𝐎𝐅𝐂 𝐋𝐈𝐌𝐄𝐑𝐄𝐍𝐂𝐄 𝐆𝐑𝐎𝐔𝐏

𝐎𝐅𝐂 𝐋𝐈𝐌𝐄𝐑𝐄𝐍𝐂𝐄 𝐆𝐑𝐎𝐔𝐏

𝐎𝐅𝐂 𝐋𝐈𝐌𝐄𝐑𝐄𝐍𝐂𝐄 𝐆𝐑𝐎𝐔𝐏 Telegram | DID YOU KNOW?

Since its launch in 2013, Telegram has grown from a simple messaging app to a broadcast network. Its user base isn’t as vast as WhatsApp’s, and its broadcast platform is a fraction the size of Twitter, but it’s nonetheless showing its use. While Telegram has been embroiled in controversy for much of its life, it has become a vital source of communication during the invasion of Ukraine. But, if all of this is new to you, let us explain, dear friends, what on Earth a Telegram is meant to be, and why you should, or should not, need to care. On Telegram’s website, it says that Pavel Durov “supports Telegram financially and ideologically while Nikolai (Duvov)’s input is technological.” Currently, the Telegram team is based in Dubai, having moved around from Berlin, London and Singapore after departing Russia. Meanwhile, the company which owns Telegram is registered in the British Virgin Islands. At the start of 2018, the company attempted to launch an Initial Coin Offering (ICO) which would enable it to enable payments (and earn the cash that comes from doing so). The initial signals were promising, especially given Telegram’s user base is already fairly crypto-savvy. It raised an initial tranche of cash – worth more than a billion dollars – to help develop the coin before opening sales to the public. Unfortunately, third-party sales of coins bought in those initial fundraising rounds raised the ire of the SEC, which brought the hammer down on the whole operation. In 2020, officials ordered Telegram to pay a fine of $18.5 million and hand back much of the cash that it had raised. For example, WhatsApp restricted the number of times a user could forward something, and developed automated systems that detect and flag objectionable content. Markets continued to grapple with the economic and corporate earnings implications relating to the Russia-Ukraine conflict. “We have a ton of uncertainty right now,” said Stephanie Link, chief investment strategist and portfolio manager at Hightower Advisors. “We’re dealing with a war, we’re dealing with inflation. We don’t know what it means to earnings.”
𝐎𝐅𝐂 𝐋𝐈𝐌𝐄𝐑𝐄𝐍𝐂𝐄 𝐆𝐑𝐎𝐔𝐏 from ru

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