#Bitcoin Investing On A COSMIC Scale – (Chris Coney & Juan Villaverde) WCSS:020

Curated Content by Dan - Coin Cerberus

January 9, 2022


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So start us off here, this whole conversation is thanks to the creation of Starlink. So, what is Starlink and why is it a big deal in general? Then we’ll extend it to crypto.
For the benefit of the viewers that don’t know, can you give your description of Metcalfe’s law? Then we can apply that to crypto as well in combination with Starlink. So when we get a bit over excited and say that crypto is going to empower everyone on the entire planet including impoverished people in third world countries, we forget to point out that not all 7 billion people we are going to empower with crypto have Internet access. So ultimately this is why Starlink is such a hum dinger. It’s a brand new communications network that was intended to be global at the design stage.
The problem I personally have with this topic is getting into much detail as to what the impact is going to be, simply because once people are empowered, what they do as a result is anyone's guess. I’ve seen how naturally innovative people are when they are empowered, and that is what I expect to happen when you give countries like Africa and India access to Starlink and DeFi.
I suppose they will use all the financial instruments that we already know and love but it will be on a much bigger scale simply due to Metcalfe’s law. What kinds of businesses will be possible in a post-Starlink world?
Being a YouTuber / Social influencer
Game streamers
Direct to consumer e-commerce (handmade goods)
Social networks
eBay for regular people
We take all these for granted but many people have yet to experience them.
What about the opportunities for big businesses? Any blockchain node can reach any other blockchain node no matter what the on-planet infrastructure
We could have off-grid data centers built next to hydro plants with a starlink connection and they’re good to go. Now the bad news is that Starlink can’t simply offer service in any country it chooses. They have to be granted a licence by each national government.
First, this seems like a crazy thing considering it’s a satellite network, so this is such an artificial barrier Some countries are just not going to accept such an empowering technology (like North Korea).
I don’t see a way around that since Starlink is a proprietary and permissioned network.
Could we see some kind of open source competitor? Maybe. Starlink is still in beta
Approx 50m US homes only have 1 broadband ISP with 25 Mb max speed or no ISP at all. Potential competitors
Amazon asked the FCC to reject Starlink plan because it can’t compete, SpaceX says. Source: https://arstechnica.com/tech-policy/2021/09/spacex-slams-amazons-obstructionist-ploy-to-block-starlink-upgrade-plan/ “Amazon's Kuiper Systems subsidiary plans to eventually launch low Earth orbit satellites to compete against SpaceX's Starlink division. But while SpaceX is providing beta service to over 100,000 customers from over 1,700 satellites, Amazon has said it won't start launching any satellites until at least 2023.” The Cryptoverse features reading the news from various sources. Each episode lasts approximately 15 minutes and includes my moral, ethical and philosophical interpretation of current events. If you’d like to be kept up to date on Bitcoin, cryptocurrencies and blockchains by someone who believes in the free market, equality of opportunity and the value of education then subscribe to The Cryptoverse today. Video Source https://www.youtube.com/watch?v=grbkyIGy3X4

Crypto Currency Resources & Recommended Products

The following lists are tools and resources that I put together to help anyone that is interested in crypto get a head start. It can be quite daunting when you first get into cryptocurrencies. There is some much information out there and some much uncertainty.

Disclaimer This new crypto movement is an economic revolution. While it may be an exciting time to get started with crypto currencies, this digital gold rush has a plethora of bad information out there. The recommended products below are based on my own experience with my own personal use of these products.

Disclaimer: I am not a finical advisory. I do earn a small commission if you choose to purchase any of the recommended products below. Please make sure that you do your research before you purchase any Cryptocurrencies related products or services.


Crypto Currency Wallet & Coin Exchange

Coinbase is one of the worlds leading cryptocurrency wallets. It also gives people the option to purchase and trade digital currencies like that of Bitcoin, Bitcoin Cash, Ethereum Classic, Ethereum and Litecoin.

Coinbase popularity stems from its ease of entry and exit from the cryptocurrency world. It's pretty quick to get set up and start investing in digital currencies. Get $10 FREE Bitcoin {BTC} when you spend $100 with our referral link.

Click Here To Watch A Tutorial Guide On How To Use Coinbase

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Cryptocurrency Exchange

Binance is one of the worlds fastest growing cryptocurrency exchanges. Because of its trading volume and the number of altcoins it trades it will be one of the worlds biggest crypto exchanges in the world.

While Coinbase is still the easiest way to get into cryptocurrencies, Binance trades a lot more Altcoins compared to that of Coinbase. If you want to purchase Altcoins like Cardano ADA, Ripple XRP, Steller Lumens, TRON, Dash and Monero then Binance is your first port of call. 

In order to trade here, you must hold some cryptocurrencies first. So it's best to purchase some Ether or Litecoin from Coinbase and transfer it too Binance.

Click Here Watch A Tutorial Guide On How To Use Binance.



Cryptocurrency Hardware Wallets

One of the most popular Hardware Cryptocurrency wallets is that of

Ledger Nano S. The Ledger hardware wallet provides a secure offline solution for cryptocurrency traders to store their digital data. 

Commonly knowns private keys the Ledger hardware wallet gives users a multi cryptocurrency offline storage solution. Because of essential, these hardware wallets are similar to that of a USB key, it provides security by hosting the private keys offline making them difficult for hackers to access your cryptocurrencies.

It hosts some of the more common crypto coins but also some fewer know Altcoins Bitcoin Gold, Ark, Bitcoin, Bitcoin Cash, Digibyte, Dash Dogecoin and Ether.

Watch A Video Guide On How To Use The Ledger Nano S 


Digital Crypto Currency Wallet 

The Exodus Wallet is desktop cryptocurrency storage solution. It can be used with Mac and PC which has compatibility with a popular cryptocurrency exchange called Shapeshit. Which gives the user the ability to trade cryptocurrency with in the Exodus Wallet.  This feature alone makes the Exodus wallet a very popular choice with beginner crypto traders.

The interface is very intuitive making it very easy to understand and use for anyone that's starting out with investing in cryptocurrencies. The Exodus Wallet is one of the most popular lite wallets, even with a number of crypto storage assets, it doesn't require your system to download the complete blockchain.

While the Exodus Wallet is free to download and a very secure piece of software, please note that it does take between 1-3% fee with the exchange of cryptocurrencies. Click Here To Watch Walk Through Video On The Exodus Wallet.


Cryptocurrency Browser

The Brave Browser is just like most web browsers, it allows you to surf the web, find videos, websites and allows you to download content from the web. But with a few difference with it's set up compared to that of Google Chrome. It was set up by the same creators as that of Mozilla, basing their software on open source code similar to that of Google Chrome.

Brave has in built ad blocking technology to stop intrusive ads. It also integrates with the cryptocurrency Basic Attention Token {BAT} to pay users for their attention for displaying less intrusive ads.

Brave keeps 15% of the less intrusive ads, giving content publishers 55% per cent which is good for bloggers and vloggers, last but not lease even users of the Brave browser will receive 15% off the revenue. It also gives users the option to donate BAT to content creators or sites they love.

One of the striking features of the Brave Browsers is that it removes a ton of tracking pixels which cause websites to load slower. This gives you a much faster experience when visiting websites online


Altcoins, Buy Altcoins, Crypto, Cryptocurrencies

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