Webinar Special: “NFT and Cryptocurrency Discussion”

Since when are patreons paying to GIVE advice. What a load of bullshit NFTs are. Insightful comparison with the art world and ain't nobody with a clear mind buying modern art neither. Don't buy that shit.

Look into Ravencoin for NFTs

Hello coach can you post your canceled posts such as the ship of Theseus and the N word to Patreon. Thanks!

Miggie88

You can trade Monero anonymously Coach, Bitcoin can be tracked much more easily than cash. I would thiink that the tax authorities would prefer for citizens to trade Bitcoin than fiat currency for those reasons.

Bitcoin is over 10 years old now (The tulip bubble only lasted 6 months) It is the best performing asset during this time. Market cap is now $1 Trillion dollars with no head office, no CEO and no one from Bitcoin paid for any marketing ;) When you come back to this post 5 years from now when its over $500k, the current $60k price will look ridiculously cheap. Get some or get left behind... DCA and HODL.

For the larger crypto investors, you might want to consider moving to Portugal or Malayia (are a few others). They do not tax crypto profits.

Also wanted to comment, you're the only creator I subscribe to on Patreon (recent subscriber) and I love your content! I can't catch your webinars live (I try to watch after they get posted) but keep up the great work. Your channel is full of though provoking content on a variety of subjects. Way better value than a Netflix subscription.

Coach, I respectfully disagree with your comment that there is nothing backing gold. As I am sure you are aware, and I expect that you've simply misspoken, it is an element and not a mineral. It's physical properties - malleability, conductivity, and not reacting with moisture (preventing corrosion and tarnishing) - make it useful for many applications (which is what backs it). Aerospace, medicine, jewelry, electronics to name a few. I'm a a bear on bitcoin, maybe not all cryptos (ETH and Stellar are interesting), because bitcoin isn't that widely accepted/used, and the transactions are slow as molasses. IMO, BTC has its value based on what the next entrant will pay for it; at some point I think we will reach the 'greatest fool' that will pay the peak price for BTC. None of us wanna be that guy.

I want to watch migration video to think of it. I’m pro migration, but let’s see

where we can find the N word video and the other one about mass migration

Regards getting into the Cryptocurrency Market send me an email to kotaepayne@protonmail.com I will give you my perspective on the current situation. A lot of what is happening right now is scattered among your videos and others on various platforms. It involves some very interesting cogs in the wheelhouse of the coming change. Anyway, you have my contact information. If you are interested in what I have to say you have a way of finding me now.

Sovereign Coin is the currency to look into.

Again auction unseen videos. Personalize them for the buyer.

Another good example is the planet hollywood chain. Each restaurant has unique items in the restaurant. So people find each one unique.

Your example is perfect. Jacks tweet holds value because only he has access to the original. If it was still available to the general public then it would have no worth to anyone.

With you retaining the copyright it has only a single use for me. That would be personal. The best definition I have read is that only the artist can own the original. But the artist can sell as many prints as they wish. So it has to be something not readily available to anyone else. A little like an autographed photo.

Now if its a banned video that nobody else has seen then we are talking about something of value.

Basically what you are doing is selling a DVD. I cant share it but I can watch it alone. So first things first coach. You need to impregnate a security measure so people cannot just capture the digital information for personal use.

The question is this. If I can access your videos from Patreon why would I bid in an auction for them?

His early work goes for a fortune because it's relatively unknown so it becomes collectable through scarcity and rarity.

The thumbnails themselves are pretty basic and five minutes of work to be honest. But your video work is amazingly off the charts.

Use it as a learning tool coach. Sink or Swim it does not cost you anything except energy. So as it evolves you can grow with it.

COACH think it through. Mr. Potato Head, Dr. Seuss, Disney movies are all golden items right now because of the controversial nature. It makes them instantly collectible. People love banned or hard to get collectibles. I would treat each entity as a single unit.

The reason I should add. Scarcity is what will make the items worthwhile. But material that's already out there for free will not be enticing enough for people.

I agree with V.M. Varga. Stick to unreleased NFTs only to auction your work

https://www.youtube.com/watch?v=D5wAwfnPBDI&t=31s

Anyhow she is dead against BItcoin and gives valid reasons as to why. I would try and break it down for you but why try when I can provide a link to the financial expert herself.

COACH RED PILL you are in luck. Andrew Mo Money had an expert on his podcast today. This lady was part of the Bush 2008 rescue team for the banking system.

1 The main function of Crypto is evading oppressive governments. Confiscation & taxes. What else can you do with it? 2 Art world? Sorry, No experience there. 3 Can you make this work with 'someone else's' art/work? Why? 4 Who is already doing this now? No one ~ why? How are they doing well? How are they doing badly? 5 Control without owning: Only works with rule of law & and the right legal entities setup by competent attorneys. Yes? 6 Super discussion.

Wait til June for Theta to drop their nft shop so u dont have to use ethereum and its high wasteful gas fees - theta nfts will be bigger

I think it really comes down to the point whether someone want to take your digital artwork/files/videos/docs as a value holding assets. The same principle applies: Is this asset generating money flow? Will the value of this asset goes up over time? As always, I love this webinar!

I think smart contracts allow the artist to earn a percentage cut of every future sale.... you should look into that as well.

James

I’m sure you’ll sell at least the more interesting quotes. NFT is a major fad, and the people who buy your (or anyone else’s) art will be holding the bag, unable to find a greater fool to dump them off onto. But if you can sell some tulips while they’re hot , go for it.

PaleBear

it wasn’t a fiat currency until 1971 when Nixon announced they were moving away from the backing of gold

Coach, am very bullish on crypto in general, especially altcoins because I believe this is where the biggest tech breakthroughs (and gains) will be, however I would be careful with NFTs. The way I see it most of them have no value whatsoever, unless we’re talking about art from a trendy artist, or in-game NFTs which can be used in video and online games. Don’t mean to rain on your parade Coach but I doubt that you will make much selling the NFT images of your videos, simply because it’s unclear what the person buying them will own and what exclusive use they can derive from it aside from selling it to another person who is foolish enough to pay more. So this has a strictly speculative appeal in my view. With that being said, since you’re not actually putting much money into it, aside from gas fees for putting it on the blockchain, I say go for it, it doesn’t hurt to try so that you don’t have to kick yourself later like with bitcoin :) Good luck!

I think that the item crypto sells IS anonymity, and also enabling currencies to be calculated and sent over greater distances without the need of banks. Once the anonymity is done away with and the average consumer understand this, I think they are bound to fall in price. Only the name and reputation of crypto would be left if it became fully un-anonymous. Heck, crypto isn’t even fully anonymous even now as all of it can be tracked through everyone who owned the coin at some point. NFT’s are no doubt a bubble to me, it just depends on if you hit them at the sweet spot before everyone realizes they are tulips, NFT’s to me are no more than a bragging right (oh I own this) when in practicality it isn’t different than owning one rock from other. They might have different chips and dents, but they are still the same form of -insert rock type- That’s just my opinion though

I didn't know you make new webinar so I was a little late, but now I watched it and can say some critique: 1. 150$ for yt video thumbnail? It's crazy, but people are crazy so who knows. I think that meassure of success is that you sell anything at all. 2. Blockchain (base of crypto) is just distributed database, so you need to treat it as such. That means it's very slow for DB, but you have a lot of backups. So crypto solves only 1 problem: how to have a reliable store of data that can be confirmed by any participant.