NO, the digital YUAN is not a cryptocurrency, it’s the exact opposite

It seems these days any conversation about cryptocurrencies and bitcoin with people who are new to the crypto world ends up with comparisons to the digital YUAN and other proposed digital currencies that various world governments are working on. I don’t blame them, I blame, as ever, the media. Earlier today, I received not one but two notifications on my phone from not one but two crypto news apps with headlines about the digital YUAN and on both occasions, I rolled my eyes and thought “what is this bit of news doing here?”.


People who are new to the world automatically compare bitcoin and digital currencies such as the Chinese YUAN because they think “well, they’re both only virtual, they must be comparable”, and media outlets fuel this with stories where they make it sound like these two things belong to the same conversation. They don’t.


The digital YUAN is a fully (heavily) centralised, government-issued, government-backed and government-controlled currency, bitcoin is none of those things. If you’re reading this you probably know this, and perhaps you share my frustration. And it doesn’t end there because, and I’ll do my best to leave politics out of the equation, there’s another major issue we gotta talk about: social credit.


China has a social credit system, this is a fact, which basically categorises citizens based on how well they behave. I personally think this is absolutely insane, but you’re free to develop your opinion on that. The point is, China can, and probably will, tie the digital YUAN to the social credit system, which means that they can ban citizens from purchasing goods and services based on what they say (perhaps about the government) or did. That’s never gonna happen with bitcoin. In fact, that’s exactly what bitcoin is for. You own your bitcoin, and no one can take it or corrupt it.


Sorry about the rant. Normal service will be resumed shortly.


I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, Xmr, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13


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What does the future look like for Ripple (XRP)?

A few years ago, I bought some XRP and then forgot all about it. I never sold, not even when it reached a new ATH of 3.84 USD on 7 January 2018. I spent years holding and hodling and ignoring everything that was going on in the crypto world, the only thing I did was basically made sure my crypto holdings were safe. Then, a few months ago, I decided to proactively get back into the crypto world and that’s how I found out about – sorry I’m late – the ongoing SEC lawsuit against Ripple.


Back in 2020, the U.S. Securities and Exchange Commission filed a lawsuit against Ripple Labs, the company behind XRP, arguing that XRP is actually a unlicensed security, not a currency. Ripple Labs originally designed XRP to solve the problem of trans-continental money transfers, because they’re expensive and slow.


Because of the lawsuit, many exchanges, including Coinbase, delisted XRP and the coin has since been hovering around the $1 ppc mark, until the recent dip/crash, when it dropped to $0.85/0.90 per coin. A couple of months, Brad Garlinghouse – CEO of Ripple – said they’re making “good progress despite a slow-moving judicial process”. And then more recently, Ripple lawyer said he’s confident the whole saga will come to a conclusion in Q1 2022 / Q2 2022.


It’s easy to predict a downtrend in case of an unfavourable outcome and a surge in case the lawsuit is dismissed or won by Ripple but what’s gonna happen after that? At one point, XRP was the third largest cryptocurrency by market cap and to be honest I don’t see how it could ever get back up there. What are your thoughts?


I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, Xmr, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13


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According to market research, 72% believe technology makes the world a better place. What are your thoughts?

This year’s edition of CES (Consumer Electronics Show) is underway in Las Vegas and Bosch, the multinational engineering and tech giant, has used the occasion to publish the results of a market research the company has conducted. According to the study, 72% percent of people surveyed believe technology makes the world a better place. Would you agree?


I’m not so sure. More to the point, if we’re talking about the way we conduct business, the way we perform certain tasks and so on, then yes, technology makes the world move faster and more easily and therefore one might argue that it also makes it better. But I don’t think technology makes us better, because I think that from a social point of view, things don’t look too good. With one exception: enter crypto.


Most people get into crypto because they see it as an easy ticket out of poverty and that’s often true. But the more they dig and study and think, and the more it becomes clear that the true value of crypto is the underlying technology. Power corrupts, by definition. And so far we’ve relied on governments and banks, but with crypto, we don’t have to rely on trust or benevolence because we know that for the most part, what you can or can’t do with crypto is dictated by, well, math. And it can’t be corrupted.


Maybe I’m just looking at it with rose-tinted glasses but I do believe but certain aspects of our lives will get better with crypto because it removes the incentive to misbehave. Am I making sense? Or is it the fact that I haven’t had my coffee yet? Let me know what you think in the comments.


I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, Xmr, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13


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3 cryptos that are currently undervalued (in my opinion)

I need to preface this by sharing my opinion on bitcoin. In my view, bitcoin is and always will remain the most important cryptocurrency in existence. It’s where it all started, it go so big and so fast and even though it came close to failing a couple of times, it never did. I’d never call it overvalued, even if the price got to a trillion dollars per coin. I’d still call it undervalued.

Before I put my money in coins and tokens that aren’t ethereum or bitcoin, I always ask myself three questions: what’s it for? Is there a problem that this coin solves? And is the current realistic?

There are a few coins/tokens that I think are undervalued, so I thought I’d take a minute to list them here and explain why in a few simple sentences.


1. Algorand (ALGO)


Current price: $1.67 (at the time of writing)

Why is it undervalued? Algorand is much faster and cheaper than most alternative coins and tokens, which makes it ideal for transactions. Let’s say I wanna buy a watch you’re selling and say I wanna pay using Algorand, from the second I hit ‘send’ and confirm the transaction, it literally takes more time for you to remove your wristwatch and give it to me, than it takes for the transaction to arrive. On top of that, you don’t have to stake or lend your Algo to see your balance appreciates in time, all you gotta do is deposit Algo into an Algorand wallet, and that balance will automatically grow by 3-6% on a yearly basis.


2. Chiliz (CHZ)


Curret price: $0.3121(at the time of writing)

Why is it undervalued? Chiliz is the currency that’s used to transact and operate within the Socios.com platform, a space designed for sports enthusiasts, allowing them to win prizes (tickets, signed merchandise and kits and so on), as well as have a say in the decisions of sports teams. The thing is, most people are into sports. Virtually every and any sports team can partner up with Socios.com, and Chiliz represents that world and that potential.

3. Polygon (MATIC)


Current price: $2.52 (at the time of writing)

Why is it undervalued? Matic allows you to do pretty much everything you can do with ethereum but it’s a lot cheaper and more efficient, it’ll never surpass eth, and it’ll never beat, but 2.52 vs 4.7k? It sounds a bit undervalued to me.


What do you think? Are these undervalued? Are there are any other coins/tokens that are undervalued? Let me know in the comments below.


I’ve crossposted this article on Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free, and on Foodtribe.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, Xmr, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13


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The biggest lesson I’ve learnt hodling crypto? How to be patient

By nature, I’m not a very patient person. It’s one of my failings. One of many, I’ll admit. But for reasons that sometimes I can’t explain – even to myself – being patient with crypto comes relatively easy. The closest I ever got to selling due to uncertainty and lack of patience was March 2020, but I still didn’t.


That’s actually a complex conversation, and one worth having, because learning to live with – and through – crypto’s volatility is one of the driving factors for adoption. As more people get in and regulations come, the price will stabilize, but at the moment, the price is still moving ‘sideways’, with short, massive spikes and extended periods of ‘red’, because people who aren’t used to it buy some, they see a -30% or -40%, panic-sell to cut their (perceived) losses, helping the bear stay asleep.


Sometimes friends ask me how to invest in crypto, and I always tell them 1, nothing beats BTC and ETH even though they look expensive and 2, if you decided to buy some, start small and don’t panic when you see a massive drop, which it will. It’s normal. Just another day in the crypto space.


How about you? Are you patient by nature or has crypto helped you?


I’ve crossposted this article on Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free, and on Foodtribe.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, Xmr, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13


Get a discount on Undone Watches

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Get free crypto when you make your first deposit on BlockFi

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Pepsi gave away some NFTs to celebrate its birthday, were you lucky enough to get yours?

A couple of weeks ago, PepsiCo. dropped 1,893 NFTs* to mark the brand’s birthday (founded in 1893). And I know, that’s a random anniversary (128th) to celebrate but I think they did it just because they want some skin in the NFT game. All but 50 NFTs were given away to fans who’d signed up to get them, they were given away for free and fans only had to pay for gas fees**, while the remaining 50 will be held by Pepsi for future projects.



The ‘Pepsi Mic Drop’ waitlist opened on December 10 and the NFTs, created in partnership with VaynerNFT, became available four days later. I haven’t checked, but I’m 100% sure that those NFTs probably went up in value and beside that, it tells us that legacy brands have a strong interest in the growing market, and it makes it easier (for them) that they have a resounding name to bank on.



I’ve crossposted this article on Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free, and on Foodtribe.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, Xmr, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13


Get a discount on Undone Watches

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Get free crypto when you make your first deposit on BlockFi

Get free BTC for your first deposit on Coinbase or Binance

Get free diamonds use my CoinmarketCap code

The latest staking product on Binance

There’s a million platforms you can use and people tend to have polarised opinions on this and to be honest, I don’t really see why. Broadly speaking, you go to places like Coinbase or Binance, which are very obviously more centralised, when you want a good compromise with a platform that allows you to manage new assets with a more, let’s say, old-fashioned tool. You go to full-on DeFi platforms when you A, are a lot more prepared and B, you feel comfortable taking 100% of the risk of managing your assets. These two things can coexist.


I think Binance is a great platform to blend decentralised products with a safety-first approach, you don’t need to be a software engineer to buy some crypto and stake it on Binance, and I think the risk-benefit ratio is actually optimal.


I like Binance, and I’m not gonna pretend I don’t, and the latest staking product I’ve used involves FC Porto tokens. I’m into sports, specifically football (or soccer, if you’re reading this in the U.S.) and F1, and I think there’s huge potential in that. Sentiment surrounding football clubs tend to be humoral and whimsical. You win, the price goes up, you lose, the price goes down. Rumours about a great footballer joining the roster, price goes up, rumour about a great footballer leaving the club, price goes down. FC Porto are one of the three top clubs in the Portuguese ‘Primeira Liga’, which means it’s a great club but it is also (for the most part) exempt from scandals that routinely shake other major leagues like the Italian Serie A. That’s a good thing, the way I see it, because it saves you from the Black Swan event that might lose you XY %.


It is also a winning team. Year on year, FC Porto are either winning, or competing to win, which is good. It means that an FC Porto token will potentially go up and down over time, but always within a… comfortable range.


Binance has just launched a 10-day staking programme for the FC Porto token, with a 40.something (I think it’s 40.5%, if memory serves) APY. I’ve bought $25 worth of FC Porto token to give it a shot, worth around 8 tokens. I’ll keep you posted.


In the meantime, the only question now is… where’s my Lambo?!


I’ve crossposted this article on Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, Xmr, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13


Get a discount on Undone Watches

Get a discount on your first Glovo order

Get free crypto when you make your first deposit on BlockFi

Get free BTC for your first deposit on Coinbase or Binance

Get free diamonds use my CoinmarketCap code

What is the Byzantine General’s problem and why is it important?

People have called bitcoin an asset, a property, a currency, a speculative investment. I think it can be all of those things but more than anything, bitcoin is a technology, or rather an instrument built on a technology, that we’d never seen before. And that’s why it’s important.


Before he, she or they disappeared, Satoshi Nakamoto said that bitcoin solved the Byzantine General’s Problem, also known as Byzantine Fault. And it (bitcoin) solves it, in a way that’s mathematically impossible to alter or corrupt. But what is the Byzantine Fault and why is it so important?


The name is derived from an allegory that describes a scenario where, in order to avoid a fatal mistake, the actors in the scenario must agree on a strategy. And here’s the kicker, you can’t guarantee that all actors will be reliable.


If the general says ‘attack’ and all soldiers attack at the same time, the battle is won, but how can you trust all soldiers to actually do what they said they would?


By implementing proof-of-work, bitcoin transactions are verified in a way that makes it impossible to say you’ve verified the transaction when you haven’t. And the Byzantine Fault will be overcome, so even if some of the soldiers don’t intend to attack, the end result will still be verified.


It’s kinda hard to understand, and even harder to explain, so please do feel free to correct me and/or add your thoughts/explanation in the comments.


I’ve crossposted this article on Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free


Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13


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The single most important mistake to avoid when sending crypto

Too often, people lose money in crypto because they transfer their balance from wallet/exchange to a different, unsupported wallet/exchange.


This is a huge deal, and it’s likely to become bigger as more blockchains and networks are created, and more people get into the space, and more exchanges are regulated and begin operating. This used to be straightforward back when we basically only had bitcoin and its native blockchain and everything else was sort of… irrelevant, but now you’ve got a bunch of different coins, tokens and blockchain and on top of that, you also have tokens that operate on different networks.


I realised this because earlier today I transferred some Tron (TRX) from one wallet to another and I had four (!) different network options, TRC20, BEP2, BEP20 and ERC20.


One of the most common mistakes happens with the Polygon network, which is unsupported by (among others) Coinbase, one of the largest and most commonly used exchanges. The golden rule is to always triple-check whether the token/coin you’re sending is supported by the platform/wallet you’re sending it to, on the network you need to use to send it, and always start with a small transfer to quadruple-check.


What do you think? Have you ever had that problem?


I’ve crossposted this article on Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free


Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13


Get a discount on Undone Watches

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Get free crypto when you make your first deposit on BlockFi

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Crypto.com teams up with Angel City Football Club in Los Angeles

The other day I wrote an article about my experience with crypto.com and some comments were a bit harsh, it seems a lot of people find the platform very easy to use, which I don’t, but hey, to each their own. Having said that, I find crypto.com fascinating mainy because their marketing strategy intrigues me. Their marketing strategy: spending as much as they can on as many things as they can. Kidding.


But all jokes aside, after the $700mln deal for the Crypto.com Arena (formerly known as Staples Center), the company has now teamed up with Angel City Football Club, which is the female football team of Los Angeles. They say they want to encourage “financial education, independence and financial empowerment” for women. It’s an interesting that they call it a ‘football’ team because Americans famously call football soccer. But that’s a different conversation altogether.


Julie Uhrman, co-founder of Angel City Football Club, said that Crypto.com will help “educate our community and players on crypto and allow our players to use the power of NFTs to connect with and create a deeper relationship with their fans.”


I feel like these exchanges, platforms and wallets are competing to become the Google and Amazon of web 3.0. What is your favourite? Let me know in the comments below.



I’ve crossposted this article on Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free


Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13


Get a discount on Undone Watches

Get a discount on your first Glovo order

Get free crypto when you make your first deposit on BlockFi

Get free BTC using my Coinbase code