Cryptonomics

Kurt is joined again by Chris Guida, long-time Bitcoin enthusiast and co-host of The Multiversity Project. In this episode Kurt and Chris discuss the prevailing zeitgeist of capitalism and anti-capitalism, how personal development and responsibility fit into that picture, how the structure of organisations is likely to change in the future, about how companies like Google already give their employees 20% of their hours to work on whatever project they like, and how cryptocurrency enables similar experimentation with business models. Check out The Multiversity Project: https://multiversitypodcast.com Full interview with Chris: https://www.youtube.com/watch?v=D8WjeTEM3Qc   Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space Please upvote on Steemit: https://www.steemit.com/@cryptonomics1  Watch on BitTube: https://bit.tube/theparadiseparadox Website: https://cryptonomics.space  Facebook: https://www.facebook.com/cryptonomics.space  YouTube: https://www.youtube.com/c/TheParadiseParadox

In this episode, Kurt tells a story about how he lost a lot of bitcoin, and how it taught him lessons about being more conscious and showing proper respect for money. Chris relates it to how security problems in cryptocurrency systems lead them to become much stronger, as knowledge becomes more common and developers create more innovative solutions. Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space Please upvote on Steemit: https://www.steemit.com/@cryptonomics1  Watch on BitTube: https://bit.tube/theparadiseparadox Website: https://cryptonomics.space  Facebook: https://www.facebook.com/cryptonomics.space  YouTube: https://www.youtube.com/c/TheParadiseParadox

For a long time, people in the Bitcoin community have hoped that it could reach mass adoption, that everyone would start using it and abandon fiat currency. That hasn't happened yet. Is it possible that a multinational corporation could take this technology and use their existing user base to introduce it in a way that's user friendly, and dominate the whole market? And if they do, what's the worst that could happen? Let's talk about Facebook's proposed coin, the Libra.  Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space Please upvote on Steemit: https://www.steemit.com/@cryptonomics1  Watch on BitTube: https://bit.tube/theparadiseparadox Website: https://cryptonomics.space  Facebook: https://www.facebook.com/cryptonomics.space  YouTube: https://www.youtube.com/c/TheParadiseParadox

The total crypto market cap has gone up from $140 B to nearly $170 B over the last month. A lot of people out there are skeptical. They say the price is going to crash, the market is still manipulated, it's a dead cat bounce. Other people say "look at all this doubt, people are wary, the market isn't coming back." It seems like a lot of people out there still don't understand market cycles. Disbelief is a part of the cycle, and it might be a very positive one. How can you turn their skepticism to your advantage?  Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space Please upvote on Steemit: https://www.steemit.com/@cryptonomics1  Watch on BitTube: https://bit.tube/theparadiseparadox Website: https://cryptonomics.space  Facebook: https://www.facebook.com/cryptonomics.space  YouTube: https://www.youtube.com/c/TheParadiseParadox

There's a lot to know when it comes to Bitcoin and cryptocurrency, but a lot of people just want to know the basics - how can I buy it and what am I even meant to do with it? In this episode, Kurt explains how to buy Bitcoin and other cryptocurrencies, by purchasing from a regular exchange in your country, arranging a purchase on localbitcoins.com, buying from a decentralised exchange such as Bisq, or buying in person. He also explains the opportunities after you buy your coins - store them and hope the price goes up, trade them for other tokens to speculate or use, or use them for purchases such as Amazon gift cards - or illicit goods on the dark net. Important links: Nobody cares about cryptocurrency - https://www.youtube.com/watch?v=vSxHuxz9KuQ https://www.localbitcoins.com https://bisq.network https://www.coinjar.com https://www.coinbase.com https://exodus.io https://binance.com https://icowatchlist.com https://egifter.com https://gyft.com https://abitsky.com https://coinmarketcap.com https://coincap.io https://cryptocompare.com https://www.torproject.org  https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory  Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space Please upvote on Steemit: https://www.steemit.com/@cryptonomics1  Watch on BitTube: https://bit.tube/theparadiseparadox Website: https://cryptonomics.space  Facebook: https://www.facebook.com/cryptonomics.space  YouTube: https://www.youtube.com/c/TheParadiseParadox

Many cryptocurrency-based sites have popped up over the last 3 years, giving content creators a chance to make money from their art. Steemit gives bloggers a chance to earn some cash, and there are several sites based on the Steem platform - DTube for videos, DSound for podcasts, songs or other audio, Dmania for memes, Utopian for open-source programmers, and even Steem Monsters the trading card game. There's also Bit.Tube, which is a very professional site for video creators and viewers, offering the Tube token. Source Independent is a blockchain project by master shaman Hamilton Souther, with the aim of helping musicians get reimbursed for their creative efforts. Will cryptocurrency present a future full of art and creativity? Will artists have the courage to try something different? Important links: https://www.steemit.com https://d.tube https://dmania.lol https://join.utopian.io https://steemmonsters.com https://bit.tube/ https://sourceindependent.com  Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space Please upvote on Steemit: https://www.steemit.com/@cryptonomics1  Watch on BitTube: https://bit.tube/theparadiseparadox Website: https://cryptonomics.space  Facebook: https://www.facebook.com/cryptonomics.space  YouTube: https://www.youtube.com/c/TheParadiseParadox

Joël Valenzuela is known for his work with the Dash Force public outreach program, delivering presentations, planning conferences and other events. Valenzuela writes for Dash Force News and also oversees the content creation and distribution. Joël is also known for being a man who lives solely off cryptocurrency - specifically Dash. In this clip, Joël explains his experience of seeing the Mexican peso collapse and be revalued as a child, his love for freedom, his interest in precious metals, and how that helped him understand Bitcoin when he first saw it. Watch the full interview here: https://www.youtube.com/watch?v=XUSdfSh5rsU Check out Dash Force News: https://dashnews.org Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space Please upvote on Steemit: https://www.steemit.com/@cryptonomics1  Watch on BitTube: https://bit.tube/theparadiseparadox Website: https://cryptonomics.space  Facebook: https://www.facebook.com/cryptonomics.space  YouTube: https://www.youtube.com/c/TheParadiseParadox

Dash has outperformed the cryptocurrency market over the last month, rising from $79 to $120. For people not familiar with Dash, rises in price always seem unusual, but for those who follow it closely they know that good news is always coming out. After there was a 51% attack on ETC, there was a lot of uncertainty in many smaller crypto projects. Bitcoin and Ethereum are big enough to make such attacks impractical, but for the rest of the market, they may be exposed to this exploit. Dash is working on a solution in the form of Chainlocks, using the Dash masternodes to prevent doublespends, making the system more secure and give faster confirmations. The Dash Core Group has publically released the code for Evolution, the wallet which Dash supporters hope will make crypto more user friendly, looking more like PayPal or Venmo than Bitcoin, allowing merchants to integrate into the wallet and offer discounts, increasing their conversions. However, it seems the main reason that Dash has increased in price over the last month is something more related to short-term trading. Binance added two pairs - Dash/BNB and Dash/USDT. That means traders on Binance are now using those pairs to try to gain an advantage and make more money. Dash Force News - This week in Dash March 25 - March 30:  https://dashnews.org/this-week-in-dash-march-25th-march-30th/ Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space Please upvote on Steemit: https://www.steemit.com/@cryptonomics1  Watch on BitTube: https://bit.tube/theparadiseparadox Website: https://cryptonomics.space  Facebook: https://www.facebook.com/cryptonomics.space  YouTube: https://www.youtube.com/c/TheParadiseParadox

A lot of people have been saying for years that the US dollar is going to collapse, and that will cause another global financial crisis. That's why you should hold onto your crypto for dear life. Is that really the case? USD is still the official currency of other countries such as Ecuador, East Timor, El Salvador and Zimbabwe. It's used for $100Bs of oil trade every year. Hundreds of millions of people pay their taxes in dollars, and despite the Federal Reserve and US Treasury printing trillions, it's still valuable. The IMF has plans to create a system of e-dollars, and as early as 2008, political figures were discussing a new currency system known as Bretton Woods 2 - so there's always a way out. Will the dollar collapse? Let's talk about it in this episode of Cryptonomics.   Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space Please upvote on Steemit: https://www.steemit.com/@cryptonomics1  Watch on BitTube: https://bit.tube/theparadiseparadox Website: https://cryptonomics.space  Facebook: https://www.facebook.com/cryptonomics.space  YouTube: https://www.youtube.com/c/TheParadiseParadox

In the world of cryptocurrency, a lot of investors know this word: HODL. It started as a typo in a hastily typed post on bitcointalk, in which a fellow was telling everyone NOT to sell their bitcoin but hold on. Later it turned into a backronym, "hold on for dear life". Now, whenever the market goes down, people bring on the old memes telling people not to panic, not to sell and above all, HODL. I'm here to tell you why that's really stupid.   Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space Please upvote on Steemit: https://www.steemit.com/@cryptonomics1  Watch on BitTube: https://bit.tube/theparadiseparadox Website: https://cryptonomics.space  Facebook: https://www.facebook.com/cryptonomics.space  YouTube: https://www.youtube.com/c/TheParadiseParadox

Many people have lost money in cryptocurrency, either from oversight, malice or just not knowing how to prepare for market madness. One fellow asked me the other day about how to deal with the pain of seeing his portfolio go from millions to... not so much. While I'm yet to make and lose my first million, I do have a few ideas about emotional intelligence. Here are Kurt's tips for a happy loss, explained in detail in this episode: 1. Count your blessings 2. Find the lessons in the pain 3. Feel deeply 4. Embrace the journey 5. Let go   Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space Please upvote on Steemit: https://www.steemit.com/@cryptonomics1  Watch on BitTube: https://bit.tube/theparadiseparadox Website: https://cryptonomics.space  Facebook: https://www.facebook.com/cryptonomics.space  YouTube: https://www.youtube.com/c/TheParadiseParadox

Luis Fernando Mises is known as the founder of the Emancipated Human website and podcast, as a healer using plant medicine such as huachuma, and as a consultant on servant leadership - helping bosses learn to serve their employees and create a productive workplace. In a recent project management engagement with the Federal Reserve, Luis was surprised to learn that many people there are very interested in digital currency - especially Ripple. In this episode, Luis explains why he sold his bitcoin and ether, and moved his position mainly into the Ripple token XRP after speaking to some people at the Fed, attempting to put his sails into a head wind and hopefully increase his own financial freedom. Kurt counters by making the case for a small project called Halo Platform.   Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space Please upvote on Steemit: https://www.steemit.com/@cryptonomics1  Watch on BitTube: https://bit.tube/theparadiseparadox Website: https://cryptonomics.space  Facebook: https://www.facebook.com/cryptonomics.space  YouTube: https://www.youtube.com/c/TheParadiseParadox Guide to Investing in Gold and Silver: https://www.amazon.com/Guide-Investing-Gold-Silver-Financial/dp/1937832740 Hidden Secrets of Money: https://www.youtube.com/watch?v=DyV0OfU3-FU&list=PLE88E9ICdipidHkTehs1VbFzgwrq1jkUJ

The cryptocurrency market has been making steady lows since January 2018. After going down for so long, most people have forgotten about their crypto dreams of lambos and how this technology is the future, sold their now piddling stake and even taken down their shingle that said "Crypto Guru". But some intrepid warriors persist, looking at these low prices not as a market defeated, but as an opportunity. Can someone make money investing in a low market like this? And if so, which projects are worthwhile?   Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space Please upvote on Steemit: https://www.steemit.com/@cryptonomics1  Watch on BitTube: https://bit.tube/theparadiseparadox Website: https://cryptonomics.space  Facebook: https://www.facebook.com/cryptonomics.space  YouTube: https://www.youtube.com/c/TheParadiseParadox

Bitcoin and cryptocurrency still carry a stigma, promoted by Big Media, that their only uses are funding terrorism and buying drugs on the Dark Net. After the last bubble crashed in 2018, many people are even under the impression that the entirety of the technology is a pyramid scheme or otherwise a fraud. In fact, there are many legal uses for crypto, some of which are already current, and many which will be revealed in coming years. Some examples include: a store of value, monetary sovereignty, tracking a supply chain, online or brick and mortar commerce, sending money to politically unpopular causes such as Wikileaks, proving copyright claims, and the sale of digital assets to represent shares in a company.      Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space Please upvote on Steemit: https://www.steemit.com/@cryptonomics1  Watch on BitTube: https://bit.tube/theparadiseparadox Website: https://cryptonomics.space  Facebook: https://www.facebook.com/cryptonomics.space  YouTube: https://www.youtube.com/c/TheParadiseParadox

The Venezuelan government released the Petro in 2019... Sort of. Cryptocompare.com says they have no data about what the current price is, and Coin Market Cap doesn't list it at all. It seems that it was a state-sponsored scam. A government releasing their own crypto isn't so important to the long-term success of the market. Cryptocurrencies are already finding adoption in one way or another - used in commerce or as fund-raising tools for new companies - in the world's largest nation: the Internet. It doesn't need a formal declaration to have legitimacy. Real-world use is its own statement of legitimacy. Join Kurt and Chris Guida as we discuss this question, and also whether someone should sell their bitcoin after losing 90%. Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space Please upvote on Steemit: https://www.steemit.com/@cryptonomics1  Watch on BitTube: https://bit.tube/theparadiseparadox Website: https://cryptonomics.space  Facebook: https://www.facebook.com/cryptonomics.space  YouTube: https://www.youtube.com/c/TheParadiseParadox

After a solid year of bitcoin making low after low, you might think that it will continue to make new lows. You might even be so confident as to sell bitcoin short - that is, to borrow bitcoins in order to sell them, and profit when it goes lower. Would that be a smart move in market like this? Or would the opposite action be correct - has crypto been going down for so long that it's "due" for a turn around? Should you invest in cryptocurrency now, in February 2019? The other day I spoke with long-term Bitcoin enthusiast and software developer Chris Guida to get his take.  Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space Please upvote on Steemit: https://www.steemit.com/@cryptonomics1  Watch on BitTube: https://bit.tube/theparadiseparadox Website: https://cryptonomics.space  Facebook: https://www.facebook.com/cryptonomics.space  YouTube: https://www.youtube.com/c/TheParadiseParadox

According to Warren Buffett, there are two rules to making money: 1. Don't lose money. 2. Don't forget Rule #1. Sounds pretty obvious, but the question is how to apply it to build your wealth over time? One vital tool is asset allocation - carefully dividing your portfolio over several markets, and rebalancing when they gain or lose share. Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space Please upvote on Steemit: https://www.steemit.com/@cryptonomics1  Watch on BitTube: https://bit.tube/theparadiseparadox Website: https://cryptonomics.space  Facebook: https://www.facebook.com/cryptonomics.space  YouTube: https://www.youtube.com/c/TheParadiseParadox

Is bitcoin going to zero in 2020? Probably not. I sat down with long-term Bitcoin enthusiast and smart guy, Chris Guida, to discuss this question. Chris's response was, the longer something continues, the more likely it is to continue. Bitcoin has been around for ten years, and so it's likely it will be around for ten years more. We also discussed the potential threats to cryptocurrency - some undiscovered bugs, states messing with it, sending NSA spies onto the dev team.  Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space Please upvote on Steemit: https://www.steemit.com/@cryptonomics1  Watch on BitTube: https://bit.tube/theparadiseparadox Website: https://cryptonomics.space  Facebook: https://www.facebook.com/cryptonomics.space  YouTube: https://www.youtube.com/c/TheParadiseParadox

The other day I sat down with my friend Chris Guida, long term Bitcoin enthusiast, software developer and all-round nice guy, to discuss some questions about cryptocurrency that people had raised on the Internet. Please upvote on Steemit: https://www.steemit.com/@cryptonomics1  Watch on BitTube: https://bit.tube/theparadiseparadox Website: https://cryptonomics.space  Facebook: https://www.facebook.com/cryptonomics.space  YouTube: https://www.youtube.com/c/TheParadiseParadox Firstly, do we regret investing in cryptocurrency? Both of us started buying years ago, so the answer was a clear no. However, there are many people who didn't have the good fortune to buy so early. Chris says it's likely that the crypto market will come around again - just like with a traditional market, there's a boom and bust. It's easy for a lot of folks in the media to say that bitcoin is dead and will never come back - but literally hundreds of pundits have said that before, and it hasn't stopped crypto yet. We also discussed whether the crypto bubble of 2017 was a pump and dump scheme, a manipulated effort by whales and market makers, pushing money in and loudly and taking it out quietly. Wherever there are markets, it's almost guaranteed that people are trying to work them in their favour, but in this case it's unlikely that there's one grand conspiracy to push up the price. The price, and the bubble, is a result of a lot of individual actors, buying, selling, holding, and saying the truth or saying lies about what they're doing.

Patreon has blocked YouTuber Sargon of Akkad for dropping N bombs, calling it hate speech. Now many customers and creators are leaving Patreon even if they don't like Sargon. Turns out when it comes to people spending their money, they don't like being Patreon-ised.  Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space Please upvote on Steemit: https://www.steemit.com/@cryptonomics1  Website: http://cryptonomics.space/episode/patreon-screws-itself/ Facebook: https://www.facebook.com/cryptonomics.space  YouTube: https://www.youtube.com/c/TheParadiseParadox Sargon's rant: https://youtu.be/74llFWdeKNM?t=4171 Wikileaks Mastercard parody: https://www.youtube.com/watch?v=jzMN2c24Y1s Wikileaks bypasses financial blockade: https://www.forbes.com/sites/jonmatonis/2012/08/20/wikileaks-bypasses-financial-blockade-with-bitcoin/#150ad8b67202 Satoshi advises against it: https://bitcointalk.org/index.php?topic=1735.msg26999#msg26999 Removal of Infowars: https://www.theguardian.com/technology/2018/aug/06/apple-removes-podcasts-infowars-alex-jones Luke Rudkowski demonetisation: https://www.youtube.com/watch?v=Qb4swxN89Mw Jordan Peterson alternative to Patreon: https://www.dailydot.com/layer8/jordan-peterson-patreon/ Matt Christiansen and Jacqueline Hart: https://www.youtube.com/watch?v=Hv7hvZee-PQ ShortFatOtaku MasterCard conspiracy: https://www.youtube.com/watch?v=IAM3RPRDncU