BlackRock releasese new report on Bitcoin. On page 6 they're comparing the performance of Bitcoin, the S&P 500, and gold following major geopolitical events.

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KASPA

The potential for Kaspa (KAS) to become a leading cryptocurrency or even a significant contender in the realm of digital currencies can be attributed to several factors highlighted by discussions and analyses found on the white papers, platforms like X and various crypto analysis sites up to September 2024:

1. Technological Innovation: Kaspa introduces a Directed Acyclic Graph (DAG) structure known as GhostDAG, which aims to solve the blockchain trilemma of scalability, security, and decentralization. This technology allows for parallel processing of transactions, significantly increasing transaction throughput and reducing confirmation times which could make it more efficient than traditional blockchains like Bitcoin.

2. Scalability and Speed: Kaspa's design promises to handle transactions much faster than many existing cryptocurrencies. With each Kaspa transaction visible to the network in one second and fully confirmed in about 10 seconds, it addresses one of the critical issues in blockchain technology—scalability.

3. Security and Consensus Mechanism: Utilizing a proof-of-work (PoW) consensus with the kHeavyHash algorithm, Kaspa not only maintains a high level of security but also introduces optical-mining, potentially making mining more accessible and efficient. This could lead to a more decentralized mining network, reducing the risk of centralization seen in other cryptocurrencies.

4. Community and Ecosystem Development: There's a strong emphasis on community-driven development, with initiatives like the Kaspa Ambassador Program and events like the SHAKA event in France, indicating a growing, engaged community. This community support is crucial for the organic growth and adoption of any cryptocurrency.

5. Real-World Applications and Partnerships: Discussions around Kaspa highlight its potential in real-world applications, from simple transactions to more complex uses once smart contracts are integrated. Partnerships, like those hinted at in various posts, could lead to broader adoption, especially if Kaspa integrates into existing financial systems or new fintech solutions.

6. Market Performance and Sentiment: Recent price movements and analyses suggest a bullish sentiment towards Kaspa, with predictions of significant growth based on its technological merits and market adoption trends. The introduction of Kaspa ETF further indicates an attempt to bridge traditional finance with cryptocurrency, potentially attracting more conservative investors.

7. Future Vision and Development Roadmap: The roadmap for Kaspa includes features like smart contracts, which could position it not just as a currency but as a platform for decentralized applications (dApps), expanding its utility beyond mere transactions.

8. Competitive Edge: While cryptocurrencies like Bitcoin and Ethereum have first-mover advantages, Kaspa's approach to solving inherent blockchain issues might appeal to developers, businesses, and investors looking for more efficient, scalable solutions without compromising on security.

Becoming the greatest crypto fiat in the world involves not just technological superiority but widespread adoption, regulatory acceptance, and economic stability, which are influenced by numerous external factors including global economic policies, technological advancements in competing cryptocurrencies, and shifts in investor sentiment.