GM. This is Ponder Crypto!
|
|
|
|
We're the early bird that catches the worm in the crypto space, if the worm, of course, is digital and can't be controlled by a corporation, the government, or a fisherman for that matter.
|
|
|
|
📈 Ah hell, here we go AGAIN
|
|
|
|
📰 Crypto Chronicles 2023: Week 20
|
|
|
|
🎥 This Week on PonderTube
|
|
|
|
🤔 Quiz Time! - Blockchain Technology
|
|
|
|
📈 Ah hell, here we go AGAIN
|
|
|
|
Everyone is waiting for a resolution to the debt ceiling.
|
|
|
|
As we get close, markets are starting to shake more with the idea that the US could actually default.
|
|
|
|
Every time we've gotten close to hitting the ceiling in the past, one of the political parties holds it ransom to try and get their initiatives pushed through before voting to raise it.
|
|
|
|
So Basically, I think this is going to be another "down to the wire" scenario.
|
|
|
|
All of the news media outlets will talk about "what happens if the US defaults.
|
|
|
|
Markets will tremble a bit, might have some slight pull back simply due to the uncertaintaly.
|
|
|
|
But in the final hour, somehow, both republicans and democrats will have come to an agreement and yet again, kicked the can down the street.
|
|
|
|
Expect some market turmoil over the next two weeks as the media prepares the country and the entire world for the US to default.
|
|
|
|
THEN, we will hear of how to the two sides came together, "saved the day", and all is right again with this world.
|
|
|
|
Again, this is white noise and should not drive your long-term investment thesis. The US will NOT default.
|
|
|
|
Just my 2 satoshies. Not financial advice.
|
|
|
|
📰 Crypto Chronicles 2023: Week 20
|
|
|
|
Top stories you should know this week.
|
|
|
|
Brief Summary: Hardware wallet manufacturer Ledger has been met with significant backlash following the introduction of a new feature. The feature in question allows users to connect their Ledger devices to an external online service, called Ledger Live, which has raised concerns among the cryptocurrency community about potential security risks. Critics argue that connecting hardware wallets to an online service undermines the core purpose of these devices, which is to provide offline storage and enhance security. Ledger is now facing criticism and scrutiny as users express their concerns over the potential vulnerabilities introduced by this new feature.
|
|
|
|
Ponder Crypto's Take: Ah, I gotta say, I'm not entirely thrilled with this one. I'm a diehard fan of Ledger, hands down the best hardware wallet and app combo I've come across so far (with Exodus a close second). But while this new development might make sense in the traditional finance world, it kind of clashes with the hardcore ethos of crypto—total self-sovereignty. It's not a deal-breaker for me with Ledger, at least not yet, but I'm definitely giving the situation a closer look. The uproar feels a tad overblown though. Many folks I chat with actually like having a safety net for their private key recovery, even though the idea of trusting central entities gets a lot of flak. The million-dollar question here: If you decide to opt-out, could there still be a sneaky way your private key can be "recovered"?
|
|
|
|
Brief Summary: US lawmakers have reintroduced a bill to address their concerns about perceived risks associated with the adoption of cryptocurrencies in El Salvador. The bill aims to scrutinize and mitigate the potential consequences of El Salvador's decision to make Bitcoin legal tender. Lawmakers are particularly concerned about issues such as money laundering, financing of illegal activities, and the impact on global financial stability. By reintroducing this bill, lawmakers seek to actively address and regulate the perceived risks associated with crypto adoption in El Salvador, reflecting the ongoing debate surrounding cryptocurrencies in the United States.
|
|
|
|
Ponder Crypto's Take: El Salvador is laying out the welcome mat for developers and entrepreneurs to set up their crypto ventures, making the country an exciting hotspot for the industry. By creating a friendly environment for crypto, it's no surprise that they're fostering growth, though this has put them in the crosshairs. Honestly, I'd love to see more countries step up and take a similarly bold stand, helping share the weight of challenging the G20's restrictive financial outlook. I mean, who doesn't like a little healthy competition, right?
|
|
|
|
Brief Summary: Coinbase, a prominent cryptocurrency exchange, has labeled the popular internet meme character Pepe the Frog as a "hate symbol," leading to calls for a boycott of the platform. This decision by Coinbase sparked controversy, as Pepe is widely recognized as a harmless and playful character in online communities. Critics argue that Coinbase's move is an overreaction and an unnecessary restriction on freedom of expression. The backlash against Coinbase includes calls from users to cease trading on the platform and seek alternative exchanges. The incident highlights the ongoing debate surrounding the interpretation and handling of internet memes and their potential impact on online platforms.
|
|
|
|
Ponder Crypto's Take: Pepe-themed NFTs are all the rage right now, hence why this article's part of the mix. But honestly, I'm kinda over it. Is it too much to ask to push past JPEG art and start exploring the real game-changing potentials of blockchain? I get it, folks are always gonna be hunting for a quick money grab. But I'm really excited to see blockchain used in ways that make a real difference in various industries—stuff we can point to and say, "Hey, check out this awesome, positive impact." Now, that's something to be proud of.
|
|
|
|
Brief Summary: A bill titled the "Texas Bill of Rights for Cryptocurrencies and Digital Currencies" has been introduced in the Texas State Legislature. The proposed legislation aims to establish a framework for the use of cryptocurrencies and digital currencies in various aspects of public life, including voting. The bill seeks to provide individuals with the right to use digital currencies for transactions, prohibits discrimination based on cryptocurrency usage, and recognizes digital signatures secured by blockchain technology as valid. If passed, this bill would position Texas as a crypto-friendly state, fostering innovation and providing legal protections for cryptocurrency users.
|
|
|
|
Ponder Crypto's Take: There's a growing trend that's hard to ignore: states like Texas and Florida are veering more libertarian, and honestly, it's stirring things up. Not that I'm pushing for succession, but it's hard to miss how this might get under some skin in DC. As a Texan, it gives me a sense of pride to see my state leading the charge, and I'm rooting for other states to follow suit. Who knows, it might just be the push needed for some changes at the federal level.
|
|
|
|
🎥 This Week on PonderTube
|
|
|
|
The public school system as we know it today was intentionally designed and established around the 1900s, marking a departure from the historical norm where children learned skills directly from their parents to survive. While ancient Greece had school systems, they were the exception rather than the rule throughout history.
|
|
|
|
The current public schooling system entails compulsory, government-mandated education for children of the same age, learning together in an environment that may seem disconnected from their future endeavors.
|
|
|
|
However, the system's design has a specific intention behind it. Although many people are dissatisfied with the system's performance, understanding its deliberate setup is crucial.
|
|
|
|
Krystal and Saagar discuss the collapsing faith in the housing market in the USA.
|
|
|
|
🤔 Quiz Time! - Bitcoin History
|
|
|
|
Think you know blockchain technology? |
|
Let's put your knowledge to the test! |
|
|
|
|
Ok, here we go. |
|
What is Blockchain Technology? |
|
|
|
|
|
|
Next, |
|
What is the process of adding transactions to the blockchain known as? |
|
|
|
|
|
|
Last but not least |
|
Which consensus mechanism does Bitcoin's Blockchain use? |
|
|
|
|
|
|
Quiz results |
|
0% |
|
0 out of 0 correct answers
|
|
|
|
SHARE RESULTS
|
|
Think you know blockchain technology?
|
|
Let's put your knowledge to the test!
|
|
|
Ok, here we go.
|
|
What is Blockchain Technology?
|
|
|
|
|
Next,
|
|
What is the process of adding transactions to the blockchain known as?
|
|
|
|
|
Last but not least
|
|
Which consensus mechanism does Bitcoin's Blockchain use?
|
|
|
|
|
|
|
|
|
|
|
|
Share with friends, get cool stuff!
|
Have friends who'd love our newsletter too? Give them your unique referral link (below) and get an awesome reward when they subscribe.
|
|
|
See how many referrals you have
|
|
|
|
|
|
|
This is not financial advice. I am merely stating my own opinion on how I am perceiving the current market structure and conditions. Consult with a legal investment advisor and all the other good legal stuff that needs to be said.
|
|
|
|
Ponder Crypto Newsletter |
|
👉 Subscribe for FREE Today 👈 |
|
|
|
|
|
Disclosure: All content shared in the Ponder Crypto website, newsletters, video channels or any other medium are for entertainment purposes only and should not be received as legal or financial advice. We are not legal experts or financial planners so please, exercise proper due diligence and do your own research.
|
|
|
|
|