π€ Fun Facts:
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During Gil Amelioβs tenure as Apple CEO, Appleβs stock slumped and hit a 12-year low in 1997 that was at least partially caused by a single sale of 1.5 million shares of Apple stock by an anonymous party, who was later confirmed to be Steve Jobs. Jobs convinced the directors to oust Amelio in a boardroom coup and Jobs then became CEO.β β β β β β β β β β β β β
J_L_Collins,_Mr_Money_Mustache_The_Simple_Path_to_Wealth_Your_road.epub
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βIn the dark, bewildering, trap-infested jungle of misinformation and opaque riddles that is the world of investment, JL Collins is the fatherly wizard on the side of the path, offering a simple map, warm words of encouragement and the tools to forge your way through with confidence. You'll never find a wiser advisor with a bigger heart.β β¬ Crypto News Updates
π Paypalβs Crypto Embrace: Morgan Stanley Says Move Boon for Mass Adoption, Critics Say Payment Giant Violates Crypto Principles π
π Paypalβs Crypto Embrace: Morgan Stanley Says Move Boon for Mass Adoption, Critics Say Payment Giant Violates Crypto Principles π
The entry of Paypal into the cryptocurrency industry continues to expose the divide between traditional crypto space players who are less enthusiastic and non-crypto players who endorse the move.The_Bitcoin_Standard_The_Decentralized_Alternative_to_Centra.pdf
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π The Bitcoin Standard
βBitcoin has no owner, no authority that can decide on its fate. It is owned by the crowd, its users. And it now has a track record of several years, enough for it to be an animal in its own right. Its mere existence is an insurance policy that will remind governments that the last object the establishment could control, namely, the currency, is no longer their monopoly. This gives us, the crowd, an insurance policy against an Orwellian future.βπ° ββBitcoin Fees Rise at Fastest Clip Since July 2018 Bull Run
Bitcoin's fees haven't risen this quickly in years. This is...good?
Bitcoin's fees haven't risen this quickly in years. This is...good?
Bitcoin transaction fees on Thursday spiked to their highest level since the middle of August and at a pace unmatched since July 2018, according to data from BitInfoCharts. The sudden spike, an increase of 231% in just four days, is likely the result of Bitcoinβs price rise this week.
On Thursday, it cost an average of $6.3 to process a transaction on the Bitcoin blockchain; Bitcoin fees havenβt been this high since August 6. Yesterday, Bitcoin fees dipped to $5.7.
Just on Monday, a Bitcoin transaction cost an average of $1.9. The $4.4 increase this week is the sharpest increase in Bitcoin fees since the bull run in the summer of 2018.
The hiked fees probably have something to do with Bitcoinβs rise in price. On October 6, Bitcoinβs price was around $10,600. But the price increased sharply this month to its current price of around $13,000. Thatβs an increase of about 23%.
Bitcoin fees increase when there is a surfeit of activity on the Bitcoin blockchain. These fees are paid to Bitcoin minersβcomputers that run special software that processes transactions.
When thereβs more demand for processing transactions than there are miners to process them, fees go up. This is because miners prioritize the people who want to process Bitcoin transactions so bad that theyβre willing to pay a premium.
Thereβs often far more action on the Bitcoin blockchain when Bitcoinβs price rises: people want to get in on Bitcoin in case the price increases even more. And the miners sit there waiting, ready to gobble up fees.π°ββ Caitlin Longβs Avanti Becomes the Second Crypto Bank in the US, Open for Commercial Clients in Early 2021
Avanti Bank has recently become the second cryptocurrency company to get a banking license in the United States. The Wyoming State Banking Board recently voted for granting Avanti Bank and Trust, a bank charter, which allows Avanti to have the same powers as national banks in the country. No matter how good or bad you think life is, wake up each day and be thankful for life. Someone somewhere else is fighting to survive.