9/10. Nytt blod. Pers ställning som chefsinvesterare hotas när Katrine och Etikrådet halverar hans ansvar och vill rekrytera en medhjälpare. Per, Odd och Anna försöker sabotera rekryteringsprocessen. Men kommer Katrine att hitta en kandidat som bekänner de rätta etiska idealen?
What is a block halving event?
As part of Bitcoin's coin issuance, miners are rewarded a certain amount of bitcoins whenever a block is produced (approximately every 10 minutes). When Bitcoin first started, 50 Bitcoins per block were given as a reward to miners. After every 210,000 blocks are mined (approximately every 4 years), the block reward halves and will keep on halving until the block reward per block becomes 0 (approximately by year 2140). As of now, the block reward is 6.25 coins per block and will decrease to 3.125 coins per block post halving.
Why was this done?
Bitcoin was designed as a deflationary currency. Like gold, the premise is that over time, the issuance of bitcoins will decrease and thus become scarcer over time. As bitcoins become scarcer and if demand for them increases over time, Bitcoin can be used as a hedge against inflation as the price, guided by price equilibrium is bound to increase. On the flip side, fiat currencies (like the US dollar), inflate over time as its monetary supply increases, leading to a decrease in purchasing power. This is known as monetary debasement by inflation. A simple example would be to compare housing prices decades ago to now and you'll notice that they've increased over time!
Predictable monetary supply
Since we know Bitcoin's issuance over time, people can rely on programmed/controlled supply. This is helpful to understand what the current inflation rate of Bitcoin is, what the future inflation rate will be at a specific point in time, how many Bitcoins are in circulation and how many remain left to be mined.
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ANON Summit 2020 will take place online on 19-20 May 2020. Join the premium blockchain conference that brings the offline experience to the digital world.
join here https://anonsummit.io/
Agenda part 3
Libra, China, Digital Programmable Euro: Getting Real about CBDC Philipp Sandner – Head, Frankfurt School Blockchain Center | Lorenz Szabo – Manager, BDO | Gloria WU – Chief of Global Ecosystem Partnerships, Ontology | Freya Stevens – Founder, The Collective
What is CeFi? What are its Limitations?
Centralized finance is a structured and specialized financial service that allows people to get loans or earn interest on their cryptocurrency by lending or borrowing it through a central exchange. CeFi aims to make trades fairer, boost transaction processing, and increase buying and selling processes. The central exchange quotes their prices; thus, these are the only available price options for traders.
Despite its name as centralized, CeFi services prioritize to shift to a more decentralized version of traditional financial services.
There are various drawbacks associated with CeFi, such as higher transaction fees due to third-party or intermediaries’ involvement.
Lack of transparency and lack of absolute control over funds are other concerns related to CeFi. Moreover, they require users to disclose personal information during the registration process.
#Bitcoin #Cryptocurrency
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A police car drives forward into a crowd of protesters in footage captured amid Black Lives Matter rally in San Diego on Sunday. The vehicle is seen dragging a protester along with it on its hood.
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Most of us are currently obliged to stay home for our safety and health, hobbies don’t exist anymore. Without outdoor activities, most people are forced to sit in front of the TV. And on the screen we are bombarded with negative images. Rarely are the images broadcasting news with a positive effect against this pandemic.
Isolation or quarantine can be a crisis, or a benefit. It depends on you how you choose to live it. Don't let fear lead you. At some point this period will pass. Who will you be when you leave the house?
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The 2008 Global Financial crisis was kicked off by major structural issues in the global banking system and exacerbated by record levels of household debt.
Today the world is on the brink of yet another major financial downturn, and yet again household debts are at record levels.
So is banking really to blame?
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A video has emerged showing several French police officers round up a woman in a white medical robe during a health workers protest in Paris. Officers can be seen dragging her by the hair as she begs for help.