October 8, 2022
ECONOMY NEWS
Unemployment (Reportedly) Falls to 3.5% | Likely Response by the Federal Reserve | Benjamin Cowan
https://www.youtube.com/watch?v=cL7dkdHS-2k
This is fake but official number will give them the green light to start raising interest rates much higher
How to Build a Fortune this Bear Market | Heresy Financial
https://www.youtube.com/watch?v=6rrqQbt8BJY
CBDC NEWS
https://files.catbox.moe/ghcskp.jpeg
YAHOO FINANCE - Ground-Breaking SWIFT Innovation Paves Way for Global Use of CBDCs and Tokenised Assets https://www.yahoo.com/now/ground-breaking-swift-innovation-paves-083000949.html
INVESTING.COM - SWIFT says it has reached a 'breakthrough' in recent CBDC experiments
COINDESK - SWIFT Says It's Proved It Can Be the Way Forward for Global CBDCs https://www.coindesk.com/business/2022/10/05/swift-says-its-proved-it-can-be-the-way-forward-for-global-cbdcs/
FXSTREET - US House Committee turn to DoJ for CBDC development as SWIFT resolves cross-border transfer hurdle
REUTERS - SWIFT sets out blueprint for central bank digital currency network
https://reuters.com/news/picture/swift-sets-out-blueprint-for-central-ban-idUSKBN2R00G3
(UK) Pension Funds Were Hours From Being Wiped Out | The Economic Ninja
https://www.youtube.com/watch?v=RiVCrhY3G4M
Kuppy (Hedge Fund): ESG & Other Bad Energy Policies Will Cause Worse Global Energy Crisis In 2023? | WallStForMainSt
https://www.youtube.com/watch?v=mTho_BYncZ4
CRYPTO NEWS
WHAT IS BITCOIN AND WHY IT HAS VALUE. BEST EXPLANATION EVER. | Digital Asset News
https://www.youtube.com/watch?v=8qc6h3fTB2I
A New Social Credit Score!? You Won't Believe What's Coming!! | Coin Bureau https://www.youtube.com/watch?v=Ub6zP6q25zk
- TIMESTAMPS -
0:00 Intro
0:46 Who Is Behind This?
4:53 Why Now?
8:42 The “Economic” Incentive
12:07 Carbon Credits Explained
16:34 Personal Carbon Credit System
19:30 How Will It Work?
23:32 When Is This Coming?
26:17 How To Prepare?
28:39 Will They Succeed?
31:42 Outro
How I'm Still Profitable After the Ethereum Merge | The Hobbyist Miner
https://www.youtube.com/watch?v=3szzI0m-IFc
BREAKING NEWS: Celsius just doxxed its USERS and their wallet addresses!!! | EchoesFromAbove
https://www.youtube.com/watch?v=LzEa_IEkMtM
Don't use Custodial applications like Celsius that take control of your crypto. Use Non-Custodial instead!!!
How to make Celsius whole - Simon Dixon presentation | Simon Dixon
https://www.youtube.com/watch?v=YC2hOXGBWOs
From Celsius to Cypriot banks, custodial risk is never as far away as you might think.
https://nitter.it/MELD_labs/status/1560295828396408833
Always choose Non-Custodial over Custodial holdings of your money and crypto!
Yahoo Finance - Why DeFi may be safer than traditional finance
https://nitter.it/MELD_labs/status/1561019228811141122
The European Central Bank @ecb has recently published a research paper titled “Towards the holy grail of cross-border payments” and is backing #CBDCs over #Bitcoin and other # cryptos.
https://nitter.it/MELD_labs/status/1560313843041312768
#DeFi loans are great, but with so many protocols it can be tough to decide which one is best🏆
In our latest post, we take a look at the best - names that include @MELD_labs & @AaveAave👇
#MELD #AAVE #Web3 #finance #fintech #ADA #ETH #BNB #bnbchain #BSC
https://university.despace.io/how-to-choose-a-cryptocurrency-loan-platform
CNBC - How will Crypto change the credit history landscape?
Full Ep: Is $SOL The Future of Crypto? | Real Vision Crypto https://www.youtube.com/watch?v=FrJ42MBsMA8
I would not trust this channel, almost like a Jim Cramer for crypto. Big finance is trying to dump off Solana to dumb money.
(3 Days Ago) Shocker! Solana experienced another outage. Meanwhile, Cardano is running smoothly like usual.
https://nitter.it/SolanaStatus/status/1576010340248084481
‘Solana Is Deceptively Designed to Falsely Inflate Usage,’ Alleges Crypto Researcher
https://beincrypto.com/solana-deceptively-designed-falsely-inflate-usage-alleges-crypto-researcher/
Solana Faces Criticism Over Failures and Controversies
https://crypto.news/solana-faces-criticism-over-failures-and-controversies/
CARDANO NEWS - Highly Decentralized Proof of Stake Running on an EUTXO Model
Cardano in less than 30 seconds | From Zero to Crypto #shorts #cardano #blockchain | From Zero to Crypto
https://www.youtube.com/watch?v=jKcYxzVDlWg
Cardano Basics - Founders, IOG & Core Blockchain Features | DApp Central
https://www.youtube.com/watch?v=JpihbZvMFMc
Explanation of Proof of Stake in 5 min | From Zero to Crypto
https://www.youtube.com/watch?v=EV6qlc1Z2kk
CARDANO: The Groundbreaking eUTXO!! (Revolutionary Tech Behind ADA) | Crypto Capital Venture
https://www.youtube.com/watch?v=Y1wZIlpQRj8
Live from Wyoming (AMA) | Charles Hoskinson
https://www.youtube.com/watch?v=mtIcX_xuKYs
Lace: a lightwallet platform | Input Output
https://www.youtube.com/watch?v=Q4Z83TSdEfg
A simplified full-node but lite wallet that is just the simplified design approach many are looking for. It will also reportedly allow voting for project catalyst on the app, see NFTs in your wallet (without having to go to pool.pm), be able to send multiple transactions to multiple wallets at the same time, and so much more!
Cardano updates on Decentralized Digital IDs and Lace Wallet (Optional and creates a credit history for under collateralized crypto loans) | From Zero to Crypto
https://www.youtube.com/watch?v=z0ecQV78Zq4
Charles Hoskinson update on projects in Africa | From Zero to Crypto #shorts #blockchain #cardano
https://www.youtube.com/watch?v=TDiAvClKIuY
Liqwid Labs Technical Status Update (Money Market Lending & Borrowing DeFi all in the secure Haskell programming language)
Technical Status Update #90
https://nitter.it/liqwidfinance/status/1578733785381998593
✅Tx-chaining optimizations to improve batching performance
✅dev ops infrastructure tasks in preparation for the public testapp launch
✅test suites for the completed parts of the liquidation and oracle scripts
MELD - ⛩ Akamon Cross Chain Bridge Security & Decentralization (Cardano to Polygon bridge)
🔒Cryptocurrency bridges and security 🤝Decentralization with node operators 🚀Akamon's impact on the MELD Ecosystem and more!
Read more on how Akamon will be secured👇
https://scribe.rip/meld-labs/akamon-security-decentralization-7a8dc8a2f7e5
Paribus Testnet MVP Released! (FIRST Look & COMPLETE Guide) | Dapp Central
https://www.youtube.com/watch?v=KDS2VO_78_c
Why This Cardano (ADA) dApp is Going to Be a Gamechanger for Education in Africa! | Convincing Crypto
https://www.youtube.com/watch?v=4aScc0eqrxg
DirectEd Development Foundation is building a dApp on Cardano for scholarship crowdfunding! Gianna discusses how they’re using NFTs and Atala PRISM to fund coding boot camps for students in Africa.
DirectEd Website: https://directed.dev/
The Final NTX Airdrop for AGIX Holders Is About To Begin
https://scribe.rip/nunet/the-final-ntx-airdrop-for-agix-holders-is-about-to-begin-5ec273003f94
Cardano Rumor Rundown October 7, 2022
https://teddit.net/r/cardano/comments/xxrt2k/cardano_rumor_rundown_october_7_2022/
Newly Covered Today:
-
Pavia says it is putting in the work on completing the new map! https://nitter.it/Pavia_io/status/1578062289244233728
-
Welcome to Basho, friends: “One transaction distributed 16,164 ada to 217 holders for a fee of 0.78173 ada”. https://nitter.it/IOHK_Charles/status/1578031473436741633
-
NIDO is releasing his latest song and he says you can own part of the streaming royalties. https://nitter.it/OfficialNID0/status/1578128128328826912
-
Binance Smart Chain was “suspended” due to a “potential exploit”. https://nitter.it/BNBCHAIN/status/1578152039455916033
-
Pavia has released a roadmap through the end of 2023. https://nitter.it/Pavia_io/status/1577594191177302016
-
You can now drive around in your Bison moon vehicles in Carda Station. https://discord.com/channels/908827661504237599/909005782790586379
-
Reports are coming in that Celsius doxxed all of its users in a hearing filing? This followed reports that Celsius executives withdrew tens of millions of dollars shortly before the bankruptcy. https://nitter.it/LefterisJP/status/1578194883038232577 https://nitter.it/ForbesCrypto/status/1578173263036948480
Cardano (ADA) Adoption & Necessity | Cardano Insights | S₳PIEN
Timestamps:
00:00 - Intro
01:39 - World Mobile partnership
02:14 - Immunify.Life
03:06 - A great synergy
04:01 - Immunify.Life impact
06:16 - Immunify.Life why Cardano?
06:56 - Bigger picture perspective
09:01 - Some final thoughts
09:54 - Outro
ERGO BLOCKCHAIN - Proof of Work with Smart Contracts using EUTXO
A look at Ergo projects that have been made or are developing
It is important to distinguish SigmaUSD which is an algorithmic stablecoin running for a couple of years now and has never depegged. Ergo price would have to drop 75% in a short time (less than a day) to begin depegging the stablecoin. I encourage you to look further into it.
I highly recommend using tokenjay.app for interacting with the SigmaUSD system
SigmaUSD/ SigmaRSV (ERGO DEFI) Explained min wage style. | Cushty Crypto
https://www.youtube.com/watch?v=ASrLmrkDCgE
Another project called Guapswap allows you to swap your mined Ergo for another token on Spectrum.fi DEX before receiving your rewards (for tax implication purposes). Essentially miners can be paid in any token they want.
Crypto Mining | GUAP$WAP | episode #01 | Sigma Prism
https://www.youtube.com/watch?v=cy0R1wP3YsQ
Ergomixer is a decentralized token mixer. Everyone running Ergomixer is running a full node and therefore can't be shut down or centralized like other token mixers.
https://github.com/ergoMixer/ergoMixBack
Another interesting one is Getblok Smart Mining Pools
The most secure cross-chain bridge protocol I've seen so far - Rosen Bridge. Bridging first from Cardano to Ergo
Dev Update March 29 | ROSEN BRIDGE | New Bridge Framework Explained | Ergo Platform
https://www.youtube.com/watch?v=Xsiy-yPJQ6w
Ergo Business Manager Joseph Armeanio talks us though the new bridge framework - Rosen Bridge. In this first video in the new series of Dev Updates, Armeanio goes into more detail on a single 'core' feature of ergo. We hope you like it and find it educational. Let us know your feedback in the comments!
00:00 Intro
01:36 Transferring tokens from ChainX to Ergo
08:36 Transferring tokens from Ergo to ChainX
12:02 Summary
13:55 Ergo-centric
14:54 Secure
15:52 Flexible
16:53 Scalable
18:08 Benefits
Dev Update Oct 2, 2022 | Rosen Bridge Soft Launch, SwampAudio, BlitzTCG and more!
https://www.youtube.com/watch?v=-kcS7bmucXM&t=629
Rosen Bridge has done a soft launch on September 26, 2022 and is ready for the public very soon.
Wrong. Smart contracts build businesses and increase the value of the economy.
Bitcoin is essentially digital gold but nothing more than that. It secures wealth (which is important) but doesn't add value to the economy. Don't expect Bitcoin to grow much at all when it can't do smart contracts.
When Quantum computers become powerful enough to break standard encryption, Bitcoin will be the first to go. It'll likely be too slow to upgrade as usual and it's a treasure pot for quantum computers to strive towards. This is still 5-10 years away.
u/#wrong
Dude is absolutely wrong. If anything, BTC has one of the worst positions when it comes to decentralization. Cardano is designed to be decentralized. That to me is the ace investment. Peer reviewed, making sure they have no shutdowns unlike solana and even ETH. I think it overtakes both of them with Defi coming in strong.
Who knows. What I do know is that Fiat is a scam and is coming down fast. Gold and silver are good but are not viable for commerce.
Au & Ag have been viable for commerce for millennia. Up until 1971, that is, when the process started back in 1781 to remove these barbaric relics from the economy as a means to settle contracts. That process ended in 1971.
Before that, an innovation on the physical was introduced: letters of credit and letters of deposit.
In this sense, a digital message echos the paper original. Exchanges echo the old institution of exchange bank. The most trusted exchange bank was the Old exchange bank of Amsterdam. And, for 200 years, it was a very successful enterprise, as it was the only institution with a full reserve position. That changed in the late 1770' s when the politics came in the way, as opposed to sound economics.
In any system, therefor, there is a point of sale, a collection point if you will, where the physical has to be exchanged for lesser iterations of physicality up until the point of being hashes existing in cyberspace powered by electricity.
There are two ways in which a payment object can be obtained.
By definition, there will always be "places", where accumulation of these items exist, especially the physical.
Personally, I very much like this idea of bitcoin as a concept, as the amount of bitcoin is finite, though the fungible aspect is without limit. In a way this favors the ones early in. consider the price of a pizza at the beginning vs today. 10.000 bitcoin or so vs today. The system, from a value development perspective, has been set up smartly and it is dependent on its use. The more people use it in everyday transactions, the higher its value, because more coins are needed to support the growing number of transactions.
And since the number itself is finite, all it can do is appreciate against the physically produced items.
This means that production and the fruits of production are the only issue underlying a payment method.
Technically, each and every person has a production capacity, be it that this differs from person to person. So, every one can have their own coin. And it is your reputation that makes your coin of value. Do you produce well? Your coin will be accepted elsewhere. Do you make a shit show of your life? You will have difficulty in augmenting that value.
To me, here lies the rub in the system. What is physical, immediately pertains to our lives. It provides for consumables, be it food, water, storage, clothing, protection, agriculture, hunt, or the augmentation of our living conditions by items of art. And art, may very well improve on all kinds of products. A wood stove vs gas stove/gas heating vs electrical, just to name one item.
Services, like internet and all that comes with it, including protection, are just means to convey messages. Nothing in there can support our physical life, although it can help in acquiring the means to support that physical life.
Without government, it probably would be a system that works to elevate the human condition. However, governments do exist. And here we meet the actual purpose and effect of government.
In essence, governments are here to protect our rights. In a way, it creates by the potential of force, a safe space, for you to enjoy your birth rights. There are basically 4 elements that are used to trample on these rights.
In a digital system with governments as they are now, there is one right that is absolute: to be recognized as a person before the law. And to fuck you sideways, governments have created a switcheroo where your private person, your physical living body through which your explicit will is expressed, is augmented with a public dead entity: natural person. This is important to the government and the UPU, the Universal Postal Union and its sister organization: ITU: the International Telecommunication Union.
When you read carefully their plans, it is to hook up more and more people into the postal code system, so those people can enjoy government services i.e. become tax payers. Being tax payer is equal to the position of a debt slave. And by graft, governments have turned this into a generational debt slavery in perpetuation.
Digitization is a means by which governments funnel all peoples into their version of reality.
Given the current balance of power, I personally am very very reluctant to be hooked up into systems that divorce me from physical reality and replaces that with a digital one.
Bitcoin is not a public good, or a public payment system. It is a private one, divorced from the public entities that control your life. Fiat currency is a public good. And taxes can only be paid in fiat currency, or legal tender.
Take careful note of the term: legal tender. Originally, the word tender meant: " formal offer for acceptance".
If you take careful note of civil or common law, you will find that the requirement to execute contracts in fiat currency does not exist. Which means, that under private contract, you can tender anything lawful, except for certain services and items that are against the Law of Nature. The expression: your money or your life, is such a private contract void by nature ab initio, for reasons of violating your birth rights.
Because each and everyone of us, by force and graft, is equipped with a public entity, the question for government is: how can be obtain control of a system that is not yet in our hands. for if we can, we control more. Since you act in the capacity of a public body, existing only on paper, your choices become subject to the rules and regulations issued by government.
This is where the word legal comes in.
This whole discussion boils down the issue to one single question: freedom or debt slavery?
Freedom is both physical and spiritual. And for the years I have been thinking about this subject, I can see the value of a digital dimension, but with a government that stays within the bounds of our birth rights. Since we are far from that position in this day and age, I find digitization quite concerning and actually: a trap.
These have been my thoughts. For commerce you would have to trust gold and silver to a bank and what does that lead to? Eventually these banks will find a way to take your gold or create a central bank. Then the cycle continues....
Again you are wrong because you are incredibly ignorant.
El Salvador using bitcoin as its currency does not increase the value of El Salvador, it just secures their financial wealth from inflation (which is important). It doesn't bring any new products to market and creates a small amount of new businesses relative to what smart contracts bring. Smart Contracts add new resources and economic wealth on top of what is built before.
Only a complete idiot would think that.
Here is the team at Input Output Global, one of the 3 main entities building on the Cardano main layer
https://iohk.io/en/team/
If you can count more than 1, you can see that IOHK alone is run by many people. Thats not even including the other two entities like Emurgo and Cardano Foundation. Not to mention the projects developing on Cardano
https://www.cardanocube.io/cardano-ecosystem-interactive-map
Open Source Github repos of Cardano node and some projects built on Cardano
https://github.com/input-output-hk
As of October 7, 2022 there are 1100+ projects developing on Cardano each with their own team
https://www.essentialcardano.io/development-update/weekly-development-report-as-of-2022-10-07
I look forward to drinking your tears when the Bitcoin price does not go your way soon. Dont listen to me though, I obviously know nothing. Keep on that Bitcoin maxi train right off the cliff. Its been a fun ride so far so why would it ever stop? Bitcoin uses 0.4% of all energy in the world but it doesn't have 0.4% of people using it everyday. It'll remain pretty stagnant while others get to enjoy a fun fun ride up.
u/#wrong
I guess so idiot.
Cry more 😆
Using hate and insults will not make anybody take you seriously. Your anger and anxiety are far too high to take your thoughts seriously.
I was right there with you and excited to get your perspective and the depth you put in, but getting this angry at a single person for having a minor disagreement? If you are never willing to entertain an opposing thought about crypto, why should we trust your insight that you have never been willing to challenge?
I honestly appreciate the time you put into this post, but you need to learn tact and people skills if you want to be able to convey your thoughts in a manner people trust. I understand this is the internet, but how you conduct yourself will make or break whether people take your information seriously or not, regardless if it is true.
Nah shut it bot. I'm going to call out anyone who gives false and misleading information like that guy.
There is much more room for crypto than just Bitcoin.