LIVEKenny Grey
@Kenny_Grey
My name is Kenny Grey, a crypto enthusiast and a copy writer. I hope my contents speaks more of me.
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Still on facts about crypto
"Cryptocurrency Can’t Be Physically Banned"
The most-talked about news of ‘banning’ cryptocurrency in India has a few genuine reasons like- central banks losing business and no government control due to decentralized control.
However, despite the ban, it is ‘physically’ impossible to ban cryptocurrency because anyone can get a crypto wallet. There can be regulations but you can’t stop the cryptocurrency market.
It’s practically impossible to actually ban the use of cryptocurrencies, even though countries can regulate access to service providers and shut down exchanges. But with one of the world’s largest economies coming out against cryptocurrencies, it’s hard to say how things will change in the future.
"Cryptocurrency Can’t Be Physically Banned"
The most-talked about news of ‘banning’ cryptocurrency in India has a few genuine reasons like- central banks losing business and no government control due to decentralized control.
However, despite the ban, it is ‘physically’ impossible to ban cryptocurrency because anyone can get a crypto wallet. There can be regulations but you can’t stop the cryptocurrency market.
It’s practically impossible to actually ban the use of cryptocurrencies, even though countries can regulate access to service providers and shut down exchanges. But with one of the world’s largest economies coming out against cryptocurrencies, it’s hard to say how things will change in the future.
Fun fact you should be reminded about👇
"You Can’t Lose Your Wallet"
When dealing in cryptocurrency you hold a crypto wallet (digital wallet) that has public and private keys. You are provided with a private key to gain access to it and if you happen to lose your private key, the chances of getting it back are close to never.
Your digital funds will disappear into a huge crypto-void. There is very little chance of hacking because of the blockchain technology, so you are the only one responsible for losing your digital money.
A credit card/debit card loss can still be traced back or created again at the Bank by providing your identification proof, but with cryptocurrency, you need to be extremely careful.
#crypto2023 #Binance
"You Can’t Lose Your Wallet"
When dealing in cryptocurrency you hold a crypto wallet (digital wallet) that has public and private keys. You are provided with a private key to gain access to it and if you happen to lose your private key, the chances of getting it back are close to never.
Your digital funds will disappear into a huge crypto-void. There is very little chance of hacking because of the blockchain technology, so you are the only one responsible for losing your digital money.
A credit card/debit card loss can still be traced back or created again at the Bank by providing your identification proof, but with cryptocurrency, you need to be extremely careful.
#crypto2023 #Binance
Bitcoin's Rise: Exploring the Factors Behind the Recent Surge
Introduction
In recent times, Bitcoin has experienced a significant surge in value, reaching new heights that have astonished both investors and analysts alike.
This surge has been driven by a convergence of factors, including BlackRock's filing for a Bitcoin exchange-traded fund (ETF), the United States Securities and Exchange Commission's crackdown on altcoins, and the growing dominance of Bitcoin in the crypto market.
In this article, we will explore the various elements contributing to
In recent times, Bitcoin has experienced a significant surge in value, reaching new heights that have astonished both investors and analysts alike.
This surge has been driven by a convergence of factors, including BlackRock's filing for a Bitcoin exchange-traded fund (ETF), the United States Securities and Exchange Commission's crackdown on altcoins, and the growing dominance of Bitcoin in the crypto market.
In this article, we will explore the various elements contributing to
Do you know that Dogecoin started as a joke?🤣🤣Absolutely true.
One of the hottest cryptocurrencies in 2021 was dogecoin (DOGE), as its market capitalization grew, in part due to support from Elon Musk. However, this cryptocurrency started out as a joke.
The idea was that there were so many coins out there, just being introduced. So the creators of dogecoin invented the cryptocurrency around the image of the surprised-looking Shiba Inu dog. This was a popular meme in 2013 when dogecoin was introduced.
I had a lot at the time, can't really place my head what happened to the meme coin. It is still funny till date😁😁
One of the hottest cryptocurrencies in 2021 was dogecoin (DOGE), as its market capitalization grew, in part due to support from Elon Musk. However, this cryptocurrency started out as a joke.
The idea was that there were so many coins out there, just being introduced. So the creators of dogecoin invented the cryptocurrency around the image of the surprised-looking Shiba Inu dog. This was a popular meme in 2013 when dogecoin was introduced.
I had a lot at the time, can't really place my head what happened to the meme coin. It is still funny till date😁😁
"Still on fun facts about Cryptocurrency"
Elon Musk has a lot of pull when it comes to cryptocurrency prices.
One person has contributed to huge swings in cryptocurrency prices in 2021 — Elon Musk. When he tweets or talks about cryptocurrencies, the market listens. Or at least his devoted followers do.😁
Musk has impacted the price of bitcoin, dogecoin, and the cryptocurrency market as a whole, just by making pronouncements about what coins Tesla will accept for car purchases and making comments on Saturday Night Live.
Despite Musk’s antics, many investors still find themselves researching how to invest in Tesla itself.
Man has built enough reputation for himself. Funny how he posted just period(.) and got enough engagements on twitter while others type long messages to gain exposure.
Elon Musk is the real deal.
Elon Musk has a lot of pull when it comes to cryptocurrency prices.
One person has contributed to huge swings in cryptocurrency prices in 2021 — Elon Musk. When he tweets or talks about cryptocurrencies, the market listens. Or at least his devoted followers do.😁
Musk has impacted the price of bitcoin, dogecoin, and the cryptocurrency market as a whole, just by making pronouncements about what coins Tesla will accept for car purchases and making comments on Saturday Night Live.
Despite Musk’s antics, many investors still find themselves researching how to invest in Tesla itself.
Man has built enough reputation for himself. Funny how he posted just period(.) and got enough engagements on twitter while others type long messages to gain exposure.
Elon Musk is the real deal.
Do you also stop to think of the popularity of NFTs in 2021? Everything was buzzing about NFTs and how many investors had spent large sums to obtain certain NFTs.
Even though they grew in popularity in 2021 and are considered digital assets, NFTs aren’t cryptocurrencies.
They’re tokens that are not used as a medium of exchange. And NFTs can’t be divided or replicated. Enough reasons to wonder why it was talk of the town then.😁
NFTs can be used as alternative investments similar to artwork or collectibles. In fact, that’s how some people see them — digital collectibles and artwork that may potentially grow in value.
There are even NFTs, like those offered by NBA TopShot, that operate similarly to digital sports trading cards.
I don't get me wrong, I love NFTs. I wished I made money from the few I got😏😏
Even though they grew in popularity in 2021 and are considered digital assets, NFTs aren’t cryptocurrencies.
They’re tokens that are not used as a medium of exchange. And NFTs can’t be divided or replicated. Enough reasons to wonder why it was talk of the town then.😁
NFTs can be used as alternative investments similar to artwork or collectibles. In fact, that’s how some people see them — digital collectibles and artwork that may potentially grow in value.
There are even NFTs, like those offered by NBA TopShot, that operate similarly to digital sports trading cards.
I don't get me wrong, I love NFTs. I wished I made money from the few I got😏😏
Still on fun facts about cryptocurrency.
Do you know that Crypto kitty Dragon is the most expensive digital cat??
Back in 2018, someone paid 600 ether (ETH) for a CryptoKitty Dragon. At the time of the sale, 600 ether was worth about $170,000. The price of one ether is at $1,290 as of Sept 22, 2022, meaning that 600 ether would be the equivalent of more than $770,000.
That’s one expensive digital cat!
The question is do you love cats? Would you want to spend such amount on a digital cat?
You must admit crypto is indeed a beautiful place.
Do you know that Crypto kitty Dragon is the most expensive digital cat??
Back in 2018, someone paid 600 ether (ETH) for a CryptoKitty Dragon. At the time of the sale, 600 ether was worth about $170,000. The price of one ether is at $1,290 as of Sept 22, 2022, meaning that 600 ether would be the equivalent of more than $770,000.
That’s one expensive digital cat!
The question is do you love cats? Would you want to spend such amount on a digital cat?
You must admit crypto is indeed a beautiful place.
😂Still on fun facts about Cryptocurrency.
Do you know that no one knows who created bitcoin?
So who is the person that’s created this virtual currency market? Well, no one actually knows. The most surprising fact about cryptocurrency is the person or organization who created ‘bitcoin’ is unknown.
However, people refer to the creator of bitcoin as Satoshi Nakamoto. A popular belief is that the name is an acronym for leading tech companies – Samsung-Toshiba-Nakamichi-Motorola.
It's funny right?? I thought so too😅
Do you know that no one knows who created bitcoin?
So who is the person that’s created this virtual currency market? Well, no one actually knows. The most surprising fact about cryptocurrency is the person or organization who created ‘bitcoin’ is unknown.
However, people refer to the creator of bitcoin as Satoshi Nakamoto. A popular belief is that the name is an acronym for leading tech companies – Samsung-Toshiba-Nakamichi-Motorola.
It's funny right?? I thought so too😅
"Funny facts About Cryptocurrency"
In 2013, James Howells, who lives in Wales, U.K., threw out a hard drive with 7,500 bitcoins on it. When he realized how much the value of #Bitcoin had shot up in recent years, he went looking for the drive.
Now, he’s trying to get his local city council to allow him to excavate the landfill in an attempt to find the drive. He’s claiming to offer a portion of the proceeds if the city allows him to look through the trash.
Truly, Bitcoin is gradually gaining visibility on mainstream events.
In 2013, James Howells, who lives in Wales, U.K., threw out a hard drive with 7,500 bitcoins on it. When he realized how much the value of #Bitcoin had shot up in recent years, he went looking for the drive.
Now, he’s trying to get his local city council to allow him to excavate the landfill in an attempt to find the drive. He’s claiming to offer a portion of the proceeds if the city allows him to look through the trash.
Truly, Bitcoin is gradually gaining visibility on mainstream events.
Crucial things you should know about Community Moderators
In my earlier post, I inquired if we had any job offers in any of the aforementioned currencies. This article is just meant to clarify what a Community Moderator is and to educate us with what is required of a moderator.
Community moderators play a very crucial role in facilitating and maintaining healthy online communities across various platforms.
They are individuals who volunteer or are employed to monitor, moderate, and manage user-generated content and interactions within online communi
Community moderators play a very crucial role in facilitating and maintaining healthy online communities across various platforms.
They are individuals who volunteer or are employed to monitor, moderate, and manage user-generated content and interactions within online communi
DO YOU KNOW THAT THERE ARE 12,000 DIGITAL CURRENCIES IN EXISTENCE?
As of September 2022, there are more than 12,000 digital currencies in existence. While you can’t buy them all on an exchange, they are out there, some of them requiring their own wallets. This includes many altcoins such as USD coin (USDC), XRP (XRP), solana (SOL), Binance USD (BUSD), and more.
There are so many coins and tokens available because it’s relatively easy to create a new cryptocurrency and put it out there. But, as of September 2022, the top 20 virtual currencies account for about 87% of the crypto market cap.
The question now is do you have a secured job in any of this currencies? If No, Stick around I'll educate you more on how to get a community moderation job.
As of September 2022, there are more than 12,000 digital currencies in existence. While you can’t buy them all on an exchange, they are out there, some of them requiring their own wallets. This includes many altcoins such as USD coin (USDC), XRP (XRP), solana (SOL), Binance USD (BUSD), and more.
There are so many coins and tokens available because it’s relatively easy to create a new cryptocurrency and put it out there. But, as of September 2022, the top 20 virtual currencies account for about 87% of the crypto market cap.
The question now is do you have a secured job in any of this currencies? If No, Stick around I'll educate you more on how to get a community moderation job.
In the fast-paced and ever-changing world of cryptocurrency, one word that often gets overlooked is "consistency."
While many investors focus on the volatility and potential gains of cryptocurrencies, it is important to recognize the importance of consistency in building a strong foundation for this market.
Consistency plays a crucial role in various aspects of the cryptocurrency market, including trust and credibility, price stability, regulations, investment strategies, communication, and overall success.
Consistency is the foundation upon which the cryptocurrency market can build a strong and sustainable future.
#Binance #bitcoin
While many investors focus on the volatility and potential gains of cryptocurrencies, it is important to recognize the importance of consistency in building a strong foundation for this market.
Consistency plays a crucial role in various aspects of the cryptocurrency market, including trust and credibility, price stability, regulations, investment strategies, communication, and overall success.
Consistency is the foundation upon which the cryptocurrency market can build a strong and sustainable future.
#Binance #bitcoin
10-Year Journey: How Bitcoin's First Commercial Transaction Changed the Pizza Industry
Bitcoin, the world's first decentralized digital currency, has revolutionized the way we think about money and transactions.
Its inception marked a turning point in the history of finance, introducing the concept of a peer-to-peer electronic cash system. In this article, we will delve into the fascinating story of Bitcoin's first commercial transaction and its profound impact on the pizza industry.
On May 22, 2010, Laszlo Hanyecz, a Bitcoin enthusiast, made history by conducting the first re
Its inception marked a turning point in the history of finance, introducing the concept of a peer-to-peer electronic cash system. In this article, we will delve into the fascinating story of Bitcoin's first commercial transaction and its profound impact on the pizza industry.
On May 22, 2010, Laszlo Hanyecz, a Bitcoin enthusiast, made history by conducting the first re
What makes a crypto asset a security in the U.S.?
In the United States, determining whether a crypto asset is considered a security is based on the "Howey Test," which was established by the Supreme Court in 1946. The Howey Test is used to determine whether an investment contract qualifies as a security under U.S. federal securities laws, including the Securities Act of 1933 and the Securities Exchange Act of 1934.
According to the Howey Test, an investment contract is deemed a security if it meets the following criteria:
Investment of Money:
According to the Howey Test, an investment contract is deemed a security if it meets the following criteria:
Investment of Money:
SCAMS IN THE WORLD OF CRYPTO
Scammers in the world of cryptocurrencies have unfortunately become a prevalent issue, taking advantage of the decentralized and pseudonymous nature of digital assets. These scammers employ various tactics to deceive unsuspecting individuals and exploit their lack of knowledge or desperation for financial gain. Let's delve into some common scams in the crypto space:
· Phishing: Phishing is a method used by scammers to trick individuals into revealing their sensitive information, such as
· Phishing: Phishing is a method used by scammers to trick individuals into revealing their sensitive information, such as
BITCOIN GRADUALLY GAINING VISIBILTY ON MAINSTREAM EVENTS
Bitcoin seen by millions at Swiss cup football final
Bitcoin, the revolutionary digital currency and decentralized payment system, has steadily gained visibility and recognition in mainstream events over the past few years. What began as a niche technology has now become a topic of conversation among individuals, businesses, and even governments worldwide.
However, with the rise of cryptocurrency prices and media coverage, Bitcoin has been thrust into the public eye and is quickly becoming a
Bitcoin, the revolutionary digital currency and decentralized payment system, has steadily gained visibility and recognition in mainstream events over the past few years. What began as a niche technology has now become a topic of conversation among individuals, businesses, and even governments worldwide.
However, with the rise of cryptocurrency prices and media coverage, Bitcoin has been thrust into the public eye and is quickly becoming a
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