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,
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
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.
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. 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.