Crypto regulation is antithesis to the idea of crypto. But, of course, as always anarchy has failed or is failing. The biggest problem with anarchy is that it magnifies the penetration and power of evil genius. In fact, till the time an evil genius is only attacking the poor masses, there is no call for his curtailment; however, the evil being evil loses his self-status and starts attacking the system…
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It is beneficial to briefly define Web 3, Internet of Things (IoT), and Metaverse, along with Artificial Intelligence (AI), before expressing my opinion on the topics included in the above caption. Web 3: Web 3 simply speaking means decentralized internet with or without centralized internet service providers (ISPs) — mostly it should be decentralized ISPs like Helium Network. Such decentralized internet may or may not bring decision making power to…
The last week of cryptos has brought about a fundamental change in the perspective: nobody is talking of crypto market bullishness. Some very good DeFi (Decentralized Finance) coins have been butchered so much that now they are hugely undervalued. You can buy them at December 2020 prices. In my another blog, On Cryptos, I have identified DeFi as the biggest potential of cryptos. In the same blog and another blog,…
It would be foolhardy to claim that bitcoin has a bright future without any resistance. There is no doubt that bitcoin is an excellent idea for disruption, but that per se is no guarantee of success. Even a tech entrepreneur who gets full support from the nationalist governments can’t get success without strategy and efforts. bitcoin is rather trying to disrupt nations. The basic idea of blockchain/distributed ledgers is no…
The first name that comes to mind when you think of cryptos is bitcoin, but the cryptos don’t start and end with bitcoin. The core idea of cryptos is distributed ledger, a database transcending proprietary servers. A database is a very boring but essential element of any computer system. The difference here is that the computer systems running on distributed ledgers extend beyond borders in a way that they can…
It is now banal to call bitcoin the digital gold; however, the truth is far from it. bitcoin is the token used in Bitcoin, the blockchain, to pay transaction fees, and also it is mined by miners everytime they add a new block to the blockchain. Mining of bitcoin is not a necessity to run the blockchain. It is rather a reward for the miners for acting honest. At the…
The Review Bitcoins have been nudging my financial instincts, which I have kept dormant for a decade and a half, but beginning this year the gentle nudges turned into wild attacks loud enough to wake up any indolent mind from its slumber: even a whisper of 1200% return on investment in a single year is loud enough for a mind which has even remotely heard of terms like P/E ratio,…