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The year was 1927 so television antennae were not in existance yet. I wouldn't have any idea how many people had antennae on their houses, and relied exclusively on whatever aerial came built into the radio or stuck out 1-3 feet from it. Apparently some enterprising folks started marketing an underground antenna... but do AM radio waves penetrate the earth? Wikipedia says yes:

Mediumwave radio transmissions (frequencies between 300 kHz and 3000 kHz), including AM broadcast band, travel both as groundwaves and, for longer distances at night, as skywaves. Ground losses become lower at lower frequencies, greatly increasing the coverage of AM stations using the lower end of the band. ... AM radio stations rely on ground wave propagation to cover their listening areas, which are typically several hundred miles radius.

You'd think this would have caught on more?

Bitcoin Price Declines 8% but Bulls Active above $40,000

The price of Bitcoin experienced a sharp decline after reaching close to $45,000, dropping over 8%. However, there seems to be some bullish activity above the $40,000 level. Bitcoin is currently trading below $43,500 and the 100 hourly Simple Moving Average. A key bullish trend line with support near $43,500 was broken, indicating bearish signs.

Bitcoin had been in a bullish zone after surpassing the $40,000 resistance, steadily rising above $42,000 and $43,000. The price even reached above $44,000 but failed to test the $45,000 resistance. It then began a swift downward correction, falling below $44,000. Additionally, there was a break below the crucial bullish trend line near $43,500.

The BTC/USD pair dropped below the 50% Fib retracement level of the upward movement from its swing low of $39,398 to the high of $44,699. Bitcoin is currently trading below both $43,500 and the 100 hourly Simple Moving Average. However, the $40,000 support level and the 76.4% Fib retracement level are being defended by the bulls. The price is currently attempting a recovery but is facing resistance near $42,400.

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BitcoinPrice #BearishSigns #BullishMomentum #Cryptocurrency

NFT bro

https://coinmystique.com/cathie-wooden-bullish-on-bitcoin-and-ai-convergence/?feed_id=9235&_unique_id=652764908a5c1

In a current Twitter put up, Cathie Wooden, CEO of Ark Make investments, expressed her optimistic view on the intersection of Bitcoin (BTC) and synthetic intelligence (AI)In her tweet, Cathie Wooden subtly hinted on the immense transformative potential inherent within the dynamic synergy between synthetic intelligence and Bitcoin, emphasizing the probabilities and optimistic implications these applied sciences maintain for numerous industries and the general financial panorama. Her enthusiasm serves as a testomony to the fast and ever-evolving nature of each the cryptocurrency and synthetic intelligence sectors.The convergence between Bitcoin – and AI might rework the way in which firms manage, inflicting a collapse in prices and an explosion in productiveness. I used to be blown away by the probabilities these sensible entrepreneurs are creating. Search for this podcast on Thursday! https://t.co/kPW92CuhFQ— Cathie Wooden (@CathieDWood) September 2, 2023Backing Wooden’s optimistic outlook is a analysis doc revealed by ARK Make investments titled “Investing In Artificial Intelligence.” This analysis serves as a sturdy indicator that each Cathie Wooden and Ark Make investments are actively assessing the importance of AI inside their funding methods.All through the years, Cathie Wooden has allotted investments to numerous AI-related shares, demonstrating her sturdy perception within the rising know-how. Past her eager curiosity in AI, Cathie Wooden’s enthusiasm for Bitcoin is obvious by ARK Make investments’s endeavors regarding the Bitcoin ETF. Moreover, in addition to Bitcoin, ARK Make investments has substantial holdings in Coinbase and Robinhood, solidifying its presence within the cryptocurrency business.Associated: Bitwise withdraws Bitcoin and Ether Market Cap ETF utilityThe doc additionally highlights Ark Make investments’s methods which have reaped rewards from investments in synthetic intelligence tech shares. The ARK Disruptive Innovation ETF (ARKK), devoted to AI and different pioneering applied sciences, outperformed the NASDAQ 100 Index (QQQ), attaining a major mid-year revenue of 41.2%.Wooden’s tweet, together with Ark Make investments’s analysis, illustrates the rising affect of AI within the realm of investments. The fusion of Bitcoin and AI has the potential to set off a profound transformation in company operations, doubtlessly reshaping productiveness and price dynamics. As traders discover contemporary avenues for progress, Wooden’s optimism serves as a persuasive sign of the huge potentialities rising on the intersection of cryptocurrency and synthetic intelligence.Journal: SEC calls ETF filings insufficient, Binance loses euro accomplice and different information: Hodler’s Digest, June 25 – July 1Supply: https://cointelegraph.com/information/cathie-wood-bullish-on-bitcoin-and-ai-convergence

Research develops a model of trust in Ethereum token ‘Ether’ payments (TRUSTEP)

My new research developed a model of trust in making payments with the Ethereum (Zarifis, 2023). I published the first peer reviewed research on trust in payments with Bitcoin in 2014 (Zarifis et al. 2014), and I wanted to apply my experience from that to understanding the consumer’s perspective to making Ethereum payments.

Ethereum is being utilised in various ways, including smart contracts and payments. Despite some similarities with Bitcoin, Ethereum is a different technology, with different governance and support.

Ethereum payments require digital wallets and the process is different to paying in traditional fiat currencies like the Euro. When a person wants to take an action without controlling all the parameters, and some risk is unavoidable, trust is necessary.

Figure 1. Model of trust in making Ethereum payments, TRUSTEP

The model demystifies how trust is built in consumer payments with Ethereum. The model starts with the individual’s predisposition and then covers the factors from the specific context of Ethereum payments. From the person’s individual characteristics, their willingness to innovate in finance and technology have a role. There are then five variables from the contexts: Adoption and reputation, stable value and low transaction fees, effective regulation, payment intermediaries and trust in the seller. The personal and contextual factors together influence trust in the Ethereum payment process and making a payment with Ether.

While the model has similarities to previous models of trust, such as the role of each individual’s psychological predisposition and the role of reputation, the role of institutions such as regulators and the importance of trust in the retailer, the distinct characteristics of Ethereum also play a role. In fact, the factors related to the distinct characteristics of Ethereum have the strongest support based on the average of the responses. This research can be added to a growing body of research in trust that illustrates how users’ beliefs in each cryptocurrency need to be explored separately.

Furthermore, the role of the organizations involved in the payment process are shown. While trust in the retailer is usually a factor in retail payments, the regulators and payment intermediaries are not always a significant factor, so it is a useful contribution to show that this is the case here.

That is what I want to share with you here. If you have experiences related to what I am talking about, please let me know, I would love to hear from you.

Reference

Zarifis A. (2023) ‘A Model of Trust in Ethereum Token ‘Ether’ Payments, TRUSTEP’ Businesses, vol.3, no. 4: pp.534-547. Available from (open access): https://doi.org/10.3390/businesses3040033

Zarifis A., Efthymiou L., Cheng X. & Demetriou S. (2014) ‘Consumer trust in digital currency enabled transactions’, Lecture Notes in Business Information Processing-Springer, vol.183, pp.241-254. Available from: http://link.springer.com/chapter/10.1007/978-3-319-11460-6_21#

Hi, I'm mid 20s just now trying to build credit. Do you have anything that's like, explain like I'm 5, cause I really don't understand and I'm feeling like I'm playing catch up with my life. From picking a card, to actually building it?

Okay, so building credit sounds super complicated, but I promise that it's not. A lot of the complicated things, like calculating your credit score, are done by other people. Your job is to spend money so responsibly that it impresses the people doing the calculations.

Building credit is very important these days, and no credit score is even worse than a bad credit score. It is important to have a credit card, even if you don't need to borrow money and you have enough. This is so that one day, if you have a $20k medical emergency, or you want to buy a house and you need, like $500k, your bank trusts you enough to give you the money you need.

Credit is something (usually money) that you borrow for something. The example we'll use for this post is money being borrowed to pay for something. Your credit score ranges from 300 to 800, and as long as you're above 700, you have nothing to worry about.

Interest is the money you pay on top of the credit you borrowed. If you borrowed $100 in credit with 10% interest, that means that you will pay the person back $110. The interest depends on so many factors such as how much money you are borrowing and who you are dealing with. So there is no set number.

There are four types of credit:

Revolving Credit - Like a credit card, where you get a certain limit of credit every month. If you use that credit, you can pay it back within that month with no interest, so just the amount of $ you borrowed and nothing else. If you don't, it'll roll over to the next month and you'll have an interest added on top of it.

Charge Cards - They are like credit cards, but you can't roll the credit onto next month. You have no choice but to pay what you borrowed in full that very month. This isn't as common these days but some banks might still offer this option.

Service Credit - When you pay for a month-long or annual service, like a bill. You get that service continuously, but you have to pay for that at a certain point. Think of it like Spotify Premium. You'll probably pay once a month for that, but you can enjoy unlimited music with no ads all month long. The same applies to rent and gym memberships.

Installment Credit - This is where the big money comes in. You use these for student loans and mortgages on your house or car. Assuming you have a good credit score, you might be interested in buying a house. The bank will pay the seller the money they need, and you'll have an agreement with the bank to pay them a certain amount, with interest, every month. The bigger the monthly payment, the smaller the interest, and vice versa.

The reason why everyone is so scared of credit is that if you don't pay your credit on time, the interest starts to pile on, and your credit score plummets. So, if you have an emergency tomorrow and desperately need to borrow money, the bank won't trust you so they won't give you the money you need.

But don't worry! It's not that hard to keep a good credit score! All you have to do is practice the following smart financial habits:

Get a Starter Credit Card. You will probably have a low credit limit, like $500 on it, maybe more, maybe less. But using that card is the first step towards building a credit score. You can set up your account to automatically pay your card in full every month.

Don't Spend What You Don't Have. If you're going to use the credit card, use it for something you were already going to get, like gas for your car. Make sure to pay the card back that day, or automate payments with your online banking accounts. Depending on which bank you're with, they should have an online guide on how to do that, but it's usually done through your credit card settings.

Spend Below 30% of Your Credit Limit. So if your credit card has a limit of $1000, you shouldn't spend any more than $300 a month, and make sure you have enough money in your connected checking account to pay that amount off that month. Some people swear that the magical spending number is 7%, so $70 on a $1000 credit card.

Only Get Loans if They're Unavoidable, and Pay Them Back ASAP. In a perfect world, you'll have enough money that you don't need to borrow a loan. Unfortunately, sometimes you have no choice, like with student loans. Your best bet is to agree on a monthly payment option that is as high as you can comfortably pay with low interest. This way, you pay it back faster and with less money wasted on interest.

To be completely fair, most of what I learned about credit was from the Bitches at @bitchesgetriches so if you have more detailed questions, I cannot recommend them enough.

💋

This weekend, two of the most influential figures in artificial intelligence (AI) and deep learning, Yann LeCun and Yoshua Bengio, fiercely debated the potential risks and safety concerns surrounding AI.

#AI #ML #Automation

Trust Wallet Token's Unexpected Rise

This week, Trust Wallet’s token (TWT), which is ranked 89th in the crypto world, shot up by 22%! That’s way more than most of the digital currency market. Just a week ago, it was trading at $0.773, but as of now, it’s at $0.946. And in the last 24 hours alone, it’s climbed by over 5%. Interestingly, while TWT saw this impressive rise, the entire crypto market’s value barely moved, increasing by less than 0.5%, based on what we saw on CoinGecko. The price jump seems to have been influenced by Trust Wallet’s latest update to their browser extension, which now allows for Ethereum Virtual Machine (EVM) swaps. Also, they’ve hinted at another surprise that they’ll be revealing soon, but they’ve kept us in the dark about what it is. A bit about Trust Wallet: It’s a wallet that supports multiple chains and lets users have full control

Read more on Trust Wallet Token’s Unexpected Rise