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Author Topic: Where DeFi is headed  (Read 2235 times)
Tokenista (OP)
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September 14, 2021, 10:56:27 PM
Last edit: September 14, 2021, 11:14:53 PM by Tokenista
 #181

I want people to understand how I am different than the Linux MIT people, what they forgot that I'm still doing that they started, and thereby the Problem with Crypto.

The Linux MIT people got in Blockchain early on seeing that this unerrorable, Ledger, Checked and Held Open by a Decentralized "Anyone can do it" community, with the Ability to Fork on GitHub, etc. They recognized it was a thing to pay attention to, and early on Bitcoin was called Disruptive because no one knew what it was, now everything thinks they know what it is, but hardly anyone really understands the whole situation, the MIT people and Linux people are at the center though, updating the Code, Voting on changes/additions, etc. A lot of this is done through the Bitcoin Foundation and is what these Forums were made for, to discuss everything and introduce new people.

So the difference between us is that I think they are too infatuated with new Ledger Systems to advance what is there on GitHub today.

Yes,
I have been for years looking for a Token Platform that lets to make a Token with no Programming, and then Trade it with no Paid Listing on a DEX, Steem-Engine, then Hive-Engine and others, have now achieved that. That EIP-1167 was close and ETH may have something now I am unaware of, but pumping out ICO Tokens is what ETH Token Minting Tools did, and now BSC has Tokens called Peggys, and the Graphene Engines by Aggroed have the Bots, these are the Advancements I have been looking for, that seem to largely be looked at as Unneccesary by the Bitcoin Foundation,
Even compared to Pollution by these people, they see new People coming in with Tokens and no Programming ability as Pollution.

I see it as the Goal,
When Satoshi Nakamoto released the Code for Bitcoin he was working for a Project that was doing something similar called like "Ecash" or something, they were going to Patent it, and use it like a Token on their Website,
He changed it and released it for Free on GitHub as Open Source Code so anyone can copy it and make their own.

Satoshi Originally said the Goal was to replace money, that everyone in the World would have a Bitcoin balance and thereby be able to trade directly with one another, removing banks, and Fiat Currency Exchange through a Physical Location. You could send money to anyone in the World and now they don't need Cash.

So I see these Token Advancements as that step, the way everyone gets a Balance. I also envisioned Bitcoin Town which Akon is now doing, and the MIT Linux people called "Too Centralized" when I was doing it. I see these Tokens and Blockchain Cloning, Forking Advancements as the way States, Universities, Churches, Cities, Political Campaigns and NASA get on Blockchain, they don't need a Team of Highly Skilled Linux Nerds wondering what they can do next to blow everyone's minds, they need the GoFundMe of CryptoCurrency Minting Tools.

These people are looking for Commercial Off The Shelf (COTS) functionality, that's why I point to Aggroed as the example of where everyone should be headed, there need to be more of him, Humble, originally all about bringing in the little people to come together to fight the Whales or at least get on their Level, now he has Steemit HIVE Politics. But there should be more Programmers like him, ready to receed into the shadows and let the Entity that needed the Currency have it, and not have all of them trying to be Vitalik Buterin, or Satoshi Lite.

We need a World where we Hire Programmers instead of them being at the center, and Crypto Project Management is a PMBOK type thing and not a relying on a Programmer to run everything thing. Many times Programmers aren't willing to Admit what they can't do.

I just say I'm not a Programmer,
I can make Blockchains, I can make Genesis Blocks, I can make Forks, I can make an ERC20 or TRC20 Token by copying someone else's Code,
But I need real Programers to do Maintainence so I will Hire them through Bounties as we Build our Currencies,

And Our Currencies are real,
You can Buy things with them from us Today.

And somehow that is new to Crypto.

But it's happening, and we will still need Programmers, we will still have software and Websites, etc. It's just not centered around Programming. Virtual Reality is not the Pinnacle of our Economy.

The way I see it, there should be 1,000 Steemit Clones already but some as Forums, maybe one as Amazon Review Payments, Maybe a Google Maps Graphene Chain to pay Review writers, there could be so many things already happening with what exists today.
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September 15, 2021, 02:14:52 AM
 #182

DeFi is still more like a failed experiment, 80% of DeFi projects are unreliable, they have weak security and they are more hack friendly, they claim to be decentralized but instead they aren't showing any decentralized motives, the only DeFi projects I trust are not up to five and I choose those DeFi projects because they are more than just DeFi like many new DeFi projects so far, I don't care much about where DeFi is headed, I'm just going to keep picking the good eggs out from the bad eggs, hopeful in future DeFi projects will actually become fully decentralized and more secured

I don't think DEFI as an important sector of crypto space is a failure, there are many good projects where Investors have enjoyed huge returns in term of daily rewards and coin price appreciation. Pancakeswap, Apeswap and Bakeryswap are good examples. Having said that you are right that there are many scams and insecure projects which I am sure will die when they fail to deliver promised results. We need to be good in cherry picking when we invest our hard earned money in any project and should do good research work before taking investment decision.

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September 15, 2021, 02:12:28 PM
 #183

Defi is as yet not great. Defi frequently focuses on DEX stages with high liquidity, for example, at present Uniswap. a large portion of the Defi projects dispatched their ventures on the uniswap stage. I just read about Ripple and it appears to be that it very well may be the sort of stock kind thing that could be used or modified and duplicated.

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September 15, 2021, 08:47:56 PM
 #184

DeFi is still more like a failed experiment, 80% of DeFi projects are unreliable, they have weak security and they are more hack friendly, they claim to be decentralized but instead they aren't showing any decentralized motives, the only DeFi projects I trust are not up to five and I choose those DeFi projects because they are more than just DeFi like many new DeFi projects so far, I don't care much about where DeFi is headed, I'm just going to keep picking the good eggs out from the bad eggs, hopeful in future DeFi projects will actually become fully decentralized and more secured

I don't think DEFI as an important sector of crypto space is a failure, there are many good projects where Investors have enjoyed huge returns in term of daily rewards and coin price appreciation. Pancakeswap, Apeswap and Bakeryswap are good examples. Having said that you are right that there are many scams and insecure projects which I am sure will die when they fail to deliver promised results. We need to be good in cherry picking when we invest our hard earned money in any project and should do good research work before taking investment decision.

Very important part of investing is to have a deeper investigation with our pick asset, there are a lot of project that we can look sorting all the potentials and segregating what are good from what are not, DEFI introduce potential but same with ICO back then they're also lots of scammers that use the same venue to scam investors money, without carefully doing your research you may find yourself being victim.

Treat things the right way, take time to do deeper research and never to be moved by trending projects. Most of the time, it leads investors to lose their money.

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September 20, 2021, 07:11:20 AM
 #185

DeFi and gaming will combine and traditional DeFi like AMMs are expanding to farming and lending. Ref Finance for example recently launched it's own farms and some AMMs like Yape are doing some interesting things like single sided liquidity and placing a portion of the LP deposit in yearn finance for extra APY.
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September 20, 2021, 07:34:14 AM
 #186

DeFi and gaming will combine and traditional DeFi like AMMs are expanding to farming and lending. Ref Finance for example recently launched it's own farms and some AMMs like Yape are doing some interesting things like single sided liquidity and placing a portion of the LP deposit in yearn finance for extra APY.

DEFI is here to stay and it has potential to go many trillion market cap in coming years. The issue with DEFI is security, many incidents of hacking have happened during the past months, even with Panckaeswap and Bunnyswap which is very damaging for growth of this sector. Security audits are becoming very common now to ensure security of funds and satisfy customers.

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September 20, 2021, 07:58:58 AM
 #187

You sound like you don't think you'll ever own any good Tokens.

Don't worry, there is a Flood coming.

People have seen a lot with scam coins and tokens and they have ended up getting scammed. You can not blame them if they do not want to buy any more tokens or coins whether Defi or ICOs. I will rather hold my money safe and wait for the flood to come than invest it in what I do not trust and loss it.

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Tokenista (OP)
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September 23, 2021, 05:54:05 AM
 #188

You sound like you don't think you'll ever own any good Tokens.

Don't worry, there is a Flood coming.

People have seen a lot with scam coins and tokens and they have ended up getting scammed. You can not blame them if they do not want to buy any more tokens or coins whether Defi or ICOs. I will rather hold my money safe and wait for the flood to come than invest it in what I do not trust and loss it.

So you would be right if this market was Saturated.

With any other Market we can say,
"We got everyone buying from us",
For Diabetes, or Cancer it's obvious, like how many people can there be, not everyone needs a better way to consume insulin, most of us don't have Diabetes, but we all see commercials. With Pizza and Fast Food, Vacations (Airlines, Hotel Deals, etc), there is a barrier, being how much can you get people to spend.

With Crypto it's still like,
How many people can we get to open a Wallet,
Then how many people can we get to build their own something.

And most people lost that whole concept,
Crypto has like 500,000,000 users or something regularly holding something. Steemit and HIVE are in the single digits millions of users.
There are still 7 BILLION people to reach.
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September 23, 2021, 08:00:21 AM
 #189

But it's happening, and we will still need Programmers, we will still have software and Websites, etc. It's just not centered around Programming. Virtual Reality is not the Pinnacle of our Economy.

The way I see it, there should be 1,000 Steemit Clones already but some as Forums, maybe one as Amazon Review Payments, Maybe a Google Maps Graphene Chain to pay Review writers, there could be so many things already happening with what exists today.

I follow you or catch up sometimes in your other thread so always I find some things interesting,,, but I always wondered if programmers and developers are more needed than actual users. Maybe progress is slower with only 1 or 2 devs part time but I think it is always better to make something people will use,,, and DeFi is not sustainable because not everyone has use for it since it necessitates capital.

And there must be first, before the ability to earn, a desire to engage. That makes things succeed naturally.

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September 24, 2021, 12:46:39 PM
 #190

But it's happening, and we will still need Programmers, we will still have software and Websites, etc. It's just not centered around Programming. Virtual Reality is not the Pinnacle of our Economy.

The way I see it, there should be 1,000 Steemit Clones already but some as Forums, maybe one as Amazon Review Payments, Maybe a Google Maps Graphene Chain to pay Review writers, there could be so many things already happening with what exists today.

I follow you or catch up sometimes in your other thread so always I find some things interesting,,, but I always wondered if programmers and developers are more needed than actual users. Maybe progress is slower with only 1 or 2 devs part time but I think it is always better to make something people will use,,, and DeFi is not sustainable because not everyone has use for it since it necessitates capital.

And there must be first, before the ability to earn, a desire to engage. That makes things succeed naturally.

If you are saying you wish I could get more done faster,
My problem is the State of Texas, they owe us money for COVID back to July 2020,
So we are fighting the State in Court and Administrative processes, that is our Delay.

But this will all create Evidence,
When we do get our Funding, and we do Launch 100%, and you come back to see a Functioning Project, ours will grow faster than others because we have the Soap Company attached.

We are also now in conflict with various HIVE based Trolls,
Primarily one called Deranged Visions, and another called Ganja Farmer. So that is creating more delay because we do now have a HIVE-Engine Token if anyone would like to invest in that, but now we are in a position where we have to kind of create our own Demilitarized Zone on HIVE for our people to use, so we are now having to start on Steemit (we already planned to use Steemit, but now we will start there), and open up the Safe Zone for new people through our Tokens, starting on Steemit and shimmying over to HIVE, to then close the Circuit and activate all our HIVE people.

Nothing is on hold though, its all happening, we are just having to fight for all of it.

Anyone we need to program something we can't, can be hired with Bounties once we are moving. These Bitcointalk threads do wonders, being the place where people learn all the ins and outs, then sit and argue, etc, so there are people waiting for projects to work on or are learning now and will be waiting.
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October 11, 2021, 11:14:40 AM
 #191

We have finally got Texas moving on COVID Money, they are finally about to quit stalling.

The State has been in a State if Failure through the Pandemic, if Texas was isolated that "little Blizzard" would still be a Famine.

But we will be getting a lot done with our COVID Funds
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October 11, 2021, 11:25:42 AM
 #192

You sound like you don't think you'll ever own any good Tokens.

Don't worry, there is a Flood coming.

People have seen a lot with scam coins and tokens and they have ended up getting scammed. You can not blame them if they do not want to buy any more tokens or coins whether Defi or ICOs. I will rather hold my money safe and wait for the flood to come than invest it in what I do not trust and loss it.

True. There have been many scam Projects in DEFI sector during the past years but there are some good ones  too like PANCAKESWAP, APESWAP and many many mores. These projects have rewarded their investors with huge returns in terms of daily rewards as well as price appreciation of their coins. I firmly believe that this sector will show exponential growth in comin months and years because there is huge segments of people in our society like Retired people who need good passive income to meet their day to day needs.

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October 13, 2021, 07:53:50 PM
 #193

I am currently writing a thread as something like a White Paper regarding our Blockchain Beauty Economy being created by my Wife and myself.
https://bitcointalk.org/index.php?topic=5363857.0

So I wanted to expand on some concepts here, fist I would point to something we can all look at as a Model so in doing research I found the Tewken community, this is not to say everyone should invest their money in the Tewken Economy, but in getting everyone's head wrapped around that, combined with what we are doing on Graphene, everyone can begin to understand the type of Framework I am talking about. Model I would say is an example, exemplary, a Statue you could say, something that has been carved out that we can point to and it should last a long time. Framework is like the Mythology, the Tapestry, so the Framework is the abstract, a Model is an example or presentation. Tewken is a Model. Now to expand on that to create the Framework concept in your mind, we can look at the Peace, Abundance, Liberty (PAL) Network (STEEM-Engine & HIVE-Engine) created by Aggroed. Both are very different but fill similar Voids.

The Tewken community is like a DAO, but more like a Piggy Bank type Slot Machine environment, you choose an investment plan as if it's a Game almost, and you get earnings based on APR, Loop Mining, and earnings are brought in from a number of Gaming Websites to fund it, this creates a real Economy that isn't a Ponzi Scheme, an outside source of money funding this Program, not just the Investors putting in and pulling out when new investors come in. So this creates a Cycle of growing Wealth for those who invest early or are diligent.

If we look at the PAL Network, they coalesced to combat the fact that on early Steemit, you had to impress a Developer or high vote Witnesses, and other Whales, or you wouldn't earn much. They came together and created chat communities off the Steemit website, an outside chat, and a Bot they could all operate to share earnings, and funding it would help everyone so they all sent it money. Like an early Delegation Program. Aggroed then Developed a DEX and Token Launcher/Minter. This then became the Organized Catalyst that allowed for a full split between STEEM to create HIVE.

What we are doing is merging Photography, Production, Gardening, Chemistry, Religion, History, etc, etc, with Tokens, Mining Pools, and Blockchains, centered around a effort to create something like a Bulletin Board environment for Steemit, BLURT and HIVE for Crypto projects, and connecting existing Businesses to the Blockchain.

This understanding then gets into how TRX can be used to earn, which then can be used in conjunction with Steemit and the community we are talking about. It can all be used together to earn.
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October 13, 2021, 08:30:57 PM
 #194

Defi is the future of online investment. tradition investment has favoured few little and the rich. the outcome has little or nothing to offer the poor and middle class. crypto was a bridge that connect the rich and the poor. it is was a channel that gave hope to the poor. the DEFI sector has no ending and will continue to dominate the crypto space. it gave raise to heavy inflow of finance into crypto.

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October 14, 2021, 02:24:58 AM
 #195

Most Defi projects fail completely because it has a lot of problems posed. and in essence, Defi founders are often anonymous and do not want to reveal their identities while trying to handle public money. If the founders of Defi really wanted to reveal themselves and as a result failed completely and could not take Defi further. Currently, I still do not believe that developing Defi will be a new investment for myself, I always wonder how long Defi will last?. And what profits will it bring me in the future?.

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October 14, 2021, 04:10:10 AM
 #196

Most Defi projects fail completely because it has a lot of problems posed. and in essence, Defi founders are often anonymous and do not want to reveal their identities while trying to handle public money. If the founders of Defi really wanted to reveal themselves and as a result failed completely and could not take Defi further. Currently, I still do not believe that developing Defi will be a new investment for myself, I always wonder how long Defi will last?. And what profits will it bring me in the future?.

Defi is the future of online investment. tradition investment has favoured few little and the rich. the outcome has little or nothing to offer the poor and middle class. crypto was a bridge that connect the rich and the poor. it is was a channel that gave hope to the poor. the DEFI sector has no ending and will continue to dominate the crypto space. it gave raise to heavy inflow of finance into crypto.

Come join what we are doing. My plan is to bring $10,000 posts back to Steemit.

I previously wrote this thread which gets into many concepts related to DeFi, from Cloning dApps, to Loop Mining, etc. It even was written right before and may have inspired the TRX Steemit Wallet Integration.
https://bitcointalk.org/index.php?topic=5296168.0

I am now going to start this thread about expanding DeFi through Steemit, BLURT and HIVE. First, here is a thread about how to Buy the Currencies and Understand and  Trade them.

How to Buy BLURT and STEEM + Behind the Scenes of Trading for Newbies and Blockchain Developers: Market Caps, Value, Markets, Moon Ramps, Dollar Pegged Coins and Token Economies
https://blurt.blog/blurtphoto/@punicwax/how-to-buy-blurt-and-steem-behind-the-scenes-of-trading-for-newbies-and-blockchain-developers-market-caps-value-markets-moon

Now, if we look at Society and everything happening, many kids say they want to be YouTubers when they grow up, not Astronauts, or Firefighters, etc, they want to be on YouTube and earn money. That has begun to happen with DTube, and generally with Steemit, BLURT and HIVE, and anyone who wants to can Clone DTube, there is a guide, so you can host your own YouTube type website and have it centered around any concept you want, you could create a DTube meant just for Makeup, or Tutorials, or Sports, etc. There could be DTubes set up for all of that. Then that is just the beginning, because really Steemit can be Cloned, every Company could have their own Steemit Clone let alone DTube. But that is getting ahead of ourselves.

What my Wife and I are currently doing is What could be compared to creating an Instafamous Crypto Blogger Status. I was there when STEEM paid out a $30,000 post to 1 Female, before the Anarchocapitaltsts came an actively shamed anyone voting Women up for being pretty, we intend to reverse that and actually promote people posting Selfies and Model Quality Photos to earn Cryptocurrency.

This then isn't just a way to make Women feel good, and create a "Binder Full of Women" as it has been called from the Romney Campaign in the United States, what we are doing is Building a Community, with a Corporate Structure, more like Mary Kay, or any Beauty Celebrity, like Cindy Crawford, etc. We are centering this around my Wife, and bringing others in to earn and Build a Community, and this won't be for any select purpose, these Women are not then our belongings, and even the Women within the Corporate Structure are creating things of their own, and part of our Goal is to then have other people see more Female activity on Crypto Platforms, then bringing more Females and Males, to create a Social Media atmosphere instead of just Tech Nerds.

And this is where everyone can benefit, once someone becomes Instafamous on Crypto platforms, others can pay them to do ads or they can get free stuff. For example, if someone goes on vacation and writes all about it on Instagram the whole time, maybe the company likes the pictures of them and they give it to you for free, or offer another. Casinos already offer this kind of treatment to big spenders, but imagine if you could go spend your Crypto in Vegas, get a bunch of other stuff paid for for doing it, and now other people know where to go spend their Crypto at a Casino. That just ads to something that is happening every day.

Steemit already existed, but I think we are going to find it is a big part of what DeFi is supposed to be, but for the Non-Techy people.
For this Ecosystem called DeFi Tied to TRON / TRX where TRC20 allows you to Copy and Paste ERC20 from EtherScan to TronScan and run any Ethereum Smart Contract on TRON that way. Now Defi is something that is still vague and makes me still can't stop thinking about its development direction in the future. Whether Defi will be expanded and developed will be a new investment direction in the market cryptocurrency or just a short term hype like meme coins.

That's why these threads have to exist.

Now, say there is some 14 year old sitting at home programming little scripts to Level up video game characters by Bot Farming or whatever, and he started Mining Bitcoin and realized it wasn't profitable, he tries others, and starts to find Bitcointalk and discussions. Learns about DeFi, and finds this thread.

It could really be anyone, but I use this imaginary 14 year old as an example because maybe before this thread, his options were basically just to use all the Unicorn swap, Pancake swap, etc. But now, having this here, and the "where is DeFi headed" thread, maybe the 14 year old is able to see through the blur of 409% weekly ROI claims, etc, and creating gambling apps. And can now see the Delegation Programs, TRX, etc, etc. Now that 14 year old has an entire world opened up. And that can be anyone, anyone looking to create the next chapter of DeFi.
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October 14, 2021, 09:41:13 AM
 #197

If we look at this post I wrote in the other thread, SBD start to look at the Landscape, everyone can start to see how this can work.

So just with the example in the "Expanding DeFi" Thread, you can use STEEM, BLURT, Steemit groups, and Facebook, etc, together with TRC20 and BSC Tokens,vor STEEM-Engine and HIVE-Engine. Then even mentioning ERC20 is kind of just like, etc, people can figure it out. But if we then include BitShares Assets you begin to see how expansive this can be. BitShares was the Original Graphene, so even though it is Graphene and thereby basically the same Tech as STEEM, BLURT and HIVE, BitShares Assets are somehow more distant from Graphene Blogs than TRC20, ERC20, BSC, and the 2 Engines. Those all seem more similar, like they all belong together, so that means the Blockchain landscape is moving into a good space,
But when I add BitShares Assets, now we are talking about Tokens in an area that is kind of Esoteric. And adding Lessons for people to navigate BitShares, that adds another layer of Outreach, and Accessibility for newcomers.

And I mention them for this reason,
When the ERC20 ICO boom was happening, with people selling Tokens to then fund projects that people would basically be holding stocks for since they bought in before it started. That's an ICO, and it became big on BitSharesTalk during that time.

Now, if we compare DeFi to the ICO,
If we see that Anonymous guy cloning Pancakeswap, and compare him to a Dev launching an ICO, we can see it is maybe just not the best idea to trust the Anonymous guy necessarily, even if your Anonymity on the platform is paramount, the Founder's is not.

We should also then be able to see the Cross Functionality, this was more apparent at first as stories came out that Make DAI had more coins in DeFi locks than existed, because they were locked in as Collateral, taken out in Loans, then used on another platform the same way, gathering APR on 2 Platforms and having the Loan available for use. But we should start looking at using all of this with STEEM, BLURT, HIVE, etc. With BitShares Assets, TRC/ERC20 Minable Tokens, etc, etc.

This just made me realize, I should explain something I have seen for everyone so they can see how real this gets, and where the problems are.

There is someone named Henry James Banyat, who has been scamming people on the internet for years. He apparently has some level of programming skills, it seems he has the ability to create a Portal basically, and can create little Wallets with Values, as in like a Native Website Token, not a Cryptocurrency. And I guess I have to describe the difference now. So if I create a Native Website Token that is not a Cryptocurrency, it could be done from Scratch or copied, it wouldn't be Mined, you could set up rewards so people can earn it, or make it where they earn it for navigating through webpages like Cookies, Tokens that are released as you land on a page. Or as you play video games you might earn them. The example everyone can look at would be like World of Warcraft Gold or GaiaOnline, or pretty much any videogame or online Currency. You don't Mine it, you don't take it to an exchange and sell it for USD, the only way you could make money is to like sell it to another video game person on eBay who wants your Tokens. Henry James Banyat can create these, and has since before Bitcoin existed, his original one was called like eGold, and it was just a scam to get Older Americans to invest in something that isn't real. He is in the Philippines so he can't be arrested for crimes in America.

He then found Bitcoin and Gridcoin, so he started telling everyone to hook up as many laptops as they could, abd teaching them how to mine, but they were to do it through him. And he would get all the Gridcoins while you got a BTC balance in a Wallet on his portal.

So now, after Gridcoin is over, he has everyone's money and they have an imaginary balance. A balance they are waiting to retrieve. And Henry continues to say that he will make them accessible, and does not really make clear to everyone that he has no Bitcoins, that there is not a real Balance for them. He is just taking from them.

I didn't understand that at first, my Mom brought me in after Gridcoin was done, and I saw a community, I even found they had a Currency called CompuCeeds on BitShares (real Crypto Tokens), I found it on CryptoFresh, and I was like "Wow, my Mom found something, whenever I visited her she mentioned this, but I guess it's real". So I join, and start reading their Private Forum where you have to be a member, and give them your Driver's License, etc. They ban anyone that says anything bad about them, it's not a place to criticize them, they just offer instructions and prayers, they pretend to be very very Christian, and most of their clients are Old Rural Americans. They tell us CompuCeeds are a $1.00 pegged coin, that we will be able to trade our CompuCeeds on the Market and cash out that balance.

I thought they really wanted it to work, reading this you might even think (if you understand Crypto), "How did it go wrong", and I'm telling you, there was never a plan for this to go right. They just wanted to take our Money (a lot like Texas COVID Relief funding)

Understanding Markets,
I start teaching everyone how it works, teaching people how to Buy CompuCeeds because they are going dumped on the Market for Pennies. And what does he do? He dilutes the Supply through inflation by Minting like 10x the Tokens that existed before, and dumps them on the market to anyone buying for 1 penny or half a penny or a quarter of a penny, he just ruins the Price, just murders his own Economy to put money in his pocket.

Never brings in investors, never announces anything on Bitcointalk or invites anyone to Join that could actually buy Coins. It was just never his intention to make it work, and he continues to string them all along telling them that portal has real value behind it, and no one can arrest him.
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October 14, 2021, 10:07:11 AM
 #198

Everyone who knows about DeFi, knows about Unicorn Token, and UniSwap, and probably Compound.

These are Ethereum ERC20 Token Smart Contracts, and there is another half to it, TRON TRC20 Token. The TRC20 is Free to make, and allows you to copy and part your ERC20 Solidity contracts into TronScan with just a few changes like your wallet address. TRON copied UniSwap and made JustSwap.

So, TRON and ETH are the main platforms, and there are currently several places to list your ERC20 Tokens on a DEX manually, but the ERC20 bar to entry is a little higher since it is not Free.

And yesterday, TRON put TRX in the Steemit wallet, so now there is a TRON Link Wallet in your Steemit account.

This means soon Steemit will be a place to not only earn money, but launch a Token. And people may think "doesn't Steem-Engine have Tokens? Aren't there SMTs?".

But I would ask anyone who does not understand this, to look at Bitshares Assets, found on the Cryptofresh Website by Googling Cryptofresh Assets.

Those Cryptofresh Assets were being traded by the Original Steemit Witnesses in 2016.

Bitshares Assets cost about 1 BTC to make, Steem-Engine Tokens require you to use KeyChain, and buy ENG, etc, it is not straightforward for a new person, and neither is ERC20. But TRC10 is.

TRC20 are Free unlike ERC20 (both are the same and Devs can copy each others code)

So now we will likely see hundreds of people launching TRC10s on Steemit, and building TRC20 Smart Contracts which interact with Steemit. TRC20 Steemit rewards Bots, etc.

So now DeFi has a Source of Income, as Steemit is one of the only places a Cryptocurrency is rewarded for real world effort, and is how most normal people understand "earning". So there is now a layer of Finance that wasn't there before.

DeFi now does Social Media.
DeFi will now not just be Discussed on Social Media, but is part of Social Media.

Currently DeFi is for ETH Miners, Maker DAI users, Bitshares groupies, and Bitcoin foundation types. So, really nobody.

Now, we will start seeing regular people, and even people in 3rd World Poverty, able to reach into DeFi.

Mixing Steemit and TRON Link also brings Poloni DEX and JustSwap to Steemit, which is again similar to but better than Steem-Engine. We are about to see a whole new way to look at Cryptocurrency apart from its "Digital Gold" image it currently holds with Bitcoin, and we are about to see everyone start to get involved. And TRON is just doing this first, there will be plenty more.

TRON and STEEM are both not a new Token. Not like UniSwap or JustSwap are each on a chain, these are now 2 Blockchains with different uses, coming together in the Wallet. One of which has dApps that live in the wallet.
Because very few have a solid group with the ability to make their stage happen. So look for the group that actually works on their project, not the group that works on controlling their advertising. If you can see that their location is at the end of beta time, ask if they are actually working on their business.
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October 14, 2021, 10:46:52 AM
 #199

It seems to be the same on the basic concept of cryptocurrency. This is sure to solve financial problems. By incorporating a decentralized robotic system. And that's true. DeFi is one of the trends that bring cryptocurrencies back up to society.

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October 14, 2021, 08:30:41 PM
Last edit: October 14, 2021, 09:18:17 PM by Tokenista
 #200

Everyone who knows about DeFi, knows about Unicorn Token, and UniSwap, and probably Compound.

These are Ethereum ERC20 Token Smart Contracts, and there is another half to it, TRON TRC20 Token. The TRC20 is Free to make, and allows you to copy and part your ERC20 Solidity contracts into TronScan with just a few changes like your wallet address. TRON copied UniSwap and made JustSwap.

So, TRON and ETH are the main platforms, and there are currently several places to list your ERC20 Tokens on a DEX manually, but the ERC20 bar to entry is a little higher since it is not Free.

And yesterday, TRON put TRX in the Steemit wallet, so now there is a TRON Link Wallet in your Steemit account.

This means soon Steemit will be a place to not only earn money, but launch a Token. And people may think "doesn't Steem-Engine have Tokens? Aren't there SMTs?".

But I would ask anyone who does not understand this, to look at Bitshares Assets, found on the Cryptofresh Website by Googling Cryptofresh Assets.

Those Cryptofresh Assets were being traded by the Original Steemit Witnesses in 2016.

Bitshares Assets cost about 1 BTC to make, Steem-Engine Tokens require you to use KeyChain, and buy ENG, etc, it is not straightforward for a new person, and neither is ERC20. But TRC10 is.

TRC20 are Free unlike ERC20 (both are the same and Devs can copy each others code)

So now we will likely see hundreds of people launching TRC10s on Steemit, and building TRC20 Smart Contracts which interact with Steemit. TRC20 Steemit rewards Bots, etc.

So now DeFi has a Source of Income, as Steemit is one of the only places a Cryptocurrency is rewarded for real world effort, and is how most normal people understand "earning". So there is now a layer of Finance that wasn't there before.

DeFi now does Social Media.
DeFi will now not just be Discussed on Social Media, but is part of Social Media.

Currently DeFi is for ETH Miners, Maker DAI users, Bitshares groupies, and Bitcoin foundation types. So, really nobody.

Now, we will start seeing regular people, and even people in 3rd World Poverty, able to reach into DeFi.

Mixing Steemit and TRON Link also brings Poloni DEX and JustSwap to Steemit, which is again similar to but better than Steem-Engine. We are about to see a whole new way to look at Cryptocurrency apart from its "Digital Gold" image it currently holds with Bitcoin, and we are about to see everyone start to get involved. And TRON is just doing this first, there will be plenty more.

TRON and STEEM are both not a new Token. Not like UniSwap or JustSwap are each on a chain, these are now 2 Blockchains with different uses, coming together in the Wallet. One of which has dApps that live in the wallet.
Because very few have a solid group with the ability to make their stage happen. So look for the group that actually works on their project, not the group that works on controlling their advertising. If you can see that their location is at the end of beta time, ask if they are actually working on their business.

Yes, this is what I'm talking about. And we can actually see this present in Facebook's advertising rules now. ICOs are not allowed, because of this very issue we are getting into here. You simply can not trust someone saying "Buy my Tokens, there is nothing started at all yet, but I promise we will start when the ICO is finished", I personally think the best way to build a Token is to give them away, then Build everything to give them their Value as people start trading them, and having a STEEM-Engine or HIVE-Engine Bot helps, I actually have a Token on each. And the Model there is to get it in as many peoples hands as possible, so they now ask "What are these for?", then to provide that answer. We are waiting on COVID money still from the State to get our stuff started, because they have attacked my Wife's Business alongside Facebook attacking it, throughout the Pandemic.

But, to the point about Facebook's ICO rule. If I am advertising "Come Buy my Token, I have a Website and nothing started", that person is likely to just run off with the money. I use Facebook to Educate people about Crypto, to teach them how to do things and make their own Decisions, that is what you should advertise on Facebook to be like a "Crypto Guru" people might say, I know I just called it that, but I wouldn't call it that. I just use the term so people can understand what kind of service should be Advertised on Facebook. This way people can learn how to make their own ICOs from you, understand how they work, then Buy into yours after getting to know you.

And this then gets to your point of starting a Business and not focusing on Marketing. We also have a Soap Business attached in my Wife's company, she is making Soap and other Materials for Beauty and Ritual.

It seems to be the same on the basic concept of cryptocurrency. This is sure to solve financial problems. By incorporating a decentralized robotic system. And that's true. DeFi is one of the trends that bring cryptocurrencies back up to society.

And this is True also,
This is a very good point. Everything with Crypto should be done to solve existing problems, and not the problems of those holding large amounts of Crypto. If we look at the way Masonry works, we could start to see how we can do this, also Karma, and what we are doing is Instituting Silpa Sastra then Karma.

If we look to Masonry,
We see Tylers, a Tyler is a person who keeps the Curious away. This could be seen as like a Bouncer but much different, it could even be compared to a Help Desk, or a False Front operation even, it could be compared to Waiting Rooms also, or Libraries. Tylers are there to kind of satisfy the Curiosity, or redirect it kind of. You could even get into Tiling, and the Art of Tiles, Mosaics, Checkers, etc, to start to understand better. Then we can see the Workers, the Secret Handshakes of the Freemasons are supposedly how they used to get their Wages, each Mason had a Chisel Stamp, or Wax Seal, and their work would be approved or not, then calculated and they do the Handshake to get their Wages. Then it also is like a Key, for entrance to places. The Tyler then also could be the Doorkeeper, etc, so we can also see like Riddlers as Tylers, like Golem in Lord of the Rings, or the 2 headed Doorkeeper in the Labrynth. Masonry also involved each Rank keeping things needed for different meetings and Rituals, so there is a level of inclusiveness and education and responsibility in that. But all of this exists so the people on the Street can walk in and be part of everything, without knowing too much. That's why there are Stages by the Masonic Lodges and everything, sometimes an ACE hardware. The term "Free and Accepted Masons" also provides a lot of insight in to the Great Gods of Samothrace and Kadmilos/Kadmos.

Then with Karma we can look to DeLaurences Spell Book. It gives a very good example of Christian Karma with Alms as a Fulcrum, which fits well into the Graphene Blockchains.
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