Идеи и мнения Mr_Mahi_Crypto (@Mr_Mahi_Crypto)

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Is Pi Network fake. . . ?
#Binance

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Mr_Mahi_Crypto

There are many places to pay for Pi, they are all over the world, but do you know what prices they support?🧐

@PiCoreTeam #PiNetwork #crypto2023 #Web3

$BTC $ETH $SOL

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History tends to repeat itself... Unfortunately, modern cryptocurrency exchanges are following in the footsteps of the traditional banking system. Let’s delve into why this is so important to understand. 💩 The Main Issue: Cryptocurrency exchanges, like banks, are interested in holding onto your funds rather than returning them. This means your investments are used by them to generate profits, not kept on standby for your withdrawal requests. 💩What Could Go Wrong: Sooner or later, an exchange might decide that maintaining a 1:1 reserve ratio is unprofitable. They might hold only 10% in reserves, thinking it’s unlikely that all clients will demand their money back at the same time. This practice is known as fractional reserving. 💩 The Risk of D-Day: While this might work for a while, there will come a day when many investors want to withdraw their funds simultaneously. At that point, the exchange won’t be able to fulfill its obligations, and the entire system will collapse. We have already seen this happen with several major exchanges. 💩 Why This Matters to You: 🔘Transparency: Demand transparency from the cryptocurrency exchanges you use. Ensure they have sufficient reserves and are willing to prove it. 🔘Diversification: Don’t keep all your funds on one exchange. Spread your investments across different platforms and storage methods. 🔘Awareness: Stay informed about news and policy changes related to exchanges. Knowledge is power and can save your investments. Be vigilant, invest responsibly, and don’t let your money become a hostage to someone else’s interests.

Yesterday, Apple held a presentation of new products. What was interesting? 💩 Official partnership with OpenAI and integration of ChatGPT into iPhone. 💩 Apple Intelligence — a large language model that will be integrated into all systems on iOS, iPadOS, and macOS. 💩 Siri 2.0 on GPT-4o with a human voice will interact with any Apple application. 💩 Pay to Pay between iPhones. Immediately after the presentation, Elon Musk stated that he would ban all Apple devices in his companies if Apple integrates OpenAI at the OS level. He called it absurd that Apple, instead of creating its own AI, believes that OpenAI will protect your security and privacy. At the same time, he considers OpenAI in iOS to be spyware, and that user data will be traded.

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