Month: November 2020

My own take is that whenever we (humans), have the audacity of imposing our view upon nature is where everything goes wrong. We should not try to do better than nature we should let her do what she wants. If we do, everything will go better.

>>> “Cows urinate and poop, which adds water and microorganisms to the soil, increasing biodiversity underground and helping to sequester carbon. Cattle grazing stimulates grass growth, which is good for the health of the pasture.”

www.sott.net/article/444994-Meat-is-Magnificent-Water-Carbon-Methane-Nutrition

We do not know what the future is really holding for us. In any case, Bitcoin and other crypto-currencies are a good way to diversify and, by the same token, securing some wealth.

>>> “The Great Reset agenda is trending once again on social media, numerous news outlets, and a variety of online forums. During the last few months, the Great Reset proposal has been pushed worldwide, as it allegedly seeks to create a sustainable economy following the coronavirus pandemic. Meanwhile, a great number of people are skeptical of the reboot proposal, as detractors believe the Great Reset is an assault against capitalism and basic financial liberties. ”

news.bitcoin.com/fighting-definancialization-cryptologic-methods-like-bitcoin-could-protect-wealth-from-the-great-reset/

This is a big fraud scheme. Be aware that you can’t buy shares in the real Bitcoin network/blockchain.

>> “Consequently, many bitcoin investment scams have sprung up and millions of dollars have been lost to fraudsters.”

news.bitcoin.com/no-you-cant-buy-shares-in-bitcoin/

I think that some situations require a leader but that could or must be temporary. Leadership is a form of centralization and should be avoided when possible.

>>> “Not so fast. It just so happens that one of the world’s most successful orchestras, the Orpheus in New York City, has been operating without a conductor since 1972. They not only regularly play at top venues like Carnegie Hall and Lincoln Center, but have won multiple Grammy awards. Much like at Morning Star, the lunatics truly run the asylum.”

digitaltonto.com/2012/the-leaderless-organization/

Cosmic-ray particles have a lot of influence over Earth matters. They affect computers and biological systems. They also affect the weather and even Earth’s crust in earthquakes and volcanos eruptions.

Some computers are protected by a chamber made of heavy lead to offer some protection from interferences.

>>> “Every second, 100,000 high-energy cosmic-ray particles from distant parts of the Galaxy hit each square metre of the the Earth’s atmosphere. Some of these energetic particles zap computer chips, leading to once-only glitches or ‘soft fails’. These events are not common, but neither are they rare: computer manufacturers are understandably worried about things that affect the reliability of their products.”

www.nature.com/news/1998/980730/full/news980730-7.html#:~:text=Next%20time%20your%20computer%20has,from%20outer%20space%20%2D%20cosmic%20rays.&text=Some%20of%20these%20energetic%20particles,glitche…

The search is still going very strong for Satoshi. It is only speculation for now and maybe, one day, we will find out who he really was. One thing is for sure, he (her, them) and his friends felt very strongly about decentralization. Whatever the future of Bitcoin will be, Satoshi’s main contribution to the world, in my opinion, is to show us the power of peer-to-peer and mostly decentralization.

news.bitcoin.com/new-research-suggests-satoshi-nakamoto-lived-in-london-creating-bitcoin/

One must be careful with software. It may seem simple, but it is not, and it is certainly not something you can force into production. It needs to be tested, tested, tested, and tested again. It will never be perfect. There will always be holes and vulnerabilities in it. These people who are expediting the production of these weak defi are not helping the decentralization movement.

>>> “Cyber-security expert Dmytro Volkov told news.Bitcoin.com that the defi hacking frenzy was a result of hurried project development.”
““Most of the defi projects’ hacks are based on vulnerabilities connected to errors in the source code. Errors in applications occur for various reasons, and it is errors that cause vulnerabilities and subsequent hacks of these applications,” said Volkov, who is also chief technology officer at crypto exchange CEX.IO .”

news.bitcoin.com/hackers-paradise-yet-another-defi-protocol-exploited-for-nearly-20-million-in-dai/

My own view, on this, is that some areas inside a city center should give absolute priority to pedestrians. I mean, whenever a pedestrian wants to cross a street, by signaling his intention, all cars and bikes must stop, and let the pedestrian through. In the long run, it would reduce the density of cars, I am sure.

>>> “In 2019, Oslo, Norway recorded zero pedestrian or cyclist deaths. There was only a single traffic fatality, which involved someone driving into a fence.”

www.wired.co.uk/article/oslo-pedestrianisation

Be careful out there. I know that DEFI’s are getting popular but it is also a nice ground for frauds. I would not put too much of my eggs into any of these to start with. I would start small and then build confidence. Most scammers are in a hurry to cash out anyway. If you wait a little bit, they will show their real face.

>>> “Decentralized finance otherwise known as defi has climbed significantly in value this year, as the total value locked (TVL) in defi today is over $14 billion. Meanwhile, numerous defi platforms are getting attacked with flash loans and there are so many new defi projects, it’s hard to keep track of them all. Moreover, while many defi supporters claim these platforms offer greater privacy, examples now show that most everything can be seen onchain connecting ethereum addresses to identities and companies.”

news.bitcoin.com/exploits-and-flash-loans-are-just-the-beginning-defi-economy-less-private-than-people-think/

In one way that is good because, with Paypal on board, it will expand the horizon of crypto-currencies usefulness. On another note, though, when users get involved in these centralized processors, they are more vulnerable to abuse by a single entity.

>>> “Paypal bought up to 70% of all the newly mined bitcoin since the payments giant started offering cryptocurrency services four weeks ago.”

news.bitcoin.com/paypal-bought-70-of-all-newly-mined-bitcoin-last-month-as-demand-rockets/

It seems like everybody is getting a slice of the crypto pie.

>>> “An African company backed by Amazon CEO Jeff Bezos, Chipper Cash, has raised $30 million and is launching a cryptocurrency trading service due to high demand for cryptocurrencies, including bitcoin. “

news.bitcoin.com/jeff-bezos-african-app-chipper-cash-cryptocurrency-trading/

I think that he is prudent and 10% seems adequate for this current planetary (2020/11/18) environment. Maybe we should follow his example.

>>> “Mexico’s second-richest person Ricardo Salinas Pliego confirms that 10% of his liquid portfolio is invested in bitcoin. ”
news.bitcoin.com/mexican-billionaire-ricardo-pliego-liquid-portfolio-bitcoin-says-crypto-shields-wealth-expropriation/

I think that he is prudent and 10% seems adequate for this current planetary (2020/11/18) environment.

>>> “Mexico’s second-richest person Ricardo Salinas Pliego confirms that 10% of his liquid portfolio is invested in bitcoin. “

news.bitcoin.com/mexican-billionaire-ricardo-pliego-liquid-portfolio-bitcoin-says-crypto-shields-wealth-expropriation/

It would probably not be the last “all-time high” for the immediate future.

>>> “On Wednesday, November 18, 2020, the price of bitcoin has been coasting along at levels not seen since the decentralized currency’s all-time high three years ago in 2017.”

news.bitcoin.com/bitcoin-touches-18k-crypto-asset-looks-to-smash-all-time-high-eth-price-could-spike-20x/

I think that anybody would be well advised to set an amount of saved money and put it in Bitcoin or other cryptos. I am saying “Do not put all your eggs in the same basket.”.

>>> “This week two well known tech executives revealed they have been dabbling in bitcoin and other cryptocurrencies. In a recent interview, Skype cofounder Jaan Tallinn detailed that he held bitcoin and ethereum in his personal finances, while the Intercom cofounder Eoghan McCabe tweeted on Sunday that he’s “jumped firmly onto the bitcoin wagon.””

news.bitcoin.com/big-tech-execs-and-bitcoin-skype-cofounder-keeps-personal-wealth-in-crypto-intercom-chairman-firmly-jumps-on-the-bitcoin-wagon/

Why is this new, at ALL!!! Is it because we never observed it or is it because there is something different affecting the sun-earth relationship?

>>> “In 2018, a new aurora-like discovery struck the world. From 2015 to 2016, citizen scientists reported 30 instances of a purple ribbon in the sky, with a green picket fence structure underneath. Now named STEVE, or Strong Thermal Emission Velocity Enhancement, this phenomenon is still new to scientists, who are working to understand all its details. What they do know is that STEVE is not a normal aurora – some think maybe it’s not an aurora at all – and a new finding about the formation of streaks within the structure brings scientists one step closer to solving the mystery.”

www.sott.net/article/444322-New-feature-of-STEVE-discovered-by-scientist

The wave is probably just starting and it will hard to stop. With all the uncertainty in the world, right now, Bitcoin is providing some stability in its growth and theoretical basis.

>>> “Bitcoin prices have been volatile during the last few weeks, but have managed to climb higher in value at the same time. This week bitcoin derivatives markets, specifically futures and options, show that crypto asset traders should expect more swings going forward. Some traders believe that the digital currency’s price could fill two unfilled gaps on CME Group’s Bitcoin Futures chart with an upward trajectory toward $18,000.”

news.bitcoin.com/btc-options-open-interest-surges-traders-look-to-an-unfilled-bitcoin-futures-gap-at-18k/

It is good to see these advances, but I doubt that they are actually doing the hard payroll part. Most probably, they are doing the finale stage only, which is the actual payment in form of checks or direct bank deposits. Nevertheless, this will allow some real payroll services to use them as payment processors.

>>> “The Atlanta-based cryptocurrency payment processing company Bitpay is now getting involved with payroll services. The firm announced the launch of Bitpay Send, a mass payout service that enables organizations of all sizes to pay employees, affiliates, and freelance contractors.
“

news.bitcoin.com/bitpay-launches-new-payroll-service-for-companies-that-opt-to-pay-employees-in-crypto/

This is a big endorsement of the peer to peer money. I do not think there will be a going back to the pre-crypto-money ever.

>>> “Payment processing giant Paypal announced on Thursday that “all eligible Paypal account holders in the U.S. can now buy, hold, and sell cryptocurrency directly with Paypal.” The news follows the company’s announcement to support crypto assets at the end of October.“

news.bitcoin.com/paypal-opens-crypto-services-to-millions-of-eligible-account-holders-in-the-us/

Here is another good reason to take some vitamin D supplements.

>>> “Repeated-measures ANOVA showed substantial improvements in the full scale intelligence quotient (FSIQ), information, digit span, vocabulary, block design, and picture arrangement scores in the vitamin D group over the placebo group”

pubmed.ncbi.nlm.nih.gov/33164936/

This seems to be the kind of peer to peer trading that is needed. It allows two traders to trade without trusting a third entity with their money by keeping their money in their own wallet.

>>> “Peer-to-peer cryptocurrency trading platform Bitcoin Global has launched its mobile app for iOS and Android devices. In addition to a fast and anonymous way to buy and sell digital assets for fiat, the mobile app features a secure wallet, access to a referral program and more.“

news.bitcoin.com/bitcoin-global-launches-p2p-crypto-trading-app-for-mobile-devices/