During our AMA week in December we joined the CryptoDiffer Community on the 18th of December, 2020. 😎

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Recap below for those that missed out. In this Ask Me Anything session, the administrators of CryptoDiffer will be represented by the green graphic as Host and our Founder, Atif Yaqub, will be pictured as Guest with his profile photo. AMA reposted from CryptoDiffer Recap.

Hello, everyone!

We are glad to meet here Atif Yaqub , Founder of YOP

Hi everyone! Great to be here. Big community and seems very active.

Q1: Can you introduce yourself to our community ?

Hi, I am Atif Yaqub, Founder of YOP. Have been active in crypto for over four years now. Started with mining, moved into investing and over the years supported various projects. Enjoy travelling, motorsport and have been very enthusiastic about Bitcoin from the day I understood it.

That feels like a long time ago now! I have been active in various other business ventures around the world and enjoy networking by regularly attending events like the annual Davos meeting and similar conferences. You can read more from the Medium blog posts on my LinkedIn.

Q2: Can you briefly tell us what is YOP in 3–5 sentences?

Sure. We are a UK based project with a global team behind us. YOP is a yield optimization platform & protocol. All-in-one yOptimization application that makes it easy for everyone to access DeFi. Giving you control, custody, insights and flexibility directly in one single application.

Q3: Let`s now talk about the milestones you have achieved so far and about your upcoming plans

We have been in development for a few months now. The past few weeks have been really busy, since we announced that we have secured funding from a London Stock Exchange listed investment company YOP has really popped. We are now almost fully funded with just a small round remaining for the crowd, which will be on a platform. Our first version should be live Q1 2021 we believe February time.

YOP has also made great progress on our yProtocol which we will publish a paper giving more details on that.

Awesome, a lot of updates to come out!

Thank you for great answers!

I think it is time to start community questions round!

I saw in YOP website

YOP offers a clean UX/UI application powered by $YOP token

I think there are some other aggregating platforms also trying to offer DeFi exposures to retail users at simple and easy to use UI/UX, would you be seeing any peers? And what are YOP Finance’s key competitive advantages?

Correct we have a focus for clean and easy to use UX/UI for our platform but most competitors stop right there. We are re-engineering the way a platform and protocol work together. To date this has been fragmented and either a front end service or a protocol with poor user experience. So YOP combines both and ultimately we are building up to have a DeFi Super Protocol to bring much more liquidity to the market.

How does YOP build critical mass for the everyday consumer?

We are strategically positioned for growth firstly in the crypto space but then outside to the wider audience. This will be done by leveraging our partners in the traditional financial market who have the experience to scale to millions of users.

Most platform’s wallets are too basic and the market data apps have no value added benefits. Is this notion same for YOP or how is YOP different?

Good question — the essence of YOP is to provide all of those services in one place. Which nobody currently offers.

An important element when building financial instruments is accessible to everyone and not limited by technical barriers. How does YOP Finance break down technical barriers? How to accessible users?

Exactly — although we are building a product that caters for the novice and more advanced technical user alike. The key for the new user is make it easy to understand so informative on-boarding and support.

Can you describe YOP’s on-chain governance structure? What do you think are the most important decisions that will be made using on-chain governance?

$YOP allows customers to put forward proposals and actively participate in the governance of the platform. This will go along with our staking and reward function too.

YOP is operating on Ethereum Network. wwhich really has a slow speed and high gas fee?Do you have any plans to launch your mainet or convert to other blockchains in the future?

Our roadmap addresses this with the options listed, we are also following ETH2 development closely. Lets see how it progresses in 2021.

Can you explain more about the dynamic portfolio management with automated IL (impermanent loss) protection provided by YOP network? How does it works? What can we expect more about this impermanent loss protection feature in your platform?

Yes the main feature here is to protect the user against IL. By allowing the user to set parameters if the market suddenly moves then to un-stake tokens. We are also integrating an emergency release button that allows the user to un-stake by setting high gas fees in situations like where a vulnerability is discovered in a contract.

How does Yop Multiproduct Support system works? Could you share with us what is the benefit for user!?

Allows you to execute all transactions and informed decisions in one application rather than having to use several platforms.

Sadly, majority of crypto projects out there are developed for the sole purpose of amassing wealth. In just few sentences, what’s that unique value/contribution that YOP brings to the space?

We have positioned YOP with an initial roadmap of 3–4 years. Our plans are not to build a small project but to continuously scale up. We have already demonstrated the YOP is vetted and approved project. That is fairly big for a space which is filled with unknowns. This gives everyone more comfort to engage with YOP and continue with us on our journey.

Do you have plans for HACKATHON so as to check the security of your ecosytem periodically and also invite developers to build?

We will be launching a YOP Diplomat programme to reward our community in helping keep YOP safe and robust. This will also allow community to earn tokens in helping grow the YOP community.

There is a gap that is yet to be filled in the market by current yield protocols as the current yield protocols are very selective in what they offer. Protocols are also generally fragmented and fail to collect all of the value available in the marketplace. How does yProtocol aim to fill this gap?

This is precisely what yProtocol does. Current protocols offer a single service. This limits growth and YOP identified this early on. Our goal is to work with existing protocols and then scale up to help attract more liquidity to the market.

Smart contracts are vulnerable to bugs, and even recently three big new DeFi projects were victims of this, costing users funds. How efficient and secured is your smart contract, and did you ever audit it via any external party?

Smart contracts are vulnerable to bugs, and even recently three big new DeFi projects were victims of this, costing users funds. How efficient and secured is your smart contract, and did you ever audit it via any external party?

I want to ask, Which one the most important for you in developing the community and increasing the value of the project? Which one that Will you do first?

Growth comes hand in hand. Marketing and awareness is as important as the product development. So for YOP its important to maintain a balance and make sure we support our community growth but also deliver a quality product.

I’ve seen YOP Protocol use both the terms yPlatform and yProtocol. What’s the difference between those, could you touch more on this?

The YOP project is split into 2 main areas. The yPlatform is the front end application. The yProtocol is the underlying technology powered by the $YOP token. This is what sets us apart from the competition by having both.

What is Multi Asset Index? What service can Multi Asset Index provide and what will Multi Asset Index bring to Users?

This is when YOP integrates cross chain assets and liquidity. So you if you like accessing products on a different network you can still use YOP, rather than only providing one blockchain based assets.

YOP is a Borderless project that can be used in any part of the world? Which are you Main target markets right now?

We will grow with the crypto community first, this is really international but our core focus then moves to faster growth in UK/Europe with US & Asia after that. YOP is truly global and a non-custodial service open to everyone.

Thank you for hosting us. It has been great to contribute to your community here.

Good questions! Anything we missed you are welcome to come ask us in our chat u/YOPfi.

Thank you for you answers, it was an insightful session. Thank you everyone who participated, great questions as always!

End of AMA.

YOP Socials

Twitter: http://twitter.com/@yopfi

Telegram: https://t.me/yopfi

Telegram Announcements: https://t.me/yopnews

LinkedIn: https://www.linkedin.com/company/yopfi

Medium Blog: https://yopfi.medium.com/

Whitepaper: https://yop.finance/media/

yop.finance

REBEL RABBIT NFT GIVEAWAY. SCROLL THRU ALL THE PICS

HELLO FUTURE REBELS!

PROJECT INFORMATION: Welcome to the Masquerade! This project's inspiration is to pay tribute to those who pioneered the movement away from corporate manipulated centralized currencies and data systems. Through wildly varied and intricately hand drawn masks crafted by award winning artist (Mute) who brought you the "History of bitcoin" nft series. Mask Holders will gain entrance to a secret and thriving underground community of Rebels. The ability to wear their masks across the metaverse using AR technology. Secret events. Hunts. Merchandise. Services. Media... and more.

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-Put on the mask

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Competition Rules-

Post ETH NFT wallet address-

Upvote this post-

Join discord- https://discord.com/invite/rebelrabbits

Follow twitter- https://twitter.com/RebelRabbits1

Like and Retweet one tweet!

That's it!

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Winner Will be selected 11/05/2021 600pm PST.

Looking for Diversity Statement feedback. Essay in thread

Hello all,

Ill be blunt, in addition to a Statement of Purpose I am also required to write a personal history and diversity statement. I like how my SOP is turning out but have no clue how to write the diversity statement. Ill include the prompt. Looking for advice on the content. I am in a minority group for Graduate studies so do have some things to talk about.

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Prompt: The University of California Davis, a public institution, is committed to supporting the diversity of the graduate student body and promoting equal opportunity in higher education. This commitment furthers the educational mission to serve the increasingly diverse population and educational needs of California and the nation. Both the Vice Provost of Graduate Education/Dean of Graduate Studies and the University of California affirm that diversity is critical to promoting lively intellectual exchange and the variety of ideas and perspectives essential to advancing higher education and research. Our graduate students contribute to the global pool of future scholars and academic leaders, thus high value is placed on achieving a diverse graduate student body to support the University of California’s academic excellence. We invite you to include in this statement how you may contribute to the diversification of graduate education and the UC Davis community.

The purpose of this essay is to get to know you as an individual and potential graduate student. Please describe how your personal background informs your decision to pursue a graduate degree. You may include any educational, familial, cultural, economic, or social experiences, challenges, community service, outreach activities, residency and citizenship, first-generation college status, or opportunities relevant to your academic journey; how your life experiences contribute to the social, intellectual, or cultural diversity within a campus community and your chosen field; or how you might serve educationally underrepresented and underserved segments of society with your graduate education.

This essay should complement but not duplicate the content in the Statement of Purpose.

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Essay:

Personal History and Diversity Statement

Growing up in a sheltered Salvadoran household, I wasn’t aware of the civil war that caused my family to move to the USA until my teenage years. It was never talked about from my parents and I didn’t learn much detail about it until I took a few elective Latin American courses during my undergraduate degree at UC Santa Barbara (UCSB). It was a way to be more in tune with my family and cultural background. The civil war in the 80’s brought the creation of the MS-13 gang which has given El Salvador (ES) a reputation of violence, danger, and murder capital of the world a few times. Nowadays ES seems to be gaining international recognition as being the first country to adopt bitcoin as a legal currency and the topic of bitcoin has become a staple conversation topic in my Spanish speaking home. At first it was a bit strange as bitcoin and crypto has historically been popular by technology and Silicon Valley type groups, and to see it now casually be talked about amongst my rural Central American parents and family has been a unique experience.

I was the first to go to college in pursuit of higher education despite being the youngest and only boy in a family 4, having age gaps of 9, 14, and 17 between my older sisters. As a first-generation college student, I set out my college career at Santa Monica College (SMC) due to community college being more affordable and less of a burden financially for me and my family. I originally set out to study Economics and Accounting. It wasn’t until my last semester at SMC that I took my first course in statistics as part of a transfer agreement between CA community colleges and the UC System. Once I transferred to UC Santa Barbara, I once again took an upper division course in statistics aimed for Economics majors and again finished very strong in the course. After my first full quarter at UCSB and getting a true sense of Economics and Accounting, I decided to switch officially to Statistics as it was something, I had developed a passion for.

During my undergrad, in order to feel more connected to my background, I joined a student organization “The Latino Business Association” which worked to promote the Latino student community across professional, community, and social events. One of the many community service events I attended was tutoring students in Mathematics in middle school that had a high population of minority groups. This event in particular provided a sense of cultural inclusion.

The UCSB Latino Business Association was affiliated with the Santa Barbara Hispanic Chamber of commerce and gave me the chance to also attend professional events and conferences. I participated in many professional events, fundraising, community services, and social events which eventually helped to build my professional network.

My Motivation for pursuing graduate school for better career opportunities was inspired by my upbringing. I remember my mother taking me with her when she went to work when I was young. She worked as a housekeeper for the same family for over 15 years, and they had known her as Carmen during that time. Her name wasn’t Carmen, her real name was Maria and at the time she was undocumented and feared deportation until she finally became a US Citizen in the late 90’s.

My summers where spent in Malibu, California sitting in a very nice living room overlooking the ocean watching cartoons while my mother worked cleaning the house. I would say that many years later, I still look back to this experience as inspiration for being able to improve myself and my family by moving up in the socio-economic ladder.

I didn’t fully understand the depth of this experience until later in life as I was able to see with my own eyes the stark contrast between how people lived from a multimillion house in a Malibu hill, to then riding in the Los Angeles metro system and looking out the window. And often times be able to tune into two different worlds as a bilingual in Spanish and English

By Sid Coelho-Prabhu Cryptocurrency’s promise is to make money and payments universally accessible– to anyone, no matter where they are in the world. 🔱

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By Sid Coelho-Prabhu

Cryptocurrency’s promise is to make money and payments universally accessible– to anyone, no matter where they are in the world.

The Decentralized Finance (DeFi) or Open Finance movement takes that promise a step further. Imagine a global, open alternative to every financial service you use today — savings, loans, trading, insurance and more — accessible to anyone in the world with a smartphone and internet connection.

This is now possible on smart contract blockchains, like Ethereum. “Smart contracts” are programs running on the blockchain that can execute automatically when certain conditions are met. These smart contracts enable developers to build far more sophisticated functionality than simply sending and receiving cryptocurrency. These programs are what we now call decentralized apps, or dapps.

You can think of a dapp as an app that is built on decentralized technology, rather than being built and controlled by a single, centralized entity or company. (Get used to this word, dapp, you’ll be seeing it a lot from here on out.)

While some of these concepts might sound futuristic–automated loans negotiated directly between two strangers in different parts of the world, without a bank in the middle– many of these dapps are already live today. There are DeFi dapps that allow you to create stablecoins (cryptocurrency whose value is pegged to the US dollar), lend out money and earn interest on your crypto, take out a loan, exchange one asset for another, go long or short assets, and implement automated, advanced investment strategies.

What differentiates these DeFi dapps from their traditional bank or Wall Street counterparts?

At their core, the operations of these businesses are not managed by an institution and its employees — instead the rules are written in code (or smart contract, as mentioned above). Once the smart contract is deployed to the blockchain, DeFi dapps can run themselves with little to no human intervention (although in practice developers often do maintain the dapps with upgrades or bug fixes).The code is transparent on the blockchain for anyone to audit. This builds a different kind of trust with users, because anyone has the opportunity to understand the contract’s functionality or find bugs. All transaction activity is also public for anyone to view. While this may raise privacy questions, transactions are pseudonymous by default, i.e. not tied directly to your real-life identity.Dapps are designed to be global from day one — Whether you’re in Texas or Tanzania, you have access to the same DeFi services and networks. Of course, local regulations may apply but, technically speaking, most DeFi apps are available to anyone with an internet connection.“Permissionless” to create, “permissionless” to participate — anyone can create DeFi apps, and anyone can use them. Unlike finance today, there are no gatekeepers or accounts with lengthy forms. Users interact directly with the smart contracts from their crypto wallets.Flexible user experience — don’t like the interface to a certain dapp? No problem — you can use a third party interface, or build your own. Smart contracts are like an open API that anyone can build an app for.Interoperable — new DeFi applications can be built or composed by combining other DeFi products like Lego pieces — e.g. stablecoins, decentralized exchanges, and prediction markets can be combined to form entirely new products.

DeFi is now one of the fastest growing sectors in crypto. Industry observers measure traction with a unique new metric — “ETH locked in DeFi”. At the time of writing, users have deposited over $600 million worth of crypto into these smart contracts.

Intrigued? Let’s take a closer look at just a few of the popular DeFi dapps out there that you can try today. You’ll need a cryptocurrency wallet with a built-in dapp browser (like Coinbase Wallet) to connect to these dapps. You can also use most of these dapps on desktop by selecting the Coinbase Wallet option and scanning a QR code.

It’s still early days for dapps, so DeFi users should do their research on new products and services. Like any computer code, smart contracts can be vulnerable to both unintended programming mistakes and malicious hacks.

Stablecoin and Decentralized Reserve Bank: MakerDAO

Maker is a stablecoin project where each stablecoin (called DAI) is pegged to the US Dollar and is backed by collateral in the form of crypto. Stablecoins offer the programmability of crypto without the downside of volatility that you see with “traditional” cryptocurrencies like Bitcoin or Ethereum.

You can try creating your own DAI stablecoin on the Maker Oasis dapp. Maker is more than just a stablecoin project, though–it aspires to be a decentralized reserve bank. People who hold a separate but related token, MKR, can vote on important decisions like the Stability Fee (similar to how the Federal Reserve’s Federal Open Market Committee votes on the Fed Funds rate).

Another stablecoin with a different architecture is USD Coin (USDC), where every USDC token is backed by one US dollar held in an audited bank account.

Borrow and Lend: Compound

Compound is a blockchain-based borrowing and lending dapp — you can lend your crypto out and earn interest on it. Or maybe you need some money to pay the rent or buy groceries, but your funds are tied up in your crypto investments? You can deposit your crypto to the Compound smart contract as collateral, and borrow against it. The Compound contract automatically matches borrowers and lenders, and adjusts interest rates dynamically based on supply and demand.

Other popular borrow/lend dapps are Aave and dYdX. Aggregators like LoanScan track borrow/lend interest rates across the various dapps, so you can shop around for the best rates.

Automated Token Exchange: Uniswap

Uniswap is a cryptocurrency exchange run entirely on smart contracts, letting you trade popular tokens directly from your wallet. This is different from an exchange like Coinbase, which stores your crypto for you and holds your private keys for safekeeping. Uniswap uses an innovative mechanism known as Automated Market Making to automatically settle trades near the market price. In addition to trading, any user can become a liquidity provider, by supplying crypto to the Uniswap contract and earning a share of the exchange fees. This is called “pooling”.

Other popular Decentralized Exchange platforms (DEXes) include 0x, AirSwap, Bancor, Kyber, IDEX, Paradex and Radar Relay. All have slightly different architectures.

Prediction Markets: Augur

Augur is a decentralized prediction market protocol. With Augur, you can vote on the outcome of events, except you put ‘skin in the game’ by attaching a value to your vote. Prediction market platforms like Augur and Guesser are nascent, but offer a view into a future where users can make better predictions by tapping into the wisdom of the crowd.

Synthetic Assets: Synthetix

Synthetix is a platform that lets users create and exchange synthetic versions of assets like gold, silver, cryptocurrencies and traditional currencies like the Euro. The synthetic assets are backed by excess collateral locked into the Synthetix contracts.

No-loss savings games: PoolTogether

The composability of DeFi lends itself to infinite new possibilities. PoolTogether is a no-loss game where participants deposit the DAI stablecoin into a common pot. At the end of each month, one lucky participant wins all the interest earned, and everyone gets their initial deposits back.

So what’s next for DeFi?

Money and finance have been around in one form or the other since the dawn of human civilization. Crypto is just the latest digital avatar. In upcoming years, we might see every financial service that we use in today’s fiat system being rebuilt for the crypto ecosystem. We’ve already seen asset issuance and exchange, borrowing, lending, custody, and derivatives built for crypto. What’s next?

The first generation of DeFi dapps rely heavily on collateral as a safeguard. That is, you need to already own crypto and provide it as collateral in order to borrow more crypto. More traditional unsecured borrowing and lending will need to rely on an identity system, so that borrowers can build up credit and increase their borrowing power, much like today’s SSN and FICO scores. Unlike today’s identity and credit systems however, a decentralized identity will have to be both universal and privacy-preserving.

We’re also seeing innovation in the insurance space. Many of today’s DeFi loans are overcollateralized (meaning that loans seem inherently safe because of the generous cushion of assets held in reserve). But the black swan for DeFi is smart contract vulnerabilities. If a hacker finds and exploits a bug in the open source code for a dapp, millions of dollars could be drained in an instant. Teams like Nexus Mutual are building decentralized insurance that would make users whole in the event of smart contract hacks.

Another trend we’re seeing is better user experience. The first generation of dapps was built by blockchain enthusiasts for blockchain enthusiasts. These dapps did a great job of demonstrating exciting new DeFi possibilities, but the usability left something to be desired. The latest iterations of DeFi apps are prioritizing design and ease of use in order to take open finance to a wider audience.

In the future, we expect that crypto wallets will be the portal to all your digital asset activity, just like an internet browser today is your portal to the world’s news and information. Imagine a dashboard that shows you not just what assets you own, but how much you have locked up in different open finance protocols–loans, pools, and insurance contracts.

Across the DeFi ecosystem, we’re also seeing a move towards decentralizing governance and decision-making. Despite the word “decentralized” in DeFi, many projects today have master keys for the developers to shut down or disable dapps. This was done to allow for easy upgrades and provide an emergency shutoff valve in case of buggy code. However, as the code becomes more battle-tested, we expect developers will give up these backdoor switches. The DeFi community is experimenting with ways to allow stakeholders to vote on decisions, including through the use of blockchain-based Decentralized Autonomous Organizations (DAOs).

Something magical is happening in the open financial system — crypto is bringing money online, and we’re seeing a quantum leap in what’s possible when it comes to the functionality of money. It’s a rare opportunity to see an entirely new industry blossom from scratch. The DeFi space will at first play catch up with today’s financial services industry. But over time, it’s hard to even fathom what innovations will come about when the power to build financial services is democratized to anyone who can write code.

To participate in the future of money, sign up for Coinbase here.

This sub is definitely a place for your Libertarian rants: Especially since crypto can leverage those ideas (taxes)

There are legitimate reasons to not want to give money to your Government. Especially if your government spends trillions on killing people across the world.
Crypto was created in order to give people tools to become self sovereign. A self souveriegn person can decide to chose how they want to spend their money. No one signs up for a government and no one has any say about the billions spend on stupid shit. Crypto gives them that say.
Please read my post about the war tax resistors movement:

During the vietnam war, Alexander Haig, a general in the army and an advisor to the white house said the following about Vietnam war protestors:

"Let them march all they want, as long as they continue to pay their taxes."

That statement basically sums up what war tax resisters do, instead of marching in big protests, they do not pay their taxes. War tax resistance is the refusal to pay some or all taxes that pay for war, and may be practiced by conscientious objectors, pacifists, or those protesting against a particular war or certain weapons of war (nuclear). War Tax resisters are distinct from "tax protesters," who deny that the legal obligation to pay taxes exists or applies to them. War Tax resisters may accept that some law commands them to pay taxes but they still choose to resist taxation. The USA's military budget is bigger than the next 7 or 8 top ten big spenders combined. It is estimated that about half of federal taxes goes to current and former military spending and its adjacent industries. USA only spends about 3% of taxes on education. So their is ample reasoning for these people to not want to pay war taxes. Some war tax resisters will either pay 50% of their taxes or a symbolic 1$ or no tax at all. Some will often use the tax money they don't spend, and give it to charity. In this way, they demonstrate that the intent of their resistance is not selfish and that they want to use a portion of their earnings to contribute to the common good. For instance, Julia Butterfly Hill resisted about $150,000 in federal taxes, and donated that money to after school programs, arts and cultural programs, community gardens, programs for Native Americans, alternatives to incarceration, and environmental protection programs. She said:

I actually take the money that the IRS says goes to them and I give it to the places where our taxes should be going. And in my letter to the IRS I said: "I'm not refusing to pay my taxes. I'm actually paying them but I'm paying them where they belong because you refuse to do so."

So what role can crypto play in this ? Well often war tax resisters openly declare to the IRS that they are protesting paying for war taxes. They will often be a part of war tax resister groups and will simultaneously attend a protest on tax day, making their decision pubic. These people are not trying to hide. For some more high profil war tax resisters the IRS does send stronlgy worded letters with a bill for the tax amount. Some will have their wages garnished, if they own property the IRS will try to seize it or seize bank accounts. Enter crypto. War tax resisters can put their net worth in unseizable money. If you hold private key no one can take your crypto. No order from the IRS or a judge can create a situation where you can lose possession of your crypto, it's the ultimate tool for war tax resisters. It's the perfect asset to have since there are a lot of ways to spend Bitcoin and other cryptos without having to go through the government or anyone. Hell, one could even just do face to face in person cash transactions and they wouldn't even generate a tax liability. I believe war tax resistance is going to get more popular as crypto becomes more mainstream. You might ask "why doesn't the IRS prosecute people?". They have in the past, but their recent strategy has been to not create a media event surrounding the war tax resisters. They have said in the past that the media attention of a trial only gives other people the idea to do it, and it's not worth the negative media attention.
Personally I have avoided paying taxes because I live a very modest lifestyle, one where I have a near zero tax obligation. It is illegal to not pay your taxes and I would never tell anyone that they should break the law. However certain laws have been morally wrong in the past (segregation in the US and some might consider prohibition as well). Some might say, when it comes to laws, that it is up to the sovereign individual to decide if its morally righteous or not to pay war tax or not. Crypto is about taking control of your finances and becoming the arbiter of your destiny.
Up until now, living modestly has been my way of participating in the war tax resistance movement. However, I'm very thankful that i've stacked all my sats without kyc, because, should I ever decide to cash out, and have a tax liability, I definitely want the option of acting my conscious and not directly funding the killing of innocent people across the world. But again that is illegal and I can't recommend doing that.
You can find out about war tax resistence here and watch an interview with one here

TLDR: If you dont want to fund wars, you can use crypto to buy non KYC BTC in in person cash trades, then sell the same way

Before the mods just knee jerk delete this post, I am not advocating for anyone to break the law. I am merely pointing out that crypto would help a certain protest movement with their objectives. War tax resistance is widely discussed on reddit in several subreddits such as /r/postive_news, r/Libertarian, r/RadicalChristianity and many others. So the mere discussion of what is possible with crypto should be allowed. We talk about how people use crypto to buy drugs or gamble in places where it is illegal, we sould be able to discuss the how and why of crypto and the war tax resistance movement. You can see examples on reddit here and here and here

When do you guys think the Tesla announcement will come for re-accepting BTC for payment again?

Let’s be honest we’re well under 50% of the carbon footprint emissions since he made the statement of wanting it that low for when they start accepting it again. I think they’re being smart and waiting for a specific level for the announcement because they know it will push BTC hard. They might be waiting for BTC to hit $100k then do it, which will result in another massive fomo event like last time, likely pushing it closer to 125k+. Or it might come closer to the $75k level, resulting it the push bitcoin needs to finally break the 6 figure level@ $100k. We know it’s coming, just not when. What do you guys think?

If you think 🍿 is the only move AMC is making in the near future, just be patient.

It’s one small step. It’s all about revolutionizing the 100 year old company that almost went bankrupt. Don’t forget AA mentioned Bitcoin / crypto, he mentioned a movie ticket NFT, he’s had UFC events in his theatres AND mentioned reaching out to GameStop.

The name of the game for him is saving the company. That’s why he’s here. Obviously he knows some of our wants, as we know for a fact he LISTENS to his investors. But we also gotta remember his (Amc) NEEDS.

Profit. Profit opens up many more doors that lead back to us. But we gotta get there first. This is a step in that direction.

Edit

And for the record. There’s nothing that says he can only do video game related stuff if he partners with GameStop. The company could just decide to do video game related stuff completely on their own because they have the means and space to do so.

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🅱 1 BITCOIN Will Be Awarded To Campaign Winner
🅱 Campaign Ends Before Official Launch Of GoldTube
🅱 Leaderboard is Updated Daily!

GoldTube Highlights:
⚙ Alpha Launched on 10.10.2021
⚙ Prototype System Available for Public Testing and Claim
⚙ Twitch 23/7 Stream | AMA session with Founder on Twitch Chat Everyday
⚙ GoldTube have its Own Development Team Consist of Blockchain, Web Development, App Development & Media Development.

Stats:
⚙ Week 2 Total User: 200+
⚙ Daily Active Users: 100+
⚙ Daily Recurring Users: 50+

Visit GoldTube 23/7 Stream Here:
https://www.twitch.tv/goldtubeofficial
GoldTube User with the Highest GOLT Token Before Official Launch Will be Awarded 1 Bitcoin.
Leaderboard will be Updated Daily.

Pre-Sale
🔑 Participate in GoldTube Campaign to Earn a Slot in GoldTube Pre-Sale Event
🔑 Participate in GoldTube Bug Bounty Campaign to Earn a Slot in GoldTube Pre-Sale Event

Prototype
GoldTube Current Prototype will be Testing the Hypothesis of "Will Viewers Watch Videos In Exchange For Money?".

GoldTube Alpha Launch Aim to Collect Statistics and Market Reactions Allowing Development Team to Pivot into the Right Direction.

Expect Final Product To Be a Standalone Platform Where Money is Credited Directly to Viewer After Every Video Watched.

GOLT Token
♠ GoldTube GOLT Token is Not Listed on Any DEX Platform
♠ First Round of Pre-Sale Will Be Conducted After Launching of GoldTube Beta.
♠ GoldTube Beta will Allow Viewers to Earn GOLT Token From Every Video Watched.

Alpha Launch Campaign
♠ New Games Weekly
♠ Game Content Updated Daily
♠ More Than 60 Unique Campaign Codes Created

Community
GoldTube is Trying to Create the World's First Paid-To-Watch Culture.
AMA with GoldTube CEO Everyday on Telegram.
Join us so that the next time you watch videos, you will be paid for it.

Follow GoldTube Social Media Platform

GoldTube

Twitch

Twitter

Facebook

Reddit

Instagram

TikTok

Telegram

Telegram Announcement Group

Discord

Vimeo

GitBook: Whitepaper

Email Us : [admin@goldtube.io](mailto:admin@goldtube.io)

Thank You For Reading!
Earn Money Watching Videos!

📀 World's First Watch-To-Earn Platform | 🍿 Earn Money Watching Videos ! 🚀 Founder-Sale Coming Soon !

GoldTube Founder-Sale Coming Soon! Join GoldTube Telegram or Social Media Channel to Find Out More!

🎬 Netflix = Pay-To-Watch
💻 YouTube = Free-To-Watch
📀 GoldTube = Paid-To-Watch

GoldTube is a Platform Created to Reward Viewers with Money from Watching Videos.

For Viewers:
🍿 Earn GoldTube (GOLT) Token From Watching Videos
🍿 GOLT-TO-GOLD System Allowing Viewers to Invest GOLT to Earn More GOLT within the GoldTube Ecosystem
🍿 Same Content, One is Free-To-Watch, One is Paid-To-Watch. Which Will You Choose?

For Content Creators:
🎥 Get Paid Up to 6x Times More per 1000 views
🎥 Improve APV, AVD, WT, CTR and Conversion through GoldTube Community
🎥 Improve Viewer Experience (VX)
🎥 Organic Traffic Directed to your Video
🎥 With More than 1 Billion Hours of Videos Uploaded to the Internet Every Month, How Can Content Creator Stand Out from the Others?

Pre-Launch Campaign Prize:
🅱 1 BITCOIN Will Be Awarded To Campaign Winner
🅱 Campaign Ends Before Official Launch Of GoldTube
🅱 Leaderboard is Updated Daily!

GoldTube Highlights:
⚙ Alpha Launched on 10.10.2021
⚙ Prototype System Available for Public Testing and Claim
⚙ Twitch 23/7 Stream | AMA session with Founder on Twitch Chat Everyday
⚙ GoldTube have its Own Development Team Consist of Blockchain, Web Development, App Development & Media Development.

Stats:
⚙ Week 2 Total User: 200+
⚙ Daily Active Users: 100+
⚙ Daily Recurring Users: 50+

Visit GoldTube 23/7 Stream Here:
https://www.twitch.tv/goldtubeofficial
GoldTube User with the Highest GOLT Token Before Official Launch Will be Awarded 1 Bitcoin.
Leaderboard will be Updated Daily.

Pre-Sale
🔑 Participate in GoldTube Campaign to Earn a Slot in GoldTube Pre-Sale Event
🔑 Participate in GoldTube Bug Bounty Campaign to Earn a Slot in GoldTube Pre-Sale Event

Prototype
GoldTube Current Prototype will be Testing the Hypothesis of "Will Viewers Watch Videos In Exchange For Money?".

GoldTube Alpha Launch Aim to Collect Statistics and Market Reactions Allowing Development Team to Pivot into the Right Direction.

Expect Final Product To Be a Standalone Platform Where Money is Credited Directly to Viewer After Every Video Watched.

GOLT Token
♠ GoldTube GOLT Token is Not Listed on Any DEX Platform
♠ First Round of Pre-Sale Will Be Conducted After Launching of GoldTube Beta.
♠ GoldTube Beta will Allow Viewers to Earn GOLT Token From Every Video Watched.

Alpha Launch Campaign
♠ New Games Weekly
♠ Game Content Updated Daily
♠ More Than 60 Unique Campaign Codes Created

Community
GoldTube is Trying to Create the World's First Paid-To-Watch Culture.
AMA with GoldTube CEO Everyday on Telegram.
Join us so that the next time you watch videos, you will be paid for it.

Follow GoldTube Social Media Platform

GoldTube

Twitch

Twitter

Facebook

Reddit

Instagram

TikTok

Telegram

Telegram Announcement Group

Discord

Vimeo

GitBook: Whitepaper

Email Us : [admin@goldtube.io](mailto:admin@goldtube.io)

Thank You For Reading!
Earn Money Watching Videos!

📀 World's First Watch-To-Earn Platform | 🍿 Earn Money Watching Videos ! 🚀 Founder-Sale Coming Soon !

GoldTube Founder-Sale Coming Soon! Join GoldTube Telegram or Social Media Channel to Find Out More!

🎬 Netflix = Pay-To-Watch
💻 YouTube = Free-To-Watch
📀 GoldTube = Paid-To-Watch

GoldTube is a Platform Created to Reward Viewers with Money from Watching Videos.

For Viewers:
🍿 Earn GoldTube (GOLT) Token From Watching Videos
🍿 GOLT-TO-GOLD System Allowing Viewers to Invest GOLT to Earn More GOLT within the GoldTube Ecosystem
🍿 Same Content, One is Free-To-Watch, One is Paid-To-Watch. Which Will You Choose?

For Content Creators:
🎥 Get Paid Up to 6x Times More per 1000 views
🎥 Improve APV, AVD, WT, CTR and Conversion through GoldTube Community
🎥 Improve Viewer Experience (VX)
🎥 Organic Traffic Directed to your Video
🎥 With More than 1 Billion Hours of Videos Uploaded to the Internet Every Month, How Can Content Creator Stand Out from the Others?

Pre-Launch Campaign Prize:
🅱 1 BITCOIN Will Be Awarded To Campaign Winner
🅱 Campaign Ends Before Official Launch Of GoldTube
🅱 Leaderboard is Updated Daily!

GoldTube Highlights:
⚙ Alpha Launched on 10.10.2021
⚙ Prototype System Available for Public Testing and Claim
⚙ Twitch 23/7 Stream | AMA session with Founder on Twitch Chat Everyday
⚙ GoldTube have its Own Development Team Consist of Blockchain, Web Development, App Development & Media Development.

Stats:
⚙ Week 2 Total User: 200+
⚙ Daily Active Users: 100+
⚙ Daily Recurring Users: 50+

Visit GoldTube 23/7 Stream Here:
https://www.twitch.tv/goldtubeofficial
GoldTube User with the Highest GOLT Token Before Official Launch Will be Awarded 1 Bitcoin.
Leaderboard will be Updated Daily.

Pre-Sale
🔑 Participate in GoldTube Campaign to Earn a Slot in GoldTube Pre-Sale Event
🔑 Participate in GoldTube Bug Bounty Campaign to Earn a Slot in GoldTube Pre-Sale Event

Prototype
GoldTube Current Prototype will be Testing the Hypothesis of "Will Viewers Watch Videos In Exchange For Money?".

GoldTube Alpha Launch Aim to Collect Statistics and Market Reactions Allowing Development Team to Pivot into the Right Direction.

Expect Final Product To Be a Standalone Platform Where Money is Credited Directly to Viewer After Every Video Watched.

GOLT Token
♠ GoldTube GOLT Token is Not Listed on Any DEX Platform
♠ First Round of Pre-Sale Will Be Conducted After Launching of GoldTube Beta.
♠ GoldTube Beta will Allow Viewers to Earn GOLT Token From Every Video Watched.

Alpha Launch Campaign
♠ New Games Weekly
♠ Game Content Updated Daily
♠ More Than 60 Unique Campaign Codes Created

Community
GoldTube is Trying to Create the World's First Paid-To-Watch Culture.
AMA with GoldTube CEO Everyday on Telegram.
Join us so that the next time you watch videos, you will be paid for it.

Follow GoldTube Social Media Platform

GoldTube

Twitch

Twitter

Facebook

Reddit

Instagram

TikTok

Telegram

Telegram Announcement Group

Discord

Vimeo

GitBook: Whitepaper

Email Us : [admin@goldtube.io](mailto:admin@goldtube.io)

Thank You For Reading!
Earn Money Watching Videos!

📀 World's First Watch-To-Earn Platform | 🍿 Earn Money Watching Videos ! 🚀 Founder-Sale Coming Soon !

GoldTube Founder-Sale Coming Soon! Join GoldTube Telegram or Social Media Channel to Find Out More!

🎬 Netflix = Pay-To-Watch
💻 YouTube = Free-To-Watch
📀 GoldTube = Paid-To-Watch

GoldTube is a Platform Created to Reward Viewers with Money from Watching Videos.

For Viewers:
🍿 Earn GoldTube (GOLT) Token From Watching Videos
🍿 GOLT-TO-GOLD System Allowing Viewers to Invest GOLT to Earn More GOLT within the GoldTube Ecosystem
🍿 Same Content, One is Free-To-Watch, One is Paid-To-Watch. Which Will You Choose?

For Content Creators:
🎥 Get Paid Up to 6x Times More per 1000 views
🎥 Improve APV, AVD, WT, CTR and Conversion through GoldTube Community
🎥 Improve Viewer Experience (VX)
🎥 Organic Traffic Directed to your Video
🎥 With More than 1 Billion Hours of Videos Uploaded to the Internet Every Month, How Can Content Creator Stand Out from the Others?

Pre-Launch Campaign Prize:
🅱 1 BITCOIN Will Be Awarded To Campaign Winner
🅱 Campaign Ends Before Official Launch Of GoldTube
🅱 Leaderboard is Updated Daily!

GoldTube Highlights:
⚙ Alpha Launched on 10.10.2021
⚙ Prototype System Available for Public Testing and Claim
⚙ Twitch 23/7 Stream | AMA session with Founder on Twitch Chat Everyday
⚙ GoldTube have its Own Development Team Consist of Blockchain, Web Development, App Development & Media Development.

Stats:
⚙ Week 2 Total User: 200+
⚙ Daily Active Users: 100+
⚙ Daily Recurring Users: 50+

Visit GoldTube 23/7 Stream Here:
https://www.twitch.tv/goldtubeofficial
GoldTube User with the Highest GOLT Token Before Official Launch Will be Awarded 1 Bitcoin.
Leaderboard will be Updated Daily.

Pre-Sale
🔑 Participate in GoldTube Campaign to Earn a Slot in GoldTube Pre-Sale Event
🔑 Participate in GoldTube Bug Bounty Campaign to Earn a Slot in GoldTube Pre-Sale Event

Prototype
GoldTube Current Prototype will be Testing the Hypothesis of "Will Viewers Watch Videos In Exchange For Money?".

GoldTube Alpha Launch Aim to Collect Statistics and Market Reactions Allowing Development Team to Pivot into the Right Direction.

Expect Final Product To Be a Standalone Platform Where Money is Credited Directly to Viewer After Every Video Watched.

GOLT Token
♠ GoldTube GOLT Token is Not Listed on Any DEX Platform
♠ First Round of Pre-Sale Will Be Conducted After Launching of GoldTube Beta.
♠ GoldTube Beta will Allow Viewers to Earn GOLT Token From Every Video Watched.

Alpha Launch Campaign
♠ New Games Weekly
♠ Game Content Updated Daily
♠ More Than 60 Unique Campaign Codes Created

Community
GoldTube is Trying to Create the World's First Paid-To-Watch Culture.
AMA with GoldTube CEO Everyday on Telegram.
Join us so that the next time you watch videos, you will be paid for it.

Follow GoldTube Social Media Platform

GoldTube

Twitch

Twitter

Facebook

Reddit

Instagram

TikTok

Telegram

Telegram Announcement Group

Discord

Vimeo

GitBook: Whitepaper

Email Us : [admin@goldtube.io](mailto:admin@goldtube.io)

Thank You For Reading!
Earn Money Watching Videos!

May 1, 1933, President Roosevelt's Executive Order required U.S. Citizens to Deliver Gold

For some reason, this historical event has been buzzing around in my brain for quite some time now. With Crypto, and more specifically Bitcoin becoming more and more likely to reach a market cap equal to, if not more than, gold. Furthermore, shortly after the gold war was confiscated by the government they raised the price from $20.67 per troy ounce (which they paid each person) to $35 per ounce. 1 troy ounce = 1.09714 ounces.

If you refused to turn in your gold, well: " Under the Trading With the Enemy Act of October 6, 1917, as amended on March 9, 1933, violation of the order was punishable by fine up to $10,000 ($167,700 if adjusted for inflation as of 2010) or up to ten years in prison, or both. "

Currently, Under current federal law, gold bullion can be confiscated by the federal government in times of national crisis

The reasoning behind the confiscation of gold during the time of war was "due to rationale. The stated reason for the order was that hard times had caused "hoarding" of gold, stalling economic growth and worsened the depression as the US was the using the gold standard for its currency."

With BTC being the best performing, and most successful, what do you guys think about something like this? Physically, the government can find your gold if they chose to do home searches. Would the technology even be available to the government to track things like wallet balances, etc?

​

more info: Government Confiscation of Gold: Understanding the Facts

Shiva Token ($SHIVA) 🔱 - Audited by Certik & Paladine | Earn Free Bitcoin Even While You Are Asleep 🤑 | DeFI Ecosystem | Launched Today - Parabolic Chart

🚨 Launched Alert: Shiva Token ($SHIVA) is a 100x gem that gives you free Bitcoin rewards 🚨

💰 Get 10% Bitcoin dividend from all buy & sell transactions. Earn Bitcoin just for holding! Buy-Back & Burn function is Enabled.

💬 Join Telegram : https://t.me/shivatoken (12,000+ Members)

🌐 Website: https://shivatoken.club

📰 White Paper: https://docs.shivatoken.club

✅ It's Just Launched - Going Moon

Audited by CERTIK & Paladine

🔥 Tokenomics 🔥

• 10% Automatic $BTC Redistribution
• 5% Marketing Tax
• 3% Automatic Liquidity Pool
• 5% Automatic Buyback + Burn (sell tx)

🔥 Why Shiva 🔥

🔐 Liquidity Locked till 2025

🌟 Doxxed Team

🤝 Active Community

🔫 Anti-bot & Anti-dumping Protocol

💵 51 Billion limited supply + Burn Events

💹 Buybacks & Auto-liquidity

🎷 SAFU & Long Term Project

​

This is big project with huge marketing plans, Online & Outdoor Promotions & Influencers Collab. LFG 🚀

⚠️This is not financial advice , Please Do Your Own Research.

Shiva Token ($SHIVA) 🔱 - Audited by Certik & Paladine | Earn Free Bitcoin Even While You Are Asleep 🤑 | DeFI Ecosystem | Launched Today - Parabolic Chart

🚨 Launched Alert: Shiva Token ($SHIVA) is a 100x gem that gives you free Bitcoin rewards 🚨

💰 Get 10% Bitcoin dividend from all buy & sell transactions. Earn Bitcoin just for holding! Buy-Back & Burn function is Enabled.

💬 Join Telegram : https://t.me/shivatoken (12,000+ Members)

🌐 Website: https://shivatoken.club

📰 White Paper: https://docs.shivatoken.club

✅ It's Just Launched - Going Moon

Audited by CERTIK & Paladine

🔥 Tokenomics 🔥

• 10% Automatic $BTC Redistribution
• 5% Marketing Tax
• 3% Automatic Liquidity Pool
• 5% Automatic Buyback + Burn (sell tx)

🔥 Why Shiva 🔥

🔐 Liquidity Locked till 2025

🌟 Doxxed Team

🤝 Active Community

🔫 Anti-bot & Anti-dumping Protocol

💵 51 Billion limited supply + Burn Events

💹 Buybacks & Auto-liquidity

🎷 SAFU & Long Term Project

​

This is big project with huge marketing plans, Online & Outdoor Promotions & Influencers Collab. LFG 🚀

⚠️This is not financial advice , Please Do Your Own Research.

Shiva Token ($SHIVA) 🔱 - Audited by Certik & Paladine | Earn Free Bitcoin Even While You Are Asleep 🤑 | DeFI Ecosystem | Launched Today - Parabolic Chart

🚨 Launched Alert: Shiva Token ($SHIVA) is a 100x gem that gives you free Bitcoin rewards 🚨

💰 Get 10% Bitcoin dividend from all buy & sell transactions. Earn Bitcoin just for holding! Buy-Back & Burn function is Enabled.

💬 Join Telegram : https://t.me/shivatoken (12,000+ Members)

🌐 Website: https://shivatoken.club

📰 White Paper: https://docs.shivatoken.club

✅ It's Just Launched - Going Moon

Audited by CERTIK & Paladine

🔥 Tokenomics 🔥

• 10% Automatic $BTC Redistribution
• 5% Marketing Tax
• 3% Automatic Liquidity Pool
• 5% Automatic Buyback + Burn (sell tx)

🔥 Why Shiva 🔥

🔐 Liquidity Locked till 2025

🌟 Doxxed Team

🤝 Active Community

🔫 Anti-bot & Anti-dumping Protocol

💵 51 Billion limited supply + Burn Events

💹 Buybacks & Auto-liquidity

🎷 SAFU & Long Term Project

​

This is big project with huge marketing plans, Online & Outdoor Promotions & Influencers Collab. LFG 🚀

⚠️This is not financial advice , Please Do Your Own Research.

Shiva Token ($SHIVA) 🔱 - Audited by Certik & Paladine | Earn Free Bitcoin Even While You Are Asleep 🤑 | DeFI Ecosystem | Launched Today - Parabolic Chart

🚨 Launched Alert: Shiva Token ($SHIVA) is a 100x gem that gives you free Bitcoin rewards 🚨

💰 Get 10% Bitcoin dividend from all buy & sell transactions. Earn Bitcoin just for holding! Buy-Back & Burn function is Enabled.

💬 Join Telegram : https://t.me/shivatoken (12,000+ Members)

🌐 Website: https://shivatoken.club

📰 White Paper: https://docs.shivatoken.club

✅ It's Just Launched - Going Moon

Audited by CERTIK & Paladine

🔥 Tokenomics 🔥

• 10% Automatic $BTC Redistribution
• 5% Marketing Tax
• 3% Automatic Liquidity Pool
• 5% Automatic Buyback + Burn (sell tx)

🔥 Why Shiva 🔥

🔐 Liquidity Locked till 2025

🌟 Doxxed Team

🤝 Active Community

🔫 Anti-bot & Anti-dumping Protocol

💵 51 Billion limited supply + Burn Events

💹 Buybacks & Auto-liquidity

🎷 SAFU & Long Term Project

​

This is big project with huge marketing plans, Online & Outdoor Promotions & Influencers Collab. LFG 🚀

⚠️This is not financial advice , Please Do Your Own Research.

We should start a Bitcoin charity fund for the unfortunate people who will lose everything when the fiat/inflation bubble pops

There are the Uber rich who don’t give shit about fuck and in the unfortunate event of the impending fiat collapse, will end up on their feet.

There are people like us, who have somewhat of a stable backing with crypto as a hedge against inflation and a financial apocalypse.

There are, however, people who work day and night, work so damn hard so that they can just eek by with the government financially against them. They don’t have the time to DYOR into how to protect themselves in a financial crisis. Sadly, this amounts to an enormous population. Relatively innocent victims of power-hungry politicians and an irresponsible fed.

The Bitcoin charity (name still TBD) can be set up to provide support to that third group when the bubble bursts. In the end, crypto was made for positive change. We are the only ones with the smarts and foresight that can make it happen.

Who’s with me?!

Craig Wright on CoinGeek Backstage: Bitcoin isn’t a currency, it’s a ledger

The recently held CoinGeek Conference in New York was a well-received event featuring a wide array of panels and speakers, including renowned economist and author George Gilder, nChain Chief Scientist Dr. Craig Wright, and celebrity Adrian Grenier.

One of the main highlights at the event was a panel that brought together Dr. Wright with blockchain technology pioneers Scott Stornetta, Stuart Haber, and Ian Grigg, where they discussed “Blockchain: The Future of Technology Building on Achievements of the Past.” Satoshi cited Haber and Stornetta’s work three times in the footnotes to the 2008 Bitcoin white paper. 

Watch the video: https://tpow.app/55fbf189

https://preview.redd.it/fpix3k5silx71.png?width=730&format=png&auto=webp&s=6b6dd8ac1e9f1e641e96c14d5a4f31e0286ffd4b

$1m Milestone at 29 - Numbers, Case Study and Next Steps

tl;dr self taught web developer with a BA in social science and foreign language who worked their way up to senior engineer at BigCorp, kept expenses under $40k/yr and went all in on index funds.

Hey all. I discovered this sub in 2013 when I was 22 and broke with no career plan. Today I'm 29, turning 30 in a few weeks, and my net worth just passed $1mil - all in investments and cash. I've consistently spent roughly $32k-38k a year for the past 4-5 years, so this means I just hit FI for my current expenses!

My RE number is different from my FI number, so I'm not retiring yet. More about that at the end of the post.

Its all from working, saving and index fund returns. No combined couples finances, no inheritance, no house appreciation, no crypto windfalls, no parental support after turning 18, etc.

This post is not an attempt to take credit for the results of the record bull market or my own privilege as a middle-class American with access to good education and opportunities. My situation arose out of a mix of both luck and hard work, neither of which would have been enough without the other.

This post is also not advice. It is a case study to provide data to people who find this kind of data interesting. Reading these kinds of stories at 22 directly inspired me to do what I did, so I'm contributing one back.

---

The Numbers

Current NW Breakdown

Asset	Value
Emergency Fund + House Downpayment	$57k
Taxable Brokerage	$663k
401k	$180k
Roth IRA	$24k
HSA	$11k
Vested & Held RSUs	$68k
Bitcoin	$1k

No debt. I got several scholarships for undergrad, graduated early to save on tuition, and paid off my remaining loans while making US pay in a developing country (see career section below for details).

I messed up early on and was afraid of taxed-advantaged accounts, and in later years my earnings exceeded a lot of limits so I had to dump the remainder in taxable. That's why my taxable is so high.

Rough estimate of yearly pretax income over time

Not exact figures but pretty close. I finished undergrad a semester early at the end of December 2013.

Year	Job	Total Pretax Compensation
2014	Freelance Web Developer	$40k
2015	Media Company Software Developer	$90k
2016	Junior BigCorp Developer	$155k
2017	BigCorp Developer	$145k
2018	BigCorp Developer	$180k
2019	BigCorp Developer	$225k
2020	BigCorp Developer	$295k
2021	Senior BigCorp Developer	$295k

tl;dr self taught programmer with a BA in social science who started freelance making WordPress websites and climbed to senior engineer at BigCorp.

My budget in 2021

Category	Budgeted Per Month
Rent, utilities and insurance	$1780
Electricity	$35
Groceries	$175
Internet	$55
Household supplies	$25
Cell service	$0 (comped by company)
Car	$0 (carless my whole life)
Public Transit	$0 (comped by company)
Medical	$100 (its almost never actually this high - more of an emergency earmark)
Web Hosting	$15
Outdoor adventure travel (rental cars, lift tickets, etc.)	$300
Gifts	$50
Coffee	$20
Discretionary	~$400-500

I keep a line-item budget using Firefly III and my expenses have been $34k-$38k total per year for the past 3 years

Prior to the past couple years, I was much more frugal and kept my expenses around $30-34k per year. I was living somewhere cheaper, was living with my now-ex who was helping with rent and I was not spending on anything fun at all.

---

Lifestyle

I live a very frugal lifestyle. My annual spending has stayed within $26k-$38k my entire adult life despite living solely in (V)HCOL cities. About 75% of my frugality is by preference, and the remaining 25% is delayed lifestyle inflation so I could hit FI sooner.

I walk and take the bus everywhere - I have never owned a car. I buy everything used. Yes, I eat lentils r/fijerk (I'm a vegetarian). The only thing in my life I spend big on is housing. I rent a small but very nice apartment in an expensive, walkable central neighborhood in a desirable city. During the week, I spend almost all my time at home either working or engrossed in my hobbies. I love to read, write, mess with computers, make videos, play video games and TTRPGs, watch TV and movies, sew, cook and bake. I don't often do things like eat out or go to ticketed events - did a lot of that in my early 20s but not into it anymore.

What I really live for is backpacking and skiing on weekends and vacations. That's what makes me happy and what I center my life around. All in all they're not very expensive hobbies - I live less than an hour drive from the mountains and costs are basically just rental cars and gas once or twice a month, permits, clif bars, the occasional big gear purchase. I even handmake some of my own camping gear.

Frankly I do not think my lifestyle would work for most people. But it makes sense for me.

Career

While I have become "the typical high paid software developer", I did not begin that way.

I finished undergrad in winter 2013 with a BA in social science and a foreign language minor. I had no savings (but thankfully only a small amount of debt) and absolutely no idea what to do. I was living paycheck to paycheck in NYC in a shared Craigslist apartment, working an abusive retail job and doing exploitative odd gigs to survive.

I read about tech careers on reddit, and computers had always been a hobby, so with no other career prospects I started working freelance building websites. Mind you I never expected to make 6 figures in my life, but I thought it'd be a good income source until I could figure out a "real career". I leapt into working 50-60 hour weeks with an extra 10+ hours on nights and weekends working on software side projects, building an online presence to market myself with, and studying CS fundamentals and interview questions. I was very passionate about the subject material. I had no personal life during this time - all I did was work and sleep.

After 9 months of grinding like this, I unexpectedly received a full-ride scholarship for a one year post-grad program in Asia. I moved there and lived rent free in the university dorms for 14 months. I continued to work remotely around 20-30 hours per week for an NYC-based web development agency while attending college full time in a foreign language. I lived for free off of the scholarship and arbitraged my American freelance pay to eradicate the rest of my debt and start saving and investing.

When my visa expired I moved back to NYC and got my first big time corporate job working on a household name media company website. After 14 months I job hopped again to a big tech company and left NYC forever in favor of a slightly less expensive west coast city (not Bay Area).

I've been living frugally and grinding the corporate ladder for 5 years since then. I was promoted 10 months after joining BigCorp and got promoted again this year to senior engineer. I've gotten top tier performance reviews almost all years. As a result my pretax compensation has grown from the sub-$30k I was making when I first started out as a 21 year old freelancer to just under $300k now.

This career has taken a huge toll on me in terms of health, stress and missed experiences, but it was a financial rocketship just like those reddit posts promised. I went down this path with my eyes open to the tradeoffs I was making, and for the most part I don't regret them. With that said, this isn't sustainable long term.

Investment Strategy

I'm not a clever investor and I did a lot of things wrong over the years. I put money into taxable instead of tax-advantaged thinking "what if I need it sooner". I bought a bunch of bonds early on thinking they were safer. I sold Bitcoin at $10 per coin in 2012, and sold my company RSUs on vest instead of holding - the stock price has since jumped 4x. I never bought property despite watching prices soar around me.

The one thing I did right was regularly buy and hold index funds. I have since corrected my earlier mistakes around asset allocation and tax advantaged investment, but my knowledge of investing has very little to do with my success.

Long Term Goals

While building this career has been exciting, its also not something I can continue doing long term. I'm burned out and no longer have any passion for consumer software. While I don't work as many hours these days as I used to, my job still takes a huge toll on me in terms of stress and sacrifices in my personal life. Crunch times, disruptive oncall rotations and toxic corporate politics are all regularities. I've gained 20lbs in the past 5 years, have developed unhealthy stress coping mechanisms and have almost no energy outside work.

Conversely, the happiest times in my life have been my experiences living abroad and spending extended time in the wilderness. I want to get to a point where I have a stable home base that I can always come home to, so that I can go on fun multi month dirtbag adventures but never have to worry about finances or what I'm going to do when the trip ends. I don't see myself marrying or having children.

Ideally I'd spend April - October each year hiking long trails (Appalachian Trail, Pacific Crest Trail, etc.) or doing low cost travel abroad, and the rest of the time back home in my HCOL location skiing, doing shorter local backcountry trips and pursuing my numerous hobbies. I cannot fathom the idea of being bored without work.

Next Steps

I really don't know what to do next. On the one hand I still feel miles away from permanent RE. Can't imagine stopping work for good until I have not only this nest egg but also:

1. Ownership of a 2BR condo or home
2. Budget for an AWD high clearance car (my primary planned source of entertainment in RE)
3. US healthcare solution

I like the west coast too much to leave, so I'm roughly looking at $400-$600k for the type of property I'd like to own (a modest 2BR condo/townhome or <1000sqft cottage in a nice neighborhood). This likely means another 2-5 years of working at my current income level before I can pay off the property in full or amass enough investments to pay the mortgage. I have a downpayment saved and am planning to buy in the next few months.

On the other hand, I don't know how much longer I can do my job. It is wrecking me physically and mentally.

So I'm currently stuck between these two choices. I can grind a few more years and then pull the cord for good. Or I can flame out now, pull the plug early and go hiking with $1mil in investments, and then have to get a job again later on in my 30s to get a house. If I do stick to the grind, I will begin spending more next year now that I'm at $1mil. I would love to hear peoples' opinions and thoughts on what I should do.

40s and on? Anyone who thinks they know what they'll want in over 10 years is kidding themselves. We'll cross that bridge when we get there.

VAUSH WAS WRONG! (But NOT for the reason you think!)

(This post was delayed while Vaush went to Freer Future Fest)

I know it's a little bit of a meme that Vaush is criticised by people who do not understand his position. And yeah that seems to happen a lot. But I am going to go very thoroughly through his statements and examples, because I actually appreciate Vaush's content and contribution a lot. - I do not expect Vaush to know everything in the world, reality is large and complex. But I think this mistake can be challened based on Vaush's own training and general perception of the world. Buckle up!

This is the video: https://www.youtube.com/watch?v=6NwZf6dvxxA Grimes Breaks Up With Elon Musk and GOES FULL COMMIE?

And it was wrong because (PLOTTWIST) Vaush followed THEORY!

---

Okay, now I don’t take any issue with calling out Grimes being performative. But when he brings it in to movies and Anti-Capitalist media and methods of publishing. I have a lot to say here, so let’s unpack it a little here. This is the quote he brings up on screen.

According to Fisher, capitalist realism has so captured public thought that the idea of anti-capitalism no longer acts as the antithesis to capitalism. Instead, it is deployed as a means for reinforcing capitalism. This is done through media which aims to provide a safe means of consuming anti-capitalist ideas without actually challenging the system. The lack of coherent alternatives, as presented through the lens of capitalist realism, leads many anti-capitalist movements to cease targeting the end of capitalism, but instead to mitigate its worst effects, often through individual consumption-based activities.

Pieces of media he brings up is:

• Parasite (2019) by Bong Joon-ho
• The Hunger Games (2012-2015) films
• Che Guevera shirts.

A primary premise or conclusion of this video by him is: “The Bourgeoisie know they are safe to co-opt anti-capitalist aesthetics because it doesn’t create revolutionaries and why would they promote and signal boost these pieces of media if they promote values antithetical to their interests.”

Another thing he puts forward incredulously is “show me any revolution in history motivated by a triple A blockbuster”

So I will get to the meat of the premise in a moment, but I’d really be sincerely interested where and why he draws a line between art which is anti-capitalist sincerely and which is simply capitalism recouping anti-capitalism. Because he mentions in the video that a book can be self-published but a studio cannot be doing anything but recouping capitalism.

Which is very interesting, considering books that are self-published today usually come to people through a platform of some kind, usually a conglomerate. Spotify, Amazon, Youtube etc. I presume the idea is that these platforms are being passive and they are not actively green lighting videos that go on their platform because of the sheer volume.

Again the boundary here is very interesting to me. Is the audiobooks on audible a product of turning anti-capitalism in to a commodity? Is reading “Capital in the Twenty First Century” by Piketty, Capitalist Realism? Is listening to“Understanding Socialism” by Richard Wolff, Capitalist Realism? Is listening to the audiobook of Lenin’s “State and Revolution”, Capitalist Realism? Every single one of these are on Amazon and have had quite a bit of money put into them to turn them in to audiobooks, by capitalist companies. I believe Wolff’s book was turned in to an audiobook by Tantor Audio. This is a capitalist enterprise as far as I can tell.

Sure, you might say, these haven’t been explicitly greenlit by executives. Never mind the fact some kind of transaction is often needed to self-publish and you still need to make other kinds of money on the side to survive or live off of benefits long enough to write a book you can self-publish – let alone if you don’t use capitalist publishers and hand every single copy directly to the person – this is an enormous amount of effort to publish anything like this, not to mention all of the material required to print or avenues to advertise on. Marx himself lived off Engels, a member of the owner class.

Okay okay, to start, let’s zoom out a little and then focus back in. Let's do a case study. Bernie Sanders has been responsible for a sizeable push left. He is still a socdem in policy and rhetoric atleast, and yes by providing socdem policies he is technically saving capitalism. But I think for many people Bernie Sanders has opened the door to going further than becoming socdem, he identified as a socialist and has seen a rise in the DSA. There are far more communists now in the USA than there was before this socdem candidate ran for president. I maintain even as if a socdem, he represents a threat to the bourgeoisie.

Has he been suppressed in the past? Yes, he has. Is it still possible to watch him be interviewed on live television, has he spent time on the stage of the democratic debates? Yes. He has. And everytime he comes on TV he can push people left, can he counter bad narrative? Yes.

So why is the news even interviewing him? Surely this is against their interests? The answer is one of two main ones. Either its capitalist realism to let their narrative be crushed live on air and reduce their own legitimacy, or it is because the Senator is newsworthy, and people will click on videos that have Bernie Sanders in it. To explain it simply – they are following the market incentive.

The first one does not make any sense from their perspective, they have no interest to let Sanders on if they are not doing it for profit. Therefore, it is most likely the latter.

Now we have excused the behaviour of news corporations, where do we stop? Why does Amazon host anti-capitalist books and audiobooks? They’re following the market incentive. Why does Amazon prime or HBO actively make anti-capitalist movies and tv series? They’re following the market incentive. Why is John Oliver allowed to make loud systemic critiques which trend on twitter every time they hit the nail on the head?

Yes, he’s never said get rid of capitalism. But systemic critiques only lead to certain conclusions and one of those conclusions is get rid of the system. They’re following the market incentive. Why are capitalists at all touching socialism when it cannot simply be printed on a tee and forgotten? Because they are following the market incentive. It’s profit.

And if it still doesn’t make sense, because in the long term anti-capitalism could endanger their own systems and livelihoods. They’re doing something against their interest, no? They should be scared of this but... they’re not because in the long-term –

Well, I’d like to present to you a list of capitalists and other dumb humans doing stuff for short term gain which actively hurts them or their class in the long run, but that would be far too long and encompass the near entirety of human history.

For the highlights see, climate change, alcohol abuse, ponzi schemes, bitcoin. Also see: setting up anti-capitalist newspapers and expecting them not to unionize or democratise. Do you think Current Affairs, or The Young Turks thought about class warfare this meticulously before creating top-down companies (in some cases without unions) or thought this would happen in the long run? Obviously not.

Humans are dumb incentive-driven creatures that even Vaush has admitted it his recent videos. And we’re not awesome at thinking long term, unless you think that those socialist publications are somehow dumber than regular business owners.

Sure, they think about their power and how to suppress unions but honestly, 8 times out of 10 even if these big companies didn’t want to platform anti-capitalism, it could cost them, in either clout or monetary loss because, partially, the winds are changing where anti-capitalism or critiques are becoming popular - and lots of lefties are in the creative industry.

And yes, this can result in just preserving capitalism, but a message sent to you in something made in the perfect ethical way over the telephone or over facebook doesn’t change whether or not the message is anti-capitalist. You could say fuck capitalism let’s overthrow it today and actually mean it even if you tell them over WhatsApp instead of Signal.

Yes, T.O.S can come in to not breaking the law and stifling revolutionary activity, but I’m pretty sure there are people out there who will use implication to circumvent it or just break the rules anyway.

I think I have demonstrated enough that long term class warfare is not the only pressure on capitalist’s minds, they have other pressures like profit, credibility, legitimacy (especially important in the awards shows like the Emmy’s and etc, for which explains why they might choose anti-capitalist art like Parasite) as well as trying to keep on top of short term class warfare (unionizing), and that a commodity being made for profit is not always in capitalist’s interests by default. I believe instead of acting as a body, these people act as if they are in a market, because… they are, they are in one.

Yes, capitalists have convergent interests with each other, but we cannot assume all their behaviour is defined by their identity as a capitalist. Furthermore, this sort of assumption, that socialist agitprop always results in cheapening by commodification happens in all cases (as opposed in just certain cases like a Che Guevara shirt which has lost essentially all of its meaning) runs somewhat counter to Vaush’s previous ideas around producing prosperous socialists and advocating for socialists to be in positions of power or influence or to be landlords or capitalists (who allow unions of course).

(About what I am about to say: I realise Vaush said on his video that there is “nothing wrong” with making anti-capitalist media, however, regardless of moral impunity or not, this belief could act as a disincentive regardless)

Because if there were a socialist creator in a capitalist workplace, why would they want to produce anti-capitalist mass media if they were convinced this would be an act of preserving capitalism? Even if we could take it for granted that all capitalist-created media creates socdems and therefore reinforces capitalism. Would it not be better to produce left leaning socdem people from an anti-capitalist film than it would be to have a piece of art which doesn’t attempt to challenge, criticise, or raise any sort of issue that we care a lot about? Additionally, this theory doesn’t take in to account that the anti-capitalist can convince capitalists to publish their anti-capitalist art.

Because the capitalists aren’t constantly thinking of long-term class warfare.

In fact, this confidence in the assertion that anti-capitalist art cannot end capitalism could feed in to the confidence of the capitalist that they can safely produce anti-capitalist art.

It seems obvious to me that we would want anti-capitalist media way more, even if it reinforced capitalism despite what the theory says. Yes, people can try to replace activism with consumption, but that would be a problem regardless of if you had anti-capitalist media being recouped. Excessive consumption of theory, as in going over it again and again, say in an insular book club which never does any activism or planning, could also be considered a form of replacing activism with consumption, and may be no less detrimental than anti-capitalist blockbuster, which even has a chance of floating the boat of new ideas to the audience.

To not push for even commodified good-represented anti-capitalism strikes me as shooting ourselves in the foot.

Finally, lets look at this assertion: “Show me any revolution in history motivated by a triple A blockbuster.” It’s fortuitous that he brought up the Hunger Games, because that series of triple a block buster's symbols have actually been used to rally mass civil disobedience before, and according to Wikipedia this event is locally called the “Spring Revolution.” And this happened in Burma/Myanmar. The Three Fingers used as a sign of rebellion in the triple A movies have been used by real world resistance to the military coup there in early 2021. (https://www.abc.net.au/news/2021-02-05/myanmar-blocks-facebook-as-resistance-grows-to-military-coup/13124148)

I apologize for my example being less socialist than imagined but he did not specify socialist revolution. Still, I believe the will to change a system or government can be applied with some flexibility, similar situations that produce sentiment to oppose an oppressive regime might also produce anti-capitalist sentiments too. There might be even two types of people who are living in the same sort of event, one reacts to the oppressive regime to want liberalism and the other wants socialism.

This highlights another problem with the Fisher theory as applied here is it is far too focused on one corner of the world. One thing which is revolutionary in one country or context, can be mundane in others – like healthcare in Europe v USA. A film suppressed in the USA might be smuggled out and proliferated abroad, like the indie film Salt of the Earth, from the 50s, which is pretty low budget film but still proof of this concept. https://www.imdb.com/title/tt0047443/?ref_=ttls_li_tt

Lastly, it would seem preposterous to suggest the parasocial contact hypothesis, which is widely widely supported by sociologists and which is the reason representation matters because it can actively normalise and destigmatize certain types of people, does not work when applied to destigmatize unionizing, the working class and working class struggles. Anyone who believes even a well-created anti-capitalist movie would not have some statistically significant effect on the audience in their sympathies to the working class, would have to explain why the parasocial contact hypothesis works for queer people, black people, women, trans people, etcetera but would not also affect working class people if shown sympathetically.

In conclusion:

• The Bourgeoisie are not a hive mind and actually have different incentives and competing interests.

• Capitalists are not always mastermind planners and some are just following short term profits.

• Anti-capitalist art which tries to send a message (when it is not just a cheap design) can actually make a difference. (But to Grimes: She can fuck right off with that performative photoshoot.)

• Vague gestures in the Hunger Games in the USA can be revolutionary in Burma.

• And theory is not always correct in all circumstances, should be challenged and corroborated by interdisciplinary evidence and should not be treated as dogma!

Thank you for coming to my TED talk.

(Hi r/VaushV, I moved this on to the reddit from the discord so it was easier to see!)

To celebrate SatoshiStreetBets hitting half a million members we are giving away $500 worth of Bitcoin to one lucky commenter in this topic (provably fair and random)!

Hey gang!

Wow. We hit half a million subs! Obligatory rocket emoji: 🚀

It's been an amazing journey that started from the humble origins of a small, motley band of hardened regulars looking for shitcoins to YOLO their life savings into and look at us now! Across Reddit, Twitter, Discord and Telegram we've now topped 750k members and we'll be rallying everyone to get behind some special events we have lined up in the weeks ahead!

To celebrate, we wanted to give something back as a small thank you to all the people who help make SSB great (that's you guys 😉)

Rules:

1. Giveaway ends in exactly 48 hours!
2. To take part all you have to do is leave a comment. A follow on our Telegram channel for SSB's own crypto SatoshiSwap coming out this month is also appreciated but not necessary!
3. One person will be chosen randomly to receive the $500 worth of Bitcoin (which if they're a true ape they will HODL onto until it becomes worth $5000 💎🙌).
4. It's just a bit fun! If people try to spam the topic with comments to increase their chances of being chosen they'll be disqualified!

Provably fair selection:

We'll take the closest Bitcoin Blockhash exactly 48 hours from the time this topic was created and use it as a seed in this random number generator: https://www.stat.berkeley.edu/~stark/Java/Html/sha256Rand.htm. We'll then ask it to pick a number between 1 and the number of comments at the time this topic is locked. This can be replicated by anyone else using the same random seed.

Note - the prize will be given out on a "best effort" basis to be random, if any error is made there wont be any appeal process.

Feel free to comment about any coins in this topic!

https://i.redd.it/ugq7oezyzkx71.gif

Cheers!

Chainlink (LINK) In Practice

Some smart contracts require data from off-chain to be transferred to the blockchain. Learn how Chainlink’s blockchain-agnostic oracle is helping to overcome the data gap.

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Chainlink (LINK) In Practice

Summary

Chainlink connects to external data sources that feed data into blockchain smart contracts in an efficient, dependable, and secure manner. Chainlink has benefited from a number of big partnerships and interesting developments because many experts believe it is a feasible solution to the “oracle problem.”

Learn how Chainlink functions as a decentralized oracle network for smart contracts.

Contents

• Chainlink’s Enterprise Applicability
• What Is Chainlink’s Real World Use Case?
• Chainlink Partnerships and Community Growth

Chainlink’s Enterprise Applicability

Chainlink is a decentralized oracle network for smart contracts that require secure and dependable links to real-world data outside of the blockchain network.

Because smart contracts can be built on a variety of blockchain platforms, Chainlink is fundamentally blockchain-agnostic — that is, it does not prefer one blockchain over another and does not include any features that make it easier for developers to create only on one.

Chainlink was first designed to connect to the blockchains of Bitcoin, HyperLedger, and Ethereum because they already had a lot of support and integration with significant organizations and institutions.

The Ethereum blockchain is also widely regarded as the current gold standard for programmability, which is critical for smart contract creation (one of the key areas where oracles provide value to a blockchain). Chainlink is still working on external adaptors to help with interoperability with other blockchains.

>>The Best Bitcoin and Cryptocurrency Exchange Guide<<

Parallel to this, Chainlink is expanding its capability to allow it to integrate with a wider range of data sources by becoming more compatible with an increasing number of application programming interfaces (APIs) that represent real-world data streams.

To make an existing API Chainlink-friendly, only a small bit of coding is required. An API can supply data to smart contract queries through Chainlink’s oracle system once it has been tuned for Chainlink.

Chainlink’s specialized adapters have been developed to be simple to set up in any programming language, making data sources more accessible.

On both the client and data provider sides, Chainlink provides extensive help and resources for software developers.

Chainlink hopes to make it simple for smart contract developers to connect with APIs they already know, as well as enable new revenue streams for data suppliers, who can earn money from smart contract requests once their APIs are Chainlink-compatible. Data suppliers can sell their services to projects on any blockchain network since Chainlink is blockchain agnostic.

Overall, Chainlink plays an important role in establishing and sustaining effective relationships between smart contract developers and the data they require.

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What Is Chainlink’s Real World Use Case?

Chainlink continues to accelerate the development of smart contract use cases by simplifying how smart contracts securely interface with external data.

This broadens and deepens the whole blockchain ecosystem’s breadth and depth of real-world applicability. In other words, smart contract developers may focus their efforts on creating effective smart contracts, knowing that Chainlink has already provided them with a dependable and secure data transport mechanism.

To execute a buy order, a smart contract, for example, needs to know the market price of a digital asset. Chainlink’s decentralized oracle network gathers data from a variety of sources and synthesizes it to deliver far more reliable data than a single, centralized oracle could.

Traders can more correctly estimate risk and reliably measure profit and loss as a result of having access to high-accuracy price data. Chainlink has already created external adaptors for a number of bitcoin market price suppliers, thanks to its increasing network of reliable APIs and data providers (including CoinMarketCap, Crypto Compare, Brave New Coin, and more).

Chainlink’s oracles supply some of the industry’s most precise and dependable crypto price data.

Chainlink also aspires to provide safe, high-quality data to smart contracts that manage payment infrastructure.

Smart contracts can use Chainlink oracles to connect to traditional banking institutions and integrate traditional banking data (such as consumer bank accounts, direct deposit information, SWIFT international payment standards, and more) into their structure.

In addition, Chainlink is working hard to assist existing payment networks in implementing smart contract technologies. External adaptors for PayPal and MisterTango, for example, are currently available for Chainlink and are simple for smart contract writers to integrate into apps that require interaction with these two payment networks.

Insurance claims, data storage, enterprise IT infrastructure, supply chain management, identity identification and other security measures, regulated gambling, and government uses such as voting or property registries can all benefit from blockchain-based smart contract technology.

The use cases listed here are not all-inclusive. Overall, Chainlink facilitates the implementation of a wide range of smart contract use cases.

Another example would be lotteries. Verifiably random number systems (which demonstrate that a number was not chosen in bad faith) can be used for a variety of purposes, including blockchain-based lottery games. In traditional lotteries, the lottery operator must be trusted to stay transparent and not cheat or tamper with the final result.

A decentralized blockchain lottery eliminates the element of trust and creates an incorruptible system by employing provably random numbers.

Chainlink provides a verifiable random function for generating random numbers (VRF). Smart contracts that want to demonstrate that they use random number generation can do so with ease utilizing Chainlink’s VRF.

Non-fungible tokens (NFTs), such as those based on the ERC-721 standard, also require random numbers to be created. NFTs allow for the creation of one-of-a-kind collectible items, with the origin and uniqueness of each being cryptographically documented on the blockchain.

NFTs are widely used to indicate ownership of tangible real-world assets (such as land) or distinct digital assets because they are unique and non-interchangeable (such as digital art).

Random numbers and NFTs also have applications in the increasingly large blockchain-based video gaming and e-sports industry.

Random numbers can be used to create unique NFT-based rewards, and can also help generate unpredictable in-game scenarios. Chainlink makes the randomized creation of NFTs simple and reliable with its sophisticated VRF capability.

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Chainlink Partnerships and Community Growth

Chainlink offers a grant program for innovative smart contract applications and research ideas, with grants ranging from $50,000 to $100,000 USD available for continuous development of integrations that support the Chainlink oracle ecosystem. Ongoing requests for proposals can be made directly to Chainlink.

Solana was the first of many Chainlink Community Grant Program grant recipients.

Solana was awarded a grant to integrate Chainlink oracles with the Solana blockchain platform, thereby broadening Chainlink’s usability for application developers and advancing Chainlink’s objective of being a platform-agnostic service.

Solana uses a one-of-a-kind Proof-of-History (PoH) consensus mechanism to produce a lightning-fast blockchain that can handle up to 50,000 transactions per second.

Solana teamed with Chainlink to develop an extraordinarily fast pricing oracle that can give price data for digital assets in less than half a second, in order to match its throughput.

Chainlink also sponsors community events like hackathons, which put developers’ talents to the test in a competition atmosphere, and award-winning developers with funds to help them continue their work. The victors of the 2020 virtual hackathon used an external adaptor to connect a Tesla Vehicle API to a Chainlink oracle, resulting in a peer-to-peer rental software that employs smart contracts to facilitate agreements between owners and renters.

This is only one example of a smart contract implementation that enables a new business model by connecting a blockchain-based application to external, real-world data utilizing Chainlink oracles.

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