Joined: 25.12.2020   
Basil LaBasque             
in Blockchain since 2018
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Basil has given a stick to this post

Yummy - this week, BAO "snacked" up the first spot!
Do you see your faves 😉
Discover new treasures here: https://coingecko.com/en/discover

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Basil has created this post

Tether Ltd, la société à l’origine du stablecoin du même nom, a longtemps été accusée de manquer de transparence au sujet de ses réserves. En 2019, les avocats de Tether ont même reconnu devant le procureur de ...New York que chaque USDT n’était garantie qu’à hauteur de 74%.

Plus récemment, un article sur Medium intitulé « The Bit Short, Inside Crypto’s Doomsday Machine » a été publié par un observateur anonyme et a soulevé plusieurs inquiétudes concernant le plus populaire des stablecoins.

La capitalisation totale de l’USDT est passée de 4 milliards de dollars à 25 milliards de dollars au cours des 12 derniers mois. Ainsi, la société Tether Ltd doit détenir autant d’actifs à son bilan pour garantir la convertibilité et la valeur du Tether puisque 1 USDT = 1 USD.

Ainsi, cet auteur anonyme a déclaré que toutes les devises étrangères détenues par les banques nationales des Bahamas ont seulement augmenté de 600 millions de dollars entre janvier et septembre 2020 alors que la société Tether Ltd a émis environ 5,4 milliards de dollars d’USDT sur la même période. Ainsi, l’écart pouvait suggérer que le stablecoin n’est pas à 100% adossé au dollar. https://cryptoast.fr/banque-tether-stablecoin-usdt-adosse-reserve/
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Basil has commented "Ian Balina did.."

I entered into blockchain for the disruptive and innovative technology. Watching it grow over the year has been a blast for me as well as other supporters, I'm sure.

But what I learned over the years t...hat very good chunk of people have no clue about Bitcoin and the blockchain technology behind it. They are here because of the profits and money grab. You cannot really call them supporters or adopters because at the first sign of profit trouble, they are out. IF they can't make any money, it's bye-bye for them.

I've talked to a lot of people, some really interested in the tech and some not at all and this is what makes me sad every time I think about it.

People don't understand the technology, they don't want to understand it and they don't care about it, only thing they care about is money. They heard it's good money to be made there.
When you listen to them talk, you instantly realize that they have no idea what they are talking about, nothing makes sense and they are just trying to sell you something they themselves don't understand. When you challenge them on the subject they avoid it with more nonsense or try to intimidate you by raising their voice.

There are of course people who deeply understand the technology and are very involved, which is a breath of fresh air, but every so often you stumble upon the other kind.

I can understand people looking to make a quick buck and then getting hooked up, but to never trying to understand the technology or even care about it seem like a bad news for blockchain/crypto

Just look at some scam coins like OneCoin and Bitconnect. They grabbed their money, and now they are gone, dropped from the face of the earth.
Ian Balina, withdrew his BTC in 2018 and you don't hear from him ever.
John Mcafee, where is he now? He shilled crypto so hard few years ago and now you don't hear about him.
and many many more.....

One time I got connected with a person who was a friend of a friend, interested in doing business together, rich and influential but had no knowledge of blockchain. The first thing he asked me was "is this a scam or a pyramid scheme?"... even before I could say anything.
That was his perception of Bitcoin, blockchain and crypto.

These types of people make the industry and technology look bad altogether.
However, bad marketing is marketing also. At least people hear about Bitcoin and blockchain.

But...

Is this how adoption takes place? Bunch of people who are in it for the money and scram at the first sign of trouble?
Show more >

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Basil has given a stick to this post

I entered into blockchain for the disruptive and innovative technology. Watching it grow over the year has been a blast for me as well as other supporters, I'm sure.

But what I learned over the years t...hat very good chunk of people have no clue about Bitcoin and the blockchain technology behind it. They are here because of the profits and money grab. You cannot really call them supporters or adopters because at the first sign of profit trouble, they are out. IF they can't make any money, it's bye-bye for them.

I've talked to a lot of people, some really interested in the tech and some not at all and this is what makes me sad every time I think about it.

People don't understand the technology, they don't want to understand it and they don't care about it, only thing they care about is money. They heard it's good money to be made there.
When you listen to them talk, you instantly realize that they have no idea what they are talking about, nothing makes sense and they are just trying to sell you something they themselves don't understand. When you challenge them on the subject they avoid it with more nonsense or try to intimidate you by raising their voice.

There are of course people who deeply understand the technology and are very involved, which is a breath of fresh air, but every so often you stumble upon the other kind.

I can understand people looking to make a quick buck and then getting hooked up, but to never trying to understand the technology or even care about it seem like a bad news for blockchain/crypto

Just look at some scam coins like OneCoin and Bitconnect. They grabbed their money, and now they are gone, dropped from the face of the earth.
Ian Balina, withdrew his BTC in 2018 and you don't hear from him ever.
John Mcafee, where is he now? He shilled crypto so hard few years ago and now you don't hear about him.
and many many more.....

One time I got connected with a person who was a friend of a friend, interested in doing business together, rich and influential but had no knowledge of blockchain. The first thing he asked me was "is this a scam or a pyramid scheme?"... even before I could say anything.
That was his perception of Bitcoin, blockchain and crypto.

These types of people make the industry and technology look bad altogether.
However, bad marketing is marketing also. At least people hear about Bitcoin and blockchain.

But...

Is this how adoption takes place? Bunch of people who are in it for the money and scram at the first sign of trouble?
Show more >

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Basil has commented "Dow jones?? More.."
1 QCP

Down jones has not moved much in the past 1 year. If you look at the image, you will see a 5% growth.

Compare that to Crypto market and you will be amazed.

400% growth in 1 year. From $240Bill...ion to $1Trillion.

And the prices will only grow exponentially from there.
Let's hear it again which one is a better investment. It would not surprise me if all the stock brokers and traders actually went into Crypto
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Basil has given a stick to this post
1 QCP

Down jones has not moved much in the past 1 year. If you look at the image, you will see a 5% growth.

Compare that to Crypto market and you will be amazed.

400% growth in 1 year. From $240Bill...ion to $1Trillion.

And the prices will only grow exponentially from there.
Let's hear it again which one is a better investment. It would not surprise me if all the stock brokers and traders actually went into Crypto
Show more >

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Basil has commented "@Mr Ziga, don't.."

According to various reports, U.S. President-elect Joe Biden is planning to create another $3 trillion for Covid-19 relief and infrastructure. The massive stimulus plan and the backers behind the Biden administ...ration have made crypto proponents believe that bitcoin will prosper greatly.

Biden Proposes to Finance Covid-19 Relief and Infrastructure With $3 Trillion
Ever since the coronavirus outbreak took hold across America, politicians and members of the U.S. Federal Reserve has distributed massive amounts of dollars to special interests and Wall Street trading houses. Americans did get a stimulus check for $1,200 during the last program, and then $600 per person during the most recent stimulus plan.

https://news.bitcoin.com/crypto-advocates-think-joe-bidens-3-trillion-stimulus-plan-will-bolster-bitcoin/
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Basil has given a stick to this post

MintMe is a crowdfunding platform where patrons
also earn on their favorite influencer success.

HOW DOES IT WORK?
Anyone can mint or create a token (coin) that represents themselves or a projec...t that they have created for their fanbase and supporters to support them.
It helps content creators to realize their maximum potential through a new innovative way of crowdfunding. It's also a social platform where traders
can interact with token creators and other traders. Tokens are created (minted) on top of our custom decentralized blockchain called MintMe Coin.
When you create coin or create token, you become an owner of your own financial future. Create a token, create a coin for your project or yourself or just trade other people coins.

https://www.mintme.com/

MintMe exchange is based on our custom blockchain solution called MintMe.com Coin - smart contracts platform, created for the World Wide Web. Traders on our exchange will use MINTME to trade people tokens and on top of that all token creators who want to tokenize themselves, will be using MintMe Coin as base for their projects. This will guarantee real non-speculative demand for MintMe Coin.

https://www.mintme.com/
Show more >

Basil has commented "bonjour, merci pour.."

MintMe is a crowdfunding platform where patrons
also earn on their favorite influencer success.

HOW DOES IT WORK?
Anyone can mint or create a token (coin) that represents themselves or a projec...t that they have created for their fanbase and supporters to support them.
It helps content creators to realize their maximum potential through a new innovative way of crowdfunding. It's also a social platform where traders
can interact with token creators and other traders. Tokens are created (minted) on top of our custom decentralized blockchain called MintMe Coin.
When you create coin or create token, you become an owner of your own financial future. Create a token, create a coin for your project or yourself or just trade other people coins.

https://www.mintme.com/

MintMe exchange is based on our custom blockchain solution called MintMe.com Coin - smart contracts platform, created for the World Wide Web. Traders on our exchange will use MINTME to trade people tokens and on top of that all token creators who want to tokenize themselves, will be using MintMe Coin as base for their projects. This will guarantee real non-speculative demand for MintMe Coin.

https://www.mintme.com/
Show more >

Basil has commented "Over $24 000.."

Bitcoin pumping again
4 years ago

1 QCP

Are you guys ready for another pump?

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Basil has given a stick to this post

Bitcoin pumping again
4 years ago

1 QCP

Are you guys ready for another pump?

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