Why is Inflation All over the World the True Reason for the Decline in the Bitcoin Price?

/in /by

StrategyDriven Editorial Perspective Article |Bitcoin|Why is Inflation All over the World the True Reason for the Decline in the Bitcoin Price?When we are talking about the value of something in an economy and all over the world then the main factors which determine the value of something are the demand and supply. Here when the demand rises for something, it also leads to the rise in price for the same. And if the supply increases for something then it eventually results in the decline in the price for the same.

Now the main aspect which we all need to consider here is that when the central bank is going to increase the money supply then it will obviously be going to result in a fall in the actual value of money. So, the exchange value of money will decline, which simply leads to inflation.

About Issuance of Bitcoins:

If we relate the above given demand and supply scenario with bitcoins, then we already know the fact that bitcoins can only be issued upto certain limit that is 21 millions. This means there will be no more bitcoins after it reaches its issue limit of 21 million bitcoins.
Now the supply of 21 million has not been fulfilled yet. So, the more bitcoins can certainly be issued at this point of time. Hence, the more supply can absolutely lead to fall in prices.

But this fact doesn’t prove that the value of bitcoins is going to decline in the near future. Because the value of something can also be determined with the demand and supply of relative goods where the value of one such good usually goes down as it sees the increase in supply of the same. Here the relative goods which we are talking about are the bitcoins and the money currency as well. And the fact of affecting the value of one good with another has been proved in the lockdown situation.

Issuance of Currency in Pandemic:

During the pandemic conditions all over the world, almost every country has issued huge amounts of funds in the form of its currency in its respective economy to meet the requirements of the people. This means the money supply actually increases during the Covid-19 pandemic situation. And the increase in supply eventually decreases the actual value of money that results in inflation.

Further, this overflow of money currency in every economy makes people dependent on it for the purpose of exchange. So, the focus of people during this pandemic shifted towards monetary currency from bitcoins. And the fall in the demand of bitcoins for exchange leads to decline in the price of bitcoins as well. That is why it has been mentioned that the inflation all over the world is the true reason for the declines in the bitcoin price.

StrategyDriven Editorial Perspective Article |Bitcoin|Why is Inflation All over the World the True Reason for the Decline in the Bitcoin Price?Bitcoins: The Hedge Against The Inflation:

Now it has already been proved that the reason for the rise in inflation is generally the increase of money supply in an economy in the long run. Further, Bitcoin is the relative good for money which defines the demand for one good will decrease with the increase in supply of another good which actually has been proved during the pandemic.

But there are many economists who literally ask investors to hold the bitcoins as hedge against the inflation and they are absolutely not so stupid to do that. And this is absolutely because of the limited number of bitcoins that is 21 millions and which cannot be issued more than this value. So, this can be termed as an exception in the theory of relative goods.

This also defines that you can actually start accepting bitcoin in your business. Because the number of bitcoins is going to be limited in future. And when the supply is going to be stopped then demand is certainly going to rise as compared to the available supply of bitcoins in the cryptocurrencies market. This fact clearly defines that the more demand for bitcoins in future will result in higher value of bitcoins which you are going to hold with you in future. Hence, this is the real time when you can actually start accepting bitcoins for your business in exchange for your goods and services.

Conclusion:

From the above discussion, it has been clear that people generally react to the news, facts and rumours as well related to some particular markets which eventually affects and decides the demand and supply level of that commodity whether its financial or not. And this is the same scenario with the money currencies whose value declines with the overflow of funds in a particular economy which creates the situation of inflation. But you still have the choice to deal with this long run inflation by hedging the bitcoins against it. So, start accepting bitcoins now and reap the benefits in future.

How The Real Estate Healthcare Sector Is Changing With The Trends

/in /by

StrategyDriven Editorial Perspective Article |Real Estate Healthcare|How The Real Estate Healthcare Sector Is Changing With The TrendsThe global pandemic has affected almost all the business sectors across the world. Healthcare is also one of them. This brought a reason for every provider to give a thought about the economic terms of their lease or mortgage. Regardless of these challenges, the healthcare real estate market has remained resilient. This is because of the stable occupancy, minimal default rates, and long-term leases.

One of the most positive impacts in this post-covid market is the desire of the landlords to work with tenants and healthcare buyers. Do you know who is one of the most sought prospects for a landlord or seller? The answer is medical providers. Why is this so? Let us take a look!

Change in the healthcare industry Post-covid

The Healthcare industry is booming as far as real estate investments are concerned. Why? Because healthcare offices invest heavily in their spaces. Moreover, they invest for a long time, usually, more than eight years, which is advantageous for both – tenants and landlords. Due to this, landlords offer good concessions, which was not so common before the pandemic. In this way, medical providers get better lease terms.

Stability in the long term and low default rate are the main factors why the commercial real estate market favors healthcare providers. What are the further optimization techniques that you can use in healthcare real estate? Let us find out!

Create space for the services in high demand: Preventive care and healthcare services are never going to lose their charm. A proper physical and virtual space should be provided to them to fulfill the needs of the patients.

Assess your assets – Diagnostic tools and appraisal assets are a must in the medical field. If the tools are not up to the mark with post-pandemic care, you can always outsource them to strategic partners or can sell them.

Risk mitigation – Owned and leased health properties are often subject to certain regulations like STARK, which is Physician Self-Referral Law. As per Medical/Dental Tenant Representation in Washington D.C., a well-trained agent is essential in all real-estate transactions because a right or long lease can have a drastic impact on your business. Hence, take this into consideration while communicating with the leasing team, accounting team, legal department, and property management. Legal departments hold the key importance so that you do not face any costly settlement.

The future of healthcare

The spending in this sector is bound to rise over 2 trillion US dollars in the next ten years. It is estimated that it will reach a projected 19.7% of Gross domestic product in 2026. Keeping all these figures in mind, it becomes vital to deliver safe and effective care as much as possible. And real estate plays a major role in creating a more efficient and accessible health system.

To sum it all up

We do not know when the situation is going to be normal. But as far as this industry is concerned, the trends are reporting an upward growth. And if you are looking forward to investing in this industry, then you are going the right way.

COVID Creates More Opportunities For Work Experience Placements

/in /by

StrategyDriven Editorial Perspective Article |Virtual Work Experience|COVID Creates More Opportunities For Work Experience Placements

In the last year, Speakers for Schools witnessed a huge rise in work placement opportunities within the UK. Overall, there was an increase of 5,890 work experience placements secured compared to the pre-pandemic. Founded by Robert Peston in 2010, the organisation has been matching eager young students with employers across the country to create the best experience possible for all involved.

Most of these new placements were in England, which made up 2,361 of the total secured. However, with all these English placements being offered as virtual work experience, location is now irrelevant.

6,192 nationwide placements were secured over the last 12 months. With the vast majority of these being virtual work experience, young people from across the UK were able to access their dream placements.

Students in Northern Ireland have previously been victims of their location and unable to attend their ideal placements in Britain.  One example, Spotify, based in London, has always been a popular name with younger people and a sought-after palace to attend work experience.

Thanks to virtual work experience, Spotify have increased the number of placements secured by 4,168% compared to last year and are taking on students from all over the UK with remote work experience.

With just under ¼ of young people concerned for their education during the pandemic and the same number of 18-year-olds being unemployed at the end of 2020, virtual work experience is providing rescue to so many young people who have missed out on opportunities during this time.

10% of students from disadvantaged areas had their exam results downgraded in Summer 2020 due to the new scheme of grading results. Many of these students are still in the process of appealing this. However, while they wait for answers, they may have missed out on further education or career opportunities due to this.

100% of placements that were completed with Speakers for Schools during the pandemic were done so by pupils from state schools, many of which were from disadvantaged areas. This provided a connection between these students and the professional world that may have been unachievable previously.

Work experience is nothing new, so why is this newly adapted virtual experience potentially proving more popular than the traditional work experience we all know?

Location Restrictions Removed

It isn’t just those who undertake work experience who lose out if they live in remote areas or aren’t able to access transport. Businesses offering free work experience are limited by location with their applicants. Some may offer expenses and even accommodation if they are travelling great distances, but this isn’t common.

However, this obviously comes at an extra cost and many young people may be put off applying altogether if they are unaware of these benefits offered.

Virtual work experience removes these barriers and allows businesses to access minds across the country, and even the world. While also allowing young learners to have access to some of the best placements available within their interest.

Future-Proofing

Working from home is more common than ever and it looks like this practice is here to stay. Virtual work experience allows young minds to see what it is like to work from home and get used to working with home distractions

This also benefits businesses for future onboarding experience. Even if businesses expect to have new starters in a few days a week at the start, managers and senior staff can learn how to train remotely and understand what needs to be adapted to ensure optimum efficiency.

What’s more, many industries are now looking to hire from any location across the globe, opening up their businesses to the best talent available.

However, there is the obvious worry of onboarding, training, meetings and reviews that are 100% remote. Could this work for a particular business? Will communication between teams be efficient? Free virtual work experience allows businesses to test drive this new approach, without the commitment of actually hiring someone.

Be First In Line

It’s common practice for those undertaking work experience to be offered a role, should they prove themselves a good fit and there is a suitable open position.

This allows businesses to snap up school and university leavers before competitors get to them. It’s a fantastic way to onboard with a sense of ‘try before you buy’ for both the employer and the employee.

We all wish we could trial a new candidate or spend a week or two at a potential new role before taking the plunge, this way everyone gets a candid view.

It’s Free

Some businesses will offer some form of reward to work experience students, such as gift vouchers, free lunches and travel expenses. However, these are not required. Having an eager new worker for a few weeks or months for free is something any business should be elated over and that’s exactly what virtual work experience is.

What’s more, some organisations will find these candidates for you, also for free, meaning there is no cost and very minimal effort. Really, there is no better reason to sign up than this.

So overall, virtual work experience is beneficial for not just students, but employers across the country. This ‘new normal’ is here to stay. While in-person placements will commence once restrictions allow, it is predicted that as much as a third of placements are now going to be virtual permanently.

Speakers for Schools are one of the fortunate organisations that have managed to adapt to the pandemic and thrive with their employers and students. This newly released data reflects one of the few, but crucial, elements that have had a positive impact since the start of the pandemic. Virtual work experience has proved such a success, it is here to stay.

Moore’s Law in Software Abstraction

/in /by

StrategyDriven Editorial Perspective Article |Moore's Law|Moore’s Law in Software AbstractionThe future of computing performance lies in software and hardware parallelism. Simply put, application programs must be expressed by splitting work into numerous computations that execute on separate processors which communicate only from time to time, or better yet never communicate at all.

For much of the last 30-years, programmers have not needed to rewrite their software in order for it to get faster. It was expected that software would run faster on the next generation of hardware as a result of the performance gained by shrinking transistors and squeezing more of them on a piece of silicon. Hence, programmers focused their attention on designing and building new applications that executed accurately on existing hardware but — anticipating the next generation of faster hardware — were often too compute-intensive to be effective. The demand for next-gen hardware has been significantly defined by software pressure.

The sequential-programming model evolved in that system as well. To create more capable software, developers relied heavily on high levels of sequential programming languages and software abstraction — reusing component software and libraries for common tasks.

Moore’s law helped to propel the advancement in sequential-language abstractions since expanding processor speed covered their costs. For example, early sequential computers were programmed in assembly language statements, which have a 1:1 mapping to the computer-executed instructions. In 1957, Backus and his colleagues recognized that assembly-language programming was difficult, so they launched the first implementation of Fortran for the IBM 704 computer. The IBM programmers wrote in Fortran, and then a compiler translated Fortran into the computer’s assembly language. The team made these claims:

  • Programs will contain fewer errors.
  • It will take less time to write a correct program in Fortran.
  • The performance of the program will be comparable to that of assembly language.

These benefits of high-level languages are now generally accepted. As computers increased in speed, modern-day programming languages added an increasing number of abstractions. Modern languages such as Java, F#, PHP, C#, Ruby, Python, and JavaScript provide features such as automatic memory management, object orientation, dynamic typing, and static typing, among others — all of which reduce the programming burden. They do that often at a performance cost, but companies chose these languages to enhance the accuracy and functionality of their software, which they valued more than performance. While the initial transition from hand-coded assembly language came with performance gains, these higher levels of abstraction often result in performance drawback.

Understanding the “memory wall”

With the programming changes that are required to move from single to multi-core processors, software developers are finding it ever more challenging to deal with the growing gap between processor performance and memory system, often referred to as the “memory wall.”

The memory wall reflects a constant shift in the balance between the costs of computational and memory operations and adds to the complexity of achieving high performance. Effective parallel computation requires coordinating computations and data — the system must collocate computations with data and the memory in which it is stored. And while chip processors have achieved great performance gains from technical advancements, main-memory bandwidth, energy accessibility, and latency have scaled at a lower rate for years.

The result is a performance gap between memory performance and processor that has become more and more significant. While on-chip cache memory is used to bridge the gap partially, even a cache with a state-of-the-art algorithm to predict the next operands needed by the processor cannot close that gap effectively. The aggregate rate of computation on a single chip will continue to outpace main-memory capacity and performance improvements. And thus, the advent of chip multiprocessors means that the bandwidth gap will almost certainly continue to widen.

To keep the memory from strictly limiting system power and performance, applications must have locality and the amount of that locality must increase. To boost locality, it is imperative to design software in a manner that will reduce (1) the communication between processors, and (2) data transfer between the memory and processors. In other words, make data travel less and minimize the distance that data needs to travel.

Mind the Gap

With the benefits of Moore’s Law winding down, the burden of increasing application performance should, ideally, be shared by software developers and hardware designers. But emerging new technologies may obfuscate those responsibilities with an interesting hybrid solution. Recent achievements by companies like SimpleMachines have given birth to new software and new hardware that synchronizes to eliminate this gap – all without the original software developer needing to be aware of the underlying transformation that takes place and without the hardware designer ever needing to know what application will be running.

The keys to these new technologies are two breakthroughs: 1) A new compiler design that focuses on understanding application intent rather than instructions and then converts that algorithm into a series of processes that are each optimized to reduce data transfer, and 2) a chip architecture that dynamically changes the computation flow to address the locality issue based on algorithm needs. These breakthroughs offer a radically new way to efficiently solve a problem that would otherwise be extremely time and capital intensive to address and does so in a way that is future-proofed against future enhancements that would otherwise only continue to increase that gap.

About the Author

StrategyDriven Expert Contributor |Dr. Karu Sankaralingam Karu Sankaralingam, PhD, is founder/CEO/CTO of Madison, WI-based SimpleMachines, Inc. (SMI). Dr. Sankaralingam started as professor of Computer Science at UW-Madison in 2007. He has 17 patents and has published 91 papers. Founded in 2017, SMI is an AI-focused semiconductor company. For more information, please visit https://www.simplemachines.ai/.

What are the best cryptocurrency exchanges in the world?

/in /by

StrategyDriven StrategyDriven Editorial Perspective Article |Cryptocurrency|What are the best cryptocurrency exchanges in the world?With the growing popularity of the topic of cryptocurrencies, more exchanges offering transactions using virtual coins appear on the market. Under the pressure of competition, exchanges around the world are constantly developing, improving their platforms to be faster and more user-friendly. What are the best cryptocurrency exchanges in the world? We present three of the most popular platforms.

Binance – many years of experience

The exchange itself was established in 2017, but its founder – Changpeng Zhao – had previously worked in teams related to finance and cryptocurrencies. In 2005, he founded the company Fusion Systems, which created, among others high frequency trading systems for brokers. In 2013, Zhao joined the Blockchain.info team as a member of a group working on a portfolio dedicated to cryptocurrencies. Binance was originally based in China, but after the Chinese government banned cryptocurrency trading, the company moved to Japan. Subsequently, offices in Taiwan and Malta were opened. As early as 2018, Binance was the world’s largest cryptocurrency exchange with a market capitalization of $1.3 billion.

Binance is not only an exchange, but an entire “ecosystem”. The authors offer users, among others Binance Academy, a place where they can find free, quality materials explaining the principles of blockchain and other cryptocurrency concepts. Binance Labs is responsible for coordinating and financing projects based on blockchain technology, and Binance Research is responsible for providing high-quality analysis. The company also has its own decentralized wallet and even official Telegram channels that keep the entire community in touch. However, perhaps its most important distinguishing feature is its own cryptocurrency, Binance Coin, which enables cheaper, commission-free trading with other cryptocurrencies. The stock exchange can be operated via a web browser, a computer program, available for Windows, MacOS and Linux, and via an application for smartphones running on Android and iOS. Such an extensive structure makes Binance the best cryptocurrency exchange in the world.

More information about the Binance exchange can be found in this article: bitcoin-exchange.uk/binance

StrategyDriven StrategyDriven Editorial Perspective Article |Cryptocurrency|What are the best cryptocurrency exchanges in the world?Coinbase – safety and practicality

Coinbase was born in 2012 and its creators are Brian Armstrong and Fred Ehrsam. Initially, the team also included Ben Reeves, the co-founder of Blockchain.info, but after a few months he left the composition of the newly created project. Already in 2014, the platform was used by a million users. Currently, the number of registered and verified users is over 43 million.

As the authors noted, when creating Coinbase, they wanted everyone, regardless of place, to have easy access to cryptocurrencies. The aim was to create an open financial system that would not be under the control of any state, while allowing for quick payments and universal access to financial services. All of this is intended to help level the playing field and lift millions of people out of poverty. The strengths of Coinbase include paying special attention to safety, as well as creating an easy-to-use platform on which both beginners and professionals can operate. It is currently the largest cryptocurrency exchange in the United States in terms of the volume of trading.

BitFlyer – the whole world at your fingertips

was founded in Japan in 2014 by trader Yuzo Kano. At the same time, another Japanese cryptocurrency exchange, Mt. Gox, which handled over 70% of all bitcoin transactions in the world.

“BitFlyer is the easiest and safest way to buy and sell Bitcoin, Ethereum and more,” the authors say about the stock exchange. The company is licensed to operate throughout Europe, the United States and Japan. You can start using the platform with a small amount of just 1 euro. You can top up your account conveniently by bank transfer or via PayPal, you can also purchase with a credit or debit card. There are seven digital currencies available on the exchange, including Bitcoin, Ethereum, and Litecoin.

Summary

In this article, we have presented you only the 3 most popular cryptocurrency exchanges in Europe and for many. Of course, there are many more platforms for trading and exchanging encrypted electronic currencies. You can read more about the best cryptocurrency exchanges in this article.