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Our Co-Founders are really enjoying ETHDenver!

They've met some great people these past few days and have formed some really strong connections with new colleagues

SPECIAL GUEST?
🗣👀

Algorand j
oins in on the fun and hosts AlgoRanch 🦾🏇

Mehmed & Rudy
met Algorand's Director of Product Management, Rotem Hemo, and discussed Algorand State Proofs 🔐🚀

They had the opportunity to meet and speak with the Algorand Foundation's newly appointed CEO, Staci Warden🤝🙏
Our Co-Founders provided Staci with an insightful explanation of Algorithm Finance and how it functions

As we see in these great pictures
it was all smiles & positive sentiment all around💚

We are very excited for the future of Algorithm Finance
and the positive impact we will have on Algorand & the entirety of DeFi

Stay tuned...exciting news and interactions are coming
🙂



tg-me.com/algorithmannouncements/37
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Our Co-Founders are really enjoying ETHDenver!

They've met some great people these past few days and have formed some really strong connections with new colleagues

SPECIAL GUEST?
🗣👀

Algorand j
oins in on the fun and hosts AlgoRanch 🦾🏇

Mehmed & Rudy
met Algorand's Director of Product Management, Rotem Hemo, and discussed Algorand State Proofs 🔐🚀

They had the opportunity to meet and speak with the Algorand Foundation's newly appointed CEO, Staci Warden🤝🙏
Our Co-Founders provided Staci with an insightful explanation of Algorithm Finance and how it functions

As we see in these great pictures
it was all smiles & positive sentiment all around💚

We are very excited for the future of Algorithm Finance
and the positive impact we will have on Algorand & the entirety of DeFi

Stay tuned...exciting news and interactions are coming
🙂

BY Algorithm Announcements





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Should I buy bitcoin?

“To the extent it is used I fear it’s often for illicit finance. It’s an extremely inefficient way of conducting transactions, and the amount of energy that’s consumed in processing those transactions is staggering,” the former Fed chairwoman said. Yellen’s comments have been cited as a reason for bitcoin’s recent losses. However, Yellen’s assessment of bitcoin as a inefficient medium of exchange is an important point and one that has already been raised in the past by bitcoin bulls. Using a volatile asset in exchange for goods and services makes little sense if the asset can tumble 10% in a day, or surge 80% over the course of a two months as bitcoin has done in 2021, critics argue. To put a finer point on it, over the past 12 months bitcoin has registered 8 corrections, defined as a decline from a recent peak of at least 10% but not more than 20%, and two bear markets, which are defined as falls of 20% or more, according to Dow Jones Market Data.

Importantly, that investor viewpoint is not new. It cycles in when conditions are right (and vice versa). It also brings the ineffective warnings of an overpriced market with it.Looking toward a good 2022 stock market, there is no apparent reason to expect these issues to change.

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