Episode 86 - "Morning" show - Ethereum and Layer 2 Solutions
Good morning, er, afternoon. I made the Fetch.ai video this morning and when I went to broadcast the live morning show, I had my little kid staring at me, so I had to go do my duties. Here I am now, in the afternoon doing the morning show keeping up the daily streak. I cover Ethereum Layer 2 solutions in this video.
Good morning! This morning I delve into to the SEC (The Man) and DeFi (Shadowy Super-Coders). I look at the DeFi Report released by Consensys and talk about just how early we are, but also how transparent everything is in contrast to the claims made by Elizabeth Warren that crypto exists in a space run by "Shadowy Super-Coders". Just become literate! Isn't that what we've been told our whole lives? Learn to read! Code, that is. You don't have to be a super programmer to learn to read some basic code. Then we could organically police each other as we have been doing through "Gadflys" such as Chris Blec has been demonstrating. Another example of a Gadfly back in the 80's - 90's for the restaurant industry was Houston news' Marvin Zindler! Eye Witness News!
Sources:
https://twitter.com/ChrisBlec/status/1422607391540064258
https://twitter.com/TheStalwart/status/1422599321762111493
https://consensys.net/reports/defi-report-q2-2021
https://twitter.com/GaryGensler/status/1422607603708870663
https://www.smartcontractsummit.io
Good morning! This morning I read some of the literature direct from the World Economic Forum website about cryptocurrency and see what they have to say about it. Although I am not a fan of the WEF, I do have to admit that their literature to learn about it is not terrible. I am at a loss as to why they chose those specific cryptos to showcase though. Any suggestions?
Here is my Telegram channel invite link: https://t.me/joinchat/E3NwIk5qgpazSR-f
Sources:
http://www3.weforum.org/docs/WEF_Getting_Started_Cryptocurrency_2021.pdf
Good morning! I have finally gotten around to digging in to see what Avalanche is about. I have seen the blockchain popping up frequently and have seen several YouTubers and writer talk and write about it, but have not had the time to look into in for myself. When I was buying a Rainbow Roll toilet paper NFT the other day, one of the community members over there told me he is also a part of the SmartCoin $SMRT Community. I said I would take a look. When I did I realized it was on the AVAX blockchain and I decided it was now time to actually see what Avalanche is all about. I did it through this DeFi Yield-Aggregation app called SmartCoin. While I am now able to recognize familiar tools and patterns in DeFi apps, I have never before understood what Bollinger Bands are. SmartCoin uses Bollinger Band Boosters as one of it's yield boosting mechanisms. If you like high yield boosting DeFi apps, this might be a good one for you to jump into and take for a ride!
Sources:
https://www.avax.network/
https://smartcoin.farm/
https://toppsnfts.com/
https://smartcoin-tokenomics.gitbook.io/smartcoin-tokenomics/
https://www.traderjoexyz.com/
https://www.avax.network/validators
https://medium.com/@anotherfawks/staking-avax-by-validating-or-delegating-with-the-avalanche-wallet-f4d9adc182a6
https://app.aave.com/#/markets
https://support.avax.network/en/articles/4626956-how-do-i-set-up-metamask-on-avalanche
Good morning! This morning I go a bit all over the place, but I mainly focus on the definition of crypto fundamentals like commodities vs Securities, Tokens vs Coins, and things like what are Ponzi Schemes. Do you research. Do perpetuate the behavior that critics point out that give crypto a bad name.
Enjoy the space. Learn and grow, and don't get rekt!
Sources:
https://hackernoon.com/debunked-bitcoin-is-a-ponzi-scheme-zj1n35nh
https://www.bitdegree.org/crypto/tutorials/token-vs-coin
https://blog.liquid.com/coin-vs-token#:~:text=To%20sum%20up%2C%20some%20of,are%20suitable%20for%20multiple%20needs.
https://medium.com/theta-network/theta-protocol-version-3-1-0-to-be-release-july-25-release-notes-de0b29c7ff41
https://www.blockchainconsultus.io/difference-between-security-commodity-tokens/
Good morning degens! I am pretty much all over the place in this video covering Jack Dorsey and Jay-Z with Square and Tidal, Publish0x, DeversiFi trading Dapp, uStonks, Wall Street Bets and Degenerative Finance, and Bitcoin as paper money?!
Sources:
https://www.coindesk.com/how-the-nft-boom-explains-squares-tidal-buy
https://www.coindesk.com/what-are-nfts
https://www.publish0x.com/deversifi/your-new-weapon-against-defi-complexity-simple-swaps-xrywonj
https://www.deversifi.com/
https://thedefiant.io/theres-now-a-token-that-tracks-trending-wsb-stocks/
https://degenerative.finance/
https://www.reddit.com/r/ethereum/comments/lbg376/ustonks_trade_the_rwallstreetbets_basket_on_defi/
https://cryptopotato.com/physical-bitcoin-noteworthy/
https://cryptopotato.com/coinshares-launches-a-75-million-physically-backed-ethereum-etp/
https://www.investopedia.com/terms/e/exchange-traded-products-etp.asp
Good morning! This morning I start with my usual banter and talk about whale movement going on in the land of Shiba Inu. Then I shift the focus to an article written by fellow anon Bankless DAO member Frogmonkee. He outlines the ideal development of DAO capital flows as decentralized economic engines rather than the bottlenecked flows that are currently commonly found in DAOs through grants committees. Overall, it is a well written article and I learned alot through it.
Sources:
https://www.investing.com/news/cryptocurrency-news/shiba-inu-falls-after-23b-of-shib-moved-from-whale-wallet-2667437
https://frogmonkee.substack.com/p/daos-as-economic-engines
https://web3grants.org/
https://www.investopedia.com/terms/c/cost-center.asp
Good morning crypto heads! It's Monday and I'm dragging ass. But I am here. In yesterday's video interview I mentioned Bridge Protocol $BRDG and said it was a dead project. Well, apparently it is not totally dead. The community is still there and the team are working on solutions to get it moved forward. So I will keep my pulse on that. One of the Bridge Protocol community members and I got to talking and he has a new project he is working on called The Crypto Playground. This is a simulated crypto space environment through an app and via VR that will help people get acclimated to the crypto space in a comfortable manner. One will learn about wallet, exchanges, price movement, etc... through a simulated experience. You will even be connected to a simulated social media and e-mail where you will receive scam e-mails and have to decifer which ones are scams and which ones are legit. Personally, I think it sounds great for a new person in the space to train on, much in the same way a pilot has to learn how to take off and land a passenger jet on a flight simulator first. Anyway, go check it out for yourself and let me know what you think!
Sources:
https://thecryptoplayground.com/
https://theadvisorynetwork.medium.com/the-cryptoplayground-42edb9289627
https://bridgeprotocol.io/#
Good morning! Today I started the show wondering what I was going to talk about. I turned on the camera and started down the Coin Gecko charts and the topics just started rolling out. There is always so much to talk about in this space. I reflected mostly on Litecoin today, it's price action, and how it relates to the RSI indicator. I go over to investopedia and look at specifically what an RSI indicator is and they go back to the Litecoin article with a better understanding of the article.
Then I take a look at the Decentralization Central website. This is a website that lists all types of decentralized projects and services that do no rely on the big technocractic overlords. It will help someone to navigate in an alternate economy.
Sources:
https://twitter.com/LarryLogical/status/1391535665419112450
https://cointelegraph.com/news/litecoin-price-hits-400-all-time-high-but-ltc-rally-at-risk-of-overheating
https://www.investopedia.com/terms/r/rsi.asp
https://decentralizationcentral.com/
Good morning! After my usual morning rambling, I look at some articles regarding Jack Dorsey and his new platform called TBD which will use RSK technology to create a "Bitcoin DEX". Actually it will be more of an on-off ramp for fiat dollars to Bitcoin rather than a crypto-to-crypto DEX as we all know like Uniswap. Either way, this opens the door to a sidechain of Bitcoin that will be smart contract enabled and opens the door to many possibilities within the BTC world.
Sources:
https://news.bitcoin.com/jack-dorsey-discusses-square-building-a-bitcoin-native-dex-platform-project-lead-shares-insight/
https://cointelegraph.com/news/jack-dorsey-discusses-plans-to-build-a-decentralized-exchange-for-bitcoin
https://cointelegraph.com/news/bitcoin-is-key-to-the-future-of-twitter-jack-dorsey-says
https://twitter.com/ChrisBlec/status/1431631667828035590
https://www.investopedia.com/news/what-rsk-it-threat-ethereum/
https://www.investopedia.com/terms/s/segwit-segregated-witness.asp
https://www.rifos.org/