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Bitcoin's Rise and the Future of the Internet

This article discusses the recent rise of Bitcoin, the role of cryptocurrencies in shaping the future of the internet (Web3), the underlying blockchain technology, and the associated challenges and criticisms.

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Ukrainian

United Kingdom

TechnologyArtificial IntelligenceFinanceCryptocurrencyBlockchainInternet

Bbc УкраїнаChainanalysisEtheriumUberSec

Donald TrumpVitalik ButerinChris DixonRalph MerkleGary Gensler

What is Web3 and how does it differ from Web2?: Web3 is a vision for a decentralized internet powered by cryptocurrencies, aiming to address the centralization and data control issues of Web2 by empowering users and communities.
Explain the concept of blockchain technology in simple terms.: Blockchain technology underpins Web3 and cryptocurrencies, providing a secure and transparent way to record and verify transactions without a central authority.
What is Ukraine's role in the global cryptocurrency landscape?: Ukraine is a global leader in cryptocurrency adoption, with a high level of understanding and acceptance of the technology, even at the government level.
What are the main criticisms and concerns regarding cryptocurrencies?: While offering financial freedom and innovation, cryptocurrencies face challenges such as volatility, security risks, environmental concerns, and use in illegal activities, leading to skepticism and regulation.
What are the main reasons behind the recent surge in Bitcoin's price?: Bitcoin's price recently hit a new high, nearing $100,000. This surge is partly attributed to Donald Trump's statements supporting cryptocurrencies and plans to create a national Bitcoin reserve.

Jan 23, 10:08

Musk Challenges Funding of Trump's $500 Billion AI Project

Elon Musk publicly disputed the financial claims of President Trump's newly announced $500 billion AI infrastructure project, Stargate, questioning the funding commitments of SoftBank, OpenAI, and Oracle, while OpenAI CEO Sam Altman denied Musk's claims and stated that the project was underway; shares of Oracle and Microsoft increased following the dispute.

Jan 23, 01:10

Trump Announces $500 Billion Stargate AI Venture

President Trump announced the $500 billion Stargate AI venture, a collaboration between OpenAI, Softbank, and Oracle, aiming to create hundreds of thousands of US jobs and accelerate AI development, primarily in healthcare, with initial data center construction in Texas.

Jan 23, 01:10

Data Infrastructure and Cultural Barriers Hinder Business AI Adoption

Despite significant investment, many businesses struggle with AI adoption due to insufficient data infrastructure and cultural barriers; a survey of 500 U.S. senior business leaders reveals 83% need stronger data infrastructure for faster AI implementation, while two-thirds see a lack of infrastructure as a major obstacle.

Jan 23, 04:13

Four Key Advancements Driving Stronger AI in 2025

Experts at recent AI conferences identify four key areas driving advancements in 2025: physics-aware systems enabling better physical interaction, persistent memory for continuous learning, high-quality training data to prevent inaccuracies, and a multidimensional approach mimicking the human brain's collaborative structure.