Welcome to Arry's Airdrop #06!
The recent headlines of the past week plus the flurry of back-to-school activities across the country remind us of how important the human-to-human community relationships are in each of our lives. Life in a pandemic hasn't been a cake ride either, no matter what side of the line you're on or state you live in. There's a lot of misinformation everywhere, and that misinformation is driving policies that affect all of us - whether you are a crypto HODL-er or not.
Let's get back to basics, old school, follow the politicians that represent us in local, state, and federal government. Let's talk to each other using the telephone. Let's learn each other's names and get to know our neighbors. Let's even know the name of our friendly neighborhood mailman. Watch the drafts of legislation being drafted and proposed. Talk about what we hear with our neighbors, other parents in our children's schools, and acquaintances in our communities. This is the only way we'll combat misinformation and policies created from misinformation. Let's say no to politics or malevolent advertisers.
Real people talking to real people.
Coinbase versus the SEC
The biggest news with the biggest potential impact to the overall industry happened last week with headlines, "The SEC has told us it wants to sue us over Lend. We don't know why." Coinbase has been working on launching its latest lending product, "Lend" and was proactively working with the SEC to iron out any potential issues ahead of its launch. Seemingly looking like "all in a good day's work", when they were surprised by the SEC's threat.
Why you should care: Many reasons why you should care - here are a few.
Walmart Litecoin fake news
Tsk Tsk. The news reported a fake partnership between Walmart and Litecoin. Walmart later confirmed that no partnership exists. And as happens with fake news, again, crypto prices soared, then crashed back to reality. The fake press release was the result of an overly eager social media member who tweeted about the partnership, then a fraudulent user account created a press release on GlobalNewswire.
As with anything in the media and especially online, approach everything you hear, see or read with a bit of cynicism and disbelief, sprinkled with a little paranoia. Information (and misinformation) moves very quickly in the digital world, and often resources we assume are reliable, can easily be fooled too.
WIth the recent El Salvador news and the kickoff of a cohort on Monday the 13th for my course, I'm reminded again and again that everything in this space all starts with the fundamentals, and that means understanding the grandpa of the whole space (the cryptocurrency, the network, the protocol): Bitcoin.
It is now also known as "boomer-coin" as a joke from some of the more jaded participants.
Whether you’re into blockchain for technological innovation or looking to trade crypto, it all starts with the fundamentals. Waitlist has already been filling up quickly for my next "Blockchains & Cryptos Fundamentals" course. Get on the waitlist and get in-the-know. I'll also be releasing a THREE-DAY version of this course for those that need an even more synthesized course.
Cryptocurrencies and other kinds of digital tokens are fascinating. We have seen their meteoric rise over the past couple of years. This meetup is all about focusing our time on global impactful topics, not just crypto-fluffery.
Join us if you want to get into real authentic discussions about what really matters in the blockchain space and have some actual FUN while we're at it, via the Blockchain Underground.
See you next week!
– Arry (@ArryinSeattle)
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Arry is the Chair of the Cascadia Blockchain Council, a group supported by the Washington Technology Industry Association (WTIA), the largest US tech association representing technology companies from Oregon to British Columbia. She is also the co-organizer for the States' Assn for Blockchain and was one of the early pioneers that completed a $32m tokensale in an Initial Coin Offering (ICO) back in 2017. She founded the Cascadia Blockchain Council in 2018 and has been an avid educator, advocate, investor, and innovator in the space since 2016.