Binance Square
LIVE
LIVE
MarsNext
--4.7k views
👉👉👉 #SamAltman Praises #Bitcoin’s Tech Evolution Sam Altman, the visionary mind behind ChatGPT, has recently shared his perspective on Bitcoin, recognizing its pivotal role in the technological progression of humanity. Known for his forward-thinking views, Altman described Bitcoin as a "super logical and important step on the technology tree" of human development. This acknowledgment goes beyond viewing Bitcoin solely as a financial instrument, positioning it as a groundbreaking technological innovation. Altman's perspective emphasizes the significance of Bitcoin in the evolution of technology. Being the first decentralized digital currency, Bitcoin introduced a new paradigm in finance and technology. Its underlying blockchain technology has served as a foundation for various innovations across different sectors, extending beyond its initial application in cryptocurrency. By labeling Bitcoin as both logical and important, Altman points to the cryptocurrency's potential to address fundamental challenges in the current financial system, including trust, transparency, and accessibility issues. The decentralized nature of Bitcoin offers an alternative to traditional centralized financial systems, potentially democratizing access to financial services while enhancing security and privacy. In summary, Sam Altman's endorsement of Bitcoin as a crucial step in technology's evolution underscores the cryptocurrency's profound impact. His views highlight not only the financial implications of Bitcoin but also its broader role as a transformative technology influencing various aspects of human advancement. Source - cryptonewsland.com #CryptoNews #cryptocurrency #BinanceSquareBTC $BTC

👉👉👉 #SamAltman Praises #Bitcoin’s Tech Evolution

Sam Altman, the visionary mind behind ChatGPT, has recently shared his perspective on Bitcoin, recognizing its pivotal role in the technological progression of humanity. Known for his forward-thinking views, Altman described Bitcoin as a "super logical and important step on the technology tree" of human development. This acknowledgment goes beyond viewing Bitcoin solely as a financial instrument, positioning it as a groundbreaking technological innovation.

Altman's perspective emphasizes the significance of Bitcoin in the evolution of technology. Being the first decentralized digital currency, Bitcoin introduced a new paradigm in finance and technology. Its underlying blockchain technology has served as a foundation for various innovations across different sectors, extending beyond its initial application in cryptocurrency.

By labeling Bitcoin as both logical and important, Altman points to the cryptocurrency's potential to address fundamental challenges in the current financial system, including trust, transparency, and accessibility issues. The decentralized nature of Bitcoin offers an alternative to traditional centralized financial systems, potentially democratizing access to financial services while enhancing security and privacy.

In summary, Sam Altman's endorsement of Bitcoin as a crucial step in technology's evolution underscores the cryptocurrency's profound impact. His views highlight not only the financial implications of Bitcoin but also its broader role as a transformative technology influencing various aspects of human advancement.


Source - cryptonewsland.com

#CryptoNews #cryptocurrency #BinanceSquareBTC $BTC

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@MarsNext

Explore More From Creator

🔥🔥🔥 Forbes Highlights #shibaInu Success: Four Key Points of Praise Forbes Recognizes Shiba Inu’s Achievements In a June 11 article, Forbes dedicated a segment to celebrating Shiba Inu's achievements in both the crypto world and traditional finance. "All hail Shiba Inu, cutest of all the doges!" the segment began, highlighting that Shiba Inu is not just a #memecoin🚀🚀🚀 with a "pretty face" but a cryptocurrency demonstrating real utility. Shiba Inu Team Reacts, Summarizes Forbes Article into Four Key Points Shiba Inu marketer Lucie celebrated the recognition from the prominent business media outlet. She summarized the Forbes article into four main points: 1. Innovation Leadership: Forbes highlighted Shiba Inu's role in setting the technological pace for other crypto assets, showcasing its leadership in innovation. 2. Partnership with Zama.ai: The article recognized Shiba Inu's partnership with Zama.ai to develop a fully homomorphic encryption platform, emphasizing the project’s commitment to improving privacy and security. 3. Transition to Practical Utility: Forbes praised Shiba Inu for evolving from a memecoin to a token with practical utility, including security and identity solutions. 4. Impact on Traditional Finance: Lastly, Forbes noted that Shiba Inu's influence extends beyond the crypto world into traditional finance, setting new industry standards. Lucie emphasized that this recognition reflects the hard work of Shiba Inu’s developers and the project's progress in the crypto space. Shiba Inu’s Commitment to Innovation Since August 2020, Shiba Inu has transformed from a memecoin to a utility-focused project under Shytoshi Kusama. The team has launched a DEX, Layer-2 blockchain, NFTs, DN-404 tokens, and a domain name system. Upcoming projects, set for the 2024/2025 market cycle, include an L3 privacy #Blockchain , a #metaverse project, and a play-to-earn version of Shiba Eternity, showcasing Shiba Inu's commitment to innovation and leadership. Source - thecryptobasic.com #BinanceSquareTalks
--
👉👉👉 U.S. CPI Was Flat in May, Beating Expectations; #bitcoin Rises to $69.2K The U.S. Consumer Price Index (CPI) remained unchanged in May, outperforming economist expectations of a 0.1% increase & down from April's 0.3% rise. On a year-over-year basis, #cpi increased by 3.3%, slightly below the anticipated 3.4% and last month's reading of 3.4%. The core CPI, which excludes food & energy costs, rose 0.2% in May, also beating forecasts of a 0.3% increase and compared to April's 0.3% rise. Year-over-year, core CPI increased by 3.4%, against expectations of 3.5% and April's 3.6%. Bitcoin (BTC) responded positively to the lower-than-expected inflation data, jumping to $69,400, up nearly 4% over the past 24 hours. After significant declines in inflation during 2022 and 2023 as the Federal Reserve raised interest rates, the trend has stalled in recent months, remaining above the policymakers' 2% target. This has dampened market participants' expectations of imminent rate cuts. Earlier this year, traders anticipated five or six 25 basis points (bps) rate cuts in 2024 by the end of December. However, this expectation shrank to one or two cuts before today's CPI report, with the first cut not expected until September, according to the CME FedWatch Tool. Crypto prices have been "highly sensitive" to U.S. economic data recently, noted K33 Research in a report earlier this week. Recent higher inflation figures and reduced hopes for rate cuts led to Bitcoin's decline from all-time high prices above $73,000 in March to below $57,000 in May. Traders anticipate that looser monetary conditions will fuel the next leg of the crypto rally to record prices. Several major central banks, including the European Central Bank and the Bank of Canada, have recently lowered benchmark rates, causing the U.S. dollar index (DXY) to reach a one-month high. Investors are now awaiting the Federal Reserve's "dot plot" release, which will reveal interest rate projections from Federal Market Open Committee members and could significantly impact asset prices. Source - coindesk.com 
--
💥💥💥 #CryptoExpert Reveals Top 7 AI Tokens For Massive 100x Growth – Don’t Miss Out! The fusion of artificial intelligence (AI) and #Blockchain technology is gaining traction, prompting the launch of new tokens and listings on major exchanges like Binance. Analysts, known as "Crypto Symbiote," predict significant price surges for 10 AI-related tokens, with potential gains of 10x to 100x. They identified these top tokens after evaluating around 500 similar projects. AI-Related Tokens Poised for Major Growth: 1. Omni Network ($OMNI ): - An Ethereum-native protocol enabling rapid communication between Ethereum rollups. - Current price: $15 - Market cap: $163 million 2. Numerai ($NMR ): - A data science competition platform for predicting the stock market using machine learning models. - Current price: $24 - Market cap: $168 million 3. SSV Network ($SSV ): - A decentralized Ethereum staking network using Secret Shared Validator (SSV) technology for non-custodial staking. - Current price: $36 - Market cap: $278 million From Crypto Web3 Domains to AI Monetization: 4. Space ID Protocol (#ID ): - A universal name service network for web3 domains, offering a multi-chain name service and development tools. - Current price: $0.6 - Market cap: $279 million 5. Golem Project (#GLM ): - A decentralized platform for sharing and accessing computational resources. - Current price: $0.44 - Market cap: $445 million 6. AltLayer (ALT): - A decentralized protocol enhancing the security, decentralization, and interoperability of rollups. - Current price: $0.29 - Market cap: $449 million 7. NFPrompt (#NFP ): - A Web3 tool for monetizing AI-generated content through verifiable ownership of AI art. - Current price: $0.43 - Market cap: $110 million Conclusion: These AI tokens are believed to have substantial growth potential due to their innovative technology, potential for widespread adoption, and current undervaluation. However, investors should conduct thorough research and exercise caution when investing. Source - newsbtc.com
--

Trending Articles

View More
Sitemap
Cookie Preferences
Platform T&Cs