๐๐ ๐ฒ๐จ๐ฎ'๐ซ๐ ๐๐จ๐ง๐๐ฎ๐ฌ๐๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ง๐ ๐ฐ๐ก๐๐ซ๐ ๐ข๐ญ'๐ฌ ๐ก๐๐๐๐๐, ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ญ๐ข๐๐ฅ๐ ๐ข๐ฌ ๐๐จ๐ซ ๐ฒ๐จ๐ฎ. ๐๐๐๐ ๐ข๐ญ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ.
And if you're a KOL scamming people and scared of the consequences, this article is also for you.
2000 dot-com bubbles in the US. Stocks related to the internet and with .com domain names skyrocketed.
Amidst the chaos, an idea emerged. Internet money, online currency for buying and selling online. We've all encountered Error 404, but there's also Error 402, Payment Required, evidence of an online payment system established long ago.
8 years later, during the 08-09 US economic crisis, to understand the cold-bloodedness of the financial industry, watch The Big Short, Margin Call, Too Big to Fail, Inside Job in that order.
This is when Bitcoin was born and slowly gained acceptance from the Cyberpunk tech community. Everything seemed fine until 2010.
4 important events in late 2010:
- Mt Gox exchange, the first $BTC trading platform, was launched. Silk Road marketplace started operating, allowing the purchase of drugs, fake passports, guns with $BTC.
- Julian Assange, founder of WikiLeaks, assassinated for exposing government secrets. Basically cut off from using traditional banking methods. Supporters sent money in $BTC. (Watch The Fifth Estate to understand the magnitude of this event and why no one talks about it).
- Satoshi started posting less and eventually went silent as $BTC became the center of attention due to its involvement with Silk Road and WikiLeaks.
- The most significant event at that time. $BTC miners switched from CPUs to mining with graphics cards (GPUs).
GPUs are powerful in handling heavy tasks, used for gaming, video rendering, and of course, mining $BTC. According to Moore's Law, processing power doubles every 1.5 to 2 years (transistors double), while costs halve.
ASICs, or mining rigs, emerged for this reason. With increasing processing power, miners had to upgrade and push the POW coin to defeat ASICs.
Of course, Moore's Law has its limits, and technology is reaching those limits. Doubling the number of transistors is becoming increasingly challenging. Packing more transistors requires shrinking them, but making them too small is a problem.
It's getting long. I'll write part 2 about the crypto market from 2010 until now. Have a great weekend, everyone.
Meowing our way to @okxweb3๐พ ๐พ ๐พ
Win 10K $MNT Rewards & 30 Fish Coin for Every Participants ๐ช๐ฐ
Join inโก๏ธ: https://t.co/WVdMki7hOu
The Meow Meow Universe Rewards are here, make some cat yell ๐บ๐ซ
๐ Earn $BWB points and 30 Fish coin rewards when you sign in to @CatizenAI using Bitget Wallet!
๐ Join the fun in 3 easy steps:
1๏ธโฃ Start Catizen-Mantle telegram bot: https://t.co/WLq49mfv6x
2๏ธโฃ Check-in the game using Bitget Wallet!
3๏ธโฃ Download #BitgetWallet: https://t.co/379NnCLuYu
Don't miss this opportunity ๐ฅณ
๐ฃ Catizens!
Catizen going online for over 1 month and we have amassed 3M Catizens in Kittyverse!๐
๐ฅHere are some data we'd like to share๐ฅ
๐พ Total In-Game Catizens: 3M
๐พ DAU: 564K
๐พ On-Chain Meows: 268K
๐พ On- Chain Transactions: 3.3M
๐บ The development of Catizen's Phase I on @ton_blockchain has achieved great success, thanks all for your love! Phase II - Launchpool will be online soon, look forward to your participation!๐
๐๐ Just 1 Hours Left Until Catizen's open beta Launches on Mantle! @0xMantle | @0xMantleEco
๐พ Dive into the Kitty Metaverse & amp up your feline squad for a chance to snag bountiful Token AirDrops & 230K $MNT Rewards! ๐ช๐ฐ
Don't miss your chance to be ahead from the start! Meow awaits! ๐บ๐ซ
Catizen Launchpool is set to go live in-game with this latest update! The official start time for the Launchpool is April 28th at 0AM UTC. To ensure you don't miss out on rewards, feel free to stake your Highest-level Cat and Fish Coins in the pool before it starts!
For this 1st Catizen's Launchpool, participation requirements are set at Cat level of โฅ110 or staking at least 1,000 Fish Coins. Based on our data tracking, these requirements cater to different player groups, covering the majority of Catizen players.
Additionally, during the launchpool warm-up to end period, we'll have a special event where you can get Double Fish Coins for inviting friends! This means you'll receive double Fish Coin rewards for every new player you invite during the launchpool period or for any previously invited players who upgrade!
Please note: Catizen's governance token airdrop will airdrop to game players and $wCATI point holders. This 1st Catizen Launchpool is just the beginning, with more $wCATI points and tokens from other high-quality projects in @ton_blockchain awaiting mining in the future!
Don't miss out on the opportunity to earn more fish coins and participate in the Launchpool by inviting friends and completing quest bot tasks!
#Catizen #TON
I fell down the crypto rabbit hole in the year ๏ผฟ๏ผฟ๏ผฟ.
I bought ๏ผฟ๏ผฟ๏ผฟ at $๏ผฟ๏ผฟ๏ผฟ.
I was not the very first.
But now I am the first to get @rune_coin, a pioneering fungible token project on Bitcoin! LFG!
#RUNES#RSIC#MEMELAND#STAKELAND
$TIGER is ready to jump in! ๐ฏ Meet the new meme token on TON that has REAL utility!
It will be a MAIN resource in a future game where you can MINE crypto.
Made by the creator of the hit NFT collection TON Sharks - Pixel God. Fasten your seat belts ๐
#TON#NFT#TONTiger
$TIGER is ready to jump in! ๐ฏ Meet the new meme token on TON that has REAL utility!
It will be a MAIN resource in a future game where you can MINE crypto.
Made by the creator of the hit NFT collection TON Sharks - Pixel God. Fasten your seat belts ๐
#TON#NFT#TONTiger
๐พ Less than 1 hour left until Catizen Open Beta begins!
โฐ Get your alarms set and your WiFi ready to gain that competitive edge right from the start!
๐ช Upgrade your cats in the Kitty Metaverse to unlock more AirDrop rewards! ๐๐บ
Get Ready: https://t.co/dBFtdoeA7a ๐ฅ