Wikipedia Founder Criticizes BTC; AI Altcoin Draws Top Whales
Wikipedia Founder Criticizes BTC; AI Altcoin Draws Top Whales – Crypto News Flash
Jimmy Wales, the Wikipedia co-founder, took a shot at Bitcoin (BTC) and its proponents this week on X, poking fun at users who have lost access to their coins because they forgot their passwords or lost their keys.
Wales bragged about never losing any money because he forgot his bank password, stating “Banks work, and Bitcoin doesn’t.” The Bitcoin community was quick to fire back at Wales, pointing out that many people don’t have access to banking services.
While Wales caused a stir on social media, InQubeta (QUBE) continues to show why many analysts have dubbed it one of the top altcoins to buy this year as it raises over $6.8 million in token sales, some of which came from the increased interest from crypto whales. It is one of the most capable new DeFi projects to emerge this year and aims to make investments in artificial intelligence (AI) more accessible. This will give investors who can’t use traditional investment mediums due to income and geographic requirements an alternative way to partner up with AI firms.
InQubeta emerges as one of the top altcoins to buy as 2023 comes to an end
Investors who believed in InQubeta early on have huge smiles on their faces as its presale has earned them 175% returns so far. Investors who missed out can still earn 60% returns if they buy in now.
InQubeta’s focus on artificial intelligence has been one of the factors driving its presale. The AI industry is on course to reshape many industries as the technology improves exponentially. Things many people didn’t expect to become viable in their lifetimes, like self-driving taxis and humanoid robots sorting packages in Amazon warehouses are now a reality.
Industries like transportation, healthcare, and law enforcement are already being transformed by the technology and the party is just getting started. AI investments have grown considerably since 2015 and more than $120 billion is only invested in the technology. To make things better, AI investments are anticipated to exceed $1.5 trillion in the next several years.
InQubeta’s status as the first cryptocurrency crowdfunding project that focuses on AI sets it up for considerable growth in the future and it is already drawing attention from top crypto wales.
Investors have two main ways to earn profits on the InQubeta network:
1. Investing in InQubeta’s DeFi ecosystem
One way investors can earn profits on InQubeta’s investment space is by buying QUBE and holding or staking their holdings. Staking earns investors more QUBE, frequently sent out as rewards.
QUBE is undervalued at its current price of $0.01925, and the project only needs a market cap of $1.5 billion for the price to reach $1. Remember the $1.5 trillion projected to pour into AI by 2030? InQubeta would only need 0.1% of it to reach a $1.5 billion market cap. When that occurs, a $300 investment in QUBE today would be worth over $15,000.
2. Investing in AI startups
InQubeta’s ecosystem allows AI startups to fundraise by selling ERC20 coins that denote investment opportunities. These non-fungible tokens are fractionalized and displayed on the ERC20 token list on the NFT marketplace.
The ecosystem provides investors with the essential data and information they need to make informed investment decisions, and transactions are done with QUBE.
Investors who back the right AI startups position themselves to earn substantial profits, as was the case with those who backed companies like Netflix at the dawn of the internet revolution.
Wikipedia co-founder gets pushback for going after Bitcoin
The Bitcoin community was quick to respond to Wikipedia co-founder Jimmy Wales’ comments about people losing BTC because of lost passwords. While that is an inherent risk with cryptos, investors were quick out how Bitcoin helps the unbanked in countries like El Salvador.
Besides, the new Bitkey wallet addresses the problem by giving users three keys: a mobile app, a hardware storage device, and a password. Users will only need two keys to access their BTC, so users who forget their passwords or lose their hardware don’t lose access to their tokens.
Summary
Analysts are calling QUBE one of the top altcoins to buy and for good reasons. Its link to AI sets it up for tremendous growth in 2024 and some projections have prices rising 100x. More Whale activity is expected.
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