Sunday, May 30, 2021

What is STOPELON?

It's been 9 days since I heard about this new crypto called STOPELON. I have closely followed this currency to understand if they are really serious about this coin or it is just another coin in this crypto coin boom.

Day 1 : Heard about this coin on multiple media channels. Tried to search what was it all about and landed on several other Popular websites who have written articles about this project. One of the major name was Yahoo Finance among those articles.

Day 2: I had forgot this coin and just was looking for upcoming projects which had some purpose and use case. Just like the first day, I came across more media article talking about this new coin STOPELON. It made me curious about it. What was so special about it other than having the name Elon in it? Most of those articles had mentioned that the crypto was started by the haters of Elon Musk who were affected by his tweets and other statement on Bitcoin. I wanted to know more about this project so joined their Telegram channel which goes by the name "STOPELON OFFICIAL".

Day 3: I was silently reading their admins and moderators talking with the new members. I would say wash one of them is passionate about this project. What makes it more special is almost all of them were initially just buyers of this coin when it was launched and were later asked by devs to help them handle the community.

So this is what I understand about their vision. MUSK is just a name, a symbol of those influential people or nations who get accused of manipulating the crypto markets. We have an example of China as a nation who is repeatedly accused of manipulating the crypto prices with their anouncement. They also plan to buy a big portion Tesla shares as their ultimate goal to have a say in decision making process and make Musk realise that his deeds are not going to be ignored everytime. Yes it seems like an impossible, however, did we not witnessed another impossible event which we all know from the name GAMESTOP??

Day4: I started listening to their voice chats with the investors of this coin. I am not making it up but they are super friendly and respectfully respond even to the craziest question coming their way. Heard their audio chats for hours where some of their core team members who are from their community itself keep explaining to everyone what's their vision with this project. Coincidentally, that very same day, there was an AMA organised in the audio chat with the developer and other core team members. The community fired some really sharp questions towards them related to this project. Whether it was about the possibility of a RUG PULL , their claims of BUYING TESLA SHARES, Doxing the dev and other technical questions related to the project. I would the say the responses were pretty comforting and did build more trust in the community which was visible in the telegram group chat after that AMA. (They do have that AMA recording link available in the Telegram group). I started to get an idea whether I was going to invest in that project.

Day5: It happened. I made my first purchase.

Since then everyday I feel more associated to the project as a community member. These guys do take suggestions from community everyday. It's not easy to handle an active Telegram group of 15k+ and an overall community of 21k+ HODLERS. These guys have done that work amazingly. They even almost touched 100m Market cap on their first week.

This past Saturday another AMA was organised with this well respected Telegram community CRYPTO EAGLES and many people got their questions answered.

Did I mention here that they are still being covered in the TV and Digital Media all over the world?

This week they would be possibly announcing a listing on either CoinGecko or CMC.

NEXT, they are planning to organize a protest outside Tesla in Fremont, California, USA on 6th June and are expecting a good coverage from media.

If I summarise my views about this project then I would say that, this project has a great potential due to its uniqueness. Already a great media coverage has blessed it in its early stage and any next event would act as catalyst for its growth. Right now, what I have noticed many people find it difficult to buy this currency as it is not listed yet in any exchange.

What I know so far, they are already in talks with some exchanges and a couple of exchanges have also reached out to them voluntarily.

Any listing would open the flood gates of a big pool of investors and would blow up this project.


[WTS] ACC with SQ42 Package and Polaris, 300, Sabre Raven and 70k UEC = $500 total [blackmarket]

This is a 1 time only offer.

My Hangar:

Carrack 2018 anniversary ccued to Polaris - $550 melt value

Aurora LN SQ42 Package ccued to 300i - $65 melt value

Sabre Raven Package - can´t melt

UEC 70.000 - $70 can´t melt value

Cemetery is filled with other ships.

The Ships in the hangar are non-giftable. Therefore ships are not sold separately.

For those interested: Post a reply here and PM me if you´re interested. Conversations about it will happen on discord which ill give it to you after we PM each other. Transaction will only occur after we build trust with each other. Sale is happening for $500.

Charging:
- Invoice for at least a 30-day verified Paypal account
OR
- I´m willing to trade the ACC for equal value worth on Bitcoin or Ethereum.

I agree with Reddit and quote "we hope that these transactions are limited to well-informed consenting adults that have taken the time to introspect on their risk tolerance."

Thank you for your time. I hope that we can carry out this transaction ethically and respectfully.

/hugs
Renato

Disclaimer

(1) I am "selling" the right to be added as an "Authorized User" to my account, which is allowed as per RSI's 2016 Terms of Service.

(2) I will remain the original owner only in the event that official contact is required from the parent company (CIG).

(3) I understand that my personal information may be permanently retained in the address and billing sections.

I agree to the above clauses and will not attempt to access, recover or tamper with the said account unless it is requested by the Authorized User.


The Massive Societal Benefits of Bitcoin

Here is a summary of benefits Bitcoin brings in various areas. Do correct me if needed and suggest additions.

Benefits for people in developing nations

  • Bitcoin is permissionless, which means anyone with a used $50 smartphone can open an account and start participating in the global economy. Nobody will check your credit history or whether you have a valid address. For example, think of an oppressed woman without the chance to open a bank account in a poor developing country who wants to be self sufficient and live a decent life working online.
  • Bitcoin allows people especially in unstable and highly corrupt countries save and thus survive hardships, because you can be your own bank, and you don't have to trust anyone. You can literally cross borders as a refugee if you had to without anything on you, yet carry your savings in your head. This is not a benefit for those living in the comfort of developed countries bombarded with credit card offers, but it's a huge benefit for hundreds of millions around the world who are not as fortunate.
  • Bitcoin is independent from nation states, thus free of any misguided or corrupt monetary policy of a certain nation doesn't influence it.
  • Legacy remittances services are a huge drain on people who are poor as is already. Such services can easily take 25%+ of people's hard earned little money just to send to their loved ones living in their home country, and the process is risky because people have to carry cash in unsafe areas. Bitcoin fixes this problem.

Benefits for people in developed nations

  • Bitcoin has a planned and decreasing inflation built in, so your savings do not gradually lose value as they do in other liquid assets, especially cash. In fact, in the last 10 years it didn't just keep its value but appreciated greatly too. At the same time the USD lost more than half of its value (depending on how you calculate). The USD is the strongest currency in the world, everyone else fared much worse. No, you can't escape this by putting your savings into your house, which is by itself a privileged position to have. Even if your house price doubled in the last 10 years, it's still the same house, just older, and the money you would get for it would be the same or less in value. And if you look at the stock market performance against a reserve asset like gold (not to mention Bitcoin), then you are barely preserving the value of your savings, yet you're already sitting in an asset class that is considered risky.
  • Bitcoin is a highly uncorrelated asset with other traditional investment assets like bonds, real estate, stocks and gold, so for long term investors it helps stabilize their savings. Bitcoin is also an international asset, so the pool of buyer and sellers is larger and more independent from the events within a single country than any given national currency. The risk is lower with Bitcoin on the long term. This means investors can afford to take bigger risks with their money which stimulates the economy.
  • Bitcoin provides the world's first immutable ledger that can be used way beyond just money. The benefits are far reaching and nobody fully grasped it yet. To start off, think about all the partially corrupted centralized institutions that we have to fund and trust. They all became technically obsolete the minute Bitcoin was created. It's only a matter of time until a more just world will emerge thanks to Bitcoin.
  • Bitcoin is the same in any country of the world. You don't have to spend on exchange fees to get various currencies to buy stuff. You don't end up with coins you can't do anything with at the end of your trip. Instead you can top up your phone (or whatever else you need to do) in virtually any country of the world with the same Satoshis (a small unit of Bitcoin).
  • You can transfer any amount over to anyone else in the world faster than anything else. You can literally move 100M dollars worth of coins right now for 15 dollar cents. It will show up on the other side instantly, will confirm in about 10 minutes, and it's settled fully in about 30 minutes. No humans involved. Safer than banks. This a huge advantage for businesses. The same transaction with a wire transfer will cost you and takes at least a day or more depending on where you are sending. With credit card payments the full settlement takes weeks.
  • You can build entire business models on top of Bitcoin, like for example the Lightning Network payment network, because it's programmable money that can execute instructions autonomously, fairly and safely. You can reduce the cost of middleman which is beneficial to all parties (except for the rent seekers).

Benefits for the environment

  • Bitcoin with its second layer solutions like the Lightning Network that offers instant and super low fee transactions that scales to millions of transactions per second can reduce the reliance on legacy financial systems globally. Legacy systems generate about a magnitude more CO2 emissions so any reduction is a huge win for the environment. Remember, the petro-dollar has to be globally enforced by a large military, which is the single biggest oil consumer.
  • Once the world transitions to a Bitcoin standard, governments will not be able to print money to start wars as they have done for millenia, thus Bitcoin potentially and likely reduces wars. Wars are the biggest polluting events in the world, way worse than any other human activity, not to mention the immense suffering living beings have to go through. Reducing wars by even just a fraction would offset any carbon footprint Bitcoin may have. This is far down the line though, but still an important end benefit.

Benefits of Bitcoin for those who don't use Bitcoin

  • Bitcoin reduces fraud by at least a magnitude or more for merchants. If you ever ran an online store you are familiar with the chargebacks from credit cards, paypal, etc. Losses can be as high as 5-10% of the revenue. This cost is built into the price of products. When we use Bitcoin the losses disappear and thus the cost of goods will drop.
  • Bitcoin keeps governments in check passively. Before Bitcoin there was no escape to an international permissionless asset. Now, governments will have to think twice to do something drastic because they know they will only accelerate Bitcoin adoption, as it happened in Venezuela, Turkey and in other nations. This passive force brings a benefit to everyone even those who don't participate in the Bitcoin economy without them realizing that the negative non-event is caused by Bitcoin and its supporters.
  • Bitcoin ensures there is a plan B when/if the world's reserve currency the USD may stumble/fall due to uncontrolled hyperinflation, which now became a real possibility given the activity of the FED in the last 2 years. This means society globally will not collapse after the reserve currency collapses, it will just accelerate its transition to a new Bitcoin backed system even if sovereign fiat currencies remain in use. Significantly less people will be fired, go hungry, and be killed by desperate criminals.

In summary, Bitcoin overall and in a historical perspective will likely be seen as a game changer and will have a massive positive transformative effect on civilization creating a much more efficient, equal and just world. All this goodness for recycling ~0.25% of waste energy. I'll take that deal any day.


Coti 15x coin for march 2021

#Bitcoin

#Bitcoin_news

#Bitcoin_account #Bitcoin_price_today

In this video Coti 15x coin for march 2021, I'll go through the the whole events & news of coti with technical analysis & used coinmomo to see event & news f...

visit us: https://www.youtube.com/watch?v=63k6hGSkuCs&t=20s

https://preview.redd.it/q0gup50ad9271.png?width=506&format=png&auto=webp&s=86ad7ee598f1c63dc5605aeb231f49cef1db6ec7


Bitcoin makes an appearance at the ISA World Surfing Games 2021 in El Salvador

The World Surfing Games 2021 were inaugurated yesterday, are are being held for the first time in my home country. One of the sponsors of the local team is Bitcoin Beach. Bitcoin Beach is a pilot project that started a few years ago in a beach called El Zonte, which is popular with locals and tourists. The project involves educating the local population and merchants on the advantages of Bitcoin and providing them with the means of accepting Bitcoin as payment for their products. Most of these people are unbanked, and for years have been unable to accept payments in anything other than cash. Moreover, the only Crypto ATM in the country is located in this town. The project is still small but it is an interesting case study.

The local team is using surf boards with the Bitcoin logo on them (as well as the logos of other sponsors), which will definitely be noticed by surfers and people from all over the world who are watching the event.

I can't post images or links on this post. If you wish to see photos of the event involving Bitcoin you may visit the official instagram page of the Salvadorean Surf Federation (@fesasurf). If you wish to read a bit more about the Bitcoin Beach project, you may search "Bitcoin Beach" on Google and there you will see the the official website. I would post the link here but I believe I'm not allowed to.


BitcoinReflect (BTCR)

BitcoinRelect is are amazing Coin. 🚀🚀

Contract: 0x893f9c19e2b9f7865f6d0f953c38b34a3a6c17cf

Website: https://bitcoinreflect.finance

Telegram: https://t.me/BitcoinReflect


Bitcoin Limitations

One big problem may be a lack of universal acceptance. It is often somewhere between difficult and impossible to shop for bitcoins using either a MasterCard. Many banks are either restricted from engaging in cryptocurrency or a minimum of hesitant to interact in them.

A large part of the restriction against credit cards comes from the network itself. Since credit cards enable buyers to interact in chargebacks, bitcoin users and exchanges are understandably reluctant to simply accept them in payment for the cryptocurrency. After all, while it's extremely easy for a buyer to execute a chargeback, it's extremely difficult for the vendor to prove that a digital currency actually changed hands.

The lack of a chargeback capability with bitcoin itself could convince be an inherent limitation. Buyers are understandably reluctant to pay during a currency that leaves them no recourse within the event of less-than-satisfactory service or merchandise. If you have wanted to know more about Bitcoin Investment, then visit this link.

Storage method vulnerabilities. Bitcoins stored on your computer have the potential for being lost if the disk drive becomes corrupted. This method of storage would require that you simply regularly copy your wallet. And online web wallets have inconsistent security protocols. While some use multifactor authentication to supply maximum security, others use the quality ID and password.

Government actions/reactions. Governments around the world are nervous about cryptocurrencies generally. At a minimum, cryptocurrencies have the potential to exchange national currencies, and that is something that no government wants to happen. Additionally, governments are unsure of the way to tax cryptocurrency transactions and income sources.

The anonymous nature of cryptocurrency payments raises the likelihood of tax evasion and criminality, although the IRS does require you to report it and pay taxes on any gains. They also track who uses bitcoin using software and target cryptocurrency exchanges. Exchanges must provide lists of users and transactions. If you have wanted to know more about Bitcoin Investment, then visit this link.