and now we have a special segment for you, which is called Q. That's my crypto queries where a York crypto queries actually go to our experts and the answer Action away simple and sweet way We have two very special guest weather asked. We have Ross nag. Paul Chief locked an architect. Hybrid Finance. Boxing. That's high fire. Malik O'Dea co founder and chairman Finn Emission Labs, Singapore. Thanks for joining us will begin with this question. How can one be sure that they are not had? RoHaas, This question is for you. So basically, I think what this user is trying to understand is how to be secure. Of course, Blockchain is absolutely secure for how to secure, you know, the platform that one is on. So while the Blockchain has a very high level of security, US and end users are not really running the Blockchain note. But you are running. You're holding your own crypto assets in a warning. So if you're going to be using software or hardware Violet's, then you need to make sure that your computer is also safe because if someone manages to hack into your laptop, they could easily get into all your absentia running on, so there are certain standard protection that we follow. You know, don't randomly click on email links if you don't trust that, particularly, do not download random so office from the Internet and National Shore who has created it. And it's a trusted side. Be very careful of the APS because there are so many fake APs that are being used today on the play store and Apple store were. Once you download that, it is actually able to steal all your so be very, very careful about which absolute out. So if you follow these basic precautions, I would say 99% would be safe. Having said that, there is never 100% security any question of for Malika, where has anchor protocol gone as this is really connected to the whole collapse of era and then Luna that we saw over the past couple of months? Essentially, anchor is part of the same ecosystem. There are multiple variables and reasons for this one is a post the whole collapse of Luna and what happened with era and how Luna was end of rebranded as two point over and introduced in the market The other thing is that it was offering an unsustainably high interest rate of 20% which is not how the designers intended it to be. It was supposed to be in the range of 4%. Now my simple point is take off analgesia simple analogy so that he can understand it. Let's say you invest in in stock and and everybody sing. The stock is bored and 20% dividend. So let's say you invest in it to get attracted, but it loses 70 or 75% of its value and it exhaust it's Treasury holding. Will you buy it, or will you hold it or will you stay away from it? I mean, it's the same absolute common sensical logic. I think people just got carried away with Momo and and try to that. Now The company is employed in so many legal and regulatory issues that every second every are reading about some inquiry or some case against the founder. No points of I mean, I would clearly said this was unsustainable from the beginning. And perhaps, you know, investor should have done there due diligence when an advance Okay, users question for RoHaas, a Ethereum is failing continuously. Any idea When will it bounced back? So I would say the success of Ethereum depends now to a great deal on the merge, which is going to happen. So what the merge is going to do is current. What is running in the Kastner, called the Beacon chain, where it is now, would merge with the mainland and interim will then become faster and cheaper. But the problem is that this has been getting delayed for a very long time, so people are also becoming very impression. They are hoping that it will happen in the next humans. If that happens, I think it's a dream. Could make a good come back. If it doesn't happen, we can expect another measure, Right? Ass enquiries. Question for Malek. If it trade through a minor, can he give us double in 45 hours? Well, I just, you know, sound like a broken record, but I received what I have been repeating on your show at least a way. There are no quick bucks to be made any 16 where it treats too good to be too through. It is most likely to go to me. True so just stay away from these things and, you know, use common sense. Next question. Also linked to mining, Hafiz asked. Is mining legal in India? Ross. Our year? That's a very good question. So we have to realise that mostly when we look at the law, the law tells, is what is brought along. The law doesn't tell us what is an out. For example, I'm wearing a black T shirt, but there is no love, it says in India I can wear because there is no no stopping it, which, and say black T shirts are similarly. There is no law in India, which is mining automatically means you can do it and you will not get into trouble as like the black T shirt energy here. Last question from them. How bad is Crip to mining for environment? Malik, your attic short. So I think it's common knowledge by now that proof of work is definitely harmful for the environment and and substantially Hampel for the environment. There have been many studies done. I'll just quote one done by the Columbia Climate School and and this is just limited. Bitcoin Bitcoin uses almost 150 terawatt hour year, which is a few 100 located in context. It's more than the energy consumption of a country like Argentina and carbon emission. Carbon dioxide emission is 65 megatons, which is comparable to how much grease Hamid's. So you know, it's definitely very, very bad for the environment. There have been some attempts to develop or or of our mining through green energy sources moderating. It's still early days and infancy. One thing, as RoHaas alluded to is the move from proof of work to proof of state that could be extremely helpful. And we have seen that in the case of Ethereum is well, whenever was merged those life we will have, what, 90 or 99% energy consumption properties? That's what experts
