Coinbase listing makes the Irish news.
While a lot of people in the decentralized community might not be the biggest fans of coinbase. You have to admit that they are driving innovation and publicity for the space.
It takes a lot for crypto news to gain any traction in mainstream media so when I'm on the phone to my mother last night and she is saying that,
"Those crypto people were on the news last night."
I knew exactly what she meant. She is a person who only knows about crypto from listening to me prattling on about it but our main news channel is watched by about a quarter of the population which says a lot for it's reach and advertising power.
This announcement put crypto in front of people who had never had any contacts with it before.
Who's only knowledge if any is that bitcoin is an internet money.
That had it associated with the NASDAQ which gives the term a certain legitimacy.
From the RTE news
Cryptocurrency exchange Coinbase lists on Nasdaq
Coinbase Global, the biggest US cryptocurrency exchange, is listing on the Nasdaq today, marking a milestone in the journey of virtual currencies from niche technology to mainstream asset.
The listing is by far the biggest yet of a cryptocurrency company.
It represents the latest breakthrough for acceptance of cryptocurrencies, an asset class that only a few years ago had been shunned by mainstream finance, according to interviews with investors, analysts and executives.
All of these steps are vital for the future adoption of crypto and blockchain technology. Until now a lot of people would fear the legitimacy of the crypto markets but it is big steps like these that will open it up to more people and expand it's use.
These are jumping off points for more people to do some research and to get involved in blockchain projects.
These people that are being reached by listing like this will have far deeper pockets than the generation that i jumped in with. People with more interest than money and looking to get in on the ground floor.
These are people looking for investments without all the risk. Just steady returns and the chance of a big payday. It's is an inevitable step in the adoption cycle of crypto but these are the first steps towards it.
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Coinbase is definitely driving the innovation forward in crypto is space and I hope there many more exchanges and countries will follow the same trend. no doubt that Coinbase has done a fantastic job by listing themselves on public exchange and it's a great achievement for sure.
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When Sharon Ní Bheoláin is mentioning coinbase on the 9 O Clock news and your Mam is talking about how many more around the country are talking about it and getting into it?
And there are much less obstacles to making a first step into Crypto these days.
It's getting much easier and i have a lot of people asking me about it and how to get involved. My main problem is that we still don't have the tools to bring them onto hive easily and without a tutorial.
Hopefully project blank will give us that intake valve to share among my friends and we can 10x the community very fast.
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Yep I am seeing the same thing also, with lots of the lads know asking questions and trying to understand the space better.
I have not heard anything about project blank, but sounds like a great initiative. Anything that makes joining easier and less techy for the masses..
Quick question again @niallon11
Still using hive engine, as for now its what I understand... kind of...
So am i best to stake all the tokens i have accumulated in there?
Is there any risk to doing so?
Do i earn APR for leaving it there?
I have 8 Leo staked... does that mean i will earn Cub at some stage?
Sorry for all the noob questions!
My advice would be to stake all tokens that you have so far. There is no risk and you can unstake again ( with a powerdown period. Each token is different but it will take a few weeks.)
There are a lot of different types of token and there are some like Index, LBI and Liotes that will reward you with more more tokens for holding.
Then there are tribe tokens like sports, leo, palnet that are linked to separate tribes. These will earn you curation rewards for voting on content linked to their token. If you see my post here it is tagged ( LEO, Palnet, Neoxian, which are all tribes and will earn all of those tokens for the one post depending on how much stake the voters have in each token.)
The ship has sailed on free $CUB token so the only way to get them now is to buy or trade for them. Those 8 LEO in you wallet give you a small bit of stake in their tribe so like hive power, you will earn curation rewards for voting on leo posts if they are staked to your account. Not a huge amount but it grows over time.
If you are writing posts, try to tag them for as many RELEVANT tribes as possible. If your writing anything linked to crypto or finance tag "leofinance" if its sports tag ""sportstalk" and ones like "proofofbrain for anything original content"
Over time you will keep growing your tokens balance and your votes will earn you more curation. It all about long term planning and building your stake in each tribe. I focus on about three tribes that i like and think have a big future.
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All questions are welcome. I've been here three years and there is a lot to figure out. In time i would love to start an irish tribe and bring in a lot more people to hive. That is one for the future though and we would need a solid base of users first to get it going.
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That's mighty @niallon11
Really appreciate the steer and shared knowledge.
The Irish tribe idea sounds cool as well. I suppose you'd need 100 initially to get it going. Definitely something worth looking at though. What surprises me is that I don't see more Irish creative types here - it's a wonderful community for artists, musicians etc... Maybe its the technical obstacle that's preventing it for now?