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WHY I SOLD MY ETHEREUM - HINT: WORLD ECONOMIC FORUM
WHY I SOLD MY ETHEREUM - HINT: WORLD ECONOMIC FORUM
Welcome to another episode of Silver Stones!
In this episode, Joran shares his reasons for selling all his Ethereum recently after learning some information.
Why I sold my Ethereum:
-Centralized. ETH enthusiasts claim that it's decentralized. However, a small amount of entities have enough stake to make decisions - like changing the code and future direction
-Proof-of-stake - ETH recently switched from proof-of-work to be proof-of-stake. Again, the fact that they're even able to make changes to the code is so wrong to me. But it also means that the creation of new ETH is based on amount staked (POS) versus energy required (POW).
-Locked tokens - People who are staking ETH right now have their tokens locked up - meaning they cannot sell, withdraw, or transfer their tokens. Initially it was for six months, but they changed it to a year, then two years, then removed it from their website. Sketchy AF and will be horrible for future price when these staked tokens come pouring onto the market.
-World Economic Forum - The lovely people at the WEF have made several announcements/posts about ETH showing their support. They believe that ETH is much better for the environment because it now requires very little energy to produce.
-Nothing special - I do not believe that ETH has any proprietary value. There are many tokens out there that offer the same solutions as ETH, except are much less expensive and easier to stake.
This channel will focus on everything you need to upgrade to the modern economy. We will discuss bitcoin, silver, gold, real estate, sports cards, private equity, and much more.
Aside from the financial and investing portion, we will be sharing our experiences and knowledge in cooking, golf, fitness, and building your own business.
This episode was brought to you by Silverstone Solutions.
Silverstone Solutions make it easier for you or your business to get into Bitcoin. We give you the tools to help you acquire, store, and protect your wealth.
Check out the website to learn more and book a consultation with Joran!
www.silverstones.ca
BUYING YOUR FIRST AMOUNT OF BITCOIN:
If you're in Canada - Shakepay is by far the best exchange for buying and selling bitcoin. Use think link to earn $10 worth of free bitcoin and unlock the shake feature!
https://shakepay.me/r/3F74DYA
*Use the shake feature to earn free bitcoin every day for opening up the Shakepay app and shaking your phone. Earn bitcoin without spending any money!
FOR LARGER PURCHASES (CALEB AND BROWN):
Once you get past zero, you might want to start allocating a little more of your portfolio to bitcoin or other cryptocurrency projects.
I HIGHLY recommend using Caleb and Brown for any purchases over $1,000!
You should also consider getting an account with Caleb and Brown to further decentralize yourself and have options for when you want to buy or sell.
Use this link to sign up with the Silverstone Solutions referral group and get 30% off commissions and exclusive access to a broker:
https://www.calebandbrown.com/open-ac...
BE YOUR OWN BANK (CRYPTO ONLY LAPTOP):
Take your security to the highest level. If you're holding more than $10,000 worth of crypto assets you should not be storing them on your phone! Or on the same laptop you're using to browse Amazon or Facebook.
The crypto-only laptops provide the highest level of security and helps you sleep better at night. If you have any questions or want to see if this makes sense for your current situation, feel free to send me an email! joranhedley@protonmail.com
If you want to go ahead and purchase one and set yourself up for the future, use this link: https://shareasale.com/r.cfm?b=177356...
DECENTRALIZE YOURSELF:
Set yourself up for success. Create accounts on several different exchanges - even if you do not plan on buying anything in the short-term. You can use my referral links to earn free bitcoin as welcome bonuses on each of the following exchanges - Shakepay, Coinberry, Newton, and BitBuy.
A full list of these links can be found at
https://silverstonesca.wordpress.com/...
OTHER INQUIRIES:
If you have any questions or would like to book a consultation, please contact joranhedley@protonmail.com
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