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It's simple. Find out where people are headed and buy land.

 
Anonymous Coward
User ID: 78216892
Bulgaria
07/06/2021 03:49 AM
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It's simple. Find out where people are headed and buy land.
Find out where people are going and buy land.

A simple principle that has lead to untold riches throughout history.

The crypto you have never heard of, the new currency you have never heard of is called Algorand.

Below is an excerpt from a news article. Others who see will get the picture of where this is headed by simply digesting the next few paragraphs.

The short answer is now is a good time to buy. Coinbase has it at 4% APR which beats any savings account and that 4% will compound daily.

Cha-ching. Long term hold on this one.



“Copper adds a layer of speed that you wouldn’t be able to find outside of their network, and of course this is right up Algorand’s alley of being extremely fast, secure and efficient,” David Markley, Algorand’s director of business solutions, said in an interview.

Read more: Arrington Capital Launches $100M Algorand Ecosystem Fund
Founded in 2017 by Turing Award–winning MIT professor Silvio Micali, Algorand now has some 700 organizations building on the blockchain and some serious money behind it, including a $100 million Algorand ecosystem fund launched earlier this month by Arrington Capital.

As well as looking after ALGO tokens, which may include those used for staking on Algorand, Copper will be charged with looking after the 4.5 million ASA assets represented on the chain.

Exotic assets
What can be thought of as the base layer of digital dollar equivalents, Algorand ASAs include a clutch of well-known stablecoins such as USDC and USDT, as well as Canadian dollar, Swiss franc stablecoins and Mexican peso to be added shortly, said Markley. One layer up from stablecoins, things get more exotic, he added.

“We have tokenized real estate via a handful of firms that have tokenized either home equity or individual homes and represented those on Algorand’s blockchain,” he said. “We’ve also got a long list of partnerships with firms like Securitize and Tokensoft and the other security token issuers. And since the beginning of this year, we’ve seen a proliferation of NFTs.”

Read more: USDC Stablecoin Could Soon Expand to 10 More Blockchains
It’s a plum assignment for London-based Copper, which last month closed a $50 million Series B funding round. Tyler Kenyon, Copper’s chief marketing officer, said that over the past year the two firms kept bumping into each other at events and sharing their like-minded views.

“A partnership with Algorand felt like a natural choice,” said Kenyon. “Enabling the ASA standard in our custody application means that when those projects are ready we can make an ultra smooth onboarding process for them.”
Anonymous Coward (OP)
User ID: 78216892
Bulgaria
07/06/2021 03:59 AM
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Re: It's simple. Find out where people are headed and buy land.
A little gift for my fellow GLPers.

With the crazy volatility of cryptocurrency it's important to buy in smaller chunks over a period of days weeks and months than to throw it all in at once. If the price goes down you get it cheaper and make more when it goes up since you are paying less for each coin by a principle called dollar cost averaging.

Remember your principles in cryptocurrency. If you are interested in a project then chances are others are as well.

What we have not yet seen is mainstream adoption.

Proof of stake coins like Algorand, with big name MIT scientists that are backed by stable coins that are pegged to fiat are inflationary along with fiat as hyperinflation occurs this asset will appreciate alongside it.

As more and more real estate is tokenized into projects such as these the legal entity responsible for ultimate ownership becomes the Blockchain the real estate is a part of or contracted to.

As real estate goes up these asset classes appreciate as well.

The dystopian future where everyone has access to home ownership through inflationary cryptographic assets is upon us.

Are you an early adopter?

I sure as hell am. Like it or not this is the future of asset ownership.
Anonymous Coward (OP)
User ID: 78216892
Bulgaria
07/06/2021 04:10 AM
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Re: It's simple. Find out where people are headed and buy land.
Bump.
Pay the Tax Man
User ID: 78928165
United States
07/06/2021 04:12 AM
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Re: It's simple. Find out where people are headed and buy land.
Land Taxes

damned
Anonymous Coward
User ID: 80136355
United States
07/06/2021 04:24 AM
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Re: It's simple. Find out where people are headed and buy land.
Find out where people are going and buy land.

A simple principle that has lead to untold riches throughout history.

The crypto you have never heard of, the new currency you have never heard of is called Algorand.

Below is an excerpt from a news article. Others who see will get the picture of where this is headed by simply digesting the next few paragraphs.

The short answer is now is a good time to buy. Coinbase has it at 4% APR which beats any savings account and that 4% will compound daily.

Cha-ching. Long term hold on this one.



“Copper adds a layer of speed that you wouldn’t be able to find outside of their network, and of course this is right up Algorand’s alley of being extremely fast, secure and efficient,” David Markley, Algorand’s director of business solutions, said in an interview.

Read more: Arrington Capital Launches $100M Algorand Ecosystem Fund
Founded in 2017 by Turing Award–winning MIT professor Silvio Micali, Algorand now has some 700 organizations building on the blockchain and some serious money behind it, including a $100 million Algorand ecosystem fund launched earlier this month by Arrington Capital.

As well as looking after ALGO tokens, which may include those used for staking on Algorand, Copper will be charged with looking after the 4.5 million ASA assets represented on the chain.

Exotic assets
What can be thought of as the base layer of digital dollar equivalents, Algorand ASAs include a clutch of well-known stablecoins such as USDC and USDT, as well as Canadian dollar, Swiss franc stablecoins and Mexican peso to be added shortly, said Markley. One layer up from stablecoins, things get more exotic, he added.

“We have tokenized real estate via a handful of firms that have tokenized either home equity or individual homes and represented those on Algorand’s blockchain,” he said. “We’ve also got a long list of partnerships with firms like Securitize and Tokensoft and the other security token issuers. And since the beginning of this year, we’ve seen a proliferation of NFTs.”

Read more: USDC Stablecoin Could Soon Expand to 10 More Blockchains
It’s a plum assignment for London-based Copper, which last month closed a $50 million Series B funding round. Tyler Kenyon, Copper’s chief marketing officer, said that over the past year the two firms kept bumping into each other at events and sharing their like-minded views.

“A partnership with Algorand felt like a natural choice,” said Kenyon. “Enabling the ASA standard in our custody application means that when those projects are ready we can make an ultra smooth onboarding process for them.”
 Quoting: Anonymous Coward 78216892


As a guy who's been building infrastructure focused businesses in crypto since reading satoshi's paper in early 2010, I'd like to share a couple of tid bits.

- not your keys, not your coins: dont store crypto in exchanges unless trading. Self-custody is the key (pun intended) and why DeFi too off so fast.

- there is a 4 year cycle. Learn to think in larger timeframes and rebalance accordingly. Top 20 coins in early 2014 for example were totally different to top 20 in 2018, and so on.

- AlgoRand is great. Current price within accumulation range. Long term adoption potential is massive. Already high adoption whilst low competitors.
-- however, (this is a conspiracy forum after all...) they are one of the few select coins/tech-stacks that seem to be blessed by the current western central banking system. If the deep state loose this war, algorand's global adoption wont be guaranteed.

- think strategically with your wealth and diversify. Have a separate pot for active trading, a separate pot for shitcoin 'investing' and a separate pot for medium/long term holdings. For bonus points: Cycle profits from any revenues into an also diversified lower risk auto-compounding defi products like ,, DAI etc

- have 10% of your portfolio in physical silver just un case (less if silver explodes 10x already)

- dont assume the rules will always be the same. Ie dont assume USD or other fiat you base yourself wont suddenly devalue.... or that property and asset registrars and databases couldnt be wiped.
Be as digital as you can be but have a small % in physical like silver.

- and most importantly. Always have dry powder for black-swan events. I wish I had crypto accessible Friday 13th 2020 when bitcoin utterly capitulated to 3I on Bitmex. FmL that was the ultimate trade - but stuff like this happens a few times each cycle.

Anyway that's my 2 satoshi





GLP