Week #2 Diffusion Newsletter 🤠
We’re back 🕺!! Yes, I know, I know, I’m late. It’s my fault, and you want to know why? The STRESSFUL past couple of days. You wouldn’t even believe it. Well, you will because I’ll release a tweet thread and blog on it #dramatic.
This week was terrible and good. That’s life, but do you want to guess the good? YES! The $ENS Drop. You know the thing that happened this week where about 62,000+ domains/ holders received anywhere from $5000 to $50000. Insane. So in another dedicated crypto newsletter let’s dive into it and learn more about this crazy world 👇
1️⃣ Crypto Digital Assets
I’ll be honest with you. I am not going to allow you to tell me that I never tried helping you out. Bestie, you know, I’m always trying to put you on. In this board - it gets into the weeds of what the hell Crypto even is. Crypto is short for cryptocurrency. Decentralized/ Digital money like BTC and ETH. Below is an idea of how Crypto fits into our world outside of currency. That's where the excitement is. Software is simply the encoding of human thought, and as such, has an almost unbounded design space. The newest computers on the blockchain are crypto networks, and they are community-governed with capabilities that exceed our current software. Crypto networks are built on top of ‘internets’ called blockchains that 1) use consensus mechanisms such as blockchains to maintain and update the state, 2) use cryptocurrencies (coins/tokens) to incentivize participants (miners/validators) and other network participants. Ugh, I confused you? Sorry.
2️⃣ Buying NFT’s
Trust me. We know how hard it is to get started in NFT’s and how badly you want to. Why would you want to miss out on this bull run. We recommend people always do their own research and get involved in a project’s community before they go about spending their money. Well, that’s what I do. So back to it before then you need to buy crypto and set up a wallet to hold your NFT’s. We suggest getting started on Coinbase to buy your crypto, creating a rainbow.me wallet to hold your NFT’s, and to showcase your NFT’s.
This board should give you a dive into how you can be responsible and have fun in the space.
3️⃣ The Top Finds of This Week
It was a big Twitter and Youtube week for me. It doesn’t follow any type of topic this week more so it’s just what we found interesting and saved using our extension. What we find most interesting this week is the Twitter thread on Income Inequality. It’s something that is still so prevalent in our society that understanding at any deeper level is a great superpower to see the dynamics of society and economics in play.
We’re just grateful for those that open and read our boards. All ~35% of you. Thank you.
' Till next week.