Crypto Thoughts for 12-2-21
I don’t expect this will be weekly segment but there are times when I figure it would be good to give a short update on this subject. May be once a month or every few weeks but no promises just yet.
Anyway here are some of the cryptos I am holding and paying attention to and some brief thoughts on them.
- Bitcoin – As always I am bigger on Bitcoin then any other crypto. Just going to lead off with my advice on BTC is get to the left of the decimal before messing around with much else. In other words goal one in crypto own at least one full BTC and learn to self custody it.
` - bARK – bARK is a meme coin (think Dodge, Shib, etc). I am not big on the pumps in these coins but this one seems just for fun and to boost awareness of the cryto I have talked about since 2017 called ARK which is a great project. The main thing to know is if you own ARK and have ARK staked you likely already have some bARKs, 1000 form an airdrop to be exact. Another one is coming soon for 5,000 if you have at least 10 ARK staked. And if you have an ARK wallet you can get 10 form the faucets free each week for a while anyway on their Discord and their Telegram. Learn more at https://barkers.io/ and join their TeleGram at https://t.me/bark4ark
` - Pirate Chain – ARRR is the ultimate privacy coin I first brought it to you last year when it was 8 cents, it went on a hell of a run but that did not last and it then settled in at about 2-4 dollars. Right now it is sitting about 1.90. While none of this is investment advice I see ARRR under 2 bucks as a buy zone personally. The easy way to buy ARRR is on CoinEx. If you have crypto you won’t even have to KYC to do so, but if you want to buy for fiat you will have to. The Pirate team really has built an incredibly secure blockchain that is also 100% private. They continue to innovate, have awesome weekly conference calls on Wednesdays though their discord. Learn more at https://pirate.black/
` - Algorand – I continue to be blown away at the strides, innovations and deals Algorand has been making. From NFTing Grape Vines and Resulting Wines with Liquid Vineyards, to becoming part of a half billion dollar investment fund, to powering the public records block chain for El Salvador, to a 1.5 Billion Dollar Venture Fund and more. Oh all that was in the last month alone! This is a project that is actually delivering on real world promises and active useful applications. Add to it that it is a proof of stake coin and just by holding it you earn 4.65% rewards and there is no staking period meaning you can still actively trade highs and lows. Sitting at a 1.93 as I type this it is still early in the game for Algo. It is on almost every major exchange including CoinBase and CoinEx. Again I only tell you what I think and do, I don’t give financial advice but I did just pick up another 500 Algo during a recent dip into the 1.50 range. Learn more about Algo at https://www.algorand.com
` - Check out Michael Saylor on Tucker Carlson – Likely no one has done more in the past year to promote Bitcoin to the masses then Michael Saylor. The guy is wicked smart (as you’d expect from an MIT trained aerospace engineer) and breaks it down in ways anyone can understand. Saylor calls BTC the “apex predator of finance”. If you really want to be “orange pilled” check out this interview.
` - My Recent Episode on NFTs – If you missed this one, you really should check it out. I know NFTs can seem stupid when used to sell jpegs of stupid monkeys or whatever but it is the most exciting tech to come along since blockchain itself. This episode will blow your mind if you have not seen it yet.
` - The Best Crypto is Free Crypto – If you are not yet on Odysee get on Odysee and just enjoy watching videos on a free speech platform and in return you will earn free LBC tokens. Also if you are not on Flote, you really need to join me on Flote. They already have BTC tipping but they will soon have “Flote Tokens” and you can earn them just by using the platform. Flote is dedicated to free speech and the cryto is just gravy! They will also soon be issuing an NFT that will give owners some special privileges on the Flote Platform.
` - The Cryptocurrency Practical Discussion Group on MeWe – Do you think this post is pretty cool and gives you some real useful information? You’d already have known everything on here if you were part of this group, so please join us. The people in this group are real folks that help each other, we don’t allow spam, pump and dump crap, etc. https://mewe.com/join/cryptocurrencypracticaldiscussiongroup
That’s it for now, remember if you have questions about crypto or anything that we talk about on the podcast you can simply email me at jack at thesurvivalpodcast.com with TSPC in the subject line. If you are not yet a subscriber to our show check out all the options there are at https://www.thesurvivalpodcast.com/subscribe
Good interview with Michael Saylor on the What Bitcoin Did podcast today.
Imo Saylor is a boomer who understands bitcoin. He does understand it’s better than the dollar but doesn’t go any further, thinks BTC with coexist with USD… Not saying what he’s doing is bad but I wish he went a little further down the rabbit hole.
At least that’s what I got from that interview.