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1  Bitcoin / Bitcoin Discussion / Blockchain is the catalyst of the fourth industrial revolution on: August 10, 2021, 10:02:58 AM
Nowadays human beings are undergoing a major technological change after the Internet, and society is entering the so-called fourth industrial revolution. And with the emergence of Bitcoin, blockchain is one of the most important technological breakthroughs in the 21st century.
Blockchain is a distributed ledger that uses encryption technology. It has the characteristics of being distributed and immutable. Artificial intelligence-based projects can store data in multiple systems and achieve seamless access through decentralized blockchain technology. In order to be able to continuously analyze data under the strict protocols required to achieve the desired results, artificial intelligence analyzes large amounts of data by allowing data to be correctly layered and shared, automating ordinary processes and bringing them to the forefront of the times efficiently. Blockchain can process data in an environment protected from external interference, and data ownership and order must not be tampered with. This can complement artificial intelligence and solve many of the trust issues facing humans. The development of blockchain technology can also provide users with a decentralized platform, allowing users to realize the realization of their own data, and it can also play a better role in data protection.
Today more and more professionals in the market believe that artificial intelligence and blockchain play a role by analyzing large amounts of data and solving problems in specific industries. At present, mankind seems to be entering the fourth industrial revolution of the combination of blockchain and artificial intelligence.
Do you think blockchain and artificial intelligence will lead the fourth industrial revolution?
https://news.todayq.com/analysis/is-blockchain-the-fourth-industrial-revolution-after-artificial-intelligence/
2  Economy / Economics / Can developing countries follow El Salvador use Bitcoin? on: August 07, 2021, 06:16:30 AM
Since El Salvador became the first country to approve Bitcoin as a legal tender, it has become international news and has attracted attention from the market, especially the cryptocurrency market. Many countries are paying close attention to this big move.
Using Bitcoin in El Salvador can bring meaningful social benefits to many people who do not have a bank account and cannot access basic financial services. People can benefit from the potential of low-cost remittances and durable savings accounts that are not affected by money supply expansion and hyperinflation. And with the advent of the Lightning Network, using Bitcoin as a payment method has become more feasible.
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“We build our own future. So why do we have to resign ourselves to a dystopic future?” said President Bukele. “This will be a huge game changer not for El Salvador but for the world. It’s beautiful to be part of a huge change in humanity.”
The whole world is watching the important first step taken by El Salvador. Using Bitcoin is not just a trend, other countries will eventually learn that Bitcoin can increase national wealth, and some even keep it in their treasury reserves. With Bitcoin the longer you wait, the rewards will start to decrease. Countries at a disadvantage may consider taking measures as early as possible to give them an advantage over other larger economies. So will more countries follow El Salvador to use Bitcoin as legal tender?
https://www.forbes.com/sites/lawrencewintermeyer/2021/08/05/could-developing-nations-follow-el-salvadors-move-to-bitcoin/?sh=e930afe28b70
3  Economy / Economics / Bitcoin doesn't care about Tesla and Amazon on: July 29, 2021, 06:52:48 AM
At the beginning of this year, Tesla announced that it would accept Bitcoin as a payment for car purchases, and the price of Bitcoin has skyrocketed as a result. In May, after Musk announced that Tesla would no longer accept Bitcoin as a payment option due to environmental concerns, the price of Bitcoin began to dive. At the beginning of July, Musk said that Tesla would resume accepting Bitcoin in the future. Last week, Amazon issued a message to recruit people in charge of digital currency and blockchain products, which aroused people's attention. Therefore, many people would think these news caused changes in the price of Bitcoin.

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Trendlines act as support and resistance levels once widely recognized by traders, creating either a floor for price-action recovery or a ceiling for downward momentum to resume.
But bitcoin price fluctuations are largely affected by technical indicators rather than basic events. Bitcoin's short-term upward trend began before Amazon's job advertisement was announced, and the pace of the trend does not seem to be affected by news reports. These news will affect Bitcoin's short-term price fluctuations. In the long run, Bitcoin will not care about Amazon's recruitment information or Tesla's sentiment to cause price fluctuations.



https://www.forbes.com/sites/martinrivers/2021/07/27/bitcoin-didnt-care-about-tesla-and-it-doesnt-care-about-amazon-either/?sh=48dd020513b8





4  Economy / Economics / Central bank digital currency will improve the use cases and value of Bitcoin on: July 23, 2021, 03:11:40 AM
The high degree of centralization and traceability of digital currency will strengthen the ability of the state or regulatory agencies to grasp the data and information of the people, both subjectively and objectively. Human greed and government mismanagement have destroyed monetary policy without exception. CBDC is the same as all other types of fiat currencies, because people will get into trouble because of inflation and heavy currency control.
Bitcoin frees people from monetary policy.  The central bank cannot put the cryptocurrency sprites back in the bottle, The power of the market in a more open currency selection system will mean that cryptocurrencies are expected to play an important role in forcing these politicized central institutions to better manage their people’s funds. CBDC may also be an opportunity for Bitcoin to help increase scalability and liquidity, it will make Bitcoin more priceless.
5  Economy / Economics / Why is cryptocurrency bullish in the long-term on: July 06, 2021, 03:19:06 AM
Buffett said, never depend on single income,make investment to create a second source.
Investment is very important, and now more and more young people like to invest in cryptocurrency. Why are they so optimistic about the crypto market and how do they analyze and profit from it?
6  Other / Off-topic / Alleviating pain from a burn? on: March 19, 2021, 07:25:29 AM
Earlier I was pouring hot water into a hot water bottle and accidently poured the water over my hand. I've had it under cold water for ages but its unbareably painful. Anyone have any advice?
7  Other / Off-topic / How is life fair? on: March 15, 2021, 09:09:08 AM
So i work my ass off for everything I have, I don't make much money in general, it's all under the table tho, I dont get a W-2, yet these stimulus packages all require a person to file taxes, but it gets even better for me, the government in their infinite wisdom is only sending out limited amounts of paper checks, which is the ONLY way I have to collect a stimulus, i dont draw disability/ssi, or anything like that, and because of the virus scares everyone in my area doesnt want to interact with many people at a time so business has declined (I clean houses), I NEED these checks to survive. Yet the government doesn't give a fuck about the little guy they so desperatly want to claim they r protecting and taking care of, yea great fucking care indeed assholes
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