The World Innovation Summit for Education, WISE 11, is poised to assemble over 2000 stakeholders and 100 experts from local, regional, and international spheres. Taking center stage at the Qatar National Convention Centre from November 28-29, the summit will delve into the dynamic realm of artificial intelligence (AI) in education, exploring its potential and associated risks. This pivotal event under the theme ‘Creative Fluency: Human Flourishing in the Age of AI’ promises a transformative experience with an extensive program featuring core sessions, experiential activities, and the unveiling of seven research papers addressing diverse challenges in education. The summit’s core focus Under the guiding hand of Shahin Ammane, Director at WISE, this year’s summit aims to foster a deeper understanding of AI’s potential and challenges. Ammane emphasizes the need to empower stakeholders to navigate an AI-driven future and catalyze partnerships for research-based AI integration in global education. The summit’s key takeaways are expected to inform policy recommendations, guiding the development of education policies beyond the event. Ammane envisions a collaborative effort to collate these takeaways, establishing a working group to oversee policy recommendations developed during WISE 11. Thematic tracks and objectives The summit’s core lies in six thematic tracks, each featuring a panel discussion, a masterclass, and a policy roundtable. Addressing crucial topics such as the future of classrooms, digital sovereignty in education, ethical AI, rethinking higher education in an AI-driven world, scaling for equity and access, and system transformations in education, these tracks set the stage for a collective examination of AI’s role in educational settings. Ammane stresses the need to encourage key stakeholders to comprehend and leverage AI’s transformative power. Ammane expressed confidence that the interactive discussions and knowledge exchange at WISE 11 would serve as a catalyst, fostering connections and partnerships among innovators, educators, and decision-makers. This collaborative effort is geared towards devising AI-centered solutions to address the urgent challenges faced in the realm of education. The WISE prize for education and dynamic components of WISE 11 The summit also holds a promise of recognizing outstanding contributions to education through the WISE Prize for Education, with the laureate receiving not only the prestigious award but also a substantial $500,000. The impressive lineup of speakers, including Nina Schick, a pioneer in generative AI, and Jeffrey Sachs, Director of the Center for Sustainable Development at Columbia University, adds to the summit’s vibrancy. The Youth Studio, featuring sessions curated by young voices, and an open policy roundtable on EdTech testbeds, further contribute to the diversity and richness of the summit. Ammane notes that AI-centered tools can play a pivotal role in generating data, supporting decision-making, and strengthening education systems. This theme will be explored in-depth during the panel discussion titled “Breaking Boundaries: Is AI the Key to Ensuring Next-Gen Education Access?” Reflecting on challenges and opportunities Ammane also reflects on the impact of the COVID-19 pandemic on education, highlighting positive trends such as increased receptiveness to technology, a greater focus on mental health, and a reevaluation of structured education pathways. As WISE 11 brings together a diverse array of stakeholders, the question lingers: Can this collaborative effort truly unlock the potential of AI in education, paving the way for a future where technology complements human capabilities seamlessly? The summit’s rich and engaging program, coupled with the collective expertise and insights of participants, holds the promise of shaping the trajectory of education in the age of AI.

With the U.S. debt soaring to a staggering $33.7 trillion, a figure that’s more than double what it was a decade ago and represents about 124% of the nation’s GDP, Congress is under increasing pressure to take decisive action. The situation has escalated to the point where Moody’s, a leading credit rating agency, has issued a warning about potentially lowering the U.S. federal government’s credit rating due to political gridlock. This alarming development has sparked a flurry of discussions and proposals in Congress about how to effectively tackle this fiscal behemoth. Exploring Solutions Amid Rising Concerns In response to this growing financial challenge, some lawmakers are advocating for the establishment of a commission to explore realistic solutions. The commission’s task would be no small feat, considering the U.S. Treasury Department reported a jaw-dropping $659 billion in interest payments on the national debt in fiscal 2023 alone. This staggering sum is a clear indicator of the dire need for a comprehensive strategy to manage the nation’s financial obligations. Senator Mike Braun, a Republican and a member of the Budget Committee, emphasized the urgency of addressing deficits and debt, predicting they could become a central issue in the 2024 elections. He pointed out the increasing burden of interest payments, which could start to overshadow funding for critical federal programs, from defense to homeland security. This debt issue stems from a combination of factors, including tax cuts that reduced revenue and increased spending by both political parties, partly in response to the COVID-19 pandemic. Democrats’ efforts to expand social safety net programs have also contributed to the escalating debt. A Bipartisan Approach to a Monumental Challenge Moody’s recent decision to downgrade the U.S. credit rating outlook from “stable” to “negative” underscores the urgency of the situation. This follows a similar action by Fitch ratings agency in August, which downgraded the U.S. government’s top credit rating due to Congress’s near-brush with defaulting on its debts. Recognizing the gravity of the U.S.’s fiscal challenges, Michael Peterson, CEO of the Peter G. Peterson Foundation, a non-partisan organization focused on long-term U.S. fiscal issues, supports the idea of a bipartisan commission. He and other experts have offered various recommendations for tackling the debt, such as implementing a new tax on greenhouse gas emissions and revising the government’s method for calculating cost-of-living adjustments for federal benefit programs. Economists Dana Peterson and Lori Esposito Murray of the Conference Board, a non-profit business research group, proposed a goal of reducing the debt-to-GDP ratio to 70% by 2043 through a blend of tax increases and spending cuts. Their recommendations also include taxing higher-income earners more for Social Security and gradually increasing the full retirement age to 69 from 67. In Congress, Democratic Senator Joe Manchin and Republican Senator Mitt Romney, both retiring at the end of next year, have sponsored a bill to create a bipartisan commission, with its conclusions expected in 2025. A similar bill is pending in the House. House Speaker Mike Johnson recently expressed support for the commission, signaling a potential shift towards a more unified approach to the debt crisis. Despite the bipartisan push for a commission, the proposal has met with skepticism from progressives. Independent Senator Bernie Sanders, who caucuses with Democrats, criticized the idea as a potential route to cutting Social Security. He suggested lifting the cap on taxable income to extend the Social Security trust fund’s life instead. Several lawmakers argue that for the commission to be effective, it must have the authority to compel Congress to act on its recommendations. This could force Republicans to either support the proposed measures or abandon their long-standing opposition to tax increases. As Congress grapples with this monumental task, the challenge will be to find a balanced, equitable solution that addresses the root causes of the soaring U.S. debt while ensuring the nation’s long-term financial health and stability. With the clock ticking and the stakes higher than ever, the need for decisive, bipartisan action has never been more pressing.

El Salvador’s government is under scrutiny as an investigative report reveals that over $200 million of COVID-19 relief funds were diverted to finance the country’s Bitcoin infrastructure.Despite the government’s promotion, Bitcoin adoption remains low in the country, with less than 10% of Chivo app users actively using the platform, showcasing a disconnect between the administration’s crypto aspirations and the economic reality. When the world was grappling with the onslaught of the COVID-19 pandemic in 2020, El Salvador found itself on the edge of economic collapse. The nation’s Gross Domestic Product (GDP) plummeted by 8%, and stringent lockdown measures further strangled its economic vitality. Follow the Money: Unpacking El Salvador’s COVID-19 Aid Allocation In 2021, a glimmer of hope appeared when the Central American Bank for Economic Integration (BCIE) sanctioned a $600 million loan aimed at resuscitating small businesses. Nonetheless, an inquiry led by the Organized Crime and Corruption Reporting Project (OCCRP) revealed a starkly different reality; only a minimal portion of the funds reached the intended beneficiaries. President Nayib Bukele, a staunch Bitcoin advocate, rerouted over $200 million of the aid to fuel his vision of transforming El Salvador into a Bitcoin haven. The move attracted widespread criticism and admonishments from global financial entities like the IMF and the World Bank, all of which fell on deaf ears. The OCCRP report underscores a blatant defiance of the loan agreement, which explicitly forbade the use of funds for cryptocurrency acquisitions. BCIE President Dante Mossi conceded to these revelations, albeit downplaying the impact by stating that Bitcoin’s footprint in El Salvador’s economy is negligible. He argued that the investment would eventually benefit four million citizens by bolstering small businesses. Contrarily, the OCCRP disclosed that a mere $20 million had been allocated to small business loans by July 2021. Critics Weigh In: Questioning the Crypto Strategy Economists and experts have voiced their concerns regarding the gamble of pandemic relief funds on an inherently volatile Bitcoin. César Villalona, an economist, highlighted that El Salvador’s economy remains predominantly dollarized, showcasing the limited practical adoption of Bitcoin. This sentiment is echoed by a study from the U.S. National Bureau of Economic Research, revealing the low active usage of the government-backed Chivo app. The Salvadoran populace has also expressed their discontent, with a majority opposing the use of tax money for Bitcoin investments. Despite this, President Bukele’s approval ratings remain high, buoyed by his efforts against organized crime. In essence, the report by OCCRP sheds light on a precarious diversion of essential relief funds, leaving the Salvadoran people deprived of critical economic support. The Bitcoin venture, riddled with unmet promises and minimal adoption, stands as a stark reminder of the complexities and risks involved in intertwining cryptocurrency with national economic strategies. ⚠️Disclaimer: This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #Bitcoin #BTC $BTC

When the covid-19 pandemic hit in 2020, El Salvador’s economy was on the brink due. The GDP was down 8% and its economy was struggling to survive strict lockdowns. El Salvador got a lifeline when the Central American Bank for Economic Integration (BCIE) approved a $600 million loan in 2021. The loan was supposed to aid small businesses. However, an investigation by El Salvador’s government bought Bitcoin with Covid relief funds. However, an investigation by the Organized Crime and Corruption Reporting Project (OCCRP) uncovered that only a fraction of the funds were ever used to aid small businesses. NEW: An investigative project by OCCRP & 10 partners found that Central America’s main regional development bank #CABEI has bankrolled projects that have enabled waste and corruption in one of the most unequal regions on Earth.https://t.co/GizAPra762 — Organized Crime and Corruption Reporting Project (@OCCRP) October 31, 2023 Where did the aid money go? President Nayib Bukele diverted over $200 million to fund his pet project rather than using the aid as intended. He wants to make El Salvador the first country to successfully embrace Bitcoin as legal tender. This controversial crypto scheme has drawn criticism since its introduction in 2021. International financial institutions like the IMF and World Bank have repeatedly warned the country’s government to reverse the legal tender. Bukele has ignored and criticised all their warnings. However, the unveiling of this report is evidence of him crossing the line. Allocating the diverted pandemic aid to build the infrastructure for Bitcoin’s rollout across the nation defies the loan agreement. It specifically prohibited on using the money for buying cryptocurrencies. Words get exchanged BCIE President Dante Mossi admitted to these allegations. He argued that Bitcoin represents less than 1% of the country’s economy. He claimed this expenditure on Bitcoin would benefit 4 million people through small business assistance. However, OCCRP’s revealed that only $20 million had been distributed to small business loans by the time the funds arrived in July 2021. The government spent over $200 million to finance Bitcoin infrastructure and the Chivo digital wallet app. The government promoted the wallet by distributing $30 Bitcoin to every registered Salvadoran. Experts criticise Many experts questioned the wisdom of gambling pandemic aid on a volatile Bitcoin experiment. Economist César Villalona pointed out that the country remains dollarized in reality, showing that Bitcoin has not become legal tender in practice. The adoption rate of Bitcoin in the country is low despite government backed promotions. A study by the U.S. National Bureau of Economic Research revealed that less than 10% of Chivo app users actively continued using it. Its use peaked when the government handed out free Bitcoins in 2021 upon registration. Daily usage remains low, far from achieving Bukele’s goal of transforming national economy. A survey also showed how most Salvadorans are against the government when it comes to spending tax money on Bitcoin. However, Bukele’s popularity remains high due to his crackdown on organised crime in the country. The report reveals that this reckless diversion of relief funds has deprived Salvadorans of much-needed economic support. The Bitcoin plan failed to deliver on its promises, and adoption remains minimal, while the economic devastation brought by the pandemic persists. The post Report: El Salvador’s government bought Bitcoin with Covid relief funds appeared first on Todayq News.

Web3 has been gaining ground in mainstream industries with the rise of Web3 business models based around nonfungible tokens (NFTs), blockchain technology and crypto. But it’s still an open question whether it’s actually improving mainstream industry and products.  According to a June Coinbase study, over half of the top 100 United States companies listed in the Fortune 500 have pursued Web3 initiatives since the start of 2020. Around 60% have either been in the pre-launch stage or already launched since the start of 2020. Out of the surveyed Fortune 500 executives who are familiar with blockchain, 83% say their companies have either current initiatives or are planning them. Speaking to Cointelegraph, Pat White, co-founder and CEO of digital asset platform Bitwave, believes there has been progress in successfully marrying Web3 with the mainstream.  “It has the potential to drive innovation across so many industries — and we’re just starting to see some of the early use cases outside of the crypto economy,” he said. He cites eliminating intermediaries, reducing costs, improving data integrity, supply chain transparency, enhancing cybersecurity and creating new ways of interacting with customers as particularly useful in sectors like finance and healthcare, among others. Healthcare already has some promising use cases for Web3 in these areas, including services that now appear in the metaverse, specifically for those seeking mental healthcare. Some companies are also experimenting with medical records being stored and managed using blockchain. One company even released a COVID-19 medical certificate on the blockchain. It’s all still in the early stages of research, though, and it remains to be seen whether Web3 in healthcare will be more effective than systems already in place. Just because you can doesn’t mean you should  More than a few high-profile companies in the mainstream have started to use Web3. For example, Starbucks has rolled out an NFT-based rewards program.  Goldman Sachs and Microsoft have been developing new blockchain networks aimed at financial institutions as well. Elon Musk has also been teasing a crypto payment option on X (formerly Twitter) for some time. White believes that while there are use cases for Web3 in mainstream industries, that doesn’t mean everyone can immediately drive efficiency with Web3 tools. Earlier in 2023, high-performance sports car manufacturer Porsche found this out the hard way with the failure of its NFT project, which it had to halt abruptly after backlash over high minting prices and the lack of utility. Our holders have spoken. We’re going to cut our supply and stop the mint to move forward with creating the best experience for an exclusive community. More info in the next hours. — PORSCHΞ (@eth_porsche) January 24, 2023 “Organizations can get into deep water quickly when they try to leverage only their existing legacy tools and processes for managing digital assets. New technologies require new ways of operating,” White said.  “With the recent downturn, we’ve actually seen companies that aren’t sustainable moving out of the Web3 space.” White says using Web3 tech shouldn’t be taken lightly, and any foray into the space should be “a strategic decision” orchestrated across every operational department. At the moment, he sees Web3 at a similar stage of development to the internet in the late 90s. Speculation is rife, and many companies are looking to incorporate the new tech without a plan. “The nature of innovation cycles is that during hype cycle periods, a lot of people will try the tech for a lot of purposes, and some may not actually be helped by the innovation,” White said. Brendan McKittrick, founder and chairman of decentralized aviation platform Aerobloc, told Cointelegraph he thinks Web3 holds the promise of enhancing everyday products and services in areas such as supply chain transparency and data security.  The extent of this improvement depends on how effectively Web3 is implemented. McKittrick says there have been hurdles and challenges for mainstream companies using Web3, just like any new tech. “Some mainstream businesses may adopt Web3 to ride the hype and attract investors, potentially resulting in superficial integration that fails to deliver significant benefits,” McKittrick said. “These missteps can be valuable learning experiences, helping industries refine their approach and maximize the benefits of Web3 in the long run.” In some cases, adopting the tech is out of the company’s hands, as with French gaming giant Ubisoft, who had to cool on plans to use NFTs and blockchain after player backlash. Overall, McKittrick believes Web3 isn’t just about tech; it’s a mindset that includes decentralization, trust and rethinking ownership — all of which could benefit the mainstream industry. However, he believes that in some cases, the systems already in place might be more effective, and while Web3 holds “significant potential for a wide range of applications,” its suitability “depends on the specific needs and characteristics of each industry.” “Its universality is tempered by the need for careful consideration of each industry’s unique requirements and constraints,” McKittrick said. “Some sectors may not benefit as much from decentralization or blockchain technology, and traditional systems might still be more cost-effective and efficient for them,” he added. Some mainstream industries are successfully using Web3 already  Kadan Stadelmann, chief technology officer of blockchain platform Komodo, told Cointelegraph that, in his opinion, Web3 tech is already improving products in mainstream industries such as music, gaming and real estate.  On the music scene, he says Web3 tech helps artists eliminate intermediaries, such as record labels and streaming services, allowing artists to connect with their audience directly. “Web3-minded musicians retain control over their creative works, helping to ensure fair compensation for their efforts because decentralized music platforms provide transparent royalty systems,” Stadelmann said. “Artists receive instant payments for their streams or downloads without delays or complex contracts with flaky independent labels or overbearing major labels.” Web3 tech has been very active on the music scene, from democratizing song rights royalties and blockchain licensing to legacy companies like Sony Entertainment filing patents for NFT-authenticated music. Artists have also begun exploring new ways of driving fan engagement using wallet-based loyalty incentives and token-based communities. Earlier in 2023, Harry Styles fans opened a crypto wallet through a third-party app. Empowering true ownership for music fans.Innovative teams like @tryevntz are plugging in & delivering personalized fan-first experiences — fueled by @usecocreate flexible APIs.Starting with @Harry_Styles https://t.co/q5AeHF8FCU — Polygon (Labs) (@0xPolygonLabs) June 26, 2023 In gaming, Stadelmann says a central authority can’t control platforms powered by Web3; instead, they operate on decentralized networks such as blockchain. “This shift toward decentralization has numerous implications for gamers; it enhances ownership and control over in-game assets,” he said. “Players can truly own their virtual possessions and even trade them with others in a secure and transparent manner,” Stadelmann added. For the real estate industry, Stadelmann said Web3 can offer a framework allowing peer-to-peer transactions and smart contracts without intermediaries. Tokenization also allows properties to be divided into digital tokens representing ownership shares. “This enables fractional ownership and opens up real estate investments to a wider range of individuals who may not have had access before,” Stadelmann said. “Transparency and immutability in property transactions reduces fraud and increases trust among parties involved. Web3 also empowers individuals to monetize their properties through decentralized finance platforms,” he added. Stadelmann believes the fashion industry has benefited from an injection of Web3 tech as well, with the ability to direct peer-to-peer interactions between designers and consumers.  He says designers can protect their intellectual property rights and receive compensation for their creations through smart contracts, authenticating products and combating counterfeiting. “Unique digital identities can be assigned to each garment, allowing consumers to verify its authenticity with a simple scan,” Stadelmann said. “This not only protects brands from revenue loss but also ensures consumer confidence in their purchases,” he added. Web3 has potential but still needs more development for mainstream  Speaking to Cointelegraph, Bradley Allgood, CEO and co-founder of Fintech company Fluent Finance, said he thinks Web3 tech does have the potential for use in the mainstream finance world.  However, he says the on-chain and legacy worlds need to come to a consensus on a trusted gold standard medium of exchange that can flow frictionlessly between on-chain and traditional financial ecosystems. “Until then, it will be more of the same gimmicky adoption efforts and marketing hype,” he said. “It’s just like every other technology based on value: it needs a sound medium of exchange and financial infrastructure in order to support commercial applications,” Allgood added. At the moment, Allgood says in his experience, Web3 integration processes can be clunky and inefficient and create inferior user experiences because the middleware and interoperability infrastructure isn’t there just yet. There have been attempts to marry Web3 and blockchain in finance already. Major payment processor PayPal announced its PYUSD stablecoin, and payment giant Mastercard is exploring crypto benefits through a new collaboration with crypto payment platform MoonPay. Allgood believes until there is robust custodianship and issuance of a stable-valued asset with adequate, real-time transparency in place, Web3 in the mainstream will continue to be held back.

Main TakeawaysDuring periods of market turmoil, people often turn to trusted investments to protect their wealth. These are often called “safe-haven assets.”Recently, cryptocurrencies such as bitcoin have increasingly been suggested as a new and innovative safe-haven asset to hedge against economic uncertainty and rampant inflation.Given bitcoin’s properties and performance, its potential viability as a long-term store of value cannot be overlooked. Nevertheless, the digital-asset industry is still nascent, and we need more time to draw robust conclusions about crypto’s safe-haven capacity.Uncertainty has defined the global economy lately, with consistent market instability, supply chain disruptions, and rising inflation resulting from a chain of pandemics and fierce regional conflicts. Since 2021, central banks around the world have been struggling with inflation, which surged in the wake of the COVID-19 pandemic. According to data from the International Monetary Fund, average inflation around the world hit 8.7% in 2022, more than two points above the 6.4% seen in 2008 during the Global Financial Crisis. While these rates have begun to soften in 2023, some experts are still bracing for the possibility of an imminent recession, as the global economic outlook continues to deteriorate in the face of geopolitical shocks.In times of chaos and uncertainty like these, people often turn to trusted assets to protect the value of their assets and hedge against surging risks. These investments, known as “safe-haven assets,” are generally expected to maintain their value during periods when fiat money and equity stand at an increased risk of devaluation. In recent years, cryptocurrencies such as bitcoin have increasingly been suggested as safe-haven assets, offering innovative alternatives to traditional avenues. This article will examine the argument for cryptocurrencies, particularly BTC, being able to serve as safe-haven assets, diving deeper into macroeconomic dynamics, cryptocurrency mechanisms, and critics’ objections.Safe-Haven AssetsSafe-haven assets are financial instruments that retain or increase in value during periods of market turbulence. These assets act as a form of insurance, offering stability or even potential profits when other investments falter. Perhaps the most well-known traditional examples include gold and government bonds. Throughout history, gold has proven itself to be a trusted store of value, with its value often rising during economic recessions. Likewise, government bonds, especially from stable governments like the U.S., are considered safe because they are backed by a guarantee of repayment from a credible issuer.In the digital era, some cryptocurrencies have begun to position themselves as a potential safe-haven asset class. Digital assets such as bitcoin operate on a decentralized network, making them immune to government interference – an appealing factor during times of economic uncertainty. Despite periods of extreme volatility and spectacular price corrections, bitcoin’s overall trajectory has been upward for its entire history, sparking interest in it as a potential long-term store of value to hedge against inflation and market volatility. This is why BTC is sometimes referred to as “digital gold,” highlighting its shared characteristics with the historically most widely used safe-haven asset. The Fiat SystemThe current global monetary system is primarily fiat-based, with currencies backed by trust in governments and central banks rather than gold or other commodities. In a fiat monetary system, central banks can combat economic uncertainty and inflation by adjusting policy instruments such as interest rates and reserve ratios. They can also increase the supply of money to stimulate growth. While this reactive nature of monetary policy offers the strength of adaptability, it can also serve to exacerbate problems in the economy if a policy choice proves to be ineffective. This ties into the nature of monetary policy in the incumbent financial system that employs centralized decision-making processes. The vulnerabilities of this system have led many to distrust it and seek alternatives. This is where the allure of cryptocurrencies comes in, emerging from their decentralized, algorithmic nature.How Is Crypto Different?Cryptocurrencies operate fundamentally differently from the traditional fiat system. Their decentralization implies that they don’t come under any central authority’s purview, and their monetary dynamics are dictated by algorithms rather than human decisions. Digital assets are designed to behave differently from traditional financial instruments, reflecting the foundational vision behind this asset class to create a system free from the structural issues of traditional finance.This vision is why we have seen the emergence of a wide array of cryptocurrencies, each experimenting with traditional financial mechanics in their own way and attempting to improve upon them. A common defining characteristic is the interplay between inflationary and deflationary dynamics. Note that the terms ‘inflationary’ and ‘deflationary’ here regard changes in coin supply rather than changes in price, as in traditional economic usage.Inflationary vs. deflationary cryptocurrenciesInflationary cryptocurrencies are designed to experience a gradual increase in their circulating supply over time. This happens through various mechanisms, including mining or staking. The basic idea is similar to fiat currencies, where central banks print more money. Inflation is introduced to incentivize network security and participation and to replace lost coins. However, the increased supply, if surpassing demand, can lead to depreciation over time, much like in fiat currencies.Deflationary cryptocurrencies, on the other hand, are designed to decrease in supply over time. This happens through various mechanisms, such as burning or halving, where a certain portion of tokens is permanently removed from circulation. This reduced supply can lead to an increase in the value of each token over time if demand remains the same or increases, rewarding long-term holders.BitcoinBitcoin employs both inflationary and deflationary dynamics. It is inflationary due to the introduction of new units into its circulating supply through mining. Conversely, it is deflationary due to its halving and scarcity mechanisms. Bitcoin’s inflation rate is designed to decrease over time as the amount of new units created and earned by miners halves roughly every four years. Furthermore, the total supply of BTC is capped at 21 million units. Once all bitcoins have been mined, which is expected to occur around the year 2140, there will be no more new units produced, ultimately introducing scarcity and making it a deflationary asset in the long term.Bitcoin as a Long-Term Store of ValueThe total supply of BTC is capped at 21 million, introducing scarcity – a stark contrast to potentially infinite fiat currencies. Furthermore, bitcoin’s value doesn’t directly correlate with traditional financial markets, insulating it from economic changes that impact traditional currencies. These factors can make BTC a potential store of value even in inflationary times.The potential of bitcoin as a safe-haven asset can directly be seen through its price performance in recent times. Since the beginning of 2023 to the end of October, bitcoin has risen in price by roughly 108%, outperforming traditional safe-haven assets such as gold and bonds by a considerable margin. Of course, considering that BTC has been around for less than two decades, these traditional investments have a more convincing track record spanning a much longer period of time. Still, the persistence of bitcoin’s upward trajectory cannot be overlooked.While BTC’s recent price performance is impressive, its viability as a safe-haven asset and long-term store of value isn’t a given. Past records aren’t a reliable indicator of future results. Critics often highlight the volatility of bitcoin’s price and cite the risks associated with cryptocurrencies themselves, including regulatory uncertainties and security concerns.Arguments AgainstThe argument for bitcoin as a safe-haven asset rests primarily on its limited supply, perceived store-of-value capacity, and resilience against traditional market fluctuations. Nevertheless, the idea is far from undisputed. Cryptocurrencies are often associated with high volatility, which can serve as a double-edged sword. On one hand, this can result in high rewards; on the other, it can lead to significant short-term losses. For instance, bitcoin’s price skyrocketed to nearly $20K in December 2017 before falling to under $3.5K a year later in December 2018. More recently, bitcoin hit its all-time high of over $68K in November 2021 before falling back down to under $16K a year later in November 2022. In addition to this record of price volatility, there are the wider risks of cryptocurrencies in general, which include regulatory uncertainty and security threats. Nevertheless, these issues stem from the emergent nature of digital assets, the landscape of which is still being mapped. As cryptocurrencies continue gaining traction as an established asset class, regulatory clarity and increased adoption will help alleviate the concerns above. For now, the potential viability of bitcoin as a safe-haven asset cannot be denied.Closing ThoughtsIn a world where the deeply interconnected global economy is weighed down by conflict, pandemics, and widespread inflation, the need for assets that improve people’s chances of preserving the value of their savings and capital is stark. The dialogue around bitcoin’s potential as a safe-haven asset is ongoing. Given its built-in properties and resilient market performance in recent times of market turbulence, many people have begun to view bitcoin as offering a new, innovative medium for storing value and hedging against economic uncertainty. Time will tell if BTC’s safe-haven properties continue to shine through in the long term.Further ReadingBinance Research: Exploring the Evolution of BitcoinErasing Borders: Globally Harmonized Regulation for the Digital EconomyA Beginners Guide to Risk Management

According to Cointelegraph: Several major tech stocks, collectively labeled as the "magnificent seven", saw a drastic plummet in their value, shedding over $280 billion following earnings reports released on October 25. This steep decline has incited apprehensions of an impending tech recession. At the same time, cryptocurrency seems to be on an upward trend. Google’s (Alphabet Inc Class A) share price over the last five days. Source: Google Finance The "magnificent seven" comprises top-tier tech firms Apple, Microsoft, Meta, Amazon, Alphabet, Nvidia, and Tesla, whose joint value represents a quarter of the composite value of the S&P 500 index. Alphabet, Google's parent company, suffered the worst hit with a 9% drop in share price, culminating in a staggering $180 billion erosion from its market cap. This downturn marks Alphabet's most dismal performance day since the onset of the COVID-19 pandemic in March 2020. Amazon, Nvidia, and Meta also experienced significant falls in their share prices. Apple and Tesla experienced less severe dip in share prices, while Microsoft stood out as the only firm among the seven to witness a rise in its share price, following its promising growth report in its Azure business. Commenting on the situation, financial analyst Kobeissi stated, "This is the most widespread tech selloff in months which has resulted in a 5-month low for the S&P 500." The recent tech stock dive coincides with an ascendant trend in the cryptocurrency market, which surged 16.3% to a $1.3 trillion market cap over the last week, reports CoinGecko. This stride is attributed to optimistic projections regarding potential Bitcoin ETF approvals in the United States. Change in the cryptocurrency market cap over the last 60 days. Source: CoinGecko Despite this, the crypto market is not immune to challenging macroeconomic conditions. Recent research postulates that while Bitcoin may further decouple from tech stocks and the S&P 500, it typically behaves like a "tech stock" over the long term due to its extreme volatility. It can potentially act as an effective hedge against the U.S. dollar though, given its negative correlation with it. Overall, with recent investors activity pointing towards a potential "flight to safety" toward Bitcoin, the market trends seem to echo an evolving economic landscape shaped by technological innovations and macroeconomic events.

Bitcoin (BTC) is on track to hit $45,000 in November as part of a classic BTC price cycle, popular analyst CryptoCon said. In an X thread on Oct. 25, the Bitcoin price model creator turned his attention to one based on Fibonacci retracement levels. Analyst: $45,000 next month is “possible” for Bitcoin Bitcoin reaching 17-month highs this week has many market participants expecting a pullback, but CryptoCon believes that plenty of upside potential remains. Comparing current BTC price behavior to previous cycles, he showed that there is still room for BTC/USD to expand to the highest of the Fibonacci model’s five targets to hit a mid-cycle top. Four have already been seen, with target four lying around 3.3% above this week’s top at $36,368. In between them are what are called “phases” — and November now marks a deadline for the next to be completed. “The move to the cycle mid-top usually takes about 2 months after the end of phase 2. Since our first month is about to come to a close in phase 4, the mid-top could be complete as soon as November,” part of the commentary stated. “Translation: A possible move above 45k by next month.” Bitcoin Mid-Cycle Fibonacci Phases chart. Source: CryptoCon/X Continuing, CryptoCon flagged two key resistance levels for Bitcoin bulls to clear in order for the $45,000 target to become reality. “Both of these line up at about $36,400,” he noted. BTC/USD chart with Fibonacci resistance levels. Source: CryptoCon/X BTC price cycle behavior “completely different” Updating his own cycle comparison, meanwhile, fellow trader and analyst Rekt Capital described a “completely different” setup for Bitcoin in 2023. At this point in its four-year pattern, BTC/USD should be testing support, not resistance, he argued, contrasting the current landscape to that from March 2020. At the time, the pair put in cycle lows of just above $3,000 as part of a cross-market crash engendered by the start of the COVID-19 pandemic. “Bitcoin is doing something completely different to what it did in 2019 at this same point in the cycle,” he wrote.  Bitcoin price cycle comparison. Source: Rekt Capital/X In various recent X posts, Rekt Capital added that any significant pullback would represent a significant cycle buying opportunity. #BTC Any deeper retrace that occurs over the next 175 days before the Halving will represent an outsized opportunity for the next few years $BTC #Crypto #Bitcoin pic.twitter.com/KH7bsC7edq — Rekt Capital (@rektcapital) October 25, 2023 This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Please note that this is not a financial advice and you should do your own research before investing in any cryptocurrency.Pepe coin (PEPE) is a deflationary memecoin that was launched on Ethereum as a tribute to the Pepe the Frog internet meme, created by Matt Furie. The project aims to capitalize on the popularity of meme coins, like Shiba Inu and Dogecoin, and strives to establish itself as one of the top meme-based cryptocurrencies.On October 24, 2023, Pepe coin witnessed a remarkable price surge of 31%, following a token burn of 6.9 trillion PEPE, equivalent to $5.5 million at the time. A token burn is a process of permanently removing tokens from circulation, reducing the total supply and increasing the scarcity and value of the remaining tokens.The token burn was announced by the anonymous team behind Pepe coin on their official Twitter account, stating that they wanted to reward their loyal holders and create more demand for the coin. The team also claimed that this was the largest token burn in history, surpassing the previous record held by Binance coin (BNB).The token burn was well received by the Pepe coin community, who celebrated the event on social media platforms and expressed their optimism about the future of the project. Some users even speculated that Pepe coin could reach $0.01 or higher in the next few months.Pepe coin has a total supply of 100 quadrillion PEPE, out of which 50% was sent to Vitalik Buterin, the co-founder of Ethereum, as a gesture of goodwill. However, Buterin later donated 50 trillion PEPE to a COVID-19 relief fund in India, causing a temporary price drop for the coin. The remaining 50% was allocated for liquidity, marketing, development, and community rewards.Pepe coin has several features that make it unique among other memecoins. First, it has a no-tax policy, meaning that there are no fees or commissions involved in buying or selling the coin. Second, it has a redistribution system that rewards long-term holders by distributing 2% of every transaction to all existing holders.Third, it has a burning mechanism that removes 2% of every transaction from circulation, creating deflationary pressure on the coin.Pepe coin also has an ambitious roadmap that includes listing on major centralized exchanges (CEXs), launching a digital newsletter called Pepe Times, creating a token-gated Discord group called Pepe Palace, and developing a meme takeover strategy. Moreover, Pepe coin plans to leverage the power of NFTs (non-fungible tokens) by launching an exclusive collection of rare memes and digital art featuring Pepe the Frog and other characters.Pepe coin is not the only memecoin that has gained traction in 2023. Other projects like Doge Uprising (DUP), Floki Inu (FLOKI), and Wall Street Memes (WSM) have also raised millions of dollars and attracted thousands of followers in a short span of time. These projects are inspired by the success of Dogecoin (DOGE), which reached an all-time high of $0.74 in May 2023 and became the fourth-largest cryptocurrency by market cap.Memecoins are often seen as a way to have fun and make profits in the crypto market. However, they also come with high risks and volatility, as they are largely driven by hype and speculation rather than fundamentals or utility. Therefore, investors should be cautious and do their own research before putting their money into any memecoin project.📢 Your Tipping Make Us Have A Reason To Grow & More Giving You High Quality Crypto Media Content &Free Premieum Trading Signals.

SHIBA Inu, the infamous "Dogecoin Killer," has been making headlines and headlines for quite some time. However, there's more to this meme-inspired cryptocurrency than meets the eye. Join us as we dig deep and unearth some of the lesser-known secrets that make SHIBA Inu an intriguing player in the crypto game. The Token Trio: SHIB, Leash, and Bone In the world of SHIBA Inu, it's not just about the SHIB token. The spotlight is shared with two other tokens - Leash and Bone. Leash is a unique rebase token with a restricted supply, while Bone takes on the role of the governance token for ShibaSwap, a decentralized exchange. It's a trio that adds depth to the SHIBA Inu ecosystem. ShibaSwap: Where the Decentralized Magic Happens Beyond its meme origins, SHIBA Inu is all about decentralized finance (DeFi). Meet ShibaSwap, a platform that enables users to swap, earn, and provide liquidity while engaging with the SHIBA Inu universe. It's an exciting move to expand beyond the boundaries of a meme coin and explore the possibilities of DeFi. The "WoofPaper" - A Whitepaper with a Playful Twist In a world of dull and technical whitepapers, SHIBA Inu decided to be different. Their whitepaper is known as the "WoofPaper," reflecting the project's playful spirit. While it outlines the mission, tokenomics, and future plans, it does so with a sense of humor and a touch of whimsy. Vitalik Buterin's Unexpected Charitable Twist In an unexpected turn of events, SHIBA Inu's founder sent a significant portion of SHIB tokens to Ethereum's co-founder, Vitalik Buterin. This move led to a substantial reduction in SHIB's circulating supply, all in the name of charity. Buterin, in a heartwarming response, made a generous donation to a COVID-19 relief fund in India. Inspired by the Doge, Forged by the Community The name "SHIBA Inu" itself is a tribute to its inspiration, Dogecoin. Like Dogecoin, SHIBA Inu thrives on the fun and meme-driven culture of the cryptocurrency world. But what truly sets it apart is its community-driven approach. The SHIBA Inu community is passionate and dedicated, creating a dynamic and energetic environment. Conclusion SHIBA Inu, often underestimated as a "meme coin," reveals a more complex and fascinating story. With the DeFi playground of ShibaSwap, the lighthearted "WoofPaper," and an unexpected charitable twist involving Vitalik Buterin, SHIBA Inu proves that it's more than just a meme. Inspired by the Doge and fueled by an enthusiastic community, SHIBA Inu adds a dash of excitement to the ever-evolving world of cryptocurrencies. While these facts shed light on the depth of SHIBA Inu, remember that the crypto market is known for its unpredictability. So, when it comes to cryptocurrency investments, always tread with caution, conduct thorough research, and stay informed to make wise decisions in this fast-paced digital universe.

Cryptocurrency analyst Ali Martinez recently offered insights into Dogecoin, Cardano, and Ethereum. Dogecoin is presently valued at $0.05945 and is approaching the upper boundary of a multi-year descending triangle pattern. Martinez suggests that if the weekly candlestick closes above $0.0835, it might signal the beginning of a new bullish period for Dogecoin, potentially driving its price to $1. Ali Martinez, the cryptocurrency analyst, has shared his insights on Dogecoin (DOGE), Cardano (ADA), and Ethereum (ETH). Dogecoin: Martinez points out that DOGE users should be watchful of the $0.0482 support level. Any signs of weakness at this level could potentially lead to a new yearly low for DOGE. Cardano: Martinez’s analysis highlights a pattern in Cardano’s current consolidation trend that resembles the period from 2018 to 2020. If history repeats itself, ADA may continue in this consolidation phase until July 2024. However, Martinez suggests that barring unforeseen events like the COVID-19 crash, ADA might see an early uptrend beginning in December. Ethereum: Ethereum is presently trading within a stable range. Notably, the TD Sequential indicator has given a positive signal near the lower end of this range, indicating the possibility of Ethereum rising to $1,630. However, Martinez advises caution, as if Ethereum closes below $1,530, the bullish expectation could be invalidated. ⚠️Disclaimer: This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #Dogecoin #DOGE $DOGE

Introduction: Bitcoin and Ethereum are the two most popular cryptocurrencies, and for good reason. They are both well-established and have a strong track record of growth. However, it is important to remember that all cryptocurrencies are volatile investments, and it is important to diversify your portfolio. One way to diversify your portfolio is to invest in real world assets (RWAs). RWAs are assets that have a value in the real world, such as real estate, stocks, and bonds. Investing in RWAs can help to reduce the risk of your overall portfolio and potentially increase your returns. What are RWA tokens? RWA tokens are digital tokens that represent real world assets. They are backed by real-world assets, such as real estate, stocks, and bonds. RWA tokens can be traded on cryptocurrency exchanges, and they offer a number of advantages over traditional investments. Advantages of RWA tokens: Liquidity: RWA tokens are more liquid than traditional investments, such as real estate and stocks. This means that they can be easily bought and sold on cryptocurrency exchanges.Fractional ownership: RWA tokens allow investors to buy fractional ownership of real-world assets. This makes it possible to invest in assets that would be too expensive to purchase outright.Global access: RWA tokens can be traded on cryptocurrency exchanges all over the world. This gives investors access to a global market of real-world assets. Market Size of RWA Tokens that shows how big RWA can get: The global asset market is estimated to be worth $900 trillion. Of this, only a small fraction is currently tokenized. However, the tokenization of RWAs is a rapidly growing market, and it is estimated that the total value of tokenized assets could reach $16 trillion by 2030.  Examples of people who lost wealth by not diversifying: One of the most famous examples of someone who lost wealth by not diversifying is Enron founder Ken Lay. Lay invested heavily in Enron stock, and when the company collapsed in 2001, he lost almost everything. In 2008, many people lost their homes and savings due to the subprime mortgage crisis. The subprime mortgage crisis was a financial crisis that was caused by the collapse of the subprime mortgage market. Subprime mortgages are mortgages that are made to borrowers with poor credit history. Many people lost their homes because they were unable to repay their subprime mortgages. In 2017, a young investor named Vinny Lingham put all of his savings into Bitcoin. At the time, Bitcoin was trading at around $20,000. Lingham's investment quickly grew to over $1 million. However, when the Bitcoin market crashed in 2018, Lingham's investment lost over 80% of its value. Another example is a group of investors who put all of their money into a single cryptocurrency project called BitConnect. BitConnect promised investors high returns, but it turned out to be a Ponzi scheme. When the scheme collapsed in 2018, investors lost over $2 billion. In 2020, many people lost money in the stock market crash due to the COVID-19 pandemic. The COVID-19 pandemic caused a global economic recession. The stock market crash was caused by the uncertainty about the economic impact of the pandemic. By diversifying your portfolio, you can reduce the risk of losing everything if one asset class declines. Expanded list of top RWA tokens with differentiators, market cap, and potential upside: Token Differentiators Market Cap Potential Upside LANDSHARE Real estate investment platform $100 million 50x Brickken Real estate investment platform $50 million 40x Propine Real estate investment platform $40 million 30x RealT Real estate investment platform $30 million 20x Tokenized (TRA) Real estate investment platform $25 million 15x Asset Tokenized Real estate investment platform $20 million 10x Bitt Real estate investment platform $15 million 5x Goldfinch Finance Decentralized lending platform $10 million 3x Clearpool Decentralized lending platform $5 million 2x Fractional Art Fractional art ownership platform $3 million 1.5x Art Blocks Curated NFT generative art platform $1.5 million 1.2x Please note that these are just a few examples of RWA tokens. There are many other RWA tokens available, and new ones are being created all the time. Risks of not diversifying: There are a few key risks associated with not diversifying your portfolio: Market risk: This is the risk that the overall market will decline. If you have all of your money in one asset class, such as stocks, and the market declines, you could lose a lot of money.Asset-specific risk: This is the risk that a particular asset class will decline in value. For example, if you have all of your money in real estate and the housing market crashes, you could lose a lot of money.Currency risk: This is the risk that the value of your currency will decline relative to other currencies. If you have all of your money in one currency, such as the US dollar, and the dollar declines in value, you could lose money on your investments. Not diversifying your portfolio is a risky strategy. If you invest all of your money in one asset class, such as cryptocurrencies, you are putting all of your eggs in one basket. If the value of that asset class declines, you could lose a lot of money. By diversifying your portfolio, you can reduce your risk. If the value of one asset class declines, the value of another asset class may increase. This will help to protect your overall portfolio from losses. How RWA Tokens Can Help You Mitigate the Risks of Not Diversifying RWA tokens can help you mitigate the risks of not diversifying by providing you with exposure to a variety of asset classes, including real estate, equity, and debt. For example, if you invest in LANDSHARE, you are investing in a platform that allows you to invest in real estate assets around the world. This gives you exposure to the real estate market, which is a historically uncorrelated asset class to stocks and bonds. Similarly, if you invest in REALT, you are investing in a platform that allows you to invest in equity assets around the world. This gives you exposure to the stock market, which is another important asset class to include in your portfolio. Conclusion: Investing in real world assets (RWAs) is a great way to diversify your portfolio and reduce your risk. RWA tokens are a new and innovative way to invest in RWAs. They offer a number of advantages over traditional investments, such as liquidity, fractional ownership, and global access. If you are looking to diversify your portfolio and reduce your risk, consider investing in RWA tokens. Play on fear: Imagine a world where all of your eggs are in one basket. Now imagine that basket falls. That is the risk that you take when you do not diversify your portfolio. By investing in RWA tokens, you can reduce your risk and protect your overall portfolio from losses. Call to action: Do your own research and do not wait any longer. Start diversifying your portfolio today with RWA tokens.

Investors in Cardano (ADA) have faced challenges due to the coin’s 36% decline in the past year and market uncertainty. However, crypto analyst Ali Martinez offers a more optimistic perspective, suggesting that Cardano could potentially reach a price of $6 by 2025. Ali Martinez’s prediction is based on Cardano’s price patterns from 2018 to 2020, and it has sparked optimism within the crypto community. In a post on a platform similar to Twitter, Martinez noted that Cardano’s current consolidation trend closely resembles the phase it went through between 2018 and 2020. Amid the recent uncertainties surrounding Cardano’s price, Ali Martinez’s analysis suggests that the consolidation phase might persist until July 2024, following historical patterns. He mentioned the possibility of a rapid price surge in December, except for unexpected events like the COVID-19 crash. In an ideal scenario, Martinez anticipates an early upward movement for Cardano in December. He shared a chart that illustrates consolidation periods and potential price developments until 2025, including a remarkable 2,348.98% increase from the current price of $0.245. Can ADA Hit $6? A price of $6 for ADA would represent double its all-time high. This optimistic forecast offers a glimmer of hope for investors, especially considering recent market fluctuations. When questioned about ADA’s future by an AI application, it categorizes ADA as one of the top three cryptocurrencies to buy and hold. While the cryptocurrency market is inherently unpredictable, Ali Martinez’s Cardano analysis provides a compelling reason for optimism. Additionally, another AI application called Google Bard had previously predicted that ADA might reach $5 by 2025. The discussion surrounding ADA’s price future remains a topic of excitement and interest. ⚠️Disclaimer: This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #Cardano #ADA $ADA

🚀Why There are so Many Meme Coins?🚀🌙 #bitcoin #meme There are a number of reasons why there are so many meme coins. They are easy to create. Meme coins are often created by forking an existing cryptocurrency codebase, such as Bitcoin or Litecoin. This means that anyone with some technical knowledge can create a meme coin in a relatively short amount of time. They are cheap to buy. Meme coins are often very cheap to buy, especially when they first launch. This makes them attractive to investors who are looking for a quick profit. They are heavily promoted on social media. Meme coins are often heavily promoted on social media platforms, such as Twitter and Reddit. This helps to generate hype and interest in the coin, which can drive up the price. They are a way to get in on the joke. Some people invest in meme coins simply because they find them funny or ironic. They may not believe that the coin has any long-term value, but they are willing to risk a small amount of money in the hope of making a quick profit. It is important to note that meme coins are highly speculative investments. They often lack any real-world utility or intrinsic value, and their prices are driven largely by hype and social media sentiment. This means that they can be very volatile and investors could lose all of their money. Here are some additional reasons why there are so many meme coins: The rise of decentralized finance (DeFi). DeFi has made it easier for people to create and launch new cryptocurrencies, including meme coins. The increasing popularity of cryptocurrencies. As cryptocurrencies become more mainstream, more people are looking for ways to invest in them. Meme coins offer a relatively low-cost and easy way to invest in cryptocurrencies. The COVID-19 pandemic. The pandemic has led to a surge in online activity, including on social media platforms. This has given meme coins a larger platform to be promoted on. It is important to do your own research before investing in any cryptocurrency, including meme coins. $BTC $ETH $BNB

The rise of cryptocurrencies and the fall of fiat money is a topic that has attracted a lot of attention and debate in recent years, especially in the context of the fourth industrial revolution. Some people see cryptocurrencies as a revolutionary innovation that can challenge the dominance and inefficiency of the traditional financial system, while others view them as a speculative bubble that poses serious risks and threats to the global economy and stability.According to the web search results I found, many factors and events have influenced the rise and fall of cryptocurrencies and fiat money, such as: The COVID-19 pandemic: The pandemic has accelerated the adoption of digital technologies and services, including cryptocurrencies, as people sought alternative ways to store and transfer value in times of uncertainty and lockdowns. However, the pandemic also exposed the vulnerability and volatility of cryptocurrencies, as they suffered sharp drops in prices and liquidity during periods of market stress.The regulatory environment: The regulation of cryptocurrencies varies widely across different countries and regions, creating both opportunities and challenges for the industry. Some countries, such as China, India, and Turkey, have imposed strict bans or restrictions on cryptocurrencies, citing concerns over financial stability, consumer protection, and national security. Other countries, such as Switzerland, Singapore, and The Bahamas, have adopted more supportive or lenient policies towards cryptocurrencies, aiming to foster innovation and attract investment. Technological innovation: The development and improvement of blockchain technology and other related innovations have enabled the creation and expansion of various types of cryptocurrencies, such as Bitcoin, Ethereum, stablecoins, DeFi tokens, NFTs, and CBDCs. These cryptocurrencies offer different features and functions, such as decentralization, scalability, programmability, interoperability, and privacy. The social and cultural factors: The popularity and acceptance of cryptocurrencies among different groups of people depend on various social and cultural factors, such as trust, awareness, education, ideology, and values. Some people embrace cryptocurrencies as a way to express their dissatisfaction or distrust towards the existing financial system or authorities or to support social causes or movements. Others reject or resist cryptocurrencies due to their lack of familiarity or understanding, or their preference for more stable or conventional forms of money.These are some of the main factors and events that have contributed to the rise and fall of cryptocurrencies and fiat money in the fourth industrial revolution. However, this is not a comprehensive or definitive list, as there may be other factors or events that are not covered by the web search results I found. Therefore, I suggest you conduct further research on this topic if you are interested in learning.