Crypto Evolution: A New Era of Digital Currency

crypto


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About the Author: Mike Izzo

31 Comments

  1. When a crypto exchange gets hacked, its not gonna harm the average user. Only investors. Average users will buy their bitcoin, and cash it out to their wallet and won't leave it on the exchange. Investors leave it there to do more trading.

  2. The crypto energy problem can be fixed with PoS (Proof of Stake). Even ethereum, one of the most energy intensive blockchains, is now using PoS. Not really an issue anymore

  3. I think governments push crypto because they can track every dollar you spend killing 2 birds with 1 stone destroying a portion of the black market and increasing surveillance capabilities.

  4. Great content, as always! Just a quick off-topic question: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How should I go about transferring them to Binance?

  5. I've upset a few with this. It is too volatile for a currency. It's a failure in Salvador and Bitcoin city is still coming. No commercial or industrial use has been found for the blockchain because the validation process is just too slow after 13 long years of research. It isn't a store of wealth as now appears it establishing a trading range and closely follows the trend of the stock market. It will never be 1 mil a token. After current event it's going down and gold is going up. They got rid of the man and invited him back in with ETF's. The short traders will drive it down whenever they want too. End of the 1 mil coin. It attracts criminals and fraud. It's a Ponzi scheme.

  6. Crypto absolutely changed the world:

    Cryptography for the better.

    Cryptocurrency for the worse. As bad as it can get. Humans have had some stupid ideas and cryptocurrency has to be amongst the most stupid.

  7. I accumulated a total of 89 thousand today. I am truly grateful for all the knowledge and information you have given me over the past few weeks. I started with 5 thousand 2 months ago

  8. Intelligence or ability to understand is an invaluable asset.
    The bible says solomon was given understanding by the lord himself.
    If so, would he able to quantify his ability
    Could we do anything to improve it
    Or is it pure genetics.
    Its not the data, but how we organise the data meanigfuly in our head which makes us smart.
    I appreciate Johnny harris amd respect him for his efforts. Together we all are contributing to the world of human wisdom.
    And
    Forgive me for any grammatical errors…im not a pro..
    ❤❤❤

  9. Crypto could be really useful to save people's money, but it needs to be free from any control, be stable and be safe. One alternative we can use is incentive small local banks, which are much less prone to fail and attend the communities a lot better than big banks. (using crypto to make money shouldn't even be possible)

  10. Bitcoin and crypto (shitcoins) are 2 different things. You can not talk about them as one general idea and represent reality accurately. Crypto is literally oppositional to Bitcoin.

  11. I would love to see a follow up series on this. A lot of the 'pro' argument was based on "future innovations". It has been two years… sooo… how's it going so far? | Also, I have been of the opinion that crypto is all fun and games until the men with guns show up. Think of the case of the protesters. The government freezing their assets is a half measure; trying to find the least 'evil' method of neutralizing the protest. But if push comes to shove, men with guns from governments will show up to intervene. Sure, they can't get into your digital wallet, but neither can you when you are in prison… or worse.

  12. I was not interestied in crypto until Visa and Mastercard left Russia and I had to look for a way to pay for things abroad. Apparently Bitcoin saves from being closed from the outside as well.

  13. Regarding tokens: you are not buying the artwork or the house. You are paying for a token. If that token is in anyway related to real world possessions or even copyright is not determined by the blockchain, but agreed outside of it.

  14. All of this Web3 stuff is such bollocks. How is putting your data forever in an immutable public ledger that can be queried by anyone any better than what we have now? At least I have regulations that mean I can get my data deleted if I want with the current system – that's impossible with Web3.

    It's a solution (Blockchain) looking for a problem to solve.

  15. I am by no means an expert on crypto, bitcoin or NFTs. I am quite honestly the opposite.

    But so much about crypto, bitcoin and NFTs seems to be about scams.

    In fact, many people’s Instagram accounts have been hacked to promote and endorse crypto and bitcoin scams and contain fake bank transaction screenshots saying that the hacked victim invested $500 with some fraudulent investor scam Instagram user and got back $10,000 in just 3 hours and claim that it’s real and legit.

    Many hackers have even forced their victims to film a video of themselves saying that they invested $500 with a particular fake fraudulent investor and got back $10,000 in just 3 hours and that it’s real and legit. These hackers tell their victims that if they do this video they will get their account back but the hacker instead puts that video on the victims profile and stories and sends it to the victims followers.

    Some hacked Instagram accounts contain a picture of a car and/or house and say that purchasing these were only possible due to the cryptocurrency and forex investments they made.

    When crypto was made I don’t know if the founders had the intention for a lot of scams to be based on crypto and bitcoin. I sure hope this was not the founders’ intention.

    To some degree crypto and bitcoin disgusts me because of all of this if any of my friends, colleagues, acquaintances and even relatives on Instagram or Facebook asks me anything about crypto I will just block and assume they are hacked.

    Could anybody please tell me.

    Is there more to crypto and bitcoin that all of these frauds and scams?

    I am asking this because whilst I have heard that in reality it is not a get rich quick scheme and that it is very risky and volatile and is not for everyone to invest and only those who know about it well, I get the impression that it is largely just a scam.

  16. I find their claims of it being 'untracable' to be ridiculous. It's being moved on the internet… everything on the internet is recorded and tracked. It's the most tracable currency ever invented.

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