@HODLCommunity presents to you the 30th LeoFinance Curation Post
We feel very excited as we think we will address one of the most important issues on the leofinance.io platform: Curation.
We truly hope, big stakeholders will support this initiative in order to spread rewards to some amazing writers.
Our goal is to support content creators and generate qualitative interactions between LeoFinance users.
We will set a 5% beneficiary for every author selected in this curation report.
So Lions đŻ, let's roll !
Crypto Winning by @empress-eremmy
As it stands, the blockchain is at the center of all things financially at this point. Individuals, Companies and governments are looking for ways they can integrate, legislate or dispose of the digital payments system powered by the blockchain.
This is particularly highlighted in some power moves like the whole adoption of Bitcoin as a currency in some countries and the increasing adoption of crypto in a wide range of financial services.
Beyond finance, there are other sectors where the blockchain can really improve. The two major spaces are Healthcare and Logistics. As a matter of fact, there are already crypto based companies who have developed or are developing solutions based on this premise. For any sector that wins the adoption battle, it is a win for the entire space as the visibility alone with facilitate growth in other sectors.
Yeah rightly said. Blockchain will have a tremendous impact on Healthcare and logistics sector, we are barely even scratching the surface into what the potential holds, from blockchain based genetic market place to immutable storage, there is so much information to unlock. Blockchain really is the greatest thing after the internet, itâs so appealing to already be in this space.
Nigeria Takes The Lead As The Top Country To Use Crypto By Population by @readthisplease
I guess this is pure demonstration of when life gives you lemon you make lemonade. Because most of these countries on the list have had a lot of lemons from their governments. That is why people from Africa, Asian and South America are leading by population because most of them see it as an escape from poverty and governmental and financial institutional oppression.
This is quite inevitable, itâs been said that regions with the highest rate of inflation will be the first to use Bitcoin as a safe haven and quite rightly so this is the result. This also goes to show how broken the fiat system is and will continue to be.
Concept: August 8, 2021. Understanding Money by @marcusantoniu26
Money is anything that can be used as a medium of exchange. It is the next level of sophistication after bartering. It is defined by the people. If people decide that plastic buttons are money, then that is what money is. Money has 3 functions. It is a medium of exchange, a unit of account and a store of value.
This is a simple post that explains a lot. Many people with different definitions of money, but on a fundamental note, it solves 3 things. Medium of exchange, store of value and unit of account. A lot of what was taught in schools about money were based on lies, just tactics the government put in place to control the mind of people to believe money was only what they said money was.
Has the $50,000 gate opened for Bitcoin? by @fxanalista
#Bitcoin ($BTC) closed the week at $ 43,794 with a loss of 1.75 percent yesterday. On a weekly basis, it continued its 3-week rise with a value gain of close to 10 percent. After starting the week with a decline, Bitcoin (BTC) started to find buyers at $ 37,500 on Wednesday, August 4 and consolidated its position in the $ 40,000 band. The ongoing trend with sellers yesterday is also reflected in today and recovery efforts continue at $ 43,500 in the morning after a sag to the $ 42,000 band.
Youâve just got to love Bitcoin in bullish mode. Despite all the backlash from US senate, one will think there will be major sell offs due to fear of uncertainty, but quite the opposite, Bitcoin broke $45k in the early hours of today, how cool is that?! Perhaps more people are realizing that the broken fiat system isnât going to help them and the more these evil senators from the US push back, the more people see through them. I love whatâs presently happening with Bitcoin, to answer the question above, yes the 50,000 gate has been open. See you there...
NFT: Digital Solution or Delusion? by @xuanling11
NFT or Non-Fungible Token is booming and continuing to explode. The most expensive NFT was created by Beeple and sold for $69 million in March 2021. Another crazy sale is Nyan cat that was sold for 300 ether that is equivalent to $587,000 USD in February 2021. And if you look at the picture, it is just a running cat fart with a rainbow!
I get art and I get NFT, but you see the combination of both is craze indeed. I see the prices of what is sold from these NFTâs and I find it so difficult to wrap my head around it, sometimes I even get a headache. Weâve seen punks go for hundreds of thousands, penguins, rocks and all sorts, they are mind blowing, and not even the art themselves, but the other prices they are being sold for. Some people have begun to say they are being used to launder money, while that remains unknown, they give people reasons to believe it. We are in some crazy NFT bubble, and like every other crypto craze, this too shall pass. In the meantime, letâs enjoy the fun.
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