👇🏼👀 Watch the full show 📺👇🏼
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In this clip, CryptoManRan dissects a series of mysterious announcements and Tweets from Jack Mallers, the CEO of Zap, a Bitcoin investment and payments company connected to the Lightning Network. It’s time to pay attention!
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Disclaimer:
Crypto Banter is a social podcast for entertainment purposes only.
All opinions expressed by the hosts, guests and callers should not be construed as financial advice. Views expressed by guests and hosts do not reflect the views of the station. Listeners are encouraged to do their own research.
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00:00 Big Announcements in Crypto
00:14 Market Moving Alpha
00:34 Jack Mallers on Strike & Apple
01:55 Why the Apple Cap?
02:24 Strike Network & Bitcoin
02:57 Jack’s Mysterious Announcement
03:12 Strike & Apple
03:42 1 Billion People More in Crypto
04:35 Apple Announcement with Jack Mallers
04:45 Bitcoin 2022 Miami Conference
05:18 Outro
05:31 Watch the Whole Show:
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The original intention of Bitcoin was to act as a payment system in the online world. It was designed to be faster, less censored, and independent of central banks. Although many cryptocurrencies have been created to function as payment systems, some are purely for speculation. However, there are numerous uses for cryptocurrencies. Read on to learn more about the pros and cons of each. You’ll be surprised at the wide range of possible applications.
There are a number of potential uses for crypto, such as helping people in developing countries. The first was to help fight against drug trafficking. Another was a cryptocurrency used for remittances. Among its uses is making payments for prescription drugs. This is not a solution for all people, of course, but it does make cryptocurrency a viable means of making payments to those in need. There are a lot of pros and cons to cryptocurrencies, and each has its drawbacks.
Regardless of the type of crypto, there are many pros and cons to each one. Ethereum, for example, has a lot of applications in the decentralized world. It’s the most popular crypto and its ROI is nearly 300% per year. Early investors have quadrupled their investment every year since summer 2014. However, investors should remember that prices of cryptocurrencies are volatile and that it’s not advisable to invest too much in them. Instead, they should prioritize paying off debt and emergency funds.
Cardano, another cryptocurrency, aims to become the financial operating system of the world. Like Ethereum, it plans to establish DeFi products. The platform also provides solutions for voter fraud and legal contract tracing. Its market cap is currently at $33 billion, making it one of the top-tier cryptocurrencies. The cardano team is currently working on its second release, but it is still in its early stages. Despite its current popularity, Cardano is a promising alternative to the established Ethereum.
Solana has broken out of its downtrend and has now reached its $100 resistance level. The next major resistance levels are $120 and $130. If the price of Solana can hold above this, it could continue its upward movement to a high of $100. Ultimately, the cryptocurrency is headed towards a new base at this point and is well-positioned to reach the $1.1 mark. Even though its price has hit a record low, it’s still a great opportunity to invest in ADA.
Some of the disadvantages of a cryptocurrency are its lack of regulation and the lack of consumer protection. It’s difficult to chargeback and is not FDIC-insured. Aside from a lack of consumer protection, cryptocurrencies are not regulated and can be subject to hacks. While they do not offer a guarantee, it is hard to fake them. And because they are not regulated, there’s no way to know who’s selling a counterfeit.
