Coin Bureau Insider

2021-07-03 18:26:15

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2021-07-03 18:26:10 Time for another video!

And this is probably going to be a controversial one...

Now, you guys know that I am no fan of memecoins & tokens. More often than not, they are shitcoins designed explicitly to enrich the founders and they are often pumped / dumped.

That is why when Shiba Inu first hit the market, I was similarly sceptical.

However, something piqued my interest recently and that was the recent listing of it on Coinbase.

Yes, this was most likely a move by Coinbase to capture trading volume / fees. However, I still think its highly unlikely that a US listed company would list a complete and utter shitcoin. It would have to pass code audits and its tokenomics would have to vaguely make sense.

So, it was with this listing that I thought it warranted a closer look. A video that explored it in a lot more detail - it's only fair.

Today, I have that video for you guys.

As is usually the case, I take a deep dive into the project. I look at its tech, background, founders, tokenomics and much more. I also explore some of the controversy around the project and whether it is justified.

All of this is to help address the question of whether it is nothing more than a joke meme token, or something more.

I tried to be as impartial as I can - so I hope you guys get value from the vid. Open / Comment

2021-07-03 13:06:59 Hey Guys,

As predicted, that black illusion Bitcoin illusion shirt sold out within 10 minutes of the video going live. We have ordered more stock but it will take some time to arrive.

However, I would like to let you know that the White version of the shirt (the exact one I am wearing in the video above) is now in stock

Will be wearing this in video in the next few days so thought I would give you first dibs on it.

https://store.coinbureau.com/product/bitcoin-illusion-white-t-shirt/

Also, given that it's been a particularly hot summer for those of us in the Northern Hemisphere, I am also stocking crypto vests!

We have a new line of "Bitcoin Gains" vests which could do equally well in a gym environment! They are in black & white:

https://store.coinbureau.com/product/love-gains-black-gym-vest/

https://store.coinbureau.com/product/love-gains-white-gym-vest/

As you guys know, I don't run ads and these merch sales go a long way to helping support the channel Open / Comment

2021-07-01 18:39:53

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2021-07-01 18:39:47 My New video is live!

And today, we are talking one of my most favourite topics...

Bitcoin adoption

I am sure that you will all by now know about El Salvador's Bitcoin move. However, what is even more interesting than this is the fact that it has started a strong trend in the region.

Numerous other countries in Latin America are dying for an alternative to their current status quo. A status quo that sees them dependent on the US dollar hegemony.

From Paraguay to Panama & beyond, politicians and leaders are pushing their own bills to promote crypto adoption in their countries.

I literally can't think of a better test case for the mass adoption of crypto than South America. A place ravaged by failed fiat and hyperinflation.

Of course, there are many global multinational institutions that are not happy with this move. From the IMF to the World Bank and more - they are trying to make an example out of El Salvador. No one said it would be easy!

In my video today, I explore all of this. I analyse the impact of this adoption on the Bitcoin markets and what it could mean for BTC going forward.

This is something you don't want to miss! Open / Comment

2021-07-01 16:57:56 Hey Guys!

Just wanted to give you folks here in the Telegram channel first dibs on my new T-shirt collection.

It's called "Bitcoin Illusion" and it's got a hidden message

This is on sale now and I will be wearing it in my video which will be going out in about an hour or so.

We only have limited stock and new T-shirt lines usually sell out in a snap - just FYI

So, feel free to pick up one now if you like it

https://store.coinbureau.com/product/bitcoin-illusion-black-t-shirt Open / Comment

2021-06-30 21:14:51 Glad you guys are enjoying that video.

I wanted to quickly talk about some of the more exciting news I came across today. That was the fact that Coinmarketcap.com had just launched Uniswap ERC20 token swaps on its website.

https://twitter.com/Uniswap/status/1410032279699787776

The reason that this is so important is because CMC is perhaps the crypto website with the highest traffic of all. Just to give you an idea, it ranks 129 in Global Website traffic.

Here are where some other websites rank:

- Binance.com: 149
- Coinbase.com: 541
- Robinhood.com 756

Yep, it ranks higher than all of these centralised trading platforms.

So, what this means is that millions of visitors on CoinMarketCap will now have the ability to use Uniswap's DEX right there on the website.

The amount of additional volume that this could bring Uniswap cannot be underestimated. People will just need to fire up their wallets and they can execute a trade right there on CMC.

Even if they do have accounts at Binance (which owns CMC), they are currently directed out of CMC. They will have to separately log into their Binance accounts. Now, they can swap right there on CMC without even leaving the platform - seamless and sweet.

What's even more interesting about this is that CMC has hinted that they could be supporting other Dex integrations. Now, I am not a betting man, but if I were to speculate...

- A BSC Dex like PanCakeSwap: CMC lists hundreds of tokens that run on BSC. They will need a Dex for those tokens and my bet is on PanCakeSwap. Oh, and Binance owns CMC so a Binance Smart Chain Dex is only logical.

- A Dex Aggregator like 1inch: I have always been a fan of 1inch and their aggregation protocol is one of the best I have seen. Why would CMC want to integrate with numerous other DEX's when they can just integrate 1 more that has pricing from so many different places?

I also think that this could help precipitate a broader trend. There are several other coin tracking and analytics websites that may want to follow suit. It makes sense from their perspective as it means more viewers will spend time on their site instead of navigating away to another Dex or Cex.

Of course, there are many of you that are no doubt wondering what this could mean for the native tokens of the DEXs in question.

Well, in most cases these DEXs have a tokenomic model where some of the fees generated are used in a treasury fund. This fund is then used in order to further development on the protocol and those who decide on the allocation of these funds are the token holders who vote.

So, the more "valuable" a DEX based on the fees it generates, the more valuable these voting or "governance tokens" are.

Therefore, it is not unrealistic to claim that in the long run, the Governance token bares some relation to the total volume going through the DEX.

It will be interesting to see how things progress from here... Open / Comment

2021-06-30 18:41:16

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2021-06-30 18:41:11 Let's face it. There are a LOT of smart contract projects that are purporting to infinitely scalable. To be a defi hub to build applications that can be used across a wide range of financial products.

One of the biggest hurdles all of these projects seem to be facing is their reliance on a blockchain. Everything from Ethereum to Polkadot, Solana to Cardano, uses a blockchain network.

However, Fantom is unique in that they use a unique data structure called a "DAG" or a Directed Acyclic Graph. This is a type of distributed ledger technology that allows any computer connected to the network to process transactions in parallel.

This is just the tip of the iceberg when it comes to Fantom's tech. So, in my video today, I do an update vid on the project.

It's particularly needed given that fact that FTM recently listed on Coinbase custody and the project has been forming partnerships at a break neck pace.

Fun fact: The original dev that built a lot of the Fantom tech is Andre Cronje - the South Africa Defi legend behind Yearn Finance.

However, his involvement in the project has waned recently which has led many to consider what this could mean for it's long term sustainability.

This is all covered in my video!

I also analyse FTM's potential and whether it is a coin I would actually consider adding to my portfolio.

Hope you guys enjoy! Open / Comment

2021-06-29 18:31:48

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