I find myself often overwhelmed, when reading updates on cryptosphere. The are just so many coins, tokens, some with a real purpose, some with none. Regulations, charts, news, updates, launches, ICOs, hacks, markets, exchanges - it's easy for one to get lost in the myriad of information.
Working with cryptocurrencies and blogging is not what I do full-time, hence I miss a lot of information. My mind often wanders, reading updates and jumps from thing to another. But why do I go through this? Because I believe that knowledge is power and information is key.
img credz: pixabay.com
Here's some pieces that I picked up recently - if you find some of that information interesting, make sure to head deeper into the well of news and look further.
Thomas Huber, a Swiss researcher at ETH Zurich University, claims that Bitcoin is still massively undervalued, because mainstream investors haven't yet wrapped their heads around the fact, that Bitcoin is currently the only viable candidate for a non-sovereign store of value.
According to Huber, the price of Ethereum might already have found its equilibrium, but for Bitcoin, the best is still ahead, as it offers:
“secure, decentralized, and censorship-resistant” payment protocol which constitutes the “reinvention of money.”
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And it goes well with a prediction from Anthony "Pomp" Pompliano's from Morgan Creek Digital Assets. The Pomp says:
“I think I have got a high degree of confidence that Bitcoin will hit $50000 sometime in the future…I’ve got some degree of confidence that it’ll be at the end of this year.”
Godspeed, Pomp, with that prediction, I hope it materializes :)
Bitfi, John McAfee-partnered-and-shilled hardware wallet, has put up a $100 000 bounty, if you can hack a $50 preloaded wallet. But, according to Bitfi themselves, this is not a call to help them find and iron out bugs -no, no - it's rather their way of proving, that their wallets are unhackable. Via bitfi.com/bounty:
This bounty program is not intended to help Bitfi to identify security vulnerabilities since we already claim that our security is absolute and that the wallet cannot be hacked or penetrated by outside attacks. Rather this program is intended to demonstrate to anyone who claims or believes that nothing is unhackable or that they can hack into the Bitfi wallet, that such attempts are futile and that the advertised claims about the Bitfi wallet are accurate.
Want to take part? Hit their website for further details.
UPDATE: There's rumors that it's been hacked
Materials:
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