What the FUD is FootballCoin?

I just got back from a trip to Venice with ‘the boys’ and one of them mentioned FootballCoin.


“I’m telling you, man,” he said. “FootballCoin is the next big thing.”


It definitely absolutely probably isn’t. But still. So I humoured him and asked him to explain. Which he couldn’t do. But I was still curious so I Googled it and tried to find what the fuss is about.


In short, FootballCoin ($XFC) is a glorified and blockchainified (I made this word up) version of a video game that some of you may have played called ‘Football Manager’. They say it “gives you the chance to showcase your managerial abilities by allowing you to create your perfect football team.”


It operates on the BEP20 (Binance) chain and it is mostly available from WhiteBit.


The price (at the time of writing) is $0.008 with a 24-hour trading volume of around $120,000. The market cap is a little over 3 million, max supply 374 mln.


So the question is: should I buy some?


The answer is probably not. But I’ll keep an eye on it.



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, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit CoinbaseCrypto.comWirexNexo or Binance

Use this link to get free diamonds use my CoinmarketCap code.

Advertisement

Binance v Nexo v Crypto.com v Coinbase: survival of the… ?

Binance, Nexo, Crypto.com and Coinbase have been operating in the same space and competing for the same customers for a few years now.


They’re different flavours of the same soup. Like different versions of the same IPA from different Breweries.


On paper, all four provide staking/earning products, all four offer a debit card, all four are more or less user-friendly and all four require KYC. But having used all four for a while, I’ve come to believe they’ve got very little in common.


Let’s start with Coinbase. It is the most user-friendly (imo) and the go-to place for crypto if you’re just getting started BUT there’s a long list of BUTs.


BUT. Coinbase says you can earn interests on a few cryptocurrencies through the website (not talking about the wallet) but I’ve tried with Tezos and it didn’t really work so I ended up sending it to my Binance. BUT. It also has a debit card but the fees for using it abroad, as in outside the country where you’re KYCed, are obscene.


Binance is the complete package because it does a bit of everything. You can earn higher interests for some coins on Nexo but Binance does staking, it has its own debit card, and it combines traditional exchange features with proper DeFi products. It also has relatively low fees when compared to other three.


The way I see it, Crypto.com spent way too much money on marketing and found themselves in a bit of a pickle. They offer a sign-up bonus, same as Coinbase and Nexo, but you can’t actually use it unless you stake $350-400 worth of CRONOS, which is not exactly pocket change. On top of that, they’ve notoriously slashed cashback rewards, which means that they’re base-level card is now just another card.


Nexo is probably my favourite. Their token is a lot more stable than CRONOS, and unlike other equivalent platforms they give you higher interest rates on your crypto if you allocate 10% of your portfolio to their token. And allocating a percentage point rather than a fixed mount makes more sense, especially for people who don’t have hundreds of dollars to throw around.


They can coexist, and they can all keep thriving after this bear market phase is over. But when it comes to business decisions, mistakes outweight smart moves. In other words, there’s no point coming up with one brilliant idea if you make ten mistakes right after.


Crypto.com certainly made more mistakes than the other three. Binance only made one mistake (Terra Luna) but it was damn near lethal. Coinbase and Nexo seem to be treading more carefully.


So who’s gonna win?



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, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit CoinbaseCrypto.com, Nexo or Binance

Use this link to get free diamonds use my CoinmarketCap code.

I received the LUNA 2.0 airdrop, now what?

Like most people here (power of deduction) I was hurt by the Terra LUNA disaster and lost some cash. I didn’t hold any LUNA at the time of the crash but I did have some UST, which is now worth around two beers.


A few days ago, most major crypto exchanges announced they would support the LUNA 2.0 airdrop, including Binance, which is where my UST was being staked.


Binance temporarily suspended all operations regarding LUNA and UST and a few days later (yesterday), I received around half a LUNA (not sure why) and the equivalent of what I had in UST in UST Classic, which is now worth one beer.


So the question is: what now?


No one knows for sure what’s gonna happen with LUNA but I agree with all those who predict that investors will simply try and get rid of their LUNA and UST, trying to recoup part of their investment, which will inevitably drive the price down and keep it there for a while. And I agree that faith in the project might be lost forever.


Fortunately, I didn’t invest life-changing money in UST, so whether I get my full investment back or not will change my day but not my life.


A few days ago, I argued that Do Kwon will eventually have to do more or less exactly what investors want him to do. Pressure will increase and as investors lose patience, it is going to be increasingly difficult for him to bull*hit his way out of this situation.


The problem is we’re now looking at a -45 billion dollars on our collective balance sheet and even if we managed to get some of our money back, which in my opinion we eventually will, it is highly unlikely that we’ll ever witness a resurrection of LUNA.



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, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit CoinbaseCrypto.com or Binance

Use this link to get free diamonds use my CoinmarketCap codePosted

Here’s why this year’s Super Bowl is such a big deal for crypto companies

This year’s Super Bowl will likely go down in history as the ‘crypto bowl’, given the amount of dollars that crypto companies have invested in the event. It’s a world’s first, and we don’t know how it’ll play out. A wide array of crypto companies are on board, including top flight players like Coinbase, FTX Bitbuy and Crypto.com.



The Super Bowl is arguably one of the most important sports events of the year – every year – partly because of the huge marketing machine that keeps its wheel in motion, and also because Americans are famously (some would say ‘notoriously’) extremely talented at turning everything and anything into a spectacle. No one does hype and no one harnesses the ‘wow’ factors like Americans do.


This is part of what makes the Super Bowl so relevant and intriguing even to people who normally couldn’t give a toss about the sport that’s being played on any other day. Kinda like the Fifa World Cup, the Winter Olympics and the Six Nations Rugby Union Championship. These events sort of supersede the impact of the sport by also providing value to people who are into something else.


Advertisers have always provided the fuel to keep this 30-billion-dollar engine running. Automakers have historically spent a small fortune trying to outbid one another to secure a coveted 30-second spot during the halftime show and this year, it is estimated that companies will spend as much as $6.5 mln for a 30-second ad.


And it isn’t the usual, boring, B-roll-focused ad either: they usually throw everything but the kitchen sink at it, hiring celebs to star in their commercials and screenwriters to write the script. I remember Kevin Hart’s hilarious Hyundai ad, Will Ferrell wanting to ‘declare war’ on Norway to beat the most EV-friendly country at the electric car game [with General Motors] and even some cringey ones like the ad starring Bruce Springsteen and Jeep.



I believe we’re seeing a sliding doors scenario here because the car industry is in trouble. Automakers aren’t spending as much on marketing these days because they have other priorities and because profitability has become a Chimera. In the meantime, crypto giants are now investing huge sums of cash in marketing.


I don’t know what to expect but as somebody who’s equally passionate about cars and crypto, I’m gonna stay up until 0:30 AM CET time to watch the Cincinnati Bengals take on the Los Angeles Rams in the Super Bowl LVI. Not because I care who wins, but because I want to see how car makers and crypto brands play their cards in the halftime show.



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

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit CoinbaseCrypto.com or Binance

Use this link to get free diamonds use my CoinmarketCap code

Exchange vs Wallet: PROs and CONs

I gotta be honest with y’all, the ‘not your keys, not your coins’ mantra is absolutely important. It’s useful. You must know that, you must remember that. But if you’re new to crypto, and I’m assuming the goal we want to achieve is to get as many people on board as possible, exchanges are much better because they’re faster (in terms of user experience, not in terms of transaction speed), and easier to use. I thought it would be interesting to put together a list of PROs and CONs about Exchanges and Wallets, and list the major differences.


Exchange: PROs


The biggest advantage of an exchange is that it is user-friendly and much better if you’re new to crypto. There’s no doubt. Ask anyone that’s never owned or dealt with crypto before to download Metamask and they’ll be like ‘what the heck is that?’, ask them to download Coinbase and they’ll be like, “okay, it seems easy enough.”


Another major advantage is that exchanges generally allow you to convert between coins and tokens that operate on different blockchains, that’s because these transactions happen off-chain. Imagine having to transfer ETH from Exchange A to Exchange B, it’d cost so much in fees and it’d be relatively slow. Whereas if you convert that ETH into, say, Algorand, (provided both Exchanges support Algorand of course) before you send it the transaction will be instantaneous, and basically free, and 30 seconds later you can convert it back to ETH on the new exchange you send funds to. The third advantage I can think of is that you can easily top up and withdraw funds from your account. You can do that with wallets as well, but it’s usually a bit more complicated.


Exchange: CONs


The main issue with exchanges is that it is, technically speaking, true: you don’t own your coins. The exchange can be hacked, it can go bankrupt, etc. Obviously, this is a much bigger risk if you’re dealing with a dodgy exchange, whereas major exchanges such as Coinbase or Binance are usually well preotected and provided you use a complex password, 2FA, etc, your funds should be safe. But it is true, they’re not technically yours, and they’re not theoretically 100% safe.


The second most important disadvantage I can think of is that exchanges do not, generally speaking, provide true DeFi services. Most exchanges provide some form of ‘Earn’ products and some even allow you to stake, but it’s not 100% decentralised.


Wallets: PROs


The biggest advantage with wallets, by far, is security. If you can learn your seedphrase by heart, it is virtually impossible for anyone to gain access to your wallet. There’s no way anyone can ever do that, short of forcing you to give up your keys (ie, by force), it just can’t be done.


Another major advantage is that with wallets your financial experience is truly decentralised, allowing you full access, and control, over your funds and the things you can do with them.


Wallets: CONs


I can think of two major drawbacks. One, and this is quite obvious, if you lose your private keys and seedphrase, no one can help you. It’s important to understand this because I know that most people on this website already know this, but newcomers generally don’t, and it takes some time to process the information. And then two, should you choose to cash out and withdraw your funds, for any reason, there’s no doubt that is much easier to achieve with exchanges, some even offer debit cards, whereas you can’t really do that with wallets.


Do you normally use wallets or exchanges? I use both. If there’s anything you wanna add to the list, do let me know in the comments. Thank you.



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

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit Coinbase or Binance

Use this link to get free diamonds use my CoinmarketCap code