As the value of cryptocurrencies continues to climb, the second-highest sale of a Cryptopunk non-fungible token (NFT) has been recorded at million, as per onchain records. This sale significantly exceeds its previous purchase price of .67 million, which was just three years prior. Ethereum Sees Spike in NFT Transactions as ‘Alien Punk’ Cryptopunk #3,100 […]
Bitcoin News
Nobel Laureate Paul Krugman: Alien Invasion Is Inflationary, Government Should Claim Imminent Alien Attack
Nobel Prize-winning economist Paul Krugman believes that an alien invasion would be inflationary, not deflationary. He reiterated that “the government should lie and claim that we were facing an imminent alien invasion.” He added: “If there is intelligent life out there, it’s almost surely thousands or millions of years ahead of us.”
Paul Krugman on Alien Invasions
Nobel laureate Paul Krugman discussed a variety of topics, including alien invasions and the U.S. economy, on Bloomberg’s Odd Lots podcast, published Friday. Krugman won the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel in 2008 for his analysis of trade patterns and location of economic activity.
He was asked: “Do you think there could be life elsewhere in the galaxy?” The economist replied: “I would think that it’s extremely unlikely that there isn’t.” Krugman was also asked: “Would an alien invasion be deflationary or inflationary?” The Nobel laureate replied:
I think that we can say it pretty almost surely would be inflationary.
“Wars almost always are. And uncontested alien invasion, I guess it kind of depends on how they run the occupation,” he opined. “But actual wars are always inflationary. I can’t think of one that wasn’t. They always involve big government spending. Actually, they always involve a collision between large spending and at least temporarily reduced productive capacity.”
Krugman added:
I said that the government should lie and claim that we were facing an imminent alien invasion. And that in order to fight that imminent alien invasion, what we needed was better infrastructure.
“So we should have a big public infrastructure platform because things that people would never agree to simply in order to make people’s lives better, they will agree to in order to fight invasion,” he emphasized.
The economist took to Twitter after appearing on the podcast to clarify his view on alien invasions. “If there is intelligent life out there, it’s almost surely thousands or millions of years ahead of us. Not the kind of beings who’d be interested in invading Earth, let alone beings that Will Smith and Jeff Goldblum could outwit,” Krugman tweeted.
What do you think about Paul Krugman’s statements regarding alien invasions and the U.S. economy? Let us know in the comments section below.
TA- Alien Worlds (TLM) Set For A Major Rally As Market Looks Promising
The price of Alien Worlds (TLM) has struggled to break out of a range recently with few bullish signs against Tether (USDT).
Alien worlds could be set for a major rally after narrowly holding above key support as other crypto assets continue to trend higher.
Alien Worlds (TLM) Price Analysis On The Weekly Chart
Weekly Chart Analysis For TLM Price | Source: TLMUSDT On Tradingview.com
From the chart, the price of TLM saw a weekly low of .02, which bounced from that area and rallied to a price of .0313.
The price has struggled to build more momentum as it faces resistance at .031.
If the price of TLM on the weekly chart continues with this structure, it could quickly revisit .02 acting as a good support area for buy bids.
Weekly resistance for the price of TLM – .0313.
Weekly support for the price of TLM – .02.
Price Analysis Of Alien Worlds On The Daily (1D) Chart
Daily Chart Analysis For TLM Price | Source: TLMUSDT On Tradingview.com
The price of TLM found strong support at .021, with what seems to be an area of interest on the daily chart.
TLM bounced from its support and has rallied as it faces resistance at .032. The price of TLM has continued to range in a channel, breaking out of this channel could send the price of TLM to .04 where it will face a major resistance before trending higher in price.
At the point of writing, the price of TLM is at .032, above the 50 Exponential Moving Average (EMA) which corresponds to .03. TLM holding above the 50 EMA on a high timeframe is good for market recovery and for price to trend higher.
TLM needs to hold above this support area that corresponds with the 50 EMA, a break below this region could send the price of TLM to .022
The Relative Strength Index (RSI) for the price of TLM on the daily chart is above 50, indicating healthy buy bids for TLM.
Daily (1D) resistance for TLM price – .032, 0.04.
Daily (1D) support for TLM price – .022.
Price Analysis OF TLM On The Four-Hourly (4H) Chart
Four-Hourly Chart Analysis For TLM Price | Source: TLMUSDT On Tradingview.com
The price of TLM is having a hard time breaking out the ranging channel, where it faces resistance at .032.
On the low timeframe, the price of TLM has remained strong above the 50 and 200 EMA which corresponds to the prices of .032 and .03 acting as support for TLM prices.
If TLM fails to hold these supports due to a sell-off we could see the price of TLM in the region of .25.
Four-Hourly (4H) resistance for TLM price – .4.
Four-Hourly (4H) support for TLM price – .032, .03.
Featured image from BeInCrypto, Charts from TradingView.com
NewsBTC
Alien Worlds Becomes the World’s Leading Blockchain Game
Blockchain-based games promise many benefits that aren’t available in traditional video games, providing tangible monetary value to gamers and allowing them to earn playing titles they enjoy. Alien Worlds has established itself as one of the preeminent blockchain games on the market, offering its users the ability to access “DAOs in Space” and compete with NFTs and gain rewards.
The combination of fun and making money through Trilium, Alien Worlds’ native currency, has driven users to the game and catapulted Alien Worlds to the number one ranked decentralized game by user base (based on daily active unique wallets). It has become so popular that Alien Worlds is now rated the fifth largest overall decentralized application (dApp) on the market.
Trilium Is Driving the Alien Worlds Ecosystem and Enriching Gamers
Alien Worlds created a new planetary metaverse, tokenizing every aspect. In-game items are represented as non-fungible tokens (NFTs), making them uniquely identifiable from one another, unlike common cryptocurrencies such as BTC or ETH. This method enables users to determine the value of all items through gameplay and financial analysis. When people put in work to obtain an item, they can determine its value through factors such as the cost of obtaining it, the amount of time spent, the level required, and more.
Suppose the gamer decides they no longer want the item or would like to exchange it for something else. In that case, they can take it to the WAX open market, a digital asset exchange that empowers buyers and sellers by providing item exchange capabilities. A player can cash out at any time and earn money from any item.
The heart of the Alien Worlds economy runs on Trilium, the in-game currency. There is an entire layer of commercial activity going on within Alien Worlds, with Trilium serving as the reserve currency through which every transaction flows. There are different ways for users to earn Trillium, such as farming Trillium and NFTs within in-game worlds. Players can do this by participating in mining or fighting battles, owning land in the metaverse, and charging other rental commissions. Individual planets have their own sovereignty, with the option to pay users who stake with them, create new NFTs, or participate in the planetary ecosystem.
A Vibrant In-Game Economy
Not only does Alien Worlds provide its users with hours of entertainment, but it can also prove lucrative. On average, Alien Worlds players are making about per month, a pretty penny for playing games. If a gamer has the right tools, they can make 0 or more a month, which many currently are. At the very top of the spectrum is where players can make some serious earnings, with the top players pulling in about ,000 per month.
Currently hosting over 13,000 players and close to 20 million in-game transactions, Alien Worlds is proving to be one of the most popular new games in the blockchain space. This popularity is reflected in the price of ‘packs’, or baskets of in-game usable collectibles that gamers can purchase to boost their abilities and earning potential. Many NFT and land packs have already seen enormous price increases, with some experiencing five to ten times price growth and higher. These packs distribute items divided into six different rarity categories, with the scarcest items being some of the most valuable. In-game explorers can also earn NFT or land packs by playing, another reason why Alien Worlds has continued to add to its user base.
Alien Worlds is scaling up, with it looking like 20 million in-game transactions is just the tip of the iceberg. Offering more options to users through individual planetary operations, there will be more ways to play with friends and earn within the gaming universe. Blockchain has allowed gamers to capitalize on their hobbies, ushering in a world where people of all skill levels can monetize their hobbies.
Blockstreams Samson Mow Is Launching a Space Alien Gaming Token on Bitcoin
Bitcoin… in space A company led by Blockstream CSO Samson Mow is looking to bridge the worlds of crypto and online gaming.
CryptScout #BitFeed RSS – Bitcoin and Cryptocurrency News 24/7