Crypto Fundamentals 101
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Forwarded from Cointelegraph
Beyond the hype: NFTs’ actual value is still to be determined

NFTs present a revolutionary and innovative technology, but their real value has been obscured by hype.

https://ct.com/9pnl
Forwarded from Bitcoin
Some think “Bitcoin fixes this” is a joke. It’s not.

A very partial list of things BTC fixes:

-Extortionate remittances
-Financial censorship
-Elites having special abilities in a monetary system
-Frozen funds
-Immoral sanctions
-Payments without a bank account
-Debased savings

- Alex Gladstein

https://twitter.com/gladstein/status/1406413672977555459
Forwarded from unfolded.
Some banks are starting to offer crypto services — link | archive
Forwarded from Martijn
Forwarded from Bitcoin
20,000 people in El Salvador 🇸🇻 recently transacted on the #Bitcoin Lightning Network, using the @Bitcoinbeach wallet.

All together, their total fees were $4.98. Yes, 𝗮𝗹𝗹 𝘁𝗼𝗴𝗲𝘁𝗵𝗲𝗿.

- Documenting Bitcoin 📄

https://twitter.com/DocumentingBTC/status/1406664487126642695
Binance NFT platform is live
December 27th - 2017. The day John McAfee's Twitter account got hacked...
Forwarded from Bitcoin
Fiat money is designed to keep our time preference high. That’s why people see Bitcoin’s short-term volatility, but not its long-term growth, and they see fiat’s short-term stability, but not its long-term debasement. Expand your time horizon, and you'll see why #Bitcoin matters.

- Lina Seiche

https://twitter.com/LinaSeiche/status/1410111841439666177
Mining metrics sustainable energy
Forwarded from Bitcoin
No government can tweak the supply for its own advantage.

No bank can manipulate it.

In every monetary and banking system on the planet, humans are the weak point.

But by taking the humans out of money, we create a truly neutral and impartial system.

#Bitcoin is fair.

- Molly Spiers

https://twitter.com/CoinCornerMolly/status/1410825656439644162
Forwarded from Bitcoin
Average fee to send money to Nigeria using legacy system: 7%

Average fee to send money to Nigeria using BTC-based SendCash app: 0%

Nigeria GDP: $448 billion

Nigerian GDP % based on remittances: 4%

Amount Nigeria could potentially save by upgrading to BTC: $1.3 billion

- Alex Gladstein

https://twitter.com/gladstein/status/1410819747449643009
Forwarded from unfolded.
Year Progress:
▓▓▓▓▓▓▓▓░░░░░░░ 50%
Forwarded from unfolded.
Binance ‘temporarily suspends’ payments from EU’s Sepa network — link | archive