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RE: Merry Cryptomas - Crypto Happy Hour- December 25th Edition

in #cryptocurrency7 years ago

Hey Bobby, great video, which is evidenced by the fact I watched it all, while I generally really don't dig such videos!

A couple of things:

  1. I really liked the discussion on Tether. It works because people believe it works. So long they believe that it can reflect the USD, it'll keep on working. Amusingly enough, the actual USD works the same way. In other words, only so long as people keep believing in it.
    I would recommend checking out Terry Pratchett's Making Money Discworld novel. It's fun, and also a great way to introduce people to the whole concept of how cryptocurrency (and fiat!) works.

  2. By the by, where can we hear more talk from you on Steem and Steem Dollars? Their future value, the "pump", how volatile they are, and so on and so forth? I mean, we're here on steemit dot com, so I'm invested and curious :D

  3. I can't have an account on Bittrex, due to them having closed their registration and being a new user here and new to cryptocurrency (and to think my IRC friends were talking of Bitcoin when it was under $100 and I could've joined mining...). I don't like keeping my stuff in SBD due to its volatility, and I'd rather not trade for Bitcoin till I amass a good amount due to fees. Any recommendation of which coin offered on Blocktrades to use? I eyed Ethereum in particular.

I definitely think many new users are in the same situation I am with regards to #3, so definitely worth a video, I'd say. You recommend Binance, but they don't trade in Steem/SBD.

Thank you for the content!