NFTs, Bitcoin dominance, Business transition, Satoshi Nakamoto, Taking risks... - 124th 🐯 curation
@HODLCommunity presents to you the 124th LeoFinance Curation Post
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I found it cool especially when I came across Nike doing the same thing. Making their tokenised goods available on the Metaverse. Well, it's awesome and sends jingles to even a noob like me. What got me caught up though was the authentication part. Why? Well because it seemed famous designers are venturing into the metaverse as well and trust me this would spell disaster to a lot of fakes out there.
One great quality of NFT is that it gives room for more authenticity, the blockchain is transparent, everything is on the blockchain. With this it will be easy to shop better once you are about to buy something and you perceive it to be fake, all you need to do is say, send me the transaction ID of the NFT and voila you can tell if it’s original or not.
As the markets become saturated with more participants in the nearest future, I’m of the opinion that Bitcoins dominance in market share might continue to reduce because of its technological limitations.
This is definitely inevitable, it’s just a matter of time before it’s dominance will be pushed down. There was a time it’s dominance was 100% right, after these years it reduced to 37%.
Are you still playing it safe (Not Investing) or Taking risks (Investing) in 2022? by @onwugbenuvictor
As Human beings playing it safe, is not all bad but at the same time it is not all good either, because playing it safe gets you stuck in a particular level and doesn't help you grow, some people have accepted that fact but some still ignore it, thinking the safest thing to do is play it safe and not invest. if 2020 and 2021 have not taught us anything, it has taught us that playing it safe just hold us back from taking part in the beauty and profits of investing, imagining how rich those who bought BTC below $10k and sold some of it at the all time high of 64k before the current dip? even with this current dip, they are not still at any loss.
A wise man once said that the greatest risk to take is not taking any risk at all. Ever since I became financially knowledgeable I find that to be true everyday.
Like earlier said, they have been many theories on who Satoshi Nakamoto really is and nobody has been able to reveal the real identity. The trick about the name is, it was never spelled in Japanese Kanji characters thereby making it difficult to get a clear translation of what the name could mean. So some clues on however translating the name ere; Reason, Justice, Clear Thinking, or even Logically
I feel his/their hidden identity is one of the reasons Bitcoin is as successful as it is right now. Imagine his identity was revealed, do you think he will be free? The government would have come for him and probably arrested him. He is the reason I sometimes believe in time travel. I think he is from the future, he saw what happened in the future, came to the past changed it and didn’t reveal his identity. 😂 don’t take me seriously please.
If you have finally decided to make the digital transition, do accept my hearty congratulations.Remember, online businesses do not take days off, no public holidays, no weekends, no sick leave, etc. So, WELCOME TO A NEW DISPENSATION. It gets better, if you already have a physical store, the online store helps drive more business to your physical base as well. So, think of it this way, it is a win-win situation for you and your business!
As the world is evolving, you are meant to evolve along with it so you don’t get left behind. Definitely learnt a lot reading this, these are nice ways to transition your business online.
This post is created by @readthisplease to curate quality content on LeoFinance.Hive on !
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