at it. Yeah actually a. I've i've refined my blockchain definition a little bit and and and what i usually know or how i introduced. Blockchain is with the five days and mark just loves this definition but the five as stand for asset. We're talking about not. Just cryptocurrencies is assets but also add data or or or medicine products. Which can be exchanged on you. Know district distributed ledger technology. So blockchain's good for asset. It's good for audit. This is the immutability aspect that we can't change anything after it's been written to the blockchain very relevant for for our industry Automation so use of smart contracts to eliminate non value adding steps
The Progressive Case for Bitcoin
"This note from elizabeth. Warren sent gary. Gansler has the intended purpose. I think of figuring out what authority the sec thinks it has versus what authority needs to be within congress and the senate there is a lot of fluff and bluster in the main parts of the letter. That can leave no doubt as to how elizabeth warren feels about this. But the excerpt that i want to read are just her set of questions because i believe that those are the most pertinent pieces when it comes to what happens next to end her letter. She writes as the crypto currency markets. Continue to grow and expand a lack of regulation to provide basic investor protections is unsustainable the sec regulates national securities exchanges and crypto currency exchanges. That operate in a similar manner should be subject to similar regulatory standards to better understand the sec's existing authority to protect consumers and investors who participate in crypto currency exchanges and the potential need for congress to take additional action on these matters. I ask that you provide a response to the following questions by no later than july. Twenty eight twenty twenty one one. Do you believe that crypto currency exchanges are currently operating in a fair orderly and efficient manner. If not what problems says the sec identified that are associated with the use of these exchanges. To how did the characteristics of assets traded on cryptocurrency exchanges differ from those of assets traded on traditional securities exchanges do these characteristics warrant additional investor and consumer protections for cryptocurrency exchanges relative to those provided for traditional exchanges three. Describe the extent of the sec's existing authority to regulate existing crypto currency exchanges. To what extent has that authority differ from the agency's authority over traditional securities. Exchanges for foreign regulators have moved to restrict cryptocurrency exchanges in their jurisdictions in recent years while calling for international coordination to address regulatory gaps. One specific regulatory challenge may arise from the unique organizational structure of some global exchanges for example by finance one of the largest cryptocurrency exchanges in the world by trading volume is everywhere and yet based nowhere. The crypto currency exchange has processed trillions of dollars and trades this year as a transfer is digital and conventional money around the world through constellation of affiliates. And yet it has no headquarters
Next Billion Dollar Crypto?! FLOW Crypto Explained
"To Hey guys mubarak care in penny stock hopi to him well in this episode of one. Talk you guys today about flow ny. It's one of the fastest growing highest kind of gaining crypto currencies. Out there right now depending on when you're watching this but it's just been shooting up recently over the last Pretty short timeframe and even in the last week so Has kind of a little bit of a round dip here but you can see that. In the last three months you can just tell by the volume spike that something is going on so i wanna kinda talk about how important volume is in this video. And also just in general my thoughts about flow So i start off talking about why they're shooting up so high even as you're watching this going up Essentially what they are is. They're a very well. Back out. Crypto currency so the same. people that made crypto kitties top shah working with lot of big companies. They basically or growing pretty quickly and have the right type of funding behind them. All right so one of the secrets that i teach over at in penny stock is how just on a fundamental basis right to. That's not looking at the technicals. That's just purely looking at You know the actual data in terms of looking at the what. The crypto currency even is or stock or whatever it is You definitely want to know where it stands so because of the background and because of the team behind it crypto katie's dapper wallet. Nba top shot. You know that this crypto currency is going to be around for a little bit. At least you know so It was founded by dapper. Labs dapper labs is I want to talk about this. To dapper labs is one of the biggest type of kinda cryptocurrency companies blockchain based tech companies and. They're in it for the long run. So what they're focusing on doing is you can see. They're raising money at over seven point five billion dollar valuation but they're essentially trying to build a better blockchain with With this here with
"cryptocurrency" Discussed on Download This Show
"Our in studio with ride Johnston and taking Jones mock Fidelis my name and changing the tone in Tyler. Cryptocurrency, stay with me. It's boring. Confusing. But today, I have cryptocurrency direct from the land of ho- quotes. There is I strange new coin that is a Harry Potter themed cryptocurrency, and I couldn't talk about. Introduced me to green take the Shaw's. Unlike some other, let's say colorful, cryptocurrencies like selfie coin and pizza coin. The actually seems to be some good potentially associated with grain. Sorry. It actually comes off the back of an even more ludicrously named in code mimbo. Mimbo wimbledon. Which is actually the blockchain system that grin will live on. Sorry. It's cold mimbo b. The land of how he put that is a spell that one can use to silence people, which is good. If you won't to them from slinging spells at your now. Stay with me the connection here is privacy mock privacy, the idea of calling this mimbo is that a lot of blockchain blockchain currency such as bitcoin on actually as private as what people think they are even there. You're identifier is a string of numbers and lettuce earn as an address agencies can actually start to decrypt that fund out who you are and track all of your transactions. So the point of mimbo is to make that not happen. It's meant to be undecipherable silencing the blockchain. So this means you can't tell if I'm a dementia or a muggle shoal show. Mock thank you going on this that. So in terms mimbo is is the environment in which green will. Anything distinguishes grin as a currency from Cy. Bitcoin or a theory or anything of that night show. Yes. Just like to explain it. As though I am you'll grandparent because show genuinely speaking when it comes to cryptocurrency. I am confused then the main salsa difference actually is the blockchain itself, it's mimbo will than grandma one things that people a client of not happy about with potential of green is that there is no Kathleen it on like with bitcoin with as twenty five million coins actually on the blockchain, but what's interesting about it isn't so much the crypt or it's the blockchain itself. So mimbo the privacy aspect around it that it'll be untraceable allegedly. But almost more importantly is that there are already they're already cryptocurrencies do this Zad cash, for example, but they know private and then grain that's the other thing about this is that one of the biggest issues around bitcoin and a lot of blockchain. Cryptocurrency is that it uses an immense amount of Dada to verify..
"cryptocurrency" Discussed on Software Engineering Daily
"So yeah, that's a good question. I think the sharing knowledge is an old human thing always done that we've always done best when we were able to share based, you know, the wealthiest cities with ones based on trade and commerce not based on on role, power and secrecy. And it's getting easier and easier to share knowledge, obviously, it's getting harder and harder to hoard knowledge. And there's also a question of density population density. How many minds are able to look at the problem at one moment and identity defines affected the Mona sharing is so what able to apply take a question the legal something bizarre into low, and you can get ten thousand people looking at this what the talking about that was impossible before. So there becomes real competition for the old, you know, the kind of the closed we own the specialists, we can define especially because we own lawyers wheel in this politicians, whatever to a more open system where there's you'll competition. There will always be a tension between power centralization and decentralization. I think that's inevitable. I think that's part of the human arms race. I want to own this or we will do this together. There's a real. Fight there in that fight is also I think really essential to how we progress as a species. So when you look at the models from the cryptocurrency community like the blockchain bitcoin the're theory of now with the decentralized autonomous organization, which is this thing that they're trying to do where you can spin up these these corporations, basically that are decentralized, and they have a decentralize. Compensation structure is is do you think this is going to be successful this decentralized organization format from the the cryptocurrency community? I don't know if it's successful in the in the long term in terms of their actual goals. But in terms of of raising the question is being successful ready. The very concept of a decentralized investment fund. This is a strange thing. And I think it's an amazing. That'd be putting here already and that people are really investing in this. I hope that if it fails it doesn't actually hurt too many people, but the long term success comes from exploring these things whether we whether there's individually on. Are there elements of your heavily involved in the distributed systems community? So are there elements when you look at the blockchain and theory him and bitcoin are there elements of what they are doing with distributed systems that can be that that you look at the and you're like, oh, these can be reapplied to things that are not financially related like are. There are there structure, or or is this more of the financial structure adopting things in the distributed systems world that have already existed. Will I'm not really an expert in this. So take this with a pinch of salt masher. I've I've seen a few. I've seen a few different aspects of this. There are for example, with to use Blockchain's for contracts, which are basically, you know, signed agreements between parties, and doesn't require doesn't require a third party to be holding these to be publishing them or something. So I think the. I mean, technically the bitch in the bitcoin community, and the general cryptocurrency community is using zero q in.
"cryptocurrency" Discussed on The Cryptocurrency Podcast with The Startup Coach
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"cryptocurrency" Discussed on The Cryptocurrency Podcast with The Startup Coach
"Here's. Her. Right. Helis on. Of. Four is. No. Awfully into the. But. Her. So. What is? Oh, how's the last? Fine. Yes nine Myers. Or. Still consideration. Percents. Only hers. You're actually. Her attitude do or you are. These. You. All. Purpose. That said. Point. We're perfect. Author. He's. The. Jeez. Case. Are. Videos. He'll ramble. Side. First year. Useful. Recently. Or. Or. What it is. Has. Us. Paul.
"cryptocurrency" Discussed on CRYPTO 101
"Banking system yet? It seems like every turn there's bullshit with crypto. Well, number one, I think chase does have had, but they tend to happen where the best place to steal money from chases directly into the Bank because they're holding everyone's assets there. The corollary cricket would be like an exchange, and we do see hacks on exchanges all the time. And that's just such a great place to steal money from because there's so much money sitting there and crypto currency exchange in different than a Bank. There's ways to recall even like wire transfers and things like that. These banks are like working together in a way. And yeah, there's times where like there have been swift hacks and banks couldn't get money back. Stolen, but there's a lot more oversight and there's a lot more slowness in the transactions in a way, and that slowness gives them time to realize something's going wrong. Whereas with crypto currency, a lot of it were always talking about how fast it can transfer all that kind of stuff. And that's actually a bad thing in a lot of cases. So we have this new technology with really fast transaction power and no way to recall transactions once they're on the network, that kind of thing. And so we end up having people lose money because they're trusting the new technology. Also, there's a lot of liability that chase puts on themselves. So if there's a problem with my mobile banking app, they kind of usually have liability for that and they're gonna take care of it. Whereas if there's an issue with the crypto currency while it on my phone and someone hacks in steals my credentials through that until cryptocurrency, there's really nobody that I'm going to be able to call and talk to about that. And so basically the securities moved to the edges, your own Bank responsible for all of it to questions before we get off security. My first question is. A year later after talking after working in the space after building company after you know you built your own exchange back. I think he said two thousand fourteen two dozen thirteen. Do you still believe crypto currency as occurrences? Not as blockchain technology, but cryptocurrency is the future. Yes, I am so bullish on the technology, but I think that for the issues were describing, I think we all want it to happen really quickly. People are in the space like let's go mainstream, but I just have to check with my parents like what I become trouble giving my parents cryptocurrency counter. You know, like is it really mass adoption? Ready? And I have to be honest that it's not. There are so many things we haven't gotten worked out. So I think it's absolutely the future because there's things that are better. There's property is better about it. It's it's really self sovereign money that we've never had before those properties listened on route to, sir. Yeah. I mean, just the fact like start out with bitcoin. I was blown away the first time I got into bitcoin realized that there's only ever going to be twenty one million bitcoins. So suddenly there was something that government's always had control over, which was the money supply that suddenly with cryptocurrency they don't have control over anymore. We've taken that on ourselves. We have control over that as a people together over these networks. And so. So we also don't have any man in the middle when were doing transactions online. We lost that. When we got banks online, we had talked to our Bank want to send someone money, whereas with cash, I could always just give you cash. Now we have a way to send cash over the internet basically, and no one else has to know that we're doing it. You know, there's even shielded transaction that works like z. cash and things like that where you can do private transactions, and no one even knows what you're doing, but you're sending cash instantly over the internet. That's amazing. You know that never existed before and all the other things that we can build on top of that are going to happen. It's not just money money's just the first thing, but there's social networks. Imagine Facebook being disrupted by a company that does social networking over a blockchain system, and you can control your privacy levels yourself or things like that. There's all kinds of stuff and he chance you watch the TV show Ozark. No, I wish you did because really wanna go into this because let me just purposes a little bit is about a guy who has money and do the whole thing..
"cryptocurrency" Discussed on The Cryptocurrency Podcast with The Startup Coach
"So Iran, just announced that they're going to acknowledge that bitcoin mining is an industry. I. Think it in USD terms, bitcoin boosted in pumped to over twenty thousand dollars USD Therion was over nine hundred dollars USD this week, which is, is quite a difference. And so this is on the Fiat on and off ramps that haven't really existed in Iran. But now are being discovered and so you, you see where they're inefficiencies in the market. And where there were there is good news than, you know, it, you'll, you'll see it really kind of pump and then further. To iran. There's, there's been other news in the market, as well as light Demetre fear familiar, but some wallets that have been associated with silk road were recently seen sending some, some funds are some bitcoin, too few major exchanges and. Some people speculated that, that might be associated with the dump. But then those were just shortsighted assumptions because this is actually been going on since beginning half of August, so you don't not quite it might have been the reason for some, some. Nice activity in some of the privacy coins, that's also been speculation. So I think that. We've seen a big dump as you start to watch the market. Any start to see some of these trends where bitcoin wool will be in a small uptrend up until a certain point where it encounters resistance. And then once it gets rejected than it might fall quite quickly back down to where it's got a bit more support. We'll see if we print new localized lows on this fall down is the next localized run to resistance is going to be the next bull run. Nobody really knows. I think everybody really wanted to be, but the, the, the, the market is a different time now we've got bit max, and we've got the derivative market going crazy with plenty of trading volume. Even if we did see a huge demand would we? See the same spike that we saw at the end of dozen seventeen not likely not not that hard, but as ETF's are decided upon as more projects, meet their goals in actually release invasion. I think that we've got a lot to look forward to. I think it definitely lot look forward to with more regulation, and a lot of the stuff with the deaf set. The everyone seems to be planning a lot of stuff tied to have so interesting. I think the crypto market seems to be chasing the finance market from a when anything happens in the market place. We have to justify it. So we have to come out with the story that explains it on the market went up because of this market went down because of this. It doesn't really mad or but they need to be rationalization and make sure everything is good. I just think the crypto market isn't as good as a rash at, at the rationalization yet, I, I have to agree with you, there, I think that the markets are still quite inefficient. And so even when they're. There's a bit of good news that comes out, you might see a small pump but until that news really makes it around until an opinion can really be formed. Then you might see a delayed pump later for that given coin in relation to late news. And it's, it's, it's funny how that happens because in traditional markets when news comes out, there's so much efficiency, the, you know, within within the second news has been interpreted evaluated about whether or not, it's positive or negative sentiment. There's a default evaluation and analysis on that given asset, and it's got a new, and what's generally very close to accurate result of what that acid is now worth in. So it's amazing level of efficiency. But in my opinion, it means the traditional markets are very difficult for the layman or for the retail investor to invest effort to receive alpha. Which is a return over above the, the risk compensation that they were expecting. So a lot of people are asking me. Now looking at these markets, if it's time to buy a lot of people come to me, looking at the right moment, the right deal, and I found that really isn't a sound, crypto currency investment strategies. Now, let's put all the money in now what is your advice for, though, for people asking is now the right time? Sure it's a great question. I get asked this question quite a bit is well and. It really depends because I it all depends on what your time horizon is, are you investing for the next ten years, if so, then the now's a great time to get it was probably a great time to get in before September fifth or you know, it's before this last plummet are you heavily impacted by temporary falls in the market the answer's? Yes, then you should take a serious look at how much you're putting into the market and should not put in more than what you're comfortable for, you know, with with looking out in seeing a much lesser number at sometimes what a lot of people try to do. They ask is now the best time in what they really mean is, is now the bottom is, yeah. That's all is, is now the best time has really become is going to keep going lower in, if when I say, well, it's, it should be expected that it can go lower. And they say is gonna go lower than five percent in, I don't know does that impact. To your Bill your, your willingness to go into the market now. And they say, yes, I sat right will great. You just answered your own question. If you're not comfortable with it going a little bit lower than you shouldn't put as much as but you're thinking if you are comfortable with going a bit lower, but you'd really like to be closer to the bottom, if that actually happens, then you should probably just put in some of what you're thinking of putting into in total, and you should probably plan on over time gradually adding to, to your to your pot. Right. And so you might if, if your total budget is a thousand dollars to go towards. Putting money away for the next five years, for example, then maybe not all that belongs in cryptocurrency, maybe some of it belongs in a more conservative investment. And then the part that you're comfortable with putting into risky investment than you should put some of that in the market when you make the decision to do it, and then some of it later based on your own belief and what the market is going to do. And the reason why say all this about belief about what you think is because at the end of the day. Would you coin to sleep? Right. You have to be able to sleep while on you have to be able to hold your bags with conviction when, when the markets tanking, and I'm holding EOS or credential or anything like that, right? I'm just look. I don't have everything that I plan on having in these positions. I'm an accumulation phase in, so as we see a temporary run-up. I'm selling a little bit from my position. And as we see these temporary runs down or run at runs down than or negative runs. Excuse me. Then I am accumulating more. And so if I can get a discount on the coin. That's great. And as it goes up, then I'll sell a little bit of the time. It's just in my opinion prudent portfolio management practices. And so, so do you have any advice for those looking to get into crypto currency right now? Get in getting. Yeah, it, it, it, well it if you're comfortable with it, and you've done your due diligence, and you're an adult and you're comfortable with making your own decisions than. There's usually in amount of money that people are comfortable with losing, or paying for the education. So if that number's one hundred dollars three hundred dollars in Brinda, bitcoin, or put into tether or put it into theory, and then branch out into some of the other old coins, you you'll find that you'll start to keep up with the market more you'll find that you'll keep up with development with specific projects. You'll find that you'll start to become a bit like. The expert if you will amongst your inner circle. And so the reason why I say that is because when you have skin in the game, then you'll keep up with current events because you wonder how that's going to impact, you is your hundred dollars worth eighty five. Now, is it worth seventy super thick? Is it worth ten dollars now? And then if the answer is ten dollars than congratulations, you've probably just destroyed a bunch of value. But you've taken a lot of lessons along the way. And so if you were to now put a new hundred dollars in would you I, I would expect that your newfound lessons would help you turn that hundred dollars in two hundred ten or one hundred twenty it's been fun to watch my friends take, first of all, take three months to get into buying? Sure. One, that's a whole other discussion and to once they actually put some money in twenty hundred bucks now, you know, a few thousand couple thousand here there berry. Much interested in tracking. They know you know, Tanner twenty different coins and the really following all the stuff that's going on. That's right. Yeah. Definitely depending on your risk tolerance. Throw one hundred bucks into something, and whatever you're comfortable, using generally say twenty dollars the people who are okay, because people see the price bitcoin was at sixty two hundred US today this morning. I think anything I don't have that much money. Well, you don't have to spend that much money, you can get in at one hundred or two hundred and what have you and by fractions of the coins, if you're somebody who's involved in the crypto spirit and you talked to somebody who's not involved. Please find a way to tell them that they can buy a hundred dollars or twenty dollars or ten dollars worth of bitcoin without having to buy the whole thing, very few projects or coins out there require you to buy whole tokens. It, it really is not a it should that should not be buried. Andrea. You're absolutely right. I've spoken to plenty of people who were very surprised in all of a sudden encouraged about getting involved when they learned that they didn't have to get in with eight or nine thousand dollars Canadian 'cause it's a big leap to go from. I think I'll give this a try to I think I'll put a significant portion of money into cryptocurrencies. Yeah, I agree. And so, I think just by some get a wallet start tracking it, you know, do your due diligence. Find out what you like what you don't like and, and it quickly becomes a addictive. Are there any resources blogs books or newsletters that you had found useful? If people are trying to learn more and get involved in this community. Absolutely. Actually, there's, there's nothing that can replace the human interaction. So there's plenty of events in her on the GTA. There's plenty of events Vancouver. Montreal. Calgary. It's, it's really important that people go to meet up or go to event, bright. And in just search bitcoin cryptocurrency these couple of hot words that will will spring up these events. You've got your own event that goes on a Toronto cryptocurrency conference. That's right. That's the one. And so, I know that I've met plenty of very impactful people there that I've been able to keep in touch with the bitcoin bay, these communities are very welcoming it. That's the best part is it is a close knit community like you mentioned before, but it's a very inclusive and very welcoming one. And so everybody starts someplace and you're likely to meet others that are just getting started. You're also likely to meet a few veterans it, but you're, you're guaranteed. Learn a few lessons. And when you go to these events talk to as many people's you can, you'll be surprise, you know, a lot of people who are dressed up in the in the suits, and whatever they're just getting in and they're. And they don't know what they're doing. And you'll find that the guy in the hoodie over there. He has eleven brick and mortar bitcoin banks, and he's doing this and doing that. And like these people are doing some incredible things all over the map and I see them coming to my events into other events and their stuff going on. So we have an events page Toronto starts dot com slash events. Go, so go check out the stuff that's going on there. You can see all the stuff coming up in the next month. Absolutely. And then to that point to the online communities are rich with information as well. So you've got read it. You've got certain telegram groups that you'll eventually start to discover through these actual events and through read it. So what's up groups telegram groups as well as we chat groups, depending on what region of the world urine? So you were getting to the end. This has been pretty long. It's been great. I'm giving me last words for audience. Sure. So it it's really important. Everybody. Keep an open mind to things right. I'm this coming from somebody who had very closed mind at one point. And I realized how much I missed right? And so it's just it's really important to keep an open mind to things and be skeptical ex- explore, but be cautious. Cryptocurrency is rich with with innovation and opportunity. But it's like anything else, it's filled with plenty of Trump's to in, so it supporting to just come to navigate as best you can. Great advice. So people wanna learn more about you, and who OB. Where do they go? Sure, says easiest to follow us on in our telegram group, so who will be official Canada, three words who will be official Canada. Could search up our telegram group is usually got pretty good conversations going on. You can ask questions interact with or moderators and interact with the community there, you can also follow us on Twitter at who'll be Canada, so it's H. U O B like Bob, I like indigo Canada, as well as you could follow or keep up, with are sub Reddit, which is also who will be Canada. And I'll have links to all those in the show notes then ran for coming out to take on talk to us today. Thanks so much for having me. It's been a blast..
"cryptocurrency" Discussed on The Cryptocurrency Podcast with The Startup Coach
"Here is your host this startup. Gosh. Acre, currency and blockchain enthusiasts. It's a startup Cuccia and I'm here with Jeff Adams from who OBI. Welcome geoff. Thanks so much for having me. So before we get into what who will be is. Let's talk about who Jeff Adams is. And what did you do before cryptocurrency? Okay. Sure. As I'm sure many people have gone through the same process. I didn't exactly come from cryptocurrency. When cryptocurrency came about actually was one of those naysayers back into those and twelve when I first learned about it, it's working at a retail Bank, and I was telling people to keep their money at the Bank, and don't put it into bitcoin, because it was made up in the scam and all kinds of wrong things. So it it's interesting to find myself on the side of the fence. Now, there are lots of people who still say those things, what would you say to those people now? Well, I I've been in their shoes and it you feel a bit silly. When you realize that you were the person. In, in the corner going, LA LA LA LA LA with rely their ice closed, and their their fingers in their ears. Because if you are observing what's been happening in the crypt occur in the crypto sphere, if you will, then you'll be able to see that there's a lot of genuine innovation going on here. And so it's amazing to be a part of so you were financial adviser, and then you got into private capital and investments. Can you tell me a bit about what you did there? Sure, sure. So my, my line of progression was actually looking for something a bit more adventurous or exciting. So as retail banker I found my, my secret sauce. There got a promotion into wealth management don't board there. And so when I moved from Boston at the time to Toronto. My, my wife is from Toronto, then us the opportunity to pursue private equity, which I got rejected and found my way into private capital. Instead where alternative investment? Were thing. And so I was working with common. Cork in line is being groomed to join their sales team. And well, it was very interesting. The company turned took a turn in a different direction, and I was not a part of that new direction. And so I found myself finishing up school from a distance those at Harvard University, and I said to myself is wealth management, truly right? Wanna b because it was pretty boring. It's exciting learning. The new financial products in the new financial vehicles that you're working with. But when these things are stabbed, they're essentially money printing, machines, the companies that, that own operate them. And so, it's in their best interest not to really mess those, and so it the excitement factor really goes away. And so I, I wanted to be part of the decision making process for those investments. So I tried again to find I way into private equity, except this time I was eventually successful. And so I was exploring new industries that that group should invest in. So this is right around August two thousand seventeen so not so long ago cryptocurrency was starting to hit it stride, but I couldn't be bothered with that at the time I had to focus on my new role and investigating new industries. So I looked at the North American edible insect industry. I looked at cannabis and then one of my colleagues was talking about this thing called a theory him and how it's cryptocurrency that people. Take salaries from and I said, why on earth would anybody wanna take a salary from that cryptocurrency, and so eight even though that was incorrect? It was the right is the compelling element that got me to really investigate. And so I, I guess it took me. Eating investigating eating bugs and doing drugs before actually. Looking at cryptocurrency and the, the winning factor for me. Was that the markets were so inefficient? I just spent four and a half years at Harvard learning that arbitrage does not exist. And if arbitrage effort, does exist, then you must drop everything and do everything in your power to take advantage that arbitrage. And so, I did exactly that. So let me see if I understand. Historically, you laughed at crypto currency thinking it's not backed by anything. You know what you're investing in nothing to going through private capital, private equity pass and looking for until alternative investments. You went into edible bugs, which is we have a whole other podcast about. Oh, we could it is amazing. But I know just surface stuff about it at interesting. And you know, I've heard even some of the conspiracy theories, saying that this is all being led by the lizard people, so they can finally eat bugs public and no one will know. That's really fun. It's. Anyway. That's interesting. Great interest, great industry. Honestly. Just because I I don't like it doesn't mean it's not a good industry eating bugs. Particularly sure. And then you're saying, all right. That's great. But now, let's that might not be the industry for you. We went into cannabis and drugs is not using or whatever, but as an industry from an assessment point of view because could be like you got into bugs and they got into drugs and said, no, no, no. I'm gonna get into crypto least of the three evils. Well, actually, I guess what steered us away from from edible insects, is that we had to take a real hard, look at are we investing in taking life, and the answer that we came to was that we were, we were taking that an insect, cricket or mealworm was life. And so we didn't want to invest in companies that took life. So we had to bypass that. That's fair enough. That's great to have principles and. Guidelines that you can add very high level to guide some of these decisions so you stay away from that you decided to go and get into crypto currency because of the opportunities in arbitrage and other areas. Enjoy and where did you go from there? Well from there, I was made aware of an opportunity, a strong role with trading platform. This lead you to who obe- is sort of. So we went through a few enhancements for the platform improved the product really brought a better product to its users. And you know this is in line with their current vision. And so we were able to do that I guess I find myself needing to find greater opportunities in, in every stage of life. And so when I took a step back and I said, all right. So this was a lot of fun, but where am I going to add value over the next six months and? I wasn't very confident in that answer that I had. And so when the opportunity with we'll became out, they're not a direct competitor that just might be an exciting opportunity to instead of just helping one trading platform, then I'd be able to work with a one of the global exchanges, so that I could bring value to many other exchanges in effectively saying, you know, it I've, I can have a much larger impact on the market as a whole and in making these markets more efficient by going this route. And so that kind of that compelled me to pursue the opportunity with Robey. It also sounds like it's a challenge that drives, you it is when there's not as much of a clear Cut Challenge than I tend to get a bit. I feel pigeonholed even though it's only been a week type thing. Yeah. For me, it's Wunderlist I did corporate for many, many, many years fi wasn't working on the most complex than hardest problems. The company was having I got bored and moved on. So, you know, after four or five years at any place. It'd be alright. This stuff is boring. Now. I saw the lays problem with addiction age sure it by. They, they had a great team that was equipped to handle the challenges that they were going to come up on. And so, yeah, it it made sense for me to find something else. So, yeah, just like you said, bigger in just more complex challenges what is who will be. So we'll be is, is more of an ecosystem, I'll refer to or exchange which is generally the third largest exchange by trading volume as who'll be global. And so sometimes for seconds sometimes fourth, but I I've been told that these are good Colton south. And so, regardless, we've got plenty of trading volume that we're. Able to bring to Canadians and Canadian exchanges to the point. We're not just an exchange. We also offer wallet. We have will be capital. We have who'll be louds, both of which are more invested in terms of time effort and capital in blockchain, based companies or blockchain, initiatives, rather than just cryptocurrency. And then further to that than I.
"cryptocurrency" Discussed on The Crypto Street Podcast
"And and then you know of course looking into other crypto currencies to make sure that the the users that you know sort of the active community of cryptocurrency enthusiast still feel like they're they have a home on purse with the currency that they they wanna use one thing i've wondered about so let's take a coin like minero for example i love minero i love the concept i think there's an addressable market that's really big for going like that but i don't really see minero ever getting listed on coin base or now circle with i mean it's already on polonia maybe that's around is but how are these like big regulated entities going to like your guys included do you ever see yourself implementing minero compatibility given that it's an honest and it's hard to trace and maybe that you know brings up tax questions and illicit activities questions or have you guys thought about that or we do have to think about what we can't like thir so we don't actually you can't buy bitcoin on purse because then we'd be regulated as an exchange right and so we have to think in terms of which other cryptocurrencies we may support we have to think about that exchange to because then if you actually can trade bitcoin for jordan coin right will then are we in exchange there and how does how does that impact the regulatory environment how does that impact our users also you can connect up shapeshifts and technically by on purse with whatever other cryptocurrency want by by making that connection but i think for the most part the company position is to try to avoid the politics as much as we can because we wanna make cryptocurrency useful we want that to be a sort of a very inclusive mission of different people in the community that are you know you mentioned roger very like he's a he's an investor of purse and he's like everyone knows he's like really into bitcoin cash.
"cryptocurrency" Discussed on Learn to Code with Me
"Chinese everything is just totally is totally booming uh so it's definitely an exciting time for uh the the ah get kirk is that the kirch waiting referred to it like just like cryptocurrency are dared some cut to market is that is that goud crush them also so as this evolves um curb if you say cryptocurrency everybody knows you're talking about so it's totally fine it's not wrong um as things are evolving there's becoming a bit of a distinction between the crypto currencies on one hand and then tokens or crypto assets on the other hand and i think you're fine saying anything at this point in time but over as we kind of mature i think what you might find is the cryptocurrencies speaks clearly to the the types of coins that are competing with currency so that would be bitcoin is competing with people say goal your money there's privacy coins aikman narrow nz cash these ones that are kind of like kind of like currency or money but their private you can't you can't see scented or receive did or how much it's were so the certain types of the category of coins there are literally competing against currency and then there's a whole other range of questions and they each have their own function and generally people ridge robertas tokens or crypto assets more generally eccentric cetera but there's not really at this point in time a writer wrong way that's just kind of how i hear people referring to them so it's going to be aware of yes so i i know this is such a changing topic and the terms of think you're still being defined and in figured out but in in re in really on my show i never really get too much into like oh the future of tackling i i stay really like present maybe a little bit into the future and and you know really things that can apply to people's lives like pretty much today but do you see that to this these decentralised crypto markets are curve assets in all these things like do you think like there's going to be even more jobs that we don't even think of yet that we don't have a job title yet comic decrypt entreprenur but maybe it or more specific roles that are going to spring up in the in the coming years.
"cryptocurrency" Discussed on Programming Throwdown
"If that copy is wrong or if that cockiest forage or fraudulent than there is obviously going to be a problem uh blot chain is the technology that kind of underlies all this cryptocurrency stuff that everyone's talking about and what it really is is is meant to be a trust list system right and i i see trust less empty and it's also decentralize because it basically works like this instead of one person having one copy of a ludger instead think of it as maybe we've got this whole network of people right in every time a transaction happens stat transaction gets recorded to the ledger but it is get record to one ledger it gets recorded everyone's ledger at the same time in the legers are always sinking ray and so there's not one person with a right or wrong copy everyone has the same copy and it can't really be forged because everyone's copies the same so so that's basically the premise of law she and distributed ludger technology now cryptocurrency is one use case of blushes and and you can really have many different use cases it i can cryptocurrency is just uh you know one of the more popular ones because basically you know back in i think was at two thousand eight two thousand nine uh in anonymous person uh everyone cause them to toe she basically came out with this white paper that introduced this technology and the way the introduced it was through a cryptocurrency and that cryptocurrency as everyone knows today is bitcoin right and so this anonymous person put this thing out into the world aaron slowly slowly slowly it'd be camp began to gain adoption but then when people or reading about it they're like while i'm gonna make white own cryptocurrency and so that's why you have these things called ought coins alternative coins rights so you know um you not only have have bitcoin today you've got things like doj coin and all these other coins to there's a lot of different types of cryptocurrencies through on sandra booze out these this is one thing i've always wondered is green booklet what's his thought me and.
"cryptocurrency" Discussed on The Complete Guide to Everything
"Is an actual house called the crypto castle and its king is jeremy gardner 25 given a racket xiang inventor investor with a hedge fund who has become a defacto tour guide for crypto newcomers one early one afternoon he open a bottle of roh's aa while he charged half a dozen external batteries see would never have to plug in his phone in a beatha spain dikes week i don't i don't trust any cryptocurrency tour guide that doesn't live in an actual crypt he lives in a castle though tim what would it take for you live in a crypto castle with a cryptocurrency hedge fund manager whose charging up half a dozen batteries before he goes to be um like how much money yeah like would i pay you have to leave your wife and i don't wanna i don't want to do that what if you is like i'll give you a five hundred dollars five hundred dollars to leave my wife and move to move across laid out his recent proposal move across the country live in the gaza i do i wouldn't do it tom let me go on record say i would not leave my way for five at while he is got a uh an early valentine's present that he can give your wife yeah i also uh can you just mark that in uh in the thing i just want to isolate did that uh sales that i put on record that i will not leave my way for five hundred dollars in then i'm gonna loop that in play that m over uh in your eyes by peter gabriel uh on valentine's day morning and then you have to get a gift that is the gift that is or you don't have to get india.
"cryptocurrency" Discussed on The Complete Guide to Everything
"Your cheap eu is just the in like it is it to now is it three now is four now five and bay and finally somebody gets it right six usually it's years six but by then mercer mostly is run by the up cryptocurrencies run by the devil in the crypt you could i'm sure there are people out there think bitcoin addresses are the number of the beast mm uh oh but we know from iron maiden that six six six of the is the number of the began so we know from van halen that six six seven is next door to the devil developing advani on the dea go ahead look it up i want to listen to you tug lurd at uh that's not a thing iron maiden maybe the idea said iron maiden they know that so you're guessing at an answer neighbor but by guessing you're also vis verifying the other uh cryptocurrency exchanges and if you're right there is a new bitcoin oh i'm sorry of is trying to look up six six to have a neighbor of the beast why does that have a picture of a like a condo light bats actually were the beast lives it's eight is apparently a sitcom points i don't know down i wanna yeah probably look i on the blues here's her involved this was a yoruba dan fiction wikipedia here i am seinfeld israeli does here know this is fake tom i am i'm gonna i'm gonna i'm gonna call inaudible and go back to what you were saying so that's how it works at tel you're like germany new tweaks i'm going to get about six six seven neighbor of nod is raised you're going to get about bitcoin.
"cryptocurrency" Discussed on Bitcoin Crypto Mastermind
"Testing the mastermind so i'm just gonna let a few of you in at a low price and it's already filling up quickly so if you want to get in i'll let a few of you in so go to tie lopez dot com slash bitcoin podcast all one word by lopez dot com slash bitcoin podcast if the course is closed when you get to the page put in your name in the waiting list you missed out on the first round uh if you see it welcome to the group glad you didn't procrastinate okay back to the show proof of work meaning there are mining rigs that generate a certain amount of hashish is based upon the algorithms complexity and assuming that the algorithm has a difficulty bomb which mathematically years illustrated quite simply as a logarithmic difficulty curve it becomes increasingly more difficult to increase tokens and distribution fire hash reward hints the chart tends to operate as a lager rhythm or a log function okay so that's calculus but in terms of basic parlance for those in the cryptocurrency community we call it the difficulty bomb and this terminology is usually specified in the distribution mechanism distribution terms it's usually inside of in most white papers ice in some cases where you know it's excluded all the talk about us the technology concept but not necessarily the distribution schedule and stuff like that but this is very important to know because without it you don't know how much a dilution you might experience as a result of new token issuance is down the road whether there is a cap on the number of tokens or cryptocurrency or if the cap is going to be unlimited meaning that people could use proof of steak proof of work to keep mining for them forever you see a lot of different case scenario so again distribution and distribution terms are very important you have to look for them in these white papers that you understand what the longterm potential of these cryptocurrency projects are going to be.
"cryptocurrency" Discussed on Social Media Money Makers
"All three work in trade in a similar fashion but there are some differences between them at the time i'm recording this one bitcoin is worth about eighteen thousand dollars one a theory on is worth about eight hundred dollars in one light coin is worth about three hundred fifty dollars there's tons of cryptocurrencies there's hundreds in fact one of my best friends came over the other day we're hanging out talking about cryptocurrency and he said he had recently invested in a chinese cryptocurrency called tron i said how much trauma trading for now he said well when i invested it was at three cents and now it's almost out five cents so his fifty dollars is now worth about eighty dollars so if you're not that into a theory on light coin or bitcoin you can do you research and find other cryptocurrencies online that are trading for less than a penny or you can stick with the more popular cryptocurrencies which i personally have been doing just because it's easier to track in their more established and readily available well i think i should also note that just because one bitcoin costs eighteen thousand dollars that doesn't mean that you have to pay eighteen thousand dollars to get involved you can pay twenty dollars and owned just a small fraction of a bitcoin it's just like the stock market so you can invest ten dollars five dollars you can vest a hundred thousand dollars just like you would in the stock market here's what i'm doing and not advising you to do the same i just received lots of questions asking about this that's why we're here talking about bitcoin and cryptocurrency and a lot of people have asked for what i have personally done and here is i've invested a few hundred dollars a small now not my whole savings and not anything that is going to greatly impact my life if it goes to zero is it possible that cryptocurrency and bitcoin and light coin in a theory 'em all bottom ongo two zero no it's extremely extremely unlikely is it likely that they're going to spike like they did at the end of november and go up.
"cryptocurrency" Discussed on Future Tense
"How many times have you done this today facing paying for your kofi you'll learn shield bills in fact paint that anything is likely to be a very different experience in the future one of the possibilities is that we will digitized money make the move to cryptocurrencies you've probably heard the term and seen stories about bitcoin maybe even a theory of them and bits of news round governments attempting to regulate currencies but do you know what they all how they'll work and the changes that may come with them dear with her eighth to spat cryptocurrencies and whether you know anything about cryptocurrency hood frighten not not ray who he was nothing backing cryptocurrencies by storm blac chyna this way pittsburgh currencies loan zilic select with coins so big like bitcoin uh no i'm doing a stalled this is feature tents and this week i'm hoping to make the confusing world of cryptocurrencies a little claire for you before we can even begin to get our heads around cryptocurrencies we need to take a closer look at the technology behind it most of us have heard of block chain but how many of his really understand it created by a person or group of people under the pseudonym of cibitoke she nakamoto dog chain is a digitized decentralised public ledger historic fee we've only created in introduced new ledger systems won't 70000 thousand years also and every time we have monumental changes have occurred from professors imports director of the book churn an aversion hubbard armata university here in melbourne sir as far back as as we've heard economies and we've had history move had ledger technologies using numbers to records transactions about the fourteenth century we developed doubleentry bookkeeping which.
"cryptocurrency" Discussed on Listen Money Matters
"It's hard to say it's hard to say what the regulators are going to do with with bitcoin specifically in cryptocurrency in general it's hard to say i i got into the needs just all that the yeah so at an al will abortion up the put a little bit in it just to see let me let me ask you we there is bitcoin and then cryptocurrency what is the difference okay these are also terms yeah so i guess to put the things up front what i want to explain this episode since we had such a messy opening here i want to explain what bitcoin is what a cryptocurrency is i want to give a brief explanation of the technology that enables it to work in the way that it does um it's a combination of several different technologies and then i wanna maybe give leg some options for getting your hands on some but not necessarily a recommendation to do so because i feel like if we dislike skip over that part than i don't know people my go do really dumb things to get it we'll get into our feelings later because i i ask strong feelings give strong feelings about it i i thought i was texting you were like this should is a bubble it's stupid i guess we won't talk about it up i had a so interesting uh things still i quote in whatever but so gay tell me about bitcoin and the ballot timbers or what is the release into cryptocurrency.
"cryptocurrency" Discussed on Freedom Fast Lane with Ryan Daniel Moran
"Only has to do with the fact that for you know we've just decided that it it's a store value but it's an idea like everything else but i think that cryptocurrencies take this problem to a whole other level in terms of just you're thinking that something has value i know that they try to grounded in an algorithm and it's supposed to have all these safeguards built dan to avoid know reproduction and all manner of other things but i'm still a to say something somewhat sceptical these could be you know famous last words but i remain a sceptic about cryptocurrency yeah i also feel like people are buying it retail right now and it's almost like they're hoping that fire by opec and time and capture the growth that they missed out on any i wish i had bought ten sentenced to an hour or two thousand but i didn't and need buying it now does change that fact so if you're trying to catch a trend that they have no control over that makes me i also have sort of a different fundamental problem with say you know bitcoin for instance now understands that the bitcoin program the way it works out like he's fewer and fewer bitcoin's or becoming available at some point there won't be any more at all and then supposedly are going to have the president's president's gonna skyrocket i guess what my concern is like every other commodity that there is in the world in a capitalist system when profits her you know off the charts on something that invites competition and i don't see how bitcoin can maintain essentially a monopoly position in cryptocurrency forever and it will just have to invite competing currencies and then once that happens then the value of bitcoin's is going to go down because they don't.