N(FT)IKE

Be prepared because this is gonna happen a million times in the coming years: RTFKT is an NFT platform that operates in one specific domain and that’s the fashion world.


They’ve teamed up with Nike to launch an ultra-cool and likely ultra-expensive hoodie. That’s an NFT. But you also get a free [physical] hoodie with the NFT.



The drop is scheduled for July 21. Clone X and Nike Dunks Genesis CryptoKicks owners will be given priority access.


After minting the digitised hoodie, you can also get a real-world hoodie. It’s unclear how. But you’ll get it, fam.


I’d wear it. I kinda like it. But I’m fairly confident it’ll be stupendously overpriced.




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.

If you haven’t yet, consider using Revolut as a substitute to traditional banking.

The all-new Hyundai Ioniq 6 comes with its own NFT because of course it does

The crypto market is in a bit of a spot of bother at the minute and yet every company in the world – it seems – is jumping on the NFT bandwagon.


They usually do one of three things: 1, they team up with a celebrity to launch an NFT or 2, they ‘drop’ a collection of standalone NFTs that you can buy or 3, they create NFTs that you get along with a physical product. In one way or another.


Hyundai chose option 3 for the all-new Ioniq 6, the ‘electrified streamliner’ (that kinda, sorta, vaguely looks like a Taycan, don’t kill me for saying that) as they call it. In short, they created NFTs for Ioniq 6 owners, giving them access “to exclusive experiences and utilities”.



The collection consists of 5,000 tokens in total, divided into six different themes: Fun Driving, Stress-Free Driving, Work, Socializing, Healing and Entertainment.


So what exactly does that mean? You can probably get to go to a party in the Metaverse, or possibly in the real world, if you own an NFT.


Maybe.


Can we get some free ‘electric fuel’ instead? No? Yes? No? Okay. Had to ask.



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.

If you haven’t yet, consider using Revolut as a substitute to traditional banking.

Employees of one of most recognisable brands in the world can now get paid in bitcoin

Close your eyes and answer this question: what is the most recognisable brand in the world? Actually, I’ll rephrase: which company/entity/organisation has the most reconisable brand?


Not including brands whose logo include the actual name of the company, i.e. Coca Cola.


Apple’s half-eaten Apple certainly springs to mind. Then I’d say Nike’s Swoosh, Ferrari’s Prancing Horse and probably Rolex’s crown.


But when it comes to sports teams, I can’t think of anyone that did this better than the New York Yankees.


I apologise for the [probably] pointless and [definitely] wordy premise but the big news for us crypto-heads, crypto-nerds, crypto-geeks, crypto-nuts is that the New York Yankees has just launched something called the Bitcoin Payroll Platform, allowing employees to get paid in Bitcoin. More specifically, employees can opt to convert a percentage of their paycheck to Bitcoin.



According to NYDIG, a New York City-based crypto company, nearly 1 in 4 people in the U.S would be interested in getting paid in crypto, at least partially. That number goes up to 36% for people in the workforce under 30 years of age.


Which brings me on to a question I’d like to ask: would you feel comfortable receiving 100% of your salary in crypto?



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.

If you haven’t yet, consider using Revolut as a substitute to traditional banking.

El Salvador is officially the most visited country in Central/South America in 2022

El Salvador famously became the first sovereign nation state to officially adopt Bitcoin as legal tender back in 2021 and so far, the experiment hasn’t gone terrible well from a financial point of view, chiefly because the timing was quite bad.


The President of El Salvador, Nayib Bukele, essentially began buying Bitcoin at the peak and he hasn’t stopped since but, as we all know, crypto has been on a downtrend for months now and so the country’s overall investment is worth roughly one third of what it was.


This wild experiment made Bukele somewhat of a superhero in the eyes of the crypto community but legacy institutions, including the International Monetary Fund, obviously dislike and disapprove of what he’s doing.


Having said that, Bukele is a politician, and like every and any other politician in the world, his main concern is his domestic approval rate. And I’m not talking about polls, because those can be fake (and fakeD), I’m talking about the real-world consensus. In other words, do people throw tomatoes at him in the streets?


But that’s a problem for later. And more to the point that’s a problem for him, not the rest of the world.


In the meantime, however, his experiment certainly put El Salvador back on the map and the tiny nation can celebrate a small achievement because it is the most visited country in South America and Central America.


I guess it’s safe to say that we’re all rooting for El Salvador and I believe that if he keeps at it, 10 or 20 years from now, a lot of other countries will look at El Salvador and say, “why didn’t we think of that?”



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.

If you haven’t yet, consider using Revolut as a substitute to traditional banking.

RANT: the Euro is f***d. And it has been from the start

I wish to state from the outset that I was born and raised in a country that’s been part of the European Union from the start. It wasn’t even called that back then. When I was around 14 years old, we gave up our old currency and switched to the EURO and that’s where the trouble started.


I don’t particularly like the European Union, in fact I am now living outside of it and have been for about a year, but what I really, really dislike is the EURO.


There are many issues with the common currency, chief among which is the fact that the European Union Commission and the ECB are in love with this narrative where they act like they’re in charge of a nation, when they’re not.


This is the biggest flaw – or certainly one of the biggest – of every entity that runs the EU because the European Union is not a country and it will never be one. It is a forum where 27 countries with drastically different interests co-exist.


19 of the 27 countries that compose the EU use the EURO, plus Montenegro and Kosovo that have both unilaterally adopted it and use it as a de-facto currency at a state level.


Leaving these two aside, because they’re not part of the EU so what they do doesn’t matter from a policy-making perspective, those 19 countries have completely different economies.


The Federal Reserve has many, many, many flaws. But at least when it creates new policies and makes decisions, it does that for one country and one country only and that’s the United States. And yes, of course, I’m aware that the 50 countries in the U.S. are also different but it is not the same thing.


Why? Simple. The U.S. is a nation. The European Union is not.


People from California and Texas may dislike each other, and they do, but they share the same nationality, the same passport, the same federal government and institutions, the same anthem, the same national teams and speak vaguely the same language.


People from Italy, Greece, Germany and Ireland (four random examples) have nothing in common apart from the EURO.


The EURO is a failed project. It has been kept on life support pretty much since its inception and it is now falling, almost at parity with the U.S. Dollar, because the ECB and European Commission don’t have the power and the vision to make decisions about it. Not even the wrong ones.


Croatia will join the EUROzone on January 1, 2023 and I predict that the same thing that happened to my country will happen to them. You go to sleep and then you wake up and boom, just like that, your purchasing power has gone down. Your salary is the same, but the price of your groceries has doubled.


They can keep their EUROs, I’ll gladly keep my crypto and my RSD.


Rant over. Sorry. Normal service will be resumed as soon as possible.



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.

If you haven’t yet, consider using Revolut as a substitute to traditional banking.

Revealing my entire crypto portoflio in terms of % (July 2022 UPDATE)

Crypto influencers are usually eeringly transparent about how much they have and where. Good on them.


I personally don’t feel too comfortable sharing how much I have, and especially where, but I do think it would be interesting and useful to share the actual percentage(s) I’ve allocated for each crypto. A, because I wanna know what you think and B, ’cause I’m always curious to find out what people are investing in and why.


I have crypto holdings worthy of any mention (=crypto dust not included) spread across 7 platforms/wallets/exchanges. I got rid of one since the last update in Jan 2022 (for the year 2021).


Most of my portfolio is bitcoin. It used to be around 93.70% but now I’ve brought it up to 94.5%. ETH is still my second largest holding at around 2.5%, so the percentage of altcoins I hold is now at 3%, -0.54% down from seven months ago.


I may change my mind but for now, my plan is to keep liquidating all my altcoins except maybe four or five.


So what about the remaining 3$? Last time it was mostly in Ripple, Litecoin, Algorand and KAVA but I sold all my KAVA and only kept the first three. And they’ve all gone down in value so my Litecoin is now only 5% (used to be 10%) and Algorand and Ripple are 1 and 3% respectively.


I still hold yearn.Finance (0.97%) – mostly because liquidating my position would mean losing around 80% of my investment and I’m not planning to do that. I still have Polygon (0.67%), Solana (0.38%) and Dogecoin (1.20%), but other than that two things changed: DAI and NEXO.


When considering the remaining 3% of my portfolio that’s not ETH or BTC, DAI used to be 2%, it’s now 15%. As for NEXO, it went from 0% to 4% (of the remaining 3%) simply because I have to hold it to get the most benefits from the Nexo app. I also have a lot more CRO (now 2%) than I used to because I used the crypto.com card a lot.


I also have a position (0.90% for all of these) in MANA, Chiliz (CHZ), Cardano, Shiba INU, Santos, Polkadot, Axie, HBAR, BNB, Celo, 1inch, AVAX, AAVE, BAT, Chainlink, Uniswap and ICP.


Then I also have negligible amounts (around 1% of the remaining 3.54%) of Hive, Tron (TRX), Troy, PancakeSwap, BUSD, MC, HIGH, Santos, FARM (thanks to Publish0x!), Ampleforth, Ravencoin, Moss Carbon Credit, BICO, Badger Dao, IoTeX, Quant, Liquity, Enzyme, Enjin, Rarible, Cartesi, Mirror Protocol, Clover Finance, Gala, ARPA, Tellor, Numeraire, ENS, Voyager (worth basically zero at the moment) and Statera.



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.

If you haven’t yet, consider using Revolut as a substitute to traditional banking.

Let’s take a deep breath

Coinmarketcap reports that Bitcoin is on track for the biggest weekly gain of 2022 so far.


Which is a bit like saying that breaking your left arm is the best possible skateboard-related injury.


Okay. Bad analogy. But you get my point.


2022 has been eventful so far. The problem is none of the events that made it eventful were positive.


A lethal combination of bad market actors (Yo, Kwon), heavily centralised exchanges going bust (malice or incompetence, the end result won’t change) and the inevitable impact of human psychology dragged us down to this level.


Think about it. Bitcoin at 20k in 2017 had people go “wow! To the moon!”, whereas Bitcoin at 20k in 2022 make us panic and wince.


People constantly repeat the ‘not your keys, not your crypto’ mantra and I get that. I agree. But the truth is always in the middle.


I think the best way to go about it is split your crypto and hold it in 2-3 different exchanges, only the major ones, the ones that, on paper at least, are solid. And 2-3 wallets.


I stake whatever I can stake but I only pick coins and tokens based on analysis. Not sentiment.


And I keep most of what I have in BTC anyway.


And, crucially, I try my best not to be greedy.


I reinvest some of it, and spend some of it. Mostly on coffee. But that’s a different story.



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.

If you haven’t yet, consider using Revolut as a substitute to traditional banking.

The fundamental problem with ponzi schemes, and why people keep falling for them

Bernie Madoff pulled off the largest Ponzi scheme in modern history, and he arguably paid the highest price for it.


But Madoff is the tip of an iceberg that has always existed, and will always exist because people are people, and they do what they do.


We often underestimate the power of human nature. We think that anything can be taught, and if it’s a bad thing, we want to believe that it can be rooted out.


It would be wonderful if that were the case. But reality is different.


“Why do people keep falling for these scams?”


It is an understandable and logical question. But the answer – and it’s an easy one by the way – is something we don’t wanna hear.


We fall for that because we are fallible. That’s never going to change. And Ponzi schemes feed that specific part of our psyche that makes us believe that yes, we can get rich easily and quickly.


“Yes, everyone else got scammed but this is different. I’m different.”


This, of course, is naive and wrong. But some people will always think that. Just like some people will always think that drinking beer with ice cubes in it is acceptable.


I’ve been thinking about this because, like most of you, I heard that news that Ruja Ignatova, the founder of OneCoin, has made it to FBI’s most wanted list.


Unfortunately, the chances of her being caught are still slim.


And even then it is probably only going to happen if she makes a mistake.


She scammed people for billions of dollars. Most of which ended up in her pocket. And she fled while she still could.


I bet she is unrecognisable. I bet she now has a dozen different identities. I bet she’s living off the radar in some forgotten territory or micro-nation.


I hope she get caught. And more to the point I hope that people who lost money can eventually retrieve at least some of the funds they lost. But this is unlikely. Unfortunately.


We can, and must, do anything in our power to teach people how to avoid these things.


And we should never make the mistake of thinking we’re immune.


Everyone’s ‘too smart for this’ unless they realise they’re not.



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.

If you haven’t yet, consider using Revolut as a substitute to traditional banking.

Let’s talk about GoodDollar.org and GoodDao

If you wanted to cut a very long story very short you could simply say that GoodDao is a decentralised autonomous organisation (that’s what the acronym DAO stands for) designed to run GoodDollar, a form of crypto-based UBI, which stands for Universal Basic Income.


And this begs three questions: what is a DAO, what is UBI and what is the connection here?


Sit down, grab a cup of coffee and hopefully we can clear this up with a three-part answer.


About the DAO


Both private and public companies rely on hierarchies of executives: nothing happens without the CEO’s say-so and, in the case of a public company, the shareholders’ approval.


This is obviously heavily centralised and as whole point of crypto is decentralisation, a different system was needed. That’s exactly why DAOs exist.


You can think of a DAO as a public company with no CEO and no executives. You and I are the shareholders and we make the decisions.


The structure is more democratic. And this is in the literal sense of the word, without necessarily adding or subtracting moral meaning to the expression.


Any member of GoodDollar can vote. And some members can make proposals. This is based on the amount of GOOD, GoodDollar’s governance token (more on that in a second), you own. Any member who owns over 0.25% of the total GOOD supply can make proposals and any other member can vote.


On top of that, the GoodDao uses blockchain-based smart contracts, which means you don’t need to trust the other party to do the right thing because the contract itself is programmed to do the right thing. And it can’t be changed.


About GOOD


The initial batch of 96 million GOOD tokens will be distributed among claimers (50%), Trust stakers (25%) and holders (25%). After that, there will be an identical annual allocation.


And we hear you, we hear you. But wait a second – you say – owning GOOD is basically like owning shares of a company so how do you make sure the system stays decentralised? Easy. The GOOD token has a fixed value of 0 because it can’t be traded. Yup. Zero.


This is designed to encourage people to hold on their GOOD tokens if they believe in the project, not just because they’re looking to make a quick buck.


About UBI


UBI – Universal Basic Income – is a form financial income designed to meet a person’s basic needs. The idea is gaining traction, especially now that we’re heading towards a reality where technological advances will inevitably automate a lot of jobs out of existence.


The case for UBI has been made a million different times in a million different ways and form, in different geographies but, so far at least, it has never been seriously tried with crypto.


Crypto-based UBI is also aiming to solve another issue by empowering people who live in areas of the world where the banking system is failed or dysfunctional.


With GoodDollar, all you have to do is log in to your account once a day and tap a button.


We’re laying the foundations for something that can, and should, and hopefully will, grow and thrive. Giving people the opportunity to be in charge of their own financial means.



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.

If you haven’t yet, consider using Revolut as a substitute to traditional banking.




Anything is currency, anything is a commodity. Why are we surprised?

A little over a month ago, I was able to attend a Web 3.0/crypto conference in Belgrade, Serbia and to cut a very long story very short, on the third and final day of the event, I managed to walk home with a box full of energy drinks as well as cans of top notch craft beer.


I don’t necessarily go out of my way to find energy drinks but I’ll have some if it’s available. BUT I’m definitely into craft beer so that meant that for a few days after the show, I didn’t have to worry about buying beer.


Beer, dare I say, is a precious commodity. To me, it is.


One of the dumbest arguments that we hear when it comes to crypto is “oh it’s actually worthless because it’s not backed by anything.”


And yet that’s exactly what the U.S. Dollar, or any other currency for that matter, is: an inherently worthless commodity that we accept as having value.


FIAT money, and especially the U.S. Dollar, is the most widely accepted form of currency but mechanically, it is just like the cans of good beer that I had.


The only difference, an admittedly huge one, is that everyone agrees the U.S. Dollar has value, not everyone agrees that beer has value.


I’m using beer as an example but you could replace it with anything. Let’s say I want to hire you for a job that’s worth $100, and let’s say I offer to compensate your work with $100 worth of your favourite brand of mineral water, or chocolate, or whatever it is you consume.


I guess some people wouldn’t go for that but why? We drink water every day. We need water today just like we needed it yesterday and just like we’re gonna need it tomorrow.


Humans have been transacting with one another since the dawn of time but money as a concept has only been around for around $5,000.


Before that they used barter.


I’m not suggesting we should get rid of the U.S. Dollar and replace it with beer, all I’m saying is that anything that anyone, ever, accepts as a form of payment only has value because both parties, the seller and the buyer, the taker and the giver, have agreed that it does.


I guess what I’m trying to say is, I’m available for hire, and I accept beer as a form of payment.



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