10 Rules For Investing In Crypto
Here are some rules new and experienced investors should follow when investing. 1. Have a Strategy An investment strategy involves planning the means to reach a desired end. Always ask yourself: what is my end goal? Are you investing in crypto as a hobby? Are...
What Exactly Is An Alt-Coin?
Many people who don’t know much about cryptocurrency think Bitcoin is the only thing out there. They are mistaken. There are hundreds of cryptocurrencies called “alt-coins” or “alternative coins.” These alternatives, like Ethereum and Monero, have proven to be legitimate investments that fill useful niches...
Are You Safe From Crypto Phishing Attacks?
Wherever there is money to be had, there is always a collection of lowlives who want to get it dishonestly. In the old days, the lowlifes rode into town, robbed the bank, and maybe a shoot out would ensue. Yes, the bank lost money, but...
Miami To Mine Crypto And Pay Dividends To Citizens
As I have noted before, Florida is one of the most crypto-friendly states in the Union, and Miami is the most crypto-friendly city in Florida. Miami’s mayor Francis Suarez made headlines by mining cryptocurrency to raise city revenue and then paying dividends to citizens who...
New York Vs. Miami – Who Will Emerge As Crypto City?
New York City vs. Miami: who wins this one? Ask yourself this. Pretend you own a crypto business. Do you want it to be in New York with its burdensome regulations, high taxes, and crazy homeless people, or Miami with its comparatively low regulations and...
Given The Risks, Is Crypto A Good Hedge Against Inflation?
Germans are expected to pay twenty to fifty percent higher prices on retail purchases. The price of gasoline is approaching $7.00 per gallon in California. I just paid 100 euros to fill up my Volkswagen Polo. Naturally, people search for ways to protect their wealth...
Florida Becomes The Most Crypto Friendly State In The USA
Anthonia Isichei wrote an excellent piece for Blockster about Republican Governor Ron DeSantis saying he wants to let Florida businesses pay taxes in Bitcoin. Everyone had better pay attention, because it has enormous ramifications for the financial independence of the states. As I have said...
Is Reddit A Good Source For Catching Up On Crypto?
One or two would cite some nonsense posted by some half-wit influencer on Reddit, so I failed them. Naturally, I have a distrust of anything posted on Reddit. The same goes for Facebook and Instagram. However, setting my mistrust aside, I decided to abandon my...
Digital Commerce Raiders: North Korea’s Army Of Crypto Hackers
In response, the Confederacy employed blockade runners and commerce raiders. For example, the fictional Rhett Butler of Gone With the Wind made his fortune running Confederate cotton out of Charleston. At the same time, the non-fictional CSS Shenandoah and CSS Alabama ravaged the Union’s shipping...
Cryptocurrency Insurance: Do You Need It?
But when you’re struck down by illness or injury, you thank God you’ve been paying your monthly premiums, even if they are expensive. The same goes for cryptocurrency insurance. Someone may think he's really hot stuff and can’t be hacked because he’s taken all the...
Is Crypto The Answer In A Time Of War?
I made a bold prediction to my wife a month before the war started. I said the Russians would invade Ukraine on 23 February 2022. Readers from the former Soviet Union understand the significance of that date–known as Red Army Day or Defenders of the...
HODL Vs Trader: Which Crypto Strategy Is Best For Me?
Hodling is a slang term that means “holding.” It likely originated due to a spelling error. Hodlers hold onto their coins for an extended period and only sell them after they have substantially risen in value. Traders behave like day-traders on the stock market, as...
Should You Use PayPal To Buy Crypto?
Blame Canada: Every Reason Why You Shouldn’tRecent events in Canada show why relying on Big Tech companies is a bad idea. Canadian truckers parked their rigs in Ottawa to protest mandatory vaccination, bringing with them barbeques, children, and bouncy pens. White-livered Prime Minister Justin Trudeau...
The Future Of Cryptocurrency
If you typed the above headline into a search engine, the first thing that likely came up was an article from Time Magazine with the same title written by Ryan Haar. She mentioned Bitcoin ETFs, Bitcoin price predictions, more cryptocurrency regulations, and broader institutional adoption...
The Digital Yuan: How It Will Change China And The World
Central bank digital currencies (CBDCs) are the shiny new, cool high-tech thing that everyone in the crypto world is so excited about because it’s new and cool and high-tech, and it can help fight corruption or something. Forgive me, but that’s the impression I get...
As Inflation In The US Hits A Staggering 6.8% Is Crypto A Safe Bet To Store Value?
In one of my last articles, I made some observations on why people think cryptocurrencies are a hedge against inflation. But what I didn’t say is what I personally thought about cryptocurrency as a hedge against inflation. Right now, inflation is approaching seven percent in...
Over 30% Of ALL US Dollars Printed In The Last Year — Why Crypto Hedges Against Inflation
US Inflation at a GlanceThe 12-month Consumer Price Index (CPI) ending for November 2021 has food inflated to 6.1 percent. In 2020, it was 3.9 percent. And then there’s petrol, which has increased 33.3 percent, a likely reason why inflation for everything is approaching seven...
What Jack Dorsey's Resignation Means For The Future Of Free Speech
Expect More of the Same or Worse Things to ComeTwitter has become one of the main censors of online speech, and it all happened under Jack Dorsey’s watch, and Republicans, who are the ones getting censored, did nothing about it, despite Donald Trump giving them...
The Pros And Cons Of The Metaverse
There are several possible benefits to the advent of metaverses and cons. What is the Metaverse?Metaverses are massive online spaces powered by virtual reality in which people would be able to engage in a wide range of activities, such as playing games, interacting with other...
Criminals, Cryptocurrency, And Anarcho-Tyranny
They point to money laundering and recent high-profile ransomware attack that shut down Colonial Pipeline as proof that cryptocurrency needs to be banned to keep us safe from criminals. Criminality and CryptocurrencyI take serious issue with both points. First off, cryptocurrency is not the preferred...
Gold Vs Cryptocurrency: Which Is Better?
Cryptocurrency Compared to GoldCryptocurrency has several practical advantages over gold. For one, it’s a lot easier to spend than gold. If you’ve never tried spending gold, try taking your gold bar valued at $2,000 into a cafe to buy a latte and see what happens....
What Jerome Powell’s Renomination For Chairman Of The Fed Means For CBDCs And Cryptocurrency
So did Bitcoin, for that matter, so at least I can feel the pain with the rest of you. Misery loves company, indeed. Jerome Powell’s RenominationJerome Powell’s renomination is not good news for cryptocurrency investors. Still, I doubt the nomination of any of these other...
Signs An Analyst Is Shilling His Preferred Coins – How To Filter The Bad Advice
I won’t go so far as to say every person who writes an article telling you to buy a particular cryptocurrency is out to screw you over. However, people are using publications and social media to truly shill their preferred coins because they are running...
Red Flags To Look For When Reading White Papers
I’m not going to name any particular coins or white papers because I save my venom for people I really despise such as vindictive, cynical, and capricious technocrats, lawyers, and judges. But here are a few general things I would look for when reading a...
Reporting A Crypto Scam — You Won't Get Funds Back But Can Prevent Future Crime
When I was working at an auto parts restaurant in Dallas, I went to a Burger King drive-thru window to get a quick bite to eat. Unbeknownst to me, my Navy Federal card fell out of my hand and landed in the drive-thru lane. On...
HODLing: What Is It And Why You Should Check Charts Daily
It was a very difficult article to write because it brought to the forefront of my mind the sheer scale of the tragedy of what was ironically called The War to End All Wars. Writing an article has never brought me to tears, but that...
The IRS: Three Letters From Hell
I think one of my problems is that I bat around these stupid letter salads without properly explaining what they are and why I hate them so bloody much. Take for instance the NSA, NASA, FBI, DOJ, NHL, MLB, CBE, ITV - I think you...
Remembrance Day 2021
If there is anything I took out of sociology at Navarro Community College in Waxahachie, it is that all things exist for a purpose; when they no longer serve that purpose, they cease to exist. It is hard to see what purpose Western civilization currently...
Ethereum Max, Kim Kardashian, And Our Rotten System
Like I said in a previous article, if a celebrity says you should do something, you should do the exact opposite. If a celebrity told me not to jump off a cliff, I might consider jumping the smarter option because these people are so utterly...
The Importance Of Privacy In Commerce
Every single westerner knows the importance of not denying a school girl with a penis the right to use a girl’s restroom; otherwise, Merrick Garland will send the FBI to tear down your door in the wee hours of the morning. But what about less...
How Will Crypto Perform In The Long Term?
The Global Economy TodayWhen you hear economists talk about hyperinflation, you generally think about Weimar Germany and how the worthless Reichsmark was more valuable as wallpaper or kindling than as a medium of exchange. You might also think of the hyperinflation that wreaked havoc on...
My Three Favorite Signs Of A Crypto Scam
If It’s Too Good to Be True, It Probably IsI can attest to this one through personal experience. When I was a project manager looking for freelance copywriters, I came across a German national living in Dallas who seemed to have the background I was...
How Germany’s Elections Could Affect Crypto Prices By The End Of The Year
I have a very 19th Century view of celebrities; they’re vagabonds who are entertaining to watch but not worth listening to. As for technology and buzzwords, I’ve never been inclined towards programming, nor do I like jargon much. Four years in the military disinclined me...
To Centralize or Not to Centralize – The Future of Cryptocurrency Exchanges
Forgive my butchering of that line from Hamlet, but to answer the question, it is “to centralize.” When trying to make a prediction, especially one of this sort, odds are the prediction that accounts for the human desire for ease is the surest bet. Centralized...
Machine Learning And Why It Is Important For Blockchain
Machine learning is not all that difficult to understand. Your brain is a machine of a sort, and it learns. If you walk up to a stranger and he smacks you in the face, you are not likely to approach that particular stranger again. You...
Crypto Exchange Poloniex to Settle SEC Charges in the US
On August 9th, 2021, the United States Securities and Exchange Commission announced that Poloniex LLC would pay $10.4 million to settle charges that they were operating an unlicensed exchange that facilitated the purchasing of digital asset securities. The SEC found that Poloniex failed to register...