Thursday, April 21, 2022

this, is the bedt f2p/f2e mobile game

Did i mention its free?

Join me on Coin Hunt, it's awesome! https://coinhunt.gsc.im/f82TOlVS50

So this is the opposite of upland... you gotta walk around but its pretty simple , collect keys from walking, use the keys to open vaults answer trivia and earn the bitcoin or ethereum inside.

Keys and vaults are color coordinated and locked to a fixed value of USD , so you can "hunt the dip" Blue k/V : $0.10 resets at 12 and 00 utc , 8 pm/am eastern 5am/pm pacific Green k/V: $1.00 resets morning 5/8 am or 12 utc Yellow : $10.00 resets monday 5 / 8 am Red : $100 only shows up when there is an event or a developer goes on a road trip (they live in the north west area of the US) (Happens pretty often as theyre promoting the game) PURPLE : $1000 most events

There will be a purple vault at the hawaii event starting in 2 weeks if you live there play this game! They just released the philipenes release for coinhunt , havent heard what special vaults are there tho... If you live there and the link doesnt work dm me for an open beta form i make about 5$ per day walking around maybe more today made about 8 or 10, i spend 2 to 3 hours tops


Bank of Canada paper: Bitcoin Awareness, Ownership, and Use 2016-2020

Bank of Canada staff discussion papers are completed staff research studies on a wide variety of subjects relevant to central bank policy, produced independently from the Bank’s Governing Council. This research may support or challenge prevailing policy orthodoxy. Therefore, the views expressed in this paper are solely those of the authors and may differ from official Bank of Canada views. No responsibility for them should be attributed to the Bank.

Abstract
Since 2016, the Bank of Canada has conducted annual surveys to monitor awareness, adoption and usage of Bitcoin and other cryptocurrencies (Henry et al. 2018, 2019a, 2019b). This report incorporates results from the 2019 Bitcoin Omnibus Survey and the November 2020 Cash Alternative Survey. We find that between 2018 and 2020, the level of Bitcoin awareness and ownership among Canadians remained stable: nearly 90% of the population were aware of Bitcoin, while only 5% owned it. We find that about half of Bitcoin owners stated they usually obtained their bitcoins through mobile or web exchanges, while one-fifth used mining. Bitcoin owners were susceptible to certain risks, as evidenced by the fact that about half of current and past owners stated they had been affected by events such as price crashes, losing access to funds, scams or data breaches. The most commonly cited reasons for owning Bitcoin were related to its use for investment or based on interest in the technology. Bitcoin owners displayed greater knowledge about the Bitcoin network than non-owners, yet they scored lower on questions testing financial literacy.

Canadians' awareness of Bitcoin
We measure the level of Bitcoin awareness among Canadians4 using the survey question, “Have you heard about Bitcoin?” Awareness has increased since 2016. In that year, 62% of Canadians said they heard about Bitcoin. This was followed by a jump to 83% in 2017 and 89% in 2018 (Table 1). In 2019 and 2020, the levels of awareness remained virtually unchanged, at 87% and 88%, respectively. Overall, the level of awareness increased across all demographics over the 2016–20 period. At the same time, we observe persistent patterns in demographics. Specifically, we see the highest levels of awareness (above 90%) among Canadians who were male, had a university degree, were not employed (unemployed or not in labour force), were financially literate and had relatively high household income ($70,000 and above). From a geographic perspective, residents of Quebec were least likely to have heard of Bitcoin.

Canadians’ ownership of Bitcoin
Table 3 presents Bitcoin ownership in Canada between 2016 and 2020, overall and across demographic groups. The average share of Canadians who own Bitcoin increased from 3% in 2016 to around 5% since 2018. Ownership remained stable between 2018 and November 2020, despite the impacts of the COVID-19 pandemic. Differences in Bitcoin ownership across demographic groups tell a compelling story. Overall, we observe that most demographics followed the same patterns across years. In particular, Canadians who were young, male, employed, and had a university degree, high household
income and relatively low financial literacy were more likely to own Bitcoin.

The gender gap in Bitcoin ownership was highest in 2018 and 2019. In every year except for 2018, about 2% of women reported owning Bitcoin, while among men, ownership nearly doubled from 4.4% in 2016 to 8.3% in 2020.5 Another pattern that stands out concerns financial literacy. Individuals who scored lower on the three financial literacy questions showed higher rates of ownership (above 7% for low literacy compared with 4% to 5% for high literacy).

These results reveal interesting facts, specifically that Canadians who are financially literate are more likely to be aware of Bitcoin but less likely to own it. Fujiki (2020) provides a more detailed look at financial literacy: in contrast to our findings, Japanese cryptocurrency owners score higher on financial literacy questions and have more financial education at school compared with non-owners. But they are less financially literate with respect to other indicators related to money management, financial troubles and credit card use.

Table 4 presents the results of the marginal effects of demographic characteristics and financial literacy on Canadian’s Bitcoin ownership for the years 2018–20 and for the pooled data, using a logistic regression. For a better visualization, Chart 4 shows the graphical representation of these results.

Overall, marginal effects are consistent with descriptive findings already discussed. We find that the probability of Bitcoin ownership decreases with being female, older and unemployed, but increases with education. Furthermore, Bitcoin ownership is higher among those with low financial literacy, as coefficient estimates for medium and high financial literacy are statistically significant relative to the benchmark (low financial literacy score).

Crypto alternatives to Bitcoin
In addition to owning Bitcoin, some Canadians own “altcoins” (a colloquial name for other cryptocurrencies). Table 9 presents ownership of altcoins by Canadians in 2018 and 2019. According to the 2018 and 2019 BTCOS, altcoin ownership was very low in Canada, at about 3% for Ethereum and BTC Cash, 2% for Litecoin and below 1% for other cryptocurrencies. The growth rate is also very small—only Ethereum registered an increase, from 1.9% in 2018 to 3.4% in 2019. In addition, about half of altcoin owners were also Bitcoin owners.

Stablecoins are a type of cryptocurrency whose price is pegged to another currency or commodity, with the goal of providing price stability. We find that awareness of stablecoins is still very uncommon. For instance, only 5% of Canadians who had heard of Bitcoin had also heard of stablecoins. Table 9 suggests that ownership of stablecoins is even lower: just a fraction of a percent stated they owned the stablecoins Tether, USD Coin and Dai.

Conclusions
Using survey data, we study the awareness and ownership of Bitcoin in Canada between 2016 and 2020. We find that since 2018, Canadians’ awareness and ownership of Bitcoin have been stable: nearly 90% of Canadians stated they had heard of Bitcoin and around 5% owned it. While the demographic composition of ownership has shifted over time, Bitcoin owners are consistently more likely to be young, male, and have higher education. Ownership of other cryptocurrencies remained low, with ownership of stablecoins particularly rare. Even among those who had heard of Bitcoin, only 5% had also heard of stablecoins. The main reason for owning Bitcoin in 2019, as reported by Canadians, remained investment, followed closely by reasons related to technology. The share of Canadians in 2019 who owned Bitcoin because of payments fell, and Canadians were less likely than in 2018 to say they had used Bitcoin in the past year for purchases or person-to-person transfers. In contrast, non-owners stated that their main reasons for not owning Bitcoin included a lack of knowledge about the technology, a lack of trust in private digital currencies and the fact that their existing methods of payment meet their current needs.

Cryptocurrency users can be susceptible to financial and security risks. About 18% of past and current Bitcoin owners stated they had lost money as a result of a price crash. Furthermore, 14% of Canadians stated they had lost access to their personal wallets and 12% had participated in an initial coin offering that ended up being a scam. The interaction between financial literacy and participation in the market for cryptoassets is an important area to explore. While Bitcoin owners are more knowledgeable than non-owners about Bitcoin technology, they also perform worse on tests of financial literacy, despite having higher education levels.

The full report with charts can be found at this PDF link: https://www.bankofcanada.ca/wp-content/uploads/2022/04/sdp2022-10.pdf


Based Bitcoiners with Camila Campton - State of Bitcoin podcast

In this episode Brandon and Camila Campton (@camilacampton on Twitter) and we get into her Bitcoin story, her experience at Swan, educating Bitcoiners through Twitter Spaces and podcasting, and some Bitcoin current events. We take a dive into based Jack Dorsey on the loose on Twitter, Bitcoin shoes and the Bitcoin conference shaping Bitcoin "marketing", 28% of millennials banking on Bitcoin for retirement, Russia purposing Bitcoin for use in foreign trade, US trying to put sanctions on Bitcoin miners, and the Australian spot Bitcoin ETF

Podcast


How Blockchain Technology Will Revolutionize Transactions

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You may make several monetary transactions every day. But have you ever stopped to consider the cost of each transaction?

Imagine paying with a credit card. For this transaction, there is a processing fee attached to each payment. Similarly, when you go to a bank to take out a loan, or the Stock Exchange to invest in some shares, the institutions take a small cut as the fee and further charges as interest.

This fee might go to a sensible cause such as paying the wages of the employees, funding various credit card benefits, and so on. However, they still represent an unnecessary cost. The loss per transaction might be negligible, but over a month or even a year, they will build up.

A lot of the bureaucratic apparatus behind traditional banking is no longer necessary in the age of the internet. Blockchain technology, even in its currently burgeoning state, has proven that.

This post will explain everything about how distributed ledger technologies (blockchains) will revolutionize transactions.

What Are You Losing on Traditional Transactions?

Each credit card payment represents a twofold cost: a fixed fee of typically $0.25, and then a capped percentage fee. The percentage ranges from approximately 1.4% to 2.6%, depending on whether it is a VISA, MasterCard, or Discover card.

American Express cards charge a slightly higher fee, ranging from 2.5% to 3.5%.

How much does this represent for each transaction? If you pay $10 for lunch – a sandwich, sides and a drink – with your credit card, the transaction fees will total to about $0.40-0.50. That’s enough to get an extra topping on the sandwich, or a bigger drink!

While these fees can add up quickly, this doesn't even account for the interest charged on credit cards balances with rates as high as 30% per year.

This can easily add up to thousands of dollars. A solution to such exorbitant fees is to eliminate the middleman using decentralized protocols built on the blockchain.

The Basics of Blockchain

For those who are newcomers to this technology, blockchains are basically decentralized databases. The data is not held in one server or computer but rather spread across numerous devices.

The data is immutable. In layman’s terms, it cannot be altered after it has been entered into the blockchain. If it is changed on one computer, the others on the network will notice that something is wrong and reject it.

The blockchain also records any data entered into it in chronological order. These properties make it the perfect system to build a trustless ledger of transactions that does not rely on a central authority or third party.

How Blockchain Technology Reduces Transaction Costs

While blockchains can reduce transaction costs, it does not do away with them entirely. Fundamentally, users pay the blockchain to add their transactions into it. Transactions are processed in bundles called “blocks” one after another, hence why this kind of database is called a blockchain.

However, unlike credit card fees, transaction costs on the blockchain behave differently.

  1.     The cost of a transaction varies depending on how urgent it is, the sooner you want your transaction processed, the more you have to pay to be included in the next block.

  2.     The actual amount of a transaction is typically unrelated to how much it costs. Transferring $1 or $1 Billion costs nearly the same.

  3.     Blockchain transactions have atomicity, payment for an asset and the transfer of the asset to the buyer can happen in a single transaction. This essentially eliminates settlement risk, various types of insurance and escrow headaches associated with traditional payment systems. Even buying stocks in this day and age still takes days to “settle” into your account.

Explaining Atomicity

‘Atom’ means indivisible. An atomic transaction does not have any intermediate steps it can be broken down to. This concept is best highlighted by example.

With regular transactions, you make a payment to a shop using your credit card. The payment first goes to a credit card payment processor such as National Processing, Square or Helcim. From the processor, it goes to the network, which would be VISA, MasterCard, American Express or Discover.

From the network, the funds are transferred into the receiver’s account. While this multi-stage process is typically completed in a few seconds, there are still multiple points of failure and points where fees may be levied.

By contrast, a crypto transaction using blockchain uses a one-step process: the funds are transferred. The records of this event are stored in the Blockchain.

Atomicity is even more important in cases where a physical good is being transferred. Imagine you stumble across an amazing painting drawn by an artist in India. You decide to purchase it – it would look great on your entryway wall.

Now, there is always the risk that the artist may not send you the painting after you send them the money. Or that the painting will be damaged during the shipping process. Or that the artist does not have access to the same payment methods you do. They might bank locally and cannot receive funds internationally.

To solve these problems using traditional transactions, there are a lot of steps. The payment could be broken up into advances or installments. Insurance could be taken out on the painting. Basically, it requires some trust on both sides, which comes at a cost.

With a Blockchain payment, a lot of the effort can be minimized. A smart contract could be set up where the payment is automatically made once the product has been received. Alternatively, the artist could sell an NFT and transfer ownership digitally. This transaction would be recorded on the blockchain atomically, and the artist will always receive payment at the same time the buyer receives their NFT.

Final Words

Blockchain and cryptocurrency payments are not available everywhere. El Salvador has made Bitcoin an official currency, opening the floodgates to using blockchain technologies as the settlement layer for a potentially wide swathes of transactions. Once they become widespread enough, we are bound to see a revolution in how transactions are managed and processed, and hopefully a steep drop-off in all kinds of fees!

Low-risk investment platforms like PennyWorks offer an alternative to the hours of research, management, and margin slippage that comes with understanding how to use blockchain to your advantage.

This post originally appeared on https://www.pennyworks.com/article/.


Changing the hard cap makes absolutely no difference

This is a golden oldie, an often repeated argument against bitcoin; that the hard cap of 21M bitcoin can be increased in the future with a hard fork. Firstly, what adherents of this mainstream talking point forget is the unreasonable difficulty of achieving this at the protocol level, and, if achieving this impossible thing would last for any meaningful amount of time. But most importantly, they've forgotten their Econ 101, because they were too busy day-dreaming of the power lifetime politicians enjoy, and romanced themselves behind a pulpit discussing issues with the confidence Dunning-Kruger talks about. Pardon this brief screed please:

The prestige of politicians globally peaked in 2016. Trump's ignorance, the Democrat's politically motivated alarmism, debt, covid theatre, inflation, and now the Ukraine War have exposed this cabal of fools for what they are, and given everyone explicit examples of what happens when governments have too much power.

Sorry about that, but anyway, if bitcoin is successful, becoming the global reserve asset, where everyone uses the same money, and thereby everyone's incentives are aligned, then the hard cap becomes so irrelevant nobody will bother changing it. The reason is because in a bitcoin circular economy, where bitcoin has displaced fiat, goods and services are all priced in bitcoin. That means any change in the money will simply cause a repricing of everything outside the money, which will adjust to the new block reward and hard cap ratio. Interest rates for borrowing and lending will adjust. Its value absorption will continue matching more or less global GDP, and new goods and services can be added to the economy. Most tend to see bitcoin through an inflationary lens where fiat is still the dominant currency, where bitcoin has a peg, central banks set interest rates, and everybody uses a different Schelling Point. Bitcoin is a deflationary store of value, a unit-of-account, a payment network, and central bank collapsed into one singularity. Hashpower is its event horizon. It is the Schelling Point. Bitcoin will hard fork humanity thank you, not the other way around.


When Will The Global De-dollarization Most Likely Occur? We Predict the U.S. Economy Will Collapse by December 26, 2022 A.D.

When will the global de-dollarization most likely occur (the collapse of the U.S. dollar)? We predict that by December 26, 2022, the U.S. economy will most likely collapse after the U.S. Dollar being replaced by the de-facto Chinese Yuan that will become the global reserve currency accepted by 5 billion people on the Eurasian continent and eventually around the world, including Western Europe and the U.S.

China has signed a 500-page Economic Alliance Agreement with Russia and India that has outlined unprecedented economic cooperation between the 3 countries that will produce a combined GDP that is comparable to the GDP of 3 U.S. economies during its best years.

The American funding (sponsorship) of the now-failed neo-Nazi criminal Kolomoisky-Zelensky "government" in Ukraine will become a bad joke for all geo-political consultants or "Beltway Bandits" located around Washington, DC who were paid a consulting fee of $20 to $250M (USD) to arrange and secure every single global military conflict ever conducted since the U.S. false-flag military operation in the Gulf of Tonkin in 1964 (Vietnam War) that resulted in $2 Trillion (USD) in profits for the U.S. military complex and the U.S. economy in general.

The 1964 fake war in Vietnam was very good for the U.S economy, but it was devastating for the rest of the parties involved in all aspects.

The 2022 military action in Ukraine has become the next "Vietnam" proxy war between the U.S. and Russia after the U.S. has installed a puppet criminal government in Ukraine following a coup in 2004 and 2014 during the CIA-sponsored "Orange Revolution" events.

Funding and installing a mediocre stand-up comedian who used to perform at bars in Kiev, Ukraine as president of Ukraine is the first and last in its class of successful CIA operations.

It was a success, but it will never be allowed to happen again because both China and Russia are shutting down all of its digital, financial and physical markets and borders for any future Western and/or CIA-sponsored puppetry (like the criminal Kolomoisky-Zelensky tandem) and coup d'etats (i.e. violent overthrows of existing governments by a small group of armed men who are trained to kill the existing government officials).

All future global oil and gas transactions (starting May 1, 2022) will be serviced in Russian Rubles and Chinese Yuans.

If you own any assets denominated in U.S. dollars -- sell them and buy land, farms, apartment buildings, gold, silver and Bitcoin while you can.

Bitcoin is controlled by its creators and will be brought down to zero in 2027. Watch it carefully in July 2027 to be prepared to liquidate all Bitcoin assets before its total collapse later that year.

The creators of Bitcoin are incredible smart and forward-thinking sober bunch who could be compared to the likes of Alexander the Great and Vladimir Lenin (who changed human history).

The next (upcoming) financial crisis of December 2022 will be 10 times worse than the financial crisis of 2007--2008.

Those who will be prepared -- will weather the storm with moderate losses.

The rest of the global "middle class" population who obediently follows CNN and Dave Ramsey (like sheep) will be completely wiped out and turned into financial slaves ready to do manual labor for "bread crumbs" falling off the masters' tables.

The global ruling class (the masters of the New World Order) who pay consulting fees to the Beltway Bandits on a monthly basis to find new ways to wage new types of biological, cyber, and information wars around the world have very specific geo-political and economic goals with 50-year-old projections that will benefit multiple players directly or indirectly involved in any given "Color Revolution" or 9/11-type event or a new style of mask-wearing mandate.

This is what the W.E.F. calls the New World Order where "you will own nothing and be happy" where "you" meaning 99.999999999% of the impoverished global population starting on January 1, 2023.

Klaus Schwab has been working on this very agenda since 1970. Those OCD Germans!!! For most Americans, most Germans have severe OCD that is beyond repair.

But Klaus Schwab demonstrates text-book OCD to the N's degree having implemented his W.E.F. global agenda to a T in the year 2020.

Mark your calendars for January 1, 2023!

The New World Order is coming!

It has already begun...


IKONIC will allow fans to own and share the finest moments in esports history and will give fast-growing multimillion-dollar esports events and businesses a new way to connect with their audience.

IKONIC will allow fans to own and share the finest moments in esports history and will give fast-growing multimillion-dollar esports events and businesses a new way to connect with their audience.

Video clips of the most insane and spectacular gaming feats will be easily mintable into NFTs with just a couple of clicks. And with a click or two more, they will be listed and ready to trade on IKONIC’s marketplace.

Creators can design these NFTs to pay lifetime royalties or even generate entirely new streams of revenue through the sale of sublicensing rights.

And all this is but the very beginning!

#IKONIC #CRYPTO #BSC #BINANCE #BITCOIN
https://www.ikonic.gg/

https://preview.redd.it/tvponknybuu81.png?width=1400&format=png&auto=webp&s=0682f1c3dbd94c6aadcf8c4f535f9545da580674


IKONIC will allow fans to own and share the finest moments in esports history and will give fast-growing multimillion-dollar esports events and businesses a new way to connect with their audience

IKONIC will allow fans to own and share the finest moments in esports history and will give fast-growing multimillion-dollar esports events and businesses a new way to connect with their audience.

Video clips of the most insane and spectacular gaming feats will be easily mintable into NFTs with just a couple of clicks. And with a click or two more, they will be listed and ready to trade on IKONIC’s marketplace.

#IKONIC #CRYPTO #BSC #BINANCE #BITCOIN

https://t.me/ikonic_moment

https://www.ikonic.gg/