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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

Wizards of the Coast Prohibits AI in Magic: The Gathering Amidst Controversy

Wizards of the Coast, the renowned game developer behind the Magic: The Gathering franchise, has recently implemented a company-wide ban on the use of artificial intelligence (AI) tools within its game. This decision comes in response to accusations made by gamers who claimed that AI was used to create images for the new Tomb Raider Secret Lair card game set, instead of human artists. The controversy surrounding the use of AI in the creation of these images has prompted Wizards of the Coast to take a firm stance against its use.

The use of AI in the creation of art has been a topic of debate in recent years, with proponents arguing that it can enhance the creative process, while others express concerns about the potential loss of human artistry and craftsmanship. For 30 years, Magic: The Gathering has been built on the innovation, ingenuity, and hard work of talented individuals who have sculpted a beautiful and creative game. Wizards of the Coast, in a statement released on Tuesday, emphasized that this fundamental aspect of the game will remain unchanged, stating that their internal guidelines continue to require artists, writers, and creatives to refrain from using AI generative tools to create final Magic products.

In acknowledging the concerns raised by fans, Wizards of the Coast also addressed a previous job posting for an editor position, clarifying that it was specifically for editing and touching up human-created art and was unrelated to generative AI. This clarification emphasizes the company's commitment to preserving the human element in the creation of Magic: The Gathering content.

While Wizards of the Coast has not provided an exact reason for its tweet and policy clarification, it is evident that the controversy surrounding AI-generated images in the Tomb Raider Secret Lair card game set has played a significant role. This is not the first time that AI has posed challenges for the iconic tabletop game developer. In August, Wizards of the Coast confirmed that an artist, Ilya Shkipin, had used AI to create artwork for a Dungeons and Dragons book cover without proper attribution. These incidents highlight the need for game developers to establish clear guidelines and policies regarding the use of AI in the creation of their content.

The response from fans and gamers on social media has been mixed, with some expressing skepticism about the effectiveness of the ban and the company's ability to enforce it. One Twitter user, Norn Queen Kya, responded to Wizards of the Coast's statement by expressing appreciation for the company's commitment to appearances, but also suggesting that they may once again be caught using AI in the future.

As the controversy surrounding the use of AI in the creation of Magic: The Gathering content continues, it remains to be seen how this ban will be enforced and what impact it will have on the overall creative process. However, the decision by Wizards of the Coast to prohibit the use of AI tools in its game is a clear statement of the company's dedication to the talent and creativity of its human artists and creatives. It serves as a reminder that, despite the advancements in technology, the human element remains an essential and valued part of the Magic: The Gathering experience.

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