What is forcing large companies to invest in Bitcoin now

https://preview.redd.it/o4peakfg4k671.jpg?width=1465&format=pjpg&auto=webp&s=bed580451cac93f06843d62d1227d513ff464617

As cryptocurrencies increasingly become mainstream, more and more analytical publications are being recorded, which indicate that institutional investors, as well as large companies, own and acquire Bitcoins.

According to a study by the London-based company Nickel Digital, there are now more than 20 companies that have invested more than six billion USD in bitcoin. analysts of this company found out that seven such companies bought bitcoins 2 years ago, and the remaining ones did it this year.

Why do large funds and companies acquire cryptocurrency? According to the experts of this London-based company, this is largely a forced policy. One of the main reasons is the action of many central banks. Their monetary policy is such that it leads to the depreciation of the fiat currencies in which they previously invested their funds.

Of course, bitcoin is a high-risk asset, and recent events in the crypto market have shown all this once again. However, this does not frighten large companies and funds to invest in it. Apparently, they believe that the risks are quite acceptable and bitcoin will not fall below a certain mark.

Another reason for this behavior is that bitcoin itself, or rather its monetary policy, is completely clear and transparent. The emission is equal to 21 million, the emission is reduced. No one will release new bitcoins to the market, and in this regard, it is more predictable than fiat currencies or other crypto assets.

According to analysts, this leads to the fact that bitcoin is perceived as a system that is not just predictable, but also profitable for investment. The big companies were also pushed to such actions by the fact that too much stuffing of fiats leads to the fact that they devalue even more, and there are no guarantees that this process will slow down.

The inflationary policies of the Fed and other central banks are forcing large companies to look for other assets, in particular bitcoin, as an alternative to fiat. As they include bitcoin in their investment portfolios, this further builds trust in it, and other financial market players join them.

If this trend continues, it may lead to the fact that the volatility of bitcoin will sharply decrease and it will no longer depend on the statements of individuals, such as Elon Musk. Experts predict that the number of large companies that will purchase bitcoin for their portfolios may grow by 3 times.

This will serve as an impetus for an even greater introduction of the leading cryptocurrency asset into the global financial system. Perhaps bitcoin will become the digital gold, as many crypto-enthusiasts assume. But most likely this process will last for several years. In addition, do not forget that many states are introducing their own digital coins, and will pursue a policy of deterring cryptocurrencies.

Official site: https://coinmarketrate.com/

What is DeFi?

I talk to several friends who have been investing in crypto some of them have been doing it for years. Imagine my surprise when they asked me "What's DeFi?" when I started to talk about DeFi. So here I am trying to do my best to explain DeFi.

TRDL: At the bottom

DeFi: what it is and how it works

The term “Decentralized Finance” (DeFi) covers financial services carried out on a blockchain. DeFi are financial services with no central authority. It involves taking traditional elements of the financial system and replacing the middleman with a smart contract. We can also describe it as the merger between traditional banking services with blockchain technology, in layman’s terms.

So, for DeFi to work, it needs a decentralized infrastructure to run on. This is where the Ethereum blockchain comes into play. The Ethereum blockchain is a DIY platform for decentralized applications (DApps).

Most DeFi protocols operate on the Ethereum blockchain, although a few have migrated to other competing blockchains to enjoy greater speed and scalability.DeFi: what it is and how it works

The term “Decentralized Finance” (DeFi) covers financial services carried out on a blockchain. DeFi are financial services with no central authority. It involves taking traditional elements of the financial system and replacing the middleman with a smart contract. We can also describe it as the merger between traditional banking services with blockchain technology, in layman’s terms.

So, for DeFi to work, it needs a decentralized infrastructure to run on. This is where the Ethereum blockchain comes into play. The Ethereum blockchain is a DIY platform for decentralized applications (DApps).

DeFi’s top applications — and notable protocols 

Now, that we know what DeFi is, let’s look at some of its notable applications.

1. Decentralized exchanges (DEXs)

Decentralized exchanges are exchanges that operate without an intermediary. They are not as popular as their centralized counterparts. 

With DEXs, users can connect directly with one another to buy and sell cryptocurrencies in a trustless environment. Assets traded under DEXs are never held in an escrow or third party wallet, as is done with centralized exchanges. Some top DEXs include Uniswap, Curve and SushiSwap. 

Centralized exchanges, on the other hand, are trading platforms operated by a central authority. Platforms like Binance and Coinbase are popular examples of centralized exchanges. They are custodial in nature. In other words, the buyers and sellers trust the central authority to keep their digital assets safe.

2. Lending Platforms

DeFi proponents say the decentralized lending platforms are democratizing the lending ecosystem. These platforms use smart contracts in place of intermediaries like banks — allowing borrowers and lenders to participate in an open system. Lenders can earn interest on their crypto assets by loaning them out, while borrowers can access liquidity without selling off their assets. 

With the traditional financial system, you need to offer collateral before you can access loans from the bank. This is similar to what happens in DeFi. Borrowers have to over-collateralized their loans by offering assets more valuable than the loan value. Some of the top DeFi lending platforms include Maker, Compound, and Aave.

3. Prediction Markets

A prediction market allows participants to make bets on the outcomes of future events. These platforms function like traditional prediction markets — but with blockchain functionality, which eliminates intermediaries. Examples of DeFi prediction markets are Augur, Gnosis and FTX. Crypto powered prediction markets flourished during the 2020 U.S. presidential elections. Augur recorded a milestone volume of over $8 million. Other platforms like Polymarket and Predictit also saw significant election volumes.

4. Yield farming

Yield farming is the process of locking up cryptocurrencies in exchange for a reward. It’s the hottest new term in the DeFi space. Money markets Compound and Aave are two major platforms to farm DeFi yields. Yield farmers stake popular coins like ether, dai, tether and others.

DeFi benefits 

1. Permissionless

Traditional banks are expensive to run and bureaucratic in nature. They take too long to process transactions and have cut many people out of the financial system due to their stringent requirements. DeFi came to solve many of these issues. Here are some of its benefits.

DeFi opens everyone to the financial system irrespective of income, race, wealth, culture or geographic location. All a user needs is a mobile phone or computer with internet access.

There is a significant number of unbanked people globally. The World Bank estimated in 2018 that 20% of the world’s population lack access to banking services. One reason for this is that most of the unbanked lack much-needed know-your-customer (KYC) documents like state-issued I.D. cards.

Several DeFi platforms allow users to function without any of this. You can take out a Maker loan, for instance, without any identification or credit score.

2. Interest rates for investors

Beyond keeping your wealth like a savings account, DeFi also allows you to earn income. Platforms like Aave and Compound allow you to deposit assets and lend them out to borrowers. At an agreed-upon time, you get your interest and can plow your capital back into the system. 

Compound offers up to 4.3% interest on deposits from some tokens, while Aave is paying out as much as 5.73%. Compared to the 0.6% to 0.7% currently offered by traditional banks for savings accounts, it’s not difficult to see why some people are shifting their assets to DeFi. 

3. Control over your own finances

With DeFi platforms, you remain in control of your finances. While you have to deposit your funds into the platform, you decide what happens to them. Instead of trusting human intermediaries to qualify you for a loan or decide how to manage your investments, a smart contract does that.

No one can ban you from a DeFi protocol. The underlying smart contract is law, and it operates blindly. 

4. Heightened transparency

DeFi enables a greater level of openness and accessibility. Since most DeFi protocols are built on the blockchain — a public ledger — all activities are available to the public. Anyone can view transactions, but these accounts are not tied to anyone directly as is the case with traditional banks. Instead, accounts are pseudo-anonymous, listing only numerical addresses. Users with programming knowledge can also access most DeFi products’ source code to audit or build upon since they’re open source. Open-source codes are far more secure and of higher quality than proprietary software, thanks to community interaction.

DeFi drawbacks and security risks 

1. Security issues with smart contracts

Smart contracts form the backbone of any DeFi protocol. But they are susceptible to manipulation. 

By default, smart contracts are open-source. This design allows prospective users to review them before investing in the DeFi protocol. Most DeFi protocols give their smart contracts to security firms to audit. This is where the problem begins. It’s not unusual for humans to miss flaws in these contracts, which could be exploited in the future. 

Take The DAO, for example. The digital “Decentralized Autonomous Organization” was an investor-directed venture capital fund of sorts that launched in April 2016 and grew quickly to become the biggest crowdfunding platform, managing about $120 million. However, by June that same year, hackers found a vulnerability in the smart contract and stole about a third of its funds. They moved the funds into a “child DAO,” which had the same structure as the parent protocol. Users couldn’t access their funds for weeks, making this perhaps the largest hack in crowdfunding history.

There have been several refunds since then, allowing investors with residual DAO tokens to get some compensation. However, the incident sparked an awakening in the DeFi space. Now, developers who build protocols ensure that their smart contracts go through multiple audit rounds 

2. Data feed centralization

Blockchain protocols can’t access off-chain data. To remedy this, many of them use oracles — third-party services that provide access to external information. Oracles serve as bridges between blockchains and the outside world, relaying information to smart contracts for them to utilize. 

The major issue with oracles is creating a central point of trust into trustless and decentralized setups. This centrality provides a vulnerability for the entire smart contract. When an oracle broadcasts the wrong information, the consequences could be dire. 

Take the case of Synthetix — a DeFi asset issuance platform. On June 25, 2019, an oracle transmitted false price feed data to the platform’s smart contract. A user’s trading bot took advantage of this and inflated the user’s balance. This allowed the user to convert this balance to about 37 million Synthetic ETH (sETH) tokens (worth $70 million at the time). Synthetix confirmed that they reached out to the user, who agreed to reverse the transaction in exchange for an unspecified bug bounty. 

3. Bad actors

In September last year, the top crypto exchange KuCoin confirmed that it had suffered a hack that saw $150 million in bitcoin and ERC-20 tokens transferred from its hot wallets. Days after the event occurred, blockchain intelligence software Elliptic crunched the numbers and found that the exchange had actually lost about $281 million. 

The report added that the hackers had been laundering the funds through DeFi protocols Uniswap, Kyber Network and others. As Elliptic explained, many centralized exchanges had frozen the hackers’ accounts, preventing them from moving their funds. However, in DEXs, the hackers found the perfect conduits — platforms with no central authorities to freeze their funds.

TLDR: DeFi are financial services with no central authority. It involves taking traditional elements of the financial system and replacing the middleman with a smart contract. We can also describe it as the merger between traditional banking services with blockchain technology, in layman's terms.

Which investments would be most depression/inflation resistant in the coming years?

Let's say it's a worst case scenario kind of situation where the US market isn't fully able to correct itself post covid and inflation gets worse causing the price of everything to skyrocket. If I don't trust the stock market or bitcoin to go up what's the safest thing to do with your money? I don't want to just let it evaporate in a bank if that happens and I'm not really sure how to secure my family in the event of a depression and record inflation. Any advice would be much appreciated.

FortuneJack Casino 50 free spins no deposit & no wager bonus!

​

FortuneJack Casino Review

FortuneJack Casino is now offering a 50 free spins no deposit bonus! But, the real beauty of this promotion is that all winnings comes with no wagering! Yes, all what you win belongs to you and you can cash out your earnings any time. On top of that, there is a 6 BTC Welcome Bonus and 250 Free Spins! WOW!

>> Click Here For Free Bonus <<

FortuneJack Casino Review

FortuneJack Casino was first set up in 2014 and it is now a platform that supports casino games, live dealer games and sports betting.

It is under the ownership of the Nexus Group Enterprises Casinos. The founders of this offering have more than two decades of experience in the igaming space. Their goal was to put together an offering that brings all of their leanings together in addition to the most enjoyable aspects of the space under one roof.

There are many unique aspects to this offering, with FortuneJack Casino also offering binary options trading on top of its traditional gambling offerings. There is also a cryptocurrency price betting system in place called AnyBet. As well as these innovative aspects, there are also leading casino games from some of the best developers in the space today.

In terms of licensing, the FortuneJack Casino is under the oversight of the licensing authority in Curacao. FortuneJack Casino sees itself as the highest quality cryptocurrency gambling platform in the space today. Let’s see if they actually live up to this claim.

FortuneJack Casino Games

This cryptocurrency online casino has a nice blend of different casino games and slots. All of these casino games and slots can also be played for free, as well as staking money on the line.

For slots players, there are hundreds of different options to choose from. You will find a nice blend of types of slots through this offering, with everything from classic slots to jackpots, video slots and 3D slots being catered for.

Some of the game developers with titles on FortuneJack Casino include Microgaming, Playson, Yggdrasil, Quickspin, Betsoft, Play’n GO and Pragmatic Play. New titles are regularly being added all of the time.

In total, there are 32 jackpot slots to choose from. At the time of writing, the slot with the highest jackpot was that of Diamond Wild, with a jackpot sized at over 734 BTC or approximately $6.8 million.

In terms of table games, you will be spoilt for choice. There are 58 different variants of blackjack that you can play. These differ in many different ways, with high limit and multi-hand variants being on offer.

For roulette fans, there are 39 different variants to choose from. This allows you to filter through the different options, testing them out and determining which is the best for your specific needs.

Video poker enthusiasts have 80 different options to play, with leading titles such as Jacks or Better and Deuces Wild being on offer. Scratch card fans also have more than a dozen different options, with more specialist types of games such as Keno, Baccarat, Minesweeper and casino poker being well-catered for.

With this casino offering, you are truly spoilt for choice. You will be hard-pressed to find an online casino with a more wider-reaching selection of games than what you will find at the FortuneJack Casino.

>> Click Here For Free Bonus <<

FortuneJack Live Casino

Most cryptocurrency casinos do not have a live dealer casino offering. This is not the case with FortuneJack Casino as there is a comprehensive live dealer offering from some of the best providers in the space.

Evolution Gaming is a name that is synonymous with live dealer casinos and provides the main aspects of the FortuneJack Casino live dealer offering. There are also games from XPG and BetGamesTV also.

In total, you have 19 variants of live dealer roulette to choose from. Some of the more popular options are the turbo variant and auto roulette. There are four variants of live dealer baccarat, six versions of live dealer poker and surprisingly only three variants of blackjack.

There is also the option to try out the Wheel of Fortune game live game, as well as a few different specialist offerings such as Dice, Top Card and Lucky 7.

When you enter into the respective lobbies for the live dealer games, you will be able to see what sorts of betting limits are in place and how many players are at a given table.

FortuneJack Sportsbook

The FortuneJack Casino has only recently added a sportsbook to its online gambling platform. This really rounds off its coverage of the main forms of gambling online, all it needs now is an online poker offering. You have 24 different sports to bet on, with the markets ranging in size and quality depending on the popularity of the sport.

FortuneJack Casino provides the most markets normally for soccer, basketball and tennis. There are dozens of different markets for the more popular sporting events to choose from, with all of the popular options on offer.

The live betting section also has a nice selection of in-play markets. You can also see a graphical representation of what is happening in that given game or event, as well as seeing the key moments in that fixture. FortuneJack Casino’s most popular in-play sports are football and tennis.

For those bettors who want a break from betting on sports, there is a virtual sports offering, mainly for basketball and football that is part of the FortuneJack Casino offering. Finally, there is a very interesting sportsbook feature at the FortuneJack Casino called ‘Matchmaker’.

This allows you to match up pairs of teams that are playing in separate fixtures. This means that you can match together two teams from unrelated games and pit them against each other via a sports bet. This is a feature that is not really seen elsewhere and it certainly will be a way to attract new bettors to the FortuneJack Casino sportsbook.

Another exciting aspect of the FortuneJack Casino sportsbook is its Premier League competition that is called “Majestic 7”. This competition is free for FortuneJack Casino users to enter and the aim of the game is to select a goalscorer for seven Premier League games that are taking place each week. If you successfully choose a player from either of the squads taking part in a match and they score, then you will gain a point.

First prize is given to anyone who successfully gets all seven selections correct in a given week and you will get given 1 BTC worth of free bets. There are also smaller prizes if you correctly predict a few of the goal scorers correctly.

>> Click Here For Free Bonus <<

FortuneJack Welcome Bonuses

Just like the majority of online gambling sites, there is a welcome offer for those new players signing up for an account with FortuneJack Casino.

This will vary depending on what type of account you open. With the online casino, there is a no deposit bonus of 25 free spins after you have registered for a new account.

There is no need to deposit in order to get these spins. The winnings from these slots have to be wagered at least 40 times and there is a cap on potential winnings of 50 mBTC.

There is also a first deposit bonus in place that you can take advantage of. This allows you to get a 110% bonus on your first deposit, up to a max bonus of 1.5 BTC or the equivalent in one of the supported altcoins.

You will also get 250 free spins as part of this offer. To avail of this offer, you will need to deposit at least 0.002 BTC. You have 14 days to meet the x40 wagering requirements before the bonus funds expire.

The max bet you can place with the bonus funds and still adhere to contribution requirements is 0.0014 BTC. For the free spins, you will need to have deposited at least 0.05 BTC to activate this part of the offer. You will receive 25 free spins daily after you have placed at least 100% of your deposit in slots wagers.

Overall, the size of the first deposit bonus is ideal and people always enjoy getting no deposit bonus offers. The wagering requirements are pretty standard for the online casino space and you can deposit large sums and still avail of the offer, which is ideal.

If you are signing up for a sports betting account on FortuneJack Casino, there is a different type of welcome bonus. This will see you get x2 your first sports bet as a free bet up to a max free bet of 10 mBTC.

You will be able to keep the winnings from this free bet, but not the stake. Do note that you can only avail of one of these welcome bonuses, whether it is the online casino or sportsbook welcome bonus.

Regular Promotions and Loyalty Program

To keep regular FortuneJack Casino users happy, there are regular promotions always running to reward these people for their loyalty to the platform. After availing of the online casino deposit bonus, you can avail of deposit bonuses for your subsequent deposits also.

Certain days of the week will have their own specific deals and offers. For example, on Wednesdays, there is a house edge of just 0.7% for Dice games.

There are also monthly cashback offers and daily drops for those playing casino games. For the FortuneJack Casino sportsbook, there is parlay insurance and money-back offers that will update on a regular basis.

For those players who use the FortuneJack Casino a lot, they can benefit nicely from the site’s loyalty program. There are six different tiers to this program.

These range from Bronze level up to the VIP level. The perks will increase with the higher the tier that you reach. This is namely an increasing cashback bonus, reaching a rate of 20% for the VIP tier. There is also an increasing reload bonus and milestone bonus as you move up the tiers.

There are even three weekly rewards for the players that have been the unluckiest during the week, as well as rewards for the most active players in the chat during the week.

As soon as you have verified your FortuneJack Casino account, you will then be enrolled in the site’s loyalty program. You will be earning reward points for every bet that you place on the platform.

You will move up the tiers by earning a certain amount of loyalty points inside of a given period. This FortuneJack Casino loyalty program is pretty good and offers significant incentives for those players that use the platform frequently.

>> Click Here For Free Bonus <<

FortuneJack Payment Methods

As FortuneJack Casino is a crypto casino, all of the payment methods naturally are different forms of cryptocurrencies.

Some online casinos will have a blend between fiat and cryptocurrency payment options, but FortuneJack Casino dives into the deep end. You can use the following option to add funds to your account or to make withdrawals:

• Bitcoin
• Litecoin
• Dogecoin
• Ethereum
• Zcash
• Tron
• Dash
• Bitcoin Cash
• Monero

The processing times will depend on the given payment option you select, but for the most part, all transactions will process in less than an hour.

There is a minimum withdrawal requirement in place of 0.002 BTC, but there is no limit on the max withdrawal you can make. Obviously the instant withdrawals are a massive advantage, with a lot of competitors taking sometimes a number of business days for withdrawals to process.

Once you have some knowledge about how to send and receive cryptocurrencies, you will be right at home with the FortuneJack Casino payment methods.

FortuneJack Security

The FortuneJack Casino holds a license with the gambling authority in Curacao, This body ensures that the game on offer through the FortuneJack Casino is fair and fully transparent.

As cryptocurrencies such as Bitcoin are used for the entirety of transactions, there is no need for you to provide any form of financial or personal information when you have signed up for an account.

Despite this natural data shield, the platform is also protected through SSL encryption technology. This means that any account info that exists will be properly encrypted.

In terms of the fairness and randomness of games, in addition to the regulatory oversight, the FortuneJack Casino platform utilizes the standard of provably fair that is popular in the crypto gambling space to ensure that everything is above board in terms of the game offering.

>> Click Here For Free Bonus <<

FortuneJack Customer Support

With the FortuneJack Casino, you have the option to initially check out the FAQ section if you are experiencing a certain issue or problem. This will solve a lot of the more straightforward queries that you may have.

Otherwise, you can get in touch with a member of the FortuneJack Casino customer support team.

The live chat function is monitored on a 24/7 basis, which is ideal for more straightforward questions that can be quickly resolved. There is no phone support option, which will be a negative for some players.

For more detailed issues, it is best if you send the team an email. You can do so through the FortuneJack Casino ‘Contact Us’ section as there is an email form there. Otherwise, you can directly send an email to [support@fortunejack.com](mailto:support@fortunejack.com).

FortuneJack Mobile Casino

There is a mobile offering for users of the FortuneJack Casino platform. The mobile offering is just a slimmed-down version of the desktop site, being easy to navigate and all of the games performing in a sleek and smooth manner. It is an extremely responsive mobile platform and signing up only takes a matter of seconds.

One of the downsides of the mobile offering is that players are not able to participate in the progressive jackpots. However, there is otherwise a decent selection of different slots titles in addition to table games. The sportsbook has also launched on the mobile offering.

You will not be able to download a dedicated FortuneJack Casino app for Android or iOS devices as of yet, but this could change in the future. Therefore, you must access the FortuneJack Casino through your mobile device’s web browser. All of the popular browsers are catered for. For optimal mobile play, a tablet device is recommended.

FortuneJack Usability (UX)

The FortuneJack Casino is one of the best-looking gambling platforms that you will come across. The graphics are crisp, clear and original. The color scheme allows the text to really pop out from the page. You also are not inundated with too much info, which is ideal.

In terms of the navigation system, everything is clearly displayed on the menu and you are not faced with excessive amounts of different options. The speed of the platform is also of a high-quality. One of the features that may disappoint some is that the FortuneJack Casino can only be used in two different languages, English and Japanese.

In terms of the sportsbook, casino and live casino. Once again the layout is very clear and concise. There are suitable graphics beside each of the menu items to allow you to quickly see what sports are on offer. You can use the search bar also to quickly find what you are looking for.

For the FortuneJack Casino, it has one of the best filtering systems that you will see. You can switch between all of the various types of slots titles, as well as the other games on offer. There is also the option to filter through the games by their developers, as well as the features in these games, such as high limits, jackpots and free spins.

The same level of quality goes for if you are playing on a mobile device at FortuneJack Casino. The games have been slimmed down for the smaller screen but the graphics are still crisp and smooth. The instant-play features are ideal for those who are looking to quickly get started playing their favorite casino games with minimal effort.

The live casino will see your live dealer games being streamed in HD quality, making you feel like you are sitting at the table in the flesh. Overall, the usability of the FortuneJack Casino offering is almost second to none.

>> Click Here For Free Bonus <<

Our Conclusion about FortuneJack Casino

As you have seen, there are many top-quality aspects of the FortuneJack Casino offering.

The online casino, live casino and sports betting offerings are all top-notch. The selection of different markets and games is staggering, with the best developers on offer. You also have access to significant welcome bonus offers and ongoing promotions, particularly when making deposits.

The security of the platform is very good as you do not have to provide personal info upon signing up and all transactions are conducted using one of the various supported cryptocurrencies.

The platform is extremely well designed and performs very well across the board. The customer support team is well trained also, so any and all queries can be quickly resolved.

Overall, this crypto casino is a great fit for all types of online gamblers, with the only real exception being online poker players.

The size of the deposit bonuses alone and the massive selection of games make FortuneJack Casino well worth your time and money.

My daughter turned 12 yesterday. My gift was a crypto wallet.

My daughter and bitcoin were born in 2009. Just that by the time I was an ignorant 18 years old kid. And never spent even a dollar just to try and know what was that.

But my daughter changed my life. I know people often say that. But I feel it different. As soon as I became conscious of the fact that I was gonna be responsible for raising another human being, I also became conscious of the -reggaeton dancer, 0 books reader, ignorant father" that she was going to have. So I started my actual personal growth path. I started reading about psychology, my actual passion, I also started opening my mind.

As you could expect. Two (she) 20 and (myself) 18 Y/O people can't sustain a responsibility like that and their own relationship and self discovery at the same time. So after some years of failed attempts to make everything work (and me trying to forgive her cheating on me with a guy that was my friend since I was 4), we finally got "divorced" (never legally married).

Due to my country's laws (kinda the same in all the world), me, as a father count 0 and the custody goes directly to the mother (even tho my daughter has always shown a bigger interest in staying with me) and losing my job after some years was enough reason to stop me from seeing my daughter (no money, no father's rights) until I could find a job again.

That event changed the way I saw at things and realized that other that staying in my 3rd world country, working 10 hours for maximum $600 monthly just to be able to see my daughter wasn't enough and represented no security for her nor for me in the future.

So I took the hardest decision in my life (I still struggle at times to know if I took the correct one), if money was gonna be the reason for me not seeing my daughter. I was gonna migrate to a better place, make money and eventually provide my daughter with the possibility to also live in a better environment.

What make things really hard is knowing how my daughter suffers in there, she is asked to do the whole cleansing of their house. Now she takes care of her new sister the whole day; she is never permited to go outside and play a bit, nor call her grandma (my mother), nor see my family, nor nothing.

Last time she told me she is depressed and sometimes hurt herself.

Anyway just making story shorter. I decided to give her the tools to take full control of her life once she hits the age.

I bought some BTC, ADA, MATIC, BNB and ETH. All project I think are firm and have a nice future. Made a descentralized email for her, saved all of the passwords and seeds on paper, created a binamce account without KYC and started staking what I could over here.

Yesterday, when her mother went out, my daughter called me, I had the opportunity to congratulate her for her birthday. Explained her her gift and told her I will continue to put money in there until she reaches 18.

I will also give her a financial education whenever possible and then, let her regain the liberty that has been taken away from her.

The only person who knows the seed other than me, is my wife who in case I die, know my only desire is for my daughter to have a safe future, and will do all she can to do it if I'm not here anymore.

That's it. My daughter was so happy with her gift. I know her, and I knew she was gonna be so happy and excited, she loves everything new to her...

And after all, I had to repay her pushing me to be the person I am today.

Cryptocurrencies are our future's future.

What is actually causing this big dip? Is this market correction or something else?

Why would almost all crypto follow a similar path? When Bitcoin goes down everything (almost) goes down.

I get how some movement can occur based on events such as margin calls expiring or some government decided to ban / accept crypto. However, this dip is bigger than what we’ve seen for a while, where is this coming from?

Not looking for anyone to tell me to HODL or buy more, I’m just trying to understand.

Thanks in advance for any insight.

New Burry Tweet, Confirms He’s Been Posting Riddles

So Michael Burry just posted this on Twitter about an hour ago:

Burry Archive 6/20/21

Basically he’s calling a head and shoulders on Bitcoin, nothing surprising since he’s been calling for a crash there for a while. I don’t know enough to say whether I agree or not, but I do know a stock market crash or major liquidity event would be devastating to BTC as well. BTC is more correlated with the broader market than crypto folks would like to admit, I feel.

The main part of this tweet that caught my eye, and why I am writing this post is the first line. Burry writes: “Easiest riddle you’ll ever get from me. What do Troy Polamalu and #Bitcoin have in common?”

“Easiest riddle you’ll ever get from me.”

I think most of this sub is aware that he’s been leaving coded messages in his tweets, judging by the excellent KushCo DD I saw the other day. However, I think this is explicit confirmation that he’s actually doing it and we’re not just reading too much into his tweets. I take this to mean that he wanted us to derive KSHB from “Knowing Saves Half the Battle.”

Forgive me if this has already been covered, but I’ve been following him on twitter since December or January and never saw him give explicit confirmation that his posts have other meanings before.

I have a lot more reading to do, but now that I know it’s not pure conjecture, I do think I might take the good doctor’s advice and open a small position in KSHB on a dip. Who knows, we may even see Greenlane shares in his next 13F 🤷‍♂️

Please explain to me how come a "death cross" is even considered a FUD at this point?

I mean with everything going on, a pattern is what matters and what people fear? REALLY? Come on, please ELI5 why a pattern and different times make people fear when adoption keeps growing and whales keep accumulating on-chain.

My biggest issue with the Death cross narrative is the bitcoin funding rate at leading exchanges when bitcoin drops below 33k since May 19, funding rates for futures become negative. This means that a whale bot may arbitrage with x125 leverage with 1/125 of what the bot holds in the spot(For "small sums" on each deal). Basically buying at a discount passing -2% before 30k on top exchanges.

This is why the 30k line wasn't broken on may 19, let alone that it barely held 5 minutes before jumping to 33k and short squeezed up to 35k within a few more minutes.

Anyway, back to the point, please ELI5 to me how this so-called "Death cross" matters at this point. And no, I don't care about inductive conclusions based on a number of events I can count with one palm.

Thank you.

Claims like "Speculative bubbles" are an excuse and a cover-up for the real underlying event fueling extreme changes in the market. (x-post from /r/Bitcoin)

https://www.reddit.com/r/Bitcoin/comments/o41k02/claims_like_speculative_bubbles_are_an_excuse_and/

СКРЕПОПАНОРАМА: ЛАСТЫ БАЙДЕНА

Уморительно смешно, но при этом грустно. Скрепный юмор – от такой: беспощадный к врагам пещерного рейха.

https://vimeo.com/564225164 (Vimeo)

https://youtu.be/5LkSlKO7aYM (Sasha Sotnik)

https://youtu.be/BQjF2Yzwe-M (Sotnik-TV Live)

Американец Джо Байден, подло захвативший власть в Белом доме в результате выборов, встретился в загнивающей Женеве с вождем прогрессивного человечества товарищем Путиным. А уже на следующий день Божья канцелярия услышала молитвы аннексированных крымчан и дала воду в Керчь.

Эти и другие духоподъёмные новости смотрите в патриотическом альманахе «Скрепопанорама» на канале Sotnik-TV.

Автор и советский диктор – Александр Сотник

Монтаж – Андрей Васильев

Подписывайтесь на резервные каналы:

https://www.youtube.com/channel/UCChdLsV2IM6WsYDWiivCJdw (Sotnik-TV Live)

https://www.youtube.com/channel/UCBdQCsgI8dTjIFVgVvU4Y7g (Sotnik-TV Free)

Патреон: https://www.patreon.com/sotnikTV

Поддержать Sotnik-TV:

SK1375000000004028030154 (SOTNIK TV, Словакия)

Карта: 5475153400734788 (Aleksandr Sotnik) перевод можно сделать даже из Сбербанка через мобильное приложение (в нижнем меню «Платежи» → «За рубеж» → «По номеру карты»)

PayPal – [sotniktvinfo@gmail.com](mailto:sotniktvinfo@gmail.com)

Bitcoin - 3PdyHqZ7hiywP7u8FBDX2NyyLmmdRVp5dn

Eth - 0x42c5046b70ac4401df3361440510ed896c8f6d24