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Talk about crypto stuff, personal development, entrepreneurship, travel experiences, and things that inspire me! Whatever you do, do it with love and passion!

Servus, my name is Lukas. I am from Tyrol / Austria and have been dealing with the topic of Bitcoin, Blockchain, and co daily for over 6 years. On Medium and Youtube, I combine knowledge from business and technology, paired with the most diverse, philosophical approaches about the world of cryptocurrencies.

I have always been a young rebel who stands for his opinion and takes responsibility for it. The time aspect has always played a big role in my life-both as a student and now as a freethinker and entrepreneur.

After my development over the last 5 years as a…

How does bitcoin mining work? What is Cloud Mining? Which bitcoin mining farm is the biggest? Is bitcoin mining profitable?

If you are looking for answers to one or more of these questions, then you have come to the right place! Learn everything you need to know about Bitcoin mining, explained compactly and.

What is Bitcoin Mining?

Bitcoin mining describes the performance of mathematical calculations using computer hardware. Through mining, transactions are collected in a block, verified, and added to the blockchain. The blockchain consists of all previous already verified blocks.

In return, the operators (so-called Bitcoin miners) receive newly mined BTC from the…

Photo by Scott Graham on Unsplash

Ethereum creates the DAO. The first decentralized autonomous organization consists of contracts that execute themselves on the blockchain. They form a company that doesn’t actually exist but still invests money to achieve goals. The genesis of DAO is already one of the largest crowdfunding projects of all time.

DAO. In Chinese philosophy, DAO is the breath that gives life to the universe. Without DAO, not only would everything be dead, but everything would be nothing. If at all.

The DAO in question here is also elusive. Organizations that have no physical and legal existence? An organization is governed not by…

Contracts create reliability — but only smart contracts can guarantee it. The EU Commission and the German Constitutional Court are currently demonstrating this difference. Can politics and monetary systems be trusted at all if they are not based on blockchains?

Last week, the German Constitutional Court handed down a ruling that received little attention but could have serious consequences for the future of Europe.

But let’s start at the beginning: with a philosophical concept — “contingency.” Namely, contingency means that although something is the way it is, it could be different. This sounds trivial at first — the weather changes…

Brian Goldner, CEO of Hasbro, sees a lot of potential in NFT, especially for its world-famous trading card fantasy game Magic: The Gathering. During the company’s first-quarter earnings conference call, he expressed his excitement about non-fungible tokens. He could very well see them being integrated into some of the company’s products in the future.

Magic: The Gathering from Hasbro soon to be available as NFT?
Chief Executive Office of Hasbro, Brian Goldner, recently revealed that the world-renowned game and toymaker consider incorporating Non-Fungible Token NFT with its products.

During the Q1 2021 quarterly earnings conference call, Goldner said Magic: The…

Photo by Pierre Borthiry on Unsplash

In the scene of investor products, there is a lot of movement and different ways of investing. ETFs are particularly popular at the moment. Since the last financial crisis, investor interest in passive investment strategies has once again increased significantly. Cryptocurrencies represent only one (and a very volatile) option in this regard. It is important to mitigate the risk associated with crypto investments.

For all those who want to invest in broadly diversified funds, the ETF or Exchange Traded Funds are of particular interest. Therefore, the ETF savings plan has now become particularly important.

What are the differences between ETF and ETP?

Although the ETF and ETP are…

In the past, if you needed to communicate securely, you had to turn to WhatsApp alternative Signal. The app is known for its sparing use of data and secure encryption. The app’s developers announced this week that they are now trying out a new payment feature in England to work with MobileCoin.

Apparently, the first users of the beta version can already use the payment function with the relatively unknown cryptocurrency. With this, Signal wants to enable its customers to send money anonymously. Users can then anonymously pay service providers such as web services, online orders, and even Casino Online…

The further development at 1inch does not stop. Today, 1inch’s in-house developed wallet solution for iOS is available and offers enormous advantages in the sparse wallet offering at Apple.

The 1inch Wallet offers a balanced mix of user-friendliness, security, and functionality. Now iOS users have the option to use the same features of the web version, as well as innovative mobile wallet features.

This development is a logical step, as more and more traders and investors are turning to mobile devices to trade and track the market actively. …

What is IOST?

According to its developers, the blockchain platform IOST is highly scalable and uses its own consensus algorithm, proof-of-believability.

Decentralized applications can be run on IOST and at high speeds of up to several thousand transactions per second.

Sharding, a database partitioning method, is used for this purpose.

The developers' goal behind IOST is to develop the leading platform for online services that meet the high demands of security and scalability in a decentralized ecosystem.

The acronym IOST is composed of the Internet-of-Service (IOS) and the word token (T). …

The CEO of PayPal is overwhelmed by the user reception for the payment service provider’s crypto products. All expectations have been far exceeded, Schulman said in Sunday’s interview with Time magazine. He also predicted widespread changes in the financial system within the next five to 10 years.

Demand for PayPal’s crypto products exceeds expectations

Dan Schulman, president, and chief executive officer of PayPal, was a guest interviewee with Time magazine last Sunday. The topics of the conversation were the current financial system, digital currencies as well as for cryptocurrencies.

Bitcoin and Co., in particular, left Schulman gushing. Since the introduction of cryptocurrency trading on the company’s platform…

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