Gulistan of Saadi
The Morals of Dervishes
Story 45
A kind old man in Baghdad
Gave his daughter to a cobbler.
The cruel little man so bit her
That blood flowed from the daughter’s lips.
Next morning the father saw her thus
And going to the bridegroom asked him:
‘O mean wretch, what teeth are these?
Chewest thou thus her lips? They are not leather.
I do not say these words in jest,
Leave joking off and enjoy her seriously.
If ill humour becomes fixed in a nature
It will not leave it till the time of death.’
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Gulistan of Saadi | The Morals of Dervishes | Story 44
This is the reason why Bitcoin is decentralized
– there’s no single entity, be it a financial institution, company, or
a authorities can management the network or shut it down. It is usually
possible that builders might comply with unanimously enhance the supply to keep up the stability of
the network. In effect, we might build a peer-to-peer (P2P) community that can be liable for
distributing new transactions and getting everybody’s approval!
Decentralized exchanges, or DEXes, are not run and managed by
one single person, firm or group, however as a substitute
the code it’s built on allows for peer-to-peer crypto transactions
with out intermediaries. CashApp, a peer-to-peer payment service owned by
Square Inc., permits users to purchase bitcoin only.
Nifty Gateway, the NFT market owned by crypto exchange Gemini,
allows for the purchase of NFTs utilizing conventional cost methods, such as credit playing cards.
The latter options are extra safe than SMS-based methods, since SMS-primarily based 2FA will be
utilized by hackers during a SIM swap attack.
Microstrategy will soon hold greater than 100,000 bitcoins in its treasury.