That's right, Meta is also considering developing a market place where NFTs may be bought and sold. Millions of NFT aficionados who use social media may be excited by the news, but all of the projects are still in their early stages and may change as a result.

The truth is that Potential earnings in the NFT sector are become increasingly difficult to ignore. Even conventional brands are expected to enter the NFT sector and look into ways to profit there, according to businesses.
Its really not surprising that Leading NFT marketplace Open Sea just exceeded the $3.5 billion barrier for monthly transaction volume, and this only indicates that simply within the platform, NFT trading costs more than $169 million each day. NFT market sales tracking data also indicates that there have been $25 billion in total sales to date.

https://cointelegraph.com/news/meta-reportedly-plans-to-integrate-nfts-on-facebook-and-instagram-profiles

I actually think this plan is a better one.

For the three months ended in June, Meta (FB), the parent company of Facebook, reported sales of $28.8 billion, a 1% decrease from the corresponding quarter in the prior year and its first year-over-year revenue reduction since going public in 2012.

The company's profit decreased even further. A significant contrast to the previous year, when its earnings more than doubled, was the net income for the quarter, which fell 36% year over year to close to $6.7 billion. The average price per ad dropped by 14 percent year over year according to Meta, which is concerning given the weakening demand for internet advertising brought on by the recent economic crisis.

According to a Reuters article, Zuckerberg told staff in a Q&A that "this might be one of the biggest downturns that we've seen in recent history" when he announced earlier this month that the business will reduce plans to hire engineers by at least 30% this year. The company said in its earnings release on Wednesday that it had "continued to concentrate resources toward our company priorities while reducing our recruiting and total spending growth expectations this year to account for the more challenging operating environment."
Following the earnings report, Investing.com senior analyst Jesse Cohen wrote in an investor note that "the social media company faces several challenges in the months ahead, primarily a slowdown in revenue growth due to reduced ad spending, as well as a lack of innovation and introduction of new user-friendly features." Investors "need to worry about the negative impact of prospective regulatory moves by the U.S. government," according to Cohen, in addition to the other factors.

Also, on the call, Zuckerberg also discussed the company's decision to increase the proportion of suggested posts that Facebook and Instagram users see in their feeds as opposed to posts from accounts they follow. Zuckerberg has described this as turning the company into a "discovery engine." This week, when a post urging users to "Make Instagram Instagram again" went viral and was reposted by Kim Kardashian and Kylie Jenner, user backlash to such changes on Instagram reached a fever pitch.

https://edition.cnn.com/2022/07/27/tech/meta-q2-earnings/index.html

How does mark plan to maintain Mata as a social media platform and a search engine all at the same time?

Many speculators anticipated that the price of bitcoin would "moon" after the most recent consumer price index (CPI) print revealed an unexpected 9.1 percent (or 9.8 percent in cities). Instead, the price movement of bitcoin corresponded with other risky assets. Many people inquired why and threw the anticipated tantrum. "When moon? I thought BTC was a hedge against inflation,"

Remember that the network effect of bitcoin has only been around for 13 years, making it a robust asset. How resilient is it? While the dollar has continued to soar, recording new yearly highs against the British pound, euro, and Japanese yen year to date, it has become a wrecking ball against the majority of foreign currencies and risky assets.

Some ordinary investors are frustrated by Bitcoin's price movement. This is so because retail does not control the market. Institutional investors and "big money" control it. Institutions control the market, yet they are constrained by laws, rules, and policies. As a result, investors see bitcoin as a risky asset and turn away from it when inflation spikes (latest print: 9.1 percent), especially in an environment of high interest rates (also known as "quantitative tightening" or "QT"). According to many investors, the existing fiat system and traditional finance in general, "cash is king." When the DXY increases, institutions sell their risky assets (go risk-off) and buy cash (USD) and cash-flowing stocks.

The Fed's policy cannot be maintained. Both they and we are aware of this. By including a liability to their balance statements, they can't and won't stop printing (debt to be paid off by future generations). What is the remedy? The answer lies in bitcoin. Cash will still reign supreme in two months, but in two years it will revert to being trash. Bitcoin will continue to function in the interim, and investors (both retail and institutional) will recognize its value.

https://bitcoinmagazine.com/markets/why-bitcoin-is-a-cds-on-the-fed

True, however Tesla now uses four facilities that are fully operational. Only one is in China, while three are in the United States. And this is outside the other factories he has in Germany and Canada..
How do you justify his decision now?

Many of our issues are resolved by Fedimint in a single system. It provides us with an additional degree of security to maintain the whole decentralization, anonymity, and ownership of bitcoin.

It also provides a way for bitcoin users to distributes trust. With the help of the open-source protocol FediMint, teams of people can establish federated Chaumian Mints for Bitcoin. People who deposit bitcoin to these federated mints receive Ecash tokens, which stand in for various sat denominations.

In exchange, they can send these to other users within the mint while maintaining a high level of secrecy. Members of the federation are unaware of who is transacting with whom once users have entered the federation and are using Ecash tokens. This is a highly innovative technique to improve end users' privacy while fostering a setting in which bitcoin may grow to serve billions of users as well.

Despite the uproar caused by Tesla's announcement last week that it has sold 75% of its Bitcoin, the corporation claims to have $222 million worth of "digital assets" as of the end of June on its balance sheet.

The new information was included in the company's quarterly report, which it submitted on Monday morning to the U.S. Securities and Exchange Commission.
A few days before submitting its complete earnings report to the SEC, a company will frequently issue a press release and hold an earnings call. Because of this, information of Tesla's sale of $736 million worth of Bitcoin on Wednesday spread before the firm provided any information.
During the company's earnings call on Wednesday, Tesla CEO Elon Musk added that the company had sold its Bitcoin to raise cash as COVID lockdowns in China continued.

Musk stated on the call last week that the reason for the sales was the uncertainty around the end of China's COVID lockdowns. Given the uncertainties surrounding COVID lockdowns in China, it was crucial for us to optimize our cash position.

But in the hour following the revelation, the price of one bitcoin fell by 2.5 percent, reaching $23,078.18 on Wednesday. According to CoinMarketCap, the largest cryptocurrency in the world by market capitalization has further declined and was currently selling at $21,969.29 per BTC.

Meanwhile, it appears that the news that Tesla had sold a significant amount of its Bitcoin was well received by its stockholders. Prior to the announcement, TSLA shares were trading at $742.50 at market closing on Wednesday. As of Monday afternoon, they had risen 9% to $812.16. According to Yahoo Finance, that is the highest the price of TSLA shares have been since early May.

https://decrypt.co/105923/elon-musk-tesla-holds-222m-digital-assets-after-dumping-bitcoin

My question is what is the relationship linking Tesla corporation and the COVID lockdowns in china?

Or was this just a well laid out plan to raise his trading prices?

David Chaum, a computer scientist, introduced e-cash, a novel method for users to spend digital money without disclosing their personal information, 33 years ago.
Similar to these carbon slips, Chaum's DigiCash issued "cyberbucks," which were online virtual credits that could be converted into dollars through banking partners. His vision for the early 1990s was a society where people could go about their everyday business, shop, and transact without fear of being watched by a burgeoning Orwellian corporate state.

Unfortunately, Chaum's strategy was unsuccessful. DigiCash filed for bankruptcy in 1998 because it struggled to establish itself as a recognized business. Following the September 11, 2001 terrorist attacks in New York City, American and European authorities implemented a new round of financial security measures.
These "know your customer" and "anti-money laundering" regulations put an end to any possibility that establishment banks could actually protect the financial privacy of their customers. The dream of e-cash was over.
Chaum's concept is currently, however, being revived and improved upon as a result of an unusual partnership in the Bitcoin community.

https://bitcoinmagazine.com/culture/will-fedimints-bring-bitcoin-to-the-world

My question is CAN FEDIMINTS ASSIST IN THE WORLDWIDE SCALE OF BTC?

What are your thoughts on this..

Affordable is wholly dependent on your level of luxury, being able to afford a certain goods or services doesn't make it cheap.

Cheap on the other had is kinda universal, indicating that a good number of people can afford it.

its low in price and could be low in quality as well

But it all depend on an individual or groups perspective 

Celebrating Easter with our families and friends is fun and nice but comes with a lot of expenses too.  Most people in the  spirit of celebration, spent their life saving to celebrate this season. But I think it is more wiser that they "invest in something that will be more productive rather than spending all you have to celebrate Easter

The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

Although Vladimir Putin, has attempted to defend his invasion of Ukraine on several occasions by claiming that he was merely responding to the danger of NATO moving east.
The Russian invasion of Ukraine clearly looks to have bolstered NATO: After remaining neutral for decades, Finland and Sweden decided to ask for membership in NATO.
Yoon Suk-yeol, the new president of South Korea, will be the first representative from that nation to attend the summit along with delegations from Sweden and Finland, both of which have also submitted applications to join NATO.
Prime Minister Fumio Kishida has also announced that he intends to attend a NATO summit for the first time ever.

NATO has also invited Australia and New Zealand to the summit as a result of Russia's invasion of Ukraine,
https://www.reuters.com/world/japans-kishida-may-join-nato-summit-discuss-ukraine-crisis-kyodo-2022-06-04/
This is clearly the exact opposite of what Vladimir Putin wants.

With all these consolidation of power by Nato, what chance does Russia has to still win this war if Nato decides to freely throw its full weight behind Ukraine?

Big firms like Intel are coming into the sector by bringing their custom ASIC knowledge to produce processors for SHA-256 hashing, according to a recent story in Bitcoin Magazine, stating categorically that newcomers and small mining businesses will face more challenges when more efficient mining machines are introduced.
To my knowledge, the mining algorithm was created as a 'Red Queen Game2', or a multi-leader Stackelberg game for the economists out there. The Nash equilibrium isn't supposed to be affected by the advent of technologies that cut the cost of mining operations—at least not if all participants have equal access to them.

But I can't help but wonder if these new big time players could use new technology to greatly influece the Mining and Hashing power of bitcoin thereby reducing its efficiency. What are your thoughts on this?

If we are being true to ourselves, one of the major problem of the society nowadays has its roots in the failure of the family to bring up the next generation properly. Many children grow up to become problems to themself and the society at large because of parents negligence.
There is little the government can do at a point in an individual's life when the unit responsibility for its foundation building fails (apart from locking the person on in a correctional facility or something).

Parents should be more responsible and accountable for their wards. I believe this would be by far a better solution instead on waiting on the government to do everything.

One thing you should keep in mind is there is no part of the world you won't find the poor. No matter how developed a country is you'll still have the poor in your midst.
I come from a country where the government pay no form of attention to its citizens and it took me a while but I eventually understood that if you want to be rich in spite of a corrupt government you would.
There are remarkable people in the world today who started from nothing and today they are millions without the help of any government whatsoever.
Dubai is a remarkable country with so much opportunity to get rich,  if you live in Dubai and remain poor then no matter where you go, there would always be a very high probability of you will remain poor.

It is true that despite escalating sanctions and the bullish pace of the greenback, the Russian ruble has seen significant gains versus the US dollar nearly ten weeks into the war. The ruble was up 20.32 percent against the dollar as at the begining of the month, trading at $67.09, down from $84 a month ago.
Fears of a eurozone recession, along with the Euro's bearish trend, have also reignited the possibility of the currency reaching parity with the US dollar.

https://nairametrics.com/2022/05/04/russian-ruble-gains-20-against-the-dollar-within-a-month/

But inspite of the fact that the ruble is currently swinging in value versus the dollar, the Russian economy is significantly showing indications of deterioration. Russia's economy is experiencing a downturn unlike any it has ever seen, and this and many reasons has made many educated Russians to apparently abandoning the country. In a report, the Institute of International Finance stated, "The current crisis will wipe out 15 years of economic improvement."

The idea of a cashless policy is a very good idea to me. And in my own opinion, the merit's outweights the demerit.

I took out time to really ponder on the option of bitcoin and the cypto market. The idea that a decentralized currency can be created which defeats the quest for control by the Government and their numerious policies is just awsome. But let's consider this question. What is man with out these policies and law's? Have you considered a world without any form of financial law and policy to govern it? The pros of the decentralized financial system could be all glitering and good, but who really stands to gain from such a world? THE INNOCENT whose just want to be free from regulations like a child who want to run away from home OR THE CRIMINAL WORLD whose very agenda's can only be distrupted and or made difficult by these Government policies we are so eager to get rid off.

I am no fan of laws to be frank, but the truth remains, can we really survive in a world where every individual and easily place an order and pay for the death of another (or commiting any other form of crime) by using his phone just like ordering for a box of pizza and there is no systen to trace such transaction?.

This could be quite helpful, I hope you find what you are looking for through this Link

Russia's invasion of Ukraine is a direct challenge to Europe's postwar order, which is articulated through multilateral organizations like the EU and NATO and is backed by US strength. It needs to be seen if these systems buckle or are re-energized by the Russian threat. It's also uncertain how China will balance its ties with the West and its Russian neighbor in the long run. China has actively prepared for a period of geopolitical turbulence by hoarding oil and commodities as a reserve buffer, while maintaining friendly relations with Russia. Beijing is in a good position to help L&MICs mitigate the conflict's negative consequences. Debt has crippled many Asian and African economies, which are reliant on Chinese inbound investment and commodities consumption.

How do you think China would respond to this crisis? your thoughts please.

There are more than one sides to this.
Economically speaking, the idea of government paying pension to individuals who live for more than God knows how long could be a really big concern and a treat to the economy. From the part of world I come from, the Goverment would simply stop paying pension and leave everyone to their faith. I do not agree with this strategy though.

Lets also consider the individual involved, i have met a lot of old people who just want to be put out of their misery. Alot of old people suffer from issues raging from loneliness, severe pains due to sickness and even to neglet. The question is what would you want if you were in their shoes?

It might sound barberic and crazy that a government would be encouraging its citizen to willingly sign an agreement to get euthanized at a certain age, but lets keep sentiments aside and view this from several angles.

Nonetheless, i belive there are other economic options that the government could explore that would solve their pension and economic problem.

One of which is to take off the pension scheme from government to private institutions which would deduct from their salaries and begin to pay when they retire.

If you are looking for tech options, try Data analysis, Data science, and you could go further to aqcuire skill's in Data Engineering
You could also look at front-end encoding, UX/UI product design. There are alot of Tech options out there, do a research and find out which one would suite you.