The team has been working hard to refocus and chart a new course for the future. We have gone back to the drawing board and are building in a leaner, more agile fashion, with the goal of producing viable market products soon.
One of the key areas we are focusing on is on-chain web3 identity and security. We believe that predictive analytics can play a crucial role in this area, and we are working on developing innovative solutions to address these challenges.
We would like to thank our community for their continued support and we look forward to sharing more updates with you in the coming weeks and months.
Please feel free to share any feedbacks on the proposed direction and vision for BIRD 2.0 🦅
The team has been working hard to refocus and chart a new course for the future. We have gone back to the drawing board and are building in a leaner, more agile fashion, with the goal of producing viable market products soon.
One of the key areas we are focusing on is on-chain web3 identity and security. We believe that predictive analytics can play a crucial role in this area, and we are working on developing innovative solutions to address these challenges.
We would like to thank our community for their continued support and we look forward to sharing more updates with you in the coming weeks and months.
Please feel free to share any feedbacks on the proposed direction and vision for BIRD 2.0 🦅
Most people buy Bitcoin via exchanges, such as Coinbase. Exchanges allow you to buy, sell and hold cryptocurrency, and setting up an account is similar to opening a brokerage account—you’ll need to verify your identity and provide some kind of funding source, such as a bank account or debit card. Major exchanges include Coinbase, Kraken, and Gemini. You can also buy Bitcoin at a broker like Robinhood. Regardless of where you buy your Bitcoin, you’ll need a digital wallet in which to store it. This might be what’s called a hot wallet or a cold wallet. A hot wallet (also called an online wallet) is stored by an exchange or a provider in the cloud. Providers of online wallets include Exodus, Electrum and Mycelium. A cold wallet (or mobile wallet) is an offline device used to store Bitcoin and is not connected to the Internet. Some mobile wallet options include Trezor and Ledger.
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.
