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RICH DAD, POOR DAD AUTHOR PREDICTS BITCOIN TO HIT $350,000
Renowned author Robert Kiyosaki has predicted bitcoin will surge to $350,000 by August 2024, citing his lack of faith in current U.S. leadership and endorsing Bitcoin as an alternative.
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Renowned personal finance author Robert Kiyosaki has predicted Bitcoin will reach $350,000 by August 25, 2024. The Rich Dad, Poor Dad writer has long been a Bitcoin bull, touting Bitcoin as hard money alternatives.$BNB
Renowned author Robert Kiyosaki has predicted bitcoin will surge to $350,000 by August 2024, citing his lack of faith in current U.S. leadership and endorsing Bitcoin as an alternative.
HOME
BUSINESS
Renowned personal finance author Robert Kiyosaki has predicted Bitcoin will reach $350,000 by August 25, 2024. The Rich Dad, Poor Dad writer has long been a Bitcoin bull, touting Bitcoin as hard money alternatives.$BNB
TD BANK RELEASES COMMERCIAL EXPLAINING THE BITCOIN HALVING AND PROMOTES ETFS
The commercial delves into the supply and demand dynamics of Bitcoin leading into its fourth halving.
HOMEBUSINESSTD Bank subsidiary TD Direct Investing recently uploaded a video on its YouTube channel explaining in detail the upcoming Bitcoin halving event, expected around April 19 or 20. The commercial serves to educate viewers on the significance of this event within the context of Bitcoin's supply and demand dynamics.The video underscores this year's approval of spot Bitcoin Exchange Traded Funds (ETFs) in the United States, resulting in a surge in demand for bitcoin while the supply remains fixed. With the impending halving, the issuance of new bitcoins per day is set to decrease by half, highlighting the deflationary nature of Bitcoin's supply schedule. After this halving, Bitcoin's inflation rate is set to be lower than gold's inflation rate of ~1.5% on average.
quotation ———>Check out this article on Bitcoin Magazine: https://bitcoinmagazine.com/business/td-bank-releases-commercial-explaining-the-bitcoin-halving-and-promotes-etfs?utm_source=carrot&utm_medium=partner&utm_campaign=carrot_share
HOMEBUSINESSTD Bank subsidiary TD Direct Investing recently uploaded a video on its YouTube channel explaining in detail the upcoming Bitcoin halving event, expected around April 19 or 20. The commercial serves to educate viewers on the significance of this event within the context of Bitcoin's supply and demand dynamics.The video underscores this year's approval of spot Bitcoin Exchange Traded Funds (ETFs) in the United States, resulting in a surge in demand for bitcoin while the supply remains fixed. With the impending halving, the issuance of new bitcoins per day is set to decrease by half, highlighting the deflationary nature of Bitcoin's supply schedule. After this halving, Bitcoin's inflation rate is set to be lower than gold's inflation rate of ~1.5% on average.
quotation ———>Check out this article on Bitcoin Magazine: https://bitcoinmagazine.com/business/td-bank-releases-commercial-explaining-the-bitcoin-halving-and-promotes-etfs?utm_source=carrot&utm_medium=partner&utm_campaign=carrot_share
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WHEN IS THE NEXT BITCOIN HALVING?
The next Bitcoin halving is anticipated to take place on or around April 20, 2024 EST, reducing the block reward from 6.25 to 3.125 BTC. This halving period — or epoch — will increase the supply by 164,250 bitcoin (from 19,687,500 to 20,671,875), a mere 328,124 bitcoin from the maximum supply limit of 21 million.
TO CALCULATE THE NEXT HALVING DATE
Determine the block interval: While it’s true that Bitcoin’s block time (the time between each block) is approximately 10 minutes, the time can vary slightly due to hash rate and network adjustments.Find the current block height: You need to know the current block height, which you can find on various blockchain explorer websites or directly from your Bitcoin node if you’re running one.Calculate the blocks remaining until the next halving: Bitcoin’s halving occurs every 210,000 blocks. Subtract the current block height from the next halving block height.Calculate the estimated time remaining: Multiply the number of blocks remaining by the approximate block interval (in seconds) to estimate the time remaining until the next halving.Convert the time into a date: Convert the estimated time remaining into a date #Binance format to find out when the next halving is expected. .$BTC
The next Bitcoin halving is anticipated to take place on or around April 20, 2024 EST, reducing the block reward from 6.25 to 3.125 BTC. This halving period — or epoch — will increase the supply by 164,250 bitcoin (from 19,687,500 to 20,671,875), a mere 328,124 bitcoin from the maximum supply limit of 21 million.
TO CALCULATE THE NEXT HALVING DATE
Determine the block interval: While it’s true that Bitcoin’s block time (the time between each block) is approximately 10 minutes, the time can vary slightly due to hash rate and network adjustments.Find the current block height: You need to know the current block height, which you can find on various blockchain explorer websites or directly from your Bitcoin node if you’re running one.Calculate the blocks remaining until the next halving: Bitcoin’s halving occurs every 210,000 blocks. Subtract the current block height from the next halving block height.Calculate the estimated time remaining: Multiply the number of blocks remaining by the approximate block interval (in seconds) to estimate the time remaining until the next halving.Convert the time into a date: Convert the estimated time remaining into a date #Binance format to find out when the next halving is expected. .$BTC
The bedrock of Bitcoin self-sovereignty is having control over your private keys. Without this, in one way or another, you are relinquishing control of your money to someone else. “Not your keys, not your coins” as the saying goes. A counter-intuitive aspect of Bitcoin for people who aren’t familiar with the technical underpinnings of it is “where” your Bitcoin actually is. When people think of a wallet, they think “the place where I keep my money.” Your bitcoin wallet doesn’t actually “hold” your Bitcoin, it just stores your private keys. Your Bitcoin is just entries of data on the blockchain hosted by everyone participating in the network. When you go to spend your bitcoin, what you are actually doing is proposing an update to the data stored on the blockchain. A private key is how the protocol ensures that you, and you alone, can authorize an update to the blockchain that spends your Bitcoin
THE INCREASING IMPORTANCE OF MTLS
Traditionally, MTLs are associated with some cryptocurrency exchanges and traditional financial institutions. MTLs are issued by state authorities, allowing businesses to engage in the transmission of money.
Many companies are expected to acquire this type of license, and Bitcoin ATM operators often fall under this type of regulation.
For example, in New York, the BitLicense has historically been the predominant state-specific cryptocurrency license in the United States. However, with the new California AB39 bill being signed into law, a new set of regulations tailored specifically to the crypto industry will be introduced. This will require MTLs for digital assets in California and mandates Anti-Money Laundering (AML), cybersecurity, and risk management policies. It provides more oversight to the compliance processes in place for the digital assets industry in California.
This type of regulation marks a significant shift, showing that more and more states may follow suit by creating their own regulatory frameworks. As a result, we may see a more regulated and compliant crypto industry, with Bitcoin ATMs following along behind.
Traditionally, MTLs are associated with some cryptocurrency exchanges and traditional financial institutions. MTLs are issued by state authorities, allowing businesses to engage in the transmission of money.
Many companies are expected to acquire this type of license, and Bitcoin ATM operators often fall under this type of regulation.
For example, in New York, the BitLicense has historically been the predominant state-specific cryptocurrency license in the United States. However, with the new California AB39 bill being signed into law, a new set of regulations tailored specifically to the crypto industry will be introduced. This will require MTLs for digital assets in California and mandates Anti-Money Laundering (AML), cybersecurity, and risk management policies. It provides more oversight to the compliance processes in place for the digital assets industry in California.
This type of regulation marks a significant shift, showing that more and more states may follow suit by creating their own regulatory frameworks. As a result, we may see a more regulated and compliant crypto industry, with Bitcoin ATMs following along behind.
Check out this article on Bitcoin Magazine: https://bitcoinmagazine.com/legal/changing-regulatory-dynamics-for-bitcoin-atms?utm_source=carrot&utm_medium=partner&utm_campaign=carrot_share#feha$BTC
Shifting regulatory landscapes are starting to produce regulation models that present an increasing burden for small scale Bitcoin ATM operators.
Shifting regulatory landscapes are starting to produce regulation models that present an increasing burden for small scale Bitcoin ATM operators.