Heidegger and Bart Simpson make crypto

Heidegger and Bart Simpson make crypto

The truth is often more strange than fiction, but nowhere more than in the world of cryptocurrencies, where the boundaries between the two are blurred at an alarming speed.

This week (at least) two potentially pioneering work on digital assets were published. One was intended as a serious research that was distributed to journalists; The other, a broad parody. The readers are invited to guess which one is. Proper answers win a sticker that represents an end of the camel formation.

Sam Kopelman, British manager of the crypto broker Luno, hurried to deliver customers to the new declines that Bitcoin recorded on Wednesday. While the value of the most prominent digital coin had fallen to less than $ 30,000, Kopelman quickly assured the stock market speculator that Bitcoin would soon be traded at $ 34,500 due to the re-diving.

"[The Decline in the Price] marks a recurrence of the former bear market in a so-called beard formulation. The beard is a chart pattern in which the cryptoma market recovered before he experiences a short period of sideways movement until he suddenly catches up with all of his previous profits", Kopelmans conveyed wisdom.

take a moment to consider that Luno claims to have more than 10 million customers in 40 countries. This is supposedly one of the more trustworthy, more regulated and more credible companies that small investors can contact if they deal with crypto. And here is one of the key people who supports their investment advice on Bart Simpson's haircut.

The infamous beard pattern-characterized by a humorous indication of the form of Bart Simpson's head-indicates that another tip will follow. While the market is trying to make up for its losses in May, this pattern could continue if investors regain lost trust and test the next resistance of $ 34,500 again.

to be fair, there is no reason why Bart's name and picture cannot be used for technical analyzes. There is priority: Firstly, the Marubozu-Cander formation. According to those who make predictions on future price movements based on the pattern of the past, the Marabozu-Cander is a sign that prices will increase. It is also a Japanese word that means bare or shaved head.

But none of this explains why Bitcoin's price will recover. If we accept that the "sideways movement" in the price of Bitcoin Barts Haar, the next leg must certainly be lower, i.e. the outline of the Barts head. Kopelman seems to forecast the other way around Bart because as far as we can assess this, there is nowhere an upward trend:

The other significant contribution to the cryptocurrency literature this week came in the form of a white paper that describes the properties of a new stablecoin. This is very contemporary, since it occurs just a few weeks after the spectacular collapse of the algorithmic stablecoin terra, which destroyed assets worth around $ 60 billion in a dramatic trading session. The failure of Terra has reinforced the regulatory focus on stable coins that link fiat and crypto assets.

The WhitePapers' authors for zerostablecoin or ZERC have a proposal to create a stable coin that is not unstable, 2) immune to fraud and governance error and 3) meets the regulatory requirements around the world.

The proposal is to plug the coin up to zero .

"Naive readers could be tried to believe that zerostablecoin is worthless, since zero is often associated with worthlessness. However, the value of zero is not zero, although it is not countable, how wiser souls have demonstrated," says the newspaper before quoting the Dalai Lama.

This is correct, it is a Zen stable coin that is zero, but also not zero.

The starting point of your work quotes I want to do it in this way from Backstreet Boys as a description of a frequent state: "In human efforts and especially in the areas of romance and finance, users often ask rhetorical questions to the universe, such as 'Tell me?'"

Perhaps the authors will feel that their audience is ready for more demanding references and pass to complex mathematical equations.

and to prove the mathematical courage behind ZerostableCoin, the authors add this helpful diagram for the back of the class:

"The empty of cerotable coin is therefore its incomparable force compared to other stable coins. A force that has already been discovered by philosophers specializing in this area," continues the article before he quotes Martian Heidegger's rhetorical dictum " that wrote down nothing ".

that is nothing, as it suggests, to say an alternative type, 1 zerc = 1 $ = 1 € = 1 btc. These values also remain true under "Different enemy market regime assumptions and against various opposing models: rational, irrational, malicious, honest, but curious, honest, but malignant, active, passive, proactive, probiotic, hermetical and prophylactic".

In what we call the dark age of the stable coins, many “stable coins” were created, but they now have a value of zero or almost zero, or it is generally assumed that they “go back to nothing” due to their poor design or questionable governance model. Education of the stable coins has a name: cerostable coin. The first coin is fixed to zero due to construction and demonstrably stable.

As is mandatory, ZerostableCoin speaks of a "living community of developers, economists and artists", which will use their zero value guarantee in areas such as NFTS, token swaps and derivatives. Only by the reference side-which contains the recent new version of the British Ministerial Code and a hymnic crypto widow TIKTOK-is the gullibility of the reader more stressed than by the average crypto whitus paper.

Nevertheless, the Zen stable coin may no longer be useful for most crypto-analyzes. After all, the simpsons A kind of white paper shows a much less dynamic variant of Bart formation:


Source: Financial Times

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