Sunday Rundown - March 21, 2021

More media this week

As I mentioned in my most recent update, the crypto market can either keep going up at this pace OR sustain this bull market through the rest of the year and beyond. We can do one of those things, but not both.

I talked about that more deeply in my March 17, 2021 market update. If you missed it, tap this button:

FYI I am still not buying or selling. I realize the rest of the world unanimously expects prices to zoom straight up, but this market can change direction at the drop of a hat. For that reason, I’m taking it easy and sticking to my plan.

As promised, this week’s rundown has more multimedia features.

New to the market?

Catch this interview with Tai Zen on Brad Costanzo’s podcast, Bacon Wrapped Business.

Tai gives some of the best simple, easy advice for finding your way around the cryptosphere. Also a nice explanation of cryptocurrency as a technology and its many uses, though I still think Consensusland is better 😀.

You can watch the video interview on the Bacon Wrapped Business website or catch the audio on any streaming service. Tap this button to do both.

NFTs are kind of a big deal right now. I had a chance to interview Tyler Barnett, creator of the first TikTok NFT and owner of the Enso Gallery. We talked about his foray into the blockchain and his experience opening an OpenSea gallery.

Tap this button to listen to our conversation.

Coindesk covered the new jobs being created in Decentraland, a virtual world powered by NFTs for real estate, digital goods, avatars, and many other features. Funny how a virtual world can provide real-world value, thanks to cryptocurrency.

Also read the related article, This Casino in Decentraland Is Hiring (for Real).

  • Bottom line: Crypto.com and Visa joined forces to extend credit cards to people who want to borrow against their cryptocurrencies. Instead of spending your crypto, you borrow against your crypto to pay in fiat money. Merchants get paid in their local currency.

  • My take: if this creates an experience closer to a “real” credit card, it could take off. Nobody wants to spend their crypto but many people will tap their crypto balances if the process is easy enough.

  • Why we care: I don’t know what this means for Crypto.com’s CRO token, but this partnership could dramatically change the practical usage of crypto.

Relax and enjoy the ride!

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