I think nows a great time to buy cheap FTSE 100 shares. But plenty of people disagree and are rushing into crypto-currency Bitcoin instead. The price has just topped $10,000, sparking a rash of publicity, as it always does when it smashes through some symbolic number.

The FTSE 100 is flirting with its own symbolic number, hovering just above 6,000. If it falls through that, we can expect yet another rash of gloomy headlines. In both cases, you need to look beyond the short-term hype, and consider the long-term advantages of investing in these two very different asset classes.

The FTSE 100 looks cheap right now, trading almost 20% below its January high of 7,674. Theres a reason for that. The UKs GDP plummeted by an unthinkable 20.4% during Aprils lockdown, the largest fall since monthly records began 23 years ago. The recovery has begun, but itll be slow, amid nervousness and confusion about social distancing rules.

Dozens of companies on the index have cut or suspended their dividends. Profits have plunged. Certain sectors, notably travel and entertainment, face an existential crisis. Yet history shows its at times like these investors enjoy the greatest opportunities.

In a crash, financially sound companies get sold off along with the strugglers. There are cheap FTSE 100 shares all over the place. Some of these companies may take a short-term hit, but their long-term future is solid.

Top UK blue-chips such as AstraZeneca, Diageo, GlaxoSmithKline, National Grid, Phoenix Group Holdings, Prudential, Rio Tinto, Unilever and United Utilities Groupare just a few that spring to mind. There are plenty more out there.

Many of these continue to pay dividends. Thats not to be sniffed at, given todays near-zero interest rates. Especially when these FTSE 100 shares are so cheap. Better still, theyre plugged into the real-world economy, and will benefit when the pandemic eases and activity picks up.

I still see little connection between Bitcoin and the real world. Has anyone yet found a unique practical use for this crypto yet? I havent seen it. This is a radical innovation, with no USP. It doesnt even fill a gap in the market.

Bitcoin is purely a play on its own volatility. A traders toy. Price movements are driven almost entirely by sentiment. The only use I can see is getting your money out of an embattled country before authorities impose capital controls, or the economy goes into meltdown.

So the news that its climbed above $10,000 is neither here nor there. It did the same in June last year. Everyone got excited too. I cant, not any longer.

Im so over Bitcoin. I prefer to buy the shares FTSE 100 companies that offer products or services real people want to buy today. Particularly when those shares are cheap, as now. This is how I plan to build my wealth for the future.

Not by gambling on Bitcoin.

The post Bitcoin is above $10,000! Heres why Id ignore the hype and buy cheap FTSE 100 shares instead appeared first on The Motley Fool UK.

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Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK has recommended Diageo, GlaxoSmithKline, Prudential, and Unilever. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

Motley Fool UK 2020

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Bitcoin is above $10000! Here's why I'd ignore the hype and buy cheap FTSE 100 shares instead - Yahoo Finance UK

A federal court in Washington, D.C., is pushing ahead with charges against an underground Bitcoin exchange, ruling that Bitcoin counts as money under law. The ruling mostly brings the District of Columbia into line with the federal and state governments treatment of digital assets regarding money transmission and laundering. However it serves as a potent reminder that assuming Bitcoin can be used to circumvent financial laws is both wrong and dangerous.

Larry Dean Harmon, of Ohio, allegedly operated the Helix coin-mixing platform from 2014 to 2017, and scrambled over 354,468 BTC for the AlphaBay darknet marketplace and others. He was charged with conspiracy to commit money laundering and being an unlicensed money transmitter. Harmon had attempted to dismiss the unlicensed money transmission charges by arguing that Bitcoin is not money under existing law.

Coin mixers (sometimes known as tumblers) are online services that take users Bitcoins and attempt to scramble their transaction history by mixing them with others, before (usually) returning them to the originator. This, in theory, makes them less traceable to any illegal activity. As weve warned previously, no coin mixing service is operating legally and using one is regarded as extremely risky.

In her ruling, Chief Judge Beryl A. Howell used commonly-accepted principles to define moneythat is, a medium of exchange, a method of payment, and a store of value. Bitcoin is these things, she wrote. The ruling added that D.C. doesnt have a strict definition of the word money on its books, but may define money as it sees fit.

Satoshi says Bitcoin is money and property

Bitcoins own creator, Satoshi Nakamoto (Dr. Craig S. Wright) said himself that Bitcoin can be defined as money. Speaking to CoinGeek, he said:

Bitcoin as a cash system is both property and money. It can be said that there is nothing new under the sun and that certainly is the case with Bitcoin. I created Bitcoin to recover the link to age old tried and tested laws and rules. Bitcoin removes the ability to have an infinitely divisible and distributable digital system and returns it to a state of bailable property. That is, Bitcoin is the first digital asset that can be possessed. Because of this, there will be many more digital assets that are no longer able to be copied. In the future digital piracy will not exist. Right now, people will start to understand that Bitcoin was always money and that all of the anti-money laundering rules have always applied.

Bitcoin, now traded with the ticker symbol BSV, was not designed to be anonymous, or used as a tool to facilitate criminal activity. Despite what some promised in the past (and continue to promise even now), Bitcoin is not anonymous. Coin mixers are illegal and inherently untrustworthy. Many who used mixers or darknet marketplaces, either as vendors or customers, have learned this the hard way.

Unfortunately, they may continue to do soanonymity, under the guise of financial privacy is still a goal for many in the digital asset industry. There are so-called anonymous digital currencies designed exactly for that purpose, and additions made to coins like BTC and BCH that mask users identity and transaction details. Whether they work or will continue to work is questionable, as authorities in many countries have made it a goal to make those networks more transparent. If they cant, they will find ways to restrict their use.

Bitcoin BSV is an open and transparent ledger that protects users privacy, yet remains traceable to investigators should they require it. Remember that if a system is anonymous for the lawful but privacy-conscious, its also anonymous for the powerful, corrupt and criminalthe end result being a worse world for all. Bitcoin is money and property, and its use is subject to any laws covering those things.

New to Bitcoin? Check out CoinGeeksBitcoin for Beginnerssection, the ultimate resource guide to learn more about Bitcoinas originally envisioned by Satoshi Nakamotoand blockchain.

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Bitcoin is money, says DC courtbut of course it is - CoinGeek

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Bitcoin jumps above $10,000 for the first time in six weeks - Hindustan Times

(Bloomberg) -- Bitcoin rose above $10,000 for the first time since June 10.

The largest cryptocurrency spiked into five digits around 6 a.m. New York time on Sunday --- rising as high as $10,169, according to pricing compiled by Bloomberg. But it didnt stay there long, falling back into the $9,000s about 10 minutes later, bouncing around for a while and then paring gains more decisively. It was up 1.7% to $9,893 as of 10 a.m.

Bitcoin, which crypto fans have often touted as digital gold, is in favor as the yellow metal nears record levels, concerns rise about the health of the world economy and the dollar falls. Also, last week, the U.S. Office of the Comptroller of the Currency said American banks can provide custody services for customers crypto assets, which could help boost the asset classs appeal with some investors.

The cryptocurrency had been hovering near its 50-day moving average for weeks before pulling above it in the past couple of days.

Bitcoin has enjoyed above-average flows this year, and those flows are relatively high versus their five-year average when compared with those of exchange traded funds in other asset classes, according to a report from JPMorgan Chase & Co. strategist John Normand on Friday.

2020 Bloomberg L.P.

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Bitcoin Briefly Jumps Above $10000 for First Time in Six Weeks - BNN

Since its inception, Bitcoin has been the most popular payment tool among criminals operating in the markets of the darknet. Even today, with mainstream attention, global regulation, and billions in daily traded volume, the use of the decentralized, censorship-resistant, and universal cryptocurrency has not waned, but its sourcing has changed, which can open up a can of worms going forward.

John Jefferies, chief financial analyst at CipherTrace, a blockchain analytics company told AMBCrypto that, in terms of countries, the biggest recipients of funds coming from criminal sources is Finland. Yes, the Nordic country at the cap of Europe, known for its saunas, lakes and Makkara is where Bitcoin from criminal sources is ending up. Not China, with the highest concentration of miners, the United States, the home of the original Silk Road, or Russia, where the worlds biggest darknet markets are centered, but Finland.

The main reason Bitcoin from criminal sources end up in Finnish territory is because of one exchange LocalBitcoins. Jefferies stated that LocalBitcoins contributed to the high percentage of funds coming from criminal sources, speaking generally of the country of origin and more specifically of the P2P exchange.

As can be seen in the chart above, Finnish exchanges contributed 12.1 percent, courtesy of LocalBitcoins, followed by Russian exchanges with 5.21 percent. The United Kingdom and Chinese exchanges complete the top-4 with 0.69 percent and 0.31 percent respectively.

The global average as per CipherTrace if 0.17 percent which means that, on average, for the countries which have cryptocurrency exchanges, they received 0.17 percent of funds directly from criminal sources. While Chinese and British estimates were 1.82 and 4.05 times the global average, the Finnish receipts were 71.17 times the average, emphasizing how important P2P exchanges are to criminal activity.

With this data out there, two questions are pertinent why the use of P2P exchanges? and is being the recipient of criminal funds their own use? On the first question, P2P exchanges are relatively regulation-lax and simply act as a middleman in transactions. This prevents such exchanges from engaging in financial transactions involving banks and governing bodies of participants countries.

Secondly, P2P exchanges are now seeing rising activity in several countries, many of which arent solely because of criminal activity. For instance, the volume of Bitcoin for local fiat currency via P2P exchanges has surged to new-highs in countries like Argentina, Chile, Kenya Nigeria and Lebanon. In other countries, there is a high premium on Bitcoin for local fiat. A key reason for this is because of the dampening economic situation, with some countries in worst strife than others, citizens are turning to Bitcoin for capital flight, and with the absence of a domestic or international spot exchange, they rely on P2P exchanges.

Criminal activity is and will always be a part and parcel of the use of cryptocurrencies, but the universal, censorship-free and decentralized aspects of Bitcoin have another use-case, one which P2P exchanges are a feature of, and not a bug.

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Bitcoin: Why Finland is the biggest recipient of funds coming from criminal sources - AMBCrypto English

Following the massive Twitter breach that saw many high-profile accounts tweet about a bitcoin giveaway, a popular Indian Youtuber now claims that his Youtube channel was hacked for the same purpose. Hackers replaced some content in Carry Minatis videos to promote a bitcoin giveaway.

Ajey Nagar, also known by his channel name Carry Minati, announced on social media Friday that his Youtube channel with 6.7 million subscribers was hacked. My channel Carryislive has been hacked, need immediate assistance, Minati tweeted to Youtube India.

Besides the gaming channel Carryislive, Nagar also runs another channel on Youtube called Carryminati, which has 24.1 million subscribers. Only the Carryislive channel appeared to have been hacked. Two videos promoting a bitcoin giveaway scam were reportedly posted on the channel, one of which was entitled Charity Stream: Bitcoin, BTC, Ethereum, ETH. The videos had a bitcoin address and an ether address displayed over them. Moreover, about 36 minutes into the videos, the content abruptly turned into Spacex and Tesla CEO Elon Musk giving away bitcoin and ether.

News.Bitcoin.com previously reported on Youtube bitcoin giveaway scams featuring Elon Musk giving away bitcoin which has raked in millions of dollars. The videos on the Carryislive channel promotes both a bitcoin giveaway and an ether giveaway where scammers promise to double your BTC or ETH sent to them.

At least two BTC addresses were posted on the Carryislive channel: one displayed on the video and another in the video description. According to the Bitcoin Abuse database, the first address has been reported as a scam address twice and has received 0.0273132 BTC at press time. The other has also been reported twice and has received 0.00017801 BTC.

Bitcoin giveaway scams have been on Youtube for months, featuring well-known people supposedly giving away bitcoin, such as Musk, Microsoft co-founder Bill Gates, Amazon CEO Jeff Bezos, Apple co-founder Steve Wozniak, and several people in the crypto space. However, in past BTC giveaway schemes, scammers used their own accounts to promote the scams, without hacking other Youtube channels.

The problem of scams being promoted on Youtube has gotten so out of hand that Wozniak and 17 others have sued the video-sharing platform and its parent company, Google, over a bitcoin giveaway scam. They allege that the two companies know about the scam but they not only allow these fraudulent videos to be posted, but they also promote and profit from them.

Meanwhile, the recent Twitter attack is being investigated by the FBI. During the hack, high-profile accounts tweeted about a similar scam bitcoin giveaway, including the official accounts of Apple, former U.S. president Barack Obama, Cash App, Google, Democratic presidential candidate Joe Biden, Kanye West, former New York City mayor Mike Bloomberg, and Berkshire Hathaway CEO Warren Buffett.

What do you think about the Youtube channel being hacked to promote a bitcoin scam? Let us know in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Twitter, Youtube, Ajey Nagar

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Popular Indian Youtube Channel Hacked to Promote Bitcoin Giveaway Scam | News - Bitcoin News

Bitcoin has been trading sideways since its supply squeeze in early Maythough many other smaller cryptocurrencies have surged during that time.

The bitcoin price has remained firmly under $10,000 per bitcoin despite a raft of positive developments for bitcoin and the wider cryptocurrency space.

However, the likes of chainlink, cardano, tezos, stellar and ethereum have all soaredwith some more than doubling in value in a matter of months.

The bitcoin price rally has stalled over recent months even as some smaller cryptocurrencies have ... [+] rocketed higher.

Bitcoin has traded sideways since early May, despite repeatedly trying to break above the psychological $10,000 per bitcoin level.

Meanwhile, ethereum, the second largest cryptocurrency be value after bitcoin, has added almost 50% to its price during that time, pushed on due to a surge of interest in decentralized finance, sometimes known as DeFithe idea that blockchain entrepreneurs can use bitcoin and crypto technology to recreate traditional financial instruments such as loans and insurance.

"Ethereum has been the main rails for some of the largest initial coin offerings and most recently been rails to the largest stablecoins that have unleashed the DeFi wave," Philippe Bekhaz, the chief executive of Bermuda-based stablecoin platform Stablehouse, said via email.

Ethereum has been further boosted by the soaring price of chainlink, a token that powers a decentralized network designed to connect smart contracts to external data sources and is built on top of ethereum's blockchain.

The value of chainlink's link token has more than doubled since early May, adding to its already massive gains over the last year.

Ethereum is one of those game-changing projects," Adam Traidman, chief executive of cryptocurrency wallet BRD and maker of Blockset, an enterprise-grade blockchain data integration platform, said via email.

"I can tell you firsthand that ethereum is the most requested chain, right up there with bitcoin, that companies ask Blockset to support, likely due to its capabilities of building private chains."

The bitcoin price has declined over the last year, failing to rally after its closely watched supply ... [+] squeeze in May.

Elsewhere, cardano's ADA token has leaped by over 200% since early May as excitement swirled around an upgrade to the cardano blockchain that's designed to improve the platform's decentralization and scalability, and investors piled into DeFi projects.

"With cardano, we believe we can create a revolutionary solution which will be able to offer access to finance and investment to swathes of the population who have previously been shut out of the system," the chief executive of cardano developer IOHK, Charles Hoskinson, said in a statement ahead of the update's rollout this week.

Another minor cryptocurrency, tezos, styled as a "self-amending cryptographic ledger" and uses the so-called proof-of-stake consensus model as opposed to bitcoin's proof-of-work, has emerged this year as a favourite blockchain and cryptocurrency for tokenized real-estate and security tokens.

Tezos, also benefiting from the DeFi rally, has added 22% to its price since May but has more than doubled its price over the last year.

Stellar, a formerly top-ten cryptocurrency that has been pushed down the rankings recently, has also rallied over recent months, adding almost 50% to its price since early May.

"Will stellar be the next altcoin to pump," asked closely-watched trader Peter Brandt via Twitter last week, pointing to a technical data chart.

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As Bitcoin Flounders, The Price Of These Smaller Cryptocurrencies Has Suddenly Soared - Forbes

A US Federal Court said Friday that bitcoin is a form of money covered under the Washington D.C., Money Transmitters Act (MTA).

The court made this conclusion as it denied a motion to dismiss criminal charges against Larry Dean Harmon, the operator of an underground bitcoin trading platform.

In December 2019, a federal grand jury in the District of Columbia indicted Harmon for conspiracy to launder monetary instruments, in violation of state laws. However, Harmon moved to dismiss citing failure to state an offence.

Harmons move forced the court to determine if bitcoin met the definition of money for purposes of the District of Columbias MTA.

In its conclusion, the court states:

After examination of the relevant statutes, case law, and other sources, the Court concludes that bitcoin is money under the MTA and that Helix, as described in the indictment, was an `unlicensed money transmitting business under applicable federal law.

The court also points out that Harmon himself never disputes that bitcoin is money as that term is ordinarily used.

Harmons motion to dismiss all charges against him was denied.

According to court documents, Harmons operation, Helixa darknet serviceenabled customers, for a fee, to send bitcoins to designated recipients in a manner which was designed to conceal and obfuscate the source or owner of the bitcoins.

Helix was shut down in 2017 while Harmon was arrested in February 2020.

Meanwhile, the documents also reveal that before the launch of Helix, Harmon had written stating that the service was designed to be a bitcoin tumbler that cleans bitcoins by providing customers with new bitcoins which have never been to the darknet before.

Between 2014 and 2017, Helix was used to exchange approximately 354,468 bitcoins the equivalent of approximately $311 million.

What does this decision mean for bitcoin? Tell us your thoughts in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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Us Federal Court Ruling Bitcoin Is a Form of Money | News Bitcoin News - Bitcoin News

Source: R.Danyliuk - Shutterstock

The past few weeks have seen perhaps the biggest news of the year for the crypto space. As CNF reported, the US Office of the Comptroller of the Currency (OCC) published a letter clarifying that all licensed banks in the US are allowed to offer cryptocurrency custody services. Specifically, the U.S. authority stated that every bank in the country may store and manage cryptographic keys for its customers.

Even if Bitcoin reacted with a slight upward movement the BTC price is close to USD 9,600 at the time of writing the long-term effects could be massive. In a series of tweets, the founder of Capriole Investments, Charles Edwards, described why the OCCs decision is so important. As Edwards explained, the decision will trigger a domino effect:

US financial institutions drive much of global financial actions. This will be a global domino effect, and enable:

Increased public awareness & trust in Bitcoin

Multiple new demand and on-boarding streams

Furthermore, Edwards also pointed out that it is now clear that Bitcoin and cryptocurrencies can no longer be banned.

Exhibit: legalisation in Germany, India, Korea earlier in 2020now USA. This cant be stopped.

Edwards also said that the Bitcoin price could explode quickly if banks put only 1% in the market. According to the Digital Asset Manager of Capriole Investments, Bitcoin could more than double under the above condition. To substantiate this, Edwards referred to a diagram of the Federal Reserve, which shows that US commercial banks have assets of 20 trillion US dollars:

Just 1 NASDAQ stock (Grayscale) already owns 2% of circulating Bitcoin supply today.

Its not hard to see where this is going.

Source: https://twitter.com/caprioleio/status/1286237259658919936

Already last month, Messari researcher Ryan Watkins explained that an institutional allocation of a total of 1% for Bitcoin could slightly increase the total value of Bitcoin to over $1 trillion (1,000 billion) USD. Watkins called it a perfect storm that could drive the Bitcoin price above $50,000 USD. According to the report, the storm would be driven by a phenomenon Messari describes as a Fiat amplifier:

Flows in and out of an asset do not necessarily cause one-to-one movements in the price of the asset and can be amplified to much larger price movements.

If foundations, family offices, sovereign wealth funds, pension funds, and mutual funds were to invest only a small amount of between $20 and $480, depending on the institution, the investment could double up to 22 times, as the table below shows, due to the higher liquidity and reflexivity.

Source: https://twitter.com/RyanWatkins_/status/1275426694237741057/photo/1

OCCs decision could thus lay the foundation for a massive bull run for Bitcoin.

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Bitcoins price will more than double following the OCC decision - Crypto News Flash

When taking your first steps into the Bitcoin and cryptocurrency space, your first challenge is finding a safe, secure way to store your crypto.

Fortunately, there's a huge variety of Bitcoin wallet providers available. These allow you to create a Bitcoin address (also known as a public key) that can be used for sending and receiving Bitcoin (BTC). Some of these wallets also provide access to the private keys (essentially the key that controls the public address), allowing you to quickly move your funds into another wallet if needed.

It's important that you don't get your public and private keys mixed upyou should never give out your private key, as anyone who has access to this can control your funds.

Mobile wallets are fast gaining popularity as a simple and efficient way to store cryptocurrencies. Part of the reason they're so popular is down to their accessibility and ease of use. Most cryptocurrency mobile wallets are capable of storing a wide range of cryptocurrencies in a single place and can be used on both Android and iOS devices. Popular Bitcoin mobile wallets include Electrum, Jaxx Liberty and BRD.

Your first port of call for a mobile cryptocurrency wallet will likely be the Google Play Store or Apple App Store, depending on your smartphone operating system. Search for terms such as "Bitcoin wallet" or "cryptocurrency wallet" to find a mobile wallet that meets your requirements.

It's important to pay close attention to the reviews; a number of fake wallet apps designed to steal cryptocurrency private keys and seed phrases have been known to slip past checks and end up on these app stores. We recommend sticking with wallets that have a large number of users and excellent reviews.

You can also check theDecrypt reviews section, which is continually updated with our latest reviews of trustworthy mobile wallets.

Once you've chosen a suitable mobile wallet, you'll be able to create your Bitcoin wallet in the app. This usually involves creating a unique security PIN to control access to the wallet.

You'll also likely need to write down a 12 to 24-word recovery phrase; this is extremely important as it's used to restore your wallet if you lose access to your device. People have been known to go to extreme lengths to keep their seed phrases secure, from etching them on metal plates to splitting them up and storing them in separate safety deposit boxes (the approach taken by Bitcoin billionaires the Winklevoss twins).

Arguably the most secure way to create a Bitcoin wallet is by using one of the many cryptocurrency hardware wallets available. These are essentially physical vaults that allow users to store cryptocurrencies in an offline environment and are secured by a number of hardware and software-based security layers.

These security layers can include a bank-grade secure element as with the Ledger Nano X, physical biometric security with the D'CENT Biometric Wallet, or the unique 'duress PIN' feature of the Coldcard Mk3. Most cryptocurrency hardware wallets are secure against a wide range of attacks, but they can be costly, making them best suited for those with an extensive cryptocurrency portfolio.

Like most modern cryptocurrency wallets, hardware wallets generally allow users to generate addresses for a wide variety of cryptocurrencies, but Bitcoin, Ethereum (ETH), and Tether (USDT) are supported by most offerings.

To create your Bitcoin wallet on a hardware wallet, you'll first need to set up the device. During this process, you may be asked to select which cryptocurrencies you want to manage on the device. Alternatively, some hardware wallets, like those produced by Ledger, allow you to quickly add and remove support for different cryptocurrencies using a companion app.

Depending on the device you use, you'll then be able to generate your Bitcoin wallet either on-device or using the associated app. Again, this will generally involve recording a recovery phrase and setting a PIN to limit access to the device.

Cryptocurrency exchanges are an extremely popular way to store Bitcoin, since they also typically offer a free cryptocurrency wallet. A large proportion of the most popular cryptocurrency exchanges allow users to store and manage a wide variety of cryptocurrencies after simply opening an account, but others require users to complete identity verification and an anti-money laundering (AML) questionnaire before this feature is enabled.

Once you've enabled the wallet feature on your cryptocurrency exchange of choice, you'll be able to find or generate a deposit address in your account, usually in the deposit or wallet section of the website. Most cryptocurrency exchanges do not allow users to generate multiple addresses for a single cryptocurrency, forcing them to reuse the same address for each transaction.

Although most cryptocurrency exchanges provide users with a cryptocurrency wallet, it's important to note that not all exchanges are trustworthy. There are number of fake exchanges that exist for no other purpose than to steal the deposits of the unfortunate individuals who register there.

Because of this, it's important to do your own research before choosing an exchange, being wary not to use platforms without a good reputation. Some of the most established and trustworthy names in the space include Coinbase, Binance and Gemini, but there are many other options available.

More:
How to get a Bitcoin address - Decrypt