"In fact, Twitter changing its name to X is actually a huge marketing campaign by Capcom to announce Mega Man X9, I'm sure of it!"
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The brainwallet is the concept of storing coins in one's mind by remembering the recovery password. Early old-style brain wallets were created by memorizing passwords and converting them into private keys with hashing or key derivation algorithms (for example: SHA-256).
This method has been found to be very unsafe and should not be used because humans are not a good source of entropy.
The Lens protocol may not be as popular as Twitter for several reasons:
User Base: Twitter has built a solid user base over the years, while the Lens protocol may still be a relatively new platform and hasn't attracted a large number of users yet.
Brand Recognition: Twitter is a globally recognized brand with a strong presence in various parts of the world. It is often mentioned in news, TV shows, and used by public figures, further increasing its recognition and popularity. The Lens protocol may not have achieved the same level of brand recognition and visibility.
Features and Functionality: Twitter offers a wide range of features and functionalities that appeal to different types of users. From short and quick posts to hashtags, retweets, lists, trending topics, and a real-time discussion-friendly platform, Twitter has a diverse set of features that captivate its audience. If the Lens protocol doesn't offer comparable features or lacks a unique value proposition, it may affect its popularity.
Competition: Twitter has established itself as one of the leading social media platforms but also faces competition from other established platforms like Facebook, Instagram, and TikTok. The Lens protocol may struggle to compete with these established platforms and gain a significant market share.
User Learning and Adaptation: People may be accustomed to the format and interface of Twitter since it has been widely used for many years. Switching to a new platform may require users to learn how to use a new interface and adapt to a different environment. This can be a barrier to the adoption of the Lens protocol.
Marketing and Growth Strategy: The popularity of a platform can also be driven by an effective marketing and growth strategy. If the Lens protocol is not adequately investing in marketing, outreach, and user acquisition, it can impact its popularity and growth compared to Twitter.
Last week's BlackRock spot Bitcoin ETF filing was big news!
but, it's not the only story. many of the largest financial institutions in the US are actively working to provide access to Bitcoin and more.
a quick glance - $27 trillion of client assets here!
MicroStrategy Acquires 12,333 BTC for ~$347.0 Million, Holding 152,333 BTC Valued at ~$4.52 Billion
MicroStrategy, a leading business intelligence firm and one of the early corporate adopters of Bitcoin, recently announced the acquisition of 12,333 BTC for approximately $347.0 million. This purchase was made at an average price of $28,136 per Bitcoin. As of June 27, 2023, the company's Bitcoin holdings have reached an impressive 152,333 BTC, acquired for approximately $4.52 billion, with an average purchase price of $29,668 per Bitcoin. MicroStrategy's continued investment in Bitcoin demonstrates their long-term commitment to cryptocurrency as a strategic asset.
MicroStrategy's Bitcoin Accumulation Strategy:
MicroStrategy's CEO, Michael Saylor, has been a vocal advocate for Bitcoin and a firm believer in its potential as a store of value and hedge against inflation. Since August 2020, MicroStrategy has been aggressively accumulating Bitcoin as part of its corporate treasury strategy.
The recent acquisition of 12,333 BTC further solidifies MicroStrategy's position as one of the largest institutional holders of Bitcoin. With a total investment of over $4.52 billion, the company's Bitcoin holdings are now valued at a substantial amount, highlighting their confidence in the future of digital assets.
Bitcoin's Potential: Reaching $40,000 in 2023
Introduction:
This article explores the potential factors that could drive Bitcoin's price to reach $40,000 by the end of this year. While predicting cryptocurrency performance is challenging, several factors contribute to potential price increases.
Institutional Adoption:
Increasing institutional adoption is a significant driver for Bitcoin's growth. Institutions like major banks, asset management firms, and corporations are embracing Bitcoin as a store of value. Their entry into the market boosts demand, legitimizes Bitcoin, and attracts more investors, potentially pushing the price higher.
Widespread Acceptance and Usage:
Bitcoin's value relies on its use as a decentralized digital currency. As more businesses and merchants accept Bitcoin as payment, its utility increases. The integration of Bitcoin payment solutions by payment processors and fintech companies makes it easier for consumers to transact with Bitcoin, driving mainstream adoption and potentially influencing its price positively.
Limited Supply and Halving:
Bitcoin's scarcity contributes to its value proposition. With a maximum supply of 21 million coins, the controlled issuance and halving events reduce the rate of new supply. This scarcity-driven model can fuel demand as investors perceive Bitcoin as a hedge against inflation. The previous halving events have historically correlated with price increases, and if this trend continues, it could contribute to the $40,000 target.
Market Volatility and External Factors:
Bitcoin's price is subject to market volatility influenced by external factors. News about regulatory developments, government actions, economic indicators, and global events can impact investor sentiment and drive price movements. Traders and investors closely monitor these factors to capitalize on market opportunities.
Conclusion:
While predicting Bitcoin's price with certainty is impossible, factors like institutional adoption, widespread acceptance, scarcity, and market volatility can contribute to its potential growth. However, investing in cryptocurrencies carries risks, and individuals should conduct thorough research and exercise caution before making any investment decisions. The future performance of Bitcoin depends on a multitude of factors that can significantly influence its price trajectory.
Apple Vision Pro
Apple unveiled its long-awaited virtual reality device, the Apple Vision Pro, which aims to make virtual reality more mainstream. The device offers immersive experiences controlled by gestures, eye movements, and voice commands.
While initial reviews were mixed, Apple's vast ecosystem of iPhone, iPad, and Mac users positions them well to drive adoption. The future of virtual reality and its impact on the market will depend on continued technological advancements and the emergence of new ecosystems within the industry.
LensKit is an online platform that allows researchers to explore protocol profiles and publications. It offers a comprehensive view of research activities across various fields, promoting collaboration and knowledge exchange.
Key Features:
Protocol Profiles: LensKit provides detailed information about research protocols, including title, author(s), abstract, objectives, methodology, and results. The number of citations received by each protocol is also displayed, indicating its impact.
Publications: The platform offers a vast collection of research publications, enabling users to access scholarly articles and scientific papers related to their areas of interest.
Collaboration and Knowledge Exchange:
LensKit facilitates collaboration among researchers by connecting individuals with similar research interests. It encourages discussions, knowledge sharing, and potential collaborative projects.
Link : profile.lenskit.xyz/
example
profile.lenskit.xyz/lensprotocol