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The majority of cryptocurrencies today are derived in some form or another from Bitcoin, which uses open-source code and a censorship-resistant architecture. This means that anybody can copy and tweak the code and create their own new coin. It also means that anybody is free to join its network or transact in it.bitcoin group link for whatsappWhat are some other important cryptocurrencies?

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Aside from the ten listed above, several other cryptocurrencies have gained importance or hold the promise to do so. Dogecoin, for instance, a meme-based joke coin reached fame when Tesla CEO Elon Musk promoted the token on social media. Other bitcoin forks also exist such as Bitcoin Gold and Bitcoin SV. Other important coins include Ripple (XRP), Solana, USD Coin, and Tezos.Why is Bitcoin still the most important cryptocurrency?Despite thousands of competitors that have sprung up, Bitcoin - the original cryptocurrency - remains the dominant player in terms of usage and economic value. Each coin is worth roughly $50,000 as of September 2021, with a market cap of nearly $1 trillion.How exactly to categorize Bitcoin is a matter of controversy. Is it a type of currency, a store of value, a payment network, or an asset class?Fortunately, it's easier to define what Bitcoin actually is. It's software. Don't be fooled by stock images of shiny coins emblazoned with modified Thai baht symbols. Bitcoin is a purely digital phenomenon, a set of protocols and processes.

It is also the most successful of hundreds of attempts to create virtual money through the use of cryptography, the science of making and breaking codes. Bitcoin has inspired hundreds of imitators, but it remains the largest cryptocurrency by market capitalization, a distinction it has held throughout its decade-plus history.(A general note: According to the Bitcoin Foundation, the word "Bitcoin" is capitalized when it refers to the cryptocurrency as an entity, and it is given as "bitcoin" when it refers to a quantity of the currency or the units themselves. Bitcoin is also abbreviated as BTC. Throughout this article, we will alternate between these usages.)Customers will still continue to receive gas or electricity even if the energy supplier goes bust. Ofgem will move your account to a new supplier, but it may take a few weeks. Your new supplier should then contact you to explain what is happening with your account

While you wait to hear from your new supplier: check your current balance and - if possible - download any bills; take a photo of your meter readingIf you pay by direct debit, there is no need to cancel it straight away, Citizens Advice says. Wait until your new account is set up before you cancel itIf you are in credit, your money is protected and you'll be paid back. If you were in debt to the old supplier, you'll still have to pay the money back to your new supplier insteadOn Monday, Mr Kwarteng dismissed fears of energy shortages, saying: "There is absolutely no question of the lights going out or people being unable to heat their homes."

However, the price cap means firms are unable to pass on higher wholesale costs, which is forcing some - mostly smaller companies - to go out of business.The boss of one small firm, Utilita, told the BBC that it was not taking on any new customers because it could not afford to buy enough extra gas to supply them.

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Utilita chief executive Bill Bullen said that for every 1,000 new customers the firm attracted, it would have to take on £250,000 in additional costs per week.He said the government would end up spending billions of pounds on the crisis.This money "would have been better spent on getting customers to reduce their energy consumption", he added.If an energy firm collapses, customers are automatically switched to a tariff provided by the new supplier. This is a tariff agreed with the regulator Ofgem, but it may well be more expensive than the deal they had with the former company which went bust.

What is the energy price cap?The energy cap is the maximum price suppliers in England, Wales and Scotland can charge customers on a standard - or default - tariffOfgem sets the cap level for summer and winter based on the underlying costs to supply energyEnergy bills are already due to rise by an average of £139 a year in October, but the price cap restricts further price hikes over winter

The current price cap is £1,138 a year for standard tariffs, but will rise to £1,277 in OctoberPresentational grey line

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The cost of the wholesale price surge is partly being covered by a 12% rise in the energy price cap next month - the maximum price suppliers are allowed to charge customers on a standard tariff.The energy price cap was introduced in January 2019 and is reviewed twice a year.

It applies only to standard variable or default tariffs. These types of tariff are typically the most expensive plan that a supplier offers.When fixed energy deals expire, as they generally do after one or two years, customers are likely to be put on these tariffs.So far, four energy firms have gone to the wall, including People's Energy and Utility Point, and four more are expected to follow in the coming days.Industry sources fear there may be as few as 10 energy suppliers left by the end of the year, down from 70 in January.Opposition politicians have expressed concern, with Labour's shadow economic secretary to the Treasury, Pat McFadden, describing the problems as a crisis that "should have been foreseen".Liberal Democrat leader Ed Davey, a former energy secretary, has said it is proof that the UK government's energy policy has been "lamentable".

And speaking on BBC Two's Newsnight programme on Monday, the former Brexit Secretary, David Davis, warned there was a risk of a "cost of living crisis" for new Tory voters such as "the plumber, the bricklayer, the lorry driver".He said his advice to Chancellor Rishi Sunak would be: "You think hard about the ordinary family's take-home pay and what they have to buy with it, because that will be a dictator of how people feel going in to the new year."

Stacey Stothard followed all the advice. Aware that energy prices were rising, she shopped around to find a decent fixed deal for her gas and electricity.She saved £300 - or so she thought.

Her new energy supplier went bust and now she will be switched automatically to another one, and she is facing much higher bills, potentially amounting to hundreds of pounds more a year."It is just like watching the meter go up and up," she says. "I did the right thing - not going for the cheapest deal, but choosing a company with a decent customer service record."

Asian stocks were mixed on Tuesday as concerns persisted over Chinese property group Evergrande and its impact on the global markets.Japan's Nikkei 225 index closed 2.2% lower, but Hong Kong's Hang Seng index regained earlier losses to end up 0.5%.There are concerns that Evergrande - a major Chinese property developer - is struggling to meet interest payments on more than $300bn of debts.Regulators have warned it could affect the country's financial system.

Investors fear that this could hit big banks exposed to Evergrande and companies like it, causing contagion in global markets.The jitters among the markets also come as the global economy is still recovering from the impact of the coronavirus.

On Monday, the Dow Jones index in the US ended 1.8% lower. That followed similar falls in Europe, with Germany's Dax index losing 2.3%, and the Cac 40 in France down 1.7%.Major stock exchanges in mainland China were closed on Monday and Tuesday for the annual mid-Autumn festival.

Despite the recent falls, Japan's Nikkei is up by almost 30% compared to a year ago."The fear of an Evergrande bankruptcy appears to be leading to concern about China's very own Lehman [Brothers] moment, and a big overspill across the region," said Michael Hewson of CMC Markets.

Investors are also nervous that the US Federal Reserve, which meets on Tuesday and Wednesday, will confirm plans to cut back support for the US economy this year.Global stocks have rallied as economies reopen and central banks have provided trillions of dollars in support to boost growth.But there are concerns of a decline if support is taken away at a time when the Delta variant of coronavirus continues to drag on recovery.Strategists at Morgan Stanley said they expected a 10% correction in America's S&P 500 index as the Fed starts to unwind its support.

They added that signs of a stalling recovery could deepen that slide to 20%.However, other analysts played down fears of a rout, noting that September is typically a bad months for stocks.

"Overall, September continues to live up to its bad reputation as historically the weakest month of the year. But that doesn't mean it can't rebound," said JJ Kinahan, chief market strategist at TD Ameritrade.And Lindsey Bell of Ally Invest said any pullback may be short-lived.

"Much of investing is about sorting through what's signal and what's noise," she said. "While there is concern about the Evergrande situation infecting global markets, for the long-term investor, this situation may just be noise."Douyin, China’s version of TikTok, will limit use of the platform for children to 40 minutes a day.

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Perspectives of a 2x entrepreneur turned VC at @UpfrontVC#

Mark Suster

Written by

2x entrepreneur. Sold both companies (last to salesforce.com). Turned VC looking to invest in passionate entrepreneurs 〞 I*m on Twitter at @msuster

Both Sides of the Table

Perspectives of a 2x entrepreneur turned VC at @UpfrontVC, the largest and most active early-stage fund in Southern California. Snapchat: msuster

Mark Suster

Written by

2x entrepreneur. Sold both companies (last to salesforce.com). Turned VC looking to invest in passionate entrepreneurs 〞 I*m on Twitter at @msuster

Both Sides of the Table

Perspectives of a 2x entrepreneur turned VC at @UpfrontVC, the largest and most active early-stage fund in Southern California. Snapchat: msuster