This Level is Key 🗝️

14 may 2022

Hi everyone,

Bitcoin below 30k at the moment and for me, personally, that makes NO sense.

Then again nothing does make sense lately: year 2022 humans kill each other and nuclear weapons is a 'threat' that exists. This has to be a dump place to live but what can I do?

We will know what happens next only when it happens. For Bitcoin and Crypto as such.

Right now, there’s a lot of talk in the media about what cryptocurrency is, with all the goods (innovation) and bads (Terra incident and need for regulation).

If you’re still confused, we can try and bring you some answers. In short, cryptocurrency is a form of universal, digital money that can be used to buy goods or services. Cryptocurrencies can also be traded or viewed as investments, but their extreme volatility means that they aren’t for the faint of heart.

So, what makes cryptocurrencies different from traditional currencies like the dollar or euro? It starts with trust. The word “crypto” comes from the cryptographic techniques used to ensure that cryptocurrencies can be transacted securely. These techniques replace the need for a bank or other third party to oversee transactions.

The core part of crypto’s appeal is a decentralized financial system—one that doesn’t rely on banks or powerful institutions to work—could be faster, cheaper, fairer, and more transparent. But cryptocurrency also has its own issues to figure out if it’s ever going to fulfill that promise.

After all, again, we live in a place that there is no trust, between Countries or people.

Professor is with Bitcoin.

One Love,

the FXPROFESSOR