Saturday, March 12, 2022

StellarCannacoin: Let's Talk!

It's 4 a.m in here and I felt like talking about a few things :D

Remember when Bitcoin was this obscure thing known by very few people and solely discussed on unknown geeky forums? That's the early days any cryptocurrency goes through, and if you look up the charts, you'd see that it's more like a "hockey stick" kind of chart: price goes up slightly for a period (with lots of red & greens as the price is volatile) and then it reaches "that moment", I can't pinpoint what's exactly is "the moment" but it's when an event causes a mass adoption in a short period of time, resulting in a high price jump & at that point usually the liquidity is enough to stabilize trades.

We're at that stage! We're barely 100 days old, we have relatively decent (but in no way enough) trustlines & our whole liquidity pool (link) got only $5,600 locked, so few millions dumped can cause the price to go quite low!) . [This is a call to add to the liquidity if you believe in our project & want to help it and at the same time earn a fee for each transaction! here's a step-by-step video explaining how to add liquidity to our pool (link)]

Despite being new, we are about to hit 1 Million Market Cap again (cuz yes! we did hit over $1.3 M for some time!) . We can easily reach $100M market cap if we play our cards right!

We managed to launch projects other cryptocurrencies (way older than us) would never dream of making! Here are some projects we launched & are used by hundreds daily:

  1. A Reddit Tip Bot where users can tip others using StellarCannacoin instantly & directly (using !canna command). Our Tip Bot serves as a wallet anyone can register to get an address (But please don't treat our bot as your main wallet! Remember; Not Your Keys, Not Your Wallet!). We currently operate on +7 different cannabis-related subreddits and our bot manages hundreds of transactions daily!
  2. A WordPress widget (StellarCanna Munchies) that allows you to receive donations (StellarCannacoin & XLM-assets): We don't ask for any keys, Just paste your address & our widget will generate a QR code for donations. We launched this widget a week ago, and it's an easy-to-use tool dedicated to Cannabis & CBD e-commerce websites.
  3. The Highest Paying Faucet (out of any existing crypto faucet!): No Ads, No Shortlinks, No Referrals and goes directly & instantly to your wallet! you only have to add "Cannacoin" as an asset on your wallet (I use LOBSTR wallet) and you'll be eligible to use the faucet. It sends about $0.04 (at its ATH) to any address daily.
  4. A Discord Faucet bot (Sends $0.03-$0.05 daily at its ATH) [You register your address, comment "puff" and it'll be sent instantly to your wallet]
  5. A Discord Tip Bot (BETA): you can tip other members, organize or participate in giveaways & get rewarded for being active on the server.

We're working on a QR-based reward "gift cards" tool for Cannabis-related businesses/ dispensaries as well as a payment gateway that supports our token (StellarCanna) & a bunch of other projects to be deployed in the upcoming weeks & months! We did all that and we're just 100 days old, imagine how big we will be in a year?

One more thing, We have a 5.20 B locked supply; as of now, with the help of our faucets, our reddit tip bot & the launch of our Discord Bot along with the various events & contests we're organizing (we promise at least 2 contests/events every week) we're getting a better vision of the distribution process, STILL, we are reaching to you, fellow cannaheads, to propose any idea on how to help with the distribution (be it a coding project, a partnership or anything really! We will execute & fund your idea as well as reward you!)

If you believe in the potential of the project, now is your golden time to buy more & hold!

Sorry if I came short when addressing anything, please ask me anything and I'll do my best to give you a no-BS answer.

Cheers!


2022-03-12 - Reverze 2022 | DOWNLOAD

2022-03-12 - Reverze 2022 | DOWNLOAD
Single sets can be downloaded via a torrent client.
The source of the rip for 'Reverze 2022' is their YouTube Stream.

The sheet with the sets can be found here:
https://docs.google.com/spreadsheets/d/1X5CEJHctYGBVR5w9AhPgYRYXZKEtJEZEMEwxA5M72N0/

If you use BitTorrent or μTorrent, shame on you. Get a good torrent client like qBittorrent or Deluge, they do not include advertisements and work as well, if not better.

How to download with qBittorrent
a less than 1 minute tutorial on how to download a liveset if do you do not have qBittorrent yet!
Use the pause button if it goes too fast ;)

To copy a link from the spreadsheet use 'CTRL+C' or any other equivalent for your OS.
You can also add all the livesets at once Example

Note: If you have issues with the download not starting, you can add my seedbox as a peer manually: 188.209.56.15:20117

Quick tutorial on how to do this Click me


If you are a DJ/Producer/Manager/Event Organisator and wish to have set(s) deleted, please reach out to me in DMs and I'll remove it/them.
I will ask you verify your identity or affiliation with the DJ/Producer/Manager/Event Organisator. This will be done by, for example, proving ownership of an Instagram account, or sending an email from the company email.


NFTs have so much use cases aside from art and it is pretty infuriating that ignorant people who don't understand its potential uses call the entire space a "pyramid scheme".

For those who do not know what an NFT is, it can be simply described as a digital token that is stored in the blockchain. It is also Non-fungable, meaning that it is not interchangeable with other NFTs, unlike Bitcoin or Monero, as 1 BTC will always be equal to 1 BTC, same with Monero.

And to people who will say that NFTs are nothing more than a bubble(or the entire crypto ecosystem for that matter), yes the current art market for NFTs are most likely a bubble and more than 90 percent of those "projects" will either crash or turn out to be scams. These things are not what I am interested in. I am interested in its practical applications.

Now, onto the potential use cases for it.

It can be used for:

1 - Event ticketing, making counterfeiting tickets impossible, as when exactly each NFT was sold would be traceable in the blockchain, ensuring that only those that purchased it before a specific date could attend an event.

2 - Real estate and cars. This would help in avoiding all the red tape of taxation, as when you purchase an NFT, it would automatically pay it's taxes to the authorities, ensuring that buying real estate would be as easy as buying the JPEG of a monkey.

3 - Going into debt to fund a business in a decentralized way that also avoids major institutions like banks, as some actions that banks would take a fee off can be handled by the smart contract. For example, you create a collection of 10.000 NFTs, each selling from a price of 100. You ensure by the smart contract that it will buy back these NFTs exactly 1 year later for 107 dollars, if it has the capital. All this means that you took a loan with 7 percent interest rate not from a bank, but from the average individual who might have risked only 100 dollars.

4 - Preventing naked short selling. Naked short selling occurs when a group of investors short stock that doesn't exist. This is suspected to have happened during the GME saga. Each and every single stock being traceable in the blockchain would ensure that no activities such as this can take place.

There are many other practical uses for NFTs that I can't think of right now, but I will post on reddit once I find out about them.

I will have a look in the morning, as I will be going to sleep now.

I tried posting the exact same text on r/unpopularopinion before posting here, it got deleted from r/unpopularopinion because it had NFT in it. This just proves the point I am making in my post LOL.


NYT article today. Soft paywall, so key parts.

https://www.nytimes.com/2022/03/11/technology/bitcoin-ukraine-russia-roose.html?action=click&module=Well&pgtype=Homepage&section=Business

One possibility is that crypto is still too confusing and too difficult for normal people to use, especially during a war. Internet access is spotty in many parts of Ukraine, and reports have suggested that even the country’s elites are struggling to convert their assets into crypto.

Another possibility, popular among skeptics of Bitcoin and other cryptocurrencies, is that Bitcoin is still too volatile to be useful as a hedge against economic and political instability. .............................

“The Bitcoin and crypto communities have been selling a false narrative all these years that Bitcoin is supposed to be a safe haven from the traditional financial markets,” said Jimmy Nguyen, the president of the Bitcoin Association, a cryptocurrency trade group. (His group promotes a Bitcoin spinoff, Bitcoin SV, that sees itself as a more useful version of the cryptocurrency.)

Bitcoin is doomed, Mr. Nguyen argues, because it can be slow and expensive to process transactions, making it less useful for paying for things. “And so a lot of Bitcoin supporters have had to come up with this argument that it’s meant to be a reserve asset,” he said.

Kevin Werbach, a professor of legal studies and business ethics at the Wharton School at the University of Pennsylvania, floated a different theory. Bitcoin’s earliest and most vocal adopters, he said, tended to be libertarians who saw cryptocurrency as a kind of insurance policy against hyperinflation and government corruption. But the more recent price swings in the crypto markets attracted a surge of speculators who viewed Bitcoin and other cryptocurrencies mainly as investments, and cared less about their political implications.

“There’s a tremendous amount of rhetoric around Bitcoin in particular that suggests that it’s predominantly a means of escaping from the government-issued fiat currency system,” he said. “And yet most of the activity, according to basically every rigorous study that’s been done, is predominantly people speculating.” ...........................

Another possible explanation for Bitcoin’s underperformance, which was floated by Joe Weisenthal at Bloomberg, is that chaos cuts both ways, and that the same events that could be seen as “good for Bitcoin” in the short term — inflation, sanctions, geopolitical conflict — could also be bad for Bitcoin over the long term, since they could draw the attention of regulators.


Craking events in current Crypto Market || TELUGU || #bitcoin #eth #crypto #metaverse #web3 #bnb

https://coinmarketdo.com/web3-crypto/craking-events-in-current-crypto-market-telugu-bitcoin-eth-crypto-metaverse-web3-bnb/