Stanislav Baranovskyi (barakas)

Stanislav Baranovskyi

Genius, billionaire, playboy, philanthropist

69 Followers

Recent casts

⁉️ What happens behind the scenes when you pay with a card? Let’s uncover how major payment systems like Visa and MasterCard operate. 🌐 Key Participants Customer: Makes the purchase. Merchant: Accepts the payment. Issuer: The customer’s bank that issued the card. Acquirer: The merchant’s bank processing the payment. ♻️ Payment Process 1️⃣ Payment Initiation: The customer uses their card, and the merchant sends a payment request to the acquirer. 2️⃣ Authorization: The acquirer forwards the request to the issuer via the payment network. The issuer verifies funds and approves or declines the transaction, sending the result back. 3️⃣ Clearing and Settlement: Banks reconcile transactions to calculate net sums, followed by the actual fund transfer, which may take several days. https://t.me/barakas_fi/44

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https://wallet.coinbase.com/nft/mint/eip155:8453:erc721:0xbFa3fF9dcdB811037Bbec89f89E2751114ECD299?challengeId=3WE9nylUC2bMHz9c6hxFnL

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https://wallet.coinbase.com/nft/mint/stix?challengeId=ocsChallenge_bd5208b5-ff1e-4f5b-8522-c4d4ebb795b7

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Top casts

It is evident that cryptocurrency adoption is gaining momentum worldwide. In regions like Latin America and Southeast Asia, high inflation and economic instability are driving people to turn to cryptocurrencies to protect their savings. Countries with high levels of internet users and tech-savvy populations, such as 🇸🇬Singapore and 🇰🇷South Korea, are leaders in the adoption of digital currencies. Clear and favorable regulations make it easier for both individuals and institutions to invest in cryptocurrencies. Additionally, cryptocurrencies provide financial services to the unbanked populations in many developing countries, offering a necessary alternative. ❓ Which crypto do you have (Bitcoin, stablecoins, altcoins) and for how long? ✅ Subscribe for my new channel about economic, financial and crypto world. https://t.me/barakas_fi

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Growing income-housing gap in the USA is crazy! In 1984, homes were 3.5 times the median income. Now, they're nearly 6 times! The income-housing gap is a significant issue, affecting many European countries as well. For instance, in 2023, the price-to-income ratio is 8.3 in the UK, 10.7 in Germany, and 11.8 in France.

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Onchain profile

Ethereum addresses