FMZ Quant World

FMZ Bitcoin was launched in 2009, with a decentralized trading method, which raised a storm in the money market and became the cryptocurrency that many investors concern. Last year was the most popular year for Bitcoin, and the price was rising by more than 8,000 US dollars. However, the downward trend of Bitcoin prices this year hit a record. Some people say that Bitcoin is "digital gold", so what is the price trend of Bitcoin compared with gold? Bitcoin and gold are more similar than expected Bitcoin has been in the market for less than a decade, but has some incredible similarities to gold in terms of performance. Twitter user Nunya Bizniz posted a picture showing the price of Bitcoin between 2013 and 2018 and the price of gold from 1976 to the present. The similarities are pretty shocking. The historical price trend of Bitcoin is very much the same as gold. This Twitter user said that both charts show incredible similarities in the trend. It is clear

www.fmz.com I believe that the white paper published by Nakamoto in 2009 is far more than just for profit. The essence is to change the entire social system, break the current centralized system, and eliminate corruption, power mismatch in this relationship to power. I call for the establishment of a new culture based on decentralized thinking, thus realizing the subversion and innovation of relationship to power. The following opinion piece on building a decentralist culture was written by Max Borders, director of  Social Evolution  and author of  The Social Singularity . Some people have made good money buying and trading tokens. And on net, that’s a good thing. Whether you’re a trader or lucky hodler, you’re contributing to human progress. But it’s not enough. Also read:  Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification Satoshi Nakamoto did not write the seminal 2009 white paper in order to get rich. He (or they) wanted to commit arso

www.fmz.com From the movies, casinos are all luxuriously decorated, advanced in equipment, and won the guests’ money by various high-tech cheating methods. After watching the movie, I feel that nice frauds in ten gambles. Honest people like me cannot go to casinos Is this true in the casino? Is it to rely on various high-tech means to cheat and earn money from gamblers? Actually it’s not, the real situation is just the opposite. The casino may be the place that pays the most attention to its reputation in the world. Once the cheating is known, the business of casino will go deeply down! Because the casino does not need to cheat at all. They rely on mathematics, beating you with probability. The simplest roulette, from 1 to 36, you can bet on odd number or even number, and you can get twice the money if you win. At this time, your winning rate as a gambler and a casino’s winning rate is 50% each. You and the casino are in a situation that both don’t make profit after long term.

[My great achievements shall be cast on bronze, carved on marble and engraved on wooden boards forever. When these deeds are circulated in the world, the age of happiness also come. Cervantes Don Quixote] On the occasion of the tenth anniversary of the birth of this bitcoin, I sent this sentence to Satoshi Nakamoto, paying tribute to this great era. 01 The clock goes back to 2008, and the world is struggling with the worst global economic recession in half a century. This extraordinary shock has caused serious trade shackles and led to the collapse of several large financial institutions. Due to the global integration and the development of various well-designed financial products, the world financial system has expanded into an interdependent, closely-knit ecosystem. The crisis has developed like a fire, and central banks and policy makers seem to be unable to do anything. The crisis was caused by policy makers. In order to stimulate the economy, governments implement

www.fmz.com After attending a blockchain meeting, what I feel most deeply is "privacy". In the era of big data, our information is undoubtedly invaluable, but we can't profit from it, and its value is almost taken away by the large Internet platform. When others use our information, they do not need to ask for our permission, and we don’t even notice. The Internet world we are currently in is full of loopholes everywhere. Such huge amounts of information are stored in a centralized Internet platform, and the platform is unwilling to pay a high price for protecting data. Hackers, dark networks, information leaks... But we don't want to be transparent people. To some extent, privacy means dignity. We are not willing to let everyone know all of our deeds, because this will undermine our image in the eyes of others and undermine the characters we shape. Even more frightening is that in an era when AI predictions are so developed, once all our historical data