All the money that's been donated to these HUGE charities around the world, yet we are still fighting starvation. How is this possible?

If only we could track the money... If it was #Crypto we would be able to...🤯

1/ 🧵👇
2- Did you know that roughly $2.3 Trillion is donated to Charities around the world?

Realistically, after one year of donations there should be no more starvation, right?
3- Well without pointing fingers directly, we could definitely say that all the money isn't reaching the people who truly need the donation.

That's where the #Blockchain comes in.
4- If we utilised the powers of #blockchain technology and decentralisation, then we can destroy these dishonest charities.

The difference between #money and #crypto is that money lies.
5- The #blockchain can be used to track money and donated funds to ensure no funds have been moved elsewhere (like a CEOs personal account).

When a transaction takes place on the #blockchain, that information is stored forever!
6- We as a #Crypto community can change the world, especially for those in need, who may not be receiving our donations as these greedy CENTRALISED corporations are able to hide and move #fiat money.

• • •

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More from @AltCryptoGems

Dec 15
What is a #DAO and how is it shaping the future of #Crypto and #finance?

This crypto guide as well as other free guides & project reviews can be read more clear on my website:
altcryptotalk.com/crypto-guides/

1/ 🧵👇 Image
2- The whole #Crypto #DeFi community believes in a decentralised space with no centralised entities governing their finances. Users in the #DeFi world have complete control over their #crypto but do they have control over the future of the protocols they've invested in?
3- In some cases, yes! It is called a #DAO, which stands for 'Decentralised Autonomous Organisation'. A #DAO allows the community to make every future decision regarding the protocol through proposals and voting!
Read 7 tweets
Dec 14
Have you ever heard of Goldman Sachs before? I'm sure you have because they are one of or if not the largest investment banking firms in the world and now they are looking to splash some cash in the #crypto market after the #FTX crash...
2- As we all know the #FTX crash brought down the price of many #cryptocurrencies if not all of them and those with eyes will see an opportunity...
3- In this case, #GoldmanSachs have spotted a major opportunity within the #crypto markets. However, we do not know which #cryptocurrencies they have their eyes on and will we notice the pumps in the #crypto they choose to invest in?
Read 5 tweets
Dec 14
Join us as we dive into the ultimate #Metaverse #Blockchain...

@klaytn_official

This project review as well as other reviews & free crypto guides can be read more clearly on my website: 🔽
altcryptotalk.com/crypto-guides/

1/ 🧵👇 Image
2- @klaytn_official is a hybrid open-source blockchain that launched in 2019, with a mission to shake the #gamefi and #metaverse space. The creators of #Klaytn are behind South Korea's largest internet company, #Kakao!
3- The #Klaytn #blockchain works differently from other major networks like #BNBChain, #Polygon or #Ethereum as they generally use one main consensus mechanism such as Proof-of-Work (PoW) or Proof-of-Stake (PoS).
Read 16 tweets
Sep 15
The World's first Sharding-based Blockchain...

Meet @Zilliqa!

Here's an extensive project review! 🔍

All my info, blogs, crypto guides & much more can be found on my website 👇
AltCryptoTalk.com

#NFA #DYOR #CRYPTO

🧵👇
@Zilliqa first launched in 2017, as they saw other blockchains struggling with one major problem, scalability. That is where 'Sharding' comes into play...
#Zilliqa's very own engineering team also created a programming language, 'Scilla' which is supposed to guarantee the safety of smart contracts by limiting the exposure to attacks on the blockchain.
Read 14 tweets
Sep 15
Here are the most important events that happened in the past week in #Crypto, all summarized!

If you're aware of these events, you're absolutely UP TO DATE with #crypto!

Let's get started!

1/ 👇 Image
2/
- Ethereum merge to proof-of-stake occurred successfully on 15th September.
- Opera crypto browser integrates MetaMask ahead of Ethereum merge.
- Starbucks offers an NFT-base loyalty program using Polygon's Blockchain Technology.
3/
- Major Ethereum mining pools like F2Pool, Poolin, BTC.com and Nanopool will support EthereumPoW after the merge.
- Bahrain central bank set to test Bitcoin payment processing solution.
- Bitcoin price falls $1K in few minutes as US CPI inflation overshoots.
Read 7 tweets
Sep 15
What is Hedging?

Hedging is an advanced financial strategy that tries to limit risks in financial assets.
Hedging consists of taking an offsetting or opposite position in a related security/assets/crypto.

🧵👇
There is a risk-reward inherent in hedging, while it reduces potential risk by offsetting the position, it also chips away the potential gains.
Generally, investors use hedging practices to reduce and control their exposure to risks.
For Example: Say Mr. X opened a long position in $BNB (Crypto) at a limit/market price of $280, but the price of $BNB starts falling due to certain market conditions so in this case,
Read 5 tweets

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