Wall Street isn’t known for their altruism or their love for Bitcoin, so what if they wanted to take control of BTC — or take it out of the picture?Image courtesy of CanvaDo you trust Wall Street? Me too! I’m kidding. I trust them as far as I can throw a ton…
Bitcoin
The Basics of Bitcoins and Blockchains-Smart Contract Basics
The Basics of Bitcoins and Blockchains-Smart Contract Basics | by Nabil MADALI | The Capital | Sep, 2021 | MediumIntroductionBlockchain Basics3. Smart ContractsSmart Contract BasicsSolidityPutting it all TogetherBest Practices
The Basics of Bitcoins and Blockchains — Solidity
The Basics of Bitcoins and Blockchains — Solidity | by Nabil MADALI | The Capital | Sep, 2021 | MediumIntroductionBlockchain Basics3. Smart ContractsSmart Contract BasicsSolidityPutting it all TogetherBest Practices
A Week After Bitcoin Became an Official Currency
By Elena Obukhova, founder & CEO at FAS | Fintech Advisory ServicesThe historical day when Bitcoin became an official currency in El Salvador and official foreign currency for the rest of the world started with Bitcoin price correction. Correction is never a new thing for the crypto community. However, this time majority of crypto people took it as a personal offense and an orchestrated attack on Bitcoin.Nayib Bukele, a president of El Salvador, said on his Twitter, “El Salvador just bought 200 new coins. We now hold 400 #Bitcoin,” referring to a discount on the market in his follow-up posts. On Tuesday (8th), they were already holding 550 Bitcoins.The whole global crypto community was watching El Salvador on this historical day. On the 7th and during the following days, people were going to large chains like Starbucks, McDonald’s, and different local shops to pay with Bitcoin and post it on their social media. The Crypto community was filled with excitement, I could see it from my Twitter.There were also some opposed movements before and after Bitcoin officially became a legal tender. Some people were claiming that they will be paying for this reform with their taxes. There were multiple protests happening in the country.Volatility is a relative termI always say that volatility is a relative term. Currency can’t be volatile if we don’t compare it to anything else. Imagine if all world prices, salaries, and settlements were in Bitcoin. Would it be volatile then? However, when it comes to the global market, purchasing goods from outside of the country, and conducting business in foreign currencies, the volatility of the national currency can cause a harmful effect on the businesses. Especially when it comes to small businesses and micro-merchants.Until now, Bitcoin is not the only official currency in El Salvador, as…
DIY Crypto Mining: How To Mine Bitcoin At Home
Overview of How to Successfully Mining Bitcoin From HomePhoto by Olya Kobruseva from PexelsBitcoin blockchain technology is a distributed ledger of nodes authorizing transactions between anonymous parties.Its key actors are miners using computational power to solve mathematical problems…
The Basics of Bitcoins and Blockchains- Algorithms & Techniques
The Basics of Bitcoins and Blockchains- Algorithms & Techniques | by Nabil MADALI | The Capital | Sep, 2021 | Medium
The Basics of Bitcoins and Blockchains- Trust Essentials
The Basics of Bitcoins and Blockchains- Trust Essentials | by Nabil MADALI | The Capital | Sep, 2021 | Medium
Crypto Investing: 5 Alt Coins To Buy During The Dips
Photo by Executium on UnsplashDid you buy the dips? What’s on your crypto altcoin list?The trend emerging this year in crypto investments is clear — investors, both new and experienced, are eyeing altcoins to invest in. As digital currencies continue to storm the headlines, the newer, smaller cryptocurrencies are gaining some serious steam.A quick search on Investopedia reads, altcoins are the other cryptocurrencies launched after the success of Bitcoin. If you head to CoinMarketCap or CoinGecko, there are thousands of altcoins and it can be difficult to know which ones to bet your money on.To help cut through the noise, I am listing five projects (plus a few bonus ones) that I invested in during the recent crypto crash. The cryptocurrency market dipped sharply last week and the popular sentiment among investors was ‘Buy the Dips’. Like most investors, I upped my investment in few of the projects I had already invested in and added new gems to my portfolio.LUNA has been getting a lot of attention in the past couple of weeks and is currently the 11th most valuable cryptocurrency by market cap.Priced at $41.90 at the time of writing, LUNA has appreciated by 29.20% in the last 7 days, according to CoinMarketCap.Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. Development on Terra began in 2018 and the mainnet was officially launched in April 2019.I invested in LUNA when it crossed the $30 mark after a colleague recommended it and it has been climbing the charts steadily since. Things look promising for LUNA as they have the rollout of Colombus 5 slated for late September. The update will simplify the stablecoin swapping process and introduce burning, enabling LUNA stakers to benefit through swap fees.One of my largest crypto holdings this year is…
Why El Salvador Making Bitcoin Legal Tender Is Bound To Cause A Domino Effect
The first domino has fallen, and Bitcoin game theory is in motion.The Bitcoin community has heard constant push-back since its inception. It started with that no one uses the cryptocurrency to that only small businesses has it on their balance sheet. Over the past year, the pace of…
The Basics of Bitcoins and Blockchains-Blockchain Defined
The Basics of Bitcoins and Blockchains-Blockchain Defined | by Nabil MADALI | The Capital | Sep, 2021 | MediumIntroductionBlockchain Basics3. Smart ContractsSmart Contract BasicsSolidityPutting it all TogetherBest Practices