@beastion
@beastion
My Entry to Cryptocurrency and Faucets ****The World of Cryptocurrency**** Many of us in the crypto-space might have been introduced or have our first taste of cryptocurrencies through faucets. At least for me that was the case. My first encounter with a cryptocurrency faucet was through an online game forum a year or so ago. Of course I have heard of the term “cryptocurrency and Bitcoin” here and there before that but didn’t really bother or put much thought into the…
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Cryptocurrency, Ban, and Mass Adoption ****Cryptocurrency Ban and Whatnot**** You probably heard how the Central Bank of Nigeria released an official letter prohibiting all Nigerian banks from all crypto-related transactions You probably also heard of the Indian parliament’s plan to implement a bill that would ban all private cryptocurrencies from the country. Cryptocurrency banning was nothing new. China also attempted to ban cryptocurrency in the country years prior but…
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The Risk of Being A Night Owl ****What Is A Night Owl?**** Night owls is a term used to describe people who worked deep into the night and sleep really late. I myself was a night owl, not because my work requires me work deep into the night but because I used to game and study till the dawn to the point that it affects my daily life and performance in school. Despite sounding really cool, there’s nothing cool about being night owls. There’s also pretty much no benefits in…
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Bitcoin Mining and Climate Change ****The Argument**** Bitcoin mining uses too much electricity. Bitcoin mining is producing too much heat that’s causing climate change. Bitcoin mining activities are mostly centered in China which burns coal for electricity. Blah blah blah… Such was the usual rhetoric that would often come out of every Bitcoin critics and environmentalist. It was also one of their most used points of argument. I’m not saying that there’s no truth to their…
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Bitcoin: Too Big and Too Important to Ignore ****To the Age of Digital Currency**** Bitcoin had really come a long way. Who would have thought that a digital currency developed by a mysterious programmer who named himself Satoshi Nakamoto would become as big and as important as it was today. Maybe not even Satoshi Nakamoto himself realized the impact of the technology that he (and his team of programmer?) had developed. Maybe he had the foresight to see that the technology…
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Meditation: Its Benefits and Whatnot **Disclaimer:** *If you clicked on this article thinking that it’s one of those “help/tutorial” articles then you’ll be disappointed. This article is just my personal thoughts on the subject of meditation. If you’re an ardent believer of the benefits of meditation then you might find my article offensive. After reading this disclaimer and yet still chooses to continue then by all means keep reading. Anyway, you’ve been warned.*…
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BCH: Bringing the Market to the Masses ****A Vision Unfulfilled**** When Satoshi Nakamoto developed the cryptocurrency known as Bitcoin, he envisioned it as the currency that the masses could use for online transactions. To be more precise, he envisioned it as a cheaper, faster, and a more anonymous alternative to traditional online transactions. Did he succeed? Yes and no. Yes, Bitcoin can be said to have succeeded because BTC can now be used to pay for products and…
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Mainstream Media: The Crusades Against Cryptocurrencies ****The Mainstream Media Narrative**** The mainstream media’s obvious dislike for the blockchain and cryptocurrencies wasn’t exactly new nor was it a secret. When Bitcoin was introduced in 2009 there was barely any news about the new and disruptive technology. And even when Bitcoin was gaining popularity, the media’s reception of it was mostly negative – calling it a bubble, passing fad, and other derogatory terms in an…
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The Issue of Outlawing Bitcoin *****Disclaimer********:*** *This article is my respond to a view shared by Ray Dalio, the billionaire hedge fund manager of Bridgewater Associates, the biggest hedge fund in the world during his interview with Yahoo Finance.* *And as such, everything written in this article is based solely on my opinion and my limited understanding of bitcoin and the topic being discussed.* ****Outlawing Bitcoin**** Question 1: Can bitcoin be outlawed? Answer:…
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Keeping Fit and the Quarantine Belly ****The Quarantine Belly**** How’s that belly of yours doing? Is it still flat and sexy? Still rocking that six-pack abs? Or maybe the quarantine finally got you and is now sporting a belly not inferior to a barrel. If so, maybe it’s time to put down that pizza and bear and actually start working out? Being stuck at home with very little to do could certainly bring the laziness out of even the most hard-working person. I’m no different.…
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Remittance, Covid-19, Cryptos, and Ban ****Quarantine and Remittance**** While reading crypto-related news online, I came across an article with a surprising title: *African Migrants Are Turning to Cryptocurrency Platforms for 'Low-Fee Remittances'.* The reason I find this surprising was not because migrant workers are using cryptocurrency to transfer money but because these migrant workers still do it despite the fact that the central banks of Africa has tried to ban…