All right, let’s jump into this. That’s fine. Another coin to talk about, we talked about shoe sheet sushi swap the last time. Um, excuse me. Let’s go to do, do, do, do, do, do, let’s go decentral land. I bought a few of these. Uh, let’s see. I don’t know a wallet.
Yeah, so I bought a hundred dollars they’re worth, or about 324 of them. They’re worth, uh, $300 now. So what I’ve tripled my money. Give or take, um, the white paper. No, that’s not what I wanted. So get the white paper. So it’s a blockchain versus virtual world. Um, let’s see how many pages they have of this.
So yeah, if you want to learn more about it, like, uh, go in depth, Al, I’m going to read this later, but I’m not going to bore you guys with 14 pages of me reading. Now that’s just successive, but, uh, I will make another video of, of just basically the synopsis of that, but let’s go check out their website. So what first let’s look at this. Their market cap is 1.6 billion circulating circulating supplies. 1.6 billion, uh, their 24th most held on Coinbase. People usually hold it for 13 days. Uh, trading activity presented of corn Coinbase customers who increase or decrease their net position over the last 24 hours. So it is, uh, basically 50, 50. Welcome to de-central land. Explore, lose yourself in amazing evolving world. Okay. Test limits of your own imagination.
Okay.
You want to win some prizes over here? Um, for virtual destinations, for digital assets, buy, sell, land estates, avatar, wearables, and names, and de-central marketplace stocking the very best digital goods. So what is it? The NFTs or whatever. What else is this? Uh, can decide where to start more events
Hmm. All right. It looks kinda like it got it’s like Asian. The only reason I say that is just because I see like a lot of Asian letters or characters, Sierras, the NFTs, but this is a yesterday. This is last year. Cause this is Oh, no, no, no, this is coming up. So this is coming up. All right. So yeah, they have a lot of everything
Yeah. So, uh, as it says, right here, welcome to the virtual worlds. One stop shop for the very best digital assets. Um, yeah. So NFTs, if you want to buy and like basically, uh, it’s a huge market now it’s getting bigger and bigger. So if you want to buy an MTS is the place to go. I’m not understand. I don’t understand why this hat what’s so important. I don’t get it. It’s 300 of little coins, I guess what what’s so what’s so great about this hat. I don’t understand why. Um, I, I don’t get it. Um, I don’t understand. I mean, what do you do with it when you have it, but there it’s big money, I guess like this, I don’t know what, what this is. This means absolutely nothing to me. However, it means might mean something to you. If you’re watching this video, you know what I’m what it is. Uh, hopefully it’s important to you, but this literally means, um, means love you with my mobile life in Chinese.
Yes.
Um, I sure. Great. I exactly. That’s exactly what I thought when I saw that. So I, um, see what builder it looks like you don’t have any scenes. Oh, okay. So I can A new description test a name or task named scription test. What is what, okay. Yeah, that’s fine. All right. So look, we get to, so, okay, so you get to make some stuff and then you get to sell it.
Maybe wash what’s going on.
You see I’m over here. Pushing buttons. Nothing seems to be working
Search assets.
So I it’s an Ethereum network. This is, I don’t know what’s going on. However, let’s, let’s do this one thing. Let’s check this because I have a feeling I’m going to have to, it’s just a weird world. It doesn’t make any sense to me, but let’s go
To similar web so we can Kind of get an estimation of how many people
Okay. Decentral land.com finance, uh, getting over a half a million people for, uh, four minutes. Most everyone. Okay. Well, I was wrong with the Asia idea. Most everyone’s coming from America or 31% their search. Okay. Okay. So yeah. So 23%. Yes. Makes sense. So over here you can kind of see what what’s going on. The corn market cap, Coinbase coin, gecko, product hunt, and get hub. Are there most referring sites? And then they’re going to Reddit, YouTube, uh, and a couple of different ones. Well, either scan and discord. Those are both other coins and this is decentral land something. I don’t know what that says, but you to make sense. And then right. It makes sense also because they’re going to just basically try to figure out what this place, what, what it is. Um, as you can see, they’re social, they’re big on Twitter And then just basically all their competitors. So, I mean, I, like I said, I I’m already invested in this. Um, I got 300 coins. Um, I’m not really quite sure what you, what, what you’re supposed to do on this website. Um,
I mean, yeah, you can create scenes and everything. I just, I’m not good enough to do it. I’d have to practice and then create a video on how to do this, but I, I’m still wondering, like, what do you do with the, so here we go, buy and sell land a stock in the very best digital goods and paraphernalia backed by Ethereum back, uh, blockchain. So ether, um, is switches a coin, um, is backing this, like I said, so, I mean, there’s a lot you can explore on. I’m not really, again, I don’t know where or why you would do this. Um, maybe I still don’t know, but
Yeah,
Let’s click this. What is this? Oh, we’ve already been here. So this is, this is nothing. This is okay. So, okay. Look at this. So here’s my test. So I mean, you have to sign in to it’s the same as the iCloud, but here’s a dog part, a new scene, the moon, the path of awakening.
Let’s see what this is.
So it says six parcel, 127 items. Um, okay. Wow. So look at where you can build.
Yeah. I mean, it’s nifty. I mean, it’s cool. Uh, again, I’m gonna reiterate, I don’t know why you would build this. What is it for? But it is a scene for something and I mean, you can go all the way around. So it was like graphic designs and things, but why, what, or who’s going to use this. So I’m confused on like, what’s the big purpose, but that’s what the white pages are. So give me a little bit, it’s going to take me a minute, but once I’m done reading the white pages, then I’ll make a video and explain to you guys what their white pages is, what, what this is all about. All right. Talk to y’all later on. And again, let’s go back here. So you know where we are, so you can go to Coinbase and this is decentral land.
Let’s talk about a different crypto coin or currency, however you’d like to, uh, phrase it again. We’re on Coinbase. Uh, that’s what, that’s the program I’m using at the moment to trade let’s check with the portfolio. It’s going up down all around. Not too concerned about it. Let’s go into, we’ve done ether. Um, we’ve done decentral land. We’ve learned a little bit about sushi swap Coinbase. And what is a stable coin? Let’s go into let’s. Let’s try this light coin. What is this? No, I bought some of this. It’s a number fourth, uh, popularity on Coinbase, the market cap of 13 billion. Look at that 83% or 83 day hold. That’s pretty decent. I means that, well, you can kind of do it for yourself. That’s they’re almost holding this coin for three months. So they’re looking at it more as an investment, instead of opposed to just trading a look at the buying activity, 54% buying 46% selling. Um, let’s see if they have Nope, they don’t really have any, anything special. Uh, this is February 2nd, so that’s, that’s really, uh, that’s really old. Uh, March 2nd, the digital look at that gray scale by 80% of all, like when mind in February.
So whoever, uh, we’d have to do some, some interesting, uh, more or less have to, uh, do some research on gray scale. See who gray scale is and see why did they buy 80% of all the mine coins at that point in time? Um, they might be thinking or, Oh, no, it’s a good investment maybe, which you have to see exactly why they bought that much. All right. Let’s check out their website.
Okay. Cryptocurrency for payments based on blockchain technology. Okay. That’s great. What is it? That’s what we want to know. Right? What is it is a peer to peer internet currency that enables instant near zero cost payments to anywhere anyone in the world like corn is open source global payment network that is fully decentralized without any central authorities in mathematics, secure the network and empowers individuals to control their own finances. Like corn features, faster transaction confirmation times and improve storage efficiency. Then the leading math based currency, which essential, substantial indices support, trade volume volunteered. It’s like corn is proven medium of commerce complimentary to Bitcoin. All right. So it’s literally, uh, just a way to make payments online. Um, I am a little confused on why they have so many different ways to just make a payment. I mean, what came in and so they’re like, okay, let’s all do it.
Okay. Here’s a nice little look at this. So minors are currently awarded with 12 and a half new light horns per block and amount, which gets half roughly every four years.
So they’re trying to look at that. They’re trying to produce 84 million, uh, light coins, which is four times as many as the cryptocurrency Bitcoin. That’s, that’s interesting to know. Even when I look out their community, they got there, they have a form, they have their Reddit, Twitter, uh, blockchain. I don’t want to go too much in blockchain on this, just for the simple fact that we’re not talking about blockchain. We are talking about cryptocurrency. What is source code for Ledcor and related projects are available? All right. So if you’re a programmer and you just, you want to like take some of their court, is there a code, excuse me, you can go to get hub and you can pull and push again. That’s if you’re not a programmer, I don’t want to go into that because that’s confusing. Um, if you seen yesterday on, on, um, either of them, either arm did the same thing. When you go to their white papers, it just takes it to a get hub. Now again, if you don’t understand get hub, that means absolutely nothing to you. So don’t worry about
It.
Um, let’s check out their foundation.
Their foundation looks more kind of like a store. I don’t know, maybe I’m wrong About us. Let’s see what they’re doing.
Well, um, Hopefully this is not a indicator of how they are, right? Because this is a terrible website. Their S their CSS is completely jacked up on this part. So let’s, let’s pretend that we never looked at that. All right. So let’s see, let’s see what their most expensive, So you can get a neon sign and you can also get some cuff links that are like coined for extremely expensive. I wonder, I’m really curious on, I doubt that they have, let’s see, I want to just see No match. Okay. Let’s just, This is their foundation. There’s no match. So this particular see we’re trying to All right. Well, they so far this, it might be brand new, but as of February, similar web has not registered like coin shop dot, like corn-foundation.org. Um, no, that’s, that’s the shop. This is the foundation. This is a news. This is learn. Let’s get back to their official website. Let’s see how many people are coming here.
So we’re getting a 300,000 people going to like corn per month. That’s that’s the website. We just looked at 18% of it’s coming from the United States. A lot of it’s coming from Russia and China. Ooh, that’s very interesting. Uh, Russia and China as being the number two and number three, um, take that however you want, but just understand that if you’re dealing with this, you’re gonna be dealing with Chinese and Russians. Um, that’s, I’m not saying that as a negative thing, because it may be, if you’re in Russia at that, you’re going to be dealing with a lot of Americans, or if you’re Chinese, you’re going to be dealing with a lot of Russians and Americans, right? So it goes both ways. I’m just in America. So I’m pointing that out. Uh, what I what’s concerning about this is that it’s only 38 seconds and there’s a 74% bounce rate. So that means that a lot of people that they’re coming to that, and then they’re just bouncing off. So they’re searching it because let’s not forget, this is the number four most held, but they’re not, they’re just buying the coin. I don’t think they’re very,
So yeah, if you look at it where they’re going, 30% went to the, the foundation. So if you kind of see where they’re going after this Electrum light coin wallet is Ukrainian. The light wallet.org is Russian and that’s United States. That’s United States. So that’s, and then, and this is India. So, uh, after going to lick to light coin, then they’re going to different, different light, or I guess, different wallets across the world. Um, that’s interesting. Uh, they get their most, their social from YouTube.
Yeah. Um, let’s go back to their open source. What is like horn download? No, let’s go to content or contact. Nope, not really what I was looking for. So here’s the light coin forum.
Let’s go to the latest. Um, so yeah, this is, this is a little concerning. If this is the re the latest article, I will says the latest activity was one hour ago. Okay. So you have to sign up. No, I don’t want to do that. Oh, now I’m stuck in here. Nevermind. Let’s get out of there. Um, I have to do a little bit more investigation as they don’t really have much. I understand why now, why they, why people would just bounce right off of this web, this, this right here. Cause there’s not really much of anything on this site. It’s on this page right here. It’s literally just nothing, not very clickable. You can read on it, whatever, but then their light coin shop. It kind of just seems like they’re kind of selling you stuff so that, um, Again, that’s a little concerning because it, and then when it’s like donate,
What am I donating for? Right. So that’s a, I don’t, I’m, I’m confused with this one. Um, I’m not really convinced let’s, let’s check this. Who is gray scale for one
So they’re, I mean, they’ve, they’re in, they’ve been in business for seven or eight years now. We’re in 2021. Uh, it’s a Disney digital currency group. So Where is their company? Just give me the
There was nothing really clickable. There it goes. Okay. All right. So the, so this is there, I guess the gray scales more for high net wealth people, if they want to get into investing in crypto or in, in digital currencies. Uh, cause it, it says right here, uh, you’re only available to invest, uh, accredited investors. So the normal people, you’re not going to be able to get into this. Uh, so that means basically there, when it’s only open to sophisticated investors, it’s, it’s usually because it’s really, really risky. I mean, there’s, there’s, there’s huge potential to make a lot of money was gray scale, but there’s also a huge potential that you might lose everything. So that’s why it’s only open to accredited investors. Um, but how much did they buy purchase? 174,000 like corns last month and currently sits at worth of Bitcoin
So they have 248 million and it’s uh, Hmm.
I wondered, is this a, okay, so this is just
L T C N now. Um, now I’m, I’m going all over the place. So bear with me
So here it is right here. Um, I don’t know if it’s traded it doesn’t look like it’s traded, but it is right here. Oh yeah. It is over the counter Q X. Ooh, Q a be careful. Just be careful. I mean, if you, I don’t know. I mean, this is all brand new it’s. I mean, it’s not really brand new. They’ve been in the game for what, eight years with gray scale I’m referring to. Um, but
Is not very, I went, okay, so look at this. Um, this is not what you want to see. They, they had a valuation of like $500 is gray scale. I know we’re going a little bit off of, uh, off of blight coin, but however, this is the gray scale light coin trust, where they bought 80% of the coins that were mined in February. So it was kind of good to kind of know what’s going on with the bigger company, right? Why are they buying so much? And then it’s, this is very concerning. Let’s look at the price of the price over one year. So why the price of this is steady increased, right? Which in, so they, they literally bought light coin at the high, right? So they bought 800,000 or whatever shares when it was way up here. And now it’s down here. So that’s, that’s millions of dollars. They’ve lost millions of dollars. Right. But let’s look at this. Just one more, another quick glance. Cause this is, this is over a year. Their top price was in November at $500.
Right?
Light coin was at 58. It’s almost it’s tripled since that give or take. Right. And their prices plummeted. So that would be a red flag for me. Be careful. Um, be careful, be careful. Be careful. Be careful. Yeah. Now if we want to play with light coin over here, because that’s the last amount of news, right. And that was March 2nd and that’s absolutely terrible news. Cause they’re like they bought it at the high. So they bought it like there in order for them to even start breaking, even like coin has to go up to, I would say, give or take two 26 for them, unless they bought it in the beginning of February and then sold it by like right here. But they’re saying that they’re accumulating and just accumulating as much as they can. So maybe they know what they’re doing. Maybe they don’t we’ll find out.
Door storage. Yeah, I guess. Right. Um, they just offered this on to Coinbase not too long ago. Uh, this is April 3rd, 2021. Uh, I think they they’ve offered it maybe a week. So that’s why I wanted to talk about it. I have yet to buy any of this, the market cap on this is less than a billion, it’s only 769 or 61 59% of the people are buying it, which makes a lot of sense, because I just told you it’s it’s new. Uh, the population is popularity and Coinbase is the 40th most hold most held. Excuse me. Uh, like I said, they, March 22nd could have been when they initially opened it onto the Coinbase. And that’s what would explain more or less explain that pop right there. Let’s go a week. As you can see, it was down to earth. Let’s call it a month. When was started basically. Yeah, I would say right about there March 23rd, 83 cents or 87 cents popped up to three or basically $4. Uh, now it’s $3. Ooh, it’s rising.
Uh huh.
I don’t know if I have any money in my bank account when I get it. When we’re done with this account, when we’re done with this video, I’ll probably buy a little bit just to kind of track it. If I don’t have any money in, I don’t really pay attention. So it’s always, I liked having a little bit of money in almost everything just so I, I track it. Okay, here we go. So if you remember the last video where we were discussing Tezos and how Tezos was trying to create,
Uh, an invite
Mint where it’s similar to ether room, where it has different coins on it. This is storage, which is right here. An Ethereum token that powers, uh, a decentralized cloud storage network called tardigrade. After a user uploads, a file to tardigrade pieces of each file are distributed to a global network of independent nodes. When someone requests a file is then required compiled, securely, and made available for download. This means that anyone can file store files on Tara grid without having to trust a centralized data center. You can also earn so tokens in return for providing resources to the network, including an used hard drive space and bandwidth.
That is interesting. So I don’t know if, if that last little part is what makes the most sense. So if, if you pay attention, well, you wouldn’t know. I have, uh, a stock class, which is, goes through different stocks. And what, one of the investments that I have is all about data storage in what this, what, what it sounds like, what they’re doing is, is revolutionary. And just for the simple fact of that, I will buy some. So if let’s say you have, I never have extra storage. So this makes a lot of sense because I mean, me personally, I just buy an external hard drive. But when you have like the cloud and cloud computing data is going to be enormous now for us as Americans it’s we have, we have like really secure networks, right? So it’s a little bit different for us.
Well, I don’t know. You might not be American when you’re listening to this, but we have like Amazon’s cloud base. We have Microsoft, we have apples. However, other countries might not be able to have the security that we have. So if you can have a network where it’s not a government based network, as in other countries, um, I can’t name anyone particular, but I’m just using this as examples, then your storage, or being able to ex like extract information from your computer and then store it somewhere else on the law online is immaculate because what it’s doing is it’s, it’s going, it would be very difficult for you to, unless you understand, unless you could break the algorithm, it’d be very difficult for other people to hack your, your information. So it could be very important documents. It could be whatever, uh, code, whatever, uh, secret you’re trying to, to get from one point to another, what they’re doing is they they’re breaking your, your, your, your files or whatever, into a billion little pieces, and then renting little EDBD space on my server, on someone else’s server on someone else’s server.
So that’s what it’s saying right here. You can earn tokens, but by providing unused hard drive space and bandwidth. So what they’re doing, they’re just, they’re a big storage company there. And they’re trying to unite all the storage from all over the world that people are not using. And then they’re going to store your, your document there. And then whenever you go somewhere else, you can download your document there, recompile your document, and then it’s ready there for you, which again, would in America, it’s going to be helpful. It won’t be as useful for maybe your everyday things because you already have a cloud, but for more Secure documents, this would be great for Storing. Let’s say you are doing paperwork and you want to you’re in a different country and it needs to be secure paperwork and it needs to be on your server in America. Then this is a way that you could do that because it’s always going to be wherever you want it to be. If that makes sense. Now, let’s check out there. White paper. Yup. Decentralized cloud storage network framework. There are two years old, again, get hub.
This is a nice, I enjoy the way that they did this. This is Okay. So again, with the other white papers, it’s going to take me, I’m not gonna read all this to you right now. However, I will eventually go through to go, wow, this is a whole novel. Yeah. There’s like 90 pages of this wall, the bibliographies and everything.
How many books are in here?
So it was 81 pages. I’m not going to read 81 pages. However, this is very interesting and I want to learn more. Cause I bet you through reading these white papers, I’ll find like six or seven different opportunities or get my little mouse in my brain, writing to our look at the world different. So that’s the whole reason I want to read that let’s go onto their website. So I enjoy, I like there so far. I’m already enjoying, Ooh, let’s see. Get paid. Yep. So here’s uh, put your extra disc space to work. So this is exactly what I was explaining.
Right?
Uh, hosting node, upgrade your storage layer.
Encrypt and upload split files and distribute store and retrieve files. So that’s exactly what I was saying. So you, you upload the file. They encrypted, they split it and distributed to millions of different places. They split it into smaller fragments. I, when I computer break something up, it could brew, broken up a million small fragments. They stored on a random, uh, storage places. And then when you need it, you
Um, yeah, I I’m enjoying, I like what this would, it would, it looks like, uh, Your storage nodes that’s So get paid to build the future of cloud.
Is that the same? Oh yeah. Node performance. Stay up to date on your node. Satisfy modern, rip your reputation, storage capacity, uptime, and audit checks, measure, uh, payouts. And, okay, so literally, um, this is, this is what it sounds like. So I have some Apple computers that I don’t use anymore. They’re there. Cause you know, I upgrade and everything, but they do have hard drive. They do have disc space. Right. So, and I could, okay. So look, a mining Bitcoin expensive requires a lot of extra power is not that profitable and is much more difficult than become a storage node operator. So literally what we would do is this is for example, I have a, I’m looking at two different spare Apple computers, what I would clear their data, right? So clear their existing hard drive, uh, sign up over here.
All you need is a solid internet connection enough hard drive space and bandwidth solely. Exactly all you need is what they said, solid internet enough disc drive and bands bandwidth. So it’s literally just renting or opening up my computers and then become a node operator. You’re storing data for actual customers all while getting paid, become a decentralized cloud and distribute the cloud storage giants. So again, this is I’m, I’m in love with this. This is amazing. I it’s a grand idea. And um, I can’t wait to read their white pages cause they’re giving me more and more information of different ideas. So again, they’re going to let’s go over how it works for the eighth time. So check your specs. And if you qualify, we’ll send you an author, author date, an authorization code, uh, yeah. Basically read it or instructions. Number two, stores data. Once you notice that it up, it will receive pieces of encrypted files later. You’ll share the prior pieces with client requests and then three every month you’ll receive a payout and storage token for the storage of bandwidth you’ve provided on your network. Okay, here we go. It’s just, this is where it matters.
A demand for our network from is constantly increasing from what the waitlist of over 12,000 developers, uh, and senior leaders that are de we want to grow even larger, but we need your help. Remember as a man grows, so will your potential profits. So you’re not making very much. All right. So disk base, a dollar per tether bite audit bandwidth, $10 per tethered by repair, whatever bandwidth. So you’re really not making much, however, how, excuse me. However, it’s not costing. It’s costing the internet and electricity. So internet and electricity, and you can become your own storage. Like a, just think of like your self storage, right? How it’s a business that a lot of entrepreneur like real estate developers and real estate people get into because it’s an easy business, right? You build a building, you build a whole bunch of garages next to each other, and then you’re rented out.
This is the same exact thing, but it’s online. You have your, your space, you rent your space out, you get paid per month. And this is a lot cheaper to be able to do it this way than it is to be able to like, then what do you call it then? The storage units. So am I, am I excited about this? Yes. Would I, would I do this most? Definitely. So I’m gonna make a couple side notes and then we’ll go from there. But so far I’m enjoying, I enjoy it. So that’s just being a note operator. Let’s see what else. So that’s, that’s a host hosting note. That’s a note operator, uh, store data, upgrade your storage later towards finance. What is this? George Hardy. What is this? All right. See how it works. So they’re going to show us a quick video. That would be awesome.
When you think of cloud storage, do you think of a few data centers or do you a mountain something more like this with title grade files are encrypted into smaller pieces, then distributed on a massive global network of these centralized nodes, which is why tardigrade is secure by default with more consistent performance, all at a fraction of the cost of the centralized cloud storage providers, free the cloud and upgrade your storage Clara to tardigrade the future of cloud storage.
All right. Well kind of, I just explained that I didn’t really do us any good. Did it? However,
Straight forward pricing. All right. Let’s look at this. Oh, okay. All right. This is why I’m over here. Like, wait a minute. That’s what it just explained because I forgot this. I explained it from us making money, right? This is for spending money. So I’m sorry. I’m only, I usually only think about the making money part, but, uh, this is just as important is the actual the program. So this is how much the people are paying in order to pay you in storage. So there, if you look at the different gigabytes and everything like that, Amazon S3 100.
Yeah.
So that, that kind of gives you an idea how much people are paying for storage. And then on the last page or the last few pages, uh, it showed exactly how much money we would be making. So one tether byte they’re charging $55. We would be making what, 10 to $15, something like that. So it’s, we’re making maybe 20%, which isn’t that bad for free. Uh, again, I wish I had, uh, I’m not sure. I don’t think I have the $71 on the, the, the crypto account that I buy crypto. Just for the simple fact, I spent like a thousand dollars last night on buying, um, a different coin. So I just got to check that or I would just buy it right now. Um, yeah, all I gotta do is just transfer some money over and I’m, I’m excited why we’ve talked. It went from like, you know, not very much like $2 and 94 cents to $3, but that’s a profit, it’s still a profit. So, and after learning a little bit, what this is about, I’m, I’m pretty, I’m intrigued. I would like to, I’m a buyer a little bit right now, but if I can set up my computers and just get paid for renting storage, why not? Especially if I can, what fully optimize my house and, and get some solar panels which I’m going to do anyways. And the reason we do that just for the electricity. Um, and other than that, no, I, it sounds like a great idea. Uh, so yeah, I’ll talk to you later.
Um, you see the accounts getting a little bit bigger. I bought some ether him yesterday. And then let me show you real quick. I also
I had a bias, some cosmos, some algorithm and some tezo. I think you guys were with me when I bought some DIA, but this is what I really enjoy. I’m not going to lie. I like watching this, right. So every day it’s just like, every time I come on on, on, come on here, I get to watch this move and I get to see what I’m up 9 cents. It’s not enough to write home about, but it’s still fun to look at. All right. Let’s get into it. Let’s go into
Let’s go into no, we already did like light corn. Let’s see what Tezos is. See, I bought about a hundred dollars worth of Tezos
It’s not very expensive. It’s a $5 coin or five and a half dollar coin, five and a quarter. The market caps, 4 billion, um, trading activity, 48% or 40, uh, 48 cell. I got it for this. Remember if you remember, uh, making money or interest, uh, board rewards, whatever they want to call, call them on the stocks. Then that’s why I bought this one. Uh, this is though, if you just looked at the things moving, like the money moving, this is Tesco’s one of those companies. So, uh, again, it’s I enjoy the 5% or 4.6% that I’m getting from this from holding this coin. Excuse me. So I think I bought this yesterday and so far, it’s given me, I mean, it’s not, it’s not like it’s a lot, but it’s given me almost a penny. All right. All right. So Tezos is a cryptocurrency and decentralized computing platform. It features is features include proof of stake, conscious formula verification, which lets developers verify the correctness of their code. That that is nice. If you’ve ever been a coder, then just give me having it, being able to verify everything before you put it up. Live is awesome. Um,
Okay. I stakeholders folks on changes to the protocol, I guess stake owners and shareholders would be the same. I keep reading the name steak and steak and steak, but I’m guessing it’s just, I don’t know why they use different language. If it’s still like investment world Tesla’s block creation process is called bat baking Teslas holders who stake their tokens can receive Teso tokens as a reward for creating and verifying
Box.
Okay. That part doesn’t make any sense to me because you see I’m making rewards, but I didn’t know I bought any,
Um, I might have. Okay.
See, this is interesting. Join the waitlist for either of them too, but why is Tesco’s in this story? Uh, gray scale has incorporated six more trusts, including one for chain links and Tescos. Okay. If you remember gray scale,
Uh,
We talked about them for a quick bit in a different, in a different coin.
Um,
Let’s see what this is. This is about four months old.
Uh,
Let’s see where in a brief stable tech Tesla’s development group launched wrapped Ethereum tokens this week allow in the value of the ETH to be transferred to test hosts. Blockchain Teslas is targeting fi users frustrated with high fees and slow transactions on the Ethereum network, stable tech raise seed funding October. Okay. Wrap tokens have already brought millions in worth the value to either in blockchain. Now Tescos is trying a similar strategy to booking rapt Ethereum on Tesla’s blockchain to get into DPI action.
Okay. Wow.
No, this is a little bit above my pay grade on understanding what the hell is going on in this. I guess I just need to know more. I need to become more familiar with all these different lingo. Well, chain is one of the busiest that make up stapled. So a group of developers that is advancing by and Tesla’s blockchain with wallets, block, explorers and exchanges already up and running. The addition of ETS is the latest effort from Teslas to draw type activity away from Ethereum network and onto its own block chain as a lower fee alternative.
All right, this is important. Um,
Tescos is another one who’s combating
So as we know [inaudible] is, is like the head honcho at the moment. Well, Bitcoin is, but tests or either of them is, uh, like an open source platform where everyone can know source and you have a couple of people that are out trying to get them again for coming on, get hub. So if you don’t know, get hub, uh, if you want to be a, uh, producer, or do you call it a developer developer, right? Then you need to understand get hub and how that works. Again. I’ll probably make a video on, um, if I need to, um, here we go. Security focused upgradable built to last test is an open source platform for assets and applications backed by global community for validators researchers and builders. Okay.
Uh, if you want a job, they’re offering you multiple different jobs. It looks like they’re in, well, that’s not bad and you can have remote and development and engineering. You can basically work remotely or there’s, uh, in Paris, London, uh, your communications and marketing. Yeah. Singapore in New York and then operations is New York. Let’s see development here we are.
Spruce systems and TQ Tesco’s really sit. Your house was in initially. Nope. Not important. Well, it is probably really important, but not for where I’m looking at right now.
Ooh,
Group casino. What is that Discover Luton at reliable year old peg digital asset for your transaction, a hybrid asset for world’s main world today. There’s a little Teso sign, I guess. What is this?
Okay. So I just blocked him have become resources, uh, opportunities and digital has to becoming the best way to keep pace with it. Like other digital projects or observe objects and through their use of internet and blockchain tetany digital assets. It says as this one can be traded easily and safer. Okay. So it’s basically just
So it’s almost like they all say the same, same thing. It’s not even like a product though. I don’t, that doesn’t make any sense. So why doesn’t this? Didn’t what a terrible news story. You know what I’m saying? You’re supposed to bring it to the news and it didn’t, it just brought us to some random random site [inaudible] Um, yeah, I, this is difficult for me to say kind of what more this is, because it’s more or less, if you’re a developer, then this is great. But if so, even right here, like look at Sony, what kind of language it’s talking, it’s, it’s running, uh, this is all for developers, Right? Developer portal. Um, it’s really interesting for developers, but for normal people that don’t understand coding, this is as absolutely worthless for you. You’re not going to understand what I’m talking about and it’s going to be difficult for me to even understand what I’m talking about. Um, for example, let’s just go here. Oh, so we’re relieving the site
So it is really they’re, they’re basing everything exactly like Ethereum, in a sense, if you remember ether and Ethereum was more or less kind of like a development portal, as well as a little bit more advanced than this one is, but however, it’s basically the same, uh, what they’re doing right here. What are these,
What they’re doing is they’re just, it’s just creating an open network for developers and creative people to create and then use their system. So right now there’s 93 people aren’t lying. This is their telegram. Uh
I’m trying to figure out what all these, these things are. Cause you know, sometimes a little thing will pop up, but they don’t Teso stack exchange.
Okay.
All right. All right. All right. I don’t know why they, they pop that up. You’re just going to click it and don’t read it anyway. So it’s just, it’s the same as having a pop-up advertisement. It’s a popup non advertisement, which is just as annoying as an advertisement. Okay. So this is the forum. Um, yeah, the stack exchange forum. I don’t, I guess there’s to me, this doesn’t like, there’s nothing like out here that’s really grabbing my attention. It’s more so like okay. Questions, answers. Um, yeah,
So
Again, this is completely developer jargon. That’s not going to do anyone any good, unless that’s what you’re getting yourself into is trying to develop. Ah, man, I just erased it. Uh, if you’re trying to develop on the on Tesco’s then it’s great. But if not, then it’s this, isn’t the greatest thing for you because it is not very insightful. Right? So you can, it’s not, if you want to look at it as just an investment, as long as they they’re willing to pay the 4.6%, I’m willing to hold, right. Does this have the trajectory of going higher? Yes, it does. Right. But when, when investing my money, I have to decide, what am I looking this for a speculation or as a return, I’m looking at this as more of a return. I’m not going to make a lot of money, but 4.6% is great.
If they, again, like I said, as long as they can continuously pay this, I don’t have a hundred. I only have a hundred dollars in there. So it’s not like a huge amount. Um, as long as they, like I said, if they continuously pay me my, my small little percentage daily, then I’m fine with that. If on a speculative move, I would like to see what happens. Um, I’m, I’m not a developer. So it’s very difficult for me to develop things and to go into more depth on that and to really understand how powerful this network could be. But if you look at, from the beginning of March, we were basically, the low of March was three 44. Now we’re back basically up to five 26, um, about a month later. So that’s 60, 70% gain. So on a speculative side, it could work, but that’s not the reason why I’m I would be looking at this. I’m looking at it for APS. You’re 4.6% on my money.
Let’s check in a little bit more on cryptocurrency. That’s this from here on out, what we’re going to do, we’re going to go through each coin and kind of look at their website and just so we have a better understanding of each coin. Cause all right. So like right here, sushi swap. Yeah, I own some of it, but what is sushi swap or orchard or kid? Whatever. I don’t know. District. Oh, X decentral land. Like their names. Don’t really tell you what they are like Coca Cola on the stock market. Even if you don’t read anything about Coca Cola, you kind of know what Coca-Cola is. It’s a household name, Nike, it’s a household name de central land. Nope. Sushi swap. Not even close. So that’s what we’re gonna do. We’re gonna pick sushi swap just cause it sounds crazy. Let’s go to their official website And let’s kind of see what it’s about. Uh, everyone can be a chef with sushi, the sushi swap protocol. Realigns incentives for network participants by introducing revenue sharing and forum driven network efforts to the popular AAM model. What? See that didn’t um, even I’m just as confused as I was before
Okay. So it looks like, um,
I don’t know what this is, honestly.
Whereas in some kind of analytical, what is this?
It’s is some type of, I don’t even, I don’t even know. I couldn’t even
I I’m in a, it has something to do with what they are. See view more assets.
Great.
Okay. So if you want to be confused, Let’s go, let’s start back from the beginning. Let’s enter the app. Okay. This is the app.
What the?
Oh, excuse me. Didn’t mean to swear. Um, Hmm. Yeah. I don’t know what what’s going on here. Let’s let’s just Google. You know, Google is always a good thing. All right, here we go. What is sushi? Swap. Thank you. Is a software running on, on ethernet. You throw them. Okay. So it’s a software on Ethereum, which is a coin that seeks to incentivize a network of users to operate a platform where users can buy and sell crypto acids users. First lock up assets into small contracts and traders and buy and sell cryptocurrencies from pools, swamping out. Oh, okay. All right. That makes sense.
So in a sentence, in a sense it’s like Paris trading. So what they’re doing is they’re
Is this kind of confusing and I’m kind of also kind of, so they’re, they ha they have to be making money from fees. Cause all it’s like a huge forum, right. Where everyone gets together and we basically go out there and we try to find as many people to trade in, like to exchange cryptocurrencies, like all different types of cryptocurrencies. So it’s not just a Bitcoin or shushie Schwab. So it’s an, it’s a, wow, that’s intricate. That’s super intricate. How the hell they’re figuring out, man. That’s like, so they’re creating swap is, and this is a very complex derivative because it’s not, it’s not backed by anything. So the coin is backed by the exchange, their own created exchange, which the exchange is
Okay.
A bunch of people, it was just a map. Okay. Put it like this, imagine a video game. Right? You get what you go online. There’s lots of different places that you can join together. Right. And play other people online. Right. So when you’re in that little group playing, you guys are shooting each other, right. Passing bullets, right. One you’re shooting somebody, the other person shooting you. Right. You die, you come back and you could play for hours in there. Right. Well now take that same concept and put it into sushi swap. And that’s what all these numbers are. Right. So in this, whereas, So here are your pools, wherever the, I guess these are your pools, right? Each one of these. And so right here, I don’t know how to get to. Okay. There we go. Now we’re starting to move.
Okay.
Okay. So each one of these are pools and it’s, I’m guessing I could be wrong, but this is what I got out of. It is you’re going to get
What
So sushi, like, so sushi is you put all these people together to play in cryptocurrency, they’re shooting back and forth trading. Uh, sushi is collecting a fee. And then I’m guessing for every thousand dollars that you’re, you’re getting you get nine sushi’s per day, give or take. I’m not exactly sure how I’d have to play a little around. So we like, I, I’m probably going to create an account and just to try to create a group, which would be cool. So somewhere around here, I’ll have a link for that once I finally get to it. But first we’re going to get through the 50 different currencies. Cause I’m very curious if all these currencies are basically based the same thing, cause this is, it’s just a really complex derivative. It doesn’t have it. It doesn’t, it makes sense what they’re doing, but it doesn’t make any sense, but it does because obviously a lot of people are shooting each other back and forth through cryptocurrencies and all different types of cryptocurrencies in these pools. So is it
Profitable?
A lot of people are buying their coin. Uh, is this sustainable? I don’t know. I’d have to. I need to though. So there’s 361 million of these little sushi swaps traded every day. Uh,
Okay.
Okay. So I mean it’s $2 billion as their, their, their market cap. People usually hold it for 10 days. Um, so there’s 127 million in, in supply. Would I say that? I mean, like I said, I already owned some, so I own four of them. I invested, I might’ve, I think I’m down a little bit, whatever. I’m not too worried about it. Um, now I wanna, I do want to go onto the sushi side and set things up and see what I can do on that side of things. And I’ll make some videos. I’m straight up sushi swap, but on this, I’m pretty much talked to my way out of it. We can look at it, what it’s done for the year. We’ll go all, all the time. So all time. So this is a relatively new stock or new? Nope. Just give me right here. Okay. Well let me go over there. Uh, it’s a relatively new, um, coin, I guess it’s less than two years. Uh, the lo went all the way. It was down to 67 cents. The high was very recently at $22. Um, yeah, so we’re looking at this. We’ll keep the, keep an eye on this. Uh, I’m very interested as the one learn more. So that’s the reason we’ll keep an eye, not as an great investment portfolio or whatever. It’s more just because I’m curious of how this thing works. So onto the next one.
So let’s discuss the rewards that Coinbase allows you to generate little money, right? So they call it rewards. But, um, for thousands of years we’ve called it money, right? So they even use the dunk, the money sign. Right? Um, so what you do, you can see, so the, this coin, the graph, if you want to generate some money off of this corn, I mean, they’re not offering much, they’re offering you $3, which is what you do. You come in here, you click here. Some of them, you got to watch a little video. So, okay. Right here, decentralized protocols, revive, reliable, natural, or neutral access to software and information. The graph has de-central protocol for indexing and querying data from blockchains. It makes this data easily assessable for all. Okay. Just as Google indexes, the web, the graph index is blockchain data from networks like Ethereum and foul coin. Very interesting. The data is grouped into the API is called sub graphs that anyone can query, okay.
Sub graphs, make it possible to build decentralized apps that can change how humans cooperate on the internet. What information is the X by the graph block data. And look at that. Look at that. You see that I’m rich now made a dollar. So if you guys wanted to see how easy it is to, you know, it was pretty easy, right? It didn’t take me very long. I didn’t even really know that I was showing you, um, how to do it, but whatever it works. So the graph is basically, um, Google for blockchain. Very interesting. Let’s make some more Monday. All right. Let’s make some more my night. Look at this. They’re gonna pay us. They’re gonna pay us $2 to watch this, this video. All right, let’s do it. What is stellar? Okay.
Today’s global financial infrastructure has a big communication problem. There are a lot of different currencies and a lot of different payment systems. Each one speaks a different language. So they have a hard time understanding each other, which makes moving money slow and expensive and a lot gets lost in translation. Stellar’s vision is to unite the world’s financial infrastructure. So money can flow quickly. And she believed between banks, businesses and people, the internet connected the world’s computer. So information could be shared globally. Stellar is doing the same money to accomplish this vision and ensure integrity and neutrality. Stellar is not a bank or a business. Instead, it’s a decentralized open network supported by a non-profit foundation that handles every currency and speaks to every payment system in its native language. And that means businesses can move money globally in seconds, no matter what bank they use back home and people all over the world can use stellar to send money to family overseas, to convert one currency to another, or to make payments that are too small to cover fees, traditionally charged by today’s institutions in the future. Stellar hopes that you won’t have to use traditional infrastructure to get your money where you want it to go. Instead. You’ll just use stellar.
All right. Look at that. We just watched the, a nice little commercial. Is it over? Yep. It’s over. Um, so, so the quiz, what is stellar? Select an answer and get $2. It is a decentralized protocol that unites the world’s financials. Did I win? Look at that, look at that. See, see it look how easy it is to make some money. I had already made a dollar down there, so that doesn’t count. So we’ve made a dollar on the graph. We’ve made, uh, $2 of stellar. Um, okay. We got two more, right. And this is, I mean, it’s fun. It, what is what basically what we’re doing is just learning about what these companies are, are, are right. And they’re paying us to do it. That’s so great. That’s why we’re having this video right now. So you can come in and you can do the same thing for yourself.
Like even if you don’t even want to start off with, with coin, like with, with any money, you can come in here and look how much money. I mean, it’s, it’s, you’re not going to get rich off of it, but if you want to get in the game for free, then you can get in the game for free. Right? The graph $3 is going to pay you $3 right here. So that’s $6. It’s $10. So 16 total then plus nine, you know what I’m saying? That’s 25. We got $25 plus six. We’re looking at $31 that we can make. All right. That’s not that bad again. If you see, if you watched my last video, it’s, it’s steady rising. So here over here, we have our, our different coins. We talked about last time. So it’s all under the reward system. So let’s go ahead and make a little bit more money, right? Earn interest with
Lesson. Number one, earn interest with compound. This is Maya. She’s a sophisticated crypto investor with assets on exchanges and in private wallets. However, these assets are effectively idle because she’s not earning interest on any of them. Her cash savings account pays interest. Why can’t her crypto? This is why compound was created with compound. Maya can earn interest on her crypto assets by supplying them to the protocol. Other users can then borrow her crypto, and then they pay interest on the borrowed assets. All of the suppliers and borrowers who use compound combined to form a series of blockchain based interest rate markets. When Maya supplies an asset to compound, it gets added to a global liquidity pool, which other users can borrow from, by providing collateral upfront. When borrowers in a specific market accrue interest, the compound protocol automatically distributes it to suppliers like Maya. This idea is already well established in the traditional finance world where a $5.5 trillion short-term borrowing and lending industry exists.
And what are called money markets compound allows its users to participate in a decentralized money market for crypto assets, where individuals like Maya can supply their assets to compound and immediately begin earning interest compound has no fixed terms, meaning that Maya can supply and borrow when she pleases, whether that’s for 30 minutes or 30 years, once a crypto asset is supplied to compound. Interest is automatically calculated and distributed with each new, with theory and block every 15 seconds. On average, this allows Maya to start earning interest on her idol, crypto assets in a trustless economy that doesn’t rely on a central authority to manually calculate and distribute her supply interest. But compound wasn’t just built for individuals like Maya, because compound is a decentralized protocol running on Ethereum. It works for everyone anywhere in the world and can also be integrated with all kinds of financial services and applications.
Any application that holds crypto assets can integrate compounds, interest rate markets, unlocking the power of compound interest to offer brand new features and services already. There’s a quickly growing ecosystem of apps built on top of compound that do this compound makes this possible by providing the infrastructure for developers to launch future-proof decentralized financial services and applications that can pass down compounds benefits to their users, enabling every user to simultaneously begin earning interest. The compound protocol is a collection of Ethereum smart contracts, meaning it’s both decentralized and completely autonomous. It allows Maya as well as developers using compound to stop relying on and paying fees to third parties. That gives it a big advantage over traditional finance
Boom. What’s the key benefit of using compound, uh, select it. And we make $3 drum roll, please earning on crypto. Look at that. Look at that. We made not $3. All right. Let’s, let’s look at these. Let’s listen to open platform for digital payments and we’ll make another $2. So just why you watching this video with me. I’d already done that one. So we’ve been making money there. So we made $1, $3, $6, and we’re about to make two more dollars, which is $8. So watching this video, if you go to Coinbase and just sign up with the link, whatever it should be a link somewhere around on this page, then you can make $8 in what, 10 minutes
Lesson number one, what is the Cielo platform needs? Zoe she’s tech savvy always connected and gets everything done on her mobile phone, like shopping for groceries, hailing a ride or catching up with friends. If money could be this convenient, accessible, and borderless, what could it do for Zoe her community in the world? This is cello’s mission to empower Zoe and the 6 billion smartphone users worldwide with accessible financial tools that allow them to unlock the benefits of blockchain technology and stable coins, right from their mobile devices, no bank account or additional hardware required using the Cielo platform and the first stable coin supported on the platform. Cielo dollars. Zoe can send funds to a friend or family member globally, as easily as sending a text message. She can also contribute to causes. She cares about, or even provide a micro loan to her favorite small business to support them.
Since Ella was mobile friendly, Zoe can send funds straight to a mobile number. Even if the recipient doesn’t have a crypto wallet, yet Cielo makes this possible through a number of technical innovations. First, an on chain, public key infrastructure links, phone numbers to public keys. So there are no long complicated crypto wallet addresses to manage, although he needs his her phone. Number second, the Cielo platform is fast. Blockchains are known for slow speeds, requiring nodes to download gigabytes of transaction history data before exchanging funds. Cielo eliminates the need to verify all previous transactions and allows instantaneous verification of the blockchain using advanced ZK Snarks cryptography. This gives the Cielo platform a 17,000 X reduction in the amount of data needed to sync with the network, allowing Zoe to easily make a payment or send funds within seconds. Third Cielo dollars. The first stable coin that can be sent directly using just a mobile phone number allows Zoe to make fast, low cost transactions on the go.
They can even be used to pay for transaction fees. Unlike on other platforms, finally, Cielo also works across different carriers and countries enabling access to financial services from almost any mobile phone in the world. And since Cielo is an open platform, any organization can use, contribute to and build on top of the technology to create mobile first financial solutions that can be accessed any mobile phone user likes that way by making cryptocurrencies easy to use Cielo aims, to support greater access to financial tools and services, helping to create new opportunities for individuals and communities worldwide.
All right. That was actually pretty interesting. All right. No, no, no making encryptable assessable on mobile phones. Look at that. So there we’ve made $8 not bad. Um, I’m steady making a little bit of money right here. I have yet to buy any of my coins, my stabilized coins, but I will start gaining some interest on those. Uh, again, this video was just to show you how easy it was for us. Oh, there’s a decent amount of money you can make on stellar. That’s nice. All right. So all together, there’s a little bit of money you can make. Uh, it’s not going to change your world amount of money. You’re going to put in there. However, what it is going to do is, Oh, we can’t, these aren’t clickable. So, oops. Um, yeah, that stellar is, uh, 41 cents. Let’s see if we can find some of them 41 cents was stellar. If you remember that one. Um, the graph a dollar and 75 Cielo is $4 and compound is $5 and 52 cents. So throughout all those, they look pretty decent and yeah, I’m going to end right there. So they’re, if you remember there, the graph compound, Cielo, Cielo, um, there we go. Stella and, um, not new cipher, but new cipher I’d already watched before and yeah, Stella.
why will you use a stable coin if you were listening to my Ethan room? Uh, we were discussing this this a little bit, but let me go over real quick. What is a stable coin? So we have two of the most important or two of the largest, most popular stable coins, uh, what a stable coin, what were, what they’re basically trying to do, uh, hence this pay attention to work stable, right? So I’m gonna go over this little story right here again. So in 2010, someone bought two pizzas for 10,000 Bitcoins. At the time, these were worth $41 in today’s market. That’s millions of dollars. So imagine you, you bought a piece of pizza for 10,000 Bitcoins, and now those that like 10,000 Bitcoins would be a lot of money, right? You’d probably want to shoot yourself and look at your cause you wouldn’t even have the pizzas anymore. They’re long gone. Um, so what’s, what’s great about a stable coin is that they’re stapled, right? That’s they like, okay, so the U S D C U S D C is probably the most famous Fiat backed stable coin. It’s value is roughly a dollar and is backed by circle and Coinbase. Right. So we’ll go into my Coinbase. Right. And we’ll go to the dashboard. What is that? No. Where is it?
So I have some, um, no, where’s mine. Here we go. So what I did is I bought some of the coin, right? So what they’re saying is, instead of, so I mean, it’s almost the same. I mean, it doesn’t really make too much sense why you would do this, because if you’re going to convert your cryptocurrencies into a stable coin and it goes from zero to a million, right. You’re still going to lose. Right. But it’s saying that you don’t have to
Right. So you can speak, you can kind of, it’s almost like a loan. You can loan off your crypto to, to be able to buy everyday things with a stable coin. Right. So stable coins are global. And can we send over the area and that they’re easy to receive and send once you haven’t either on an account or at Coinbase account. So I can send some of this us dollar coin to Africa and, uh, in a split second. Right? And within minutes they can, they’ll have the, the money, whatever I send to them, um, demand for stable coins is high. So you can earn interest by lending yours. Make sure you’re aware of the risks before lending.
Okay.
That’s interesting. I did not know. You could lend, lend out my coins. Uh, stable coins are exchangeable for E T H and other Ethereum tokens. Lots of dApps rely on stable coins. Stable coins are secured by cryptography, crypto Graffy, uh, cryptography. No one can afford transactions on your behalf. All right. That’s that’s nice. So there are a hundred stable coins available. Here are some to get you started. So again, we talked about the us dollar coin. The dye is probably the most famous decentral coin. Its value is roughly a dollar and it’s accepted widely across dApps. So here we go. Here are our top stable coins by market capitalization. Market capitalizations is the total number of tokens that existed multiplied by their value per token. This list is dynamic and the project and the product and the projects projects listed here are not necessarily endorsed by the Ethereum dock or basically they’re not endorsed by this company.
Okay. So they’re all clipped clickable. All right. Let’s look, let’s kind of just name these real quick. We got tether that us dollar coin by Nance USD dye pack. So standard husk D true USD, amble forth and S U S D. So the there, so this is like your American dollar. This is like your American dollar. This is your American dollar. This is the only one that honestly, I understand why this is one of the, the, one of the most popular it’s backed by something, right? So these are not back. These are backed by Fiat, which is basically nothing. This is at least backed by cryptocurrencies, how to get stable coins. So how to get these coins, you can pick the most stable coins on disinter exchanges. Uh, again, uh, so like a swap, you can buy a lot of, uh,
Okay,
So again, you can borrow them, but you have to pay it back. So you’re basically getting a loan. So it’s kind of like credit card, uh, like get a credit card off of your crypto. I don’t know how to put this with your crypto speculations. You can borrow off of your money and then use your coins, your stable coins. So then if your crypto goes higher, you’re not missing out, but you still have to pay the loan. Right? So if you don’t have a cashflow, you’re going to eventually have to sell your coins. But if you have a cash flow, then it’s advantageous to do this because you get to keep your coins and your just borrow, and then you can pay it back. Right. But you have to remember, you need to be able to, to afford it. So with how that works with Ethereum is either from, if you just, if you hold your money with Ethereum, I mean, there’s, it’s more to it than just hold your money with Ethereum. You got to apply and get it all situated. But once you do that, then what you’re able to do is you’re able to gain 7%, uh, on your money. So if you have enough Ephraim and you’re only using your you’re only borrowing for daily usage, right? And your daily usage is not millions of dollars a day, but if you have enough saved and then your interest would be able to pay back its loan, right? So you could live basically for free off your interest. Um,
Yeah. Let’s look at the what’s. What does, what makes these
Okay, here we go. So Fiat backed basically an IOU for a traditional Fiat currency. You’re usually dollars, right? You use the Fiat currency on it to purchase a stable coin that you can later cash in and redeem for original currency. The pro’s safe against crypto volatility, changes in prices are minimal cons. These are centralized. Someone must issue. The tokens requires auditing to ensure a company has sufficient reserves, right?
Crypto backed. Uh, these table corns are backed by other crypto assets like ETH or ETH. Their price depends on the value of the underlying asset or collateral, which can be volatile because he takes value, can fluctuate. These stable coins are overcloud arise. And to ensure the price stays as stable as possible. This means it’s close. It’s closer to just to say that at $1 crypto back stable coin has an underlying crypto asset worth at least $2. So if the price of that, your drops more than, okay, so that’s, this is why I was saying the crypto makes sense. It’s kind of, if you understand the stock market a little bit, it’s kind of like an ETF, uh, on a commodity. So
They’re holding so much crypto, right? So if you have $1 it’s backed by, or if you have $1 in crypto, it’s backed by $2 in crypto stat, they’re doing that for the simple fact that they understand the volatility of the coin. So they’re, they’re probably they’re basing what they’re out with their, their formulas. They’re probably basing a, like a a hundred percent, well, not like an 80% draw down. And so they’re, they’re probably backed up to 80% there. They’re probably not banking at this upper go to zero. So, but they’re probably holding almost like enough for what says there, they’re holding double. But if, I don’t know, if they’re holding completely double, uh, you’d have to look per each coin and see exactly how much they have. But that’s why people are all about DIA is because if they do hold double the amount of coins, then your money is pretty safe, transparent, and fully decentralized.
Quick to turn into other assets, no external custodians, uh, all assets, all sets, excuse me, all assets are controlled by Ethereum accounts. So again, everything’s in this ether, um, world, I kind of want to see what is Bitcoin. Cause if, cause everything seems like Ethereum is, is the way to go. So just because it has more, uh, it just has more user-ability, uh, they’re less stable than Fiat backed stable coins. You need to keep an eye on the value of the crypto collateral. Yes, that’s very true. But it’s also, like I said, there, you do need to pay attention to that. And that is true. Precious metals, like back coins. Instead, these stable coins, you use resources like gold to maintain their value.
See. I, I disagree with that. So if it was precious metals, it’s almost like it’s crypto backed because precious metals, CSS is the prose safe against crypto volatility. Right. But they’re not safe. Hold on a second. We’re in this, but let me just show you what I’m talking about.
And so if you had your, if everything’s metal based and it’s backed by gold, look at the, the gold chart over the last year, right. That’s lost for almost $400, right. Per ounce of gold. So, and that is enormous. Look that Goldman Sachs is close to offering Bitcoin and other digital assets to wealth management clients. Let’s get back to our, so with the precious metals, I would disagree that it’s like a Fiat coin. Um, a Fiat coin is just a promissory note. But if it’s backed by a precious metal, then it’s more like a crypto backed. Right. Which can be good. But as you can, it can also be just as horrible. Because again, look at the price. Now let’s do a five-year.
Yeah. If you had bought back in 19, that’s $1,200 an ounce. That’s great, but let’s do all time. You see how in? Oh, in 2012, you were right around 2000, then, then it dropped all the way down 50%. So if you’re going to tell me that pressure backed by a precious metal is stable in that’s that’s excuse my French, but that’s. That’s just like, it’s just, it’s the same as crypto backed, right? Because the price of gold fluctuates as well, um, algorithm out basically using the algorithm, these stable coins, aren’t backed by any other asset. Instead, an algorithm will sell tokens. If the price falls below the desired value and supply tokens, if this is the best one, this is the best. This is your, this is, this is the central bank. All right, then I’m not going to say whether our central bank is good at this or bad at this.
That’s not my opinion. However, this is based basically how the, the central bank is, right? So they control the money supply. This, this by the computers are controlling the money supply, right? That’s what it’s saying. There sell tokens to the price. Billows falls below desired value and supply tokens at the value goes beyond the desired amount, because a number of these tokens and circulations changes regularly, the number of tokens you, you own will change for officer reflect your share, all right, pros, no collateral needed controlled by a public algorithm. Cons you must, you need to trust or be able to read the algorithm.
Valid point. I agree with that. Your balance of coins will change based on your total on total supply. So people don’t pay attention to this, but it’s, this is literally the American money system, right? We have to trust that the central bank knows what they’re doing, right? Or you got to understand how they’re doing it. Your balance of coins will change based on total supply. Well, if you have a dollar bill, you don’t understand, like you might not see it change, but the value of that dollar changes on a daily basis. If you don’t believe me, look at the price of milk or look at the price of oil or look the price of cheese, or look at the prices. Each price, the price has changed every single day. Well, that’s also has to do with the money supply, how much money is in there and how much money is not.
And you’re going to be like, well, gasoline has to do with the breadth of oil. Yeah, it does. But then also how much money did we print? Right? So if we printed a billion more dollars yesterday, then you’re going to have to spend more money to get the same amount of gas as yesterday or as the day before. Right? All right. What is a staple coin? And the four different ways we went through them. Hope that was a nice lesson for you. If I were to choose, let’s go back to the different coins now that I know what they are. Um, man, I don’t lost it.
There we go.
So we have Fiat, Fiat, Fiat, crypto, crypto, Alka, remake that ample fourth.
So
Financial building cryptocurrency, we will be looking at this later on. Let’s see if Coinbase, you can sell it an ample fourth.
There’s this search anywhere.
Look at that. And I pull forth and it’s not supported by Coinbase. So you wouldn’t be able to buy this on Coinbase, but it looks like you can come here. And
Wow.
So there’s a lot of exchanges out there. I got to, we’re going to have to make a video on, on the exchanges as well. But right now the exchange where we’re based, we’re working, where you have that they exchange that we’re focused on is the Coinbase exchange. Once you go through all these coins that they have right here, then we will go and start looking at these other exchanges. I don’t want to confuse everybody too much. It’s a lot of work, uh, to be able to go through all this. So let’s first focus on one. So that’s stable coins. Okay.
Got it again, we are on Coinbase. Let’s pick another corn. Uh, it seems like a lot of different, smaller coins are on Ethereum. If, if I’m reading it correct. So let’s, let’s check this corner. What is this? A market cap? All the little popups. There we go.
I’ll just keep it right here with a market cap of 208 billion. Uh, the current, uh, multiplied by its current. Okay. Uh, circulating supply. Uh, there we go. Circulating supply is 115 million is the second, most popular. 62% of people are buying opposed to selling. And the typical whole day is 52 days. That’s not bad at all. Uh let’s I want to see what this is. Uh, you can earn 7% by staking ether. Um, over the next two to three years, Ethereum is upgrading to Ethereum 2.0, to take part in the upgrade. You can, you can stake your ether on Coinbase and earn, okay.
All right. So this is how it works. How does it work after staking your temporally be unable to sell, send, or unstick your stake T or your, your Ethereum coins? However, in the future, we plan to give everyone a way to trade staked Ethiopian.
So if you want to make 7% of on your money, I might do it cause I’m, uh, I’m not. I have. So right now you can see, I, I almost have one or now I’m nowhere close to having one, but I don’t see any reason on why now if you’re going to day trade days or even weeks swing, trade, or more, or if you feel like you want to be in and out or whatever. But if this is just for me, this Coinbase and cryptocurrencies are for fun, right? It’s fun. It’s not life-changing, I’m not going to put all my money in here. I have different accounts for all that, but little side money that I’m not worried about. I’ll put in here. Cause I’ll just let it grow. No, I’m not thinking about it. So I would, I try to make 7% and live off the 7% for millions of dollars. No, I’m all right. I don’t trust this that much, but you know, put a couple thousand dollars in here for 7007%. That’s not bad. Um,
Okay.
About Ethereum, Ethereum is decentralized computing platform that uses E T H ether to pay transaction fees or gas. Developers can use Ethereum to run decentralized applications and issue new crypto assets. And those are known as Ethereum tokens. So
I’m just reading some of the news, uh, crypto art and MTS will with super powers, ether cards sell 9 million in one day. Uh, so yeah, this NFT market’s going to be enormous
So if you remember, if you pay attention to the other one, the decentral land, um, mammo, I think that’s what it’s called. Uh, and you can make different whatever NFTs then that’s, you’d make them over there. And then there’s a marketplace and they’re booming right now. So if you’re good at creativity, then you might want to do that again. They have white papers. Nevermind. What is this? Get hub white papers. I don’t even know what, what is going on
Unless you understand get hub. This is just, it doesn’t do any good for you. I’ve I understand it a little bit, but not enough to be able to explain it to you. So let’s get over to our official website. Welcome to ether. Um, um, get started. Either of them is a portal into the world of Ethereum. Okay? The tech is new and ever evolving. It helps to have a guide. Okay? Pick your pick a wallet, get ETA, use ADAP, start building
So what is it? Uh, that’s home to digital money, global payments and application. The community has built a blooming digital economy, bold new ways for creators to earn online and so much more. It’s open to everyone wherever you are in the world are you need is the internet, a Pharaoh financial system today, billions of people can open bank accounts. Others have their payments blocked either through the central finance system, never sleeps or discriminates with just an internet connection. You can send, receive, borrow, earn interest, and even stream funds anywhere in the world, the internet of assets. Okay. So this is the NFTs. This is what’s so Fuge and what everyone’s getting on. Hold on. I gotta drink some Getting excited about and which I’m, I’m getting excited about. Cause everybody else is getting excited about it. Uh isn’t just for digital money. Anything you can own can be represented, traded, and put to use as non fungible tokens. Okay. You can tokenize your art and get royalties automatically every time it’s resold or use a token for something you own to take out a loan, the possibilities are growing all the time. That makes absolutely no sense to me. However
okay. Wow.
So there’s this is quite large. It’s huge. So either, and its apps are transparent. Open source. You can fork code and reuse functionality. Others have already built. If you don’t want to learn a new language, you can just interact with open source code using JavaScript and other existing languages. Okay. So that, so this is how like, uh, I think sushi coin and dicentric the central land they’re in here. So they’re developing, uh, their, their worlds based off of this. And then they’re yeah, they’re making money. They created their own coin. So let’s, let’s see what this NFT is.
Uh, I don’t want to take up too much time, but there is a video right here. If you want to watch that video, the internet of assets,
Uh, solve somebody’s problem. Sex is the internet. As everything becomes more digital, there’s a need to replicate the property’s physical like scarcity, uniqueness, and proof of ownership. Not to mention the digital items, often only working content of their product. For example, you can’t resell an iTunes, MP3 you’ve purchased, or you can’t exchange one company. So multi points for another platforms credit, even if there’s a market for it. Here’s how an internet NFTs compared to internet of two, the internet of most of us use today looks okay. And NFT internet versus the internet today. And FTS are digital, digitally unique. No two NFTs are the same, a copy of a file like an MP3 or JPEG is the same as its original. Okay. That makes sense. So if you’re creating music, you’re creating something and you don’t want it to be stolen. An NFT is great. Every NFT must have an owner. And this is of the public record and easy for everyone to verify. Ownership of records of digital items are stored on servers, controlled by institutions. You must take their word for it. So it’s making everything more transparent. That’s what that says. NFTs are compatible with anything built using Ethan.
So you have to use it.
Them is going to go extremely high for the reason like how Amazon is incorporated with everything that has to do with e-commerce more or less, this is what ether is trying to do because what it says right here, and that was, I’m going to start investing more in ether them. And I’ll probably do some of the two coins or whatever, just and gain my 7%, uh, for the long haul because I do this is starting to make a lot of sense. So what is saying is any NFT is compatible with anything built on Ethereum, which is there, this, this person’s world, but then let’s not forget the sushi swap or whatever. It’s called the sushi coin that decentral land all these other small little coins, which we’re gonna eventually get through. All of them, all of them are basically using either of them. So if you’re using Ephraim and you’re using any of those programs, you can sell them right. And NFL ticket or an N F T ticket isn’t for an event can be traded on ether and marketplace for an entirely different and Ft. You could trade a pizza art for a ticket companies with digital items must build their own own infrastructure. For example, an app that use issues, digital tickets for events would have to build their own ticket exchange.
I understand what, what that meant over here. I, I’m not really that don’t understand what you’re talking about. However, content creators can sell their work anywhere and access a global market creators rely on infrastructure and distributed platforms that use these are often substitute terms and uses of geographical restrictions. Okay? So it just opens. So if you’re, if you’re in a stock market, you’re in, you’re in, um, you’re an adult world, uh, then cause, okay, Twitter, if you’re trying to sell, um, financial products or something, you might get banned. So that’s what this is saying right here. You look on geographical subject to terms and geographical restrictions. So through here you can sell your work. You can sell whatever you’re doing anywhere. No problem. If you’re in the adult industry, same thing, creators can retain ownership, rights over their own work and reclaim, resell and claim resale royalties, directly platforms such as music streaming services retain the majority of profits from sales here. This is where right here. This is where it’s going to be huge if you can. Okay. Or with the Apple iPod,
The only difference,
I’m a little confused. So you can sell your work like your music or anything, but that’d be great. But I mean, I have to do it because that’s kind of, it doesn’t make any sense. How are you going to play it? All right. If you’re able to sell it directly some, then I don’t know we have to get into it, but that makes a lot of sense. Why? Like, if you’re an artist and you are making content and iTunes is, is taking their large percentage, this is a way to knock out that percentage 100%. However, I’m not sure how someone would be able to play it. I’m not there yet. Uh, I’d have to do a lot more research. I don’t want to take up too much of your time. Um, during the research, we’re just kinda trying to figure out the difference of the internet today and an NFT inter internet, like the internet of the future items can be used in surprising ways. For example, you can use digital artwork as collateral and decentralized loan.
Okay. Look at this. Look at this. Here we go. Oh, wow. So there is a nice
Wow. So if you want to take some classes, then there are a lot of classes for you. So let’s let’s click on
Web sockets versus H H or H T T P. Oh, okay. I guess if you don’t know code, then this means absolutely nothing and you’d have to read it. That’s great. I don’t want to do that. I don’t want to learn code right now. And I know you guys probably don’t want to learn, but here’s here’s. What’s great. You can, I don’t know. Let’s let’s find a wallet. What are these things?
Okay. So you get to choose walls, have lots of optional features, which you might like. So choose a wallet based on the features you want new to wallets. Here’s an overview. Let’s see what their wallet is, the to digital future. Uh, okay. You didn’t watch our applications that lets you interact with Ethan Chrome account. Think of it like an internet banking app without the bank, your wallet lets you read your balance, send transactions, connect to applications. Your wallet is only a tool for managing your, your erm account. That means you can swap wallet providers at any time. Many wallets also let you manage several Ethereum accounts with one application. Uh, you need to need a wallet to send funds and manage the ETFs. That’s because walls don’t have custody of your funds. You do. They’re just a tool for managing what’s really yours.
So it’s everything. And obviously everything says it’s all secured, everything safe and all that kind of good stuff. Um, again, go back. Here we go. We got our, our work, our wallets
Okay. So high volume purchases. If you want to hold a lot of ETFs, choose a wallet that lets you buy more than 2000 at a time. So this is for your big whales as it has a whale right there, uh, limits protection. So there’s, I mean there’s, they got a lot of different things for you to control yourself, to manage yourself. Like this is really interesting. Again, I did not know how, uh, intricate, excuse me, all this was. I kind of just thought it was just a coin in your biome and whatever, but this is way more intense than making like a 10 minute video. So, um, again, I’m gonna I’ll I’ll probably have to make some more like one, I need to learn more about this. So this is literally the first time I’ve been doing this and trying to understand cryptocurrency. So I’m a newbie, just like, hopefully you are, if you’re watching this video.
So I hope you’re just as excited as I am of trying to understand what’s going on within the whole cryptocurrency world or crypto world. Um, again, if you want to get started, uh, easiest, I mean on here, ether, um, it looks like you can, you can buy directly from these companies, but if you just want an, a large network or exchange that has everything there, go to Coinbase, uh, click the link where I have it for you wherever and get started with Coinbase. And we’ll go from there. But yeah, Ethan from, well, let’s go. We’re good to go. So Ephraim is the number two most popular on Coinbase and yeah, there’s a lot news in here. Again, I’m going to have to go over this. This is it’s way more than I thought. I didn’t know it was that intricate. I thought it was like, again, I thought it was pretty simple, but no, cause you got the community, you got enterprise, you got developers. Uh, you got learn what all this is, what all this is to you. How to use all this stuff. What is it? Stable coins, digital your money for everyday use.
Yes.
In 2010, someone bought two pizzas for 10,000 foot Bitcoin. At the time these were worth, uh, $41 in today’s market. That’s millions of dollars. There are many similar regretful transaction in them, history, stable coins solve this problem. So you can enjoy your pizza and hold on to ETM. Oh, okay.
Okay.
Okay. So I don’t want to go too much into this because this is completely different and this is a video within itself. What is a stable coin? Uh, yeah, we’re going to make this into a different, because this is completely different. I mean, it’s great. It is exceptional, but this is a new video, right? Yeah.
It’s a tiny little one, a dollar and 20 cents, but it’s a pretty big market cap at $38 billion. That’s actually, that’s, that’s a pretty large market cap for only a dollar. Right? Because think about it. If it’s at 10, once it gets the $10 there, we’re looking at $300 billion market cap. That’s enormous, right. Um, 73% by, so that’s a good one. So that means kind of, uh, that they’re trying to push the market and push it higher. Uh, it could get all the way up to one 40. That was the high, or I don’t like the way that the charting just cause I’m used to the stock market. Um, January 21, it was 17 cents. So it was, it at least recently just exploded, right. Almost 10 times your money right there, a typical holds 10 days. Um, so yeah, that’s like 10 days kind of means that it’s, it’s controlled by short-term traders more or less.
Um, which makes a lot of sense. That’s why it’s so volatile. So you have a lot of buyers or people got interested probably around like 30 den, January 31st and on 34 cents made a Buku amount of money and then selling and buying, buying and selling sense. All right, let’s check it out. Is a blockchain built on a proof of stake consensus protocol card, or row burrows that validates transactions without higher energy costs development on cardio uses the Haskell programming language, which is described as enabling Cardi Cardinal to pursue evidence-based development for unparalleled security and syllabus stability. The blockchain’s native token, ADA is named after the 19th century mathematician, ADA Lovelace.
That’s okay. All right. Let’s check out their top story. I’m interested in this, uh, smart contracts are coming to [inaudible] this spring. We get rid of that. There we go. Um, the Lonzo test net will finally approve, allow developers to deploy their own decentralized applications on Cardone Cardinal blockchain. All right. So I think in the brief, let’s just look at that, uh, developers playing to lots of smart contracts, focused test net, as soon as April, ultimately the Lonzo hard folk will allow users to deploy centralized applications. Excuse me. Um,
Okay. Now I get what they’re doing. So this is where it’s important. This is this like little paragraph right here is what’s important. So the smart contracts, what they’re trying to con cause each one of these coins are kind of different, right? So when you looked at sushi swap, which was more of a kind of create little trading network groups together to exchange coins, ether, um, is like a platform where you can build things off of each room, which a lot of the coins are ether and based coins. Right? So what this one’s trying to do is they’re trying to compete against either room, right? So since last summer, their Delphi ecosystem Boone building and widespread decentralized application adapts allowed basic smart contracts, the same functionality coming to the Cardinal, as example of blockchain developers with presented, uh, could earn a native DAP that allows you to just swap different tokens, much like ethers killer dabs, such as uni swap. Okay. According to the polls, uh, amounts of 40 billion. Wow. So there’s, there’s a lot of money
Okay. I see. Um, what it’s doing is it’s giving people the ability to create their own custom tokens. So it’s like how, how with word, what is it called Ethereum? Right. How sushi swap is made off of the Ethio ether rooms platform. That what, what Cardinal is trying to do is the same exact thing. And look at the blockchain has just skyrocketed, like this is the average transaction fee. So the they’re they’re like, wow, they are okay. For example, the average margin on each of them has recently searched for all new high reasons. Blockchain data shows that reunited opening debates over it’s becoming too expensive for us. Okay. Okay. Um,
All right. That, that reading this right here has made me extremely if they can pull it off, right. If they can pull it off and get their cut their, their coin or whatever, their, their world or crypto world, um, anything to be decentralized like, um, ether, um, there’s so many different names. Um, then this has potential because Ethereum’s breaking past $2,000 or it’s like an $1,800 right now. So if this were to get anywhere close to 1800, even like 500, you’re looking at a really decent investment on, on, or yeah. A huge return on your investment. Um, I just reviewed a light coin and I’ve have the bull. I would S I would think, I mean, because like corn just is fresh on my mind, so don’t get me wrong. You know, I, I, I, haven’t done all, I haven’t gone throughout all thousand different coins, but, um, comparatively speaking, what I want to put my money in light corn or what I want to put my money in this, I’d want to put my money in this just because what they’re trying to do, check out there.
Okay. Yup. Excuse me again. Um, operating a stake pool about staples operators and owners. They say pools of rivals server node that holds and maintains a combined. Okay. Um, C get hub, everyone’s using GitHub pulling and pushing. You kind of need to know what get hub is. Um, I’m guessing because a lot of these people, it’s kinda like open source. So you can, you can pull a lot of different things from get hub. So it’s, I mean, it’s, it’s, it’s computer mumbo jumbo. However, if you, if you want to get into this, it’s, it’s good to at least be able to speak the language because I’ve seen get hub about, on every single one of these coins. So if you want to, if you want to be a publisher, I guess then you’re going to need to know, get hub. Um, let’s go back to here. Let’s official website. See what we got making the world work better for all
I’m not on the whole, I don’t understand the whole environmental, how that’s going to do anything
Different.
Okay. Look at it. They all have foundations input output. What is this in Gurgo? I found him on a Carter protocol, develop supports and incubates commercial opportunities and help integrate businesses into our blocks and your system, essentially the for-profit arm of Cardinal or whatever. It’s called endeavors to advance the platform and drive adoption through commercial ventures with offices in live projects, across singable, Japan, India, blah, blah, blah. Um,
Yeah, not very interesting. Um, but they do, uh, there are three pivotal parts that they played. They they’re kind of like boots on the ground, I guess.
Okay.
All right. So the other one’s for business, this one’s for academic institutions and government, right? So there, so there really are trying to branch into everything. Let’s look hard. Dano foundation is then a standards body that oversees and supervise advancement quarter incarnate ecosystem as a legal cus custodian, the protocol and the owner of the code of brand kind of funding drives adoption. Okay. So then this is just the
So there, our foundation, uh, is more or less just is what owns everything, um, or is in charge of everything. I will have to say, Oh, look at this. So yeah. Uh, the stake pool, um, whatever this is, um, for individuals, there is a lot in here.
Okay. Um, yeah,
This is, let’s go back to here. I don’t think I have any money on this particular card at the very second, just cause I got to transfer some over, however, I’ll buy this right now. I would buy this right now. I am actually very interested in this. Once I get off of this, this, uh, recording, I’m going to transfer some money and I’m going to buy some immediately. Why am I going to buy it immediately? One of all the different, now I know this is a stupid reason to want to buy it, right. But of all the websites that we’ve looked at, this one is the most intricate. It looks the most like it’s a stock, right? This, this looks like a stock. They got their new news. They’re in the news recently. Well, not, not as recent as I would like now I say that, but whatever, um, they have it’s, it’s ordered, it’s much more organized it.
They have, uh, three different things. They got developers, individuals and enterprises. So they’re, they’re really trying to cater to three different things. They’re trying to be like, create a whole entire network. And then they’re going to give people the ability to create their own coins, which is just going to boost their, their, their overall profit. That’s kind of what we were reading with the smart contracts. So if this were to go off, I could see that this could get up to maybe $50 at $1 to $50 is a huge move. Um, so again, right when I get off of this, I will be buying something.
Yeah.
Are Nunes is making a big defy move. Uh, this is August of last year. So they, they bounced from last year. Like, let me show you.
So this is August of last year. They’re at 9 cents. Now they’re a dollar. So if you were paying attention last year about the making the big move, let me see what, where no, I don’t care about, but we’re okay. Eat the room’s rival Cardinal making progress. The second largest cryptocurrency by capitalization ether was down Friday, blah, blah, blah, blah, blah, blah. No, look at that. It was $300 last year. Now it’s 1800. You bought you put $3,000 into that. You’d be, you’d be looking pretty good. Um, smart contract platform, cardiac intends to start producing proof of stakes may network blocks this weekend, Ethan switched to okay, blah, blah, blah, blah. Since it started 20, 20 coroner’s token, ADA has seen a market capitalize increase from 1 billion to 4 billion, according to corn gecko. Now it’s at 38 billion. So 38. Wow. That’s a lot. Uh, the platform and competitor, each of them has taken a method approach towards launching and now has 770 pools, staking almost 20% a to supply. Uh
Okay. So August 8th, right? I’m not going all the way in it. You can, again, you are more than welcome to kind of dive in more deep into this. And I am going to dive deeper into this. I’ll probably make a whole bunch of articles on Cardinal. Uh, the more I learn about it, uh, I might get more excited about it. So we’ll see. Um, but it’s saying right here, the POS main net is a complete, but stake pools do not start producing blocks until August eight. He said, he’s very interested to see what happens. So let’s check the price out from August
Yeah. Close enough. August 10th, 14 cents to a dollar and 25 with the, the high of a dollar 33. So we’re almost looking at 10 times our money since then, uh, announced that, uh, if I was a betting man, which I’m not, but I am going to put my money where my mouth is. I’m not going to buy a whole bunch. I’ll probably put like 50 bucks in it right now. And then, you know, come back a little later and put some more kind of give, cause I’m excited at the moment. Right? I don’t want to just dump in thousands of dollars right now. I don’t let me, I got to do my other research. Right. Once I do all the research, then I’ll make a bigger move. But right now I’m just going to kind of start small and we’ll go from there. Yeah. But this, this country, or this, this coin, I’m very interested in this. Um, 10 days I disagree with that. I believe that this is something you hold on to for quite some time. And we’re looking at maybe in the next six to eight months, we’ll try to get this up to maybe like $4. So it be like a quick, almost triple.
Video. We’re going to dive a little bit more into Coinbase, just cause you can see right here. What is what’s this little? Oh, what you can see right here is you see it constantly moving. Right? I personally liked that. I know it’s lifetime rewards, three pennies. I could probably walk to the store and just pick three pennies off the ground. And you know, this is it’s insignificant, the amount that is being made. However, there’s only where this is a let’s look, the U S D coin. I only have $243, basically $242. And I’ve made 3 cents off of that. Nothing to really write home about. However, if you look, this is, um, it doesn’t, I don’t know. I also will look for the, uh, the percent in just a second, but there are one, two, three, four other ones that you can gain a little bit of money. Right? Well, they call it rewards, but I call it a little bit of money. Right. It’s just fun money. Just watch the thing moving. Right. That’s that’s the video we’re making. We want to increase our, our little moving every day. Right? So let’s, let’s go over to home. I think it is. Um, where did I find that? That’s portfolio? That’s home prices.
Okay. Okay. Where is it somewhere?
I was just here. I don’t know what it is that I, where I was Anyhow, we will just go right here. All right. I got to get to understand, uh, Coinbase a little bit better, so I don’t get lost, but
Yeah,
Analyze percentage. We will. Let’s look at each of these.
Look at the yield. The analyze your offer for USDS rewards. Are they current daily and compound monthly subject to change? Look at the small itty bitty percentage. Right? I first, I, I didn’t buy that USD coin trying to get rewards or obviously I wouldn’t have bought the, it looks like it’s the smallest one. Right? However, I just bought it. I didn’t really know what I was doing when I bought it. I just bought it. And then I, then I realized, I started like looking over here. I was like, Oh, look at this. It’s moving. When you look at this one, uh, it says, this is, this is, this is where it’s nice. So you’re getting a 2% compounded daily, right? That this is a current analyze yield offered by DIA rewards occur and compound daily. This rate is subject to change, obviously.
About five days after you purchased your start earning your, your reward. And again, we’re on,
We’re not
Going to read that real quick. Let’s look at, Tezos look at that.
Okay, so this is different. You got to pay attention, right? You got to understand this is compounded daily, right? So your 2% right there in this is also occurred daily compounded. So this is compounded monthly so far right now, DIA looks like it’s, it’s the best because it compounds daily. If you want to understand a compounding interest, get a Google it, uh, I’m not going to make a video on that because that’s, that could be a 30 minute video just on talking about compound interest. Tezos when you hold Tezos on Coinbase, you Ernest Ernest staking reward 4% is the estimate annual rewards rate, which may change over time. Right? So this is 4% annual. It’s not compounded daily. So you’re actually so far right now, D a I is giving you way better than anything else.
Aquifers are CarPlay, but a net worth the first one to 34 at 35 days after each purchase. So yeah, I mean, it’s a decent investment. You’re going to make 4%, you know, four and a half percent annual. Uh, it doesn’t it’s it looks like if you’re staking it, there’s also obviously a date. Uh, um, I’m not quite sure what this staking is. I’ve read it numerous times. I kinda like, I guess you’re kind of putting in like a vault or something where you just stake it as you put it in there and it just stays there like a stake in your yard. Right? Um, so again, this so far, this one, D a I is what I like. I’ll probably get some of that after the video. Uh, okay. Let’s look at this. Um, the corner of asthma rewards, not yet added to your account.
Okay. Annual percentage yield 6%. When you hold alga rent on Coinbase, you earn rewards. 6% is the estimate. And which may change over to this based on algorithm, January pro. Cool. Alright. That’s decent. 6% annual return. However, if you do not understand laws, percentages, and compound interest, I again tell you to Google it because it will blow your mind so far. D a I is the greatest. Okay. Let’s look at even it’s better than this one as well. Um, this is when you hold cosmos on Coinbase, you earn a stake in reward 5%. So on this one, you own 5% of your money.
Okay, this is going to sound weird, but if you don’t understand compound interest, then it won’t make any sense to you.
This itty bitty 1.5% over the long haul because it’s compounded monthly is better. I’m not the first year, maybe the second year, it won’t work. And it depends on the size of your money. But if you’re going to hold it for years like this, staking, your compounded 1.5% or 0.5, one 5% over like maybe 10 years is going to be bigger than this 4%. Right? So again, what I see as the best one is 2% compounded daily. That is amazing. I am, I want to go into this coin. And if you, if you remember the stable coin video, this is kind of a, uh, an attachment to that. It’s just look at the price. This is a dollar. Oh, yep. So they’re going to try to, they try to hedge it 100% at the dollar. So if you see it, it was at a high of a dollar and it was a low of 99 cents. And now we’re back at a dollar. So it always tries to stay right around the dollar.
Yeah. So of the winners of the interest, I would say D a I now, when it comes to stable currencies, watch that video. I’m not a hundred percent sure. Uh, if I would pick as a stable currency, this probably wouldn’t be my go-to, but as a wealth creation currency, I, this is a go-to, if that makes sense. All right.
Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here:
Cookie Policy
google side one
Citrus Juicer
12 Years Of Hell
Google side two
Juicer
exercise bike
Six Strategies To Conquer Life: FYMM
FYMM JUICE: Reinventing MoonShine
My Struggle: FYMM
Every day make the impossible Possible!!: FYMM
One week in Israel: Erik Johnson Visits his sister in Haifa
google 3
Stock Market Sectors: Buyers Guide
ALL YOU NEED IS 10 MINUTES: TO CHANGE YOUR FUTURE
12 Years of Hell: A Journey of Loss, Struggle and Triumph