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    Cryptocurrency Daily Discussion - July 11, 2021 (GMT+0)

    July 11, 2021

    Cryptocurrency Daily Discussion - July 11, 2021 (GMT+0)

    Daily Discussion - July 11, 2021 (GMT+0)

    Posted: 10 Jul 2021 05:00 PM PDT

    Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.

    Disclaimer:

    Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

    Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.

    Rules:

    • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
    • Discussion topics must be related to cryptocurrency.
    • Behave with civility and politeness. Do not use offensive, racist or homophobic language.
    • Comments will be sorted by newest first.

    Useful Links:

    submitted by /u/AutoModerator
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    Not a flex or something but i upvote every redditor who has less moons ( Not shitposters tho ).

    Posted: 11 Jul 2021 03:23 AM PDT

    So yeah i do that and i feel happy from inside that in the next round they are going to get some more moons.

    It's just because people here generally don't upvote each other and i don't know why.

    My mother always used to say 'if you do good for someone that good deed comes back to you in some way or other'.

    Just wanted to share this. Stay healthy and happy.

    submitted by /u/I-LUV-CUPCAKES-AND-U
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    So I’m watching the massive UFC event going on tonight

    Posted: 10 Jul 2021 08:31 PM PDT

    And I've gotta say it's insanely fucking cool to see all the shirts with crypto.com on them, every beer deeper I get it's as new as when I first saw it and I'm honestly loving it! All FUD aside if you told anyone 3 years ago that we'd be seeing this level of crypto sponsorship in the public space most people would've called you a dreamer, so this is super cool to see.

    submitted by /u/ZC2003
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    “ I haven’t heard you talk about your Cryptocurrency...”

    Posted: 10 Jul 2021 09:14 PM PDT

    My wife walked in to my office today and piped up and said " you haven't been talking about your cryptocurrency ( yes she says the whole word all the time). I said " what you mean". She says " well a couple months ago you used to tell me everyday how much you made, now I never hear anything about it... have you lost everything "

    My jaw dropped. My reply " I'm not at a loss but yes it's dropped a good bit... but I'm not at a loss. I'm not at a loss. Did I mention I'm not at a loss god damn it.

    Just wanted to share.

    submitted by /u/ezdudera21
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    No more Dogecoin or memecoin shilling on TikTok after ban on paid crypto promotions

    Posted: 10 Jul 2021 11:39 PM PDT

    The scariest part of crypto is actually transferring it

    Posted: 10 Jul 2021 04:35 AM PDT

    I believe everyone of us has transferred their crypto at one point. Be it from an exchange to a wallet or from one exchange to another.

    and I think we can all agree on it being pretty terrifying...

    and that a problem. I believe this hinders mainstream adoption especially for non tech savy people. You have no security if you send your funds to the void. You can send test transactions but this makes you lose money of course.

    What are projects and aim to solve this issue and how do you see this playing a role in the future.

    I dont want to have to check my 40 character each time while suffering a light heart attack.

    submitted by /u/Killertimme
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    Finally people are starting to stop listening to billionaires

    Posted: 10 Jul 2021 05:48 PM PDT

    Thank fuck that people are starting to not listen to Elon. His latest tweet knocking btc and eth and of course praising dogecoin and there was little price action. Keep it up folks! It's not decentralized if we have some rich asshole tweeting and manipulating the market.

    submitted by /u/livingrovedaloca
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    This Guy Makes His Side-Money Selling D*CK Pic NFTs (NSFW)

    Posted: 10 Jul 2021 05:57 PM PDT

    Over 50 Million Americans Likely to Buy Crypto in the Next Year.

    Posted: 10 Jul 2021 07:29 PM PDT

    If you’re having a bad day just know my friend bought $1000 of doge coin at 69 cents.

    Posted: 10 Jul 2021 07:48 AM PDT

    And he also bet me that it would hit $1 during the craze. He bet me $100 and has yet to pay haha.

    I hope you all have a good weekend and hopefully my friend's crypto investing strategy made you feel a little better about yourself.

    (He's a good sport about this situation.)

    submitted by /u/AAFourAA
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    Why even Ethereum 2.0 will not be as scalable as you think

    Posted: 10 Jul 2021 12:26 PM PDT

    When reading this keep in mind that I'm not talking about the next few years but about a much much wider timeframe. I also expect a wave of downvotes but if you have constructive criticism I encourage you to write it.

    A lot of people throw around the 100k TPS of Ethereum 2.0 and how it'll solve scalability forever... but the reality is not that simple. Let me expand on this:

    Ethereum 2.0 will be split into 64 different chains (all kind of equal to the current Ethereum) that connect to the beacon chain to improve scalability. The high TPS numbers that are thrown around are in theory a combination of all the shards running asynchronously + layer 2 solutions BUT the assumption here for 100k TPS is that all the load on Ethereum will be split to fill equally all shards, which is not realistic, let me explain why...

    The biggest issue with this architecture is that interoperability is kind of thrown out the window, for two shards to interact with each other they first have to go through the beacon chain and that takes about 6-12 minutes due to security which means that everything that needs synchronous and instant interoperability with everything else will be forced to go into the same shard which means that they will be bottlenecked by the shard's slow speed (less than 40 tps on chain, maybe 1-2k tps WITH layer 2 scaling).

    At this point you'll say that "2k tps is super scalable, Visa is doing that much on a daily basis". That's wrong. We shouldn't compare smart contract platforms that are supposed to be the backbone of the Web3 with simple payment processors like Visa. Smart contract transactions can be triggered automatically and they can in turn trigger tens or maybe hundreds of other transactions, a smart contract platform is insanely more demanding than a value transfer protocol like Bitcoin, Monero, Nano etc.

    A better example are the Nasdaq Markets which ACTUALLY handle at least 75000 TPS of orders, cancellations and trades continuously and scales to 250000 tps if needed. How can we decentralize JUST this one exchange on an Ethereum shard in a future where Web3 will have a billion users?

    I'm not here to break your bubble, Ethereum 2.0 will hold up for a many years without big issues and it will onboard millions of new people into Web3, but it will not be able to be the backbone of the new internet by design.

    Ethereum 3.0?

    submitted by /u/Simple_Yam
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    Crypto.com all over the octagon at UFC 264

    Posted: 10 Jul 2021 07:34 PM PDT

    The recent advertisement drive by crypto.com has been phenomenal. I've invested with them due to their recent investment with themselves. I wonder if they're gonna be advertising at the World Cup next year? They are only gonna grow further, which I hope will help push CRO.

    Edit: That ending was fucking gruesome.

    submitted by /u/GettingRichQuick420
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    CBDCs are complete anti-thesis to everything crypto stands for, even paper cash is superior to CBDCs

    Posted: 11 Jul 2021 01:47 AM PDT

    Central Bank Digital Currencies (CBDCs) are often mentioned in crypto news as if they are part of broader crypto adoption.

    Some naive and confused "crypto influencers" are trying to defend their politicians by saying - yes, he/she is against Bitcoin but they support "blockchain technology", so they are on our side.

    Some crypto foundations even help central banks to develop CBDCs and their reddit cheerleaders are excited about it, naively hoping that it will pump the price. What's even more pathetic is that crypto projects who wasn't chosen by central banks look with jealousy at other crypto projects who got "blessing" from central banks.

    Establishment (MSM, "economists", institutions like BIS) are trying to sell idea of CBDCs to naive crypto kids as - so you like crypto because "digital, digital, everything is digital", we offer you superior version of crypto as CBDCs backed by well-respected Central Bank. And many excited by idea of "cashless society" because paper cash isn't cool, "outdated" concept.

    While majority of people are skeptical about big corporations (especially when it comes surveillance), the same people usually have absolutely zero suspicion about the government itself. They think that government institutions are somehow above the market, above greed, above desire for power grab. Those naive intellectuals think that the state is some neutral abstraction which can step in and tame corporate greed. They foolishly think that if you just write your "rights" on a piece of paper called the constitution, then everything will be alright. They have absolutely no idea that the only thing what really matters is balance of power (not paper power written in constitution but actual power). Any organization have insatiable appetite for power, regardless if it's private or public organization. And any organization will try to use any excuse to legitimize its power grab. This is what academic "economists" and other intellectuals will never, never able to grasp. In fact, the more time a person spent in academia, less chances to understand this.

    This is what Satoshi Nakamoto understood. That's why he created trustless, censorship resistant, decentralized protocol. Bitcoin isn't about "blockchain technology", it's about censorship resistance and real ownership (as opposed to "fiat ownership"). If anything, blockchain itself is rather a liability, a cost you have to pay to preserve Bitcoin (or other crypto) properties, so blockchain isn't benefit on its own (except some niche non-monetary applications).

    CBDCs are, on the other hand, fiat on steroids. CBDCs are ultra-centralized, ultra-trust, surveillance money. CBDCs is perfect opposite to crypto. Even paper cash is closer to crypto than CBDCs.

    Right now, Barclays or HSBC might freeze your transaction to Binance for "your own safety". It's very unpleasant but at least you can find smaller bank who might or might not willing to facilitate your transactions. If you can't find any bank, you can try to use PayPal or other payment provider who is willing to work with you. In the worst case scenario, you might still bring paper cash to WesternUnion. Now, imagine if you have CBDC which has total control over your money and no paper cash. If they start "caring about you for your own safety", there is absolutely no place to escape. Imagine if you replace all financial institutions, abolish paper cash and put HSBC in charge of everything.

    Some might answer something about democracy, that HSBC is private, while CBDC is public etc. That's why I already mentioned about balance of raw power as opposed to paper power written on piece of paper. Intellectuals use democracy, constitution as magic spells, as something given for eternity just because of some piece of paper. Let me tell what CBDCs will do to remains of liberal democracy. You want to donate money to anti-establishment politician, the government will know your political view in instant, your transfer might be blocked and you will be automatically in their "watch list". Right now, banks can do this as well. However, there are many banks, even if they are mostly very nasty, they aren't exactly the same. Moreover, it's a messy, slow process for government to obtain records about your transactions from private financial institutions. CBDCs remove all remaining obstacles for omnipotent government. CBDCs will streamline total, inescapable surveillance.

    So as a result, you might be upset about corruption of democratic institutions. That's why you decided to go to protest against the government. However, you still have to buy tickets to subway to go to protest. Too bad for you, the government will already know you are "active, undesirable element". So next time, when you try to book airline flights for vacation, the government will freeze your payment because you are already in their "watch list" (so that they will "train" you to be compliant).

    Now, let's talk about wet dream of academics - forced Keynsianism. In order to "stimulate" spending, CBDC can set expiry date on your savings. So you have to spend your savings on useless goods. All your attempts to escape expiry date by buying stocks, gold, crypto will be blocked because this is not what you are "supposed" to do. Same applies to inflation. If you try to escape inflation by buying assets, you might be labeled as "unpatriotic", so you will be forced to keep rapidly depreciating CBDC.

    As a last resort, you might want to convert your wealth into crypto by buying ASICs, GPUs or lots of SSDs (for proof-of-space cryptos). Too bad for you, the government will immediately see your intent.

    If it sounds too dystopian and unrealistic for you. I can say one thing - governments almost never grab power quickly. They will slowly "train" you to accept new reality. More than a hundred years ago, there were debates whether or not having central bank. Now existence of central banks is taken for granted by both sides of political spectrum.

    Cryptocurrencies are the last hope for humanity to escape dystopian nightmare. The only way cryptocurrencies can survive if they become mainstream within 5-10 years. In other words, there should be significant amount of real crypto holders/users (not crypto gamblers) to be serious political movement. It's also important if much more corporations hold crypto because they have lobbying power to protect their investments (for their selfish reasons, even if they are nasty).

    submitted by /u/omgcoin
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    Sometimes selling isn’t bad

    Posted: 11 Jul 2021 12:02 AM PDT

    A Huge upgrade to Ethereum is coming within the next month. Here's what it means for the price of ETH

    Posted: 10 Jul 2021 02:36 PM PDT

    EIP-1559 is a proposal for Ethereum that will be released on August 4th. This is the first step in ETH2, and the shift to Proof Of Stake. In essence, it will make gas fees more consistent and predictable. This is necessary because it will allow users to predict their transaction fee more effectively before sending.

    Another aspect of EIP-1559 is that it will burn the gas fees, making ETH less inflationary. This is a big deal for holders because less coins will be available for miners to sell, therefore the circulating supply will be diminished. This is a good thing for your ETH because a lower circulating supply means a higher price per coin.

    Full Disclosure: I own ETH and I am very bullish on it.

    submitted by /u/roberthonker
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    Don't be afraid to ask if a local business accepts crypto! This is the only way that we will ever get adoption.

    Posted: 10 Jul 2021 07:57 PM PDT

    The next time that you are out shopping in a local business, ask them if they accept crypto. Trust me, just give it a try. The worst that can happen is that you get a strange look from the owner. You'd be surprised the number of local business owners who are willing to accept crypto to save themselves fees from the big boys like Visa or Mastercard.

    If you want crypto adoption, show your local businesses that there is interest for them to accept it. If no one ever asks them about it, they will assume that no one wants to pay with it. Crypto is a wonderful revolution that benefits both you and the shop owner, while giving the middle finger to big banks and corporations.

    submitted by /u/roberthonker
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    The Man Who Trashed $378 Million Worth of Bitcoin now plans to Search the Trash for 12 Months using X-Ray and AI

    Posted: 10 Jul 2021 08:30 PM PDT

    I'm selling - All you have to have in life is not patience or knowledge, but luck...

    Posted: 10 Jul 2021 08:11 AM PDT

    So yes, it looks like this is happening. My grandfather lives in Hungary and somehow he got a really serious knee deformation. His left leg looks like a half moon and it's getting worse and worse. He just has been to the doctor and the answer is boiling my blood.

    "Yes it is very serious and we need to act quickly. Not so quickly though, first of all I have a holiday until 22nd of July and I wouldn't want to redirect you to another doctor BECAUSE I can opeate your leg in my private clinic for around 7-8000 Euros. But if you don't have that kind of money, well, I can still put you on the waitlist here (in the city's public hospital) but it looks like then your turn is somewhere around the end of next year."

    If you are any familiar with the Eastern European wages and state of the countries, then you know how much that 7-8k Euros is. My family obviously doesn't have that kind of money and I am fortunate enough to live in Austria and work my ass off to start my own family, so I could put some savings into crypto. From that portfolio, I can (with the current prices) pay half of the surgery and also put my cash savings into it, so around the 70% will be paid by me and the remaining will be distributed among my family members.

    The reason is why I'm writing this here is 1. I gotta be honest, if this blows up and I can earn some on it, it will further help me to pay for the surgery and 2. I'm kind of tired of all the bullshit talk about "hard work and work clever". BULLSHIT. I have worked my whole life to be where I am now, coming from a poor background and now I am resetting to 0 again because of pure bad luck. You don't need anything else in your life just luck and that's all. Don't have delusions about becoming a millionaire or financially indepentend on waiting years with a crypto portfolio or daytrade. You can affect it to a certain degree, but all depends on luck.

    Now I am waiting for at least some luck to have a +10% day or something around it, so I can cash my portfolio out and have some extra money in case if it's needed.

    I wish you better luck guys...

    submitted by /u/gulasch_man
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    It's fight night, big fellas!! Tonight embarks the beginning of a 10 year deal between the UFC and Crypto.com, where our ecosystem will be represented and showcased to millions of UFC fans around the world, almost every weekend.

    Posted: 10 Jul 2021 05:23 PM PDT

    Its so crazy to me seeing crypto being shown during major live sporting events, talked about on traditional stock market media platforms and slowly becoming a part of poeples daily lives, whether it be by being involved or exposed to it through the media they consume.

    Its getting easier by the day to get involved with this space and we've come so far in such a short amount of time!

    It feels surreal sometimes.

    Who are you guys rooting for tonight? Coins and fighters!

    submitted by /u/WhiteGoldTeef
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    Tried the Pancake Swap lottery with one ticket on an absolute first-time whim, won 60 CAKE (worth $870)

    Posted: 10 Jul 2021 02:07 PM PDT

    Tried the Pancake Swap lottery with one ticket on an absolute first-time whim, won 60 CAKE (worth $870)

    Absolutely do not enter the lottery on Pancake Swap. Lotteries are dumb. You will lose all the money you could be staking instead. The chance of winning anything is near-zero. You will not win anything. Every ticket costs around $5. It's not worth it. It's silly and stupid to put money into lotteries.

    However...

    ...I tried it yesterday on a whim because I was bored and happened to have 0.4 CAKE in my wallet. Bought one ticket for 0.35 CAKE (about $5), didn't change the numbers. Today I found out I won 60 CAKE worth $870. Beyond lucky.

    Why am I telling you this? Because I can't tell family or friends due to Crypto Rule #5 (never tell friends or family how much crypto you have). But the story is so lucky I had to share with someone. And none of you moon-loving bastards know me.

    Swapped the 60 CAKE for 870 USDC and staked it straight into the aave pool on Curve, boom.

    BOW TO ME, I AM THE GOLDEN GODDESS

    The lucky sequence:

    https://preview.redd.it/8hh0yjn39ga71.png?width=642&format=png&auto=webp&s=b29de90a7156c6f99e0cb0ddcd130d89df98f7c1

    submitted by /u/ixtechau
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    [FIRST UPDATE] TOP 100 Moon Holders!

    Posted: 11 Jul 2021 02:09 AM PDT

    It took me some times but I decided to make a top 100 moon holders ranking and I will keep it updated after every Moon distribution.

    I marked the MODS to make the difference with the regular users.

    I also started from the 6th place as the 5 first places are only about the management of moon distribution/burning, but not owned by anyone.

    Moreover, I disqualified 7 adresses holding moons as they are not related to any Reddit account and have no voting power. Some users listed here do not have much voting power too as they mostly bought the token, but I decided not to mention it beside their username.

    Feel free to give me feedbacks on how I could improve the ranking or the design of this post.

    If you see any mistake, please let me know and I'll correct it ASAP.

    Remember that moons holding is not a competition and I'm only doing this for data purpose.

    Congratulations to those listed below for reaching the TOP 100!

    Top 100 Moon Holders Amount of Moons held
    1. u/nanooverbtcMOD 723,357
    2. u/jwintermMOD 608,340
    3. u/CryptoMaximalistMOD 538,389
    4. u/CryptoChiefMOD 503,613
    5. u/LargeSnorlaxMOD 489,686
    6. u/SamZFury 477,959
    7. u/SamsungGalaxyPlayerMOD 436,492
    8. u/Desperate_Mmirc 426,570
    9. u/Lastmanonboard 404,386
    10. u/SpacesiderMOD 351,055
    11. u/baklavamasterMOD 332,914
    12. u/LATech99 312,001
    13. u/shimmyjimmy97 MOD 240,461
    14. u/mortuusmare 222,222
    15. u/AdamSC1 193,263
    16. u/Tommy_1971 189,000
    17. u/mb6791 185,271
    18. u/crypto_buddhaMOD 159,949
    19. u/iphonexmas 153,987
    20. u/robis87 124,572
    21. u/MagoCrypto 123,587
    22. u/IAmNocturneAMA 116,603
    23. u/o__0_ 102,266
    24. u/Novalisstark 101,003
    25. u/SweetPie123 100,276
    26. u/gdj11 96,939
    27. u/McgillbtMOD 94,914
    28. u/crypto_grandma 91,947
    29. u/TR5_ 90,599
    30. u/bitmeme 87,905
    31. u/CS_1976 83,712
    32. u/Osemka8 82,602
    33. u/Vartemis 75,319
    34. u/Atcvan 75,099
    35. u/alvarosb 74,971
    36. u/throwawayLouisa 73,947
    37. u/MediumAdhesiveness5MOD 72,196
    38. u/da_dreamerr 72,136
    39. u/sgtslaughterTVMOD 71,437
    40. u/TheGreatCryptopo 64,711
    41. u/Newmovement69 64,345
    42. u/keeri_ 64,257
    43. u/coinsmash1 62,314
    44. u/TheatreOD 60,165
    45. u/jonbristow 58,649
    46. u/cinnapear 57,171
    47. u/Belzebump 56,988
    48. u/Roy1984 56,681
    49. u/HighFiveOhYeah 56,677
    50. u/Urc0mp 56,621
    51. u/mcbobola 55,968
    52. u/Elean0rZ 55,842
    53. u/Fan_of_hakiksexydays 54,614
    54. u/BelgianPolitics 54,445
    55. u/DivineEU 53,804
    56. u/BrooklynNeinNein_ 52,296
    57. u/sensema88 51,247
    58. u/cyger 50,526
    59. u/midrangemamba 50,446
    60. u/JuicySpark 50,405
    61. u/Julianmansour312 50,180
    62. u/olihowells 49,979
    63. u/Xrporbust 48,960
    64. u/scoobysi 48,640
    65. u/Crypthomie 48,572
    66. u/Randomplayeri 47,012
    67. u/ThatOtherGuy254 46,240
    68. u/aminok 45,954
    69. u/Mono_420 45,549
    70. u/Clash_My_Clans 45,376
    71. u/RockmSockmjesus 44,742
    72. u/ShotBot 44,133
    73. u/NauteeAU 43,349
    74. u/563847293810 42,758
    75. u/R4ID 42,573
    76. u/stevoli 42,052
    77. u/myhaxdontwork 41,938
    78. u/Joja988 41,911
    79. u/MrMoustacheMan 40,867
    80. u/Hame_BiH 40,000
    81. u/Moudi_1717 39,857
    82. u/twigwam 39,505
    83. u/youtooleyesing 38,908
    84. u/mellon98 38,285
    85. u/slowkim 37,713
    86. u/Rhamni 37,282
    87. u/grittygatorr 36,458
    88. u/MoonsPizzaGuy 36,101
    89. u/Brousoft69 35,738
    90. u/lj26ft 35,383
    91. u/Ruddabadda 35,001
    92. u/ReddSpark 34,746
    93. u/Mirza1h 34,396
    94. u/seagulpinyo 34,306
    95. u/Cecil_X 34,024
    96. u/jayjay16022 33,560
    97. u/jasonluxton 33,433
    98. u/snorkleface 33,117
    99. u/CanadianCryptoGuy 33,039
    100. u/pale_blue_dots 32,962
    TOTAL : 11,515,616 Moons

    ​

    submitted by /u/Crypthomie
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    Do you talk to your friends about Crypto IRL?

    Posted: 11 Jul 2021 04:06 AM PDT

    Do you try get your friends involved in Crypto?

    Talk about new coins, your trades etc?

    I'll hear people talk about their salary, bonuses in work, side projects, stocks etc. Yet nobody is having a conversation about Crypto.

    I feel like adoption won't happen until its an everyday conversation.

    submitted by /u/ward-92
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    Bitcoin SV attacked, double spent and re-org'd. Deposits blocked on crypto exchanges. One shitcoin down!

    Posted: 10 Jul 2021 01:30 PM PDT

    In the 7 years since I first bought bitcoin I have seen countless people lose money from trying to play the market. This makes me pretty sad, as everyone could have become quite rich if they had just hodled instead.

    Posted: 10 Jul 2021 02:34 PM PDT

    I made a rather moderate bitcoin investment in 2014 and have hodled ever since. Although I still probably wouldn't be considered "rich" by most people, I'm currently up a good 12000% and the only time I ever made a small withdrawal was to buy a house that I never thought I'd be able to afford.

    But in that same time I've also seen countless friends, colleagues and even family members dip their toes into the crypto waters, only to get washed away by various trading schemes and end up losing it all. Because though there are certainly some traders out there who are able to make much more than me from hodling, the simple fact is that the large majority of everyone who tries ends up failing. The numbers vary from different surveys, but some claim that as much as 95% of all traders actually lose money.

    That's not very good odds.

    Still, I keep seeing people resort to the same old argument that "Bitcoin is sooooo expensive now. It's not like it was 7 years ago... It can't keep going up forever..."

    But the thing is: that's exactly what people said back in 2014.

    So that's why I always recommend hodling, as the numbers prove it's going to be the most successful strategy for almost all of us.

    Though it might not always be as easy as it sounds, so if you want to learn about some common pitfalls and how to overcome them, I've made a short video where I talk a little bit more in detail about it: https://www.youtube.com/watch?v=nQEDegj6zaw

    I only hope it will inspire more people to hodl on, especially in times like this where most numbers are red 😊

    submitted by /u/Ribtin
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    The reason why moons will succeed.

    Posted: 11 Jul 2021 03:02 AM PDT

    Hello there,

    I'd like to share my humble opinion on the reason why moons will succeed.

    Its because of something simple. Its not because of tech, a great idea or anything special really.

    Its because of : COMMUNITY. Its basically whats going on right now that is setting the stages for moons future succes.

    People doing jobs for moons over a r/moonjobs, things like betting/wagering for moons, something that popped up last week.

    What people sometimes forget is that currency in general, is just something a group of people collectively decide to use.

    In that regard reddit is unique among the crypto currencies in that the community is very active and can find use cases for moons themselves, we don't need to be told what its for.

    Once moons go main net and open up to the rest of reddit i see use cases expanding exponentially.

    Paying for all kinds of goods and services with moons over an ungodly amount of subreddits.

    And in the end, thats what currency is supposed to do.

    submitted by /u/ThomasReturns
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    FaZe Kay could serve up to 30 Years in Jail and receive an up to Million Dollar Fine for "Safe the Kids" Crypto Scam

    Posted: 10 Jul 2021 07:26 AM PDT

    According to Esports Talk, the charges against members who have committed the scam include charity fraud, along with SEC and FTC violations and more. If convicted under these charges, Kay and suspended FaZe members can see up to a million-dollar fine and 30 years in prison.

    submitted by /u/buddyfake
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