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It’s one thing to be skeptical about the project, but who are you to judge it’s a scam? And what if it’s not?

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According to the founders, the Pi coin is a cryptocurrency with two major incentives that can potentially pull a great number of miners in: firstly, of course, it is accessible to all and very easy to mine and generate. And secondly, it gives the common folk the opportunity to seize more economic value instead of giving away all power over their money to centralized financial institutions like banks or any other centralized authority figure or third party.
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Bitcoin and Ethereum will be the base layer, and everything else will be built on top of it, creating layer one, layer two, and so on.
Musk's favourite, Dogecoin soared 12 per cent to $0.2484 on Tuesday, regaining its spot as ninth largest cryptocurrency based on market capitalisation.

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“This petition is designed to kindly request of Robinhood to please list Shiba Inu coin to trade.”
TORONTO, Nov. 12, 2021 (GLOBE NEWSWIRE) -- Arena Minerals Inc. ("Arena" or the "Company") (TSX-V: AN) is pleased to announce the commencement of drilling on the Sal de la Puna Project (“SDLP Project”) located in the Pastos Grandes basin within Salta province, Argentina. Arena is operating the drill program on behalf of Sal de la Puna Holdings Ltd., which is jointly owned by Arena (65%) and Ganfeng New Energy Technology Development (Suzhou) Co., Ltd. (“Ganfeng Lithium”; 1772.HK; OTCQX: GNENF) (35

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Once the Pi Network mainnet is launched, the project says it will users will be allowed to store and trade their Pi coins in external wallets, in addition to its in-app wallet. Users will also have the option of taking over full ownership of their public or private keys as soon as the project officially launches.

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    Popular Twitter trader Crypto Chase said "well done Binance U.S." and sarcastically commented that it's a "good thing Americans are forced on to these dogs**t exchanges where they can get completely scammed on unreasonably thin books."
    Many analysts from SafeTrading and investors in the market have given various reasons for this decline. A recent tweet from a Singapore-based crypto fund firm is an example of this.

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    The Pi server acts as a cryptocurrency faucet and emulates the behavior of a decentralized system as if it is working after the launch. At this stage, it’s quite simple to make changes to the system and UX (compared to the situation with the core network). After the network launches, all users will receive the coins they have mined.

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    The foil to all of this is whether this pandemonium births some regulatory backlash, a possibility that of course does not exist in quite the same way for cryptocurrencies from a central governance standpoint. TD Ameritrade and Schwab are already limiting trades of some of these meme stocks today and I think there is certainly a universe in which the SEC aims to take a pot shot at this saga by means of promoting market sanity and I am much more confident that there’s a world where Reddit is pushed to at least temporarily ban r/WallStreetBets for some unclear reason.

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    3. Bitcoins are "mined" by computers that solve incredibly complex mathematical equations. Like coal or oil, there is a limited number of Bitcoins available to be mined, estimated to be in the ballpark of 21 million.

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    The team themselves acknowledge the chances of failure and say they work hard to ensure that the project turns out to be a success.

    — “The Filter Bubble Transparency Act would require internet platforms to let people use a version of their services where content selections are not driven by algorithms.” It would “exempt smaller companies with fewer than 500 employees, those with annual gross receipts lower than $50,000,000 in the last three-year-period, and those that gather data on fewer than one million users annually.” A bipartisan companion bill in the Senate is sponsored by John Thune (R-S.D.), who plans to work with Buck on tech and antitrust issues going forward, a GOP aide told Axios , increasing the likelihood of winning more support from Senate Republicans.
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Then there are the Ambassadors, those who introduce other users to the Pi Network by sharing invitation codes with them, and the Contributors, who – after finishing three full mining sessions as a Pioneer – can add three to five people whom they trust to their security circle to achieve that role. And of course, there are the Nodes – those who use the app and run node software on their computers.

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— In a 1,500-word memo obtained by The New York Times over the weekend, the company’s top lobbyist, Nick Clegg, sought to rebut Haugen’s allegations ahead of her unveiling in an episode of “60 Minutes” on Sunday night. “Social media has had a big impact on society in recent years, and Facebook is often a place where much of this debate plays out,” he said in the memo, in which he called Haugen’s impending accusations, which included blaming Facebook for January’s insurrection at the Capitol, “misleading.” He wrote that “what evidence there is simply does not support the idea that Facebook, or social media more generally, is the primary cause of polarization.”

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Johnny Lyu, CEO of KuCoin — a crypto exchange — spoke with Cointelegraph about the positives of such high demand from retail investors: “It can be considered as a way to quickly learn about blockchain and the cryptocurrency industry. It provides new users with a lower threshold compared to some mainstream cryptocurrencies such as Bitcoin and Ethereum.”

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He likens the drop to the stock market crash of 1987, from which the markets took months to recover. But because crypto moves a lot faster today than equities did in the 1980s, Noble says we may see a quicker recovery.

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