▶️ Benefits To Trading & Holding Crypto Versus Stocks | EP#243
While there are a few drawbacks to cryptocurrency trading and holding, there are countless benefits that stock trading and can’t offer you. Let’s go over them together.
Here are the benefits to cryptocurrency: • You can trade cryptocurrency 24/7 without restrictions. • Typically, the fees are negligible compared to trading on regular exchanges. • There is no minimum purchase amount, nor do you have to have a certain amount of money to start trading. • Many exchanges offer ways to earn free cryptocurrency or give you registration bonuses you typically cannot get with regular exchanges. • You could spend no money whatsoever and earn cryptocurrency and then trade what you’ve earned to generate a much greater profit. • You can buy fractions of a cryptocurrency. • You can spend it right away. • You can use them for various things like staking or as a utility. • You can mine cryptocurrency should you choose to. • Given you store your cryptocurrency off the exchange as you should, you should never be concerned with someone else restricting your access or from hackers stealing your funds. • Cryptocurrency itself is highly secure and accurate, everything is tracked with 100% accuracy and everything is verified for integrity. • You don’t have to pay holding fees. • How you use the coins after is completely anonymous or can be made anonymous should you choose. • It’s very easy to transfer compared to withdrawing or depositing a stock and is much faster. • With decentralized exchanges, it is easily available to anyone regardless of their banking services or location (given it’s legal). • Transactions are made significantly faster. • You can lend your cryptocurrency. • Price is reliant on the entire network, not the company and more accurately the current CEO (refer to Tesla and Elon) depending on the cryptocurrency, namely Bitcoin. • and many more
The Ethereum name service is an amazing project that allows you to purchase and set up a human-readable .eth address for people to send various cryptocurrencies to. ENS will handle all the transactions, all you need is one address and today I’m going to walk you through how and explain why you should.
First off let’s talk about why you might want to take advantage of this:
- It’s inexpensive
- You will turn a long 40+ character address into a human-readable name that is easy to remember and without having to copy and paste
- It prevents lost transactions from mistyped addresses (if you type “scottcbusi.eth” it will say this is incorrect unless someone else has bought it)
- It enables you to store other records like your email or URL
- It enables you to setup a decentralized website via .onion or IPFS
- They will continue adding more features and improvements
Note that some fixes for various issues are:
- Metamask not working and needing to use a different browser
- Ensuring you have a compatible Ethereum wallet like Metamask
- Navigating to app.ens.domains and not just ens.domains
- One very specific issue I had was that my resolver needed to be reset and thus it was preventing me from adding new coins which I found out by inspecting my browser and seeing the error in the console. I just followed the instructions and redid step 1-3 and it solved the problem
It may look somewhat confusing, but you just need to follow the three steps they have laid out for you at the top when you click on the dropdown for “Learn how to manage your name” and you’ll be good to go.
1. Set the resolver which is a smart contract for translating names into addresses. In the Resolver area click on ‘Set’. Then click the ‘use public resolver’ link, and ‘save’ to launch the transaction.
2. Set your address in records under the resolver address by clicking the ‘+’ in the ‘records’ field then adding your Ethereum address. This makes it so that when people type in your .ETH name, they will get your Ethereum address.
3. Set the reverse record which is the opposite of what you just did. This will make it so that alternatively if someone searches your address, they can also find your .ETH name. Click the arrow for the reverse record that should say it isn’t set just below your address to expand the field, then click the button ‘save’. This will translate your address into your new name.
After that, you can easily add more records for other coins, content hashes, or text records. I’ve added my LTC and BTC addresses as well as my email and URL.
My address is scottcbusiness.eth. While there are currently other solutions out there like FIO and Unstoppable domains, I have found ENS to be the easiest, most widely adopted, and the most co
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https://www.youtube.com/watch?v=APY7fqlDS5g
The EOS blockchain has been congested for over half a year. Now you can rent CPU and NET for 1 month from EOS Rex for a small fee so that you can still make the transactions you need to.
Lease CPU and NET for your EOS wallet so you can make transactions when you otherwise couldn’t using https://eosrex.io/.
Using Scatter, you just have to connect your wallet to EOS Rex and then you can rent however much CPU and NET you want at a very low fee on a monthly basis. You can also lend EOS for renting to earn a small amount on the flip side.
You can also find some sites that offer free transactions but that is usually limited to just sending EOS, not staking or doing platform specific tasks like staking and withdrawals on Trybe for example. EOS Rex is the only way that covers all the bases.
Do you know of any other sites that offer something similar to EOS Rex? Do you use EOS and what are your thoughts on it? Did this help you get around EOS congestion issues?
In this video, I discuss Hydro and Hydrogen with Mark Anstead the head of business development there.
Hydro, as described by their business, is "an open source blockchain project comprising of multiple smart contracts (protocols) and a dApp store, all powered by the HYDRO token. Hydro enables new and existing private systems to seamlessly integrate and leverage the immutable and transparent dynamics of a public blockchain, to enhance application and document security, identity management, and transactions."
The questions we cover in the video are listed below:
• Can you tell us a little bit about yourself?
• How busy are you now / How does your day look?
• What other projects are you working on and could you share a little about them?
• Can you give us a brief introduction to HYDRO?
• How does HYDRO differ from Hydrogen?
• How did the idea for HYDRO start?
• How is HYDRO influencing crypto and fintech?
• What are the next big updates for your project to release soon or that are in the works?
• Where does your project fit in with other existing similar projects and what makes it uniquely different from them?
• Where do you see your project going in the next year? The next 5 years?
• What is the current userbase size and how well is the project growing?
• Will you or any of your team be attending any upcoming crypto or blockchain related events?
• Can you share with everyone where they can go to learn more about this?
? You can also follow me on:
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Publish0x - https://www.publish0x.com/at-scottcbusiness/
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Gab - https://gab.com/scottcbusiness
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ETH: 0xE0d930a0aa8e57e037D749a868ade5682a34e88e
BTC: 3MWhAo2pbrKLmhkRGj8WuTo2VzLVeuimTs
LTC: MJMYVTL5iL9GvyQJcn7w7uiyUFMuSFDHke
#blockchain #cryptocurrency #interview
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https://www.youtube.com/watch?v=5O_RzxahjIk
I recently had the chance to discuss LBRY/Odysee with Julian Chandra who is the VP Of Growth at Lab From Mars. We dive into the technology, their ethos, where they are headed, and what you can expect of the platform.
Some people know it as LBRY, others as Odysee, and now they have a new parent company: Lab From Mars. Whichever interface you use, you are offered an amazing blockchain solution to video hosting backed by their native cryptocurrency: LBC. LBC or library credits allow users to support their videos and stake their content on the network.
00:00 Introductions
06:15 KYC Regulations
8:18 YouTube Users Coming To LBRY
12:00 Censorship In Social Media
18:30 "Alt-Tech"
25:00 Many Solutions To Censorship
26:00 What Challenges Does LBRY Face?
34:00 What Does YouTube Want?
36:20 What Are The Motivations Behind Odysee?
44:45 LBRY Had To Start From Scratch
50:25 Access To Funds
57:45 New Things In The Works
1:00:30 Odysee Content Discovery
1:03:25 LBC As A Utility Token
1:11:25 Final Thoughts
These are some of the questions we went over:
• Can you tell us a little bit about yourself?
• How and when did you originally get into cryptocurrency
• Can you give us a brief introduction to LBRY?
• With concerns around regulations coming to light, what is LBRY’s stance on KYC and privacy?
• With censorship ramping up on legacy platforms, do you expect more people to transition to LBRY? What are your daily active user numbers lately?
• With the CEO’s personal bank account and LBRY’s company account being targeted and shut down, how has that affected LBRY?
• What challenges is LBRY facing currently?
• Why did you leave TikTok and how is LBRY different?
• Let’s talk about Odysee. For people who are familiar with LBRY and LBRY.TV, what is the idea behind Odysee and what does LBRY want to achieve with it?
• Let’s dive into the spectrum of centralization and decentralization. Where does the LBRY app fall? Where does Odysee fall? Where does LBRY.Tv fall? What are some of the caveats of each?
• Will there be any type of ad sharing program we should expect to see soon?
• What are the next big updates for LBRY to release soon or that are in the works?
• Where does LBRY fit in with other existing similar projects?
• Where do you see LBRY going in the next year? The next 5 years?
• So where can everyone go to learn more about this?
Check out https://lbry.com/ for more information and to learn more about what they have to offer. Navigate to https://lbry.tv/ to view videos and publish there.
What do you think about LBRY/Odysee? Do you use either? Will you try them out? Let us know if you have any further questions on LBRY in the comments below and don’t forget to like and subscribe as well!
***This is a LBRY first video meaning it appears on LBRY at least 1 hour ahead of everywhere else!***
You want to take full advantage of the social platforms out there that use blockchain technology or have crypto monetization. Here are the 14 platforms I used to earn $455.60 CAD worth of fiat & crypto in February as well as some insights.
This is my 513th episode/article. I put a great deal of work into this content so if you find it valuable, please do like, share, comment and subscribe!
My total alleged crypto social media income earnings are now up to just over $38,049 CAD not including crypto appreciation after originally receiving the payouts.
**February Metrics & Content**:
To briefly go over my social media results for February, I received around 6,000 engagements, 95,500 video views, 1,200 comments, 3,400 followers, and 207,800 impressions.
**February Earnings:**
Publish0x – 5.05 AMPL - $1.35 CAD = $6.82 CAD + 102.64 STA - $0.11 CAD = $11.43 earned from post rewards. That’s a total of $18.25 CAD.
Brave Browser – 1.024 BAT – $0.919 CAD from ad rewards and 6.89 BAT from creator donations for a total of $7.27 CAD.
LBRY/Odysee – 99 LBC - $0.043 CAD = $4.31 CAD from user earnings, content earnings, invites, etc.
Hive – 39.38 Hive - $1.25 CAD = $49.23 CAD and 36.61 HBD - $1.24 CAD = $45.40 CAD. That’s a total of $94.63 CAD from post rewards.
LeoFinance – 24.07 LEO - $0.269 CAD = $6.48 CAD earned from post rewards.
Cos.TV – 896 COS - $0.01876 CAD = $16.82 CAD earned from post rewards.
Read.Cash & Noise.Cash – 0.32 BCH - $405 CAD = $128.45 CAD earned from post rewards.
DTube – 18.06 DTC - $0.9 CAD = $16.25 CAD earned from post rewards.
YouTube - $48.36 CAD earned from monetization.
Blurt – 802.56 BLURT – $0.0464 = $37.24 CAD earned from post rewards.
Loop – 500 LOOPR - $0.12 = $60.00 CAD earned from airdrops.
Yup – 61 YUP - $0.23 = $14.11 CAD earned from post rewards.
Torum – 15.60 XTM – $0.21 = $3.42 CAD earned from post rewards.
The grand total came to $455.60 CAD which is about $364.84 USD.
**February Insights:**
While my earnings have been declining with the overall market, now that it is on the uptrend again, I expect things to start trending upwards. I have been posting significantly less so that can’t be discounted, but I intend to be posting much more starting in April.
My top consistent earners continue to be Read.Cash and Hive. I’ve been powering down my Hive in order to funnel everything into HBD. I’ve also powered down the majority of my Blurt for the same reason. Blurt and Cos.TV have delivered fairly consistent rewards, I’m just not fully confident in their models. Cos.TV is too centralized and has approvals. Blurt requires crypto to post and there are times when I can’t post because of it. It’s also important to mention that I only get a handful of votes there so my earnings are largely contingent on those upvoters.
I’m not going to report on Yup or Torum going forward as it’s misleading when you can’t get your money out which is also why I stopped reporting on Den.social. Loop is terrible but they give out airdrops so I will continue to monitor that. In my next update I will provide some more insight on Serey after testing withdrawals.
I will be noting in every post going forward briefly how I do sponsors to keep everyone in the loop. If you’d like to see fewer sponsors, follow me on blockchain platforms and share this content so that I am able to earn more and have less need to use sponsors at all.
I will continue to share these reports every month to give you a breakdown of what my earnings are to be completely transparent and give you an idea of what you could do if you shared on all of these social platforms too.
What are your income goals? Are you using any of the platforms I shared above? Is this useful and or encouraging for you? Would you like to see these reports every single month to get a better insight into crypto social profitability? Let me know what you think about this in the comments below and don’t forget to subscribe!
*Disclaimer: This is not financial advice and is purely for entertainment purposes. What you see, hear, or read is my personal opinion, and any statements made are based on my views and should not be misconstrued as fact. My crypto portfolio may or may not be simulated*
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You can find all my cryptocurrency addresses on https://cointr.ee/scottcbusiness
You can find all of my referral links here: https://linktr.ee/scottcbusiness
There is a misconception in investing whether it’s crypto or stocks that something of high value must only be a high value because it’s successful and thus legitimate. I want to break down why this is absolutely not the case.
Whether we look at Hertz swinging with crazy volatility as it goes bankrupt or SushiSwap going up to $10 right away and now down to $1, we know that high value doesn’t mean stable or legitimate.
What’s more important though is when we have projects with high market caps on the verge of basically scamming people. Now while I’m not accusing any of these projects of being scams, they all have many red flags that one could then lead to that conclusion themselves upon verifying.
I’ve covered this all before but never touched HEX on video, so here we go. We will be looking again at Theta, DLive, and now HEX too. The reasons being that: 1. These are some of my most watched and hated videos 2. People believe that value proves legitimacy using value as evidence and that needs debunking.
This breaks down a bunch of projects you should avoid too in one video plus several others, but today we will focus on three big projects. - https://lbry.tv/@ScottCBusiness:4/Blockchain-Social-Platforms-You-Should-Really-Avoid:7
Interestingly enough, if you watch along in my videos and or read the blogs attached check out the previous ones which I will link below, you will see all of the information and evidence yourself. Funnily enough, the day I reviewed this Samsung dropped out of its partnership with Theta. People keep telling me I was wrong because the price went up. It’s funny because it’s only gotten worse, but I never said the price wouldn’t go up. Not enough people have seen my video, they’re working with previous co-founders from YouTube and Twitch so I’m unsurprised they can pull off big partnerships. While the nodes may do well, the platform is a money suck and I’m surprised anyone’s patronizing it (though few are). Most people who are happy right now are just the node owners, not the users or creators (except for those are being paid on the side)
https://lbry.tv/@ScottCBusiness:4/Why-I-Don%E2%80%99t-Recommend-The-Theta-Network-1:e
https://lbry.tv/@ScottCBusiness:4/pewdiepie:a
DLive is also very bad, but you can after tremendous effort get your money out. It’s continuing to favor partner streamers heavily over regular users in every aspect and they even lost PewDiePie. Another platform Justin Sun has ruined. I don’t have to go into much about this, I’ve covered it so many times.
https://lbry.tv/@ScottCBusiness:4/DLive-Migrates-Blockchains-For-The-Third-Time-v2:f
https://lbry.tv/@ScottCBusiness:4/dlive-is-overly-centralized-and:7
https://lbry.tv/@ScottCBusiness:4/The-DLive-To-Tron-Migration:e
https://lbry.tv/@ScottCBusiness:4/why-dlive-isn-t-what-you-thought:f
Lastly, we have HEX which I originally wrote a long blog article on which go into great depth and detail on why I sold mine after seeing all the sketchy stuff going on.
You can read all about that here: https://read.cash/@scottcbusiness/why-i-sold-all-my-hex-8b609671
I know people get tribal about protecting their investments, but there are some projects that are not going down the right path. Please do let me know if there’s anything that must be corrected. Simply saying that I was wrong because the price went up isn’t an argument, and that’s what I’ve been trying to explain with all of this.
What do you think though? Is it hard to get the truth out about things like these when people need to protect their investments? What do you think about all this? Will you still invest in these projects? Let me know in the comments below and don’t forget to like, share, and subscribe as well!
**This is a LBRY first video meaning it shows up on LBRY at least 1 hour ahead of anywhere else.
Rachel Siegel aka CryptoFinally and I recently spent an hour discussing Steem, her MTV crypto expert episode, and the many blockchain social dapps that we both use. Check it out!
She also shares some interesting information about Uptrennd that many may want to double-check and look into themselves because it’s pretty concerning information. Watch the whole episode to find out!
You can find here on YouTube at https://www.youtube.com/channel/UCzPaGwO9MY5_xUNuwHEzR4Q on Steem at https://steemit.com/@cryptofinally and on Twitter at https://twitter.com/CryptoFinally
What platforms do you use the most? What are your favorite? What do you think about the Steemit acquisition by Tron? Have you seen her episode on MTV? Let me know what you think about this in the comments below and don’t forget to subscribe!
In this video I talk about where we seem to be at now in regards to individualism and collectivism and where I genuinely believe we should be taking it. It feels that the collectivism attitude has begun to overpower the individualism attitude whereas I believe we need more balance if not more individualism as that is what makes us unique and self-reflection, introspection, and self awareness are key to psychoanalysis and achieving self-actualization via self-fulfillment.
? You can also follow me on:
Twitter - https://twitter.com/Scottcbusiness
Facebook - https://www.facebook.com/ScottCBusiness
Instagram - https://www.instagram.com/scottcbusiness
LinkedIn - https://www.linkedin.com/in/scottcbus...
Steemit - https://steemit.com/@scottcbusiness
Minds - https://www.minds.com/scottcbusiness
SOLA - https://sola.ai/scottcbusiness
Whaleshares - https://whaleshares.io/@scottcbusiness
Sapien - https://beta.sapien.network/u/scott-cunningham/EFu6K8vTpdY4EXL4y
Discord - ScottCBusiness#5242
Lit - @scottcbusiness
#politics #debate #philosophy
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https://www.youtube.com/watch?v=D3ka_NTPm8g
It’s important to understand logos, ethos, and pathos as the basis for persuasion and how that factors into everyday conversation.
It’s also very relevant to the logical fallacies that I have been covering to better understand the base concepts of what each fallacy is corrupt in. Typically logical fallacies are a fallacious use of logos, ethos, or pathos in an attempt to confuse or manipulate someone
This is also a great explanation for this: https://examples.yourdictionary.com/examples-of-ethos-logos-and-pathos.html
Did this help you? Let me know in the comments what philosophy concepts you’d like to see covered in the future!
? Check out all my social platforms and relevant links ?
http://www.scottcbusiness.com
You can support me via ?
ETH: 0xE0d930a0aa8e57e037D749a868ade5682a34e88e
BTC: 3Bh49RK9GM6Q15a6q13MMfvMbrWihJMast
LTC: MRLLJe9Fywxq1f9ehjDDZNT8ar7MKx3ZS1
#philosophy #philosopher #education
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https://www.youtube.com/watch?v=ojYSKbsb0YE