EddieJayonCrypto

 15 Feb 22

tl;dr

Today's perspective is quite interesting. Here is what is on my mind:1. My brother sad "Video topic: Crypto gonna bomb like .com". That says a lot and represents a good amount of people that feel the same way. Well, Michael, her are my thoughts. I do not think we will have another bust. That's right...

Today's perspective is quite interesting. Here is what is on my mind:

1. My brother sad "Video topic: Crypto gonna bomb like .com". That says a lot and represents a good amount of people that feel the same way. Well, Michael, her are my thoughts. I do not think we will have another bust. That's right, "another". It happened back in 2018 when Bitcoin was at about $3.3K. Then it started coming back. It went all the way up to $69K. Indeed, it dipped this year, but not nearly to the levels seen in 2018. The difference right now is the amount of money being made, the number of people involved and the actual underlying technologies that are actually being leveraged.

2. The Cent was forced to suspend sales of NFT due to plagiarism and wash trading. Before you ask, wash trading is when you try to create a false history for an NFT by selling it to yourself. People want to do that to make people think the art is sought after. I have seen it on a lot of NFT marketplaces. It is hard to stop. You can recognize that when you see a list of transactions for the NFT you are interested in and they don't seem real. Like the first sale was a floor price and the next one was for significantly more

3. Coinbase hires a new VP of Global regulatory Policy and they happen to be a former SEC Official. Along with about 2000 new hires, I would say they wanna be startin' something, like Michael used to say.

4. In a recent report Kraken Intelligence identifies Cardano as a lading Layer 1. They pointed out that Cardano, even with some significant delays, has always delivered what they say they are going to deliver. As well, when they do deliver the expectations are always met. With a number of partnerships with many countries, especially in Africa, Cardano stands to have a bright 2022.

5. In typical Russian fashion there are still discussions about crypto even though Putin has basically said to make it so. That said, the digital Ruble has successfully begun trials.

🔥 Check out my new NFT: https://opensea.io/collection/nyc-original-graffiti-sebar-7-blue

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