![]() ![]() According to Helium, the migration to Solana was meant to increase Helium's speed and reduce transaction costs. Helium's Smart Contracts Experience Hiccupsĭuring this period, Helium's smart contracts were unusable, forcing the network's restart on Wednesday. It remains uncertain whether this trend reversal indicates the beginning of a bullish market. Solana Shows Signs of Resurgence Despite Setbacksĭespite the price correction, Solana has shown signs of resurgence, with a price increase of 3% in the last 24 hours. For example, Bitcoin's price has dipped by over 8% in the past four days, struggling to surpass the resistance level at $30,000. Several coins, including Bitcoin, are working hard to break through key levels to establish a bullish momentum. This bearish trend, however, is not limited to Solana, as most cryptocurrencies are experiencing dips in their token values. ![]() In the past week, Solana's token prices have plummeted, with a significant price correction. Solana Token Experiences Price Correction, While Bitcoin Strugglesīearish Market Affects Several Cryptocurrencies Ultimately, all investors must exercise caution when investing in high-risk assets such as cryptocurrency and bitcoin, taking full responsibility for any associated financial losses. In contrast, Michelle Bowman, a Federal Reserve Governor, highlighted on a public platform the importance of prioritizing privacy when considering the potential of digital currency. Kiyosaki believes that with the advent of blockchain technology, the potential to track citizens has only increased, raising substantial privacy concerns. Understandably, Kiyosaki is concerned about the dangers of such monitoring, which could track every detail about a person's spending and financial movements. Kiyosaki suspects that such widespread monitoring could result in an Orwellian reality akin to the dystopian future depicted in George Orwell’s book 1984. In a new episode of The Rich Dad Channel, Kiyosaki shares his concerns about a “FedCoin,” or a CBDC issued by the Federal Reserve, stating that such a currency would enable authorities to monitor American citizens to ensure they remain compliant with regulations. Robert Kiyosaki, author of the popular financial education book Rich Dad Poor Dad, has recently warned about the potential dangers of the US launching a central bank digital currency (CBDC). Rich Dad Poor Dad Author Argues Central Bank Digital Currency Raises Red Flags for Privacy
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