Nonilex

More from the #idiocracy:

#Trump announced the names of 3 #cryptocurrencies to be included in a new US #crypto strategic reserve on Sunday, spiking the value of each in #market trading.

Trump said on social media that his January #ExecutiveOrder on #DigitalAssets would create a stockpile of currencies including XRP (#Ripple), SOL (#Solana), & ADA (#Cardano).

The assets rose 10% to 35% in trading on Sunday. Other digital assets also gained.

#economy #finance #USpol
reuters.com/world/us/trump-say

Chema Alonso :verified:

El lado del mal - Tu Wallet: Gestiona tus criptomonedas con Bit2Me y úsalas con una tarjeta de crédito virtual en la nueva Tu Wallet elladodelmal.com/2024/10/tu-wa #Wallte #Criptomonedas #BitCoin #Ethereum #Cardano #Solana #USD #Mastercard #tu #bit2me

brai

@MichalBryxi

tl:dr - Crypto is generally a scam but blockchain and it's concepts are not.

A lot of #crypto is a scam. Most of crypto is a scam, especially if it focuses on gains/investment/trading/GAINS!

But #blockchain is a useful tech that most people don't know about because crypto is mostly a scam.

For example. I tend to store most of my excess US Dollar, as #USDM on the #Cardano blockchain.

This allows me world wide access to my money, and no bank has control over my assets. I can get that money onto a Debit card in about 2 minutes with about 2% transaction fee for anyone who doesn't use blockchain.

For people who do use blockchain, I can easily pay people with this USDM anywhere in the world and it would take about 15 seconds for them to receive the funds and it costs about 0.17 ADA, basically $0.10.

Another use case.

This website, veganism.social costs somebody money, specifically @nm and @Ellie

Monetizing is hard when it comes to social media. Blockchain is a way to fix this and remove a central bank from the equation.

A #DAO, decentralized autonomous organization, could be created by anyone in the community. The DAO would issue out an #NFT to anyone who wanted to participate in veganism.social governance.

This NFT would allow users to have voting rights on things that happen to the website.

Another added benefit of this NFT is it can be used for verification purposes for user accounts.

The DAO would then be able to have a wallet used to collect donations from anyone but specifically these users.

Instead of @nm and @Ellie being the sole decision holders for this money, the DAO would be able to vote on what this money is used for.

Mostly paying the bill but there is no telling how much could be raised to support this instance and could even fund upgrades.

All without needing a bank, non-profit, funds manager, other middleman that would just take our pooled money.

Shilling random tokens is a scam and definitely a #Ponzi scheme. Some have utility but most are trash.

Just trying to start a conversation because if everyone stays convinced that blockchain is a scam, because crypto is mostly a scam, then we will be ignoring super useful tools and tech.

The same DAO concept, I just discussed, can be used for animal sanctuaries. This would give a sanctuary access to world wide support without fear of Animal Ag funds or government agencies blocking up processes to stop that support.

This would also create a #decentralized system for auditing these sanctuaries to make sure they are taking care of the animals with the money they are being provided.

This would also provide a decentralized system for providing food to these sanctuaries that come from sustainable practices.

The brainstorming of use cases for blockchain tech can only start if we understand that blockchain is not black and white, evil not evil. It is a tech just like cloud is a tech.

Participating in parts of one blockchain is not support for all crypto or even other parts of that blockchain.

Leadingbit

💡 We value your insights! We're excited about the new ideas in Project Catalyst Fund 12 and know that your feedback can make a difference. Please share your ideas with the @Cardano community and help our chain flourish.

Learn more at the links below!
🔗cardano.ideascale.com/c/idea/1

🗓️ Important Dates:
Voting Snapshot time: June 18th, 21:45 UTC
Proposal Review: Through June 20th
Voting Begins: June 27th 12:00 UTC

#Cardano #Blockchain #OpenSource #Leadingbit

📸 Photo by Jason Goodman from Unsplash

Leadingbit

🎉 Time to get involved and join the @Cardano community by registering as a voter in Project Catalyst! Connect your wallet to the Catalyst mobile app, browse categories, review proposals, and cast your votes with ease. After choosing your selections, just enter your pin and submit your votes in the "My Selection tab".

📅 Key Dates!
Voting Snapshot time: June 18th, 21:45 UTC
Proposal Review: Through June 20th
Voting Begins: June 27th 12:00 UTC

#Cardano #BlockChain #OpenSource #Leadingbit

A. Linder

#Cardano

We are on the verge of the most significant hard fork in the history of the project, tons of community DApps are growing rapidly, we are leading the industry in scaling R&D, rare evo is going to be a huge event, the Foundation summit huge, we'll be at Token 2049, technologies like Hydra are maturing, we have partnerchains, midnight, prism, tons of community events, catalyst, and then the constitutional convention in Argentina.

It's becoming impossible to keep up with, and it has much good news coming in just the next six months. Then I look at the cryptomedia, and the headlines are "Will Cardano die?"

It's beyond pathetic and just reflects on the low quality and low effort they put into our ecosystem. Cardano is here to stay, and it's a juggernaut that will drag this industry kicking and screaming if it has to towards solving the real-world economic, political, and social issues we all face.