Crypto
Readers Write: Habitat, cryptocurrency mining, cashless transactions, customer service, ‘Dilbert’
Opinion editor’s be aware: Star Tribune Opinion publishes letters from readers on-line and in print every day. To contribute, click on right here.
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What a transferring, thorough and completely heart-breaking story you have got instructed within the article “Can they arrive again?” (an installment of the occasional collection “Vanishing North,” Oct. 9) concerning the disappearance of the Poweshiek skipperling butterfly from the Minnesota panorama. How touching the efforts of Cale Nordmeyer and Erik Runquist to care about these tiny creatures and wish to save them.
The methods the human race has altered the Earth so carelessly, as if reducing down forests, paving over prairies, draining wetlands, utilizing dangerous chemical compounds in our air, soil and water, as if this might by no means meet up with us: Nicely, it has.
It has baffled me that conversations about local weather change appear to focus, nevertheless late and nevertheless little, on lowering carbon emissions. And but that is just one a part of the issue. Habitat loss for numerous creatures, reducing down bushes wanted to absorb CO2 and supply shade, all contribute not solely to species extinction but additionally to the warmth island we now name the Twin Cities. But main development websites proceed to eat up habitat, including asphalt and cement by the acre.
This final yr I watched an enormous tract of land in Champlin, the place my grandson and I used to see turkeys and red-tailed hawks, get eaten up by many one-story industrial buildings and their parking tons. Farewell to the turkeys and hawks.
I hope I see a Poweshiek skipperling butterfly sometime. However I attempted to take pleasure in this morning by getting out for my stroll whereas the large full moon was nonetheless within the sky. I like the moon — it is one in all my favourite components of nature. And I like that we won’t smash it. It is already barren.
Karen Jeffords-Brown, St. Paul
CRYPTOCURRENCY MINING
I wish to reply an Oct. 9 letter author’s query of whether or not somebody can clarify why crypto mining with its huge use of electrical energy is an effective factor.
Bitcoin mining represents lower than 0.5% of the world’s electrical energy consumption and secures a worldwide digital community that has by no means been hacked and that now has greater than 100 million customers, lots of whom dwell in international locations with double-digit or triple-digit inflation and the place their private property could also be topic to seizure by authoritarian regimes. It is usually vital to notice that bitcoin mining’s sustainable power utilization is rising yearly. The Bitcoin Mining Council now estimates the power combine is as much as 59.5% renewable. Different analysis ranges from 40% to 75%.
Bitcoin mining is extraordinarily aggressive, and miners can find their rigs anyplace on the planet the place energy is reasonable or stranded: for instance, hydroelectric energy in Iceland, or wind and solar energy in Texas. Miners there’ll purchase extra wind and photo voltaic power when costs are low cost and can flip off their operations throughout excessive demand durations, thus stabilizing and incentivizing the growth of the renewable power electrical grid. Exxon and others are mining bitcoin with methane fuel, a byproduct of oil manufacturing that might usually be vented or flared into the environment.
Bitcoin has been the best-performing asset prior to now decade, it has modified the lives of many underprivileged individuals all through the world and its mining operations present a worthwhile service to the community. Please welcome these miners if they arrive to a city close to you.
Nat Robbins, Minneapolis
CASHLESS TRANSACTIONS
In regards to the Oct. 9 front-page article “Cashing in on going cashless,” each U.S. invoice clearly states: “This be aware is authorized tender for all money owed, private and non-private.” In view of this, I used to be below the impression that each enterprise that held itself out to do enterprise with the general public legally needed to settle for U.S. bucks if provided in fee. Apparently, I’m mistaken! What’s the regulation on this?
In any case, if my cash isn’t adequate for a spot, I am not going to do enterprise there.
Don E. Scheid, Northfield
Opinion editor’s be aware: To “tender” is to supply. Foreign money outlined as “authorized tender” below Part 31 U.S.C. 5103 is a sound and authorized provide of fee. In accordance to the Federal Reserve at tinyurl.com/faqs-tender, “there isn’t any federal statute mandating {that a} personal enterprise, an individual, or a corporation should settle for foreign money or cash as fee for items or providers.” Some states do have legal guidelines requiring companies to just accept money (tinyurl.com/states-cash).
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I learn “Cashing in on going cashless” with some amusement. A few weeks in the past, I used to be operating errands with my 7-year-old grandson. He requested for a few quarters to purchase sweet from a dispenser. I agreed. Later, he requested if I’d purchase him one thing from a close-by retailer. “This time, would you utilize actual cash, Grandpa?” he requested. “I am unsure what you imply,” I replied. “,” he stated, “the cash in your iPhone!”
Vince Therrien, Burnsville
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Do many individuals know that utilizing a card or an app provides as much as 5% to the price? Guess who pays this. For this reason many small busineses give a money low cost. I could also be paranoid, however I do not need my transactions tracked and my knowledge bought. Huge enterprise likes cashless, as most individuals spend extra. If you wish to use a card, achieve this, however do not take away my freedom to make use of money.
David Newville, Coon Rapids
CUSTOMER SERVICE
I’ve a modest proposal for chief executives of Comcast/Xfinity. It is perhaps helpful for senior execs at Xcel, CenturyLink, Verizon and different utility-like organizations. It additionally may apply to senior managers in metropolis, county and state authorities organizations.
Name your customer support line as soon as every week.
I would recommend doing it extra typically, however I notice you might be busy individuals. As soon as every week. Make the decision your self from a private telephone. Have an issue prepared to debate — a typical one or one thing a bit completely different. You may in all probability get ideas out of your current customer support recordsdata (if you will discover them).
You may wish to finances various minutes of your busy schedule — identical to your prospects must do. You might uncover every little thing is hunky-dory and get a heat glow of satisfaction as a result of every little thing is working as you have got deliberate.
For those who’re not happy, even after a number of makes an attempt to resolve your drawback, you possibly can fireplace the proxy firm you have employed to deal with buyer “service.” Or fireplace whoever (finally) solutions the telephone.
Nevertheless it’s a decent job market, and other people at that stage are laborious to switch. In case your name is irritating, why not fireplace your self? The job marketplace for C-level positions is extra sturdy.
Doug Wilhide, Minneapolis
THE COMICS
An Oct. 9 letter author (“Time’s up) seeks to cancel the sketch “Dilbert,” which pillories company, interpersonal and political foolishness of all stripes, as a result of, effectively, her political oxen are additionally being gored. That is an instance of a tragic and recurrent intuition by the left to purge and suppress imagined enemies. The identical individuals who get misty-eyed over the sins of McCarthyism two, happening three, generations in the past are those who’re decided to quash any departure from, even parody of, the brand new left-wing orthodoxy.
In the meantime, “Doonesbury” carries on, with some strips repeating from a long time in the past with none name for “off along with his head” from conservatives. Let hundreds of parodies and satires bloom, is my suggestion. The brand new McCarthyists on the left must be ashamed of themselves, and the Star Tribune should not give in (because it sadly did with the “Mallard Fillmore” strip) to the would-be hecklers’ veto.
Douglas P. Seaton, Edina
Crypto
ZIUM Launches to Revolutionize Instagram and Cryptocurrency Solutions
Zagreb, Croatia–(Newsfile Corp. – January 12, 2025) – ZIUM, a cutting-edge agency founded to tackle some of the most pressing challenges in social media and digital marketing, is now officially open for business. Specializing in Instagram username claims, account unbans, and cryptocurrency marketing, ZIUM has positioned itself as a trusted partner for individuals and businesses seeking innovative solutions in the digital age.
The agency operates at the intersection of technology, social media, and blockchain marketing, empowering clients to unlock their full potential online. With a dedicated team of experts and a results-driven approach, ZIUM is redefining the way people navigate the ever-changing online landscape.
ZIUM
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9586/236268_f6b779d0b42269a0_001full.jpg
A New Era of Digital Problem Solving
ZIUM’s services address real-world challenges in today’s digital ecosystem. Instagram, one of the largest and most influential social platforms, has become a critical tool for personal branding, business promotion, and community engagement. However, issues such as unavailable usernames or unfair account suspensions can hinder growth and cause frustration. ZIUM steps in to provide solutions that are fast, efficient, and tailored to each client’s needs.
Additionally, ZIUM excels in cryptocurrency marketing, offering projects and startups a strategic edge in the fast-paced blockchain industry. By combining deep knowledge of crypto trends with cutting-edge marketing strategies, the agency helps blockchain projects stand out in an increasingly crowded market.
Core Services Offered by ZIUM
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Instagram Username Claims
In the crowded social media space, having the perfect Instagram username can make all the difference. Whether it’s for a brand, influencer, or business, ZIUM specializes in acquiring sought-after usernames to align with clients’ goals and identities. The agency handles the process from start to finish, ensuring a smooth and hassle-free experience. -
Instagram Account Unbans
Account suspensions on Instagram can be devastating, especially for businesses and influencers relying on the platform for engagement and revenue. ZIUM offers expert account recovery services, helping clients navigate Instagram’s policies to regain access to their accounts quickly and effectively. -
Cryptocurrency Marketing
The cryptocurrency space is highly competitive, and visibility is key. ZIUM provides end-to-end marketing strategies tailored to blockchain projects, ensuring they reach the right audience. From brand development to targeted campaigns, ZIUM helps crypto ventures grow and thrive in an ever-evolving market.
Crypto
Donald Trump Embraces Meme Coins—A Presidential First
Donald Trump is making news once more, but this time it’s not for political reasons; it’s about cryptocurrency. As he prepares to return as the 47th President of the United States, Trump will become the first sitting president to own meme currencies, a decision that has stirred both enthusiasm and skepticism in the crypto community.
Trump: A Significant Crypto Portfolio
Recent sources claim that Trump’s crypto wallet consists largely of meme coins and is valued roughly $8 million. Among the assets are $1.5 million in a meme currency with Trump-themed design and $5.5 million in TROG tokens.
In addition, he has about 1.3 billion GUA coins, which amounts to nearly $400,000, and $167,000 in TRUMPIUS tokens. This is a first of its kind, where Trump becomes an oddity in the world of politics and cryptocurrency, considering his earlier reluctance towards digital assets.
DONALD J. TRUMP WILL BE THE FIRST SITTING US PRESIDENT TO HOLD MEMECOINS pic.twitter.com/ODlNXDaKIT
— Arkham (@arkham) January 10, 2025
From Skepticism To Support
Trump’s journey into the crypto world is notable. He had been a strong critic of Bitcoin and other cryptocurrencies, calling them scams. But that all changed in 2024 when he started publicly endorsing Bitcoin and speaking out for the right to own it. That’s a broader trend among politicians, who are increasingly recognizing the potential of cryptocurrencies and their growing popularity among voters.
Trump’s financial success in the digital sphere was also aided by his venture into non-fungible tokens (NFTs) on Ethereum. Trump reportedly made a good living from these endeavors, and he currently owns roughly 496.77 ETH, which is worth about $1.6 million.
Implications For Regulation
Many people are eager to see how Trump’s administration will regulate cryptocurrencies now that he is back in office. A possible change toward a more advantageous regulatory climate for digital assets is hinted at by the nomination of important individuals like David Sacks as “Crypto Czar” and Paul Atkins as SEC chair. This could result in more precise rules for investors and businesses involved in the cryptocurrency industry.
Donald Trump. Image: Ronda Churchill/Reuters
The policies by Trump are already changing market dynamics as everybody is anxiously awaiting them. During this time when Bitcoin hit a record high of $108k, while meme coins surged, analysts still feel that Trump could make the year 2025 a major turning point in cryptocurrencies.
Meme Coin Boom
The rise of Trump-owned meme coins is indicative of a broader cultural shift among younger investors who are fed up with established financial institutions. This combination of the political influence of Trump and the speculative nature of meme coins puts a scenario under which political events could significantly affect cryptocurrency markets. Thus, while the investors go about this, they are not ignorant of the volatility that is usually associated with meme coins.
Featured image from Fortanix, chart from TradingView
Crypto
Scammers steal $2 million in cryptocurrency from remote work seekers in New York, Florida
Scammers stole millions of dollars in cryptocurrency from remote job seekers in an elaborate scheme. New York Attorney General Letitia James has filed a lawsuit to recover over $2 million that she said was stolen from New Yorkers and others nationwide.
Scammers used unsolicited text messages to lure victims with promises of flexible, well-paying remote work opportunities. They claimed the job involved reviewing products online to generate market data. However, victims were told to open cryptocurrency accounts and maintain balances matching the price of products they were reviewing.
While victims believed they would receive their investments plus commissions, the funds were instead transferred into the scammers’ crypto wallets. The fake product reviews took place on a fraudulent website created as part of the scheme.
The lawsuit details seven people who were scammed. One victim, a New Yorker, lost over $100,000 while another victim from Florida lost over $300,000. These cases show the significant financial and emotional impact on the victims.
James’ office, working with Queens District Attorney Melinda Katz and her cryptocurrency unit, traced the stolen funds to specific digital wallets. Over $2 million in cryptocurrency has been frozen, ensuring it can be returned to victims.
“Deceiving individuals seeking remote work is cruel and unacceptable,” said James. “We’re committed to holding scammers accountable and recovering stolen funds.”
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