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Magical number 7

Magical Number 7

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Magical number 7 is omnipresent. The fact is that people rarely take notice of things and signs surrounding them. However, the world we live in is deeply connected with the meaning of numbers. Moreover, we could say that numbers are embedded in the foundation of our world. In this post we will not tackle the mathematical meaning of the number 7, but the metaphysical one.

The symbolism of Magical Number 7

Number 7 usually symbolizes higher wisdom. Hence, a connection with the universe. Many believe that the meaning of number 7 originates from the biblical interpretation. Nevertheless, symbolism of number 7 expands much wider.

God created the world in 6 days and rested on the 7th day. Therefore, number 7 usually relates to spirituality, the higher dimensions. In a wider sense, number 7 is a “token of mind over matter.”  As such, it strives for perfection.

Furthermore, number 7 symbolizes prosperous life, as well as all things nice. Happiness, renewal of nature, perfected order of all things.  Also, number 7 symbolizes power. This could be the reason why we often relate this number to people and organizations that rule our world.

Magical Number 7 in Ancient Times

Almost every ancient civilization had its own interpretation of number 7. These interpretations vary slightly. It means that there are some universally accepted meanings of number 7. How is that possible? We are talking about people living in very distant places with no acknowledgement of the other. Apparently, the meaning of number 7 imposed itself on people as a logical conclusion of observations of the world that surrounded them.

Magical Number 7 in Ancient Greece

In ancient Greece, the cleverest men in a society were called “The Sages”. According to Plato, the sages achieved the wisdom through time. That is why, a man could not be declared “a sage” before he turned 50. At that age, a sage becomes an adviser.

It is interesting to know that according to Plato, there have been Seven Sages. Namely, Thales of Miletus, Pittacus of Mytilene, Bias of Priene, Solon, Cleobulus of Lindus, Myson of Chen, Chilon of Sparta.  These seven wise men marked the new direction in thinking about the world we live in. What they introduced was the critical thinking, the need to reconsider the widely accepted beliefs and ideas. Basically, they laid the foundation to the concept that we still value highly: critical thinking. To put it even more simply – we are in need of critical minds today.

Therefore, we have 7 sages promoting the change in the way we think, striving for the ultimate goal. That goal was to dispel the illusions, to return our derailed thinking to the right path, to see the big picture and hence – achieve at least some wisdom.

Magical Number 7 in Ancient Rome and Beyond

People in ancient Rome had Seven Liberal Arts forming the proper education system for all men who wanted to be free (grammar, rhetoric, logic, arithmetic, astronomy, music, geometry).

The Romans also had the Seven Hills of Rome: Aventine Hill, Caelian Hill, Capitoline Hill, Esquiline Hill, Palatine Hill, Quirinal Hill, Viminal Hill. These seven hills were the heart of Rome. In reality, Rome was formed when the people in settlements on these hills decided to expand and unite.

Chinese consider the 7th month in a year to be the “Ghost Month”. This is the time when the ghosts from hell roam among the living who forgot to pay their respects to those ghosts. The legend about the “Ghost Month” calls for awakening and realization how bonds should be created. Interestingly, the 7th day of the 7th month in China is the equivalent to Valentine’s Day in the West.

In Judaism, the Menorah features seven branches of Candelabrum.  Also, there are seven days of Sukkot, which is a reminder of the days spent in a desert after escaping from the Egyptian slavery.

Magical Number 7 Today

It is the 21st century and we still consider number 7 to hold a certain symbolic power. The 7 still symbolizes the wisdom, the truth which is often hidden behind the seven veils. Its meaning strives for the underlying ideas. Additionally, it calls for people to dig in deeper and put some effort in order for the truth to reveal itself to them.   The magic of number 7 appears to be in a fact that it forces us to confront the illusions and attain the true wisdom.

Miami Dolphins will feature Litecoin

Miami Dolphins Will Feature Litecoin

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American football has signed on a new star. Namely, as of the 2019 season Miami Dolphins will feature Litecoin as the official cryptocurrency of the team. Thereupon, cryptos are steadily spreading in the real-world and are now entering stadiums. Hard Rock Stadium to be precise.

Whats in It for the Litecoin Foundation  

Litecoin Foundation has reportedly issued a statement claiming that the mentioned partnership will give them the opportunity to access one of the NFL’s “largest and most passionate fan bases”. Advertising to such an audience gives immense opportunities. Moreover, when paired with Miami Dolphins online properties and digital content, analysts confirm that Litecoin would most likely see gains.

Furthermore, The Litecoin Foundation explained that the main focus would be put on “home game attendees”. The Litecoin Foundation in co-operation with Aliant Payments and the Miami Dolphins will give them the opportunity to pay the tickets for the 50/50 raffle online with Litecoin and Bitcoin. The same tickets should be available at 14 kiosk stands at the Hard Rock Stadium. Additionally, half of the proceeds would go to the Miami Dolphins Foundation and its charitable causes.

By being visible to one of the largest fan bases in the USA, Litecoin will most likely become universally recognized. Furthermore, it does have a strong background of generating steady increase. Therefore, any wide acceptance would be justified.

Official Statements Issued on Both Sides

The creator of Litecoin, and the Managing Director of Litecoin Foundation, Charlie Lee explained:

“We’re thrilled to see Litecoin become the official cryptocurrency of the Miami Dolphins. This collaboration propels Litecoin in front of an audience of millions of people around the world at a time where adoption of cryptocurrencies continues to gain momentum and the ecosystem is able to support real world use cases in ways previously not possible. We see this as a powerful way to raise awareness and educate people about Litecoin and cryptocurrencies on a tremendous scale.”

This is not the first time that the Litecoin Foundation partners with sports organization. Namely, they previously teamed up with Ultimate Fighting Championship (UFC). The deal was to display the Litecoin logo in the fighting octagon during the fight involving former light heavyweight champion.

On the other hand, as true sportsmen, Miami Dolphins are all about promoting good cause. As per statements from their Vice President and Chief Information Officer, Kim Rometo, the Dolphins have always been trying to enhance the fan experience. Apparently, this partnership offers the great opportunity to mix sports enthusiasm and entertainment with good causes.

Recap of Litecoin Features

At the moment of writing of this text the price of a Litecoin (LTC) is approximately US$89.22. The market cap is above $5.5 billion. Litecoin was created in 2011. as the cryptocurrency which should offer the quickest confirmation times possible at the lowest fees.  Namely, LTC transaction fees are low to zero.

Litecoin is working as an open source on a decentralized peer-to-peer network. Litecoin is running on blockchain. Its blockchain can handle higher transaction volumes than the BTC one, due to more frequent block generation.

Litecoin has passed a long way since its inception. Nowadays, it is proven to be the standard in global payments. Being fast, secure and anonymous goes a long way in the crypto payments world.

The Litecoin Foundation, it is a non-profit organization developing and promoting Litecoin and blockchain technologies.

hottest cryptos

The Hottest Cryptos in 2019

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The list of the hottest cryptos to invest in 2019 should be tailored to every persons needs. However, there are certain general characteristics which put a certain cryptocurrency above the rest. If we take a look at the not-so-known cryptos out there, we will find several that deserve our attention. In this post, we will reflect just a few of them and recall the well-known reliable cryptos.

Dash (DASH)

DASH is mainly talked about in terms of investing. Surprisingly, this cryptocurrency and its market capitalization have surpassed $2 billion. All this happened very quickly, having in mind that DASH was created in 2015.

Many people claim that its ability to provide safety and security puts it among the top cryptos in the market. Nowadays, DASH reaches approximately $100 million worth of transactions daily. The price of DASH is $158.67 at the moment of writing this text.

Binance Coin (BNB)

Everyone heard about Binance Exchange which positioned itself as one of the leading crypto exchanges today. However, we would like to draw your attention to Binance Coin.  BNB is reliable. Actually, it is among the thirty top cryptocurrencies in the market. Its market capitalization is approaching $5 billion. The price of BNB at the moment of writing this text is $32.54.

BNB is very liquid. The circulating supply is BNB 141,175,490.  The past records show that it tends to be quite stable. Additionally, the market has shown records of steady increase in unsteady times.

Bitcoin (BTC)

This is the most commented on and well-known cryptocurrency. It was primarily created with a vision to be a global, decentralized currency. Digital cash, if you wish.  Regardless of the fact BTC has experienced some ups and downs, the analysts still consider it to be one of the most reliable cryptos to both invest in and trade with. It is highly liquid. There are 17.8 million units in the market. The number of users interested in BTC is constantly high, so trading should not be a problem. The price of a BTC at the moment of writing this text is $11,749.10.  The price has a volatile history. However, the estimate is that in order to manipulate the price of a bitcoin, a person or a company would need to have extremely large resources at hand. Therefore, the chances are that fluctuations of BTC are solely related to the volume of the demand. Once the demand increases, the price goes up. Additionally, the supply is limited to 21 million coins.

Lastly, BTC has low inflation rates. As BTC is mined, there are block rewards in BTC that go to miners. Since every 210,000 blocks the reward halves, it means that in time inflation decreases.

bitcoin crypto online casino

Litecoin (LTC)

Litecoin is, many believe, one of the best cryptos ever designed. One of the reasons is because it is super-fast.  It uses Bitcoin’s source code and has faster confirmation times than other cryptos. If we compare it to Bitcoin, we will see that LTC’s blockchain can handle higher transaction volumes, due to more frequent block generation.

The predictions are that Litecoin network will produce 84 million Litecoins, which is a lot more than BTC units planned.

It is accessible globally, working as an open source on a decentralized peer-to-peer network.

The market cap is approximately $771.0 billion. The price of a Litecoin at the moment of writing of this text is $118.84.

Whatever your choice may be, the smartest advice we heard of is to keep investing in more than one cryptocurrency. The other smart advice would be to choose cryptos which are easy to store and secure at the same time, and to not be afraid to go for the more expensive ones.

Let us know about your experience with cryptos.

Stellar (XLM) Wallets

Stellar (XLM) Wallets

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If you are a beginner at exploring the crypto world, especially Stellar (XLM) wallets, you should know that crypto wallets are the digital wallets for storing your cryptos. All wallets come with safety measures, i.e. public and private keys, authentications, PIN codes and so on. Learning how to handle them is easy if you follow the instructions. However, in case you just wish to play and let someone else handle the technicalities, you can always use QBDirect.

Stellar network is an open-source, decentralized platform from where Stellar Lumens originates from. Stellar network provides for very fast cross-platform transactions with transaction fees below 1 cent. According to experts, XLM as the native currency to Stellar network, plays the role of anti-spam factor. It also facilitates the multi-currency transactions. Having said that, let us focus on Stellar Lumens (XLM) itself and the ways to store it.

XLM is among the top 10 cryptos when it comes to market capitalization. Potential users can buy it on Coinbase, among other exchange platforms. Once obtained, XLM should be kept safely in one of the offered wallets. There is a wide range of wallets in the offer. These are a few of the mostly used ones. We tried to compile their features to make the selection easier for you.

Foxlet

Foxlet is the Stellar Desktop Client. It is an open source Stellar Lumens desktop wallet. This means that it does not support any other cryptocurrencies. It functions on Windows, Mac and Linux operating systems.

What makes this wallet distinctive is that it allows for encrypting the XLM private key and storing it in the private computer. Depositing and withdrawing are also available options.

Ledger Nano S

Ledger Nano S is one of the most frequently used hardware wallets. It is popular for several reasons. It provides for storing not only XLM, but many other top cryptos, such as Bitcoin, Ethereum, Ripple, Litecoin, just to name a few. Ledger Nano S is cozy to use, as it comes in a form of a USB that can be plugged into any device. The USB features an OLED screen for checking the transaction details through a double-tap button. Finally, the most important reason for putting this wallet on our list is the amount of security it provides.

Ledger Nano S includes 2 factor authentications, a secured PIN code and a recovery seed accessibility.

Atomic Wallet

Atomic Wallet is the wallet which supports various currencies, such as Bitcoin, Bitcoin Cash, Bitcoin Cash SV, and nearly 300 other coins and tokens. This is a desktop wallet that can be used on Mac, Windows, Ubuntu, Fedora, Debian. The interface appears to be very user-friendly and easy to navigate.

Atomic wallet also provides security and anonymity.  Furthermore, it allows that the user controls the funds fully.

Stargazer

Stargazer is a popular wallet due to its availability for usage on both desktop and mobile devices. It is functioning smoothly on Windows, Mac OS X and Linux operating systems. Users also consider it to be one of the best XLM wallets for Android devices.

Stargazer provides for possibility of multiple accounts and assets. As per reviews, the interface is multilingual and easy to use, which facilitates for receiving and sending out XLM.

As for security, Stargazer offers setting up of federated addresses and relies on multi-signature security.

 

Let us know whether you find crypto wallets easy to use.

Blockchain and cryptos doing charity work

Blockchain and Cryptos Doing Charity Work

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Sometimes it is difficult to imagine blockchain and cryptos doing charity work. Philanthropic use of cryptos and modern technologies certainly has not been the primary reason why these concepts emerged. However, blockchain is constantly finding its applications in various fields. Philanthropy is just one of those applications that have found its roots. We just need to spread the word in order to get it widely accepted.

A Short Recap of Blockchain Concept

We wrote about how one of the main advantages of blockchain is to move the middleman out of the picture. Having just the two parties involved in any kind of a deal or business, reduces the costs and cutting through red tape. If we put this “no middle-man” business on a blockchain, the red tape is out of the picture as well. The data is secure, reliable, transparent and available within seconds. The question is how charity work fits into this plan?

Blockchain and Charity Work

The widely accepted premise when it comes to the value of money is that people who have earned it are more aware of its value. Therefore, they are more willing to share it, or to invest in into charity. The others, who wore born into wealth, do it mainly for certain tax reliefs. No matter whether we believe in the stated premise, the fact is that giving back to the community or a person in need is the purest human drive. The problem which most charities are facing is the lack of transparency.

Consequently, the money we donate cannot always be traced and people or companies that have donated resources or goods have no way of seeing whether their donation has reached the final beneficiary. Blockchain can help significantly in this matter. However, the reports show that this “new” technology is not so widely accepted by charity organizations. As you can see from the findings from TechTrust’s “Digital Survey 2018” report, 58% of charities among the 1,262 surveyed, do not have a digital strategy. This means that the majority of those charities have not developed plans about their online presence. They are also not planning to offer in-depth feedback about the funds they raised or to invest in IT training.

Paradoxically, the survey shows that 90% of charities have accounts on at least one social media platform. This shows that they are not lacking the basic knowledge. However, it appears that using the Internet structure is recommendable in raising the funds. When it comes to spending, the surveyed organizations apparently did not show the same enthusiasm.

Advantages Blockchain Can Bring to Charity Work

Most importantly, blockchain can cut the costs of international money transfers. An example is The World Food Program, part of the United Nations fighting hunger project. They claimed that by implementing blockchain, they managed to save around $150,000 a month on transaction fees.

By making things transparent and more reliable, charities can improve their image and build a stronger reputation. This can help them in the long run, in future fundraising.

Moving to blockchain can prove their work is sustainable. If donors receive feedback on how their money had been spent, charities will build stronger relationships with their donors. Subsequently, blockchain can trace the roots of a charity mission. Charity work is sustainable if it is well planned in advance, organized and well thought through.

The charity organization is doing sustainable work if it understands the needs of its beneficiaries and knows how to provide. Blockchain offers help in this segment as well. It secures instant exchange of data and funds.

Challenges of Implementing Blockchain to Charity Work

Reportedly, bitcoin is the leading cryptocurrency used in charity donation. However, vast majority of web sites are still not accepting donations in bitcoin. In spite of this fact, the donations in cryptos have exceeded $100 million a year.

The reports show that volatility of cryptos is the main reason for charities to avoid  bitcoin. However, foreign currencies also fluctuate and are non-the-less accepted regularly.

When thinking about challenges and cons of accepting cryptos for charity donations, we should recall the staggering amount of more than $400 billion dollars given away for charity per year and compare it with more than $300 billion in cryptos circulating globally. The potential is immense.

Do you think that cryptos can make this world a better place?