Cryptocurrency Q&A
Why is 420 suspicious?
Why is 420 suspicious?
ZenBalanced
Sat Sep 28 2024
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5 answers
1340
Could you elaborate on why the number 420 is considered suspicious in the context of cryptocurrency and finance? Is there a specific association with fraudulent activities or is it merely a popular misconception? Are there any known cases where the number 420 has been used as a code or signal for illegal transactions? Understanding the reasoning behind this suspicion would be insightful for those navigating the complex world of digital currencies.
5 answers
ethan_thompson_journalist
Mon Sep 30 2024
One theory suggests that the date might have originated from a police code related to marijuana possession, lending it a countercultural allure that resonates with the decentralized and libertarian ideals of the crypto community.
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Tommaso
Mon Sep 30 2024
The significance of 4/20 in the context of cryptocurrency and finance remains shrouded in mystery. Its origins, much like the term "420" itself, have been the subject of various interpretations and speculations.
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CryptoTrader
Sun Sep 29 2024
Another explanation posits that the number 420 stems from a mathematical calculation within Bob Dylan's iconic song "Rainy Day Women No. 12 & 35," where the lyrics "Everybody must get stoned" and the product of 12 times 35 coincidentally align with the numerical sequence.
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SeoulSoul
Sun Sep 29 2024
Amidst this backdrop, the cryptocurrency exchange BTCC stands as a prominent player in the industry, offering a range of services that cater to the diverse needs of traders and investors.
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DondaejiDelightfulCharmingSmileJoy
Sun Sep 29 2024
BTCC's comprehensive suite of services includes spot trading, which allows users to buy and sell cryptocurrencies at current market prices, as well as futures trading, providing opportunities for speculating on future price movements. Additionally, the exchange offers a secure wallet solution for storing digital assets.
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