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​​💸Bitcoin Myths💸

Everyone is talking about cryptocurrency, so there are myths around this topic. Let’s dispel some of them today?

Myth 1
Bitcoin is a soap bubble that can burst at any time.
Of course, this is not true, because the value of any asset, such as gold, is determined only by how much people believe in and value it. Thus, the price of an asset is set by people. For example, the value of gold is also not backed with anything - it is formed by demand.
Thus, Bitcoin is an independent currency. More and more people willing to use it instead of traditional currency. Therefore, its rate depends solely on demand. The rise in bitcoin rate and other cryptocurrencies expands the scope of their use. In turn, this increases the activity of mining, thereby complicating the mining process.

Myth 2
Hackers can hack Bitcoin network
First of all, the Bitcoin system is a network built on the principle of P2P. This means that all network users have the same rights. Besides, the network is built on blockchain technology. This means the more users on the network, the more stable the system. The blockchain itself is designed in such a way that removing or changing blocks from the chain is simply impossible.

Myth 3
Bitcoin is a financial pyramid.
Here the situation is similar to the first myth: not money but people create a financial pyramid. And you can use absolutely any currency for this purpose. Remember the famous "MMM" - the clearest example of a financial pyramid? What is the basis of the financial pyramid? The principle of enrichment of the first investors due to the money flow from participants who came later. If we consider the Bitcoin network to be a financial pyramid, then the stock market can be called a pyramid too, where the price of shares rises according to the demand, and profit comes to owners of a large number of shares.
​​To the attention of all Bloomzed Token Holders (BZT), partners and potential investors of the Bloomzed project.
In connection with the theft of a significant number of Bloomzed tokens through fraudulent actions from the wallets of large owners, the announced campaigns and new deposits on cryptocurrency exchanges where BZT trades are carried out - are temporarily suspended for the duration of investigation initiated by the shareholders of the Bloomzed project.
In this connection, new deposits on the crypto-exchanges at which BZT is traded is temporarily not accepted.
We kindly ask partners and potential investors to refrain from making any operations with Bloomzed tokens since now. The company has taken all necessary measures to prevent further actions by intruders related to unauthorized access to owners' wallets. The company’s operations are not affected, as the stolen tokens were not in circulation and have no effect on the development of the project or operations of the company.
Please also inform us of any offers of tokens from individuals and companies that purchased Bloomzed tokens after July 05, 2020 to investigate the case and identify members of the criminal group. Please send information to the official address of the company info@bloomzed.com
​​Flip a Coin
World’s most expensive coin known to humanity is the Greek decadrachm. The ancient Greeks minted coins only in connection with significant events, which means – quite rarely. Today, decadrachms considered to be an ancient treasure and therefore cost some huge money. The decadrachma of 400 years BC was minted in Sicily, city of Syracuse and is an ancient Greek coin made of silver with the weight of 43, 40 grams. According to many knowledgeable sources in the financial system of that time, the decadrachma corresponded to 10 drachmas. Additional info: The engraver of the coin - Euainetos.
Obverse of the coin: The image of a fast Quadriga (chariot) driven by a charioteer. The goddess Victoria hovers over the horses. The bottom shows ancient Greek armor, that has the "AθΛA" legend graved.
On the back side there is the head of the nymph Arethusa with four dolphins arranged around it with two inscriptions – "SU PA K O SIWN" and "EU AINE".
​​Financial misconceptions “Saving is pointless because sooner or later investments will become worthless”.
It is a known fact that in the early 90s Soviet citizens lost hundreds of billions of savings, as they all were devalued. The memory of this shocking experience follows people to this day and it can be seen by how cautious and how scared they are in terms of investing. Because of all that, most people today do not trust investments and securities and prefer to keep money “under the mattress”
In fact, avoiding investing means putting your savings at an even greater risk of depreciation. Investing in securities will more likely increase your funds rather than losing them. By keeping money at home, you are guaranteed to lose your savings due to inflation.
​​The American company Western Union launched the first widely used money transfer service in 1872 via Telegraph. After the sender paid money to one Telegraph office, the operator could transmit the message and "transfer" the money to another office, using passwords and codebooks to allow funds to be issued to the recipient at that location. By 1877, the service was used to transfer nearly $ 2.5 million a year.
Since the earliest Bank transfers used Telegraph networks, such money transfers came to be called telegraphic, a name still used in some countries.
​​Russian Kopeika (kah-peih-ka) was one of the greatest coins to ever exist as it was both round and square, metal, paper and even came in the form of a postage stamp (also known as stamp money)
In 1534, a unified monetary system of the Russian state emerged, marking the end of a long process of uniting previously disparate principalities around Moscow (the so-called monetary reform of Elena Glinskaya, mother of Ivan IV the terrible). This year, the minting of a new national coin, twice as heavy as the Denga, began — the silver Novgorodka or kopeika, which for a long time remained the largest Russian coin. However, the Moscow Denga itself became easier as the reform was accompanied by the most usual reduction in the weight of new coins in such cases. Now as they were being minted not for 2.6 rubles, but for 3 rubles out of a grivenka of silver.
Noting the reform of 1534, which is already in the records, new heavier deng was favored for the image it had ( a horseman with a spear), which distinguishes it from denga-Moskovka (rider with a sword) also known as “kopeinaya denga” or kopeika. The latest name was not used frequently as it turned out in the end to be more tenacious than Novgorodka. Following that, kopeika passed through to our days in copper coins as it was transferred from silver by Peter I. The relation bertween kopeika and the Russian Ruble is reflected in many proverbs and sayings like “kopeika guards the ruble”. A least valued coin in the coin system of 1534 was a silver “polushka” that was equal to half of denga and a quarter of a kopeika (the coin had an image of a bird).
​​Who are you Mr. Nakamoto
Satoshi Nakamoto – is the Amerigo Vespucci (since we all know Columbus didn’t discover America) in cryptocurrencies and blockchain-based transactions. Searching “Bitcoin” in Google will result in 380,000,000 results, so there is more than enough information on this topic. However, to make it even more precise, let’s say that BitCoin is a cryptocurrency based P2P (Peer-to-peer) e-cash system that does not require the participation of third parties. Hope everything is more or less clear with Bitcoins, though, there’s still a veil of mystery that lays upon the famous cryptocurrency – who’s the creator of thy masterpiece? Assuming that Mr. Nakamoto is just a lone samurai in the gardens of programmed to bloom once a year, sakura wouldn’t be entirely correct. As there’s a high probability that “Satoshi Nakamoto” is a collective alias, behind which all 47 Ronins stand or sit.
Mr. Nakamoto began his path in 2008 when he first published the Bitcoin Whitepaper, but in 2009, when the world (the FBI) needed him most, he vanished, which is understandable. Try remembering the great inventors or people who came up with world-changing discoveries. Quick history checkup, hope we all remember Nicolaus Copernicus or instead of his not the least famous follower (perhaps the prototype of Johnny Storm a.k.a Human Torch from the Fantastic Four team) – Giordano Bruno. Fella has been developing the revolutionary theory of “Heliocentrism” (go back to school if you got no clue on what it means) to make our world a better place the Church who perhaps misunderstood him a little, turned my guy into a human kebab at stake. Thus, we can say that Mr. Nakamoto’s disappearance was based on the basic survival instinct. Despite being “on the run” our faceless samurai did not lay low with empty hands, it’s exactly the opposite. When BitCoin was ravaging all the exchange rates and getting steady on its feet, Mr. Nakamoto mined 1,5 million BitCoins. According to present rates, Mr. Nakamoto’s wealth is approximately 15 billion pure democracy dollars.
What’s for today? Besides few unsuccessful attempts of personification and an Aussie who tried to catch some hype by telling everyone he’s the guy, but Nah, he ain’t. Will Mr. Nakamoto step out to the light, and what is going to happen to the world's largest cryptocurrency is yet to be known.
Exchange of Bloomzed Token (BZT) with the new ERC20 Bloomzed Loyalty Club Tickets (BLCT) for users.

In connection with the incident of compromising personal accounts of users and in order to protect the rights and interests of users, Bloomzed announces the exchange procedure of BZT.

Beginning August 4, 2020 a new altoin Bloomzed Loyalty Club Tickets (BLCT) based on ERC20 smart contract will be introduced. All BZTs purchased before July 05, 2020 are subject to exchange.

Bloomzed Loyalty Club Tickets (BLCT), which are in circulation and legally purchased through the exchange or received from the project participants before July 05, 2020, will be exchanged for a new BLCT token at the rate of 1 BLCT per 1 BZT until September 04, 2020, the exchange form is available here www.bloomzed.io.

Before the exchange procedure begins, the BZT token will cease its trading and will be withdrawn from trading on cryptographic exchanges. Also, Bloomzed will not be responsible for the purchase, redemption, exchange, placement of BZT tokens after the completion of the exchange procedure, i.e. after September 04, 2020.
BZT token will not be used by Bloomzed as previously intended. Instead of BZT, the loyalty club will use BLCT.

To make the exchange, please fill out a form at www.bloomzed.io and indicate your BZT wallet number. Please make sure that there is enough ETH on your account for the transaction.

Bloomzed is exchanging tokens to protect the interests of system members and prevent financial losses.
​​CryptoLegalize – Grass grows, sun shines, and the US federal debt increases by 3$ million dollars every minute. Inhale… exhale…. Boom! Three more millions on top of the cake. The freedom bucks became the first reserve currency the world economy could rely on. But at the moment, one of the most significant US (lol) investment banks Goldman Sachs issued a statement where it warns all participants of the “get rich or die trying” economic system to focus not on the dollar but gold… or something else.
“In the past 25 years, over 21 countries have suffered incidents of severe inflation. In these cases, as the national currency became increasingly devalued, either due to government over-printing or large injections of counterfeit bills, citizens have privileged foreign currency to maintain the import of goods.”
“Economists focus not on the absolute level of the debt, but on the interest costs to service it relative to the size of the economy. So a prolonged recession tends to be worse for the debt picture than some extra spending. Moreover, signals from financial markets suggest that the government should have little trouble borrowing vast sums of money on favourable terms.”
…so what it has to do with crypto? Everything! Back in March of the current year, Congressman from Arizona Paul Gosar presented a draft of the Cryptocurrency Act of 2020 in the US legislature, which has a ghost of a chance on being approved due to political elite having their own opinion towards cryptocurrency in the US (Strong Nah). Despite that, presented draft will at least give a start on the future dialogues on cryptocurrencies in the US and along with all the drama happening around the US’s political arena, the US Federal Reserve is speeding up their work on its stable coin. Gosar’s legislative assistant, Will Stechschulte stated that- “the bill looks to provide not only clarity but legitimacy to crypto assets in the United States”. The fascinating element that catches an eye is that Goldman Sachs’s statements voiced right after bitcoin and gold’s record growth. All that makes it pretty clear that the next contenders to become “The next world’s reserve currency” is either gold or the cryptocurrency #1.
​​The New York Times publishes a powerful text with a key message: digital consumption is a sign of poverty. We say digital economy, but we mean a service economy for the poor.You are poor if your doctor advises you on the Internet, and not in person.Poor if your kids are learning online and not with offline teachers.Poor if you shop online instead of in a nice store in the city center.For the poor, there is a gigantic online sex market in which Third World residents sell erotic fantasies to poor citizens of the First World who can spend their extra ten dollars on it.The fact that the wealthy prefer old-fashioned tutors, personal trainers, and chefs over Coursera or smart phone delivery is no secret. But the author of the article, Nelly Bowlers, goes further and claims that there is a "luxurization" of human relations.If you still receive services from living people or have the opportunity to communicate with them, then most likely you are a representative of a new elite, the prestigious consumption of which is to abandon digital services in favor of offline ones.The poor buy iPhones on credit, the rich abandon smartphones. The poor try to make their children know how to use computers, the rich offer their heirs private schools, where learning is based on communication between people. The life spent in front of the screen is now a sign of your failure in life.At this point, Bowlers strays into the rather controversial claims that growing up with gadgets harms the cognitive development of children, and argues that numerous unscrupulous psychologists are on the side of IT corporations in this discussion.But when she describes a 68-year-old retiree living on a living wage whose main interlocutor is a cat named Sox drawn on a tablet, the text is generally perceived as overwhelmingly compelling. The cat drawn for looking after the elderly was invented by a 31-year-old businessman, his startup employees work from the Philippines.If a computer program tells you that you are dying, it means that you are dying like a poor man in the digital economy.For the rich, socializing with people - living without a phone during the day, leaving social media and not answering emails - has become a status symbol.All this has led to a curious new reality: human contact is becoming an elite product.As more screens appear in the lives of the poor, they disappear from the lives of the rich. The richer you are, the more you spend to be behind the scenes.
​​• Million American $ 100 dollar bills weigh about 10 kilograms

• In Palau, a limited series of collectible coins was issued in 2008. They contained a drop of water from a French spring, which is considered sacred in Palau

• Ivory Coast once minted unique coins inlaid with mammoth fossil bones

• Private money do exist in the world, issued not by countries, but by various companies. In most countries, private money is either prohibited or severely restricted

• The banknote with the largest denomination in history was issued in Zimbabwe during a period of hyperinflation. One bill had value of 100 trillion Zimbabwean dollars

• Canada once produced the world's most expensive 999-proof gold coin, weighing 100 kg. Its nominal value was 100 thousand canadian dollars
​​Nihao! Recently, China has been gaining momentum in all visible and invisible areas…
April of the current year, Chinese DCEP ( Digital Currency Electronic Payment and possibly the next COVID-21 to international monetary and financial system) is being launched in a test mode and the first step of the new Chinese “crypto” was its launch in Shenzhen (Guangdong province), Xiong'an (special economic zone near Beijing), Chengdu (Sichuan province) and Suzhou (Jiangsu province). Friends from the west had a similar project as Libra from Facebook was willing to launch this year but unfortunately for them could not overcome operational restrictions and had to postpone the launch of its cryptocurrency wallet. People’s “cryptoguap” is being launched at the initiative of President of the People’s Republic of China Xi Jinping who suggested to “not to miss the chances and take advantage of the opportunities provided” as a result of the development of blockchain technology.

The system created by People's Bank of China includes two types of digital currency. The first is for commercial banks, and the second is digital money issued by commercial banks for individuals and legal entities. The platforms launched in various provinces were made for the Agricultural Bank of China, which belongs to the second type and is intended for the operation by consumers.
​​The people’s Bank of China has created a group of specialists in cryptocurrency development in 2014, which marks where the DCEP project originates. DCEP differs remarkably from the payment systems such as Alipay and Wechat Pay and gets major support from the government, which actively implements a new payment system to protect the currency independence and legal status of the national currency. Mu Changchun, Deputy head of the Finance Department of the People’s Bank of China, said that the Chinese cryptocurrency will not copy the Libra system (a cryptocurrency-based payment system), but will be linked to the ordinary yuan in a ratio of 1:1.
What are the positive outcomes from the DCEP project?
• Implementing DCEP will help the People's Bank of China reduce the cost of issuing money;
• Contribute to reducing the costs of commercial banks when making transactions;
• Improve the business climate in the field of innovation, minimizes risks;
• When making an interbank transfer using the new currency, users will not be charged a transaction fee;
• DCEP allows you to make transfers within the country and abroad with minimal difficulties. The DCEP platform will have more features and advantages.

How will the creation of the “electronic yuan” affect the cryptocurrency market?
According to Sun Liling, a blockchain expert, after the launch of DCEP, its popularity will grow very quickly. "The Chinese are used to shopping with smartphones."

The launch of the DCEP system can contribute to the development of society's tolerance for blockchain technology and dispel prejudices. The investment community should become more open to change by understanding how the technology works. All this will have a beneficial effect on the existence of cryptocurrencies as a financial phenomenon.
The launch of this currency is a revolutionary step, so the government will certainly be cautious.
​​ATTENTION!!! URGENT!!!
Dear owners of BZT tokens, we remind you of obligatory exchange of BZT tokens to BLCT (Bloomzed Loyalty Club Ticket) until September 04, 2020. To complete the exchange and for more info please proceed to bloomzed.io
​​Right after the establishment of digital yuan💻🌐💴, other countries are expectedly try to participate in the new kind of race and without any doubts the US will do anything they can to either win it themselves or at least prevent “Choina” (D.Trump, 2020) from victory. 🇨🇳🇺🇲🏁
Today, US lawmakers are puzzling over whether their electronic "money" can become an additional financial incentive in the face of a current pandemic🤒☣️. Europe, or to be more precise, the European Central Bank🇪🇺🏦, has also begun to show considerable activity on a similar issue. The ECB is also considering creating a digital Euro system💻🌐💶. Thus, it turns out that the two world currencies, the dollar and the Euro, which are currently under pressure of depreciation, motivates the monetary authorities of the United States and Europe to solve the problem of legalizing the "crypt" that China has already solved🐉🀄👲
​​During the Civil war in Yakutia, even pre-revolutionary wine labels became a means of payment🤑💰, on which the hand of the local people's Commissar of Finance Alexey Semyonov wrote denominations, which later became known as the “wine money”.🍾💸

Semyonov sent samples of "wine money" to his friend the writer Maxim Gorky, who described them in an essay "O yedenice" (1929).

“- Of all the paper money that was put into circulation in the boundless space of the Union of Soviets, the most original money was issued by Alexey: he took multi-coloured labels for wine bottles, wrote with his own hand on "Madeira" - 1 ruble., on "Kagor" - 3 rubles., "Port" - 10 rubles., "sherry" - 25 rubles. and attached the seal📝 of the Narkomfin...👮🏻‍♂️
Maxim Gorky. “O yedenice” (1929).
About 2,5% of the world’s global economy (approximately $800 billion to $2 trillion US dollars) is getting washed every year according to the reports of the United Nations Office on Drugs and Crime. The criminals behind such schemes generally swap laundered funds for precious metals, misstated invoices and rinsed cash through casinos.
One of the biggest corporate investment groups Salesforce Ventures and Warren Buffett’s Berkshire Hathaway is about to spend over $500 million dollars on a cloud based data platform. Snowflake, Inc., is a platform based on the cloud based data which revealed in its modified S-1 filing on Tuesday that Warren Buffett’s Berkshire Hathaway agreed to take a stake in its class A shares in a private placement.

The company reported that both Salesforce Ventures and Berkshire Hathaway would each purchase $250 million worth of its Class A common shares in a private placement at a price per share equal to the initial public offering price.

“Based on an assumed initial public offering price of $80.00 per share, which is the midpoint of the price range set forth on the cover page of this prospectus, each of Salesforce Ventures and Berkshire Hathaway would purchase 3,125,000 shares of our class A common stock,” the filing said.

“The sale of these shares to Salesforce Ventures LLC and Berkshire Hathaway Inc. will not be registered in this offering and will be subject to market standoff agreements with us for a period of up to 365 days after the date of this prospectus and lock-up agreements with the underwriters,” the filing said.