The Blockchain: Who are the new winners and losers?
S2E3
Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. It is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain.
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Why People Still Don’t Get Cryptocurrency
Many of these folks are incredibly smart and successful. So why can’t they see the value of Bitcoin and cryptocurrency? How are they missing something that’s continued to defy expectations for more than a decade?
To understand why, we just need to take a little dive into the history of money and how human beings form beliefs.
Read the article here
Crypto is fully banned in China and 8 other countries
Some governments that have banned crypto have said that cryptocurrencies are being used to funnel money to illegal sources and argued that the rise of crypto could destabilize their financial systems. Although not all governments are moving to ban crypto, many are looking into how to regulate digital currency, including the U.S. Gary Gensler, the chairman of the Securities and Exchange Commission, has called crypto “the Wild West” and said he wants to impose more regulation on digital currencies.
Read the article here
Think Everyone Is Getting Rich Off NFTs? Most Sales Are Actually $200 or Less, According to One Report
The overall breakdown, Parker writes, was as follows:
33.6 percent of primary sales were $100 or less
20.0 percent of primary sales were $100-$200
11.1 percent of primary sales were $200-$300
7.7 percent of primary sales were $300-$400
3.9 percent of primary sales were $400–$500
3.3 percent of primary sales were $500-$600
2.5 percent of primary sales were $600–$700
Read the article here
Pointillism Examples
PAUL SIGNAC, PORTRAIT OF FÉLIX FÉNÉON, 1890. MUSEUM OF MODERN ART (MOMA) COLLECTION IN NEW YORK.
Artist unknown
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