Is Your Social Feed Making You Happy Or Upsetting You?
Is your social feed making you feel inspired, connected, and informed? Is it making you feel envious, confused, and upset?
Whatever way you feel about your social media feed, you have the control to change who you are following and what you consume on a daily basis. It’s important to audit your digital life and cut out the negativity where possible and maximize the positive.
Let me know how you’re making an effort to improve your digital well being in the comments below.
I spent some time discussing passive income, staking, masternodes, mining, DeFi, and more with Seth "MineYour.Biz" Estrada. Learn how you can start earning passive crypto today with a focus on mining.
*I accidentally used my webcam microphone, so my audio is awful, I apologize*
As Seth describes on his YouTube channel, his channel is part mining report, part video podcast, part instructional media, and part hands-on building/making/DIY learning. ALWAYS fun!
These are some of the questions we went over:
• Can you tell us a little bit about yourself?
• How and when did you originally get into cryptocurrency
• Can you give us a brief introduction to what you cover on your channel?
• What are your thoughts on censorship on legacy platforms and are you using any decentralized social media platforms?
• Let’s talk about DeFi. What’s got you excited in the space?
• How are you making passive income with cryptocurrency?
• What are some of the misconceptions people have about mining?
• What are your thoughts on diversification or are you a crypto maximalist?
• If you had $100,000 to invest into an asset today, what asset would that be?
• So where can everyone go to learn more about you?
Check out https://www.mineyour.biz for more information about him and everything he has going on! You can also find him on many social platforms under @mineyour_biz.
Are you participating in DeFi? How do you make passive income with cryptocurrency? Are you interested in trying out anything we discussed? Let me know your thoughts in the comments below and don’t forget to like, share, and subscribe!
**This is a LBRY first video meaning that it appears on LBRY at least 1 hour before any other platform**
Twitter was socially engineered into giving away administrative access to their top-level users resulting in them all having a bitcoin scam posted on their accounts. This could have been way worse and highlights the flaws in centralized platforms. Let’s talk about it.
My first concern is people thinking that this is somehow indicative of the level of trust we should have for Bitcoin. The only entity we should be concerned about is Twitter and its awful security structure for the level of access and single points of failure.
This highlights the flaws in centralized platforms and props up the use case of using decentralized social media platforms where only you can access your account, but you are also the only one who can recover it. If you want all the responsibility and the blame, then decentralized platforms are for you and this kind of thing will never happen on them.
Some great examples of decentralized platforms are LBRY, Hive, Steem, and any platform that fully utilizes the blockchain for content, access, and moderation. There are many other platforms, but not all are fully decentralized and may just fall somewhere on the spectrum, however, all of the platforms below are more decentralized than legacy platforms like Twitter or Facebook and they tend to uphold values like free speech, privacy, transparency, and the cyberpunk ethos.
The main crypto platforms that I use very actively today are LBRY, Publish0x, DTube, 3Speak, Bitchute, Flote, Memo.cash, Read.Cash, Minds, and Uptrennd. I also actively use Twitter. You can find me everywhere as @ScottCBusiness. I post on about 30 platforms but am not active on them.
Let me know what you think about all of this? Will we see more hacks on legacy platforms in the near future? Does this make you want to switch to decentralized platforms? Will you try out any of the new platforms I’ve listed? Let me know your thoughts about all of this in the comments below and don’t forget to share, like, and subscribe too!
*This is a LBRY first video meaning it appears on LBRY 1 hour ahead of any of platform.
I sat down with Dawson Botsford, the founder of Earnifi to discuss airdrops, how hard they are to find, claiming them, and more importantly how Earnifi streamlines all of this.
**Video Timestamps:**
*00:00 Intro
01:27 Airdrops
07:55 The Problem It Solves
11:15 The Origins
12:40 Expiring Airdrops
14:48 POAP Tokens
18:20 Learnfi
21:00 Earnifi
29:00 Outro*
Hiding out there are millions of dollars in airdrops. Before Earnifi, these airdrops went unclaimed and many expired forever. Hundreds of people find money on Earnifi every day. Protocols sending out airdrops want you to claim their tokens. Just enter your address and find out instantly if you have airdrops waiting!
Personally, I had over $3,000 USD worth of unclaimed airdrops that this tool helped me find. It is partially free and will find you some airdrops, but it also has a paid version that will reveal the premium airdrops for you as well. I claimed about $2,000 or so with the free airdrops and then paid for the premium to reveal the other two airdrops wroth another $1,000.
**These are some of the questions we went over:**
• Can you tell us a little bit about yourself?
• How and when did you originally get into cryptocurrency
• What are airdrops, earndrops, and sharedrops? Why are they so important in crypto?
• Do you feel that airdrops are more of a marketing play or something else?
• How does this play in cryptocurrency mass adoption?
• Can you give us a brief introduction to Earnifi?
• What problem does Earnifi solve?
• How did Earnifi get its name and what was the original idea or motivation to start it?
• What are the next big updates for Earnifi to release soon or that are in the works?
• Where does Earnifi fit in with other existing similar projects?
• Where do you see Earnifi going in the next year? The next 5 years?
• So where can everyone go to learn more about this?
Check out https://earni.fi/ for more information and to learn more about what they have to offer. You can also follow him on Twitter https://twitter.com/dawsonbotsford.
Do you claim your airdrops? Do you find value in Earnifi and are you going to try it? What do you think about Earnifi? Let us know if you have any further questions on Earnifi in the comments below and don’t forget to like and subscribe as well!
**This is a LBRY first video meaning it shows up on LBRY before it gets published anywhere else. If you’re not on LBRY, sign up and get started here: https://odysee.com/$/invite/@ScottCBusiness:4**
While doing my monthly recap report I noticed that some blockchain platforms I use, I grew on much more noticeably than others. While gaining followers isn’t the number one indication of channel growth, nor does it mean the platform is the best platform, I wanted to share the top 5 I grew on and do a brief summary of each to hopefully give you some insight.
Full blog: https://www.publish0x.com/at-scottcbusiness/the-top-5-blockchain-platforms-i-grew-on-in-january-xmoqpm
Let me know what you think about this in the comments below and don’t forget to subscribe!
This is a controversial opinion on NFTs because while I believe most people think they’re silly, there’s a huge community that are now being tapped into by the mainstream, influencers, and celebrities.
It’s fair to say that most people making money are the issuers of NFTs. This could be like the NBA issuing a top shot collection or a popular artist who is releasing their own NFT collection. This has now started to include influencers and celebrities who are cashing in lazily on their fanbases.
There’s a rampant amount of scams, low value projects, and low effort projects, that it’s nearly impossible to know what to invest in.
This is not investing, this is speculation. This is akin to trading collectibles in real life and if you don’t think that’s investing, then neither is this. Too many people who want to invest money find themselves buying random NFTs not understanding the liquidity isn’t there and someone has to actually buy it from you.
A lot of what actually makes an NFT valuable is the exclusivity or its rarity, you can’t just buy random ones and hold them hoping they will go up in value.
You have to become a marketer of NFTs if you actually want the value to go up especially given ideally there are a scarce amount of the one you buy into.
NFTs are exclusive or special anymore because everyone is launching an NFT. It’s become more like unnecessary “digital waste.”
There is also a huge amount of plagiarized NFTs and even an entire archive dedicated to just saving NFTs images for other to utilize: https://thenftbay.org/index.html.
I support NFTs, there are so many use cases for the future, but I would guesstimate that 90%+ of the market is just looking for quick cash, not to support artists or some noble goal.
**Current Use Cases For NFTs:**
• Collectibles
• Tokenized physical assets
• Tokenized real estate
• Tokenized digital rights and monetization – books, music, etc.
• NFT Staking
• Domains
• Video game assets
• Social media/Marketing
• Event tickets
• Tokenized ownership proofs – products, charities, and more
**Future Use Cases For NFTs:**
• Secondary market for gaming assets
• Healthcare records and other records that need to be valid, updated, and accessible
• Identity management
• Certifications, licenses, deeds, or any kind of record can be minted into an NFT
• Loyalty/subscription items
I will cover the “Sleepminting NFT” scam in the future.
Do you agree or disagree? Do you own any NFTs? What do you think about NFTs currently and the future of NFTs? Let me know what you think about this in the comments below and don’t forget to subscribe!
***Disclaimer: This is not financial advice and is purely for entertainment purposes. What you see, hear, or read is my personal opinion, and any statements made are based on my views and should not be misconstrued as fact. My crypto portfolio may or may not be simulated***
? Support Me & Follow Me Elsewhere ?
? http://www.scottcbusiness.com
Ask questions in my Telegram: https://t.me/cryptoandthings
You can find all my cryptocurrency addresses on https://cointr.ee/scottcbusiness
You can find all of my referral links here: https://linktr.ee/scottcbusiness
TRON announced that the migration of DLive will happen April 15th, 2020. Get your Lino withdrawal requirement completed soon because after that your Lino is worth nothing and the blockchain is being “CutOff” and no longer supported. Let’s talk about it.
You can see the official announcement on DLive here: https://community.dlive.tv/2020/01/15/lino-update-bittorrent-rocket-ready-for-liftoff/. If you go through this article you’ll see the main restrictions for withdrawing like the insane requirement that you must have streamed for 80 hours which essentially ensures that anyone who wants their own money back has to stream nonsense or even nothing for 80 hours which is a convenient way to artificially inflate their number of streaming hours in their statistics not to mention keep you from getting your own funds.
This may not apply to people outside the United States, but even then you only have from February 25th to April 15th to trade your Lino points for BTT on Poloniex. I’m not sure why they aren’t supporting this for US citizens, but I’m very sure you will have the same restrictions as I’m not a US citizen and still have these withdrawal restrictions.
I’ve covered all these issues before, but this post is here to outline that you only have a limited time to get your money back and that if you don’t, it will be gone. They abandoned Steem before and they will abandon Lino users in a couple months.
DLive’s faults:
- Extremely centralized (they controlled their token price, it wasn’t on exchanges, you could buy without restriction, but needed full KYC to withdraw and be 16 or older as well as a minimum withdrawal of over 4,250)
- Censorship prone (they banned many people including Alex Jones)
- Didn’t register anything to the blockchain but claimed to be a blockchain platform
- Previously had stake requirements for verification that users probably never earned back and then couldn’t withdraw due to minimum requirements
- Left the Steem blockchain and now are leaving
Ever since I started taking advantage of supports on LBRY I’ve earned more than 3x the LBC I usually make in one month. I’ll show you how you can do the same thing and why you should.
We’ll go through the entire process of supporting your posts with LBC, revoking your claim, and the best strategy to utilize for this process in order to get your channel and posts to trend on the tags you post to. Simply by boosting my content and channel with supports, I was able to turn my average monthly earnings of 1450 LBC into over 5000 LBC earned in one month.
Read full blog tutorial on Publish0x: https://www.publish0x.com/at-scottcbusiness/how-to-earn-3x-more-lbc-on-lbry-xmnyez
I also have a video that goes over all the different ways you can earn LBC you can check out here: https://lbry.tv/@ScottCBusiness:4/How-To-Earn-More-Lbc-On-Lbry-1:e
I will continue making guides and tutorials on LBRY so feel free to leave a question or an ask for me to cover something on LBRY or any other major blockchain platform I frequent. Did this help? Do you create and post on LBRY? Are you bullish on LBC? Let me know what you think about this in the comments below and don’t forget to subscribe!
With so many hacks, bankruptcies, and now supposed crypto liquidity issues on exchanges, you should never leave your crypto on exchanges or any platforms other than your own wallet. Let’s talk about Celsius & Solend.
This is my 524th episode/article. I put a great deal of work into this content so if you find it valuable, please do like, share, comment and subscribe!
Recently Celsius halted all withdrawals and transactions from their platform. I know this feeling all too well with Cryptopia locking up over 1 million DOGE a few years ago for me that I would never see again. Some people like myself had to learn it the hard way, but through our experiences hopefully others will learn the easy way.
I’ve said for a long time that to avoid any issues around ownership and truly embrace decentralization you should own your crypto in your own wallet. This means no lending or anything of this nature, it’s not safe. Time and time again we have seen even massive platforms having to halt transactions. Binance recently paused Bitcoin trades and withdrawals for just a few hours.
Coffeezilla did a good breakdown of the Celsius collapse here: https://youtu.be/1nVG8PF4ECU - the main he touches on that I wanted to note was that Celsius had it in their terms and agreements that you were always lending to them and then they were lending out your lent cryptocurrency. This means they had special ways to get around actually having to collateralize your cryptocurrency and made it extremely risky with leveraged lending that is continually lent through multiple channels for the highest, riskiest yield possible.
Recently after Celsius did this so did Babel Finance, a similar lesser known entity that does crypto lending etc. Luckily, Nexo is talking about taking on their accounts, but we will see what happens. With the market in a free fall one has to wonder what will happen to Blockfi or Crypto.com who has invested way too much of their money into marketing while their CRO token has plummeted nearly 90% from its all time high. While most cryptocurrencies are suffering, those leveraged with debt may all come crumbling down and the money used to back that may be lost too. Look no further than Celsius’ pinned tweet - https://twitter.com/CelsiusNetwork/status/1536169010877739009.
The reason I’m writing this is simply another reminder that we need to keep our crypto in wallets that we control, preferably hardware wallets. We do this to avoid any possibility that your crypto could be misused or that anyone else even has access to it other than you.
It’s not even just lending platforms, sometimes it’s the way entire chains operate. This can be seen with the latest happenings on Solana’s blockchain with the proposal to give Solend Labs emergency powers to take over a user’s account in order to liquidate their 170 million dollars worth of SOL. Since this would result in 46% on chain slippage, they want to do it via an exchange. The only way to achieve this would be to literally take the users funds and do it themselves so they are voting on whether or not to grant full emergency powers. Anything that touches lending is very risky and this is so clear to see that even though this is related to lending, the entire chain itself is at risk and willing to give 100% centralized powers over to a Solana entity. This shows how risky anything related to lending can get and why you should stay as far as away from lending crypto as possible. This tweet gives a great explanation of what’s happening with Solana - https://twitter.com/45BillionCrypto/status/1538534849958625280.
The more closely a cryptocurrency is tied to lending, the riskier it is. We already saw this clearly with Terra’s LUNA and the Anchor lending protocol, so it should be clear why something like Solend isn’t going to be any safer.
Don’t learn the hard way, go through the extra effort to secure your crypto. For me it cost almost 100K to learn this lesson, I hope for you it won’t cost anything. It’s always made me cringe to see popular finance gurus recommending people use platforms like Blockfi to earn interest on their Bitcoin without explaining that you could lose everything because of it.
Have you ever lost crypto like this? Were you affected by the Celsius issues? Do you lend your crypto on any platforms? Let me know what you think about this in the comments below and don’t forget to subscribe!
***Disclaimer: This is not financial advice and is purely for entertainment purposes. What you see, hear, or read is my personal opinion, and any statements made are based on my views and should not be misconstrued as fact. My crypto portfolio may or may not be simulated***
? Support Me & Follow Me Elsewhere ?
? http://www.scottcbusiness.com
Ask questions in my Telegram: https://t.me/cryptoandthings
You can find all my cryptocurrency addresses on https://cointr.ee/scottcbusiness
You can find all of my referral links here: https://linktr.ee/scottcbusiness
Don't you hate all the Ethereum gas fees? Don't you wish there were an easier way to onboard to exchanges that didn't involve completing KYC every time? Numio has the solutions you are looking for!
I sat down again with Mark Anstead, who is now the co-founder and director of business development at Numio to discuss the project and much more. We cover Ethereum 2.0, and its solutions for identity management and Ethereum gas fees.
Numio is all about your identity and your money. Manage your crypto securely with Numio’s zkRollup powered blockchain technology. This is your one stop solution for identity management so you can instantly onboard to various KYC platforms. It’s also a solution for layer 2 transactions on Ethereum so you can avoid paying outrageous gas fees.
**Timestamps:**
*00:00 Intro
00:28 Tell Us About Yourself
02:43 What Is Numio
05:07 Numio Origins
06:35 Ethereum 2.0
15:00 ETH Gas Fees
25:25 Problem Numio Solves
30:20 Numio Identity Solution
35:15 Where Numio Lines Up
37:14 Numio’s Future
39:50 Outro & Final Thoughts*
**These are some of the questions we went over:**
• Can you tell us a little bit about yourself?
• How and when did you originally get into cryptocurrency
• Can you give us a brief introduction to Numio?
• How did Numio get its name and what was the original idea or motivation to start it?
• What are some insights you can share with us about Ethereum 2.0 and the scaling process?
• What are the next big updates for Numio to release soon or that are in the works?
• Where does Numio fit in with other existing similar projects?
• Where do you see Numio going in the next year? The next 5 years?
• So where can everyone go to learn more about this?
Check out https://numio.one/ for more information and to learn more about what they have to offer.
What do you think about Numio? When will Ethereum finally solve high gas fees? Is Numio the solution we need for Ethereum? Will you use Numio as a one stop shop for KYC? Let us know if you have any further questions on Numio in the comments below and don’t forget to like and subscribe as well!
**This is a LBRY first video meaning it shows up on LBRY before it gets published anywhere else.** If you’re not on LBRY, sign up and get started here: https://lbry.tv/$/invite/@ScottCBusiness:4