Kevin O’Leary says that NFTs are a better investment than bitcoin ! Some agree, but also think it isnt fair to compare an asset to a sector. He feels that this is a REAL asset class. Kevin is a big diversifier, he never lets one stock become more than 5% of his portfolio nor does he allow a sector become 20%.
There is civil war in Kazakhstan, the world’s bitcoin hash rate leader. The government shut down the internet in the country resulting in 13.4% of the hash rate to go offline. Good news is that it seems like the situation is stabilizing. Once an agreement between both sides are made, we should see a sharp increase of hash rate once again. The Gentlemen of Crypto is a daily live cryptocurrency podcast that broadcasts on YouTube. Isaiah Jackson and King Bless provide cryptocurrency analysis across a variety of blockchain news stories.
Moneygram starting as Traveler Express in 1940, has once again made its strides into the crypto community with the 4% ownership purchase in Coinme. Will now put MoneyGram at 20,000+ locations ! Cryptocurrency mainstream adoption is getting closer and closer.
January 6, 2022: Top cryptocurrency gains / losses
- Eth (-10.63%)
- XRP (-7.95%)
- MATIC (-8.06%)
Kazakh government shenanigans knocks 13.4% of bitcoin Hash rate offline: 5:41
- The country accounts for 18% of the Bitcoin network’s hash activity.
- . At the time of publication, the internet remains inaccessible in Kazakhstan.
- No timeline to when this internet will turn back on
Kevin O’Leary, NFT maximalist: 13:56
- Kevin O’Leary thinks that the nonfungible token (NFT) sector could be worth more than Bitcoin (BTC) in the future.
- Some think it isnt fair to compare BTC which is an asset vs NFTs which are a sector
Moneygram buys 4% stake in Coinme: 25:29
- purchased a roughly 4% ownership stake in Coinme as part of a strategic investment in the crypto company.
- aimed at expanding access to crypto-fiat exchanges.
- 20,000 ATM locations in the United States, including MoneyGram and Coinstar.
Ray Dalio recommends 1-2% allocation of Bitcoin to your portfolio 27:48
- “network has never been hacked; it has no better competitor”
- impressed that Bitcoin has survived the past decade while reiterating that he is “not favorable to cash.”
Vibin’ with chat: 31:58
bonus: All About the Avalanche Crypto Project ($AVAX) (thegentlemenofcrypto.com)
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