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Bitcoin's All-Time High: Adjusting for Inflation

Bitcoin's All-Time High: A Perspective on Inflation Adjustments As Bitcoin inches closer to its all-time high, the cryptocurrency landscape is buzzing with discussions about whether its previous peak should be adjusted for inflation. With the U.S. Bureau of Labor Statistics' Consumer Price Index (CPI) inflation calculator suggesting a revised target of approximately $75,000, the debate intensifies. This adjustment isn't merely academic; it reflects the evolving role of Bitcoin in the financial ecosystem, especially as it vies for status as a serious inflation hedge. Understanding the All-Time High Previous Peak : Bitcoin reached an all-time high of nearly $69,000 in November 2021. Inflation Adjustment : Adjusting for inflation brings the real target closer to $75,000, emphasizing the need to consider economic conditions over time. Bitcoin as an Inflation Hedge Despite the volatility associated with Bitcoin, it continues to be regarded as a potential safeguard a

Why Prominent Crypto Twitter Users Are Choosing Not to Pay for Blue Checkmarks: Insights from an Ethereum Expert

As an Ethereum expert, I have been asked about the recent news regarding the blue checkmark on Crypto Twitter. It seems that many prominent individuals in the industry have chosen not to pay for this symbol of verification. Among them are Adam Back, Roger Ver, Brad Garlinghouse, and Andreas Antonopoulos. While some may see this as a sign of rebellion or nonconformity, I believe there are several reasons why one might choose not to pay for a blue checkmark.

Firstly, it is important to note that the blue checkmark is not a requirement for participation on Crypto Twitter. It is simply a symbol of verification, indicating that the account has been confirmed as belonging to a real person or entity. While this may provide some peace of mind for followers, it does not necessarily guarantee the authenticity or accuracy of the information being shared.

Furthermore, the cost of obtaining a blue checkmark may be prohibitive for some individuals. While Twitter has not disclosed the exact price, it is rumored to be in the thousands of dollars. For those who are not independently wealthy or backed by a large organization, this expense may be difficult to justify.

Another reason why one might choose not to pay for a blue checkmark is to avoid the appearance of elitism or exclusivity. By refusing to participate in this verification process, individuals can signal that they are not interested in playing by Twitter's rules or engaging in a popularity contest. Instead, they may prefer to focus on the quality and substance of their content, rather than the appearance of their profile.

Finally, it is worth considering the potential risks and downsides of obtaining a blue checkmark. While it may provide some benefits in terms of credibility and visibility, it may also attract unwanted attention or criticism. In a highly polarized and contentious industry like cryptocurrency, having a verified account may make one a target for harassment or trolling.

In conclusion, while many prominent individuals in the cryptocurrency industry have chosen not to pay for a blue checkmark on Crypto Twitter, this decision should not be seen as a sign of rebellion or nonconformity. Instead, it may reflect a wider trend towards independent thinking, authenticity, and substance over style. As an Ethereum expert, I believe that the value of an individual's contributions to the community should be judged on their merits, rather than on the appearance of their Twitter profile.

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