Gary Gensler concerned with decentralization of Bitcoin and illicit use, consumer protection coming for DeFi, ICOs, and altcoins

It is definitely unclear if the future will end up promoting the decentralization and financial self sovereignty in Bitcoin out of necessity. Right now we expect to see Bitcoin continue to be treated as property and uphold its genuine decentralization.

But it is clear that new regulation is coming for ETH, DeFi, and the altcoin armies targeting scams, frauds, and rug pulls galore!

Taproot is coming November 2021 – How does it affect you?

The average Bitcoin user will not notice much unless they are using a new software update that utilizes a Taproot protocol such as Schnorr signature aggregation or smart contracts.

At first network improvements from Taproot implementation will be minor as initial hurdles in setting up/updating/running Taproot are overcome. Lightning network will be streamlined further by batched Schnorr signatures and reduce network congestion in meaningful amounts over the layer 2 sidechain.

How Bitcoin Miners Set the Price Floor in 2021

Bitcoin miners have set the price floor for the market traditionally. I’ve always calculated this as a combination of national energy costs where mining is most prevalent and mining equipment purchases.

This has always given me confidence when buying during the bear market lows and helps give a foundation to prices historically.

But now, we are seeing adoption of Bitcoin for the fundamental utilities such as a store of value against inflation, government corruption, and censorship.

That is the unknown value added onto that mining floor price.

What is a Yat?

Emoji based URLs.

Throughout the world people of all nationalities, cultures, and languages, communicate on smartphones with emojis.

Yats are a new and unique way to establish a digital reputation. Host all of your NFT art collection or setup a re-direct to your companies website.

bitclout scam

Is Bitclout a scam? Probably..

Bitclout is another presale junk token scam riding the NFT hype wave.

Tons of mainstream crypto investors bought tokens for dirt cheap and are going to dump on all the newbies for 100x gains..

Based on nothing.. No proper smart contracts, no value backed in ETH, Bitcoin, or even tether.

It’s a scam.