Image for post
Image for post

First network operating system that uses the internet as a base layer and builds its own secure infrastructure on top

The mood at Microsoft’s headquarters in Redmond, Washington is euphoric.

This video of Bill Gates, Steve Ballmer, and a bunch of nerds dancing awkwardly to the Rolling Stones has become a classic internet meme.

This was the apex of Microsoft.

The gala launch event for Windows 95 that day put operating systems on the map. It turned Microsoft into a household name.

Bill Gates’ address was transmitted live to 43 simultaneous events in cities across the globe — a major technical feat in 1995.

More than 70,000 people watched the live event via satellite.

A giant Windows 95 logo was projected onto the Empire State Building in New York City. …

Image for post
Image for post

Positive step towards cryptocurrency adoption

On June 18, Facebook unveiled the white paper for its new cryptocurrency, Libra. (You can read Libra’s white paper here.)

Image result for libra coin

Overall, I think it’ll be good for the cryptocurrency space. I’ll tell you why in a moment. But first, let’s look at the details…

  • Libra is not governed by Facebook, but instead the Libra Association. It will have 28 members including Facebook and Calibra (the subsidiary Facebook spun off to craft a separating line between Facebook’s data and social network and the operations of Libra).
  • Libra is a permissioned blockchain. Bitcoin, by contrast, is a permission-less blockchain. Meaning, anyone can run a full node. On Libra, you must be a pre-approved partner. …

Image for post
Image for post

When Moon? and When Lambos?

Before I answer that question, I need to talk about bitcoin…

Image for post
Image for post
Me as a Cryptonaut on the moon with my Lambo

We’ve seen bitcoin go as high as $14,000 this year before dropping to $9,738. Despite the pullback, it’s still up 181% year-to-date — making it among the best-performing assets in the world.

Now, I’ve been saying since April 2019 that the “Crypto Winter” bear market is over. Institutions are coming into the crypto space — and the demand for bitcoin is skyrocketing. This is still the year of Wall Street greed.

So I don’t see bitcoin flopping over and falling apart. …


Manu Rastogi (a.k.a. Bit Devta)

Cryptocurrency HODLER, Blockchain BUIDLER. You can find me on the MOON in my green LAMBO.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store