QSI Connecticut 🇺🇸
Official Announcements and Resources channel to support the local Stellar Quorum Slice, an SDF Initiative that is 100% created by, managed, and owned by the Quorum Slices! “𝓑𝔂 𝓽𝓱𝓮 𝓟𝓮𝓸𝓹𝓵𝓮, 𝓕𝓸𝓻 𝓽𝓱𝓮 𝓟𝓮𝓸𝓹𝓵𝓮!”❤️ Global channel: @QuantumStellarInitiative
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FACT: 85% of individual investors lose money in the stock market or earn less than the return of a money market while maintaining all the risk of market declines Two Main Reasons: 1) Failure to Understand Risk 2) Psychological Biases and Characteristics Topics: -learning how to evaluate risky trading scenarios -how to "frame" or perceive an investment scenario -CUT YOUR LOSSES SHORT AND LET YOUR PROFITS RUN, don't CUT YOUR PROFITS SHORT AND LET YOUR LOSSES RUN Psychological biases and behaviors that cause failure in investing: -Loss Aversion/Loss Trap -Siegel's Paradox -Need to be right/correct all the time -Illusion of control -Confirmation bias -Gambler's Fallacy Bias -Recency Bias / Snake Bite Effect Common Rationalizations That Keep You In The Loss Trap! -"It's not really a loss until I sell it" -"The markets always come back" -"It's down already 40%.It has to be near a bottom" -"It's a Tax Write-off" Summary: Most people tend to make the same mistakes over and over due to the way they mentally frame the situation they're looking at. Instead, they need to develop an investment plan that will produce positive expected values over the long term. They need to accept losses as a normal part of trading or investing, and not let losses cause negative emotions that will cause them to have bigger losses. They need to pre-determine both positive and negative outcomes, so that they are mentally prepared and ready to take action when they occur will cause them to have bigger losses Connect with QSI here: Document Library: www.QSIResources.com Official Telegram Channel:
https://t.me/QuantumStellarInitiativeOfficial Telegram Chat:
https://t.me/QuantumStellarInitiativeChatOfficial YouTube:
https://youtube.com/channel/UChCxSaSZyyvFnMINo3sUQtQ610
Financial institutions frequently ask: “Where is the market for me to generate these tokenized assets? Who is going to buy the tokenized assets?” Chainlink’s Sergey Nazarov discusses the public blockchain and private bank chain markets, how Chainlink is essential tokenization infrastructure, and the impact of Chainlink connecting DeFi with TradFi. Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $12 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors. ✅ Subscribe to our channel here:
https://www.youtube.com/channel/UCnjkrlqaWEBSnKZQ71gdyFA?sub_confirmation=1Learn more about Chainlink: Website:
https://chain.linkDocs:
https://docs.chain.linkTwitter:
https://twitter.com/chainlink#Chainlink #crypto #onchain
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Vitalik Buterin has argued that blockchains and zero-knowledge proofs can help protect against authoritarianism.
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The digital revolution in finance has advanced significantly with Tencent's involvement in China's mBridge cross-border CBDC initiative. Coordinated by the BIS Innovation Hub, this project aims to transform international payments by making them cheaper and faster. Tencent's participation underscores its strategic foresight and highlights China's leading role in the global digital currency race.Tencent's Strategic Move Tencent's involvement in mBridge through its cross-border payments arm, Tenpay Global, is not just a technological advancement but a statement of intent. Tencent, the owner of WeChat Pay, China's largest mobile payment app with 1.1 billion monthly active users, signifies the growing influence of private tech giants in the traditionally state-dominated financial systems. This development is part of China’s ambitious eCNY pilot, which integrates seamlessly into the mBridge system, ensuring all transactions are settled in the digital yuan. mBridge Project Overview mBridge is a collaborative CBDC platform developed by the central banks of China, Hong Kong, Thailand, and the UAE, with Saudi Arabia recently joining the project. This initiative aims to address inefficiencies in the current global financial system by making cross-border payments cheaper and faster. The project leverages wholesale CBDCs from the participating central banks, facilitating real-time settlement of transactions. Trials and Practical Applications In the trials leading up to the launch of the minimum viable product (MVP), Tenpay Global tested use cases involving trade payments for e-commerce exports. This practical application demonstrates the project's potential to revolutionize international trade by simplifying and expediting payment processes. The involvement of nine major Chinese institutions, including the Industrial and Commercial Bank of China (ICBC), Agricultural Bank of China, and China Construction Bank, highlights the broad support and collaboration within China Technological Integration China's role in mBridge is particularly noteworthy for its technological architecture, which is based on distributed ledger technology (DLT). This framework allows for real-time settlement of transactions using China's pilot digital currency, the eCNY. By integrating the eCNY with the mBridge system, China ensures that all incoming and outgoing funds are settled in its digital currency, streamlining processes and reducing the potential for errors and delays. Public-Private Partnerships Tencent's involvement is significant as it represents one of the first instances of a private firm directly participating in China's domestic digital RMB pilot. This move underscores the strategic importance of public-private partnerships in the development and deployment of CBDCs. Tencent, along with Ant Group’s MyBank, became one of the first private institutions connected to the main CBDC system, facilitating digital RMB transactions and paving the way for broader adoption of digital currencies. https://www.financemagnates.com/fintech/payments/tencents-role-in-chinas-mbridge-cbdc-cross-payment-solution/
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The direct integration of cryptocurrency payment methods into social media platforms is poised to revolutionize global finance as we know it.
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