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Why fiat has high demand than crypto but has low price to crypto?

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Have you ever thought thats why the fiat currencies has highest demand than cryptocurrencies but cryptocurrencies seems to have highest price than fiat? Here is the only reason, crypto has limited supply so it must have high price depending on supply and demand, but fiat currencies has no limited supply they are just maded day by day, this is my views, what's are your thoughts on that?

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I think is because of the regularization and popularity, Fiat currency regulated by government and it is recognized around the world without restriction. About the cryptocurrency is depend about demand and supply traders. Is not recognized as an official currency around the world, include in some countries prohibit it and with sanction to trade cryptocurrency. This is my opinion!:classic_smile:

:classic_rolleyes::point_down::point_down:

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4 hours ago, guatazoo said:

Have you ever thought thats why the fiat currencies has highest demand than cryptocurrencies but cryptocurrencies seems to have highest price than fiat? 

@guatazoo Fiat has highest demand in the market because they are regulated by government and in most places fiat is must to have for payments. And which Crypto you are particularly talking about the high price? If Bitcoin  then it's because Btc is peer to peer and people are deciding the price that Bitcoin deserves in specific market.There are many Crypto currency with low price but are good project. So not all Crypto has high price.

And Talking about supply, fiat is controlled by Central authority so they have unlimited supply. 

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The demand of fiat is due to the centralization and its offline presence. Its prices are very low as compared to crypto because there circulating supplies are in billions or trillions as compared to millions of crypto.

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22 hours ago, guatazoo said:

Have you ever thought thats why the fiat currencies has highest demand than cryptocurrencies but cryptocurrencies seems to have highest price than fiat? Here is the only reason, crypto has limited supply so it must have high price depending on supply and demand, but fiat currencies has no limited supply they are just maded day by day, this is my views, what's are your thoughts on that?

yea this is the hard truth that financial experts would not admit, because everyone have been relying so much on cash money they find it hard to accept crypto as a better alternative.

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5 hours ago, duncun007 said:

yea this is the hard truth that financial experts would not admit, because everyone have been relying so much on cash money they find it hard to accept crypto as a better alternative.

You are right @duncun007 .I think as the popularity of the cryptocurrencies have been increasing day by day all the people and countries against crypto have to accept it.The have to admit and accept the fast transaction speed of cryptocurrencies. Crypto transactions can be more safer then fiat currencies .So i think that they will have to  accept cryptocurrencies.


                                   

 

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It is due to the nature of the currencies from my own point of view because fiat is controlled by government which is why demand of it is high all over the universe but crypto demand is low due to the fact that it decentralized nature and many people are afraid of using it since no one will compensate them if they use it in th wrong way but both of them are good for accomplishing transactions.

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That is because crypto does not have too big of a demand, but there are coins that are not higher to price than crypto and that is because they might have too big of a supply.

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They are both good currencies but we have to remember that fiat has been been in existence for centuries now which is why it is not popular than Cryptocurrency and more demanding since it is generally acceptable worldwide but Cryptocurrency is not acceptable worldwide, Cryptocurrency has limited supply which make it depends on the demand and supply in the market and it is the main reason why crypto is more expensive than fiat.

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On 11/13/2020 at 9:54 AM, guatazoo said:

Have you ever thought thats why the fiat currencies has highest demand than cryptocurrencies but cryptocurrencies seems to have highest price than fiat? Here is the only reason, crypto has limited supply so it must have high price depending on supply and demand, but fiat currencies has no limited supply they are just maded day by day, this is my views, what's are your thoughts on that?

Fiats is the earlier traditional finance system. Although BTC and other cryptocurrency adoption and usages have been on the rise recently, they are still much far away from totally accepted by the general public due to its unregulation and more volatility. As time goes on there might be some balance.

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18 hours ago, Raqeebzy said:

As time goes on there might be some balance.

Yes my friend i also believe in that because Cryptocurrency is showing good improvement in terms of getting more popularity around the world and there will balance in the future just the way you said Cryptocurrency will also higher demand just like fiat and by that things will be easy for us all.

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The price of fiat is low because of its competition with other fiat currencies all around world. They have higher circulating supply as well. Their demand is actually because of its awareness. 

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2 hours ago, Oxygen99 said:

Yes my friend i also believe in that because Cryptocurrency is showing good improvement in terms of getting more popularity around the world and there will balance in the future just the way you said Cryptocurrency will also higher demand just like fiat and by that things will be easy for us all.

It will be hard of a competition. Cryptocurrency is decentralised and totally unregulated. 

Fiats is totally opposite on the other end and when things go bad a little, some set of governmental people take some steps to revive it. It is like an orphan and a son with father's love and support. It will be difficult.

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4 hours ago, Oxygen99 said:

Yes my friend i also believe in that because Cryptocurrency is showing good improvement in terms of getting more popularity around the world and there will balance in the future just the way you said Cryptocurrency will also higher demand just like fiat and by that things will be easy for us all.

You are right crypto has attracted a lot of people n these recent years.But fiat currency is more powerful than cryptocurrency.The reason is that fiat currencies are controlled by governments but cryptocurrencies are not controlled by anyone.So many people don't consider it as trusted.If government accepts Cryptocurrencies then they will become more powerful than fiat.


                                   

 

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Fiat currencies demand is not as high as crypto currency demand especially BTC, and the fact that private investors prefer to invest in crypto makes the latter more demanding than ever. 

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13 minutes ago, Flying11Horse said:

If government accepts Cryptocurrencies then they will become more powerful than fiat.

@Flying11Horse If the government accepts crypto and controls it then crypto will no longer be decentralized. But government will never support or accept crypto because it is not trackable and people can use it for money laundering etc. So because of this and many other drawbacks the government won't accept crypto.


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This is because of the nature of the market ! the volatility is the nature of the cryptocurrencies market.. and the prices of bitcoin and most of cryptocurrencies determined by the demand and supply.. but in other markets "which support fiat money" there are many factors to make the prices almost stable because if there are big changes between the prices so there would be an economic disaster! 

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16 hours ago, Flying11Horse said:

trusted.If government accepts Cryptocurrencies then they will become more powerful than fiat.

I believe that will happen in the future because some countries have already legalize the use of Cryptocurrency to there citizens and since crypto is getting adopted gradually we shall be more opportunities in the future especially when it dominate the world.

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18 hours ago, Frodler said:

Fiat currencies demand is not as high as crypto currency demand especially BTC, and the fact that private investors prefer to invest in crypto makes the latter more demanding than ever. 

Remember that fiat is used generally acceptable worldwide which is why the demand is more higher than that of Cryptocurrency since the use of Cryptocurrency is not everywhere,  the demand of Cryptocurrency is gradually increasing but not the way fiat demand is all over the world because fiat has been existing for many years.

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3 hours ago, Oxygen99 said:

I believe that will happen in the future

It is not an easy thing @Oxygen99.Many countries have considered Crypto a threat to their local currencies,which is true.But it can be controlled if the governments has some knowledge about crypto.They are unaware of the fact that cryptocurrencies can lift the economy of that country from level 1 to 100.If governments properly utilize this crypto then it will be profitable for both.


                                   

 

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No doubt, Fiat currency has high demand compare to crypto and the reason is that Fiat currency is much popular than crypto currency and a typical lay man person know nothing about crypto currency but knows how to earn and spend a Fiat currency untill of recent that crypto currency was known and adopted by few people.

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On 11/14/2020 at 5:14 PM, Teminali69 said:

That is because crypto does not have too big of a demand, but there are coins that are not higher to price than crypto and that is because they might have too big of a supply.

Fiat currencies are mostly high demand than cryptocurrenciues but not all fiat has demands in the world, there have currencies thats have demand inthe world such as USD, EUR, JPY and GBP etc.

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One of the reasons why the price is high for crypto compared to Fiat currency is because of the attributed value of Fiat currency which also has the full support and control by the government, Fiat currency is what everyone can't do without every day, we get to handle and spend it every seconds, it can be seen everywhere, everybody gets to have it compulsorily unlike cryptocurrencies that can be touched because of its digital value. 

while Crypto has an intrinsic value beyond the trust of its community and cryptocurrencies doesn't work with the system of debt. Cryptocurrency is so revolutionary and it has created a new form of trust for the future monetary system globally. 

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It is basically because of what you mention, In the same way one of the rules of the free market is that the price that is given to a product is the one that the consumer is willing to pay for it.

 

Another reason is clearly the limited amount that can be of both currencies, for example bitcoin is limited to only 25 million, while for example currencies such as the dollar increase or decrease their capitalization according to the interests of the federal reserve and the chamber of commerce of the United States 

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The Fiat currency has a demand in the market because it is regulated by the government, cryptocurrencies have a limited supply, they are more expensive than Fiat and give many profits.

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    • We Unchain Real-World Assets Onchain Empowering Investors with Real-World Assets & Real Yield TVVIN is an accessible ecosystem that empowers investors in the Real-World Asset (RWA) Market. Through our omni-chain Platform, investors gain transparency and trust when investing into diverse assets starting with gold, silver, platinum and palladium and thereafter expanding into other asset classes. The TVVIN Platform offers access to tokenised assets in unit sizes that are affordable and made available to anyone, anywhere, democratising accessibility and providing easily tradable and liquid positions, that are instantly settled and securely recorded on-chain.  TVVIN has developed a unique model whereby digital RWA Yield Vaults offer new financial passive income potential that's able to provide advanced ways investors monetise their static assets.  The TVVIN Platform enables a more stable and secure option for market participants seeking stability, while enjoying growth opportunity simultaneously. Own Real-World Assets & Earn Real Yield TVVIN’s RWA Yield Vaults allow holders to digitally vault their RWA tokens, such as gold, for a specified period and earn yield. In order to vault RWA tokens, a corresponding and required amount of TVVIN's utility token, $TVVIX must also be vaulted. Upon withdrawal of the RWA tokens from the vault, this corresponding amount of $TVVIX will also be released, along with a yield paid in $TVVIX which can, if wanted, be exchanged into more RWA tokens. The yield is generated from putting the underlying assets to work using low risk financial instruments.  Legacy Meets Liquidity TVVIN introduces TVVIN Gold ($VVG) as its inaugural RWA-backed token. The gold is investor-grade, LBMA-Certified, and securely vaulted in the highly desirable Channel Islands jurisdiction in the vaults of our financially regulated and audited precious metal partner. TVVIN also has access to other precious metals such as silver, platinum, and palladium, which will be tokenised in quick succession after launching our gold token. Other asset classes will follow, and $TVVIX token holders will have a unique opportunity to both propose and vote on onboarding new tokenisation projects through the TVVIN DAO. By integrating desired assets and creating a digital twin of these on the blockchain, TVVIN establishes a transparent and efficient environment for trading and investing in RWAs. ROADMAP TOKENOMICS The TVVIN utility token, $TVVIX, is a deflationary token that both enables the RWA Yield Vault Functionality and allow for governance participation, mainly in proposing and voting on new tokenisation projects. Part of all Platform transaction fees are used to buy $TVVIX off the market, where it is burnt, contributing to the deflationary aspect of our token design. TOKEN UTILITY Functionality of $TVVIX Leverage TVVIX tokens give access to our vaults, where holders can deposit and farm their RWA tokens for yield. The $TVVIX requirement corresponds to deposit size. As demand for RWAs rise, so does demand for TVVIX. As we further develop the platform, further planned functionality will be announced. Governance TVVIX token holders have decision making power, proposing and voting on changes to the TVVIN platform as well as funding initiatives for community projects and further RWA-backed tokenisations.  Staking Holders can stake their TVVIX tokens, contributing to network growth and earn rewards, increasing their token holding. GOVERNANCE Power to the People TVVIX token holders will have the ability to propose changes, and vote on governance proposals related to the development and direction of the platform. This includes decisions on network upgrades, changes to the tokenomics and fees, and the addition of new RWA tokens. $TVVIX token holders who participate in governance proposals will be rewarded with $TVVIX tokens. The exact amount of rewards will depend on the number of tokens staked by the user and the outcome of the governance proposal. By empowering our community to participate in the decision making process, TVVIN creates a more democratic and inclusive ecosystem that serves the needs and interests of all TVVIN stakeholders. We believe that a community driven approach is instrumental in achieving our vision of democratising access to real-world assets and disrupting traditional financial markets for the better. HOW CAN I GET $TVVIX? Private & Public Sale There are two current ways to get hold of $TVVIX. We are currently conducting a Private Sale and we will also have a Public Sale in early Q3 together with launchpads.  TOKEN SALE https://docs.tvvin.com/tvvix-token/how-can-i-get-usdtvvix/token-sale For more information about TVVIN, please visit:  • Website: http://tvvin.com/  • Telegram: https://t.me/TVVIN_RWA  • Twitter: https://x.com/TVVIN_RWA  • Discord: https://discord.com/invite/VxerJqkkZ4  
    • Итак. Вы решили подключить на свой сайт платежку и столкнулись с вопросом: какие бывают платежные шлюзы?   Все платежные решения можно разделить на 4 категории. Первые 2 категории достаточно трудны в реализации и их использование может вызвать лишь дополнительные проблемы, но проигнорировать их мы не можем:   Собственная платежная система   Это, пожалуй, самое трудно в реализации решение. Без своей команды разработчиков, которые создадут и будут поддерживать платежную систему, не обойтись. При этом придется разобраться в огромном количестве тонкостей этой сферы. На выходе, попытка сэкономить на комиссии готовых решений обернется еще большими расходами и потерей времени. Подойдет, пожалуй, только для очень крупных компаний со своим штатом разработчиков.       Платежный шлюз от местного банка   Крупные компании, работающие в одном регионе могут смело подключать шлюзы от банков. Если же компания работает в нескольких регионах, такое решение будет не лучшим, так как для каждого региона придется подключать отдельный банк, а это накладно и с точки зрения разработки и с точки зрения времени, потраченного на сбор документов и открытие компаний в каждой стране присутствия.     А вот оставшиеся два варианта – это то, чем пользуются компании из разных стран и работающие в разных направлениях: от сервисов по приему СМС и продаже цифровых товаров, до крупных Gambling и Betting-компаний, которым нужно быстро и четко обрабатывать платежи из разных стран.     Внешний шлюз   Отличное решение для компаний, которые работают в нескольких регионах, либо по какой-то другой причине не могут, или не хотят подключать шлюз от банков. Именно это решение в последние годы использует большинство представителей мелкого, среднего и даже крупного бизнеса. Оно наиболее простое и подключить такое решение можно в считанные дни.       Встроенный по API шлюз   Второе по популярности решение. Оно смотрится максимально органично для покупателя, ведь все действия будут происходить в рамках одного сайта, без лишних редиректов. Но в данном решении продавцу придется самостоятельно разработать страницу для приема платежей, подключить обработку платежей через API платежного сервиса, а также позаботиться о сохранности платежных данных, если они будут собираться в рамках выбранного платежного метода.     Кстати, оба варианта доступны в процессинговом сервисе MoneyGate. Подробнее на сайте: Moneygate.biz
    • CryptoNews of the Week     – The Republican candidate for the upcoming US elections, Donald Trump, has declared his intention to become the "cryptocurrency president." Speaking in San Francisco, he presented himself as a defender of digital assets and criticized Democrats' attempts to regulate the industry. According to Reuters, Trump raised $12 million for his campaign at an event for venture capitalists from Silicon Valley, organized by Chamath Palihapitiya and David Sacks at Sacks' mansion in the Pacific Heights area. Media reports indicate that executives from the crypto exchange Coinbase, the founders of the Gemini trading platform, Cameron and Tyler Winklevoss, and other industry representatives were present at the event. Intercom CEO Eoghan McCabe shared on X about his participation: "I spoke with six people there. None identified as Republicans. All had voted for or donated to Democrats in the past. Now they support this guy [Trump] for his policies on war, immigration, cryptocurrency, and more. These elections are a referendum on these issues."   – The attitude towards cryptocurrencies will be a key difference between the candidates for the US presidency, Donald Trump and Joe Biden, though neither understands the topic. Billionaire Mark Cuban stated this: "Do you really think [Trump] understands anything about cryptography beyond making money from selling NFTs? Neither candidate understands. But I've often said that Biden will have to choose between [SEC Chairman] Gary Gensler and crypto voters, or it could cost him the White House."  Discussing the upcoming elections on X, ASI crypto-lawyer Preston Byrne noted that Trump's crypto policy is "actually very substantial and well thought out, while Biden's approach is insane and punitive."   – The "Intelligence Authorization Act for Fiscal Year 2025" was submitted to the US Senate on 3 June 2024. On 5 June, Senator Mark Warner's strategic amendment to this bill was published on the social network X, granting the US president new broad powers. This allows the president to "prohibit any transactions between any person under US jurisdiction and foreign intermediaries in digital asset transactions."  Financial lawyer Scott Johnsson criticized the law due to its wide scope. He sees it as an attempt to control digital assets under the guise of fighting terrorism, as the amendments added by Warner are borrowed from the Anti-Terrorism Financing Act.   – Late in the evening (CET) on 12 June, the FOMC (Federal Open Market Committee) of the US Federal Reserve will decide on the dollar interest rate. Historically, such decisions have always significantly impacted bitcoin's price. In this regard, ChatGPT-4o AI was tasked with forecasting BTC's price based on technical analysis and financial analysts' assumptions.  According to the AI, bitcoin will trade in the $68,000-73,000 range. However, a rate cut or hints of an upcoming reduction could push BTC beyond this range. In this unlikely economic scenario, ChatGPT-4o predicts the leading cryptocurrency will trade between $73,000 and $75,000 or higher.   – Over the past few days, the crypto market leader has lost nearly 10% in value. Many experts believe this is due to investors' concerns that US inflation will remain high for a long time. Under such conditions, a quick easing of the Federal Reserve's monetary policy is unlikely. Enthusiasm was also dampened by the fact that spot bitcoin ETFs broke a 19-day streak of investment inflows. On 11 June alone, industry funds lost nearly $65 million. MN Capital founder and analyst Michaël van de Poppe noted that investors are acting more cautiously ahead of the FOMC meeting on 12 June. He does not rule out that seller pressure will persist in the near term. Under such conditions, bitcoin could correct to $65,000. However, van de Poppe does not expect a deep price drop, as significant liquidity is concentrated around the $60,000 mark, indicating strong support, and positive dynamics could be supported by geopolitical instability.   – Traders note that "digital gold" has recently been trading within a narrow range of $66,000 to $72,000. One popular market participant considers the lower boundary an ideal entry point, while entry at the upper boundary carries high risk.  Despite recommended caution, over 70% of the crypto community participants in several surveys believe BTC is on the verge of continued growth. For example, a trader nicknamed Captain Faibik is confident that bitcoin is preparing to break out of the "expanding wedge" technical analysis pattern. Breaking above its upper boundary, in his opinion, will open the way for the cryptocurrency to rise above $94,000. Trader Titan of Crypto, in turn, expects bitcoin to reach $100,000 this summer.  Community participants also point to the activity of large investors as a sign of BTC's growth potential. Whales, according to crypto industry representatives, are actively taking long positions in bitcoin. Cryptoquant CEO Ki Young Ju noted that the $69,000 level has become particularly attractive for large investors.   – By the end of 2024, the first cryptocurrency will be worth between $125,000 and $135,000, according to BitGo CEO Mike Belshe. He believes that one of the catalysts for bitcoin's growth will be the high level of US national debt. "Our macroeconomic climate continues to confirm the necessity of bitcoin. Without a doubt, the US national debt is out of control. […] This situation supports the idea that bitcoin is the gold of the new generation," Belshe said.  He also noted that the US dollar is losing its position as the world's reserve currency due to US foreign policy. The BitGo CEO believes that the country uses the dollar as a weapon and a tool for manipulation. "Thus, the US national debt crisis is one thing, foreign policy and sanctions control is another. And BRICS is providing alternative payment systems. […] This is the story of why bitcoin exists," he concluded.   – The new Binance CEO Richard Teng, who succeeded Changpeng Zhao, believes that bitcoin will soon exceed $80,000. Teng associates the potential new high with the launch of spot BTC-ETFs traded on stock exchanges. This has strengthened trust in the asset, and retail traders and institutions no longer perceive it as risky. The Binance CEO also suggests that cryptocurrency legalization is possible if Donald Trump is elected president of the United States. Declaring himself a "crypto president," Trump stated in May that the US should lead the global crypto industry.   – The self-proclaimed first resident of Bitcoin City, American Corbin Keegan, left El Salvador without seeing his dream city begin to take shape. In November 2021, El Salvador's President Nayib Bukele announced plans to establish a crypto settlement. Upon hearing this news, Keegan left Chicago and headed to the South American country to become Bitcoin City's first resident. However, his patience eventually ran out, and he returned home.  The project's implementation was likely frozen due to a lack of funding. Bukele wanted to raise the necessary funds through the sale of "Volcano Bonds." These securities were planned for release in Q1 this year, but for various reasons, they did not see the light of day. Notice: These materials should not be deemed a recommendation for investment or guidance for working on financial markets: they are for informative purposes only. Trading on financial markets is risky and can lead to a loss of money deposited.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/
    • Cardano Node 9.0 будет запущен в июне и подготовит платформу к форку Chang   Cardano Node 9.0 будет запущен в июне. Это обновление подготовит платформу блокчейна к долгожданному форку Chang. Основатель Cardano Чарльз Хоскинсон сообщил об этом событии на X. Хоскинсон отметил, что хардфорк может произойти после того, как 70% операторов стейкингового пула (SPO) установят новый узел. Это приведет Cardano в эпоху Вольтера, ознаменовав состояние полной децентрализации — огромную веху для сети и всей индустрии блокчейнов. Хоскинсон назвал это самым значимым событием в истории Cardano.   Хоскинсон описал путь развития за последнее десятилетие, заявив, что создание Cardano было похоже на строительство нации. Он выразил гордость за сообщество и оптимизм на будущее. Хоскинсон считает, что Cardano дает надежду отрасли и всему миру, и призвал всех оказать значительное влияние в следующем десятилетии. Три дня назад основатель прокомментировал несоответствие между восприятием СМИ и реальным прогрессом Cardano. Он раскритиковал криптовалютные СМИ за непризнание достижений Cardano.
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