Over the past few years, Bitcoin has shown impressive growth, rising from almost 15,600 to more than 70,000 US dollars. True, for many months now, the first cryptocurrency has been in a flat, which has significantly cooled interest in it from the mass investor. But what if this is just the calm before the storm?
Do you remember the chaos of Windows' infamous blue screen crash that occurred this summer? Blockchains and decentralized systems worked perfectly then and crypto enthusiasts celebrated this moment as a victory for decentralized technology.
As recently as 5-7 years ago, warnings by a few experts about the risk of high US public debt were considered to be something of a bad tone. Such experts themselves seemed alarmists, shouting about a non-existent danger. Serious economists with a condescending grin explained that the US economy is able to absorb any amount of debt, because the status of the main reserve currency guarantees endless demand for dollars.
Vitalik Buterin posted a message on platform X advising the crypto community not to select their presidential candidate solely on the basis of his pro-crypto stance. This sparked debate within the crypto community. He emphasized broader tech freedom and the values that originated the crypto movement, particularly, the cypherpunk ethos, which promoted open and free technology to protect individual freedoms. He also stressed the importance of internationalism, a core value within the community. Thus, he cautioned against the allure of pro-crypto candidates but doesn't support internationalism and broader freedoms, warning that they may exhibit authoritarian tendencies. In Buterin’s opinion, focusing solely on a candidate’s stance...
The US Securities and Exchange Commission (SEC) seems to have noticed Ether.
I often criticize the economic situation in the world and in particular in the United States. Why? Because it concerns everyone- it’s important for our personal lives and for business. We try to get away from fiat economics by developing our own independent cryptocurrency projects, but we live in the real world, where fiat still plays a decisive role.
With the general increase in the popularity of cryptocurrencies in society, not only in the sense of speculation, but also in the context of expanding access to financial resources, the authorities are beginning to become active.
The next five years will be a renaissance in the world of artificial intelligence. Just as humanity experienced a period of incredible intellectual and creative growth during the Renaissance, modern AI is preparing to take a leap.