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Armed FBI Agents Raid Homes of Area 51 Investigator – Seize Computers, Files, Phones and More

This is the kind of story everyone in the field of UFO investigations fears could happen to them – federal agents or agents with no visible identification showing up to confiscate years of evidence and files on reports of unidentified flying objects, extraterrestrials, secret bases and data collected in both legal and possibly illegal ways in order to expose these secrets to the public. It is being reported today that both the home and the office of Joerg Arnu, the founder of the Dreamland Resort website in Rachel, Nevada, were raided by agents from the Federal Bureau of Investigation. Jeorg’s one home and headquarters of the Dreamland Resort website is located just outside of Area 51 and has been a comprehensive source of information on the highly classified U.S. Air Force (USAF) facility within the Nevada Test and Training Range. This story comes from George Knapp, the famous Las Vegas investigative reporter who himself researches UFOs, aliens and Area 51. Here is what George Knapp had to say in his news-breaking tweet on November 10, 2022:

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Climate Chain Coalition releases report on blockchain and emerging technologies at COP 27

Cointelegraph is a member of the network of organizations committed to using blockchain technology for climate action.

The Climate Chain Coalition (CCC), a network of organizations dedicated to leveraging blockchain technology for effective climate action, including Cointelegraph as a member, delivered on Nov. 11 its stock take report at the United Nations Climate Change Conference, or COP27, in Sharm El-Sheikh, Egypt. 

Founded five years ago, the coalition has been working on initiatives related to the consumption accounting system and greenhouse gas emissions accounting. Tom Baumann, chair and founder of the Climate Chain Coalition, stated:

“During those years, the Coalition has grown from 12 founding organizations to over 360 organizations in 69 countries. The coalition was founded on the ethos of blockchain and emerging technologies as an open distributed network where members self-organize into member-driven initiatives.”Climate Chain Coalition (CCC) members at the United Nations Climate Change Conference, COP 27, in Egypt.

The coalition’s mission is to resolve issues and challenges needed to advance transformative digital climate innovations by creating resources to support a shared data and digital infrastructure, as well as supporting networking and capacity building, as well as partnering between digital and climate communities.

Related: How blockchain technology is transforming climate action

Cointelegraph editor-in-chief Kristina Lucrezia Cornèr speaking at the COP 27 on blockchain relevance on fighting climate change.

Speaking at the panel, Cointelegraph editor-in-chief Kristina Lucrezia Cornèr commented:

“Education is key here, and media responsibility is incredibly high. We consider it our biggest mission to talk not only about what is intrinsic to the blockchain industry, but what’s going on beyond. And because it’s out of the box that things are uniting us because this conference is about climate action and climate is so much more about just climate change. It’s about sustainability, and it’s about our future.” 

Also participating in the panel, Alexey Shadrin, co-founder and CEO of Evercity, a platform for management, issuance and monitoring of sustainable finance, highlighted how the coalition’s efforts are supporting organizations with use cases on implementing blockchain technology, as well as guidance to the new projects that are rapidly emerging right now on the markets. “We want to make sure that those projects are not only innovative and cool, but also aligned with core UN values and standards that currently exist there and that were developed by many, many experts within the UN process and beyond.”

Even though digital assets have been criticized for their high-energy consumption, such an accusation is inaccurate. There is a need to distinguish between cryptocurrencies and underlying blockchain platforms that are energy efficient and support climate initiatives.

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FTX crisis likely to spark a domino effect, macro analyst explains

The collapse of Sam Bankman-Fried’s crypto empire is likely to have repercussions beyond the crypto markets, according to Mike McGlone, senior commodity strategist at Bloomberg.

The repercussions of the cataclysmic FTX downfall are going to be broader than the crypto markets, as they will accelerate downward moves in stocks and commodity markets, according to Mike McGlone, senior marco analyst at Bloomberg.

“Bitcoin has been one of the leading indicators on the way up, and it’s a leading indicator on the way down. And it’s just broken down, so expect most dominoes to fall,” McGlone pointed out in a recent interview with Cointelegraph. 

McGlone expects traditional stocks to continue falling as the Federal Reserve keeps raising interest rates in an attempt to curb inflation. According to the analyst, the FTX crisis will also accelerate the decline in commodity prices as the world economy enters a period of recession.

The FTX shock will likely send Bitcoin prices to new lows, according to McGlone. “I’m afraid Bitcoin might head to the $10,000 to $12,000 area,” he believes.

To understand the implications of the FTX crisis from a global macro perspective, watch the full interview on our YouTube channel, and don’t forget to subscribe!

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Bitcoin slips under $17K, crypto stocks tumble in reaction to FTX bankruptcy

Bitcoin, altcoins and crypto-linked stocks correct sharply after FTX officially files for bankruptcy with BTC price slipping below its June lows again.

Bitcoin (BTC), Ether (ETH) and cryptocurrency-linked stocks like MicroStrategy are seeing a sharp downturn after news broke that FTX announced filing for Chapter 11 bankruptcy and Sam Bankman-Fried stepping down as CEO. 

Bitcoin, Ethereum and MicroStrategy comparison. Source: TradingView

Crypto-linked stocks decline

MicroStrategy (MSTR), led by the outspoken advocate of Bitcoin Michael Saylor, is down 32.57% on Nov. 11 in a 5-day period. MicroStrategy holds about 130,000 Bitcoin and, therefore, its stock price is heavily correlated with BTC/USD. Meanwhile, the tech-heavy NASDAQ has gained 0.79%.

Mining stocks have seen losses today, with the Hashrate Index Crypto Mining Stock Index showing a 0.14% loss at midday Nov. 11. Top miners’ market performance is much lower. Marathon (MARA) is down 4.95%, Riot (RIOT) is down 5.74%, and Hive (HIVE) is down 16.08%.

Mining stock performance sorted by market cap. Source: Hashrate Index

Meanwhile, ETH price saw a 22% decrease this past week despite Ether becoming deflationary for the first time since the Merge. Over 8,000 Ether have been burned in the last seven days bringing the yearly rate to -0.354%.

7-day Ether supply statistics. Source: ultra sound money

In addition to the FTX debacle hindering the Ether price, a mass amount of futures liquidations caused the price to hit a 4-month low of $1,070 this week.

Bitcoin price back below June lows 

Data from Cointelegraph Markets Pro shows Bitcoin has lost 20% of its value in the past week as well. In addition, Bitcoin reached a new yearly low of $15,742 due to the FTX collapse.

Bitcoin index. Source: Cointelegraph

Moreover, Bitcoin’s price crunch is leading miners to sell at an accelerated rate further increasing downward pressure.

According to Charles Edwards, founder of the Capriole Fund, Bitcoin miners reached the red level on an open-source Bitcoin Miner Sell Pressure chart, which shows the most selling in almost five years. 

Bitcoin miners are in pain and selling more than they have in almost 5 years!

Introducing: Bitcoin Miner Sell Pressure.

A free, open-source indicator which tracks on-chain data to highlight when Bitcoin miners are selling more of their reserves than usual. pic.twitter.com/sXpxXXdUiW

— Charles Edwards (@caprioleio) November 11, 2022

The uptick in miner selling has also coincided with a Bitcoin whale moving 3,500 BTC for the first time since 2011.

Is BTC close to bottoming?

But analysts are mixed on whether BTC has bottomed. For instance, trader Mags sees two possibilities.

He tweeted:

“Bottom is in already ($15.5k) and we front run everyone waiting for $14k,” Otherwise, “We see a deep re-test & go way lower than $14k , maybe $11.5k – $12k.”

Other popular analysts like John Wick don’t believe the bottom is in. 

“I gave everyone heads up and said if this lower end of the support broke that I would short again,”he said.” I also mentioned that I did not think the lows were in. I hope you put in your orders ahead of time”

#BTC

I gave everyone heads up and said if this lower end of the support broke that I would short again. I also mentioned that I did not think the lows were in.

I hope you put in your orders ahead of time

Dots again catching the move early and have predicted every move https://t.co/FVF0aMSq3X pic.twitter.com/ADlgNyBcC8

— John Wick (@ZeroHedge_) November 11, 2022

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

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Critical First Steps For Psychic Beginners

There are some critical first steps that all beginners need to embrace if they want to expand their psychic abilities. Simply noticing these experiences won’t help someone to cultivate and gain the control they need to put this useful skill-set into action. It takes dedication and direct effort, but where does one begin?

Step One – Exploring The Scientific Foundations

Many budding psychics aren’t even aware of the existence of scientific research regarding psychic-based phenomena. Without this critical knowledge, it can leave them feeling confused and doubtful about the validity of their experiences. By exploring the scientific basics, one can gain a sense of confidence and understanding that will make the developmental process far easier. So where does one find this scientific information?

Despite the lack of mainstream acknowledgement, the academic study of psychic phenomenon is actually considered to have been formally created on February 20th, 1882 when the Society for Psychical Research (SPR) was founded by a group of distinguished scientists, thinkers, and scholars of the time (Irwin & Watt, 2007). In the 1930’s, J.B. Rhine began psychical research in the U.S. while working at Duke University. However, he replaced the use of the phrase ‘psychical research’ with the term parapsychology – meaning above or beyond psychology — and it is this terminology that still defines the field today.

Budding psychics need to know that within the parapsychological field, there is ample research supporting the existence of psi – pronounced as ‘sigh’ and being the scientific term used for psychic functioning. And it is here that the beginner will want to start their pursuit of knowledge. The Society for Scientific Exploration (SSE), The Society for Psychical Research (SPR), The Parapsychological Association (PA), The Institute of Noetic Sciences, and The Windbridge Research Center all provide quality scientific information. They each offer written materials, classes, events, and/or videos – all geared towards the academic understanding of a wide range of psi-based experiences. The Rhine Research Center also regularly offers an excellent course entitled Introduction to Parapsychology. It truly is an outstanding class to help beginners learn the scientific basics.

Step Two – Taking The Initiative

I have encountered countless people who want answers about their psychic experiences, but when asked what they are doing to solve those issues, they admit to having done nothing. This brings us to the second critical step of taking the initiative. There are, however, a variety of good reasons for why someone is not taking the initiative towards their psychic development. For example, fear and confusion are common reasons for not moving forward, as are a lack of time or discipline. In addition, some people are merely curious, putting psychic development far down on their priority list. There’s nothing wrong with this decision. It’s a personal choice. But in reality, without a burning desire along with effort and dedication, one will rarely get far in any area of life unless there is a willingness to truly set aside the time to make things happen.

Psychic Experience Evaluation

In order to evaluate this step, take some time to make a list of all of those issues that are preventing forward momentum in one’s psychic development. And be sure to be brutally honest when making the list. No one else is going to see it. In other words, if ‘lazy’ and ‘unmotivated’ are reasons for not developing, then that’s perfectly ok. This simply indicates, that at least for now, perhaps one’s psychic development needs to go to the wayside.

With a completed list of those issues that are preventing one from taking the initiative, the next step is to tackle one item at a time. For example, let’s look at confusion as this is a commonly reported issue. With confusion as the theme, make a more extensive list of everything that is confusing about psychic development; how to practice, who to trust for assistance, where to find a community, uncertainty about personal skills and experiences, etc. By breaking down the topic of confusion into smaller bites, these then become action steps that can be addressed one at a time. And by doing this, you are now taking the initiative. Yes, perhaps it seems a slow and maybe even irrelevant process, but by getting to the root of any resistance, one starts the path towards resolution.

Step Three – Documenting Psychic Events

The third critical step for psychic beginners is to pull out a pen and paper and to document any and all potential events. No matter how silly they might seem, if there’s something odd, extraordinary, synchronous, or weird that occurred, then just make note of it. It only takes a few minutes each night to jot down anything that took place during the day. Or, document it as soon as it happens. Either way, do this regularly for a few weeks, ideally a month, until there are a fair number of documented experiences.

Use a Psychic Journal

Remember to list as many details as possible for each event. These can be helpful later – indicating patterns and uncovering tendencies towards certain psi-based experiences and/or skills. By its nature, psi is often incomplete, symbolic, and deeply intimate in nature. This means discerning personal meaning and deciphering one’s unique way of psychic functioning. For example, some individuals are very prone to seeing colors with each of those colors having unique meanings just for them. Others may hear song lyrics or movie titles or see animals or designs. These symbolic psi-based impressions will have different meanings for different people, so finding the clues and patterns as they pertain to YOU is all that matters. This involves documenting and making note and discovering insight over time – as well as patience!

In addition, a willingness to embrace psi enhances its frequency! By documenting and journaling, you are not only noticing psi but also encouraging it to take place. This notion is supported by the work of Gertrude Schmeidler who demonstrated through her research that belief in psi created positive results, while disbelief actually discouraged results – even above statistical chance. She coined this variable as ‘the sheep-goat effect.’ So, by embracing psi, even through something as simple as journaling, you can start to pull in more experiences to help hone-in on your particular psychic skill-sets.

Step Four – Learn The Psychic Language

The fourth critical step towards psychic awareness is to learn some basic terminology and language as it relates to psychic functioning – ideally from reliable resources. As previously discussed in step one, parapsychological organizations are a great place to start. There are, however, two drawbacks to these scientific organizations. First, since they are so academically oriented, some of their material can be rather confusing and overwhelming to the general layperson. Secondly, they observe and study psychic experiences from the outside looking in. This means they provide a very important objective look at psychic experiences but may be lacking in actual personal experience. For these reasons, it can also be very helpful to search out reliable paranormal resources as well as qualified psychics and mediums who have an understanding of parapsychology.

A well-trained paranormal group should understand the scientific basics surrounding parapsychology. This allows them to help someone wade through their confusion, offering clarity, resources, and guidance for further education. I won’t address the various aspects of finding a good paranormal group at this time. Just remember to ask them about their experience and training and how they plan to offer assistance. Far too many groups base their techniques and assistance on methods developed from television and know nothing of parapsychology. However, there are also plenty of quality field investigators out there. These folks can be very helpful in providing education and awareness for those having psychic experiences.

The Use Of Psi

In the same way, a well-qualified and experienced psychic or medium can also be extremely helpful. These folks offer personal experience and insights that academics often just can’t provide. Because psychics and mediums have ‘walked-the-walk,’ they can be a great resource for honing-in on what is psi and what isn’t, what it feels and looks like, explaining fears and resistances, discussing spirit visitations from an experiential perspective, as well as offering a basic vocabulary. It is important to explore not just the science, but also from those who are already utilizing the skill themselves.

While the ability to verbalize and speak the psychic language may not seem relevant to development, try to think of it this way. Let’s say that someone goes to school to learn how to work on cars. Before they can succeed they need to learn the various car parts, the way the parts function, and the tools that are required for working with those parts. This means learning the language and tools of the trade in order to become successful. The same applies to the psychic world as well – learning the language and tools of the trade leads to success.

Put it together

Summary: Put together, these four steps are all designed to help individuals get started on exploring, understanding, and expanding on their psychic experiences. Perhaps they don’t seem very glamourous, but learning the science, taking initiative by identifying resistances and finding solutions, documenting personal psi-based events, and then learning the psychic language and tools of the trade from a variety of reputable resources will all go a long way towards making the process unfold.

References

J.B. Rhine History & Background Psi Encylopedia

Gertrude Schmeidler Psi Encylopedia

An Introduction to Parapsychology, 5th Edition, Harvey J Irwin & Caroline Watt, 2007

Photos Courtesy of Unsplash Cover Pic 1 Pic 2 Pic 3 Pic 4

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CySEC requested FTX’s European arm suspend operations prior to bankruptcy: Report

FTX Europe was one of roughly 130 companies in FTX Group which will be a part of bankruptcy proceedings in the United States.

The Securities and Exchange Commission of Cyprus, or CySEC, reportedly issued a statement amid FTX filing for Chapter 11 bankruptcy in the United States that the regulator requested the exchange halt operations for its Europe arm.

According to a Nov. 11 Reuters report, the CySEC said it had asked FTX Europe to “suspend its operations and to proceed immediately with a number of actions for the protection of the investors” on Nov. 9. It’s unclear why the financial regulator chose to reiterate its call to the crypto exchange, given FTX Europe was one of roughly 130 companies in FTX Group which will be filing for bankruptcy.

CySEC approved the FTX arm to operate in the island nation from its regional headquarters in March, with its European headquarters based in Switzerland. Amid FTX’s liquidity issues, global financial policymakers have responded with suggestions for additional regulations on crypto firms, as well as freezing assets with the exchange’s local businesses, as was the case in the Bahamas.

Related: Crypto.com scores regulatory approval from Cyprus SEC

FTX CEO Sam Bankman-Fried said on Nov. 11 he would be working on “giving clarity on where things are in terms of user recovery” as soon as possible. He resigned amid bankruptcy proceedings, with John Ray taking over as CEO.

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Crypto Biz: Crypto’s day of reckoning has arrived

After lecturing us about crypto regulation, Sam Bankman-Fried’s house of cards collapsed this week as FTX declared bankruptcy.

Who would’ve thought that the implosion of Terra, the collapse of Three Arrows Capital and the bankruptcies of Celsius and Voyager wouldn’t be the most terrible crypto stories of 2022? In retrospect, crypto’s day of reckoning — and the new low for the cycle — hadn’t arrived even after all these tumultuous events. 

The industry’s cyclical execution occurred this week when FTX — the world’s second-largest crypto exchange — was feared to be insolvent and on the brink of collapse. Those fears stemmed from FTX’s incestuous relationship with Alameda Research, a trading firm founded by FTX CEO Sam Bankman-Fried — As it turns out, FTX was trading on Alameda revenue to prop up its business, offering its illiquid and useless FTX Token (FTT) for Alameda’s Tether — Amid reports that FTX’s native token comprised roughly 40% of Alameda’s assets, Binance CEO Changpeng Zhao announced that his exchange would liquidate its entire FTT stash. It was the same Zhao, also known as CZ, who offered to buy FTX a few days later to save it from imminent collapse. While Bankman-Fried agreed to the deal, credible rumors suggest that CZ is backing out because of a huge hole in FTX’s finances. (Those rumors have since been confirmed to be true.)

Liquidating our FTT is just post-exit risk management, learning from LUNA. We gave support before, but we won’t pretend to make love after divorce. We are not against anyone. But we won’t support people who lobby against other industry players behind their backs. Onwards.

— CZ Binance (@cz_binance) November 6, 2022

This week’s Crypto Biz newsletter isn’t for the faint of heart.

Breaking: Binance CEO announces intent to acquire FTX to ‘help cover the liquidity crunch’

After trying to quell rumors of FTX’s liquidity issues, Bankman-Fried announced on Nov. 8 that his firm had agreed to a Binance takeover — a move intended to ensure that all existing users would be made whole. “I know that there have been rumors in media of conflict between our two exchanges, however Binance has shown time and again that they are committed to a more decentralized global economy while working to improve industry relations with regulators,” Bankman-Fried tweeted. (It was later reported that CZ and Binance looked under the hood of FTX and didn’t like what they saw, so they’re backing out of the deal.)

Binance CEO shares ‘two big lessons’ after FTX’s liquidity crunch

Whether he likes to admit it or not, CZ played a major role in FTX’s collapse this week when he tweeted his intent to liquidate Binance’s FTT holdings. As the whole ordeal played out, CZ sounded off on “two big lessons” he learned from the FTX saga: “Never use a token you created as collateral” and “Don’t borrow if you run a crypto business.” He also confirmed that “Binance has never used BNB (BNB) for collateral, and we have never taken on debt.” Massive debt, poor asset management and highly risky trading practices have been common themes in this year’s crypto market mayhem.

Two big lessons:

1: Never use a token you created as collateral.

2: Don’t borrow if you run a crypto business. Don’t use capital “efficiently”. Have a large reserve.

Binance has never used BNB for collateral, and we have never taken on debt.

Stay #SAFU.

— CZ Binance (@cz_binance) November 8, 2022

Galaxy Digital discloses $77M exposure to FTX, $48M likely locked in withdrawals

As FTX began to unravel, it didn’t take long for businesses to step forward and acknowledge their exposure to the sinking crypto derivatives exchange. On Nov. 9, blockchain financial services company Galaxy Digital disclosed that its exposure to FTX was worth nearly $77 million consisting of cash and digital assets. The company also acknowledged that $48 million of that total was likely locked in withdrawals. Like many other collapsing exchanges and lenders, FTX announced that it was halting withdrawals to prevent a bank run while its FTT token was in freefall.

Meta joins big tech layoffs, lets go of 11,000 employees

If crypto news wasn’t bad enough, Facebook operator Meta announced this week that it would lay off roughly 13% of its staff, equivalent to 11,000 people. Like other big tech companies, Meta is hemorrhaging money due to soaring costs and a declining economy. Meta’s metaverse division, dubbed Reality Labs, lost $3.672 billion in the third quarter, raising serious doubts about its metaverse ambitions. Some of Meta’s shareholders are growing concerned that Mark Zuckerberg’s metaverse experiment might not bear any fruit. The Zuck could dole out as much as $100 billion toward his metaverse business over the next ten years. Is that a gamble you’d make?

BREAKING: Meta CEO Mark Zuckerberg says the company will cut 13% of jobs affecting more than 11,000 employees, the first major round of layoffs in the social media giant’s history https://t.co/heUXkZEQPL pic.twitter.com/yFg8tZbI0i

— Bloomberg (@business) November 9, 2022

Crypto Biz is your weekly pulse of the business behind blockchain and crypto delivered directly to your inbox every Thursday.

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Top Secret and Underground Facilities: There’s Way More Than Just Area 51 and the Legendary Dulce Base

There is absolutely no doubt that the world, right now, is a dangerous place – an extremely dangerous place. Our relations with the Russians are at an all-time low. Things aren’t going well with the Chinese. And, the actions of North Korea aren’t helping. In light of all that, an important question needs to be asked – and answered. If war comes – and it turns nuclear – will “our leaders” quickly head deep below the surface of the planet, only to return years later to claim what remains of the planet and human civilization? Such a thing is not at all impossible. In fact, there are significant signs that plans are indeed being made to ensure that the underground will be the place to be if the apocalypse occurs. But, as is usually the case, it will be the controlling elite who will be calling the shots, rather than the rest of us. Let’s take a look at some of the highly-classified installations that exist on our planet and how “they” may make use of them if the unthinkable happens. We’ll start with Russia.

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Time Travel with Elvis, Electrical Tower Bigfoot Sighting, Haunted Stormy Daniels, Don’t Lick the Toads and More Mysterious News Briefly

Octopuses may have huge brains, but that doesn’t mean they use them wisely — for the first time, researchers captured video footage of these cephalopods collecting shells and clumps of sand with their arms, then using their jets to fire the objects at each other in a strange behavior that could be a way to keep other octopuses away from them or their territories. Or are they using those giant brains to prepare an armed invasion of the surface creatures who are polluting their world?

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What can blockchain do for increasing human longevity?

The emerging longevity sector is attracting many crypto natives, who can both benefit from it and contribute to it with blockchain tools.

The nascent longevity industry focuses on the research and implementation of solutions and technologies to extend the lifespan of human beings — making people live healthier, longer lives.

Longevity is not yet considered an official medical term, and aging is not officially considered a disease but a natural occurrence in every living thing.

However, some biologists, researchers and practicing doctors believe this approach should change, and they are striving to discover the mechanisms of aging in humans. In doing so, they are creating age clocks by defining biomarkers for measuring biological age, exploring the best lifestyle habits and natural supplements, and inventing new drugs that could stop us from getting older.

Longevity has been on the radar of crypto leaders for some time already, which is not a surprise given that the industry promises to improve humankind through innovation. Indeed, one prominent event in the longevity industry, the Longevity Investors Conference, is organized by Marc P. Bernegger and Tobias Reichmuth, who were previously involved with the Crypto Finance Group.

Crypto meets longevity

At the most recent iteration of the Longevity Investors Conference in September 2022, speakers taking part in the “Crypto meets longevity” panel noted that both industries — crypto and longevity — are disruptive fields that challenge established norms.

“Everybody here in this room is, to a certain extent, a pioneer because we really come together in a phase where it’s similar to the internet, Bitcoin and other exciting industries,” said Bernegger, who is the founding partner at Maximon — an accelerator for longevity companies.

Aubrey de Grey, an English author and biomedical gerontologist, highlighted that the mindset of crypto and longevity innovators is very much alike, with both being “completely comfortable working in an area that is still very unorthodox and needs to be taken forward.”

Recent: Fractional NFTs and what they mean for investing in real-world assets

Ryan Pyle, founding partner at Maine Investments — a Zug-based company managing digital assets — said that the longevity industry reminds him of what crypto was like in 2013 and that while no one knows precisely where the industry will be in five to 10 years, the potential is very promising:

“So, I see the ecosystem being very exciting, and I think what Maximon is trying to do at this longevity conference is really early stage — like probably two or three years, maybe, too early, which is great. That’s where you want to be, right? You’d rather be too early than too late. A lot of crypto people have invested in this space just because they’re totally accepting of this level of risk.”

Bernegger also shared that because the longevity industry is at such an early stage, it’s currently a highly attractive period for investors to enter and that “similar to Bitcoin back then, it is less about the price but also about the underlying technology and potential.” 

How blockchain can apply to longevity 

On the application of blockchain technology itself, Bernegger is less optimistic, stating, “I think it’s difficult, then, to combine [blockchain] technology with another exciting field like longevity. […] From my side, personally, I think the biggest synergy is less in combining two technologies and really more the money.” On the potential in the investing and funding side of crypto, Bernegger added:

“I personally rather would focus on the funding side and less on the technology side, without neglecting that there are few exciting projects in the DeSci [decentralized science] space which definitely have huge potential. But I think it will take years to really see tangible products solving a real-world problem there.”

Bernegger also mentioned the compliance aspects of both industries, stating that regulators might be a burden to research and adoption not only due to their role to protect end customers but “to another extent also to protect the status quo.”

The longevity industry is still in a very nascent stage and has not seen many blockchain-related use cases yet. Nevertheless, knowing what kind of problems have already been solved with the help of blockchain technology allows some professionals to see potential applications.

Claire Cui, a self-described longevity enthusiast and blockchain adviser, mentioned decentralized data as one potential use case:

“What crypto has figured out is basically [the potential of] blockchain technology to cover some of the issues that people have today, like data privacy, data ownership. So, that’s where people are very curious about. And in health, it’s even more sensitive. Nobody wants to have his DNA in health records leaked somewhere because somebody hacks it.”

Data ownership also allows users to earn from sharing it with companies that use it for scientific research. Thus, regular users become part of the revenue chain.

Recent: Maintaining decentralization: Are custody services a threat to DeFi protocols?

Another application of blockchain in the longevity industry is decentralized autonomous organizations, or DAOs, and decentralized intellectual property. One existing example is a platform called VitaDAO, a DAO for community-governed and decentralized drug development that collectively funds and digitizes research in the form of nonfungible tokens representing IP. Christian Angermayer, founder of Apeiron Investment Group, said:

“I think one interesting part of blockchain technology could be that we sort of make sure that people can collaborate better but then also that literally everybody collaborates and gets a fair share in whatever comes out of it, both reputation-wise and, especially, also financially.”

The longevity industry seems to be an exciting area in which the crypto community can explore investment and use cases, particularly because, by its nature, it is reminiscent of blockchain’s early days. At the same time, many existing areas of blockchain adoption can be applied to the longevity industry to solve some of the problems it’s facing.

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