Pelayar Brave kini merupakan pelayar tetapan asal pada telefon pintar keluaran HTC, sebagaimana yang dilaporkan CNET pada 10 Disember.

Ditubuhkan pada tahun 1997, HTC merupakan pengeluar barangan elektronik dari Taiwan, yang kemudiannya vendor telefon pintar terkemuka di Amerika Syarikat pada akhir tahun 2010. Pengambilalihan pasaran syarikat mula berkurang, apabila ia mengalahkan Apple , Samsung, dan LG dengan pangsa pasaran hampir enam peratus di Amerika Syarikat pada tahun 2014. Pada tahun 2017, HTC memegang 2.3 peratus daripada pasaran telefon pintar, manakala pada 2018 ia dikatakan dikendalikan kurang daripada setengah peratus.

Brave – pelayar blockchain open source, yang menyekat iklan dan web trackers – dilaporkan akan diprapasang pada HTC Exodus 1, “telefon blockchain asli pertama” dengan sokongan untuk pelbagai matawang crypto dan blockchain, termasuk Bitcoin (BTC) dan Ethereum (ETH) rangkaian. Projek HTC Exodus 1 pada mulanya diumumkan pada Mei 2018.

Brendan Eich, pengasas bersama Brave dan sebelumnya Mozilla, mengumumkan kerjasama dengan HTC dalam tweet pada 8 Disember, mengatakan bahawa “kami sangat gembira mempunyai @Brave sebagai pelayar tetapan dan bekerjasama dengan HTC pada telefon Exodus mereka.”

Pelayar BRAVE menggunakan Basic Attention Token (BAT), yang menghantar bayaran iklan kepada Brave dan penggunanya, dan seterusnya boleh digunakan untuk membayar kandungan premium. Pada bulan Jun 2017, Eich menjana $35 juta dalam masa 30 saat semasa Tawaran Jualan Awal token BAT ( ICO ).

Bulan lepas, pembekal elektronik yang berpusatkan blockchain SIRIN Labs melancarkan telefon pintar berasaskan blokchain pertama yang dipanggil FINNEY. Berdasarkan kedua-dua sistem operasi sumber terbuka Android dan SIRIN, OS SIRIN, telefon FINNEY menawarkan dompet crypto penyimpanan sejuk dan menyediakan komunikasi sulit.

Brave menggunakan yayasan cryptocurrency itu sendiri untuk mengendalikan pembayaran perakaunan untuk sistem pengiklanan dalam talian yang mereka sedang bangunkan. Dalam ujian yang dijadualkan bermula tahun ini, Basic Attention Token (BAT) akan digunakan untuk menghantar bayaran iklan kepada Pengguna Brave dan Brave yang memilih ke dalam sistem. Syarikat Brave juga merancang perkongsian dengan penerbit yang akan menghantar pembayaran pengiklan kepada penerbit, pengguna Brave dan Brave.

Sistem pembayaran BAT, yang dikenali sebagai Brave Rewards, membolehkan pengguna Brave membiayai laman web yang mereka lawati, serta YouTubers dan streamer video Twitch. Berikan bekalan BAT kepada pengguna pelayar untuk membiayai sumbangan tersebut. Untuk menerima pembayaran BAT, penerbit tersebut mesti mendaftar dengan sistem Brave, dan selepas itu mereka boleh menukar token BAT kepada wang tunai.

Brave berniat untuk menjadikan BAT sebagai “token utiliti”, bukannya cryptocurrency untuk tujuan umum, tetapi anda boleh membeli BAT dalam pasaran cryptocurrency. Nilai BAT tidak jatuh dengan banyak seperti bitcoin, nilai BAT hanya turun dari kira-kira 17 sen setahun yang lalu kepada 14 sen hari ini.

Brave mempunyai kira-kira 4.7 juta pengguna pada peranti Android, iOS, Windows, MacOS dan Linux, kata syarikat itu.

Making the Transition back to the college atmosphere can be a difficult one; especially if you are involved in the cryptosphere. This transition can be made even harder if your portfolio is not prepared for this transition as well. Habits and actions are what separate professionals from amateurs. We, as humans, are creatures of habit and we carry this weight with us everywhere.

What if I told you that by just reprogramming the software in your brain that you could trade these habits of an amateur in for the practice of a professional? This trick does not involve charts, trading, or school; this trick deals with you. By practicing these five steps I can ensure you that your new habits will change your life for good.

Mindset can be the biggest barrier to achieving what we want.

 

Have Compassion for yourself

Our generation is among one of the hardest working but yet we lack a defining trait of the professional. Self Compassion.  Look around, it is apparent that we are lacking self trust and have holes in our armor of confidence. Rebuilding our armor of confidence can be as easy as one change but it requires dedication and for us to start with our self-compassion. When you have self-compassion, you will understand that your worth is unconditional.

To start building your self compassion you need to address the  “suffering” in a certain aspect in your life. You need to prepare a strategy; you cannot run in to this battle blindly like Napoleon Bonaparte’s battle at Waterloo. Even the best can fall due to the lack of a plan.  Always Keep records to look back on to see your progress if you ever second guess yourself.

  1. Start by finding the source of the problem; “I keep seeing losses in my trading” or “I want to improve my grades this semester”.
  2. Have multiple plans of attack and execute the best one. “I will trade less and have better charts” or “I will study more and be ahead in each on of my classes”.
  3. Record what you have accomplished in a record log. “Record your trades in a trade log” or “keep a checklist of homework completed, tests, and grades to look back on”.

 

Do not live, but learn from the past

It is never healthy to dwell on past events because it prohibits you from succeeding in the future. If one was to dwell over a trade loss or a bad grade all of the time, they would never see a profitable trade or a good grade. They live in the past and they stay there; as time opens new opportunities they are turned down by the individual living in the past. Only until that individual learns from the past will he be able to live in the now and see what other opportunities await.

One must also be grounded in the now. If an individual is too far outside the boundaries of what is capable, they will never reach their great future, It will always seem like it is so close but yet so far away. It is only when one lives in the now that they can build the bridge connecting them to their future.

In order to become a better trader or a better student you must learn from the past, live in the now, and see the future ahead. Do not dread over a bad trade, the markets are flowing 24/7 and there will always be another opportunity to make money. It will take some time to recover but it will not be the end of the world. Do not panic over a bad grade, there will alway be room for improvement in school. Talk to your teacher, find out what mistakes you made and how you can prepare better for the next test, study your mistakes and learn for them, go back more prepare for the next test.

If you want to build up your confidence armor, you will need to learn how to not let the past burn holes in your armor. Once you are able to achieve this, only then will you start to see an improvement in your armor and mindset.

 

Do not live by the opinion of others

Who gave you these labels? Who wrote your story for you? No one because the tribe doesn’t care. The social construct that makes up our tribe doesn’t give a shit about you. When it comes down to it, they are too busy wrapped up in their own little world to dedicate time and attention to you.  Do not let the opinion of others influence your decision; You got in this for a reason, do not leave without a reason. This goes for anything in life that you are passionate about. You will be met with challenges in life including people calling you crazy for not working a 9-5, following your dream, or even doing what you love. Never listen to these people, just nod and keep on working because what differentiates them between you and me is that it take a little crazy to be incredibly good at something. In the case of crypto do not FOMO in to buys and blindly follow others only to get rekt, and these “signal” providers? Where do you think they get their signals from? Keep your vision focused and do not live by the labels of others. You create your own destiny, no one else should.

 

Start to become the professional you always have been

Since most of us are professionals in training, it helps to get in to the mindset to become one. As a student and a participant in the cryptosphere you are already one step ahead of the “social herd”. As  blooming professionals, individuals in the herd will often look to you for advice and this is where you can thrive.

Think back to all of the times you have reached out for help and have succeeded with such help. The professionals that gave you this help are masters of this skill. They know that teaching someone rather than giving them the answer will give you the opportunity to learn just as they did. Notice how they gave you clue’s and hints to find the best possible solution without giving you the answer.

As a student and a crypto advocate, I urge you to practice helping others in a professional way. Practice not giving away all of your information, practice teaching someone, and practice opening the opportunity to learn. Learning to help others means that one must learn to defer gratification as well.

Deferring gratification describes the process that the one undergoes when the individual resists the temptation of an immediate reward in preference for a later reward. This may seem like such a simple task but with the amount of information out there it makes it nearly impossible. For example, imagine having done all your research & TA and found the  “perfect” entry for a position, your position starts to lose money and seems like it will be stopped out. But right before it hits the stop, it moons… straight up. If you were to have acted too soon you would have pulled out and missed a great opportunity.

Deferred gratification is a key part of controlling your emotions and making logical decisions. However, it usually fails if there is no strategy to solidify your plan. School is another great example of deferred gratification. Think about all of the studying that you have done in school. What has it been done for? You study but there is no instant reward for it. The gratification comes when you take your test and get the desired A. Or better yet, all the tests and studying means that you graduate in the top of your class.

 

Balance, Balance, Balance

You need balance in order to perform at your maximum potential. Think of balance as yin and yang. There is always some evil in good and some good in evil; essentially saying that there will always be a balance between good and evil.

There must be a balance between your school life and your crypto life in order to achieve the best possible results from both side. Balance is the core fundamental of your professional body. Think about it; If you can’t stick to a plan and follow your own rules, if you get impatient and change your strategy every time you lose in a trade, or if you can’t deal with losing money, because trading is about winning and losing too (but being profitable in the end) most likely you will fail too. If you can’t stick to your school schedule and follow your routine, if you get angry and upset every time you get a bad grade, or if you can’t deal with sacrificing time for your studies, then you will most likely fail too.

The Invisible Hand and Cartels

Adam Smith originally developed the theory of the invisible hand in which he  described the unintended social benefits of an individual’s self-interested action. He is also notably famous for his book “The Wealth of Nations”, which was an inquiry into the nature and causes of the wealth of nations. However, an important feature of his time was the legalization, and  protection of cartels! Adam Smith’s complaint about ‘trades’ was precisely about their legal status. He wrote “Every individual necessarily labors to render the annual revenue of the society as great as he can … He intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention … By pursuing his own interests, he frequently promotes that of the society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good.” Cartels became illegal in 1970 but businesses already realized that private markets were more productive and profitable than government run economies and thus started to impersonate the invisible hand but operate more like cartels. We know these impersonators now as “Market Makers” or “Whales”, while knowing next to nothing about who they are. Governments know of this trick too and even try to incorporate the invisible hand in to regulations. Former Fed Chairman Ben Bernanke explained that “The market-based approach is regulation by the invisible hand” which “aims to align the incentives of market participants with the objectives of the regulator.” Like Adam Smith says, “He intends only his own gain, and he is in this, as in many other cases, led by and invisible hand to promote an end which was not part of his intention”. You know, this sounds familiar to me…should I say…the double slit experiment? Allow me to explain without going too much into detail; Scientists discovered the sheer presence of the observer trying to measure and observe the experiment changed the outcome of what initially happened. (Here is a great video explaining the Double Slit Experiment ) But if one cannot measure nor observe the invisible hand, how do you know it’s there? Simple. We wait, pay attention, and observe what they leave behind because if we try to observe them they will simply fail to emerge.

Cartel

WHAT IT IS:

A cartel is a group of companies, countries or other entities that agree to work to influence market prices by controlling the production and sale of a particular product. I like to shake things up so I included this conspiracy video of “Illumicorp” (which by the way does not show up with a red spelling error on google) because it does a good job explaining how the invisible hand works for business involved in shady practices and the manipulation of goods. This video is 100% fake in my opinion, but if you look past the BS, it can give you knowledge on how easily business and communicate and conspire in secrecy from the public.  If businesses are conspiring and starting cartels, what would the main goal be? A cartel’s main goal is to control price; Let’s think of some current cartels There have been numerous cartels forged and fallen in the past decade let alone century. It’s necessary to understand this and get a good grasp that cartels do still exist and they are very much a part of current economics. This practice is essentially how you win the game of “Monopoly” you quite literally become a monopoly; which closely resembles a cartel.(Firms that may act as though there is a real cartel and undertake cartel-like’ behavior, even though there is no formed cartel, which may be subject to investigation by the regulators.)  With cartels being illegal since 1970, you would have to be out of your mind to form a cartel. This list above barely scratches the surface of how many cartels have been caught and or are still out there. But catching a cartel is nearly impossible because they do not exist until you catch them. It’s comparable to trying to observe the doubling of particles in the double slit experiment; you simply can’t observe it until it has left evidence to observe. Otherwise, they will change their outcome if directly observed. Knowing this we can catch a cartel by looking at the “interference” pattern they leave in their wake.

Cartel Economics

Aside from its definition a cartel has another defining characteristics to it. A cartel is a collection of otherwise independent businesses or countries that act together as if they were a single producer and those are able to fix prices for the goods they produce. It is also important to know that while cartels do exist they do not exist in every single market, they exist in easily manipulated markets like commodity and futures trading, with some of the most well know favorites of these cartels being Gold, Silver, Oil, Uranium, and now Bitcoin. The Plunge Protection Team (PPT) is a colloquial name giving to the working group on financial markets.  The team was created to artificially inflate the price rather than suppress it by using the printed money to keep the stock and bonds market up giving the illusion of prosperity. Super Crypto does a great job providing proof and past evidence to reference cartels suppression in the gold, silver, and uranium markets. Check it out here!

Banks and Cartels “A Love Story”

The banks that are supposedly being accused of cartel like behavior have a history of romance with cartels. HSBC, CME, and UBS are three banks that know very well the inner working of cartels and how to get away with it. Let’s look at their history.

HSBC

HSBC, “The Cartels Bank”, was recently exposed on a Netflix series named “Dirty Money” after they reexamined HSBC’s $881 Million dollar money laundering scandal involving the Sinola Cartel. A famous quote about war states the following “Unless you plan on ending your enemy on the spot always leave an escape route for them.”  and this is exactly what the regulators did. Europe’s largest bank, HSBC paid 1.9 billion in fine to avoid prosecution for harboring 881 million in proceeds from illegal drugs. This went pretty under the radar until Netflix’s “Dirty Money” brought the issues back to life and has since seen a 100% rating on Rotten Tomatoes. According to the director of the episode, the 1.9 Billion fine was only about 5 weeks of their total yearly profit. The ties between HSBC and the Sinaloa Cartel are blatantly obvious but this mainly wasn’t about their laundering crimes, it was about their audacity to commit and recommit those crimes. MarketWatch recently revealed that banks have been fined a total of $243 billion since the financial crisis with HSBC paying out $4.5 billion.

CME

The CME is running a cartel to suppress the price of gold by clearing OTC Forward contract. The London Precious Metals Clearing Limited exists for the safekeeping of gold and silver in high security vaults. What the LPMCL does is they clear old forward contracts and allocate them to an unallocated account. “Unallocated accounts do not entail specific bars being set aside and the customer has a general entitlement to fungible metal. Unallocated accounts are the most convenient and commonly used method of holding gold and silver.” What the LPMCL means by this is that there doesn’t have to be physical gold in these unallocated accounts nor does there have to be a verification of the gold in the unallocated accounts as well. This goes against industry standard that was set in the safekeeping and storage of gold. A well known hedge fund, Greenlight,  switched their entire gold exchange traded fund position into physical gold after extensive investigation. They moved in to a professional storage facility. If you are to go to a well known gold storage facility, Gold Money, and take a look at section 8E of their user agreement it says “At any time request GoldMoney to change the goldgrams in to grams of gold or ounces of silver that are available for physical delivery to the user. They say physical because physicality is an industry standard. The LPMCL, which is owned and managed by HSBC, ICBC Standard Bank, JPMorgan, Scotiabank and UBS are clearing these spot and forward transactions for CME. They are doing this under COMEX rules where you can deliver ETF shares which don’t even have to be physical gold. Its essentially just a bunch of paper gold in a vault that is being used to associate physical gold in demand. Let’s look back at the characteristics of a cartel too, “A cartel is a collection of otherwise independent businesses or countries that act together as if they were a single producer and those are able to fix prices for the goods they produce” Five independent businesses/banks that are acting together under LPMCL as if they were a single produce and are able to fix prices for the goods they produce the clearing them through CME. When I put it that way it seems pretty suspicious huh? Looking to the FEDs to stop this is pretty useless as well, get this; The SEC’s 10k states “That in addition the trustee has no rights to visit the premises of an sub custodian for the purpose of examining the Trust’s gold or any records maintained by the subcustodan and no subcustodain is obligated to cooperate in any  review.” What they mean is you do not have the right to audit these accounts to see if there is even physical gold in the account. Which would you rather have? One Ounce of Gold or one COMEX Receipt for 1 oz of gold. With the receipt you now have counterparty risk as well as credit risk because what if they are running a giant scam/cartel and they get caught? Well the paper becomes essentially useless and the people with the physical gold that maintain their purchasing power. In the current gold price suppression scheme it is getting harder to deliver the physical gold bullion that people are requesting in exchange for their receipts. With the change in rules, the OTC forwards are now being cleared through the CME and this is the next stage of the gold price depression scheme. It will eventually become a lot harder to get physical bullion. This is  why we are seeing with the price of gold and silver drop as we speak. They suppress the price so they do not lose control of it. Itt’s a lot less attractive to hold gold at $1,200 and silver at $15 and ounce than it is to hold gold at $120,000 an ounce and silver at $15,000 an ounce. By suppressing the price, they can control it to ensure that the commodity of whatever they are controlling doesn’t become too desirable and leave their grasps. Worst of all if they suppress gold enough and crash the market, they will be the ones profiting off of paper gold and the ones left holding the bags will be the people holding physical gold. When people see a big loss and sell their gold, it gets bought by the same people who initially caused crash; only then being used to back their paper investment making it look like they’ve had it all along.

UBS

UBS Investment Bank along with many of the world’s largest banks have been fined multiple times for manipulating foreign exchange markets from December ‘07 to January ‘13. US levied 5.3 billion in forex fines in 2015. Banks have an interesting way of dancing around these rules by hiring independent trading experts. In July, three former currency traders pleaded not guilty after being accused of being part of a group called “the cartel” and face charges in connection with a sprawling probe into the rigging of forex benchmarks. In January 2018, Jason Katz pleaded guilty to participating in a price fixing conspiracy in the forex markets. It is not unlike banks to have a fall victim to make sure that they are not directly at fault while just have to pay a fine. But more recently eight banks are in talks with the Commission of the EU for their participation in an illegal forex cartel. Apart from UBS, the cartel included Royal Bank of Scotland, JP Morgan Chase, Citigroup, Barclays, HSBC and two other banks. They face fines of several billion euros, according to the U.K.-based newspaper. After the conclusion of the US investigation into its forex trading scandal, the fully compliant UBS bank cooperated and paid $342 million in fines but was forced to plead guilty for its part in the Libor scandal. In 2018, Pensions representing more than 386,000 public workers across the country sued 6 major US banks with claims that for nearly two decades these giants have conspired to inflate prices and stamp out competition in a crucial $1 Trillion market. UBS was listed in a complaint filed in Manhattan federal court which claims these banks make up about 70% of the market. After competition threatened to cut banks in this market by up to 60%, the cartel responded with threats. If the banks are trying to manipulate security lending, it could be a big red flag for pension funds that rely on the income from securities lending to support retirees and other hard working Americans. Here is a recent filing on January 29th, 2018 by the Commodities Future Trading Committee, about the CFTC filing eight anti-spoofing enforcement actions against three banks (Deutsche Bank, HSBC & UBS) & Six Individuals These are just one of many examples of these banks being major player in current cartel cases. A simple google search with “(Banks Name) is a Cartel” will bring up millions of results, it’s frightening to look at. Especially since CME is currently the only place you can actively trade bitcoin futures. If banks are working with cartels in current markets, what is to stop them from collaborating and start to manipulate crypto market? Three words: The Bitcoin ETF

The Cartels Crypto Playgrounds

Bitcoin is now facing the possible threat of suppression by the cartels and there is evidence to back it up. CME opened the doors for its bitcoin futures market on Oct-2018 and since that day the cartel has been hiding among the kids on the playground we call the cryptosphere. CME Futures opened October 2018 and closed on December 17th, 2018. The historic run of bitcoin ended the day CME futures closed. Picture Proof:
https://www.tradingview.com/x/lJ6PlYwm/
1. https://www.tradingview.com/x/lJ6PlYwm/  
https://www.tradingview.com/x/HkE3dVRX/
2. https://www.tradingview.com/x/HkE3dVRX/
The cartel works it magic by manufacturing FUD and scheduling the release just as bitcoin is hitting importing TA support and resistance levels. Here a chart from Super Crypto showing the coincidental timing.
Link
Zero Hedge did a small report back in march on the timing of drops during the crypto crash. In short it states for the three days in a row (March 7-9th, 2018), the close of European trading around 11:30ET each day had a sudden, heavy volume selling pressure across the crypto-space. This would backup claims of coordinated manipulation and manufactured FUD. Do not fool yourself in to believe that FUD is hard to manufacture. On February 7th, China’s central bank’s mailbox was hacked to email a false notice about bitcoins crackdown. These falsified claims were distributed to the US media by the bank claiming that Hong Kong Monetary Authority and PBOC were going to team up and start to become more strict on all aspects and services of bitcoin trading China and Hong Kong. China Email Hack “Read the above article and ask a question to yourself — Who would do such a thing? Only those who have interest in breaking down the Bitcoin price — Right? Would an ordinary IT guy or a hacker do this? NO — because they cannot benefit from doing this FUD. Only influential cartel who can benefit by creating a FUD would do this.”- Super Crypto It makes me think that maybe the reason that the SEC wants to protect the average investor is because they knew what type of untold dangers are out there. With over 59 bitcoin ETF proposals turned down so far, you could make a case that they know the potential danger that an ETF could impose to bitcoin’s future prosperity.

The Bitcoin ETF Manipulation

ICE’s Crypto Exchange Plans Scream Market Manipulation!

It is a slippery slope when dealing with the mainstreaming of Bitcoin and the adoption of cryptocurrencies. Wall Street is notorious for creating so called value out of nothing, and it is likely they are trying to do the same thing with bitcoin. This could very well be the beginning to Wall Street trying to create financial claims to bitcoin out of thin air while not being backed by bitcoin.  Bitcoin has an advantage over gold however and this is its algorithmically enforced scarcity. Leverage is how smart people go broke and Wall Street knows this all too well. They plan to control the crypto market leverage the same way the control gold, by creating more financial claims to coins than there are underlying coins; Thereby influencing the underlying coin price via the derivatives market. They want financialize cryptocurrencies via leverage, the same way leverage has “financialized” other suppressed commodity market. “As cryptocurrency markets develop further, here’s what I’ll be on the lookout for: financial institutions beginning to create claims against cryptocurrencies that are not fully backed by the underlying coins (which could take the form of margin loans, coin lending / rehypothecation, coin-settled futures contracts, or ETFs that don’t 100% track the underlying coins at any given moment). None of these are happening in the market yet, though. So far, regulators have only allowed bitcoin derivatives in cash-settled form among major derivatives counterparties. While cash-settled derivatives can affect the price of the underlying asset, the magnitude of the impact is lower than the impact if derivatives were settled in an underlying that is “hard to borrow” or “special” (using securities lending parlance). Bitcoin is especially “hard to borrow” so a requirement to deliver the underlying bitcoins into derivatives contracts would amplify bitcoin’s price fluctuations. Eventually it’s likely regulators will approve bitcoin-settled derivatives among major derivatives counterparties. At that point, banks will be looking to borrow the underlying bitcoin—and that’s when the custodial arrangements made by institutional investors will start to matter. Will custodians make their custodied coins available for borrowing in “coin lending markets” as they do with securities lending today? Or will they deem the cybersecurity risks of lending coins (which entails revealing private keys) too high relative to the extra return available for coin lending? And will institutional investors even allow coin lending by their custodians? Regardless, when bitcoin-settled derivatives appear on the scene, it’s very likely that cryptocurrencies will be “hard to borrow” for quite some time because HODLers (long-term holders) own most coins and rarely use custodians.” This quote from Caitlin Long’s “ICE Creating New Cryptocurrency market: A Double Edged Sword” does a fantastic job or summing up the most likely outcome for bitcoin if ICE is allowed to go through with their ETF.

One Problem: Bitcoin Is Not Like Gold

However, Bitcoin did not come to the table unprepared. Bitcoin is really hard to borrow and unlike gold there is a limited supply of 21,000,000 BTC. You cannot create nor destroy these BTC and when the last BTC is mined there will be no more being created, thus being regulated by supply and demand. Futures market could continue to have dominance because communities keep giving high praise and putting emphasis to the futures market as a primary reference point for prices and trades. To only add on to this, “the cartel” is able to print as much money and issue as many futures contracts to sell into the market and crash it. The trick here is that the same people giving this high praise to the futures market are the same ones running the cartel and manipulating prices. If we refer to the futures market whereby an entity can issue unlimited amount of futures contract without any real cost and sell back into the market, then of course the market would crash. But we need to realize this: the crypto market is supposed to be blockchain-based, i.e. involving on-chain transactions transparent to all. Futures market is offchain-based and opaque to all. If we do not give significance to such market, everything would be fine, but we don’t like mentioned above. If a DEX is created in which all transactions will be on-chain, then this “cartel” entity would not be able to issue unlimited futures contract to sell.  And if they do decide to sell, disclosure of the sale will be available to all. We need to have a paradigm shift in focus from the priority of the futures exchange (CME) back to centralized and decentralized exchanges to restore order. Andrew Haldane and the governor of the Bank of England are right. We need to break up our banks, limit their capacity to speculate and bring them back to earth. We are being tricked in to investing into gold and silver only for the banks to short the prices and make money from our loss. In an ironic quote in a press release from ICE’s CEO, Jeffrey Sprecher, “In bringing regulated, connected infrastructure together with institutional and consumer applications for digital assets, we aim to build confidence in the asset class on a global scale, consistent with our track record of bringing transparency and trust to previously unregulated markets.” (emphasis added) It baffles me how these are the same people that slandered bitcoin and cryptocurrencies no less than six months ago, but now have had a revelation and a 180 degree change of story in less than 6 months.

Bitcoin Vs Fiat

The idea of trade and market exchange automatically channeling self-interest toward socially desirable ends is a central point behind theory of the invisible hand. In our case, the central disagreement between economic powers (Bitcoin vs FIAT) can be an argument about how powerful the true “invisible hand” is. The thought that self interest could be channeled to socially desired ends could be our answer. Utilizing this tool, we can lessen the grip of the cartels fraudulent “invisible hand” and put an end to the corruption that plagues our current financial system. We cannot let them fabricate and defame the legitimacy and trust of bitcoins and the blockchains. Thankfully we have the long term HODL-ers, will be resistant to giving up their BTC giving meaning to the phrase “Hard to Borrow”. As for liquidity, there can be a good type of financialization which can have a big positive for bitcoin; but its when liquidity arises from leverage that we cannot let be the death of bitcoin. Bitcoin and the blockchain are already transparent and immutable due to their decentralization. We are the guardians of this technology and we need to protect it, we cannot let this fall into the wrong hands or the future of Bitcoin could be at risk.

Cost effectiveness, speed, reliability, and scalability of digital transactions are attracting many big tech companies to join the cryptocurrency bandwagon. Most of these tech companies have either partnered with cryptocurrency companies or tested blockchain and cryptocurrencies internally to be frontrunners in this field. The cryptocurrency industry is optimistic after the reversal of ban on crypto products and services by Facebook and being favored by G-20 leadership towards regulating these currencies.

With the Chinese social media platform, WeChat, paving the way and proving that payment through QR codes is efficient and may soon become mainstream, Amazon and Microsoft have entered into partnerships to launch their blockchain tools.

Blockchain adoption is increasing in 2018 as many startups are moving towards the creation of cryptocurrency tokens by using blockchain technology in an innovative manner. Ripple (XRP), a San Francisco-based cryptocurrency and payment platform, is leading in this field as global transactions are completed in just three seconds in its blockchain. Consequently, most of the banks, remittance companies, and financial institutions are adopting Ripple’s blockchain to revolutionize their businesses. Ripple Labs Director of Regulatory Relations Ryan Zagone has already favored the use of Ripple (XRP) by saying that its use is inevitable for businesses. Big tech companies, like Google, Amazon, Facebook, and Microsoft, will not be left behind to maintain their supremacy in the tech world.

The reversal of crypto ads ban by Facebook shows that something big is coming in the near future. Most people speculate that Facebook is planning to launch its own cryptocurrency, while others think that Facebook wants to earn money from crypto ads. Earlier, there were also rumors published in The Economist that Facebook is interested to buy Coinbase, the world’s largest bitcoin exchange. If Facebook launches its own cryptocurrency, all the 2 billion users of its social media platform would have an easy access to that, thus increasing the worth of this token.

Amazon is also an e-commerce giant with the most number of young, educated customers, apart from its Amazon Prime members. This means that Amazon Coin may also have access to thousands of Amazon customers.

A rivalry may also arise between Amazon and Facebook in terms of advertising, which could be a reason behind Facebook’s reversal of ban on crypto ads. Amazon may win in this battle as it has a vast e-commerce experience and has existing partnerships with many banks and remittance companies. Adoption of blockchain and launch of cryptocurrency by Amazon may also benefit its huge customer database because it would become convenient for Amazon to send and receive payments through blockchain technology. Interestingly, the e-commerce giant Amazon, has already registered cryptocurrency website addresses.

We can hope that Amazon may launch its own cryptocurrency even before Facebook does. Launch of cryptocurrency will prove ideal for Amazon Prime brand because it would accelerate its grocery business, thereby revolutionizing the mobile payments. It is also evident that this adoption of blockchain by Big Techs will benefit the cryptocurrency industry a lot and make the competition among tech companies fiercer.

With the invention of various cryptocurrencies, investors began to think of ways to store the crypto tokens in order to avoid any loss. Various cryptocurrency companies introduced various kinds of wallets for storing particular cryptocurrencies. With the passage of time, people realized the need of an all-in-one crypto wallet that can store as many cryptocurrencies as they want without any fear of losing funds. As a result, various hardware, software, cold, online, and offline wallets were brought up to the stage with various security features and multi-currency support. Security of funds has always remained an issue because most of the crypto wallets offer security through private keys stored in various places.

John McAfee, a renowned cyber security professional, has invented a new crypto wallet in collaboration with Bitfi, a global payment technology company. John McAfee says that this crypto wallet is the first open-source unhackable hardware wallet with Bitfi algorithm for an increased security. The wallet comes with a dashboard, which is easy to set-up wirelessly and can manage various cryptocurrencies and crypto assets. It is worth mentioning that John McAfee has recently joined Bitfi team to accelerate the adoption of digital assets and to ease the interaction with these assets. It is also important to note that John McAfee’s claim of Bitfi Wallet, being an unhackable wallet, has never been made by any one in tech history.

This Bitfi wallet ‘Knox’ is available for purchase in $120 across the world from June 25. John McAfee tweeted that the first batch of the unhackable wallet has sold-out in only 22 minutes, and the second batch has sold out 150 units before the website crashed. One of the greatest reasons for this flash sale is the collaboration of John McAfee with Bitfi because John has a respectable place in the world of cyber security, being inventor of McAfee antivirus program.

Here are some of the features of the unhackable crypto wallet:

  • It offers support for unlimited cryptocurrencies with the facility that allows the new and upcoming cryptocurrencies to automatically be added through updates.
  • It can be easily set-up and synchronized with different devices to utilize the wallet’s dashboard facility.
  • It allows the users to switch instantly among various crypto assets for personal as well as business purposes.
  • It is unhackable because the users can save their funds through memorizing a security phrase which will give them access to the private keys. The private keys will be generated only for a few seconds to authorize the transactions and will not stored at any place, thus avoiding the illicit use of them.
  • Its interface is also attractive and easy to use.
  • It offers minimal transaction fees and stores unlimited amount of any digital currency.

From what is published on their website, Bitfi wallet is probably one of the most secure multi-purpose crypto wallets that will also bring a revolution in crypto trading. Unlimited support for cryptocurrencies, user-friendly interface, competitive price, and unmatched security make this wallet better than any other crypto wallets being used across the globe.

The skyrocketing values of top cryptocurrencies in the last week of December 2017 and the first week of January 2018 had made cryptocurrencies a widely discussed topic around the world. Since then, almost all the cryptocurrencies are passing through ups and downs in their values.

Facebook, the world’s largest social media platform, also announced ban on ads promoting financial products and services. Earlier, cryptocurrency trading was also banned by various financial regulators in different countries. Also, many of the financial experts also considered these a deceptive game and fraud. The ban on cryptocurrency trading in China, the world’s leading economy, further added fuel to the fire and the values of all the cryptocurrencies began to decrease.

In spite of all this, crypto experts remained hopeful for the future of cryptocurrencies saying that these would regain their all-time high values at some time in the last quarter of 2018. Also, many larger banks, financial institutions, and remittance firms began to adopt various platforms to revolutionize their global payments. Ripple (XRP) has appeared as a frontrunner in this regard because of its fast, reliable, and cost effective cross border money transfers. As a result, more than 100 companies have adopted its blockchain to expand their operations.

Facebook has also realized the importance of blockchain and cryptocurrencies and has announced a new policy lifting ban on financial ads including cryptocurrencies. The official Facebook business page states that it has refined its policy and decided to allow some ads after ensuring that these are safe. This means that it will still block ads with misleading advertising of various products and services. The new policy is effective from June 26 and will allow those ads that are pre-approved by various advertisers. Here, it is also pertinent to mention that there is ban on content promoting Initial Coin Offerings (ICO’s) and other binary options.

The advertisers interested to promote their cryptocurrency products and services will have to submit an application to Facebook. After assessing their eligibility, the social media platform will allow their ads to appear and make those accessible to all the users of Facebook. It is also very important to mention that Facebook is the world’s largest social media platform with more than 2 billion users all across the world.

This lifting of bans on cryptocurrency products and services has given rise to many speculations including that something big is coming for this social media platform in near future. There are also opinions that Facebook may have plans to buy Coinbase, the largest crypto exchange in the world. In early June, The Economist (one of the leading news platform) reported that Facebook is planning to buy Coinbase which is the largest Bitcoin exchange. Although Coinbase is also the largest Bitcoin exchange, yet Facebook adoption may give it access to billion of social media users around the world. There are also many others who are of the view that this lifting of ban on crypto products and services by Facebook is only a way to earn money. In any case, this flip on crypto ads by Facebook may surge the values of almost all the cryptocurrencies in near future.

Ripple is a San Francisco based cryptocurrency company founded in 2012. Over the past few months, the company has earned a name as a payment platform. Currently, Ripple (XRP) is the third largest cryptocurrency being traded all across the world. Global transactions are completed within three seconds in Ripple’s blockchain as compared to Bitcoin where global transactions take 40 minutes to complete. The fast transactions, reliability, and scalability of its blockchain network are revolutionizing the businesses all across the world. Therefore, many banks, financial institutions, and businesses are joining this platform. Ripple (XRP) touched an all-time high value of $3.60 in the first week of January 2018.

Last week, Ripple’s director of regulatory relations Ryan Zagone attended Federal Reserve’s faster payment task force steering committee. He was representing 90 corporations. The main objective of this committee was to formulate methods to upgrade the conventional payment system. The selection of Ryan Zagone as the representative of 90 corporations showed that the businesses all over the world have full confidence in Ripple (XRP) as a payment platform to revolutionize the businesses. Earlier, global payments all over the world are made through SWIFT. The cost effectiveness, speed, and reliability of RippleNet are making it a world leader in global payments.

Most of the financial experts are hopeful that FED will back up Ripple (XRP) as a replacement for cross border remittances. This is because Ripple (XRP) is an American based payment platform. Ryan Zagone, as a representative for Ripple (XRP), preferred Ripple (XRP) over other cash alliances. Here, it is also pertinent to mention that Ripple’s CEO Brad Garlinghouse had said that Ripple (XRP) will soon be the number one cryptocurrency choice for various banks, financial institutions, and businesses. He also advocated various Ripples’ products like xRapid and xCurrent to become the ultimate choice of businesses all across the world.

A few days back Kotak Mahindra, one of the largest private banks in India, announced partnership with Ripple (XRP) for fast, reliable, and cost effective global payments. Here, it is also important to mention that more than 100 banks, financial institutions, and remittance firms are already using Ripple (XRP) for processing cross border transactions. With the passage of time, the use of Ripple (XRP) will become inevitable for developing nations. This is because inflow and outflow of money is one of the largest problems that the businesses are facing in developing countries. The advocacy of Ryan Zagone and the influence of G-20 may attract nations all over the world to adopt Ripple (XRP) as a tool for global payments.

Most of the crypto experts were already of the view that 2018 will be year of Ripple (XRP). The listing of Ripple (XRP) on various crypto exchanges and platforms all over the world seem to support this view. We can also hope that adoption of xCurrent and xRapid by various businesses will also increase the value of coin which is trading around $0.50 nowadays. Also, it may become global currency replacing all other valuable currencies like USD, GBP, and others.