The BLOCKCHAIN and Non-Fungible Tokens

Non-Fungible Tokens (NFT) appeared in public in Sept. 2020 when an NFT digital artwork sold for 262 Ethereum coins ($101,000 US). In Oct. 2020 a NFT Designers work sold for $131,250 US. By the month of November, NFT Art work created 2,6 million US dollars and in December it reached 8.8 million US dollars.

Now it’s March 2021 and just one piece of NFT Art is expected to change hands at 6.6 million US dollars. The collectibles market is worth $130 billion worldwide and there has been a Shift in treating collectibles as an investment asset, not just a hobby.

Why and how has this happened so quickly?

1. NFTs are a Certificate of Authenticity; a unique, significant Asset in a world where there is a lack of trust and so much is counterfeit. People are even stealing the personal identity of others.

2. NFTs are one of a kind. There is only one and it is valuable when individuals want it and it is scarce.

3. NFTs can not be divided into smaller parts. Only one owner can have a specific NFT; whereas many owners can own Bitcoins which are equal in value.

Why I am so attracted to NFTs?

Paper money is being printed at a great speed by nearly all governments, especially in the developed countries. Whereas currencies were once backed by gold or silver, most governments have sold their gold to buy more paper to print-print-print. The most powerful country puts 4 words on each piece of paper “IN GOD WE TRUST”, when at the minimum they should be printing “IN POLITICIANS WE TRUST, EVEN IF MOST ARE REALLY UNTRUSTABLE”.

Whereas my ancestors saved money for retirements, we now find that governments have spent all our savings are now financially bankrupt. The only thing politicians can do is print more paper dollars; control the media; build an army with the power to make us behave as they wish; while saying it is for our own good. We must live according to the demands of politicians, bankers, and the very rich – all of whom will do whatever it takes to maintain their power and life style.

Those with the power to do so in our modern, developed economies are now moving to also control all other classes of assets beyond the once almighty US dollar. Though government decrees, regulations and not enforcing previous laws they have allowed the bankers and rich to control the price of other assets besides dollars, such as gold or silver and all other commodities we need to survive.

What are ASSETS?

Anything of value which enables individuals to live a reasonably safe, comfortable and meaningful life. In terms of saving for a secure life and retirement assets have been: PAPER MONEY; A HOME; LAND; A BANK SAVINGS ACCOUNT; STOCK MARKET; GOLD; SILVER; DIAMONDS; BITCOINS etc. Personally, I believe my greatest assets are my ability to LEARN, CHANGE, and the FREEDOM TO DO SO.

What is this relatively NEW ASSET?

NON-FUNGIBLE TOKENS because they are authentic, transferable and preserve ownership rights that no one or government can change.

They are based on standards that and presently are most commonly found on top of the ethereum BLOCKCHAIN platform, beyond the control of governments.

What are just three examples of NON-FUNGIBLE TOKEN ASSETS?

1. For me the most important if MY PERSONAL IDENTITY and academic qualifications, medical records and even my appearance. With the increasing instances of personal identity thefts it is hard to know whom one can trust.

2. NFT ART – Only one single person can have ownership, but anyone can see it.

3. NFT COLLECTIBLES – Anything that can be collected such as antique cars; baseball cards; music; novels, inventions, etc. Conventional collectors are now on to digital assets.

All these NFTs require BLOCKCHAIN TECHNOLOGY which is the reason for this website. Seniors need to be aware of new assets which can be trusted. It enables individual to have full trust in this new digital asset.

 

BLOCKCHAIN & TECHNOLOGY SYMPOSIUM – March 5 – 6, 2019

BLOCKCHAIN & TECHNOLOGY SYMPOSIUM

WHATA two day Symposium covering:

Topics

  1. Artificial Intelligence
  2. Big Data
  3. Block Chain
  4. Chatbot
  5. Cloud ComputingC
  6. Cyber Security
  7. Cryptocurrency
  8. Deep Learning
  9. Machine Learning
  10. Robot Assistance

Format

Educational Workshops

Businesss to Businesss Meetings

Speakers – Go to www.bitcoinrodeo.com for detailed information

Product Demonstrations

Exhibit Floor

Pitch Competition

Networking Events

For a detailed two day agenda to to www.bitcoinrodeo.com

WHEN:

Tuesday, March 5 (8 a.m. – 4:40 p.m.)

Wednesday, March 6 (9 a.m. – 3:50 p.m)

Go to www.bitcoinrodeo.com for detailed Registration Fees.

WHERE:

Shaw Conference Center

9797 Jasper Ave, Edmonton, AB T5J 1N9

WHY:

By uniting our technology sectors, we will be elevating Alberta’s current standing in the golbal economy.

WHO:

Blockchain Entrepreneurs

Nerds/Geeks

Venture Capital

Robotics, Machine Learning, Blockchain, Artificial Intelligence and Technology Companies

For more information go to www.bitcoinrodeo.com

Up-Date – Nov. 10, 2018

Hi to all,

I am following information sources regarding digital currencies and the blockchain, but not going to as many Meet-Ups or actively trading related stock. I am still buying the top 5 Cryptocurrencies at present and sitting tight on  stocks on the TSE that are related to blockchain.

This <https://offthechain.libsyn.com/murad-mahmudov-the-ultimate-bitcoin-argument> has comforted my anxiety about the lack of improvement in the main digital coin stock in 2018. It is a long interview, but I felt it was so good I listened to it twice.

I am now sleeping better.

Regards,

Roger

 

FREE Cryptocurrency Course for absolute beginners

I recently ran across a cryptocurrency course that is available to everyone for free. The language used to explain the ideas is easily understood by individuals with basic English.

WHO:

Three undergraduates of Brown University, Rhode Island (tied for rank 14th among National Universities in USA by US News) devised 5 free courses to quickly educate anyone with minimal knowledge, as to how cryptocurrencies and blockchain work.

WHAT:

The courses consist of a brief written section with diagrams; some short videos; and followed by a brief quiz.

1. Money 101: How money was invented; changed over time; and is used today.

2. Bitcoin 101: What it is and how it works.

3. Blockchain 101: What it is; how it works; and the problem it solves

 

 

4. Ethereum 101: What Ethereal and Smart Contracts are; and how they work.

5. The Future 101: Blockchain Technology and how it is used today.

GLOSSARY: 

Their glossary is quite extensive and consist of short, clear definitions of terms used in the industry.

HOW:

http://goodbit101.com

I highly recommend these courses for seniors and anyone looking for an easy way to understand cryptocurrencies and the blockchain.

Your feedback and comments are appreciated.  rogerhumbke@hotmail.com

Up-dates – JULY 2018

During the last three months: 

1. Spent 12 days in New York; 7 days on an Alaska cruise and 7 weeks in China.

2. Invested .2% of assets in Ethereum, Bitcoin, Litecoin and Bitcoin Cash and am down about 20% overall. I am holding for the long term gain and not trading at this time. Plans are to continue accumulating other more risky Cryptos as it becomes easier to do so. 

3. I predict that the second half of 2018 will be better for Cryptocurrencies than the first half has been.

4. I completed the University of Nicosia “Introduction to Digital Currency” for rhe second time and achieved a mark of 79%. Sign up for the next free course starting the fall of 2018.

5. University of Nicosia is also offering a free 2 week on-line for those about to start a university-level degree taught in English. CHECK OUT – https://www.unic.ac.cy/event/free-unic-english-language-courses-2018/

6. Numerous courses on blockchain technology are now being offerred on-line. According to CoinTelegraph in 2017 there were 3 universities, in the USA alone, offering blockchain/digital course and now, in 2018, such course are being offered by 8 university in the USA. Simply click on  Simon Chandler’s name below the visual and to read the full article.

 Simon Chandler   

JUL 15, 2018

Universities Racing to Provide Lectures on Crypto: Opportunities and Pitfalls

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Why Bitcoin is experiencing what Uranium, Gold Silver already have!!

 

Bitcoin - Nov 2017 to Mar 2018

BITCOIN – Nov 2017 T0 Mar 2018

When I first heard that the COMMODITY MERCHANTILE EXCHANGE was going to start trading Bitcoin Futures back in November of 2017, I wondered if this news was a wolf dressed in sheep clothing. Having been a futures broker and a partner in a Futures trading firm in the early 1980’s I fully realized that you could make just as much money in a falling market as you could in a rising market. Actually it is easier to make money in a falling market, if you are a Rothschild, JP Morgan or part of cartel that had the power to control prices.

Go to htpps:www.investopedia.com; type in the word CARTEL and you will get the following definition: 

A cartel is an organization created from a formal agreement between a group of producers of a good or service to regulate supply to manipulate prices.  If  I had the power I would edit this definition to read “A cartel is a group or organization of any type created through an informal or formal agreement between individuals or groups, of producers or users, to regulate supply of any good or service.”

Go one step further; type in SHERMAN ANTITRUST ACT and you get this definition:

The Sherman Antitrust Act is landmark 1890 U.S. legislation which outlawed trusts — monopolies and cartels — to increase economic competitiveness.

It would seem that the government in 1890 was not a member of the CARTEL, but since then the lure of money and power have become much more powerful than maintaing integrity and doing what is a greater good for the majority.

My contention is that Trump was elected because he was going to break up  the CARTEL and “drain the swamp”, but he has considered what happened to presidents who attempted to do such a thing, and reconsidered – he has joined the  CARTEL.

I do not want to be member of the CARTEL, but neither do I want to be a victim of illegal price surpression, so I continue to invest in Cryptocurrencies, Gold, Silver and Uranium in the belief that the ROBBER BARONS can not keep their game going for ever. The Roschilds are probably the most powerful member of the CARTEL which through media has been able to control earthlings like ourselves. People who say otherwise are treated as outcast and conspiracy freaks.

This is what happened to the price of URANIUM once the CME started trading Uranium Futures.  It is the same thing as happened to Gold and Silver.

I urge you to study the blockchain and help support the awareness of how we are being manipulated by the CARTEL that now seems to be able to control the price of all commodities, once they get it on the CME and start trading paper contracts.

Individuals should have been more aware and shorted Bitcoin the moment CME Futures started trading on Dec 17, 2017,  but the CARTEL knew most would be fooled by media reports and so they set up  the game and we were willing to pay to play. There is no need to protest, BUT there is a great  need to learn more, spread the truth and not make the same mistakes again and again.

Highly recommended sites are https://cCoinwrath.com and SuperCrypto who writes on https://medium.com

 

Up-dates April 6, 2018

I have invested in Ethereum largely because of its priority to use blockchain technology to create smart contracts, not as a currency like bitcoin. Further more Ethereum has first mover advnntage. More reasons are given by Woody Deck which you can read by going to my Twitter account.

Why has Ethereum dropped so low? Will it start to come back up? by Woody Deck. You can check out his answer by going to my April 5. 2018 at https://twitter.com/RogerHumbke1

If you are involved in the banking sector check out my most recent tweet. It  indicates the continuing acceptance of Blockchain Technology even though  countries like India and China continue to ban the cryptocurrencies that are based on Blockchain. My take is that banking wants to ban any competition.

TD Bank to digitally track Assets using Blockchain Technology – BLOCKCHAIN PATENT NEWS

Up-Date as of April 1, 2018

This post is to cover some information that I would like to share, but do not have the time to re-write the content. If I copy and paste I get a message preventing me from doing this, even though it is all my content.

  1. I also have posts on WealthyAffiliate where I have been a member for 2 years. A blog I recently wrote about BLOCKCHAIN, TRUST & WEALTHYAFFILIATE is located at:  https://my.wealthyaffiliate.com/rogerhumbke/blog/blockchain-trust-and-wealthy-affiliate                 Please check the above URL to see if it takes you to the article. I would appreciate if you would let me know the results.

The fact that Google, Facebook, Twitter, and YouTube are or will ban cryptocurrency ads is no doubt a damper on the price of bitcoin etc, BUT it also indicates that they are seen as a threat. I believe it may be an opportunity to buy and have purchased small amounts of bitcoin, bitcoin cash, ethereum and litecoin.

2. I am presently researching an Alt Coin PILLAR (PLR) and reading the book “Joy, Inc. – How We Built a Workplace People Love” by Richard Sheridan. The book is available from the Edmonton Public Library and is an easy, very informative read. I will be reviewing both PILLAR and JOY,INC. on this site in the near future.

 

ANDREAS ANTONOPOULOS – Blockchain for you in 2018

ANDREAS ANTONOPOULOS – Blockchain for you in 2018

I believe everyone has AHA or EUREKA moments in their lifetime when they have a creative insight or suddenly understand some complicated concept that just previously they could not comprehend. For me I sometimes have AHA moments in dreams, but usually after having immersed in and studied a subject with great passion for months or years.

In the case of bitcoin and blockchain technology I first became aware of bitcoin in early 2017, largely because my gold stocks were not showing much life and I heard the cryptocurrencies were skyrocketing in value. My passion developed slowly, but in October I enrolled in the University of Nicosia online course “Introduction to Digital Currency” and started attending Bitcoin Meet-Ups in Edmonton, Alberta. My relatives and friends have no interest in the topic and tend to avoid the topic so I have made new friends and only talk to people who don’t laugh outloud when I mention the word “bitcoin”.

 

By January 2018 I had created a new website https://blockchainlearners.com. and on Feb. 21, 2018 I bought my first .0115539 of a bitcoin for $162.72 CAN dollars after attending a Meet-Up session given by Warren Furnival and later watching a video by Andreas Antonopoulos. That video “Future Of Bitcoin’s Can Reach 300K By 2018?” can be seen at https://www.youtube.com/watch?v=H8G9Pf_ovGE

Andreas has at last count 316 videos on YouTube (188 Q & A, 80 Talks and 48 Interviews) and I have only watched 20+; read two of his books and taken the course “Introduction to Digital Currency” for which he was one of two professors.

He continues to be the most learned individual I know and he spends all his time educating others about the possibilities for blockchain technology to create a better world for all.

5 STAGES OF DISCOVERING BITCOIN

These are the 5 stages that most individuals go thru in the process of dealing with BITC0IN – the first cryptocurrency that they are likely to discover. Bitcoin came into existence in January 2009. It is nine years old and I was not introduced to it until it was seven years old. In two years I have come to realize and accept the uniqueness of this amazing technology.

Stage 1 – DISDAIN:

When first introduced to BITCOIN most individuals would laugh out loud and call it invisible monopoly money. How could something that you couldn’t touch or feel be real money. It has none of the characteristics of money (tangible, note issued by governments and not backed by precious metals).

It was part of a virtual digital world which I at age 73 had difficulty relating to. I easily denied the existence of bitcoin and saw it as another fad like pet rocks which the younger generations would engage with and then quickly forget it in a year or two.

Stage 2 – SKEPTICISM:

In 2016 I saw enough bloggers writing about Bitcoin on the Internet, that I realized some individuals believed it was real. I paid some attention, but couldn’t make sense of it. It was ethereal and seemed like another Multi Level Marketing or Ponzi scheme that would just eat up my money, if I ever got involved.


Some individuals appeared to be making money and treating it as an actual asset, but I was skeptical that it would ever compete with my property, gold, stock, mutual funds and cold, hard cash.

Stage 3 – CURIOSITY:

In early 2017 I heard about individuals making money with Bitcoin and saw the word so often I became more curious. I had gone to university to get an M. Ed. In education and had been a teacher/school administrator for many years. In that time I changed philosophically from a Teacher to a Facilitator; and saw the Students and myself as Learners.

At this stage I started taking home every book from the library that I could find on Cryptocurrencies and reading numerous articles on the Internet.

Stage 4 – CRYSTALIZATION:

It was in the fall of 2017 that I began to think about actually investing in Bitcoin, but I was now 74 and believed that such an investment was for the Millennial who could afford to lose everything and still start over. BUT I couldn’t bring myself to squander any of my retirements funds on something I knew so little about.

At this time I came across a free, accredited course called “Introduction to Digital Currencies” from the University of Nicosia, Cyprus which led to a further 8 courses and an M. Sc. In Digital Currencies. I investigated the course and university, and found the university to be English-speaking and as credible as any North American University. The course had started in 2014 in response to the banking crises in Greece and Cyprus as an alternative to banking and fiat currency. The course was on line and I enrolled on Oct. 26, 2017.

My most influential professor was Andreas Antonopoulos and if you have your doubts please take the time to listen to his presentation on YouTube to Canadian Senators. It was an AH! HA! MOMENT for me! A light bulb went of in my mind and I suddenly realized why so many individuals were joining the movement.

It was like being a little boy again and I was learning to ride my bicycle. I fell off many times, but always got back on and thrilled at the freedom and adventure it brought me. I couldn’t sleep and started two more related course from the Linux Foundation and Princeton. By mid November I was swamped as I had now discovered the BLOCKCHAIN, an even more promising technology, on which the BITCOIN is based. The BLOCKCHAIN can bring trust back to the global community and has the ability to revolutionize all major industries (Education, Health, Business etc).

Stage 5 – ACCEPTANCE:

Once you understand the blockchain technology and see how it can change the way we do business and live, acceptance comes. It is faster, cheaper, can cut out the middlemen and gives everyone more control over their life. Mainly it recreates trust between individuals, businesses, institutions and countries throughout the world.

Now it is Jan 2018, and I can no longer ignore Bitcoin and the Blockchain. I wake up thinking about how the technology can improve the life of every single person on this planet.

Presently I am a passionate promoter of helping baby boomers and seniors learn all about the blockchain and cryptocurrencies so they too can partake in the benefits of this new technology. The future is very bright indeed, if power can be taken from the few. Lately I was astounded to hear that the 8 richest men on this earth own the same wealth as the 3,600,000,000 poorest.