🔴The Necessity of Cryptocurrency in Post-Corona Era

🔺Coronavirus pandemic has revealed the shortcomings and inadequacy of legacy systems and traditional economy. The three pillars that we’ve had faith in all our lives — institutions, government entities and the media — have all failed us. The 2008 crisis destroyed the public’s trust in the banks and eventually led to the birth and proliferation of cryptocurrency. During this pandemic, we’ve realized that The need to replace legacy social systems based on blind trust with decentralized alternatives that are based on fundamental mathematics to empower the individual is now extremely clear.

#postcorona
#cryptocurrency
#cryptocurrencynews
#government

🔴Satoshi’s Sword of Damocles

🔺Last week, some of the earliest mined bitcoin moved after more than a decade of dormancy. Whale Alert, a popular Twitter account that tracks major crypto transactions broadcast the message across the crypto verse, saying 40 coins mined in the first month of the network’s operation had transferred from a possible Satoshi owned wallet. Nakamoto’s seemingly altruistic, or at the very least mysterious, “donation” to the bitcoin community hangs over the market like the sword of Damocles.

#digitalwallets
#bitcoin
#satoshinakamoto
#crypto
#cryptocurrencynews