Leo Magazine - #Week 49

It was another busy week on Leofinance with our renowned writers dishing it the best and ultra-organic finance contents. As always, it's hard to keep up with the pace, I can safely assume that a post is being made every 5 minutes on Leofinance, so, if you missed out on some, it's not your fault. But it would be my fault if I don't keep you up to speed with these developments on the Leofinance community. So, let's quickly go through the busy week again, down the first day.

With the Last 24 Hours

1 - Central Banks Should Be Experts

Imagine visiting a Doctor to make a complaint but your doctor misdiagnosed your condition. That was a similar situation reported in Australia in which, as reported by @beggars, the Reserve Bank of Australia made a wrong financial prediction. You expected that they should have experts and veterans in their ranks, regardless the outcome was disastrous. How bad did it turn out? @Beggars detailed on it in this well crafted piece:

The Ethical Responsibilities of Central Banks

2 - You're Getting Wealth All Wrong

Creating wealth can be elusive. Everyone is on this same road, with only a few getting it right. So, what are you getting wrong? @Aliakbar2 detailed on 5 misconceptions people have about accumulating wealth. Are you on the journey to wealth accumulation? If yes, you may find this helpful:

5 Common Misconceptions About Wealth Accumulation

1 Day Ago

1 - What does the Future Hold?

@Esmeesmith have an answer. According to her, digital assets are the future. Basically, I feel this post is a healthy dose of optimism for the digital future. In the midst of a lot of issues within the digital world fueling pessimism, this post provides a breath of fresh air:

Why Digital Assets are Future

2 - Crypto is Difficult

Is crypto still difficult for you to get a good grasp of? You're not alone. Crypto is just difficult, and @finguru couldn't agree less. Regardless of the endless complexities associated with crypto, there are a few things you can do to get it right. What are they? @Finguru have the answers in this wonderful piece:

Why 'Cryptocurrency' Is Hard To Understand?

2 Days Ago

1 - Your Business is Failing for this Reason

It's hard to run a simple business today. One reason for this is that your business is hardly unique, and even when it is unique, it's still easy to replicate it and even improve on it by someone else. So, what should be the key to distinguish your business from myriads of others? @jacksonizer have an answer:

One of the Reason Why Businesses Don't Grow

2 - Don't be Greedy

The internet remains one of the easiest avenue through which people carryout fraudulent activities. Even with an experience, you're still at risk. Why gain an experience when there's a lot to be learnt from the experience of @newbreed in this interesting piece:

Internet fraud: never be a victim

3 Days Ago

1 - Finding a Place for NFTs

Crypto is difficult, but NFTs came along with a whole new level of ambiguities in the crypto space. For most person's, they are just one useless piece of overpriced arts, but @ijelady thinks differently. She identified several utilities for NFTs, while her points would need some refining, it feels good to try to find some utility for NFTs.

Top Secret of NFTs Discovered

2 - Time for Some Motivation

Success is what we all crave for. Interestingly, it seems you don't need much to be successful. @Vickoly in his wonderful piece tells us about all we need to be successful:

YOU ARE ALL YOU NEED TO BE SUCCESSFUL

4 Days Ago

1 - Talking about Crypto Regulation

In the event of the desolation of one crypto project/organization or the other, conversations surrounding regulation of cryptocurrencies and other related projects usually crops up. But how possible is it to regulate crypto? @Badbitch tells us more:

You simply cannot regulate crypto - but there's a but!

2 - Self-custody - Who's With your Coins

One way to remove power from the hands of centralized agencies and held on to your precious crypto better and safer is to use hardware wallets. With the whole crypto saga, hardware wallets are making the frontiers again. What more do you need to know about them? @Bitcoinflood have the answer:

Crypto Hardware Wallets Are Going Next Level

5 Days Ago

1 - Meta is Suffering

Meta the parent company of Facebook has been suffering downurns lately. It is so severe that if Meta was a person, it would have committed suicide. Yea! It's that serious! Learn more about this on @Ebingo's blog.

Meta fell by 70%, Here is why

2 - FTX Leaving it's Feet in the Sands of Time

The FTX disaster is still being felt. One good thing birthed as a result is the recent interest in Proof of Reserves. However, PoR is currently being published like a post on every other blog, there's no way to confirm these reports. However, @Howzat knows a better way to go about it:

Proof-of-reserves and Merkle Trees

6 Days Ago

1 - Bears vs. Bulls

Naturally, bear runs are usually longer than bull runs. However, some bear runs seems indefinite such as the one we're going through right now. When will it end? What perspective should we have? @Josediccus have some interesting piece of advice:

Crypto: Achieving The Long Game Of Recycling

2 - Bitcoin's Fundamental Issue

While Bitcoin had been touted as one of the most relevant crypto project, especially, as a pioneer crypto project. Still, Bitcoin seems to be plagued with one issue. @Edicted detailed on this:

"Bitcoin can't scale"

7 Days Ago

1 - A Warning

In this era of digital transformation, one unfortunate consequences is misinformation. How widespread is it? And what can be done to stay safe? @piensocrates have wonderful advice for us all:

Beware of Fake News

2 - Become Inflated During an Inflation

Inflation is no news again in our world. However, it is a phenomena that we are yet to figure out the best way to deal with. No need looking further, @shadess have some advice:

Surviving against inflation

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