Happy Sunday.
I’m on travel so this rundown will mostly cover other people’s content (you’re welcome 😄).
Make sure you read my monthly issue for March.
Scroll down for two articles and two videos.
Watch the latest video from Digital Asset News. In it, Rob gives us some perspective on the US treasury secretary’s begrudgingly positive comments about crypto, as well as a survey about crypto attitudes in the US and factoids about the energy usage of bitcoin miners (particularly compared to gold miners).
Always good to see Rob holding down the fort. True OG, no hype.
Six Months in, El Salvador’s Bitcoin Gamble is Crumbling
Bottom line: in El Salvador, few people use bitcoin, the government’s bitcoin wallet doesn’t work the way they expected, and the government hasn’t yet delivered on most of its plans.
My take: “crumbling” seems an extreme term and not reflective of the actual article, but it probably makes better copy than saying “El Salvador’s Bitcoin Plans Haven’t Lived Up to the Hype Yet.” For the world’s sake, I’m still hoping something good comes out of Bukele’s foray into bitcoin. For crypto’s sake, El Salvador’s experience is a no-lose proposition. If it fails, nothing changes. Those who hate will continue to hate. If it succeeds, it will change some people’s minds about crypto.
Why we care: it’s good to see through the hype.
Selecting an NFT Marketplace
Might seem odd to push this article out when NFT trading volume sits near all-time lows, but now’s a GREAT time to get into NFTs.
Read this UNDRGRND article on the basics of NFT ownership, how your rights are captured, and what to look for in NFT platforms.
InvestAnswers published a 90-minute rundown of the top 21 altcoins. If you’re into altcoins, give it a watch.
Note, I’m not saying whether I agree with those guys, it’s just food for thought.
I’ll catch you next week. Until then, relax and enjoy the ride!
Weekly Rundown - March 27, 2022