One of the critical challenges that all new technologies, including Information Technologies (IT), must inevitably face is that the millions of users in the world, the “adopters”, almost never choose the best technology. Or, as it would be expressed from a Darwinian perspective, it is not the case that, for living beings, the strongest one is the one that survives.
In 2011, a close friend of mine was always talking my ear off about Bitcoin. He told me it was going to be the new digital currency for the world. I believed him, but didn’t get too involved, as I thought that was still far off.
After a year of transition the Galilel Core project is currently on track to expand and push development after gaining some solid footing in the last couple of months.
“Information” and “communication” are two terms that were redefined in the second half of the 20th Century and the first years of the 21st Century. These two terms are not perceived by modern citizens as having the same semantics they had in the past because in today’s world where information is digitized and travels at the speed of light and communication is virtual and mediated by electronic information, both have become synonymous with “power” and “control”.
According to cryptocurrency expert Andreas Antonopoulos, the world needs a borderless, decentralized, inflationary protected currency free from governmental and institutional manipulation. In 2009, Bitcoin launched an open source code for the purposes of sending peer-to-peer electronic payments without the use of a financial institution.
There is one universal fact: universities are seen as the pinnacle of knowledge, objective thinking and scientific rigor.
One of the first lessons anyone learns in the Crypto world, apart from “what a private key is” and “what Decentralization is”, is undoubtedly the lesson of “YOU CANNOT TRUST ANYONE”. The issue of security in Crypto has not been resolved, not even at a moderately successful level. There are a thousand ways to be scammed. It is likely that the word “SCAM” is one of the —let’s say— three most used words in Crypto.
There is a property of the network that has worried some users: the apparent ease that Bitcoin presents for any powerful detection system to trace all transactions.
The technology developed in order to inject crypto wallets into the messenger is called Lite.IM and it is part of a sociological and political manifesto based on Blockchain ideals.
One’s worst enemies during trading are not the unfair conditions in your Exchange, the manipulations performed by the so-called whales or the difficulty inherent to reading obscure graphics. No, one’s worst enemies are three basic emotions. If these emotions can be managed, one could then imagine being the king of trading.