Comrades, I need your opinion. I signed up for an airdrop from the DFINITY project, which promises to send coins for an amount equivalent to 100 CHF. At the same time, they ask to participants to pay $ 9 for the passage of KYC. It seems to me that this is a fraud, but what do you think?
Can the project require money for the passage of KYC and should I do it?

Large scale institutions are doing all in their power to accumulate as much as possible at their lowest prices. But we will find out how things play out. People have been predicting bitcoin to hit $100K+ by the eoy and with 3.5 months left, we're nowhere close. Though I felt the same way, sometime like maybe its a pipe dream.. but a lot of people still believe this, and one thing that I think I saw for certain the other day.. That Walmart fake news for example.. The price within 10 minutes went from like 44k to like 47k .. I don't think that was small investors who drove price up that fast, I think that was institutional money buying the fake news..

As is mentioned earlier, when Bitcoin is born, mankind entered a brand new civilization, which I named Bit Civilization. In my opinion, it's a higher civilization based on the idea of Bitcoin and will transform all aspects of human society, including but not limited to organization, family concept, tool, language, word, belief, law, system, city-state, country, assets, ethics, culture and art. The booming crypto world is the embryonic form of the future Bit Civilization.


As far as I'm concerned, substantially, human civilization is consensus, so is Bit Civilization, currency and value. Consensus constitutes value and value constitutes civilization.

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So what exactly is consensus? Consensus mechanism is one of the core concepts of Bitcoin, only when we fully understand consensus, can we be more clear about the value that Bitcoin brings to us.


As I see it, the simplest explanation of consensus is shared knowledge, view, understanding and goal, which will temporarily eliminate differences and ease contradictions, rendering collaboration possible.


Another meaning of consensus is agreement, or contract. Reaching a consensus is garnering a contract. In constant struggle, compromise appears frequently, and the process of compromising is the course of forming an agreement. Consensus is to fix the agreement in the form of opinions, concepts or laws. Major difference indicates big consensus while minor difference signifies small one. In the history of human civilization, most of the consensus was formed in compromise.


We live in an objective world where the stimulation of education, learning, media and other external factors is ceaselessly affecting our cognition and then forming our subjective mind. Cognition is the fruit of accepting the consensus that exists. Concepts such as organization, family concept, tool, language, word, belief, law, system, city-state, country, assets, ethics, culture, art and so forth are not innate, but shaped owing to numerous collisions and concessions in violence and argument. In many cases, things themselves have no concepts and values at all but endowed by the collective consciousness of mankind.


In the past 5000-year history, human civilization came into being on the basis of consensus reached through repeated violence and compromise. But when Bitcoin was born, everything changed. Before, human nature determines whether a consensus can be achieved, normally by violence, treaties, agreements, laws and other forms. However, Bitcoin gives technology and algorithms the access to forming consensus . The previous consensus can be changed and discarded at will. Yet the consensus of Bitcoin is founded on cryptography and mathematics, and that abides by the laws of mathematics sorely.


That is the consensus of Bit Civilization, whose cornerstone is algorithms and technology, transcending human nature in that it is not governed by people and it manages people with the help of algorithms. That's why I gave it that name, it is an advanced human civilization. Bitcoin is leading us from a low-level civilization to a high-level one. It may take one or five or even ten decades, but I believe it will come and no one can stop it.


This is my understanding of some basic concepts of consensus. What's your point?

Indications from different angles has been established toward having the second breaking of record in the adoption of Bitcoin as a legal tender by some countries in the likes of Paraguay ever since the first adoption by El-Savador, more effontery has been geard towards the move by responsible citizens while some even promise to legalize it if elected in their political post ambitions.

In Paraguay, all expectation is high toward the next step of government action in adopting Bitcoin as it's major currency, the question now is could Paraguay be the second to adopt Bitcoin as a legal tender? .... If yes, are there more visible indications to buttress the notion.


El Salvador is a recent body of water that accepts bitcoin making payments in bitcoin and we see this as a step towards making bitcoin popular. and if Paraguay is the next country to accept bitcoin then this is good news for our bitcoin.

Hello. All. Actually first I come in this space (crypto) in 2017 where btc was $1.8 K to $19K. Right Now Btc is approx $35K.This was really a very interesting exp. for me. Today, i was though t Crypto should be in the Syllabus of students all over the world because there are lots of opportunities in this pace for Young Generations.

What your Opinion for the same?

I have been thinking about the significance of Bitcoin to human civilization these days, to understand Bitcoin from different aspects. These are mostly my prediction for the future of mankind based on the current situation. Perhaps not all of them can be fulfilled, but I still feel that they can offer us a direction in exploration and in the building of Bit Civilization.


As I see it, during evolution of human civilization to a higher level, the foundation of our civilization will become Bitcoin standard. Bitcoin will be integrated into the blood of human civilization and rise to be the infrastructure of the entire human civilization.


The core value of Bitcoin is that it solved the barrier of trust by technology, established Machine Trust and reached a consensus on decentralization. From the perspective of the long-term development of human civilization, the emergence of Bitcoin is a manifestation of free will of human beings and that involves the fontal secrets of the universe and life.

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Who I am, where do I come from, where I'm going. They are the three basic questions of human philosophy.


When ruminating over those questions, I found Bitcoin has revealed some of the secrets about life and the universe.


Every individual in space equals to a node in Bitcoin network. Moreover, as every node contains all information of the parent chain, each individual embodies a complete set of the information of the universe, like holography.


Every individual of us contains all the information of the universe, so we are the "holographic mirror image" of the vast universe.When our spirituality wakes up, we are numerous Satoshi Nakamoto ourselves.

holographic:https://en.wikipedia.org/wiki/Holography


In addition, every node is equal and liberal, so is every individual. Any of them have the right to reach consensus on data in blockchain and the right to make our their choice and decision .


Blockchain’s moving forward means that relatively majority of nodes have reached a consensus over something. That’s how one chain grows to be the parent chain, the longest one, and the result collective consensus. The upgrading of human civilization works the same way.


Every individual is a node on the blockchain of human civilization. Every node is free, equal and can make decisions freely. A relatively large number of nodes can reach a consensus on everything, which determines the evolutionary path by collective consensus.


That is the fontal secret of the universe that decides the evolution of human civilization, constructing an advanced civilization with Bitcoin as the cornerstone and rendering Bitcoin the infrastructure of human civilization in the future.


Under the existing currency and financial system, each of us is being exploited, forced to withstand inflation, and our wealth diluted and looted. The value of the currency we use now depends on the trust of a third party, especially now when fiat has reduced to a pure credit currency for the sovereign governments who have the desire to issue currencies excessively.


In the 21st century, the repeated and persistent inflation has shown that this situation needs to be changed. We must create a new type of super-sovereign currency that is trust-free from the third party---Bitcoin.


The highest trust is trust-free.


We totally have the right to choose which human civilization to step on, which currency to defend. We have the freedom to make Bitcoin the parent chain of human civilization and base on it, to build a higher civilization.


In the future, a globally liberal economic system will be established on the foundation of Bitcoin. Any economy can release its own currency on the basis of the value of Bitcoin free from the control from governments. Under this circumstances, for every individual, which currency to choose depends entirely on the free market.


What do you think?

I started putting 1k into Bitcoin every time it drops by 5k since 60k. And I ran out of funds a little while ago.

The fact that I can’t buy this dip just makes me extremely uncomfortable.

It makes me feel shifty and nervous of the fluctuations. Whereas before I looked forward to it falling so I can just buy.

I guess this is the part where I wait.

hi,

it happened to me before with CHZ, now it seems history repeats and I ended up with a bag of SOL.
What's best in my scenario, still trade it and accumulate more SOL, sell and look for something else or holding it hoping one day i'll reach again $200?

thanks

After launching a smart contract, it will make him return to his initial appearance ± $ 200 usdt, more over Hhampuz holds a bounty with a focus on heroes and legends, he did not waste this opportunity.
Analytically how long will he return to the fund?

https://decrypt.co/80754/cardano-to-launch-smart-contracts-today-but-where-are-the-dapps

Hello guys
Is this really a good project to invest in Solana?Any price prediction in future?
Mainnet is coming in Q3.
Please suggest me...
Thanks

im trying this trading thing but its not working out so good. every single time i buy something, it completely tanks.

is there a way to follow the trades real time of a successful trader without using twitter??

thanks.

also just bought solana and ankr so i would completely stay away from those for awehile, already tanking bigtime

We have etherum bossing altcoins since time past and there has been non replica of any coin that has tried bossing etherum
Just like bitcoin is a king on its own, etherum remains a king on its own too.

Looking forward to the influence of bnb tokens, and okb tokens can have on etherum dominance.

Yeah, it always start on greed, you could avoid such problem if you just think the red flags when someone called you out of nowhere and start doing business without doing research of how the business works, you could go to jail sooner or later, probably maybe for money laundering and some scam made by your partner if the one who called you is serious of reporting the scam.

That's actually pretty good because the more people using bitcoin, the higher the demand for it, and the more demand for it, the more the prices go up so yeah I welcome them using bitcoin for something that they want to add to their website.

Binance is issuing some reverse splits on its bearish leveraged tokens, which are performing really badly, but how a maneuver like this, practically, works?

I know that the procedure is all about "removing" a certain amount of tokens in circulation, in order to forcibly raise the price, and, consequently, even your amount gets recalculated according to the original proportion of the split, but how this procedure actually works?

How can an exchange modify your personal supply?



-Important disclaimer: I DO NOT own any of those tokens, it's just curiosity.

I recently got 10,000 USD after my FD (Fixed deposit) matured and now i want to invest all those in the crypto world as the returns are best here.
Please suggest me different places where i can invest these 10,000 USD in the crypto currency world as i never done big investement in crypto before so please give me some ideas.

I think the market will have a few months for altcoins or in September

I am thinking of some trends
- NFT
- Top altcoins
- Polkadot ecosystem
- Solana

What altcoin trend do you think will be the best in September?

I tend to choose Polkadot.

I stopped watching at 20 second mark, I've seen what I need to see, they're deceiving people by letting them think that their company is more than just a bunch of credit card which is in fact it really is. Man that's a bit egotistical and ballsy of them to say that they're a signature.

I am still not surprised that many people leaving in this era still don't know about Bitcoin or digital currencies. I was discussing with some one about bitcoin and it's achievements over the years and how this past few years has gained massive ROI for investors and he was so concerned about how people got scammed using online platforms giving negative attributes to Bitcoin to him bitcoin is a Ponzi scheme.

Many still find it difficult to accepting this digital era because of their past experience with internet fraudsters and looters who made many bankrupt when ponzi was introduced. How do you think this stigma can be dealt with and how do we get people out of this so the don't get left out due to their FUD letting them settle on their negative notion about crypto generally would only make them aggressive with crypto investors and would still see the world the way men in the 80s saw it with lots of limitations