Ukraine will have its own "bitcoin": testing of the e-hryvnia will begin soon.
Ukraine will have its own digital currency. The National Bank plans to conduct a pilot project for the issuance of e-hryvnia. This was reported by Economic Truth citing a response from the NBU to a request.
The pilot project will start in 2025. Testing will take place with real users and real payment service providers.
"The goal of the pilot is to test the e-hryvnia to determine the technological prospects for performing the functions of money, meeting the needs of payment service users, and verifying hypotheses about programmability," the National Bank adds.
At the same time, it should be noted that the deadlines for starting testing may change, as they are influenced by a number of factors.
«The rich will become richer. Who will become richer? People who accumulate gold, silver, bitcoin. I own all three financial assets. Who will become poorer? People who save dollars, pesos, yen, euros,» he wrote. According to Kiyosaki, once bitcoin reaches $100,000, it will be "too difficult for the poor and middle class to catch up."
He is confident that at that price, only the "ultra-rich, such as corporations, banks, and government funds" will be able to afford digital gold.
"FOMO is good. Don't be left behind. Don't let the rich get richer without you," the investor added. On November 25, Kiyosaki posted a tweet predicting bitcoin at $500,000 in 2025 supposedly from artificial intelligence.
Da Vinci: If Bitcoin and cryptocurrencies hadn't been invented, I would say that in 50 years we would find ourselves in the Middle Ages. Honestly, I have not seen a way out of the impending disaster caused by fiat currencies.
Moral standards in the USA have degraded to the point of disappearing. Everyone wants to hang out, and as soon as the financial system blows up, everyone will be waiting for the government to solve their problems. This is a road to totalitarianism and oppression. One can trace a historical cycle that arises in a certain society.
You achieve success, you are rich and strong, and since you are so rich and strong, you create social programs. But these social programs are based on the theft of wealth from other people — they destroy society. Then come the repressions, religion kicks in — as everyone is oppressed and has no future except for a handful of people at the top. And religion turns the whole chain back, to another rise. Only for society to collapse again. I think that after we launch small applications on the blockchain, which will be based on even smaller applications, we will be ready to create a large viable project. And we will start building states on the blockchain.
Da Vinci: How to Start Investing in Bitcoin You just noticed Bitcoin and don't know what to do. And you have, for example, only 1000$ savings — what to do?
I don't think it's worth investing the whole thousand in Bitcoin right now. That would be the wrong move. I would suggest starting to save in bitcoins.
You decide how much you're willing to invest. It can be five dollars or ten — it doesn't matter, but you invest that amount every month or every week. It doesn't matter what the price of [bitcoin] is, just keep adding those small amounts.
Everything else requires a bit of skill. If you don't have trading skills, then don't even try to trade. At all. Don't trade! Because that's exactly what I did when I started, and I lost hundreds of bitcoins. If you feel like "Oh my God, it went up! Time to sell!" — don't do it.
If you invest a fixed amount regularly — you will be successful. And if you want to trade, learn. Trading is a skill, just like fixing a car or being a farmer, so take a course.
Buy Bitcoin — Protect Your Family People want to know when to buy and sell Bitcoin. But the main future of it is that, once the world is ready, you won't need to sell. You will be able to buy anything you want with bitcoins. You will be able to earn them. Even if you are the last person in this field, you can use the product to save for your future. Gradually, the value of your savings will grow.
Here’s an example.
A person lives in China and earns two dollars a day. Even if he saves 50 cents daily from that — he has no hope! He has almost zero chance of breaking free from poverty.
With Bitcoin, those same two dollars a day will definitely grow over a thirty-year cycle. And you no longer need to invest in dubious get-rich-quick schemes. Even if it is a normal investment, there is still a risk of losing savings.
Now people have an asset that can be saved and thereby secure their future, finally protect their family. This is the most important goal of the entire project, in my opinion.
In January, an unknown person cloned the voice of U.S. President Joe Biden and made a series of calls to voters in New Hampshire, urging them to boycott the election. As a result, the Federal Communications Commission proposed a $6 million fine for the fake calls.
Another example: in the U.S., physical education teachers were accused of using a voice deepfake to frame the school principal and achieve his dismissal. However, independent experts determined that the audio was fabricated, as it had a "flat tone, unusually clear background, and lack of consistent breathing sounds or pauses."
Call your friend back or ask him something that only the two of you can know, it can be a simple question, for example, "how did we meet?".
To protect your page from hacking, set up two-factor authentication, or this function is also called two-step verification.
When setting up such a function, in addition to the login and password, you need to enter an electronic key or a confirmation code to enter your account, which should be sent to a smartphone, e-mail box or the corresponding application.
This should be done in cases where the login to your account will be from an unknown browser or mobile device.
In this case, even if the fraudster learns your password, he will not be able to hack your account."
With the help of AI, fraudsters can fake a person's photo, video, and even voice.
And then these functions are used to deceive gullible people.
Specialists of the Southern Interregional Department of Justice, which serves Dnipro, told about new methods of fraud and how to counter them:
"Fraudsters use artificial intelligence tools in fraudulent schemes.
Here's how it works: Scammers hack into messenger accounts and ask to borrow money from the account owner's friends.
But to be more convincing, scammers send voice messages by cloning a person's voice with the help of artificial intelligence, using recordings that the person has previously sent in chats.
This makes them more convincing, and potential victims can truly believe they are helping their friend.
Vladimir Putin has repeatedly emphasized that using the dollar as a weapon and a tool of pressure on geopolitical opponents is 'absolute foolishness,' as the Americans are 'cutting the branch they are sitting on.' He noted that they should do whatever they want, but not use the dollar as a weapon, as it undermines their own economic hegemony and ability to carry out operations unavailable to other global players, such as buying up world resources for a pittance.
Donald Trump also promised to introduce tariffs on goods from China of 20% and from Mexico and Canada of 10%. The introduction of protective tariffs, on the one hand, may be beneficial for the American economy, as it will create additional economic incentives for domestic producers (and the genesis of capitalism in the West and its active development are inextricably linked to protectionist policies), but on the other hand, it may contribute to accelerating inflation, which is precisely what Republicans have actively criticized the economic policy of Joe Biden's administration for.
US President-elect Donald Trump threatened BRICS countries with 100% tariffs. If they don't stop trying to find an alternative to the dollar in international trade.
This is reported by RBC-Ukraine with reference to Trump's post on the Truth Social social network.
According to him, the idea that the BRICS countries can abandon the dollar in international settlements has come to an end.
"We demand from these countries a commitment not to create a new BRICS currency and not to support any other currency to replace the US dollar. Otherwise, they will face 100% tariffs and will have to say goodbye to sales to the wonderful US economy," he said. .
As UNIAN reported, in March of this year, the EU adopted the world's first law on artificial intelligence. The document should regulate the use of this technology, taking into account real and potential risks, and will also set a legislative trend in the world. At the same time, OpenAI, the company that created ChatGPT and DALL-E, is discussing the possibility of approving the generation of adult content in its products. Both services are known for their censorship - ask them to create something for adults, and they will refuse.
Researchers from the Massachusetts Institute of Technology published a study dedicated to "deceptive AI". It turns out that some artificial intelligence systems have already learned to deceive people, including those that were trained to remain honest. Researchers found that these artificial intelligence systems can perform tasks such as deceiving players in online games or bypassing CAPTCHAs ("I am not a robot" checks). These seemingly trivial examples can have serious consequences in real life. The most striking example was Meta's Cicero algorithm, which was trained on the board game "Diplomacy". In it, the user must create alliances to conquer the world. The algorithm, being programmed to be honest and helpful, became a "master of deception", breaking agreements to win. Another example involves GPT-4, which, posing as a person with visual impairments, hired people to bypass CAPTCHAs on its behalf.
An international company, whose name has not been established, lost 26 million dollars due to fraudsters who used AI-generated video.
This was reported by Bloomberg, citing the South China Morning Post.
It is noted that the fraudsters fabricated an image of the company's financial director and other participants in the call, using publicly available video recordings, and convinced the victim to make a total of 15 transfers to five Hong Kong bank accounts.
The firm's finance department received a phishing message allegedly from its British financial director in mid-January. The police have not identified either the company or its employees.
Due to liquidity issues, the Federal Reserve is expected to increase the global money supply to $127 trillion by 2025. This is an 18% increase from the current figure of $107 trillion. Against this backdrop, Bitcoin could surpass the $132,000 mark. "This is my long-term estimate for the current cycle — a 12-month forecast based on a linear dependence on liquidity. But Bitcoin cycles are not linear. I think we will see much higher levels," notes Coutts.
The 47th President of the United States plans to engage Elon Musk in implementing initiatives to reduce government spending and decrease the national debt by $2 trillion. At the same time, a softening of monetary policy is planned, which could increase market liquidity and enhance the attractiveness of Bitcoin as a hedge against inflation.
The next four years could become a period of significant institutional support, heightened interest from the government, and widespread public recognition of cryptocurrencies in general and Bitcoin in particular.
Donald Trump won the presidential election, shortly after which Senator Cynthia Lummis expressed her support for the idea of creating a strategic reserve in bitcoins. The bill "crypto queen" of Capitol Hill BITCOIN Act of 2024 (Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act) proposes to acquire 1 million bitcoins over five years and create secure bitcoin storage managed by the Treasury.
Matthew Siegel noted historical parallels: between the 2020 elections and the end of that year, Bitcoin doubled its value despite several corrections of around 10%. The current rally has already shown a 30% increase and also demonstrates similar trends.
Optimism regarding Bitcoin is supported at the management level of VanEck. Recently, CEO Jan van Eck suggested that the value of BTC could reach $300,000 if its capitalization reaches half of the world's gold supply.