Decentralize Your Life - #549
Let’s go on a comprehensive journey beyond the scope of a traditional guide into a decentralized lifestyle transformation. Ready to reclaim the life you unknowingly let slip away, both online and offline? Here's your blueprint!
We cover the BRICS gold-backed currency, stablecoins, and WorldCoin. We deeply dive into core principles behind decentralization, like freedom, privacy, anonymity, decentralization, financial independence, and security. This isn't a one-size-fits-all approach but a spectrum that you can adopt to fit your comfort level and lifestyle.
Here's a sneak peek at what we're exploring:
🔒 Cybersecurity: Master the art of password management, strengthen your email security, and navigate a variety of security and privacy services. We’ll examine tools like DashLane, passwordmeter.com, and more!
👥 Understanding Social Engineering: Protect yourself from the rampant "hacks" that are actually cleverly disguised social engineering tactics.
🎭 Account Creation & Internet Usage: Learn how to create new accounts while maintaining your privacy and optimizing your internet usage for safety.
💰 Finance: Get insights into managing your Fiat and cryptocurrency accounts, and learn about alternative spending methods. We'll talk about precious metals, Bitcoin ATMs, and digital cash cryptocurrencies like Dash, BCH, and LTC.
🌐 Decentralization: From backup phones to offshore finance, emergency supplies to real estate investing, we’re covering all aspects of decentralization.
This video aims to equip you with knowledge and tools to gain better control over your digital and real-world existence. But remember, these measures exist on a spectrum; adopt what makes sense for you.
Timestamps:
Intro (0:00)
Stablecoin Refresher On USDT & USDC (2:51)
What is WorldCoin? (8:05)
Are their claims accurate? (12:43)
How to manage your passwords (18:00)
Using encrypted messaging platforms (23:34)
How to avoid social engineering (25:53)
What to do if you want to really go all the way (31:31)
How to diversify your wealth (37:15)
Platforms I'm currently using (41:55)
👥 Support Me & Follow Me Elsewhere 👥
👉 http://www.scottcbusiness.com
This was sponsored by ApexOne. You can sign up for ApexOne.AI via my link here: https://apexone.ai/en/invite/RQZXYCNBVS #Apexoneai #Apexone #Apex
#KYC #CryptoSecurity #Cryptocurrency #Blockchain #Crypto #DecentralizedFinance #DeFi #BlockchainTechnology
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Investing in Crypto The Safe Way
There are three ways to invest:
💰 The wrong way
💰 The right way
💰 The decentralized way
In this reel, I cover the right and wrong ways. So buckle up, and let's navigate the complex yet exciting world of #crypto investing together.
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Bank Reserves Could Hold 2% BTC in 2025
🔥 Top banks + Bitcoin? Imagine the results from a $91B infusion 💰💼 Could a 2% bank reserve in BTC ignite a crypto revolution and spark a supply crisis in 2025? #Bitcoin #Finance #CryptoRevolution
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The Failure Of Centralized Crypto Exchanges - #548
Welcome to today's episode, where we'll dive into the world of cryptocurrency exchanges. We'll tackle the controversy surrounding centralized exchanges and KYC procedures, highlighting the infamous MtGox hack and the Binance scandal. Learn why these might not be the best route for your crypto journey and the pitfalls to avoid.
But it's not all doom and gloom. We'll also explore the opportunities within decentralized and swap exchanges, my top picks for your investment journey. I'll also share alternative, decentralized methods for buying crypto. Remember, not all exchanges operate globally, so always do your research. Let's navigate this fascinating world of crypto together, keeping it decentralized!
This was sponsored by ApexOne. You can sign up for ApexOne.AI via my link here: https://apexone.ai/en/invite/RQZXYCNBVS #Apexoneai #Apexone #Apex
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CBDCs and the Bank Of International Settlements - #547
I'm back in the form of audio with a fresh episode of Tech and Things. This time, we're unraveling the enigmatic world of Central Bank Digital Currencies, aka CBDCs, and the Bank of International Settlements (BIS). We'll wade through the murky waters of global CBDCs, looking at their revolutionary potential and the storm of concerns surrounding them.
Join me as I guide you through the labyrinth of blockchain's impact on social media and offer a final sneak peek into the intricacies of my own crypto portfolio and investment journey. We'll also dive headfirst into the deep end of the latest BIS report on CBDCs, shining a light on the brave new world of physical asset tokenization and its tangled ties with privacy and freedom. It's time for a mind-expanding journey through the digital landscape!
Chapter Summary:
Intro (0:00)
Sponsor: ApexOne.AI (2:18)
What’s the focus of the podcast? (4:06)
Initial thoughts on Threads (6:45)
How I’m using social media. (11:31)
Banks allowed to hold up to 2% of Crypto (13:57)
Global CBDC Tracking Map (16:14)
Banks and Cryptocurrency (20:43)
What are the pros and cons of having one financial system? (22:30)
Bank of International Settlements report (24:39)
Sponsor: ApexOne.Ai #2 (28:20)
Outro (28:36)
You can sign up for ApexOne.AI via my link here: https://apexone.ai/en/invite/RQZXYCNBVS
*Disclaimer: This is not financial advice and is purely for entertainment purposes. What you see, hear, or read is my personal opinion, and any statements made are based on my views and should not be misconstrued as fact. My crypto portfolio may or may not be simulated*
👥 Support Me & Follow Me Elsewhere 👥
👉 http://www.scottcbusiness.com
This was sponsored by ApexOne. You can sign up for ApexOne.AI via my link here: https://apexone.ai/en/invite/RQZXYCNBVS #Apexoneai #Apexone #Apex
#ScottCunningham #TechAndThings #CBDCs #BIS #BRICSCurrency #BlockchainSocialMedia #CryptoPortfolio #InvestmentJourney #BISReport #AssetTokenization #DigitalPrivacy #DigitalFreedom #CryptoInsights #TechTrends
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What Are The Best Crypto Tax Reporting Platforms?
Doing your taxes normally can be very overwhelming and when you bring crypto into the mix, it can get much more confusing. To avoid that confusion, I go through 9 reporting software services and then share with you what I found to be the best and the cheapest.
The main features you want to look for are:
• They charge you based on the transactions, not per tax year. If you are going back several years, this will be outrageously expensive.
• Ideally you want a platform that you can easily import a CSV or connect to an exchange API without having to add everything manually into a CSV import template.
• Ideally you want a platform that aids you with tax loss harvesting.
• Ideally you want a platform that helps you track fees and includes them as capital losses incurred.
• Ensure it covers any lesser-known exchanges you might use or that those transactions can be easily uploaded.
• Ensure your country is included in its reporting system.
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Amateur Investing & Crypto Earnings Report #34
Here are the 11 blockchain social platforms I used to earn $100.13 CAD worth of crypto in September as well as some insights. I’ll be doing my investing & earnings reports all at the same time now.
This is my 546th episode/article. I put a great deal of work into this content so if you find it valuable, please do like, share, comment and subscribe!
Budgeting 2022 Spreadsheet Template Link: https://mega.nz/file/ATx3iAza#ZUhllHs4YZjMMjtC1FyN_Qhkkwmy-P98UxXqsVj8xS4 or https://bit.ly/templatebudgetting
My total alleged crypto social media income earnings are now up to just over $40,006 CAD not including crypto appreciation after originally receiving the payouts.
September Earnings:
Publish0x – 5.88 AMPL and 0.0041 ETH earned from post rewards for a total of $16.42 CAD.
Brave Browser – 14.16 BAT from ad rewards and from creator donations for a total of $6.07 CAD.
LBRY/Odysee – 107 LBC from user earnings, content earnings, etc. for a total of $3.09 CAD
Hive – 5.37 Hive and 2.80 HBD. That’s a total of $ 7.47 CAD from post rewards.
Cos.TV – 528.24 COS earned from post rewards for a total of $4.37 CAD.
Read.Cash & Noise.Cash – 0.18 BCH earned from post rewards for a total of $29.54 CAD.
DTube – 42.16 DTC earned from post rewards for a total of $5.31 CAD.
YouTube - $19.29 CAD earned from monetization.
Blurt – 1200 BLURT earned from post rewards for a total of $7.48 CAD.
Serey – 603 SRY earned from post rewards for a total of $1.09 CAD.
The grand total came to $100.13 CAD which is about $73.10 USD.
September Earnings Insights:
I earned more than I did in August which is good, but my earnings are still well below previous months. I also expect October to be lower given I’ve only posted 3-4 posts in October even though I did share more posts of me doing Actifit. I will take accountability and say that it’s largely due to my lack of content. I don’t expect this trend to change radically given that I’m getting less and less time to be able to work on content too.
There haven’t been any notable changes for these platforms and I don’t expect to see any dramatic changes in the near future either. The next big milestone will be the ETH Surge phase being implemented and seeing how gas fees affect various Ethereum based social platforms.
September Amateur Investing Report:
I am making an average of $155.17 a month from passive income from stock dividends, crypto income, and some from music royalties.
My portfolio is roughly rounded to about 68% crypto, 7% stocks, 3% in precious metals, and 23% in liquid fiat cash. My total annual projected income from passive sources is $1864.89. $493.09 of those yearly profits come from stock dividends and about $1,368.98 comes from cryptocurrency staking.
In my last update, my total portfolio value was $171,315 CAD. My current portfolio value with all my investments is $187,441. This is up about $16,126. It’s nice to see the crypto market starting to recover again, but I’m not jumping for joy yet. I think with Ethereum’s Surge upgrade around the corner, we have a bullish future, but only time will tell.
I earned $29.43 CAD from stock dividends and $75.84 CAD from the staking ATOM, HBD, and TRX. Going forward, I won’t be earning any TRX and I will be aiming to earn more Blurt & Steem passively. In total, I have earned about $1,395 CAD from crypto and $2,138 CAD from stock dividends.
My portfolio in terms of stock sector breakdown is 96% into general high dividend Canadian ETFs broken down into 45% in VDY, 28% in FCCD, and 28% in XEI for passive dividend income. I also now have 2% in Purpose’s Bitcoin ETF – BTCC and 2% in Purpose’s Ethereum ETF – ETHH.
September Amateur Investing Insights
I’m focused mainly on just stacking up my staked crypto and slowly reentering the stock market. I’ve started to put some money into Bitcoin and Ethereum ETFs as well. For my staked crypto I’ve focused lately on upping my DTube, Hive, Steem, and Blurt holdings to try and boost my earnings on those platforms as well as earn some passive income.
The biggest change I’ve made is I dropped all my Tron since the APY was dropping and I’m always going back and forth over do I want to invest in it because it generally holds its value, but also the APY is declining and Justin Sun is a terrible leader for Tron. I split it into Blurt, Steem, and Hive. I then spent some of the Hive on Actifit AFIT and AFITX tokens. I want to invest a bit more into my social networks and put more effort in so this is me doing that.
What are your income goals? Are you using any of the platforms I shared above? Is this useful and or encouraging for you? Would you like to see these reports every single month to get a better insight into crypto social profitability? Let me know what you think about this in the comments below and don’t forget to subscribe!
*Disclaimer: This is not financial advice and is purely for entertainment purposes. What you see, hear, or read is my personal opinion, and any statements made are based on my views and should not be misconstrued as fact. My crypto portfolio may or may not be simulated*
👥 Support Me & Follow Me Elsewhere 👥
👉 http://www.scottcbusiness.com
Ask questions in my Telegram: https://t.me/cryptoandthings
You can find all my cryptocurrency addresses on https://cointr.ee/scottcbusiness
You can find all of my referral links here: https://linktr.ee/scottcbusiness
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Save Money: How To Budget In 2022
Investing and saving are only 2 pieces of a larger puzzle to get ahead in 2022. Budgeting is a very important and overlooked strategy that most do not utilize. As the saying goes, you cannot improve what you do not track.
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Is Crypto Becoming Centralized?
Centralization is always a concern, but how do you stop it in crypto if it means mass adoption? The only tool we have is education. Let’s talk about the many ways the crypto industry is being centralized and what to do instead.
5
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1
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Comprehensive Crypto & Blockchain Social Media Platforms Review VI
This is my sixth comprehensive review of blockchain social media platforms meant to give you the most thorough resource and reference for finding the next best platforms to use! In this review, I cover about 223 social media platforms that either are integrated with a blockchain to some degree, have crypto-monetized rewards, or at the very least promote free speech and are distributed or decentralized in some way.
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Staking Crypto – Amateur Investing #29
Time for another update on my investment portfolio and my passive income journey. In this episode, I cover my regular monthly update sharing what I invest in and why. This is amateur investing at its finest!
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Blockchain Social & Crypto Earnings Report #33
You want to take full advantage of the social platforms out there that use blockchain technology or have crypto monetization. Here are the 11 platforms I used to earn $85.26 CAD worth of fiat & crypto in August as well as some insights.
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Airdrop Alert: How To Claim & Sell Your ETHW
Now that the merge is completed are ETH is on the way to the next phase we still have ETHW to worry about. This covers how to claim and sell your ETHW or proof of work Ethereum
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The Ethereum Merge And Misconceptions Explained
There’s a lot of misconceptions about the ETH Merge. Let’s talk about them and share exactly what has changed and what the future holds.
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Trending Up - Amateur Investing #28
Time for another update on my investment portfolio and my passive income journey. In this episode, I cover my regular monthly update sharing what I invest in and why. This is amateur investing at its finest!
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Blockchain Social & Crypto Earnings Report #32
You want to take full advantage of the social platforms out there that use blockchain technology or have crypto monetization. Here are the 12 platforms I used to earn $230.22 CAD worth of fiat & crypto in July as well as some insights.
This is my 537th episode/article. I put a great deal of work into this content so if you find it valuable, please do like, share, comment and subscribe!
My total alleged crypto social media income earnings are now up to just over $39,821 CAD not including crypto appreciation after originally receiving the payouts.
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What’s The Best Stablecoins - Stablecoins Part 5
The question we aim to answer today is, out of all of the stablecoins, which are the best? We’ll cover them all briefly and explain the pros and cons of each.
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What Are CBDCs & The Future Of Stablecoins - Stablecoins Part 4
The question we aim to answer today is how safe and stable are stablecoins? We will be covering Central Bank Digital Currencies or CBDCs and the future of stablecoins in this episode.
We will get into the future of stablecoins, the concerns around them, what Central Bank Digital Currencies or CBDCs are, and how they could impact crypto
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How Safe Are Stablecoins Part 3 – Crypto & Commodity Collateralized Coins
The question we aim to answer is how safe and stable are stablecoins? We will be covering crypto and commodity backed stablecoins in this episode. Are stablecoins backed by cryptocurrencies or gold any better than fiat or algorithmic stablecoins?
Well, the answer depends on what you want. If you are looking for something pegged to the dollar, you may have a better time with fiat backed stablecoins. If you want to stay in the realm of crypto but you want a coin that’s more stable to use for buying things, a crypto collateralized coin like DAI may be a good option for you. If you want something backed by a commodity and simply want exposure in crypto to real world assets like gold, you can invest in something like PAXG or XAUT.
Do you hold any crypto collateralized or commodity backed stablecoins? Do you trust that they are backed 100%? Do you trust any of these entities? Let me know what you think about this in the comments below and don’t forget to subscribe!
*Disclaimer: This is not financial advice and is purely for entertainment purposes. What you see, hear, or read is my personal opinion, and any statements made are based on my views and should not be misconstrued as fact. My crypto portfolio may or may not be simulated*
👥 Support Me & Follow Me Elsewhere 👥
👉 http://www.scottcbusiness.com
Ask questions in my Telegram: https://t.me/cryptoandthings
You can find all my cryptocurrency addresses on https://cointr.ee/scottcbusiness
You can find all of my referral links here: https://linktr.ee/scottcbusiness
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Blockchain Social & Crypto Earnings Report #31
You want to take full advantage of the social platforms out there that use blockchain technology or have crypto monetization. Here are the 12 platforms I used to earn $142.85 CAD worth of fiat & crypto in June as well as some insights.
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Fiat Is Trending To 0 – You MUST Invest
Fiat is trending towards 0, and our buying power is going away faster and faster. The only way to get ahead is to invest. Let’s talk about beating inflation, what inflation is, and where crypto comes into play.
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Banks Can Hold BTC & ETH 2.0 Is Coming Soon
Banks can hold up to 1% of their reserves in BTC and ETH 2.0 is scheduled to merge on September 19th. Let’s discuss the two biggest catalysts for the next crypto bull market.
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Centralized Crypto Lending Platforms Are Going Bankrupt
Centralized crypto lending platforms are going bankrupt left and right. I want to discuss who I think is next, who will survive, and if there’s something sketchy going on as crypto lenders seemingly begin to form a monopoly.
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The Reliability Of Legacy & Centralized Finance
After one of Canada’s largest internet providers went down for more than 12 hours, our financial and telecommunications were tested and did very poorly while crypto was working just fine. How reliable is a centralized legacy financial system?
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The Centralization Of NFTs - KYC & Withdrawals
I’ve noticed a growing trend that more NFT marketplaces are centralized, require KYC, and in multiple cases don’t even allow withdrawals. Let’s talk about a few examples of this growing problem for the NFT space.
Here’s some red flags to watch for: KYC required to trade NFTs, transactions aren’t on-chain, NFTs aren’t stored in your own wallet, withdrawal limitations, and restrictions, and any other obstacles preventing you from trading or owning NFTs in a decentralized way.
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