Truly Behind the Play to Earn
Craziness is what we see with the development of the ***Axie Infinity*** blockchain game; its novel way of collecting the game has given shape to a highly profitable economic substrate for those who participate. Undoubtedly, there are many points of view, from the most fierce detractors who do not skimp on qualifying it as a bubble about to burst, to those, entire communities, who do not stop praising the benefits of a system that is demonstrating that blockchain technology and its greatest exponent, cryptocurrencies, are a key element for the process of economic development in new societies.
But really, for this article I will not focus on the magic that ***Axie Infinity*** projects, but on how this kind of working scheme, in its game facade, implements all kinds of innovative concepts that we know in the definition of decentralized finance. The form of capitalization and economy that forms around these blockchain games goes beyond a simple exchange and reward system; we are finding the development of financial centers wrapped in unique metaverses that will form an innovative integration with a body of underlying economics that will change many things and evolve with the advancement of cryptocurrency technology and the distributed system of record.
A game like ***Axie Infinity*** is awakening not only the enthusiasm of many people to opt in to a larger than estimated reward system, but it allows access to levels of financial growth only seen with cryptocurrencies. The profitability derived from these types of instruments involved in blockchain gaming is only the beginning for the development of new forms and measures that will involve the vast majority of people and will be the protagonist of a unique social impact.
Other metrics, although very timid, are growing exponentially, with people attracted to "*play to earn*", a term that exposes a broader concept. Interacting in these worlds to earn money is too attractive a formula to pass up, and if they are windows that open to monetize with digital assets that endure over traditional valuation, then the formula is completely unique. Although the concept is not new, blockchain technology leverages this world to expose its best cards and set those people on the deeper side of financial digitization. ***Axie*** is just the beginning of a whole revolution that promises a radical change in service structures, nascent businesses and boundaries that are drawn to form working environments developed to drive ready player one style players.
There are already prospects that follow the paths of *Lunacia*, we still find projects in development such as **MIST** that will soon find a unique alliance and with a trademark that only mega projects will register in their initial code. There will be more games that may have this classification and for sure there will be more in development, and maybe it will be touched in another article more in depth.
The interesting thing about all this is to explore what is really behind this concept of a single, decentralized and open economy. Of course, we are all free to investigate and come up with our own concept, beyond making money through cryptos, it is necessary that we have a different, deep and different vision of this kind of new age digital work center or focus.
Everything points to the same destination, tokenization is working and advancing by leaps and bounds; let's remember that together with the internet of things and artificial intelligence, blockchain is part of this new generation of development that will mark a unique item in the change we will be living as a society. Today we only see and really look for what is behind a game, but soon we will discover that it is a whole system that goes beyond the economic, it is a whole that seeks to build a new social structure born of these new times of pandemic. *Axie* is just the beginning, **MIST** and many more will be part of this range of new blockchain interactions, this will change the world.
It is interesting but with this article I make a request to this type of spaces to begin to treat a whole topic with the label play to earn.
This writing contains proprietary content and there is no room for plagiarism. You can also see it in my blog Publish0x under the following link that I place at the end of this paragraph.
https://www.publish0x.com/cryptographic-alchemy/truly-behind-the-play-to-earn-xelrnvg
Intuitive and Encrypted Financial Intuition
The paths we have for the implantation and implementation of cryptocurrencies are being given thanks to the firm belief of building a path towards a new agent precursor of a unique, flexible and more participative system. The dominance that we know, for years, will always be against all these movements that jeopardize a clear structure of discredit and slavery in reference to our financial freedom. There would be many institutions that would be sacrificed if they had a fixed competition with any cryptographic instrument that emulates part of their competition and that this would be diluted with the growing acceptance that it would have. Something like this, as a decentralized growth backed by the need and mixed confidence that we are left with only that absorbed by the current debtor system.
We see how *El Salvador* has taken a clear step in accepting a new form of financial interaction in which the people feel free to fully exercise their finances. Although it was to be expected that central entities would refuse such a decision, the subtlety of cryptos suggests new strategies that complement the empty attacks full of repeated arguments. The genius of *Bitcoin* (**BTC**) is always accompanied by new and original ways of integration closer to the users. The perfect example is the use of geothermal energy to boost mining activity in **BTC**.
There are many qualities that cryptocurrencies have, their decentralization is an excellent card that plays and protects against those who only articulate manifestos of impediments and incredulity, simply concepts already tied to timelines that refuse to modernity and the forced advance of significant changes. History has shown us that the results of the systems employed are already beginning to give us signs of failures that we must consider. 2008 was not a fluke and long before that *dot.com* was not a passing and educational panorama either. The visions of the future are no more chronicles of a situation already announced that we must avoid and that unfortunately we do not materialize in plural solutions but simply opportunistic not to unbalance the share of power.
But we must think that the smear strategies will be more and more elaborated and coordinated. I do not think that the situation of miners in *China* is a coincidence, even if the recovery of this branch is already looking for solutions to recover the *hash*, the misplaced concept of energy consumption, or the position of some *European* countries to curb the advance of cryptocurrencies of non-state origin by issuing a digital competition that will emulate the "*benefits*" that people see in cryptos. Certainly this financial competition already has its two clearly defined competitors and it was only a matter of time before it was conceptualized.
The new definition that will take much strength will focus on the growth of a bubble that makes no sense, a space devoid of concept that will only feed on the fluctuations presented by crypto and take this nuance as a repeated argument for the sowing of mistrust. It must be clear that **BTC** and cryptos are assets that are supported by excellent fundamentals but unfortunately are not reflected in the prices issued by the market. The need for these types of products to be effective is, in essence, a growth point in development.
The irony of all this lies in its attackers, who are on the lookout to be able to copy all this development in a centralized way. The threat of digital currencies from governments will be one of the key objectives in order to continue the struggle for democratization and valorization of financial entrepreneurship. We will see how the calls for radical regularization will begin.
The key remains not to go backwards, the real financial evolution is not only in form and concept but in essence and development. The difference of a more decentralized environment with the comfort provided by technology is what we want to engage in each of our activities without the paternal control that we have in the fiat world and its delegation with these centralized digital initiatives. We can only educate and activate ourselves in the correct use of cryptos and trust in the development of **BTC** and digital alternatives as models of advancement and progress.
As always I leave at the end of this paragraph the links to those articles that served as a basis for the development of this writing. They describe and treat in depth these ideas that are expressed in the words written here.
https://news.bitcoin.com/majority-of-salvadorans-skeptical-of-btc-as-currency-poll-finds/
https://moneyweek.com/investments/alternative-finance/bitcoin-crypto/603510/how-a-bubble-in-bitcoin-could-lead-to
The content in this writing is my own and there is no room for plagiarism. You can also find this article in my Publish0x space under the link placed at the end of this paragraph.
https://www.publish0x.com/cryptographic-alchemy/intuitive-and-encrypted-financial-intuition-xznwqqm
Innovation Leaders with more than just Expectations
The changes achieved by the internet can be an approximate to understand what is happening with *Bitcoin* (**BTC**) and *Ether* (**ETH**); each one with its concept and definition already established but with a clear objective and that is the promotion of a change to the economic and social structure that we currently perceive at this time. It is to be expected that this is practically ahead of its time and due to resistance and ignorance it does not manage to exploit its full potential in a total way but with some conquests that add to a trajectory that reaps benefits and that accumulates hopes for those who decide to be on this side of history.
However, now the emphasis is shared, **ETH**, for example, begins to generate very strong expectations that generate very interesting numbers. The growth of **BTC** is around 20% over its peak value, **ETH** is building the same path but with a backing of 220% increase in value. The functionality towards a financial automation, the beginning of smart contracts and other benefits that this ecosystem elaborates, makes this environment an economic system by default liberating from repeated bureaucratic initiatives.
The figures are also transferred to the opening of our accounts that are managed for this network, the increase has been exponential, with numbers of more than 170,000 daily addresses. This increase is clearly in the depth that users now have of the decentralized benefits that have been managed on this chain, now beyond decentralized finance are a series of tools and applications that put into practice all that cryptos can do and how they relate to our finances.
The reason why investment banks such as Goldman Sachs claim the enormous potential and how its growth could overshadow BTC. However, let's remember that BTC is more than just the first currency, since *Golman Sachs* also from the beginning was only targeting their interests; the qualification of these types of institutions only reinforces the fact that the concept that **BTC** issues is the key that they want to avoid and that they only question without reason what they do not understand yet. The concept of these centralized entities is still short, his words describe only doubts and frustration, otherwise, let's define then how the answer looks like with the famous digital currencies of the central governments.
Even the classification of BTC as a direct competitor to gold is now formal, in the words of *Golman Sach*, excerpted from an article on the Bitfinance portal, "*gold competes with cryptocurrencies to the same extent that it competes with other risk assets such as equities and cyclical commodities. We see gold as a defensive hedge against inflation and crypto as a risk hedge against inflation*."
However, risk and defense are not the same in the parameters of this type of investment entities, it is clear that they are parallel in investment concepts, more cryptos than gold, the succession as a reserve is increasingly defined and its status in the markets and the minds of levels and exchange is materialized in instruments of value.
Cryptocurrencies such as **BTC** and **ETH** have their own stories, they have their reflection in what society brings as monetary evolution, but we know that it goes beyond this whole range of precepts and concepts that we see in development spaces or comments. Both are important, both reflect the evolution that lies ahead. We just have to know them, have them and use them.
As always we leave in the description of this paragraph the links to those articles that served as a basis and inspiration for the content of this writing. These will help you to have a much deeper definition of the subject raised in this space.
https://www.diariobitcoin.com/mercados/ethereum-mercados/ethereum-en-cifras-a-la-vispera-de-la-proxima-actualizacion-surgen-mas-de-5-millones-de-nuevas-direcciones-en-el-ultimo-mes/
https://bitfinanzas.com/por-que-goldman-sachs-dice-que-ether-podria-superar-a-bitcoin/
https://bitfinanzas.com/banco-britanico-barclays-prohibe-a-sus-clientes-enviar-fondos-a-binance/
This is my own content and there is no room for plagiarism. You can also read this article on my Publish0x blog under the link at the end of this informative paragraph.
https://www.publish0x.com/cryptographic-alchemy/innovation-leaders-with-more-than-just-expectations-xknyydn
Adaptation....then Evolution...Nothing Will Change
With the exodus of forced capital resulting from mining, the market dynamics have taken a different course, delegating more time to a change of strategy that is not altered by long-term manifestations. The evolution of technology is given by the need to change and grow over time as a society to demonstrate a more updated civilization that is detached from many factors that radically alter problematic episodes that try to be avoided.
This is how we see in cryptocurrencies an advance as a unit, a complete perception of our being in a time according to the advances that surround us. Digital currencies, in a way, exist to give us back a property of value that we have lost with the use of many forms of exchange, including gold and silver. The tokens we know, especially *Bitcoin* (**BTC**), exist to "*dematerialize*," in *Michael Saylor's words*, property and bring it to life through the blockchain. Under this tutelage, **BTC** will come to absorb the properties of gold, silver and any other material or commodity, the blockchain will have a reason to materialize the real essence of things, without inflated measurements or forced speculation.
Digital property, a frontier that is opening up to us with **BTC**, cryptocurrencies and other digital alternatives, a terrain where the play of technologies will give people that impulse to seek financial equity and much more that is conceptualized in the new intelligent value chain. The only trend to follow and study is the growing use of technology and how it is empowered by its presence in our integral way of life.
The main axis of change, at the moment, revolves around the concept of the financial system, a market full of fluctuations that only guarantees the permanence of debt with the constant flow of cash. **BTC**, for its short time is also subject to these changes, however, in the medium to long term this trend will change as it will be fully recognized as a unique store of value over other, even traditional ones, with unique characteristics such as scarcity and security.
At this point, and for fear of looking to the future, China is missing out on a dominant competitive advantage within its networks, mining. The strength of this point in the supply chain is vital to the security and reliability of **BTC**, and whoever masters this strength will have a significant head start in the changes the world will face. **BTC** mining forms a reliable network, the most efficient expression of digital property, and the energy consumption it uses is only a negligible portion of what is actually consumed and its destination. This network is already migrating its sources to renewable and more environmentally efficient energy sources, already exceeding 70%.
This digital ecosystem that revolves around the **BTC** is nothing more than representative blocks of a new world that breaks the limitations of the materiality that we live and that make us suffer with barriers and stimuli. Banks and institutions know it, governments know it, the whole financial debt chain knows it. What cannot be controlled is feared, and the **BTC** is made up of everything that cannot be regulated, in its essence, hence the measures against the industry.
The mining industry is adapting at the moment, these changes did not really mean much to the market which is simply waiting for stability in the hash to return to the bullish path. It is unfortunate that China does not share this ideal, but it knows it very well by taking these measures to give the field to its own digital currency. This opportunity is very representative for everyone, for new spaces to develop mining, for those who want to get into **BTC**, to be able to mark a geopolitical space on the map and to have a greater investment appeal. **BTC** is adopting a new characteristic, that of absorbing every quality and amplifying it, and this is not a secret.
This information is my own and there is no room for plagiarism. You can also see this information in my Publish0x space under the following link placed at the end of this paragraph.
https://www.publish0x.com/cryptographic-alchemy/adaptationthen-evolutionnothing-will-change-xqmorqm
The STABLE Act, chronicle of a repeated review
Since December 2, 2020, when **the STABLE Act** was presented, and which was intended to regulate the issuance and control of stable tokens issued by private entities, in order to regulate this adaptation of credit and dispel the danger that this would cause to the already shaky position of commercial banks currently operating in the markets. While this document even expounded a certain protectionism for those with few financial resources, it only focused on amplifying the already agonizing agony that would, in the not so distant future, undermine the foundations of an institutional formation that would reinforce an idiosyncratic and solidly thought of hard currency as operating in the fiat system.
Now, 2021, with a whole series of events swirling around cryptocurrencies, the so-called stable currencies are now a link that could materialize as a regulated entity in order to curb what they call this "financial stability challenge". While the measure seeks to put under observation the sudden growth of the representation of a peer-to-peer system that seeks to extend a credit that will massify the potential use of cryptocurrencies, something that the current banking system cannot control and a legal recourse could give it time to either adapt or simply succumb to the digital cryptocurrencies of the central banks. The life of several institutions is at stake in the next few years.
At that time, tokens did not represent a tangible threat, but on the contrary, stable currencies lacked this confidence as they were considered as destabilizing legal tender as an alternative exchange system and, with the appropriate support, could drag many sectors to prefer them to fiat issues or even to the digitization of these in the systems close to implementation. The idea now, which outlined a way to control these private digital parities, is now extended under the name of reinforcing protectionism against cryptocurrencies.
We must remember that the approach that we want to draw is a total control through the digital currencies of the central banks who are simply the entities controlled by an endless bureaucratic management. Now, what if we start drawing these digital currencies with real hard assets, gold for example, silver or some other commodity, even *Bitcoin* (**BTC**) or *Ether* (**ETH**). The combinations and probabilities of reinforcing stable currencies increases the possibility of having a massive exodus to these financial instruments. The first facet of today's money is lost, trust is growing more and more in hard and alternative assets, and decentralized digital resources are part of this thinking.
Part of the beginning of **The STABLE Act** project will clearly have modifications, its mere comprehension and presentation before the House of Congress simply demonstrates a lack of vision and a poor knowledge of the subject. It is not even strange to indicate that it actually harms those minorities who see cryptocurrencies as that protection factor that for decades has been denied to them in the traditional financial system.
"*Stablecoins are growing rapidly in terms of market capital, and now account for approximately 20% of the total size of prime money market mutual funds*." A rather curious and dangerous statistic, not least of which is that the *Federal Reserve* (**FED**) will be moving quickly to issue its control over this issue. Again, we will see parameters set that will be empty, trust is an element that really counts and does not last in the hands of those who only turned the current system into a game, a meaningless paper drawing that will have no return in its management.
As always I leave at the end of this article the links to some articles that deepen this topic and touch on more relevant information and more direct access to the source consulted. You can observe and better generate an opinion about this topic to have a solid base about cryptocurrencies and their attempts of regularization.
https://es.beincrypto.com/regulaciones-stablecoins-positivas-o-negativas-industria-cripto/
https://es.cointelegraph.com/news/federal-reserve-official-stablecoin-growth-is-exponential-deserves-attention
https://www.diariobitcoin.com/paises/norte-america/estados-unidos/proyecto-de-ley-ante-congreso-de-ee-uu-declararia-ilegales-las-stablecoins/
This writing contains proprietary information and there is no room for plagiarism. You can also read this article in my Publish0x space under the link at the end of this paragraph.
https://www.publish0x.com/cryptographic-alchemy/the-stable-act-chronicle-of-a-repeated-review-xxyopod
Review, Study and don't go Backwards....Diamond Hands
Understanding the market in general is an arduous but necessary task to really understand what is hidden from us and if our interests point towards a common good or simply remain a game of speculation that surrounds the hopes of many. Certainly the *Bitcoin* (**BTC**) has become an extremely interesting focus for many and with it a duality is noted, an incredible struggle of powers that overwrite the concept of what this digital currency began to do since its inception in 2009.
Recall that since last year and with the bull market that **BTC** presented, many funamental have taken center stage leaving endless movements that have surprised many and still does. These aggressive rises and falls have been victims of situations and decisions lacking knowledge and the price of their graces has been expensive for many retailers who are not accustomed to the volatility and behavior of the dominance of **BTC**.
In these moments we have to be curious, to always promote this doubt that revolves around the bad propaganda about **BTC**. The environmental narrative and the laundering effect are arguments already repeated and very little defensible by those who see in danger their status within the current financial system. The truth is that **BTC** is synonymous with transparency, transferability and hard to hide conditions, and this is nothing more than several scary adjectives of what the digital future will be like for the systems that have always dominated from an insurmountable and dominant perspective, such as the system of indebtedness.
**BTC** is not only fighting for a complete systemic change, it is threatening the whole articulated system of issuance that makes the administrative and bureaucratic management of governments tremble. To let this transparency travel through the free market is to set an expiration date for several governmental systems and some commercial banks.
All this movement against **BTC**, environmental groups, short-sighted minds that are only satisfied with the headline and not the research, and even countries that only work with centralization coincide in systematic attacks that do nothing but strengthen the concept, possession and use of this currency. It is no coincidence that all this downward trend, fundamentals without effects, without any kind of foundations, attack weak minds and hands and spread a fear that **BTC** has not yet been able to control. Little by little it is necessary to work in these spaces where **BTC** must control the confidence and demonstrate that a freedom, in digits and hashes, is what is really needed to face a clearly systemic bubble.
The rhetoric taken by many countries always opens new opportunities for those who know that there is a safe way to disengage from the dollar, and **BTC** is it. Actions taken along the entire production line, from mining to consumption, are positive for many, as in the case of *El Salvador*, for example. *Latin America* is a region that has responded well to this doubt that covers many, with its ups and downs, is now positively evaluating actions and alternative ways to develop a growing economy different from the dollar.
They prohibit everything they can't control, and what they don't control has a guaranteed success. Just look at the number of companies and projects that want to get involved with **BTC** and expand their expectations with *altcoins*. In short, the future is not digital but the present, the coming war in binary codes will be radical and very strong. The digital currencies of banks and governments will have no choice but to hurry their way in the face of the dominance and speed they do not want with **BTC** and *altcoins*.
This article is self-contained and there is no room for plagiarism. You can also read this article in my Publish0x space under the following link placed at the end of this paragraph.
https://www.publish0x.com/cryptographic-alchemy/review-study-and-dont-go-backwardsdiamond-hands-xoolklv
A Universal Opening, UMA...The Beginning of a Whole
Definitely Decentralized Finance (**DeFi's**) are the way to the future, they are that digital terrain that is being prepared to build a defense that will help us against all that aberration of debt that is being created and growing around us. This is nothing more than a sure monetary restructuring that is being prepared with the reserves of value that will undoubtedly be in clear formation for an eventual aggressive devaluation, and part of this defense will be assumed by cryptocurrencies.
Among so many initiatives that are beginning to be developed, the role that a token is taking with its evolution in new fields is very striking. These are focused on financial innovation, the official flag of **DeFi's**. The *Universal Market Access* (**UMA**) project is one of those projects that is going under the table, its incredible concept puts its actions well ahead of its time, touching on transcendental and fixed issues such as personalized smart contracts or the tokenization of synthetic derivatives.
**UMA** is made for us to be the participants and masters in the elaboration of our own smart contracts, developed once again within the *Etherium* network and with all the knowledge and effort that a financial contract can give. The security in this contract is an important contribution that **UMA** will cover and the derogation of a third party is essential for this platform to be dynamic enough and can easily adapt to the dynamics of the users.
To understand a little the functionality of this token, basically its management revolves around a dynamic opening in removing those barriers that only large companies could pass and allow small and medium investors to digitize synthetic assets, on behalf of themselves and achieve a decentralization of markets. These systematic assets, whose prices oscillate in relation to the price of the asset backing them, achieve the financial openness that can only be achieved in the digital environment.
A step forward is how **UMA** should be seen, a different and well studied token concept that announces its full potential on the *Etherium* network, and as an **ERC20** token with an innovative complexity, it allows that layer one to work in function of ensuring good data verification.
News such as the scalability that is to be built into the *Polygon* layer is information that should help us understand the magnitude that surrounds this project. A way of interacting and linking compatible solutions is an important step for a revaluation, market and usage, in **UMA**.
The risk of a change of system is present, the monetary reorganization is a path that governments are already working on, their fear lies in the derivatives that may arise from innovations that are born from cryptocurrencies, and in particular from **DeFi's**. **UMA** is one of those projects that is bringing together a whole new range of experiences for those investors who want less third party protection and who want to integrate a whole series of guarantees that only a combination of prediction markets, futures and secured lending can provide.
As always, I leave at the end of this paragraph the links that helped me to build this article. Its content gives a more precise information about what is **UMA**, origins, creators and quotations of where it can be acquired.
**https://bitfinanzas.com/uma-anuncia-escalabilidad-a-todas-las-cadenas-compatibles-con-evm/**
https://patronbitcoin.com/uma/
This space contains own information and fractions of some articles whose links I place above this paragraph. You can also see this article in my Publish0x blog under the link I place at the end.
https://www.publish0x.com/cryptographic-alchemy/a-universal-opening-umathe-beginning-of-a-whole-xwwngww
The Show Must Go On.......without any Paper Machine
Predicting the Future is almost impossible, but if most are living in the past, by simply understanding the present you can develop certain qualities of becoming develop certain soothsaying qualities. This happens when you study well the fundamentals that support cryptocurrencies, a well-studied support can help to better understand the behavior that absorb these tokens that differs greatly from the price that is recorded in the markets.
The points that we observe in many analysts, *Bitcoins* at $85,000, $100,000, $288,000 by the end of the year, are not pulled out of the hat, or an *Ether* at no less than $10,000, are fundamental analyses that are nourished by the advances that this technological representation is causing and what it represents, a hope for many people, even in countries, of a future that looms quite controlling that the elite wants with all these centralized digital currencies.
All of us must focus on the fact that the economy cannot feed on the idea that printing money will solve all problems as this will eventually fail. All countries with a debt based political system, emblematic cases such as *America* or *Europe*, will not tire of making money and that these strategies are assigned by centralized bodies such as the US *Federal Reserve* (**FED**) or *Central Banks*.
Now let's compare these estimates with real numbers, just to mention the accumulation of the *US* debt already reaches 28 trillion dollars, only represented by a continuous succession of prints, this last one with a number of 6 trillion with the new stimulus and not even the first year of President Biden has been completed. There is no useful solution to this situation which is classified as an irreversible form and only leaves one to think that it is part of a response to make the current scenario fail and set up a new financial system headed by the centralized digital currencies of the Banks. The offer of this new scenario already sets the new era of what is known as economic rethinking to the digital in an unoriginal and more aggressive way in terms of the freedoms that this new model would curtail.
So it is not so far-fetched to think of numbers of more than two and three figures for currencies such as **BTC**, **ETH**, **DOT**, **ADA**, **LINK** or any other that manifests itself in a unique and decentralized development that does not depend on such a bureaucratic entity that branches the government. *El Salvador started* opening its eyes in making the right decision, it is a matter of time before we see others take this step and there are plenty of examples such as *Paraguay*, *Uruguay*, *Mexico*, *Nigeria*, *Tanzania* and even the dubious India.
We are reaching a pre-inflationary stage, the magic of the developed countries is beginning to fade and the wild card of the money printing machine is beginning to fade. Citizens will begin to experience the emergence of problems such as rising prices, the overflow printing of money decreases the value of the dollar; commodities and foods such as wheat or oil, will begin to experience frequent and wider alterations because we will all reach a point of not wanting anything to do with the dollar. We now have 40% more dollars than before the pandemic, when no one wants dollars, the supply will skyrocket and the value of this fiat currency will fall.
The show in many countries will go on, and the world is preparing to face a digital bifurcation, for many easy to respond, for others difficult because of the system of government that falls upon them. The options are summarized in a programmable, centralized and easy to manipulate money with a curtailment of freedoms in the style of the old system.
The alternatives will be sought by the people, this technology must be understood under a protocol to operate without anyone's permission. People think that the best investment is in the accumulation of dollars, I simply recommend to rethink very well your financial position, the changes are hard and there is still time to test new frontiers with cryptocurrencies and let the show run its course for others.
As always I leave in these spaces the links of some of the articles that served me as experience to form this writing. If you want to go deeper on the chosen topic, you can access each of these links and expand your knowledge on this material related to cryptocurrencies.
https://www.express.co.uk/finance/city/1449748/bitcoin-price-latest-news-cryptocurrency-India-asset-class-el-salvador-max-keiser
https://bitfinanzas.com/planb-bitcoin-llegara-a-288-000-usd-bloomberg-apunta-a-la-mitad/
https://es.cointelegraph.com/news/bitcoin-price-could-hit-85k-in-months-as-indicators-flip-bullish-report
https://www.finanzzas.com/realmente-rompera-ethereum-la-barrera-de-los
This writing contains proprietary information and is free of plagiarism. You can also find this article in my Publish0x space under the link placed at the end of the paragraph.
https://www.publish0x.com/cryptographic-alchemy/the-show-must-go-onwithout-any-paper-machine-xoognzy
Between Changes, Joys and Fears...New Levels
We continue on this road full of surprises and this week ***BTCMiami*** was not going to be the exception. The sudden decision of El Salvador to enter fully into the legality of Bitcoin has awakened a whole series of enthusiasm for many and fears in others. Certainly we are at the gates of what will be a power play that will mark the economic future of history.
Those of us in the cryptocurrency world knew that *Bitcoin* (**BTC**) at some point in its life would somehow take the course of legality. Many of us anticipated a giant initiative in some Asian country, but it was really El Salvador who gave us a lesson in humility, knowledge and independence. Now, this Central American country, with its courage and confidence, has ignited all the dormant machinery and is beginning to give real shape to **BTC** in a dominance of another level, we are talking about sovereignty in the financial system, unique and deeply repeatable. It is a question of time that other manifestations reach the order of these heights, cases like Panama, Paraguay, Brazil, among others will begin to have a much deeper legislation to know the benefits of a true financial independence and to be able to follow its implementation.
But not everything comes for free, the innovative actions of El Salvador have brought consequences for those who fear a progressive and aggressive advance of cryptocurrencies in the financial system. The *International Monetary Fund* (**IMF**) has already begun to express itself through a series of warnings about the risks of establishing cryptocurrencies and their accelerated adoption. The countries most affected by the debtor system are working, in a certain way, to find mechanisms and phases to unlink their reserves from the dollar in the face of a possible implosion, given the market conditions.
Along with this, references from institutions and Central Banks also maintain their position on what a regularization of currencies such as **BTC**, **ETH** and other alcoins within the balance sheets and accounting systems implies. The counterparties work on their own digital currencies just to be able to control and maintain those power shares and continue with the same colonial pawn system.
The **BTC** as a currency represents a welfare system, the security of a real wealth transfer and the integration in the entry into a new economy. The decisions that are taken around it should not concern anyone else, only those who are focused on the progress and receptivity of a correct permanence in the face of the disaster that means the audacity of the dollar and its continuous rupture within the system, an arbitrary solution that has long ceased to represent the economic intentions of many to be governed only by a few institutions that have for their niche market.
Comments such as the Deutche Bank report, which states that "*Bitcoin, like the rest of the altcoins, has crossed all the thresholds of the traditional market that can be imagined. This is a situation that should not be allowed*". Although this sounds more like a threat than a comment, his elaboration alone is born out of the competition they now believe **BTC** will have along with fiat money. Unfortunately, it is an overdue redemption, since the very moment the 2008 crisis loomed, all evidence of debt had already lost confidence and **BTC** was born to recover that balance that has been taken away from us.
The concern of central banks only reinforces what we know about closed financial control and clear regulation of digital currencies. This is the script they want to impose on everything that circulates in the markets. They will deny it, but **BTC** and cryptocurrencies have completely changed the rules of the game and have forced these types of institutions to evolve in order not to fade into oblivion. There are many scenarios to consider, and the regulatory framework that follows **BTC** is also very latent. The danger of the crypto world is not manifested by the wave of investors that is entering this crypto stage, but by the operations on the blockchain that are the new essence of future transactions.
As always I leave the link of some articles that touch this subject in more depth and will help you to have a clearer concept of the subject that is written in this space.
https://www.diariobitcoin.com/paises/centro-america/el-salvador/fondo-monetario-internacional-preocupado-por-legalizacion-de-bitcoin-en-el-salvador/
**https://bitfinanzas.com/deutsche-bank-bitcoin-y-el-criptomundo-traspasaron-limites-peligrosos/**
This paper presents its own information and there is no room for plagiarism. You can also read this article in my Publish0x blog under the link I leave at the end of this paragraph.
https://www.publish0x.com/cryptographic-alchemy/between-changes-joys-and-fearsnew-levels-xdgylwy
The Road to Serfdom
Returning to some words of *Friedrich Hayek,* I find an incredible compilation of a vision made reality, a certain sense of prediction when explaining that it was forbidden to experiment with money, in a way it has not improved and its situation has only worsened with time. The essence of these lyrics is not far from a reality that surrounds us today. What we see is generally material that has no value and the vision of governments clouds development by new measures of real progress. How right Hayek was.
The transition to a new digital model may provide an answer to this anecdote that is uncovered by the mere implementation of digital currencies. The *Bitcoin* (**BTC**) is an open and decentralized system that defines practically everything the Austrian school economist said.
**BTC** is literally there to gear everything, to achieve that balance especially the banking system. The records and crashes of the crypto market are simple manipulations that force new holders to abort ideas that are only wrapped in a debtor theme. Entering without being clear on the precepts of a decentralized economy will only generate chaos for those who have failed to mature with these financially shaking setbacks. The fundamentals and technology behind **BTC** and cryptocurrencies are far beyond the stock market records we see day in and day out.
However, the collapse of the fiat system can only be understood by those digital ventures that are developed from the bowels of government, that enhancement that is a hoax, those digital currencies that only focus on the needs of the central bank and that drag more towards a centralized system that controls everything and derogates in a more socialist approach than anything else. The end of capitalism is just a stop on the roadmap they want to implant in us, a ponzi scheme they are trying to maintain, something that would be defined as a road to serfdom.
This unit of account is unique in its world, the **BTC** will soon be understood in its operability by those who only comply with the denial of these recycled debtor managements. 70% of the world's reserves are held in dollars, these stimuli have the particularity of being delivered directly to the end users. The idea of centralization is a shadow that is already impregnated from the origin of these funds, completely clouding any idea or concept of free market. The big difference and the way to protect oneself from all this is to think already about the new evolution of money, the digital enhancement that only cryptos, in general, can offer.
The servidumbe is a pact that governments will try to avoid breaking, extreme and quantitative measures are taken as the only way to avoid a collapse. Migration to digital currencies from central banks are only leveraged solutions that are governed by the same criteria as debt. Digital currencies must be decentralized, free, must be considered to find something and create a shortcut. The only thing we can do is to try to find a shortcut and create something (*Friedrich Hayek*).
We are mere sheep going to the slaughterhouse. We must focus on learning well the free development environments that seek to give an access, a great opportunity for more and more actors of this counterculture movement to become interested (*Max Kaiser*).
This writing contains own information and there is no room for plagiarism. Likewise, the link to this article is left in my Publish0x blog, which I leave at the end of this paragraph.
https://www.publish0x.com/cryptographic-alchemy/the-road-to-serfdom-xvyemrn
De-dollarization, the Silent Spy
Seeing that the sovereign wealth fund that *Russia* is unleashing amounts to 186 billion dollars and does not represent a serious de-dollarization of the market, but it does mark a precedent that accumulates to the lack of confidence that the world's reserve currency has been presenting to the markets. Since the Second World War, its convertibility to gold and its breakup, the crisis generated by the dollar has not been easy to face; there are many who are already seeking to free themselves from a dependence of years in order not to be tied or committed to a fall that could generate gaps with the maintenance of this deficit.
Countries such as *Russia*, *China* and even close allies such as *Europe* are already beginning to see a not so reliable holding of dollars as a stable reserve, much less its use as a financial weapon. These types of impacts may be cumulative but they are beginning to generate certain changes and preventive movements before the release of debtor liabilities. It is already known the preparation of *China* and the opening towards its *digital Yuam*, the same with *Russia* and *Europe*, both forming the concept and scenario for their digital currencies.
Perhaps the pieces are already in motion for a new world order, in a proper concept and more to market actions, maybe the debt bubble is already showing predefined responses to a stage of bad financial conditions. The failure of debt defaults and excessive money printing as the only response only results in such expressions taking on real rather than fictitious value.
*Ray Dalio*, co-chief investment officer of hedge fund *Bridgewater*, defines these conditions as indicators and they manifest themselves after "*periods of large excesses in spending and debt, along with wealth amping and political gaps*".
The problem of money and debt forms a serious situation; if we put this together under unsuitable conditions, the quickest and most feasible solution is to print more money, but this does not imply an improvement in the standard of living. This is simply a warning that it is only feasible because it is manageable and very easy to control when instabilities arise.
Money can be understood to improve the quality of life, that is the basic concept that calls to be understood by the population, but it really provokes a devaluation effect on cash. The actions are clear to migrate to other financial assets such as gold or cryptocurrencies that increase their value in the current economic scenarios.
*Russia* knows it, and its movement and its intention, now clearer, is not strange. *China* and *Europe* are betting on a digital way to adopt the spaces that the dollar is gradually losing. However, it is far from ending the *American* currency, but undoubtedly, its position is not the same as before and its scope has well-drawn enemies, now in a more binary format.
The *Bitcoin* (**BTC**), *Etherium* (**ETH**), are two great strengths that can expand their capacity in these scenarios, they were made for this, when the government attempts to run out of money by operating under a large deficit, having large debts and not having access to adequate credit, the solution is currently maintained by the **FED**. Hence, buying hard assets, including cryptocurrencies, is a clear and decentralized escape route. This last adjective is the main axis to many things that are in sight for a clarity in our personal finances.
As always I leave the link to the articles that inspired me to develop this writing. Their reading touches on deeper issues and may help you to better understand the process that I am trying to explain in this article.
https://www.zerohedge.com/markets/russias-186-billion-sovereign-wealth-fund-dumps-all-dollar-assets
https://mundo.sputniknews.com/20200708/podra-china-deshacerse-del-dolar-1092013391.html
This space contains proprietary information and there is no room for plagiarism. You can also find this article in my Publish0x blog with the link at the end of this paragraph.
https://www.publish0x.com/cryptographic-alchemy/de-dollarization-the-silent-spy-xjmkkez
Playing to Win....the Final Step?
It is not a recurring theme that I usually approach, but the dynamics and the attraction that I feel for the world of online gaming makes me explore more this new modality that joins the blockcahin. I have already written some articles on this subject, but I wanted to go deeper into this business model which is the result of a continuous evolution and its future will be the future of a great surprise in the implementation of new economic models.
***Play to earn***is not a new topic, but it is the result of the combination of the technological world and the new frontiers of the digital challenge in innovative dynamics of the fourth dimension. Here we start from the free to play, a condition that was gradually growing but that entangled a whole underlying economy. The designs of these digital paradises work under a financial development where users pay for their participation and this simply translates into a bottomless barrel, a capital gain of more than 2,000 million dollars.
Capitalizing on this market represents a unique business model that can be enhanced with the particularity that only blockchain can offer. Games such as *Axie Infinity*, *Sorare*, *Sandbox*, or even the long-awaited *Mist*, present gameplay schemes mapped to the parameters and requirements of the blockchain. For starters, players own the characters in the game, there is no better concept of non fungible tokens (**NFT**) than the participation of characters, props and tokens to develop growth within this ecosystem. An economy that responds to the exchange of all these for values, a conceptualization of active and passive income that we see exploding in these times.
***Play to earn*** is a business model that proclaims the use of unique and particular securities. A form of decentralized finance can be studied and understood in these modalities, now exposed in the gaming world. The video game ecosystem may continue to grow, in its different ramifications, but the foundations of this new model are beginning to expand with great force.
A clear concept of ***play-to-earn*** is based on "*Developing a video game costs money and these games are created by companies. However, the benefit of the play-to-win business model is that a player always creates some value that can be sold. Even when a player needs to pay to start playing, these purchased items can always be sold again.*"
Currently there are several models, the most representative in my opinion are currently *Axie Infinity*, *Megacryptopolis*, *Aliens World* and *Sandbox* are the starting points that will completely change the mass of participation we have in the game world. The power references for the emergence of new systems that go hand in hand with *DeFi's* and other themes that feed decentralization, will be the frame of reference in this crypto world.
Evidently I don't rule out an explosion of games to come, for a short example we have Mist, a game that will run on the *Binance Smart Chain* (**BSC**) and whose *play-to-earn* potential is generating huge expectations. This is just the beginning and we will see well crafted games that will drive a sustainable economy suitable to drive all kinds of *DeFi's* scences. If not, look at the example of the Philippines.
As always I leave the link to the articles that inspired me to write about this topic. In them you will find more in-depth information on this particular topic. The games to win are a fact, and we already have references, the exposure of these will be monumental and will mark a before and after in the world of games.
https://www.playtoearn.online/whats-the-play-to-earn-business-model/
The information contained in this space is of own origin and there is no room for plagiarism. You can also enjoy this article in my blog Publish0x under the link placed at the end of this paragraph.
https://www.publish0x.com/cryptographic-alchemy/playing-to-winthe-final-step-xkymjml
From Cryptographic Subjectivity to Invaluable Intrinsics
In this fierce competition that cryptocurrencies embark on, a fundamental aspect stands out and it is to have and to define well what one has as intrinsic value. The gradual exchange of many of the things we need is given by the need to want them or not, and it is only under this precept that the interactions of trade are defined and the laws of the market are given life. Ignoring this would definitely put an end to the existence of the system as such and would only limit us to a gradual change without any purpose of growth.
Gold in itself is a market of more than 6000 years, desired by many, appellation of value in many things at industrial, commercial and even aesthetic level, but not necessarily at the same time or with the same intensity in many places. Its value varies in relation to the demand that is given at different times, hence its variation and its movements in the exchange.
The insistent criticism, beyond some particularities in energy consumption, has also focused on the intrinsic value, as a lack within *Bitcoin* (**BTC**), *Etherium* (**ETH**) and all the other cryptos that make life in the digital space. Their issuance leaves only doubts as to what is the contribution of these and other particularities that are not clarified by the mere existence of these coins and tokens. However, the reality of so much ignorance together shows that it is an unfounded denial in the emptiness of concepts proportional to the full potential of cryptocurrencies and its great particularity is exposed in that no government can technically prevent its use.
The centralized value has a high cost and denies any intrinsic value that any material, metal or paper may have, and this also applies to gold delegating its use to other areas to accept and maintain a value that the market needs and thus continue to serve the speculations, really limiting its value.
Cryptos will face, in the near future, a regulation properly given by entities that see them as a form of dominance, but with only a forced intervention due to the lack of credibility reflected in their currencies. Even with their intervention they intend to compete on the basis of their own digital currencies in order to issue a presence that separates the existence and attention of tokens such as **BTC**, **ETH**, **LTC**, **ADA** **XRP**, among others.
The marginal utility of cryptocurrencies is in the process of adapting new values that prevent it from decreasing and base its value on subjectivity. The new forms that build ecosystems like *Etherium* and all its layers 2 are only a part of what decentralization and true independence really means. A way to develop value in other areas and with other developments.
The change is a new adaptation of value, the times and even the market demand it, new actors who participate in new ways of managing the economy but in the same field. It is normal to see resistance from the old players, but it is only a matter of time before their arguments become inversely intrinsic to reality.
As usual in the construction of these articles I leave links to some sites that reinforce and deepen the concepts mentioned here. At the end of this paragraph you can see the material on which this information was elaborated.
https://www.bbc.com/mundo/noticias-55618604
https://www.eleconomista.com.mx/opinion/El-Bitcoin-de-Schrdinger-20210219-0039.html
https://www.oroyfinanzas.com/2014/01/valor-intrinseco-oro-fisico-bitcoin/
This writing contains proprietary information and there is no room for plagiarism. You will also find this article in my Publish0x space under the link placed at the end of this paragraph.
https://www.publish0x.com/cryptographic-alchemy/from-cryptographic-subjectivity-to-invaluable-intrinsics-xnqvyke
The Green Side of the Force
Irreversible is the most appropriate word to describe the pattern that will now be marked in the **DNA** of the *blockchain*. Certainly this whole merry-go-round of statements has made it clear that a green commitment to cryptocurrencies is marked. Since *Elon Musk's* famous comment, the radicalization towards a more environmental point of view has marked the narrative of many actors to focus and be more consonant with the demands of zero carbon emissions and end up taking advantage of renewable energies that grow in many forms and conditions.
Perhaps this comment from the **CEO** of **TESLA** has finally awakened the backbone that cryptos are looking for, especially those with a strong push from the mining sector to seal a commitment to work towards a pact with green energy, a key force in the 21st century.
We are already starting to see commitments from companies looking to add zero-emission or carbon neutral systems to their curriculum to be taken into account again but this time in a different way. **PoW** does indeed produce a lot of energy consumption, but if we focus on the new green trend we can see a new opportunity presenting itself in the main cryptocurrency market. With *China's* refusal of mining activity and the punishment that falls on the other stages of **BTC**, the 60% hash coming from Asia could be downgraded and delegated to those countries with more access to this type of technology and with a much more open performance to the crypto ecosystem. Again, the avenues are open to follow the potential of this market.
These actions find stronger covenants with renewable energies and reinforce the utilization of renewable energy generation. It is incredible that we are seeing more feasible changes, something that other fields, markets and businesses do not even include in their proposals for this new decade to come.
Now, it is important to point out that those cryptocurrencies that do not present or have a change of perspective will have no future. The ecological harvest of ideas that we will begin to see will find very deep and rooted changes in the environmental issue. A lack of proposal with current, current and new tokens will not be valid if they do not demonstrate new forms of energy balance, and this will align with all the stages we know of in the development of tokens; from their concept and supply to those that have a system of rewards through mining.
The world economic future already has a digital face, the visionaries started this journey since 2010. Already in this new ecological stage, the game board is changing and many players will feel the pressure towards a more environmentally friendly event. The bullish break in this last stage has shown us that those who differ from the concepts of **BTC** and cryptos will continue to be on the lookout until they have a clear position on this issue. Institutionalism would be more in favor of a clear investment if there is zero carbon footprint.
The ball is in our court and it is up to us to play and launch the next move. In all this bearish sea, there is no better position to take advantage of a new, greener image. But from this point on, we must have a unique clarity that this position has no way back and everything related to the cryptographic environment must be on the green side of the force.
I leave the link of an article that reinforced me a lot the new concepts that must be adapted in this new stage not only of mining but of the crypto ecosystem in general. It touches mainly on Bitcoin, but it is well known that the general representation of this new facet should be extended to everything related to the crypto space.
https://bitfinanzas.com/el-mundo-criptografico-se-torna-ecologicamente-sostenible/
This writing contains proprietary information and there is no room for plagiarism. You can also read this article in my Publish0x space under the link at the end of this paragraph.
https://www.publish0x.com/cryptographic-alchemy/the-green-side-of-the-force-xerqrzv
A Symphony of News...a Requiem for Bitcoin?????
This week was quite eventful and hectic for many. Most of us experienced one of the first movements since 2019, and part of what happened I think was necessary, a much demanded response to heal the price of *Bitcoin* (**BTC**) and some cryptocurrencies. Undoubtedly, coordinated attacks were also combined to the sound of a requiem to cast doubt on the foundations of **BTC**.
The quasi-coordinated attacks by the United States and China were orchestrated to call into question the effectiveness, decentralization, and vanalization of the use of **BTC**. Certainly we are again experiencing the same levels of attacks but with totally different responses. One particularity that should be noted is that the crypto market, in general, has matured a lot since the last banning record that was experienced due to the energy consumption and pollution levels that were associated with **BTC** mining activity.
If we initially review the history of **BTC/China**, we can count that there are about 7 cases in which the Asian giant presents measures to disable operations with cryptocurrencies, from centralized exchanges to the mining process, the latter being the most recent with the statements made two days ago. It is also worth mentioning that China is working on the inclusion of its digital currency (**e-CNY**) in order to detach itself from western influences in favor of non-restrictive economic development, something it still has in relation to the dollar.
But with the characteristics and receptivity that the **e-CNY** is generating in relation to what is expected, there is still a long way to go. While this government initiative projects to be an ambitious step, it still leaves doubts as to its real purpose. The control of the economy, the level of spending, even the time of use, are issues that the population itself is not used to and the level of adaptation would not seem to be easy unless the most radical option is taken, such as imposition by force. Nothing attractive for foreign investment.
This type of model, not being the only one, is not as provocative and its concept is clearly the definition of deep invasion of financial privacy, going so far as to set spending schedules is not exactly what is wanted. The imperative of programmable, according to Bloomberg, "*comes with an adjustable expiration date that could, with the flip of a switch, encourage spending during economic downturns, or allow regulators to instantly turn off the electronic wallet of anyone in trouble with Beijing.*"
Similarly in the Bloomberg review, "*no one can figure out why they need to use a digital currency that allows authorities to spy on all their activities, when existing alternatives offer everything the digital yuan can do*."
Nor is the **BTC/US** meeting lagging behind, the concept of taxing transactions over 10K only shows that a concept of regularization will begin to be intertwined in the framework of moving towards the digital dollar. An almost palpable fact with the financial disaster in full view with hyperinflation and the massive loss of confidence in the dollar in relation to consumer perception.
If these are the packages offered by the state digital currencies, imagine what features will be developed in the others, whether they come from the Central Banks or the State itself. The difference with **BTC** is huge and there is already an awareness of the direction they want to take. The attacks of the *United States* and *China* again against tokens, especially with **BTC**, only show that there is a war already declared to try to convince and communicate a trend of which is the best adoption of payment. But we know that the requirement presented is more of an institutional ballad about the inorganic elements in full development.
The market is the one that decides what is the store of value, this is really described as a coordinated attack which is at the highs. The confirmation of the bull market in **BTC** is a fact, even if it is at the halfway point.
I leave at the end of this writing some links that helped in the construction of the information that is left here. I also clarify that all the information is given with the best intention and does not represent any investment recommendation.
https://www.zerohedge.com/markets/im-not-all-excited-chinas-digital-yuan-giant-flop
https://www.bloomberg.com/news/articles/2021-05-21/bitcoin-s-claim-of-rivaling-gold-as-portfolio-hedge-loses-luster?utm_campaign=socialflow-organic&utm_content=crypto&utm_medium=social&utm_source=twitter
https://criptotendencia.com/2021/05/21/a-bill-miller-no-le-preocupa-la-caida-de-bitcoin/
This information is proprietary content and there is no room for plagiarism. You can also read this article in my Publish0x space under the link at the end of this paragraph.
https://www.publish0x.com/cryptographic-alchemy/a-symphony-of-newsa-requiem-for-bitcoin-xnqrryv
ACME brand newcomer traps
A speculative investment, a complete fraud or not even a financial asset; these and many more are the disqualifications we have read and heard. However, for those who follow the behavior of *Bitcoin* (**BTC**), they know that these qualifiers are not strange, mainly because they were written between 2018 and 2020 and used by large financial representatives such as *JPMorgan*, *Goldman Sachs*, *Wells Fargo* and many more. And until not so long ago the rating towards this currency were part of an extreme attack of conceptual errors that simply did not fit their profit spaces.
The shift in thinking for all of these institutions has been relevant in the crypto community, in that there is now a broader range of support for the appreciation of **BTC** as a real funding asset that takes on a character beyond the domestic. An institutional view is now taking advantage of a still virgin market and exploring new forms of dominance for maximum profit and setting valuation constraints, just as they do with gold, silver, and other commodities in the market.
However, certain behaviors that are born from all this current storm of prices in the crypto market are striking; proposals such as Wells Fargo's proposal to its "wealthiest" customers to offer them a service of cryptocurrency acquisition make you think about how the future will be with these scenarios. This news seems to give the feeling that the control will become more intense in the market, and of course, the recent fall, will be the main fundamentals to say that the manipulation will be strongly entrenched and the institutionalism will begin to rule in the domains of these spaces open to everyone.
It will not be strange to see new highs that will allow **BTC** to reach new **ATH**. To say that the price can touch $100,000, $500,000 or $1,000,000 will not be an exaggeration at all, and this includes alt's. It is also not surprising to see drastic and rapid drops of 100X, 200X that return in volatility and insecurity, but for the purposes of levels of the big players, it will only be a new opportunity to take advantage of these variants for accelerated enrichment.
I view with concern that we are so vulnerable at this point in the market, for example we have redactions from JPMorgan on their acme trap "*analysis*" and its relevance in defining "*the outlook for bitcoin flows in deteriorating and points to a continued pullback by institutional investors*". If this were so true, we would not have stocks as deep as *Wells Fargo*, *Golman Sachs*, *Citibank* or *Morgan Stanley.*
With this new fall of **BTC**, from almost being at $65,000 and having touched almost $30,000, from reinforcing its sideways at $32,000 now being above $40,000, it is not surprising that many of the small and medium investors have opted to sell. In order to participate in the benefits of **BTC**, beyond a profit stream, it must be understood that it is the key to the fundamental survival of the value of our assets, a new store of value that rises from below and has the confidence of those who do not harm it with their mercantilist and debtor precepts.
I can only remind you to stand firm in your positions and not to fall into this type of fear that causes these massive long burns in the markets. Of course, I must point out that this information is written with the best of intentions and does not represent any investment recommendation. We should always do our own research.
I leave at the end of this writing, the links of several articles that helped me in the construction of this information. These spaces define better the theme that is being developed in the words left.
https://www.businessinsider.es/grandes-inversores-cambian-bitcoin-oro-temor-inflacion-868479
https://bitfinanzas.com/wells-fargo-planea-ofrecer-servicio-de-criptomonedas-para-sus-clientes-mas-adinerados/
https://bitfinanzas.com/bitcoin-podria-tomar-impulso-los-proximos-meses/
https://www.criptonoticias.com/comunidad/adopcion/morgan-stanley-espaldarazo-bitcoin-12-fondos-inversion/#:~:text=Sobre%20el%20tipo%20de%20contratos,futuros%20registradas%20en%20la%20CFTC%C2%BB.
This information is proprietary content and there is no room for plagiarism. You can also read this article in my Publish0x space under the link at the end of this paragraph.
https://www.publish0x.com/cryptographic-alchemy/acme-brand-newcomer-traps-xgpkrmg
Fear and Greed
For more than three days now, Bitcoin (**BTC**) and other cryptocurrencies have been experiencing a drastic drop, falling below $43,000 per unit. Beyond several unexpected situations such as *Elon Musk's* statements or the poor understanding of **BTC** consumption, we are experiencing the entry of a fear zone that has been systematic in other opportunities in the crypto cycle.
While, the crypto index of fear and greed reached levels forgotten since 2017 and 2020 that many have a hard time recognizing because of the unpleasantness of these experiences. As a market we really enjoy the increases and comparisons we make on the dominant crypto, but we must also learn to face that, like consumption, we have the adjective volatility etched into the definition.
At the moment, the **BTC** has a value of *$44,000,* with a strong resistance at *$45,000*. But, beyond the causes, we can add that the continuity of the fall is mostly due to all those retail sales that do not understand the movements that experience a price correction. Even if the causes were unexpected, the healthy correction was necessary for a weighted growth that highlights **BTC** as a new store of value, rather than an exchange currency.
One of the things we must understand is that as users we must mature and synthesize our emotions into a solid understanding of our analysis. The fundamentals of the crypto market, especially **BTC**, are well supported by a plurality of investors, including institutional investors. Beyond the fact that we are witnessing a commentary that is not at all elaborate and improvised, on purpose or not, we should focus on having a deeper analysis of the players who are in this game. Even Musk made the point that Tesla has no intention of selling its **BTC**. And if it did, it wouldn't matter much either.
We are in an interesting market stage, we live under a system that is sinking deeper and deeper into an internal poverty, unable to foster a solution while still affecting a part of the wealth of the state. This other agenda is simply not elaborating new solutions but is in charge of maintaining the no escape policy, and this is the main motivational index to be built on **BTC**.
Selling **BTC** right now is the worst decision they are making; **BTC** is a hard asset saving solution. Policies closer to the **FED** will only focus on keeping rates close to 0 and manipulation in markets like gold or silver are evident so as not to lose the confidence that revolves around the dollar. Why do they think it would be different with **BTC**.
I'm going to take the liberty of quoting a statement by *Mike Novogratz*, the founder of Galaxy Digital, to *cointelegraph* in early January of this year where he said that he "*is confident that Bitcoin will recover again but humans are not built to live in 150% volatility environments. That was the signal. When volume pulls back, we will bottom and resume the rally.*" The quote alone reflects what we should do, not give in to fear and take advantage of those opportunities we are looking for in the market.
As always I leave at the end of this paragraph the links to some articles that record the same behaviors we are seeing in the market. The similarities and differences and how the **BTC** line has experienced excellent recoveries.
https://es.cointelegraph.com/news/crypto-fear-and-greed-index-drops-to-october-2020-levels
https://www.criptonoticias.com/mercados/sentimiento-inversionistas-bitcoin-vuelve-miedo-extremo-crisis-2020/
This document is written with its own content and there is no room for palangrism. You can also see this article in my Publish0x blog under the link at the end of this paragraph.
https://www.publish0x.com/cryptographic-alchemy/fear-and-greed-xxwmnjp
Electric Waste, a concept that must End
With the impact caused by *Elon Musk*, several ghosts of the past are once again approaching the leading cryptocurrency. We see how the environmental issue associated with *Bitcoin* (**BTC**) arises again, and at this point it is necessary to face this situation and prove that the concept was always wrong. It is imperative, at this point in the life of the queen coin, to address this situation that begins almost from the moment of its conception.
The effects of the price drop have many causes, not necessarily the comments of someone who has simply demonstrated and disappointed that he is not ready and able to enter into a complete economic and financial turnaround. The key point is not that *Tesla* stops accepting **BTC**, the key point is the anti-environmental ad that is alleged against **BTC** and that is where the damage becomes intense and deep.
Truly this trojan horse shows how little knowledge he has about the consumptions that can be associated with **BTC**. No one denies that this token consumes energy, the *Proof of Work* (**PoW**) is an opening for the increase of computational power, however it does not really highlight the origin and the way this energy comes from. It is not the consumption but the "*what*" is used; more than 70% of the energy consumed in the mining network comes from renewable sources. I quote an excerpt from the *HébergementWebs.com* portal where it indicates that there is a global comparative study on Cryptoassets 2020 by the University of Cambridge where it indicates that "*76% of digital currency miners use renewable energy sources*".
It is also necessary to evaluate the source of the data collected to verify the consumption numbers of the **BTC** network. We do not have an exact number of this consumption, only approximate numbers that we can see from the *Cambridge Bitcoin Electricity Consumption Index* (**CBECI**) and *digiconomist.net*. The difference of these two records is not congruent even with a margin of error.
Nor do we clearly see real comparisons of consumption in other fields or areas of expenditure, the critics make no reference to networked banking systems, or to the extraction of gold, silver and other minerals. They simply do not go into the basic concepts of environmental pollution for the sake of convenience.
The truth is that **BTC** must now focus on cleaning up an image as a polluter and carbon emitter. And there is no shortage of naysayers calling for a change in the form of consensus to a *Proof of Stake* (**PoS**) like *Ripple* co-funder *Chris Larsen*. It is a hotly debated topic, part of the genuine essence of **BTC** beyond its concept of ungovernability is its security. **BTC** is purely monetary, its money function is a definition that is tied to an intense computational network, and every payment made is guaranteed with a stamp of computational work by the security of the network.
The expansion of renewable and sustainable sources of electricity generation is a major contributor to the consumption of **BTC**. The fiat system remains a major consumer, with no clear role for society.
The **PoS** does not have the same answer, but in depth, only this consensus system shifts the energy consumption from the nodes to a centralized process. There are sustainable arguments to prove the consumption record of the **BTC**, but it is time to make even more effort to show it and to face this issue once and for all in order to finish it once and for all.
In this writing I leave some links that show the basis of this basis of this article and I hope it will be useful for the construction of arguments when debating on this controversial and much discussed topic. Knowledge is the key to be able to finish this topic that sadly has been the Achilles heel of the **BTC**.
https://es.cointelegraph.com/news/ripple-co-founder-thinks-bitcoin-should-move-away-from-proof-of-work
https://criptomonedaz.com/proof-of-work-vs-proof-of-stake/
https://www.futuroafondo.com/es/noticia/bancos-consumen-al-menos-tres-veces-mas-energia-que-bitcoin
This information is proprietary content and there is no room for plagiarism. I also leave the link to my blog on Publish0x so you can read this article.
https://www.publish0x.com/cryptographic-alchemy/electric-waste-a-concept-that-must-end-xqkxvny
All roads Lead to Layer 2
A layered model is an organized interpretation that facilitates the interaction of protocols that combine and share the development of a common activity or service. We can easily see this by studying the *OSI* model and how it reflects the interconnection of data, from the reception to the transformation of these in bits, from top to bottom and vice versa, and to see how the process of various elements that are organized in layers converges.
The same can be applied to the interoperability of *blockchain* technology and how the five layers of work are intertwined in order to manage distributed work on the *blockchain*. From the application layer and the decentralized application staging (dApp's) to the infrastructure layer, the service layer and all those digital resources, the semantics, the network, with the infrastructure layer. We begin to see how these agents are involved in the evolution of this technology.
However, we see that all the sizing is really focused on achieving better scalability in the *Etherium* (**ETH**) *blockchain* services, also known as layer 2. This layer builds all the access to the tools that enable and facilitate the much sought-after scalability. Many appeal and compare other centralized networks, but this approach is not aligned with what we want to achieve through the non-vulnerability of data and openness so that anyone can be part of an ecosystem with a completely different business vision.
All the solutions we know such as rollups, plasmas or sidechain are managed outside the main chain, but with the clear objective of putting **ETH** in the game of progress. This area of data is vital and whoever develops a better solution on this level is basically extending the backbone of what is known as the crypto ecosystem, a complete network that forms a whole new economic culture. This is **ETH**.
The coordination with the other layers must be in a synergy of work, where the consensus of semantics will work according to the validity of the records that may occur with the solutions, either by blocks (currently) or through the side chains and complete batches, being ordered based on error and validity.
Little by little we will have scalability, there should be no doubt that this is a titanic work that has only been implemented by **ETH**. The number of projects proves the confidence they have in this environment and that these spaces can provide real solutions, because they face real problems. There can be no comparison with other chains, centralized or not, nor with cheap returns and transactions, we must start looking at these projects with deep realities of functionality and support.
I will not criticize other ecosystems that are working to build a tokenized world, but today **ETH** is starting to get everyone's attention. For those who only see the valuation, there are enough fundamentals to know that the price of this token will be much more than *$3800*. The 4 **ATH's** in a row have not been a fluke and it is the real investors that are reading the market. Let's not lose sight of this opportunity and start to see more of how it works and what is really the vision of **ETH** through its layers. All roads lead to layer 2.
As always I leave the links of some articles that helped me as a reference for the construction of this information. These contain more detailed information on the subject that is addressed in this writing.
**https://es.investing.com/news/cryptocurrency-news/soluciones-ethereum-de-capa-2-l2-crecen-masivamente-son-relevantes-para-el-ecosistema-2114873**
https://es.beincrypto.com/aproximacion-soluciones-capa-2-red-ethereum-eth-importancia/
This writing contains proprietary information and there is no room for plagiarism. You can also read this article in my blog located in Publish0x and of which I leave the following link.
https://www.publish0x.com/cryptographic-alchemy/all-roads-lead-to-layer-2-xnqrxzl
Story of a Tokenized Paradigm
The change in the financial paradigm is being felt by all of us in and out of the cryptographic world. For those who are inside, this is the expected change, and for those who profess the opposite, it is also the time to leave a useless resistance to something that will inevitably be part of our daily lives. The emergence and preparation of digital exchange systems beyond being a concept already handled, is a window of the true distribution of records that we have with its best presentation in the *blockchain*.
Undoubtedly, many countries are already focusing on cryptocurrencies as an alternative to the current financial system, for many already in its final stages. However, we can affirm that the dollar as a currency is experiencing a continuous weakening in relation to its exchange form and management.
The very presence of digital currencies operations, beyond their concept, catapults the idea of an economic detachment towards a new digital alternative, either the centralized concepts of *Central Banks* focused as **CBDC** or the exchangeable decentralizations led by the dominance of Bitcoin (**BTC**). The world is being shifted towards a new conception of tokenized location.
Investments in hard assets is starting to be given a fairly significant boost, anything adverse to the print holding currently held against the dollar is taken as a high valuation. This is no coincidence to see it only in the crypto market, it is materializing in other materials, from timber to iron to copper, among others. The combination of ungovernability with a whole new payment infrastructure represents the new efficiency of decentralized currencies.
Protection is found in the reserves of value, among them the Bitcoin, even with its volatility, its deflationary and free function makes it perfect at this stage of the market. The party will continue with the disproportionate printing of money. The damage of this to a productive society is inversely proportional to its level of initiative and entrepreneurship.
The crypto advances are moving new paradigms, the registration and distribution technologies represented in the *blockchain* are the most adaptable way for new entrants to start. This new generation of investors has a clear profile of what they want, what they do and ultimately, where they don't want to go.
As I always point out, I am not trying to emphasize any investment advice, but if it is in your analysis, a key suggestion is to move towards a new idea in the research of cryptocurrencies and their technological approach as the cutting edge after smart technologies and 5th and 6th generation connectivity.
I leave some links for those who want to deepen in his concept of tokenization and the new pillars that form this paradigm that everyone, economic agents or not, will be in the construction of new construms in this new financial system.
https://www.eleconomista.es/mercados-cotizaciones/noticias/11202180/05/21/La-Fed-explica-como-funciona-una-una-divisa-digital-y-las-diferencias-con-bitcoin-o-ethereum.html
https://www.caixabankresearch.com/es/economia-y-mercados/politica-monetaria/blockchain-y-criptomonedas-bienvenidos-al-nuevo-paradigma-0
This writing contains proprietary information and there is no room for plagiarism. However, you can also read this article on my Publish0x blog under the link at the end of this paragraph.
https://www.publish0x.com/cryptographic-alchemy/story-of-a-tokenized-paradigm-xzwolpj
One more step towards Lunacia...a new Chapter
One of the projects that most attracts my attention is located in the area of games, and it is precisely at this point where the blockchain is forming a whole financial system of its own. Monetization through a dynamic digital interaction such as games is nothing new, but the particularities added by cryptocurrencies make these propositions highly revolutionary.
Many already know *Axie Infinity* as such, and part of its community may converge on this site of information and thought, but it should be noted that my writing comes after the release of the long awaited migration to the *Ronin* sidechain, where the data management rests and makes a quite significant difference in relation to the *Etherium* (**ETH**) network. The first and most important is the presence of much more accessible commissions that will make the game more dynamic and evolved. Another particularity is the use of the *Ronin* wallet, already with a bridge to migrate our **ETH**, **AXS** or **SLP**.
We can see an evolution towards a mobile migration, as expressed in the briefing document, a *Ronin* *Dex*, a closer and more integrated interaction in the acquisition of tokens, and a bridge to a channel between **ETH** networks.
We will also be seeing more movement of the **AXS** governance token, involved in internal transactions, dealing entirely with **ETH** management. The internal varieties for the activation of finances take ways to facilitate the exchange and the enthusiasm to grow under a new business modality.
This phase 2 is very well explained on the official sites summarizing how it is "bringing economic freedom to a whole new generation of players by optimizing the user experience and reducing the burden of costly gas tariffs".
In my appreciation, the improvements are not only operational, certainly the game is marking a new trend in the blockchain world, an outstanding interaction in decentralized management that marks the birth of new forms of business. In some articles published in these spaces I have read excellent explanations and how the growth of this project was going to be exponential. It is still in its early stages, and it will be a multi-environment process waiting now for new modalities with the Lands.
It is no coincidence that this event is taking place almost at the same time of some updates that we see even in the *Binance Smart Chain* (**BSC**) with the appearance of *Mist*, an equally ambitious game that appears in the adventure environment, or the already known *splinterlands* of **steem**. Believe me that the expectations are enormous and that this new business model will be extremely profitable, all decentralized modalities in an interactive environment of tokenized production and profit.
This is just another article on blockchain gaming, but I emphasize how exciting it is to be the owner of your own game, imagine all the originality of economic initiatives centered in one space. And this is just the beginning, the fundamentals that this will bring will be gigantic.
I leave some links that inform officially the changes that are being managed in *Axi Infinity*. For those of us who are users, being well informed at this time is vital for the development of our characters in adventure and battle. I just hope you have and feel the enthusiasm that I have to see this kind of investment in games with a lot of potential.
https://es.cointelegraph.com/news/axie-infinity-axs-rallies-80-following-migration-to-ronin-sidechain
https://axie.substack.com/p/migration
https://axieedge.com/everything-we-know-about-land-gameplay/
This writing has its own content and there is no room for plagiarism. You can also see this article in my Publish0x space under the following link placed at the end of this paragraph.
https://www.publish0x.com/cryptographic-alchemy/one-more-step-towards-lunaciaa-new-chapter-xkylwjl
Crack-Up Boom
In economics nothing is ruled out, that is why in atypical situations all analyses have space in a not so distant horizon. Certainly the financial situation invites us to analyze and also to speculate on ideas that have a fairly solid historical basis, which gives us the credibility to generate serious arguments on quite probable scenarios.
Excess liquidity seems to emerge as the only solution to protect a political rather than a social system, and invites us to participate in the never-ending cycle of liabilities that drags us into inflationary scenarios and sharply rising interest rates, even hypo-inflationary in some places. All economies are at a very delicate point, leaving aside this capital injection is a very expensive risk that no one is willing to take.
The leverage of this debt is only a marker of the boiling point over which we are exposed and only sound strategies will be able to counteract market distortions. With the statements of *US Treasury Secretary Janet Yellen*, now more than ever the weakness of the dollar is emphasized and anything that is supported by this debt will be dragged into a never-ending tailspin. This is why our security should be focused on those assets that fully support us, of course, we are talking about assets quite desirable with corrections such as gold or silver and also *Bitcoin* (**BTC**).
Part of this crypto stake as a store of value is further proof that the digital age is focused on the right side of history, they are simply defined as our only defense against the impending crack-up boom that is formed by the fear of holding cash and getting rid of it as soon as possible. Holding assets that cannot be confiscated is the smartest move an investor can make, and **BTC** gives us that play against all these repeated and empty policies.
The meaning of **BTC** is more attached to a store of value rather than a generator of it, and this is why it is the perfect player in this minefield of pitfalls we are facing. Central banking is in a compromising and difficult position to reverse the monetary policies acquired to face this atypical situation we have with the pandemic.
However, unlike gold or silver, **BTC** is a money of its own, with a fixed and finite supply, tied to speculations like any other valuable asset whose growth is limited. To think in the future is to think in fractions of *satochis* and not in *cents*.
The best solution is to win from within, to get ahead of these market elites, in the long term to position oneself with hard reserves, **BTC** is the best option and the one for a future more adapted to the digital era. New opportunities are emerging and this crack-up boom will be the financial pandemic that will dismantle systems and bring new interactions. Alternatives are already being built and establishing the development of productive ecosystems.
At the end of this writing I leave the link of some articles that helped me in the construction of the concepts that I express in this space. They are located at the end of this paragraph.
https://www.eleconomista.es/mercados-cotizaciones/noticias/11197474/05/21/Que-es-un-crackup-boom-y-como-puede-acabar-comiendose-tus-ahorros.html
**https://www.elconfidencial.com/economia/2021-05-04/yellen-defiende-subir-los-tipos-de-interes-para-compensar-los-planes-de-gasto-de-biden_3063460/**
This paper presents its own content and leaves no room for plagiarism. You can also view this article in my Publish0x account under the following link that I leave at the end.
https://www.publish0x.com/cryptographic-alchemy/crack-up-boom-xpnqexe
Bullets, Nanometers and a some of Satochis
In the economic world, digital wars are cold-blooded and anyone who capitalizes on a growing market is undoubtedly the target to be destroyed on the way to success. And it is that there is not much distance between this position and failure, especially when it is the details that are intertwined under this interpolarized world.
It was not enough to qualify as polluting technology with the mere existence of the miners and their consumption and as this acts to the detriment of the environment, now the position of a demand not considered in the world of semiconductors is at stake. Although the first of the accusations is nothing more than an exaggeration mounted to stop the early growth of cryptocurrencies, the second point deserves to pay a little attention, not because of the accusation initially raised, but because of the fundamentals that it is having around it. and if the problems in this market increase, a delay of between 5 to 10 years of advance in the world of technology could be caused.
One part of all this with the scarcity that this area of development currently has has been the distortion of demand and its increase in relation to the excessive supply under a need at the level of survival for some companies. As if that were not enough, the current commercial conflict in the region makes semiconductors more and more problematic in producing and exporting them.
Practically the entire market (90%) is concentrated in *South Korea*, *Japan*, *China* and *Taiwan*, placing the latter as the most advanced for this type of technology. With the growing tariff war, it is not unreasonable to think of a naval blockade by *China* in retaliation for any US move. The advance of this giant and of *Europe* would be compromised if some of the parts of the equation were altered or did not match the result for everyone.
Now, how would this affect the world of cryptocurrencies ?????, certainly a lot and also beyond being presented as a key component in the *graphic processing units* (**GPU**), it would affect the development of all that ecosystem that positions its progress in materializing all kinds of smart technology, whether it depends on connectivity or advanced development of things (**AI**), the race to automation would lose all that accelerated ground gained in this new reality.
Cryptocurrencies would not evolve because they have a delayed representation that faces the user. Beyond the digital, and the little progress that would be made, perhaps these spaces granted will serve the current systems to take back these spaces won by cryptocurrencies.
The solutions are not very clear and if implemented they are not immediate. There are many bottlenecks that are distinguished on the horizon, from what has already been commented on a commercial level, to the generational knowledge of this type of advanced sciences, all this implies a level of complication that is not easy to face, both for ***fabless*** and for the ***purefabs***.
The words that summarize this scenario are found in the comments of Intel *CEO Pat Gelsinger*, where he warns that "t*he global shortage of semiconductor chips could last, at least, two more years*" from this period.
Currently everything is a chain, and something so small is the fruit of discord for a world that wants to advance but due to factors of many kinds, it is affected by its own management. This world of semiconductors affects everything, of course cryptos, to a variable extent, however, we still do not know for sure the degree of precariousness of presenting an increase in these geopolitical terms.
At the end of this writing I leave the links of several articles that leave a clear opinion of those problems that this area of advanced technology would cause. These articles will help you to better build an opinion about this point and its relationship with the cryptographic world.
**https://www.eleconomista.es/economia/noticias/11188749/04/21/Antonio-Varas-BCG-Las-criptomonedas-son-solo-la-punta-del-iceberg-en-la-escasez-mundial-de-chips.html**
https://www.muycomputer.com/2017/02/06/semiconductores-nanometros/
https://www.elconfidencial.com/tecnologia/2021-02-13/semiconductores-crisis-provedoores-industria_2942859/
https://bitfinanzas.com/ceo-de-intel-advierte-que-la-escasez-de-chips-puede-durar-dos-anos-mas/
The information in this article is its own content and there is no room for plagiarism. You can also see this article on my Publish0x blog which I leave with the following link.
https://www.publish0x.com/cryptographic-alchemy/bullets-nanometers-and-a-some-of-satochis-xxwkljo
All roads lead to London
The path becomes more evident and the route to be followed takes us as a destination to London. An update status that we wait to see how the full potential of the *Etheriun* (**ETH**) network exploits before the arrival of Serenity. The truth is that this **EIP-1559**, which arrives in mid-July, will change the rules of the game and will prove that Nakamoto's idea of a new vision lies in the codes of **ETH**.
Undoubtedly, we are currently seeing incredible records in the price of **ETH**, however, it is little for all the potential that this public blockchain represents and its vast development environment with which projects of original nature are supported and with the history of creations that initially had their birth in this environment. The vast majority of derivatives and synthetic products that we know of within the crypto ecosystem took place in **ETH**, the other representations are simply a copy of the competition.
The economy that is creating **ETH** is changing paradigms and it is no wonder that it is actually called the backbone of financial cryptography. Satochi's vision would be closer to what is currently running at **ETH**.
Time will change some trends, and it is precisely how **ETH** will begin to shed the shadow it has with *Bitcoin* (**BTC**), a dominance that with London will prove that it is capable of creating its own strength and being the new cornerstone of many currencies, a unique moment in the development of this financial system.
Of course, from Byzantium to Constantinople, from Istanbul to Berlin, each of these updates has allowed **ETH** to work at various points in its main network. The roadmap outlined has been able to meet the objectives such as the way in which the new application programming interfaces (**APIs**) will be integrated, or the improvements in data tracking, improving scalability and the way in which smart contracts are preserved. . Certainly also, with London, a solution has been completed to attack the huge commissions that have dismembered users, limiting the vast majority to stop operations on the network.
In London we will be able to see a complete change in the consensus and the establishment of a fixed income for commissions, executing the non-return of these to the network and literally burning them, giving rise to a unique transformation in **ETH**, making it deflasional. It is clear that this last concept will have an incredible influence on the price of this token.
**BTC** is already working as a store of value, a position far removed from what Satoshi actually had. In **ETH**, something clearer is presented for this new financial environment. If the roadmap on improvements is implemented as expected on the **ETH** blockchain, it would not be out of place to see this token hovering between $ 5,000 and $ 8,000. But with a more open mind, and taking into account the scalability improvements, speed with the zk-rollups, the Optimism of layer 2 for the correct massification, and if to that we add all the sidechains implemented in this layer for the decrease costs, security and other expected developments, it would be considered in figures higher than $ 10,000 per token.
This is not investment advice, and you should reinforce your concepts with your own research, but you have countless ways to get that reinforcement that will make you see the explosion that will soon be in the **ETH** network, a blockchain that will move the world and make it. See how the new form of digital interaction, unique, under a 3.0 business scheme.
Also I leave the links of some articles that helped me a lot in the construction of this writing. It would really help reinforce these definitions and help you make a judgment about this topic.
https://www.ezanime.net/la-actualizacion-de-ethereum-london-con-eip-1559-se-lanzara-el-14-de-julio/
https://es.cointelegraph.com/news/istanbul-to-berlin-ethereum-milestones-on-the-road-to-serenity
This writing presents its own content and there is no room for plagiarism. You can also see this work on my Publish0x blog under the link that I leave at the end of this paragraph.
https://www.publish0x.com/cryptographic-alchemy/all-roads-lead-to-london-xerwrnw
An Approach to the Data ...... Improving Layer 2
The *etherium* network is obliged to meet all the expectations presented by the community, beyond being at the forefront of the optimization and development of a unique environment, its growing acceptance has led to the problems that we all know, especially in that layer 2 where encryption takes its best form and programming is the central axis at this level.
Certainly with the explosion of decentralized finance, **NFTs** and other opportunities that were denoted in the *Etherium* (**ETH**) blockchain were seen as a problem increased by high transaction costs. An important part of the life of this ecosystem is its use and as it manifests itself in the development of new potentialities, this makes its participation in each environment unique, hence a certain approach to that detail in the layer of greatest vulnerability.
Already this problem, with *Berlin*, after *Istanbul*, has begun to show improvements especially when some market analysts, especially the cryptographic one, affirm that a greater independence of **ETH** is denoted in relation to the behavior of the alt with respect to Bitcoin (**BTC** ). A parade that has had years and whose relationship has maintained a special influence with the market share of **BTC** and its dominance. A problem, that little by little, has been dissolving, showing a token simultaneous records of **ATH's** and a greater demand, but that has been subtracted with the behavior of the incredible commissions.
We are talking about up to 60% of the value to be transferred and with small and medium amounts that type of movement was practically absurd. With this new *metaphorphosis*, in *Berlin* we found a more stable approach to **ETH2**. The protocols improve aspects such as gas cost reduction, greater transaction support, speed, multiplicity, and transaction type lists. Many of these solutions are focused on layer 2. Some known ones operated from the infrastructure, layer 1 and did not give much freedom and focus to the data problem.
Watch out for the behavior of this update. It is essential to verify how it looks with the increase of decentralized finance, or **NFTs** or any other project mounted in this ecosystem.
Also the competition is aware of this, with *Binance Smart Chain* (**BSC**) on the lookout to continue copying, it is not surprising that these types of solutions now also alternate. However, they have not yet reached the point of **ETH** and they lack maturity, it is only a matter of time before they also experience these problems, and when the demand is greater, we will see what they will take or solve.
The approximation is a fact, the behavior in *Berlin* so far brings an **ETH** touching $ 2,800, with a capitalization of $ 317B, a positive balance of 17% in the last 7 days. Another key record is the total locked value of the **DeFi's** of $ 76.41B. Not bad for real solutions from a real approach network.
As always, I leave some links to the articles that served as a reference for this writing. In them you can find more technical information about this subject of improvements that the **ETH** network is presenting. This will help you better form an opinion on this particular topic.
https://es.beincrypto.com/aproximacion-soluciones-capa-2-red-ethereum-eth-importancia/
https://es.cointelegraph.com/news/defi-projects-rush-towards-layer-2-as-ethereum-clogs-up
https://es.beincrypto.com/optimism-ethereum-eth-capa-2-aumenta-lanzamiento-leve-mainnet/
https://es.beincrypto.com/actualizacion-berlin-ethereum-eth-dilema-altas-tarifas-gas/
This article contains its own information and there is no room for plagiarism. You can also find this same article published on my Publish0x blog and whose link I leave at the end of this paragraph. Thank you very much for your time and appreciation.
https://www.publish0x.com/cryptographic-alchemy/an-approach-to-the-data-improving-layer-2-xjmpkve
Point of no Return ... Digital Horizon
A good investor knows when an opportunity is in front of his eyes. Those who managed to enter the crypto world, at about pennies on the dollar, today see that investment increased, they know that their vision of the future is already a fixed image of what that new world represents. Cryptos go hand in hand with that digitization and connectivity revolution that is advancing faster now in these times of pandemic.
This pandemic variable is nothing more than a factor that would not alter the result of a tokenized future, a revolution designed under digital standards that will reject the use of cash and give way to common mobility, represented by mobile peripherals with accessible and multiple connection. Of course, two well-known terms that will be the most dynamic business axis.
And it is that these two, the accessibility and speed are aligned with the technological factors that will multiply with the use of cryptos. These are practically designed to fit into this new financial system, which wants evolution, independence, and dynamism. This aligns with some statements from *PayPal CEO Dan Schulman* on how "t*he demand on the cryptocurrency side has multiplied faster than initially expected*", he even inclined his words with time cycles, projecting to 10 years.
A world of "*smartphones and superapps*" is what we will see in all day-to-day operations. Of course, these few words are a great weight for that future that I personally believe will be presented in a shorter period of time than indicated by the *CEO of PayPal*.
Certainly interesting challenges come, the role that digital currencies will play will take by surprise an entire banking environment that is trying to establish itself in this new wave with *CBDCs*. The advancement of technology seeks to mobilize crypto value and exploit its benefits and competitive advantages, hence the concept of gold 2.0. Digital securities will move the world in seconds, under extremely cheap fees, I already believe that the stage of heavy logistics of some materials will be left behind.
The change of opinion is taking a lot of force, but let's see clear examples in *PayPay* or *MasterCArd*, including *JP Morgan* and its *Bitcoin* fund for rich clients, after years and years of positions contrary to the development, knowledge and nature of *Bitcoin* (**BTC**).
The essence of cryptos is that over time, their ungovernability will strengthen the concepts of use and ownership and each batch of people who dare to know them, will form that mass that wants adoption and use.
Opportunities are sniffed out, all those people who started with pennies, or a few dollars, know that the horizon is drawn in codes and binaries, not in paper and ink, it is clearly a point of no return that both cryptos and people undertook , a winning smell.
As always, I leave some references that helped me build the essence of this writing. Links lead to more detailed articles with good information that will allow you to focus and build a clear concept of what the future is.
https://criptotendencia.com/2021/02/13/ceo-de-paypal-dice-que-el-gigante-de-los-pagos-quiere-ser-la-billetera-digital-para-las-cbdc-globales/
https://www.zerohedge.com/crypto/jp-morgan-launches-bitcoin-fund-rich-clients-after-years-bashing-crypto
https://www.iproup.com/finanzas/17821-contundente-monedas-digitales-acabaran-con-bancos-comerciales
This writing is its own content and there is no room for plagiarism. You can also visit my blog Publish0x and find this article under the following link that I leave at the end of this paragraph.
https://www.publish0x.com/cryptographic-alchemy/point-of-no-return-digital-horizon-xykrxln
Lies and Speculation.... Bitcoin always on the lookout
With this movement experienced in recent days, many of us should be used to these results by now. If not at the $ 64,000 resistance, $ 60,000 is the $ 50,000 support even $ 48,000, the diversity of prices that touched again can have a single great definition and possibly a great read.
It is always good to expand the variety of probabilities and focus on points that are key in the behavior of *Bitcoin* (**BTC**) ergo also of cryptocurrencies. Yet there is a strong presumption that **BTC** is being pegged at a set value, as *Micah Spruill*, chief investment officer at S2F Capital suspects, "*It appears to be an attempt to price below the key $ 50,000 level, where a significant number of put options would expire in the money*. "
You can also explore events such as strong whale activity or the saturation of the futures market, certainly focusing this on a cause that would probably assure us that many are repetitive and that they are probably part of a script that models what *Spruill* indicates.
Even so, we must look at the visible facts that the cryptographic world presents, **BTC** for example, we are not talking about a simple market anymore, we are already referring to more than $ 1,000,000,000,000, and at stake agents and institutions of weight, I see it unlikely that There is a rampant decline in seeing **BTC** explore prices below $ 45,000. You do not see these large companies hunting for new entries, or taking advantage of this movement to be able to buy in the dip.
There is no solid benchmark to show that **BTC** is entering a bearish run again. Recently the miners began to sell their production, but this number is now starting to decrease again. Remember that this is a very solid value when a bull run begins. Likewise, we come from a 6-month sustained growth. The fact that we are experiencing a correction is not alarming at all, rather it is completely healthy for the valuation and security of the asset.
However, the sequel to that premise of forcing a price on **BTC** remains, as mentioned at the beginning of this writing. We will have to analyze in depth the contributions that this currency will have, volume mainly to know this fact in depth.
And as we see the alcohols ????, simple, affected as always by the dominance of the **BTC**, with the exception of a few points of *Etherium* (**ETH**) that showed some independence against the trend and practically achieved even new **ATHs**. With this, several of them continue to be good projects, we will continue to focus on the change that has to take place, but without being tied to the stock market precepts of the paper.
I leave the links of two sites that touch on this topic in greater depth. Of course, it is important that you have extensive information and are clear about your position in cryptocurrencies based on solid fundamentals and not fall into despair or provocation. Staying is the most sensible thing to do, the FUD is only for those who do not understand or believe in this.
https://bitfinanzas.com/caida-del-mercado-de-criptomonedas-ocasiona-reaccion-del-ceo-de-binance-changpeng-zhao/
https://es.cointelegraph.com/news/pros-say-bitcoin-s-very-healthy-correction-builds-ground-for-more-stable-growth
https://bitfinanzas.com/analistas-como-planb-creen-que-la-caida-del-precio-de-bitcoin-no-es-el-final-de-la-carrera-alcista/
This writing is its own content and there is no room for plagiarism. You can also visit my blog Publish0x and find this article under the following link that I leave at the end of this paragraph.
https://www.publish0x.com/cryptographic-alchemy/lies-and-speculation-bitcoin-always-on-the-lookout-xvwodep
Follow-up and Cleanup ... the SEC is waiting
Recently the *United States Securities and Exchange Commission* (**SEC**) played the same cards against **LBRY**, a decentralized content platform, taking the same actions as those implemented against Ripple. The "*sale*" of unregistered securities also triggered the same administrative actions.
Addressing this issue is to take into consideration some premises that the **SEC** has based on all those tokens that enter this branch of technological innovations. These must be ascribed to that referential framework that focuses on being considered "value" and the registration actions that it must have before the commission.
Like **RIPPLE**, the case of **LBRY**, for this first instance it can be successful, but with the initial arguments this type of frames is far from over. Although, it is known that the **SEC** is also working to promote a case in the scenarios of tokens such as *Cardano* (**ADA**) or *ZCASH* (**ZEC**), even **DASH**. If there was something specific, the circulation and operations in the North American territory would be practically nil.
Something that represents the advance towards new forms of economic interaction, in the US they are presented with quite a few limitations, and if to this is added the enormous delay that it has in relation to its most fervent competitors, the truth is that the position of the country of the North America is not at all enviable.
Now, with the progress of cases such as **LBRY** or **RIPPLE**, the mere existence of an adverse result could mean a lot, beyond a simple withdrawal from the exchanges. It could already begin to foster an unsafe and persecution environment for the development of cryptographic environments, subtracting the opportunity cost that the North American market represents. In the words of *John Deaton*, attorney representing a group of **XRP** holders, if "*the SEC is successful in its attack, it will assume the authority to regulate and attack all other existing cryptocurrencies. The established precedent becomes the new standard and there will be no digital asset exchanges, developers, providers, ordinary users and retail cryptocurrency holders who are safe*. "
Completely true, you do not attack a token or a company, you link to an entire supply chain that revolves around these initiatives. I am not a fan of **RIPPLE**, but it really is a case that has become emblematic, a simple wrong assessment and the case can be lost and therefore, a chain reaction would be uncovered that would not stop until significantly affecting the cryptographic market.
For extended purposes, the case of Turkey and India against *Bitcoin* (**BTC**) make them lose ground in this race towards digitization. I think we are falling into a reversible spiral that at any moment will turn towards a completely favorable direction, for them. Let us consider until recently the example of the Asian giant and its latest update on **BTC** as an alternative investment instrument.
This phenomenon of legality and intimidation is nothing more than a way to cut the opportunities of those of us who form that mass of crypto users. These types of cases make the **SEC's** position extremely contradictory, but it is a clear example of realities that leave marks in this emerging market.
The market results to these events have not diminished, there are not enough regulatory arguments to be able to stop this type of event. We are not witnessing a *TokenLot* or an *EtherDelta*. These cases are just a line of exchanges that seeks to deepen more now with cryptocurrencies.
Let us not neglect this type of case, the information that is derived in the market, beyond what it may imply, in the case of technology, must be determined by the laws that govern these scenarios. **RIPPLE**, **LBRY** and many more in my opinion will be only the beginning of more insisive actions that are expected in the world of cryptos.
I leave the links to several articles on the subject of the SEC and the situation to which I suggest that it be followed up. Links are left at the end of this paragraph.
https://www.criptonoticias.com/judicial/comunidad-de-xrp-presenta-mocion-en-el-caso-de-la-sec-contra-ripple/
https://es.cointelegraph.com/news/sec-loses-a-battle-to-win-the-war-ripple-dissociates-from-pumping-xrp
https://www.criptonoticias.com/judicial/sec-demanda-plataforma-lbry-por-mas-de-usd-11-millones/
This writing presents its own information and there is no room for plagiarism. You can also see this article on my Publish0x blog under the following link that I leave at the end of this paragraph.
https://www.publish0x.com/cryptographic-alchemy/follow-up-and-cleanup-the-sec-is-waiting-xvwoyko
DOGECOINRISE - a crazy turn of the market
The behavior that *Dogecoin* (**DOGE**) is taking in relation to its market capitalization is very peculiar, either because of the continuity of the convergence game, because of the support it is having from new investors of power or it is simply a new bubble that it is in transition to a normal characteristic when prices are inflated exposing them to senseless overbought. The truth is that **DOGE** is giving a lot to talk about and its creators are just like us, without having a clear explanation of why these market records occur.
For those who are not aware, **DOGE** was that token that was offered in the faucets to earn cents of a dollar and thus be able to attract new users in order to have a diversity in the initial portfolios, even now its own conception lacks fundamentals of weight and is limited to a simple explanation of the derivation of a joke, a meme that responded to an atypical behavior towards digital currencies. But from that point until now, we see that that space has been filled with several movements that make more than one think if this is really what the market wants.
Don't be surprised that **DOGE** is involved in markets that are unusual, from the world of sports with the support of the *Dallas Mavericks*, to the swanky space of luxury cars and hotels, from *Bugatti*, *Bentley* to 5-star sesors, from goodies, even the world of telecommunications through *easyDNS Technologies Inc.*, the truth is that the number of companies that begins to participate in this digital dog market is increasing.
On the other hand, the inverse of the currency suggests that **DOGE** is the perfect justification to emulate a growing and real bubble that can affect cryptocurrencies. However, the deep rise that various digital sectors have manifested within the environment of altcoins and decentralized finance cannot be denied, and part of this movement operates **DOGE**.
The support received from this new wave of digital elite in training is nothing more than an impulse within a whole set of strategies that are valid in this burgeoning stock market world. However, it is worth wondering if this is necessary to mobilize the long awaited massification and usability that has cost so much in currencies like *Bitcoin* (**BTC**), for example.
Another latent fear is that this type of token is used to demonstrate a certain revelation that one has to those funds and investments that do so much damage and that this type of movements, in relation to **DOGE**, are more than a demonstration of a change in trend there may be in the definition of financial concepts. The truth, and as the creators of **DOGE** indicate, "*not even they know what the answer is. The increase is part of the altcoins, a term for all the digital tokens that have emerged imitating* **BTC**".
The truth is that everyone must be clear about their investment criteria, and any results they obtain on the pool they present with **DOGE**, is only within that token and avoid not generalizing a behavior in all the others. We will continue to see surprises, a **DOGE** that went from $ 0.01 to $ 0.4, and possibly mounted at $ 1 and why not, beyond a stipulated value. If this is what the market wants, this is what will be done to play with **DOGE**.
Next, I leave the links of some articles that helped me in the construction of this information. In these writings the subject is discussed in greater depth and will allow you to build a better opinion about the **DOGE** token and how it is influencing the development of the digital currency market.
https://www.newsweek.com/which-companies-are-accepting-dogecoin-payment-dallas-mavericks-airbaltic-post-oak-motor-cars-1584787?utm_term=Autofeed&utm_medium=Social&utm_source=Twitter#Echobox=1618868853
https://www.elfinanciero.com.mx/tech/2021/04/16/en-el-giro-mas-loco-dogecoin-repunta-a-un-valor-de-mercado-de-casi-50-mil-mdd/#:~:text=Ni%20su%20creador%20tiene%20la,han%20surgido%20imitando%20a%20bitcoin.&text=El%20dogecoin%20con%20tem%C3%A1tica%20de,y%20Jackson%20Palmer%20en%202013.
This article contains its own information and there is no room for plagiarism. You can also find this writing on my Publish0x blog under the following link that I leave at the end of this paragraph.
https://www.publish0x.com/cryptographic-alchemy/dogecoinrise-a-crazy-turn-of-the-market-xnqdlly
Troy Horse
The recent statements by Peter Thiel, co-founder of **PayPal**, were by no means reasonable and subtle compared to other naysayers who are generally considered out of the box on crypto. This framed a series of words that go beyond a simple disqualification, clearly dragged with his prayers to *Bitcoin* (**BTC**) to a field to turn it into an agent of debate between various topics that transform it from being a player to a progressive consequence of an invasive deterioration.
Part of his words were emphasized in concluding that "*Bitcoin should be considered as a Chinese financial weapon against the United States. It threatens fiat money, but especially threatens the US dollar.*"
We must take several data before constructing an objective and methodical analysis focused on this statement. It is important to note that global dollar reserves fell to levels close to 60%, data from the International Monetary Fund (IMF). China, through the *People's Bank of China* (**PBOC**) has authorized the entry of gold to the Commercial Banks, basically the entry of this metal without restrictions by the Asian giant, possible support towards a Yuan, the digital one, perhaps. Certainly these and others are some compelling reasons to have a clear concern in the geopolitical terrain of the dollar and its role as a store of value.
Even when it has been said that the impact would not discredit the dollar so much, but would take part of its territory as a reserve currency, China's strategy to develop a digital unit of account positions it as the executor of a strategy that leaves it very well stopped before a possible inflationary / depressive scenario that would already take considerable levels.
However, involving troubled **BTC** at these levels I think shouldn't be that worrisome. The reason for this currency is that not only does its value grow, as it has a limited supplement, it is its essence that is now in formation, at this point, as a store of value that links that trust with the support of technologies such as blockchain. A threat that is not involved in backward policies and its decentralized management makes it immune to vague terms of monetary policies.
**BTC** is not an intimate enemy or a Trojan horse, unfortunately we all knew that the journey would be difficult and that objectivity would be a missing agent in degrading criticisms. If you now have such statements as those offered by Thiel, then the work and growth of BTC are progressing. Simply these words only seek to create a wave of misinformation and doubt to delay something that is known to be unstoppable.
Since February 2020 we have read how much money has been printed, trillions of dollars to stabilize a stagnant economy that does not respond to the brittle rules of the current system. Even so, part of many reserves have not experienced this overflow in market prices, but rather a growth in support for **BTC** and its increase in market capitalization.
Dragging the **BTC** to political terrain of globalist levels does not weaken it, it makes it stronger and stronger, but in relation to fiat currencies, these will not have much impact in this digital stage. The key point of the Yuan and its possible backing in gold will change the rules and the protagonists, it is at this point that the **BTC** will enter a quite interesting scene and once again demonstrate everything that is not granted by its detractors. Now, Trojan horse or not, it is very far from taking this definition, this is more associated with a territorial scenario and market finance.
I leave at the end of this writing the link of two excellent articles that narrate a more complete perspective on the dynamics of gold, China and the role of Bitcoin, friend, enemy, Trojan or simply an agent that they only manipulate to achieve their discrediting objectives.
https://www.zerohedge.com/markets/china-readying-gold-backed-yuan
https://www.coindesk.com/peter-thiel-china-weaponizing-bitcoin-politics
This information is your own content and there is no room for plagiarism. You can also see this article posted on my Publish0x blog under the following link that I leave at the end of this paragraph.
https://www.publish0x.com/cryptographic-alchemy/troy-horse-xgprmxo
@martinezdamp