Disruptive Crypto #2 –ICO of the week + The Crypto Bubble & Taxes
Hello everyone, and welcome to the second Disruptive Crypto blog! As usual I will be bringing you more about cryptos that will free humanity from establishment criminals and current system insufficiencies, and less about price action and market charts. Today I’m going to be bringing you an exciting blockchain project that just successfully completed it’s ico (initial coin offering) – BitDegree. This project aims to put education on the blockchain to make it accessible to everyone, and to help employers recruit tech talent. BitDegree will offer the best online courses available, and will feature unique tracking and reward systems. This platform will also allow businesses to recruit more efficiently, based on the student’s progress and skills development. This will solve problems of needs of the employer’s vs the student’s knowledge. Businesses will be able to reward students progressing on BitDegree with the BitDegree token. Students will earn this cryptocurrency as achievements and smart incentives.
Currently, you have a lot of online courses in which students end up spending a lot of time taking in a lot of information that is unnecessary to their goals, which results in businesses not getting the types of skills they need from the graduates. There is also an issue of dated educational materials which further causes problems in the quest for graduates finding a career in their field, and businesses not having properly trained staff. With BitDegree, students will be able to earn before they graduate, in the form of crypto rewards and scholarships. This creates a ton of incentive to be successful in the courses, but it also, means students will be in direct contact with top professors for the best education, and large companies to make sure they find the career they want to pursue. This is HUGE. BitDegree just makes the entire process so much more efficient. The amount of time spent on useless information will be a thing of the past, the disappointment of not finding a job in your field because you didn’t have the proper training won’t be an issue, the time and costs associated with student loans, lack of training, recruitment costs, sub-par teaching, turnover costs from inadequately trained staff, etc all add the current headaches surrounding education, teaching and hiring. To top all of this off, BitDegree is totally free!
Basically, the BitDegree token payouts are covered by the businesses that use the platform as a recruitment tool. They will be able to see exactly the type of students they are looking for, check their progress, make sure theyre receiving education relevant to the work, and provide awards along the way. This means that right after a student finishes their courses, the business they’ve been in touch with has a position ready for them to plug into. This could all be very revolutionary to the tech industry. The BitDegree team is made up of super smart software engineers, blockchain specialists, and startup advisors – which is always important to investigate when looking into ICOs. It looks like the coin supply is 336 Million, which isn’t too bad, not too excessive. Some news that gives promise to BitDegree is some recent parterships. The game changing crypto I wrote about in the last blog, Ethos, is partnering with BitDegree for a course called “Introduction to Crypto and Cryptocurrencies”. Ethos is trying to make the process of investing into crypto as easy and inexpensive as possible, so it makes sense that they would team up with BitDegree, which wants to make education super accessible. BitDegree is also partnering with 000webhost and Hostinger for access to over 29 million users. As I mentioned, the token sale was successful, so now it’s a matter of seeing when and which exchanges will have the BDG token available.
As an investment, you always want to get into cryptocurrencies at their lowest price. ICO is usually the best time to get into a crypto for the lowest costs, but one of the most recent issues with establishment interference, is not allowing US residents to participate in ICO token sales. So, unfortunately, until we the people solve yet another area of establishment intrusion with blockchain tech, many in the US will miss out on these token sales. You will want to invest AS SOON AS the token hits exchanges so that you get as close to ICO price as you can. And, as a reminder, I am not a professional, and any information I give is my opinion, and the way I would go about it. Try to buy in low, make sure everything about the tech and the team are solid, and the problems they’re solving are relevant, real world game changers.
I guess one issue I see with BitDegree is that it is based around the IT field, and not all fields of study. But as a jumping point, the tech industry makes sense, since it is the industry that is about to explode. I could imagine in the future we will see other blockchain related tech coming soon based around education – perhaps even through BitDegree. I will keep everyone posted of any education based crypto tech to created disrupt and attempt to solve problems related to the outdated, obsolete establishment education system. Keep BitDegree on your radars!
One quick aside to address the establishment, as I always must to – I want to give my 2 cents on whether or not cryptocurrency is in a bubble, and new tax laws the establishment created to give them the right to steal crypto.
First, I do not agree that crypto is in a bubble. Yes, when new industries start, there is always a shake-out process that happens after the new technology has been established, and the top companies have gained their position, the companies that aren’t successful with their tech/product/etc disappear. People compare crypto to the internet as the next big thing, and I DO think that is true, except I think crypto is going to be bigger. We have to realize where we are now in terms of our technological advancements and in terms of social awareness, desire for change. The type of money involved and the problem solving abilities of cryptocurrency is going to be much larger than that of the internet. The internet did lay a framework for communication on a scale we’ve never seen, but blockchain tech is here to disrupt the social system that has held control of society for so long in every possible way. The reason you see the huge uptick (in my opinion of course) in the crypto market cap has to do a lot with the desire for society changing technology – people are sick of the violence, failures, impositions, theft, waste, false value, inefficiency, and unsustainability of our current social system. You will see more and more people trying to get elite strangers out of their lives, and they're hearing that blockchain is what will do it. I also think there is a disconnect in the crypto world in that many look at decentralization as very important, and recognize the greed, manipulation, and corruption within govts and banking. The problem is that as more and more greedy and/or elitist people enter the space, there are chances of manipulation. People have to realize that and significant drops in the crypto market may have nothing to do with any FUD or something happening with the company, but a matter of people selling off their tokens for a profit, causing a ripple in the market for everyone. Also on the flip side, you will have the people who claim the right to violently rule everyone else doing what they will to make cryptocurrency and blockchain tech difficult to implement, or they’ll find ways to profit from it, but either way, their interests are at the forefront as usual.
Speaking of the establishment having their interests at the forefront, they have recently given themselves the right to take peoples cryptocurrency investments through taxation. Like I've said before, I find it appalling that people allow things like this without pushback. Establishment rep govt, bankers, and corporate heads will spread all kinds of fear, threats, and misinformation about promising happenings in society. They want to be at the helm of anything introduced to society, and if they are not, they say not to trust it until they can be involved. And per usual, as the new idea becomes popular, and the elite have problems getting a handle on it, they use force to steal the resources from the successes of societies new ideas. These elitists weren’t involved with the success of crypto, but they want to capitalize on the success of others. Imagine all the time that people put into researching cryptos to invest in, and risking their own, hard earned money to invest. During this time, the establishment speaks ill of crypto. Then, after the cryptos continue to rise in value, and more and more projects are revealed, the govt decides that they are doing to just take a piece of everyone's returns. This is where pushback is needed through blockchain. We need to utilize current cryptos or create new ones to directly address decisions of the establishment. For example – the govt announces crypto taxes. But instead of the people saying, “well, I need to figure out how to give these people my earnings”, they should be saying “fuck you bastards, when the hell did the people vote on this? What gives you people the right to take property of others simply because you wrote it down?! Start a poll on Clearpoll asap and start a peoples vote on this – if the people vote against it, the establishment law is void”. You need tactical pushback at every turn. Banks/Govt/credit card companies cancelling cryptocurrency debit cards? Create a crypto/blockchain tech to create an alternative to Visa and Mastercard and make them irrelevant. That’s how society should work!! I’m so sick of people conforming so drastically to meet the desires of greedy, criminal strangers and corporate powers! Blockchain is the tech that is meant to help us get away from this bullshit, people! USE IT!
For more info about BitDegree and to keep track of their launch on exchanges, check out their website:
https://www.bitdegree.org/en/token
Thanks for reading!
Next Up for Disruptive Crypto - Decentralized Internet!
Your article gave me an idea, but I am not a coder techie type: blockchain voting. Would erase hackable, eraseable, no verifiable trail vote corruption. Also, direct democracy via blockchain voting. Instead of voting on American Idol or whatever, people can log in and vote about going to war or not, gutting healthcare or not, giving the wealthy a handout or not ...etc. We don't legitimately NEED "representation" anymore (not that they represent anyone but whoever lines their pockets). The idea behind it was not everyone can go to a centralized place and spend the time to vote, etc. Crypto is working on a universal income, giving people more time to get informed about issues instead of working three jobs to survive; crypto voting would make voting traceable and verifiable; decentralized internet would gice everyone access to log in and make their voice heard.
There is actually a crypto Im going to be covering that covers just what you're talking about as far as voting! I will post this week. I was also trying to work with others on creating a Universal Basic Credits/Crypto. It's exciting to imagine the tech that will come out over the next few years
Mannabase (previously called Grantcoin) is launching right now, to work on a crypto UBI. I signed up but haven't gotten the full-setup email yet. I have a referral link, though: https://www.mannabase.com/?ref=6e4b50d35e