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Will Who Wins The Presidential Election Matter For Crypto?
The post suggests that while election outcomes don’t greatly impact long-term market trends, a Trump win could boost crypto, especially altcoins, due to his pro-crypto stance. The author expects Bitcoin to hit new highs regardless, but believes Trump’s win would likely lead to a stronger rally.
Congress, rather than the president, plays a key role in shaping policies, with a divided or Republican-led Congress typically benefiting stocks.
Vitalik Buterin forcefully responds to Ethereum Foundation critics | "I haven't sold a single ETH in the last month”
Vitalik Buterin responded to critics blaming him for Ethereum’s downturn and a $94M transfer to Kraken, clarifying it was for funding developers. He emphasized he hasn’t sold any ETH, and instead suggested grant recipients stake ETH to avoid dividing the community while covering costs.
Web 3.0: Even Forbes Sees The Death Of Hollywood
The post argues that Hollywood is collapsing due to technological disruptions, with streaming and generative AI leading the charge. Streaming broke Hollywood’s monopoly on content distribution, and now AI platforms like Showrunner allow users to create personalized entertainment, reducing the need for centralized studios.
The rise of Web 3.0, which promotes decentralization, further threatens Hollywood’s relevance by creating alternative platforms that cater to content creation and distribution. As AI and Web 3.0 evolve, they offer a decentralized future for entertainment, making Hollywood increasingly obsolete.
Centralized or Decentralized: Which Do I prefer for saving money?
The post compares centralized and decentralized options for saving money, noting that traditional banks offer low interest (1-3% APR), while decentralized platforms like Hive provide higher returns (up to 15% APR). Decentralized options, though riskier due to lack of central control, can offer greater financial rewards.
The author prefers decentralized savings, specifically Hive, citing its competitive APR and easy withdrawal process. While some doubt the high APR is sustainable, the author sees potential in using Hive for future savings due to its attractive return rate.
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