Saturday, January 7, 2023

Short story by Chat GPT with a few prompts from me and edited it a little.

The Golden Hard Drive

It was the year 2009 and Jack had just stumbled upon the world of cryptocurrency. He had always been a tech-savvy individual and was fascinated by the concept of a decentralized digital currency. So, when he saw that the price of Bitcoin was only £1 per coin, he knew he had to take a chance as he mined a few at the very start when it was worthless.

He spent all of his savings on purchasing 10,000 Bitcoins and stored them on a wallet on a hard drive that he kept hidden in a safe location. Jack was confident that his investment would pay off in the long run and couldn't wait to see how much his coins would be worth in the future.

However, fate had other plans. A few months later, Jack was involved in a serious car accident were his car fell off a cliff and exploded that left him in a coma with brain damage. He was in a hospital with no idea of what was happening in the outside world.

But as the months turned into years, Jack's memories began to fade. He was in a coma for over fifteen years, When he finally awoke, he was confused and disoriented. He had no memory of the last 15 years and was overwhelmed by the changes that had taken place in his life. He couldn't move and he even struggled to remember his own name.. Jack.

As Jack lay in a hospital bed, his thoughts were consumed by rebuilding the memories of his life before the accident. He remembered the excitement he felt when he first discovered Bitcoin and the hope he had for the future. He also remembered the love he had for his wife and the life they had built together.

After three months of rehabilitation, Jack was finally able to return home. But when he arrived, he was met with a cold reception from his wife. She had moved on with another man named Steve and had sold their house. She rarely visited Jack in the hospital and when she did, it was only to talk about the new life she had built without him.

Feeling betrayed and alone, Jack was determined to reclaim his lost fortune and start a new life. He knew that the hard drive was the key to his future, and he was willing to do whatever it took to find it. He searched for months, trying to piece together the events of the past fifteen years.

He visited his old house, now owned by a new family. He broken in through a small cellar window and searched through the cellar in the middle of the night. As he searched for the hard drive behind the boiler, he heard the sound of footsteps approaching...

It all happened so quickly, Jack narrowly avoided being seen by the man of the house, who had heard the commotion and come to investigate with a fire arm. Jack hid behind the door and waited for the man to enter the celler. When the man appeared, Jack quickly grabbed his shot gun and used the butt to knock him unconscious.

He retrieved the hard drive and escaped from the house, narrowly avoiding being caught by the authorities who had just arrived at the front of the house. When he finally made it back home, he was exhausted but relieved to have found the key to his future.

He connected the hard drive to his computer and was amazed to see that his Bitcoins were still there, waiting for him on his wallet. He quickly checked the current value of the cryptocurrency and was stunned to find that it was now worth over $1.5 million per coin. His 10,000 Bitcoins were now worth a large fortune!

As he sat in his dimly lit bedroom, staring at the screen in disbelief, Jack realized that he had been given a second chance at life. He was filled with gratitude and determination to make the most of it.

He decided to sell a small portion of his Bitcoins and use the money to start a new life in North East England, far from the pain and betrayal of his past. He also decided to keep his identity as Satoshi Nakamoto, the creator of Bitcoin, a secret from the world so bitcoin could benifit humanity for all time. He patted his dog Naka and drifted of into a deep happy sleep.

Story board

  1. Jack discovers the world of cryptocurrency and becomes fascinated by it.
  2. He spends all of his savings on purchasing 10,000 Bitcoins and stores them on a golden hard drive.
  3. A few months later, Jack is involved in a serious accident and falls into a coma.
  4. He remains in a coma for over five years, missing out on a lot of events in the world.
  5. When he finally awakens, he has no memory of the past five years and is overwhelmed by the changes in his life.
  6. He discovers that his wife has moved on with another man and sold their house.
  7. Determined to reclaim his lost fortune, Jack sets out on a journey to find the golden hard drive.
  8. He visits his old house, now owned by a new family, and searches for the hard drive in the cellar.
  9. As he searches, he is confronted by the man of the house and narrowly avoids being shot.
  10. He retrieves the golden hard drive and escapes from the house.
  11. When he connects the hard drive to his computer, he discovers that his Bitcoins are still there and are now worth over $1.5 million.
  12. Jack decides to sell his Bitcoins and start a new life in North East England, keeping his identity as Satoshi Nakamoto a secret from the world.

I'm being force-subscribed to a channel that is livestreaming some Elon Musk-related announcement?

This is actually the second time this has happened - I refreshed my subscriptions page and saw this livestream in my sub box but I have definitely never subscribed to any channel having anything to do with Tesla before. The channel has no videos only the one livestream, and last time as with this time I immediately unsubscribed and reported the livestream as spam. Once was a fluke, but now it's happened twice and both times it's been Tesla-related. The channel is https://www.youtube.com/@teslamotorslives and I think it was called something similar last time. Is this happening to anyone else? Anyone have any idea what's going on here?

https://preview.redd.it/jqoh6ugyhpaa1.png?width=290&format=png&auto=webp&s=0c23323754172c41ca4b200038814fc204e55f69

I love how the chat is locked to 10-year subscribers only on a channel that I'm pretty sure was created today..


Crypto companies aim to build trust within future products and services

The cryptocurrency ecosystem underwent a turbulent year in 2022. Criticism inside and outside of the crypto industry was fueled following the collapse of FTX, Celsius, Three Arrows Capital and the Terra ecosystem.

A number of losses have been recorded from these events. Blockchain analytics firm Chainalysis released a report in December of last year, which noted that the depegging of Terra’s stablecoin, Terra USD Classic (USTC), saw weekly-realized losses peak at $20.5 billion. Findings further show that the subsequent collapse of Three Arrows Capital and Celsius in June 2022 saw weekly-realized losses reach $33 billion.

While these events may have resulted in a loss of trust within the crypto ecosystem, it’s important to point out that blockchain technology and cryptocurrency have not failed. To put this in perspective, Dan Morehead, chief operating officer at ​​Pantera Capital — an American hedge fund specializing in cryptocurrency — stated in a Dec. 19, 2022 letter to investors:

Also Read : Marathon Digital experiments with overclocking to increase competitive advantage

“The narrative that blockchain skeptics and some regulators and politicians are pumping out misses the point. The collapse of FTX had nothing to do with blockchain technology. It’s not crypto that failed. Bitcoin and all the other protocols worked perfectly.”

To Morehead’s point, companies within the crypto and blockchain sector continue to build and release products, despite recent events. In fact, a number of projects are focused more than ever before on instilling trust within products.

Companies aim to ensure trust

Paul Brody, global blockchain leader at EY and an Enterprise Ethereum Alliance board member, told Cointelegraph that he senses a renewed respect for the value of rules, regulations and the idea that the rule of law has a role to play within the crypto sector. “The narrative that ‘code is law’ doesn’t seem to come up so much anymore in discussions,” he said.

Given this, Brody believes that auditors, regulators and mathematical proofs will play a critical role in building trust with transparency within the crypto sector:

“I think we can look forward to a future where not only will code be published, but firms will publicly appoint external auditors and welcome regulatory inspections. I think there’s also a role for more standardization of how firms in this industry report their data.”

To Brody’s point, a number of crypto companies have started placing an emphasis on audits and data reporting. For example, Jordan Kruger, co-founder of Vesper Finance and head of decentralized finance (DeFi) at Web3 infrastructure layer Bloq, told Cointelegraph that her firm has been subject to a number of audits since launching in 2021.

“It has undergone more than fifty independent audits across the multiple smart contracts that comprise its pools and strategies,” she said.

Read more The Spuzz.com


Hey, I'm rju.

Hi! Thanks u/Connect_Wolf_7262 for inviting me.

I bought a lot of Banano. Prices of other coins fell where they should have (including Nano), but Banano shouldn't be at such low prices.

What's my plan?

If the price continues to be low, I'll buy more. I wouldn't be surprised if the Banano market cap beats Nano.

Who will win and who will lose?

Those who contribute to the Banano community are the winners: NiceTheBoy, Prussia, Airtune, yekta, bbedward, Oops, SoggyApplePie, anemone, RQ, Fudcake, Kron, Turd, Kirby, Ptera, Coranos, Phantoad, Bantano, just_dimitry, Wrap-That-Potassium and others. Y'all win!

Banano holders will win. Exchanges such as Binance, Kucoin, MEXC will also win if they add BAN to their exchanges.

Hey emusk!

Thanks a lot for giving me all your Banano. Seriously, I would definitely not be able to buy that much Banano without your help.

Do I think of selling now?

I'm not as philanthropic as emusk.

Here's some advice!

  1. Any price under 0.01 USD is "extremely cheap". Don't be surprised if the Banano price moves separately from Bitcoin and other coins. Banano is different from other coins in many ways. Tell me which coin ranks first in folding@home? Which coin has a great community and a wonderful team? Which coin has a great wallet app like Kalium? Which coin has such fun events? Which coin has a cute whale making such statements??? It is BANANO and it's like no other!
  2. The Banano community should grow further. banano subreddit is alright. More effort should be given on Twitter. We can divide Banano distributions into two categories: spending to the existing community and spending to grow the community. Both are important, but the latter should be considered and given more importance.
  3. Developers, keep building! Some competitions can be organized for new developments on Banano. The people with the highest "multiplier" in a community are developers.
  4. wBAN liquidity incentives don't work, it doesn't help. The volume/liquidity ratio is too low. Adding liquidity to wBAN does not increase the volume. The highest volume is on Coinex, and I couldn't get this much Banano anywhere but Coinex. Therefore, wBAN incentives can be removed, focusing instead on more beneficial Banano distributions.
  5. Don't focus on price! Just focus on building and making good stuff.

Bitcoin halving and price

The bearish digital currency market in recent years has lowered the price of Bitcoin to the range of $16,000. Those who bought Bitcoin at the peak of its price today have faced a heavy loss at these prices. Maybe the amateurs are sellers at these prices, but the professionals of the cryptocurrency market have their eyes on an important event. They believe that this event can once again bring the price of Bitcoin to its peak price.

The halving is the event that professional traders look forward to. Halving, or the halving of Bitcoin miners' rewards, happens approximately every 4 years. The main reason for halving is the decrease in Bitcoin supply. In financial markets, a decrease in the supply of a product always leads to an increase in demand. This issue increases the value of that product in the market.

According to this issue, the creator of Bitcoin has considered two parameters to reduce the supply of Bitcoin:

1- Limiting the supply of Bitcoin:

At the beginning of the creation of Bitcoin, Satoshi limited it to 21 million coins. This relationship will happen over time. No more bitcoins will arrive. At that time, if the cryptocurrency market continues to exist, the owners will have this dream in the name of Bitcoin.

2- Bitcoin halving

A fan that has been consistently predicted to reduce the supply of Bitcoin by Satoshi is halving. Why this event and the subsequent halving of Bitcoin reviewed together.

There are theories about these two actions of Satoshi, the most interesting of which is related to Vitalik Buterin.

Vitalik Buterin says:

Bitcoin was created with the aim of simulating a commodity like gold. There is only a limited amount of gold in the world, and the more gold is mined, the harder and harder it is to find the remaining reserves.

Because of this limited supply, gold has maintained its value as a means of international exchange as well as savings for more than six thousand years. There is hope that Bitcoin will also have a similar fate.

Buy cheap Tether

Buy cheap Tether

If the price of Bitcoin is going to increase during the halving, smart Iranian traders will benefit the most from it. Of course, this benefit goes to those who can buy bitcoins with cheap Tether. When you buy Bitcoin at the cheapest price of Iran Tether, you can save more coins for yourself.

Due to the law of supply and demand in financial markets, BTC halving can have a psychological effect on the digital currency market. This psychological effect is the low supply of Bitcoin, which can cause the price of BTC to rise in the digital currency market.

As mentioned, Bitcoin has been trading in the 16,000 channel for several months after its terrible fall from the $60,000 channel. It seems that crypto market professionals are waiting for the next Bitcoin halving.

When will the next bitcoin halving happen?

Considering that 6 blocks are found on average every hour and the halving event happens after 210 thousand blocks. If we put these numbers together, we have to wait for bitcoin halving every 4 years. The last bitcoin halving happened in 2020, and the next halving can be predicted to happen in 2024.

According to most experts, the year 2024 can mark another rise for the price of Bitcoin. Crossing the 60 thousand dollar channel and reaching the peaks of 80 or even 100 thousand dollars. Are you ready for the next bitcoin halving?