Earn Bitcoin by Watching YouTube Videos: Bittube.me Faucet Review
Video transcription
Hello, guys once again, you’ve come to this channel In this video I’ll, be demonstrating to you how you can any Bitcoin just by watching YouTube videos, visiting the website, just clicking and you paid. That is what I’m going to demonstrate to you and if you will watch the end of this video, I will show you one trick that you can to make the whole process on screen and not Bitcoin. You are if you have not subscribed to this channel. Please please, please, subscribe to the channel, leave your comments below like the video, and hit the notification bell. I read every single comment and I do my best to reply to them. So please subscribe to the channel to support us so that we can bring you more videos alright? So today I will be reviewing a website called Bittube. So the URL is bittube. me. And he said, are the websites will be reviewed today? So this is a game on the page and see. Bittube is a unique bitcoin, a faucet that allows you to earn bitcoin by watching any youtube.
Bittube Review: Earn Bitcoin by Watching Videos with No Minimum Withdrawal
Video you like to have no pop-ups no pop-unders, and there is no minimum withdrawal. Even if you earn 1 Bitcoin, you can withdraw it. So that is it. This is the website.I will be taking you through everything we need to know in this review. If you will stay to the end, I will show you secrets that you can actually use to automate the whole process, so this is the FAQ section on the website see. These are some withdrawal proofs people are withdrawing. These are the latest withdrawal proofs, so that is bittube for you. I’m currently inside the member’s area now and, as you can see here, earned 70 Satoshi That’S what I have earned so far, and this is the dashboard, so you can see my referral link here, let’s check here. So these are some other offers. That’s what you can do. These are other promotional websites. Now, let’s look here highest earnest today, 25.6 satoshis. So all these people have earned about the same amount. Let’s look at withdrawals. People run the earn 1 satoshi. They withdraw.
Maximizing Earnings on a Bitcoin Rewards Website: Visiting Websites for High Satoshi Rewards
It latest withdrawals for the day.I think this should be the highest withdrawal today, 171 satoshis, so that is followed by this is 99 satoshi.I think I can only make a withdrawal because I have 78 solutions. So you see this is the websites and people are actually making withdrawals. Now, let’s, let’s take one last visit to a website, so these are the task we can do. So there are YouTube videos. You can also visit a website. So let’s visit a website, Click on it Go to EARN and then choose website. Basically, what I like to do is go through the available opportunities for the day and start with the highest opportunities. Currently the highest. Is this one 4.4 satoshis just for 15 seconds? I visit the website, then I will earn 4.4 satoshis, so I will come here and click visit the site to open a new page. So this is the website. Meanwhile, it has started counting down. So I can visit this website a Bitcoin website. There is anything I want.
Unlock Earning Potential with Bittube’s Human Traffic CAPTCHA – Earn Bitcoin Daily by Watching Videos Online!
Maybe I can continue to spend more time here and then, however, I am being paid. So let’s go back to our bittube. There is this CAPTCHA for you to prove that you, a human robot, just to prove that you’re a human. So this is real human traffic to websites So once the CAPTCHA finishes. I click on submit. So it tells me what good job task completed. So I have completed a task. Let’s check my balance, let’s refresh the page see so, let’s see now I have seven 74.8. So let’s do another one. Let me visit this one Neobits. I know that is also a currency website, so let’s get down, and so as is actually totally free, and as a free member, you have limited opportunities. If we want to get the man communities where you can actually make a lot more, then you need to subscribe and join the field option, and we are able to make a lot more on a daily basis. So this is your base. You see a lot of people.
Learn How to Earn Bitcoin by Watching YouTube Videos and Make $250 a Day with This Easy Online Money-Making Method
I can advertise on it and let’s website so if I decide to join this, then the quality, so this one to me is also you know, get pH to make money online. So clearly, every five minutes complete authorize the city website. So you need to make money, so this will clean your bitcoins situation and withdraw all processes. So that is it guys, so you can actually wow see these are showing, which are all truths this a song withdrawal tips. So because these guys, how much we all join sugar spirits, so let’s go back, completes fuck all right, so I’m like a robot just to verify. That’s. We are human. We verify that we are human and we submit this turn is quite slow. Could it be Internet connectivity or sometimes a stimulus happens, so our after has verified us that we are Iman. So let’s refresh the page and see what happens so. You see now have 77 Satoshi. So unless we patch the YouTube video, let me say that’s guys: it is awesome, virtually the same process.
Learn how to earn money from watching YouTube videos with the help of a Chrome extension
There is the same process, so this actually seems they’re coming up. So it’s virtually the same process. You have to do it to me. We watch the video for 30 seconds and repeat that, is it now in the chip? I will show you cotton a lot, so we see the download extension. This is a cool extension. You can use it to make the process. So once you are doing other things, you can actually be making money from this website, just an energy so naturally download to this Chrome extension and install you making good money so guys I have, I believe, if you like this website, make sure you subscribe to this Channel and like the video please hit the notification girl support this and website. Thank you very much and out for now.
Discover the Potential of Bitcore Network for Crypto Passive Income in 2023: A Promising Investment Opportunity
Video transcription
Friends today is December 22nd and manyare already thinking about holidays, and I am looking for projects with the mostpowerful potential for 2023 for you and me and you know that the biggest earnings multiples of hundreds and sometimes thousands of x’s are just stories about being the first in the rightplace and I’m not making this up or exaggerating. Many, who have been with me for a long timehave already felt financially. This topic. My task is to find for myself and for you aproject that will feed so that there is enoughfor everything at all. And the project in questionhas the maximum potential to be just that This is BITCORE. This is the story I have on the pedestalof potential missiles in the coming year. This video will be the first I plan to make a whole series so as not to make a lot of an hour long video, because there is everything here: and tokenization of real estate and profitable business, and the most powerful binary model ofaudience attraction. The Asian market is already entering.
Go Bitcore: Tokenizing Real Profitable Businesses for Crypto Passive Income in 2023
Here live leadership presentations are being held in Thailand, Vietnam China and, not only Asia, South America, Brazil, Turkey, And in the first introductory video, I will tell you in a nutshell: why l’m planning to make a series of videos, so if you’re interested don’t forget to subscribe, I’m also waiting for you in the comments, if you have any questions. Go Bitcore, is a project that, on a global scale, aims to start a real profitable business in the cryptp Moreover. The main emphasis is on the most profitable alignments, namely rental business with tokenization of income objects in otherwords, tokenization of real estate cars, other types of profitable activities, such as legal entities, whole companies, .So that when buying tokens or NFT well say a car sharing business. You often receive real live income of. The company.. well or another example thatI was told, is an apartment is bought in Dubai.
Bitcore’s Tokenization and NFTs: A Grandiose Story of Passive Income Potential
Officially, on bitcore, its tokenization is done and, some number of NFTs and all income is divide between. The owners of these NFTs, some of which remain with bitcore This will all be documented. This is a grandiose story, the scale of which can be at the level of creating say some of the most famous NFT games like Axi Infinity, where the first investors made tens of thousands of x’s… The most important thing is that Bitcore isa tokenized company, with its own blockchain, in which all calculations and movements of fundswill, take place its own exchange and exchangers, And this token can already be bought in the project and so that it does not just stand idle put it In a staking for profitability, while making, essentially a completely passive income with the potential to increase the price ofthe token This is exactly what I will do, or rather I have already done in the next video I will post a video of how I made a deposit.
Bitcore Sets the Stage for Profitable Business NFT Tokenization and Launches New Blockchain with Exchange and Operational Token
I want to do it right away in the form of instructions and already looking ahead, I madea profit withdrawal to write down the withdrawalinstructions. Everything is simple. Convenient. In fact we are not only at the start of the coolest NFT tokenization project for profitable businesses. We are also at the start of a new blockchain with our own exchange. Exchanges and operational token. Everything is 1 in 1 as in. The binance And binance has already made his thousands of X’s Now the future belongs to other projects with more thoughtful ecosystems, so Ihave such projects as Bitcore in my priorities. Well, as I said, there is binary marketing here. The amount that you have already seen has already been brought under me by investors from offline and to everyone who now enters the project atleast for a minimum, and it starts here from $ 50.
Join an Infinite Referral Structure for Passive Income in Bitcore Network with Our Superior Support
I will pour all new comers under you: until February The binar works so that you have registered and all whom I, as your superior will bring, will register for you and, in fact, this will be a referral structure of infinite depth, för you, which you can fix in USDT I’ll tell you. How it works on the fingers in the following videos. If you have any questions, I am waiting for you in the comments or write to me personally with any questions at all. In the telegram I am open toeveryone.I will tell you share my experience. All links in the description to each video Thank you for your attention. Andgood luck to everyone along the way..
Discover the Ultimate Play-to-Earn Game: Earn Crypto for Free with Sarutobi – The Full Guide!
Video transcription
Foreign, topians to Total crypto updates bringing you another video for real deep dives into the crypto industry I can’t promise to only speak about crypto but, I can promise everything will be overstood let’s dive into today’s very dense crypto update today’s, crypto update will continue our urge To earnmoney online, even if satoshi’s are an increment of Bitcoin, I would still huddle millions of them because they are a direct descendant of Bitcoin. Bitcoin has been proven to be Limitless so far, and Satoshi coin can only follow so, let’s get into today new play to earn so we can begin to earn crypto. We are living in bad times and should hold our liquid assets as close as possible. Crypto is available for the average Joe and purchasing in a macro scale. Bear Market is not to smart. Here we have sarutobi, let’s Dive In this play to earned Masterpiece has been around for ages. It’S probably one of the first play to earn games that didn’t tank.
Discover the Two-in-One Mobile Game Sarah Toby and Earn Bitcoin for Free with Flyby in This Comprehensive Guide
Sarah Toby was developed by Mandel duck to the form it is in now. Sarah Toby is a two-in-one, and by that I mean there is two different games in one to be completely honest and upfront, I’m probably the worst at the swing things so leave some jokes in the comments back to the mobile game’s main screen. Let me go ahead and explain the functions. The top left of the screen of the audio, which I left muted. For the sake of the video to the top right. You can see a gear there, which is the settings menu which we will get into a little bit more later in the video on the bottom. You see two different icons, one that reads flyby, which is to the left of the one that reads swing thing. These two are the actual games that you can play to earn, Bitcoin, which we will elaborate more on flyby because, like I said earlier, I suck at swing thing and honestly never made it past three swings which you will understand what that means later on.
Learn How to Navigate Sarutobi Gameplay Menu and Earn Crypto for Free with This Comprehensive Guide.
In the video now, if anyone has a video explaining, swaying things a little bit better than what I can, because I’m literally doing the bare minimum on that mobile game, please post the video or share it somewhere, where I could see it. So I can promote the hell out of it and maybe learn how to play moving on to the actual game menu screen. This is the actual sarutobi gameplay screen menu. As you can see to the left, there are five icons you can choose from the first one. Reading reward the second skins, the third reading power ups, the fourth from the top is the bananas and the last one will be to replay the level let’s dive into what each one of these icons do and how they are a part of the game. The first tab we will deep dive into will be the rewards tab. Once you press the rewards tab, it should bring you to this screen on your mobile device. As you can see, there are two types of coins that can be collected.
Unlock the Potential of Sarutobi: Earn Free Crypto with Silver and Gold Bitcoin Kit and Exclusive Skins
The silver Bitcoin kit will show his coin when collected and the gold one will show as gold when collected press, the small tip button or large tip button, and the funds will be sent automatically to your zbd wallet. Also, this game is one of the only games. You can use different wallets to receive saps, as you can see on. The top right of the screen is where you connect your wallet to receive the Bitcoin you collected in the game on the bottom. It reads jackpot available: if you’re lucky you’ll win 1 000 satoshi’s is when you withdraw, which is self-explanatory back to the main menu. Once you are, there press the Skins tab to enter and see the different skin sarutobi provides in the Skins menu you can see. There are seven different skins, the first one, which is the original Sarah Toby monkey, which is free. The second one looks like he has a costume for 1.99. The next one is a ninja for 1.99. Also, the fourth skin is a green gecko sarutobi.
Maximize Your Gameplay with Sarutobi Power-Ups: A Comprehensive Guide for Crypto Earning
The fifth is Sarah Toby, with the hat and so on, going back to the main menu. We will follow that up with the power-ups tab. These power-ups can be used to give you an advantage from time to time in the power ups menu. You will see six icons, the banana which cost 50 bananas a spring that costs 60 bananas a bar size, kite worth 120 bananas. The rocket is 200, the bomb is also 200 and a potion worth 300 Take a look on the bottom of the screen. It reads tap which power ups you want to equip for the next game, then press on to continue all of the power ups can be used individually or you can make a concoction of power ups for optimal advantage against the sporadically placed bananas, I’m pretty sure you’re Confused but stay tuned, it will always be overstood before the video ends. Each power up has its own effect, which you will actually get to see live as I will be showcasing my sarutobi skills back to the menu where you can see the tab. Bananas bananas. Allow.
Unlock the Addictive Gameplay and Earn Crypto with Sarutobi – A Comprehensive Guide
You to buy power-ups, so let’s say you want to boost your bananas count. You can purchase them here in fiat currency. In increments of 100, 500 and 1 000 bananas, all the prices are located just below the amount of bananas that can be acquired for that package. Moving on to the trophy on the mini screen, this trophy allows you to view the leadership boards and stats for the sarutobi network. There are different category of stats and can be entertaining to see from time to time as you progress now that we’ve made our way back to the menu, let’s get to the play, Tab and check out the actual gameplay. It might not look like much, but my God, it’s addicting here I will explain about what are the goals and how to collect the rewards in saratobia. You will start by hanging from a tree on a vine as you tap. The screen. Sarutobi will begin to swing soon, as you feel you have enough velocity you swipe right and sarutobi will let go. This will thrust sarutobi into a forward motion through the air.
Collect Bananas and Bitcoin Coins in Sarutobi to Earn Free Crypto with Power-Ups and Rewards
Where there will be bananas, you will need to collect before you fall same as with the Bitcoin coins and Rewards, they will be scattered through the air also to collect them. Sarutobi must be launched into the air and through the floating coins or bananas before hitting the ground in this video, you will see sarutobi collect a silver coin and get to see exactly how many Satoshi you will receive for silver coins on to the next gameplay clip. You will see the power ups being utilized. First, we have the spring. After launching sarutobi into the area. You will see the icons on the bottom left. Click the spring at the peak of the launch from the vine to optimize its power once the spring is selected in the air. Sarutomi will automatically have a spring barrier around him, which will cause him to bounce when making contact with the ground and collect more Rewards. In this clip.
Maximizing Rewards with Sarutobi: A Step-by-Step Guide to Using Power-Ups Effectively.
We collect a gold coin, and now you will be able to see the amount of Satoshi you will receive from a gold coin, while 30 Satoshi moving on quick to the next clip start sarutobi in the air, when SAR Toby begins to descend, press the banana icon. As soon as saratobi makes contact with the ground swipe left to watch, him surf the bananas a little further next power up is the bomb icon, which is one of my least favorite, but in this clip I actually did it right. Once descending from your Peak launch press the bomb icon on the bottom left, second icon from the right wait until you’re low enough to be surrounded by rewards and tap saratobi to release the power of the bomb. You will see sarutobi explode further into the direction you are heading on to the bar size kite. This you will want to activate at the top of the cloud of Rewards in this clip.I did it completely wrong and missed dozens of prizes.
Maximizing Sarutobi Rewards: A Proven Strategy for Collecting Crypto for Free
I launched my sarutobi way too high up and press the icon, which made me Glide over most of the rewards. Now, with the last two icons, I will teach you a strategy of mine that works for me every time, but it costs about 500 bananas to use this strategy after launching sarutobi into the sky. When you get to the top of the level you’re going to want to press your potion icon, which will make you grow to about 50 times the size of when you started, then you’re going to want to hit the rocket icon and swipe left now, your sarutobi Is ginormous and riding a rocket ship collecting a majority of the rewards? Also, I would like to state that once you collect a coin, the rest of the gold and silver Bitcoin will vanish, so I go for the coins. First then, go for bananas on my way down.I would also like to elaborate on a few key elements.
Guide to Tracking Progress and Boosting Rewards in Sarutobi Game for Free Crypto
I was not able to show you only because I have already passed these points in the game in the trophy icon on the menu you will need to provide a name for your ranking. This is a more formal way of keeping track of where you are. The second issue I had shown you that when you start the game sarutobi from the beginning, there will be letters scattered throughout the rewards. These letters spell out sarutobi collecting these letters will provide you with a boost of 5 000 bananas and a few free power-ups. That will conclude today’s update on trending news in the crypto world. Thank you for watching. If you made it all the way through stay tuned, we are an active admin. Please, like comment subscribe and never be afraid to voice your opinion. Tell us in the comments what you think and give us some suggestions on what kind of content you’d like us to Deep dive into next time, good day, good night and goodbye
Experience Next-Generation Convenience and Security with Arculus Wallet: The Innovative Payment Card and Crypto Cold Wallet Solution
Video transcription
Hardware, wallets have long been the industry standard for safe crypto storage, but many lack the convenience of hot wallets requiring cords USB or Bluetooth connections. Some even require charging. You definitely don’t want your crypto lost due to a couple of drops of water. In this video we will explain how to set up a quick, safe and easy-to-use hardware. Wallet that marries convenience with security. Arculus Wallet is a next-generation solution by a publicly traded premium. Payment card manufacturer called CompoSecure CompoSecure, has been around for 20 years and is leveraging its innovative payment card technology and security to enter the crypto cold wallet market. But how do payment cards and crypto wallets come together? Well, we can show you Here: we’ve got an unopened. Arculus Key card: Let’s see, we’ve got the’Thank You’ card. That tells you how to download the app and all of that, And then it looks like there’s a’Getting Started’ card over here.
Arculus: The Convenient and Secure Solution for Setting up a Cold Wallet in Minutes
There’s an Arculus sticker that you can put on your phone computer wherever and then this is the ‘My Recovery Sheet’ for your seed phrase that you can write down over here and then keep that and store it someplace secure. So you don’t lose that s very important and then it looks like on the bottom tier you have the Arculus card, which looks and feels like a credit card. It’s a really good design, And this is what you use to put your phone to allow for transactions to take place So yeah great design. They make it really easy with this QR code. All you have to do is scan it with your phone to get started. So let’s go ahead and do that: Okay, let’s see Welcome to Web3. Let’s get started So download the Arculus Wallet app, Okay and then all we have to do is scan the card with the phone It says ready to Scan’. The cool thing about Arculus is that it presents a convenient form factor independent of charging and connection means.
Introducing Arculus Key Card: The Ultimate Secure Crypto Wallet for Your Mobile Phone
All you need is a mobile phone with the Arculus Wallet app and this Arculus Key card. You can see that it looks exactly like a premium payment card with an NFC chip securely inside The card is secured by 3-factor authentication, biometric authentication, a 6-digit PIN code and a tap of the card against the phone. It’s like the Fort Knox of crypto wallets. Now. you’re probably wondering what happens if you lose the phone or card, Amazingly, even if the card or phone is lost, it’s virtually impossible for someone else to get access to your funds. The Arculus Key card is certified to fit CC EAL6, which is a fancy way to say that it proves it is able to protect, high-value assets against significant risks. All of that security in an innocuous metal card that fits right inside your wallet Now, let’s finish, setting up the wallet, So it says’Ready to Scan’ tap and hold your card to the back of your smartphone. So let’s do that Cool. That was super, easy Configure.
Setting up a new wallet and securing your recovery seed phrase in just a few minutes.
Your wallet create a new wallet, restore wallet or cancel, So I’m a first-time user, so I’m going to create a new wallet, So create a PIN code.I’M going to do that. Real, quick, Okay now hold your card to the back of your smartphone And 100 perfect. Now it says: recovery seed. You need to keep this secret phrase. This is required to access your wallet. So this is the secret phrase right here and it says “ Please write down and keep these 12 words carefully .”. So, within the kit we have the my recovery sheet right here We are going to blur that out right. So I’m going to hit’, I wrote down the phrase’ ‘Confirmation .’ Please click on the words in the correct order. So I’m going to look at my little chart that I wrote the picture. The phrase is on Now: I’m going to get my seed phrase out of the way, so you guys can’t steal my coins and I’m going to get to the home page here and boom. It’s done super quick and simple.
Stay Ahead of the Game with Arculus Key Card and Wallet App for Quick and Secure Crypto Transactions
I can see where a wallet like this could be especially useful, Remember when Luna crashed and caused the whole market to implode. Sometimes it’s crucial to act fast and get your coins into or out of your cold wallet With conventional hardware wallets. You might not be quick enough. The Arculus Key card and Wallet app also support multiple DeFi applications As well. It’S easy to conduct NFT transactions, Whether you want to sell through SuperRare, mint or utilize NFTs in the newest protocols. Compatibility with Wallet Connect provides both security and smooth operability. All you have to do is use face or fingerprint recognition on your phone enter the PIN tap the card, and it’s done Just like that. You become your own bank. Unfortunately, I learned that the hard way I actually had a small amount of Bitcoin on a crypto lending platform that is now bankrupt. What everyone says is true, not your keys, not your coins Arculus gives you the keys to your coins, and all you need is a phone and a card.
The Rise of Sovereign Individualism: Cryptography, the Internet, and the Collapse of Governments.
Video transcription
“You’re looking at this and thinking, ‘Wow! Wouldn’t it be amazing if this worked?’ And then you realize, ‘Oh my gosh, it does work!’ National borders are just speed bumps in the information superhighway. Cryptography is really strong, so we can do whatever we want here. It might provide the equivalent of what the government does in a decentralized fashion.I talk about the collapse of governments.I think we actually saw that in the Middle Ages, probably as a result of the printing press. This is the story of a community of scientists, mathematicians, philosophers, and activists who believe that the internet, combined with recent breakthroughs in the field of cryptography, would upend society and usher in a new era of sovereign individualism. We have the power to begin the world over again right now, and there is an internal clash over the optimal path to achieving that goal. Can evil be done with this technology? Yes. And so what? Deal with it.
From the Fall of the Berlin Wall to Bitcoin: How the Cypherpunk Movement Helped Shape a Borderless World
Here’s the final installment in a four-part series on the origins of the cypherpunk movement and how it helped shape our modern world. We see a free world that has achieved a level of prosperity unprecedented in all human history. ‘Mr. Gorbachev, tear down this wall!’ If you had asked me 10 years ago, ‘Is it possible that communism could collapse by the year 1992?’ I would have said, ‘Absolutely ridiculous.’ The fall of the Berlin Wall was important to me because I thought it was the end of history and that national borders would cease being the walls of prisons. And so, a couple of years later, when I discovered the internet, I thought, ‘Oh, this is part of this pattern where borders and distance stop being barriers to people.’ Then I discovered a whole clan of people who self-identified as computer people.I found my tribe.
Cypherpunks: The Cryptography Activists Behind Bitcoin’s Privacy and Decentralization
And among that clan was the cypherpunks mailing list.”If you want to subscribe to our mailing list, send a blank email message and simply say “subscribe cypherpunks.” And what is a cypherpunk? What do you guys stand for? Cypherpunks are cryptography activists. The cypherpunks email list, which started in the fall of 1992, one year after the launch of the World Wide Web, became a gathering place for a global community interested in using cryptography to allow individuals to communicate and transact on the internet privately and without interference from a central authority. In the last 20 years, basic techniques to do all sorts of impossible-seeming things have suddenly emerged. Put them into practice. Many cypherpunks were inspired by the work of computer scientist David Chaum, who had demonstrated that it was possible to use cryptography to build an anonymous payment network that ran on the internet.
Cypherpunks and the Crypto Anarchy Movement: A Divide on the Future of Economic Freedom
Because of the cypherpunks and the science papers of David Chaum, I thought the third thing that’s going to happen is economic freedom. That people are going to be no longer constrained by national borders and distance from cooperating, sharing resources, and helping each other. But at this watershed moment of collapsing borders, there was a divide within the cypherpunk community over whether these cryptographic tools would lead to more individual freedom, free trade, and the spread of democracy, or the end of government altogether. The cypherpunk movement’s most influential figure was the physicist and intellectual provocateur Tim May, who coined the phrase “crypto anarchy.” He saw the fall of the Berlin Wall as evidence that the societal institutions we take for granted could collapse in short order, just as they had in the Middle Ages.
Cypherpunk Manifesto: How Cryptography Would Upend Society and Protect Against External Threats
We saw the little principalities, the monarchies, the religious, the papal states; we saw those collapse probably as a result of publishing and printing. May wrote a one-page summary on how cryptography would upend society. She sat down at her Macintosh and loosely patterned it after the Communist Manifesto, stating that “a specter is haunting the modern world, the specter of crypto-anarchy.” May believed that cryptography was incredibly strong and could protect us from external threats such as observers, watchers, and imposers of the past. She was skeptical of the idea that humanity was witnessing an unabashed victory of economic and political liberalism or that it was possible to overcome tyranny through collective action.
Cypherpunks’ Technology-Based Theory of Historical Change in the Age of Bitcoin
May embraced a technology-based theory of historic change, summed up by the movement’s tagline coined by mathematician Eric Hughes: “cypherpunks write code.” This meant building systems for anonymous transactions on the internet, making the arbitrary divisions of the political world irrelevant. May believed that arguing, complaining, lobbying, and politics had nominal effects, and that what changes the world is technology adoption and society shifting its viewpoints. National borders are merely speed bumps on the information superhighway. Online cryptographic networks should be structured like geodesic domes, a form praised by counter-cultural technologists in the 1970s for being in harmony with nature and highly resistant to external attacks. Networks with no owners and many interconnecting nodes would be virtually unstoppable.
Cryptographic protocols enable decentralized solutions to traditional government functions in a geodesic market
In a geodesic market, “economics will no longer be the handmaiden of politics,” noted cyberpunk writer Robert Hettinga. “Nation-states will eventually be as ceremonial as modern-day constitutional monarchs.” This idea of many-to-many connections was clearly going to happen, but it was much easier to build a functional network for cooperation and trade when relying on a central authority to enforce the rules. How could we use this weird crypto technique to solve this strange, esoteric little problem that in the real world is solved by knowing someone’s social security number or having a government-issued ID to open a bank account and link it to a loan? It was trying to deal with those problems that led to the idea of buying and selling property in cyberspace using cryptographic protocols and finding ways for people to provide the equivalent of what government does in a decentralized fashion.
Cypherpunks’ Pursuit of Electronic Cash: A Key Component in Building a Borderless World
Tim stole some ideas from my Machinery of Freedom and reprocessed them with all this technological stuff, and then I stole them back.A function of government that was particularly hard to replicate using cryptography was the issuance of money. The cypherpunks attempted to build a borderless internet currency system that was as anonymous as cash and, like gold, held its value without the backing of a central bank. Gold makes very good money because nobody can readily manufacture more of it, to put it mildly, whereas bits are perfectly copyable, making it quite difficult to turn them into good money. Tim May and many others considered electronic cash to be the holy grail because it completed the picture. May argued that a private and decentralized monetary system was a key component in constructing a new borderless world where the activities and assets of individuals would be resistant to government control and confiscation.
High-Tech Hayekians: Using Technology to Demolish Walls and Divisions in the Existing World.
If you don’t physically meet the person and don’t even know what continent they’re on, you can’t coerce them. However, there was another faction within the movement that rejected Tim May’s vision of cordoning off a new world in cyberspace. The High-Tech Hayekians were people like Eric Drexler, Mark Miller, and Phil Salin. They focused on designing secure computing systems based on economic insights, particularly those of the Austrian-born Nobel Prize winner Friedrich Hayek. Instead of building a new virtual world shielded from government interference, the High-Tech Hayekians sought to use technology to demolish walls and divisions within the existing world. They imagined that introducing new tools for human coordination would gradually erode the government’s ability to impinge on our freedoms. We did lots and lots of fantasizing about how the world could be different, but we saw this as emerging from inside the world.
Cryptography and Bitcoin: Tools for Gradual Transformation towards Less Corruptible Systems
Cryptography was a tool for porting economic concepts and legal structures onto the internet. But the aim was to foster new forms of peer-to-peer commerce and knowledge sharing. The High-Tech Hayekians believed that even imperfect systems can gradually transform society from within. The overall arc of world history is towards the rule of law and less corruptible systems. If the emergence of the world of crypto-commerce creates systems that are vastly less corruptible, but under a whole mix of different mechanisms and governance regimes, such that they’re not always everywhere incorruptible, I think that’s fine. There’s a lot of power in providing people with tools so that they can successfully start to act more like you would like them to, as opposed to “You’ve got to come over here where it’s really hard edge encrypted and it works exactly the way we want.” No, let’s raise people’s levels incrementally, and that’s an improvement in the world.
Crypto-Anarchists and the Dark Side of Cryptography: The Controversial Views of Jim Bell
For many cypherpunks, the darker side of crypto-anarchy was epitomized by the writings of a chemist and electrical engineer, Jim Bell, a participant on the email list, who in the mid-nineties compared aggression by the state to that of muggers, rapists, robbers, and murderers, and posited a cryptographically protected marketplace in which anonymous individuals could, in effect, pay to have government employees killed with the goal of destroying the state. In 1997, Bell was arrested and went to prison for, among other things, dropping a stink bomb on a government building. Tim May distanced himself from Bell’s writings and activities while maintaining that marketplaces for assassination, like the one Bell had described, might be both inevitable and desirable. Can evil be done with this technology? Not just the internet, but especially the crypto part of it? Yes. And so what?
Zimmerman’s Regret: PGP and the Consequences of Technology in the Age of Bitcoin
Deal with it. Zimmerman once told me that he sometimes regretted introducing PGP to the world because it could be used by Al-Qaeda or the Taliban or other groups. I say, so what? I’m not morally responsible. It would have happened whether we existed or not because technology has its own logic, and people want to do what they want to do. They want free stuff and the freedom to do things. Even if they say it should be regulated, they often make the conscious decision to copy music or videotapes they want to see. BlackNet is a negative consequence, and I’m not interested in creating that. When you build technology to solve problems, there are consequences that we try to think ahead of, look at, and figure out how we might address and get ahead of the downsides of what we build. That’s responsible development, and we certainly engaged in that.
Cypherpunks’ Dream of Human Freedom and Bitcoin’s Role in Democratizing the Future
Talking with Tim May and putting on that “What if I was a black hat” kind of thing was certainly a useful foil for working through those kinds of ideas, but that’s absolutely not what cypherpunks were. So, the progress of the spread of democracy, if you take a sufficiently long-term view of it, has been quite remarkable. Our dream was to enable the future of human freedom, and we had this bizarre confidence about how the future would unfold and to use Alan Kay’s famous phrase, have a huge hand in inventing it. But the road had a lot more weeds and detours than we could have anticipated. When we first launched, we were hoping for maybe 400 or 500 people. Now we have 100 thousand people, so who knows where we’re going next? We’re using the ever-growing storage capacity of servers belonging to companies like Google. Instead of it being on your server under your desk, that stuff is being taken care of for you. Professionals keep track of all the programs and data. Who doesn’t want a simpler life?
The Dark Side of Internet Freedom: Surveillance and Data Collection in the Age of Bitcoin
I find this way of working simpler. What do you do with half a gigabyte of information on your customers? They want to know everything about you so they can sell you stuff, resulting in each person getting a digital proctology exam. The NSA specifically targets the communications of everyone. Over the next quarter-century, the internet would make an explosion of individual freedom and information sharing possible, just as Phil Salin had predicted in 1991. However, it would also grow into a surveillance apparatus that bore out the dystopian vision of journalist David Burnham in his 1983 book, The Rise of the Computer State. “Large bureaucracies with the power that the computer gives them become more powerful and escape the checks and balances of representative democracy.” Facebook collects information that the East German Stasi would have killed for.
Bitcoin sparks a new wave of cypherpunk activity in the aftermath of the financial crisis
I think that most people are quite happy to hand over all their information online in return for a few pictures of their high school friends, kids, or whatever. By the mid-2000s, it seemed the cypherpunk movement had mostly failed. Then came a global financial crisis followed by massive bailouts by central banks. On October 31st, 2008, a pseudonymous inventor named Satoshi Nakamoto shared a white paper describing a new peer-to-peer, non-governmental monetary system, pulling together technical and philosophical concepts developed on the Cypherpunks’ email list. Within a few years, the movement was reborn with a new generation committed to enhancing personal freedom and privacy with cryptographic tools. It’s like discovering an oasis when you’re lost in the desert. Bitcoin is single-handedly responsible for the current wave of cypherpunk activity.”It’s always messier than visionaries can anticipate because reality is bigger than any one head.
Building Bitcoin Architecture to Safeguard Human Freedoms in the Face of Historical Dynamics
We’re still on the road in the quest to build architectures that amplify human freedoms and protect us from the dynamics in the other direction.”
Digital asset investment products broke its six-consecutive-week of outflows strike and recorded $160 million in inflows during the week of March 20, according to a CoinShares report.
Last week’s inflows mark the most significant positive movement since July 2022, as the CoinShares data indicates. Crypto-based investment products have been recording outflows since the beginning of February — with aggregate value reaching $408 million.
The report acknowledges that the inflows were seen relatively late compared to the broader crypto market. It notes that it might be due to “increasing fears amongst investors for stability in the traditional finance sector.”
Weekly crypto asset flows (Source: CoinShares)
The largest outflow was recorded during the week of March 6 at a total of $255 million in outflows. At the time, this amount represented 1% of the market and wiped out inflows recorded for the whole year.
Flows by asset
Bitcoin (BTC) based investment products recorded the most considerable inflows with $127.5 million — accounting for almost 80% of the total amount.
Flows by the asset (Source: CoinShares)
Short-BTC and Solana (SOL) based investment products collected the second and third most significant inflows with $30.8 million and $4.8 million, respectively. Short-BTC has been recording inflows even during the six-week-outflow strike — indicating that the investment product collected the most inflows since the beginning of the year.
Ripple (XRP) and Polygon (MATIC) also recorded inflows worth $1.2 million and $1.9 million, respectively.
Meanwhile, Ethereum (ETH) based investment products saw $5.2 million in outflows. This marked the third consecutive week of outflows for ETH-based products. The report states that ETH’s Shanghai upgrade is expected to occur on April 12 — which could cause “investors’ jitters.”
Flows by provider
Regarding the flow of funds based on the providers, ProShares comes forward as it saw $68.6 million in inflows — accounting for 42% of the total amount.
Flows by the provider (Source: CoinShares)
21Shares and 3iQ closely follow as the second and the third by recording $17.8 million and $16.7 million in inflows, respectively.
Meanwhile CoinShares Physical and CoinShares XBT lost an aggregate of $8.8 million — while Purpose saw another $1.3 million in outflows.
The US invests the most
The report also noted that the U.S recorded an immense amount of inflows — contributing $69.1 million on its own which accounted for 43% of the total $160 million.
Germany, Canada, and Switzerland followed the U.S. — recording the second, third, and fourth most significant inflows with $57.8 million, $26.1 million, and $16.6 million, respectively.
Meanwhile, Sweden, Brazil, and France recorded outflows worth $5.8 million, $3.9 million, and $100,000, respectively.
Bloomberg Intelligence Senior Strategist Discusses Implications of Banking Crisis on the Bitcoin Market The ongoing banking crisis seems to be a pivotal moment for the global financial system and for crypto After the shutdown of two major crypto-friendly bags, the position of the crypto industry in the US looks increasingly precarious. On the other hand, confidence in traditional bags has been shaken and people are forced to look for alternatives. Bitcoin an asset without counterparty risk that can be self-casted may be that alternative. So what are the broader implications of the banking crisis on the crypto market? Is this the catalyst that will kick off the next Bitcoin bull run To find out. I talked with Microgron the senior commodity strategist at Bloomberg, Intelligence, I’m Giovanni, and on this show, we challenge the ideas that shape the world of crypto. In each episode, we assess a crypto narrative, a macroeconomic outlook or a potentially disruptive technology. Only the most solid ideas will make it to the other side.
Banking crisis defining Bitcoin as global digital coI just want to get a sense of what you think about the latest banking crisis and its relation with the crypto markets. So, in a recent interview you said that the current banking crisis is defining the value of Bitcoin. Can you explain exactly what you meant by that? So Bitcoin was born out of the last significant financial crisis or the Great Financial Crisis in 2009, and I think this one’s in the process of defining Bitcoin as global digital collateral? Now that’s the current state Bitcoin has done very well bouncing back above 25,000 resistance At the time we’re taping this on Wednesday, it’s around 27,000, while the stock market still is under pressure – And I think what’s happening – is we’re seeing a significant rally in Bitcoin this year.
How Bitcoin can outperform all cryptocurrencies after the banking crisis | Analyst explains
llateral, leading to significant rally in 2020.Bitcoin Gains Ground as a Global Digital Collateral Amidst Financial CrisisUp to about 73 %, Obviously it was oversold last year, but partly because people are realizing that it’s becoming more like gold and US Treasury bonds, but just a higher beta version of gold And it’s gaining accolades as maybe not so much a store value. Yet. But it’s global digital collateral in the world, that’s going digital, So this financial crisis is quite significant and it’s defining it And I think people are realizing the thing about Bitcoin, it’s no one’s project and no one’s liability and it’s completely independent, like gold. The thing is, it has a definable definition, diminishing supply and it’s so low as far as adoption in so early days – and this seems to be the trigger The banking crisis.I think when people realize “ – Oh my money may not be so safe in a fractional reserve banking system. It might be safer in a fully collateralized, stablecoin or crypto dollar .”. It seems to be hitting that inflection point that I’ve been looking for a while.
Bitcoin transitions from hedging against inflation to hedging against banking risks I’M just kind of during the headlights watching “ Wow. Is it really finally happening “ There used to be a narrative that defined Bitcoin as a hedge against inflation. Would you say that now this narrative has transitioned into Bitcoin as a hedge against banking risks? I think it’s going there because I never believed in the hedge against inflation because that’s so long term Bitcoin needs to be around for I think decades before that happened, It’s still just a baby. It’s just evolving! It’s so early days. It’s such a small portion of global portfolios, But as far as a potential hedge against banking issues, yeah, I mean it’s coming up there like with gold and Treasury bonds. Now that’s just a high beta high-risk version, but I think it’s people are realizing “. Well, I really probably have to have some of this, particularly if I’m looking to get away from risk assets like the stock market.
Expert dismisses fears of US authorities “debunking” cryptocurrencies as short-term fear-mongering This Bitcoin stuff is if the stock market, if risk assets, do recover, it’s probably gon na outperform “.I just want to touch upon some of the fears that have been going around for quite a while in the US, because a lot of people were talking about this Operation. Choc Point 2.0, which is basically this narrative according to which the United States authorities are trying to debunk crypto in the US. How big of a threat is that? Are you not concerned about this trend? I’m surely concerned, but I think it’s much more short-term fear-mongering and it’s typically not going to last. It’s part of what this is an overwhelming, rapidly advancing technology and most astute smart people in this country get it Some don’t They might be incumbents in power, but, like all the major changes in history, even like the key thing, the obit development of Eurodollars, that Was not really the trading of US dollars offshore and banks? Was that really supported by the US government, we’re seeing?
Bitcoin Growth May Face Pushback from Current Administration, But Long-Term Adoption Unstoppable Despite Fed Policies, Banking Crisis I think this is just overwhelming. So I think I don’t know where that’s going to go. I do know if the current administration continues to push back. They’re likely to be voted out in two years anyhow like a chairman of the SEC, But two years left, and I don’t know when I had to define that so much. But it just means that it’s going to be a pushback in the shorter term. But in the bigger picture, it’s really going to be hard to stop. This technology. We know that the growth of the price of Bitcoin is still very sensitive towards the US, and Fed monetary policies and how aggressively these monetary policies are being handled. So a lot of people saw this banking crisis as this turning point where the Fed is going to say “, We have been tightening too hard, and now we are basically being hit by the collateral effect of that .”. So a lot of those banks collapsed because of the two aggressive hikes of interest rates that have been conducted in the last few months.
Fed hikes rates despite potential recession concerns in the global banking crisis Today we saw that all the eyes were pointed at the Fed, seeing whether the Fed was going to hike more or stop and try to prevent this banking crisis from continuing. So what is your reaction to the Fed’s decision today? They hiked rates, again. The ECB did a week ago, 50 basis points and it’s probably the last hike Markets are pricing for easing a little bit of easily, not a lot yet, but the bottom line is they’re, potentially tilting us towards a significant recession. Potentially depression, I mean the hike into you can’t be a hawk in a bank run is the quote from my colleague, Tom Orlik He’s our chief economist, and he wrote that a little while ago and they just did, Can we were having a big run. So the ECB, this is a global bank run and it potentially this country is just getting started. Remember it’s basically only been a year and one week since the first hike, the most aggressive hike on a global basis ever and there’s this rule of long and variable lags.
Expert predicts official acknowledgment of deflation as recession looms and commodities collapse So what I see is the bank situation is a tree in the force of what I’ve been pointing out for a while Commodities collapsing. Now, let’s just start getting started, because everything is tilting towards recession, except things like unemployment and unemployment can only go one way. It’s so low, it can only go up, which means the recession is virtually guaranteed. You look at things like the yield curve, so I think the Fed is just way far behind like they were so far behind in inflation. Now that inflation is potentially collapsing and I’ll point out that in a second, the leading indicators peaking housing, the banking crisis, and commodities means they should have stopped and they still hiked rates. So I fully see looking forward we’re going to have the official acknowledgment of deflation other from government statistics, not from forward-looking things like my commodities and the Fed tightening So they’re.
Banking crisis accelerates the next crypto bull run, but S&P 500 pressure could impact Bitcoin, says an expert. So far, behind the key thing we’re going to end with we’re going to find out what and get is now By this time next year, Giovanni when we’re talking, I’m pretty sure we’re going to be talking about significant enduring deflationary forces. The Fed, not easing with the ease that it has in the past. Everybody is waiting for the moment when the next crypto bull market will kick off. So has this banking crisis accelerated this perspective, or has it made it far further away? What is your view on this? I think the answer is yes, it’s kicking off the next bull run, but it’s very much subject to the ebbing tide of the stock market. We’re talking right now with the S & P 500 around 4,000.I feel expected to go to 3,000 in a recession, a normal recession, which is predicted the highest probability since 1982 from the yield curve, And that’s going to be a pressure factor in Bitcoin but potentially you’re hitting that inflection.
Bitcoin’s Sustainability Above $25,000 Could Indicate Takeoff Amid Recession, Says Expert Now, where this recession is going to be great for things like gold and long bonds And the thing is – is Bitcoin in there?I think it’s hitting that, but it’s just hard to say for sure, But I think the more the Bitcoin can sustain above 25,000 and the more the S & P 500, potentially pressures below 4,000. You can have an indication that Bitcoin is just going to take off and we have to get there. To touch upon your view on the crypto dollar, so the stable coins dollar-backed stable coins. What we saw is that a very respected, stable coin USDC had a significant amount of their reserves in a bank that was a Silicon Valley bank. It collapsed and it lost its bag for a little while So that kind of showed how these crypto dollars can also be very vulnerable to this sort of crisis. What is your view on that? It’S funny. It’S unique that the In the banking system, they did it in banks outside the U.S. and created the Eurodaux system. This is happening in crypto dollars and it’s happening fast.
Bitcoin Expected to Continue Outperforming Ethereum Amidst Global Economic Recession, Says Analyst The technology is overwhelming and we know that now Ethereum is going to turn fully proof of stake by allowing staking with the Shanghai upgrade. What do you think Is Ethereum going to outperform Bitcoin this year? So far, Bitcoin has outperformed virtually all crypto assets and if my base case of a severe global economic reset recession pans out, I think Bitcoin will continue to outperform. I see Ethereum right now, stuck between a thousand and two thousand. Now it’s at 1700 and 2000 is very good resistance. It is the base layer for the tokenization of crypto dollars and things like that. But now we’re in that stage, where I think, if I’m correct, the stock market goes closer to three thousand S & P 500 and gold and treasury bonds. Outperform in this significant recession in the US, Then I think Bitcoin will outperform virtually all cryptos, including Ethereum. That’s been the case so far this year, It’s the existing trend and I think it’s going to accelerate more.
Strategist Warns of Economic Hurricane and Predicts Bitcoin to Outperform Other Cryptos. We have to get through this bump in the road and the bottom line, to remember from my standpoint as a strategist is that it’s my duty to warn people when I see a hurricane coming, I see a hurricane coming economically man, It’s just based on what you see We started speaking about it earlier and it’s central banks tightening despite a bank crisis and despite forward-looking deflationary forces, Bitcoin will probably be the best performer among the cryptos, including Ethereum. Well, Greg awesome Thanks Dr. Mike for giving your outlook in these complicated times. Let’s talk again very soon, Looking forward to it Giovanni, and thanks for having me on
Crypto short-sellers saw massive liquidation in the past four hours as the market pumped on the back of inflation numbers remaining within expected bounds.
CoinGlass data shows that more than 85% of the $151.24 crypto liquidations over the period were short positions — amounting to roughly $130 million as of press time.
Meanwhile, long liquidations over the same time stood at a little over $21 million as of press time — less than 15%.
Meanwhile, liquidations hit $223.65 million in total over a 24-hour time frame — with short liquidations amounting to $175.82 million and longs amounting to $48.76 million.
Approximately 57,721 traders were liquidated over the last 24 hours.
BTC liquidations
Over the past four hours, a little over $57 million was liquidated in BTC short positions as the flagship crypto breached $26,000. Long liquidations over the period stood at $11.71 million.
BTC was trading at $25,927 as of press time after getting rejected by resistance at $26,500.
Total BTC liquidations over the last 24 hours amounted to $103.61 million — $49.15 million of which was liquidated in the last four hours.
ETH liquidations
Ethereum short-sellers saw similar pain over the period, with a little under $40 million in short positions liquidated in the last four hours. Long liquidations stood at $4.65 million.
Roughly $56 million in ETH positions were liquidated over the past 24 hours in total — with about $21 million liquidated in the past four hours, as of press time.
The largest single liquidation was an ETHUSD position and totaled $10.01 million, according to CoinGlass data.
Exchange numbers
The vast majority of liquidations over the past 24 hours — 34.28% — took place on Binance. Short liquidations made up 73.53% of the $75.83 million total and stood at $55.76 million.
OKX saw the second most liquidations — 22.08% — over the period, with short liquidations on the exchange amounting to $42.07 million. Total liquidations on the exchange stood at $48.84 million.
Bybit also saw a significant percentage of liquidations — 18.1% — over the period, with shorts contributing $27.47 million of the $40.04 million total.
U.S. President Joe Biden will propose changes to crypto taxation in an upcoming budget plan, according to a report from the Wall Street Journal on March 8.
Biden’s budget plan will target wash trading
Biden’s budget plan could directly affect crypto investors.
The Wall Street Journal says that the president will propose a change to crypto taxation rules to target wash trading. Though rules against wash trading apply to stock and bond trading, those rules are not currently being applied to cryptocurrency trading.
This means that investors can sell certain investments and accept a tax-deductible loss before reinvesting — an illegal practice that the government undoubtedly wants to prevent.
The new crypto tax policy is projected to raise $24 billion. It will be part of Biden’s broader 2024 budget plan, which aims to cut federal budget deficits by $3 trillion over a decade. The proposal may not succeed due to opposition from the Republican party, which currently has a House majority despite Biden’s Democratic leadership and a Democratic Senate.
Biden is expected to release the new budget plan on Thursday, March 9.
Other changes to crypto taxes
While Biden’s changes are not guaranteed to come into effect, various other recent tax policy changes will affect crypto investors in the U.S. this tax season.
The IRS expanded the scope of crypto tax rules in February. Those changes mean that anyone who has dealt with digital assets must now report their activities.
Other reports suggest that non-fungible tokens (NFTs) could be taxable. Additionally, some cryptocurrency exchanges began to provide 1099-B forms to their users in 2022, providing crypto investors with more information to report to the IRS.
Recent third-party surveys from CoinLedger suggest that many crypto investors have not included crypto transactions on their tax reports when necessary. Only 58% of those surveyed confirmed included cryptocurrency on their tax reports in 2022.
In this article, I am going to be discussing the benefits of using the NFT (Non-fungible Token) system. In this system, there is no concept of ownership. This is a system that was developed by the Ethereum project. The idea is that you can create a unique token for any object. This allows people to have a unique token that represents a specific object. These objects could be a piece of art, an item from a sports team or even a virtual item such as a digital book.
The NFT system is being used in several different projects. One of the biggest ones is the CryptoKitties game. In this game, people can buy and sell unique cats. There is also an auction system that allows people to buy and sell rare items. Another big project that is using this system is the Augur prediction market. This project is a prediction market where people can bet on future events. The system is based around the concept of unique tokens. When someone buys a bet, they receive a unique token. When the event occurs, they can use their token to claim the outcome of the event. This is a very interesting system because it allows people to bet on anything.
The system has been tested and proven to work. The system is also very easy to understand. All you need to do is look at the NFT site. They have a lot of information about the system and how it works. There are also a few videos that explain how the system works. You can even see a video explaining how to create your own unique token.
The system has many benefits. One of the main benefits is that you don’t have to worry about someone stealing your property. You can keep track of everything that you own. This is not possible with traditional assets like stocks or real estate. If you want to know who owns a particular item, you will have to go through a lengthy process to find out. With the NFT system, all you need to do is look up the item and you will be able to find out who owns it.
Another benefit of the NFT system is that you don’t have a central authority that controls the entire system. With the NFT system you can create your own rules. For example, if you want to create a system where people can trade cats, you can create a system that does not require a centralized exchange. Instead, you can create a decentralized system where anyone can trade cats. This would allow you to have more control over your business.